AMZN Q3 2025 Earnings — Income Statement Breakdown
For its Q3 2025 period (ending 2025-09-30), AMZN reported revenue of $180.2B, gross profit of $91.5B (50.8% gross margin), operating income of $17.4B, and net income of $21.2B (11.8% net margin). The flow of revenue into costs and profit is visualized below.
What changed
AMZN was profitable; revenue grew 13.4% year over year, and EPS beat consensus by $0.37.
| Comparison | Revenue | Net income | Net margin |
|---|---|---|---|
| Year over year | +13.4% | +38.2% | Not available |
| Quarter over quarter | +7.4% | +16.6% | Not available |
EPS was $1.95 versus $1.58 expected.
AMZN Q3 2025 Income Statement
| Line item | Amount (USD) | % of revenue |
|---|---|---|
| Revenue | $180.2B | 100% |
| Cost of Revenue | −$88.7B | 49.2% |
| Gross Profit | $91.5B | 50.8% |
| Research & Development | — | 0.0% |
| Selling, General & Administrative | −$2.9B | 1.6% |
| Other Operating Expenses | −$71.2B | 39.5% |
| Operating Income | $17.4B | 9.7% |
| Other Income, net | $10.7B | 5.9% |
| Income Tax Expense | −$6.9B | 3.8% |
| Net Income | $21.2B | 11.8% |
Source: original SEC filing (filed 2025-10-30). Accession 0001018724-25-000121. Data normalized by EarningsFyi.