Amazon (AMZN) Q2 Earnings: Taking a Look at Key Metrics Versus Estimates

Amazon (AMZN) reported $167.7 billion in revenue for the quarter ended June 2025, representing a year-over-year increase of 13.3%. EPS of $1.68 for the same period compares to $1.23 a year ago.The reported revenue compares to the Zacks Consensus Estimate of $162.31 billion, representing a surprise of +3.32%. The company delivered an EPS surprise of +26.32%, with the consensus EPS estimate being $1.33.While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they compare to Wall Street expectations to determine their next course of action, some key metrics always provide a better insight into a company's underlying performance.As these metrics influence top- and bottom-line performance, comparing them to the year-ago numbers and what analysts estimated helps investors project a stock's price performance more accurately.Here is how Amazon performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts:Subscription services Y/Y Change: 11% compared to the 9.2% average estimate based on seven analysts.Third-party seller services Y/Y Change: 10% versus the six-analyst average estimate of 8.3%.Online stores Y/Y Change: 10% compared to the 6.1% average estimate based on six analysts.Headcount - Total: 1,546,000 versus 1,586,220 estimated by two analysts on average.Net Sales- AWS: $30.87 billion compared to the $30.66 billion average estimate based on 12 analysts. The reported number represents a change of +17.5% year over year.Net Sales- Physical stores: $5.6 billion versus the 10-analyst average estimate of $5.48 billion. The reported number represents a year-over-year change of +7.5%.Net Sales- Online stores: $61.49 billion versus the nine-analyst average estimate of $58.76 billion. The reported number represents a year-over-year change of +11%.Net Sales- Subscription services: $12.21 billion versus the nine-analyst average estimate of $11.91 billion. The reported number represents a year-over-year change of +12.4%.Net Sales- Advertising services: $15.69 billion compared to the $14.9 billion average estimate based on nine analysts. The reported number represents a change of +22.9% year over year.Net Sales- Third-party seller services: $40.35 billion versus $38.93 billion estimated by nine analysts on average. Compared to the year-ago quarter, this number represents a +11.5% change.Net Sales- International: $36.76 billion versus the eight-analyst average estimate of $33.87 billion. The reported number represents a year-over-year change of +16.1%.Net Sales- North America: $100.07 billion versus $97.82 billion estimated by eight analysts on average. Compared to the year-ago quarter, this number represents a +11.2% change.View all Key Company Metrics for Amazon here>>>Shares of Amazon have returned +4.7% over the past month versus the Zacks S&P 500 composite's +2.7% change. The stock currently has a Zacks Rank #2 (Buy), indicating that it could outperform the broader market in the near term.One Big Gain, Every Trading DayTo help you take full advantage of this market, you’re invited to access every stock recommendation in all our private portfolios - for just $1.Zacks private portfolio services that closed 256 double and triple-digit winners in 2024 alone. That’s about one big gain every day the market was open. Of course, not all our picks are winners, but members have seen recent gains as high as +627% +1,340%, and +1,708%.Imagine how much you could profit with a steady stream of real-time picks from all our services that cover a number of strategies to suit a variety of investing and trading styles.See Stocks Now >>Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Amazon.com, Inc. (AMZN): Free Stock Analysis ReportThis article originally published on Zacks Investment Research (zacks.com).Zacks Investment ResearchWeiter zum vollständigen Artikel bei Zacks Weiter zum vollständigen Artikel bei Zacks