Amazon Releases Quarterly Earnings Report On October 29, Amazon, the world's largest e-commerce company, released its quarterly earnings report. Revenue reached $201.9 billion, a 12% year-over-year increase. Revenue from its cloud business, AWS, was $46 billion, up 39% year-over-year. Operating profit was $28.1 billion, a 61% year-over-year increase. Net profit was $20.7 billion, a 2% year-over-year decline. The net profit margin stood at 10%. Over the past year, the company generated a net profit of $134.8 billion. The company currently employs approximately 1.58 million people, averaging $85,000 in net profit per employee annually. Founded in 1994, Amazon is one of the few survivors of the dot-com bubble. The company's current market capitalization is approximately $2.6 trillion, ranking fifth among U.S. companies. Amazon is a component of both the S&P 500 and Nasdaq 100 indices. Amazon offers an extremely broad range of products and services, primarily encompassing online retail, proprietary electronic devices, subscription services, and cloud computing. Its core proprietary brands include the Kindle e-reader, Echo smart speakers, Fire tablets, and Ring security devices. Additionally, Amazon holds a significant market position through its Prime membership program, AWS cloud services, and advertising business.