AMAZON.COM, INC. AMZN Income Statement

Amazon.com, inc. (AMZN)

Income statement / Quarterly

Mar'20	Dec'19	Sep'19	Jun'19	Mar'19	Dec'18	Sep'18	Jun'18	Mar'18	Dec'17	Sep'17	Jun'17	Mar'17	Dec'16	Sep'16	Jun'16	Mar'16	Dec'15	Sep'15	Jun'15	Mar'15	Dec'14	Sep'14	Jun'14	Mar'14	Dec'13	Sep'13	Jun'13	Mar'13	Dec'12	Sep'12	Jun'12	Mar'12	Dec'11	Sep'11	Jun'11	Mar'11	Dec'10	Sep'10	Jun'10	Mar'10	Dec'09	Sep'09	Jun'09	Mar'09	Sep'08	Jun'08
Revenue from Contract with Customer, Excluding Assessed Tax
75,452	87,437	69,981	63,404	59,700	72,383	56,576	52,886	51,042	60,453	43,744	37,955	35,714	43,741	32,714	30,404	29,128	35,746	25,358	23,185	22,717	29,328	20,579	19,340	19,741	25,586	17,092	15,704	16,070	21,268	13,806	12,834	13,185	17,431	10,876	9,913	9,857	12,947	7,560	6,566	7,131	9,520	5,449	4,651	4,889	4,264	4,063
Cost of sales
44,257	53,977	41,302	36,337	33,920	44,786	33,003	30,632	30,735	38,494	27,549	23,451	22,440	28,959	21,260	19,180	18,866	24,341	16,755	15,160	15,395	20,671	14,627	13,399	14,055	18,805	12,366	11,209	11,801	16,137	10,319	9,488	10,027	13,830	8,325	7,525	7,608	10,317	5,786	4,957	5,501	7,543	4,176	3,518	3,741	3,265	3,096
Gross profit
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	999	967
Operating expenses:
Fulfillment
11,531	12,193	10,167	9,271	8,601	10,028	8,275	7,932	7,792	8,974	6,420	5,158	4,697	5,719	4,335	3,878	3,687	4,545	3,230	2,876	2,759	3,424	2,643	2,382	2,317	2,918	2,034	1,837	1,796	2,258	1,510	1,356	1,295	1,659	1,121	941	855	1,090	680	582	546	755	466	409	422	393	361
Marketing
4,828	6,171	4,752	4,291	3,664	4,911	3,303	2,901	2,699	3,441	2,479	2,229	1,920	2,513	1,738	1,546	1,436	1,757	1,264	1,150	1,083	1,526	993	943	870	1,132	694	675	632	851	540	537	480	592	370	341	327	376	241	211	201	274	149	129	128	108	102
Technology and content
9,325	9,739	9,200	9,065	7,927	7,669	7,162	7,247	6,759	6,314	5,944	5,549	4,813	4,544	4,135	3,880	3,526	3,569	3,197	3,020	2,754	2,635	2,423	2,226	1,991	1,862	1,734	1,586	1,383	1,345	1,192	1,082	945	863	769	698	579	518	442	408	366	351	315	299	275	264	258
General and administrative
1,452	1,412	1,348	1,270	1,173	1,117	1,041	1,111	1,067	1,045	960	874	795	716	639	580	497	390	463	467	427	442	406	377	327	319	278	286	246	234	230	232	200	184	175	166	133	143	117	113	97	100	83	77	68	73	74
Other operating expense (income), net
-70	55	55	86	5	85	68	80	63	59	45	66	44	35	32	55	45	36	43	48	44	39	31	28	35	40	11	32	31	38	43	32	46	43	37	41	33	29	26	25	26	22	9	60	11	7	-45
Costs and Expenses
71,463	83,557	66,824	60,320	55,280	68,596	52,852	49,903	49,115	58,327	43,397	37,327	34,709	42,486	32,139	29,119	28,057	34,638	24,952	22,721	22,462	28,737	21,123	19,355	19,595	25,076	17,117	15,625	15,889	20,863	13,834	12,727	12,993	17,171	10,797	9,712	9,535	12,473	7,292	6,296	6,737	9,045	5,198	4,492	4,645	845	750
Operating Income (Loss)
3,989	3,880	3,157	3,084	4,420	3,787	3,724	2,983	1,927	2,126	347	628	1,005	1,255	575	1,285	1,071	1,108	406	464	255	591	-544	-15	146	510	-25	79	181	405	-28	107	192	260	79	201	322	474	268	270	394	475	251	159	244	154	217
Interest income
202	210	224	215	183	149	117	94	80	65	54	44	39	29	26	24	21	14	13	12	11	8	9	11	11	10	9	9	10	8	10	10	12	14	16	16	15	15	13	12	11	10	7	8	12	21	20
