2023 Q4 Form 10-Q Financial Statement

#000101872423000018 Filed on October 27, 2023

View on sec.gov

Income Statement

Concept 2023 Q4 2023 Q3
Revenue $170.0B $143.1B
YoY Change 13.91% 12.57%
Cost Of Revenue $92.55B $75.02B
YoY Change 8.07% 6.77%
Gross Profit $77.41B $68.06B
YoY Change 21.78% 19.76%
Gross Profit Margin 45.54% 47.57%
Selling, General & Admin $42.01B $13.11B
YoY Change 7.01% -6.84%
% of Gross Profit 54.27% 19.27%
Research & Development $22.04B $21.20B
YoY Change 5.88% 8.82%
% of Gross Profit 28.47% 31.15%
Depreciation & Amortization $13.82B $12.13B
YoY Change 5.14% 18.88%
% of Gross Profit 17.85% 17.82%
Operating Expenses $64.20B $13.11B
YoY Change 5.54% -60.93%
Operating Profit $13.21B $11.19B
YoY Change 382.61% 343.09%
Interest Expense $237.0M $806.0M
YoY Change -108.7% 30.63%
% of Operating Profit 1.79% 7.2%
Other Income/Expense, Net $240.0M $1.001B
YoY Change -124.64% 138.9%
Pretax Income $13.69B $12.19B
YoY Change -1522.66% 314.03%
Income Tax $3.062B $2.306B
% Of Pretax Income 22.37% 18.92%
Net Earnings $10.62B $9.879B
YoY Change 3721.58% 243.98%
Net Earnings / Revenue 6.25% 6.9%
Basic Earnings Per Share $0.96
Diluted Earnings Per Share $1.00 $0.94
COMMON SHARES
Basic Shares Outstanding 10.33B shares 10.32B shares
Diluted Shares Outstanding 10.56B shares

Balance Sheet

Concept 2023 Q4 2023 Q3
SHORT-TERM ASSETS
Cash & Short-Term Investments $86.78B $64.17B
YoY Change 23.93% 9.39%
Cash & Equivalents $73.39B $49.61B
Short-Term Investments $13.39B $14.56B
Other Short-Term Assets $5.897B $465.0M
YoY Change 1547.21% 107.59%
Inventory $33.32B $35.41B
Prepaid Expenses
Receivables $52.25B $43.42B
Other Receivables $0.00 $0.00
Total Short-Term Assets $172.4B $143.0B
YoY Change 17.41% 8.77%
LONG-TERM ASSETS
Property, Plant & Equipment $276.7B $267.2B
YoY Change 9.43% 11.7%
Goodwill $22.79B $22.75B
YoY Change 12.33% 12.8%
Intangibles $7.687B
YoY Change 26.08%
Long-Term Investments $5.700B $5.700B
YoY Change 14.0% -26.92%
Other Assets $56.02B $53.91B
YoY Change 31.03% 43.76%
Total Long-Term Assets $355.5B $343.9B
YoY Change 12.54% 15.83%
TOTAL ASSETS
Total Short-Term Assets $172.4B $143.0B
Total Long-Term Assets $355.5B $343.9B
Total Assets $527.9B $486.9B
YoY Change 14.09% 13.66%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $84.98B $72.00B
YoY Change 6.76% 6.26%
Accrued Expenses $64.71B $58.81B
YoY Change 3.43% -1.94%
Deferred Revenue $15.23B $14.40B
YoY Change 15.12% 14.01%
Short-Term Debt $0.00 $166.0M
YoY Change -84.91%
Long-Term Debt Due $8.494B $5.995B
YoY Change 183.23% 41.16%
Total Short-Term Liabilities $164.9B $145.2B
YoY Change 6.13% 3.46%
LONG-TERM LIABILITIES
Long-Term Debt $58.31B $61.10B
YoY Change -13.16% 3.7%
Other Long-Term Liabilities $25.45B $21.71B
YoY Change 20.5% -2.48%
Total Long-Term Liabilities $83.77B $82.81B
YoY Change -5.1% 2.0%
TOTAL LIABILITIES
Total Short-Term Liabilities $164.9B $145.2B
Total Long-Term Liabilities $83.77B $82.81B
Total Liabilities $248.7B $228.0B
YoY Change 2.06% 2.92%
SHAREHOLDERS EQUITY
Retained Earnings $113.6B $103.0B
YoY Change 36.57% 24.22%
Common Stock $109.0M $108.0M
YoY Change 0.93% 0.93%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $201.9B $183.0B
YoY Change
Total Liabilities & Shareholders Equity $527.9B $486.9B
YoY Change 14.09% 13.66%

