North America segment operating income was $4.3 billion, compared with an operating loss of $0.4 billion in
third quarter 2022.
International segment operating loss was $0.1 billion, compared with an operating loss of $2.5 billion in third
quarter 2022.
AWS segment operating income was $7.0 billion, compared with operating income of $5.4 billion in third
quarter 2022.

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Net income increased to $9.9 billion in the third quarter, or $0.94 per diluted share, compared with $2.9 billion, or
$0.28 per diluted share, in third quarter 2022.

Third quarter 2023 net income includes a pre-tax valuation gain of $1.2 billion included in non-operating
income (expense) from the common stock investment in Rivian Automotive, Inc., compared to a pre-tax
valuation gain of $1.1 billion from the investment in third quarter 2022.

• Operating cash flow increased 81% to $71.7 billion for the trailing twelve months, compared with $39.7 billion for
AMZN-Q3-2023-Earnings-Release