Risk Sleuth
AMZN · 10-K filed 6 Feb 2026 · year to 31 Dec 2025

Amazon

18 named things its latest annual report says its results depend on, each in the company's own words. 12 of them are also named by other companies we've read.

Suppliers

Shipping companies

depends onnamed as a risk
We rely on a limited number of shipping companies to deliver inventory to us and completed orders to our customers.Risk factors (Item 1A)

Also named by MLM

Other companies

Rivian

$5.0 billionnamed as a risk
Our equity and equity warrant investments in publicly traded companies, which include our equity investment in Rivian, represent $5.0 billion of our investments as of December 31, 2025, and are recorded at fair value, which is subject to market price volatility.Market risk (Item 7A)

Anthropic

named as a risk
We record our equity warrant investments in private companies at fair value and adjust our equity investments in private companies, which primarily relate to our equity investment in Anthropic, for observable price changes or impairments.Market risk (Item 7A)

Also named by ROP, VEEV, ZM

Places

International segment

earns from · 23% of our consolidated revenuesnamed as a risk
During 2025, net sales from our International segment accounted for 23% of our consolidated revenues.Market risk (Item 7A)

China

concentrated innamed as a risk
In addition, because China-based sellers account for significant portions of our third-party seller services and advertising revenues, and China-based suppliers provide significant portions of our components and finished goods, regulatory and trade restrictions, tariff policy changes and trade disputes, data protection and cybersecurity laws, economic factors, geopolitical events, security issues, or other factors negatively impacting China-based sellers and suppliers could adversely affect our operating results.Risk factors (Item 1A)

Also named by A, AA, AAOI, AAP, AAPL, AB, ADI, AEHR and 261 more

Commodities and inputs

Euro

exposed to its price · $29.7 billionnamed as a risk
Based on the balance of foreign funds as of December 31, 2025, of $29.7 billion, an assumed 5%, 10%, and 20% adverse change to foreign exchange would result in declines of $1.5 billion, $3.0 billion, and $5.9 billion.Market risk (Item 7A)

Also named by ABBV, ABNB, ABT, ADBE, ADI, AME, AMG, AMGN and 186 more

Graphics processing units (GPUs)

depends onnamed as a risk
For example, we rely on a limited group of suppliers for semiconductor products, including products related to artificial intelligence infrastructure such as graphics processing units.Risk factors (Item 1A)

Also named by HPE, MSFT, ORCL, RDDT

Regulators

China

subject tonamed as a risk
For example, in order to meet local ownership, regulatory licensing, and cybersecurity requirements, we provide certain technology services in China through contractual relationships with third parties that hold PRC licenses to provide services.Risk factors (Item 1A)

Also named by A, AA, AAOI, AAP, AAPL, AB, ADI, AEHR and 261 more

India

subject tonamed as a risk
In India, the government restricts the ownership or control of Indian companies by foreign entities involved in online multi-brand retail trading activities.Risk factors (Item 1A)

Also named by A, AAPL, ACN, AJG, AKAM, AOS, AVGO, AVY and 54 more

Federal Trade Commission (FTC)

subject tonamed as a risk
For example, we are litigating a number of matters alleging price fixing, monopolization, and consumer protection claims, including those brought by state attorneys general and the Federal Trade Commission.Risk factors (Item 1A)

Also named by AN, AVGO, BJ, CART, CELH, CHD, CHE, CI and 56 more

Indian tax authority

subject tonamed as a risk
We are contesting this position; however, if this matter is adversely resolved, we may be required to pay additional amounts with respect to current and prior periods and our taxes in the future could increase.Risk factors (Item 1A)

Also named by EXPD

Laws and programs

U.S. Foreign Corrupt Practices Act

subject tonamed as a risk
•compliance with the U.S. Foreign Corrupt Practices Act and other applicable U.S. and foreign laws prohibiting corrupt payments to government officials and other third parties;Risk factors (Item 1A)

Also named by A, ADBE, ADP, AIR, AJG, ALB, AME, AOS and 112 more

U.S. tariffs

subject tonamed as a risk
•laws and policies of the U.S. and other jurisdictions affecting trade (such as tariff policy changes), foreign investment, loans, and taxes; andRisk factors (Item 1A)

Also named by A, AAPL, ACHR, ADI, AEHR, AEP, AIOT, AKAM and 170 more

U.S. government procurement regulations

subject tonamed as a risk
Our contracts with U.S., as well as state, local, and foreign, government entities are subject to various procurement regulations and other requirements relating to their formation, administration, and performance.Risk factors (Item 1A)

Also named by OLN

A-to-z Guarantee

named as a risk
Under our A-to-z Guarantee, we may reimburse customers for payments up to certain limits in these situations, and as our third-party seller sales grow, the cost of this program will increase and could negatively affect our operating results.Risk factors (Item 1A)

Amazon Prime

subject tonamed as a risk
For example, we face a number of open investigations based on claims that aspects of our operations infringe competition-related or consumer protection rules or regulations, including aspects of Amazon’s operation of its stores, including its fulfillment network and Prime, and certain aspects of AWS’s offering of cloud services.Risk factors (Item 1A)

European Union global minimum tax

subject tonamed as a risk
In addition, the European Union and other countries (including those in which we operate) have enacted or may enact global minimum taxes, which may increase our tax expense.Risk factors (Item 1A)

Payment card association operating rules

subject tonamed as a risk
We are also subject to payment card association operating rules, including data security rules, certification requirements, and rules governing electronic funds transfers, which could change or be reinterpreted to make it difficult or impossible for us to comply.Risk factors (Item 1A)