SAN FRANCISCO, May 1 (Xinhua) -- Amazon.com Inc. on Thursday announced its financial results for this year's first quarter ending on March 31, with net sales of 155.7 billion U.S. dollars, up by 9 percent year on year.
Its North America segment sales increased 8 percent year over year to 92.9 billion dollars. International segment sales increased 5 percent to 33.5 billion dollars, or increased 8 percent excluding changes in foreign exchange rates. AWS segment sales increased 17 percent to 29.3 billion dollars.
Amazon's net income increased to 17.1 billion dollars in the first quarter, or 1.59 dollars per diluted share, compared with 10.4 billion dollars, or 0.98 dollars per diluted share, in first quarter 2024.
Its operating income increased to 18.4 billion dollars in the first quarter, compared with 15.3 billion dollars in first quarter 2024.
North America segment operating income was 5.8 billion dollars, compared with 5.0 billion dollars a year ago. AWS segment operating income was 11.5 billion dollars, compared with 9.4 billion dollars in first quarter 2024.
The company's operating cash flow increased 15 percent to 113.9 billion dollars for the trailing twelve months, compared with 99.1 billion dollars for the trailing twelve months ending on March 31, 2024.
Free cash flow decreased to 25.9 billion dollars for the trailing twelve months, compared with 50.1 billion dollars for the trailing twelve months ending on March 31, 2024.
"We're pleased with the start to 2025, especially our pace of innovation and progress in continuing to improve customer experiences," said Andy Jassy, Amazon president and CEO. ■
