The above graph represents Amazon Web Services revenue by quarter and its contribution to the company’s overall quarterly revenue. Amazon’s revenue from cloud computing business has constantly been increasing over the last few years, despite the declining YoY growth. Amazon Web Services revenue in Q4 2019 reached an all-time high of $9.95 billion ($9,954 million), with a year-over-year increase of 34%. The contribution of AWS segment to the Amazon’s Q4 2019 revenue was 11.38%.
AWS Revenue by Quarter: History
|Source||Amazon Quarterly Reports, SEC Filings|
|Note||Amazon Fiscal Year – from January to December|
One must note that AWS is the third largest segment of Amazon, consists of amounts earned from the global sales of compute, storage, database, and other service offerings for start-ups, enterprises, government agencies, and academic institutions.
In Q2 2015, Amazon generated $1.82 billion in revenue from its cloud computing business, with the highest-ever YoY growth of 81.5%. However, after that, the year-over-year growth in AWS revenue slowed down til Q3 2017.
It is important to note that the AWS segment contribution to the company’s overall revenue doubled for the first time in Q1 2017. About 10.25% of Amazon’s total revenue in Q1 2017 came from its cloud computing business.
Fiscal Q4 2017 was the first time when AWS revenue surpassed the $5 billion mark for the first time. Amazon’s revenue from AWS clocked $5.11 billion, representing 8.46% of the company’s total revenue during the fourth quarter.
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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