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Amazon AMZN

Public company. Consumer Discretionary. Based in Seattle, Washington.

Price
Revenue (FY2025) $716.92B
Revenue growth 12.4%
Gross margin 50.3%
Operating margin 11.2%
Net margin 10.8%
Free cash flow $7.70B
Founded 1994
Employees 1,540,000
Website amazon.com/
Investor relations IR site →
SEC EDGAR All filings →
Financials
Annual · FY2025 · source: SEC EDGAR · split-adjusted
Revenue
Net income
Free cash flow
EPS
Income statement FY2025FY2024FY2023FY2022FY2021FY2020
Revenue $716.92B$637.96B$574.78B$513.98B$469.82B$386.06B
Cost of revenue $356.41B$326.29B$304.74B$288.83B$272.34B$233.31B
Gross margin 50.3%48.9%47.0%43.8%42.0%39.6%
Operating income $79.97B$68.59B$36.85B$12.25B$24.88B$22.90B
Operating margin 11.2%10.8%6.4%2.4%5.3%5.9%
Pretax income $97.31B$68.61B$37.56B-$5.94B$38.15B$24.18B
Income tax $19.09B$9.27B$7.12B-$3.22B$4.79B$2.86B
Net income $77.67B$59.25B$30.43B-$2.72B$33.36B$21.33B
Net margin 10.8%9.3%5.3%-0.5%7.1%5.5%
EPS (diluted) $7.17$5.53$2.90$-0.27$3.24$2.09
EPS (basic) $7.29$5.66$2.95$-0.27$3.30$2.13
Shares (diluted) 10.83B10.72B10.49B10.19B10.30B10.20B
Shares (basic) 10.66B10.47B10.30B10.19B10.12B10.01B
Balance sheet FY2025FY2024FY2023FY2022FY2021FY2020
Total assets $818.04B$624.89B$527.85B$462.68B$420.55B$321.19B
Cash & equivalents $86.81B$78.78B$73.39B$53.89B$36.22B$42.12B
Stockholders' equity $411.06B$285.97B$201.88B$146.04B$138.25B$93.40B
Cash flow FY2025FY2024FY2023FY2022FY2021FY2020
Operating cash flow $139.51B$115.88B$84.95B$46.75B$46.33B$66.06B
Capital expenditure $131.82B$83.00B$52.73B$63.65B$61.05B$40.14B
Free cash flow $7.70B$32.88B$32.22B-$16.89B-$14.73B$25.92B
Income statement TTMQ1 FY26Q4 FY25Q3 FY25Q2 FY25Q1 FY25Q4 FY24Q3 FY24Q2 FY24
Revenue $742.78B$181.52B$213.39B$180.17B$167.70B$155.67B$187.79B$158.88B$147.98B
Cost of revenue $366.90B$87.46B$109.96B$88.67B$80.81B$76.98B$98.89B$80.98B$73.78B
Gross margin 50.6%51.8%48.5%50.8%51.8%50.6%47.3%49.0%50.1%
Operating income $85.42B$23.85B$24.98B$17.42B$19.17B$18.41B$21.20B$17.41B$14.67B
Operating margin 11.5%13.1%11.7%9.7%11.4%11.8%11.3%11.0%9.9%
Pretax income $115.47B$39.83B$26.61B$28.17B$20.86B$21.68B$22.35B$18.04B$15.24B
Income tax $24.09B$9.56B$4.95B$6.91B$2.68B$4.55B$2.33B$2.71B$1.77B
Net income $79.07B$30.25B$9.47B$21.19B$18.16B$17.13B$20.00B$15.33B$13.48B
Net margin 10.6%16.7%4.4%11.8%10.8%11.0%10.7%9.6%9.1%
EPS (diluted) $8.36$2.78$1.95$1.95$1.68$1.59$1.86$1.43$1.26
EPS (basic) $8.49$2.82$1.98$1.98$1.71$1.62$1.90$1.46$1.29
Shares (diluted) 10.85B10.87B10.86B10.85B10.81B10.79B10.77B10.73B10.71B
Shares (basic) 10.69B10.74B10.71B10.67B10.64B10.60B10.55B10.50B10.45B
