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AMZN Revenue by Segments

Revenue by Segments

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In Q4'25, Amazon's total revenue reached $182.5B USD, marking a significant year-end peak driven by robust growth across segments. The AWS segment led with $35.6B USD, followed by Online stores at $83.0B USD and Third-party seller services at $52.8B USD, while Physical stores contributed $5.9B USD and Advertising services hit $21.3B USD, underscoring the company's diversified revenue streams. From Q1'23 to Q4'25, Amazon's segment revenues exhibited a consistent upward trend, with total quarterly revenue growing from $127.2B USD to $182.5B USD, reflecting an overall compound annual growth rate exceeding 15%. AWS demonstrated the strongest expansion, rising from $21.4B USD to $35.6B USD with steady quarterly increases, while Advertising services surged from $9.5B USD to $21.3B USD, highlighting its high-growth potential; in contrast, Physical stores remained stable around $5B USD, and Other categories fluctuated minimally below $2B USD, indicating Online stores and Third-party services as core, scaling pillars despite seasonal Q4 spikes across all segments.