earnings
confidence high
sentiment positive
materiality 0.70
Amazon reports 12% revenue growth to $575B in 2023; operating income up 201%
AMAZON COM INC
2024-Q1 EPS reported
$0.98
revenue$143,313,000,000
- Total revenue $575B (+12% YoY); North America $353B, International $131B, AWS $91B.
- Operating income surged 201% to $36.9B (margin 6.4% vs 2.4% in 2022).
- Trailing twelve-month adjusted free cash flow improved $48.3B to $35.5B.
- Advertising revenue grew 24% to $47B; cost to serve per U.S. unit down >$0.45.
- Generative AI services (Bedrock, Q, Trainium2) and Project Kuiper satellites launched.