![Collage featuring a Kuiper launch with fiery thrust against cloudy sky, a presenter on stage discussing KIRO, an AI concept-to-production tool, NASCAR drivers lineup with Prime sponsorship logo, DeepFleet in action showcasing an illuminated '12 FT' sign above yellow shelving units, and an Amazon delivery van on rural road with grazing bison.](https://assets.aboutamazon.com/dims4/default/dc5c622/2147483647/strip/true/crop/1688x1125+0+0/resize/300x200!/quality/90/?url=https%3A%2F%2Fassets.aboutamazon.com%2Fab%2Fbe%2F7910358c4a23802a9c9c809643fa%2Faa-aug2025-q2-report-hero-v1-2000x1125.jpg)

# Amazon.com announces second quarter results

Amazon.com, Inc. today announced financial results for its second quarter ended June 30, 2025.
 

- **Net sales** increased 13% to $167.7 billion in the second quarter, compared with $148.0 billion in second quarter 2024. Excluding the $1.5 billion favorable impact from year-over-year changes in foreign exchange rates throughout the quarter, net sales increased 12% compared with second quarter 2024.

- North America segment sales increased 11% year-over-year to $100.1 billion.
- International segment sales increased 16% year-over-year to $36.8 billion, or increased 11% excluding changes in foreign exchange rates.
- AWS segment sales increased 17.5% year-over-year to $30.9 billion.

- **Operating income** increased to $19.2 billion in the second quarter, compared with $14.7 billion in second quarter 2024.

- North America segment operating income was $7.5 billion, compared with $5.1 billion in second quarter 2024.
- International segment operating income was $1.5 billion, compared with $0.3 billion in second quarter 2024.
- AWS segment operating income was $10.2 billion, compared with $9.3 billion in second quarter 2024.

- **Net income** increased to $18.2 billion in the second quarter, or $1.68 per diluted share, compared with $13.5 billion, or $1.26 per diluted share, in second quarter 2024.

- **Operating cash flow** increased 12% to $121.1 billion for the trailing twelve months, compared with $108.0 billion for the trailing twelve months ended June 30, 2024.

- **Free cash flow** decreased to $18.2 billion for the trailing twelve months, compared with $53.0 billion for the trailing twelve months ended June 30, 2024.

“Our conviction that AI will change every customer experience is starting to play out as we’ve expanded Alexa+ to millions of customers, continue to see our shopping agent used by many millions of customers, launched AI models like DeepFleet that optimize productivity paths for our 1M+ robots, made it much easier for software developers to write code with Kiro (our new agentic IDE), launched Strands to make it easier to build AI agents, and released Bedrock AgentCore to enable agents to be operated securely and scalably,” said Andy Jassy, President and CEO, Amazon. “Our AI progress across the board continues to improve our customer experiences, speed of innovation, operational efficiency, and business growth, and I’m excited for what lies ahead.”

Some other highlights since the company’s last earnings announcement include that Amazon:

- Held its [biggest Prime Day event](https://www.aboutamazon.com/news/retail/prime-day-2025-recap) ever, with customers saving billions of dollars and independent sellers achieving record sales.
- Announced expansion of Same-Day and Next-Day Delivery to tens of millions of U.S. customers in [4,000+ smaller cities, towns, and rural communities](https://www.aboutamazon.com/news/transportation/rural-small-town-america-us-prime-same-next-day-delivery) by end of 2025.
- Expanded selection with brands like Away, Aveda, Marc Jacobs Fragrances, Milk Makeup, and Origins.
- Announced a Nike storefront on Amazon.com where U.S. customers will be able to shop a range of footwear, apparel, and accessories.
- Launched generative AI tools to enhance shopping experience, including [“Hear the highlights”](https://www.aboutamazon.com/news/retail/amazon-ai-shopping-features-hear-the-highlights) to turn product summaries and reviews into audio clips, and [“Enhance My Listing”](https://www.aboutamazon.com/news/innovation-at-amazon/amazon-generative-ai-seller-growth-shopping-experience) to keep listings current and compelling.
- Expanded [Alexa+](https://www.aboutamazon.com/news/devices/new-alexa-generative-artificial-intelligence) Early Access to millions of customers.
- Increased [Project Kuiper’s satellite internet fleet](https://www.aboutamazon.com/news/innovation-at-amazon/project-kuiper-satellite-rocket-launch-progress-updates) in low earth orbit with two successful launches.
- Announced [Prime Video’s NBA](https://www.aboutamazon.com/news/entertainment/prime-video-nba-wnba-streaming-deal) broadcast team, including Stan Van Gundy, Kevin Harlan, Dwyane Wade, Taylor Rooks, Blake Griffin, Dirk Nowitzki, Steve Nash, and Candace Parker.
- Drew approximately 2 million viewers per race and youngest audience among [NASCAR](https://www.aboutamazon.com/news/entertainment/nascar-cup-series-race-prime-video) broadcasters in more than a decade to Prime Video’s NASCAR Cup Series coverage.
- [Announced Denis Villeneuve](https://www.aboutamazon.com/news/entertainment/amazon-mgm-studios-james-bond-director-denis-villeneuve) as director of next James Bond film.
- Announced integration with Roku that gives advertisers access to largest authenticated Connected TV footprint in the U.S., reaching an estimated 80 million households.
- Innovated across [Amazon Nova](https://www.aboutamazon.com/news/aws/amazon-nova-foundation-models-guide), including:

