Amazon earns $77.67 billion in 2025, 31% more year-on-year

New York.- E-commerce giant Amazon announced this Thursday net profits of 77.67 billion dollars in 2025, 31% more year-on-year, but disappointed investors with its capital expenditure forecast for 2026.

The firm led by Andy Jassy recorded accumulated net sales of $716.924 billion, 12% higher than in 2024, with outstanding growth in its intelligent cloud business, Amazon Web Services (AWS). In the fourth and last quarter, the one most followed by Wall Street, Amazon had a profit of $21.192 billion, 6% more than in the same period of the previous year, and net sales of $213.386 billion, 14% more. However, the company disappointed investors by forecasting capital expenditures of $200 billion for 2026, a figure higher than analysts had expected.

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"With strong demand for our current offerings and key opportunities like artificial intelligence, chips, robotics, and low-orbit satellites, we anticipate investing about $200 billion in capital investments at Amazon in 2026," Jassy said in a statement.

Stocks fall 9% in after-hours trading

Following the disappointment announcement by investors, Amazon shares fall 9% in after-hours trading on Wall Street. The e-commerce giant published the results for the last quarter of 2025, which show a net profit of $77.67 billion. However, the increase in the spending forecast led investors to sell the company's securities after the close of the market, losing up to 9.07% of the shares. The value of the titles fell $20.20, to $202.49 per share. By the close of the New York Stock Exchange, the company's shares had already fallen by 4.42% before the accounts were released.

Key AWS Agreements in 2025

This news caused Amazon's shares to fall by up to 10% in electronic operations after the close of the stock market. Amazon's top executive also highlighted the performance of AWS, which grew 24% in the fourth quarter and generated net revenue of $35.579 billion. AWS reached agreements this year with companies like OpenAI, Visa, BlackRock, United Airlines or Perplexity, noted the company, which highlighted the "significant boost" of AWS's custom chips. You can also read: Amazon will use Nvidia technology in Artificial Intelligence chips So, he said that he expects his Trainium4 chip to start being available in 2027, and highlighted the performance of other semiconductors such as Trainium and Graviton, which have a combined annual revenue rate of more than $10 billion. By segments, in the total of 2025 the bulk of the revenue continued to be from the North American business (426.305 million, 10% more), followed by the international business (161.894 million, 13% more), and by AWS (128.725 million, 20% more).