Overview

* Amazon Q3 2025 net sales grow 13% yr/yr, beating analysts' expectations, driven by AWS and international segments

* Adjusted EPS for Q3 beats consensus, reflecting strong operational performance

* Company's operating income impacted by special charges, net income rises significantly

Outlook

* Amazon expects Q4 2025 net sales between $206.0 bln and $213.0 bln

* Company anticipates Q4 2025 operating income between $21.0 bln and $26.0 bln

* Amazon's ( AMZN ) guidance includes a favorable FX impact of 190 basis points

Result Drivers

* AWS GROWTH - AWS sales increased 20% yr/yr, driven by strong demand for AI and core infrastructure, according to CEO Andy Jassy

* INTERNATIONAL SALES - International segment sales rose 14% yr/yr, aided by favorable foreign exchange rates

* SPECIAL CHARGES - Operating income impacted by $2.5 bln legal settlement and $1.8 bln severance costs

Key Details

Metric Beat/Mis Actual Consensu

s s

Estimate

Q3 Net Beat $180.17 $177.75

Sales bln bln (53

Analysts

)

Q3 EPS Beat $1.95 $1.57

(49

Analysts

)

Analyst Coverage

* The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 71 "strong buy" or "buy", 1 "hold" and no "sell" or "strong sell"

* The average consensus recommendation for the department stores peer group is "buy"

* Wall Street's median 12-month price target for Amazon.com Inc ( AMZN ) is $265.00, about 13.1% above its October 29 closing price of $230.30

Press Release:

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(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)