For the first time in almost a decade, online retail platform Amazon reported a net loss of 2.7 billion U.S. dollars in 2022. After that, in the fiscal year ending December 31st 2024, the net income amounted to 59.2 billion U.S. dollars. Amazon Web Services Amazon does not rely on retailing alone to generate profits. Its cloud business, AWS, is the one segment raking in steady profits with a 24.6 billion U.S. dollar operating income in the most recently reported year. The annual revenue of the business segment came to 90.3 billion U.S. dollars in 2023. As of the fourth quarter 2023, Amazon Web Services accounted for 31 percent of the global cloud infrastructure service market. Amazon’s other businessesDue to the company’s financial resources, Amazon has the capability to invest in new products and markets, such as online and offline grocery sales. In June 2017, Amazon purchased grocery retailer Whole Foods Market for 13.7 billion U.S. dollars, the company’s most expensive acquisition by far. This acquisition was primarily a move to expand the company's online grocery business, one of the fastest growing online shopping trends in the United States.
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Amazon revenue for the twelve months ending March 31, 2025 was $650.313B, a 10.08% increase year-over-year. Amazon annual revenue for 2024 was $637.959B, a 10.99% increase from 2023. Amazon annual revenue for 2023 was $574.785B, a 11.83% increase from 2022. Amazon annual revenue for 2022 was $513.983B, a 9.4% increase from 2021.
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Amazon net income for the twelve months ending March 31, 2025 was $65.944B, a 74.99% increase year-over-year. Amazon annual net income for 2024 was $59.248B, a 94.73% increase from 2023. Amazon annual net income for 2023 was $30.425B, a 1217.74% decline from 2022. Amazon annual net income for 2022 was $-2.722B, a 108.16% decline from 2021.
From 2004 to 2024, the net revenue of Amazon e-commerce and service sales has increased tremendously. In the fiscal year ending December 31, the multinational e-commerce company's net revenue was almost 638 billion U.S. dollars, up from 575 billion U.S. dollars in 2023.Amazon.com, a U.S. e-commerce company originally founded in 1994, is the world’s largest online retailer of books, clothing, electronics, music, and many more goods. As of 2024, the company generates the majority of it's net revenues through online retail product sales, followed by third-party retail seller services, cloud computing services, and retail subscription services including Amazon Prime. From seller to digital environment Through Amazon, consumers are able to purchase goods at a rather discounted price from both small and large companies as well as from other users. Both new and used goods are sold on the website. Due to the wide variety of goods available at prices which often undercut local brick-and-mortar retail offerings, Amazon has dominated the retailer market. As of 2024, Amazon’s brand worth amounts to over 185 billion U.S. dollars, topping the likes of companies such as Walmart, Ikea, as well as digital competitors Alibaba and eBay. One of Amazon's first forays into the world of hardware was its e-reader Kindle, one of the most popular e-book readers worldwide. More recently, Amazon has also released several series of own-branded products and a voice-controlled virtual assistant, Alexa. Headquartered in North America Due to its location, Amazon offers more services in North America than worldwide. As a result, the majority of the company’s net revenue in 2023 was actually earned in the United States, Canada, and Mexico. In 2023, approximately 353 billion U.S. dollars was earned in North America compared to only roughly 131 billion U.S. dollars internationally.
In the first quarter 2025, Amazon's net income amounted to roughly 17 billion U.S. dollars, down from the previous quarter.
