AMZN Operating Expenses

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As of Q2'25, Amazon's latest operating expenses show R&D Expenses at USD 27.17B and SG&A Expenses at USD 14.38B, marking the highest levels recorded in the observed period. This represents a significant increase from the previous quarter, with R&D Expenses rising by nearly 4.97B and SG&A Expenses up by 1.98B. From Q3'22 to Q2'25, both R&D and SG&A expenses have exhibited a generally upward trend, with some fluctuations. R&D Expenses have grown steadily, especially accelerating in the most recent quarters, while SG&A Expenses, though more volatile, also show an overall increase. The notable surge in Q2'25 suggests heightened investment in both research and development as well as selling, general, and administrative activities, reflecting Amazon's ongoing commitment to innovation and operational expansion.