Amazon disclosed its earnings for the third quarter of 2025 on Thursday, indicating a 13% increase in revenue during the period from June to September.
In the Amazon Web Services (AWS) division, sales surged by 20% compared to Q3 2024, reaching an notable $33 billion.
The retail giant’s domestic sales climbed by 11%, totaling $106.3 billion.Internationally, sales hit $40.9 billion, marking a growth of 14% (or a more modest increase of 10% when adjusted for foreign exchange rates).
Additionally, amazon’s advertising revenue experienced a significant boost of 24%, amounting to $17.7 billion.
Performance Overview
Wall Street analysts had projected earnings per share (EPS) at $1.56 with total revenues estimated at $177.8 billion based on consensus data from LSEG. However, Amazon surpassed these expectations with an adjusted EPS of $1.95 and total revenues reaching $180.2 billion.
The company reported that “Operating income was consistent at $17.4 billion in Q3 compared to the same quarter last year.” This figure includes two one-time expenses: a legal settlement costing approximately $2.5 billion related to the Federal Trade Commission and around $1.8 billion in anticipated severance costs due to planned job cuts; excluding these charges would have resulted in operating income of about $21.7 billion.
“We are witnessing robust momentum across all sectors within Amazon as artificial intelligence propels significant advancements,” stated CEO Andy Jassy in his letter to shareholders.“AWS is experiencing growth rates not seen since 2022, reaccelerating at an annual rate of 20.2%. Demand remains strong for AI solutions and core infrastructure services; we’ve also been proactive in expanding our capacity—adding over 3.8 gigawatts over the past year alone.” He further noted that innovations within their fulfillment network are yielding considerable benefits: “We are on track to deliver Prime orders faster than ever this year while expanding same-day delivery options for fresh groceries to over 2,300 communities by year-end and doubling access for rural areas.”