Amazon.com, Inc.

AMZNNASDAQConsumer Cyclical● Active

$246.03

$-7.76(-3.06%)

Market Cap$2.65T

P/E Ratio—

52W High$278.56

52W Low$196

Avg Volume44.9M

Open$254.00

Beta1.44

Overview

Amazon.com, Inc. (AMZN) Free Cash Flow & Analysis

Annual & trailing free cash flow, FCF margin, YoY change, valuation ratios, and peer context.

AMZN · free cash flow · updated Jun 8, 2026

Core FCF metrics

AMZN · FCF · TTM · margin & CAGR

Free cash flow was $7.70B for FY2025 (fiscal year ending 2025-12-31), down 76.6% year-over-year The FCF margin was 1.1%. Five-year CAGR stands at -21.6%.

FY2025 Free Cash Flow$7.70B▼ -76.6% YoY

Trailing 12M (TTM)−$2.47BTrailing 4Q sum · TTM negative vs latest FY positive

FCF Margin1.1%$7.70B ÷ revenue

3-Year CAGRN/AN/A — contains negative FCF

5-Year CAGR-21.6%FY2020 → FY2025

FormulaFCF = Operating Cash Flow − Capital ExpendituresTTM = trailing 4 quarters sumCAGR → N/A if either endpoint ≤ 0

Source: FMP /cash-flow-statement · SEC 10-K / 10-Q · USDUpdated: Jun 8, 2026

Annual free cash flow history

FCF ($B, upper) · YoY Growth % (lower)

Positive FCFNegative FCF

Free Cash Flow

YoY Growth %

Annual free cash flow data

AMZN · free cash flow history · annual / quarterly

Fiscal YearOperating CFCapExFree Cash FlowYoY ChangeFCF Margin

FY2025Latest$139.51B(131.82B)$7.70B▼ 76.6%1.1%

FY2024$115.88B(83.00B)$32.88B▲ +2.1%5.2%

FY2023$84.95B(52.73B)$32.22B▲ +290.7%5.6%

FY2022$46.75B(63.65B)−$16.89B▼ 14.7%-3.3%

FY2021$46.33B(61.05B)−$14.73B▼ 156.8%-3.1%

FCF = Operating Cash Flow − Capital Expenditures · CapEx shown as (negative) · Source: SEC filings via FMP

FCF valuation metrics

AMZN · P/FCF · FCF yield · FCF per share

Amazon.com, Inc. (AMZN) valuation ratios are currently unavailable — market cap, share count, or TTM data could not be retrieved from our data provider.

FCF Yield (TTM)

N/A

Free Cash Flow ÷ Market Cap

per FMP freeCashFlowYieldTTM definition

FCF per Share (TTM)

N/A

TTM FCF ÷ Shares Outstanding

Price / FCF

N/A

Share Price ÷ FCF per Share

EV / FCF (TTM)

N/A

Enterprise Value basis

Valuation ratios are unavailable — market cap, share count, or TTM data could not be retrieved. Individual metrics are shown where available.

Source: FMP /key-metrics-ttm · /cash-flow-statement Q · /income-statementFY2025 · 2025-12-31

Cash flow statement summary

AMZN · cash flow statement · operating / investing / financing

For FY2025, Amazon.com, Inc. generated $139.51B in operating cash flow and spent 131.82B in capital expenditures, yielding $7.70B in free cash flow.

Operating Activities

+$139.51B

Cash from core business operations

2025-12-31

Investing Activities

−$142.54B

CapEx, acquisitions & investments

2025-12-31

Financing Activities

+$9.66B

Buybacks, dividends & debt

2025-12-31

FCF FormulaOperating CF ($139.51B) − |CapEx| (131.82B) = FCF ($7.70B)

For the complete Operating / Investing / Financing line-item breakdown:

View Full Cash Flow Statement →

Free cash flow vs peers (Consumer Cyclical)

AMZN vs peers · FCF

#CompanyFree Cash FlowYoYFCF MarginRelative

Amazon.com, Inc.YOU

AMZN

$7.70B-76.6%1.1%

Toyota Motor Corporation

McDonald's Corporation

Alibaba Group Holding Limited

BABA

−$50.72B-164.9%-5.0%

Loss

Consumer Cyclical · Sorted by FCF · FMP /cash-flow-statementFull FCF Rankings →

About Free Cash Flow & Methodology

Amazon.com, Inc. (AMZN) reported free cash flow of $7.70B for FY2025 (fiscal year ending 2025-12-31), down 76.6% year-over-year. The FCF margin was 1.1%.

Based on available data, Amazon.com, Inc. has maintained positive free cash flow for at least 13 fiscal year(s). FCF peaked at $32.88B in FY2024. The 5-year CAGR stands at -21.6%.

Data sourced from FMP /cash-flow-statement · SEC 10-K / 10-Q · USD.

Q&A and summaries align with SEC 10-K/10-Q cash flow disclosures and FMP /cash-flow-statement where noted.

Revenue Financial statements Net income Earnings Forecast Price history Market cap Cash on hand P/E ratio

Frequently asked questions

AMZN free cash flow · 8 questions

Amazon.com, Inc. free cash flow was $7.70B for FY2025, down 76.6% year-over-year. On a trailing twelve-month (TTM) basis, free cash flow stands at −$2.47B.

AMZN free cash flowAMZN FCFAMZN FCF 2025AMZN free cash flow TTM

▸ Source: FMP /cash-flow-statement · US GAAP · Amazon.com, Inc. · Amazon.com, Inc. SEC 10-K & 10-Q filings · US GAAP · Last updated: Jun 8, 2026