Amazon released its Q1 2025 financial results on May 1, 2025, revealing a strong performance. The company's net sales increased by 9% to $155.7 billion, compared to $143.3 billion in the first quarter of 2024. This exceeded analyst expectations, which had estimated revenue at $155.1 billion.
Earnings per share (EPS) also surpassed forecasts, coming in at $1.59 against an expected $1.37. Amazon Web Services (AWS) continued to be a significant contributor, with revenue rising to $29.3 billion. However, the company cautioned about potential impacts from tariffs and trade policies in its Q2 guidance.
For the second quarter of 2025, Amazon anticipates net sales between $159.0 billion and $164.0 billion, representing growth of 7% to 11% compared to Q2 2024. Operating income is projected to be between $13.0 billion and $17.5 billion.