Amazon Revenue Vs Profit
In this article we will provide a comparison of amazon and walmart revenues and profits over the 20 year period from 1999 to 2018.
Amazon revenue vs profit. Amazon annual gross profit for 2018 was 93 731b a 42 16 increase from 2017. Amazon s 5 2 billion in quarterly profit is the largest ever in its 26 year history analysts had expected amazon to earn 81 53 billion in revenue and report earnings per share of 1 46. Amazon businesses encompass a large variety of product types service offerings and delivery channels. Amazon stock dropped more than 7 on friday after the company missed expectations on both revenue and earnings for q4 and showed higher than expected growth in fulfillment costs.
Amazon has a diversified business model. In 2019 amazon posted over 280 billion in revenues and over 11 5 billion in net profits. Online stores contributed to over 50 of amazon revenues followed by physical stores amazon aws subscription services third party seller services and advertising revenues. Amazon is leading the revenue growth race.
Revenue is the top line item on an income statement from which all costs and expenses are subtracted to arrive at net income. Revenue can be defined as the amount of money a company receives from its customers in exchange for the sales of goods or services. Amazon annual gross profit for 2019 was 114 986b a 22 68 increase from 2018. Amazon reported a net income of 10 billion during 2018 and the net profit margin was 4 3.
During 2016 amazon had a net profit of 2 4 billion. Google reported a net profit of 0 007 billion in 2001. Amazon vs google alphabet net profits 2001 to 2016. Amazon annual gross profit for 2017 was 65 932b a 38 16 increase.
Amazon primary customer sets consist of amazon vs walmart revenues and. Amazon had a record 24 billion in capital spending last year nearly as much as google parent company alphabet which last year brought in 30 billion in profits on 136 billion in revenue a. Amazon gross profit for the twelve months ending september 30 2020 was 139 946b a 28 25 increase year over year. Amazon reported a net loss of 0 6 billion during 2001.
The diagram below provides the charts for amazon revenues revenue growth net income and net profit margins for the past five years. Amazon is a global technology leader in online retail and cloud computing. Amazon annual quarterly revenue history and growth rate from 2006 to 2020.