Amazoncom Inc (AMZN) Earnings Reports & Financial Analysis

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Amazoncom Inc

AMZN

$227.35 0.26%

Exchange: NASDAQ | Sector: Consumer Cyclical | Industry: Specialty Retail

Q4 2024

Published: Feb 6, 2025

Earnings Highlights

Revenue of $187.79B up 10.5% year-over-year
EPS of $1.86 increased by 84.5% from previous year
Gross margin of 45.0%
Net income of 20.00B
""We welcomed notable brands to our store throughout 2024, including Clinique, Estee Lauder, Aura Rings, and Armani Beauty."" - Andy Jassy

AMZN

Amazoncom Inc

Period Q4 2024

Currency USD

Report Type Quarterly Earnings

Generated Dec 21, 2025

Executive Summary

Amazon.com Inc (AMZN) delivered impressive Q4 2024 results, reporting revenue of $187.8 billion, a 10% increase from the previous year, which suggests strong consumer demand notwithstanding foreign exchange challenges. Notably, the company's operating income surged to $21.2 billion, reflecting a 61% year-over-year growth and showcasing significant operational efficiencies across segments. Key highlights include the exceptional growth in AWS revenue, which increased by 19%, and the successful extension of Prime delivery services, adding momentum to both retail and membership segments. Looking ahead, Amazon remains committed to enhancing customer experiences and driving innovations that position it strongly in the competitive landscape.

Key Performance Indicators

Revenue

Increasing

187.79B

QoQ: 18.20% | YoY: 10.49%

Gross Profit

Increasing

84.51B

45.00% margin

QoQ: 8.48% | YoY: 9.17%

Operating Income

Increasing

21.20B

QoQ: 21.78% | YoY: 60.52%

Net Income

Increasing

20.00B

QoQ: 30.51% | YoY: 88.29%

EPS

Increasing

1.90

QoQ: 30.14% | YoY: 84.47%

Revenue Trend

Margin Analysis

Financial Highlights

Revenue Analysis: Q4 2024 revenue reached $187.8 billion, driven by a 10% year-over-year increase, though it faced a $900 million foreign exchange headwind. Excluding this, year-over-year growth was effectively 11%. Q4 saw total operating income rise to $21.2 billion, with a notable increase of 61% from Q4 2023.

Key Ratios:
- Operating Margin: 11.2%
- Net Profit Margin: 10.7%
- ROE: 7.00%
- Current Ratio: 1.064

Profitability Trends: Net income significantly increased by 88.29% year over year to reach $20 billion, with EPS at $1.90, reflecting a robust demand and effective cost management strategies.

Cash Flow: Trailing twelve-month free cash flow adjusted for equipment finance leases was reported at $36.2 billion, indicating healthy cash generation capabilities.

Quarter-over-Quarter Performance: Compared to Q3 2024, total revenue increased by 18.20% and net income by 30.51%, demonstrating consistent upward momentum.

Income Statement

Metric	Value	YoY Change	QoQ Change
Revenue	187.79B	10.49%	18.20%
Gross Profit	84.51B	9.17%	8.48%
Operating Income	21.20B	60.52%	21.78%
Net Income	20.00B	88.29%	30.51%
EPS	1.90	84.47%	30.14%

Key Financial Ratios

Gross Profit Margin

Good

45.00%

Gross profit margin is healthy and competitive within industry standards

Operating Profit Margin

Fair

11.30%

Operating margin is moderate, room for improvement in cost management

Net Profit Margin

Good

10.70%

Net profit margin is healthy and competitive within industry standards

Return on Assets

Fair

3.20%

Return on assets is acceptable but below top-tier companies

Return on Equity

Fair

7.00%

Return on equity is acceptable but below top-tier companies

Current Ratio

Adequate

1.06

Current ratio meets minimum requirements but limited cushion

Debt to Equity

Moderate

0.46

Debt-to-equity indicates balanced capital structure with manageable debt

P/E Ratio

Growth

28.93x

Elevated P/E suggests growth expectations or premium valuation

Price to Book

High Premium

8.10x

Very high premium suggests asset-light business model or lofty expectations

Historical Earnings Comparison

Period	Revenue ($M)	EPS ($)	YoY Growth	Report
Q4 2024	187,792.00	1.86	+10.5%	View
Q3 2024	158,877.00	1.43	+11.0%	View
Q2 2024	147,977.00	1.26	+10.1%	View
Q1 2024	143,313.00	0.98	+12.5%	View
Q4 2023	169,961.00	1.00	+13.9%	View

Amazoncom Inc (AMZN) Q4 2024 Earnings Report

Earnings Highlights

Executive Summary

Key Performance Indicators

Revenue Trend

Margin Analysis

Financial Highlights

Income Statement

Key Financial Ratios

Management Insights Available for Members

Peer Comparison Available for Members

Investment Outlook & SWOT Available for Members

Historical Earnings Comparison

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