AMZN Q2 2025 Earnings — Income Statement Breakdown

For its Q2 2025 period (ending 2025-06-30), AMZN reported revenue of $167.7B, gross profit of $86.9B (51.8% gross margin), operating income of $19.2B, and net income of $18.2B (10.8% net margin). The flow of revenue into costs and profit is visualized below.

What changed

AMZN was profitable; revenue grew 13.3% year over year.

ComparisonRevenueNet incomeNet margin
Year over year+13.3%+34.7%+1.7 pp
Quarter over quarter+7.7%+6.1%−0.2 pp

Consensus estimate data is not available for this report.

AMZN Q2 2025 Income Statement

AMZN Q2 2025 income statement. Figures in USD.
Line itemAmount (USD)% of revenue
Revenue$167.7B100%
Cost of Revenue−$80.8B48.2%
Gross Profit$86.9B51.8%
Research & Development0.0%
Selling, General & Administrative−$14.4B8.6%
Other Operating Expenses−$53.3B31.8%
Operating Income$19.2B11.4%
Interest Expense−$516M0.3%
Other Income, net$2.2B1.3%
Income Tax Expense−$2.7B1.6%
Net Income$18.2B10.8%

Source: original SEC filing (filed 2025-07-31). Accession 0001018724-25-000084. Data normalized by EarningsFyi.