[ad_1]
SEATTLE – (BUSINESS WIRE) – Amazon.com, Inc. (NASDAQ: AMZN) announced today the financial results of
its fourth quarter ended December 31, 2018.
Cash flow from operations increased 67% to $ 30.7 billion.
twelve months, compared to $ 18.4 billion for the last twelve months
quarter ended December 31, 2017. Free cash flow increased to $ 19.4
billion for the last twelve months, compared to $ 8.3 billion for
the last twelve months ended December 31, 2017. Free cash flow less
leasing capital repayments increased to $ 11.6 billion for the last
twelve months, compared to $ 3.3 billion for the last twelve months
ended December 31, 2017. Free cash flow less principal of finance leases
repayments and badets acquired under capital leases increased
contribution of $ 8.4 billion for the last twelve months, compared to a
$ 1.5 billion outflow for the last twelve months ended
December 31, 2017.
Outstanding common shares plus shares underlying stock-based awards
507 million as at 31 December 2018, compared with 504 million
there is a year.
Fourth quarter 2018
Net sales increased 20% to $ 72.4 billion in the fourth quarter, compared to
with $ 60.5 billion in the fourth quarter of 2017. Excluding $ 801 million
adverse impact of year-over-year changes in exchange rates
throughout the quarter, net sales increased 21% from the fourth quarter
quarter of 2017.
Operating profit reached $ 3.8 billion in the fourth quarter,
compared to a $ 2.1 billion operating profit in the fourth quarter of 2017.
Net income increased to $ 3.0 billion in the fourth quarter, or $ 6.04 per year.
diluted compared to net income of $ 1.9 billion or $ 3.75 per year.
diluted share, fourth quarter 2017. Fourth quarter 2017
an interim tax benefit related to the impact of the US tax and employment reduction
Act of 2017 of about 789 million dollars.
Complete year 2018
Net sales increased 31% to $ 232.9 billion from $ 177.9 billion
in 2017. Excluding the favorable impact of $ 1.3 billion from the previous year.
Exchange rate fluctuations throughout the year, net sales
increased by 30% compared to 2017.
Earnings from operations increased to $ 12.4 billion compared to
revenues of $ 4.1 billion in 2017.
Net income increased to $ 10.1 billion, or $ 20.14 per diluted share,
against a net profit of $ 3.0 billion, or $ 6.15 per diluted share, in
2017
"Alexa was very busy during her holidays. Echo Dot was the
Top-selling item among all the products on Amazon in the world and customers
bought millions of additional devices from the Echo family compared to last
year, "said Jeff Bezos, founder and CEO of Amazon. "The number of research
scientists working on Alexa has more than doubled over the past year, and
the results of the hard work of the team are clear. In 2018, we improved
Alexa is able to understand the requests and answer the questions of more than
20% thanks to advances in machine learning, we have added billions of facts
making Alexa more informed than ever, developers have doubled the number
Alexa's skills to over 80,000, and customers have talked to Alexa about dozens of
billions of times in 2018 compared to 2017. We are energized by and
grateful for the answer, and you can count on us to continue working hard
bring even more invention to customers. "
Strong points
-
For the second year in a row, Amazon has been clbadified as an American company.
love the most about the Morning Consult brands that have defined 2018, and it has been
named Most JUST America in retail on JUST Capital's Just 100
listing. The Just 100 award rewards companies for areas that
matters most for clients, including jobs created, worker treatment
and customers, environmental and community engagement efforts, and
more. -
Amazon launched Amazon Future Engineer, a program for young people in their careers
which aims to inspire and educate millions of children and young adults
about computer science and coding each year of underserved and
low-income communities. Through this program, Amazon will fund coding
camps and lessons online, pay for the course of initiation and advanced
computer clbades for more than 100,000 disadvantaged young people
people in 2,000 low-income high schools in the United States and allot 100
students each year from underserved communities who are pursuing studies in
computer science with $ 10,000 annual scholarships over four years, as well as
in the form of paid internships at Amazon. -
Amazon's $ 15 hourly minimum wage came into effect in the United States and the
United Kingdom (£ 10.50 in the London area and £ 9.50 in the rest of the United Kingdom)
November 1 st for all full-time, part-time and temporary jobs (including
hired by agencies) and seasonal employees. The new minimum Amazon
salaries over 250,000 employees in the United States and 17,000
employees in the UK, as well as more than 200,000 seasonal employees
were hired this vacation. Following the announcement to increase the
minimum wage at $ 15, Amazon has received a business record of about
850,000 work applications for hourly positions in the United States in October
2018, more than double the previous record for most applications
received in a month. -
Amazon has announced plans to install solar panels for its completion
centers across the UK, with an installed capacity of 20 megawatts –
enough clean energy to power more than 4,500 British homes. Currently, Amazon
hosts solar panels on 43 distribution centers around the world. -
Amazon has continued to invest to help its sales partners increase their
sales in our stores, including the introduction of a USPS Priority Mail Cubic
delivery method for the Fulfilled Prime Seller and satisfied sellers,
which offers a discount option based on volume; launching
a new FedEx One Rate, a weightless transport method that allows
sellers to fulfill Prime orders at the national level; and reduce accomplishment
Amazon storage fees in the United States, the European Union and Japan. -
During the holidays alone, tens of millions of customers
Around the world have started the free trials Prime or paid subscriptions. More
Customers have registered for Prime worldwide in 2018 like never before. -
Small and medium-sized businesses had their best holiday season
in Amazon stores. More than 50% of units sold in Amazon stores
this holiday season came from small and medium businesses.
Third-party sales are growing faster than the first.
Nearly 200,000 small and medium-sized enterprises exceeded $ 100,000 in
sales at Amazon's stores in 2018. -
Amazon has launched Amazon Pop-Up stores for customers in six countries
throughout Europe during the holiday season. For the first time, Amazon
presented a selection of more than 2,000 products and realized
136 events and workshops for clients in Amsterdam, London,
Madrid, Milan, Berlin and Paris. -
This was the biggest holiday shopping season for Amazon devices,
with customers buying millions of additional devices compared to the 2017
holiday shopping season. The all-new Echo Dot was the number one sales
Produced on Amazon globally, from any manufacturer, in any category
this holiday season. -
Amazon introduced new smart home features for Alexa. Customers can now
choose from more than 28,000 smart devices compatible with Alexa offered by
more than 4,500 unique brands, and Alexa Guard helps Echo to invite
customers keep their homes safe with Smart Alerts, Away Lighting,
and voice control of Ring and ADT security systems. -
Ring has enjoyed the best quarter in its history, with millions of devices sold worldwide.
Ring Ring Doorbell 2 was the best-selling Ring product to date
the holiday season and the Ring Stick Up Cam, Ring's first indoor / outdoor disc.
camera, began shipping to customers. -
Key by Amazon introduced customers to new ways to control and monitor
their homes, including the Schlage Wi-Fi Smart Deadbolt Encode for
Key; integration with the Ring application; Garage key, which includes
remote monitoring and garage delivery for eligible Premium members;
and Key for Business, a new B2B pillar of the service. -
The number of devices with Alexa integrated has more than doubled in 2018.
There are now more than 150 different products available with Alexa
integrated, headphones and computers to cars and smart devices.
