Amazon.com (AMZN) Total Operating Expense: $290,453 Mil (TTM As of Mar. 2026)


AMZN Amazon.com Inc AMZN
94 GF Score
Price $241.70
GF Value $233.18
Valuation Fairly Valued
! 2 Warning Signs
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What is Amazon.com Total Operating Expense?

Amazon.com AMZN +1.41% 94 Total Operating Expense is $290,453 Mil as of Mar. 2026. GuruFocus rates AMZN with a GF Score™ of 94/100 and a GF Value™ of $233.18 (Fairly Valued). The stock has 2 warning signs investors should review.

Amazon.com's Total Operating Expense for the three months ended in Mar. 2026 was $70,204 Mil. Amazon.com's Total Operating Expense for the trailing twelve months (TTM) ended in Mar. 2026 was $290,453 Mil.

Amazon.com Total Operating Expense Related Terms

Amazon.com Total Operating Expense Historical Data

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The historical data trend for Amazon.com's Total Operating Expense 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 Total Operating Expense Chart

Amazon.com Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Total Operating Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only 172,599.00 212,904.00 233,194.00 243,078.00 280,535.00

Amazon.com Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Total Operating Expense 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 60,286.00 67,722.00 74,077.00 78,450.00 70,204.00
AMZN
94GF Score
Amazon.com Inc AMZN
Total Operating Expense is just one metric. See GF Score™, valuation, warning signs, and more.
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Amazon.com Total Operating Expense Calculation

Total Operating Expense is the primary recurring expense associated with central operations that are incurred in order to generate sales.


Total Operating Expense for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was $290,453 Mil.

* 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.

What does a Total Operating Expense of $290,453 Mil mean?
Amazon.com (AMZN) has a Total Operating Expense of $290,453 Mil as of Mar. 2026. Total operating expense is the primary recurring expense associated with central operations. View historical data on Amazon.com and its competitors.
Is Amazon.com's Total Operating Expense too high?
Amazon.com's current Total Operating Expense is $290,453 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 Total Operating Expense compare to BABA and PDD?
Amazon.com's Total Operating Expense of $290,453 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 Total Operating Expense for a Retail - Cyclical company?
A good Total Operating Expense depends on the Retail - Cyclical industry context. However, Total Operating Expense 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 Total Operating Expense mean?
A high Total Operating Expense can signal that a stock is expensive relative to its fundamentals. Total operating expense is the primary recurring expense associated with central operations. View historical data on Amazon.com and its competitors. Amazon.com's current Total Operating Expense is $290,453 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 $233.18, compared to a current price of $241.70 — trading 3.7% above its estimated fair value. The current Total Operating Expense is $290,453 Mil. Amazon.com's overall GF Score™ is 94/100 with 2 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Total Operating Expense calculated?
Total Operating Expense is calculated from a company's financial statements. For Amazon.com (AMZN), the current Total Operating Expense is $290,453 Mil as of Mar. 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 $241.70 is trading 3.7% above its estimated GF Value™ of $233.18. GuruFocus considers Amazon.com to be Fairly Valued.

Key valuation signals for AMZN:

  • Total Operating Expense: $290,453 Mil
  • GF Value™: $233.18 vs. price of $241.70 (3.7% above fair value)
  • GF Score™: 94/100 with 2 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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Total Operating Expense is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$241.70
Price
$233.18
GF Value