Amazon.com, Inc. (AMZN)

Amazon Income Statement

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

Year Ending	TTM	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Revenue	590,740	574,785	513,983	469,822	386,064	280,522
Revenue Growth (YoY)	12.54%	11.83%	9.40%	21.70%	37.62%	20.45%
Cost of Revenue	309,581	304,739	288,831	272,344	233,307	165,536
Gross Profit	281,159	270,046	225,152	197,478	152,757	114,986
Selling, General & Admin	147,840	146,805	138,428	116,485	87,193	64,313
Research & Development	85,162	85,622	73,213	56,052	42,740	35,931
Other Operating Expenses	772	767	163	62	-75	201
Operating Expenses	233,774	233,194	211,804	172,599	129,858	100,445
Operating Income	47,385	36,852	13,348	24,879	22,899	14,541
Interest Expense	-3,003	-3,182	-2,367	-1,809	-1,647	-1,600
Interest & Investment Income	3,331	2,949	989	448	555	832
Earnings From Equity Investments	-98	-12	-3	4	16	-14
Currency Exchange Gain (Loss)	-79	65	-340	-55	35	137
Other Non Operating Income (Expenses)	-317	-177	-540	-19	-58	-280
EBT Excluding Unusual Items	47,219	36,495	11,087	23,448	21,800	13,616
Gain (Loss) on Sale of Investments	-896	1,050	-15,926	14,707	2,394	346
Asset Writedown	-	-	-1,100	-	-	-
Pretax Income	46,323	37,545	-5,939	38,155	24,194	13,962
Income Tax Expense	8,639	7,120	-3,217	4,791	2,863	2,374
Net Income	37,684	30,425	-2,722	33,364	21,331	11,588
Net Income to Common	37,684	30,425	-2,722	33,364	21,331	11,588
Net Income Growth	777.60%	-	-	56.41%	84.08%	15.04%
Shares Outstanding (Basic)	10,340	10,304	10,189	10,117	10,005	9,880
Shares Outstanding (Diluted)	10,573	10,492	10,189	10,296	10,198	10,080
Shares Change (YoY)	3.32%	2.97%	-1.04%	0.96%	1.17%	0.80%
EPS (Basic)	3.64	2.95	-0.27	3.30	2.13	1.17
EPS (Diluted)	3.56	2.90	-0.27	3.24	2.09	1.15
EPS Growth	747.20%	-	-	55.02%	81.66%	14.25%
Free Cash Flow	45,700	32,217	-16,893	-14,726	25,924	21,653
Free Cash Flow Per Share	4.32	3.07	-1.66	-1.43	2.54	2.15
Gross Margin	47.59%	46.98%	43.81%	42.03%	39.57%	40.99%
Operating Margin	8.02%	6.41%	2.60%	5.30%	5.93%	5.18%
Profit Margin	6.38%	5.29%	-0.53%	7.10%	5.53%	4.13%
Free Cash Flow Margin	7.74%	5.61%	-3.29%	-3.13%	6.71%	7.72%
EBITDA	96,609	85,515	55,269	59,312	48,079	36,330
EBITDA Margin	16.35%	14.88%	10.75%	12.62%	12.45%	12.95%
D&A For EBITDA	49,224	48,663	41,921	34,433	25,180	21,789
EBIT	47,385	36,852	13,348	24,879	22,899	14,541
EBIT Margin	8.02%	6.41%	2.60%	5.30%	5.93%	5.18%
Effective Tax Rate	18.65%	18.96%	-	12.56%	11.83%	17.00%
Revenue as Reported	590,740	574,785	513,983	469,822	386,064	280,522

Source: S&P Capital IQ. Standard template.