Filing Flows › Amazon.com (AMZN) › How it makes money
How Amazon.com (AMZN) makes money
Amazon.com (AMZN) made $201.9B of revenue in the third quarter 2026 (Q3 2026), +12% from a year earlier. Online stores brought in $68.5B (34%); Third-party seller services brought in $46.5B (23%); AWS brought in $46.0B (23%). Of every dollar of revenue, 14¢ was left as operating profit, 10¢ was left as net earnings.
Drawing the Sankey…
Revenue by segment, Q3 2026
| Segment | Revenue | Share | Q/Q | Y/Y |
|---|---|---|---|---|
| Online stores | $68.5B | 33.9% | -3% | +2% |
| Third-party seller services | $46.5B | 23.0% | -0.6% | +9% |
| AWS | $46.0B | 22.8% | +9% | +39% |
| Advertising services | $19.6B | 9.7% | -0.9% | +11% |
| Subscription services | $14.0B | 6.9% | +2% | +11% |
| Physical stores | $5.7B | 2.8% | -1% | +2% |
| Other | $1.6B | 0.8% | -10% | +16% |
Where each dollar of revenue goes
| Line | Q3 2026 | % of revenue |
|---|---|---|
| Revenue | $201.9B | 100.0% |
| Operating profit | $28.1B | 13.9% |
| Income tax | $6.2B | 3.1% |
| Net earnings | $20.7B | 10.2% |
| Operating cash flow | $42.4B | 21.0% |
Revenue, quarter by quarter
| Quarter | Revenue | Y/Y |
|---|---|---|
| Q3 2026 | $201.9B | +12% |
| Q2 2026 | $200.6B | +20% |
| Q1 2026 | $181.5B | +17% |
| Q4 2025 | $213.4B | +14% |
| Q3 2025 | $180.2B | +13% |
| Q2 2025 | $167.7B | +13% |
| Q1 2025 | $155.7B | +9% |
From Amazon.com's 10-Q filed Oct 30, 2026 (on EDGAR).
Questions
How does Amazon.com make money?
Amazon.com (AMZN) made $201.9B of revenue in the third quarter 2026 (Q3 2026), +12% from a year earlier. Online stores brought in $68.5B (34%); Third-party seller services brought in $46.5B (23%); AWS brought in $46.0B (23%). Of every dollar of revenue, 14¢ was left as operating profit, 10¢ was left as net earnings.
What is Amazon.com's biggest business?
Online stores: $68.5B in the third quarter 2026, 34% of revenue, +2% from a year earlier.
What is Amazon.com's profit margin?
Net earnings were $20.7B, 10.2% of revenue, in the third quarter 2026; the operating margin was 13.9%.
Updated Nov 8, 2026. Read automatically from SEC filings and public data; errors are possible. Not investment advice.