AMZN vs NVDA
How Amazon.com, Inc. and NVIDIA Corporation compare on business model, dividends and risk — the structural picture, in plain English.
| AMZN | NVDA | |
|---|---|---|
| Sector | Consumer Discretionary | Technology |
| Industry | Internet Retail | Semiconductors |
| Headquarters | Seattle, Washington, USA | Santa Clara, California, USA |
| Founded | 1994 | 1993 |
| Pays a dividend | No | Yes |
| Volatility | Higher than the market | Much higher than the market |
What each company does
Amazon.com, Inc. (AMZN)
Amazon runs the largest online retail marketplace in the West, but its profits are driven disproportionately by Amazon Web Services (AWS), the leading cloud platform. A fast-growing advertising business and the Prime subscription round out the model.
NVIDIA Corporation (NVDA)
Nvidia designs the graphics processors (GPUs) that power both gaming and, far more importantly for its valuation, the data-center accelerators at the heart of the AI boom. Its CUDA software platform locks developers into its hardware.
From the latest 10-K filings
| Metric | AMZNFY 2025, ended Dec 31, 202510-K filed Feb 6, 2026 | NVDAFY 2026, ended Jan 25, 202610-K filed Feb 25, 2026 |
|---|---|---|
| Revenue | $716.9B | $215.9B |
| Net income | $77.7B | $120.1B |
| Operating cash flow | $139.5B | $102.7B |
| Source | AMZN 10-K on EDGAR ↗ | NVDA 10-K on EDGAR ↗ |
Amazon’s fiscal 2025 revenue ($716.9B) was 3.3× NVIDIA’s fiscal 2026 revenue ($215.9B). The fiscal years differ (AMZN’s ended Dec 31, 2025, NVDA’s ended Jan 25, 2026), so the two columns cover different periods.
As reported to the SEC for each company’s own fiscal year; not a valuation or forecast.
Dividends
NVDA pays a dividend; AMZN does not.
AMZN: Amazon does not pay a dividend. It reinvests cash into logistics, cloud and new bets rather than returning it to shareholders.
NVDA: Pays a token quarterly dividend that is tiny relative to the share price — dividends are not part of the investment case here.
Risk & volatility
Historically, AMZN has been the steadier of the two: AMZN is higher than the market (beta band ~1.1–1.3) while NVDA is much higher than the market (beta band ~1.5+). These are long-run tendencies, not live figures.
Frequently asked
Does AMZN or NVDA pay a dividend?
NVDA pays a dividend; AMZN does not. Yields change with price, so check current figures in the app.
Is AMZN or NVDA more volatile?
Historically, AMZN has been the steadier of the two — AMZN is "higher than the market" and NVDA is "much higher than the market" versus the broad market. These are long-run tendencies, not live figures.
More comparisons
Track AMZN, NVDA and everything else in one place
Tradune runs live risk, dividend and insider analytics across your whole portfolio. Free for everyone right now · no card · nothing to buy
Comparison is for educational purposes only and is not investment advice or a recommendation to buy or sell AMZN or NVDA. Company profiles reflect long-term, structural facts; volatility bands are approximate historical tendencies, not live data. Always do your own research.