marketcaparena

PTRN

Pattern Group Inc.

Company overview

Market capitalization
—
Employees
2,300
Latest publication
2026-09-29
About Pattern Group Inc.

Pattern Group Inc. operates as an e-commerce accelerator that combines proprietary technology and on-demand expertise to support consumer brands operating across e-commerce marketplaces in the United States and internationally. The company acquires inventory from brand partners to sell to consumers in various industries, including health and wellness; beauty and personal care; home and lifestyle; pet; sports and outdoors; and consumer electronics. The company was formerly known as Covalent Group, Inc. and changed its name to Pattern Group Inc. in November 2024. Pattern Group Inc. was incorporated in 2018 and is headquartered in Lehi, Utah.

Company website

Financial statements

Income Quarterly

Exact reported values; units shown beside each amount. Missing values are —.
MetricQ2 20262026-06-30 · USDQ1 20262026-03-31 · USDQ4 20252025-12-31 · USDQ2 20252025-06-30 · USDQ1 20252025-03-31 · USDQ4 20242024-12-31 · USDQ3 20242024-09-30 · USDQ2 20242024-06-30 · USD
Total Revenue876,773,000USD773,727,000USD723,104,000USD598,150,000USD540,406,000USD515,465,000USD439,395,000USD430,629,000USD
Cost Of Revenue492,410,000USD438,912,000USD413,057,000USD341,333,000USD304,600,000USD298,914,000USD252,784,000USD243,951,000USD
Gross Profit384,363,000USD334,815,000USD310,047,000USD256,817,000USD235,806,000USD216,551,000USD186,611,000USD186,678,000USD
Research Development12,953,000USD11,188,000USD9,611,000USD6,455,000USD5,643,000USD5,287,000USD4,070,999USD4,517,000USD
Selling And Marketing Expenses170,801,000USD——116,541,000USD100,679,000USD——82,214,000USD
General And Administrative Expenses165,073,000USD———————
Total Operating Expenses348,827,000USD295,244,000USD283,999,000USD226,688,000USD206,398,000USD193,427,000USD168,957,000USD163,589,000USD
Operating Income35,536,000USD39,571,000USD26,048,000USD30,129,000USD29,408,000USD23,124,000USD17,654,000USD23,089,000USD
Total Other Income Expense Net2,002,000USD1,972,000USD1,836,000USD1,720,000USD1,356,000USD1,128,000USD1,706,000USD812,000USD
Income Before Tax37,538,000USD41,543,000USD27,884,000USD31,849,000USD30,764,000USD24,252,000USD19,360,000USD23,901,000USD
Income Tax Expense10,039,000USD12,330,000USD-838,000USD8,068,000USD7,962,000USD6,049,000USD5,164,000USD6,101,000USD
Net Income27,499,000USD29,213,000USD28,722,000USD23,781,000USD22,802,000USD18,203,000USD14,196,000USD17,800,000USD
Net Income Applicable To Common Shares27,499,000USD———————
Selling General Administrative—143,726,000USD137,285,000USD103,692,000USD100,076,000USD97,247,000USD82,587,000USD76,858,000USD
Unclassified Operating Expenses—140,330,000USD137,103,000USD——90,893,000USD82,299,001USD—
Interest Income—2,254,000USD2,593,000USD1,688,000USD1,517,000USD1,634,000USD1,714,000USD1,590,000USD
Net Interest Income—2,254,000USD2,362,000USD1,688,000USD1,517,000USD1,536,000USD1,714,000USD1,590,000USD
Tax Provision—12,330,000USD-838,000USD8,068,000USD7,962,000USD6,049,000USD5,164,000USD6,101,000USD
Net Income From Continuing Ops—29,213,000USD28,722,000USD23,781,000USD22,802,000USD18,203,000USD14,196,000USD17,800,000USD
Ebit—41,543,000USD27,884,000USD31,849,000USD30,764,000USD24,252,000USD19,360,000USD23,901,000USD
Ebitda—46,961,000USD32,137,000USD36,089,000USD34,809,000USD28,199,000USD23,185,000USD27,535,000USD
Depreciation And Amortization—5,418,000USD4,253,000USD4,240,000USD4,045,000USD3,947,000USD3,825,000USD3,634,000USD
Reconciled Depreciation—5,418,000USD4,253,000USD4,240,000USD4,045,000USD3,947,000USD3,825,000USD3,634,000USD
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Income Yearly