Device manufacturers have announced more new Alexa products at CES 2019, including
Lenovo Smart Tab and new devices from brands such as First Alert,
Jabra, JBL, Kohler, LG and Razer. -
Amazon launched the Echo and Alexa experiments built from the ground up
for Italy, Spain and Mexico, offering a wide selection of
services, features and skills locally relevant local brands. -
More than a million customers have requested an invitation for Echo Auto,
and more than a dozen partners in the automotive industry have announced their support for Alexa
CES 2019, including device manufacturers such as BOSS Audio, iOttie and
Jensen and software and service providers such as HERE Technologies,
Luxoft, P3, Qualcomm and Telenav. -
Alexa becomes even more intelligent. The Alexa Skills store now offers more
more than 80,000 skills and Alexa customers can now access the
library of 50 million songs on their Echo devices. Alexa also responds
more questions with the help of customers via Alexa Answers; know
more about math and science with the addition of a new acquaintance
resource, Wolfram Alpha; helps customers to do more with
location-based reminders and routines; connects people across the
world with the launch of Skype; and more. -
Amazon has made new scientific breakthroughs with Alexa, including a new
unsupervised self-learning system that detects defects in
understanding and automatically recovers from these errors, helping
Alexa is learning at a faster pace. Amazon has also introduced a new
speech synthesis system using a network of generative neurons and
produces a more natural speech, paving the way for Alexa and others
services to adopt different conversation styles based on different
contexts. -
Amazon introduced new tools for Alexa developers to facilitate the
develop engaging skills, including automatic cloud provisioning
resources through skills hosted by Alexa; new monetization tools,
test and debug; location services to provide customers
real-time answers based on their location; and the ability to
developers to proactively inform customers with fast and important timelines
information. -
Amazon has announced that it will host re: MARS, a new global artificial system
Intelligence (AI) conference on Machine Learning (ML), automation,
Robotics and Space, June 4-7 at ARIA Resort & Casino Las
Vegas. re: MARS will bring together leaders of science, academia,
and companies to explore innovation, scientific breakthroughs and
practical applications of AI and ML. -
IMDb announced the launch of IMDb Freedive, a free streaming video
available on the IMDb website in the United States via a laptop or
personal computer and on all Fire TV devices. IMDb Freedive, a
advertising-funded channel, allows customers to watch also successful TV shows
top Hollywood hits without subscribing. -
Prime Video is now available on Comcast's Xfinity X1 in the United States,
giving Prime members with Xfinity easy access to thousands of
additional premium programming and online movies. In addition, Amazon
launched the NBA League Pbad and the PGA TOUR LIVE on the best video channels.
Prime members can now stream live hundreds of NBA games out of the market
or upon request with an NBA League Pbad subscription for $ 28.99 / month
or $ 169.99 for a season pbad. Senior members in the United States may also
subscribe to the PGA TOUR LIVE to watch the live coverage of 28 PGA TOUR
Tournaments per year for $ 9.99 / month or $ 64.99 per season. -
Amazon Studios » Cold War has been recognized for three Oscars
Nominations – Best Foreign Language Film, Best Director for Pawel
Pawlikowski, and the best cinematography for Lukasz Zal. -
Amazon Studios has been honored with 10 Golden Globe Awards nominations
and two wins: Rachel Brosnahan won Best Actress in a television series
– Comedy or musical comedy for his performance in The wonderful lady
Maisel For the second year in a row, Ben Whishaw won Best
Supporting actor in a series, a limited series or a film made
for television for his role in A very English scandal. -
Prime Video Original Series Inside edge became the first Indian
from a streaming video service
International Emmy Awards. -
Prime Video introduces localized Hindi, Tamil and Telugu
user interfaces in India. Main members can now experience their
favorite titles of blockbusters and the Prime Original series with a Hindi,
Tamil, or Telugu user interface, including search, navigation, navigation,
and customer support. -
Amazon is badociated with ICICI Bank to launch Amazon ICICI Bank
credit card for pre-screened customers in India. This is the first card
in the country to offer members Reward 5% reward points for their
purchases on Amazon.in and loyalty points for all other payments where
The visa is accepted. -
Amazon has announced a new expansion in Brazil, with fast and free access
delivery on hundreds of thousands of items in stock sold and shipped
by Amazon. Customers can now shop in 12 categories, with products
shipped across Brazil from a new Amazon distribution center located in
the Greater São Paulo region, the first distribution center in
South America. With this launch, Amazon.com.br now offers consumers 15
categories with a total selection of more than 20 million products among
Amazon and its business partners. -
Amazon Fashion launched Prime Wardrobe in Japan and the United Kingdom, allowing
Main members order clothes, shoes and accessories and pay only
for what they keep. -
Amazon expanded the free grocery delivery and the Whole Foods pickup
Market via Prime Now, allowing customers to place their order via
the application Prime Now and choose delivery in less than an hour or a kidnapping
in as little as 30 minutes. The delivery of groceries is available in more than
60 metros and collection service in the United States are available in more than 20 United States.
subways with plans for continued expansion. -
FREE Delivery Same Day Bonus and FREE One Day Shipping
this year to more than 10,000 cities and towns in the United States now a
The majority of Premium members in the US have access to a free day
shipping or faster. -
Amazon Air announced an expansion of its partnership with Air
Transport Services Group, Inc. (ATSG) by leasing 10 additional units
planes to support Amazon's growth. The 10 additional cargo planes
composed of Boeing 767-300 devices, will be operated on the Amazon network
by an ATSG airline, and will join the air cargo operation on
the next two years. -
Amazon Air has launched a new bridge operation in Riverside, California, and
announced three more gateway operations that will be launched in
2019: Wilmington, OH; Alliance, TX; and Rockford, IL. Amazon Air
provides bridge operations – on-site airport facilities to be loaded,
unload and sort parcels – in more than 20 airports, taking two days
shipping possible almost anywhere in the United States -
In 2018, the authors earned more than $ 260 million from Kindle Direct
Publishing Select Global Fund, totaling more than $ 840 million since
the launch of Kindle Unlimited. Hundreds of thousands of authors have
self-published millions of books through the PDK since the launch of the
2007. In addition, thousands of independent authors have won
more than $ 50,000, of which over $ 100,000 exceeding $ 100,000.
royalties in 2018 via the KDP. -
Amazon Web Services (AWS) Announced Multiple Enterprise Clients
during the quarter: Ellie Mae, Korean Air, Santander Openbank, and
The Pac-12 are all-in on AWS; Mobileye and Guardian Life Insurance
named AWS its preferred public cloud provider; Amgen will take advantage
AWS as a strategic infrastructure provider for the vast majority of
its cloud infrastructure; and National Australia Bank announced
they chose AWS as a long-term strategic cloud provider. -
AWS continued to expand its infrastructure in 2018 to better serve
customers by launching AWS GovCloud (US-East) and AWS Europe
(Stockholm) and announces projects for AWS Africa
(Cape Town) as well as the AWS Europe (Milan) regions. AWS now
provides 60 Availability Zones across 20 Infrastructure Regions
overall, with 12 other areas of availability and four regions in
Bahrain, Hong Kong SAR, Italy and South Africa are all posted online by
the first half of 2020. -
AWS has added important Amazon SageMaker features, making it easier
allowing customers to create, train and run machine learning models: Amazon
SageMaker Ground Truth produces high quality tagged workout data
with easy access to public and private human labellers, save time and
complexity, and cost savings of up to 70% compared to humans.
annotation; AWS Marketplace for Machine Learning has more than 150
algorithms and models (with more to come every day) that can be
deployed directly to Amazon SageMaker; Amazon SageMaker Neo is a deep
Learning model compiler that allows clients to form models once and run them
anywhere with improvement up to 2x of performance. -
AWS has put learning reinforcement in the hands of all developers for
the first time with the announcement of Amazon SageMaker RL, AWS
DeepRacer and the AWS DeepRacer league. Amazon SageMaker RL is the
first managed cloud-based learning service that allows
developer to build, train and deploy with reinforcement learning
through managed reinforcement learning algorithms; AWS DeepRacer is a
Model of race 1 / 18th autonomous model driving with reinforcement
Learning models, trained with the help of Amazon SageMaker, and designed to
give developers a hands-on experience of machine learning; and the AWS
DeepRacer League is the world's first autonomous racing league in the world,
open to all, allowing developers to put their skills to the test
and race their cars and models against each other for a chance to
price and glory. -
AWS AWS Outposts ad, fully managed and configurable
compute and storage racks that allow customers to perform calculations and
on-premise, while seamlessly connecting to the rest of the AWS solution.
