📈 Amazon’s Net Sales Reach $638 Billion in 2024, Net Income Nearly Doubles to $59 Billion

Amazon’s net sales grew to $638 billion in 2024, an 11.0% year-over-year increase, while net income surged 94.7% to $59 billion, pushing its net profit margin to 9.3%. Over the past two decades (2004–2024), Amazon has maintained a compound annual growth rate (CAGR) of 25.4% in revenue and 25.9% in net income.