AMZN · 10-Q · 2026Q1 · Full report
Liquidity and Cash Position
AMAZON COM INC · 2026-04-30 · Importance 53 · Surprise 22 · From source text
Amazon’s principal liquidity sources are operating cash flows and cash, cash equivalents, and marketable securities, which at fair value were $123.0 billion as of Dec 31, 2025 and $143.1 billion as of Mar 31, 2026. The company had no borrowings outstanding under its two unsecured revolvers or commercial paper programs as of Mar 31, 2026 and expects cash, operating cash flows, and financing arrangements to be sufficient to meet anticipated operating cash needs for at least the next twelve months. Amazon notes $29.7 billion and $22.1 billion of these balances were held in foreign currencies at Dec 31, 2025 and Mar 31, 2026, respectively, and that macro and capital markets conditions could affect borrowing costs and financing availability.
Key facts
- Cash provided by (used in) financing activities was $(47) million for the three months ended March 31, 2025 and $52,767 million for the three months ended March 31, 2026. source
- Cash inflows from financing activities resulted from proceeds from short-term debt, and other and long-term debt of $2.6 billion for Q1 2025 and $59.5 billion for Q1 2026. source
- Amounts held in foreign currencies were $29.7 billion as of December 31, 2025 and $22.1 billion as of March 31, 2026. source
- Cash outflows from financing activities resulted from payments of short-term debt, and other, long-term debt, finance leases, and financing obligations of $2.6 billion for Q1 2025 and $6.7 billion for Q1 2026. source
- Amazon's cash, cash equivalents, and marketable securities balances at fair value were $123.0 billion as of December 31, 2025 and $143.1 billion as of March 31, 2026. source
- Property and equipment acquired under finance leases was $54 million during Q1 2025 and $1.6 billion during Q1 2026. source
- Restricted cash, cash equivalents, and marketable securities were $3.3 billion as of December 31, 2025 and $2.9 billion as of March 31, 2026. source
Impact estimates
| metric | direction | stage | expected | basis |
|---|---|---|---|---|
| cash | positive | realized | +5.8% | Cash provided by (used in) financing activities was $(47) million for the three months ended March 31, 2025 and $52,767 million for the… |
| cash | positive | realized | +2.2% | Amazon's cash, cash equivalents, and marketable securities balances at fair value were $123.0 billion as of December 31, 2025 and $143.1… |
| assets | negative | realized | -0.8% | Amounts held in foreign currencies were $29.7 billion as of December 31, 2025 and $22.1 billion as of March 31, 2026. |
| assets | positive | realized | +0.2% | Property and equipment acquired under finance leases was $54 million during Q1 2025 and $1.6 billion during Q1 2026. |