2024 Q1 Form 10-K Financial Statement

#000101872424000008 Filed on February 02, 2024

View on sec.gov

Income Statement

Concept 2024 Q1 2023 Q4 2023
Revenue $143.3B $170.0B $574.8B
YoY Change 12.53% 13.91% 11.83%
Cost Of Revenue $72.63B $92.55B $304.7B
YoY Change 7.14% 8.07% 5.51%
Gross Profit $70.68B $77.41B $270.0B
YoY Change 18.66% 21.78% 19.94%
Gross Profit Margin 49.32% 45.54% 46.98%
Selling, General & Admin $34.72B $42.01B $56.19B
YoY Change 162.74% 7.01% 3.8%
% of Gross Profit 49.12% 54.27% 20.81%
Research & Development $20.42B $22.04B $85.62B
YoY Change -0.13% 5.88% 16.95%
% of Gross Profit 28.9% 28.47% 31.71%
Depreciation & Amortization $11.68B $13.82B $43.85B
YoY Change 5.04% 5.14% 22.61%
% of Gross Profit 16.53% 17.85% 16.24%
Operating Expenses $55.37B $64.20B $56.19B
YoY Change 64.48% 5.54% -55.88%
Operating Profit $15.31B $13.21B $36.85B
YoY Change 220.63% 382.61% 200.88%
Interest Expense -$1.851B $237.0M $3.182B
YoY Change -324.91% -108.7% 34.43%
% of Operating Profit -12.09% 1.79% 8.63%
Other Income/Expense, Net -$473.0M $240.0M $705.0M
YoY Change -27.79% -124.64% -103.88%
Pretax Income $12.98B $13.69B $32.33B
YoY Change 215.2% -1522.66% -493.05%
Income Tax $2.467B $3.062B $7.120B
% Of Pretax Income 19.0% 22.37% 22.02%
Net Earnings $10.43B $10.62B $4.294B
YoY Change 228.85% 3721.58% -79.95%
Net Earnings / Revenue 7.28% 6.25% 0.75%
Basic Earnings Per Share $1.00 $2.95
Diluted Earnings Per Share $0.98 $1.00 $2.90
COMMON SHARES
Basic Shares Outstanding 10.39B shares 10.33B shares 10.30B shares
Diluted Shares Outstanding 10.67B shares 10.49B shares

Balance Sheet

Concept 2024 Q1 2023 Q4 2023
SHORT-TERM ASSETS
Cash & Short-Term Investments $85.07B $86.78B $86.78B
YoY Change 32.09% 23.93% 23.93%
Cash & Equivalents $72.85B $73.39B $73.39B
Short-Term Investments $12.22B $13.39B $13.39B
Other Short-Term Assets $6.074B $5.897B $5.897B
YoY Change 1511.14% 1547.21% 1547.21%
Inventory $31.15B $33.32B $33.32B
Prepaid Expenses
Receivables $41.69B $52.25B $46.36B
Other Receivables $0.00 $0.00 $0.00
Total Short-Term Assets $164.0B $172.4B $172.4B
YoY Change 20.38% 17.41% 17.41%
LONG-TERM ASSETS
Property, Plant & Equipment $283.3B $276.7B $276.7B
YoY Change 9.36% 9.43% 9.43%
Goodwill $22.77B $22.79B
YoY Change 0.09% 12.33%
Intangibles $7.687B
YoY Change 26.08%
Long-Term Investments $3.400B $5.700B $5.700B
YoY Change -22.73% 14.0% 14.0%
Other Assets $57.55B $56.02B $42.64B
YoY Change 24.05% 31.03% 34.67%
Total Long-Term Assets $367.0B $355.5B $355.5B
YoY Change 11.83% 12.54% 12.54%
TOTAL ASSETS
Total Short-Term Assets $164.0B $172.4B $172.4B
Total Long-Term Assets $367.0B $355.5B $355.5B
Total Assets $531.0B $527.9B $527.9B
YoY Change 14.34% 14.09% 14.09%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $73.07B $84.98B $84.98B
YoY Change 9.21% 6.76% 6.76%
Accrued Expenses $54.85B $64.71B $55.94B
YoY Change -17.37% 3.43% -5.66%
Deferred Revenue $15.93B $15.23B
YoY Change 11.53% 15.12%
Short-Term Debt $0.00 $0.00 $0.00
YoY Change -100.0%
Long-Term Debt Due $9.117B $8.494B $8.765B
YoY Change 355.85% 183.23% 168.45%
Total Short-Term Liabilities $153.0B $164.9B $164.9B
YoY Change 3.66% 6.13% 6.13%
LONG-TERM LIABILITIES
Long-Term Debt $73.75B $58.31B $74.99B
YoY Change 9.93% -13.16% -12.02%
Other Long-Term Liabilities $87.60B $25.45B $86.07B
YoY Change 318.49% 20.5% 13.25%
Total Long-Term Liabilities $161.3B $83.77B $161.1B
YoY Change 83.31% -5.1% -0.11%
TOTAL LIABILITIES
Total Short-Term Liabilities $153.0B $164.9B $164.9B
Total Long-Term Liabilities $161.3B $83.77B $161.1B
Total Liabilities $314.3B $248.7B $326.0B
YoY Change 33.42% 2.06% 2.95%
SHAREHOLDERS EQUITY
Retained Earnings $124.0B $113.6B
YoY Change 43.63% 36.57%
Common Stock $109.0M $109.0M
YoY Change 0.93% 0.93%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $216.7B $201.9B $201.9B
YoY Change
Total Liabilities & Shareholders Equity $531.0B $527.9B $527.9B
YoY Change 14.34% 14.09% 14.09%

