(1) |
For the twelve months ended March 31, 2020 and 2021, this amount relates to equipment included in “Property and equipment acquired under finance leases” of $13,262 million and $11,489 million. |
|
(2) |
For the twelve months ended March 31, 2020 and 2021, this amount relates to property included in “Principal repayments of finance leases” of $10,013 million and $11,448 million. |
|
(3) |
Free cash flow is cash flow from operations reduced by “Purchases of property and equipment, net of proceeds from sales and incentives.” |
|
(4) |
Free cash flow less principal repayments of finance leases and financing obligations is free cash flow reduced by “Principal repayments of finance leases” and “Principal repayments of financing obligations.” |
|
(5) |
Free cash flow less equipment finance leases and principal repayments of all other finance leases and financing obligations is free cash flow reduced by equipment acquired under finance leases, which is included in “Property and equipment acquired under finance leases,” principal repayments of all other finance lease liabilities, which is included in “Principal repayments of finance leases,” and “Principal repayments of financing obligations.” |
AMAZON.COM, INC. Supplemental Financial Information and Business Metrics (in millions) (unaudited) |
||||||||||||||||||||
|
Q4 2019 |
Q1 2020 |
Q2 2020 |
Q3 2020 |
Q4 2020 |
Q1 2021 |
Y/Y %
|
|||||||||||||
Segments |
|
|
|
|
|
|
|
|||||||||||||
North America Segment: |
|
|
|
|
|
|
|
|||||||||||||
Net sales |
$ |
53,670 |
|
$ |
46,127 |
|
$ |
55,436 |
|
$ |
59,373 |
|
$ |
75,346 |
|
$ |
64,366 |
|
40 |
% |
Net sales -- Y/Y growth, excluding F/X |
22 |
% |
29 |
% |
44 |
% |
39 |
% |
40 |
% |
39 |
% |
N/A |
|
||||||
Net sales -- TTM |
$ |
170,773 |
|
$ |
181,088 |
|
$ |
197,871 |
|
$ |
214,606 |
|
$ |
236,282 |
|
$ |
254,521 |
|
41 |
% |
| Operating income |
$ |
1,900 |
|
$ |
1,312 |
|
$ |
2,141 |
|
$ |
2,252 |
|
$ |
2,946 |
|
$ |
3,450 |
|
163 |
% |
| F/X impact -- favorable (unfavorable) |
$ |
(3 |
) |
$ |
5 |
|
$ |
(4 |
) |
$ |
— |
|
$ |
7 |
|
$ |
8 |
|
N/A |
|
| Operating income -- Y/Y growth (decline), excluding F/X |
(16 |
)% |
(43 |
)% |
37 |
% |
76 |
% |
55 |
% |
162 |
% |
N/A |
|
||||||
| Operating margin -- % of North America net sales |
3.5 |
% |
2.8 |
% |
3.9 |
% |
3.8 |
% |
3.9 |
% |
5.4 |
% |
N/A |
|
||||||
| Operating income -- TTM |
$ |
7,033 |
|
$ |
6,057 |
|
$ |
6,634 |
|
$ |
7,604 |
|
$ |
8,651 |
|
$ |
10,789 |
|
78 |
% |
| Operating margin -- TTM % of North America net sales |
4.1 |
% |
3.4 |
% |
3.4 |
% |
3.5 |
% |
3.7 |
% |
4.2 |
% |
N/A |
|
||||||
| International Segment: |
|
|
|
|
|
|
|
|||||||||||||
| Net sales |
$ |
23,813 |
|
$ |
19,106 |
|
$ |
22,668 |
|
$ |
25,171 |
|
$ |
