The above graph represents Amazon annual revenue by segment, starting from fiscal 2001 to the recently completed year. The company’s operations are divided into three reportable segments: North America, International and Amazon Web Services (AWS). Amazon annual revenue increased an appreciable 20.5% YoY in 2019, to $280,522 million, globally – the highest-ever in history. Interestingly, more than 60% of the company’s total revenue in 2019 came from North America segment. Amazon revenue from North America reached an all-time high of $170,773 million in 2019, representing a strong 20.8% YoY growth. A majority of that came in the fourth quarter alone.
|Source||Amazon Annual Reports, SEC Filings|
|Note||Amazon Fiscal Year – from January to December|
On the other hand, Amazon’s International and Amazon Web Services (AWS) segment accounted for nearly 26.6% and 12.5% of the company’s total consolidated revenues in 2019, respectively.
Amazon annual revenue from International markets also reached highest-ever $74,723 million in 2019, with over 13% YoY increase.
The AWS revenue in 2019 increased a whopping 36.5% YoY to $35,026 million – the highest-ever till date. Nearly 30% of that company generated in the fourth quarter of 2019.
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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