Amazon sales hit $470bn in 2021

Amazon reported strong financial results for 2021, despite facing labour and supply issues during the period.

Last year sales jumped by 22 per cent to $469.8 billion compared to $386.1 billion in 2020.

Net income for 2021 increased to $33.4 billion in comparison with $21.3 billion in the previous year.

In the final quarter of the year, sales were up by 9 per cent to $137.4 billion versus £125.6 billion during the same period of 2020.

Profits nearly doubled from $7.2 billion in the previous year to $13.4 billion in the final months of 2021.

“As expected over the holidays, we saw higher costs driven by labour supply shortages and inflationary pressures, and these issues persisted into the first quarter due to Omicron,” said Andy Jassy, Amazon chief executive. “Despite these short-term challenges, we continue to feel optimistic and excited about the business as we emerge from the pandemic.”

    Share Story:

Recent Stories


The future-ready CFO: Driving strategic growth and innovation
This National Technology News webinar sponsored by Sage will explore how CFOs can leverage their unique blend of financial acumen, technological savvy, and strategic mindset to foster cross-functional collaboration and shape overall company direction. Attendees will gain insights into breaking down operational silos, aligning goals across departments like IT, operations, HR, and marketing, and utilising technology to enable real-time data sharing and visibility.

The corporate roadmap to payment excellence: Keeping pace with emerging trends to maximise growth opportunities
In today's rapidly evolving finance and accounting landscape, one of the biggest challenges organisations face is attracting and retaining top talent. As automation and AI revolutionise the profession, finance teams require new skillsets centred on analysis, collaboration, and strategic thinking to drive sustainable competitive advantage.