As of Q4'25, Amazon's gross margin stands at 48.5%, operating margin at 11.7%, and net profit margin at 9.9%. These latest figures reflect continued improvement in profitability metrics, with all three margins reaching some of their highest levels in the period covered. From Q1'23 to Q4'25, the chart shows a consistent upward trend across all margin types. Gross margin increased from 46.8% to 48.5%, while operating margin more than tripled from 3.7% to 11.7%, and net profit margin rose from 2.5% to 9.9%. The most notable acceleration occurred between 2023 and 2024, particularly in operating and net profit margins, indicating enhanced operational efficiency and stronger bottom-line performance. Margins remain robust and stable in the latter quarters, suggesting sustained profitability improvements for Amazon over the observed period.