$AMZN | Amazon Q3’25 Earnings Highlights
🔹 Net Sales: $180.17B (Est. $177.82B) 🟢; +13% YoY
🔹 EPS: $1.95 (Est. $1.58) 🟢
🔹 AWS: $33.01B (Est. $32.4B) 🟢; +20% YoY - Growing at pace haven't seen since 2022
Q4 Guidance
🔹 Net Sales: $206.0B–$213.0B (Est. $208.45B) 🟢; implies +10% to +13% YoY; ~+190 bps FX tailwind
🔹 Operating Income: $21.0B–$26.0B (vs. $21.2B in Q4’24)
Segment
🔹 Online Stores Net Sales: $67.41B (Est. $66.93B) 🟢; UP +9.8% YoY
🔹 Physical Stores Net Sales: $5.58B (Est. $5.56B) 🟢; UP +6.7% YoY
🔹 3P Seller Services Net Sales: $42.49B (Est. $42.05B) 🟢; UP +12% YoY
🔹 Subscription Services Net Sales: $12.57B (Est. $12.49B) 🟢; UP +11% YoY
🔹 North America Net Sales: $106.27B (Est. $104.96B) 🟢; UP +11% YoY
🔹 International Net Sales: $40.90B (Est. $40.77B) 🟢; UP +14% YoY
Other Metrics
🔹 Operating Income: $17.42B (Est. $19.72B) 😕
🔹 Operating Margin: 9.7% (Est. 11.1%)😕
🔹 Fulfillment Expense: $27.68B (Est. $27.49B) 🔴; UP +12% YoY
🔹 Seller Unit Mix: 62% (Est. 60.7%) 🟢
🔹 Operating Income includes special charges: ~$2.5B (FTC settlement) and ~$1.8B (severance); ex-charges OI ≈ $21.7B
🔹 Net Income: $21.2B (vs. $15.3B YoY)
🔹 TTM Operating Cash Flow: $130.7B; UP +16% YoY
🔹 TTM Free Cash Flow: $14.8B (down YoY, driven by higher capex)
CEO Commentary
🔸 “We continue to see strong momentum across Amazon as AI drives meaningful improvements in every corner of our business.”
🔸 “AWS is re-accelerating to ~20% YoY with strong demand in AI and core infrastructure as we add capacity.”
What I resent is that a simple cup of tea keeps pace with coffee.
Hot water and a tea bag and I have to pay the same as pumpkin spice extra foam bullshit.
Bullshit.
I got a chicken bowl with red chimichurri on the side (extra $1) for $12.69 just last week through mobile order/pick up. I'm looking at the receipt. This was from a store in Los Angeles County. It's way more than enough food (2 meals if i pace myself).
May I ask what you're ordering for $19 that equates to only 1 meal?
Chicken Bowl
Brown Rice, Black Beans, Red Chimichurri ($1.00), Fresh Tomato Salsa, Roasted Chili-Corn Salsa (Extra), Tomatillo-Red Chili Salsa (Side), Sour Cream (Extra), Fajita Veggies, Cheese, Romaine Lettuce
Bag Total $11.65
Subtotal $11.65
Tax $1.04
Crew Tip $0.00
Total $12.69
If you look at the recent movements of Trump, he made a deal in every single country. He visited over the last about week. Australia, Cambodia, Malaysia, Japan, South Korea. All of these deals are partnered with rare earth companies in these countries, but bringing back their production partner with US companies. The one year that China is allowing us is only like 1/3 of the time that we actually need meaning that things are even more so obviously needing to ramp up at a crazy fast pace. Miners are out refiners are hot.
Wages will increase though. They may not keep pace with inflation, and a lot of working poor will get left behind.
But some working poor will benefit from inflation. The ones who get lucky/smart with their career. Being young is a huge part of benefiting from inflation. Young and in debt with career growth opportunities.
Older folks on fixed incomes and no debts get really screwed. If they own a home they can refinance or sell it though.