Andy Jassy, CEO of Amazon Web Services, speaks at the 2019 CERAWeek by IHS Markit conference in Houston, Texas, on March 11, 2019. Earlier this year, we estimated Amazon’s ad business would grow by 53% to $11.33 billion. Find out the revenue, expenses and profit or loss over the last fiscal year. Get the detailed quarterly/annual income statement for Amazon.com, Inc. (AMZN). Amazon will earn almost $10 billion in US net digital ad revenues this year, we estimate. That's an increase of more than 33% over 2018. Amazon has continued to chart a path to retail domination, with the number of Americans who subscribe to Amazon Prime topping 100 million in 2019… Amazon revenue Founded in 1994, Amazon has grown into one of the biggest e-commerce marketplaces and cloud computing platforms worldwide. As in prior years, the company’s Amazon Web Services unit outpaced the company as a whole, growing revenue at a 37% clip to $35 billion. Prime Day 2019 also delivered a boost to sales for Amazon's rivals, many of which have been touting their own deals all week to compete.

This represents a downward revision from our previous forecast due to slower-than-expected growth in H1 2019.



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