Revenue segments as reported by the company.

Online Stores

Physical Stores

Third-Party Seller Services

Subscription Services

AWS*

Other Revenue

Revenue Segments

International Sales

North America Sales

Revenue Segments by Geography

Gross Profit, Operating Income, and Net Income as a percentage of Revenue

Gross Margin

Operating Margin

Profit Margin

Margins

An operating expense is an expense a business incurs through its normal business operations. Often abbreviated as OPEX.

Fulfillment

Marketing

Technology & Content

General & Administrative

Other Expenses

Operating Expenses

Year over year growth in Revenue and Operating Expenses.

Revenue Y/Y

OpEx Y/Y

Growth

Operating Cash Flow

Cash & Cash Equivalents + Short Term Investments

Cash + Short Term Investments

Shares outstanding refer to a company's stock currently held by all its shareholders, including share blocks held by institutional investors and restricted shares owned by the company's officers and insiders.

Outstanding Shares

Market Cap

Also known as Price/Sales Ratio. Calculated using Average market cap for the quarter / Annualized quarterly revenue.

Revenue Multiple

Amazon

AbeBooks is an e-commerce global online marketplace with seven national domains that offers Books, Fine Art, and Collectibles from sellers in 50+ countries.

Abebooks

Zappos.com is an online shoe and clothing shop based in Las Vegas, Nevada.  In July 2009, the company announced that Amazon.com would acquire it in an all-stock deal worth about $1.2 billion.

Zappos

Pill Pack is an online pharmacy offering a modern technology-based system that helps people take timely medication.

Pill Pack

Goodreads is a "social cataloging" website that allows individuals to freely search its database of books, annotations, and reviews. Users can sign up and register books to generate library catalogs and reading lists. They can also create their own groups of book suggestions, surveys, polls, blogs, and discussions. The website's offices are located in San Francisco. The company is currently owned by the online retailer Amazon.

Goodreads

Alexa Internet, Inc. is an American company based in California that provides commercial web traffic data and analytics. It is a subsidiary of Amazon.

alexa.com

Double Helix Games is an American video game developer based in Irvine, California, founded in 2007 through two mergers of Foundation 9 studios, The Collective and Shiny Entertainment. The studio was acquired by Amazon.com on February 5, 2014. The studio's first release was Silent Hill: Homecoming for the PlayStation 3 and the Xbox 360.

Double Helix Games

Quidsi was an online speciality retailer. In March 2017, Amazon.com announced their intention to shut down Diapers.com and all other Quidsi sites on April 19, 2017, due to the businesses being unprofitable. On April 20, 2017, Diapers.com, Soap.com, Wag.com, BeautyBar.com, Casa.com, and YoYo.com were relocated to new sites located on Amazon.com which can be accessed by their former URL. Quidsi.com redirects to Amazon.com.

Quidsi

Amazon Web Services (AWS) is a subsidiary of Amazon.com that provides on-demand cloud computing platforms to individuals, companies and governments, on a paid subscription basis. The technology allows subscribers to have at their disposal a virtual cluster of computers, available all the time, through the Internet. AWS's version of virtual computers emulate most of the attributes of a real computer including hardware (CPU(s) & GPU(s) for processing, local/RAM memory, hard-disk/SSD storage); a choice of operating systems; networking; and pre-loaded application software such as web servers, databases, CRM, etc. Each AWS system also virtualizes its console I/O (keyboard, display, and mouse), allowing AWS subscribers to connect to their AWS system using a modern browser. The browser acts as a window into the virtual computer, letting subscribers log-in, configure and use their virtual systems just as they would a real physical computer. They can choose to deploy their AWS systems to provide internet-based services for themselves and their customers.

Amazon Web Services

Shopbop is is a US online fashion apparel and accessories shop opened in 1999. It has been a subsidiary of Amazon.com since 2006. In September 2013 Shopbop opened the East Dane contemporary menswear website.

