Balance Sheet: Liabilities and Stockholders’ Equity
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.

Liabilities represents obligations of a company arising from past events, the settlement of which is expected to result in an outflow of economic benefits from the entity.

Amazon.com Inc., consolidated balance sheet: liabilities and stockholders’ equity (quarterly data)

US$ in millions

	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	Dec 31, 2020	Sep 30, 2020	Jun 30, 2020	Mar 31, 2020
Accounts payable	98,285)	89,241)	94,363)	84,570)	81,817)	73,068)	84,981)	72,004)	69,481)	66,907)	79,600)	67,760)	71,219)	68,547)	78,664)	71,474)	66,090)	63,926)	72,539)	58,334)	51,036)	40,056)
Current portion of operating lease liabilities	11,597)	10,884)	10,546)	9,301)	8,736)	8,581)	8,419)	8,092)	7,982)	7,752)	7,458)	7,046)	6,707)	6,640)	6,349)	5,913)	5,214)	4,841)	4,586)	4,156)	3,530)	3,279)
Current portion of finance lease liabilities	1,376)	1,359)	1,375)	1,393)	1,439)	1,626)	2,032)	2,385)	3,024)	3,676)	4,397)	5,036)	5,792)	6,842)	8,083)	8,712)	9,442)	9,862)	10,374)	10,260)	10,061)	9,824)
Current portion of long-term debt	5,005)	5,014)	5,017)	5,248)	7,429)	8,848)	8,494)	5,995)	3,997)	2,000)	2,999)	4,247)	4,998)	2,681)	1,491)	1,000)	1,158)	1,156)	1,155)	155)	1,154)	1,311)
Other	48,996)	49,074)	50,027)	44,660)	42,747)	44,915)	45,764)	42,340)	49,232)	52,954)	47,712)	43,645)	38,757)	41,978)	35,852)	25,921)	25,193)	25,080)	28,023)	19,756)	19,118)	16,377)
Accrued expenses and other	66,974)	66,331)	66,965)	60,602)	60,351)	63,970)	64,709)	58,812)	64,235)	66,382)	62,566)	59,974)	56,254)	58,141)	51,775)	41,546)	41,007)	40,939)	44,138)	34,327)	33,863)	30,791)
Unearned revenue	21,662)	20,599)	18,103)	16,305)	16,004)	15,927)	15,227)	14,398)	14,522)	14,281)	13,227)	12,629)	12,818)	12,820)	11,827)	10,974)	10,695)	10,539)	9,708)	9,251)	8,997)	8,864)
Current liabilities	186,921)	176,171)	179,431)	161,477)	158,172)	152,965)	164,917)	145,214)	148,238)	147,570)	155,393)	140,363)	140,291)	139,508)	142,266)	123,994)	117,792)	115,404)	126,385)	101,912)	93,896)	79,711)
Long-term operating lease liabilities, excluding current portion	73,394)	70,847)	69,050)	70,376)	68,696)	67,438)	67,220)	65,810)	65,388)	63,496)	61,582)	57,737)	53,899)	51,646)	51,981)	48,041)	40,069)	36,137)	34,513)	31,099)	26,069)	23,805)
Long-term finance lease liabilities, excluding current portion	9,827)	9,024)	9,227)	9,426)	9,388)	9,614)	10,077)	10,081)	10,434)	10,771)	11,386)	11,595)	12,625)	14,085)	15,670)	15,807)	16,228)	16,930)	18,060)	17,490)	16,729)	16,495)
Long-term lease liabilities, excluding current portion	83,221)	79,871)	78,277)	79,802)	78,084)	77,052)	77,297)	75,891)	75,822)	74,267)	72,968)	69,332)	66,524)	65,731)	67,651)	63,848)	56,297)	53,067)	52,573)	48,589)	42,798)	40,300)
Long-term debt, excluding current portion	50,718)	53,374)	52,623)	54,890)	54,889)	57,634)	58,314)	61,098)	63,092)	67,084)	67,150)	58,919)	58,053)	47,556)	48,744)	50,055)	50,279)	31,868)	31,816)	32,929)	33,128)	23,437)
Other long-term liabilities	27,535)	27,973)	28,593)	29,306)	27,226)	26,657)	25,451)	21,707)	21,853)	20,931)	21,121)	22,259)	23,458)	23,971)	23,643)	23,945)	21,148)	19,418)	17,017)	15,974)	14,764)	12,518)
Long-term liabilities	161,474)	161,218)	159,493)	163,998)	160,199)	161,343)	161,062)	158,696)	160,767)	162,282)	161,239)	150,510)	148,035)	137,258)	140,038)	137,848)	127,724)	104,353)	101,406)	97,492)	90,690)	76,255)
Total liabilities	348,395)	337,389)	338,924)	325,475)	318,371)	314,308)	325,979)	303,910)	309,005)	309,852)	316,632)	290,873)	288,326)	276,766)	282,304)	261,842)	245,516)	219,757)	227,791)	199,404)	184,586)	155,966)
Preferred stock, $0.01 par value; no shares issued or outstanding	—)	—)	—)	—)	—)	—)	—)	—)	—)	—)	—)	—)	—)	—)	—)	—)	—)	—)	—)	—)	—)	—)
Common stock, $0.01 par value	112)	111)	111)	110)	110)	109)	109)	108)	108)	108)	108)	107)	107)	5)	5)	5)	5)	5)	5)	5)	5)	5)
Treasury stock, at cost	(7,837)	(7,837)	(7,837)	(7,837)	(7,837)	(7,837)	(7,837)	(7,837)	(7,837)	(7,837)	(7,837)	(7,837)	(7,837)	(4,503)	(1,837)	(1,837)	(1,837)	(1,837)	(1,837)	(1,837)	(1,837)	(1,837)
Additional paid-in capital	130,923)	124,514)	120,864)	115,934)	110,633)	103,938)	99,025)	92,711)	86,896)	79,863)	75,066)	69,419)	63,871)	58,793)	55,538)	51,879)	48,724)	45,160)	42,865)	40,307)	38,017)	35,412)
Accumulated other comprehensive income (loss)	2,420)	(914)	(34)	(1,918)	(3,993)	(3,598)	(3,040)	(5,003)	(3,680)	(3,973)	(4,487)	(7,115)	(4,782)	(2,365)	(1,376)	(1,075)	(525)	(666)	(180)	(1,029)	(1,455)	(2,063)
Retained earnings	208,157)	189,993)	172,866)	152,862)	137,534)	124,049)	113,618)	102,994)	93,115)	86,365)	83,193)	82,915)	80,043)	82,071)	85,915)	71,592)	68,436)	60,658)	52,551)	45,329)	38,998)	33,755)
Stockholders’ equity	333,775)	305,867)	285,970)	259,151)	236,447)	216,661)	201,875)	182,973)	168,602)	154,526)	146,043)	137,489)	131,402)	134,001)	138,245)	120,564)	114,803)	103,320)	93,404)	82,775)	73,728)	65,272)
Total liabilities and stockholders’ equity	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)	321,195)	282,179)	258,314)	221,238)

