earnings
confidence high
sentiment neutral
materiality 0.85
Amazon Q3 revenue $180.2B (+13% YoY); AWS grows 20%; net income $21.2B on $9.5B investment gain
AMAZON COM INC
2025-Q3 EPS reported
$5.22
revenue$503,538,000,000
- Net sales up 13% to $180.2B; North America $106.3B (+11%), International $40.9B (+14%), AWS $33.0B (+20%).
- Operating income flat at $17.4B; excluding $2.5B FTC settlement & $1.8B severance would have been $21.7B.
- Net income $21.2B ($1.95 diluted EPS) vs $15.3B ($1.43) prior year; includes $9.5B pre-tax gain from Anthropic.
- Free cash flow TTM $14.8B, down from $47.7B, driven by $50.9B increase in capex for property & equipment.
- AWS Trainium2 business grew 150% QoQ; added 3.8 GW power capacity; new partnerships with Delta, Volkswagen, etc.