SHOPBOP

Twitch

Audible is a seller and producer of spoken audio entertainment, information, and educational programming on the Internet. Audible sells digital audiobooks, radio and TV programs, and audio versions of magazines and newspapers. Through its production arm, Audible Studios, Audible has also become the world's largest producer of downloadable audiobooks. Audible's content is only accessible through special proprietary closed software, including unauthorized-playback prevention by means of an Audible user name and password.

Audible

IMDb, also known as Internet Movie Database, is an online database of information related to world films, television programs, home videos and video games, and internet streams, including cast, production crew, personnel and fictional character biographies, plot summaries, trivia, and fan reviews and ratings. An additional fan feature, message boards, was abandoned in February, 2017. The database is owned and operated by IMDb.com, Inc., a subsidiary of Amazon. As of December 2017, IMDb has approximately 4.7 million titles (including episodes) and 8.3 million personalities in its database,as well as 83 million registered users. The movie and talent pages of IMDb are accessible to all internet users, but a registration process is necessary to contribute information to the site.

imdb.com

Amazon.com, Inc. is a multinational technology company, which engages in providing online retail shopping services. It operates through the following segments: North America, International, and Amazon Web Services (AWS). The North America segment is involved in the retail sales of consumer products including from sellers and subscriptions through North America-focused online and physical stores. The International segment focuses on the amounts earned from retail sales of consumer products including from sellers and subscriptions through internationally focused online stores. The AWS segment includes global sales of computer, storage, database, and other services for start-ups, enterprises, government agencies, and academic institutions. The company was founded by Jeffrey P. Bezos in July 1994 and is headquartered in Seattle, WA.

Earnings data Q1 2021

Earnings data Q2 2021

Earnings data Q3 2021

Earnings data Q4 2021

Earnings data Q1 2022

Earnings data Q2 2022

Earnings data Q3 2022

Earnings data Q4 2022

Earnings data Q1 2023

Earnings data Q2 2023

Earnings data Q3 2023

Earnings data Q4 2023

Earnings data Q1 2024

Earnings data Q2 2024

Earnings data Q3 2024

Earnings data Q4 2024

Amazon reports solid Q4 earnings, focuses on strategic investments

Amazon's Q4 2022 performance showcased strong revenue growth, particularly in stores business and AWS, despite operational challenges.
The company's strengths include a focus on customer value, strategic investments, and commitment to long-term growth.
Challenges include AWS growth fluctuations, cost optimization efforts, and shifting investment priorities.
Opportunities exist in enhancing Prime membership, expanding international e-commerce, and investing in innovative technologies for future growth.

Amazon reports strong Q1 earnings, eyes AI and healthcare growth

Amazon's Q1 2023 showcased solid revenue growth, operational income, and cash flow, driven by a focus on cost optimization and productivity enhancements.
Strengths lie in AWS differentiation, international growth, and strong performance in the grocery business, while challenges include lower capital investments and market testing for Amazon Fresh.
Opportunities in AI, healthcare, and internet connectivity present avenues for future growth, with a positive outlook for AWS and continued focus on cost optimization.

Amazon surpasses Q2 revenue targets, focuses on AI and growth

Amazon's Q2 2023 performance exceeded expectations, driven by cost efficiencies, same-day fulfillment expansion, and AWS growth. The company's strengths lie in customer-centric strategies, AI investments, and improving retail margins. Challenges include cautious expansion and balancing cost optimizations with growth. Opportunities include Amazon Business growth, enhanced delivery options, and continued focus on generative AI.

Amazon excels in Q3 earnings, eyes AI and Prime Video growth

Amazon's Q3 performance reflects robust revenue growth and operational efficiency improvements. The company's strengths lie in its fulfillment network optimization, AWS growth, and upcoming Prime Video ad offerings. Challenges include international operations and industry GPU shortages, while opportunities exist in AI, robotics, and Prime Video monetization.

