E-commerce and cloud-storage giant Amazon has been one of the biggest beneficiaries of changing consumer behavior during the COVID-19 pandemic. Its sales jumped 35% to more than $260 billion in the first nine months of 2020, as people stopped going to stores and spent more online. The company’s market-leading cloud-computing division, Amazon Web Services, has also benefited in 2020 as the hosting platform for everything from Netflix to Zoom.
Paul Bersebach—MediaNews Group/Orange County Register/Getty Images
Company Information
As of 3/29/23
Country
U.S.
Headquarters
Seattle
Industry
Internet Services and Retailing
CEO
Andrew R. Jassy
Website
Company Type
Public
Ticker
AMZN
Revenues ($M)
$513,983
Profits ($M)
$-2,722
Market Value ($M)
$962,423
Employees
1,541,000
Figures are for fiscal year ended Dec. 31, 2022. Market value as of March 8, 2023. Sources: S&P Global; Bloomberg.
Future 50As of 12/3/20
Overall Score
17
Sector
Consumer Discretionary
Historical Data
Year | Revenues ($M) | Profits ($M) |
---|---|---|
2019 | $252,063 | $12,096 |
2018 | $208,125 | $6,275 |
2017 | $150,124 | $1,922 |
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