Cashflow Statement

Concept 2023 Q4 2023 Q3
OPERATING ACTIVITIES
Net Income $10.62B $9.879B
YoY Change 3721.58% 243.98%
Depreciation, Depletion And Amortization $13.82B $12.13B
YoY Change 5.14% 18.88%
Cash From Operating Activities $42.47B $21.22B
YoY Change 45.56% 86.05%
INVESTING ACTIVITIES
Capital Expenditures $14.59B $12.48B
YoY Change -187.92% -176.19%
Acquisitions $1.629B
YoY Change 84.07%
Other Investing Activities $1.987B $726.0M
YoY Change -65.57% -5.71%
Cash From Investing Activities -$12.60B -$11.75B
YoY Change 16.45% -24.7%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net $0.00
YoY Change
Cash From Financing Activities -6.746B -$8.948B
YoY Change -7944.19% -396.68%
NET CHANGE
Cash From Operating Activities 42.47B $21.22B
Cash From Investing Activities -12.60B -$11.75B
Cash From Financing Activities -6.746B -$8.948B
Net Change In Cash 23.12B $14.00M
YoY Change 25.38% -100.56%
FREE CASH FLOW
Cash From Operating Activities $42.47B $21.22B
Capital Expenditures $14.59B $12.48B
Free Cash Flow $27.88B $8.738B
YoY Change -39.09% -68.55%

