As of Q4'25, Amazon's operating income reached 24.98B USD, marking the highest level in the period covered. The year-over-year growth rate for this quarter was 17.8%, indicating continued expansion, though at a slower pace compared to previous periods. From Q1'23 to Q4'25, Amazon's operating income demonstrated a strong upward trend, rising from 4.77B USD to 24.98B USD. The most significant growth occurred between Q2'23 and Q4'23, with year-over-year increases peaking above 300%. However, after Q4'23, the growth rate moderated, with YoY percentages steadily declining, signaling a transition from rapid acceleration to more normalized, but still positive, growth.