Amazon Research and Development Expenses 2010-2024 | AMZN
Amazon annual/quarterly research and development expenses history and growth rate from 2010 to 2024. Research and development expenses can be defined as an expense arising from studies and product development processes.
- Amazon research and development expenses for the quarter ending June 30, 2024 were $22.304B, a 1.7% increase year-over-year.
- Amazon research and development expenses for the twelve months ending June 30, 2024 were $85.969B, a 3.98% increase year-over-year.
- Amazon annual research and development expenses for 2023 were $85.622B, a 16.95% increase from 2022.
- Amazon annual research and development expenses for 2022 were $73.213B, a 30.62% increase from 2021.
- Amazon annual research and development expenses for 2021 were $56.052B, a 31.15% increase from 2020.
Amazon Annual Research and Development Expenses (Millions of US $) |
2023 |
$85,622 |
2022 |
$73,213 |
2021 |
$56,052 |
2020 |
$42,740 |
2019 |
$35,931 |
2018 |
$28,837 |
2017 |
$22,620 |
2016 |
$16,085 |
2015 |
$12,540 |
2014 |
$9,275 |
2013 |
$6,565 |
2012 |
$4,564 |
2011 |
$2,909 |
2010 |
$1,734 |
2009 |
$1,240 |
Amazon Quarterly Research and Development Expenses (Millions of US $) |
2024-06-30 |
$22,304 |
2024-03-31 |
$20,424 |
2023-12-31 |
$22,038 |
2023-09-30 |
$21,203 |
2023-06-30 |
$21,931 |
2023-03-31 |
$20,450 |
2022-12-31 |
$20,814 |
2022-09-30 |
$19,485 |
2022-06-30 |
$18,072 |
2022-03-31 |
$14,842 |
2021-12-31 |
$15,313 |
2021-09-30 |
$14,380 |
2021-06-30 |
$13,871 |
2021-03-31 |
$12,488 |
2020-12-31 |
$12,051 |
2020-09-30 |
$10,976 |
2020-06-30 |
$10,388 |
2020-03-31 |
$9,325 |
2019-12-31 |
$9,739 |
2019-09-30 |
$9,200 |
2019-06-30 |
$9,065 |
2019-03-31 |
$7,927 |
2018-12-31 |
$7,669 |
2018-09-30 |
$7,162 |
2018-06-30 |
$7,247 |
2018-03-31 |
$6,759 |
2017-12-31 |
$6,314 |
2017-09-30 |
$5,944 |
2017-06-30 |
$5,549 |
2017-03-31 |
$4,813 |
2016-12-31 |
$4,544 |
2016-09-30 |
$4,135 |
2016-06-30 |
$3,880 |
2016-03-31 |
$3,526 |
2015-12-31 |
$3,569 |
2015-09-30 |
$3,197 |
2015-06-30 |
$3,020 |
2015-03-31 |
$2,754 |
2014-12-31 |
$2,635 |
2014-09-30 |
$2,423 |
2014-06-30 |
$2,226 |
2014-03-31 |
$1,991 |
2013-12-31 |
$1,862 |
2013-09-30 |
$1,734 |
2013-06-30 |
$1,586 |
2013-03-31 |
$1,383 |
2012-12-31 |
$1,345 |
2012-09-30 |
$1,192 |
2012-06-30 |
$1,082 |
2012-03-31 |
$945 |
2011-12-31 |
$863 |
2011-09-30 |
$769 |
2011-06-30 |
$698 |
2011-03-31 |
$579 |
2010-12-31 |
$518 |
2010-09-30 |
$442 |
2010-06-30 |
$408 |
2010-03-31 |
$366 |
2009-12-31 |
$351 |
2009-09-30 |
$315 |
2009-06-30 |
$299 |
2009-03-31 |
$275 |
Sector |
Industry |
Market Cap |
Revenue |
Retail/Wholesale |
Internet Commerce |
$2130.446B |
$574.785B |
Amazon.com is one of the largest e-commerce providers, with sprawling operations spreading across the globe. Its online retail business revolves around the Prime program well-supported by the company's massive distribution network. Further, the Whole Foods Market acquisition helped Amazon establish footprint in physical grocery supermarket space. Amazon also enjoys dominant position in the cloud-computing market, particularly in the Infrastructure as a Service space, thanks to Amazon Web Services, which is one of its high-margin generating businesses. Amazon has also become a household name with its Alexa powered Echo devices. Artificial Intelligence backed Alexa is helping the company sell products and services. The company reports revenue under three broad heads'North America, International and AWS, respectively. Amazon targets three categories of customers - consumers, sellers and website developers.
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