Exact reported values; units shown beside each amount. Missing values are —.
MetricFY 20252025-12-31 · USDFY 20242024-12-31 · USDFY 20232023-12-31 · USDFY 20222022-12-31 · USD
Total Revenue2,501,315,000USD1,796,161,000USD1,366,417,000USD990,535,000USD
Cost Of Revenue1,427,669,000USD1,014,812,000USD765,203,000USD561,620,000USD
Gross Profit1,073,646,000USD781,349,000USD601,214,000USD428,915,000USD
Research Development46,293,000USD17,987,000USD14,644,000USD10,833,000USD
Selling General Administrative495,687,000USD338,508,000USD276,272,000USD226,662,000USD
Unclassified Operating Expenses506,260,000USD———
Total Operating Expenses1,048,240,000USD694,167,000USD548,429,000USD424,794,000USD
Operating Income25,406,000USD87,182,000USD52,785,000USD4,121,000USD
Interest Income7,653,000USD6,164,000USD2,882,000USD0USD
Interest Expense231,000USD98,000USD33,000USD502,000USD
Net Interest Income7,422,000USD6,066,000USD2,849,000USD-502,000USD
Income Before Tax-794,000USD91,235,000USD56,341,000USD-1,691,000USD
Income Tax Expense-17,040,000USD23,379,000USD15,077,000USD1,284,000USD
Tax Provision-17,040,000USD23,379,000USD15,077,000USD1,284,000USD
Net Income16,246,000USD67,856,000USD41,264,000USD-2,975,000USD
Net Income From Continuing Ops16,246,000USD67,856,000USD41,264,000USD-2,975,000USD
Ebit-794,000USD91,333,000USD56,374,000USD-1,189,000USD
Ebitda16,006,000USD106,144,000USD68,476,000USD8,401,000USD
Depreciation And Amortization16,800,000USD14,811,000USD12,102,000USD9,590,000USD
Reconciled Depreciation16,800,000USD14,811,000USD12,102,000USD9,590,000USD
Total Other Income Expense Net-26,200,000USD4,053,000USD3,556,000USD-5,812,000USD
Selling And Marketing Expenses—337,672,000USD257,513,000USD187,299,000USD
SourceLegacy providerLegacyLegacy providerLegacyLegacy providerLegacyLegacy providerLegacy