- The most comprehensive suite of model customization capabilities.
- Launched Nova Act, which makes it much easier for customers to build agents that can take automated actions across websites.
- Expanded languages for Nova Sonic voice AI to include Spanish, French, Italian, and German.

- Signed new AWS agreements with PepsiCo, Airbnb, Peloton, London Stock Exchange, Nissan, GitLab Inc., SAP, Warner Bros. Discovery Sports, TwelveLabs, FICO, Iberia Airlines, SK Telecom, and NatWest Group.
- Announced “AI Zones” in the Kingdom of Saudi Arabia ([with HUMAIN](https://www.aboutamazon.com/news/company-news/amazon-aws-humain-ai-investment-in-saudi-arabia)) and Korea (with SK Group).
- Announced multi-billion dollar investments to expand cloud infrastructure and advance AI innovation in [North Carolina](https://www.aboutamazon.com/news/aws/aws-investment-north-carolina-ai-cloud-infrastructure), [Pennsylvania](https://www.aboutamazon.com/news/aws/amazon-pennsylvania-investment-cloud-infrastructure-ai-innovation), and [Australia](https://www.aboutamazon.com/news/aws/amazon-data-center-investment-in-australia).
- Announced [new AWS offerings](https://www.aboutamazon.com/news/aws/aws-summit-agentic-ai-innovations-2025), including:

- Kiro, an agentic integrated development environment that transforms software development through innovations like spec-driven development, intelligent agent hooks, and a purpose-built interface for developer workflows.
- Bedrock AgentCore for deploying and operating highly capable agents securely at enterprise scale.
- General availability of AWS Transform, an AWS agent that cuts mainframe modernization timelines from years to months, completes VMware network conversions up to 80x faster, and reduces operating costs for .NET applications by up to 40%.
- Strands Agents, an open source tool that enables developers to more easily build new agents, offering support for popular open source frameworks like A2A and MCP.
- AI agents and tools in AWS Marketplace, with listings from leading providers including Anthropic, Accenture, PwC, Salesforce, and IBM, so customers can easily discover and deploy agents.
- New foundation models in Amazon Bedrock, including Anthropic’s Claude 4 and TwelveLabs’ Marengo and Pegasus.
- General availability of Amazon EC2 instances powered by NVIDIA Grace Blackwell Superchips, AWS’s most powerful GPU-accelerated instance for training and deploying the largest, most sophisticated AI models.
- General availability of Oracle Database@AWS for seamless migration of Oracle Exadata and RAC workloads, zero-ETL integration with Amazon Redshift, and ability to build powerful ML and AI applications.
- Amazon S3 Vectors, which delivers vector storage for AI agents, AI inference, and semantic search, reducing the cost of uploading, storing, and querying vectors by up to 90%.

