How Much Do Amazon Make A Year? | Revenue And Profit

How Much Do Amazon Make A Year? Core Numbers At A Glance

When people ask “how much do Amazon make a year?”, they usually want two figures: how much money comes in and how much is left after costs. Based on Amazon’s latest full year reported results for 2024, net sales reached about $638 billion and net income came in near $59 billion. That means Amazon now brings in more than half a trillion dollars a year and keeps just under a tenth of that as profit.

These numbers move fast, so it helps to set them next to recent years. The table below shows how Amazon’s annual revenue and profit have changed since 2018. Values are rounded to one decimal place where needed and given in US dollars.

Year	Net Sales (USD Billions)	Net Income (USD Billions)
2018	232.9	10.1
2019	280.5	11.6
2020	386.1	21.3
2021	469.8	33.4
2022	514.0	-2.7
2023	574.8	30.4
2024	638.0	59.2

Two things stand out. Amazon’s revenue has risen each year in this span, while profit moves around more. In 2022 the company posted a small loss, then bounced back to more than $30 billion in 2023 and close to double that in 2024 as cost cutting and better use of its infrastructure fed through to the bottom line.

How Much Amazon Makes In A Year Across Its Businesses

Knowing the headline number for how much do Amazon make a year is helpful, but it only tells part of the story. Behind that figure sit several different businesses that earn money in different ways and carry very different profit margins.

Traditional online shopping still brings in the largest slice of revenue. That includes products Amazon buys and resells itself. Next comes the marketplace side, where outside merchants list products on Amazon and pay selling fees, shipping fees, and other charges. Then you have Amazon Web Services, the cloud platform, plus subscription services like Prime, the advertising business, physical stores, and a set of smaller lines such as devices and digital content.

Amazon’s own 2023 annual report breaks revenue into these groups and shows how important services have become. Cloud and advertising bring in less revenue than retail but often carry higher margins, which helps explain the steady rise in net income even when retail growth slows.

Why Revenue And Profit Move Differently

Revenue is the money Amazon collects from customers. Profit is what remains after paying for inventory, shipping, data centers, wages, marketing, and everything else. The gap between the two depends on costs and on the mix of businesses that grow fastest in a given year.

Retail is big but thin. Shipping a box across a country, running warehouses, and handling returns eats into margins. By contrast, cloud services and digital advertising can scale with fewer extra costs once the core systems are in place, so when AWS or ads grow faster than retail, overall profit improves even if total revenue growth slows.

The loss in 2022 shows this clearly. That year, Amazon faced weaker demand after a pandemic surge, rising fuel and labor costs, and large paper losses on its investment in Rivian. Revenue still grew, yet those extra costs and write downs pushed net income negative, before profit rebounded as those pressures eased.

Amazon Earnings Per Day, Hour, And Second

The headline figure for how much do Amazon make a year feels almost abstract. Breaking it into smaller time slices gives a clearer sense of scale. Using the 2024 net sales figure of roughly $638 billion and a simple 365 day year, Amazon’s average revenue works out as follows:

• Per year: about $638,000,000,000 in net sales
• Per day: around $1.75 billion in revenue
• Per hour: a little over $72 million
• Per minute: roughly $1.2 million
• Per second: around $20,000

Profit per second is smaller but still large. Using the 2024 net income figure near $59 billion, Amazon earns roughly $162 million a day, about $6.7 million an hour, close to $112,000 a minute, and a little under $1,900 a second on average.

Where Amazon’s Revenue Comes From

Amazon’s revenue comes from a mix of lines that each matter in their own way. Some bring in huge sales totals but lower margins, while others bring in less revenue but punch above their weight in profit terms. The figures below use Amazon’s 2023 mix, which Amazon describes in detail in its Form 10-K.

