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Ecommerce Statistics 2026: US Online Sales, Holiday Spending, Returns and Marketplaces

Konstantine Christofakis

November 11, 2026

US retail ecommerce sales reached $1.234 trillion in 2025, up 5.4% from 2024, and made up 16.4% of all retail sales, according to the US Census Bureau. Growth then sped up: second quarter 2026 online sales were $340.2 billion, up 12.2% from a year earlier and 17.1% of retail. Shoppers spent a record $257.8 billion online over the 2025 holiday season, and retailers expected 19.3% of online sales to come back as returns. Figures were last checked on November 9, 2026. The Census Bureau releases third quarter 2026 data on November 19, 2026.

US ecommerce sales

The Census Bureau's quarterly retail ecommerce report is the official count. Its figures are adjusted for seasonal swings but not for inflation, and they are revised over time.

  • 2025 total: $1,233.7 billion, up 5.4% from 2024. Total retail sales grew 3.5%.
  • Share of retail, 2025: 16.4%, up from 16.1% in 2024.
  • Fourth quarter 2025, not seasonally adjusted: $365.2 billion, 18.3% of retail sales in the holiday quarter.
  • First quarter 2026: $327.9 billion seasonally adjusted, up 10.1% year over year.
  • Second quarter 2026: $340.2 billion seasonally adjusted, up 3.8% from the first quarter and 12.2% from a year earlier, while total retail grew 6.7%. Ecommerce was 17.1% of retail.

That 12.2% is roughly double the pace of 2025, when the latest revised figures show year-over-year growth between 5.0% and 5.9% in each of the second, third and fourth quarters. The Census Bureau has said revised estimates will appear in its November 19 release, so treat the 2026 quarters as preliminary.

Holiday season 2025

Adobe Analytics measures online spending across a large panel of US retail sites. Its 2025 holiday season covers November 1 to December 31.

  • Total holiday spending: $257.8 billion, up 6.8% from 2024 and a record.
  • Cyber Week (Thanksgiving through Cyber Monday): $44.2 billion, up 7.7%.
  • Cyber Monday: $14.25 billion, up 7.1%, the biggest online shopping day of the year.
  • Black Friday: $11.8 billion, up 9.1%. Thanksgiving Day: $6.4 billion.
  • Mobile: 56.4% of holiday online spending happened on a smartphone, up from 54.5% in 2024.
  • Buy now, pay later: $20.0 billion, up 9.8%.
  • AI referrals: traffic to retail sites from generative AI sources rose 693.4% compared with the 2024 holidays.

Adobe counted 25 days in the 2025 season when shoppers spent more than $4 billion online, up from 18 days in 2024.

Marketplaces and platforms

These companies report different measures, so the numbers below should not be ranked against each other. Gross merchandise volume (GMV) counts the value of goods sold. Amazon's seller services line counts the fees it collects.

  • Amazon: independent sellers make up more than 60% of sales in Amazon's store. Amazon collected $172.2 billion in third-party seller services fees in 2025.
  • Shopify: merchants processed $378.4 billion in GMV in 2025, up 29%, according to Shopify's annual report.
  • Walmart: global ecommerce sales grew 23% in the quarter ended July 31, 2026. Walmart US ecommerce grew 24%, and marketplace net sales grew more than 50%.
  • TikTok Shop: an estimated $15.1 billion in US GMV in 2025, up 68% (Momentum Works estimate; TikTok does not publish this figure). See our TikTok Shop statistics for detail.

Returns

The National Retail Federation and Happy Returns, a UPS company, survey retailers and consumers each year.

  • Total returns, 2025: retailers estimated $849.9 billion in returned merchandise, 15.8% of annual sales.
  • 2024 comparison: returns totaled $890 billion, 16.9% of sales.
  • Online return rate: an estimated 19.3% of online sales would be returned in 2025.
  • Fraud: retailers estimated that 9% of all returns were fraudulent.
  • Shopper expectations: 82% of consumers said free returns were an important factor when buying online.

Worked example: what a 19.3% return rate does to a $2 million seller

Illustrative numbers: a seller with $2,000,000 in online sales, returning at the NRF's 19.3% estimate.

  • Refunds to record: $2,000,000 × 19.3% = $386,000
  • If half of the returned units come back unsellable: $386,000 × 50% = $193,000 at selling price
  • At a cost of goods of 40% of selling price, inventory to write off: $193,000 × 40% = $77,200

The refund reverses revenue. The unsellable unit is a separate loss that sits in inventory until someone writes it off. Sellers who book only the refund keep phantom inventory on the balance sheet, which overstates assets and understates cost of goods.

Checkout and cart abandonment

Baymard Institute averages 50 published studies of online cart abandonment. Its documented average is 70.22%, with individual studies ranging from 55% to 84%. Baymard notes that much of that abandonment comes from shoppers who were only browsing or comparing prices, which no checkout redesign will fix.

What these numbers mean for your books

Faster ecommerce growth and higher online return rates both show up in the same place: the gap between what sold and what stayed sold. A few points for anyone closing the books on a multichannel business:

  1. Book returns by the order they reverse. A return in January for a December order changes December's margin. Our piece on returns by order date explains the timing problem.
  2. Holiday cash arrives late. Marketplace payouts lag the sale, so a record Cyber Week can look like a cash shortfall in early December. See holiday cash flow and settlement timing.
  3. More channels, more sales tax exposure. Growth on a new marketplace can push you past a state's economic nexus threshold. Start with our state-by-state nexus primer.

ConnectBooks syncs sales, fees and refunds from Amazon, Shopify, Walmart, eBay, TikTok Shop and Temu into QuickBooks or Xero, with each payout matched to the bank deposit. See the full list of integrations.

Frequently asked questions

How big is US ecommerce?

US retail ecommerce sales were $1,233.7 billion in 2025, according to the Census Bureau, up 5.4% from 2024. Second quarter 2026 sales were $340.2 billion on a seasonally adjusted basis, up 12.2% from a year earlier.

What share of US retail sales happen online?

Ecommerce made up 16.4% of US retail sales in 2025 and 17.1% in the second quarter of 2026, on a seasonally adjusted basis. In the fourth quarter of 2025, before seasonal adjustment, the share reached 18.3% because of holiday shopping.

What is the average ecommerce return rate?

The NRF and Happy Returns estimated that 19.3% of online sales would be returned in 2025, compared with 15.8% of all retail sales. That works out to roughly one online sale in five.

What is the average cart abandonment rate?

Baymard Institute's documented average is 70.22%, based on 50 studies. That means about seven in ten online carts are abandoned before purchase.

Sources

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