AMZN Q4 2024 Earnings — Income Statement Breakdown
For its Q4 2024 period (ending 2024-12-31), AMZN reported revenue of $187.8B, gross profit of $88.9B (47.3% gross margin), operating income of $21.2B, and net income of $20.0B (10.7% net margin). The flow of revenue into costs and profit is visualized below.
What changed
AMZN was profitable; revenue grew 10.5% year over year.
| Comparison | Revenue | Net income | Net margin |
|---|---|---|---|
| Year over year | +10.5% | +88.3% | +4.4 pp |
| Quarter over quarter | +18.2% | +30.5% | +1.0 pp |
Consensus estimate data is not available for this report.
AMZN Q4 2024 Income Statement
| Line item | Amount (USD) | % of revenue |
|---|---|---|
| Revenue | $187.8B | 100% |
| Cost of Revenue | −$98.9B | 52.7% |
| Gross Profit | $88.9B | 47.3% |
| Research & Development | — | 0.0% |
| Selling, General & Administrative | −$16.0B | 8.5% |
| Other Operating Expenses | −$51.7B | 27.5% |
| Operating Income | $21.2B | 11.3% |
| Interest Expense | −$570M | 0.3% |
| Other Income, net | $1.7B | 0.9% |
| Income Tax Expense | −$2.3B | 1.2% |
| Net Income | $20.0B | 10.7% |
Source: original SEC filing (filed 2025-02-06). Accession 0001018724-25-000002. Data normalized by EarningsFyi.