Amazon – Amazon.com Announces Fourth Quarter Results
SEATTLE–(BUSINESS WIRE)– Amazon.com, Inc. (NASDAQ: AMZN) today announced financial results for its fourth quarter ended December 31, 2023.
Fourth Quarter 2023
- Net sales increased 14% to $170.0 billion in the fourth quarter, compared with $149.2 billion in fourth quarter 2022. Excluding the $1.3 billion favorable impact from year-over-year changes in foreign exchange rates throughout the quarter, net sales increased 13% compared with fourth quarter 2022.
- North America segment sales increased 13% year-over-year to $105.5 billion.
- International segment sales increased 17% year-over-year to $40.2 billion, or increased 13% excluding changes in foreign exchange rates.
- AWS segment sales increased 13% year-over-year to $24.2 billion.
- Operating income increased to $13.2 billion in the fourth quarter, compared with $2.7 billion in fourth quarter 2022.
- North America segment operating income was $6.5 billion, compared with an operating loss of $0.2 billion in fourth quarter 2022.
- International segment operating loss was $0.4 billion, compared with an operating loss of $2.2 billion in fourth quarter 2022.
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