{"id":25971,"date":"2022-11-04T18:12:56","date_gmt":"2022-11-04T18:12:56","guid":{"rendered":"https:\/\/www.intentwise.com\/blog\/?p=25971"},"modified":"2024-02-06T06:21:57","modified_gmt":"2024-02-06T14:21:57","slug":"amazon-q3-2022-ad-revenue-up-30-year-over-year","status":"publish","type":"post","link":"https:\/\/www.intentwise.com\/blog\/retail-media\/amazon-q3-2022-ad-revenue-up-30-year-over-year\/","title":{"rendered":"Amazon Q3 2022 Ad Revenue Up 30%","gt_translate_keys":[{"key":"rendered","format":"text"}]},"content":{"rendered":"\n

As the Intentwise team and other industry pros wrapped up at this year\u2019s unBoxed show in New York, Amazon dropped its latest quarterly earnings report<\/a>. Here are the top-level highlights:<\/p>\n\n\n\n

In Q3 2022, net sales were up by 15% ($127.1 billion compared to Q2\u2019s $121.2 billion<\/a>). Operating income continued to drop, now at $2.5 billion for the quarter.<\/p>\n\n\n\n

This quarter included the drop of several new features<\/a> at the Amazon Accelerate sellers conference, including using Sponsored Brands to drive traffic off Amazon. The company opened new fulfillment centers in the U.S., Mexico, Canada, Ireland, and Turkey. The first Prime Day event of the year also took place in the beginning of this quarter. We\u2019ll have to wait for Q4 results to see the impact of 2022\u2019s second Prime Day (the Prime Early Access Sale) held in October.<\/p>\n\n\n\n

Advertising revenue on track to hit about $40 billion<\/h2>\n\n\n\n

Advertising revenue reached $9.5 billion in Q3, which brings year-to-date ad revenue to $26.2 billion. With a 25\u201330% growth rate, ad revenue is on track to hit about $40 billion in 2022.<\/p>\n\n\n\n

\"\"<\/figure>\n\n\n\n

Advertising is back on top<\/h2>\n\n\n\n

Advertising is once again the highest growth segment, followed closely by Amazon Web Services (AWS).<\/p>\n\n\n\n

\"\"<\/figure>\n\n\n\n

Net Sales Guidance vs. Reported Growth<\/h2>\n\n\n\n

After reaching double digits last quarter, the net sales growth guidance is a more modest 2\u20138% for the final quarter of 2022.<\/p>\n\n\n\n

\"\"<\/figure>\n\n\n\n

<\/p>\n","protected":false,"gt_translate_keys":[{"key":"rendered","format":"html"}]},"excerpt":{"rendered":"

As the Intentwise team and other industry pros wrapped up at this year\u2019s unBoxed show in New York, Amazon dropped its latest quarterly earnings report. Here are the top-level highlights: In Q3 2022, net sales were up by 15% ($127.1 billion compared to Q2\u2019s $121.2 billion). Operating income continued to drop, now at $2.5 billion […]<\/p>\n","protected":false,"gt_translate_keys":[{"key":"rendered","format":"html"}]},"author":6,"featured_media":25979,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"content-type":"","cybocfi_hide_featured_image":"yes","footnotes":""},"categories":[82],"tags":[],"class_list":["post-25971","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-retail-media"],"yoast_head":"\nAmazon Q3 2022 Ad Revenue Up 30%<\/title>\n<meta name=\"description\" content=\"Here are our top-level highlights and takeaways from Amazon's Q3 2022 earnings report. 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