2025 report · 9 min
How Amazon makes money
Amazon is the online store everyone knows. So why does most of its profit come from renting out computers?
Ticket 01 · The guess
How much of the profit is AWS?
Words to know
Sources and every number (1)
Sources
- Amazon.com, Inc. Form 10-K for the fiscal year ended December 31, 2025 · Amazon.com, Inc. (filed with the U.S. SEC), 2025
Every number
- $716.9B
sec.gov ·2025 · Total net sales, 2025 (income statement). - $80B
sec.gov ·2025 · Operating income, 2025 (income statement). - $45.6B
sec.gov ·2025 · AWS segment operating income, 2025 (segment information). - 18%
sec.gov ·2025 · AWS's share of Amazon's net sales, 2025 (MD&A, net sales mix).