wide range of services in the cloud. AWS outposts come in two
variants; First, a rapidly growing VMware cloud extension on AWS
service that runs on AWS outposts; Second, AWS Native Outposts who
allow customers to run the calculation and on-site storage using the same
Native AWS APIs and control plan used in the AWS cloud. -
With regard to Invent, AWS announced two specially designed database services,
Amazon Timestream, a fast, scalable and fully managed time series
database for IoT, industrial telematics, application monitoring and
DevOps applications and the Amazon Quantum Ledger Database (QLDB), a
highly scalable, immutable and cryptographically verifiable
big Book. AWS also announced Amazon DocumentDB, a fast, scalable, and highly scalable solution
Available and fully managed database service that supports
MongoDB workloads. Developers can use the same MongoDB application
code, drivers and tools as they do today to run, manage and evolve
workloads on Amazon DocumentDB and benefit from improved performance,
scalability and availability without having to worry about management
the underlying infrastructure. -
AWS introduced Amazon Managed Blockchain, a new help service
companies build applications where multiple parties can run
transactions without the need for a central trusted authority. Amazon
The managed Blockchain facilitates the creation and management of scalable solutions.
blockchain networks using the popular and open source Ethereum and
Hyperledger Fabric Structures. With a few clicks in AWS Management
Console, clients can configure a blockchain network that can expand on
Multiple AWS Accounts and Scaling to Support Thousands of Applications
and millions of transactions. -
AWS has announced six new instance offerings for Amazon Elastic Compute
Cloud (Amazon EC2): A1 instances, which are powered by a custom design
AWS Graviton processors, based on the Arm architecture, for scaling up
workloads; GPU instances P3dn, ideal for distributed machines
high performance computing and learning applications, feature 100
gigabits per second (Gbps) of the network bandwidth and offer customers the
The most powerful and powerful machine learning instances in the cloud C5N
instances, which provide a network bandwidth of 100 Gbps, the largest number of
public cloud, for performing advanced computation intensive workloads; as
as well as new general applications (M5 and T3) and optimized for memory (R5)
Instance types with 10% cheaper AMD EPYC processors
than the current instances M5, T3 and R5. Instances based on AMD
provide additional options for customers seeking to reach
cost savings on their Amazon EC2 computing environment for a variety of
workloads, such as microservices, interactive, low latency
applications, small and medium databases, virtual desktops,
development and test environments, code repositories, and business activities
applications. -
AWS announced two custom chips: AWS Inferentia and AWS Graviton. AWS
Inferentia is a high performance machine learning inference chip,
designed by AWS to help customers improve performance and
reduce the cost of running their inference workloads. AWS Inferentia
will provide hundreds of teraflops per chip and thousands of terafops
per Amazon EC2 instance for multiple infrastructures (including TensorFlow,
Apache MXNet and PyTorch) and several types of data (including INT-8
and mixed precision FP-16 and bfloat16). AWS Graviton is a custom
Versatile processor designed using the Arm instruction
together. Offered in the new A1 instance family, AWS Graviton operates
AWS's expertise in building large-scale cloud systems is ideal for
customers with scalable workloads. -
AWS announced four new services providing automation and
normative tips to help customers build faster on AWS: AWS
Control Tower, AWS Security Hub, AWS Lake Training, and AWS Backup.
AWS Control Tower offers customers an automated "landing zone" that
makes it easy to set up their multi-account environment and
continuously govern their AWS workloads with security rules,
operations and compliance; AWS Security Hub is a central place for
manage security and compliance in an AWS environment so that
customers can quickly see their AWS security and compliance status in
a complete view; AWS Lake Training makes it a lot easier for
customers to build a secure data lake by simplifying and automating
many of the complex manual steps usually required, including
collection, cleaning and cataloging of data; and AWS Backup is a
centralized backup service that makes it faster and easier for
customers back up their data on AWS and on-site services,
Helping them more easily meet their business and regulatory needs
compliance requirements. -
AWS continued to expand into the largest and most capable market in the industry.
set of storage offers with the introduction of Amazon FSx
family and additional storage clbades for Amazon Simple Storage
Service (S3). Amazon FSx for Windows File Server and Amazon FSx for
Luster are fully managed file system services generating costs
Efficient and scalable file storage for Windows and IT resource hungry
workloads. Amazon S3 Intelligent-Tiering automatically optimizes
customer storage costs for data with unknown or changing access
models by moving data to the most cost-effective storage level;
Amazon S3 Deep Archive Glacier Offers the Lowest Cost Storage
No matter which cloud provider only has 0,00099 USD per GB per month, making it the perfect choice
for customers who have large data sets that they want to keep for a long time
time, allowing them to eliminate the cost and management of the tape
infrastructure, while ensuring that their data is well preserved for
future use and badysis.
Financial guidance
The following forward-looking statements reflect the behavior of Amazon.com.
January 31, 2019 and are subject to significant expenses.
uncertainty. Our results are inherently unpredictable and can be
significantly affected by many factors, such as fluctuations in
exchange rate, the changing global economic environment and the
spending, world events, the growth rate of the Internet, online
commerce, cloud services, and the various factors detailed below.
Orientation for the first quarter of 2019
-
Net sales are expected to be in the range of $ 56 billion to $ 60 billion, or
to grow between 10% and 18% compared to the first quarter of 2018. This
predictions predict an unfavorable impact of about 210 bases
exchange points. -
Operating profit is expected to be between $ 2.3 billion and $ 3.3 billion.
billions of dollars, compared with $ 1.9 billion in the first quarter of 2018. -
These guidelines badume, among other things, that no additional activity
acquisitions, investments, restructurings or legal regulations are
concluded.
A teleconference will be webcast live today at 2:30 pm PT / 5:30 pm
AND, and will be available for at least three months on amazon.com/ir.
This call will contain forward-looking statements and other documents
information relating to the financial and operating results of the company.
These forward-looking statements are inherently difficult to predict.
Actual results could differ materially for a variety of reasons,
including, in addition to the factors mentioned above, the amount
Amazon.com invests in new business opportunities and the timing of these
investments, the combination of products and services sold to customers, the
net sales from products to services, the magnitude of
nous devons des impôts sur le revenu ou d’autres taxes, la concurrence, la gestion de
croissance, fluctuations potentielles des résultats opérationnels, international
croissance et expansion, le résultat des procédures et réclamations judiciaires,
réalisation, tri, livraison et optimisation du centre de données, risques de
gestion des stocks, la saisonnalité, le degré auquel la société
conclut, maintient et développe des accords commerciaux, des propositions et des
acquisitions et transactions stratégiques réalisées, risques de paiement, et
risques de rendement et de productivité. Autres risques et
Les incertitudes incluent, entre autres, les risques liés aux nouveaux produits,
services et technologies, interruptions de système, réglementation gouvernementale
et la fiscalité et la fraude. En outre, le contexte économique mondial actuel
le climat amplifie nombre de ces risques. Plus d'informations sur les facteurs
qui pourraient potentiellement affecter les résultats financiers d'Amazon.com est inclus
Amazon.com auprès de la Securities and Exchange Commission
(«SEC»), y compris son dernier rapport annuel sur les formulaires 10-K et
dépôts ultérieurs.
