Edwyn
| Metric | 2020 | 2021 | 2022 | 2023 | 2024 |
|---|---|---|---|---|---|
| Revenue | $386,064 | $469,822 | $513,983 | $574,785 | $637,959 |
| Gross Profit | $152,757 | $197,478 | $225,152 | $270,046 | $311,671 |
| Operating Income | $22,899 | $24,879 | $12,248 | $36,852 | $68,593 |
| Net Income | $21,331 | $33,364 | -$2,722 | $30,425 | $59,248 |
Over the five-year period from 2020 to 2024, Amazon.com, Inc. demonstrates robust revenue and gross profit growth despite notable fluctuations in operating and net income. Revenue rose consistently from USD 386 billion in 2020 to USD 638 billion in 2024, with year-over-year increases ranging from roughly 9% to over 20% in earlier periods. Gross profit showed a similar upward trend, moving from USD 153 billion to USD 312 billion over the same period. This steady acceleration in top-line metrics reflects Amazon’s expanding market presence in retail, cloud computing, and digital services. However, operating income and net income exhibited volatility, particularly in 2022, where operating income plunged from around USD 25 billion in 2021 to roughly USD 12 billion and net income swung from USD 33 billion to a loss of USD 2.7 billion—a significant turnaround exceeding 20% change year-over-year. Following the 2022 setback, the company demonstrated a strong recovery, with operating income rebounding to USD 37 billion in 2023 and surging to approximately USD 69 billion in 2024, while net income also recovered, rising to USD 30 billion in 2023 and reaching about USD 59 billion by 2024. This rebound suggests that any operational challenges or cost pressures experienced in 2022 were addressed, likely through strategic cost management, improved efficiencies, or a rebound in consumer demand. Overall, despite the short-term disruption in profitability, Amazon’s consistent revenue and gross profit growth, combined with the recent recovery in operating and net income, indicate a solid financial foundation and potential for sustainable long-term performance in a competitive and rapidly evolving industry.
This analysis is for informational purposes only and does not constitute financial advice or recommendations for any investment decisions. Please consult with a qualified financial professional for personalized guidance.