| Stage | AMZN | % of rev | SHOP | % of rev | Gap · A − B |
|---|---|---|---|---|---|
| Revenue | $202B | 100.00% | $3.7B | 100.00% | AMZN ×53.97 |
| Gross profit | $77.4B | 38.31% | $1.8B | 47.59% | SHOP +9.3pp |
| Operating income | $28.1B | 13.90% | $568M | 15.18% | SHOP +1.3pp |
| Pre-tax income | $26.9B | 13.31% | $499M | 13.34% | 0.0pp |
| Net income | $20.7B | 10.24% | $462M | 12.35% | SHOP +2.1pp |
| Stage | AMZN | SHOP | Gap · A − B |
|---|---|---|---|
| Revenue | $202B100.00% | $3.7B100.00% | AMZN ×53.97 |
| Gross profit | 38.31%$77.4B | 47.59%$1.8B | SHOP +9.3pp |
| Operating income | 13.90%$28.1B | 15.18%$568M | SHOP +1.3pp |
| Pre-tax income | 13.31%$26.9B | 13.34%$499M | 0.0pp |
| Net income |
| 10.24%$20.7B |
| 12.35%$462M |
| SHOP +2.1pp |
AMZN · AXP 10-KFeb 6 '26
“There are many examples of how we work with partners, including: issuing cards under cobrand arrangements with other corporations and institutions (e.g., Delta Air Lines (Delta), Marriott International, British Airways and Hilton Worldwide Holdings); providing greater value to our Card Members (e.g., Amex Offers and statement credits for purchases with partners); offering innovative ways for our Card Members to earn and use points with our merchants (e.g., Pay with Points at Amazon.com);”
SHOP 10-KFeb 11 '26
“Cost of merchant solutions primarily consists of costs that we incur when transactions are processed using Shopify Payments, such as credit card network fees (charged by credit card providers such as Visa, Mastercard and American Express) as well as third-party processing fees.”
AMZN · ROKU 10-KFeb 13 '26
“Amazon, Best Buy, Target, and Walmart in total accounted for 81% of our Devices revenue for each of the years ended December 31, 2025 and 2024.”
SHOP · ROKU 10-KFeb 13 '26
“Many of our action ads are in partnership with companies such as Walmart, Shopify, and Instacart that connect their products with viewers and provide enhanced targeting and closed-loop measurement.”
AMZN · AFRM 10-KAug 27 '26
“GMV attributable to Amazon represented 22% of total GMV for the year ended June 30, 2026, compared to 22% and 21% for the same period in 2025 and 2024, respectively.”
SHOP · AFRM 10-KAug 27 '26
“In addition, as we did when we initially formed our partnership with Shopify and when we entered into the Amended and Restated Installment Financing Services Agreement with Amazon, we may issue additional shares of our Class A common stock or securities convertible into shares of Class A common stock as a means of initiating, developing, strengthening or preserving key commercial partner relationships.”
AMZN · LUCY 10-KMar 25 '26
“For the year ended December 31, 2025, approximately 51% of sales were processed on our online store (Lucyd.co), 40% on Amazon.com, and 8% through reseller partners, with approximately 1% of our net revenues generated from Lucyd "Pro" app subscriptions.”
SHOP · LUCY 10-KMar 25 '26
“We also offer two affiliate platforms via Awin and Shopify for peer-driven sales.”
AMZN · NXGL 10-KMar 31 '26
“We rely heavily on the Amazon and Shopify marketplaces for the sales and distribution of our consumer products to our end consumers”
SHOP · NXGL 10-KMar 31 '26
“We rely heavily on the Amazon and Shopify marketplaces for the sales and distribution of our consumer products to our end consumers”