Name: Amazon.com Inc. (NASDAQ:AMZN) | Balance Sheet: Assets (Quarterly)
Creator: Stock Analysis on Net

Balance Sheet: Assets
Quarterly Data

The balance sheet provides creditors, investors, and analysts with information on company resources (assets) and its sources of capital (its equity and liabilities). It normally also provides information about the future earnings capacity of a company assets as well as an indication of cash flows that may come from receivables and inventories.

Assets are resources controlled by the company as a result of past events and from which future economic benefits are expected to flow to the entity.

Assets: Selected Items

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Current Assets: Selected Items

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Amazon.com Inc., consolidated balance sheet: assets (quarterly data)

US$ in millions

	Sep 30, 2026	Jun 30, 2026	Mar 31, 2026	Dec 31, 2025	Sep 30, 2025	Jun 30, 2025	Mar 31, 2025	Dec 31, 2024	Sep 30, 2024	Jun 30, 2024	Mar 31, 2024	Dec 31, 2023	Sep 30, 2023	Jun 30, 2023	Mar 31, 2023	Dec 31, 2022	Sep 30, 2022	Jun 30, 2022	Mar 31, 2022	Dec 31, 2021	Sep 30, 2021	Jun 30, 2021	Mar 31, 2021
Cash and cash equivalents	55,783)	78,213)	101,816)	86,810)	66,922)	57,741)	66,207)	78,779)	75,091)	71,178)	72,852)	73,387)	49,605)	49,529)	49,343)	53,888)	34,947)	37,478)	36,393)	36,220)	29,944)	40,380)	33,834)
Marketable securities	58,443)	44,775)	41,273)	36,219)	27,275)	35,439)	28,358)	22,423)	12,960)	17,914)	12,222)	13,393)	14,564)	14,441)	15,062)	16,138)	23,715)	23,232)	29,992)	59,829)	49,044)	49,514)	39,436)
Inventories	42,632)	38,184)	36,534)	38,325)	41,494)	40,825)	35,864)	34,214)	36,103)	34,109)	31,147)	33,318)	35,406)	36,587)	34,170)	34,405)	36,647)	38,153)	34,987)	32,640)	30,933)	24,119)	23,849)
Accounts receivable, net and other	98,242)	88,092)	75,532)	67,729)	61,175)	57,415)	54,216)	55,451)	51,638)	50,106)	47,768)	52,253)	43,420)	39,925)	37,646)	42,360)	36,154)	34,804)	32,504)	32,891)	28,610)	26,835)	24,289)
Current assets	255,100)	249,264)	255,155)	229,083)	196,866)	191,420)	184,645)	190,867)	175,792)	173,307)	163,989)	172,351)	142,995)	140,482)	136,221)	146,791)	131,463)	133,667)	133,876)	161,580)	138,531)	140,848)	121,408)
Property and equipment, net	508,862)	446,046)	397,458)	357,025)	324,435)	297,616)	272,781)	252,665)	237,917)	220,717)	209,950)	204,177)	196,468)	193,784)	190,754)	186,715)	177,195)	173,706)	168,468)	160,281)	147,152)	133,502)	121,461)
Operating leases	96,910)	92,743)	88,741)	86,054)	83,456)	82,125)	78,495)	76,141)	76,527)	74,575)	73,313)	72,513)	70,758)	70,332)	68,262)	66,123)	62,033)	58,430)	56,161)	56,082)	52,151)	43,346)	39,328)
Goodwill	23,743)	23,504)	23,449)	23,273)	23,260)	23,155)	23,089)	23,074)	23,081)	22,879)	22,770)	22,789)	22,749)	22,785)	22,749)	20,288)	20,168)	20,195)	20,229)	15,371)	15,345)	15,350)	15,220)
Other assets	358,775)	284,132)	151,827)	122,607)	99,904)	87,854)	84,246)	82,147)	71,309)	63,340)	60,947)	56,024)	53,913)	50,224)	46,392)	42,758)	37,503)	33,730)	32,033)	27,235)	29,227)	27,273)	25,660)
Long-term assets	988,290)	846,425)	661,475)	588,959)	531,055)	490,750)	458,611)	434,027)	408,834)	381,511)	366,980)	355,503)	343,888)	337,125)	328,157)	315,884)	296,899)	286,061)	276,891)	258,969)	243,875)	219,471)	201,669)
Total assets	1,243,390)	1,095,689)	916,630)	818,042)	727,921)	682,170)	643,256)	624,894)	584,626)	554,818)	530,969)	527,854)	486,883)	477,607)	464,378)	462,675)	428,362)	419,728)	410,767)	420,549)	382,406)	360,319)	323,077)

Total assets exhibit a trajectory of substantial expansion, increasing from 323,077 million in March 2021 to 1,243,390 million by September 2026. This growth is characterized by an acceleration in the accumulation of long-term assets, which transitioned from 201,669 million to 988,290 million over the analyzed period, representing the primary driver of the company's balance sheet expansion.

Fixed Asset Intensification: Property and equipment, net, demonstrate a consistent and aggressive upward trend, rising from 121,461 million in March 2021 to 508,862 million by September 2026. This indicates a sustained period of heavy capital expenditure in physical infrastructure. Similarly, operating leases grew steadily from 39,328 million to 96,910 million, further signaling an increase in the company's operational footprint.
Liquidity and Cash Position: Cash and cash equivalents show a pattern of volatility with an overall upward trend, peaking at 101,816 million in March 2026 before declining to 55,783 million by September 2026. Marketable securities experienced a significant contraction between 2021 and 2023, falling from peaks near 59,829 million to lows around 12,222 million, before recovering to 58,443 million by the end of the period. This suggests strategic shifts in the allocation of highly liquid assets.
Working Capital Trends: Current assets more than doubled, increasing from 121,408 million to 255,100 million. A notable component of this growth is found in accounts receivable, net and other, which rose from 24,289 million to 98,242 million. In contrast, inventories grew more modestly, moving from 23,849 million to 42,632 million, indicating that the growth in current assets is driven more by credit extensions and receivables than by stock accumulation.
Other Long-Term Asset Growth: A significant acceleration is observed in other assets, which remained relatively stable for several years before experiencing exponential growth in 2026, jumping from 151,827 million in March 2026 to 358,775 million by September 2026. This spike contributes heavily to the overall surge in total assets during the final quarters of the dataset.
Intangible Asset Stability: Goodwill remains the most stable component of the asset base, showing a gradual increase from 15,220 million in March 2021 to 23,743 million in September 2026, suggesting that asset growth was driven primarily by organic investment and internal expansion rather than aggressive acquisition activity.

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Amazon.com Inc. (NASDAQ:AMZN)

Balance Sheet: AssetsQuarterly Data

Assets: Selected Items

Current Assets: Selected Items

Balance Sheet: Assets
Quarterly Data