Amazon Research and Development Expenses 2011-2025 | AMZN

Amazon annual/quarterly research and development expenses history and growth rate from 2011 to 2025. Research and development expenses can be defined as an expense arising from studies and product development processes.
  • Amazon research and development expenses for the quarter ending September 30, 2025 were $28.962B, a 30.2% increase year-over-year.
  • Amazon research and development expenses for the twelve months ending September 30, 2025 were $102.693B, a 18.02% increase year-over-year.
  • Amazon annual research and development expenses for 2024 were $88.544B, a 3.41% increase from 2023.
  • Amazon annual research and development expenses for 2023 were $85.622B, a 16.95% increase from 2022.
  • Amazon annual research and development expenses for 2022 were $73.213B, a 30.62% increase from 2021.
Amazon Annual Research and Development Expenses
(Millions of US $)
2024 $88,544
2023 $85,622
2022 $73,213
2021 $56,052
2020 $42,740
2019 $35,931
2018 $28,837
2017 $22,620
2016 $16,085
2015 $12,540
2014 $9,275
2013 $6,565
2012 $4,564
2011 $2,909
2010 $1,734
Amazon Quarterly Research and Development Expenses
(Millions of US $)
2025-09-30 $28,962
2025-06-30 $27,166
2025-03-31 $22,994
2024-12-31 $23,571
2024-09-30 $22,245
2024-06-30 $22,304
2024-03-31 $20,424
2023-12-31 $22,038
2023-09-30 $21,203
2023-06-30 $21,931
2023-03-31 $20,450
2022-12-31 $20,814
2022-09-30 $19,485
2022-06-30 $18,072
2022-03-31 $14,842
2021-12-31 $15,313
2021-09-30 $14,380
2021-06-30 $13,871
2021-03-31 $12,488
2020-12-31 $12,051
2020-09-30 $10,976
2020-06-30 $10,388
2020-03-31 $9,325
2019-12-31 $9,739
2019-09-30 $9,200
2019-06-30 $9,065
2019-03-31 $7,927
2018-12-31 $7,669
2018-09-30 $7,162
2018-06-30 $7,247
2018-03-31 $6,759
2017-12-31 $6,314
2017-09-30 $5,944
2017-06-30 $5,549
2017-03-31 $4,813
2016-12-31 $4,544
2016-09-30 $4,135
2016-06-30 $3,880
2016-03-31 $3,526
2015-12-31 $3,569
2015-09-30 $3,197
2015-06-30 $3,020
2015-03-31 $2,754
2014-12-31 $2,635
2014-09-30 $2,423
2014-06-30 $2,226
2014-03-31 $1,991
2013-12-31 $1,862
2013-09-30 $1,734
2013-06-30 $1,586
2013-03-31 $1,383
2012-12-31 $1,345
2012-09-30 $1,192
2012-06-30 $1,082
2012-03-31 $945
2011-12-31 $863
2011-09-30 $769
2011-06-30 $698
2011-03-31 $579
2010-12-31 $518
Sector Industry Market Cap Revenue
Retail/Wholesale Internet Commerce $2612.796B $637.959B
Amazon.com is one of the largest e-commerce providers, with sprawling operations spreading across the globe. Its online retail business revolves around the Prime program well-supported by the company's massive distribution network. Further, the Whole Foods Market acquisition helped Amazon establish footprint in physical grocery supermarket space. Amazon also enjoys dominant position in the cloud-computing market, particularly in the Infrastructure as a Service space, thanks to Amazon Web Services, which is one of its high-margin generating businesses. Amazon has also become a household name with its Alexa powered Echo devices. Artificial Intelligence backed Alexa is helping the company sell products and services. The company reports revenue under three broad heads'North America, International and AWS, respectively. Amazon targets three categories of customers - consumers, sellers and website developers.
Stock Name Country Market Cap PE Ratio
Alibaba (BABA) China $396.901B 20.39
Prosus (PROSY) Netherlands $368.954B 0.00
PDD Holdings (PDD) Ireland $189.026B 14.73
Booking Holdings (BKNG) United States $159.235B 22.33
MercadoLibre (MELI) Argentina $106.900B 51.45
Carvana (CVNA) United States $66.131B 69.40
Coupang (CPNG) United States $52.650B 169.88
JD (JD) China $45.540B 8.34
EBay (EBAY) United States $37.878B 19.35
Expedia (EXPE) United States $31.950B 21.05
LY (YAHOY) Japan $18.823B 13.34
Chewy (CHWY) United States $13.979B 93.61
Wayfair (W) United States $13.931B 0.00
Maplebear (CART) United States $9.681B 21.24
Auto Trader Group (ATDRY) United Kingdom $8.511B 0.00
StubHub Holdings (STUB) United States $7.150B 0.00
Global-e Online (GLBE) Israel $6.183B 0.00
Etsy (ETSY) United States $5.833B 24.93
Just Eat Takeaway (JTKWY) Netherlands $4.785B 0.00
Newegg Commerce (NEGG) United States $3.458B 0.00
CarGurus (CARG) United States $3.309B 18.84
Pattern Group (PTRN) $2.641B 0.00
OCADO GROUP (OCDDY) United Kingdom $2.180B 0.00
TripAdvisor (TRIP) United States $1.791B 18.81
Jumia Technologies (JMIA) Germany $1.334B 0.00
Akso Health Group (AHG) China $0.866B 0.00
Fiverr (FVRR) Israel $0.749B 15.95
D-MARKET Electronic Services & Trading (HEPS) Turkey $0.742B 0.00
Groupon (GRPN) United States $0.726B 0.00
Cars (CARS) United States $0.666B 8.01
Bed Bath & Beyond (BBBY) United States $0.481B 0.00
Dingdong (Cayman) (DDL) China $0.395B 7.95
Commerce (CMRC) United States $0.373B 0.00
Boohoo Group Plc (BHOOY) United Kingdom $0.294B 0.00
QVC Group (QVCGB) United States $0.202B 0.00
1stdibs (DIBS) United States $0.146B 0.00
PSQ Holdings (PSQH) United States $0.083B 0.00
Travelzoo (TZOO) United States $0.082B 11.72
Hour Loop (HOUR) United States $0.066B 62.33
QVC Group (QVCGA) United States $0.057B 0.00
PetMed Express (PETS) United States $0.054B 0.00
Oriental Culture Holding (OCG) Hong Kong, SAR China $0.046B 0.00
Token Cat - (TC) China $0.031B 0.00
Future FinTech Group (FTFT) Hong Kong, SAR China $0.028B 0.00
Solo Brands (SBDS) United States $0.023B 0.00
NextPlat (NXPL) United States $0.020B 0.00
Linkage Global (LGCB) Japan $0.017B 0.00
Hong Kong Pharma Digital Technology Holdings (HKPD) $0.013B 0.00
Yunji (YJ) China $0.008B 0.00
OLB (OLB) United States $0.008B 0.00
Treasure Global (TGL) United States $0.007B 0.00
Onfolio Holdings (ONFO) United States $0.006B 0.00
Jowell Global (JWEL) China $0.003B 0.00
WeBuy Global (WBUY) Singapore $0.003B 0.00
Jeffs' Brands (JFBR) Israel $0.002B 0.00
Globavend Holdings (GVH) Australia $0.000B 0.00
Almacenes Exito S.A (EXTOY) Colombia $0.000B 0.00