Filing Flows › Amazon.com (AMZN) › Q3 2026 › vs Q3 2025
Amazon.com (AMZN) Q3 2026 vs Q3 2025 (year over year)
Amazon.com's revenue rose $21.8B (+12%) from $180.2B in Q3 2025 to $201.9B in Q3 2026. The biggest changes: AWS +$13.0B (+39%); Third-party seller services +$4.0B (+9%); Advertising services +$1.9B (+11%). Operating margin 13.9% against 9.7% (+4.2 pts).
Amazon.com, Q3 2026: revenue $201.9B (+12% year over year), operating margin 13.9%, net earnings $20.7B, operating cash flow $42.4B. The chart draws each line against Q3 2025, the increases inside each band.
Margins
| Q3 2026 | Q3 2025 | Change | |
|---|---|---|---|
| Operating margin | 13.9% | 9.7% | +4.2 pts |
| Net margin | 10.2% | 11.8% | -1.5 pts |
Every line
| Line | Q3 2026 | Q3 2025 | Change | % |
|---|---|---|---|---|
| Online stores | $68.5B | $67.4B | $1.1B | +2% |
| Third-party seller services | $46.5B | $42.5B | $4.0B | +9% |
| AWS | $46.0B | $33.0B | $13.0B | +39% |
| Advertising services | $19.6B | $17.7B | $1.9B | +11% |
| Subscription services | $14.0B | $12.6B | $1.4B | +11% |
| Physical stores | $5.7B | $5.6B | $132M | +2% |
| Other | $1.6B | $1.4B | $230M | +16% |
| Revenue | $201.9B | $180.2B | $21.8B | +12% |
| Operating profit | $28.1B | $17.4B | $10.7B | +61% |
| Costs & expenses | $173.9B | $162.7B | $11.1B | +7% |
| Pre-tax earnings | $26.9B | $28.2B | −$1.3B | -5% |
| Other expense, net | $1.2B | −$10.7B | $12.0B | — |
| Cost of revenue | $94.6B | $88.7B | $5.9B | +7% |
| General & admin | $2.7B | $2.9B | −$174M | -6% |
| Other operating costs | $76.6B | $71.2B | $5.4B | +8% |
| Net earnings | $20.7B | $21.2B | −$502M | -2% |
| Income tax | $6.2B | $6.9B | −$730M | -11% |
| Depreciation & amortization | $20.9B | $16.8B | $4.2B | +25% |
| Share-based compensation | $5.4B | $4.8B | $559M | +12% |
| Working capital & other | $4.6B | $7.3B | −$2.7B | -37% |
| Operating cash flow | $42.4B | $35.5B | $6.9B | +19% |
| Capital expenditures | $77.3B | $35.1B | $42.2B | +120% |
| Negative free cash flow (OCF − capex) | $34.8B | −$430M | $35.3B | — |
Questions
How much did Amazon.com's revenue grow year over year in Q3 2026?
Amazon.com's revenue rose $21.8B (+12%) from $180.2B in Q3 2025 to $201.9B in Q3 2026.
What drove Amazon.com's revenue change in Q3 2026?
AWS +$13.0B (+39%); Third-party seller services +$4.0B (+9%); Advertising services +$1.9B (+11%).