Amazon.com Inc. (AMZN) reported $40.9 billion in international revenues for Q3 2025, marking a 10% year-over-year growth, excluding foreign exchange impacts. The company’s operating income reached $1.2 billion, indicating progress toward sustainable profitability in emerging markets, especially in regions like India, Latin America, and Southeast Asia. The Zacks Consensus Estimate projects Amazon’s international revenues to hit $160.51 billion in fiscal 2026, reflecting a 12.31% year-over-year increase.
Amazon is strategically positioned in emerging markets, benefiting from rising smartphone usage and expanding middle-class populations. While facing competition from Sea Limited (SE) and MercadoLibre (MELI), Amazon’s diversified business model across e-commerce, cloud infrastructure, and advertising provides it with unique operational advantages that competitors cannot replicate. Despite a slower stock performance of 1.5% over the past six months, Amazon trades at a forward price/earnings ratio of 29.01, higher than the industry average of 24.95.