Cash flow TTMQ1 FY26Q4 FY25Q3 FY25Q2 FY25Q1 FY25Q4 FY24Q3 FY24Q2 FY24
Operating cash flow $122.92B$26.03B$28.85B$35.52B$32.52B$17.02B$45.64B$25.97B$25.28B
Capital expenditure $112.28B$44.20B$796.0M$35.09B$32.18B$25.02B$27.83B$22.62B$17.62B
Free cash flow $10.64B-$18.17B$28.05B$430.0M$332.0M-$8.00B$17.80B$3.35B$7.66B
Ratios & metrics
source: SEC EDGAR · quarterly on a trailing-twelve-month basis
Profitability FY2025FY2024FY2023FY2022FY2021FY2020
Gross margin 50.3%48.9%47.0%43.8%42.0%39.6%
Operating margin 11.2%10.8%6.4%2.4%5.3%5.9%
EBITDA margin 20.3%19.0%14.9%10.5%12.6%12.5%
Net margin 10.8%9.3%5.3%-0.5%7.1%5.5%
Returns FY2025FY2024FY2023FY2022FY2021FY2020
Return on equity 18.9%20.7%15.1%-1.9%24.1%22.8%
Return on assets 9.5%9.5%5.8%-0.6%7.9%6.6%
Return on invested capital 15.9%21.5%14.4%3.2%12.4%17.9%
Return on capital employed 13.3%15.4%10.2%4.0%8.9%11.8%
Liquidity FY2025FY2024FY2023FY2022FY2021FY2020
Current ratio 1.051.061.050.941.141.05
Quick ratio 0.880.870.840.720.910.86
Cash ratio 0.400.440.440.350.250.33
Working capital $11.08B$11.44B$7.43B-$8.60B$19.31B$6.35B
Leverage FY2025FY2024FY2023FY2022FY2021FY2020
Debt to equity 0.200.240.390.590.540.66
Debt to assets 0.100.110.150.190.180.19
Net debt -$5.67B-$10.39B$5.68B$32.04B$37.77B$19.28B
Net debt / EBITDA -0.04-0.090.070.590.640.40
Interest coverage 35.2×28.5×11.6×5.2×13.8×13.9×
Financial leverage 1.992.192.613.173.043.44
Efficiency FY2025FY2024FY2023FY2022FY2021FY2020
Asset turnover 0.881.021.091.111.121.20
Inventory turnover 9.309.549.158.408.349.80
Receivables turnover 10.5911.5011.0012.1314.2815.73
Days sales outstanding 34 days32 days33 days30 days26 days23 days
Days inventory outstanding 39 days38 days40 days43 days44 days37 days
Days payables outstanding 125 days106 days102 days101 days105 days113 days
Cash flow FY2025FY2024FY2023FY2022FY2021FY2020
Free cash flow $7.70B$32.88B$32.22B-$16.89B-$14.73B$25.92B
Free cash flow margin 1.1%5.2%5.6%-3.3%-3.1%6.7%
Income quality (CFO / net income) 1.801.962.79-17.181.393.10
Capex to revenue 18.4%13.0%9.2%12.4%13.0%10.4%
Per share FY2025FY2024FY2023FY2022FY2021FY2020
Revenue per share $67.28$60.91$55.78$50.44$46.44$38.59
Book value per share $38.58$27.31$19.59$14.33$13.66$9.34
Cash per share $8.15$7.52$7.12$5.29$3.58$4.21
Free cash flow per share $0.72$3.14$3.13$-1.66$-1.46$2.59
Growth FY2025FY2024FY2023FY2022FY2021FY2020
Revenue growth (YoY) 12.4%11.0%11.8%9.4%21.7%
Net income growth (YoY) 31.1%94.7%1217.7%-108.2%56.4%
EPS growth (YoY) 28.8%91.9%1192.6%-108.2%54.9%
Profitability Q1 FY26Q4 FY25Q3 FY25Q2 FY25Q1 FY25Q4 FY24Q3 FY24Q2 FY24
Gross margin 50.6%50.3%50.0%49.6%49.2%48.9%48.4%48.0%
