v3.26.1
Consolidated Statements of Operations - USD ($)
shares in Millions, $ in Millions
3 Months Ended
Mar. 31, 2026
Mar. 31, 2025
Net sales $ 181,519 $ 155,667
Operating expenses:    
Cost of sales 87,463 76,976
Fulfillment 27,289 24,593
Technology and infrastructure 29,567 22,994
Sales and marketing 10,314 9,763
General and administrative 2,587 2,628
Other operating expense (income), net 447 308
Total operating expenses 157,667 137,262
Operating income 23,852 18,405
Interest income 1,135 1,066
Interest expense (800) (541)
Other income (expense), net 15,647 2,749
Total non-operating income 15,982 3,274
Income before income taxes 39,834 21,679
Provision for income taxes (9,560) (4,553)
Equity-method investment activity, net of tax (19) 1
Net income $ 30,255 $ 17,127
Basic earnings per share (in usd per share) $ 2.82 $ 1.62
Diluted earnings per share (in usd per share) $ 2.78 $ 1.59
Weighted-average shares used in computation of earnings per share:    
Basic (in shares) 10,743 10,603
Diluted (in shares) 10,874 10,793
Net product sales    
Net sales $ 71,304 $ 63,970
Net service sales    
Net sales $ 110,215 $ 91,697