---
title: "Amcor: Business Model & Revenue Engine"
description: "Amcor revenue by business segment and geography from its fiscal 2025 Form 10-K, with each part's share, growth and profitability explained."
canonical: https://www.getswoopr.com/stocks/companies/amcor/business-model/
source: "Swoopr Investment: https://www.getswoopr.com"
---

# Amcor: Business Model & Revenue Engine



## Direct Answer

Amcor reports revenue across 2 business segments in its fiscal 2025 Form 10-K. Flexibles is the largest, with $10.9 billion of revenue (72% of the total), followed by Rigid Packaging at $4.1 billion (28%).

## How Does Amcor Make Money?

Flexibles supplies 72% of revenue, so Amcor's results move mostly with that one business; the others matter more for diversification than for the headline number. Between fiscal 2024 and 2025, Rigid Packaging grew fastest (+25.1%) and Flexibles slowest (+5.2%), so the revenue mix tilts toward Rigid Packaging while that gap lasts.

| Segment | FY2025 revenue | FY2024 revenue | Share of revenue | Change |
| --- | --- | --- | --- | --- |
| Flexibles | $10.9 billion | $10.3 billion | 72.4% | 5.2% |
| Rigid Packaging | $4.1 billion | $3.3 billion | 27.6% | 25.1% |

![Bar chart of Amcor revenue by segment for fiscal 2025: Flexibles 72.4%, Rigid Packaging 27.6%.](https://www.getswoopr.com/images/charts/amcor-business-model-segment-mix.webp)
*Amcor revenue by segment as a share of total revenue, from the table above. The largest is highlighted. Select the chart to open it full size.*

## Where Does Amcor's Revenue Come From?

Regions follow the definitions in the filing; most companies assign revenue by customer location.

| Region | FY2025 revenue | FY2024 revenue | Share of revenue | Change |
| --- | --- | --- | --- | --- |
| North America | $7.2 billion | $6.6 billion | 47.9% | 9.0% |
| Europe | $4.3 billion | $3.5 billion | 28.8% | 23.2% |
| Latin America | $1.8 billion | $1.9 billion | 11.9% | -6.4% |
| Asia Pacific | $1.7 billion | $1.6 billion | 11.4% | 5.4% |

## What the Segment Figures Do Not Show

The rows above add up to 100% of Amcor's reported revenue for fiscal 2025; the difference is intersegment eliminations, corporate revenue or items the company reports outside its segments. Segment definitions are management's choice and change when a company reorganizes, in which case it restates prior years in the next filing, so a multi-year comparison should use the figures from a single filing. Revenue shows where sales come from, not where profit or cash is earned: a small segment can carry most of the margin.

## Where These Numbers Come From

Every figure on this page is a value Amcor reported in the segment note and revenue disclosures of its Form 10-K filed August 15, 2025 (accession 0001748790-25-000023), read from the SEC's Financial Statement Data Sets. The prior-year column is the comparative figure from that same filing, so it reflects any restatement for a change in segments. Category names are the company's own XBRL labels, lightly reformatted for reading.

Rows that only total other rows (for example a "Products" line beside the individual products) are left out so nothing is counted twice. This page is educational and describes reported history for fiscal 2025; it is not a forecast or a recommendation.

## Frequently Asked Questions

### What are Amcor's business segments?

In its fiscal 2025 Form 10-K, Amcor reports revenue for Flexibles and Rigid Packaging.

### Which part of Amcor brings in the most revenue?

Flexibles, with $10.9 billion of revenue in fiscal 2025, or 72% of the total.

### Where does Amcor report its segment results?

In the segment note to the financial statements in its Form 10-K, most recently filed August 14, 2026, alongside management's discussion of each segment's results.

## References

- [SEC EDGAR: Amcor plc Form 10-K filed August 14, 2026](https://www.sec.gov/Archives/edgar/data/1748790/000174879026000022/amcr-20260630.htm)
- [SEC EDGAR: Amcor plc annual and quarterly filings](https://www.sec.gov/cgi-bin/browse-edgar?action=getcompany&CIK=1748790&type=10-K)
- [SEC: EDGAR application programming interfaces (XBRL frames and submissions data)](https://www.sec.gov/search-filings/edgar-application-programming-interfaces)
- [SEC: Financial Statement Data Sets](https://www.sec.gov/data-research/sec-markets-data/financial-statement-data-sets)

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- [Amcor company dossier](https://www.getswoopr.com/stocks/companies/amcor/)
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**[Swoopr Editorial Team](https://www.getswoopr.com/authors/swoopr-editorial-team/)**



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