Touchstone
Last syncOct 31, 2026, 6:54 PM ET

AMZN

Amazon Com Inc Consumer Discretionary Retail-Catalog & Mail-Order Houses S&P 500Nasdaq-100Dow 30Russell 3000
$240.35Close $2.6TMarket cap $198.79 – $284.0252-week range Late-januaryNext report · estimated

Highlights

Cautions

  • Not in an uptrend 4 of 8 trend conditions
  • Lagging the market RS 31 · weaker than 69% of stocks over 12 months
  • Earnings shrinking EPS −3% year on year

Price

Filing Results Screen pick 52-week high and low Adjusted prices

Key figures

FY to Dec 31, 2025 · filed Oct 30, 2026
Off 12-month high 15%
1wk down 3.1% price change
1mo down 3.5% price change
12-month return up 8% market up 11% · its own down 6%
F-score 5 / 9 Mixed
Altman Z″ 2.80 Low risk
P/E 33.2× price / earnings
PEG 1.11 P/E / EPS growth
P/B 6.3× price / book
Earnings yield up 3.1% EBIT / enterprise value
Cheaper than 33% of the market · expensive
Revenue growth up 12% year on year
EPS growth down 3% latest quarter · -245 pts
Sales growth up 12% latest quarter · -8 pts
ROE up 22% return on equity
Free cash margin up 1% $7.7B FCF
D/E 0.16 long-term debt / equity
Net debt / EBITDA -0.1× net cash
Interest cover —EBIT / interest
Piotroski tests
  • took on more long-term debt
  • short-term liquidity weakened
  • issued more shares
  • assets working less efficiently
  • profitable on its assets
  • generating cash from operations
  • profitability improving
  • profits backed by cash
  • gross margin widened

Repair signals

  • Gross margin 48.9% → 50.3%

Trade setup

ATR% 3.0% $7.26 a day · 2×ATR $225.84
RS 31 / 99 vs the universe
Trend 4 / 8 trend template
Relative volume 2.9× vs 50-day average
Up/down volume 0.74 50 sessions
Implied move — no scheduled report
Trend template · 4 of 8
  • Price above the 150 and 200-day averages: fails
  • 150-day average above the 200-day: passes
  • 200-day average rising for a month: passes
  • 50-day average above the 150 and 200-day: passes
  • Price above the 50-day average: fails
  • At least 30% above the 52-week low: fails
  • Within 25% of the 52-week high: passes
  • RS rank 70 or higher: fails

Screen verdict

Did not qualify for any screen.

Warning signs

none flagged
  • No restatement or impairment
  • Equity positive
  • Interest covered
  • No material dilution
  • Profits tracking cash
  • Margins and revenue not shrinking
Last reported Oct 29, 2026
Results reaction Oct 29, 2026-3% vs market2 sessions after results
Options $596.1M32.6% IV · activity

