AMZN Revenue by Segments

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As of Q2'25, Amazon's largest revenue segment remains Online stores at USD 61.5B, followed by Third-party seller services at USD 40.3B and AWS at USD 30.9B. Subscription services, Advertising services, Physical stores, and Other segments contributed USD 12.2B, USD 15.7B, USD 5.6B, and USD 1.5B respectively in the latest quarter. From Q3'22 to Q2'25, the chart shows a consistent upward trend across most segments, with Online stores and Third-party seller services maintaining dominance in Amazon's revenue mix. AWS and Advertising services have also experienced steady growth, while Subscription services have shown moderate but consistent increases. Physical stores and Other segments remain relatively stable with minor fluctuations, indicating Amazon's core revenue drivers continue to be its e-commerce and cloud businesses over the observed period.