The numbers
$13.9 billion — How a lot Amazon made on its promoting providers throughout Q1 of 2025, up 18% in comparison with Q1 of 2024.
$155.7 billion — Amazon’s internet gross sales for Q1 of 2025, a 9% enhance from final 12 months.
$18.4 billion — Amazon’s Q1 working earnings, up 20% year-over-year.
$29.3 billion — Internet gross sales for Amazon Net Providers this quarter, up 17% year-over-year.
85% — The proportion of the worldwide IT market spend that’s nonetheless on premises, reasonably than within the cloud, in response to Amazon chief govt officer Andy Jassy. He expects that to flip within the subsequent 10 to twenty years, which may spell big development for AWS.
54.6 million — The variety of folks that watched Amazon Prime Video’s Reacher’s season three debut within the first 19 days after its launch in February.
$159 to 164 billion — Amazon’s forecasted internet gross sales for Q2.
The watercooler discuss
Amazon’s promoting enterprise continues to outpace its general development. Advert providers grew 18% year-over-year. Internet gross sales in the meantime had a development price of half that.
Buyer expertise goes to be reinvented by agentic AI, Jassy stated, and since so most of the startups innovating round AI brokers are utilizing AWS, that’s going to proceed to result in extra development for that portion of the enterprise.
Uncertainty round tariffs, and the way these tariffs will influence shopper demand all year long, loomed over the decision.
“It’s exhausting to inform what’s going to occur with tariffs proper now,” Jassy stated. “It’s exhausting to inform the place they’re going to settle and once they’re going to settle.”
Nonetheless, Jassy additionally famous that common costs haven’t “appreciably” elevated but, largely as a result of sellers haven’t modified costs to this point. That’ll possible change, however it’s unclear precisely what the influence might be, he stated.
The key quote
