Stocks·NASDAQ:AMZN
Amazon (AMZN)
I own it · as I said on Nov 2, 2026
My take
No average analyst target in this video.
Every video where I mention AMZN
- NVIDIA Stock: Why I Wouldn’t Buy All at Once Nov 2, 2026 · at 0:41
that only looks cheap. Quick disclosure, I own Nvidia shares and some Amazon…
- IonQ Stock: 113% Upside If Analysts Are Right? (IONQ) Nov 2, 2026 · at 1:41
reason revenue jumped. Its customers and partners include Amazon Web Services,…
- AAOI Stock at $69: The $160 Target Before Earnings Nov 1, 2026 · at 2:47
flow. Quick disclosure before the bull case, I own Amazon and Nvidia, and both…
- VOO Is 21% Nvidia, Apple and Microsoft. Is It Secretly an AI Bet? Oct 31, 2026 · at 1:23
AI. Here's how I grouped it: Nvidia, Microsoft, Amazon, both share classes of…
- Amazon & Google Stock: AI Bubble Beginning to Pop or Deal of the Year? Oct 31, 2026
Amazon stock fell almost 7% after hours on Thursday to $227,…
- Anthropic Just Filed for Its IPO—How Big Is the Opportunity? Oct 27, 2026 · at 5:38
explaining why demand forecasts matter. Take Amazon, Anthropic committed to at least $110…
- Anthropic IPO- Opportunity of the Year or AI Bubble? Sep 7, 2026 · at 3:25
announced up to five new gigawatts of capacity with Amazon. Five gigawatts of…
- MELI Stock- Is MercadoLibre Stock a Better Buy than Amazon Stock? Aug 4, 2021
ticker symbol m-e-l-i a better buy than amazon stock…
- AMZN Stock LAUNCHES into Blue-Skies Breakout Territory Jul 6, 2021
amazon stock or ticker symbol amzn is finally breaking out of a very…
- Alibaba Stock Analysis (BABA)- The Amazon of the East? May 4, 2020 · at 0:03
the best way that i can describe this company is the amazon of the east…
The last 12 months
- Oct 31, 2026VideoMy video: Amazon & Google Stock: AI Bubble Beginning to Pop or Deal of the Year?
- Oct 30, 202610-QQuarterly report
- Oct 29, 20268-KReleased quarterly results
- Sep 14, 20268-KOther news
- Sep 11, 2026424B5Prospectus for a sale off the shelf (new shares, an at-the-market program, or bonds)
- Sep 9, 20268-KExecutive or board change
- Sep 9, 2026424B5Prospectus for a sale off the shelf (new shares, an at-the-market program, or bonds)
- Aug 18, 2026424B3Prospectus (often lets existing holders resell shares)
- Aug 6, 2026SCHEDULE 13GAn investor reported a 5%+ stake
- Jul 31, 202610-QQuarterly report
- Jul 30, 20268-KReleased quarterly results
- Jul 9, 20268-KOther news
- Jul 8, 2026424B5Prospectus for a sale off the shelf (new shares, an at-the-market program, or bonds)
- Jul 7, 2026424B5Prospectus for a sale off the shelf (new shares, an at-the-market program, or bonds)
Spending more than it brings in, on purpose. Over the last 12 months its operations brought in $168B, but it spent $215B on buildings and equipment, so free cash flow was -$46.9B. That's a choice to invest, not a company running low on cash.
Show the numbers
| Revenue by year | |
|---|---|
| 2016 | $136B |
| 2017 | $178B |
| 2018 | $233B |
| 2019 | $281B |
| 2020 | $386B |
| 2021 | $470B |
| 2022 | $514B |
| 2023 | $575B |
| 2024 | $638B |
| 2025 | $717B |
Show the numbers
| Revenue by quarter | |
|---|---|
| Q4 23 | $170B |
| Q1 24 | $143B |
| Q2 24 | $148B |
| Q3 24 | $159B |
| Q4 24 | $188B |
| Q1 25 | $156B |
| Q2 25 | $168B |
| Q3 25 | $180B |
| Q4 25 | $213B |
| Q1 26 | $182B |
| Q2 26 | $201B |
| Q3 26 | $202B |
Show the numbers
| Operating income (loss) by year | |
|---|---|
| 2016 | $4.19B |
| 2017 | $4.11B |
| 2018 | $12.4B |
| 2019 | $14.5B |
| 2020 | $22.9B |
| 2021 | $24.9B |
| 2022 | $12.2B |
| 2023 | $36.9B |
| 2024 | $68.6B |
| 2025 | $80B |
Show the numbers
| Free cash flow by year | |
|---|---|
| 2016 | $10.5B |
| 2017 | $6.41B |
| 2018 | $17.3B |
| 2019 | $21.7B |
| 2020 | $25.9B |
| 2021 | -$14.7B |
| 2022 | -$16.9B |
| 2023 | $32.2B |
| 2024 | $32.9B |
| 2025 | $7.70B |
Cash and short-term investmentsDebt
Show the numbers
| Cash and short-term investments | Debt | |
|---|---|---|
| 2016 | $26B | $8.84B |
| 2017 | $31B | $24.9B |
| 2018 | $41.3B | $25B |
| 2019 | $55B | $24.8B |
| 2020 | $84.4B | $33.2B |
| 2021 | $96B | $50.6B |
| 2022 | $70B | $70.5B |
| 2023 | $86.8B | $67.2B |
| 2024 | $101B | $58B |
| 2025 | $123B | $68.8B |
From the 10-Q filed Oct 30, 2026. Source.
