Flagship explainer

How AMAZON COM INC makes its money

Start with a dollar of revenue and follow what the filing says remains.

revenueBranching filed flows with values and percentages directly labeled. Missing filing concepts are omitted rather than estimated.Revenue$716.9B · 100%Cost of revenue$356.4B · 50%Gross profit$360.5B · 50%Operating income$80.0B · 11%Income before tax$97.3B · 14%Income tax$19.1B · 3%Net income$77.7B · 11%As of 2025-12-31 · 1 SEC filing sourceBuy Like Buffett · buylikebuffett.com

Honest partial: the filing did not provide a normalized tag for Research and development, Selling, general and administrative; those components are omitted, not plugged.

Table alternative
Filed lineValue% of revenueSource
$716.9B100%
Cost of revenue$356.4B50%
$360.5B50%
$80.0B11%
Income before tax$97.3B14%
Income tax$19.1B3%
$77.7B11%
Source: · event Dec 31, 2025 · retrieved Jul 26, 2026 · annual-row source set
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