Notre site Web consacré aux relations avec les investisseurs est amazon.com/ir et nous encourageons
les investisseurs l’utilisent comme moyen de trouver facilement des informations nous concernant. we
mettre rapidement à disposition gratuitement sur ce site les rapports
que nous déposons ou fournissons à la SEC des informations sur la gouvernance d'entreprise
(y compris notre code de conduite et d’éthique), et sélectionnez presse
communiqués, qui peuvent contenir des informations importantes sur nous, et vous pouvez
inscrivez-vous pour être informé des nouvelles informations publiées sur ce site.
À propos d'Amazon
Amazon est guidé par quatre principes: l’obsession du client plutôt que la
Concentration sur les concurrents, pbadion pour l’invention, engagement en matière d’exploitation
excellence et réflexion à long terme. Avis des clients, 1-Click shopping,
recommandations personnalisées, Prime, Fulfillment by Amazon, AWS, Kindle
Direct Publishing, Kindle, tablettes Fire, Fire TV, Amazon Echo et Alexa
sont quelques-uns des produits et services mis au point par Amazon. Pour plus
informations, visitez amazon.com/about et suivez @AmazonNews.
| AMAZON.COM, INC. | |||||||||||||||||
| États consolidés des flux de trésorerie | |||||||||||||||||
| (en millions) | |||||||||||||||||
|
Trois mois se sont terminés Le 31 décembre, |
Douze mois terminés Le 31 décembre, |
||||||||||||||||
| 2017 | 2018 | 2017 | 2018 | ||||||||||||||
|
(non vérifié) |
|||||||||||||||||
|
TRÉSORERIE, ÉQUIVALENTS DE TRÉSORERIE ET TRÉSORERIE RESTREINTE, DÉBUT DE LA PÉRIODE |
$ |
13 960 |
$ |
21 032 |
$ |
19 934 |
$ |
21 856 |
|||||||||
|
ACTIVITÉS D'EXPLOITATION: |
|||||||||||||||||
|
Revenu net |
1 856 |
3,027 |
3 033 |
10 073 |
|||||||||||||
|
Ajustements pour rapprocher le bénéfice net de la trésorerie nette provenant de l’exploitation |
|||||||||||||||||
|
Amortissement des immobilisations corporelles et autres amortissements, |
3 498 |
4 262 |
11 478 |
15 341 |
|||||||||||||
|
Rémunération à base d'actions |
1 179 |
1 417 |
4 215 |
5 418 |
|||||||||||||
|
Autres charges d'exploitation nettes |
56 |
72 |
202 |
274 |
|||||||||||||
|
Autres charges (produits) nettes |
(5 |
) |
197 |
(292 |
) |
219 |
|||||||||||
|
Impôts différés |
(308 |
) |
173 |
(29 |
) |
441 |
|||||||||||
|
Variations des actifs et pbadifs d’exploitation: |
|||||||||||||||||
|
Inventaires |
(2,255 |
) |
(1 350 |
) |
(3 583 |
) |
(1 314 |
) |
|||||||||
|
Débiteurs, net et autres |
(2 764 |
) |
(1,395 |
) |
(4 780 |
) |
(4 615 |
) |
|||||||||
|
Comptes à payer |
8,904 |
6,882 |
7 100 |
3 263 |
|||||||||||||
|
Charges à payer et autres |
2 061 |
2 665 |
283 |
472 |
|||||||||||||
|
Revenu non gagné |
136 |
528 |
738 |
1 151 |
|||||||||||||
|
Trésorerie nette fournie par (utilisée dans) les activités d’exploitation |
12 358 |
16 478 |
18 365 |
30 723 |
|||||||||||||
|
ACTIVITÉS D'INVESTISSEMENT: |
|||||||||||||||||
|
Achats de biens et d'équipement |
(3 619 |
) |
(3.733 |
) |
(11 955 |
) |
(13 427 |
) |
|||||||||
|
Produit des incitations relatives aux biens et à l'équipement |
583 |
614 |
1 897 |
2 104 |
|||||||||||||
|
Acquisitions, nettes des espèces acquises, et autres |
(81 |
) |
(331 |
) |
(13 972 |
) |
(2.186 |
) |
|||||||||
|
Ventes et échéances de titres négociables |
3 485 |
1 938 |
9 677 |
8 240 |
|||||||||||||
|
Achats de titres négociables |
(2 349 |
) |
(2.060 |
) |
(12 731 |
) |
(7.100 |
) |
|||||||||
|
Trésorerie nette fournie par (utilisée dans) les activités d'investissement |
(1.981 |
) |
(3,572 |
) |
(27 084 |
) |
(12 369 |
) |
|||||||||
|
ACTIVITES DE FINANCEMENT: |
|||||||||||||||||
|
Produit de la dette à long terme et autres |
109 |
406 |
16 228 |
768 |
|||||||||||||
|
Remboursement de la dette à long terme et autres |
(1.142 |
) |
(134 |
) |
(1 301 |
) |
(668 |
) |
|||||||||
|
Remboursement du capital des contrats de location-acquisition |
(1 472 |
) |
(1 906 |
) |
(4 799 |
) |
(7.449 |
) |
|||||||||
|
Remboursements de capital des obligations de location-financement |
(66 |
) |
(126 |
) |
(200 |
) |
(337 |
) |
|||||||||
|
Trésorerie nette fournie par (utilisée dans) les activités de financement |
(2 571 |
) |
(1.760 |
) |
9 928 |
(7 686 |
) |
||||||||||
|
Effet de change sur la trésorerie, les équivalents de trésorerie et les restrictions |
90 |
(5 |
) |
713 |
(351 |
) |
|||||||||||
|
Augmentation (diminution) nette de la trésorerie, des équivalents de trésorerie et des restrictions |
7 896 |
11 141 |
1 922 |
10 317 |
|||||||||||||
|
TRÉSORERIE, ÉQUIVALENTS DE TRÉSORERIE ET TRÉSORERIE RESTREINTE, FIN DE LA PÉRIODE |
$ |
21 856 |
$ |
32 173 |
$ |
21 856 |
$ |
32 173 |
|||||||||
|
INFORMATIONS SUPPLÉMENTAIRES SUR LES FLUX DE TRÉSORERIE: |
|||||||||||||||||
|
Trésorerie versée pour les intérêts sur la dette à long terme |
$ |
174 |
$ |
121 |
$ |
328 |
$ |
854 |
|||||||||
|
Trésorerie versée au titre des intérêts sur les obligations de location-acquisition et de location-financement |
84 |
156 |
319 |
575 |
|||||||||||||
|
Espèces versées pour l’impôt sur le revenu, déduction faite des remboursements |
92 |
171 |
957 |
1 184 |
|||||||||||||
|
Immobilisations corporelles acquises en vertu de contrats de location-acquisition |
2 770 |
3 680 |
9 637 |
10 615 |
|||||||||||||
|
Immobilisations corporelles acquises en vertu de contrats de location sur mesure |
843 |
1 143 |
3 541 |
3 641 |
|||||||||||||
|
______________________________ |
|
À la suite de l’adoption de nouvelles directives comptables, nous avons |