Operating margin 11.5%11.2%11.0%11.4%11.0%10.8%9.8%9.0%
EBITDA margin 19.6%18.9%20.0%20.1%19.5%19.0%18.0%17.2%
Net margin 10.6%9.2%11.1%10.5%10.1%9.3%8.0%7.4%
Returns Q1 FY26Q4 FY25Q3 FY25Q2 FY25Q1 FY25Q4 FY24Q3 FY24Q2 FY24
Return on equity 17.9%16.0%20.7%21.2%21.6%20.7%19.2%18.8%
Return on assets 8.6%8.1%10.5%10.4%10.3%9.5%8.5%8.0%
Return on invested capital 14.2%15.9%17.0%18.9%19.8%21.5%19.8%18.8%
Return on capital employed 12.2%13.3%14.3%15.4%15.3%15.4%14.3%13.7%
Liquidity Q1 FY26Q4 FY25Q3 FY25Q2 FY25Q1 FY25Q4 FY24Q3 FY24Q2 FY24
Current ratio 1.181.051.011.021.051.061.091.10
Quick ratio 1.010.880.800.810.840.870.870.88
Cash ratio 0.470.400.340.310.380.440.470.45
Working capital $38.40B$11.08B$1.67B$4.50B$8.47B$11.44B$14.31B$15.13B
Leverage Q1 FY26Q4 FY25Q3 FY25Q2 FY25Q1 FY25Q4 FY24Q3 FY24Q2 FY24
Debt to equity 0.310.200.180.200.230.240.270.31
Debt to assets 0.150.100.090.100.110.110.120.13
Net debt $33.57B-$5.67B-$198.0M$9.36B$2.64B-$10.39B-$4.05B$2.04B
Net debt / EBITDA 0.23-0.040.000.070.02-0.09-0.040.02
Interest coverage 33.7×35.2×35.2×34.2×31.1×28.5×23.8×19.8×
Financial leverage 2.071.991.972.042.102.192.262.35
Efficiency Q1 FY26Q4 FY25Q3 FY25Q2 FY25Q1 FY25Q4 FY24Q3 FY24Q2 FY24
Asset turnover 0.810.880.950.981.011.021.061.09
Inventory turnover 10.049.308.328.279.229.548.869.21
Receivables turnover 9.8310.5911.3011.6711.9911.5012.0112.06
Days sales outstanding 37 days34 days32 days31 days30 days32 days30 days30 days
Days inventory outstanding 36 days39 days44 days44 days40 days38 days41 days40 days
Days payables outstanding 124 days125 days112 days106 days99 days106 days96 days95 days
Cash flow Q1 FY26Q4 FY25Q3 FY25Q2 FY25Q1 FY25Q4 FY24Q3 FY24Q2 FY24
Free cash flow $10.64B$20.81B$10.56B$13.48B$20.81B$32.88B$42.95B$48.34B
Free cash flow margin 1.4%2.9%1.5%2.0%3.2%5.2%6.9%8.0%
Income quality (CFO / net income) 1.551.731.711.721.731.962.262.43
Capex to revenue 15.1%13.0%17.4%16.1%14.3%13.0%11.2%9.9%
Per share Q1 FY26Q4 FY25Q3 FY25Q2 FY25Q1 FY25Q4 FY24Q3 FY24Q2 FY24
Revenue per share $69.48$67.28$65.12$63.37$61.78$60.91$59.49$58.22
Book value per share $41.34$38.58$34.82$31.57$29.06$27.31$24.86$22.78
Cash per share $9.52$8.15$6.30$5.46$6.29$7.52$7.20$6.86
Free cash flow per share $1.00$1.95$0.99$1.28$1.98$3.14$4.12$4.66
Growth Q1 FY26Q4 FY25Q3 FY25Q2 FY25Q1 FY25Q4 FY24Q3 FY24Q2 FY24
Revenue growth (YoY) 14.2%12.4%11.5%10.9%10.1%11.0%11.9%12.3%
Net income growth (YoY) 19.9%11.3%53.4%59.0%75.0%94.7%148.4%239.8%
EPS growth (YoY) 35.4%29.0%51.2%56.7%72.3%91.5%144.6%236.2%
What does Amazon do?
Visit website →
AI InfrastructureAI Data CenterAI ChipFoundation ModelGenerative AIAgentic AI