In 2024, the annual operating income of Amazon’s Web Services (AWS) business amounted to approximately 24.9 billion U.S. dollars, up from the previous year. Despite being primarily known as an online retailer, the company's cloud business AWS generated the most operating profit out of all the key operations segments. Being one of the main cloud providers, AWS counts several big tech groups among its spenders – from Netflix to Adobe, and from Sony to X. Amazon’s most challenging business As figures on annual operating income show, Amazon reported negative profit in the international segment over the last three financial years. According to the company itself, this is mainly related to the higher financial risks that running a business brings internationally. Outside of North America, Amazon must comply with multiple government regulations and legal systems, compete with other players, and manage logistics operations where transport infrastructure is still lacking. Amazon’s issues in India Together with China, India is one of the most challenging markets for Amazon. Here, Amazon’s revenue has increased to nearly 222 billion Indian rupees – roughly 2.6 billion U.S. dollars. The consumer base has grown, and Amazon has managed to outdo other competitors in the Indian market. However, the activity of e-commerce giant has been under the scrutiny of institutions and trade unions due to the poor conditions of warehouse workers in Amazon’s facilities.
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Amazon made $40.2 billion from memberships and subscriptions in 2023.
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Amazon.com's annual net income per employee was $38.08 K in fiscal year 2024. The net income per employeeincreased$18.13 Kfrom $19.95 K(in 2023) to $38.08 K (in 2024), representing a 90.85% year-over-year growth.
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Amazon Prime’s growth is what has been most impressive. They have managed to convert millions of customers into loyal subscribers at a very fast rate.
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Amazon reported $78.69B in Gross Profit on Sales for its fiscal quarter ending in March of 2025. Data for Amazon | AMZN - Gross Profit On Sales including historical, tables and charts were last updated by Trading Economics this last June in 2025.
In the United States, the Amazon Prime subscriber share varied depending on their income level in 2024. Amazon consumers that earned between 40,000 and 125,000 U.S. dollars a year were the most likely to have a subscription, with more than 49 percent paying for the platform, a survey revealed.
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Amazon reported $18.4B in Operating Profit for its fiscal quarter ending in March of 2025. Data for Amazon | AMZN - Operating Profit including historical, tables and charts were last updated by Trading Economics this last June in 2025.
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Amazon reported $155.7B in Sales Revenues for its fiscal quarter ending in March of 2025. Data for Amazon | AMZN - Sales Revenues including historical, tables and charts were last updated by Trading Economics this last June in 2025.
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According to the latest Amazon Prime statistics, about 81% of US internet users aged 18 to 34 have a paid Amazon Prime membership.
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Qualitative content analysis was conducted through three data types: annual reports, earnings calls and shareholder meetings, and terms of service agreements or “user contracts.” In addition to these three categories of data, summary statistics of revenues and assets were derived from financial data and leaked internal and court documents were examined. Data were obtained through the firms, from the Security and Exchange Commission’s (SEC) EDGAR system, Wharton WRDS, ToS agreements from firms and through the Internet Archive “Wayback Machine,” and leaked documents from secondary grey literature and Harvard’s “fbarchive.” I apply qualitative content analysis (QCA) as my method of inquiry using Atlas.ti qualitative data analysis software to help code and analyze study data.The categories of textual data are divided into user-targeted ToS agreements and investor-targeted reports. The latter category is divided into annual reports: 10-Ks, annual meetings termed “annual reports,” and earnings calls: follow up calls, 10-Qs, and other quarterly earnings presentations and reports, termed “earnings reports.” I began with conceptual analysis before moving to a relational analysis. I use a hybrid iterative deductive and inductive method of inquiry. I used an open, adaptive, coding process to inductively investigate the data and build a coding system. Financial data were used to summarize asset holdings, market capitalization, and revenue and earnings before interest, taxes, depreciation, and amortization (EBITDA). Financial statements, such as 8-Ks, and leaked internal documents underwent unstructured analysis to search for anomalous data. The structured content analysis approach outlined here was applied to annual reports, earnings calls, and Terms of Service (ToS) data for both cases. A total of 521 documents were reviewed, 268 in the three document categories revealing 22,652 quotations from three primary theme and three concept codes. I used Atlas.ti qualitative data analysis (QDA) software to apply a non-hierarchical coding structure to the data. Three primary theme concepts from the literature were applied to the data: “user,” “data,” and “value,” with variations of these themes used in search terms. These three primary theme concepts were applied in various combinations and new concepts were used after initial analysis. For example, an inductive analysis found that artificial intelligence (AI) was a frequently used relevant concept in the data and a consultation of theory and the literature links the concept to the “value” theme. The resulting adjusted concepts used were “user engagement,” “user data,” and “AI,” with a multitude of related search terms.
