Amazon capex, CY2025 Q2

Amazon reported $32.2B of capex for CY2025 Q2, the quarter covering April to June 2025. That is +83% on the $17.6B of the same quarter a year earlier (CY2024 Q2).

Amazon sells AWS cloud services to enterprises and developers and operates retail and logistics businesses. Its reported capex also includes fulfillment infrastructure, so these figures are not AWS-only.

Capex, CY2025 Q2$32.2B

Year on year+83%

Announced31 Jul 2025

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Verified 11 Nov 2026

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Source per value

Reported quarter: CY2025 Q2 1
Calendar quarter: 2025 Q2 1
Announced: 2025-07-31 1
“July 31, 2025”
Capex (USD million): 32,183 1
“(32,183”
Capex definition: Gross cash purchases of property and equipment for Amazon as a whole, before proceeds from asset sales and incentives; excludes noncash finance-lease asset acquisitions. 1

Sources

Amazon investor relations: Amazon CY2025 Q2 accessed 2026-11-11

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Sources

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