After a wonderful, several years long streak of solid net revenue and income, Amazon reported net losses worth $2.72 billion in 2022. In the prior year, the company had generated $33.4 billion in net income. The company generated more than $500 billion in net revenue in 2022.
Net Income of Amazon 2002-2022
Amounts are in millions.
| Year | Net Income (Millions) |
| 2022 | $(2,722) |
| 2021 | $33,364 |
| 2020 | $21,331 |
| 2019 | $11,588 |
| 2018 | $10,073 |
| 2017 | $3,033 |
| 2016 | $2,371 |
| 2015 | $596 |
| 2014 | $ (241) |
| 2013 | $274 |
| 2012 | $(39) |
| 2011 | $631 |
| 2010 | $1,152 |
| 2009 | $902 |
| 2008 | $645 |
| 2007 | $ 476 |
| 2006 | $190 |
| 2005 | $359 |
| 2004 | $588 |
| 2003 | $35 |
| 2002 | $(149) |
2021: Amazon’s net income in 2021 grew to $33.4 billion compared to $21.3 billion in 2020. The company’s net sales reached $469.8 billion in 2021 compared to $386.06 billion in 2020.
2019: The net income of Amazon in 2019 reached $11.6 billion compared to $10.07 billion in 2018, yoy growth of around 15%.
2018: Amazon’s net income rose from 3 Billion dollars in 2017 to 10.1 Billion dollars in 2018.
About Amazon:
Amazon (NASDAQ: AMZN) is the largest ecommerce brand as well as one of the leading cloud services brand. The company which was founded in 1994 has seen enormous growth over the last five years and has greatly extended its range of cloud based services.
Amazon has its headquarters in Seattle, Washington, United States. The CEO of Amazon is Andy Jassy. Amazon Web Services (AWS) is the cloud services platform of Amazon. Amazon is also the largest R&D spender in the entire industry. The company has divided its business into three main segments that include Amazon North America, Amazon International, and AWS.Â
The net Income of Amazon inc. in 2017 was 3033 Million dollars which was more than 650 million dollars higher than its net income previous year. In 2016, its net income was 2371 million dollars. During the recent years its net income has grown very fast. In 2015, the net income of Amazon inc was only 596 million dollars.
Abhijeet Pratap is a passionate blogger with seven years of experience in the field. Specializing in business management and digital marketing, he has developed a keen understanding of the intricacies of these domains. Through his insightful articles, Abhijeet shares his knowledge, helping readers navigate the complexities of modern business landscapes and digital strategies.