Adam Selipsky, CEO of Amazon Web Services, speaks during the Bloomberg Technology Summit in San Francisco on June 22, 2023.
Revenue from Amazon Web Services came out to $25.04 billion, according to the company's earnings statement.
The growth marked a step up from the 13% increase Amazon reported for AWS in the fourth quarter.
Analysts polled by StreetAccount had expected $7.52 billion in AWS operating income.
The AWS operating margin widened to 37.6%, the widest at least since 2014.
Persons:
Adam Selipsky, StreetAccount, Gartner, Axios, Anthropic, CFRA's Zino
Organizations:
Amazon Web Services, Bloomberg Technology Summit, Amazon, Revenue, AWS, Google, Microsoft
Locations:
San Francisco