AMZN Q4 2023 Earnings — Income Statement Breakdown
For its Q4 2023 period (ending 2023-12-31), AMZN reported revenue of $170.0B, gross profit of $77.4B (45.5% gross margin), operating income of $13.2B, and net income of $10.6B (6.3% net margin). The flow of revenue into costs and profit is visualized below.
What changed
AMZN was profitable; revenue grew 18.8% quarter over quarter.
| Comparison | Revenue | Net income | Net margin |
|---|---|---|---|
| Year over year | Not available | Not available | Not available |
| Quarter over quarter | +18.8% | +7.5% | −0.7 pp |
Consensus estimate data is not available for this report.
AMZN Q4 2023 Income Statement
| Line item | Amount (USD) | % of revenue |
|---|---|---|
| Revenue | $170.0B | 100% |
| Cost of Revenue | −$92.6B | 54.5% |
| Gross Profit | $77.4B | 45.5% |
| Research & Development | — | 0.0% |
| Selling, General & Administrative | −$15.9B | 9.4% |
| Other Operating Expenses | −$48.3B | 28.4% |
| Operating Income | $13.2B | 7.8% |
| Interest Expense | −$713M | 0.4% |
| Other Income, net | $1.2B | 0.7% |
| Income Tax Expense | −$3.1B | 1.8% |
| Net Income | $10.6B | 6.3% |
Source: original SEC filing (filed 2024-02-01). Accession 0001018724-24-000006. Data normalized by EarningsFyi.