Financials

6 fiscal years · from filings
Revenue What customers paid the company over its fiscal year, before any cost, as filed in its annual report. The change is against the year before. Methodology $716.9B +12% on FY2024
$0 $1.0T FY20 FY21 FY22 FY23 FY24 FY25 FY2020 · $386.1B FY2021 · $469.8B FY2022 · $514.0B FY2023 · $574.8B FY2024 · $638.0B FY2025 · $716.9B
Net income Profit left after every cost, interest and tax for the year. A column below the line is a loss. Methodology $77.7B +31% on FY2024
$0 $100B FY20 FY21 FY22 FY23 FY24 FY25 FY2020 · $21.3B FY2021 · $33.4B FY2022 · -$2.7B FY2023 · $30.4B FY2024 · $59.2B FY2025 · $77.7B
Free cash flow Cash from running the business less what it spent on equipment and buildings: the cash a year actually left behind, which profit alone does not show. Not shown for banks and insurers, whose cash moves with their loans. Methodology $7.7B -77% on FY2024
-$20B $0 $50B FY20 FY21 FY22 FY23 FY24 FY25 FY2020 · $25.9B FY2021 · -$14.7B FY2022 · -$16.9B FY2023 · $32.2B FY2024 · $32.9B FY2025 · $7.7B
Margins Each as a share of revenue. Gross: left after the direct cost of what was sold. Net: left after every cost. Free cash: free cash flow over revenue. A margin rising over years means the business keeps more of each dollar it sells. Methodology
  • Gross 50%
  • Net 11%
  • Free cash 1%
0% 100% FY20 FY21 FY22 FY23 FY24 FY25 FY2020 · Gross 40% · Net 6% · Free cash 7% FY2021 · Gross 42% · Net 7% · Free cash -3% FY2022 · Gross 44% · Net -1% · Free cash -3% FY2023 · Gross 47% · Net 5% · Free cash 6% FY2024 · Gross 49% · Net 9% · Free cash 5% FY2025 · Gross 50% · Net 11% · Free cash 1%
Cash and long-term debt Cash on the balance sheet at the year's end beside debt due after a year. Net cash is cash less that debt; net debt is the shortfall. Debt some filers do not tag shows as a gap, not as zero. Methodology $21.2B net cash
  • Cash
  • Long-term debt
$0 $100B FY20 FY21 FY22 FY23 FY24 FY25 FY2020 · Cash $42.1B · Long-term debt $31.8B FY2021 · Cash $36.2B · Long-term debt $48.7B FY2022 · Cash $53.9B · Long-term debt $67.2B FY2023 · Cash $73.4B · Long-term debt $58.3B FY2024 · Cash $78.8B · Long-term debt $52.6B FY2025 · Cash $86.8B · Long-term debt $65.6B
Shares outstanding Shares in issue at the year's end. A rising count means each share owns a smaller slice of the company (stock pay, share sales); a falling one, buybacks. The chart's scale is fitted to the count, so a small change looks large: read the percentage. Methodology 10.73bn +6.7% since FY2020
10.73bn 10.06bn FY20 FY21 FY22 FY23 FY24 FY25 FY2020 · 10.06bn FY2021 · 10.18bn FY2022 · 10.24bn FY2023 · 10.38bn FY2024 · 10.59bn FY2025 · 10.73bn
  FY2020Dec 31, 2020 FY2021Dec 31, 2021 FY2022Dec 31, 2022 FY2023Dec 31, 2023 FY2024Dec 31, 2024 FY2025Dec 31, 2025
Revenue $386.1B $469.8B $514.0B $574.8B $638.0B $716.9B
Gross margin 40% 42% 44% 47% 49% 50%
Operating income $22.9B $24.9B $12.2B $36.9B $68.6B $80.0B
Net income $21.3B $33.4B -$2.7B $30.4B $59.2B $77.7B
Net margin 6% 7% -1% 5% 9% 11%
Earnings per share $2.09 $3.24 -$0.27 $2.90 $5.53 $7.17
Free cash flow $25.9B -$14.7B -$16.9B $32.2B $32.9B $7.7B
Free cash margin 7% -3% -3% 6% 5% 1%
Cash $42.1B $36.2B $53.9B $73.4B $78.8B $86.8B
Long-term debt $31.8B $48.7B $67.2B $58.3B $52.6B $65.6B
Shareholders' equity $93.4B $138.2B $146.0B $201.9B $286.0B $411.1B
Shares outstanding 10.06bn 10.18bn 10.24bn 10.38bn 10.59bn 10.73bn

What options price now

Expected 1-month range The at-the-money straddle for the expiry nearest a month out, as a share of the price: the move, either way, the option market is pricing by then. The range is the price plus and minus that move; the stock ends inside it a little more often than not. Methodology
$224 – $258 ±7.1% by Nov 27, 2026
Swings expected vs recent The daily swings the options are priced for (implied volatility) against the swings the stock actually had over the last 20 sessions (realised volatility). Bigger means options charge for more movement than the stock has been delivering; smaller, less. On a contract row, that contract's own implied volatility over the stock's realised. Methodology
About the same 32.6% priced · 36.2% recent
Next month vs later At-the-money implied volatility for 8-45 day expiries over 46-90 day ones: whether options price the coming month as choppier or calmer than the two after it. Ahead of a report it usually reads choppier, and the extra comes out once the report is out. Methodology
Choppier
Crash protection What options that pay off in a fall cost against options that pay off in a rise (the 25-delta skew), compared with this company's own normal - the median of its stored nightly readings, once there are 20 - and with five sessions ago. Protection costs a little more than upside on most shares. More than usual means readers of the chain are paying up to insure against a drop; it does not say which way the stock will go. Methodology
past week: no change
Positioning
Premium traded
$596.1M calls $401.2M · puts $194.9M · latest session
Puts against calls, by premium Money spent on puts divided by money spent on calls. Measured in dollars rather than contracts on purpose: counting contracts treats a hundred cheap lottery tickets as more meaningful than one large position, which is backwards. Methodology
0.49× -0.17 over the week
Open interest added The change over five sessions in option positions left open overnight, calls and puts. A rise means positions were added. It cannot say whether they were bought or sold, so more calls is not a vote for a rise: a call is as often sold against shares already held. Methodology
calls -278.28k · puts -18.25k past week

For options traders: ATM IV 32.6% (-9.1% 1w) · 1m ÷ 3m IV 1.05 · 25Δ skew 3.5 pts · Net GEX $73.2M

