Amazon Com AMZN
NASDAQ AMZN
$262.43 +8.37 (+3.29%)
At close: Oct 9, 2026 · 4:00 PM EDT

Amazon Com (AMZN) Research & Development (2009 - 2023)

Updated

Amazon Com (AMZN) reported Research & Development of $20.45 billion for Q4 2023.

Analysis

Amazon Com (AMZN) Research & Development (2009 - 2023) Analysis & Trends

Over the twelve months ended Mar 31, 2023, Amazon Com's Research & Development came in at $72.85 billion; for FY2022, it was $73.21 billion, up 30.6% from FY2021.

  • Research & Development has increased for 13 consecutive years, with a five-year compound annual growth rate of 26.5% (FY2017 to FY2022).
  • By year, Research & Development came in at $56.05 billion in FY2021 (+31.1%), $42.74 billion in FY2020 (+19.0%), $35.93 billion in FY2019 (+24.6%) and $28.84 billion in FY2018 (+27.5%).
  • The Q4 2023 figure ranks as the highest quarterly Research & Development in data going back to Q4 2009.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) R&D (Qtr)
1 Amazon Com 2,829.78 Bn 2,346.48 Bn 104.83 Bn -
2 Home Depot 290.18 Bn 283.42 Bn 16.12 Bn -
3 Tjx Companies 152.80 Bn 130.34 Bn 5.07 Bn -
4 Lowes Companies 104.32 Bn 97.29 Bn 8.58 Bn -
5 Ross Stores 71.10 Bn 54.02 Bn 2.12 Bn -
6 O Reilly Automotive 70.56 Bn 69.64 Bn 2.52 Bn -
7 Carvana 70.07 Bn 61.67 Bn 1.38 Bn -
8 Target 69.82 Bn 64.41 Bn 8.94 Bn -
9 Autozone 48.00 Bn 46.90 Bn 2.52 Bn -
10 JD.com 32.86 Bn -77.35 Bn 8.71 Bn -1.08 Bn
Historic Data

Historic Data

Download Data
DateValue
Mar 31, 2023 20.45 Bn
Sep 30, 2022 19.49 Bn
Jun 30, 2022 18.07 Bn
Mar 31, 2022 14.84 Bn
Sep 30, 2021 14.38 Bn
Jun 30, 2021 13.87 Bn
Mar 31, 2021 12.49 Bn
Sep 30, 2020 10.98 Bn
Jun 30, 2020 10.39 Bn
Mar 31, 2020 9.33 Bn
Sep 30, 2019 9.20 Bn
Jun 30, 2019 9.07 Bn
Mar 31, 2019 7.93 Bn
Sep 30, 2018 7.16 Bn
Jun 30, 2018 7.25 Bn
Mar 31, 2018 6.76 Bn
Sep 30, 2017 5.94 Bn
Jun 30, 2017 5.55 Bn
Mar 31, 2017 4.81 Bn
Sep 30, 2016 4.14 Bn
API Access

Amazon Com Research & Development 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=research-and-development&ticker=AMZN&period=max&api_key=YOUR_API_KEY