Has Amazon ever made a net profit?

Yes, Amazon has indeed made a net profit, particularly driven by its highly profitable segment, Amazon Web Services (AWS). In the first quarter of 2025, AWS reported a net income of $17,127 million, which represents a remarkable 64% increase compared to the same quarter the previous year, where the net income was $10,431 million. This growth trajectory is indicative of AWS's expanding market share and its critical role in Amazon's overall financial performance. Furthermore, the revenue from AWS saw a significant increase from $30,425 million in 2023 to $59,248 million in 2024, marking a staggering 95% growth. This consistent profitability from AWS has been a key factor in Amazon's ability to achieve net profits in recent years, showcasing the company's successful diversification beyond its traditional e-commerce roots.