What was Amazon's annual revenue in fiscal year 2023?

Amazon reported $574.8 billion in revenue for fiscal year 2023.

The figure represents Amazon.com, Inc.’s consolidated net sales for the year ended December 31, 2023. In its annual reporting, Amazon recorded exact net sales of $574.785 billion, which is conventionally rounded to $574.8 billion. That total covers the company’s retail operations, third-party seller services, advertising, subscriptions, physical stores, and Amazon Web Services.

Revenue increased 12% from approximately $514.0 billion in 2022. North America generated about $352.8 billion, international operations produced $131.2 billion, and AWS contributed $90.8 billion. These figures show why Amazon is more than an online retailer: cloud computing and advertising had become substantial parts of its business.

Revenue is not the same as profit. Amazon reported roughly $30.4 billion in net income for 2023, while its operating income was about $36.9 billion. Another frequent mix-up is confusing fiscal 2023 revenue with later annual totals; Amazon’s revenue continued rising after 2023, so the year must be specified.