Amazon (AMZN) Q3 Earnings: Taking a Look at Key Metrics Versus Estimates

Core Insights - Amazon reported revenue of $180.17 billion for Q3 2025, reflecting a year-over-year increase of 13.4% and surpassing the Zacks Consensus Estimate by 1.29% [1] - Earnings per share (EPS) for the quarter was $1.95, a significant increase from $1.43 in the same quarter last year, resulting in an EPS surprise of 23.42% compared to the consensus estimate of $1.58 [1] Revenue Performance - Subscription services revenue increased by 10% year-over-year, slightly below the average estimate of 11.2% [4] - Third-party seller services revenue grew by 11%, exceeding the estimated 10.4% [4] - Online stores revenue rose by 8%, in line with the average estimate of 8.4% [4] - AWS net sales reached $33.01 billion, surpassing the estimate of $32.36 billion, marking a 20.2% increase year-over-year [4] - Physical stores generated $5.58 billion in sales, slightly above the estimate of $5.56 billion, reflecting a 6.7% year-over-year increase [4] - Online stores net sales were $67.41 billion, exceeding the estimate of $66.63 billion, with a year-over-year change of 9.8% [4] - Subscription services net sales totaled $12.57 billion, slightly above the estimate of $12.53 billion, representing an 11.5% year-over-year increase [4] - Advertising services generated $17.7 billion, surpassing the estimate of $17.28 billion, with a year-over-year change of 23.5% [4] - Third-party seller services net sales were $42.49 billion, exceeding the estimate of $41.86 billion, reflecting a 12.2% year-over-year increase [4] - International sales reached $40.9 billion, slightly above the estimate of $40.69 billion, with a year-over-year change of 14% [4] - North America sales totaled $106.27 billion, surpassing the estimate of $104.72 billion, marking an 11.2% year-over-year increase [4] Stock Performance - Amazon's shares have returned 4.4% over the past month, outperforming the Zacks S&P 500 composite's 3.6% change [3] - The stock currently holds a Zacks Rank 2 (Buy), indicating potential for outperformance in the near term [3]