Balance sheet Quarterly

Exact reported values; units shown beside each amount. Missing values are —.
MetricQ2 20262026-06-30 · USDQ1 20262026-03-31 · USDQ4 20252025-12-31 · USDQ3 20252025-09-30 · USDQ2 20252025-06-30 · USDQ1 20252025-03-31 · USDQ4 20242024-12-31 · USDQ3 20242024-09-30 · USD
Total Assets1,072,598,000USD967,196,000USD947,639,000USD843,109,000USD712,313,000USD669,008,000USD664,422,000USD—
Cash And Equivalents345,830,000USD———————
Total Current Assets893,940,000USD807,481,000USD792,575,000USD718,085,000USD606,229,000USD561,862,000USD558,082,000USD—
Other Current Assets22,092,000USD22,230,000USD31,575,000USD30,251,000USD15,357,000USD16,698,000USD11,438,000USD—
Other Non Current Assets24,311,000USD———————
Total Liabilities426,966,000USD———————
Total Current Liabilities380,119,000USD329,502,000USD338,542,000USD279,022,000USD265,487,000USD239,536,000USD257,699,000USD—
Other Current Liabilities2,362,000USD———————
Other Non Current Liabilities5,938,000USD———————
Total Stockholder Equity645,632,000USD609,688,000USD580,995,000USD541,373,000USD425,679,000USD402,119,000USD379,325,000USD—
Total Equity Including Noncontrolling Interest645,632,000USD———————
Net Receivables207,720,000USD141,279,000USD177,214,000USD106,139,000USD119,197,000USD84,211,000USD106,926,000USD—
Inventory318,298,000USD299,750,000USD294,737,000USD268,892,000USD256,422,000USD242,173,000USD264,103,000USD—
Property Plant Equipment Net102,650,000USD75,315,000USD69,251,000USD67,918,000USD64,420,000USD63,780,000USD62,912,000USD—
Goodwill37,841,000USD———————
Intangible Assets13,856,000USD15,294,000USD16,693,999USD3,509,000USD4,074,000USD6,190,000USD6,906,000USD—
Accounts Payable300,258,000USD263,861,000USD274,977,000USD217,404,000USD219,620,000USD183,651,000USD211,558,000USD—
Short Term Debt10,401,000USD9,027,000USD8,826,000USD9,649,000USD8,350,000USD8,336,000USD——
Retained Earnings85,434,000USD57,935,000USD28,722,000USD0USD153,438,000USD129,657,000USD106,855,000USD—
Accumulated Other Comprehensive Income219,000USD243,000USD448,000USD-1,112,000USD-1,214,000USD-993,000USD——
Total Liab—357,508,000USD366,644,000USD301,736,000USD286,634,000USD266,889,000USD285,097,000USD—
Other Current Liab—56,614,000USD54,739,000USD51,969,000USD37,517,000USD47,549,000USD266,000USD—
Common Stock—177,000USD177,000USD176,000USD4,000USD4,000USD——
Capital Stock—177,000USD177,000USD176,000USD270,691,000USD270,691,000USD270,691,000USD—
Good Will—37,841,000USD37,769,000USD25,938,000USD25,938,000USD25,938,000USD25,938,000USD—
Cash—344,222,000USD289,049,000USD312,803,000USD215,253,000USD218,780,000USD175,615,000USD—
Cash And Short Term Investments—344,222,000USD289,049,000USD312,803,000USD215,253,000USD218,780,000USD——
Net Debt—-313,151,000USD-258,214,000USD-281,791,000USD-187,141,000USD-189,395,000USD——
Short Long Term Debt Total—31,071,000USD30,835,000USD31,012,000USD28,112,000USD29,385,000USD——
Property Plant Equipment Gross—116,832,000USD108,213,000USD102,985,000USD96,092,000USD92,175,000USD88,012,000USD—
Common Stock Shares Outstanding—179,458,000shares176,394,000shares176,119,000shares177,657,476shares176,019,677shares176,019,677shares176,019,677shares
Non Current Assets Total—159,715,000USD155,063,999USD125,024,000USD106,084,000USD107,146,000USD106,340,000USD—
Non Current Liabilities Total—28,005,999USD28,102,000USD22,714,000USD21,147,000USD27,353,000USD27,398,000USD—
Non Current Liabilities Other—5,962,000USD898,000USD1,351,000USD1,385,000USD4,885,000USD4,885,000USD—
Non Currrent Assets Other—31,265,000USD31,349,999USD27,659,000USD11,652,000USD3,262,000USD3,000USD—
Net Working Capital—477,979,000USD454,033,000USD439,063,000USD340,742,000USD322,326,000USD300,383,000USD—
Unclassified Non Current Liabilities—22,043,999USD27,204,000USD21,363,000USD19,762,000USD22,468,000USD22,513,000USD—
Unclassified Equity—551,156,000USD551,471,000USD542,133,000USD————
Unclassified Non Current Assets—————7,976,000USD10,581,000USD—
Unclassified Current Liabilities——————45,875,000USD—
SourceDisclosureDeterministicFinalLegacy providerLegacyLegacy providerLegacyLegacy providerLegacyLegacy providerLegacyLegacy providerLegacyLegacy providerLegacyLegacy providerLegacy

