Amazon.com Inc (AMZN)
Gross profit margin
| Dec 31, 2024 | Sep 30, 2024 | Jun 30, 2024 | Mar 31, 2024 | Dec 31, 2023 | Sep 30, 2023 | Jun 30, 2023 | Mar 31, 2023 | Dec 31, 2022 | Sep 30, 2022 | Jun 30, 2022 | Mar 31, 2022 | Dec 31, 2021 | Sep 30, 2021 | Jun 30, 2021 | Mar 31, 2021 | Dec 31, 2020 | Sep 30, 2020 | Jun 30, 2020 | Mar 31, 2020 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross profit (ttm) | US$ in thousands | 229,215,000 | 219,126,000 | 208,181,000 | 197,321,000 | 184,107,000 | 143,346,000 | 131,278,000 | 122,175,000 | 115,785,000 | 138,008,000 | 132,088,000 | 128,906,000 | 126,928,000 | 231,620,000 | 226,307,000 | 217,794,000 | 205,378,000 | 167,260,000 | 157,525,000 | 148,351,000 |
| Revenue (ttm) | US$ in thousands | 636,907,000 | 618,656,000 | 601,945,000 | 587,658,000 | 571,668,000 | 550,716,000 | 534,914,000 | 521,895,000 | 511,276,000 | 499,803,000 | 483,634,000 | 475,856,000 | 467,958,000 | 456,610,000 | 442,115,000 | 417,869,000 | 384,831,000 | 346,713,000 | 320,581,000 | 295,093,000 |
| Gross profit margin | 35.99% | 35.42% | 34.58% | 33.58% | 32.21% | 26.03% | 24.54% | 23.41% | 22.65% | 27.61% | 27.31% | 27.09% | 27.12% | 50.73% | 51.19% | 52.12% | 53.37% | 48.24% | 49.14% | 50.27% |
December 31, 2024 calculation
Gross profit margin = Gross profit (ttm) ÷ Revenue (ttm)
= $229,215,000K ÷ $636,907,000K
= 35.99%
The gross profit margin of Amazon.com Inc has fluctuated over the periods outlined. From March 31, 2020, to December 31, 2021, the gross profit margin remained relatively stable, with a range between 48.24% to 53.37%. A significant decrease was observed in the last quarter of 2021, dropping to 27.12%. This decline continued through the first half of 2022, with the gross profit margin ranging between 27.09% to 27.61%.
However, a recovery in the gross profit margin started in the second half of 2022, increasing to 35.99% by December 31, 2024. The upward trend continued into 2024, reaching its peak at 35.99%. Overall, despite the fluctuations, the trend in the latter part of the period indicates an improvement in Amazon's gross profit margin, suggesting enhanced efficiency in cost management or pricing strategies.
Peer comparison
Dec 31, 2024