August 8, 2025
Second Quarter Sales Up At Amazon
SEATTLE – Amazon.com, Inc. reported a net sales increase of 13% to $167.7 billion in the second quarter 2024. North America segment sales increased 11% year-over-year to $100.1 billion. International segment sales increased 16% year-over-year to $36.8 billion.
“Our conviction that AI will change every customer experience is starting to play out as we’ve expanded Alexa+ to millions of customers, continue to see our shopping agent used by many millions of customers, launched AI models like DeepFleet that optimize productivity paths for our 1M+ robots, made it much easier for software developers to write code with Kiro (our new agentic IDE), launched Strands to make it easier to build AI agents, and released Bedrock AgentCore to enable agents to be operated securely and scalably,” said Andy Jassy, president and CEO, Amazon via press release. “Our AI progress across the board continues to improve our customer experiences, speed of innovation, operational efficiency, and business growth, and I’m excited for what lies ahead.”
Second Quarter Revenue Up At Etsy
BROOKLYN, N.Y. – Etsy, Inc. reported revenue of $672.7 million for its second quarter ended June 30, 2025. The number was up 3.8% versus the second quarter of 2024. According to a company press release, positive revenue growth was driven primarily by the performance of on-site ads.
“We are encouraged by our second quarter performance, which reflects tangible progress in our key investment areas,” said Josh Silverman, Etsy, Inc. CEO. “These efforts are designed to strengthen customer relationships on the Etsy marketplace, deepen buyer engagement, and reignite GMS growth. We’re seeing early success in our efforts to build a more browsable shopping experience, particularly on our App, amplified by more personalized marketing and emergent AI technologies. We believe this is creating a significant runway for growth, as well as an opportunity to generate sustainable value for our stakeholders by capitalizing on what makes Etsy special.”
“Second quarter GMS and revenue came in ahead of expectations, and adjusted EBITDA was in line with our guidance, as we are managing the business to invest in future growth while also delivering very healthy margins,” said Lanny Baker, CFO. “Our take rate was very strong, at 24%, primarily driven by the expansion of Etsy Ads revenue from continued improvements to our bidding algorithms, as well as some benefit from payments.”
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