Amazon.com is a global technology and retail company operating across e-commerce, cloud infrastructure (Amazon Web Services), digital advertising, subscription services (Prime), physical stores, hardware (Kindle, Echo, Fire), and a growing portfolio of AI products and services. The business reports across three segments: North America, International, and AWS.

Amazon Web Services is the largest hyperscale cloud platform globally by revenue, and the primary engine of operating income for Amazon overall. AWS provides compute (EC2, including GPU-accelerated instances on NVIDIA and AMD silicon and AWS's own Trainium and Inferentia chips), storage (S3), databases, networking, and an expanding portfolio of AI and machine learning services. Amazon Bedrock provides API access to foundation models from Anthropic, Meta (Llama), Mistral, Cohere, Stability AI, and Amazon's own Titan and Nova model families. The Anthropic partnership, including multi-billion-dollar investment commitments, gives AWS preferential distribution rights for Claude models and positions Bedrock as the cloud anchor for non-OpenAI foundation models.

The retail business operates Amazon's first-party online stores and Marketplace platform for third-party sellers. Third-party seller services (which include fulfillment via Fulfillment by Amazon) have grown to represent more than half of unit volume on the marketplace. The combination of first-party retail, third-party marketplace, fulfillment infrastructure, and Prime subscription has built one of the largest consumer logistics operations in history.

Amazon Advertising has emerged as one of the largest digital advertising platforms globally, ranking third behind Google and Meta. Advertising on Amazon properties (search results, product detail pages, Prime Video) is highly performance-attributable because the ad and the transaction occur on the same platform, a structural advantage that has compounded the segment's growth.

Prime, the subscription service, bundles free shipping, video streaming (Prime Video, which licenses major sports rights including NFL Thursday Night Football and includes Amazon Studios original content), music streaming, gaming benefits, and grocery delivery. Prime membership has become a foundational customer relationship that drives retention and frequency across the rest of the business.

Amazon's AI strategy combines three layers: infrastructure (AWS compute including custom Trainium and Inferentia silicon for AI workloads, alongside merchant NVIDIA and AMD GPUs), platform (Bedrock, SageMaker, expanding AI agents and tools), and application (Alexa with generative AI integration, Q for code and business intelligence, embedded AI across the retail and advertising businesses). The custom silicon strategy is a direct play to reduce structural dependence on NVIDIA for AWS AI workloads.

The principal regulatory exposures include ongoing antitrust review of Amazon's marketplace practices (FTC litigation in the United States, regulatory actions in the European Union), labor relations across the fulfillment workforce, and data and competition regulation around the dual role as marketplace operator and first-party retailer.

Founders
Jeff Bezos stepped down as CEO 2021
Founder, Executive Chairman

Princeton-educated computer scientist and former hedge fund executive at D.E. Shaw. Founded Amazon in 1994 in Seattle as an online bookstore. Served as CEO until July 2021, when Andy Jassy succeeded him. Continues as Executive Chairman and the company's largest individual shareholder.

