Amazon Com (AMZN) Operating Margin (2009 - 2026)
Amazon Com's (AMZN) quarterly Operating Margin came in at 13.43% in Q2 2026, up 181.0% year-over-year from 4.78% in Q2 2025, and up 2.19% quarter-over-quarter from 13.14% in Q1 2026.
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Amazon Com (AMZN) Operating Margin (2009 - 2026) Analysis & Trends
Amazon Com has disclosed Operating Margin across 18 years of filings, most recently posting 13.43% for Q2 2026.
- In Q2 2026, Operating Margin rose 181.0% year-over-year to 13.43%; the TTM figure through Jun 2026 stood at 12.06% (up 114.0% YoY), while the FY2025 annual figure was 11.16%, up 40.0% from the prior year.
- Operating Margin came in at 13.43% for Q2 2026 at Amazon Com, up from 13.14% in the prior quarter.
- In the past five years, Operating Margin ranged from a high of 13.43% in Q2 2026 to a low of 2.61% in Q3 2022.
- Average Operating Margin over 5 years is 8.25%, with a median of 10.41% recorded in 2024.
- Year-over-year, Operating Margin plunged 502 bps in 2022 and surged 693 bps in 2024.
- Over 5 years, Operating Margin stood at 2.61% in 2022, then surged by 124 bps to 5.84% in 2023, then surged by 80 bps to 10.53% in 2024, then grew by 4 bps to 10.92% in 2025, then rose by 23 bps to 13.43% in 2026.
- Per Business Quant data, the three most recent Operating Margin figures were 13.43% in Q2 2026, 13.14% in Q1 2026, and 10.92% in Q3 2025.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Operating Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Amazon Com | 2,735.76 Bn | 2,612.77 Bn | 198.88 Bn | 13.43% |
| 2 | JD.com | 32.66 Bn | 9.40 Bn | 16.50 Bn | 1.26% |
| 3 | Coupang | 25.61 Bn | 19.50 Bn | 2.49 Bn | -6.28% |
| 4 | Wayfair | 13.93 Bn | 12.79 Bn | 1.05 Bn | 2.96% |
| 5 | GigaCloud Technology | 3.80 Bn | 3.42 Bn | 105.56 Mn | 11.54% |
| 6 | Pattern | 3.04 Bn | 2.69 Bn | 384.36 Mn | 4.05% |
| 7 | Yunji | 1.88 Bn | 1.86 Bn | - | - |
| 8 | Revolve | 1.47 Bn | 1.13 Bn | 196.67 Mn | 6.36% |
| 9 | ATRenew | 632.36 Mn | 371.23 Mn | -705.59 Mn | 43.00% |
| 10 | Stitch Fix | 398.30 Mn | 211.49 Mn | 148.84 Mn | -1.18% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 13.43% |
| Mar 31, 2026 | 13.14% |
| Sep 30, 2025 | 10.92% |
| Jun 30, 2025 | 11.62% |
| Mar 31, 2025 | 11.82% |
| Sep 30, 2024 | 10.53% |
| Jun 30, 2024 | 10.29% |
| Mar 31, 2024 | 10.68% |
| Sep 30, 2023 | 5.84% |
| Jun 30, 2023 | 4.76% |
| Mar 31, 2023 | 3.75% |
| Sep 30, 2022 | 2.61% |
| Jun 30, 2022 | 2.94% |
| Mar 31, 2022 | 3.15% |
| Sep 30, 2021 | 6.44% |
| Jun 30, 2021 | 7.48% |
| Mar 31, 2021 | 8.17% |
| Dec 31, 2020 | 5.47% |
| Sep 30, 2020 | 6.15% |
| Jun 30, 2020 | 5.98% |
API Access
Amazon Com Operating 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=operating-margin&ticker=AMZN&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "operating-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=operating-margin&ticker=AMZN&period=max&api_key=YOUR_API_KEY");
const data = await res.json();