Key Financial Data
- Overall revenue: $180.2 billion (+13%)
- Operating income: $17.4 billion (no change)
- North America sales: $106.3 billion (+11%)
- Advertising revenue: $17.7 billion (+22%)
Amazon posted stronger-than-expected financial results for its third quarter of 2025 on Thursday, buoyed by accelerating growth in its cloud computing and advertising segments, as well as rising adoption of its in-house artificial intelligence technology.
The company reported earnings per share of $1.95 on revenue of $180.2 billion, topping analyst forecasts of $1.58 per share and $177.8 billion in revenue, according to Yahoo Finance. Net income for the period reached $21.2 billion, compared to $15.3 billion a year ago, while operating income remained steady at $17.4 billion.
Amazon Web Services (AWS) — which has long been the company’s cash cow — reported $33.01 billion in sales, up 20 percent on a year-over basis and ahead of Wall Street expectations.
Amazon CEO Andy Jassy said demand for both AI and core infrastructure services remains “strong,” noting that the company has added more than 3.8 gigawatts of capacity over the past 12 months.
“We continue to see strong momentum and growth across Amazon as AI drives meaningful improvements in every corner of our business,” Jassy said.
Stock Price
Amazon’s Trainium2 AI chip business became a multibillion-dollar operation during the quarter, growing 150 percent sequentially. The company also launched its Project Rainier AI cluster powered by 500,000 Trainium2 chips. The results come as Amazon seeks to better compete with Microsoft and Google in cloud-based AI computing, with each firm leveraging partnerships with ChatGPT developer OpenAI and Perplexity’s Anthropic, respectively.
Advertising services continued to perform strongly, generating $17.7 billion in revenue, up 24 percent compared to Q3 2024. Subscription services, which include Prime memberships and digital content like video, music and e-books grew 11 percent to $12.6 billion.
Entertainment also contributed to the company’s results. Prime Video saw a 37 percent increase in monthly viewing hours in the U.S., driven by hit series “The Summer I Turned Pretty” and the fourth season of “Thursday Night Football,” which averaged 15.3 million viewers, up 16 percent compared to last season.
The company expanded its advertising partnerships to include Netflix, Spotify and SiriusXM and added new streaming add-ons such as Peacock and Fox One during the quarter, which also boosted its subscriptions business, Amazon said.
