Summary
Amazon's 2015 10-K filing reveals a company experiencing significant growth and continued investment across its diverse business segments. Net sales surged by 20% year-over-year, reaching $107 billion, demonstrating robust demand for its products and services. This growth was driven by strong performance in North America and a notable expansion in Amazon Web Services (AWS), which saw a 70% increase in sales, highlighting its strategic importance as a high-growth engine. Despite topline growth, profitability remained a focus, with income from operations increasing to $2.23 billion from $178 million in the prior year, showing improving operational efficiency. The company continued to invest heavily in technology and content, as well as fulfillment infrastructure, signaling a commitment to long-term expansion and customer experience. While facing intense competition and various operational risks, Amazon's financial position remains solid, supported by substantial cash flows from operations and a significant cash balance, positioning it to fund future growth initiatives.
Financial Highlights
54 data points| Revenue | $107.01B |
| Cost of Revenue | $71.65B |
| Gross Profit | $35.35B |
| Operating Expenses | $104.77B |
| Operating Income | $2.23B |
| Interest Expense | $459.00M |
| Net Income | $596.00M |
| EPS (Basic) | $0.06 |
| EPS (Diluted) | $0.06 |
| Shares Outstanding (Basic) | 9.34B |
| Shares Outstanding (Diluted) | 9.54B |
Key Highlights
- 1Achieved 20% year-over-year net sales growth, reaching $107 billion in 2015.
- 2Amazon Web Services (AWS) demonstrated exceptional growth, with sales increasing by 70% to $7.88 billion.
- 3Income from operations saw a substantial increase, rising to $2.23 billion from $178 million in 2014, indicating improved profitability.
- 4Significant investments in technology and content, totaling $12.54 billion, underscore the company's focus on innovation and platform development.
- 5Fulfillment costs increased by 25% to $13.41 billion, reflecting ongoing expansion of its logistics network to support sales volume.
- 6The company maintained a strong liquidity position with $19.8 billion in cash, cash equivalents, and marketable securities as of December 31, 2015.
- 7Amazon reported a net income of $596 million for the year, a significant improvement from a net loss of $241 million in 2014.