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I roundup the latest Amazon Prime statistics which show just how big Amazon Prime has become and will continue to be.
In 2024, Amazon's total consolidated net sales revenue amounted to *** billion U.S. dollars, *** billion U.S. dollars of which were generated through international revenue channels. North America was the biggest operations segment, accumulating nearly *** billion U.S. dollars in net sales during the year. Sales activities Amazon appeals because it sells a wide range of products. Its departments include beauty, clothing, electronics, games and even wine, along with digital products and subscription services. In 2022, Amazon's largest revenue segment was online retail product sales with roughly *** billion U.S. dollars in global net sales. Retail third-party seller services ranked second with nearly *** billion U.S. dollars in sales. A weak spot Faster and more efficient delivery services come with a price. Data from the company's financial reports showed that Amazon's worldwide shipping costs amounted to a staggering **** billion U.S. dollars, up from **** billion U.S. dollars in 2021. Amazon's annual fulfillment expenses have also risen steadily, from **** billion U.S. dollars in 2021 to over ** billion U.S. dollars in 2022.
In 2024, Amazon's net revenue from subscription services segment amounted to 44.37 billion U.S. dollars. Subscription services include Amazon Prime, for which Amazon reported 200 million paying members worldwide at the end of 2020. The AWS category generated 107.56 billion U.S. dollars in annual sales. During the most recently reported fiscal year, the company’s net revenue amounted to 638 billion U.S. dollars. Amazon revenue segments Amazon is one of the biggest online companies worldwide. In 2019, the company’s revenue increased by 21 percent, compared to Google’s revenue growth during the same fiscal period, which was just 18 percent. The majority of Amazon’s net sales are generated through its North American business segment, which accounted for 236.3 billion U.S. dollars in 2020. The United States are the company’s leading market, followed by Germany and the United Kingdom. Business segment: Amazon Web Services Amazon Web Services, commonly referred to as AWS, is one of the strongest-growing business segments of Amazon. AWS is a cloud computing service that provides individuals, companies and governments with a wide range of computing, networking, storage, database, analytics and application services, among many others. As of the third quarter of 2020, AWS accounted for approximately 32 percent of the global cloud infrastructure services vendor market.
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In 2024, Amazon Prime Day sales reached a massive $14.2 billion in comparison to $12.9 billion in 2023. This was a huge $1.3 billion increase.
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Amazon reported $1.59 in EPS Earnings Per Share for its fiscal quarter ending in March of 2025. Data for Amazon | AMZN - EPS Earnings Per Share including historical, tables and charts were last updated by Trading Economics this last June in 2025.
For the first time in almost a decade, online retail platform Amazon reported a net loss of 2.7 billion U.S. dollars in 2022. After that, in the fiscal year ending December 31st 2024, the net income amounted to 59.2 billion U.S. dollars. Amazon Web Services Amazon does not rely on retailing alone to generate profits. Its cloud business, AWS, is the one segment raking in steady profits with a 24.6 billion U.S. dollar operating income in the most recently reported year. The annual revenue of the business segment came to 90.3 billion U.S. dollars in 2023. As of the fourth quarter 2023, Amazon Web Services accounted for 31 percent of the global cloud infrastructure service market. Amazon’s other businessesDue to the company’s financial resources, Amazon has the capability to invest in new products and markets, such as online and offline grocery sales. In June 2017, Amazon purchased grocery retailer Whole Foods Market for 13.7 billion U.S. dollars, the company’s most expensive acquisition by far. This acquisition was primarily a move to expand the company's online grocery business, one of the fastest growing online shopping trends in the United States.