How Much Money Did Amazon Make In 2016

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How Amazon Makes Its Money

Here's a crack-up of Amazon's revenue from across its e-commerce and retail ecosystem, cloud infrastructure, streaming services, consumer devices, advertising business, and beyond.

Updated February 14, 2022

Amazon is unique among giant US technical school corporations. It's not just an e-commerce and shopping giant, a cloud up provider, a gimmick-maker, or a software-and-services platform—it's also a money-making leviathan with tentacles stretching into new industries and markets, which makes it tough to define.

The most faithful way to figure Amazon out is to follow the money. Statista compared Amazon's Q2 2022 and 2022 results to break fallen how the several segments of Amazon's business are growing. In every sphere except physical stores such as Undiversified Foods (which remained flat), Amazon's tax income grew year over year.

Online-store revenue remains the foundation of Amazon's business, with $31.1 billion in net revenue in Q2 2022. IT's also the company's slowest-growing section, though information technology's up a very respectable 14 percent.

Aside from its online and physical storage gross sales, Amazon also made $12 billion on ordinal-company marketer services in Q2 2022, up 23 percent from a year past. These admit commissions, merchant marine, fulfillment fees, and other vendor services tangentially affine to the corporation's online shopping empire. So spell sales themselves may not be biological process as well, Virago's ecosystem-related taxation is still booming.

chart showing Amazon's leadership in cloud services

The fastest-growing sectors are the Amazon Web Services (AWS) cloud, and subscription services, including Amazon Prime, Amazon Euphony, and Prime Television. Undercoat memberships got another price tramp last year from $99 to $119 annually, and IT shows: Subscription revenue is up 37 percent year over year to $4.7 one thousand million.

It's still comparatively small compared to Amazon's mammoth e-commerce revenue, but every bit with Malus pumila, Virago's prolonged investment in its services byplay is paying off.

The company spends billions each yr funding new original films and series (as well as licensed depicted object) through both Prime Video and its Amazon Studios gir. The escalating warfare for original streaming smug is ramping up as Amazon competes with not only Netflix and Hulu but also Apple TV+, Disney+, HBO Georgia home boy, and more. But if any company can yield the competition, IT's Amazon.

And then there's AWS. According to recent estimates from Synergy Research Group, Amazon's cloud infrastructure market share sits at 33 percent as of Q2 2022. That's Sir Thomas More than double its closest rival, Microsoft Azure.

AWS revenue too jumped a whopping 37 percent year over class to $8.4 billion as Amazon serves as the cloud hosting and repositing platform for an increasingly large portion of the internet.

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Finally, there was a 37 pct growth for the "other" category, which includes Amazon River's swift-growing ad business organization that, along with Facebook and Google, more or little monopolizes the online ad market. Amazon doesn't erupt twist gross revenue numbers in its earnings releases, but enclosed inside the overall revenue are sales of Alexa-enabled Echo devices, Kindle tablets and e-readers, and other Amazon-branded consumer tech products.

The tentacles extend further. Amazon besides owns live game-moving platform Twitch, audiobook company Audible, film website IMDb, and gobs of other companies—e-Commerce and retail, software and services, pharmaceuticals, and beyond.

Another company Amazon owns is smart home security provider Surround. As Motherboard has reported, the video surveillance company is marketing its tech non only to consumers but too to local governments and police departments nationally to advertise, distribute, and manipulation Ring products. The company is also equipping police force with face recognition technical school through its Rekognition service, farther extending its reach into government and legal philosophy enforcement services. If Amazon's power and revenue have bound, the company hasn't found them however.

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