Amazon Com (AMZN) Research & Development (2009 - 2026)
Amazon Com (AMZN) posted quarterly Research & Development of $62.7 billion for Q2 2026, up 25.05% year-over-year from $50.2 billion in Q2 2025, and up 112.15% on a QoQ basis from $29.6 billion in Q1 2026.
Amazon Com (AMZN) Research & Development (2009 - 2026) Analysis & Trends
Amazon Com has reported Research & Development for 18 years, with the latest figure at $62.7 billion in Q2 2026.
- Research & Development for Q2 2026 came in at $62.7 billion, up 25.05% year-over-year; the trailing twelve-month figure through Jun 2026 was $221.6 billion (up 22.51% YoY), and the FY2025 annual result was $108.5 billion, up 22.56% from the prior year.
- Research & Development rose to $62.7 billion in Q2 2026, from $29.6 billion in the prior quarter.
- Over five years, Research & Development peaked at $79.1 billion in Q3 2025 and troughed at $14.8 billion in Q1 2022.
- A 5-year average of $42.8 billion and a median of $42.6 billion in 2023 frame the typical range for Research & Development.
- The widest annual swing landed in 2023, when Research & Development surged 37.78%; it then dropped 0.13% in 2024.
- A 5-year view of Research & Development shows it stood at $52.4 billion in 2022, then advanced by 21.35% to $63.6 billion in 2023, then gained by 2.18% to $65.0 billion in 2024, then advanced by 21.78% to $79.1 billion in 2025, then declined by 20.72% to $62.7 billion in 2026.
- Per Business Quant data, the three most recent Research & Development figures were $62.7 billion in Q2 2026, $29.6 billion in Q1 2026, and $79.1 billion in Q3 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | R&D (Qtr) |
|---|---|---|---|---|---|
| 1 | Amazon Com | 3,101.08 Bn | 2,978.09 Bn | 198.88 Bn | 62.73 Bn |
| 2 | PDD Holdings | 513.02 Bn | 453.48 Bn | 9.83 Bn | -714.26 Mn |
| 3 | DoorDash | 94.28 Bn | 88.76 Bn | 2.35 Bn | 821.00 Mn |
| 4 | Mercadolibre | 92.30 Bn | 78.87 Bn | 4.16 Bn | 1.13 Bn |
| 5 | JD.com | 90.34 Bn | 70.43 Bn | 7.66 Bn | -995.00 Mn |
| 6 | Sea | 67.47 Bn | 58.95 Bn | 3.15 Bn | -1.41 Bn |
| 7 | Ebay | 49.94 Bn | 46.08 Bn | 2.30 Bn | 697.00 Mn |
| 8 | Coupang | 29.36 Bn | 29.27 Bn | 2.49 Bn | - |
| 9 | Zkh | 16.08 Bn | 16.08 Bn | 51.11 Mn | -4.25 Mn |
| 10 | Wayfair | 14.50 Bn | 13.35 Bn | 1.05 Bn | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 62.73 Bn |
| Mar 31, 2026 | 29.57 Bn |
| Sep 30, 2025 | 79.12 Bn |
| Jun 30, 2025 | 50.16 Bn |
| Mar 31, 2025 | 22.99 Bn |
| Sep 30, 2024 | 64.97 Bn |
| Jun 30, 2024 | 42.73 Bn |
| Mar 31, 2024 | 20.42 Bn |
| Sep 30, 2023 | 63.58 Bn |
| Jun 30, 2023 | 42.38 Bn |
| Mar 31, 2023 | 20.45 Bn |
| Sep 30, 2022 | 52.40 Bn |
| Jun 30, 2022 | 32.91 Bn |
| Mar 31, 2022 | 14.84 Bn |
| Sep 30, 2021 | 40.74 Bn |
| Jun 30, 2021 | 26.36 Bn |
| Mar 31, 2021 | 12.49 Bn |
| Sep 30, 2020 | 30.69 Bn |
| Jun 30, 2020 | 19.71 Bn |
| Mar 31, 2020 | 9.33 Bn |