Amazon earnings are out – here are the numbers

Andy Jassy, CEO of Amazon, speaks during an unveiling event in New York on Feb. 26, 2025.

Amazon reported better-than-expected revenue and cloud growth for the second quarter. The stock shot up more than 9% in extended trading.

Here's how the company did, compared with estimates from analysts polled by LSEG:

Earnings per share: $5.75 a share. That may not compare with the $1.82 per share expected by LSEG

$5.75 a share. That may not compare with the $1.82 per share expected by LSEG Revenue: $200.61 billion vs. $196.47 billion estimated

Wall Street was also looking at other key revenue numbers:

Amazon Web Services: $42.2 billion vs. $40.54 billion expected, according to StreetAccount

$42.2 billion vs. $40.54 billion expected, according to StreetAccount Advertising: $19.81 billion vs. $19.43 billion expected, according to StreetAccount

Revenue in Amazon's cloud segment expanded 37% year over year during the quarter, surpassing Wall Street's expectations for 31% growth. That marked the unit's fastest growth in 18 quarters, Amazon CEO Andy Jassy said in the earnings release.

Jassy said AWS is "booming," and pointed to the growth of its artificial intelligence and homegrown chips units, which both exceeded a $25 billion annual revenue run rate. Amazon has increasingly looked to highlight its in-house chips division, which includes the Trainium and Graviton brands, as a newer growth pillar for the company. Its AI products like the Bedrock model marketplace have primarily been targeted for enterprises.

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