Amazon's full-year revenue in 2025 increased by 12% year-over-year, with capital expenditures expected to reach $200 billion this year.

2026-03-02 03:29:48

Tech News, February 6 — Amazon announced its financial results for Q4 2025 and the full year on February 5 in the United States. Last year, this tech giant achieved $716.9 billion in revenue, a 12% increase year-over-year; AWS contributed $128.7 billion, a 20% increase.

In Q4 2025, Amazon’s revenue was $213.4 billion, up 14% year-over-year (12% excluding currency effects); AWS revenue grew 24% year-over-year to $35.6 billion, marking the fastest growth in 13 quarters; the chip business grew by over three digits year-over-year.

Amazon President and CEO Andy Jassy said:

Given the strong demand for our existing products and services, as well as opportunities in cutting-edge fields like artificial intelligence, chips, robotics, and low Earth orbit satellites, we expect Amazon to invest about $200 billion in capital expenditures in 2026, aiming for strong long-term returns.

He further explained during the earnings call that this funding will mainly be allocated to the AWS division, with most of it directed toward AI workloads. The CEO mentioned that AWS’s order backlog for Q4 2025 was $244 billion, a 40% increase year-over-year and a 22% increase quarter-over-quarter.

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