Financial Statistics Which Leads To Create A Technology Monster

After have seen Amazon’s strategy, we will its financial statistics.

Annual net sales of Amazon 2004-2020

“Financial Statistics Which Leads To Create A Technology Monster” presents some numbers of Amazon company between 2004 and 2020.

Financial datas

The time series shows the net revenue of Amazon from 2004 to 2020, in billion US dollars. In 2020, the company’s net revenue was 386.06 billion U.S. dollars, up from 280.52 billion US dollars in 2019.

Indeed, Amazon.com, an American e-commerce company originally founded in 1994, is the world’s largest online retailer of goods. As of 2020, the company generates the majority of it’s net revenues through online retail product sales, followed by third-party retail seller services, AWS, and retail subscription services including Amazon Prime. Amazon is also the producer of the leading e-book reader, the Amazon Kindle.

Through Amazon, small and large companies as well as other users sell goods at a rather discounted price. Amazon sell both new and used goods. There is wide variety of goods available at prices which often undercut local retail offerings. Therefore Amazon has dominated the retailer market. As of 2020, Amazon’s brand worth amounts to over 415 billion U.S. dollars, topping the likes of companies such as Walmart, Ikea, as well as digital competitors Alibaba and eBay. One of Amazon’s first forays into the world of hardware was its e-reader Kindle. Today it’s one of the most popular e-book readers worldwide. In recently years, Amazon has also released smartphone, tablets and multimedia sticks under it’s Fire brand. Consequently there is an increase digital media consumption via these devices. This strategy includes the digital Amazon ecosystem which features video and audio content as value-added services for Prime subscribers.

 

Geographical datas

Due to its location, Amazon offers more services in North America than worldwide. As a result, the United States and Canada brings the majority of the company’s net revenue. In 2020,  North America brings in approximately 236.28 billion U.S. dollars compared to only roughly 104.41 billion U.S. dollars internationally.

Amazon financial statistics: annual net income 2004-2020

In 2020, online retail platform Amazon reported a net income of 21.33 billion U.S. dollars, up from a 11.6 billion U.S. dollar net income in the previous year. During the same fiscal period, the company’s revenue amounted to more than 386 billion U.S. dollars.

Amazon Web Services

The Seattle-based company does not rely on retailing alone to generate profits. Amazon’s cloud business, AWS, is the one segment raking in steady profits with a 13.53 billion U.S. dollar operating income in the most recently reported year. Moreover, the annual revenue of the business segment came to 35.03 billion U.S. dollars in 2019. As of the second quarter 2020, Amazon Web Services accounted for 33 percent of the global cloud infrastructure service market.

Amazon’s other businesses

Due to the company’s financial resources, Amazon has the capability to invest in new products and markets, such as online and offline grocery sales. In June 2017, Amazon purchased grocery retailer Whole Foods Market for 13.7 billion U.S. dollars, the company’s most expensive acquisition by far. This acquisition was primarily a move to expand the company’s online grocery business, one of the fastest growing online shopping trends in the United States.

 

Global net revenue of Amazon 2014-2020, by product group

In 2020, Amazon’s net revenue from subscription services segment amounted to 25.21 billion U.S. dollars. Subscription services include Amazon Prime, for which Amazon reported 150 million paying members worldwide at the end of 2019 . The AWS category generated 45.37 billion U.S. dollars in annual sales. During the most recently reported fiscal year, the company’s net revenue amounted to 386.06 billion U.S. dollars.

Amazon revenue segments

Amazon is one of the biggest online companies worldwide. Indeed, in 2019, the company’s revenue increased by 21 percent, compared to Google’s revenue growth during the same fiscal period, which was just 18 percent. The majority of Amazon’s net sales are generated through its North American business segment, which accounted for 236.3 billion U.S. dollars in 2020. The United States are the company’s leading market, followed by Germany and the United Kingdom.

Business segment: Amazon Web Services

Amazon Web Services, commonly referred to as AWS, is one of the strongest-growing business segments of Amazon. AWS is a cloud computing service that provides individuals, companies and governments with a wide range of computing, networking, storage, database, analytics and application services, among many others. As of the third quarter of 2020, AWS accounted for approximately 32 percent of the global cloud infrastructure services vendor market.

 

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by Nicolas Bourdeau

Nicolas Bourdeau is CEO at PricingScan. Autonomous, rigorous, professional with a capacity for rapid adaptation to various problems, he is ready to invest in founding projects and always taking up new challenges.

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