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SEATTLE--(BUSINESS WIRE)-- Amazon.com, Inc. (NASDAQ: AMZN) today announced financial results for its first quarter ended March 31, 2023.

• Net sales increased 9% to $127.4 billion in the first quarter, compared with $116.4 billion in first quarter 2022. Excluding the $2.4 billion unfavorable impact from year-over-year changes in foreign exchange rates throughout the quarter, net sales increased 11% compared with first quarter 2022.
  • North America segment sales increased 11% year-over-year to $76.9 billion.
    
  • International segment sales increased 1% year-over-year to $29.1 billion, or increased 9% excluding changes in foreign exchange rates.
    
  • AWS segment sales increased 16% year-over-year to $21.4 billion.
    
• Operating income increased to $4.8 billion in the first quarter, compared with $3.7 billion in first quarter 2022. First quarter 2023 operating income includes approximately $0.5 billion of charges related to estimated severance costs.
  • North America segment operating income was $0.9 billion, compared with operating loss of $1.6 billion in first quarter 2022.
    
  • International segment operating loss was $1.2 billion, compared with operating loss of $1.3 billion in first quarter 2022.
    
  • AWS segment operating income was $5.1 billion, compared with operating income of $6.5 billion in first quarter 2022.
    
• Net income was $3.2 billion in the first quarter, or $0.31 per diluted share, compared with net loss of $3.8 billion, or $0.38 per diluted share, in first quarter 2022. All share and per share information for comparable prior year periods throughout this release have been retroactively adjusted to reflect the 20-for-1 stock split effected on May 27, 2022.
  • First quarter 2023 net income includes a pre-tax valuation loss of $0.5 billion included in non-operating expense from the common stock investment in Rivian Automotive, Inc., compared to a pre-tax valuation loss of $7.6 billion from the investment in first quarter 2022.
    

und 2024?

SEATTLE—(BUSINESS WIRE) April 30, 2024—Amazon.com, Inc. (NASDAQ: AMZN) today announced financial results for its first quarter ended March 31, 2024.
• Net sales increased 13% to $143.3 billion in the first quarter, compared with $127.4 billion in first quarter 2023.
Excluding the $0.2 billion unfavorable impact from year-over-year changes in foreign exchange rates throughout the
quarter, net sales increased 13% compared with first quarter 2023.

• • North America segment sales increased 12% year-over-year to $86.3 billion.
  
• • International segment sales increased 10% year-over-year to $31.9 billion, or increased 11% excluding changes in foreign exchange rates.
  
• • AWS segment sales increased 17% year-over-year to $25.0 billion.
  

• Operating income increased to $15.3 billion in the first quarter, compared with $4.8 billion in first quarter 2023.

• • North America segment operating income was $5.0 billion, compared with operating income of $0.9 billionin first quarter 2023.
  
• • International segment operating income was $0.9 billion, compared with an operating loss of $1.2 billion infirst quarter 2023.
  
• • AWS segment operating income was $9.4 billion, compared with operating income of $5.1 billion in firstquarter 2023.
  

• Net income increased to $10.4 billion in the first quarter, or $0.98 per diluted share, compared with $3.2 billion, or
$0.31 per diluted share, in first quarter 2023.

• • First quarter 2024 net income includes a pre-tax valuation loss of $2.0 billion included in non-operating
  
• expense from the common stock investment in Rivian Automotive, Inc., compared to a pre-tax valuation loss
  
• of $0.5 billion from the investment in first quarter 2023.