Amazon.com Inc. (AMZN) Q4 2025 (USD): EPS 1.95 (exp. 1.96), Revenue 213.4bln (exp. 211.42bln)
Importance
Level 1
- AWS net sales 35.60bln (exp. 34.88bln)
- AWS net sales ex-FX +24% (exp. 21%).
- North America net sales 127.08bln (exp. 127.21bln).
- Physical stores net sales 5.86bln (exp. 5.88bln).
- Operating income 25bln (exp. 24.8bln).
- Operating margin 11.7% (exp. 11.7%).
Outlook
- Guidance assumes no additional restructuring.
- Q1 operating income 16.5-21.5bln (exp. 22.2bln).
- Q1 sales 173.5-178.5bln (exp. 175.6bln).
- 2026 capex about 200bln (exp. 146.11bln).
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