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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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<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%">Use of Estimates</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%">The preparation of financial statements in conformity with GAAP requires estimates and assumptions that affect the reported amounts of assets and liabilities, revenues and expenses, and related disclosures of contingent liabilities in the consolidated financial statements and accompanying notes. Estimates are used for, but not limited to, income taxes, useful lives of equipment, commitments and contingencies, valuation of acquired intangibles and goodwill, stock-based compensation forfeiture rates, vendor funding, inventory valuation, collectability of receivables, impairment of property and equipment and operating leases, valuation and impairment of investments, self-insurance liabilities, and viewing patterns of capitalized video content. Actual results could differ materially from these estimates.</span></div>
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CY2023Q3 us-gaap Operating Lease Liability
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CY2023Q3 amzn Financing Obligations Future Minimum Payments Remainder Of Fiscal Year
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CY2023Q3 amzn Financing Obligations Future Minimum Payments Due In One Year
FinancingObligationsFutureMinimumPaymentsDueInOneYear
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CY2023Q3 amzn Financing Obligations Future Minimum Payments Due In Three Years
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CY2023Q3 amzn Financing Obligations Future Minimum Payments Due In Four Years
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CY2023Q3 amzn Financing Obligations Future Minimum Payments Due After Year Four
FinancingObligationsFutureMinimumPaymentsDueAfterYearFour
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CY2023Q3 amzn Financing Obligations Future Minimum Payments Due
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CY2023Q3 amzn Lessee Lease Not Yet Commenced Future Minimum Payments Due Remainder Of Fiscal Year
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CY2023Q3 amzn Lessee Lease Not Yet Commenced Future Minimum Payments Due Next Twelve Months
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CY2023Q3 amzn Lessee Lease Not Yet Commenced Future Minimum Payments Due In Two Years
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CY2023Q3 amzn Lessee Lease Not Yet Commenced Future Minimum Payments Due In Three Years
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CY2023Q3 amzn Lessee Lease Not Yet Commenced Future Minimum Payments Due In Four Years
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CY2023Q3 amzn Lessee Lease Not Yet Commenced Future Minimum Payments Due After Four Years
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CY2023Q3 amzn Lessee Lease Not Yet Commenced Future Minimum Payments Due
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CY2023Q3 us-gaap Unrecorded Unconditional Purchase Obligation Due In Remainder Of Fiscal Year
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CY2023Q3 us-gaap Unrecorded Unconditional Purchase Obligation Balance On Third Anniversary
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CY2023Q3 us-gaap Unrecorded Unconditional Purchase Obligation Balance On Fourth Anniversary
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CY2023Q3 amzn Unrecorded Unconditional Purchase Obligation To Be Paid After Year Four
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CY2023Q3 us-gaap Unrecorded Unconditional Purchase Obligation Balance Sheet Amount
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CY2023Q3 us-gaap Other Commitment Due In Next Twelve Months
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CY2023Q3 us-gaap Other Commitment Due In Third Year
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CY2023Q3 us-gaap Other Commitment Due In Fourth Year
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CY2023Q3 amzn Other Commitment To Be Paid After Year Four
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CY2023Q3 us-gaap Other Commitment
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CY2023Q3 us-gaap Contractual Obligation Future Minimum Payments Due Remainder Of Fiscal Year
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CY2023Q3 us-gaap Contractual Obligation Due In Next Twelve Months
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CY2023Q3 us-gaap Contractual Obligation Due In Second Year
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CY2023Q3 amzn Contractual Obligation To Be Paid After Year Four
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CY2023Q3 amzn Financing Obligations Current
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CY2023Q3 amzn Financing Obligations Noncurrent
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CY2022Q4 amzn Financing Obligation Weighted Average Remaining Term
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CY2023Q3 amzn Financing Obligation Weighted Average Remaining Term
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CY2023Q3 amzn Financing Obligations Weighted Average Interest Rate
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CY2022Q4 us-gaap Short Term Borrowings
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us-gaap Stock Repurchased During Period Shares
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CY2022Q4 amzn Common Stock Shares Outstanding Including Nonvested Stock Awards
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CY2022Q3 us-gaap Allocated Share Based Compensation Expense
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CY2023Q3 us-gaap Employee Service Share Based Compensation Nonvested Awards Total Compensation Cost Not Yet Recognized
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us-gaap Employee Service Share Based Compensation Nonvested Awards Total Compensation Cost Not Yet Recognized Period For Recognition1
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CY2022Q4 amzn Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Forfeiture Rate
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CY2023Q3 amzn Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Forfeiture Rate
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CY2022Q2 us-gaap Stockholders Equity
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us-gaap Income Tax Expense Benefit
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amzn Effective Income Tax Rate Reconciliation Net Discrete Tax Expense Benefit Amount
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CY2022Q4 us-gaap Unrecognized Tax Benefits
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Files In Submission

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amzn-20230930_cal.xml Edgar Link unprocessable
0001018724-23-000018-index-headers.html Edgar Link pending
0001018724-23-000018-index.html Edgar Link pending
0001018724-23-000018.txt Edgar Link pending
0001018724-23-000018-xbrl.zip Edgar Link pending
amzn-20230930.htm Edgar Link pending
amzn-20230930.xsd Edgar Link pending
amzn-20230930xex311.htm Edgar Link pending
amzn-20230930xex312.htm Edgar Link pending
amzn-20230930xex321.htm Edgar Link pending
amzn-20230930xex322.htm Edgar Link pending
Financial_Report.xlsx Edgar Link pending
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amzn-20230930_def.xml Edgar Link unprocessable
amzn-20230930_lab.xml Edgar Link unprocessable
amzn-20230930_pre.xml Edgar Link unprocessable
FilingSummary.xml Edgar Link unprocessable
amzn-20230930_htm.xml Edgar Link completed
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