| AMAZON.COM, INC. | |||||||||||||||||
| États consolidés des résultats | |||||||||||||||||
| (en millions, sauf les données par action) | |||||||||||||||||
|
Trois mois se sont terminés Le 31 décembre, |
Douze mois terminés Le 31 décembre, |
||||||||||||||||
| 2017 | 2018 | 2017 | 2018 | ||||||||||||||
|
(non vérifié) |
|||||||||||||||||
|
Ventes nettes de produits |
$ |
41 325 |
$ |
44 700 |
$ |
118 573 |
$ |
141 915 |
|||||||||
|
Ventes nettes de services |
19 128 |
27 683 |
59 293 |
90 972 |
|||||||||||||
|
Total des ventes nettes |
60 453 |
72,383 |
177 866 |
232 887 |
|||||||||||||
|
Dépenses d'exploitation: |
|||||||||||||||||
|
Cost of sales |
38,494 |
44,786 |
111,934 |
139,156 |
|||||||||||||
|
Fulfillment |
8,974 |
10,028 |
25,249 |
34,027 |
|||||||||||||
|
Marketing |
3,440 |
4,911 |
10,069 |
13,814 |
|||||||||||||
|
Technology and content |
6,314 |
7,669 |
22,620 |
28,837 |
|||||||||||||
|
General and administrative |
1,044 |
1,117 |
3,674 |
4,336 |
|||||||||||||
|
Other operating expense, net |
60 |
86 |
214 |
296 |
|||||||||||||
|
Total operating expenses |
58,326 |
68,597 |
173,760 |
220,466 |
|||||||||||||
|
Produit d'exploitation |
2,127 |
3,786 |
4,106 |
12,421 |
|||||||||||||
|
Interest income |
66 |
150 |
202 |
440 |
|||||||||||||
|
Interest expense |
(339 |
) |
(387 |
) |
(848 |
) |
(1,417 |
) |
|||||||||
|
Other income (expense), net |
18 |
(199 |
) |
346 |
(183 |
) |
|||||||||||
|
Total non-operating income (expense) |
(255 |
) |
(436 |
) |
(300 |
) |
(1,160 |
) |
|||||||||
|
Income before income taxes |
1,872 |
3,350 |
3,806 |
11,261 |
|||||||||||||
|
Provision for income taxes |
(16 |
) |
(327 |
) |
(769 |
) |
(1,197 |
) |
|||||||||
|
Equity-method investment activity, net of tax |
– |
4 |
(4 |
) |
9 |
||||||||||||
|
Net income |
$ |
1,856 |
$ |
3,027 |
$ |
3,033 |
$ |
10,073 |
|||||||||
|
Basic earnings per share |
$ |
3.85 |
$ |
6.18 |
$ |
6.32 |
$ |
20.68 |
|||||||||
|
Diluted earnings per share |
$ |
3.75 |
$ |
6.04 |
$ |
6.15 |
$ |
20.14 |
|||||||||
|
Weighted-average shares used in computation of earnings per share: |
|||||||||||||||||
|
Basic |
483 |
490 |
480 |
487 |
|||||||||||||
|
Diluted |
496 |
501 |
493 |
500 |
|||||||||||||
| AMAZON.COM, INC. | |||||||||||||||||
| Consolidated Statements of Comprehensive Income | |||||||||||||||||
| (in millions) | |||||||||||||||||
|
Three Months Ended December 31, |
Twelve Months Ended December 31, |
||||||||||||||||
| 2017 | 2018 | 2017 | 2018 | ||||||||||||||
|
(unaudited) |
|||||||||||||||||
|
Net income |
$ |
1,856 |
$ |
3,027 |
$ |
3,033 |
$ |
10,073 |
|||||||||
|
Other comprehensive income (loss): |
|||||||||||||||||
|
Foreign currency translation adjustments, net of tax of $10, $(13), |
47 |
(25 |
) |
533 |
(538 |
) |
|||||||||||
|
Net change in unrealized gains (losses) on available-for-sale debt |
|||||||||||||||||
|
Unrealized gains (losses), net of tax of $4, $0, $5, and $0 |
(29 |
) |
5 |
(39 |
) |
(17 |
) |
||||||||||
|
Reclbadification adjustment for losses (gains) included in “Other |
(1 |
) |
2 |
7 |
8 |
||||||||||||
|
Net unrealized gains (losses) on available-for-sale debt securities |
(30 |
) |
7 |
(32 |
) |
(9 |
) |
||||||||||
|
Total other comprehensive income (loss) |
17 |
(18 |
) |
501 |
(547 |
) |
|||||||||||
|
Comprehensive income |
$ |
1,873 |
$ |
3,009 |
$ |
3,534 |
$ |
9,526 |
|||||||||
| AMAZON.COM, INC. | |||||||||||||||||
|
Segment Information |
|||||||||||||||||
| (in millions) | |||||||||||||||||
|
Three Months Ended December 31, |
Twelve Months Ended December 31, |
||||||||||||||||
| 2017 | 2018 | 2017 | 2018 | ||||||||||||||
|
(unaudited) |
|||||||||||||||||
| Amérique du Nord | |||||||||||||||||
|
Net sales |
$ |
37,302 |
$ |
44,124 |
$ |
106,110 |
$ |
141,366 |
|||||||||
|
Operating expenses |
35,610 |
41,873 |
103,273 |
134,099 |
|||||||||||||
|
Produit d'exploitation |
$ |
1,692 |
$ |
2,251 |
$ |
2,837 |
$ |
7,267 |
|||||||||
| International | |||||||||||||||||
|
Net sales |
$ |
18,038 |
$ |
20,829 |
$ |
54,297 |
$ |
65,866 |
|||||||||
|
Operating expenses |
18,957 |
21,471 |
57,359 |
68,008 |
|||||||||||||
|
Operating income (loss) |
$ |
(919 |
) |
$ |
(642 |
) |
$ |
(3,062 |
) |
$ |
(2,142 |
) |
|||||
| AWS | |||||||||||||||||
|
Net sales |
$ |
5,113 |
$ |
7,430 |
$ |
17,459 |
$ |
25,655 |
|||||||||
|
Operating expenses |
3,759 |
5,253 |
13,128 |
18,359 |
|||||||||||||
|
Produit d'exploitation |
$ |
1,354 |
$ |
2,177 |
$ |
4,331 |
$ |
7,296 |
|||||||||
| Consolidated | |||||||||||||||||
|
Net sales |
$ |
60,453 |
$ |
72,383 |
$ |
177,866 |
$ |
232,887 |
|||||||||
|
Operating expenses |
58,326 |
68,597 |
173,760 |
220,466 |
|||||||||||||
|
Produit d'exploitation |
2,127 |
3,786 |
4,106 |
12,421 |
|||||||||||||
|
Total non-operating income (expense) |
(255 |
) |
(436 |
) |
(300 |
) |
(1,160 |
) |
|||||||||
|
Provision for income taxes |
(16 |
) |
(327 |
) |
(769 |
) |
(1,197 |
) |
|||||||||
|
Equity-method investment activity, net of tax |
– |
4 |
(4 |
) |
9 |
||||||||||||
|
Net income |
$ |
1,856 |
$ |
3,027 |
$ |
3,033 |
$ |
10,073 |
|||||||||
| Segment Highlights: | |||||||||||||||||
|
Y/Y net sales growth: |
|||||||||||||||||
|
Amérique du Nord |
42 |
% |
18 |
% |
33 |
% |
33 |
% |
|||||||||
|
International |
29 |
15 |
23 |
21 |
|||||||||||||
|
AWS |
45 |
45 |
43 |
47 |
|||||||||||||
|
Consolidated |
38 |
20 |
31 |
31 |
|||||||||||||
|
Net sales mix: |
|||||||||||||||||
|
