Amazon (AMZN) Q1 earnings report 2025

Amazon reported better-than-expected outcomes for the primary quarter, pushed by progress in its cloud computing and promoting companies, nevertheless it gave comfortable steering for the present interval.

The inventory fell greater than 4% in prolonged buying and selling.

This is how the corporate did, in contrast with estimates from analysts polled by LSEG:

• Earnings per share: $1.59 vs. $1.36 estimated
• Income: $155.67 billion vs. $155.04 billion estimated

Wall Avenue can also be different key income numbers:

• Amazon Net Companies: $29.3 billion vs. $29.42 billion anticipated, in keeping with StreetAccount
• Promoting: $13.92 billion vs. $13.74 billion anticipated, in keeping with StreetAccount

Amazon stated it expects second quarter working earnings to be between $13 billion and $17.5 billion, under the $17.64 billion consensus forecast, in keeping with StreetAccount.

The corporate expects gross sales this quarter to be between $159 billion and $164 billion, representing progress of seven% to 11%. Analysts had been anticipating $160.9 billion, in keeping with LSEG.

Amazon famous “tariffs and commerce insurance policies” are amongst a variety of things that might make its steering topic to alter. The corporate did not check with tariffs in its forward-looking steering final quarter.

The subject of tariffs is a significant focus amongst buyers this quarter. Amazon faces vital publicity to the tariffs, primarily via its retail unit. Amazon sources some merchandise from China, which was hit with an aggressive 145% levy on account of President Donald Trump’s sweeping tariffs.

Many sellers on Amazon’s third-party market, which accounts for greater than half of the corporate’s complete gross sales, depend on the world’s second-largest financial system to make or assemble their merchandise. Some sellers have already raised costs and reduce on promoting spend as they confront increased import prices.

Web earnings got here in at $17.13 billion, or $1.59 per share, in contrast with $10.43 billion, or 98 cents per share, a 12 months in the past.

Gross sales in Amazon’s cloud division got here in just under consensus estimates, marking the third consecutive quarter of income misses. AWS income grew 17% in the course of the quarter, which was a slower price than analysts’ anticipated. Final quarter, gross sales within the unit expanded 18.9%.

Promoting was a shiny spot within the report. Gross sales within the unit rose 19% 12 months over 12 months to $13.92 billion in the course of the quarter, outpacing the expansion in Amazon’s core retail enterprise.