Amazon.com (AMZN) Inventories, Inventories Adjustments: $-3,000 Mil (As of Jun. 2026)

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Director of Data and Quant Analytics at GuruFocus
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Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

AMZN Amazon.com Inc AMZN
94 GF Score
Price $256.78
GF Value $248.40
Valuation Fairly Valued
! 5 Warning Signs
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What is Amazon.com Inventories, Inventories Adjustments?

Amazon.com AMZN +1.94% 94 Inventories, Inventories Adjustments is $-3,000 Mil as of Jun. 2026. GuruFocus rates AMZN with a GF Score™ of 94/100 and a GF Value™ of $248.40 (Fairly Valued). The stock has 5 warning signs investors should review.

Amazon.com's Inventories, Inventories Adjustments for the quarter that ended in Jun. 2026 was $-3,000 Mil.

Amazon.com's quarterly Inventories, Inventories Adjustments increased from Dec. 2025 ($-3,300 Mil) to Mar. 2026 ($-2,800 Mil) but then declined from Mar. 2026 ($-2,800 Mil) to Jun. 2026 ($-3,000 Mil).

Amazon.com's annual Inventories, Inventories Adjustments stayed the same from Dec. 2023 ($-3,000 Mil) to Dec. 2024 ($-3,000 Mil) but then declined from Dec. 2024 ($-3,000 Mil) to Dec. 2025 ($-3,300 Mil).

Amazon.com Inventories, Inventories Adjustments Historical Data

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The historical data trend for Amazon.com's Inventories, Inventories Adjustments can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Amazon.com Inventories, Inventories Adjustments Chart

Amazon.com Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Inventories, Inventories Adjustments
Get a 7-Day Free Trial Premium Member Only Premium Member Only -2,600.00 -2,800.00 -3,000.00 -3,000.00 -3,300.00

Amazon.com Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
Inventories, Inventories Adjustments Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -2,800.00 -2,900.00 -3,300.00 -2,800.00 -3,000.00
AMZN
94GF Score
Amazon.com Inc AMZN
Inventories, Inventories Adjustments is just one metric. See GF Score™, valuation, warning signs, and more.
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Amazon.com Inventories, Inventories Adjustments Calculation

Inventories, Inventories Adjustments represents certain charges made in the current period in inventory resulting from breakage, spoilage, employee theft and shoplifting, etc.

What does a Inventories, Inventories Adjustments of $-3,000 Mil mean?
Amazon.com (AMZN) has a Inventories, Inventories Adjustments of $-3,000 Mil as of Jun. 2026. Inventories, Inventories Adjustments is certain charges made in the current period in inventory resulting from breakage, spoilage, etc. View historical data on Amazon.com and its competitors.
Is Amazon.com's Inventories, Inventories Adjustments too high?
Amazon.com's current Inventories, Inventories Adjustments is $-3,000 Mil. Overall, Amazon.com has a GF Score™ of 94/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Amazon.com's Inventories, Inventories Adjustments compare to BABA and PDD?
Amazon.com's Inventories, Inventories Adjustments of $-3,000 Mil can be compared against companies in the Retail - Cyclical industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Inventories, Inventories Adjustments for a Retail - Cyclical company?
A good Inventories, Inventories Adjustments depends on the Retail - Cyclical industry context. However, Inventories, Inventories Adjustments should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Inventories, Inventories Adjustments mean?
A high Inventories, Inventories Adjustments can signal that a stock is expensive relative to its fundamentals. Inventories, Inventories Adjustments is certain charges made in the current period in inventory resulting from breakage, spoilage, etc. View historical data on Amazon.com and its competitors. Amazon.com's current Inventories, Inventories Adjustments is $-3,000 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Amazon.com stock overvalued right now?
Based on GuruFocus' analysis, Amazon.com (AMZN) is currently considered Fairly Valued. The stock's GF Value™ is $248.40, compared to a current price of $256.78 — trading 3.4% above its estimated fair value. The current Inventories, Inventories Adjustments is $-3,000 Mil. Amazon.com's overall GF Score™ is 94/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Inventories, Inventories Adjustments calculated?
Inventories, Inventories Adjustments is calculated from a company's financial statements. For Amazon.com (AMZN), the current Inventories, Inventories Adjustments is $-3,000 Mil as of Jun. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Amazon.com (AMZN) Overvalued in 2026?

Based on GuruFocus' analysis, Amazon.com stock appears to be overvalued. The current stock price of $256.78 is trading 3.4% above its estimated GF Value™ of $248.40. GuruFocus considers Amazon.com to be Fairly Valued.

Key valuation signals for AMZN:

  • Inventories, Inventories Adjustments: $-3,000 Mil
  • GF Value™: $248.40 vs. price of $256.78 (3.4% above fair value)
  • GF Score™: 94/100 with 5 warning signs

No single metric tells the full story. See the AMZN stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Amazon.com Business Description

Address 410 Terry Avenue North, Seattle, WA, USA, 98109-5210
Amazon is the leading online retailer and marketplace for third party sellers. Retail related revenue represents approximately 74% of total, followed by Amazon Web Services (17%), and advertising services (9%). International segments constitute 22% of Amazon's total revenue, led by Germany, the United Kingdom, and Japan.
94GF Score

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Inventories, Inventories Adjustments is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$256.78
Price
$248.40
GF Value