The above graph represents Amazon quarterly revenue from products and services sold to customers, worldwide. Interestingly, more than half of Amazon’s total revenue in Q4 2019 came from its products. The company reported its highest-ever quarterly revenue from both, products and services offered to customers during the quarter. Amazon products revenue in Q4 2019 increased an appreciable 13.1% YoY to $50,542 million ($50.5 billion). On the other hand, Amazon services revenue in Q4 2019 increased over 33.3% YoY to $36,895 million ($36.9 billion).
Amazon Revenue from Products and Services: History
|Source||Amazon Quarterly Reports, SEC Filings|
|Note||Amazon Fiscal Year – from January to December|
One must note that in Q4 2018, Amazon quarterly revenue from products and services reached new heights, amounting to $44,700 million and $27,683 million, respectively. The company recorded nearly 8.17% YoY growth in its revenue from products and a whopping 44.73% YoY growth in its revenue from services offered to customers during the fourth quarter of 2018.
Amazon Revenue from Products
As the graph shows, Amazon generates comparatively higher revenue, from the sales of its products, in the fourth quarter than the first three quarters of any particular year.
In Q4 2011, the Washington-based retail giant posted a record $15,309 million ($15 billion) in revenue from its products, registering a whopping 87.8% of the company’s total revenue in the quarter. While the revenue from products in Q1, Q2 and Q3 quarter remained less than $10 billion.
Interestingly, in Q4 2015, Amazon’s quarterly revenue from products crossed the $25-billion milestone for the first time. The total products revenue increased from $23,102 million ($23.1 billion) in Q4 2014 to $26,618 million ($26.6 billion) in Q4 2015.
Amazon Revenue from Services
Similarly, Amazon’s revenue from its services business is comparatively higher in the fourth quarter than the first three quarters of any particular year.
Amazon’s quarterly revenue from services crossed $15-billion mark for the first time in Q4 2017. The company generated about $19,128 million (~$19 billion) in revenue from the services sold to its customers during the fourth quarter, with an astonishing 45.9% YoY growth.
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.
The above graph is a part of Dazeinfo GraphFarm – the most trusted source of hundreds of thousands of market graphs. Our team of researchers mines millions of data points every month to bring the most updated and validated set of data points representing the comprehensive view in a graphical format. From mobile to e-commerce, from Retail to healthcare, from startups to SMEs we have carefully designed thousands of graphs for those who value and understand the importance of data visualisation.