Business Segment	Share Of 2023 Revenue	What It Covers
Online Stores	Around 40%	Products Amazon buys and sells directly on its main retail sites.
Third-Party Seller Services	About 24%	Fees and services for independent sellers, including fulfillment and shipping.
Amazon Web Services	Roughly 16%	Cloud computing, storage, databases, and related tools sold to companies and developers.
Advertising Services	Just over 8%	Sponsored listings, display ads, and video ads across Amazon sites and services.
Subscription Services	About 7%	Prime memberships and other subscription products such as digital content bundles.
Physical Stores	Close to 3%	Brick and mortar shops including certain grocery and specialty formats.
Other	Under 1%	Smaller lines such as device sales and licensed content that do not fit elsewhere.

Retail and marketplace sales still bring in most of Amazon’s revenue, yet services such as AWS and advertising help drive a large share of profit. Revenue from those services has grown faster than the retail side over the past few years, which helps explain why net income has risen faster than sales in the latest results.

How Amazon’s Annual Earnings Compare

To put Amazon’s yearly revenue in context, it now ranks among the largest companies in the United States by sales, sitting close behind Walmart and ahead of many other large retailers and tech firms. In 2024 Amazon recorded close to $638 billion in net sales, while Walmart remains slightly ahead on revenue.

Net income near $59 billion also places Amazon among the most profitable public companies. That figure is similar to the annual profit of some large software and hardware companies and comes from a business that still spends heavily on warehouses, transportation, and data centers.

Why Amazon’s Size Matters For Shoppers And Sellers

For shoppers, Amazon’s scale allows fast delivery, broad product selection, and low prices in many categories. The more volume that passes through the network, the easier it is for Amazon to spread the fixed cost of warehouses, automation, and technology across each package.

For third party sellers, Amazon’s reach means direct access to hundreds of millions of customers. Fees can add up, especially for fulfillment and advertising, yet many merchants treat Amazon as a core sales channel because of the volume it delivers and the convenience of outsourced shipping.

Governments, regulators, and competitors also track how much do Amazon make a year, since size and growth influence debates over competition, taxes, labor rules, and how digital markets work.

What Could Change How Much Amazon Makes Each Year

While the numbers for how much do Amazon make a year look strong right now, they’re not guaranteed to keep climbing at the same pace. Several forces could push them up or down over the next few years.

Retail Demand And Consumer Spending

Amazon’s retail and marketplace revenue still depends heavily on how much shoppers spend on goods such as electronics, home items, fashion, and everyday supplies. When economic conditions weaken, customers may trade down to cheaper brands, delay big purchases, or buy less overall. On the other hand, more of that spending is moving online each year, and Amazon remains well placed to pick up that shift.

Cloud, Advertising, And New Lines Of Business

Amazon Web Services continues to be a large growth driver as more companies move their computing from their own data centers to cloud platforms. The advertising business adds another engine, since brands keep shifting budget to sponsored results and display ads that sit close to the point of purchase. Newer lines such as health services, logistics for third parties, and entertainment could also change the mix of how much Amazon makes a year if any of them reaches scale.

Costs, Regulation, And Competition

Higher fuel prices, wage inflation, and increased spending on data centers can all compress margins even when revenue keeps rising. Amazon has responded in the past by trimming staff numbers, closing underused facilities, and pushing for more automation in warehouses and delivery. At the same time, regulators in major markets continue to review Amazon’s power in retail, cloud, and advertising, while large retailers and tech rivals put pressure on prices, fees, and service quality.

What The Numbers Mean For Investors And Observers

For investors, knowing how much do Amazon make a year is only the starting point. The more pressing questions are how quickly that figure is growing, how much of it turns into profit, and how predictable the cash flows look over time.

For casual observers, the numbers show how deeply Amazon has woven itself into shopping, entertainment, cloud computing, and logistics. Whether someone is buying groceries, watching a show, backing up files, or selling products online, there is a fair chance Amazon earns a small slice of that activity. So when you see the headline question “How Much Do Amazon Make A Year?”, the short answer is that Amazon now brings in around $638 billion in annual revenue and close to $59 billion in yearly profit.