Amazon.com, Inc. (TSX:AMZN)

Amazon.com Income Statement

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

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Jun 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Revenue	670,038	637,959	574,785	513,983	469,822	386,064
Revenue Growth (YoY)	10.87%	10.99%	11.83%	9.40%	21.70%	37.62%
Cost of Revenue	337,655	326,288	304,739	288,831	272,344	233,307
Gross Profit	332,383	311,671	270,046	225,152	197,478	152,757
Selling, General & Admin	159,272	153,771	146,805	138,428	116,485	87,193
Research & Development	95,976	88,544	85,622	73,213	56,052	42,740
Other Operating Expenses	945	763	767	163	62	-75
Operating Expenses	256,193	243,078	233,194	211,804	172,599	129,858
Operating Income	76,190	68,593	36,852	13,348	24,879	22,899
Interest Expense	-2,230	-2,406	-3,182	-2,367	-1,809	-1,647
Interest & Investment Income	4,655	4,677	2,949	989	448	555
Earnings From Equity Investments	-37	-101	-12	-3	4	16
Currency Exchange Gain (Loss)	-408	-408	65	-340	-55	35
Other Non Operating Income (Expenses)	6,136	-421	-177	-540	-19	-58
EBT Excluding Unusual Items	84,306	69,934	36,495	11,087	23,448	21,800
Gain (Loss) on Sale of Investments	-1,421	-1,421	1,050	-15,926	14,707	2,394
Asset Writedown	-	-	-	-1,100	-	-
Pretax Income	82,885	68,513	37,545	-5,939	38,155	24,194
Income Tax Expense	12,262	9,265	7,120	-3,217	4,791	2,863
Net Income	70,623	59,248	30,425	-2,722	33,364	21,331
Net Income to Common	70,623	59,248	30,425	-2,722	33,364	21,331
Net Income Growth	58.99%	94.73%	-	-	56.41%	84.08%
Shares Outstanding (Basic)	10,573	10,473	10,304	10,189	10,117	10,005
Shares Outstanding (Diluted)	10,777	10,721	10,492	10,189	10,296	10,198
Shares Change (YoY)	1.31%	2.18%	2.97%	-1.04%	0.96%	1.17%
EPS (Basic)	6.68	5.66	2.95	-0.27	3.30	2.13
EPS (Diluted)	6.56	5.53	2.90	-0.27	3.24	2.09
EPS Growth	56.77%	90.69%	-	-	55.02%	81.66%
Free Cash Flow	13,481	32,878	32,217	-16,893	-14,726	25,924
Free Cash Flow Per Share	1.25	3.07	3.07	-1.66	-1.43	2.54
Gross Margin	49.61%	48.85%	46.98%	43.80%	42.03%	39.57%
Operating Margin	11.37%	10.75%	6.41%	2.60%	5.29%	5.93%
Profit Margin	10.54%	9.29%	5.29%	-0.53%	7.10%	5.53%
Free Cash Flow Margin	2.01%	5.15%	5.61%	-3.29%	-3.13%	6.71%
EBITDA	133,832	120,468	85,515	55,269	59,312	48,079
EBITDA Margin	19.97%	18.88%	14.88%	10.75%	12.62%	12.45%
D&A For EBITDA	57,642	51,875	48,663	41,921	34,433	25,180
EBIT	76,190	68,593	36,852	13,348	24,879	22,899
EBIT Margin	11.37%	10.75%	6.41%	2.60%	5.29%	5.93%
Effective Tax Rate	14.79%	13.52%	18.96%	-	12.56%	11.83%
Revenue as Reported	670,038	637,959	574,785	513,983	469,822	386,064
Advertising Expenses	-	21,400	20,300	20,600	-	-

Updated Feb 7, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.