Amazon.com, Inc. (AMZN) quarterly cash flow statement — complete operating, investing & financing history
Amazon.com, Inc. (AMZN) cash flow statement — 30-year operating, investing & financing cash flows
| Metric | Q2'26 | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 | Q2'23 | Q1'23 | Q4'22 | Q3'22 | Q2'22 | Q1'22 | Q4'21 | Q3'21 |
|---|
| Cash from Operations | 45.39B | 26.03B | 54.46B | 35.52B | 32.52B | 17.02B | 45.64B | 25.97B | 25.28B | 18.99B | 42.47B | 21.22B | 16.48B | 4.79B | 29.17B | 11.4B | 8.96B | -2.79B | 22.09B | 7.31B |
| Operating CF Margin % | 22.62% | 14.34% | 25.52% | 19.72% | 19.39% | 10.93% | 24.3% | 16.35% | 17.08% | 13.25% | 24.99% | 14.83% | 12.26% | 3.76% | 19.55% | 8.97% | 7.39% | -2.4% | 16.07% | 6.6% |
| Operating CF Growth % | 39.59% | 52.99% | 19.33% | 36.79% | 28.61% | -10.4% | 7.47% | 22.41% | 53.44% | 296.6% | 45.56% | 86.05% | 83.78% | 271.61% | 32.09% | 55.94% | -29.49% | -166.22% | -27.42% | -38.88% |
| Net Income | 62.65B | 30.25B | 21.19B | 21.19B | 18.16B | 17.13B | 20B | 15.33B | 13.48B | 10.43B | 10.62B | 9.88B | 6.75B | 3.17B | 278M | 2.87B | -2.03B | -3.84B | 14.32B | 3.16B |
| Depreciation & Amortization | 19.99B | 18.95B | 19.47B | 16.8B | 15.23B | 14.26B | 15.63B | 13.44B | 12.04B | 11.68B | 13.82B | 12.13B | 11.59B | 11.12B | 12.69B | 10.2B | 9.59B | 8.98B | 9.8B | 8.95B |
| Stock-Based Compensation | 6.04B | 4.03B | 4.4B | 4.85B | 6.53B | 3.69B | 5B | 5.33B | 6.72B | 4.96B | 6.32B | 5.83B | 7.13B | 4.75B | 5.61B | 5.56B | 5.21B | 3.25B | 3.68B | 3.18B |
| Deferred Taxes | 17.69B | 12.8B | 822M | 10.13B | 11M | 507M | -1.61B | -1.32B | -785M | -938M | -1.46B | -1.2B | -2.74B | -472M | -3.37B | -825M | -1.96B | -2B | -3.62B | 909M |
| Other Non-Cash Items | -53.38B | -15.63B | -693M | -10.11B | -1.26B | -2.82B | -486M | -141M | -95M | 2.73B | -339M | -990M | 47M | 534M | 3.44B | -1.15B | 6.23B | 8.9B | -11.87B | 364M |
| Working Capital Changes | -7.6B | -24.37B | 9.27B | -7.32B | -6.16B | -15.75B | 7.1B | -6.67B | -6.08B | -9.88B | 13.51B | -4.44B | -6.29B | -14.32B | 10.53B | -5.25B | -8.08B | -18.08B | 9.77B | -9.24B |
| Change in Receivables | -8.2B | -5.75B | -5.48B | -1.98B | -1.13B | 1.25B | -4.02B | -701M | -2.21B | 3.68B | 2.02B | -3.58B | -2.04B | 4.72B | -8.79B | -4.79B | -6.8B | -1.52B | -6.56B | -4.89B |
| Change in Inventory | -1.82B | 1.62B | 3.1B | -827M | -4.05B | -1.22B | 934M | -1.51B | -3.08B | 1.78B | 2.64B | 808M | -2.37B | 371M | 3.18B | 732M | -3.89B | -2.61B | -1.92B | -7.06B |
| Change in Payables | 9.44B | -8.74B | 11.06B | 2.15B | 7.06B | -9.04B | 8.73B | -477M | 6B | -11.28B | 10.89B | 2.82B | 3.03B | -11.26B | 9.85B | -1.23B | 3.7B | -9.38B | 7.99B | 3.83B |
| Cash from Investing | -79.25B | -64.21B | -47.24B | -26.07B | -39.42B | -29.8B | -37.44B | -16.9B | -22.14B | -17.86B | -12.6B | -11.75B | -9.67B | -15.81B | -10.82B | -15.61B | -12.08B | 906M | -12.58B | -14.83B |
