AMZN — Amazon.com, Inc.

Quarterly Earnings Performance

Calendar 2025

Quarter Period Report Date Revenue YoY Growth EPS (non-GAAP) Guidance (next qtr) Notes
Q1 2025 Jan–Mar 2025 2025-05-01 $155.7B +9% $1.59 $159B–$164B AWS +17% YoY; beat EPS est. $1.37
Q2 2025 Apr–Jun 2025 2025-08-07 $167.7B +13% $1.68 $181.5B–$186.5B AWS +17.5% YoY; operating income $19.2B
Q3 2025 Jul–Sep 2025 2025-10-30 $180.2B +13% $1.95 $196B–$202B AWS re-accelerated to +20% YoY
Q4 2025 Oct–Dec 2025 2026-02-05 $213.4B +14% $1.86 $194B–$199B AWS +24% YoY; operating income $25.0B
FY 2025 Full Year $716.9B +12% $7.17 AWS $128.7B (+20%); operating income $80.0B

Upcoming

Quarter Est. Report Date Est. Revenue Est. EPS Source
Q1 2026 2026-04-29 (reported) $181.5B $2.78 Company reported
Q2 2026 ~2026-07-30 $194B–$199B (est.) — (est.) Company Q1 2026 guidance

Commentary

Amazon delivered consistent double-digit revenue growth across all four quarters of 2025, with full-year net sales rising 12% to $716.9B and full-year EPS of $7.17 — a 30% increase from 2024's $5.53. AWS was a standout performer, accelerating from 17% growth in H1 to 24% in Q4 2025 as AI infrastructure spending intensified. Operating income expanded significantly to $80.0B for the year, and the company has maintained aggressive capital expenditure commitments exceeding $100B annually to support AI compute capacity. Q1 2026 came in ahead of expectations at $181.5B revenue with EPS of $2.78, well above the $1.64 consensus, signaling continued momentum into 2026.


Sources

  • Amazon Q1 2025 Earnings Release — IR
  • Amazon Q2 2025 Earnings Release — IR
  • Amazon Q3 2025 Earnings Release — IR
  • Amazon Q4 2025 Earnings Summary — About Amazon
  • Amazon Q1 2026 Earnings Release — IR

  • Generated: 2026-05-12