AMZN Q1 2025 Earnings — Income Statement Breakdown
For its Q1 2025 period (ending 2025-03-31), AMZN reported revenue of $155.7B, gross profit of $78.7B (50.6% gross margin), operating income of $18.4B, and net income of $17.1B (11.0% net margin). The flow of revenue into costs and profit is visualized below.
What changed
AMZN was profitable; revenue grew 8.6% year over year.
| Comparison | Revenue | Net income | Net margin |
|---|---|---|---|
| Year over year | +8.6% | +64.2% | +3.7 pp |
| Quarter over quarter | −17.1% | −14.4% | +0.4 pp |
Consensus estimate data is not available for this report.
AMZN Q1 2025 Income Statement
| Line item | Amount (USD) | % of revenue |
|---|---|---|
| Revenue | $155.7B | 100% |
| Cost of Revenue | −$77.0B | 49.4% |
| Gross Profit | $78.7B | 50.6% |
| Research & Development | — | 0.0% |
| Selling, General & Administrative | −$12.4B | 8.0% |
| Other Operating Expenses | −$47.9B | 30.8% |
| Operating Income | $18.4B | 11.8% |
| Interest Expense | −$541M | 0.3% |
| Other Income, net | $3.8B | 2.5% |
| Income Tax Expense | −$4.6B | 2.9% |
| Net Income | $17.1B | 11.0% |
Source: original SEC filing (filed 2025-05-01). Accession 0001018724-25-000034. Data normalized by EarningsFyi.