Amazon.com Inc (AMZN) reports a 61% surge in operating income and strong performance in AWS and advertising segments despite facing foreign exchange challenges.

Amazon faced ~900 Mn FX headwind in 4Q’24 which was ~700 mn higher than assumed. For the third consecutive quarter, AWS grew 19% YoY. Despite the North America segment being more than 2.5x the size of the International segment, it grew by 10% whereas international revenue increased by 9%.

The revenue figure for AWS can be found in Amazon’s Q4 2024 earnings report. Amazon Web Services, which provides server infrastructure for countless games, websites, and streaming services, brought in $28.8 billion in revenue, accounting for a solid chunk of the company’s overall $187.8 billion for the quarter.

Good day, everyone, and welcome to the Amazon.com fourth quarter 2024 financial results teleconference. At this time, all participants are in a listen-only mode. After the presentation, we will conduct a question-and-answer session.