Amazon Com (AMZN) Operating Expenses (2009 - 2026)
Amazon Com (AMZN) posted quarterly Operating Expenses of $330.8 billion for Q2 2026, up 15.75% year-over-year from $285.8 billion in Q2 2025, and up 109.82% on a QoQ basis from $157.7 billion in Q1 2026.
Amazon Com (AMZN) Operating Expenses (2009 - 2026) Analysis & Trends
Amazon Com has reported Operating Expenses for 18 years, with the latest figure at $330.8 billion in Q2 2026.
- Operating Expenses for Q2 2026 came in at $330.8 billion, up 15.75% year-over-year; the trailing twelve-month figure through Jun 2026 was $937.0 billion (up 13.46% YoY), and the FY2025 annual result was $636.9 billion, up 11.87% from the prior year.
- Operating Expenses rose to $330.8 billion in Q2 2026, from $157.7 billion in the prior quarter.
- Over five years, Operating Expenses peaked at $448.5 billion in Q3 2025 and troughed at $112.8 billion in Q1 2022.
- A 5-year average of $257.4 billion and a median of $255.3 billion in 2023 frame the typical range for Operating Expenses.
- The widest annual swing landed in 2024, when Operating Expenses increased 4.42%; it then rose 15.75% in 2026.
- A 5-year view of Operating Expenses shows it stood at $355.3 billion in 2022, then rose by 7.29% to $381.2 billion in 2023, then rose by 5.67% to $402.8 billion in 2024, then gained by 11.36% to $448.5 billion in 2025, then slipped by 26.25% to $330.8 billion in 2026.
- Per Business Quant data, the three most recent Operating Expenses figures were $330.8 billion in Q2 2026, $157.7 billion in Q1 2026, and $448.5 billion in Q3 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Amazon Com | 3,101.08 Bn | 2,978.09 Bn | 198.88 Bn | 330.81 Bn |
| 2 | PDD Holdings | 513.02 Bn | 453.48 Bn | 9.83 Bn | -5.87 Bn |
| 3 | DoorDash | 94.28 Bn | 88.76 Bn | 2.35 Bn | 4.30 Bn |
| 4 | Mercadolibre | 92.30 Bn | 78.87 Bn | 4.16 Bn | 3.48 Bn |
| 5 | JD.com | 90.34 Bn | 70.43 Bn | 7.66 Bn | -1.51 Bn |
| 6 | Sea | 67.47 Bn | 58.95 Bn | 3.15 Bn | -2.55 Bn |
| 7 | Ebay | 49.94 Bn | 46.08 Bn | 2.30 Bn | 1.63 Bn |
| 8 | Coupang | 29.36 Bn | 29.27 Bn | 2.49 Bn | 9.41 Bn |
| 9 | Zkh | 16.08 Bn | 16.08 Bn | 51.11 Mn | -23.28 Mn |
| 10 | Wayfair | 14.50 Bn | 13.35 Bn | 1.05 Bn | 950.00 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 330.81 Bn |
| Mar 31, 2026 | 157.67 Bn |
| Sep 30, 2025 | 448.54 Bn |
| Jun 30, 2025 | 285.79 Bn |
| Mar 31, 2025 | 137.26 Bn |
| Sep 30, 2024 | 402.78 Bn |
| Jun 30, 2024 | 261.31 Bn |
| Mar 31, 2024 | 128.01 Bn |
| Sep 30, 2023 | 381.18 Bn |
| Jun 30, 2023 | 249.29 Bn |
| Mar 31, 2023 | 122.58 Bn |
| Sep 30, 2022 | 355.27 Bn |
| Jun 30, 2022 | 230.69 Bn |
| Mar 31, 2022 | 112.78 Bn |
| Sep 30, 2021 | 310.99 Bn |
| Jun 30, 2021 | 205.03 Bn |
| Mar 31, 2021 | 99.65 Bn |
| Sep 30, 2020 | 244.48 Bn |
| Jun 30, 2020 | 154.53 Bn |
| Mar 31, 2020 | 71.46 Bn |