Feed / AMZN

Amazon.com, Inc.

AMZN

Consumer Cyclical · 256.80 +1.9% today

Isolated · not yet confirmedMarket checked 11 Sept, 15:55 GMT-4

Market read

Amazon.com, Inc.'s current read is isolated; its market group is not confirming.

No new filing conclusion is available. 0 of 4 group members are active now; 0 filing-linked outsiders are moving with the group, and 0 of 27 directly disclosed connections are confirming.

Company+1.9% todayVolume comparison unavailable
Market group0 of 4 activeInternet-Linked Growth · unavailable
Disclosed network0 of 8 confirmingNo filing-linked name is confirming now
What would change this read
  • AMZN's market-adjusted activity becomes unusual and at least one connected name confirms.

Invalidation: The isolated read changes if AMZN's group or a disclosed connection begins moving with it.

Watch this read

Research brief

The story so far

Consumer Cyclical · Internet Retail

No new filing conclusion is available. 0 of 4 group members are active now; 0 filing-linked outsiders are moving with the group, and 0 of 27 directly disclosed connections are confirming.

Evidence that supports

No thresholded supportive filing evidence is available yet.

Evidence that challenges

No thresholded adverse filing evidence is available yet.

What would clarify the read
  • AMZN's market-adjusted activity becomes unusual and at least one connected name confirms.

Company research

Understand the business, not just the ticker

As of Sep 12, 2026
Business model and earnings drivers

Use the company’s filings to identify the few operating, demand, cost, capital and regulatory variables that determine its earnings power.

Key research questions
  • Which operating variable is changing?
  • Is that change durable, cyclical or one-off?
  • What evidence would disprove the current interpretation?
Annual periods9
Price observations602
Usable filing statements92
Verified relationships10
Evidence supporting the case
  • Latest annual revenue changed +12.4% year over year.
  • Net margin changed +1.5 percentage points in the latest annual period.
  • Foreign exchange has repeated favorable evidence across 5 filings.
Evidence challenging the case

No qualifying adverse evidence was identified; that is not proof there is no downside.

Questions before a position

No credible peer-relative valuation comparison is available yet.

Longer-term price context

Price as of Sep 11, 2026

256.80
6m+22.6%12m+11.5%24m+49.8%
Annual trajectory

Reported annual revenue and per-share history. This is accounting history, not a forecast.

PeriodRevenueYoYDiluted EPSShare change
2021-12-31$469.8B+21.7%$3.24+1.0%
2022-12-31$514.0B+9.4%$-0.27-1.0%
2023-12-31$574.8B+11.8%$2.90+3.0%
2024-12-31$638.0B+11.0%$5.53+2.2%
2025-12-31$716.9B+12.4%$7.17+1.0%

What management says matters

Persistent and emerging business drivers

Foreign exchangepositive · 5 filings
For example, as a result of fluctuations in foreign exchange rates throughout the period compared to rates in effect the prior year, International segment net sales in Q2 2026 decreased by $82 million in comparison with Q2 2025.
10-Q · Jul 31, 2026
Capital investment and capacitymixed · 1 filings
Increases in operating income primarily result from increases in sales of products and services and efficiently managing our operating costs, partially offset by investments we make in longer-term strategic initiatives, including capital expenditures focused…
10-K · Feb 6, 2026
Data center and AI demandpositive · 1 filings
The shorter useful lives are due to the increased pace of technology development, particularly in the area of artificial intelligence and machine learning.
10-K · Feb 6, 2026
Demand and volumemixed · 1 filings
Fulfillment Fulfillment costs primarily consist of those costs incurred in operating and staffing our North America and International segments’ fulfillment centers, physical stores, and customer service centers, including facilities and equipment expenses, su…
10-K · Feb 6, 2026

Valuation discipline

Peer-relative valuation withheld

Jodie found no industry-matched filing peers suitable for a valuation comparison. It will not substitute broader financial-sector names.

Scenario scaffold

Mechanical 2.0-year scenarios are available as editable assumptions, not consensus.

Price action

How the market is pricing the story

256.80+1.9% today

Jodie does not have enough daily observations to draw a useful short-term chart for this asset. The latest quoted price was checked 11 Sept, 15:55 GMT-4; this is a coverage limitation, not a flat-price conclusion.

Developments

No sourced recent-development timeline yet

Jodie has not returned a relevant primary source or news item for AMZN. This is an evidence-coverage gap, not a conclusion that nothing material happened.

Business and financial condition

Reported financial figures are not available yet

Jodie has not returned structured SEC XBRL fundamentals for this asset. This is a coverage limitation, not an assessment of the business or its financial health.

Filing analysis

No comparable filing assessment is available yet

Jodie has not yet found a suitable current-versus-prior filing comparison for AMZN. This does not mean the latest filing was neutral or immaterial.

Business ecosystem

The relationships behind AMZN

Customers, suppliers, partners and competitors named in company filings—not inferred from headlines.

Depends on

RIVNRivian Automotive, Inc.investeeFeb 6, 2026

The net loss of $(2.3) billion in 2024 is primarily from the marketable securities loss from our equity investment in Rivian Automotive, Inc.

JTGEYFiling-linked namepartnerOct 31, 2025

On October 29, 2025, Amazon.com, Inc.

Depended on by

PTRN93.0% of PTRNcustomerMar 6, 2026

For the year ended December 31, 2025, we derived 93% of our revenue from consumer product sales on Amazon.

Filing peers

Companies whose filings use similar operating language.

Open the three relationships above to see Jodie’s filing proof. Pro unlocks 25 more links, every receipt, and alerts when connected names begin moving. Unlock the full network →

What is moving around it

Live connections

AMZN is currently a Leader in the organic co-movement group Internet-Linked Growth. This group is discovered from market behaviour rather than assigned from an industry taxonomy. 3 filing-linked names are in the relationship map; none is currently confirmed as moving with the group.

Context history

Theme membership history

No durable theme membership has been observed for this name yet.