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They have an 11% operating margin. That is far from razor thin. Their biggest business is AWS. They have subscription income, and they sell digital downloads an
by graemep 9mo ago
They have an 11% operating margin. That is far from razor thin. Their biggest business is AWS. They have subscription income, and they sell digital downloads and streaming which are high margin.
https://s2.q4cdn.com/299287126/files/doc_financials/2025/ar/Amazon-2024-Annual-Report.pdf https://s2.q4cdn.com/299287126/files/doc_financials/2025/ar/...
- dangus 9mo agoYeah, nobody makes this “margins are too low” complaint about Costco, which makes the majority of its profit on memberships, the exact same business model as Amazon Prime. Amazon the logistics company is paid for by the $100+ per year that its customers just give to Amazon to get basically nothing in return.
- rvz 9mo agoAll thanks to previous layoffs since 2022 which they cut 27,000 jobs in 2022 to 2023 due to mass over-hiring. Compared to the other FAANG companies, these margins not only thin, but terrible and Amazon has the worst margins out of FAANG regardless of AWS or not.