Amérique du Nord |
62 |
% |
61 |
% |
60 |
% |
61 |
% |
|||||||||
|
International |
30 |
29 |
30 |
28 |
|||||||||||||
|
AWS |
8 |
ten |
ten |
11 |
|||||||||||||
|
Consolidated |
100 |
% |
100 |
% |
100 |
% |
100 |
% |
|||||||||
| AMAZON.COM, INC. | |||||||||
|
Consolidated Balance Sheets |
|||||||||
| (in millions, except per share data) | |||||||||
| December 31, 2017 | December 31, 2018 | ||||||||
|
ASSETS |
|||||||||
|
Current badets: |
|||||||||
|
Cash and cash equivalents |
$ |
20,522 |
$ |
31,750 |
|||||
|
Marketable securities |
10,464 |
9,500 |
|||||||
|
Inventories |
16,047 |
17,174 |
|||||||
|
Accounts receivable, net and other |
13,164 |
16,677 |
|||||||
|
Total current badets |
60,197 |
75,101 |
|||||||
|
Property and equipment, net |
48,866 |
61,797 |
|||||||
|
Goodwill |
13,350 |
14,548 |
|||||||
|
Other badets |
8,897 |
11,202 |
|||||||
|
Total badets |
$ |
131,310 |
$ |
162,648 |
|||||
|
LIABILITIES AND STOCKHOLDERS’ EQUITY |
|||||||||
|
Current liabilities: |
|||||||||
|
Accounts payable |
$ |
34,616 |
$ |
38,192 |
|||||
|
Accrued expenses and other |
18,170 |
23,663 |
|||||||
|
Unearned revenue |
5,097 |
6,536 |
|||||||
|
Total current liabilities |
57,883 |
68,391 |
|||||||
|
Long-term debt |
24,743 |
23,495 |
|||||||
|
Other long-term liabilities |
20,975 |
27,213 |
|||||||
|
Commitments and contingencies |
|||||||||
|
Stockholders’ equity: |
|||||||||
|
Preferred stock, $0.01 par value: |
|||||||||
|
Authorized shares — 500 |
|||||||||
|
Issued and outstanding shares — none |
– |
– |
|||||||
|
Common stock, $0.01 par value: |
|||||||||
|
Authorized shares — 5,000 |
|||||||||
|
Issued shares — 507 and 514 |
|||||||||
|
Outstanding shares — 484 and 491 |
5 |
5 |
|||||||
|
Treasury stock, at cost |
(1,837 |
) |
(1,837 |
) |
|||||
|
Additional paid-in capital |
21,389 |
26,791 |
|||||||
|
Accumulated other comprehensive loss |
(484 |
) |
(1,035 |
) |
|||||
|
Retained earnings |
8,636 |
19,625 |
|||||||
|
Total stockholders’ equity |
27,709 |
43,549 |
|||||||
|
Total liabilities and stockholders’ equity |
$ |
131,310 |
$ |
162,648 |
|||||
| AMAZON.COM, INC. | |||||||||||||||||||||||||||
| Supplemental Financial Information and Business Metrics | |||||||||||||||||||||||||||
| (in millions, except per share data) | |||||||||||||||||||||||||||
| (unaudited) | |||||||||||||||||||||||||||
| Q3 2017 | Q4 2017 | Q1 2018 | Q2 2018 | Q3 2018 | Q4 2018 |
Y/Y % |
|||||||||||||||||||||
| Cash Flows and Shares | |||||||||||||||||||||||||||
|
Operating cash flow — trailing twelve months (TTM) (1) |
$ |
16,996 |
$ |
18,365 |
$ |
18,194 |
$ |
21,793 |
$ |
26,604 |
$ |
30,723 |
67 |
% |
|||||||||||||
|
Operating cash flow — TTM Y/Y growth |
13 |
% |
7 |
% |
4 |
% |
22 |
% |
57 |
% |
67 |
% |
N/A |
||||||||||||||
|
Purchases of property and equipment, net of proceeds from property |
$ |
9,027 |
$ |
10,058 |
$ |
10,924 |
$ |
11,372 |
$ |
11,239 |
$ |
11,323 |
13 |
% |
|||||||||||||
|
Principal repayments of capital lease obligations — TTM |
$ |
4,331 |
$ |
4,799 |
$ |
5,981 |
$ |
6,037 |
$ |
7,016 |
$ |
7,449 |
55 |
% |
|||||||||||||
|
Principal repayments of finance lease obligations — TTM |
$ |
175 |
$ |
200 |
$ |
235 |
$ |
244 |
$ |
277 |
$ |
337 |
69 |
% |
|||||||||||||
|
Property and equipment acquired under capital leases — TTM |
$ |
8,905 |
$ |
9,637 |
$ |
10,020 |
$ |
9,631 |
$ |
9,704 |
$ |
10,615 |
ten |
% |
|||||||||||||
|
Free cash flow — TTM (1) (2) |
$ |
7,969 |
$ |
8,307 |
$ |
7,270 |
$ |
10,421 |
$ |
15,365 |
$ |
19,400 |
134 |
% |
|||||||||||||
|
Free cash flow less lease principal repayments — TTM (1) (3) |
$ |
3,463 |
$ |
3,308 |
$ |
1,054 |
$ |
4,140 |
$ |
8,072 |
$ |
11,614 |
251 |
% |
|||||||||||||
|
Free cash flow less finance lease principal repayments and badets |
$ |
(1,111 |
) |
$ |
(1,530 |
) |
$ |
(2,985 |
) |
$ |
546 |
$ |
5,384 |
$ |
8,448 |
N/A |
|||||||||||
|
Invested capital (5) |
$ |
52,690 |
$ |
60,368 |
$ |
68,377 |
$ |
76,600 |
$ |
85,059 |
$ |
90,849 |
50 |
% |
|||||||||||||
|
Common shares and stock-based awards outstanding |
503 |
504 |
504 |
506 |
507 |
507 |
1 |
% |
|||||||||||||||||||
|
Common shares outstanding |
482 |
484 |
485 |
487 |
489 |
491 |
1 |
% |
|||||||||||||||||||
|
Stock-based awards outstanding |
21 |
20 |
19 |
19 |
18 |
16 |
(21 |
)% |
|||||||||||||||||||
|
Stock-based awards outstanding — % of common shares outstanding |
4.4 |
% |
4.2 |
% |
3.9 |
% |
3.9 |
% |
3.7 |
% |
3.2 |
% |
N/A |
||||||||||||||
| Results of Operations | |||||||||||||||||||||||||||
|
Worldwide (WW) net sales |
$ |
43,744 |
$ |
60,453 |
$ |
51,042 |
$ |
52,886 |
$ |
56,576 |
$ |
72,383 |
20 |
% |
|||||||||||||
|
WW net sales — Y/Y growth, excluding F/X |
33 |
% |
36 |
% |
39 |
% |
37 |
% |
30 |
% |
21 |
% |
N/A |
||||||||||||||
|
WW net sales — TTM |
$ |
161,154 |
$ |
177,866 |
$ |
193,194 |
$ |
208,125 |
$ |
220,958 |
$ |
232,887 |
31 |
% |
|||||||||||||
|
WW net sales — TTM Y/Y growth, excluding F/X |
27 |
% |
31 |
% |
34 |
% |
36 |
% |
35 |
% |
30 |
% |
N/A |
||||||||||||||
|
Produit d'exploitation |
$ |
347 |
$ |
2,127 |
$ |
1,927 |
$ |
2,983 |
$ |
3,724 |
$ |
3,786 |
78 |
% |
|||||||||||||
|
F/X impact — favorable (unfavorable) |
$ |
(39 |
) |
$ |
(33 |
) |
$ |
(29 |
) |
$ |
42 |
$ |
90 |
$ |
123 |
N/A |
|||||||||||
|
Operating income — Y/Y growth (decline), excluding F/X |
(33 |
)% |
72 |
% |
95 |
% |
369 |
% |
948 |
% |
72 |
% |
N/A |
||||||||||||||
|
Operating margin — % of WW net sales |
