2023 Q2 Form 10-Q Financial Statement

#000101872423000008 Filed on April 28, 2023

View on sec.gov

Income Statement

Concept 2023 Q2 2023 Q1 2023
Revenue $134.4B $127.4B $574.8B
YoY Change 10.85% 9.37% 11.83%
Cost Of Revenue $69.37B $67.79B $304.7B
YoY Change 4.44% 1.94% 5.51%
Gross Profit $65.01B $59.57B $270.0B
YoY Change 18.61% 19.27% 19.94%
Gross Profit Margin 48.38% 46.77% 46.98%
Selling, General & Admin $35.25B $13.22B $56.19B
YoY Change 5.76% 21.08% 3.8%
% of Gross Profit 54.23% 22.19% 20.81%
Research & Development $21.93B $20.45B $85.62B
YoY Change 21.35% 37.78% 16.95%
% of Gross Profit 33.73% 34.33% 31.71%
Depreciation & Amortization $11.59B $11.12B $43.85B
YoY Change 20.79% 23.89% 22.61%
% of Gross Profit 17.83% 18.67% 16.24%
Operating Expenses $57.33B $33.67B $56.19B
YoY Change 11.33% 30.71% -55.88%
Operating Profit $7.681B $4.774B $36.85B
YoY Change 131.56% 30.12% 200.88%
Interest Expense $129.0M $823.0M $3.182B
YoY Change -102.65% 74.36% 34.43%
% of Operating Profit 1.68% 17.24% 8.63%
Other Income/Expense, Net -$247.0M -$655.0M $705.0M
YoY Change -77.67% -92.67% -103.88%
Pretax Income $7.563B $4.119B $32.33B
YoY Change -385.07% -178.23% -493.05%
Income Tax $804.0M $948.0M $7.120B
% Of Pretax Income 10.63% 23.02% 22.02%
Net Earnings $6.750B $3.172B $4.294B
YoY Change -432.84% -182.52% -79.95%
Net Earnings / Revenue 5.02% 2.49% 0.75%
Basic Earnings Per Share $0.66 $0.31 $2.95
Diluted Earnings Per Share $0.65 $0.31 $2.90
COMMON SHARES
Basic Shares Outstanding 10.26B shares 10.25B shares 10.30B shares
Diluted Shares Outstanding 10.45B shares 10.35B shares 10.49B shares

Balance Sheet

Concept 2023 Q2 2023 Q1 2023
SHORT-TERM ASSETS
Cash & Short-Term Investments $63.97B $64.41B $86.78B
YoY Change 5.37% -2.98% 23.93%
Cash & Equivalents $49.53B $49.34B $73.39B
Short-Term Investments $14.44B $15.06B $13.39B
Other Short-Term Assets $523.0M $377.0M $5.897B
YoY Change 152.66% 97.38% 1547.21%
Inventory $36.59B $34.17B $33.32B
Prepaid Expenses
Receivables $39.40B $37.65B $46.36B
Other Receivables $0.00 $0.00 $0.00
Total Short-Term Assets $140.5B $136.2B $172.4B
YoY Change 5.1% 1.75% 17.41%
LONG-TERM ASSETS
Property, Plant & Equipment $264.1B $259.0B $276.7B
YoY Change 13.78% 15.31% 9.43%
Goodwill $22.79B $22.75B
YoY Change 12.46%
Intangibles
YoY Change
Long-Term Investments $4.500B $4.400B $5.700B
YoY Change -31.82% -62.71% 14.0%
Other Assets $45.72B $46.39B $42.64B
YoY Change 68.54% 44.83% 34.67%
Total Long-Term Assets $337.1B $328.2B $355.5B
YoY Change 17.85% 18.51% 12.54%
TOTAL ASSETS
Total Short-Term Assets $140.5B $136.2B $172.4B
Total Long-Term Assets $337.1B $328.2B $355.5B
Total Assets $477.6B $464.4B $527.9B
YoY Change 13.79% 13.05% 14.09%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $69.48B $66.91B $84.98B
YoY Change -2.44% -2.39% 6.76%
Accrued Expenses $59.97B $66.38B $55.94B
YoY Change 17.57% 14.17% -5.66%
Deferred Revenue $14.52B $14.28B
YoY Change 11.4%
Short-Term Debt $0.00 $1.100B $0.00
YoY Change
Long-Term Debt Due $4.266B $2.000B $8.765B
YoY Change -18.73% -25.4% 168.45%
Total Short-Term Liabilities $148.2B $147.6B $164.9B
YoY Change 5.66% 5.78% 6.13%
LONG-TERM LIABILITIES
Long-Term Debt $80.13B $67.08B $74.99B
YoY Change 3.42% 41.06% -12.02%
Other Long-Term Liabilities $80.64B $20.93B $86.07B
YoY Change 14.29% -12.68% 13.25%
Total Long-Term Liabilities $160.8B $88.02B $161.1B
YoY Change 8.6% 23.05% -0.11%
TOTAL LIABILITIES
Total Short-Term Liabilities $148.2B $147.6B $164.9B
Total Long-Term Liabilities $160.8B $88.02B $161.1B
Total Liabilities $309.0B $235.6B $326.0B
YoY Change 7.17% 11.63% 2.95%
SHAREHOLDERS EQUITY
Retained Earnings $93.12B $86.37B
YoY Change 5.23%
Common Stock $108.0M $108.0M
YoY Change 2060.0%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $168.6B $154.5B $201.9B
YoY Change
Total Liabilities & Shareholders Equity $477.6B $464.4B $527.9B
YoY Change 13.79% 13.05% 14.09%

