Amazon.com, Inc. · Q4 2025
ReportedFeb 5, 2026
Period endedDec 31, 2025
Rule of 40+21
Consensus vs reported
EPS
MISS −1%
$1.95
vs $1.97 expected
QoQ0.0%
YoY+4.8%
Revenue
BEAT +1%
$213.39B
vs $211.4B expected
QoQ+18.4%
YoY+13.6%
QoQ and YoY are measured on the same basis as each panel's own consensus, so no panel compares two different measures.
The quarter in short
Revenue $213.39B, up 13.6% year over year and 18.4% on the quarter. EPS $1.95, up 4.8% year over year and 0.0% on the quarter. Free cash flow $15.99B, down 18.4% year over year. EPS missed consensus by 1%. Rule of 40 score +21.
Reported this quarter
Revenue
$213.39B
QoQ +18.4%
YoY +13.6%
EPS
$1.95
QoQ 0.0%
YoY +4.8%
Free Cash Flow
$15.99B
QoQ +1132.8%
YoY −18.4%
Gross Margin
48.5%
QoQ −2.3 pp
YoY +1.1 pp
FCF Margin
7.5%
QoQ +6.8 pp
YoY −2.9 pp
P/E Ratio
32.2
QoQ +3.8%
YoY −18.9%
Each tile opens the full quarterly series. Download the numbers as CSV or JSON.
Before the print: Q4 2025 preview.
Coverage around this release
R40
Amazon's $200B AI Bet Triggers Worst Selloff in a Year
News · Feb 12, 2026
R40
Amazon Q4 and Full Year 2025 Earnings Analysis
News · Feb 6, 2026
R40
The $700B AI Bet: Inside the Mag 7's Record 2026 CapEx Arms Race
News · Feb 6, 2026
R40
Amazon Q4 2025 Earnings Preview: Why Wall Street Keeps Underestimating Bezos's Machine
News · Feb 5, 2026
News
Amazon capex hike seen as bullish for AI ecosystem despite stock drop
@BonkDaCarnivore on X
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Amazon shares drop 7-8% on $200B 2026 AI capex guidance
Yahoo Finance
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AMZN CEO Jassy: Extraordinary opportunity to aggressively invest and lead in AI/AWS
@wallstengine on X
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Amazon Q4 Earnings Preview
@gemini_edge on X
Estimate against reported
Our published estimate
Reported EPS
Average surprise +17% over 4 graded quarters
| Quarter | Estimate | Reported | Surprise |
|---|---|---|---|
| 2025 Q1 | $1.37 | $1.59 | +16% |
| 2025 Q2 | $1.33 | $1.68 | +26% |
| 2025 Q3 | $1.57 | $1.95 | +24% |
| 2025 Q4 | $1.97 | $1.95 | −1% |
| 2026 Q1 | — | $2.78 | — |
| 2026 Q2 | $1.83 | $1.88 | +3% |
| 2026 Q3 | — | not yet reported | — |
| 2026 Q4 | — | not yet reported | — |
Estimates are the consensus we published on our own preview for that quarter; quarters we did not preview carry the reported figure only. Where a consensus was set on a non-GAAP basis, the reported column shows that same measure.
Sources & downloads
Company
Published by the company on the day of the release.
HTML
Earnings press release
Investor relations announcement
SEC filings
Filed with the SEC under CIK 1018724.
HTML
8-K results announcement
Filed Feb 5, 2026
HTM
Press release (EX-99.1)
Exhibit 99.1 to the 8-K
614 KB
HTM
Exhibit EX-99.2
Exhibit 99.2 to the 8-K
4 KB
HTML
Filing index
Every document in the 8-K submission
TXT
Complete submission
Raw archival text of the whole filing
HTML
10-K annual report
Period ended Dec 31, 2025, filed Feb 6, 2026
ZIP
XBRL data bundle
Structured financial statements from the 10-K
JSON
Company facts (XBRL)
Every figure AMZN has reported to the SEC
R40 data
The numbers shown on this page, as we hold them.
CSV
This quarter (CSV)
Reported metrics for Q4 2025, spreadsheet-ready
JSON
This quarter (JSON)
Metrics, dates and matched filings