Amazon.com, Inc. (AMZN)
NASDAQ · Consumer Discretionary · analysed October 5, 2026
Founded in 1994, Amazon.com, Inc. is a global technology company specializing in e-commerce, cloud computing through Amazon Web Services (AWS), digital streaming, and online advertising. The company is currently prioritizing the integration of generative artificial intelligence across its platform, investing heavily in custom AI hardware, enterprise cloud solutions, and consumer-facing shopping assistants. Alongside its AI strategy, Amazon remains focused on optimizing its regional logistics and fulfillment network to enhance delivery speed while expanding its high-margin advertising business.
Executive summary
Amazon generated $716.92 billion in revenue in FY2025, maintaining clear market leadership across e-commerce and cloud infrastructure8,24. The business demonstrates solid operational momentum with double-digit projected top-line and earnings growth, though heavy capital spending on AI infrastructure has substantially compressed free cash flow8,11,15. Twin federal antitrust actions present ongoing regulatory friction, but high switching costs in AWS and deep logistics scale support a durable competitive advantage16,21,24.
Sources cited here, 6 of 35
- 8stockanalysis.com
- 11stock-analysis-on.net
- 15seekingalpha.com
- 16ftc.gov
- 21marketplacepulse.com
- 24channelinsider.com
Key figures
- Market cap
- $2.7T
- P/E, trailing
- 20.2
- P/E, next 12 months
- 26.5
- Revenue growth, last fiscal year
- 12.4%
- Net margin, last fiscal year
- 10.8%
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