Stock-based pay to employeesSpent buying back shares
Show the numbers
| Stock-based pay to employees | Spent buying back shares | |
|---|---|---|
| 2020 | $9.21B | $0 |
| 2021 | $12.8B | $0 |
| 2022 | $19.6B | $6B |
| 2023 | $24B | $0 |
| 2024 | $22B | $0 |
| 2025 | $19.5B | $0 |
If buybacks are smaller than stock pay, the buyback isn't shrinking the share count; it's soaking up shares handed to employees.
Compare AMZN with other stocks →
From the company's own SEC filings via SEC EDGAR, latest period ended Sep 30, 2026. Numbers can be restated later. Not investment advice.
Dilution
Show the numbers
| Shares outstanding | |
|---|---|
| Jan 2023 | 10.2B |
| Apr 2023 | 10.3B |
| Jul 2023 | 10.3B |
| Oct 2023 | 10.3B |
| Jan 2024 | 10.4B |
| Apr 2024 | 10.4B |
| Jul 2024 | 10.5B |
| Oct 2024 | 10.5B |
| Jan 2025 | 10.6B |
| Apr 2025 | 10.6B |
| Jul 2025 | 10.7B |
| Oct 2025 | 10.7B |
| Jan 2026 | 10.7B |
| Apr 2026 | 10.8B |
| Jul 2026 | 10.8B |
| Oct 2026 | 10.8B |
The share count is up +1.1% in a year, so each share is a slightly smaller slice of the company. What dilution means.
Insider trades
Bought or sold on the open market
| Date | Who | What | Shares | Value | Filing |
|---|---|---|---|---|---|
| Nov 2, 2026 | Douglas J Herrington CEO Worldwide Amazon Stores | Sold on the market (planned) | 1K | $243K | Form 4 |
| Oct 1, 2026 | Douglas J Herrington CEO Worldwide Amazon Stores | Sold on the market (planned) | 1K | $252K | Form 4 |
| Sep 1, 2026 | Douglas J Herrington CEO Worldwide Amazon Stores | Sold on the market (planned) | 1K | $255K | Form 4 |
| Aug 24, 2026 | David Zapolsky Senior Vice President | Sold on the market (planned) | 9.3K | $2.40M | Form 4 |
| Aug 21, 2026 | Andrew R Jassy President and CEO, Director | Sold on the market (planned) 4 trades that day | 20K | $5.18M | Form 4 |
| Aug 21, 2026 | Matthew S Garman CEO Amazon Web Services | Sold on the market (planned) 4 trades that day | 14.5K | $3.77M | Form 4 |
| Aug 21, 2026 | Douglas J Herrington CEO Worldwide Amazon Stores | Sold on the market (planned) 3 trades that day | 6.4K | $1.65M | Form 4 |
| Aug 21, 2026 | David Zapolsky Senior Vice President | Sold on the market (planned) 4 trades that day | 6.2K | $1.60M | Form 4 |
| Aug 21, 2026 | Brian T Olsavsky Senior Vice President and CFO | Sold on the market (planned) | 6.2K | $1.61M | Form 4 |
| Aug 21, 2026 | Shelley Reynolds Vice President | Sold on the market (planned) 3 trades that day | 2.3K | $607K | Form 4 |
| Aug 17, 2026 | Douglas J Herrington CEO Worldwide Amazon Stores | Sold on the market (planned) 3 trades that day | 3.7K | $983K | Form 4 |
| Aug 3, 2026 | Douglas J Herrington CEO Worldwide Amazon Stores | Sold on the market (planned) | 1K | $278K | Form 4 |
| Aug 3, 2026 | Jeffrey P Bezos Executive Chair, Director | Sold on the market (planned) | 1.2M | $346M | Form 4 |
| Jul 1, 2026 | Douglas J Herrington CEO Worldwide Amazon Stores | Sold on the market (planned) | 1K | $240K | Form 4 |
| Jun 1, 2026 | Douglas J Herrington CEO Worldwide Amazon Stores | Sold on the market (planned) | 1K | $266K | Form 4 |
Everything else: grants, option exercises, tax withholding (48)
