Amazon Reports $213.39 Billion Revenue in Q4, Beating Expectations

Amazon’s fourth-quarter revenue exceeded forecasts, though earnings per share slightly missed analyst estimates. AWS cloud division outperformed projections with $35.58 billion in revenue.

Summary

Amazon’s Q4 2024 financial results show revenue of $213.39 billion, surpassing the expected $211.5 billion. Earnings per share (EPS) came in at $1.95, marginally below the $1.96 estimate. Its cloud arm, Amazon Web Services (AWS), achieved $35.58 billion in revenue, exceeding expectations of $34.9 billion. The results reflect strong operational performance particularly in cloud computing and retail sales despite minor earnings deviation.

Terms & Concepts
  • Earnings per share (EPS): A financial metric that indicates how much profit a company generates for each outstanding share of common stock.
  • Amazon Web Services (AWS): The cloud computing division of Amazon, providing scalable and on-demand computing resources to businesses globally.
  • Revenue: The total amount of income generated by a company from its business activities during a specific period.