Amazon reports robust Q4 earnings, eyes growth in AI and advertising

Amazon's Q4 2023 earnings reflect strong financial performance, operational efficiency, and strategic growth across key segments like AWS, advertising, and generative AI.
While facing challenges in increased CapEx and capital structure decisions, the company's focus on innovation, cost optimization, and global expansion positions it well for future growth.
Opportunities in advertising, generative AI applications, and diverse business segments present avenues for Amazon to enhance customer experience, drive revenue, and solidify its market position.

Amazon reports stellar Q1 earnings, eyes growth in advertising and grocery

Amazon's Q1 2024 earnings call highlighted exceptional financial performance, driven by revenue growth, operating income surge, and a focus on customer-centric initiatives. The company's strengths in advertising, AWS, and innovation underscore its competitive edge and strategic positioning in the market. While facing challenges in balancing investments and profitability, Amazon remains optimistic about growth opportunities in the grocery business, international markets, and advertising segments.

Amazon reports stellar Q2 earnings driven by AWS and innovation

Amazon's Q2 2024 earnings reflect robust financial performance, driven by strong revenue growth, particularly in AWS and advertising segments.
The company's focus on innovation, cost efficiency, and customer-centric solutions positions it well for future growth and market leadership.
While facing challenges from evolving consumer trends and competitive pressures, Amazon has opportunities to leverage its technological advancements and market position for continued success.
Overall, Amazon's strategic investments in key areas like AI, cloud services, and healthcare present a promising outlook for sustained growth and profitability.

Amazon reports robust Q3 earnings, eyes AI innovation for growth

Amazon's Q3 2024 performance reflects strong revenue growth, operational efficiency improvements, and a strategic focus on advertising and AWS.
While facing challenges in international profitability and robotics implementation, Amazon is well-positioned to capitalize on AI initiatives and consumer behavior trends.
Opportunities lie in leveraging cost-saving measures, enhancing delivery speeds, and driving innovation through AI to sustain growth and competitive advantage.

Revenue

Cost of revenue

Gross profit

Operating expenses

SG&A

Other

Operating income

EBITDA

Net income

Earnings per share

Total assets

Current assets

Cash & equivalents

Receivables

Inventory

Non-current assets

Net PPE

Intangibles

Total liabilities

Current liabilities

Short term debt

Income tax payable

Non-current liabilities

Long-term debt

Total equity

Stockholders equity

Minority interest

Total liabilities & equity

Total debt

Net debt

Book value per share

Cash from operations

Funds from operations

Change in working capital

Cash from investing

Capital expenditure

Purchase/sale of investments

Purchase/sale of business

Other sources

Cash from financing

Change in stock

Change in debt

Cash dividends paid

Cash from other sources

Net change in cash

Free cash flow

Amazon spends a lot on CAPEX, but a large portion is temporary, not recurring expenses in the long run. Amazon has both the ambition and financial capability to invest and expand its future market shares, unlike smaller companies that are struggling in the current global headwind.

Amazon: The Amazing Growth CAPEX

Continued fallout from last week's earnings report and a hotter-than-expected job openings number are likely playing a role.

Why Amazon Is Plunging Today

The swift recent decline in Amazon.com Inc.'s stock could bring the company's closing market value below $1 trillion for the first time in more than two years.

Amazon at risk of closing below $1 trillion valuation for the first time since 2020

I expect Amazon to achieve a significant increase in operating income for 2023 thanks to productivity initiatives and a substantial reduction in capital expenditures. The two key potential catalysts for Amazon are better than expected FY 2023 operating profit and the resumption of share repurchases.

What Is Amazon Stock's 2023 Forecast? Watch Profitability Improvement And Return Of Buybacks

Shares of Amazon.com Inc. AMZN, -5.41% sank 5.2% in midday trading, reversing an earlier intraday gain of as much as 2.1%, to put them in danger of a fifth-straight loss. The stock has tumbled 19.44% over the past five days.

Amazon's stock reverses lower toward a 5th-straight drop, toward a 2 1/2-year low

Many small and midsize businesses (SMBs) are continually facing cash crunches.  As sales rise, so do revenues.

