As of Q4'25, Amazon's net income reached USD 21.19B, marking the highest quarterly figure in the period covered. The year-over-year growth rate for this quarter was 5.94%, indicating a modest increase compared to previous quarters. From Q1'23 to Q4'25, Amazon's net income demonstrated a strong upward trend, rising from USD 3.17B to USD 21.19B. The most significant acceleration occurred between Q4'23 and Q4'24, with net income nearly doubling and YoY growth peaking at 37.22% in Q4'23. However, after this surge, growth rates steadily declined, suggesting a normalization phase as the company maintained high absolute income levels but with slower incremental gains.