Most traded contracts 20
Contract Next day: opened, closed or mixed A large option trade on its own is ambiguous: it may have opened a position, closed one, or been one leg of a spread. Open interest is published overnight, so the next morning settles it. Opened: open interest rose by a good share of the volume traded, so positions were added. Closed: it fell, so positions were taken off. Mixed: it barely moved, as when one side opens while the other closes. A dash: the next morning's count is not in yet. None of the three says whether the contracts were bought or sold. Methodology Volume against open interest The day's contracts traded, divided by the positions already standing. Above 1 the day's trading exceeded every position in existence, which cannot happen without something new — though only tomorrow's open interest proves it opened rather than closed. Methodology Bid-ask spread The gap between the bid and the ask as a share of the midpoint: what a round trip costs before the position has moved at all. Methodology Priced vs rest of chain The contract's implied volatility less the at-the-money reading for the same company, in points: how this strike is priced against the rest of the chain. Methodology Move to break even How far the stock must move by expiry for a buyer at the midpoint to get the premium back: strike plus premium for a call, strike less premium for a put. Methodology Premium
Dec 18, 2026 · $250 call +4% from price — 0.64 1.3% -1.0% +7.0% $10.1M
Dec 18, 2026 · $245 put +2% from price — 0.52 3.1% -0.7% -3.7% $6.4M
Dec 18, 2026 · $240 put at the price — 0.23 3.8% -0.2% -4.7% $3.4M
Dec 18, 2026 · $230 put -4% from price — 0.36 3.8% +0.6% -7.2% $3.2M
Dec 18, 2026 · $240 call at the price — 0.43 3.7% -0.3% +4.8% $2.4M
Dec 18, 2026 · $225 put -7% from price — 0.37 4.9% +1.6% -8.7% $2.2M
Dec 18, 2026 · $245 call +2% from price — 0.36 3.0% -0.6% +5.8% $2.2M
Dec 18, 2026 · $235 call -2% from price — 0.19 4.3% +0.0% +3.9% $2.1M
Jan 15, 2027 · $220 call -9% from price — 0.96 2.8% +1.0% +3.1% $17.4M
Jan 15, 2027 · $250 call +4% from price — 0.24 2.8% -1.2% +8.3% $9.2M
Jan 15, 2027 · $260 call +8% from price — 0.47 4.1% -1.6% +11.0% $4.6M
Jan 15, 2027 · $240 call at the price — 0.30 2.9% -0.7% +6.1% $3.4M
Jan 15, 2027 · $240 put at the price — 0.29 3.1% -0.6% -5.7% $3.4M
Jan 15, 2027 · $230 put -4% from price — 0.30 2.9% +0.1% -8.1% $3.3M
Jan 15, 2027 · $300 put +25% from price — 0.13 4.3% +1.3% -0.3% $3.2M
Jan 15, 2027 · $200 call -17% from price — 0.04 4.5% +3.3% +1.6% $2.7M
Jan 15, 2027 · $245 call +2% from price — 0.44 3.5% -1.0% +7.1% $2.3M
Jan 15, 2027 · $235 put -2% from price — 0.16 3.8% -0.2% -6.8% $2.2M
Feb 19, 2027 · $235 put -2% from price — 0.55 1.7% +2.7% -8.4% $4.4M
Feb 19, 2027 · $230 put -4% from price — 0.63 3.2% +3.1% -9.7% $4.1M

Liquid contracts, 3 weeks to 4 months out, soonest expiry first.

Filings

SEC EDGAR
FiledReportPeriod to Lag
Oct 30, 2026 Quarterly ↗ Sep 30, 2026 30d
Jul 31, 2026 Quarterly ↗ Jun 30, 2026 31d
Apr 30, 2026 Quarterly ↗ Mar 31, 2026 30d
Feb 6, 2026 Annual ↗ Dec 31, 2025 37d
Oct 31, 2025 Quarterly ↗ Sep 30, 2025 31d
Aug 1, 2025 Quarterly ↗ Jun 30, 2025 32d
May 2, 2025 Quarterly ↗ Mar 31, 2025 32d
Feb 7, 2025 Annual ↗ Dec 31, 2024 38d
Nov 1, 2024 Quarterly ↗ Sep 30, 2024 32d
Aug 2, 2024 Quarterly ↗ Jun 30, 2024 33d
May 1, 2024 Quarterly ↗ Mar 31, 2024 31d
Feb 2, 2024 Annual ↗ Dec 31, 2023 33d

Current reports

FiledDisclosed
Oct 29, 2026 Results ↗
Sep 14, 2026 Other events ↗
Sep 9, 2026 Director or officer change ↗
Jul 30, 2026 Results ↗
Jul 9, 2026 Other events ↗
Jun 12, 2026 Other events ↗
Jun 10, 2026 Material agreement · New obligation ↗
May 22, 2026 Shareholder vote ↗
Apr 29, 2026 Results ↗
Apr 14, 2026 Regulation FD ↗
Apr 9, 2026 Regulation FD ↗
Mar 16, 2026 Other events ↗