| Date | Who | What | Shares | Value | Filing |
|---|---|---|---|---|---|
| Aug 26, 2026 | Jeffrey P Bezos Executive Chair, Director | Gift | 231K | n/a | Form 4 |
| Aug 25, 2026 | Jeffrey P Bezos Executive Chair, Director | Gift | 185K | n/a | Form 4 |
| Aug 21, 2026 | Andrew R Jassy President and CEO, Director | Exercised options (planned) | 50K | n/a | Form 4 |
| Aug 21, 2026 | Matthew S Garman CEO Amazon Web Services | Exercised options (planned) 4 trades that day | 18.2K | n/a | Form 4 |
| Aug 21, 2026 | Douglas J Herrington CEO Worldwide Amazon Stores | Exercised options (planned) 3 trades that day | 15.9K | n/a | Form 4 |
| Aug 21, 2026 | David Zapolsky Senior Vice President | Exercised options (planned) 2 trades that day | 15.4K | n/a | Form 4 |
| Aug 21, 2026 | Brian T Olsavsky Senior Vice President and CFO | Exercised options (planned) 2 trades that day | 15.4K | n/a | Form 4 |
| Aug 21, 2026 | Shelley Reynolds Vice President | Exercised options (planned) 2 trades that day | 2.3K | n/a | Form 4 |
| Aug 15, 2026 | Douglas J Herrington CEO Worldwide Amazon Stores | Exercised options (planned) | 9.4K | n/a | Form 4 |
| Aug 6, 2026 | Douglas J Herrington CEO Worldwide Amazon Stores | Gift | 22K | n/a | Form 4 |
| May 21, 2026 | Andrew R Jassy President and CEO, Director | Exercised options (planned) | 50K | n/a | Form 4 |
| May 21, 2026 | Matthew S Garman CEO Amazon Web Services | Exercised options (planned) 4 trades that day | 18.2K | n/a | Form 4 |
| May 21, 2026 | Douglas J Herrington CEO Worldwide Amazon Stores | Exercised options (planned) 3 trades that day | 15.9K | n/a | Form 4 |
| May 21, 2026 | David Zapolsky Senior Vice President | Exercised options (planned) 2 trades that day | 15.5K | n/a | Form 4 |
| May 21, 2026 | Brian T Olsavsky Senior Vice President and CFO | Exercised options 2 trades that day | 15.5K | n/a | Form 4 |
| May 21, 2026 | Shelley Reynolds Vice President | Exercised options (planned) 2 trades that day | 2.4K | n/a | Form 4 |
| May 15, 2026 | Matthew S Garman CEO Amazon Web Services | Exercised options (planned) | 13.5K | n/a | Form 4 |
| May 15, 2026 | Douglas J Herrington CEO Worldwide Amazon Stores | Exercised options (planned) | 9.4K | n/a | Form 4 |
| May 15, 2026 | Andrew Y. Ng Director | Exercised options | 2K | n/a | Form 4 |
| May 15, 2026 | Indra K Nooyi Director | Exercised options | 1.6K | n/a | Form 4 |
| May 4, 2026 | Jeffrey P Bezos Executive Chair, Director | Gift | 220K | n/a | Form 4 |
| May 1, 2026 | Jeffrey P Bezos Executive Chair, Director | Gift | 1M | n/a | Form 4 |
| Feb 21, 2026 | Andrew R Jassy President and CEO, Director | Exercised options (planned) 2 trades that day | 49.7K | n/a | Form 4 |
| Feb 21, 2026 | Matthew S Garman CEO Amazon Web Services | Exercised options (planned) 3 trades that day | 20.9K | n/a | Form 4 |
| Feb 21, 2026 | David Zapolsky Senior Vice President | Exercised options (planned) 3 trades that day | 17.7K | n/a | Form 4 |
| Feb 21, 2026 | Brian T Olsavsky Senior Vice President and CFO | Exercised options 3 trades that day | 17.7K | n/a | Form 4 |