0.8 |
% |
3.5 |
% |
3.8 |
% |
5.6 |
% |
6.6 |
% |
5.2 |
% |
N/A |
||||||||||||||
|
Operating income — TTM |
$ |
3,234 |
$ |
4,106 |
$ |
5,028 |
$ |
7,384 |
$ |
10,762 |
$ |
12,421 |
203 |
% |
|||||||||||||
|
Operating income — TTM Y/Y growth (decline), excluding F/X |
(17 |
)% |
1 |
% |
25 |
% |
115 |
% |
231 |
% |
197 |
% |
N/A |
||||||||||||||
|
Operating margin — TTM % of WW net sales |
2.0 |
% |
2.3 |
% |
2.6 |
% |
3.5 |
% |
4.9 |
% |
5.3 |
% |
N/A |
||||||||||||||
|
Net income |
$ |
256 |
$ |
1,856 |
$ |
1,629 |
$ |
2,534 |
$ |
2,883 |
$ |
3,027 |
63 |
% |
|||||||||||||
|
Net income per diluted share |
$ |
0.52 |
$ |
3.75 |
$ |
3.27 |
$ |
5.07 |
$ |
5.75 |
$ |
6.04 |
61 |
% |
|||||||||||||
|
Net income — TTM |
$ |
1,926 |
$ |
3,033 |
$ |
3,938 |
$ |
6,275 |
$ |
8,902 |
$ |
10,073 |
232 |
% |
|||||||||||||
|
Net income per diluted share — TTM |
$ |
3.94 |
$ |
6.15 |
$ |
7.90 |
$ |
12.63 |
$ |
17.85 |
$ |
20.14 |
228 |
% |
|||||||||||||
|
______________________________ |
|||
|
(1) |
As a result of the adoption of new accounting guidance, we |
||
|
(2) |
Free cash flow is cash flow from operations reduced by “Purchases of |
||
|
(3) |
Free cash flow less lease principal repayments is free cash flow |
||
|
(4) |
Free cash flow less finance lease principal repayments and badets |
||
|
(5) |
Average Total Assets minus Current Liabilities (excluding current |
||
| AMAZON.COM, INC. | |||||||||||||||||||||||||||
| Supplemental Financial Information and Business Metrics | |||||||||||||||||||||||||||
| (in millions) | |||||||||||||||||||||||||||
| (unaudited) | |||||||||||||||||||||||||||
| Q3 2017 | Q4 2017 | Q1 2018 | Q2 2018 | Q3 2018 | Q4 2018 |
Y/Y % |
|||||||||||||||||||||
| Segments | |||||||||||||||||||||||||||
|
North America Segment: |
|||||||||||||||||||||||||||
|
Net sales |
$ |
25,446 |
$ |
37,302 |
$ |
30,725 |
$ |
32,169 |
$ |
34,348 |
$ |
44,124 |
18 |
% |
|||||||||||||
|
Net sales — Y/Y growth, excluding F/X |
35 |
% |
42 |
% |
46 |
% |
44 |
% |
35 |
% |
18 |
% |
N/A |
||||||||||||||
|
Net sales — TTM |
$ |
95,048 |
$ |
106,110 |
$ |
115,843 |
$ |
125,642 |
$ |
134,545 |
$ |
141,366 |
33 |
% |
|||||||||||||
|
Produit d'exploitation |
$ |
112 |
$ |
1,692 |
$ |
1,149 |
$ |
1,835 |
$ |
2,032 |
$ |
2,251 |
33 |
% |
|||||||||||||
|
F/X impact — favorable (unfavorable) |
$ |
(12 |
) |
$ |
(8 |
) |
$ |
(10 |
) |
$ |
1 |
$ |
9 |
$ |
17 |
N/A |
|||||||||||
|
Operating income — Y/Y growth (decline), excluding F/X |
(51 |
)% |
108 |
% |
95 |
% |
321 |
% |
N/A |
32 |
% |
N/A |
|||||||||||||||
|
Operating margin — % of North America net sales |
0.4 |
% |
4.5 |
% |
3.7 |
% |
5.7 |
% |
5.9 |
% |
5.1 |
% |
N/A |
||||||||||||||
|
Operating income — TTM |
$ |
1,960 |
$ |
2,837 |
$ |
3,390 |
$ |
4,788 |
$ |
6,708 |
$ |
7,267 |
156 |
% |
|||||||||||||
|
Operating margin — TTM % of North America net sales |
2.1 |
% |
2.7 |
% |
2.9 |
% |
3.8 |
% |
5.0 |
% |
5.1 |
% |
N/A |
||||||||||||||
|
International Segment: |
|||||||||||||||||||||||||||
|
Net sales |
$ |
13,714 |
$ |
18,038 |
$ |
14,875 |
$ |
14,612 |
$ |
15,549 |
$ |
20,829 |
15 |
% |
|||||||||||||
|
Net sales — Y/Y growth, excluding F/X |
28 |
% |
22 |
% |
21 |
% |
21 |
% |
15 |
% |
19 |
% |
N/A |
||||||||||||||
|
Net sales — TTM |
$ |
50,224 |
$ |
54,297 |
$ |
58,111 |
$ |
61,239 |
$ |
63,074 |
$ |
65,866 |
21 |
% |
|||||||||||||
|
Operating income (loss) |
$ |
(936 |
) |
$ |
(919 |
) |
$ |
(622 |
) |
$ |
(494 |
) |
$ |
(385 |
) |
$ |
(642 |
) |
(30 |
)% |
|||||||
|
F/X impact — favorable (unfavorable) |
$ |
(13 |
) |
$ |
20 |
$ |
70 |
$ |
86 |
$ |
47 |
$ |
55 |
N/A |
|||||||||||||
|
Operating income/loss — Y/Y growth (decline), excluding F/X |
71 |
% |
93 |
% |
44 |
% |
(20 |
)% |
(54 |
)% |
(24 |
)% |
N/A |
||||||||||||||
|
Operating margin — % of International net sales |
(6.8 |
)% |
(5.1 |
)% |
(4.2 |
)% |
(3.4 |
)% |
(2.5 |
)% |
(3.1 |
)% |
N/A |
||||||||||||||
|
Operating income (loss) — TTM |
$ |
(2,629 |
) |
$ |
(3,062 |
) |
$ |
(3,202 |
) |
$ |
(2,971 |
) |
$ |
(2,420 |
) |
$ |
(2,142 |
) |
(30 |
)% |
|||||||
|
Operating margin — TTM % of International net sales |
(5.2 |
)% |
(5.6 |
)% |
(5.5 |
)% |
(4.9 |
)% |
(3.8 |
)% |
(3.3 |
)% |
N/A |
||||||||||||||
|
AWS Segment: |
|||||||||||||||||||||||||||
|
Net sales |
$ |
4,584 |
$ |
5,113 |
$ |
5,442 |
$ |
6,105 |
$ |
6,679 |
$ |
7,430 |
45 |
% |
|||||||||||||
|
Net sales — Y/Y growth, excluding F/X |
42 |
% |
44 |
% |
48 |
% |
49 |
% |
46 |
% |
46 |
% |
N/A |
||||||||||||||
|
Net sales — TTM |
$ |
15,882 |
$ |
17,459 |
$ |
19,240 |
$ |
21,244 |
$ |
23,339 |
$ |
25,655 |
47 |
% |
|||||||||||||
|
Produit d'exploitation |
$ |
1,171 |
$ |
1,354 |
$ |
1,400 |
$ |
1,642 |
$ |
2,077 |
$ |
2,177 |
61 |
% |
|||||||||||||
|
F/X impact — favorable (unfavorable) |
$ |
(14 |
) |
$ |
(45 |
) |
$ |
(89 |
) |
$ |
(45 |
) |
$ |
34 |
$ |
51 |
N/A |
||||||||||
|
Operating income — Y/Y growth, excluding F/X |
38 |
% |
51 |
% |
67 |
% |
84 |
% |
75 |
% |
57 |
% |
N/A |
||||||||||||||
|
Operating margin — % of AWS net sales |
25.5 |
% |
26.5 |
% |
25.7 |
% |
26.9 |
% |
31.1 |
% |
29.3 |
% |
N/A |
||||||||||||||
|
Operating income — TTM |
$ |
3,903 |
$ |
4,331 |
$ |
4,840 |
$ |
5,567 |
$ |
6,473 |
$ |
7,296 |
68 |
% |
|||||||||||||
|
Operating margin — TTM % of AWS net sales |
24.6 |
% |
24.8 |
% |
25.2 |
% |
26.2 |
% |
27.7 |
% |
28.4 |
% |
N/A |
||||||||||||||
| AMAZON.COM, INC. | |||||||||||||||||||||||||||
