AMZN
Amazoncom Inc
Q4 2024 Report
Amazon.com Inc (AMZN) Q4 2024 Financial Results: Strong Growth Amid Unforeseen FX Headwinds...
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Executive Summary
Amazoncom Inc (AMZN) reported a strong performance in Q1 2024, with revenues reaching $143.3 billion, a 13% increase year-over-year, reflecting the ongoing recovery in consumer spending. Notably, operating income doubled year-over-year to $15.3 billion, achieving an unprecedented 221% growth. These results were bolstered by significant advancements in operational efficiency and customer engagement strategies. Management remains optimistic, emphasizing a focus on selection, pricing strategy, and delivery speed to meet customer expectations in a volatile economic environment. CEO Andy Jassy characterized the results as a reinforcement of Amazon's commitment to enhancing customer experience while executing efficiency improvements across its multiple business segments.
Key Performance Indicators
Revenue
143.31B
QoQ: -15.68% | YoY:12.53%
Gross Profit
70.68B
49.30% margin
QoQ: -8.69% | YoY:18.66%
Operating Income
15.31B
QoQ: 15.88% | YoY:220.63%
Net Income
10.43B
QoQ: -1.82% | YoY:228.85%
EPS
1.00
QoQ: -2.91% | YoY:222.58%
Revenue Trend
Margin Analysis
Key Insights
- **Revenue:** $143.3 billion, up 13% YoY (vs. $127.4 billion in Q1 2023)
- **Operating Income:** $15.3 billion, significantly up 221% YoY (vs. $4.8 billion in Q1 2023)
- **Operating Margin:** 10.7%, up from 3.8% YoY
- **Net Income:** $10.4 billion, a 229% increase YoY (vs. $3.2 billion in Q1 2023)
- **EPS:** $1.00, compared to $0.31 in Q1 2023 **Comparative Analysis**