The chart above displays the quarterly net revenue of Amazon from 2020 to 2023. The company generated $127.4 billion in the first quarter of 2023, which was around $11 billion higher than its net sales in the same quarter of the prior year. In just the previous quarter (Q4 2022), the company had generated the highest ever quarterly net sales in its history of above $149 billion. Amazon’s total net revenue for the second quarter of 2023 was $134.383 billion compared to $121.234 billion in the same quarter of the previous year.
Quarterly revenue of Amazon 2011-2023.
Amounts are in millions.
FY 2023
Net sales (millions)
Q1
$127,358
Q2
$134,383
Amazon’s net sales in the first quarter of 2023 were around $11 billion higher compared to the same quarter of the prior year. The company generated $127.4 billion in net sales in Q1 2023. In the second quarter of 2023, Amazon has generated $134.4 billion or more than $13 billion higher in net sales compared to the same quarter of the prior year.
FY 2022
Net Sales (millions)
Q1
$116,444
Q2
$121,234
Q3
$127,101
Q4
$149,204
Total
$513,983
During the fourth quarter of 2022, the net sales of Amazon climbed to $149,204 million, which was the highest quarterly revenue that the company had ever generated in its history. Its total net revenue for 2022 reached $514 billion. Amazon ‘s total net sales have crossed the $500 billion mark for the first time in its history in 2022.
FY 2021
Net Sales (millions)
Q1
$108,518
Q2
$113,080
Q3
$110,812
Q4
$137,412
Total
$469,822
FY 2020
Revenue ($mn)
Q1
$75,452
Q2
$88,912
Q3
$96,145
q4
$125,555
Total
$386,064
Again in 2021, Amazon generated its highest ever quarterly revenues in the fourth quarter of the fiscal year. The company generated $125.555 billion in net revenues in the fourth quarter of 2021 compared to $87.437 billion during the same period in the previous year.
FY 2019
Revenue ($mn)
Q1
$59,700
Q2
$63,404
Q3
$69,981
Q4
$87,437
Total
280,522
During the fourth quarter of 2019, Amazon recorded its highest ever quarterly revenue. Net revenue of the company during the fourth quarter was $87,437 million, which was more than $15 billion higher compared to the net sales of the company in the same quarter of the prior year.
FY 2018
Net Sales (Millions)
Q1
$51,042
Q2
$52,886
Q3
$56,576
Q4
$72,383
FY 2017
Revenues (Millions)
Q1
$35,714
Q2
$37,955
Q3
$43,744
Q4
$60,453
FY 2016
Net Sales (Millions)
Q1
$29,128
Q2
$30,404
Q3
$32,714
Q$
$43,741
FY 2015
Net Sales (Millions)
Q1
$22,717
q2
$23,185
Q3
$25,358
Q4
$35,747
FY 2014
Net Sales (Millions)
Q1
$19,741
Q2
$19,340
Q3
$20,579
Q4
$29,328
FY 2013
Net Sales (Millions)
Q1
$16,070
Q2
$15,704
Q3
$17,092
Q4
$25,587
FY 2012
Net Sales (Millions)
Q1
$13,185
Q2
$12,834
Q3
$13,806
Q4
$21,268
FY 2011
Net Sales (Millions)
Q1
$9,857
Q2
$9,913
Q3
$10,876
Q4
$17,431
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 Jeff Bezos. 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.