Amazon Revenue 2010-2024 | AMZN (2024)

FAQs

What is Amazon's revenue in 2024? ›

Amazon revenue for the twelve months ending March 31, 2024 was $590.740B, a 12.54% increase year-over-year. Amazon annual revenue for 2023 was $574.785B, a 11.83% increase from 2022.

Amazon makes money through retail, subscriptions, and web services, among other channels. Retail remains Amazon's primary source of revenue, with online and physical stores together accounting for the biggest share.

Amazon also offers the Amazon Kindle for people to purchase their books as eBooks, and by 2010, more people buy ebooks than physical books from Amazon. Amazon starts offering streaming services like Amazon Music and Amazon Video.

Amazon.com Inc. is the world's first public company to lose a trillion dollars in market value as a combination of rising inflation, tightening monetary policies and disappointing earnings updates triggered a historic selloff in the stock this year.

From there, 2003 became Amazon's first profitable year, as the company saw net profits grow from $3 million in the last quarter of 2002 to $73 million in the last quarter of 2003 (Hansell, 2004). This led to them earning $35 million for all of 2003, which was up from losing $149 million in the previous year.

When did Amazon first become profitable? According to Ycharts and GlobalData, Amazon first became a profitable company in 2003, when it reported an annual net income of $35 million.

Operating income jumped from $12.2 billion in 2022 to $36.9 billion last year, with the majority of that profit coming from its web services division, AWS, which had income of $24.6 billion. Total company sales increased 12%, to $574.8 billion.

Who is Amazon's largest shareholder? Founder and former CEO Jeff Bezos is the largest Amazon shareholder, with more than 937 million shares, which represent a stake of about 9% in the company. Bezos' shares are worth an estimated $166 billion.

Report: Apple Is One Of Amazon's Biggest Customers, Spending Over $350 Million Per Year. Senior Contributor. Journalist, analyst, author, and speaker.

Tech companies dominate a ranking of the ten biggest companies in 2023 by market cap. Apple tops the ranking, which was commissioned by City Index, with a market cap of $3.03 trillion, followed by Microsoft ($2.51 trillion), Saudi Aramco ($2.08 trillion), Alphabet/Google ($1.52 trillion) and Amazon ($1.34 trillion).

Which country buys the most from Amazon? ›

Countries With the Most Amazon Users

The country with the most Amazon users is the United States. Amazon is the most popular e-commerce site in the U.S., totaling 2.2 billion monthly visits in April 2023. Globally, Amazon has over 300 million active users.

The closing price for Amazon (AMZN) in 2010 was $9, on December 31, 2010. It was up 32.1% for the year. The latest price is $183.66.

Amazon's biggest direct competitors include Walmart, eBay, the Alibaba Group, Target, as well as more localized eCommerce marketplaces (such as Otto or Rakuten). In the video streaming segment, Amazon's biggest competitors are Netflix, Rakuten, HBO, Disney, and Apple TV+. Who are Amazon's indirect competitors?

For the most part, the bets that Amazon took paid off throughout the 2010s. It amped up its overseas operations, acquired dozens of promising startups, and built out Amazon Web Services into a cloud-computing juggernaut. In total, the company's net income grew from $1.2 billion in 2010 to more than $10 billion in 2018.

We are proud of our low prices, our reliable delivery, and our in-stock position on even obscure and hard-to-find items. We also know that we can still be much better, and we're dedicated to improving further. Net sales increased 28% year-over-year to $24.51 billion in 2009.

The closing price for Amazon (AMZN) in 2010 was $9, on December 31, 2010. It was up 32.1% for the year. The latest price is $189.08.

(AMZN) hit the magic price of $1,000 per share on the morning of May 30, but there's no indication that CEO Jeff Bezos has any intention of splitting the stock, the Wall Street Journal reports.

31, Amazon, No. 1 in the 2012 Internet Retailer Top 500, reported: Net sales were $61.09 billion, a 27.1% increase from $48.08 billion last year.