Home » [Amazon results] Amazon doubles net margin in 9 months to September and announces record CAPEX for 2024 [Amazon results] Amazon doubles net margin in 9 months to September and announces record CAPEX for 2024 In Q3 2024, Amazon's sales and profitability exceeded analysts' expectations. The group has managed to maintain the online business and accelerated the strongest P&L contributors, in order to finance massive investment in AI. Looking beyond Q3, our long term analysis covers the period from January to September 2024. Through Sophie Baqué. Published on 08 November 2024 à 12h24 - Update on 15 November 2024 à 12h24 Resources On October 31, 2024, Amazon published Q3 2024 results, beating analysts’ expectations in terms of both sales and profitability. Quarterly sales rose by 11% at constant exchange rates to US$158.9 billion (US$15.8 billion more than a year ago).… Sophie Baqué Read more Regulatory [Regulatory] Indonesia, South Africa and Chile join the U.S. in an attempt to curb Shein and Temu Amazon announces an end to remote working for administrative staff
