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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’s revenue and gross profit have demonstrated solid and consistent growth. Revenues increased from USD 386 billion in 2020 to nearly USD 638 billion in 2024, reflecting steady market expansion and increasing demand for the company’s diversified services. Similarly, gross profit rose from USD 153 billion in 2020 to over USD 311 billion in 2024, tracking the revenue growth and suggesting effective cost management in production or service provision. This sustained growth in top-line and gross margin figures positions Amazon well within the competitive e-commerce and cloud computing industries. Notably, the operating income and net income figures exhibit more volatility. While operating income grew from USD 22.9 billion in 2020 to USD 68.6 billion in 2024, a significant year-over-year drop was observed in 2022 (USD 12.2 billion) compared to USD 24.9 billion in 2021—a decline of nearly 50%. Similarly, net income took a substantial hit in 2022, turning negative at USD -2.7 billion after being positive at USD 21.3 billion in 2020 and USD 33.4 billion in 2021; however, it rebounded to USD 30.4 billion in 2023 and further climbed to USD 59.2 billion in 2024. These pronounced swings in profitability metrics suggest that 2022 was an anomaly, possibly due to non-operational expenses or unique market pressures. Overall, based solely on these figures, Amazon appears to have maintained strong revenue and profit recovery momentum, indicating solid financial health and a potentially sustainable strategic positioning moving forward.
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.