Amazon Com (AMZN) Net Margin (2009 - 2026)
Amazon Com's (AMZN) quarterly Net Margin came in at 24.31% in Q2 2026, up 1339.0% year-over-year from 1.69% in Q2 2025, and up 45.95% quarter-over-quarter from 16.66% in Q1 2026.
Amazon Com (AMZN) Net Margin (2009 - 2026) Analysis & Trends
Amazon Com has disclosed Net Margin across 18 years of filings, most recently posting 24.31% for Q2 2026.
- In Q2 2026, Net Margin rose 1339.0% year-over-year to 24.31%; the TTM figure through Jun 2026 stood at 15.46% (up 598.0% YoY), while the FY2025 annual figure was 10.91%, up 161.0% from the prior year.
- Net Margin came in at 24.31% for Q2 2026 at Amazon Com, up from 16.66% in the prior quarter.
- In the past five years, Net Margin ranged from a high of 24.31% in Q2 2026 to a low of 3.3% in Q1 2022.
- Average Net Margin over 5 years is 7.35%, with a median of 7.78% recorded in 2024.
- Year-over-year, Net Margin tumbled 1074 bps in 2022 and jumped 1339 bps in 2026.
- Over 5 years, Net Margin stood at 0.82% in 2022, then soared by 699 bps to 4.88% in 2023, then soared by 79 bps to 8.74% in 2024, then rose by 29 bps to 11.23% in 2025, then jumped by 116 bps to 24.31% in 2026.
- Per Business Quant data, the three most recent Net Margin figures were 24.31% in Q2 2026, 16.66% in Q1 2026, and 11.23% in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Amazon Com | 2,735.76 Bn | 2,612.77 Bn | 198.88 Bn | 24.31% |
| 2 | JD.com | 32.66 Bn | 9.40 Bn | 16.50 Bn | 1.85% |
| 3 | Coupang | 25.61 Bn | 19.50 Bn | 2.49 Bn | -6.44% |
| 4 | Wayfair | 13.93 Bn | 12.79 Bn | 1.05 Bn | -0.03% |
| 5 | GigaCloud Technology | 3.80 Bn | 3.42 Bn | 105.56 Mn | 10.28% |
| 6 | Pattern | 3.04 Bn | 2.69 Bn | 384.36 Mn | 3.14% |
| 7 | Yunji | 1.88 Bn | 1.86 Bn | - | - |
| 8 | Revolve | 1.47 Bn | 1.13 Bn | 196.67 Mn | 5.36% |
| 9 | ATRenew | 632.36 Mn | 371.23 Mn | -705.59 Mn | 50.07% |
| 10 | Stitch Fix | 398.30 Mn | 211.49 Mn | 148.84 Mn | -0.45% |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 24.31% |
| Mar 31, 2026 | 16.66% |
| Sep 30, 2025 | 11.23% |
| Jun 30, 2025 | 10.92% |
| Mar 31, 2025 | 10.97% |
| Sep 30, 2024 | 8.74% |
| Jun 30, 2024 | 8.24% |
| Mar 31, 2024 | 7.31% |
| Sep 30, 2023 | 4.88% |
| Jun 30, 2023 | 3.78% |
| Mar 31, 2023 | 2.49% |
| Sep 30, 2022 | -0.82% |
| Jun 30, 2022 | -2.45% |
| Mar 31, 2022 | -3.30% |
| Sep 30, 2021 | 5.72% |
| Jun 30, 2021 | 7.17% |
| Mar 31, 2021 | 7.43% |
| Dec 31, 2020 | 5.73% |
| Sep 30, 2020 | 5.42% |
| Jun 30, 2020 | 4.79% |
Amazon Com Net Margin API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=net-margin&ticker=AMZN&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "net-margin", "ticker": "AMZN", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=net-margin&ticker=AMZN&period=max&api_key=YOUR_API_KEY");
const data = await res.json();