Amazon, the huge tech firm that gives e-commerce, cloud, streaming and digital promoting companies, releases its earnings quarterly.
Andy Jassy, the Amazon CEO, joins the calls to report outcomes and reply questions.
Amazon’s Q1 2025 earnings will likely be reported on April 28, 2025.
This is a breakdown of Amazon’s earnings from the final yr.
Amazon This fall earnings 2024
Amazon reported fourth-quarter earnings in February 2025, beating analysts’ expectations. Web gross sales for the quarter got here in at $187.7 billion, barely above the anticipated $187.3 billion. Earnings per share got here in at $1.86, in comparison with the anticipated $1.50.
The corporate’s steerage for the upcoming quarter was barely mild. It forecast income to come back in between $151 billion and $155.5 billion for the following reporting interval, decrease than the anticipated steerage of $158.6 billion.
CFO Brian Olsavsky stated the corporate anticipated to spend round $105 billion on capital expenditures in 2025. A lot of the spending was anticipated to “assist demand for our AI companies, in addition to tech infrastructure to assist our North America and worldwide segments, Olsavsky stated on the corporate’s earnings name.
Amazon’s inventory value slid after the report. As of April 2025, shares had been down 18% year-to-date.
Amazon Q3 earnings 2024
Amazon reported its third-quarter earnings in October 2024, beating income forecasts and delivering robust steerage for the fourth quarter. Web gross sales got here in at $158.9 billion, north of the anticipated $157.3 billion.
The retail big forecast gross sales for the following quarter to come back in between $181.5 billion to $188.5 billion, in comparison with the anticipated steerage of $186.3 billion.
Olsavksy attributed the corporate’s progress to rising Amazon Prime memberships in addition to “sooner supply speeds,” which helped gasoline gross sales of on a regular basis objects, he stated on the earnings name.
Amazon Q2 earnings 2024
Amazon reported second-quarter earnings in August 2024 that largely missed analysts’ expectations. Web gross sales for the quarter got here in barely decrease than anticipated, as did the corporate’s third-quarter forecast for gross sales and working revenue.
Amazon consumers had been in search of good offers and being extra “cautious,” Olsavsky stated on the corporate’s earnings name. That weighed on Amazon, particularly in the course of the firm’s Prime Day gross sales occasion in July.
Over the summer season, quite a lot of retailers reported that individuals had been lowering their budgets for quick meals, house decor, and different nice-to-have objects.
Robust demand pushed Amazon Internet Providers’ gross sales and working revenue greater in the course of the quarter, although Olsavsky stated that its revenue margins would “fluctuate over time” as the corporate invests in AI-driven expertise.
Amazon’s inventory value slid after the report.
Amazon Q1 earnings 2024
Amazon beat analysts’ estimates for internet gross sales and earnings per share when it reported first-quarter leads to April 2024.
AWS clients signed up “for longer offers” and made “greater commitments” in the course of the quarter, Jassy stated on a name after Amazon reported its outcomes. AWS internet income was $25 billion in the course of the quarter, beating expectations.
On the e-commerce aspect of the enterprise, clients purchased “much more consumables and on a regular basis necessities,” Olsavsky stated on a name with reporters. A lot of these objects, similar to sunscreen and pantry staples, are much less worthwhile for Amazon than discretionary objects, he stated.
Amazon earnings historical past
Amazon’s internet gross sales totaled $673.9 billion in 2024, up 10% from the $574.7 billion in internet gross sales in 2023.
Web revenue for the yr rose to $59.2 billion, up 94% from 2023’s internet revenue of $30.4. In 2022, the corporate reported a internet lack of $2.7 billion.
Amazon doesn’t pay a dividend.
Jacqui Kenyon contributed to a earlier model of this story.
