Growth Metrics

Amazon Com (AMZN) Operating Expenses (2009 - 2026)

Amazon Com recorded quarterly Operating Expenses of $157.7 billion in Q1 2026, down 3.12% quarter-over-quarter from $162.7 billion in Q3 2025, and up 14.87% year-over-year from $137.3 billion in Q1 2025.

Amazon Com's Operating Expenses history runs 18 years deep, the most recent figure standing at $157.7 billion for Q1 2026.

  • In Q1 2026, Operating Expenses rose 14.87% year-over-year to $157.7 billion; the TTM figure through Mar 2026 stood at $468.9 billion (up 13.81% YoY), while the FY2025 annual figure was $636.9 billion, up 11.87% from the prior year.
  • Operating Expenses came in at $157.7 billion for Q1 2026 at Amazon Com, down from $162.7 billion in the prior quarter.
  • In the past five years, Operating Expenses ranged from a high of $162.7 billion in Q3 2025 to a low of $112.8 billion in Q1 2022.
  • A 5-year average of $134.3 billion and a median of $131.9 billion in 2023 frame the typical range for Operating Expenses.
  • Across the five-year window, Operating Expenses rose 17.57% in 2022 and rose 4.42% in 2024, its largest moves.
  • Amazon Com's Operating Expenses stood at $124.6 billion in 2022, then advanced by 5.88% to $131.9 billion in 2023, then rose by 7.26% to $141.5 billion in 2024, then grew by 15.04% to $162.7 billion in 2025, then slipped by 3.12% to $157.7 billion in 2026.
  • According to Business Quant data, Operating Expenses over the past three periods registered $157.7 billion, $162.7 billion, and $148.5 billion for Q1 2026, Q3 2025, and Q2 2025 respectively.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Opex (Qtr)
1 Amazon Com 2,861.08 Bn 2,717.99 Bn 171.21 Bn 157.67 Bn
2 Alibaba Group Holding 348.49 Bn 315.38 Bn 12.18 Bn -4.19 Bn
3 Mercadolibre 84.38 Bn 78.73 Bn 3.86 Bn 3.25 Bn
4 DoorDash 69.78 Bn 64.91 Bn 2.04 Bn 3.89 Bn
5 Ebay 51.86 Bn 48.00 Bn 2.29 Bn 1.68 Bn
6 Coupang 29.42 Bn 29.33 Bn 2.30 Bn 8.75 Bn
7 Maplebear 9.86 Bn 9.17 Bn 738.00 Mn 556.00 Mn
8 Wayfair 8.79 Bn 7.72 Bn 880.00 Mn 891.00 Mn
9 Chewy 8.58 Bn 7.71 Bn 959.70 Mn 917.20 Mn
10 Etsy 6.00 Bn 4.58 Bn 455.60 Mn 335.75 Mn

Historic Data

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DateValue
Mar 31, 2026 157.67 Bn
Sep 30, 2025 162.75 Bn
Jun 30, 2025 148.53 Bn
Mar 31, 2025 137.26 Bn
Sep 30, 2024 141.47 Bn
Jun 30, 2024 133.31 Bn
Mar 31, 2024 128.01 Bn
Sep 30, 2023 131.90 Bn
Jun 30, 2023 126.70 Bn
Mar 31, 2023 122.58 Bn
Sep 30, 2022 124.58 Bn
Jun 30, 2022 117.92 Bn
Mar 31, 2022 112.78 Bn
Sep 30, 2021 105.96 Bn
Jun 30, 2021 105.38 Bn
Mar 31, 2021 99.65 Bn
Sep 30, 2020 89.95 Bn
Jun 30, 2020 83.07 Bn
Mar 31, 2020 71.46 Bn
Sep 30, 2019 66.82 Bn
Jun 30, 2019 60.32 Bn
Mar 31, 2019 55.28 Bn
Sep 30, 2018 52.85 Bn
Jun 30, 2018 49.90 Bn
Mar 31, 2018 49.12 Bn
Sep 30, 2017 43.40 Bn
Jun 30, 2017 37.33 Bn
Mar 31, 2017 34.71 Bn
Sep 30, 2016 32.14 Bn
Jun 30, 2016 29.12 Bn
Mar 31, 2016 28.06 Bn
Sep 30, 2015 24.95 Bn
Jun 30, 2015 22.72 Bn
Mar 31, 2015 22.46 Bn
Sep 30, 2014 21.12 Bn
Jun 30, 2014 19.36 Bn
Mar 31, 2014 19.60 Bn
Sep 30, 2013 17.12 Bn
Jun 30, 2013 15.63 Bn
Mar 31, 2013 15.89 Bn
Sep 30, 2012 13.83 Bn
Jun 30, 2012 12.73 Bn
Mar 31, 2012 12.99 Bn
Sep 30, 2011 10.80 Bn
Jun 30, 2011 9.71 Bn
Mar 31, 2011 9.54 Bn
Sep 30, 2010 7.29 Bn
Jun 30, 2010 6.30 Bn
Mar 31, 2010 6.74 Bn
Sep 30, 2009 5.20 Bn
Jun 30, 2009 4.49 Bn
Mar 31, 2009 4.65 Bn