In 2023, the annual operating income of Amazon of Amazon's AWS business amounted to approximately 24.6 billion U.S. dollars, up from the previous year. Despite being primarily known as an online retailer, the company's cloud business AWS generated the most operating profit out of all the key operations segments.
Annual operating income/loss of Amazon from 2014 to 2023, by segment
(in million U.S. dollar)
In Q1 2016, the company began allocating stock-based compensation and “Other operating expense, net” to the segment results and subsequently, results prior to 2014 cannot be compared to the adjusted figures of 2014 and 2015.
The company defines its business segment as follows:
"The North America segment primarily consists of amounts earned from retail sales of consumer products (including from sellers) and subscriptions through North America-focused websites such as www.amazon.com, www.amazon.ca, and www.amazon.com.mx. This segment includes export sales from these websites."
"The International segment primarily consists of amounts earned from retail sales of consumer products (including from sellers) and subscriptions
through internationally-focused websites such as www.amazon.com.au, www.amazon.com.br, www.amazon.cn, www.amazon.fr, www.amazon.de,
www.amazon.in, www.amazon.it, www.amazon.co.jp, www.amazon.nl, www.amazon.es, and www.amazon.co.uk. This segment includes export sales from these internationally-focused websites (including export sales from these sites to customers in the U.S., Mexico, and Canada), but excludes export sales from our North American websites."
"The AWS segment consists of amounts earned from global sales of compute, storage, database, and other service offerings for start-ups, enterprises,
government agencies, and academic institutions."
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Amazon. (February 2, 2024). Annual operating income/loss of Amazon from 2014 to 2023, by segment (in million U.S. dollar) [Graph]. In Statista. Retrieved July 03, 2024, from https://www.statista.com/statistics/241835/amazon-operating-income-annual-by-segment/
Amazon. "Annual operating income/loss of Amazon from 2014 to 2023, by segment (in million U.S. dollar)." Chart. February 2, 2024. Statista. Accessed July 03, 2024. https://www.statista.com/statistics/241835/amazon-operating-income-annual-by-segment/
Amazon. (2024). Annual operating income/loss of Amazon from 2014 to 2023, by segment (in million U.S. dollar). Statista. Statista Inc.. Accessed: July 03, 2024. https://www.statista.com/statistics/241835/amazon-operating-income-annual-by-segment/
Amazon. "Annual Operating Income/Loss of Amazon from 2014 to 2023, by Segment (in Million U.S. Dollar)." Statista, Statista Inc., 2 Feb 2024, https://www.statista.com/statistics/241835/amazon-operating-income-annual-by-segment/
Amazon, Annual operating income/loss of Amazon from 2014 to 2023, by segment (in million U.S. dollar) Statista, https://www.statista.com/statistics/241835/amazon-operating-income-annual-by-segment/ (last visited July 03, 2024)
Annual operating income/loss of Amazon from 2014 to 2023, by segment (in million U.S. dollar) [Graph], Amazon, February 2, 2024. [Online]. Available: https://www.statista.com/statistics/241835/amazon-operating-income-annual-by-segment/