The above graph represents Amazon quarterly revenue by segment, starting from fiscal Q1 2000 to the most recent quarter. Currently, the company has three segments: North America, International, and AWS. Interestingly, Amazon’s North America segment accounted for a whopping 61% of the total revenue generated in Q3 2019. This is followed by the International and AWS (Amazon Web Services) segment.
|Source||Amazon Quarterly Reports, SEC Filings|
|Last Updated||05 November 2019|
|Note||Amazon Fiscal Year – from January to December|
Amazon’s revenue from North America segment in Q3 2019 increased an impressive 24.1% YoY to $42,638 million ($42.6 billion). While the revenue from International segment clocked $18,348 million ($18.3 billion) during the third quarter, with an 18% YoY increase.
Amazon Web Services revenue increased from $6,679 million ($6.7 billion) in Q3 2018 to a record $8,995 million (~9 billion) in Q3 2019, representing a whopping 34.7% YoY growth.
Amazon Segment Revenue by Quarter: History
In Q4 2018, Amazon posted its highest-ever revenue of $72.4 billion, globally. A majority of that came from its North America segment, followed by International and AWS segments. The company witnessed a considerable 18% YoY growth in its North America revenue, bringing in $44,124 million ($44.1 billion) – the highest-ever revenue from the North America segment.
Similarly, Amazon’s revenue from the International segment also reached an all-time high of $20,829 million ($20.8 billion), with a year-over-year increase of 15.5%.
It is important to note that Amazon has been witnessed significant year-over-year growth in AWS (Amazon web services) since its launch. The AWS revenue in Q4 2018 increased to $7,430 million, from just $5,113 million during the year-ago period – representing a whopping 45.3% YoY growth.
Amazon Segment Information
- Amazon North America segment primarily consists of amounts earned from retail sales of consumer products (including from sellers) and subscriptions through North America-focused online and physical stores.
- Amazon International segment primarily consists of amounts earned from retail sales of consumer products (including from sellers) and subscriptions through internationally-focused online stores. This segment includes export sales from these internationally-focused online stores (including export sales from these online stores to customers in the U.S., Mexico, and Canada, but excluding export sales from our North America-focused online stores).
- Amazon AWS segment consists of amounts earned from global sales of compute, storage, database, and other service offerings for start-ups, enterprises, government agencies, and academic institutions.
About Amazon.com Inc: Additional Information
Amazon.com, Inc. (NASDAQ: AMZN) is an American multinational internet and e-commerce company, founded by Jeff Bezos and is headquartered in Seattle, Washington. The company was initially incorporated on July 5, 1994, as Cadabra, Inc, and reincorporated on May 28, 1996, in the state of Delaware.
In July 1995, Amazon began its service as an online bookstore. However, later it started offering an array of products and services to the people around the world. Today, the online retail behemoth has got hands almost in every business related to tech, from retail e-commerce to cloud computing and IoT.
On May 15, 1997, Amazon completed its initial public offering (IPO) of 3,000,000 shares of its common stock, at a price of $18.00 per share.
Amazon’s major products and services include Amazon Web Services, Amazon Prime (February 2, 2005) Amazon Music ( September 25, 2007), Amazon Kindle ( November 19, 2007), Amazon Echo (November 6, 2014), Fire Phone (announced on June 18, 2014), etc.
In June 2013, Amazon finally launched its market place in India.
With $97 billion value, Amazon ranks 4th among the world’s most valuable brands 2019 by Forbes.
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