37,467 |
|
$ |
30,649 |
|
60 |
% |
| Net sales -- Y/Y growth, excluding F/X |
15 |
% |
20 |
% |
41 |
% |
33 |
% |
50 |
% |
50 |
% |
N/A |
|
||||||
| Net sales -- TTM |
$ |
74,723 |
|
$ |
77,637 |
|
$ |
83,935 |
|
$ |
90,758 |
|
$ |
104,412 |
|
$ |
115,955 |
|
49 |
% |
| Operating income (loss) |
$ |
(617 |
) |
$ |
(398 |
) |
$ |
345 |
|
$ |
407 |
|
$ |
363 |
|
$ |
1,252 |
|
N/A |
|
| F/X impact -- favorable (unfavorable) |
$ |
(7 |
) |
$ |
(5 |
) |
$ |
32 |
|
$ |
152 |
|
$ |
232 |
|
$ |
270 |
|
N/A |
|
| Operating income/loss -- Y/Y growth (decline), excluding F/X |
(5 |
)% |
338 |
% |
N/A |
|
N/A |
|
N/A |
|
347 |
% |
N/A |
|
||||||
| Operating margin -- % of International net sales |
(2.6 |
)% |
(2.1 |
)% |
1.5 |
% |
1.6 |
% |
1.0 |
% |
4.1 |
% |
N/A |
|
||||||
| Operating income (loss) -- TTM |
$ |
(1,693 |
) |
$ |
(2,001 |
) |
$ |
(1,055 |
) |
$ |
(262 |
) |
$ |
717 |
|
$ |
2,367 |
|
N/A |
|
| Operating margin -- TTM % of International net sales |
(2.3 |
)% |
(2.6 |
)% |
(1.3 |
)% |
(0.3 |
)% |
0.7 |
% |
2.0 |
% |
N/A |
|
||||||
| AWS Segment: |
|
|
|
|
|
|
|
|||||||||||||
| Net sales |
$ |
9,954 |
|
$ |
10,219 |
|
$ |
10,808 |
|
$ |
11,601 |
|
$ |
12,742 |
|
$ |
13,503 |
|
32 |
% |
| Net sales -- Y/Y growth, excluding F/X |
34 |
% |
33 |
% |
29 |
% |
29 |
% |
28 |
% |
32 |
% |
N/A |
|
||||||
| Net sales -- TTM |
$ |
35,026 |
|
$ |
37,549 |
|
$ |
39,976 |
|
$ |
42,582 |
|
$ |
45,370 |
|
$ |
48,654 |
|
30 |
% |
| Operating income |
$ |
2,596 |
|
$ |
3,075 |
|
$ |
3,357 |
|
$ |
3,535 |
|
$ |
3,564 |
|
$ |
4,163 |
|
35 |
% |
| F/X impact -- favorable (unfavorable) |
$ |
26 |
|
$ |
63 |
|
$ |
83 |
|
$ |
(20 |
) |
$ |
(96 |
) |
$ |
(171 |
) |
N/A |
|
| Operating income -- Y/Y growth, excluding F/X |
18 |
% |
36 |
% |
54 |
% |
57 |
% |
41 |
% |
41 |
% |
N/A |
|
||||||
| Operating margin -- % of AWS net sales |
26.1 |
% |
30.1 |
% |
31.1 |
% |
30.5 |
% |
28.0 |
% |
30.8 |
% |
N/A |
|
||||||
| Operating income -- TTM |
$ |
9,201 |
|
$ |
10,053 |
|
$ |
11,289 |
|
$ |
12,563 |
|
$ |
13,531 |
|
$ |
14,619 |
|
45 |
% |
| Operating margin -- TTM % of AWS net sales |
26.3 |
% |
26.8 |
% |
28.2 |
% |
29.5 |
% |
29.8 |
% |
30.0 |
% |
N/A |
|
||||||
| AMAZON.COM, INC. Supplemental Financial Information and Business Metrics (in millions, except employee data) (unaudited) |
||||||||||||||||||||
|
|
||||||||||||||||||||
|
|
Q4 2019 |
Q1 2020 |
Q2 2020 |
Q3 2020 |
Q4 2020 |
Q1 2021 |
Y/Y %
|
|||||||||||||
| Net Sales |
|
|
|
|
|
|
|
|||||||||||||
| Online stores (1) |
$ |
45,657 |
|
$ |
36,652 |
|
$ |
45,896 |
|
$ |
48,350 |
|
$ |
66,451 |
|
$ |
52,901 |
|
44 |
% |
| Online stores -- Y/Y growth, excluding F/X |
15 |
% |
25 |
% |
49 |
% |
37 |
% |
43 |
% |
41 |
% |
N/A |
|
||||||
| Physical stores (2) |
$ |
