Amazon reports $638bn in 2024 revenue, net income soars 95%
Overview Amazon reported strong financial performance in Q4 and full-year 2024, with net sales reaching $187.8bn in Q4 and $638.0bn for the full year. AWS revenue surged to $28.8bn in Q4, reinforcing Amazon’s leadership in cloud computing and AI infrastructure. CEO Andy Jassy emphasized the company’s innovation and operational efficiency, stating: “The holiday shopping season…