Cashflow Statement

Concept 2023 Q2 2023 Q1 2023
OPERATING ACTIVITIES
Net Income $6.750B $3.172B $4.294B
YoY Change -432.84% -182.52% -79.95%
Depreciation, Depletion And Amortization $11.59B $11.12B $43.85B
YoY Change 20.79% 23.89% 22.61%
Cash From Operating Activities $16.48B $4.788B $54.33B
YoY Change 83.78% -271.61% 38.16%
INVESTING ACTIVITIES
Capital Expenditures $11.46B $14.21B $52.73B
YoY Change -172.85% -195.02% -182.85%
Acquisitions $316.0M $3.513B $5.488B
YoY Change 22.01% -44.6% -28.69%
Other Investing Activities $1.782B -$1.599B $2.896B
YoY Change -51.12% -110.08% -88.88%
Cash From Investing Activities -$9.673B -$15.81B -$54.31B
YoY Change -19.91% -1844.59% 11.8%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net $3.334B
YoY Change 25.06%
Debt Paid & Issued, Net $2.000B $1.386B $2.644B
YoY Change 199900.0% 70.47%
Cash From Financing Activities -6.539B $6.354B $14.08B
YoY Change -241.35% 219.3% 19.78%
NET CHANGE
Cash From Operating Activities 16.48B $4.788B $54.33B
Cash From Investing Activities -9.673B -$15.81B -$54.31B
Cash From Financing Activities -6.539B $6.354B $14.08B
Net Change In Cash 264.0M -$4.519B $13.14B
YoY Change -82.55% -3804.1% 437.44%
FREE CASH FLOW
Cash From Operating Activities $16.48B $4.788B $54.33B
Capital Expenditures $11.46B $14.21B $52.73B
Free Cash Flow $5.021B -$9.419B $1.601B
YoY Change -79.66% -177.45% -98.45%

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<div style="margin-top:14pt;text-indent:11.25pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-style:italic;font-weight:700;line-height:120%">Prior Period Reclassifications</span></div><div style="margin-top:5pt;text-indent:24.75pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Certain prior period amounts have been reclassified to conform to the current period presentation. “Other operating expense (income), net” was reclassified into “Depreciation and amortization of property and equipment and capitalized content costs, operating lease assets, and other” on our consolidated statements of cash flows.</span></div>
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UnrecognizedTaxBenefits
4000000000 usd
CY2023Q1 us-gaap Unrecognized Tax Benefits
UnrecognizedTaxBenefits
4200000000 usd
CY2023Q1 us-gaap Number Of Operating Segments
NumberOfOperatingSegments
3 segment
CY2022Q1 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
116444000000 usd
CY2023Q1 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
127358000000 usd
CY2022Q1 us-gaap Costs And Expenses
CostsAndExpenses
112775000000 usd
CY2023Q1 us-gaap Costs And Expenses
CostsAndExpenses
122584000000 usd
CY2022Q1 us-gaap Operating Income Loss
OperatingIncomeLoss
3669000000 usd
CY2023Q1 us-gaap Operating Income Loss
OperatingIncomeLoss
4774000000 usd
CY2022Q1 us-gaap Nonoperating Income Expense
NonoperatingIncomeExpense
-8934000000 usd
CY2023Q1 us-gaap Nonoperating Income Expense
NonoperatingIncomeExpense
-655000000 usd
CY2022Q1 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
-1422000000 usd
CY2023Q1 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
948000000 usd
CY2022Q1 us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
-1000000 usd
CY2023Q1 us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
1000000 usd
CY2022Q1 us-gaap Net Income Loss
NetIncomeLoss
-3844000000 usd
CY2023Q1 us-gaap Net Income Loss
NetIncomeLoss
3172000000 usd
CY2022Q1 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
116444000000 usd
CY2023Q1 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
127358000000 usd

Files In Submission

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amzn-20230331_cal.xml Edgar Link unprocessable
amzn-20230331_lab.xml Edgar Link unprocessable
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0001018724-23-000008.txt Edgar Link pending
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amzn-20230331_htm.xml Edgar Link completed
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