- [Introduced DeepFleet](https://www.aboutamazon.com/news/operations/amazon-million-robots-ai-foundation-model), an AI model that makes Amazon’s one million+ robots work smarter by coordinating movements to find optimal paths and reduce bottlenecks, improving robot travel efficiency by 10%.
- [Enhanced inventory management](https://www.aboutamazon.com/news/operations/amazon-ai-innovations-delivery-forecasting-robotics) with AI-powered demand forecasting, improving regional accuracy by 20%, and optimizing inventory placement and delivery speeds for millions of popular items.
- [Introduced Vulcan](https://www.aboutamazon.com/news/operations/amazon-vulcan-robot-pick-stow-touch), Amazon’s first robot to combine sight and touch to navigate cluttered spaces like humans do, making jobs safer and easier.
- Announced [700,000+ employees](https://www.aboutamazon.com/news/workplace/amazon-employees-upskilling-education-training) participated in upskilling programs to date.
- Launched [new robotics and engineering apprenticeships](https://www.aboutamazon.com/news/workplace/amazon-employees-upskilling-education-training) for U.S. employees.
- Announced 134,000+ employees in 55 countries participated in [Amazon’s Global Month of Volunteering](https://www.aboutamazon.com/news/community/amazon-global-month-of-volunteering), supporting 2,500+ organizations and communities.
- Announced [expansion of water recycling](https://www.aboutamazon.com/news/sustainability/amazon-water-conservation-replenishment-sustainability) to 120+ AWS U.S. data centers by 2030, expected to preserve over 530 million gallons of drinking water annually.
- [Supported communities](https://www.aboutamazon.com/news/community/central-texas-flood-amazon-disaster-relief) impacted by flooding in central Texas by donating 68,000+ relief items.

**Financial Guidance**
The following forward-looking statements reflect Amazon.com’s expectations as of July 31, 2025, and are subject to substantial uncertainty. Our results are inherently unpredictable and may be materially affected by many factors, such as fluctuations in foreign exchange rates, changes in global economic and geopolitical conditions, tariff and trade policies, and customer demand and spending (including the impact of recessionary fears), inflation, interest rates, regional labor market constraints, world events, the rate of growth of the internet, online commerce, cloud services, and new and emerging technologies, and the various factors detailed below.

Third Quarter 2025 Guidance

- Net sales are expected to be between $174.0 billion and $179.5 billion, or to grow between 10% and 13% compared with third quarter 2024. This guidance anticipates a favorable impact of approximately 130 basis points from foreign exchange rates.
- Operating income is expected to be between $15.5 billion and $20.5 billion, compared with $17.4 billion in third quarter 2024.
- This guidance assumes, among other things, that no additional business acquisitions, restructurings, or legal settlements are concluded.

**Conference Call Information**
A conference call will be webcast live today at 2:00 p.m. PT/5:00 p.m. ET, and will be available for at least three months at [amazon.com/ir](https://ir.aboutamazon.com/overview/default.aspx). This call will contain forward-looking statements and other material information regarding the Company’s financial and operating results.

**Forward-Looking Statements**
*These forward-looking statements are inherently difficult to predict. Actual results and outcomes could differ materially for a variety of reasons, including, in addition to the factors discussed above, the amount that Amazon.com invests in new business opportunities and the timing of those investments, the mix of products and services sold to customers, the mix of net sales derived from products as compared with services, the extent to which we owe income or other taxes, competition, management of growth, potential fluctuations in operating results, international growth and expansion, the outcomes of claims, litigation, government investigations, and other proceedings, fulfillment, sortation, delivery, and data center optimization, risks of inventory management, variability in demand, the degree to which the Company enters into, maintains, and develops commercial agreements, proposed and completed acquisitions and strategic transactions, payments risks, and risks of fulfillment throughput and productivity. Other risks and uncertainties include, among others, risks related to new products, services, and technologies, security incidents, system interruptions, government regulation and taxation, and fraud. In addition, global economic and geopolitical conditions and additional or unforeseen circumstances, developments, or events may give rise to or amplify many of these risks. More information about factors that potentially could affect Amazon.com’s financial results is included in Amazon.com’s filings with the Securities and Exchange Commission (“SEC”), including its most recent Annual Report on Form 10-K and subsequent filings.*

**Additional Information**
Our investor relations website is [amazon.com/ir](https://ir.aboutamazon.com/overview/default.aspx) and we encourage investors to use it as a way of easily finding information about us. We promptly make available on this website, free of charge, the reports that we file or furnish with the SEC, corporate governance information (including our Code of Business Conduct and Ethics), and select press releases, which may contain material information about us, and you may subscribe to be notified of new information posted to this site.

For more information, you can listen to the [earnings call replay](https://events.q4inc.com/attendee/845440162) and read the full [press release](https://ir.aboutamazon.com/news-release/news-release-details/2025/Amazon-com-Announces-Second-Quarter-Results/default.aspx) on our [investor relations site](https://cts.businesswire.com/ct/CT?id=smartlink&url=http%3A%2F%2Fwww.amazon.com%2Fir&esheet=53884885&newsitemid=20240118568335&lan=en-US&anchor=www.amazon.com%2Fir&index=1&md5=4c0e1e90922118b7c8ab82daebca275d).