Early Access

10-KPeriod: FY2018

AMAZON COM INC Annual Report, Year Ended Dec 31, 2018

Filed February 1, 2019For Securities:AMZN

Summary

Amazon.com, Inc. (AMZN) filed its 2018 10-K report on February 1, 2019, showcasing robust growth across its diversified business segments. The company reported significant increases in net sales, driven by strong performance in North America and the continued expansion of Amazon Web Services (AWS). This growth was accompanied by a substantial rise in operating income, demonstrating improved profitability and operational efficiency. Key drivers for this performance include the company's relentless focus on customer obsession, invention, and operational excellence. The ongoing expansion of its fulfillment network, investments in technology and content, and the sustained growth of AWS are critical to its strategy. While competition remains intense across all sectors, Amazon's integrated business model, leveraging its e-commerce platform, cloud services, and diverse product offerings, positions it for continued market leadership and value creation for shareholders.

Financial Highlights

53 data points
Beta

Revenue

$232.89B

0.4% Gross Margin

Net Income

$10.07B

0.0% Net Margin

EPS (Diluted)

$1.01

Total Assets

$162.65B

Cash & Equivalents

$31.75B

Free Cash Flow

$30.72B

Financial Statements
Beta
Revenue$232.89B
Cost of Revenue$139.16B
Gross Profit$93.73B
Operating Expenses$220.47B
Operating Income$12.42B
Interest Expense$1.42B
Net Income$10.07B
EPS (Basic)$1.03
EPS (Diluted)$1.01
Shares Outstanding (Basic)9.74B
Shares Outstanding (Diluted)10.00B

Key Highlights

  • 1Net sales grew by 31% year-over-year in both 2017 and 2018, reaching $232.887 billion in 2018.
  • 2Operating income significantly increased to $12.421 billion in 2018, up from $4.106 billion in 2017, indicating improved profitability.
  • 3Amazon Web Services (AWS) demonstrated strong growth, with net sales increasing by 47% in 2018 to $25.655 billion, contributing significantly to operating income.
  • 4The North America segment showed robust growth, with net sales up 33% in 2018 to $141.366 billion, and operating income reaching $7.267 billion.
  • 5Net income more than tripled from $3.033 billion in 2017 to $10.073 billion in 2018, reflecting strong financial performance.
  • 6The company continued to invest heavily in technology and content and fulfillment, with these expenses growing to support business expansion and innovation.
  • 7Amazon's free cash flow showed a strong rebound, reaching $19.400 billion in 2018, demonstrating robust cash generation capabilities.

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