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Amazon (AMZN) AWS revenue was up 40% in Q4 2021 to $17.78 billion

It looks like Amazon's AWS has been doing work behind the scenes for the internet giant.

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As another quarter comes to an end we’re once again in the middle of an earnings report week. Among them was Amazon (AMZN) which saw a hearty increase in revenue from Amazon Web Services. The company reported that its AWS revenue was up a whopping forty percent which helped propel it to a profit of $17.78 billion USD.

Amazon's AWS was up 40% in Q4 2021
Amazon's AWS was up 40% in Q4 2021

As another quarter comes to an end we’re once again in the middle of an earnings report week. Among them was Amazon (AMZN) which saw a hearty increase in revenue from Amazon Web Services. The company reported that their AWS revenue was up a whopping forty percent which helped the company earn an additional $17.78 billion USD of profit.

According to today’s Amazon Q4 2021 earnings report, AWS that forty percent increase has led to some impressive overall earnings. We’re talking a massive $71 billion USD revenue run rate just from AWS alone.

To say the least, Amazon CEO Andy Jassy seemed pleased with the results “Despite these short-term challenges, we continue to feel optimistic and excited about the business as we emerge from the pandemic. When you combine how we’re staffing and scaling our fulfillment network to bring even faster delivery to more customers, the extraordinary growth of AWS with 40% year-over-year growth (and now a $71 billion revenue run rate).”

Today’s Q4 2021 earnings report seems to have been a good one for Amazon overall. The company handily blew its EPS expectation numbers of $3.77 USD per share out of the water to the tune of an actual EPS of $27.75 USD. Despite seeming to have all the money in the world already, Amazon also announced that Amazon Prime annual and monthly memberships would be increasing. I guess Jeff Bezos will be able to treat himself to a nice gold plating on his next rocket ship. For more information on today’s Amazon earnings report be sure to keep it here on Shacknews!

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