Amazon Q3 Report 2023
Net sales increased 13% to $143.1 billion in the third quarter, compared with $127.1 billion in third quarter 2022.
Excluding the $1.4 billion favorable impact from year-over-year changes in foreign exchange rates throughout the
quarter, net sales increased 11% compared with third quarter 2022.
- North America segment sales increased 11% year-over-year to $87.9 billion.
- International segment sales increased 16% year-over-year to $32.1 billion, or increased 11% excluding
changes in foreign exchange rates. - AWS segment sales increased 12% year-over-year to $23.1 billion.
Operating income increased to $11.2 billion in the third quarter, compared with $2.5 billion in third quarter 2022.
- North America segment operating income was $4.3 billion, compared with an operating loss of $0.4 billion in
third quarter 2022. - International segment operating loss was $0.1 billion, compared with an operating loss of $2.5 billion in third
quarter 2022. - AWS segment operating income was $7.0 billion, compared with operating income of $5.4 billion in third quarter 2022.
Net income increased to $9.9 billion in the third quarter, or $0.94 per diluted share, compared with $2.9 billion, or
$0.28 per diluted share, in third quarter 2022.
- Third quarter 2023 net income includes a pre-tax valuation gain of $1.2 billion included in non-operating
income (expense) from the common stock investment in Rivian Automotive, Inc., compared to a pre-tax
valuation gain of $1.1 billion from the investment in third quarter 2022.
