
Amazon reported a net income of $17.1 billion on revenues of $155.7 billion for the quarter ending March 31, 2025. Those figures represent gains of 64.4 percent and 9 percent, respectively, year-over-year (YOY).
“We’re pleased with the start to 2025, especially our pace of innovation and progress in continuing to improve customer experiences,” Amazon president and CEO Andy Jassy said. “From Alexa+ (our next generation of Alexa that’s meaningfully smarter, more capable, and takes actions for customers), to another delivery speed record for our Prime members, to our new Trainium2 chips and Bedrock model expansion that make it easier for AWS customers to train models and run inference more flexibly and cost-effectively, to our first Project Kuiper satellites successfully launching into low earth orbit in our quest to provide broadband access to hundreds of millions of households in rural areas without it today—we’re continuing to find meaningful ways to make customers’ lives easier and better every day.”
North America accounted for $92.9 billion of those revenues, a gain of 8 percent YOY and almost 60 percent of all Amazon’s revenues. International revenues were $35.5 percent, up 5 percent YOY, while AWS revenues hit $29.3 billion, a gain of 17 percent YOY. Free cash flow decreased to $25.9 billion, from $50.1 billion in the year-ago quarter.
Most of the data that Amazon provides with its quarterly financial reports is promotional in nature and not of interest to anyone trying to understand the health of this company. But the AWS side, the firm did note that it signed new agreements with Adobe, Uber, Nasdaq, Ericsson, Fujitsu, Cisco, Cargill, Mitsubishi Electric Corporation, General Dynamics Information Technology, GE Vernova, Booz Allen Hamilton, NextEra Energy, Publicis Sapient, Elastic, KPN, and Netsmart.
Looking ahead, Amazon expects revenues between $159 billion and $164 billion in the current quarter, which would represent growth of 7 to 11 percent.