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The numbers
$13.9 billion — How much Amazon made on its advertising services during Q1 of 2025, up 18% compared to Q1 of 2024.
$155.7 billion — Amazon’s net sales for Q1 of 2025, a 9% increase from last year.
$18.4 billion — Amazon’s Q1 operating income, up 20% year-over-year.
$29.3 billion — Net sales for Amazon Web Services this quarter, up 17% year-over-year.
85% — The proportion of the global IT market spend that’s still on premises, rather than in the cloud, according to Amazon chief executive officer Andy Jassy. He expects that to flip in the next 10 to 20 years, which could spell huge growth for AWS.