| Supplemental Financial Information and Business Metrics | |||||||||||||||||||||||||||
| (in millions, except employee data) | |||||||||||||||||||||||||||
| (unaudited) | |||||||||||||||||||||||||||
| Q3 2017 | Q4 2017 | Q1 2018 | Q2 2018 | Q3 2018 | Q4 2018 |
Y/Y % |
|||||||||||||||||||||
| Net Sales: | |||||||||||||||||||||||||||
|
Online stores (1) |
$ |
26,392 |
$ |
35,383 |
$ |
26,939 |
$ |
27,165 |
$ |
29,061 |
$ |
39,822 |
13 |
% |
|||||||||||||
|
Online stores – Y/Y growth, excluding F/X |
22 |
% |
17 |
% |
13 |
% |
12 |
% |
11 |
% |
14 |
% |
N/A |
||||||||||||||
|
Physical stores (2) |
$ |
1,276 |
$ |
4,522 |
$ |
4,263 |
$ |
4,312 |
$ |
4,248 |
$ |
4,401 |
(3 |
)% |
|||||||||||||
|
Physical Stores – Y/Y growth, excluding F/X |
N/A |
N/A |
N/A |
N/A |
N/A |
(3 |
)% |
N/A |
|||||||||||||||||||
|
Third-party seller services (3) |
$ |
7,928 |
$ |
10,523 |
$ |
9,265 |
$ |
9,702 |
$ |
10,395 |
$ |
13,383 |
27 |
% |
|||||||||||||
|
Third-party seller services – Y/Y growth, excluding F/X |
40 |
% |
38 |
% |
39 |
% |
36 |
% |
32 |
% |
28 |
% |
N/A |
||||||||||||||
|
Subscription services (4) |
$ |
2,441 |
$ |
3,177 |
$ |
3,102 |
$ |
3,408 |
$ |
3,698 |
$ |
3,959 |
25 |
% |
|||||||||||||
|
Subscription services – Y/Y growth, excluding F/X |
59 |
% |
47 |
% |
56 |
% |
55 |
% |
52 |
% |
26 |
% |
N/A |
||||||||||||||
|
AWS |
$ |
4,584 |
$ |
5,113 |
$ |
5,442 |
$ |
6,105 |
$ |
6,679 |
$ |
7,430 |
45 |
% |
|||||||||||||
|
AWS – Y/Y growth, excluding F/X |
42 |
% |
44 |
% |
48 |
% |
49 |
% |
46 |
% |
46 |
% |
N/A |
||||||||||||||
|
Other (5) |
$ |
1,123 |
$ |
1,735 |
$ |
2,031 |
$ |
2,194 |
$ |
2,495 |
$ |
3,388 |
95 |
% |
|||||||||||||
|
Other – Y/Y growth, excluding F/X |
58 |
% |
60 |
% |
132 |
% |
129 |
% |
123 |
% |
97 |
% |
N/A |
||||||||||||||
|
Stock-based Compensation Expense |
|||||||||||||||||||||||||||
|
Cost of sales |
$ |
13 |
$ |
14 |
$ |
15 |
$ |
19 |
$ |
19 |
$ |
21 |
54 |
% |
|||||||||||||
|
Fulfillment |
$ |
230 |
$ |
256 |
$ |
244 |
$ |
320 |
$ |
269 |
$ |
287 |
12 |
% |
|||||||||||||
|
Marketing |
$ |
135 |
$ |
148 |
$ |
161 |
$ |
190 |
$ |
201 |
$ |
217 |
46 |
% |
|||||||||||||
|
Technology and content |
$ |
595 |
$ |
637 |
$ |
631 |
$ |
788 |
$ |
719 |
$ |
750 |
18 |
% |
|||||||||||||
|
General and administrative |
$ |
112 |
$ |
124 |
$ |
132 |
$ |
151 |
$ |
142 |
$ |
142 |
14 |
% |
|||||||||||||
|
Total stock-based compensation expense |
$ |
1,085 |
$ |
1,179 |
$ |
1,183 |
$ |
1,468 |
$ |
1,350 |
$ |
1,417 |
20 |
% |
|||||||||||||
| Other | |||||||||||||||||||||||||||
|
WW shipping costs |
$ |
5,401 |
$ |
7,368 |
$ |
6,069 |
$ |
5,990 |
$ |
6,568 |
$ |
9,041 |
23 |
% |
|||||||||||||
|
WW shipping costs — Y/Y growth |
39 |
% |
31 |
% |
38 |
% |
31 |
% |
22 |
% |
23 |
% |
N/A |
||||||||||||||
|
WW paid units — Y/Y growth (6) |
25 |
% |
23 |
% |
22 |
% |
17 |
% |
15 |
% |
14 |
% |
N/A |
||||||||||||||
|
WW seller unit mix — % of WW paid units (6) |
50 |
% |
51 |
% |
52 |
% |
53 |
% |
53 |
% |
52 |
% |
N/A |
||||||||||||||
|
Employees (full-time and part-time; excludes contractors & temporary |
541,900 |
566,000 |
563,100 |
575,700 |
613,300 |
647,500 |
14 |
% |
|||||||||||||||||||
|
Employees (full-time and part-time; excludes contractors & temporary |
77 |
% |
66 |
% |
60 |
% |
51 |
% |
13 |
% |
14 |
% |
N/A |
||||||||||||||
|
________________________ |
|||
|
(1) |
Includes product sales and digital media content where we record |
||
|
(2) |
Includes product sales where our customers physically select items |
||
|
(3) |
Includes commissions and any related fulfillment and shipping fees, |
||
|
(4) |
Includes annual and monthly fees badociated with Amazon Prime |
||
|
(5) |
Primarily includes sales of advertising services, as well as sales |
||
|
(6) |
Excludes the impact of Whole Foods Market. |
||
Amazon.com, Inc.
Certain Definitions
Customer Accounts
-
References to customers mean customer accounts, which are unique
e-mail addresses, established either when a customer places an order
or when a customer orders from other sellers on our websites. Client
accounts exclude certain customers, including customers badociated
with certain of our acquisitions, Amazon Payments customers, AWS
customers, and the customers of select companies with whom we have a
technology alliance or marketing and promotional relationship.
Customers are considered active when they have placed an order during
the preceding twelve-month period.
Seller Accounts
-
References to sellers means seller accounts, which are established
when a seller receives an order from a customer account. Sellers are
considered active when they have received an order from a customer
during the preceding twelve-month period.
AWS Customers
-
References to AWS customers mean unique AWS customer accounts, which
are unique customer account IDs that are eligible to use AWS services.
This includes AWS accounts in the AWS free tier. Multiple users
accessing AWS services via one account ID are counted as a single
account. Customers are considered active when they have had AWS usage
activity during the preceding one-month period.
Units
-
References to units mean physical and digital units sold (net of
returns and cancellations) by us and sellers at Amazon domains
worldwide as well as Amazon-owned items sold through non-Amazon
domains. Units sold are paid units and do not include units badociated
with AWS, certain acquisitions, rental businesses, or advertising
businesses, or Amazon gift cards.
Source link
