Amazon.com Inc (AMZN)

Net profit margin

		Dec 31, 2023	Sep 30, 2023	Jun 30, 2023	Mar 31, 2023	Dec 31, 2022	Sep 30, 2022	Jun 30, 2022	Mar 31, 2022	Dec 31, 2021	Sep 30, 2021	Jun 30, 2021	Mar 31, 2021	Dec 31, 2020	Sep 30, 2020	Jun 30, 2020	Mar 31, 2020	Dec 31, 2019	Sep 30, 2019	Jun 30, 2019	Mar 31, 2019
Net income (ttm)	US$ in thousands	30,425,000	20,079,000	13,072,000	4,294,000	-2,722,000	11,323,000	11,607,000	21,413,000	33,364,000	26,263,000	29,438,000	26,903,000	21,331,000	17,377,000	13,180,000	10,562,000	11,588,000	11,347,000	12,096,000	12,005,000
Revenue (ttm)	US$ in thousands	571,668,000	550,716,000	534,914,000	521,895,000	511,276,000	499,803,000	483,634,000	475,856,000	467,958,000	456,610,000	442,115,000	417,869,000	384,831,000	346,713,000	320,581,000	295,093,000	279,382,000	264,328,000	250,961,000	240,483,000
Net profit margin		5.32%	3.65%	2.44%	0.82%	-0.53%	2.27%	2.40%	4.50%	7.13%	5.75%	6.66%	6.44%	5.54%	5.01%	4.11%	3.58%	4.15%	4.29%	4.82%	4.99%

December 31, 2023 calculation

Net profit margin = Net income (ttm) ÷ Revenue (ttm)
= $30,425,000K ÷ $571,668,000K
= 5.32%

Amazon.com Inc.'s net profit margin has shown variability over the past eight quarters, ranging from -0.53% in Q4 2022 to 5.29% in Q4 2023. The net profit margin measures the company's profitability by indicating how much of each dollar of revenue translates into profit after all expenses are deducted.

The trend indicates a gradual improvement in profitability from negative figures in Q4 2022 to positive in Q4 2023. The increase in net profit margins could be attributed to various factors such as increased revenue, cost-cutting measures, efficient operations, and effective management of expenses.

However, fluctuations in net profit margin could also signal potential challenges, such as rising costs, economic uncertainties, or shifts in the competitive landscape. It is important for investors and stakeholders to closely monitor these changes to assess the company's financial health and sustainability in the long term.