Amazon has announced its revenue for quarter three of 2018, the company saw an increase of 29% on its revenue to $56.6 billion.
These latest figures cover the three month period to the 30th of September 2018, you can see some details on the company’s revenue below.
Operating cash flow increased 57% to $26.6 billion for the trailing twelve months, compared with $17.0 billion for the trailing twelve months ended September 30, 2017. Free cash flow increased to $15.4 billion for the trailing twelve months, compared with $8.0 billion for the trailing twelve months ended September 30, 2017. Free cash flow less lease principal repayments increased to $8.1 billion for the trailing twelve months, compared with $3.5 billion for the trailing twelve months ended September 30, 2017. Free cash flow less finance lease principal repayments and assets acquired under capital leases increased to an inflow of $5.4 billion for the trailing twelve months, compared with an outflow of $1.1 billion for the trailing twelve months ended September 30, 2017.
Key Drivers of Amazon’s Revenue Growth
Several factors contributed to Amazon’s impressive revenue growth in Q3 2018. One of the primary drivers was the continued expansion of Amazon Web Services (AWS), the company’s cloud computing division. AWS has been a significant revenue generator for Amazon, providing a wide range of services including computing power, storage options, and networking capabilities. The increasing adoption of cloud services by businesses of all sizes has fueled AWS’s growth, making it a cornerstone of Amazon’s financial success.
Another critical factor was the growth of Amazon Prime. The subscription service, which offers benefits such as free shipping, access to streaming services, and exclusive deals, has seen a steady increase in membership. The convenience and value provided by Amazon Prime have made it a popular choice among consumers, contributing significantly to Amazon’s overall revenue.
Impact of International Markets
Amazon’s international markets also played a crucial role in its Q3 2018 revenue growth. The company has been aggressively expanding its presence in countries like India, where e-commerce is rapidly growing. By investing in local infrastructure, logistics, and partnerships, Amazon has been able to capture a significant share of the market in these regions. This international expansion has not only diversified Amazon’s revenue streams but also positioned the company for long-term growth in emerging markets.
Additionally, Amazon’s focus on innovation and technology has helped it stay ahead of the competition. The company has been investing heavily in artificial intelligence, machine learning, and automation to improve its operations and customer experience. These technological advancements have enabled Amazon to streamline its supply chain, reduce costs, and offer more personalized services to its customers.
Operating cash flow increased 57% to $26.6 billion for the trailing twelve months, compared with $17.0 billion for the trailing twelve months ended September 30, 2017. Free cash flow increased to $15.4 billion for the trailing twelve months, compared with $8.0 billion for the trailing twelve months ended September 30, 2017. Free cash flow less lease principal repayments increased to $8.1 billion for the trailing twelve months, compared with $3.5 billion for the trailing twelve months ended September 30, 2017. Free cash flow less finance lease principal repayments and assets acquired under capital leases increased to an inflow of $5.4 billion for the trailing twelve months, compared with an outflow of $1.1 billion for the trailing twelve months ended September 30, 2017.
You can find out full information about Amazon’s Q3 2018 revenue over at the company’s website at the link below.
Source Amazon
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