Amazon Q2 Report 2023
Net sales increased 11% to $134.4 billion in the second quarter, compared with $121.2 billion in second quarter 2022. Excluding the $0.3 billion unfavorable impact from year-over-year changes in foreign exchange rates throughout the
quarter, net sales increased 11% compared with second quarter 2022.
- North America segment sales increased 11% year-over-year to $82.5 billion.
- International segment sales increased 10% year-over-year to $29.7 billion.
- AWS segment sales increased 12% year-over-year to $22.1 billion.
Operating income increased to $7.7 billion in the second quarter, compared with $3.3 billion in second quarter 2022.
- North America segment operating income was $3.2 billion, compared with an operating loss of $0.6 billion in
second quarter 2022. - International segment operating loss was $0.9 billion, compared with an operating loss of $1.8 billion in
second quarter 2022. - AWS segment operating income was $5.4 billion, compared with operating income of $5.7 billion in second
quarter 2022.
Net income was $6.7 billion in the second quarter, or $0.65 per diluted share, compared with a net loss of $2.0 billion, or $0.20 per diluted share, in second quarter 2022.
- Second quarter 2023 net income includes a pre-tax valuation gain of $0.2 billion included in non-operating
expense from the common stock investment in Rivian Automotive, Inc., compared to a pre-tax valuation loss
of $3.9 billion from the investment in second quarter 2022.
