Amazon unveiled its financial results for the third quarter of 2025, showcasing a 12% rise in net sales, reaching $180.2 billion, alongside a net profit of $21.2 billion, which represents a 38.6% year-on-year surge. The company's flagship segment, Amazon Web Services (AWS), exhibited robust performance, with net sales climbing to $30.9 billion, marking a 20% increase from the previous year and the highest growth rate since 2022. This stellar performance propelled Amazon's stock price up by over 13% in after-hours trading.

Operating income for the quarter stood at $17.4 billion, on par with the same period in 2024. However, factoring out a $2.5 billion settlement fee and an anticipated $1.8 billion in severance payments, the adjusted operating income would have soared to $21.7 billion. Amazon is currently in the midst of an organizational reshuffle, which involves laying off 14,000 employees.

Furthermore, Amazon faced a hefty $1 billion fine and was ordered to refund $1.5 billion due to issues such as unauthorized enrollment of consumers in its Prime membership program.

As the fourth quarter heralds the peak retail season, Amazon reported an 11% year-on-year increase in global paid product sales during the third quarter. Over 1.3 million sellers leveraged generative artificial intelligence technology to publish product information. Additionally, Amazon plans to extend its third-party logistics offerings to platforms like SHEIN.

Cash capital expenditures for the third quarter amounted to $34.2 billion, bringing the year-to-date total to $89.9 billion, with the bulk of investments directed towards AWS. Looking ahead, Amazon projects cash capital expenditures for the entire year of 2025 to reach approximately $125 billion, with expectations of continued growth in 2026.