Amazon Com (AMZN) Net Margin (2009 - 2026)

Amazon Com's (AMZN) quarterly Net Margin came in at 16.68% in Q1 2026, up 571.0% year-on-year from 2.49% in Q1 2025, and up 41.34% quarter-over-quarter from 11.8% in Q3 2025.

Amazon Com (AMZN) Net Margin (2009 - 2026) Analysis & Trends

Amazon Com has disclosed Net Margin across 18 years of filings, most recently posting 16.68% for Q1 2026.

  • Net Margin for Q1 2026 came in at 16.68%, up 571.0% year-over-year; the trailing twelve-month figure through Mar 2026 was 10.18% (up 260.0% YoY), and the FY2025 annual result was 10.91%, up 161.0% from the prior year.
  • Net Margin came in at 16.68% for Q1 2026 at Amazon Com, up from 11.8% in the prior quarter.
  • In the past five years, Net Margin ranged from a high of 16.68% in Q1 2026 to a low of 3.3% in Q1 2022.
  • The 5-year median for Net Margin is 7.31% (2024), against an average of 6.78%.
  • Across the five-year window, Net Margin plunged 1078 bps in 2022 and soared 669 bps in 2023, its largest moves.
  • Amazon Com's Net Margin stood at 2.26% in 2022, then soared by 205 bps to 6.91% in 2023, then surged by 40 bps to 9.65% in 2024, then grew by 22 bps to 11.8% in 2025, then jumped by 41 bps to 16.68% in 2026.
  • The last three Net Margin figures came in at 16.68% (Q1 2026), 11.8% (Q3 2025), and 10.84% (Q2 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Net Margin (Qtr)
1 Amazon Com 2,551.03 Bn 2,407.94 Bn 171.21 Bn 16.68%
2 Mercadolibre 82.72 Bn 77.07 Bn 3.86 Bn 4.71%
3 DoorDash 72.09 Bn 67.22 Bn 2.04 Bn 4.53%
4 PDD Holdings 62.92 Bn 38.25 Bn 12.81 Bn 19.81%
5 Ebay 48.30 Bn 44.44 Bn 2.29 Bn -
6 Coupang 34.44 Bn 34.35 Bn 2.30 Bn -3.13%
7 Zkh 14.36 Bn 14.36 Bn 285.30 Mn -0.43%
8 Wayfair 10.72 Bn 9.65 Bn 880.00 Mn -3.58%
9 Maplebear 10.27 Bn 9.58 Bn 738.00 Mn 14.13%
10 Chewy 7.37 Bn 6.85 Bn 1.01 Bn 2.82%

Historic Data

Download Data
DateValue
Mar 31, 2026 16.68%
Sep 30, 2025 11.80%
Jun 30, 2025 10.84%
Mar 31, 2025 10.97%
Sep 30, 2024 9.65%
Jun 30, 2024 9.11%
Mar 31, 2024 7.31%
Sep 30, 2023 6.91%
Jun 30, 2023 5.03%
Mar 31, 2023 2.49%
Sep 30, 2022 2.26%
Jun 30, 2022 -1.66%
Mar 31, 2022 -3.30%
Sep 30, 2021 2.85%
Jun 30, 2021 6.87%
Mar 31, 2021 7.48%
Dec 31, 2020 5.73%
Sep 30, 2020 6.49%
Jun 30, 2020 5.89%
Mar 31, 2020 3.50%