Customers
AnthropicMistral AICohereStability AIAppleNetflixDisneyPfizerBMWToyotaFerrariCapital OneGoldman SachsNASAU.S. Department of DefenseU.S. Central Intelligence AgencyAirbnbPinterestSnap

Amazon's customer base spans nearly every category of consumer and enterprise buyer. Consumers shop on Amazon.com properties globally and subscribe to Prime, video streaming, and music services. Third-party sellers on the marketplace include small businesses, mid-market brands, and global enterprises using Amazon as a distribution channel. Advertisers buy Amazon Advertising inventory to reach the same consumer surface. AWS serves nearly the full spectrum of enterprise IT buyers: hyperscale internet companies, Fortune 500 enterprises, AI labs (Anthropic is the anchor reference customer for AWS AI infrastructure), startups, public sector and defense, and developers consuming AWS through the free tier or pay-as-you-go pricing. Healthcare and life sciences have emerged as a major AWS vertical. Automotive customers use AWS for connected-car, autonomy training, and digital services.

Insider transactions · AMZN
Date Insider Role Type Shares Price Value
Jul 1, 2026 Herrington Douglas J CEO Worldwide Amazon Stores Sell 1,000 $239.77 $239,770
Jun 1, 2026 Herrington Douglas J CEO Worldwide Amazon Stores Sell 1,000 $266.19 $266,190
May 22, 2026 Zapolsky David Senior Vice President Sell 9,270 $268.53 $2M
May 21, 2026 Herrington Douglas J CEO Worldwide Amazon Stores Option exercise 7,500
May 21, 2026 Olsavsky Brian T Senior Vice President and CFO Option exercise 9,920
May 21, 2026 Reynolds Shelley Vice President Option exercise 1,820
May 21, 2026 Garman Matthew S CEO Amazon Web Services Option exercise 4,860
May 21, 2026 Jassy Andrew R President and CEO · Director Option exercise 50,000
May 21, 2026 Zapolsky David Senior Vice President Option exercise 9,920
May 21, 2026 Olsavsky Brian T Senior Vice President and CFO Option exercise 5,530
May 21, 2026 Zapolsky David Senior Vice President Option exercise 5,530
May 21, 2026 Garman Matthew S CEO Amazon Web Services Option exercise 1,500
May 21, 2026 Reynolds Shelley Vice President Option exercise 543
May 21, 2026 Jassy Andrew R President and CEO · Director Sell 5,206 $261.95 $1M
May 21, 2026 Herrington Douglas J CEO Worldwide Amazon Stores Option exercise 2,860
See every insider trade on AMZN — unlock with MLQ Pro →

Source: SEC Form 4. Grants, gifts and option exercises show no market value.

Institutional ownership · AMZN

697 institutional holders · $17.9B · 13F, Jun 2026

Holder Shares Value
Assenagon Asset Management S.A. 17,832,409 $4.3B
Handelsbanken Fonder Ab 5,180,597 $1.2B
Wellcome Trust Ltd (The) As Trustee Of The Wellcome Trust 3,300,000 $787M
Cardano Risk Management B.V. 2,909,831 $694M
Czech National Bank 2,786,316 $664M
Pinestone Asset Management Inc. 2,778,800 $662M
Davenport & Co Llc 1,920,943 $458M
Sarasin & Partners Llp 1,918,208 $457M
Pensiondanmark Pensionsforsikringsaktieselskab 1,901,634 $453M
Qrg Capital Management, Inc. 1,602,570 $382M
Aegon Asset Management Uk Plc 1,455,542 $347M
Hyperion Asset Management Ltd 1,227,545 $293M
E. Ohman J:Or Asset Management Ab 816,066 $195M
Congress Asset Management Co 733,843 $175M
Eastern Bank 670,857 $160M
Fisher Funds Management Ltd 597,393 $142M
Gradient Investments Llc 597,018 $142M
Douglas Lane & Associates, Llc 531,483 $127M
Riverbridge Partners Llc 504,618 $120M
Steelpeak Wealth, Llc 490,421 $117M
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Source: SEC Form 13F (latest reported quarter; managers file up to 45 days after quarter-end).

