Amazon Com (AMZN) Operating Leases (2018 - 2026)
Amazon Com's (AMZN) quarterly Operating Leases came in at $104.9 billion in Q1 2026, up 31.39% year-on-year from $79.9 billion in Q1 2025, and up 20.15% quarter-over-quarter from $87.3 billion in Q4 2025.
Amazon Com (AMZN) Operating Leases (2018 - 2026) Analysis & Trends
Amazon Com has disclosed Operating Leases across 9 years of filings, most recently posting $104.9 billion for Q1 2026.
- Operating Leases for Q1 2026 came in at $104.9 billion, up 31.39% year-over-year; the trailing twelve-month figure through Mar 2026 was $104.9 billion (up 31.39% YoY), and the FY2026 annual result was $104.9 billion, up 31.39% from the prior year.
- Operating Leases came in at $104.9 billion for Q1 2026 at Amazon Com, up from $87.3 billion in the prior quarter.
- In the past five years, Operating Leases ranged from a high of $104.9 billion in Q1 2026 to a low of $65.7 billion in Q1 2022.
- The 5-year median for Operating Leases is $79.8 billion (2024), against an average of $81.0 billion.
- Across the five-year window, Operating Leases dropped 8.47% in 2025 and jumped 31.39% in 2026, its largest moves.
- Amazon Com's Operating Leases stood at $73.0 billion in 2022, then rose by 5.93% to $77.3 billion in 2023, then increased by 1.27% to $78.3 billion in 2024, then grew by 11.58% to $87.3 billion in 2025, then climbed by 20.15% to $104.9 billion in 2026.
- The last three Operating Leases figures came in at $104.9 billion (Q1 2026), $87.3 billion (Q4 2025), and $84.7 billion (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Amazon Com | 2,551.03 Bn | 2,407.94 Bn | 171.21 Bn |
| 2 | Mercadolibre | 82.72 Bn | 77.07 Bn | 3.86 Bn |
| 3 | DoorDash | 72.09 Bn | 67.22 Bn | 2.04 Bn |
| 4 | PDD Holdings | 62.92 Bn | 38.25 Bn | 12.81 Bn |
| 5 | Ebay | 48.30 Bn | 44.44 Bn | 2.29 Bn |
| 6 | Coupang | 34.44 Bn | 34.35 Bn | 2.30 Bn |
| 7 | Zkh | 14.36 Bn | 14.36 Bn | 285.30 Mn |
| 8 | Wayfair | 10.72 Bn | 9.65 Bn | 880.00 Mn |
| 9 | Maplebear | 10.27 Bn | 9.58 Bn | 738.00 Mn |
| 10 | Chewy | 7.37 Bn | 6.85 Bn | 1.01 Bn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 104.94 Bn |
| Dec 31, 2025 | 87.34 Bn |
| Sep 30, 2025 | 84.68 Bn |
| Jun 30, 2025 | 96.19 Bn |
| Mar 31, 2025 | 79.87 Bn |
| Dec 31, 2024 | 78.28 Bn |
| Sep 30, 2024 | 79.80 Bn |
| Jun 30, 2024 | 78.08 Bn |
| Mar 31, 2024 | 87.26 Bn |
| Dec 31, 2023 | 77.30 Bn |
| Sep 30, 2023 | 86.37 Bn |
| Jun 30, 2023 | 75.82 Bn |
| Mar 31, 2023 | 74.27 Bn |
| Dec 31, 2022 | 72.97 Bn |
| Sep 30, 2022 | 81.41 Bn |
| Jun 30, 2022 | 66.52 Bn |
| Mar 31, 2022 | 65.73 Bn |
| Dec 31, 2021 | 67.65 Bn |
| Sep 30, 2021 | 63.85 Bn |
| Jun 30, 2021 | 56.30 Bn |