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AWS profit and revenue rises as enterprise demand for new cloud workloads bounces back

October 27, 2023

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Amazon Web Services (AWS) reported a 12% year-on-year uptick in its revenue growth during the third quarter of 2023, with the firm reporting a bounceback in the number of enterprises moving new workloads to its public cloud.

The company posted revenue of $23.1bn for the three months to 30 September 2023, and made a profit of $7bn, which constitutes a marked year-on-year increase from the same quarter in 2022 when its profit hit $5.4bn.

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