Seattle, WA – Amazon.com, Inc. (NASDAQ: AMZN) has announced its financial results for the first quarter ended March 31, 2025, reporting increased net sales and operating income.
The announcement details net sales increased 9% to $155.7 billion in the first quarter, compared with $143.3 billion in first quarter 2024. Excluding a $1.4 billion unfavorable impact from foreign exchange rates, net sales increased 10%. Operating income increased to $18.4 billion in the first quarter, compared with $15.3 billion in first quarter 2024.
Here’s a breakdown of the key segment results:
- North America: Sales increased 8% year-over-year to $92.9 billion, with operating income at $5.8 billion.
- International: Sales increased 5% year-over-year to $33.5 billion (8% excluding changes in foreign exchange rates), with operating income at $1.0 billion.
- AWS: Sales increased 17% year-over-year to $29.3 billion, with operating income at $11.5 billion.
Net income increased to $17.1 billion in the first quarter, or $1.59 per diluted share, compared with $10.4 billion, or $0.98 per diluted share, in first quarter 2024.
“We’re pleased with the start to 2025, especially our pace of innovation and progress in continuing to improve customer experiences,” said Andy Jassy, President and CEO, Amazon.
Other highlights included the introduction of Alexa+, investments in rural delivery networks, the launch of Amazon.ie in Ireland, and continued growth in AWS.
Amazon is guided by four principles: customer obsession rather than competitor focus, passion for invention, commitment to operational excellence, and long-term thinking.
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