Cashflow Statement

Concept 2024 Q1 2023 Q4 2023
OPERATING ACTIVITIES
Net Income $10.43B $10.62B $4.294B
YoY Change 228.85% 3721.58% -79.95%
Depreciation, Depletion And Amortization $11.68B $13.82B $43.85B
YoY Change 5.04% 5.14% 22.61%
Cash From Operating Activities $18.99B $42.47B $54.33B
YoY Change 296.6% 45.56% 38.16%
INVESTING ACTIVITIES
Capital Expenditures $14.93B $14.59B $52.73B
YoY Change 5.05% -187.92% -182.85%
Acquisitions $3.354B $5.488B
YoY Change -4.53% -28.69%
Other Investing Activities -$2.937B $1.987B $2.896B
YoY Change 83.68% -65.57% -88.88%
Cash From Investing Activities -$17.86B -$12.60B -$54.31B
YoY Change 13.01% 16.45% 11.8%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net $3.334B
YoY Change 25.06%
Debt Paid & Issued, Net $330.0M $2.644B
YoY Change -76.19% 70.47%
Cash From Financing Activities -1.256B -6.746B $14.08B
YoY Change -119.77% -7944.19% 19.78%
NET CHANGE
Cash From Operating Activities 18.99B 42.47B $54.33B
Cash From Investing Activities -17.86B -12.60B -$54.31B
Cash From Financing Activities -1.256B -6.746B $14.08B
Net Change In Cash -129.0M 23.12B $13.14B
YoY Change -97.15% 25.38% 437.44%
FREE CASH FLOW
Cash From Operating Activities $18.99B $42.47B $54.33B
Capital Expenditures $14.93B $14.59B $52.73B
Free Cash Flow $4.064B $27.88B $1.601B
YoY Change -143.15% -39.09% -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%">Use of Estimates</span></div>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.
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CY2021 us-gaap Income Tax Expense Benefit
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CY2021 us-gaap Income Loss From Equity Method Investments
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CY2021 us-gaap Net Income Loss
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CY2023 us-gaap Net Income Loss
NetIncomeLoss
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CY2021 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
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CY2023 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
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CY2021Q4 us-gaap Assets
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CY2022Q4 us-gaap Assets
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CY2023Q4 us-gaap Assets
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CY2021Q4 us-gaap Property Plant And Equipment And Finance Lease Right Of Use Asset After Accumulated Depreciation And Amortization
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CY2022Q4 us-gaap Property Plant And Equipment And Finance Lease Right Of Use Asset After Accumulated Depreciation And Amortization
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CY2021 us-gaap Segment Expenditure Addition To Long Lived Assets
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CY2021 us-gaap Depreciation
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CY2022 us-gaap Depreciation
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CY2023 us-gaap Depreciation
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CY2023Q4 ecd Non Rule10b51 Arr Trmntd Flag
NonRule10b51ArrTrmntdFlag
false
CY2023Q4 ecd Rule10b51 Arr Trmntd Flag
Rule10b51ArrTrmntdFlag
false
CY2023Q4 ecd Non Rule10b51 Arr Adopted Flag
NonRule10b51ArrAdoptedFlag
false

Files In Submission

Name View Source Status
amzn-20231231_pre.xml Edgar Link unprocessable
0001018724-24-000008-index-headers.html Edgar Link pending
0001018724-24-000008-index.html Edgar Link pending
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0001018724-24-000008-xbrl.zip Edgar Link pending
amzn-20231231.htm Edgar Link pending
amzn-20231231.xsd Edgar Link pending
amzn-20231231xex107.htm Edgar Link pending
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Financial_Report.xlsx Edgar Link pending
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FilingSummary.xml Edgar Link unprocessable