AWS hits $6.7bn in quarterly revenue – as the biggest cloud infrastructure players get even bigger

Amazon Web Services (AWS) hit almost $6.7 billion (£5.2bn) in revenues for its most recent quarter – up almost 10% from the previous quarter and marking a 45% jump from this time last year. Despite Amazon’s overall figures being a slight disappointment for investors and analysts – shares dipped in after-hours trading after total quarterly revenues of $56.6bn missed the $57.1bn target – AWS continues to reach new heights. Of particular interest is the operating income statistic. AWS profit broke $2bn for the most recent quarter. This represents more than half of Amazon’s overall profit of $3.7bn. Net income was $2.8bn. Responding to an analyst question around AWS’ improvements, Brian Olsavsky, chief financial officer, noted the operating margin. “A lot of that is based on effiencies of our data centres,” he said, “not only for the AWS business [but] also for our Amazon consumer businesses, who is AWS’ biggest customer.”