AMZN Amazon com margins

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Relative Growth: Rel. Growth: 76
Relative Strength: Rel. Strength: 68
Relative Valuation: Rel. Valuation: 68
Relative Profitability: Rel. Profitability: 87
Gross margin
51.4%
Operating margin
13.1%
EBITDA margin
32.3%
Net margin
16.9%

Recent Amazon com shows a gross margin of 51.4%, an operating margin of 13.1%, an EBITDA margin of 32.3%, and a net margin of 16.9%. EBITDA margin led the improvement across the available margins, expanding by 9.6 percentage points.

AMZN margin history

Gross, operating, EBITDA and net margin trends

Over the last 3 years, Amazon com's margins averaged 49.32% gross, 10.44% operating, 22.15% EBITDA, and 10.45% net. All four current margins are above their three-year averages.

AMZN margin expansion

Year-over-year margin changes in percentage points

Year over year, gross, operating, EBITDA, and net margins all increased, with EBITDA margin showing the largest gain at 9.6 percentage points.

Gross margin expansion
1.4pp
Operating margin expansion
2.1pp
EBITDA margin expansion
9.6pp
Net margin expansion
5.8pp

AMZN Gross margin

Over the last 3 years, the average gross margin for Amazon com was 49.32%. The latest gross margin for Amazon com is 51.4%, 2.1 percentage points above its three-year average. Amazon com's gross margin ranged from a low of 47% in Dec 2023 to a high of 51.4% in Sep 2026.

AMZN Operating margin

The average operating margin for Amazon com was 10.44% during the last 3 years. Amazon com currently reports an operating margin of 13.1%, 2.7 percentage points above its three-year average. The operating margin for Amazon com moved between 6.4% in Dec 2023 and 13.1% in Sep 2026.

AMZN EBITDA margin

Amazon com's EBITDA margin averaged 22.15% during the last 3 years. Compared with its three-year average, Amazon com's current EBITDA margin is 32.3% and is 10.2 percentage points above its three-year average. Over the last 3 years, Amazon com's EBITDA margin peaked at 32.7% in Jun 2026 and reached a low of 15.6% in Dec 2023.

AMZN Net margin

Over the last 3 years, the average net margin for Amazon com was 10.45%. Amazon com's current net margin is 16.9% and is 6.5 percentage points above its three-year average. Amazon com's net margin ranged from a low of 5.3% in Dec 2023 to a high of 17.4% in Jun 2026.

AMZN margin group comparison

Margins compared with peer-group, industry and sector averages

Amazon com's gross margin of 51.4% is higher than the Consumer Cyclical sector and the industry average but lower than its peers average. Looking at the Consumer Cyclical sector average of 36.3%, Amazon com's gross margin is 42% higher.

AMZN margin peer comparison

Compare margins with selected peers

Frequently asked questions

What is Amazon com's gross margin?

As of Sep 30, 2026, AMZN has a gross margin of 51.4%.

What is Amazon com's operating margin?

As of Sep 30, 2026, AMZN has an operating margin of 13.1%.

What is Amazon com's EBITDA margin?

For the period ending Sep 30, 2026, AMZN recorded an EBITDA margin of 32.3%.

What is Amazon com's net margin?

For the period ending Sep 30, 2026, AMZN recorded a net margin of 16.9%.

What are the average margins of AMZN?

Amazon com's gross, operating, EBITDA, and net margins averaged 49.3% gross, 10.4% operating, 22.2% EBITDA, and 10.5% net over the last 3 years.

What are the highest historical margins of AMZN?

Looking back across 5 years, AMZN reached 51.4% gross in Sep 2026, 13.1% operating in Sep 2026, 32.7% EBITDA in Jun 2026, and 17.4% net in Jun 2026.

What are the lowest historical margins of AMZN?

In the last 5 years, the lowest margins reported by AMZN were 42% gross in Dec 2021, 2.4% operating in Dec 2022, 7.5% EBITDA in Dec 2022, and -0.5% net in Dec 2022.