Competitors
Azure is the second-largest hyperscale cloud, the direct competitor to AWS. Microsoft 365 competes with Amazon's enterprise productivity offerings. The Microsoft / OpenAI partnership is the structural counterweight to the Amazon / Anthropic partnership in cloud AI.
Google Cloud competes with AWS, particularly in AI-specific workloads via TPU and Gemini integration. Google Shopping and YouTube compete with Amazon's retail and advertising businesses.
Walmart
Largest U.S. competitor in retail across both physical and digital. Walmart's marketplace, fulfillment investments, and Walmart+ subscription compete directly with Amazon's first-party retail and Prime.
Alibaba
Dominant e-commerce and cloud platform in China; competes with Amazon in international markets, particularly Southeast Asia. Alibaba Cloud is one of the largest non-U.S. cloud platforms.
Shopify
Enables direct-to-consumer commerce outside Amazon's marketplace, providing merchants an alternative to Amazon distribution. Shopify is a structural competitor for merchant attention and a partial substitute for FBA.
OCI has emerged as a meaningful AI cloud competitor, particularly for OpenAI workloads and Stargate. Oracle's enterprise database installed base is a structural advantage in cloud migration.
Frequently asked questions about Amazon
What does Amazon do?
Amazon operates across three reporting segments: North America and International (retail e-commerce, Marketplace, Prime, advertising, physical stores, devices) and AWS (the world's largest hyperscale cloud platform). AWS provides compute, storage, databases, AI/ML services, and an expanding portfolio of foundation models through Amazon Bedrock. Amazon is also one of the largest digital advertising platforms globally, third behind Google and Meta.
Who founded Amazon?
Amazon was founded in 1994 by Jeff Bezos, a former hedge fund executive at D.E. Shaw. Bezos started the company as an online bookstore operating from a garage in Seattle. He served as CEO until July 2021, when Andy Jassy (previously CEO of AWS) succeeded him. Bezos continues as Executive Chairman and is Amazon's largest individual shareholder.
When did Amazon go public?
Amazon went public on the NASDAQ on May 15, 1997, at $18 per share, raising $54 million at a $438 million valuation. The stock has split multiple times since.
What is AWS?
Amazon Web Services (AWS) is the world's largest hyperscale cloud platform, providing compute, storage, databases, networking, AI/ML services, and an expanding portfolio of higher-level services to enterprises and developers globally. AWS generates a substantial majority of Amazon's operating income, making it the most important business inside the parent company by profitability. Anthropic is the anchor AI lab partner of AWS, with multi-billion-dollar investment commitments and preferential distribution for Claude models on Bedrock.
Who are Amazon's main competitors?
In cloud infrastructure, AWS competes with Microsoft (Azure) and Google (Google Cloud). In retail, Amazon competes with Walmart, Target, Alibaba, and increasingly Shopify-enabled direct-to-consumer brands. In digital advertising, Amazon competes with Google and Meta. In AI distribution, the Amazon / Anthropic relationship competes structurally with Microsoft / OpenAI and Google / Gemini. In streaming video, Prime Video competes with Netflix, Disney+, and Apple TV+.
