The Seattle-based e-commerce and technology company said its revenue for the October-December period totaled $187.8 billion, a 10% jump compared to the same period in 2023. Profits came out to $20 billion while earnings per share reached $1.86, higher than the $1.49 that analysts surveyed by FactSet had anticipated.

Amazon was that last of the four major hyperscalers to publish December-quarter earnings and 2025 spending plans.

Walmart, which is often dubbed the world’s biggest retailer in reference to its revenue, still leads the way when it comes to annual sales.

It's no coincidence that these three retailers run massive deal days within weeks of one another, as with Amazon Prime Days and Target Circle Week. All three also now offer some of the fastest online shipping speeds available.