| Feb 21, 2026 | Douglas J Herrington CEO Worldwide Amazon Stores | Exercised options (planned) 3 trades that day | 17.1K | n/a | Form 4 |
| Feb 21, 2026 | Shelley Reynolds Vice President | Exercised options (planned) 3 trades that day | 2.7K | n/a | Form 4 |
| Feb 15, 2026 | Douglas J Herrington CEO Worldwide Amazon Stores | Exercised options (planned) | 12K | n/a | Form 4 |
| Feb 15, 2026 | Jamie S Gorelick Director | Exercised options | 2.7K | n/a | Form 4 |
| Feb 15, 2026 | Wendell P Weeks Director | Exercised options | 1.8K | n/a | Form 4 |
| Nov 21, 2025 | Andrew R Jassy President and CEO, Director | Exercised options (planned) 2 trades that day | 49.7K | n/a | Form 4 |
| Nov 21, 2025 | Matthew S Garman CEO Amazon Web Services | Exercised options (planned) 3 trades that day | 20.9K | n/a | Form 4 |
| Nov 21, 2025 | David Zapolsky Senior Vice President | Exercised options (planned) 3 trades that day | 17.8K | n/a | Form 4 |
| Nov 21, 2025 | Brian T Olsavsky Senior Vice President and CFO | Exercised options 3 trades that day | 17.8K | n/a | Form 4 |
| Nov 21, 2025 | Douglas J Herrington CEO Worldwide Amazon Stores | Exercised options (planned) 3 trades that day | 17.1K | n/a | Form 4 |
| Nov 21, 2025 | Shelley Reynolds Vice President | Exercised options (planned) 3 trades that day | 2.7K | n/a | Form 4 |
| Nov 15, 2025 | Douglas J Herrington CEO Worldwide Amazon Stores | Exercised options (planned) | 12K | n/a | Form 4 |
| Nov 15, 2025 | Patricia Q Stonesifer Director | Exercised options | 2.5K | n/a | Form 4 |
| Nov 15, 2025 | Jonathan Rubinstein Director | Exercised options | 2.5K | n/a | Form 4 |
An insider buying with their own money is a stronger signal than a sale: people sell for taxes, houses and diversification. "Planned" sales were scheduled months ahead under a 10b5-1 plan. Source: SEC Form 4.
Famous investors who own it
| Investor | Quarter | Shares | Value | Share of fund | Change |
|---|---|---|---|---|---|
| Philippe Laffont (Coatue Management) | Q2 26 | 11.8M | $2.82B | 5.8% | Added (+49%) |
| Chase Coleman (Tiger Global Management) | Q2 26 | 9.7M | $2.31B | 9.6% | Trimmed (-3%) |
| Bill Ackman (Pershing Square) | Q2 26 | 8.6M | $2.04B | 10.5% | Trimmed (-25%) |
| David Tepper (Appaloosa) | Q2 26 | 5M | $1.19B | 16% | Added (+16%) |
| Seth Klarman (Baupost Group) | Q2 26 | 3.7M | $892M | 16.5% | Added (+20%) |
| Brad Gerstner (Altimeter Capital Management) | Q2 26 | 2.4M | $578M | 5.9% | Added (+16%) |
| Ray Dalio (founder) (Bridgewater Associates) | Q2 26 | 2M | $483M | 2% | Trimmed (-54%) |
| Dan Loeb (Third Point) | Q2 26 | 1.8M | $417M | 9% | Trimmed (-10%) |
| Cathie Wood (ARK Investment Management) | Q2 26 | 1.6M | $379M | 2.5% | Added (+17%) |
| George Soros (Soros Fund Management) | Q2 26 | 1.2M | $282M | 3.7% | Trimmed (-39%) |
| Stanley Druckenmiller (Duquesne Family Office) | Q2 26 | 542K | $129M | 3% | Added (+1,083%) |
From each fund's latest 13F, filed up to 45 days after the quarter ends, so it's old news by design. 13Fs only show US stock owned on the last day of the quarter: no short sales, and "added" or "trimmed" compares two snapshots, not actual trades. See what these funds bought and sold.
