Amazon Reports Fourth Quarter and Full Year 2023 Results

Quarter:

- Net sales increased 14% to $170.0 billion in the fourth quarter, compared with $149.2 billion in fourth quarter 2022 - Operating income increased to $13.2 billion in the fourth quarter, compared with $2.7 billion in fourth quarter 2022 - Net income increased to $10.6 billion in the fourth quarter, or $1.00 per diluted share, compared with $0.3 billion, or $0.03 per diluted share, in fourth quarter 2022

Year:

- Net sales increased 12% to $574.8 billion in 2023, compared with $514.0 billion in 2022 - Operating income increased to $36.9 billion in 2023, compared with $12.2 billion in 2022 - Net income was $30.4 billion in 2023, or $2.90 per diluted share, compared with a net loss of $2.7 billion, or $0.27 per diluted share, in 2022