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Consolidated Statements of Operations - USD ($)
shares in Millions, $ in Millions
3 Months Ended 6 Months Ended
Jun. 30, 2025
Jun. 30, 2024
Jun. 30, 2025
Jun. 30, 2024
Net sales $ 167,702 $ 147,977 $ 323,369 $ 291,290
Operating expenses:        
Cost of sales 80,809 73,785 157,785 146,418
Fulfillment 25,976 23,566 50,569 45,883
Technology and infrastructure 27,166 22,304 50,160 42,728
Sales and marketing 11,416 10,512 21,179 20,174
General and administrative 2,965 3,041 5,593 5,783
Other operating expense (income), net 199 97 507 325
Total operating expenses 148,531 133,305 285,793 261,311
Operating income 19,171 14,672 37,576 29,979
Interest income 1,085 1,180 2,151 2,173
Interest expense (516) (589) (1,057) (1,233)
Other income (expense), net 1,117 (18) 3,866 (2,691)
Total non-operating income (expense) 1,686 573 4,960 (1,751)
Income before income taxes 20,857 15,245 42,536 28,228
Provision for income taxes (2,678) (1,767) (7,231) (4,234)
Equity-method investment activity, net of tax (15) 7 (14) (78)
Net income $ 18,164 $ 13,485 $ 35,291 $ 23,916
Basic earnings per share (in usd per share) $ 1.71 $ 1.29 $ 3.32 $ 2.30
Diluted earnings per share (in usd per share) $ 1.68 $ 1.26 $ 3.27 $ 2.24
Weighted-average shares used in computation of earnings per share:        
Basic (in shares) 10,637 10,447 10,620 10,420
Diluted (in shares) 10,806 10,708 10,800 10,689
Net product sales        
Net sales $ 68,246 $ 61,569 $ 132,216 $ 122,484
Net service sales        
Net sales $ 99,456 $ 86,408 $ 191,153 $ 168,806