Balance sheet Yearly

Exact reported values; units shown beside each amount. Missing values are —.
MetricFY 20252025-12-31 · USDFY 20242024-12-31 · USDFY 20232023-12-31 · USDFY 20222022-12-31 · USD
Total Assets947,639,000USD664,422,000USD490,921,000USD—
Intangible Assets16,693,999USD6,906,000USD9,958,000USD—
Other Current Assets31,575,000USD11,438,000USD10,712,000USD—
Total Liab366,644,000USD285,097,000USD177,920,000USD—
Total Stockholder Equity580,995,000USD379,325,000USD313,001,000USD—
Other Current Liab54,739,000USD38,111,000USD25,901,000USD—
Common Stock177,000USD4,000USD4,000USD—
Capital Stock177,000USD270,691,000USD270,692,000USD—
Retained Earnings28,722,000USD106,855,000USD38,999,000USD—
Good Will37,769,000USD25,938,000USD25,938,000USD—
Cash289,049,000USD175,615,000USD127,233,000USD—
Cash And Short Term Investments289,049,000USD175,615,000USD127,233,000USD—
Total Current Assets792,575,000USD558,082,000USD404,944,000USD—
Total Current Liabilities338,542,000USD257,699,000USD156,643,000USD—
Net Debt-258,214,000USD-145,490,000USD-108,129,000USD—
Short Term Debt8,826,000USD8,030,000USD6,054,000USD—
Short Long Term Debt Total30,835,000USD30,125,000USD19,104,000USD—
Net Receivables177,214,000USD106,926,000USD76,115,000USD—
Inventory294,737,000USD264,103,000USD190,884,000USD—
Accounts Payable274,977,000USD211,558,000USD124,688,000USD—
Property Plant Equipment Net69,251,000USD62,912,000USD43,008,000USD—
Property Plant Equipment Gross108,213,000USD88,012,000USD58,041,000USD—
Accumulated Other Comprehensive Income448,000USD-985,000USD-2,354,000USD—
Common Stock Shares Outstanding176,394,000shares171,111,000shares171,111,000shares171,111,000shares
Non Current Assets Total155,063,999USD106,340,000USD85,977,000USD—
Non Current Liabilities Total28,102,000USD27,398,000USD21,277,000USD—
Non Current Liabilities Other898,000USD4,885,000USD7,817,000USD—
Non Currrent Assets Other31,349,999USD2,608,000USD393,000USD—
Net Working Capital454,033,000USD300,383,000USD248,301,000USD—
Unclassified Non Current Liabilities27,204,000USD22,513,000USD13,460,000USD—
Unclassified Equity551,471,000USD—5,660,000USD—
Unclassified Non Current Assets—7,976,000USD6,680,000USD—
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Cash flow Quarterly

Exact reported values; units shown beside each amount. Missing values are —.
MetricQ1 20262026-03-31 · USDQ4 20252025-12-31 · USDQ3 20252025-09-30 · USDQ2 20252025-06-30 · USDQ1 20252025-03-31 · USDQ4 20242024-12-31 · USDQ3 20242024-09-30 · USDQ2 20242024-06-30 · USD
Net Income29,213,000USD28,722,000USD-222,990,000USD23,781,000USD22,802,000USD18,203,000USD14,196,000USD17,800,000USD
Depreciation5,418,000USD4,253,000USD4,262,000USD4,240,000USD4,045,000USD3,947,000USD3,825,000USD3,634,000USD
Stock Based Compensation7,941,000USD12,588,000USD——0USD———
Other Non Cash Items7,865,000USD12,587,000USD281,662,000USD1,396,000USD————
Change To Account Receivables35,937,000USD-68,502,000USD13,058,000USD-34,986,000USD22,715,000USD-39,735,000USD14,841,000USD-17,079,000USD
Change To Inventory-5,440,000USD-24,245,000USD-12,470,000USD-14,249,000USD21,930,000USD-47,892,000USD-18,166,000USD-849,000USD
Change In Working Capital30,085,000USD-34,235,000USD-6,508,000USD-27,372,000USD21,553,000USD-19,443,000USD7,398,000USD-17,846,000USD
Total Cash From Operating Activities72,581,000USD8,493,000USD40,468,000USD2,045,000USD48,400,000USD1,460,000USD25,419,000USD3,588,000USD
Capital Expenditures-9,263,000USD-5,282,000USD-4,622,000USD-5,350,000USD-5,228,000USD-6,398,000USD-5,193,000USD-3,312,000USD
Free Cash Flow63,318,000USD3,211,000USD35,846,000USD-3,305,000USD43,172,000USD-4,938,000USD20,226,000USD276,000USD
Total Cashflows From Investing Activities-9,263,000USD-24,578,000USD-4,614,000USD-5,350,000USD-5,228,000USD——-3,312,000USD
Total Cash From Financing Activities-8,256,000USD-7,883,000USD61,594,000USD—0USD-2,901,000USD——
Sale Purchase Of Stock-3,618,000USD———0USD———
Change In Cash55,173,000USD-23,754,000USD97,550,000USD-3,527,000USD43,165,000USD-8,096,000USD20,533,000USD1,128,000USD
Begin Period Cash Flow289,049,000USD312,803,000USD215,253,000USD218,780,000USD175,615,000USD183,711,000USD163,178,000USD162,050,000USD
End Period Cash Flow344,222,000USD289,049,000USD312,803,000USD215,253,000USD218,780,000USD175,615,000USD183,711,000USD163,178,000USD
Other Cashflows From Financing Activities-4,638,000USD-7,883,000USD-73,435,000USD—————
Unclassified Operating Cash Flow-7,941,000USD-15,422,000USD-15,958,000USD——-1,247,000USD——
Issuance Of Capital Stock—0USD——————
Unclassified Investing Cash Flow—-19,296,000USD4,622,000USD5,350,000USD5,228,000USD——3,312,000USD
Investments——-4,614,000USD-5,350,000USD-5,228,000USD-6,386,000USD-5,193,000USD-3,312,000USD
Unclassified Financing Cash Flow——135,029,000USD—————
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Cash flow Yearly

