Amazon.com (AMZN) Revenue — Quarter Ended Sep 30, 2024
Revenue for the quarter increased, driven by higher net sales across segments. The growth rate improved compared to both the prior quarter and the same period last year.
Key takeaway
Quarter ended Sep 30, 2024 · FY2024 Q3
Revenue for the quarter increased, driven by higher net sales across segments. The growth rate improved compared to both the prior quarter and the same period last year.
Financial snapshot
Reported revenue, sequential change, year-over-year change, and trailing four-quarter revenue.
Quarter revenue
$158.9B
Revenue reported for this quarter.
Quarter-over-quarter
+7.4%
Change from the immediately preceding quarter.
Year-over-year
+11.0%
Change from the comparable year-ago quarter.
Trailing four quarters
$620.1B
Sum of the latest four reported quarters.
Quarterly revenue trend
The latest four reported quarters with year-over-year comparisons.
| Period ended | Revenue | Year-over-year change |
|---|---|---|
| Dec 31, 2023 | $170B | +13.9% |
| Mar 31, 2024 | $143.3B | +12.5% |
| Jun 30, 2024 | $148B | +10.1% |
| Sep 30, 2024 | $158.9B | +11.0% |
Revenue performance
The reported revenue rose sequentially and also exceeded the level from a year ago, reflecting sustained demand.
Quarterly comparison
Sequential growth was solid, and the year-over-year expansion accelerated from the previous quarter's pace.
What to watch
Monitor whether operating cash flow generation continues to outpace capital spending, as the gap widened in the latest quarter.