Summary
Amazon.com, Inc. reported strong financial performance for the second quarter and first half of 2021, with total net sales reaching $113.1 billion in Q2 2021, a 27% increase year-over-year, and $221.6 billion for the first six months, a 35% increase. Net income also saw substantial growth, rising to $7.8 billion in Q2 2021 from $5.2 billion in the prior year period. The company's operating income demonstrated robust growth across all segments, particularly AWS, driven by increased customer usage and operational efficiencies. The company's balance sheet reflects significant asset growth, with total assets increasing to $360.3 billion as of June 30, 2021. While the company's long-term debt increased, its cash and cash equivalents and marketable securities remained strong. Amazon continued to invest heavily in its fulfillment network and technology infrastructure, which is reflected in its capital expenditures. Despite ongoing investments and some increased operating expenses, the company's overall financial health appears solid, supported by consistent sales growth and profitability across its diverse business segments.
Financial Highlights
52 data points| Revenue | $113.08B |
| Cost of Revenue | $64.18B |
| Gross Profit | $48.90B |
| Operating Expenses | $105.38B |
| Operating Income | $7.70B |
| Interest Expense | $435.00M |
| Net Income | $7.78B |
| EPS (Basic) | $0.77 |
| EPS (Diluted) | $0.76 |
| Shares Outstanding (Basic) | 10.10B |
| Shares Outstanding (Diluted) | 10.29B |
Key Highlights
- 1Total net sales for Q2 2021 were $113.1 billion, an increase of 27% year-over-year.
- 2Net income for Q2 2021 was $7.8 billion, a significant increase from $5.2 billion in Q2 2020.
- 3AWS segment sales grew 37% year-over-year in Q2 2021, demonstrating continued strength in cloud services.
- 4Operating income increased to $7.7 billion in Q2 2021, up from $5.8 billion in Q2 2020.
- 5The company reported $40.7 billion in cash, cash equivalents, and restricted cash as of June 30, 2021.
- 6Capital expenditures increased significantly, reflecting ongoing investments in property and equipment, particularly for fulfillment and technology infrastructure.