SEATTLE — Amazon saw net sales rise by double-digits in the second quarter, jumping to $167.7 billion on a 13% gain.
The company’s North America segment was up 11% year-over-year to $100.1 billion, while international sales rose 16% year-over-year to $36.8 billion. The AWS segment, which includes its cloud computing business, saw the biggest gains, up 17.5% vs. the same quarter in 2024 to $30.9 billion.
Operating income for Q2 was $19.2 billion vs. $14.7 billion for the same quarter a year ago. Looked at by segment, North America operating income was $7.5 billion; international, $1.5 billion; and AWS, $10.2 billion.
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Net income increased $18.2 billion for Q2, or $1.68 per diluted share vs. $13.5 billion and $1.26 per diluted share a year ago. Operating cash flow improved by 12% to $121.1 billion for the trailing 12 months and free cash flow decreased to $18.2 billion for the trailing 12 months.
The company called out several highlights for the quarter, including its four-day Prime Day sale; expansion of its same-day and next-day delivery for customers in 4,000-plus small cities and towns by the end of the year; the launch of generative AI tools to enhance the shopping experience, including the ability to turn product summaries and reviews into audio clips and enhanced listings; expanded Alexa+ early access; and AWS agreements with major companies, including PepsiCo, Airbnb, Peloton and Nissan Motors.
Amazon‘s focus on AI continues, with Andy Jassy, president and CEO, saying: “Our conviction that AI will change every customer experience is starting to play out as we’ve expanded Alexa+ to millions of customers, continued to see our shopping agent used by many millions of customers” and made other developments.
“Our AI progress across the board continues to improve our customer experiences, speed of innovation, operational efficiency and business growth,” he said.
Third-quarter guidance for Amazon calls for net sales between $174 billion and $179.5 billion, or 10% to 13% growth compared with Q3 2024. Operating income is expected to be in the $15.5 billion to $20.5 billion range.
