"I Am Woman" was the first number one single for Capitol Records since "Ode to Billie Joe" by Bobbie Gentry five years earlier, in 1967. It was the first number one hit on the "Billboard" chart by an Australian-born artist and the first Australian-penned song to win a Grammy Award (in her acceptance speech for Best Female Performance, Reddy thanked "God, because "She" makes everything possible"). It also became the second Helen Reddy hit – after "I Don't Know How to Love Him" – to peak at number two in her native Australia. Overlooked in its original UK release, "I Am Woman" was given a 1975 reissue to serve as the follow-up to Reddy's number five UK hit "Angie Baby" but did not gain enough momentum to reach the UK Top 50.