Free Cash Flow for Amazon (AMZN)
Free Cash Flow for Amazon (AMZN): headline value -$2.47B · YoY -76.6%. Annual and quarterly series, chart, and tables are below.
Headline figure above is from the reporting period ending (reported ). Chart and table below cover the full reported history back to .
AMZN
Currently viewingFree Cash FlowSwitch metric
Latest period
-$2.47B
YoY change
-76.6%
5Y CAGR
-21.6%
Peak year (2024)
$32.88B
Latest annual
$7.70B
Free Cash Flow history chart for Amazon (AMZN) from 1996 to 2025
Free Cash Flow history table for Amazon (AMZN) from 1996 to 2025
| Fiscal year | Period ended | Reported | Free Cash Flow | YoY |
|---|---|---|---|---|
| 2025 | $7.70B | -76.6% | ||
| 2024 | $32.88B | +2.1% | ||
| 2023 | $32.22B | -290.7% | ||
| 2022 | -$16.89B | +14.7% | ||
| 2021 | -$14.73B | -156.8% | ||
| 2020 | $25.92B | +19.7% | ||
| 2019 | $21.65B | +25.2% | ||
| 2018 | $17.30B | +169.8% | ||
| 2017 | $6.41B | -31.8% | ||
| 2016 | $9.40B | +41.3% | ||
| 2015 | $6.65B | +241.3% | ||
| 2014 | $1.95B | -4.0% | ||
| 2013 | $2.03B | +414.2% | ||
| 2012 | $395.00M | -81.1% | ||
| 2011 | $2.09B | -16.9% | ||
| 2010 | $2.52B | -13.8% | ||
| 2009 | $2.92B | +114.1% | ||
| 2008 | $1.36B | +15.5% | ||
| 2007 | $1.18B | +143.0% | ||
| 2006 | $486.00M | -8.1% | ||
| 2005 | $529.00M | +10.9% | ||
| 2004 | $477.00M | +37.5% | ||
| 2003 | $347.00M | +156.8% | ||
| 2002 | $135.13M | -179.4% | ||
| 2001 | -$170.10M | -35.9% | ||
| 2000 | -$265.20M | -29.8% | ||
| 1999 | -$377.93M | -14087.0% | ||
| 1998 | $2.70M | -139.1% | ||
| 1997 | -$6.92M | +106.8% | ||
| 1996 | -$3.35M | — |
Free Cash Flow 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
The 2025 reading of Amazon (AMZN) free cash flow is $7.70B – plunged 76.6% year-over-year.
Amazon free cash flow has contracted on net over the period, with a -21.6% compound annual growth rate over 2020–2025 (5 years).
Between 2024 and 2025, Amazon free cash flow plunged 76.6%, falling from $32.88B to $7.70B.
$32.88B stands as the all-time-high annual free cash flow, posted in 2024, against a low of -$16.89B during 2022.
Among 8 Consumer Cyclical peers, Amazon (AMZN) ranks 5th; the peer median for free cash flow is $8.37B.
Amazon Free Cash Flow by Year
Amazon Free Cash Flow 2025: $7.70B
Amazon free cash flow in 2025 was $7.70B, plunged 76.6% below 2024.
Amazon Free Cash Flow 2024: $32.88B
Amazon free cash flow in 2024 was $32.88B, edged up 2.1% from 2023. This figure represents the highest annual value in the available history.
Amazon Free Cash Flow 2023: $32.22B
Amazon free cash flow in 2023 was $32.22B, plunged 290.7% below 2022.
Amazon Free Cash Flow 2022: -$16.89B
Amazon free cash flow in 2022 was -$16.89B, grew 14.7% from 2021. This figure represents the lowest annual value in the available history.
Amazon Free Cash Flow 2021: -$14.73B
Amazon free cash flow in 2021 was -$14.73B.
See more financial history for Amazon (AMZN).
Sector peers — Free Cash Flow
Companies in the same sector as Amazon, ranked by their latest free cash flow.
| Company | Free Cash Flow | Sector |
|---|---|---|
| PDD Holdings Inc. (PDD) | $106.94B | Consumer Cyclical |
| Alibaba Group Holding Limited (BABA) | $78.16B | Consumer Cyclical |
| The Home Depot, Inc. (HD) | $12.65B | Consumer Cyclical |
| Booking Holdings Inc. (BKNG) | $9.09B | Consumer Cyclical |
| Lowe's Companies, Inc. (LOW) | $7.65B | Consumer Cyclical |
| McDonald's Corporation (MCD) | $7.19B | Consumer Cyclical |
| Tesla, Inc. (TSLA) | $6.22B | Consumer Cyclical |
| The TJX Companies, Inc. (TJX) | $4.86B | Consumer Cyclical |
Frequently asked questions
What is Amazon's free cash flow?
Latest reported free cash flow for Amazon (AMZN) is -$2.47B (period ending March 31, 2026).
How has Amazon free cash flow changed year-over-year?
Amazon (AMZN) free cash flow changed -76.6% year-over-year on the latest annual filing.
What is the long-term growth rate of Amazon free cash flow?
Amazon (AMZN) free cash flow compound annual growth rate is -21.6% over the most recent 5 years available.
When did Amazon free cash flow hit its highest annual value?
Amazon free cash flow reached its highest annual value of $32.88B in 2024.
What was Amazon free cash flow in 2024?
Amazon (AMZN) free cash flow in 2024 was $32.88B.
What was Amazon free cash flow in 2025?
Amazon (AMZN) free cash flow in 2025 was $7.70B.
Metrics overview
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