Amazon FY 2022: $514 billion in sales, up 9%; AWS Cloud services operating profit was $22.8 billion, up 23%

Amazon reported net sales of $514 billion in fiscal year 2022, up 9% from $469.8 billion in fiscal year 2021. In fiscal 2021, the company’s net sales were up 22% from $386.1 billion in fiscal 2020. By contrast, growth slowed in the latest fiscal year.

 

From the perspective of product form, Amazon’s net sales come from product sales and service sales. Product sales increased slightly by less than 1% to $242.9 billion in FY2022 compared to $241.8 billion in FY2021. Services sales increased 19% to $271.1 billion in fiscal year 2022 compared to $228 billion in fiscal year 2021. It can be seen that the growth rate of service sales is higher than that of product sales in this fiscal year

 

North America accounted for the majority of Amazon’s sales this fiscal year, contributing $315.9 billion in fiscal 2022, up 13% from $279.8 billion in fiscal 2021. International sales were $118 billion, compared with $127.8 billion in 2021, representing an 8% decrease in sales. AWS Amazon Cloud Services segment sales were $80.1 billion, up 29% from $62.2 billion in fiscal 2021. That is to say, in this fiscal year, among Amazon’s three business divisions, AWS Amazon Cloud Services division saw the most significant growth.

 

As a percentage of sales, North America contributed 61% of sales this fiscal year, up slightly from 60% in fiscal 2021. International sales accounted for 23% of total sales, down from 27% in the previous fiscal period. AWS accounted for 16% of sales, up from 13% in fiscal 2021.

 

On a country-by-country basis, 69% of the company’s sales this fiscal year came from the US, 7% from Germany, 6% from the UK and 5% from Japan. The rest of the world accounted for 14% of sales. It can be seen that, in contrast, the company mainly serves North America, Europe and other developed countries, with a relatively low proportion of sales in Asia, Africa and other regions.

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