Amazon rolls out cash advance program for merchants

Amazon Music is gearing up for a massive content expansion: The streaming giant will offer a full catalog of music with more than 100 million songs for members.

Amazon Music expands catalog to 100M songs for members

Shopify

Amazon and Shopify have been hammered by inflation, but that has created a rare buying opportunity for investors.

2 Perfect Growth Stocks Down 45% and 80% to Buy Now and Hold Forever

E-commerce giant Amazon.com Inc said on Tuesday it will make more ad-free music and podcasts available to its Prime members.

Amazon makes more ad-free music and podcasts available for Prime members

Amazon has sought to sweeten the perks offered via its Prime subscription program, after raising the price to $139 a year, up from $119.

Amazon expands ad-free music, podcasts for Prime members

You're only hearing bits and pieces of the whole story. The bigger picture is much more encouraging.

Amazon E-Commerce Remains in the Red. Should Smart Investors Care?

SEATTLE--(BUSINESS WIRE)--(NASDAQ:AMZN) -- Today, Amazon Music has expanded its offering for Prime members, bringing them a full catalog of 100 million songs and the most top podcasts available ad-free, at no additional cost to their membership.

Amazon Music Expands Its Prime Benefit, Now With a Full Catalog of Music and the Most Top Podcasts Ad-Free

Amazon today announced a new benefit for its Prime members which could lure some subscribers away from other music services, like Apple Music or Spotify.

Amazon Prime now comes with a full music catalog of 100 million songs and ad-free podcasts

Amazon is sweetening its offering as competitors increasingly bundle entertainment with other services.

Amazon Expands Music Catalog and Podcasts Ad-Free for Prime Members

SEATTLE--(BUSINESS WIRE)--Today, Amazon (NASDAQ: AMZN) launched a new financing solution, a merchant cash advance, provided by Parafin–a U.S.-based provider of growth capital for sellers.

Amazon Launches New Merchant Cash Advance Program Provided by Parafin, Doubling Down on Its Support for Small- and Medium-Sized Businesses

Quantum computer startup QuEra, born from researchers at Harvard University and the Massachusetts Institute of Technology, said on Tuesday its computer is now accessible to the public through Amazon.com cloud's quantum computer service Braket.

Boston-based quantum computer QuEra joins Amazon's cloud for public access

While we all fret about its share price, let's ask, what DON'T we buy through Amazon? Then, let's step back and look at how the company is rolling over its competition.

Amazon: Market Share Machine

Amazon's stock (NASDAQ: AMZN) has lost approximately 38% YTD as compared to the 18% drop in the S&P500 index over the same period. However, at its current price of $103, the stock is trading 36% below its fair value of $160 – Trefis' estimate for Amazon's valuation.

Amazon Underperformed The Revenue Consensus In Q3, What's Next?

Ally Financial

Howard Hughes

MercadoLibre

Realty Income Corp

Pinterest

STORE Capital

I recently freed up some capital, and here's how I decided to deploy it.

I Just Sold One of My Largest Investments -- And Bought These 7 Stocks With the Money

Home Depot

Coca-Cola

He's one of the most successful investors ever, so if you're wondering what money moves to make next, consider this simple advice.

16 Words from Warren Buffett That May Answer Your Biggest Investing Question Right Now

Amazon stock has significantly underperformed the market so far in 2022, losing 40% of its value. Investors doubt the sustained profitability of the retail business in view of massive cost increases.

Amazon: Turnaround Ahead

Abbott Labs

Accenture Plc

Adobe

Salesforce

Alphabet

Mastercard

Microsoft

Visa

Stan C. Moss is CEO at the investment management firm Polen Capital, one of the largest hedge funds based on assets under management.

These Are Stan Moss' Top 10 Holdings

The 3Q22 numbers for Amazon were underwhelming and the 4Q22 guidance was modest. The F/X adjusted operating income for AWS is only up 1% over 3Q21.

News for Amazon Stock (AMZN)