Accounts Payable: The accounts payable balance exhibited an overall upward trend from March 2020 through June 2025, increasing from approximately $40 billion to nearly $98 billion. Some fluctuations occurred, notably a decrease during early 2022, followed by periods of growth toward the end of the period.
Current Portion of Operating Lease Liabilities: This liability steadily increased over the period, moving from around $3.3 billion in March 2020 to over $11.5 billion by June 2025. The growth indicates an increasing short-term obligation related to operating leases.
Current Portion of Finance Lease Liabilities: This component showed a clear downward trend, decreasing from about $9.8 billion in March 2020 to roughly $1.4 billion by June 2025, indicating a reduction in short-term finance lease obligations.
Current Portion of Long-Term Debt: This liability displayed variability, with some sharp increases noted around mid to late 2022, peaking in December 2023 at approximately $8.5 billion, before declining somewhat by mid-2025.
Other Current Liabilities: Amounts classified as "Other" and "Accrued Expenses and Other" generally rose over time. The "Other" category increased from $16 billion to nearly $49 billion by mid-2025, while accrued expenses increased from about $31 billion to over $66 billion, reflective of growing operational or accrued obligations.
Unearned Revenue: Unearned revenue exhibited a consistent upward movement, more than doubling from approximately $8.9 billion to over $21.6 billion by mid-2025, signaling growth in deferred income, possibly from subscriptions or prepayments.
Total Current Liabilities: Current liabilities increased from around $79.7 billion in March 2020 to approximately $187 billion by June 2025, reflecting rising short-term payable and accrued obligations over the analyzed period.
Long-Term Lease Liabilities: Long-term operating lease liabilities excluding the current portion increased steadily from about $24 billion to over $73 billion by mid-2025, while finance lease liabilities decreased from roughly $16.5 billion to under $10 billion. The net effect was an increase in total long-term lease liabilities from about $40 billion to $83 billion.
Long-Term Debt (excluding current portion): This category reached a peak around mid-2021 at over $50 billion, followed by a gradual decline to approximately $50.7 billion by mid-2025, indicating some debt repayments or refinancing activity.
Other Long-Term Liabilities: This liability item showed moderate growth from about $12.5 billion to around $27.5 billion, implying incremental long-term obligations.
Total Long-Term Liabilities: Total long-term liabilities increased from approximately $76 billion to a peak near $162 billion in late 2022, followed by some fluctuations but remaining generally elevated at around $161 billion by mid-2025.
Total Liabilities: Overall total liabilities grew from about $156 billion in March 2020 to approximately $348 billion by June 2025, reflecting continued expansion in both current and long-term obligations.
Stockholders' Equity: Stockholders’ equity experienced consistent growth, rising from roughly $65 billion in March 2020 to over $333 billion by June 2025. This growth suggests accumulation of retained earnings and additional capital contributions.
Retained Earnings: Retained earnings grew substantially, increasing from about $33.7 billion to over $208 billion, indicating profitable operations and reinvestment of earnings over the period.
Additional Paid-in Capital: Additional paid-in capital increased steadily from $35.4 billion to around $131 billion, implying continued capital raises or equity transactions adding to contributed capital.
Accumulated Other Comprehensive Income (Loss): This metric fluctuated considerably with negative values in much of the period, but showed signs of recovery toward the end, moving from a loss position of about -$2 billion to a positive $2.4 billion by mid-2025.
Common Stock and Treasury Stock: Common stock par value remained relatively constant, with a slight increase in shares outstanding over time. Treasury stock at cost increased (more negative) sharply between late 2020 and early 2022, then stabilized, reflecting significant share repurchase activity.
Total Liabilities and Stockholders’ Equity: The aggregate of liabilities and equity rose markedly from $221 billion to $682 billion, demonstrating significant growth in the company's financial structure and scale over the period analyzed.

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Amazon.com Inc. (NASDAQ:AMZN)

Balance Sheet: Liabilities and Stockholders’ Equity Quarterly Data

Balance Sheet: Liabilities and Stockholders’ Equity
Quarterly Data