AMZN Q1 2026 Earnings — Income Statement Breakdown
For its Q1 2026 period (ending 2026-03-31), AMZN reported revenue of $181.5B, gross profit of $94.1B (51.8% gross margin), operating income of $23.9B, and net income of $30.3B (16.7% net margin). The flow of revenue into costs and profit is visualized below.
What changed
AMZN was profitable; revenue fell 14.9% quarter over quarter.
| Comparison | Revenue | Net income | Net margin |
|---|---|---|---|
| Year over year | Not available | Not available | Not available |
| Quarter over quarter | −14.9% | +42.8% | +6.7 pp |
Consensus estimate data is not available for this report.
AMZN Q1 2026 Income Statement
| Line item | Amount (USD) | % of revenue |
|---|---|---|
| Revenue | $181.5B | 100% |
| Cost of Revenue | −$87.5B | 48.2% |
| Gross Profit | $94.1B | 51.8% |
| Research & Development | −$29.6B | 16.3% |
| Selling, General & Administrative | −$12.9B | 7.1% |
| Other Operating Expenses | −$27.7B | 15.3% |
| Operating Income | $23.9B | 13.1% |
| Interest Expense | −$800M | 0.4% |
| Other Income, net | $15.6B | 8.6% |
| Income Tax Expense | −$9.6B | 5.3% |
| Net Income | $30.3B | 16.7% |
Source: AMZN filings on SEC EDGAR (period ended 2026-03-31). Data normalized by EarningsFyi.