Amazon Research and Development Expenses 2012-2025 | AMZN

Amazon annual/quarterly research and development expenses history and growth rate from 2012 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 December 31, 2025 were $29.399B, a 24.73% increase year-over-year.
  • Amazon research and development expenses for the twelve months ending December 31, 2025 were $108.521B, a 22.56% increase year-over-year.
  • Amazon annual research and development expenses for 2025 were $108.521B, a 22.56% increase from 2024.
  • 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.
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Amazon Annual Research and Development Expenses
(Millions of US $)
2025 $108,521
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
Amazon Quarterly Research and Development Expenses
(Millions of US $)
2025-12-31 $29,399
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
Sector Industry Market Cap Revenue
Retail/Wholesale Internet Commerce $2563.599B $716.924B
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 $303.989B 26.53
PDD Holdings (PDD) Ireland $139.451B 10.66
Booking Holdings (BKNG) United States $137.351B 18.98
MercadoLibre (MELI) Argentina $89.935B 45.02
Carvana (CVNA) United States $73.600B 41.83
EBay (EBAY) United States $42.739B 21.83
JD (JD) China $41.443B 13.91
Coupang (CPNG) United States $36.125B 164.67
Prosus (PROSY) Netherlands $24.474B 0.00
LY (YAHOY) Japan $17.313B 13.24
Chewy (CHWY) United States $10.504B 46.69
Wayfair (W) United States $9.372B 0.00
Maplebear (CART) United States $9.291B 21.57
MONOTARO (MONOY) Japan $5.726B 25.95
Global-e Online (GLBE) Israel $5.131B 81.70
Etsy (ETSY) United States $5.071B 23.31
Just Eat Takeaway (JTKWY) Netherlands $4.503B 0.00
CarGurus (CARG) United States $3.251B 18.07
StubHub Holdings (STUB) United States $2.237B 0.00
OCADO GROUP (OCDDY) United Kingdom $2.117B 0.00
Pattern Group (PTRN) United States $1.929B 0.00
Newegg Commerce (NEGG) United States $1.387B 0.00
Akso Health Group (AHG) China $1.264B 0.00
TripAdvisor (TRIP) United States $1.253B 20.22
D-MARKET Electronic Services & Trading (HEPS) Turkey $0.968B 0.00
Jumia Technologies (JMIA) Germany $0.857B 0.00
Dingdong (Cayman) (DDL) China $0.626B 20.39
Cars (CARS) United States $0.572B 7.44
Groupon (GRPN) United States $0.483B 0.00
Boohoo Group Plc (BHOOY) United Kingdom $0.483B 0.00
ContextLogic (LOGC) United States $0.380B 0.00
Fiverr (FVRR) Israel $0.371B 6.10
Bed Bath & Beyond (BBBY) United States $0.325B 0.00
Commerce (CMRC) United States $0.216B 0.00
ContextLogic (LOGCD) United States $0.210B 0.00
1stdibs (DIBS) United States $0.200B 0.00
QVC Group (QVCGB) United States $0.081B 0.00
Travelzoo (TZOO) United States $0.068B 16.29
Hour Loop (HOUR) United States $0.066B 37.60
PetMed Express (PETS) United States $0.049B 0.00
PSQ Holdings (PSQH) United States $0.025B 0.00
Token Cat - (TC) China $0.017B 0.00
QVC Group (QVCGA) United States $0.017B 0.00
Linkage Global (LGCB) Japan $0.014B 0.00
NextPlat (NXPL) United States $0.013B 0.00
Future FinTech Group (FTFT) Hong Kong, SAR China $0.008B 0.00
Yunji (YJ) China $0.008B 0.00
Cellyan Biotechnology (HKPD) Hong Kong, SAR China $0.007B 0.00
Treasure Global (TGL) United States $0.006B 0.00
Jowell Global (JWEL) China $0.005B 0.00
OLB (OLB) United States $0.005B 0.00
Globavend Holdings (GVH) Australia $0.004B 0.00
Onfolio Holdings (ONFO) United States $0.004B 0.00
Jeffs' Brands (JFBR) Israel $0.002B 0.00
WeBuy Global (WBUY) Singapore $0.001B 0.00
Oriental Culture Holding (OCG) Hong Kong, SAR China $0.001B 0.00
Almacenes Exito S.A (EXTOY) Colombia $0.000B 0.00