Amazon will begin breaking out the results of its cloud-computing service, Amazon Web Services, starting with the first quarter of 2015.
Amazon $AMZN will begin breaking out the results of its cloud-computing service, Amazon Web Services, starting with the first quarter of 2015.
For years, AWS was buried under the “other” heading. It accounts for the bulk of revenue for the category in North America, seeing continued growth in the last few years. In 2014, those products and services brought in $5.39 billion in revenue, a 45% jump from $3.72 billion the year prior.
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But it’s clear that the cloud service—which powers many of Silicon Valley’s websites, including Netflix $NFLX, Adobe $ADBE, and Airbnb $ABNB—has outgrown that category, especially as it debuts new products such as enterprise email. The Seattle-based company counts more than 1 million AWS users and says usage is up 90% in the fourth quarter, compared with the same period a year ago.
“In terms of AWS, we think it is an appropriate way to look at our business for 2015,” chief financial officer Thomas Szkutak said today in an earnings call with investors, “and so our plan is to start breaking it out as of Q1 of this year.”
