US’ Amazon’s sales up 11% YoY to $638 bn in 2024, income surges
Amazon.com, Inc has reported $638.0 billion in net sales for full year 2024, an 11 per cent YoY increase. Operating income rose to $68.6 billion from $36.9 billion in 2023, while net income doubled to $59.2 billion. Sales in Q4 2024 grew 10 per cent YoY to $187.8 billion. For Q1 FY25, Amazon forecasts net sales of $151.0-$155.5 billion and operating income of $14.0-$18.0 billion.
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