Exact reported values; units shown beside each amount. Missing values are —.
MetricFY 20242024-12-31 · USDFY 20232023-12-31 · USDFY 20222022-12-31 · USD
Net Income67,856,000USD41,264,000USD-2,975,000USD
Depreciation14,811,000USD12,102,000USD9,590,000USD
Stock Based Compensation0USD-206,000USD—
Other Non Cash Items32,000USD-1,426,000USD5,073,000USD
Change To Account Receivables-30,811,000USD-1,537,000USD-15,971,000USD
Change To Inventory-73,219,000USD-30,892,000USD-34,276,000USD
Change In Working Capital-11,073,000USD-10,390,000USD6,715,000USD
Total Cash From Operating Activities70,347,000USD41,476,000USD14,231,000USD
Capital Expenditures-20,450,000USD-14,498,000USD-16,203,000USD
Free Cash Flow49,897,000USD26,978,000USD-1,972,000USD
Investments-20,438,000USD-14,498,000USD-30,520,000USD
Total Cashflows From Investing Activities-20,438,000USD-14,498,000USD-30,520,000USD
Net Borrowings0USD0USD-34,953,000USD
Total Cash From Financing Activities-2,901,000USD0USD-36,620,000USD
Sale Purchase Of Stock-2,901,000USD0USD0USD
Issuance Of Capital Stock0USD0USD—
Change In Cash48,382,000USD28,055,000USD-55,347,000USD
Begin Period Cash Flow127,233,000USD99,178,000USD154,525,000USD
End Period Cash Flow175,615,000USD127,233,000USD99,178,000USD
Unclassified Operating Cash Flow-1,279,000USD—-4,172,000USD
Unclassified Investing Cash Flow20,450,000USD14,498,000USD16,203,000USD
Other Cashflows From Financing Activities——-1,667,000USD
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Operating metrics

No operating metrics are currently published for this company.

