The above graph represents Amazon revenue by year, worldwide, starting from fiscal 1996 to the recently completed year. Amazon annual revenue reached an all-time high of $280,522 million in 2019, with an appreciable 20.5% YoY growth. Over 31% of the company’s total revenue was generated during the fourth quarter alone.
Amazon Annual Revenue Worldwide: History
|Source||Amazon Annual Reports, SEC Filings|
|Note||Amazon Fiscal Year – from January to December|
It is important to note that Amazon is the fastest company ever to reach $100 billion in annual sales in just 21 years. Amazon annual revenue in 2015 increased a notable 20.3% YoY to reach $107 billion, globally, breaking through the $100-billion barrier for the first time in its history.
After three years, in 2018, the retail giant reported a massive $232,887 million ($232.9 billion) in revenue. That’s 117.6% increase from 2015 revenue.
Amazon was incorporated in July 1994 and opened its virtual doors on the Web in July 1995. Interestingly, in just one year, the company’s revenue increased from just $0.5 million in December 1995 to a whopping $15.7 million in December 1996 – representing a record 2981.4% 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.