Amazon Full-Year Report 2023

  • Net sales increased 12% to $574.8 billion in 2023, compared with $514.0 billion in 2022. Excluding the $0.1 billion unfavorable impact from year-over-year changes in foreign exchange rates throughout the year, net sales increased 12% compared with 2022.
    • North America segment sales increased 12% year-over-year to $352.8 billion.
    • International segment sales increased 11% year-over-year to $131.2 billion.
    • AWS segment sales increased 13% year-over-year to $90.8 billion.
  • Operating income increased to $36.9 billion in 2023, compared with $12.2 billion in 2022.
    • North America segment operating income was $14.9 billion, compared with an operating loss of $2.8 billion in 2022.
    • International segment operating loss was $2.7 billion, compared with an operating loss of $7.7 billion in 2022.
    • AWS segment operating income was $24.6 billion, compared with operating income of $22.8 billion in 2022.
  • Net income was $30.4 billion in 2023, or $2.90 per diluted share, compared with a net loss of $2.7 billion, or $0.27 per diluted share, in 2022.
    • 2023 net income includes a pre-tax valuation gain of $0.8 billion included in non-operating income (expense) from the common stock investment in Rivian Automotive, Inc., compared to a pre-tax valuation loss of $12.7 billion from the investment in 2022.

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