Failed trades
Show the numbers
| Failed trades (fails to deliver) | |
|---|---|
| Jul 15 | 7 |
| Jul 16 | 6.2K |
| Jul 17 | 1.1K |
| Jul 20 | 806 |
| Jul 21 | 25 |
| Jul 22 | 7.5K |
| Jul 23 | 611 |
| Jul 24 | 15.8K |
| Jul 27 | 256 |
| Jul 29 | 18 |
| Jul 31 | 5.2K |
| Aug 3 | 136K |
| Aug 4 | 4K |
| Aug 6 | 17.2K |
| Aug 7 | 660 |
| Aug 10 | 87.6K |
| Aug 11 | 1K |
| Aug 14 | 1 |
| Aug 17 | 4.8K |
| Aug 19 | 100 |
| Aug 20 | 5K |
| Aug 24 | 100 |
| Aug 25 | 580 |
| Aug 31 | 86.6K |
| Sep 2 | 5.8K |
| Sep 3 | 112 |
| Sep 8 | 300 |
| Sep 14 | 193 |
| Sep 16 | 18.7K |
| Sep 17 | 140 |
| Sep 18 | 70 |
| Sep 21 | 2.5K |
| Sep 22 | 2.1K |
| Sep 28 | 491 |
| Oct 1 | 54.8K |
| Oct 2 | 1.2K |
| Oct 6 | 57 |
| Oct 8 | 19.2K |
| Oct 13 | 1.1K |
| Oct 14 | 224 |
From the SEC's fails-to-deliver data, which runs two to four weeks behind. A spike can mean heavy short selling or just back-office delays; it isn't proof of anything on its own. Short interest isn't shown: FINRA's terms don't allow republishing it.
Share offerings
Selling new shares dilutes current owners. A "shelf" is permission to sell later; a 424B5 usually means a sale is actually happening.
- Sep 11, 2026424B5Prospectus for a sale off the shelf (new shares, an at-the-market program, or bonds)
- Sep 9, 2026424B5Prospectus for a sale off the shelf (new shares, an at-the-market program, or bonds)
- Aug 18, 2026424B3Prospectus (often lets existing holders resell shares)
- Jul 8, 2026424B5Prospectus for a sale off the shelf (new shares, an at-the-market program, or bonds)
- Jul 7, 2026424B5Prospectus for a sale off the shelf (new shares, an at-the-market program, or bonds)
- Jun 10, 2026424B5Prospectus for a sale off the shelf (new shares, an at-the-market program, or bonds)
- Jun 8, 2026424B5Prospectus for a sale off the shelf (new shares, an at-the-market program, or bonds)
- Mar 13, 2026424B5Prospectus for a sale off the shelf (new shares, an at-the-market program, or bonds)
- Mar 12, 2026424B5Prospectus for a sale off the shelf (new shares, an at-the-market program, or bonds)
- Mar 11, 2026424B5Prospectus for a sale off the shelf (new shares, an at-the-market program, or bonds)
- Mar 10, 2026424B5Prospectus for a sale off the shelf (new shares, an at-the-market program, or bonds)
- Feb 6, 2026S-3ASRAutomatic shelf registration: can sell stock or debt later
What they told the SEC, in plain English
Every 8-K (the report a company files when something big happens) in the last two years. Red ones are worth a closer look: auditor changes, restatements, late reports, listing problems.
- Oct 29, 20268-KReleased quarterly results
- Sep 14, 20268-KOther news
- Sep 9, 20268-KExecutive or board change
- Aug 6, 2026SCHEDULE 13GAn investor reported a 5%+ stake
- Jul 30, 20268-KReleased quarterly results
- Jul 9, 20268-KOther news
- Jun 12, 20268-KOther news
- Jun 10, 20268-KSigned a major agreement; Took on new debt
- May 22, 20268-KShareholder vote results
- Apr 29, 2026SCHEDULE 13GAn investor reported a 5%+ stake
- Apr 29, 20268-KReleased quarterly results
- Apr 14, 20268-KShared information with investors
- Apr 9, 20268-KShared information with investors
- Mar 16, 20268-KOther news
- Mar 13, 20268-KOther news
- Feb 27, 20268-KSigned a major agreement; Shared information with investors; Other news
- Feb 10, 2026SCHEDULE 13GAn investor reported a 5%+ stake
- Feb 5, 20268-KReleased quarterly results
- Nov 20, 20258-KOther news
- Oct 30, 20258-KReleased quarterly results
- Jul 31, 20258-KReleased quarterly results
- May 22, 20258-KShareholder vote results
- May 1, 20258-KReleased quarterly results
- Apr 10, 20258-KShared information with investors
- Feb 6, 20258-KReleased quarterly results
What changed in the latest annual report
Comparing the risk factors in the 10-K filed Feb 6, 2026 with the one filed Feb 7, 2025: 0 new and 0 removed, out of 24.
Matched by each risk's headline, so a reworded risk can show up as new. This year's report · last year's.
Government contracts
$706M in federal contract money over the last 12 months, across 340 awards and changes.
From USAspending.gov. Amounts are money the government committed, which can be cut later.
Search inside Amazon's filings
Opens the SEC's own full-text search in a new tab, limited to AMZN. Every AMZN filing on EDGAR.