Amazon reported a strong fourth quarter with accelerating revenue growth and improved operating margins, driven by robust performance across its key segments. Despite ongoing investments, the company demonstrated effective cost management and operational efficiency, leading to a positive financial outcome for the period.
Net sales increased 10% to $187.8 billion in Q4 2024, accelerating from prior periods.
positiveOperating income increased to $21.0 billion in Q4 2024, compared to $12.3 billion in Q4 2023.
positiveDiluted earnings per share increased to $1.86 in Q4 2024, up from $1.00 in Q4 2023.
positiveOperating margin improved to 11.2% in Q4 2024, up from 6.5% in Q4 2023.
positiveWhile revenue growth accelerated, the year-over-year growth rate of 10% is still below the 5-quarter CAGR of 13.4%.
attentionOperating margin, while improved, has shown a compressing trend over the last three quarters prior to this acceleration.
attentionMargin expansion indicates improving profitability and operational efficiency. Measured in basis points (bps): 100 bps = 1.0%.
| Segment | Current | Prior Yr | YoY | % Total |
|---|---|---|---|---|
North America | N/A | — | — | — |
International | N/A | — | — | — |
| Total Revenue | $0.00M | — | — | 100.0% |
Segment performance shows business unit health and growth drivers.
Net sales increased 10% to $187.8 billion in Q4 2024, accelerating from prior periods and showing 11% growth excluding FX impacts.
Operating income increased to $21.0 billion in Q4 2024, compared to $12.3 billion in Q4 2023.
Diluted earnings per share increased to $1.86 in Q4 2024, up from $1.00 in Q4 2023.
Commentary excerpts from earnings call transcripts provide management's perspective on performance, strategy, and outlook. Always review full transcripts for complete context.
Operational metrics provide insight into business drivers and customer engagement beyond traditional financial measures.