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AMZN

AMAZON COM INC

At today's price, AMAZON COM INC (AMZN) is priced for today's economics sustained for ~8.9 years. boothcheck doesn't publish a fair value or a price target; it shows what the price assumes, so you can judge whether that bar is too high. Built from SEC EDGAR filings.

Live priced in
today's economics sustained for ~8.9 years
Priced In
high

Key Takeaways

• Amazon's profit center has quietly stopped being retail: AWS produced 57% of FY2025 operating income on 18% of revenue at a 35.4% segment margin, and advertising, the fastest-growing line at 22.1%, reached $68.6B of near-pure-margin revenue. • The biggest specific risk is the capital bill: total property additions nearly tripled in two years, from $48.3B in 2023 to $142.4B in 2025 per the FY2025 10-K, and the March quarter's $44.2B of capex exceeded its $26.0B of operating cash flow, swinging

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Institutional ownership

5,854 institutional managers reported holding AMZN in 13F filings for the quarter ended 2026-03-31. Together they hold about 62% of the company; the top 10 hold 29%. 131 opened new positions that quarter. Held by Vanguard Group, BlackRock, State Street, among others. On the short side, 99.0M shares were sold short as of the 2026-06-15 count, about 0.9% of shares outstanding (2.3 days of typical volume to cover).

Quarterly 13F filings arrive up to 45 days after quarter end, so the picture is never current (filed through 2026-05-29). Nothing here is investment advice.

Capital returns

AMZN's share count grew 6.4% over the past five years even with $6.00B spent on repurchases. It pays no dividend.

Share counts are split-adjusted; repurchase totals are gross of share issuance. Nothing here is investment advice.

Insider activity

No open-market insider buys on file at AMZN over the trailing three years. Absence is a fact about the company, not a signal. 17 officers and directors are on file.

Code P open-market purchases from SEC Form 4 filings, non-derivative, excluding scheduled 10b5-1 plans. Nothing here is investment advice.

Earnings reactions

AMZN's recent reports: the day-one move, then what the following quarter actually did.

reportday onenext quarter
2023-08-05+8.9%-8.3%
2023-10-28+5.2%+18.9%
2024-02-03+10.7%+7.7%
2024-05-02-1.1%+7.0%

Day-one is the close-to-close move around the filing. Nothing here is investment advice.

Recent filings

AMZN's latest 8-K filings: 2026-07-09 (items 8.01, 9.01); 2026-06-12 (items 8.01, 9.01); 2026-06-10 (items 1.01, 2.03, 9.01); 2026-05-22 (items 5.07); 2026-04-29 (items 2.02, 9.01).

Item codes are the SEC's own classification of what each report discloses. Nothing here is investment advice.

Compare AMZN

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Last analyzed: July 11, 2026

For informational and research purposes only. Not investment advice. Not a recommendation to buy, sell, or hold any security. boothcheck is not a registered investment adviser. Past performance does not guarantee future results.