What are Trainium and Inferentia?
Trainium and Inferentia are Amazon's in-house AI accelerator chip families, designed by AWS Annapurna Labs. Trainium targets training workloads; Inferentia targets inference workloads. The chips are deployed in AWS data centers alongside merchant NVIDIA and AMD GPUs. The strategy parallels other hyperscaler custom silicon programs (Google TPU, Microsoft Maia, Meta MTIA) in reducing structural dependence on NVIDIA. Anthropic is a major Trainium customer, with announced commitments to scale Claude training on AWS Trainium clusters.
What is Amazon's relationship with Anthropic?
Amazon has committed billions of dollars in investment to Anthropic across multiple funding rounds. AWS is Anthropic's primary cloud provider, with Claude models trained on AWS Trainium and served through Amazon Bedrock. The relationship is the cloud-AI parallel to Microsoft's relationship with OpenAI: capital, compute, and distribution ties that anchor a frontier model lab to a hyperscale cloud.
MLQ.ai research for AMZN
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MLQ.ai Featured on AMZN
Press releases · AMZN
SEC filings 115 total · EDGAR
Financials 24
10-Q Quarterly report · Mar 31, 2026 Apr 30, 2026 Read →
10-K Annual report · Dec 31, 2025 Feb 06, 2026 Read →
10-Q Quarterly report · Sep 30, 2025 Oct 31, 2025 Read →
10-Q Quarterly report · Jun 30, 2025 Aug 01, 2025 Read →
10-Q Quarterly report · Mar 31, 2025 May 02, 2025 Read →
10-K Annual report · Dec 31, 2024 Feb 07, 2025 Read →
10-Q Quarterly report · Sep 30, 2024 Nov 01, 2024 Read →
10-Q Quarterly report · Jun 30, 2024 Aug 02, 2024 Read →
+16 more financials
Current reports 65
8-K Current report · Items 8.01,9.01 · Jul 09, 2026 Jul 09, 2026 Read →
8-K Current report · Items 8.01,9.01 · Jun 12, 2026 Jun 12, 2026 Read →
8-K Current report · Items 1.01,2.03,9.01 · Jun 08, 2026 Jun 10, 2026 Read →
8-K Current report · Items 5.07 · May 20, 2026 May 22, 2026 Read →
8-K Current report · Items 2.02,9.01 · Apr 29, 2026 Apr 29, 2026 Read →
8-K Current report · Items 7.01,9.01 · Apr 14, 2026 Apr 14, 2026 Read →
8-K Current report · Items 7.01,9.01 · Apr 09, 2026 Apr 09, 2026 Read →
8-K Current report · Items 8.01,9.01 · Mar 16, 2026 Mar 16, 2026 Read →
+57 more current reports
Prospectuses & registrations 16
424B5 Prospectus Jul 08, 2026 Read →
424B5 Prospectus Jul 07, 2026 Read →
424B5 Prospectus Jun 10, 2026 Read →
424B5 Prospectus Jun 08, 2026 Read →
424B5 Prospectus Mar 13, 2026 Read →
424B5 Prospectus Mar 12, 2026 Read →
424B5 Prospectus Mar 11, 2026 Read →
424B5 Prospectus Mar 10, 2026 Read →
+8 more prospectuses & registrations
Proxies 6
DEF 14A Proxy statement · May 20, 2026 Apr 09, 2026 Read →
DEF 14A Proxy statement · May 21, 2025 Apr 10, 2025 Read →
DEF 14A Proxy statement · May 22, 2024 Apr 11, 2024 Read →
DEF 14A Proxy statement Apr 13, 2023 Read →
DEF 14A Proxy statement · May 25, 2022 Apr 14, 2022 Read →
DEF 14A Proxy statement · May 26, 2021 Apr 15, 2021 Read →
Ownership 4
SC 13G Beneficial ownership (13G) Feb 08, 2022 Read →
SC 13G Beneficial ownership (13G) Feb 02, 2022 Read →
SC 13G Beneficial ownership (13G) Feb 02, 2022 Read →
SC 13G Beneficial ownership (13G) Feb 11, 2021 Read →
