Business
Amazon.com Announces Fourth Quarter Results
Amazon.com Announces Fourth Quarter Results
About this update from Amazon.com, Inc.
[{"type":"text","content":" SEATTLE--(BUSINESS WIRE)--\nAmazon.com, Inc. (NASDAQ: AMZN) today announced financial results for its fourth quarter ended December 31, 2025.\n\n\nFourth Quarter 2025\n\n\n\nNet sales increased 14% to $213.4 billion in the fourth quarter, compared with $187.8 billion in fourth quarter 2024. Excluding the $2.8 billion favorable impact from year-over-year changes in foreign exchange rates throughout the quarter, net sales increased 12% compared with fourth quarter 2024.\n\n\nNorth America segment sales increased 10% year-over-year to $127.1 billion.\n\n\n\nInternational segment sales increased 17% year-over-year to $50.7 billion, or increased 11% excluding changes in foreign exchange rates.\n\n\n\nAWS segment sales increased 24% year-over-year to $35.6 billion.\n\n\n\n\n\n\nOperating income increased to $25.0 billion in the fourth quarter, compared with $21.2 billion in fourth quarter 2024. Fourth quarter 2025 operating income includes three special charges—$1.1 billion for the resolution of tax disputes associated with our stores business in Italy, and the settlement of a lawsuit, $730 million in estimated severance costs, and $610 million in asset impairments primarily related to physical stores. Without these charges, operating income would have been $27.4 billion.\n\n\nNorth America segment operating income was $11.5 billion, compared with $9.3 billion in fourth quarter 2024.\n\n\n\nInternational segment operating income was $1.0 billion, compared with $1.3 billion in fourth quarter 2024.\n\n\n\nAWS segment operating income was $12.5 billion, compared with $10.6 billion in fourth quarter 2024.\n\n\n\n\n\n\nNet income increased to $21.2 billion in the fourth quarter, or $1.95 per diluted share, compared with $20.0 billion, or $1.86 per diluted share, in fourth quarter 2024.\n\n\n\nFull Year 2025\n\n\n\nNet sales increased 12% to $716.9 billion in 2025, compared with $638.0 billion in 2024. Excluding the $4.4 billion favorable impact from year-over-year changes in foreign exchange rates throughout the year, net sales increased 12% compared with 2024.\n\n\nNorth America segment sales increased 10% year-over-year to $426.3 billion.\n\n\n\nInternational segment sales increased 13% year-over-year to $161.9 billion, or increased 10% excluding changes in foreign exchange rates.\n\n\n\nAWS segment sales increased 20% year-over-year to...