Amazon Reports Strong Q2 2024 Financial Results with $148 Billion in Revenues

Aug 5, 2024, 04:07 PM

Amazon reported strong financial results for Q2 2024, with revenues reaching $148 billion and operating income hitting $14.7 billion, representing a 10% increase in net sales. This marks a significant rise from Q2 2020, when the company reported $88 billion in revenues and $5.8 billion in operating income. In North America, Amazon's sales were nearly triple its international sales, which amounted to $31.7 billion. Amazon Web Services (AWS) continues to play a crucial role in the company's performance.