AMZN · 10-Q · 2026Q3 · Full report

Interest Expense Increase

AMAZON COM INC · 2026-10-30 · Importance 45 · Surprise 64

Interest expense increased to $1.7 billion in Q3 2026 from $538 million in Q3 2025, more than tripling year over year. For the first nine months of 2026, interest expense was $3.8 billion, up from $1.6 billion in the comparable 2025 period. Amazon attributed interest expense primarily to debt, including new note issuances, and finance leases. The increase occurred alongside $135.8 billion of debt proceeds during the first nine months of 2026.

Key facts

• Amazon interest expense was $538 million in Q3 2025 and $1.7 billion in Q3 2026, and $1.6 billion and $3.8 billion for the nine months ended September 30, 2025 and 2026, primarily related to debt, including new Notes issuances, and finance leases. source