| Capital Expenditures | -54.21B | -44.2B | -39.52B | -35.09B | -32.18B | -25.02B | -27.83B | -22.62B | -17.62B | -14.93B | -14.59B | -12.48B | -11.46B | -14.21B | -16.59B | -16.38B | -15.72B | -14.95B | -18.93B | -15.75B |
| CapEx % of Revenue | 27.02% | 24.35% | 18.52% | 19.48% | 19.19% | 16.07% | 14.82% | 14.24% | 11.91% | 10.41% | 8.58% | 8.72% | 8.52% | 11.16% | 11.12% | 12.89% | 12.97% | 12.84% | 13.78% | 14.21% |
| Acquisitions | -24.36B | -15.41B | -1.4B | -786M | -1.7B | 48M | -2.54B | -622M | -571M | -3.35B | -381M | -1.63B | -316M | -3.51B | -831M | -885M | -259M | -6.34B | -381M | -654M |
| Investments | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Other Investing | 1.13B | 969M | 1.05B | 867M | 815M | 764M | 1.78B | 1.34B | 1.23B | 990M | 1.24B | 1.18B | 1.04B | 1.14B | 1.15B | 1.34B | 1.63B | 1.21B | 2.46B | 997M |
| Cash from Financing | 10.15B | 52.77B | 12.29B | -44M | -2.54B | -47M | -3.31B | -2.76B | -4.49B | -1.26B | -6.75B | -8.95B | -6.54B | 6.35B | 86M | 3.02B | 4.63B | 1.99B | -3.1B | -2.78B |
| Debt Issued (Net) | 10.21B | 52.77B | 12.73B | 38M | -2.54B | -47M | -3.56B | -2.68B | -4.49B | -1.26B | -6.75B | -8.88B | -6.54B | 6.35B | 86M | 3.02B | 7.96B | 4.66B | -3.1B | -2.78B |
| Equity Issued (Net) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -3.33B | -2.67B | 0 | 0 |
| Dividends Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Share Repurchases | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -3.33B | -2.67B | 0 | 0 |
| Other Financing | -59M | 0 | -437M | -82M | 0 | 0 | 247M | -78M | 0 | 0 | 0 | -64M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Net Change in Cash | -23.77B | 14.59B | 19.64B | 9.01B | -8.44B | -12.42B | 3.63B | 7B | -1.66B | -558M | 23.81B | 14M | 333M | -4.52B | 19.07B | -2.52B | 1.1B | 122M | 6.3B | -10.49B |
| Free Cash Flow | -8.82B | -18.17B | 14.94B | 430M | 332M | -8B | 17.8B | 3.35B | 7.66B | 4.06B | 27.88B | 8.74B | 5.02B | -9.42B | 12.58B | -4.97B | -6.76B | -17.74B | 3.15B | -8.44B |
| FCF Margin % | -4.4% | -10.01% | 7% | 0.24% | 0.2% | -5.14% | 9.48% | 2.11% | 5.18% | 2.84% | 16.4% | 6.11% | 3.74% | -7.4% | 8.43% | -3.91% | -5.58% | -15.24% | 2.29% | -7.61% |
| FCF Growth % | -2756.93% | -127.02% | -16.09% | -87.17% | -95.67% | -296.95% | -36.14% | -61.65% | 52.58% | 143.15% | 121.58% | 275.67% | 174.29% | 46.91% | 299.27% | 41.03% | -329.69% | -125.45% | -79.81% | -1036.18% |
| FCF per Share | -0.81 | -1.67 | 1.38 | 0.04 | 0.03 | -0.74 | 1.65 | 0.31 | 0.72 | 0.38 | 2.63 | 0.83 | 0.48 | -0.91 | 1.22 | -0.48 | -0.66 | -1.74 | 0.31 | -0.82 |
| FCF Conversion (FCF/Net Income) | 0.72x | 0.86x | 2.57x | 1.68x | 1.79x | 0.99x | 2.28x | 1.69x | 1.87x | 1.82x | 4.00x | 2.15x | 2.44x | 1.51x | 104.94x | 3.97x | -4.42x | 0.73x | 1.54x | 2.32x |
| Interest Paid | 736M | 452M | 563M | 377M | 647M | 362M | 771M | 384M | 802M | 407M | 907M | 591M | 1.07B | 542M | 768M | 431M | 499M | 444M | 518M | 445M |
| Taxes Paid | 2.65B | 1.32B | 1.52B | 1.14B | 4.76B | 877M | 4.15B | 2B | 5.7B | 458M | 4.2B | 2.63B | 3.73B | 619M | 1.7B | 742M | 3.15B | 453M | 334M | 750M |