Amazon.com Inc. (AMZN) Stock Falls on Q4 2025 Earnings

Amazon.com Inc. (AMZN) reported Q4 2025 results. Total revenue was $213.4 billion (+13.6% year-over-year), and diluted earnings per share were $1.95. Shares fell 8.77% since market close.

Key income statement highlights:

Total revenue: $213.4 billion (+13.6% year-over-year)

Cost of sales: $110.0 billion (+11.2% year-over-year)

Gross profit: $103.4 billion (+16.3% year-over-year)

Operating profit: $25.0 billion (+17.8% year-over-year)

Net income attributable to common shareholders: $21.2 billion (+5.9% year-over-year)

Cash flow and balance sheet highlights:

Cash from operating activities: $54.5 billion (+19.3% year-over-year)

Purchases of property, plant and equipment: $39.5 billion (+42.0% year-over-year)

Cash and cash equivalents: $86.8 billion (+10.2% year-over-year)

Total liabilities: $407.0 billion (+20.1% year-over-year)

Results versus expectations:

Revenue missed the estimate of $215.6 billion.

Diluted earnings per share of $1.95 fell short of the estimate of $2.01.

Note: This financials data is sourced from a third-party provider and has not been independently verified by Quiver.

Amazon.com Inc. Insider Trading Activity

Amazon.com Inc. insiders have traded $AMZN stock on the open market 47 times in the past 6 months. Of those trades, 0 have been purchases and 47 have been sales.

Here’s a breakdown of recent trading of $AMZN stock by insiders over the last 6 months:

DOUGLAS J HERRINGTON (CEO Worldwide Amazon Stores) has made 0 purchases and 18 sales selling 55,238 shares for an estimated $13,042,338.
DAVID ZAPOLSKY (Senior Vice President) has made 0 purchases and 9 sales selling 41,340 shares for an estimated $9,155,263.
ANDREW R JASSY (President and CEO) has made 0 purchases and 7 sales selling 39,744 shares for an estimated $8,714,211.
MATTHEW S GARMAN (CEO Amazon Web Services) has made 0 purchases and 7 sales selling 35,553 shares for an estimated $7,794,622.
BRIAN T OLSAVSKY (Senior Vice President and CFO) sold 17,750 shares for an estimated $3,953,635
JONATHAN RUBINSTEIN sold 8,173 shares for an estimated $2,043,495
SHELLEY REYNOLDS (Vice President) has made 0 purchases and 2 sales selling 2,715 shares for an estimated $601,754.
DANIEL P HUTTENLOCHER sold 1,237 shares for an estimated $280,316
KEITH BRIAN ALEXANDER sold 900 shares for an estimated $209,700

To track insider transactions, check out Quiver Quantitative's insider trading dashboard.

Amazon.com Inc. Hedge Fund Activity

We have seen 2,909 institutional investors add shares of Amazon.com Inc. stock to their portfolio, and 2,261 decrease their positions in their most recent quarter.

Here are some of the largest recent moves:

UBS AM, A DISTINCT BUSINESS UNIT OF UBS ASSET MANAGEMENT AMERICAS LLC added 60,576,391 shares (+77.7%) to their portfolio in Q3 2025, for an estimated $13,300,758,171
PRICE T ROWE ASSOCIATES INC /MD/ removed 15,198,274 shares (-9.6%) from their portfolio in Q3 2025, for an estimated $3,337,085,022
FMR LLC removed 15,193,151 shares (-4.4%) from their portfolio in Q3 2025, for an estimated $3,335,960,165
JPMORGAN CHASE & CO removed 10,138,990 shares (-5.3%) from their portfolio in Q3 2025, for an estimated $2,226,218,034
CAPITAL RESEARCH GLOBAL INVESTORS added 9,583,217 shares (+11.3%) to their portfolio in Q3 2025, for an estimated $2,104,186,956
BLACKROCK, INC. added 9,522,155 shares (+1.3%) to their portfolio in Q3 2025, for an estimated $2,090,779,573
GOLDMAN SACHS GROUP INC added 8,698,692 shares (+15.9%) to their portfolio in Q3 2025, for an estimated $1,909,971,802

To track hedge funds' stock portfolios, check out Quiver Quantitative's institutional holdings dashboard.

