Company / SG&A Expense
Amazon SG&A Expense History
FY2016-FY2025 · Annual data · Source: SEC filings
At a glance
Latest annual filing availableLatest SG&A Expense
$11.2B
FY2025
5-year range
$8.8B / $11.9B
FY2021-FY2025
Trend
-1.6%
vs FY2024
Sector context
#3 of 211
Consumer Discretionary
What the data says
Among 211 Consumer Discretionary companies, Amazon is in the bottom 1% for sg&a expense. SG&A Expense has declined for 3 consecutive years, from $11.9B in FY2022 to $11.2B in FY2025.
Based on SEC 10-K filings.
$11.2B in FY2025 with a 5-year CAGR of +10.9%. Ranks 3rd among 211 companies in Consumer Discretionary.
Improved from $11.8B to $11.2B over the past 2 years.
Consumer Discretionary sector context is included.
SG&A Expense over time
Growth rates
- 3-Year CAGR
- -2.1%
- 5-Year CAGR
- +10.9%
- 10-Year CAGR
- -
Sector benchmark
+636.5% above sector average
Key checks
Key Insights
- Amazon's sg&a expense has declined for 3 consecutive years.
- 5-year CAGR of +10.9%, indicating consistent growth.
- In FY2025, sg&a expense decreased 1.6% year-over-year.
- Ranks #3 out of 211 companies in the Consumer Discretionary sector.
Company context
Key Data Points
- High earnings quality (cash-backed earnings)
- Strong return on equity: 20.7%
Data sourced from SEC EDGAR filings. Not investment advice.
Annual data
| Year | SG&A ExpenseValue | YoY GrowthYoY |
|---|---|---|
| FY2025 | $11.2B | -1.6% |
| FY2024 | $11.4B | -3.9% |
| FY2023 | $11.8B | -0.6% |
| FY2022 | $11.9B | +34.8% |
| FY2021 | $8.8B | +32.3% |
| FY2020 | $6.7B | +28.2% |
| FY2019 | $5.2B | +20.0% |
| FY2018 | $4.3B | +18.0% |
| FY2017 | $3.7B | +51.1% |
| FY2016 | $2.4B | +39.2% |
As of FY2025 · SEC 10-K · Updated Feb 28, 2026