Capital Expenditures for Amazon (AMZN)
According to Amazon's latest reported financial statements, the company's current capital expenditures (TTM) is $151.00B USD. Capital expenditures (CapEx) are cash outlays for property, plant, and equipment and other long-lived productive assets — reported on the cash flow statement under investing activities. CapEx funds future capacity (factories, data centers, software, machinery), so rising spend can signal investment in growth, while heavy CapEx reduces free cash flow available to shareholders. We display CapEx as a positive amount (the absolute cash outflow); compare with revenue to gauge capital intensity and with total assets for the asset-base context.
Headline TTM above sums the four reported quarters through (reported ). Chart and table below cover the full reported history back to .

AMZN
Currently viewingCapital ExpendituresSwitch metric
Latest period
$151.00B
YoY change
+58.8%
5Y CAGR
+26.8%
Peak year (2025)
$131.82B
Cumulative capital expenditures
$504.76B
CapEx history chart for Amazon (AMZN) from 1996 to 2025
CapEx history table for Amazon (AMZN) from 1996 to 2025
| Fiscal year | Period ended | Reported | Capital Expenditures | YoY |
|---|---|---|---|---|
| 2025 | $131.82B | +58.8% | ||
| 2024 | $83.00B | +57.4% | ||
| 2023 | $52.73B | -17.2% | ||
| 2022 | $63.65B | +4.2% | ||
| 2021 | $61.05B | +52.1% | ||
| 2020 | $40.14B | +138.1% | ||
| 2019 | $16.86B | +25.6% | ||
| 2018 | $13.43B | +12.3% | ||
| 2017 | $11.96B | +53.2% | ||
| 2016 | $7.80B | +44.9% | ||
| 2015 | $5.39B | +10.1% | ||
| 2014 | $4.89B | +42.1% | ||
| 2013 | $3.44B | -9.0% | ||
| 2012 | $3.79B | +109.0% | ||
| 2011 | $1.81B | +85.0% | ||
| 2010 | $979.00M | +162.5% | ||
| 2009 | $373.00M | +12.0% | ||
| 2008 | $333.00M | +48.7% | ||
| 2007 | $224.00M | +3.7% | ||
| 2006 | $216.00M | +5.9% | ||
| 2005 | $204.00M | +129.2% | ||
| 2004 | $89.00M | +93.5% | ||
| 2003 | $46.00M | +17.5% | ||
| 2002 | $39.16M | -22.2% | ||
| 2001 | $50.32M | -62.7% | ||
| 2000 | $134.76M | -53.1% | ||
| 1999 | $287.06M | +913.1% | ||
| 1998 | $28.33M | +272.7% | ||
| 1997 | $7.60M | +469.5% | ||
| 1996 | $1.33M | — |
CapEx values are taken from Amazon's reported cash flow statements (10-Q quarterly and 10-K annual filings with the U.S. Securities and Exchange Commission). Each row shows the period end date and the date the filing was reported; YoY compares each figure to the same period one year earlier. Amounts are in USD as filed.
Analysis
In 2025, Amazon (AMZN) capital expenditures totalled $131.82B – surged 58.8% year-over-year.
Amazon capital expenditures compound annual growth for the 2020–2025 (5 years) window is +26.8%, sustaining 2 straight years of year-over-year growth.
The dataset's maximum capital expenditures sits at $131.82B (2025); the minimum reading of $1.33M dates to 1996.
Amazon (AMZN) sits 1st of 8 Consumer Cyclical peers we track on this metric, against a peer median of $2.79B.
Amazon Capital Expenditures by Year
Amazon Capital Expenditures 2025: $131.82B
Amazon capital expenditures in 2025 was $131.82B, surged 58.8% from 2024. This figure represents the highest annual value in the available history.
Amazon Capital Expenditures 2024: $83.00B
Amazon capital expenditures in 2024 was $83.00B, surged 57.4% from 2023.
Amazon Capital Expenditures 2023: $52.73B
Amazon capital expenditures in 2023 was $52.73B, declined 17.2% below 2022.
Amazon Capital Expenditures 2022: $63.65B
Amazon capital expenditures in 2022 was $63.65B, edged up 4.2% from 2021.
Amazon Capital Expenditures 2021: $61.05B
Amazon capital expenditures in 2021 was $61.05B.
See more financial history for Amazon (AMZN).
Sector peers — CapEx
Companies in the same sector as Amazon, ranked by their latest capital expenditures.
| Company | Capital Expenditures | Sector |
|---|---|---|
| Alibaba Group Holding Limited (BABA) | $86.66B | Consumer Cyclical |
| Tesla, Inc. (TSLA) | $8.53B | Consumer Cyclical |
| The Home Depot, Inc. (HD) | $3.68B | Consumer Cyclical |
| McDonald's Corporation (MCD) | $3.37B | Consumer Cyclical |
| Lowe's Companies, Inc. (LOW) | $2.21B | Consumer Cyclical |
| The TJX Companies, Inc. (TJX) | $1.96B | Consumer Cyclical |
| Booking Holdings Inc. (BKNG) | $322.00M | Consumer Cyclical |
| PDD Holdings Inc. (PDD) | $0 | Consumer Cyclical |
Frequently asked questions
What is Amazon's capital expenditures?
- Latest reported capital expenditures for Amazon (AMZN) is $151.00B (period ending March 31, 2026).
How has Amazon capital expenditures changed year-over-year?
- Amazon (AMZN) capital expenditures changed +58.8% year-over-year on the latest annual filing.
What is the long-term growth rate of Amazon capital expenditures?
- Amazon (AMZN) capital expenditures compound annual growth rate is +26.8% over the most recent 5 years available.
When did Amazon capital expenditures hit its highest annual value?
- Amazon capital expenditures reached its highest annual value of $131.82B in 2025.
What was Amazon capital expenditures in 2024?
- Amazon (AMZN) capital expenditures in 2024 was $83.00B.
What was Amazon capital expenditures in 2025?
- Amazon (AMZN) capital expenditures in 2025 was $131.82B.
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