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Home Amazon

Amazon sales reach $ 386.1 billion in 2020

This is 37% more than in 2019

Amazon, which owns the largest online store globally, reported for the last quarter of 2020 and the year as a whole.

Amazon sales
Amazon sales

Q4 2020 sales reached $ 125.6 billion. This is 42% more than in the same period in 2019 when the company generated $ 87.4 billion. Quarterly operating income increased from $ 3.9 billion to $ 6.9 billion, and net income rose from $ 3.3 billion to $ 7.2 billion.

Full-year 2020 sales were $ 386.1 billion. This is 38% more than in 2019 when the company had sales of $ 280.5 billion. Operating income for 2020 was $ 22.9 billion, up from $ 14.5 billion in 2019. Net income increased from $ 11.6 billion to $ 21.3 billion.

The e-commerce giant expects revenues of $ 100.0-106.0 billion and an operating profit of $ 3.0-6.5 billion in the current quarter.

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