Amazon · revenue by segment
Amazon revenue by segment
How does Amazon make money?
North America: 59.5% of FY2025 revenue
Numbers, method and sources
Share = segment revenue ÷ total revenue of the same fiscal year (derived by Hollsteen). Only years in which the reported parts add up exactly to total revenue are shown; latest 6 of 10 such years. Sources: 10-K, 8-K Ex.99 earnings releases, sum of 4 quarters; each value names its filing.
FY2025 · revenue $716.9B · 10-K · filed Feb 6, 2026
- North America$426.3B 59.5%
8-K Ex.99 earnings releases, sum of 4 quarters · filed Feb 5, 2026
- International$161.9B 22.6%
8-K Ex.99 earnings releases, sum of 4 quarters · filed Feb 5, 2026
- AWS$128.7B 18.0%
8-K Ex.99 earnings releases, sum of 4 quarters · filed Feb 5, 2026
FY2024 · revenue $638.0B · 10-K · filed Feb 7, 2025
- North America$387.5B 60.7%
8-K Ex.99 earnings releases, sum of 4 quarters · filed Feb 6, 2025
- International$142.9B 22.4%
8-K Ex.99 earnings releases, sum of 4 quarters · filed Feb 6, 2025
- AWS$107.6B 16.9%
8-K Ex.99 earnings releases, sum of 4 quarters · filed Feb 6, 2025
FY2023 · revenue $574.8B · 10-K · filed Feb 2, 2024
- North America$352.8B 61.4%
8-K Ex.99 earnings releases, sum of 4 quarters · filed Feb 1, 2024
- International$131.2B 22.8%
8-K Ex.99 earnings releases, sum of 4 quarters · filed Feb 1, 2024
- AWS$90.8B 15.8%
8-K Ex.99 earnings releases, sum of 4 quarters · filed Feb 1, 2024
FY2022 · revenue $514.0B · 10-K · filed Feb 3, 2023
- North America$315.9B 61.5%
8-K Ex.99 earnings releases, sum of 4 quarters · filed Feb 2, 2023
- International$118.0B 23.0%
8-K Ex.99 earnings releases, sum of 4 quarters · filed Feb 2, 2023
- AWS$80.1B 15.6%
8-K Ex.99 earnings releases, sum of 4 quarters · filed Feb 2, 2023
FY2021 · revenue $469.8B · 10-K · filed Feb 4, 2022
- North America$279.8B 59.6%
8-K Ex.99 earnings releases, sum of 4 quarters · filed Feb 3, 2022
- International$127.8B 27.2%
8-K Ex.99 earnings releases, sum of 4 quarters · filed Feb 3, 2022
- AWS$62.2B 13.2%
8-K Ex.99 earnings releases, sum of 4 quarters · filed Feb 3, 2022
FY2020 · revenue $386.1B · 10-K · filed Feb 3, 2021
- North America$236.3B 61.2%
8-K Ex.99 earnings releases, sum of 4 quarters · filed Feb 2, 2021
- International$104.4B 27.0%
8-K Ex.99 earnings releases, sum of 4 quarters · filed Feb 2, 2021
- AWS$45.4B 11.8%
8-K Ex.99 earnings releases, sum of 4 quarters · filed Feb 2, 2021
SEC filings only (10-K, 20-F, 8-K Ex.99 earnings releases, S-1). Derived = calculated by Hollsteen from reported SEC values; no market data.
Where does each revenue dollar go?
11¢ of every revenue dollar became net income
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Numbers, method and sources
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How has Amazon’s revenue mix changed?
International: 32% → 23% of revenue (FY2016–FY2025)
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Numbers, method and sources
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Amazon revenue by segment, by fiscal year
Segment revenue and share of total revenue (derived); each value links to its filing. “8-K sum” = fiscal-year value derived as the sum of four quarterly earnings releases (8-K Ex.99), not taken from the 10-K. Latest 5 fiscal years, newest first.
| Segment | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 |
|---|---|---|---|---|---|
| North America | $426.3B59.5%8-K sum | $387.5B60.7%8-K sum | $352.8B61.4%8-K sum | $315.9B61.5%8-K sum | $279.8B59.6%8-K sum |
| International | $161.9B22.6%8-K sum | $142.9B22.4%8-K sum | $131.2B22.8%8-K sum | $118.0B23.0%8-K sum | $127.8B27.2%8-K sum |
| AWS | $128.7B18.0%8-K sum | $107.6B16.9%8-K sum | $90.8B15.8%8-K sum | $80.1B15.6%8-K sum | $62.2B13.2%8-K sum |