Revenue breakdown

PeriodDimensionBusiness / regionRevenueCurrencySource
Q2 2026Quarterly · 2026-06-30GeographyInternational109,993,000USDDisclosure
Q2 2026Quarterly · 2026-06-30GeographyUnited States766,780,000USDDisclosure
Q2 2026Quarterly · 2026-06-30ProductAmazon Marketplaces International64,283,000USDDisclosure
Q2 2026Quarterly · 2026-06-30ProductAmazon.com730,284,000USDDisclosure
Q2 2026Quarterly · 2026-06-30ProductOther Online Marketplaces And Channels65,532,000USDDisclosure
Q2 2026Quarterly · 2026-06-30ProductSaa SLogistics And Other Revenue16,674,000USDDisclosure
Q1 2026Quarterly · 2026-03-31GeographyInternational90,311,000USD0001811935-26-000039
Q1 2026Quarterly · 2026-03-31GeographyUnited States683,416,000USD0001811935-26-000039
Q1 2026Quarterly · 2026-03-31ProductAmazon Marketplaces International51,361,000USD0001811935-26-000039
Q1 2026Quarterly · 2026-03-31ProductAmazon.com651,122,000USD0001811935-26-000039
Q1 2026Quarterly · 2026-03-31ProductOther Online Marketplaces And Channels57,156,000USD0001811935-26-000039
Q1 2026Quarterly · 2026-03-31ProductSaa SLogistics And Other Revenue14,088,000USD0001811935-26-000039
FY 2025Yearly · 2025-12-31GeographyInternational265,770,000USD0001811935-26-000013
FY 2025Yearly · 2025-12-31GeographyUnited States2,235,545,000USD0001811935-26-000013
FY 2025Yearly · 2025-12-31ProductAmazon Marketplaces International170,758,000USD0001811935-26-000013
FY 2025Yearly · 2025-12-31ProductAmazon.com2,147,186,000USD0001811935-26-000013
FY 2025Yearly · 2025-12-31ProductOther Online Marketplaces And Channels151,012,000USD0001811935-26-000013
FY 2025Yearly · 2025-12-31ProductSaa SLogistics And Other Revenue32,359,000USD0001811935-26-000013
Q3 2025Quarterly · 2025-09-30GeographyInternational52,866,000USD0001811935-25-000057
Q3 2025Quarterly · 2025-09-30GeographyUnited States586,789,000USD0001811935-25-000057
Q3 2025Quarterly · 2025-09-30ProductAmazon Marketplaces International43,425,000USD0001811935-25-000057
Q3 2025Quarterly · 2025-09-30ProductAmazon.com549,162,000USD0001811935-25-000057
Q3 2025Quarterly · 2025-09-30ProductOther Online Marketplaces And Channels39,391,000USD0001811935-25-000057
Q3 2025Quarterly · 2025-09-30ProductSaa SLogistics And Other Revenue7,677,000USD0001811935-25-000057
Q1 2025Quarterly · 2025-03-31GeographyInternational44,976,000USD0001811935-26-000039
Q1 2025Quarterly · 2025-03-31GeographyUnited States495,430,000USD0001811935-26-000039
Q1 2025Quarterly · 2025-03-31ProductAmazon Marketplaces International29,135,000USD0001811935-26-000039
Q1 2025Quarterly · 2025-03-31ProductAmazon.com478,788,000USD0001811935-26-000039
Q1 2025Quarterly · 2025-03-31ProductOther Online Marketplaces And Channels27,322,000USD0001811935-26-000039
Q1 2025Quarterly · 2025-03-31ProductSaa SLogistics And Other Revenue5,161,000USD0001811935-26-000039
FY 2024Yearly · 2024-12-31GeographyInternational163,238,000USD0001811935-26-000013
FY 2024Yearly · 2024-12-31GeographyUnited States1,632,923,000USD0001811935-26-000013
FY 2024Yearly · 2024-12-31ProductAmazon Marketplaces International102,396,000USD0001811935-26-000013
FY 2024Yearly · 2024-12-31ProductAmazon.com1,579,056,000USD0001811935-26-000013
FY 2024Yearly · 2024-12-31ProductOther Online Marketplaces And Channels94,197,000USD0001811935-26-000013
FY 2024Yearly · 2024-12-31ProductSaa SLogistics And Other Revenue20,512,000USD0001811935-26-000013
Q3 2024Quarterly · 2024-09-30GeographyInternational30,726,000USD0001811935-25-000057
Q3 2024Quarterly · 2024-09-30GeographyUnited States408,669,000USD0001811935-25-000057
Q3 2024Quarterly · 2024-09-30ProductAmazon Marketplaces International25,611,000USD0001811935-25-000057
Q3 2024Quarterly · 2024-09-30ProductAmazon.com387,813,000USD0001811935-25-000057
Q3 2024Quarterly · 2024-09-30ProductOther Online Marketplaces And Channels20,698,000USD0001811935-25-000057
Q3 2024Quarterly · 2024-09-30ProductSaa SLogistics And Other Revenue5,273,000USD0001811935-25-000057
FY 2023Yearly · 2023-12-31GeographyInternational116,984,000USD0001811935-26-000013
FY 2023Yearly · 2023-12-31GeographyUnited States1,249,433,000USD0001811935-26-000013
FY 2023Yearly · 2023-12-31ProductAmazon Marketplaces International59,744,000USD0001811935-26-000013
FY 2023Yearly · 2023-12-31ProductAmazon.com1,209,267,000USD0001811935-26-000013
FY 2023Yearly · 2023-12-31ProductOther Online Marketplaces And Channels78,384,000USD0001811935-26-000013
FY 2023Yearly · 2023-12-31ProductSaa SLogistics And Other Revenue19,022,000USD0001811935-26-000013

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