4,363 |
|
$ |
4,640 |
|
$ |
3,774 |
|
$ |
3,788 |
|
$ |
4,022 |
|
$ |
3,920 |
|
(16 |
)% |
| Physical stores -- Y/Y growth, excluding F/X |
(1 |
)% |
8 |
% |
(13 |
)% |
(10 |
)% |
(7 |
)% |
(16 |
)% |
N/A |
|
||||||
| Third-party seller services (3) |
$ |
17,446 |
|
$ |
14,479 |
|
$ |
18,195 |
|
$ |
20,436 |
|
$ |
27,327 |
|
$ |
23,709 |
|
64 |
% |
| Third-party seller services -- Y/Y growth, excluding F/X |
31 |
% |
31 |
% |
53 |
% |
53 |
% |
54 |
% |
60 |
% |
N/A |
|
||||||
| Subscription services (4) |
$ |
5,235 |
|
$ |
5,556 |
|
$ |
6,018 |
|
$ |
6,572 |
|
$ |
7,061 |
|
$ |
7,580 |
|
36 |
% |
| Subscription services -- Y/Y growth, excluding F/X |
32 |
% |
29 |
% |
30 |
% |
32 |
% |
34 |
% |
34 |
% |
N/A |
|
||||||
| AWS |
$ |
9,954 |
|
$ |
10,219 |
|
$ |
10,808 |
|
$ |
11,601 |
|
$ |
12,742 |
|
$ |
13,503 |
|
32 |
% |
| AWS -- Y/Y growth, excluding F/X |
34 |
% |
33 |
% |
29 |
% |
29 |
% |
28 |
% |
32 |
% |
N/A |
|
||||||
| Other (5) |
$ |
4,782 |
|
$ |
3,906 |
|
$ |
4,221 |
|
$ |
5,398 |
|
$ |
7,952 |
|
$ |
6,905 |
|
77 |
% |
| Other -- Y/Y growth, excluding F/X |
41 |
% |
44 |
% |
41 |
% |
49 |
% |
64 |
% |
73 |
% |
N/A |
|
||||||
|
|
|
|
|
|
|
|
|
|||||||||||||
| Stock-based Compensation Expense |
|
|
|
|
|
|
|
|||||||||||||
| Cost of sales |
$ |
43 |
|
$ |
41 |
|
$ |
76 |
|
$ |
75 |
|
$ |
91 |
|
$ |
90 |
|
116 |
% |
| Fulfillment |
$ |
286 |
|
$ |
260 |
|
$ |
417 |
|
$ |
316 |
|
$ |
364 |
|
$ |
342 |
|
31 |
% |
| Technology and content |
$ |
1,007 |
|
$ |
961 |
|
$ |
1,421 |
|
$ |
1,267 |
|
$ |
1,412 |
|
$ |
1,228 |
|
28 |
% |
| Marketing |
$ |
322 |
|
$ |
332 |
|
$ |
456 |
|
$ |
446 |
|
$ |
476 |
|
$ |
456 |
|
38 |
% |
| General and administrative |
$ |
182 |
|
$ |
163 |
|
$ |
231 |
|
$ |
184 |
|
$ |
219 |
|
$ |
190 |
|
16 |
% |
| Total stock-based compensation expense |
$ |
1,840 |
|
$ |
1,757 |
|
$ |
2,601 |
|
$ |
2,288 |
|
$ |
2,562 |
|
$ |
2,306 |
|
31 |
% |
| Other |
|
|
|
|
|
|
|
|||||||||||||
| WW shipping costs |
$ |
12,884 |
|
$ |
10,936 |
|
$ |
13,652 |
|
$ |
15,063 |
|
$ |
21,465 |
|
$ |
17,162 |
|
57 |
% |
| WW shipping costs -- Y/Y growth |
43 |
% |
49 |
% |
68 |
% |
57 |
% |
67 |
% |
57 |
% |
N/A |
|
||||||
| WW paid units -- Y/Y growth (6) |
22 |
% |
32 |
% |
57 |
% |
46 |
% |
47 |
% |
44 |
% |
N/A |
|
||||||
| WW seller unit mix -- % of WW paid units (6) |
53 |
% |
52 |
% |
53 |
% |
54 |
% |
55 |
% |
55 |
% |
N/A |
|
||||||
| Employees (full-time and part-time; excludes contractors & temporary personnel) |
798,000 |
|
840,400 |
|
876,800 |
|
1,125,300 |
|
1,298,000 |
|
1,271,000 |
|
51 |
% |
||||||
| Employees (full-time and part-time; excludes contractors & temporary personnel) -- Y/Y growth |
23 |
% |
33 |
% |
34 |
% |
50 |
% |
63 |
% |
51 |
% |
N/A |
|
||||||
