Amazon reported strong Q4 2024 results, with net sales increasing by 10% year-over-year to $187.8 billion. Operating income surged to $21.2 billion, and net income nearly doubled to $20.0 billion. AWS segment revenue grew 19% to $28.8 billion, contributing significantly to profitability.
Amazon reported a strong third quarter with net sales increasing by 11% to $158.9 billion and operating income rising to $17.4 billion, a significant increase from $11.2 billion in the same quarter last year. Net income also saw a substantial increase to $15.3 billion, or $1.43 per diluted share, compared to $9.9 billion, or $0.94 per diluted share, in Q3 2023.
Amazon's second quarter 2024 results show a strong performance with net sales increasing by 10% to $148.0 billion and operating income increasing to $14.7 billion. Net income also saw a substantial increase to $13.5 billion, or $1.26 per diluted share.
Amazon's Q1 2024 results showcased a significant increase in net sales, reaching $143.3 billion, a 13% increase compared to Q1 2023. Operating income also saw substantial growth, increasing to $15.3 billion. Net income rose to $10.4 billion, or $0.98 per diluted share.
Amazon's Q4 2023 results showcased a 14% increase in net sales to $170.0 billion, with operating income rising to $13.2 billion. North America and AWS were key growth drivers, while net income reached $10.6 billion, or $1.00 per diluted share.
Amazon reported a strong third quarter with net sales increasing by 13% to $143.1 billion. Operating income rose significantly to $11.2 billion, and net income reached $9.9 billion, or $0.94 per diluted share. The company saw robust growth in AWS and Advertising revenue, along with improvements in cost to serve and delivery speed.
Amazon's Q2 2023 results revealed an 11% increase in net sales to $134.4 billion, and operating income increased to $7.7 billion, compared to $3.3 billion in Q2 2022. Net income was $6.7 billion, a significant turnaround from the $2.0 billion net loss in Q2 2022.
Amazon's first quarter 2023 results show a 9% increase in net sales to $127.4 billion, and operating income increased to $4.8 billion, compared to $3.7 billion in the first quarter 2022. Net income was $3.2 billion, or $0.31 per diluted share, compared with net loss of $3.8 billion, or $0.38 per diluted share, in first quarter 2022.
Amazon's Q4 2022 net sales increased by 9% to $149.2 billion, while operating income decreased to $2.7 billion, and net income decreased significantly to $0.3 billion, impacted by valuation losses in Rivian Automotive, Inc.
Amazon's Q3 2022 earnings showed a 15% increase in net sales to $127.1 billion, but operating income decreased to $2.5 billion, and net income decreased to $2.9 billion, or $0.28 per diluted share.
Amazon's Q2 2022 results showed a 7% increase in net sales to $121.2 billion, but operating income decreased to $3.3 billion, and the company reported a net loss of $2.0 billion, or $0.20 per diluted share, which includes a pre-tax valuation loss of $3.9 billion from its investment in Rivian Automotive, Inc.
Amazon's first quarter 2022 results showed a net sales increase of 7% to $116.4 billion, but a net loss of $3.8 billion, or $7.56 per diluted share, primarily due to a pre-tax valuation loss of $7.6 billion from its investment in Rivian Automotive, Inc. Operating income decreased to $3.7 billion.
Amazon's fourth quarter 2021 results showed a 9% increase in net sales to $137.4 billion, and a rise in net income to $14.3 billion, or $27.75 per diluted share, compared to $7.2 billion, or $14.09 per diluted share, in the fourth quarter of 2020. The quarter's net income included a pre-tax valuation gain of $11.8 billion from Amazon's investment in Rivian Automotive, Inc.
Amazon's Q3 2021 results revealed a 15% increase in net sales to $110.8 billion, but operating income decreased to $4.9 billion, and net income fell to $3.2 billion, or $6.12 per diluted share.
Amazon.com announced strong second-quarter results, with net sales increasing by 27% to $113.1 billion and net income rising to $7.8 billion, or $15.12 per diluted share. The company continues to invest in employee safety, small business empowerment, and sustainability initiatives.
Amazon.com announced strong financial results for the first quarter ended March 31, 2021. Net sales increased by 44% to $108.5 billion, operating income rose to $8.9 billion, and net income reached $8.1 billion, or $15.79 per diluted share.
Amazon's Q4 2020 financial results revealed a significant increase in net sales, operating income, and net income compared to Q4 2019. Net sales increased by 44% to $125.6 billion, operating income increased to $6.9 billion, and net income increased to $7.2 billion, or $14.09 per diluted share.
Amazon.com announced impressive financial results for the third quarter ended September 30, 2020, with net sales increasing by 37% to $96.1 billion and operating income rising to $6.2 billion. Net income also saw a significant increase to $6.3 billion, or $12.37 per diluted share.
Amazon reported a significant increase in net sales, operating income, and net income for the second quarter of 2020. Net sales increased by 40% to $88.9 billion, and net income doubled to $5.2 billion, or $10.30 per diluted share, compared to the same period last year. The company invested heavily in COVID-19 related initiatives, while also expanding its workforce and investing in capital projects.
Amazon's first quarter 2020 results showed a 26% increase in net sales to $75.5 billion, but operating income decreased to $4.0 billion and net income decreased to $2.5 billion, or $5.01 per diluted share, compared to the previous year. The company is investing heavily in COVID-19 related expenses to protect employees and serve customers.
Amazon reported a strong Q4 2019, with net sales increasing by 21% to $87.4 billion. Operating income also saw a slight increase to $3.9 billion, and net income rose to $3.3 billion, or $6.47 per diluted share.