v3.26.1
Consolidated Statements of Operations - USD ($)
shares in Millions, $ in Millions
3 Months Ended 6 Months Ended
Jun. 30, 2026
Jun. 30, 2025
Jun. 30, 2026
Jun. 30, 2025
Net sales $ 200,606 $ 167,702 $ 382,125 $ 323,369
Operating expenses:        
Cost of sales 95,778 80,809 183,241 157,785
Fulfillment 29,633 25,976 56,922 50,569
Technology and infrastructure 33,158 27,166 62,725 50,160
Sales and marketing 11,698 11,416 22,012 21,179
General and administrative 2,788 2,965 5,375 5,593
Other operating expense (income), net 90 199 537 507
Total operating expenses 173,145 148,531 330,812 285,793
Operating income 27,461 19,171 51,313 37,576
Interest income 1,295 1,085 2,430 2,151
Interest expense (1,314) (516) (2,114) (1,057)
Other income (expense), net 53,415 1,117 69,062 3,866
Total non-operating income 53,396 1,686 69,378 4,960
Income before income taxes 80,857 20,857 120,691 42,536
Provision for income taxes (18,199) (2,678) (27,759) (7,231)
Equity-method investment activity, net of tax (11) (15) (30) (14)
Net income $ 62,647 $ 18,164 $ 92,902 $ 35,291
Basic earnings per share (in usd per share) $ 5.82 $ 1.71 $ 8.64 $ 3.32
Diluted earnings per share (in usd per share) $ 5.75 $ 1.68 $ 8.53 $ 3.27
Weighted-average shares used in computation of earnings per share:        
Basic (in shares) 10,769 10,637 10,756 10,620
Diluted (in shares) 10,903 10,806 10,889 10,800
Net product sales        
Net sales $ 77,602 $ 68,246 $ 148,906 $ 132,216
Net service sales        
Net sales $ 123,004 $ 99,456 $ 233,219 $ 191,153