Is Amazon doing well financially?

Dakota Potter August 30, 2024
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By Pamela Ford March 28, 2025

Amazon is currently performing well financially, as evidenced by a notable revenue growth of 13% since 2023. This growth can be attributed to several robust long-term trends in key sectors such as e-commerce, streaming services, and digital advertising. Specifically, sales in North America increased by 10%, while international sales saw a rise of 9% over the past year. However, the most significant contributor to Amazon's financial success has been its cloud computing division, Amazon Web Services (AWS), which experienced an impressive surge of 19%. This indicates that not only is Amazon capitalizing on its established markets, but it is also effectively expanding its influence in the rapidly growing cloud services sector. Overall, these figures suggest that Amazon is well-positioned for continued financial success in the coming years.

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