Gilbert: AWS operating profit exceeds Amazon retail despite being 15% of revenue
Ben Gilbert · Amazon Web Services · Acquired · Sep 6, 2022 · at 2:57
Acquired co-host Ben Gilbert compares the operating margins and profitability of Amazon Web Services (AWS) to Amazon's core e-commerce retail business.
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“AWS's revenue is only about 15% the size of Amazon's massive retail business, but their profits, or the operating income, to be specific, from AWS Are in total the same, if not more than their e-commerce store. I think it's the case that every year since 2015, when they started breaking out AWS's financials, the total operating income from AWS has actually been bigger than the retail business.”
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