Amazon.com Inc. Congressional Stock Trading

Members of Congress have traded $AMZN stock 26 times in the past 6 months. Of those trades, 18 have been purchases and 8 have been sales.

Here’s a breakdown of recent trading of $AMZN stock by members of Congress over the last 6 months:

REPRESENTATIVE DAVID TAYLOR purchased up to $15,000 on 01/29.
REPRESENTATIVE NANCY PELOSI has traded it 2 times. They made 1 purchase worth up to $1,000,000 on 01/16 and 1 sale worth up to $5,000,000 on 12/24.
SENATOR MARKWAYNE MULLIN purchased up to $250,000 on 12/29.
REPRESENTATIVE GILBERT RAY CISNEROS, JR. has traded it 5 times. They made 3 purchases worth up to $80,000 on 11/18, 10/17 and 2 sales worth up to $30,000 on 12/24, 12/19.
SENATOR JOHN BOOZMAN purchased up to $15,000 on 11/13.
SENATOR KATIE BOYD BRITT sold up to $15,000 on 11/07.
REPRESENTATIVE MARJORIE TAYLOR GREENE has traded it 3 times. They made 3 purchases worth up to $45,000 on 10/24, 10/15, 10/09 and 0 sales.
REPRESENTATIVE JULIA LETLOW has traded it 2 times. They made 1 purchase worth up to $15,000 on 10/01 and 1 sale worth up to $15,000 on 10/22.
REPRESENTATIVE LISA C. MCCLAIN has traded it 3 times. They made 1 purchase worth up to $15,000 on 09/11 and 2 sales worth up to $30,000 on 10/14, 09/25.
REPRESENTATIVE VAL T. HOYLE has traded it 2 times. They made 1 purchase worth up to $15,000 on 09/10 and 1 sale worth up to $50,000 on 09/23.
REPRESENTATIVE CLEO FIELDS has traded it 5 times. They made 5 purchases worth up to $550,000 on 09/17, 09/10, 09/03, 08/15 and 0 sales.

To track congressional stock trading, check out Quiver Quantitative's congressional trading dashboard.

Amazon.com Inc. Analyst Ratings

Wall Street analysts have issued reports on $AMZN in the last several months. We have seen 25 firms issue buy ratings on the stock, and 0 firms issue sell ratings.

Here are some recent analyst ratings:

Citizens issued a "Market Outperform" rating on 02/02/2026
TD Cowen issued a "Buy" rating on 01/13/2026
Guggenheim issued a "Buy" rating on 12/10/2025
Oppenheimer issued a "Outperform" rating on 12/01/2025
Rosenblatt issued a "Buy" rating on 11/25/2025
Mizuho issued a "Outperform" rating on 11/04/2025
B of A Securities issued a "Buy" rating on 10/31/2025

To track analyst ratings and price targets for Amazon.com Inc., check out Quiver Quantitative's $AMZN forecast page.

Amazon.com Inc. Price Targets

Multiple analysts have issued price targets for $AMZN recently. We have seen 31 analysts offer price targets for $AMZN in the last 6 months, with a median target of $300.0.

Here are some recent targets:

Stephen Ju from UBS set a target price of $311.0 on 02/03/2026
Andrew Boone from Citizens set a target price of $315.0 on 02/02/2026
Joseph Feldman from Telsey Advisory Group set a target price of $300.0 on 01/30/2026
Scott Devitt from Wedbush set a target price of $340.0 on 01/29/2026
Jason Helfstein from Oppenheimer set a target price of $315.0 on 01/28/2026
Justin Patterson from Keybanc set a target price of $308.0 on 01/28/2026
Mark Kelley from Stifel set a target price of $300.0 on 01/27/2026