Interest expense
402	455	396	383	366	386	358	343	330	338	228	143	139	133	118	116	117	114	116	114	115	74	49	45	42	39	36	33	33	28	22	21	21	21	17	15	12	12	11	9	7	8	7	7	12	17	21
Other income (expense), net
-406	419	-353	-27	164	-200	-93	-129	239	18	143	137	48	15	8	-14	81	-70	-56	0	-130	-95	-50	22	5	-30	9	-38	-77	-49	18	50	-99	19	52	23	-18	30	22	24	3	-5	11	19	4	24	-8
Nonoperating Income (Expense)
-606	174	-525	-195	-19	-437	-334	-378	-11	-255	-31	38	-52	-89	-84	-106	-15	-170	-159	-102	-234	-161	-90	-12	-26	-59	-18	-62	-100	-69	6	39	-108	12	51	24	-15	33	24	27	7	-3	11	20	4	28	-9
Income before income taxes
3,383	4,054	2,632	2,889	4,401	3,350	3,390	2,605	1,916	1,871	316	666	953	1,166	491	1,179	1,056	938	247	362	21	430	-634	-27	120	451	-43	17	81	336	-22	146	84	272	130	225	307	507	292	297	401	472	262	179	248	182	208
Provision for income taxes
744	787	494	257	836	328	508	74	287	15	58	467	229	414	229	307	475	452	161	266	71	205	-205	94	73	178	-12	13	-18	193	83	109	43	86	67	49	89	85	79	88	100	85	60	39	69	59	46
Income (Loss) from Equity Method Investments
-104	1	-4	-7	-4	5	1	3	0	-	-2	-2	-	-3	-10	-15	-68	-4	-7	-4	-7	-11	-8	-5	61	-33	-10	-11	-17	-45	-169	-30	89	-10	0	15	-17	-7	18	-2	-2	-3	-3	2	-2	-5	-4
Net Income (Loss) Attributable to Parent
2,535	3,268	2,134	2,625	3,561	3,027	2,883	2,534	1,629	1,856	256	197	724	749	252	857	513	482	79	92	-57	214	-437	-126	108	240	-41	-7	82	98	-274	7	130	176	63	191	201	415	231	207	299	384	199	142	177	118	158
Basic earnings per share
5.09	6.59	4.31	5.32	7.24	6.20	5.91	5.21	3.36	3.86	0.53	0.41	1.52	1.58	0.53	1.81	1.09	1.03	0.17	0.20	-0.12	0.47	-0.95	-0.27	0.23	0.53	-0.09	-0.02	0.18	0.20	-0.60	0.02	0.29	0.39	0.14	0.42	0.44	0.94	0.51	0.46	0.67	0.88	0.46	0.33	0.41	0.28	0.38
Diluted earnings per share
5.01	6.47	4.23	5.22	7.09	6.05	5.75	5.07	3.27	3.75	0.52	0.40	1.48	1.53	0.52	1.78	1.07	1.01	0.17	0.19	-0.12	0.47	-0.95	-0.27	0.23	0.52	-0.09	-0.02	0.18	0.22	-0.60	0.01	0.28	0.38	0.14	0.41	0.44	0.91	0.51	0.45	0.66	0.86	0.45	0.32	0.41	0.27	0.37
Weighted-average shares used in computation of earnings per share:
Basic (in shares)
498	497	495	493	491	490	488	486	484	483	481	479	477	478	474	473	471	468	468	467	465	464	463	461	460	460	457	456	455	456	452	451	453	454	454	453	451	448	448	447	445	440	432	431	429	427	420
Diluted (in shares)
506	507	504	503	502	501	501	500	498	496	494	492	490	487	485	483	481	489	478	476	465	456	463	461	468	484	457	456	463	442	452	458	460	464	461	460	459	459	456	455	454	450	441	440	437	436	430
Product [Member]
Revenue from Contract with Customer, Excluding Assessed Tax
41,841	50,543	39,726	35,856	34,283	44,700	33,746	31,864	31,605	41,326	28,768	24,745	23,734	30,629	22,339	21,116	20,581	26,617	18,463	17,104	17,084	23,102	16,022	15,251	15,705	21,072	13,808	12,752	13,271	18,147	11,546	10,791	11,249	15,309	9,382	8,611	8,698	-	-	-	-	-	-	-	-	-	-
Service [Member]
Revenue from Contract with Customer, Excluding Assessed Tax
33,611	36,894	30,255	27,548	25,417	27,683	22,830	21,022	19,437	19,127	14,976	13,210	11,980	13,112	10,375	9,288	8,547	9,129	6,895	6,081	5,633	6,226	4,557	4,089	4,036	4,514	3,284	2,952	2,799	3,121	2,260	2,043	1,936	2,122	1,494	1,302	1,159	-	-	-	-	-	-	-	-	-	-