Form Description Filed Link
8-K Current report · Items 8.01,9.01 Jul 09, 2026 Read → SEC ↗
424B5 Prospectus Jul 08, 2026 Read → SEC ↗
424B5 Prospectus Jul 07, 2026 Read → SEC ↗
8-K Current report · Items 8.01,9.01 Jun 12, 2026 Read → SEC ↗
424B5 Prospectus Jun 10, 2026 Read → SEC ↗
8-K Current report · Items 1.01,2.03,9.01 Jun 10, 2026 Read → SEC ↗
424B5 Prospectus Jun 08, 2026 Read → SEC ↗
8-K Current report · Items 5.07 May 22, 2026 Read → SEC ↗
10-Q Quarterly report Apr 30, 2026 Read → SEC ↗
8-K Current report · Items 2.02,9.01 Apr 29, 2026 Read → SEC ↗
8-K Current report · Items 7.01,9.01 Apr 14, 2026 Read → SEC ↗
DEF 14A Proxy statement Apr 09, 2026 Read → SEC ↗
8-K Current report · Items 7.01,9.01 Apr 09, 2026 Read → SEC ↗
8-K Current report · Items 8.01,9.01 Mar 16, 2026 Read → SEC ↗
8-K Current report · Items 8.01,9.01 Mar 13, 2026 Read → SEC ↗
424B5 Prospectus Mar 13, 2026 Read → SEC ↗
424B5 Prospectus Mar 12, 2026 Read → SEC ↗
424B5 Prospectus Mar 11, 2026 Read → SEC ↗
424B5 Prospectus Mar 10, 2026 Read → SEC ↗
8-K Current report · Items 1.01,7.01,8.01,9.01 Feb 27, 2026 Read → SEC ↗
10-K Annual report Feb 06, 2026 Read → SEC ↗
8-K Current report · Items 2.02,9.01 Feb 05, 2026 Read → SEC ↗
8-K Current report · Items 8.01,9.01 Nov 20, 2025 Read → SEC ↗
424B5 Prospectus Nov 19, 2025 Read → SEC ↗
424B5 Prospectus Nov 17, 2025 Read → SEC ↗
10-Q Quarterly report Oct 31, 2025 Read → SEC ↗
8-K Current report · Items 2.02,9.01 Oct 30, 2025 Read → SEC ↗
10-Q Quarterly report Aug 01, 2025 Read → SEC ↗
8-K Current report · Items 2.02,9.01 Jul 31, 2025 Read → SEC ↗
8-K Current report · Items 5.07 May 22, 2025 Read → SEC ↗
10-Q Quarterly report May 02, 2025 Read → SEC ↗
8-K Current report · Items 2.02,9.01 May 01, 2025 Read → SEC ↗
DEF 14A Proxy statement Apr 10, 2025 Read → SEC ↗
8-K Current report · Items 7.01,9.01 Apr 10, 2025 Read → SEC ↗
10-K Annual report Feb 07, 2025 Read → SEC ↗
8-K Current report · Items 2.02,9.01 Feb 06, 2025 Read → SEC ↗
10-Q Quarterly report Nov 01, 2024 Read → SEC ↗
8-K Current report · Items 2.02,9.01 Oct 31, 2024 Read → SEC ↗
10-Q Quarterly report Aug 02, 2024 Read → SEC ↗
8-K Current report · Items 2.02,9.01 Aug 01, 2024 Read → SEC ↗
8-K Current report · Items 5.07 May 24, 2024 Read → SEC ↗
8-K Current report · Items 5.02 May 14, 2024 Read → SEC ↗
8-K Current report · Items 5.03,9.01 May 03, 2024 Read → SEC ↗
10-Q Quarterly report May 01, 2024 Read → SEC ↗
8-K Current report · Items 2.02,9.01 Apr 30, 2024 Read → SEC ↗
DEF 14A Proxy statement Apr 11, 2024 Read → SEC ↗
8-K Current report · Items 7.01,9.01 Apr 11, 2024 Read → SEC ↗
10-K Annual report Feb 02, 2024 Read → SEC ↗
8-K Current report · Items 2.02,9.01 Feb 01, 2024 Read → SEC ↗
8-K Current report · Items 1.01,1.02,2.03,9.01 Nov 01, 2023 Read → SEC ↗
115 filings on file — see every 10-K, 10-Q, 8-K and proxy. Unlock with MLQ Pro →
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The Power Delivery GapReport
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The Power Delivery Gap

The interconnection queue holds more than 1,100 GW of power. The grid delivers renewables quickly and firm gas slowly, if at all. A model of what the US grid can actually deliver, and when, built on MLQ's queue and generator data.

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