Amazon.com, Inc. (ETR: AMZ)

Amazon.com Income Statement

Financials in millions USD. Fiscal year is January - December.

Fiscal Year	TTM	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019
Period Ending	Sep 30, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Revenue	620,128	574,785	513,983	469,822	386,064	280,522
Revenue Growth (YoY)	11.93%	11.83%	9.40%	21.70%	37.62%	20.45%
Cost of Revenue	319,948	304,739	288,831	272,344	233,307	165,536
Gross Profit	300,180	270,046	225,152	197,478	152,757	114,986
Selling, General & Admin	153,090	146,805	138,428	116,485	87,193	64,313
Research & Development	85,750	85,622	73,213	56,052	42,740	35,931
Other Operating Expenses	741	767	163	62	-75	201
Operating Expenses	239,581	233,194	211,804	172,599	129,858	100,445
Operating Income	60,599	36,852	13,348	24,879	22,899	14,541
Interest Expense	-2,549	-3,182	-2,367	-1,809	-1,647	-1,600
Interest & Investment Income	4,330	2,949	989	448	555	832
Earnings From Equity Investments	-81	-12	-3	4	16	-14
Currency Exchange Gain (Loss)	-115	65	-340	-55	35	137
Other Non Operating Income (Expenses)	-296	-177	-540	-19	-58	-280
EBT Excluding Unusual Items	61,888	36,495	11,087	23,448	21,800	13,616
Gain (Loss) on Sale of Investments	-2,018	1,050	-15,926	14,707	2,394	346
Asset Writedown	-	-	-1,100	-	-	-
Pretax Income	59,870	37,545	-5,939	38,155	24,194	13,962
Income Tax Expense	10,002	7,120	-3,217	4,791	2,863	2,374
Net Income	49,868	30,425	-2,722	33,364	21,331	11,588
Net Income to Common	49,868	30,425	-2,722	33,364	21,331	11,588
Net Income Growth	148.36%	-	-	56.41%	84.08%	15.04%
Shares Outstanding (Basic)	10,425	10,304	10,189	10,117	10,005	9,880
Shares Outstanding (Diluted)	10,682	10,492	10,189	10,296	10,198	10,080
Shares Change (YoY)	2.76%	2.97%	-1.04%	0.96%	1.17%	0.80%
EPS (Basic)	4.78	2.95	-0.27	3.30	2.13	1.17
EPS (Diluted)	4.68	2.90	-0.27	3.24	2.09	1.15
EPS Growth	143.63%	-	-	55.02%	81.66%	14.25%
Free Cash Flow	42,953	32,217	-16,893	-14,726	25,924	21,653
Free Cash Flow Per Share	4.02	3.07	-1.66	-1.43	2.54	2.15
Gross Margin	48.41%	46.98%	43.81%	42.03%	39.57%	40.99%
Operating Margin	9.77%	6.41%	2.60%	5.30%	5.93%	5.18%
Profit Margin	8.04%	5.29%	-0.53%	7.10%	5.53%	4.13%
Free Cash Flow Margin	6.93%	5.61%	-3.29%	-3.13%	6.71%	7.72%
EBITDA	111,583	85,515	55,269	59,312	48,079	36,330
EBITDA Margin	17.99%	14.88%	10.75%	12.62%	12.45%	12.95%
D&A For EBITDA	50,984	48,663	41,921	34,433	25,180	21,789
EBIT	60,599	36,852	13,348	24,879	22,899	14,541
EBIT Margin	9.77%	6.41%	2.60%	5.30%	5.93%	5.18%
Effective Tax Rate	16.71%	18.96%	-	12.56%	11.83%	17.00%
Revenue as Reported	620,128	574,785	513,983	469,822	386,064	280,522

Source: S&P Capital IQ. Standard template. Financial Sources.