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Amazon Com Inc (AMZN) SEC Filing 10-K Annual report for the fiscal year ending Monday, December 31, 2018

Amazon Com Inc

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CIK: 1018724 Ticker: AMZN


Exhibit 99.1
 amazonlogorgba03.jpg
AMAZON.COM ANNOUNCES FOURTH QUARTER SALES UP 20% TO $72.4 BILLION
SEATTLE—(BUSINESS WIRE) January 31, 2019—Amazon.com, Inc. (NASDAQ: AMZN) today announced financial results for its fourth quarter ended December 31, 2018.
Operating cash flow increased 67% to $30.7 billion for the trailing twelve months, compared with $18.4 billion for the trailing twelve months ended December 31, 2017. Free cash flow increased to $19.4 billion for the trailing twelve months, compared with $8.3 billion for the trailing twelve months ended December 31, 2017. Free cash flow less lease principal repayments increased to $11.6 billion for the trailing twelve months, compared with $3.3 billion for the trailing twelve months ended December 31, 2017. Free cash flow less finance lease principal repayments and assets acquired under capital leases increased to an inflow of $8.4 billion for the trailing twelve months, compared with an outflow of $1.5 billion for the trailing twelve months ended December 31, 2017.
Common shares outstanding plus shares underlying stock-based awards totaled 507 million on December 31, 2018, compared with 504 million one year ago.
Fourth Quarter 2018
Net sales increased 20% to $72.4 billion in the fourth quarter, compared with $60.5 billion in fourth quarter 2017. Excluding the $801 million unfavorable impact from year-over-year changes in foreign exchange rates throughout the quarter, net sales increased 21% compared with fourth quarter 2017.
Operating income increased to $3.8 billion in the fourth quarter, compared with operating income of $2.1 billion in fourth quarter 2017.
Net income increased to $3.0 billion in the fourth quarter, or $6.04 per diluted share, compared with net income of $1.9 billion, or $3.75 per diluted share, in fourth quarter 2017. The fourth quarter 2017 included a provisional tax benefit for the impact of the U.S. Tax Cuts and Jobs Act of 2017 of approximately $789 million.
Full Year 2018
Net sales increased 31% to $232.9 billion, compared with $177.9 billion in 2017. Excluding the $1.3 billion favorable impact from year-over-year changes in foreign exchange rates throughout the year, net sales increased 30% compared with 2017.
Operating income increased to $12.4 billion, compared with operating income of $4.1 billion in 2017.
Net income increased to $10.1 billion, or $20.14 per diluted share, compared with net income of $3.0 billion, or $6.15 per diluted share, in 2017.
“Alexa was very busy during her holiday season. Echo Dot was the best-selling item across all products on Amazon globally, and customers purchased millions more devices from the Echo family compared to last year,” said Jeff Bezos, Amazon founder and CEO. “The number of research scientists working on Alexa has more than doubled in the past year, and the results of the team’s hard work are clear. In 2018, we improved Alexa’s ability to understand requests and answer questions by more than 20% through advances in machine learning, we added billions of facts making Alexa more knowledgeable than ever, developers doubled the number of Alexa skills to over 80,000, and customers spoke to Alexa tens of billions more times in 2018 compared to 2017. We’re energized by and grateful for the response, and you can count on us to keep working hard to bring even more invention to customers.”
Highlights
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For the second year in a row, Amazon was ranked the company Americans love most on Morning Consult’s Brands that Defined 2018, and it was named America’s Most JUST Company in Retail on JUST Capital’s Just 100 list. The

The following information was filed by Amazon Com Inc (AMZN) on Thursday, January 31, 2019 as an 8K 2.02 statement, which is an earnings press release pertaining to results of operations and financial condition. It may be helpful to assess the quality of management by comparing the information in the press release to the information in the accompanying 10-K Annual Report statement of earnings and operation as management may choose to highlight particular information in the press release.

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Inside Amazon Com Inc's 10-K Annual Report:

Financial Statements, Disclosures and Schedules

Inside this 10-K Annual Report

Document And Entity Information
Consolidated Balance Sheets
Consolidated Balance Sheets (Parenthetical)
Consolidated Statements Of Cash Flows
Consolidated Statements Of Comprehensive Income
Consolidated Statements Of Comprehensive Income (Parenthetical)
Consolidated Statements Of Operations
Consolidated Statements Of Stockholders' Equity
Acquisitions, Goodwill, And Acquired Intangible Assets
Acquisitions, Goodwill, And Acquired Intangible Assets (Tables)
Acquisitions, Goodwill, And Acquired Intangible Assets - Acquired Intangible Assets (Details)
Acquisitions, Goodwill, And Acquired Intangible Assets - Additional Information (Details)
Acquisitions, Goodwill, And Acquired Intangible Assets - Allocation Of Aggregate Purchase Price Of Acquisitions (Details)
Acquisitions, Goodwill, And Acquired Intangible Assets - Expected Future Amortization Expense Of Acquired Intangible Assets (Details)
Acquisitions, Goodwill, And Acquired Intangible Assets - Summary Of Goodwill Activity By Segment (Details)
Cash, Cash Equivalents, And Marketable Securities
Cash, Cash Equivalents, And Marketable Securities (Tables)
Cash, Cash Equivalents, And Marketable Securities - Contractual Maturities (Details)
Cash, Cash Equivalents, And Marketable Securities - Fair Values On Recurring Basis (Details)
Cash, Cash Equivalents, And Marketable Securities - Gross Gains And Gross Losses Realized On Sales Of Available-For-Sale Marketable Securities (Details)
Cash, Cash Equivalents, And Marketable Securities - Reconciliation To Cash Flow (Details)
Cash, Cash Equivalents, And Marketable Securities Reconciliation To Cash Flow (Tables)
Commitments And Contingencies
Commitments And Contingencies (Tables)
Commitments And Contingencies - Commitments (Details)
Commitments And Contingencies - Legal Proceedings (Details)
Commitments And Contingencies - Pledged Assets (Details)
Commitments And Contingencies - Principal Contractual Commitments Excluding Open Orders (Details)
Description Of Business And Accounting Policies
Description Of Business And Accounting Policies (Policies)
Description Of Business And Accounting Policies (Tables)
Description Of Business And Accounting Policies - Accounting Pronouncements Not Yet Adopted (Details)
Description Of Business And Accounting Policies - Accounting Pronouncements Recently Adopted (Details)
Description Of Business And Accounting Policies - Accounts Receivable, Net And Other (Details)
Description Of Business And Accounting Policies - Accrued Expenses And Other (Details)
Description Of Business And Accounting Policies - Calculation Of Diluted Shares (Details)
Description Of Business And Accounting Policies - Description Of Business (Details)
Description Of Business And Accounting Policies - Fair Value Of Financial Instruments (Details)
Description Of Business And Accounting Policies - Foreign Currency (Details)
Description Of Business And Accounting Policies - Goodwill (Details)
Description Of Business And Accounting Policies - Marketing (Details)
Description Of Business And Accounting Policies - Other Income (Expense), Net (Details)
Description Of Business And Accounting Policies - Property And Equipment, Net (Details)
Description Of Business And Accounting Policies - Revenue (Details)
Description Of Business And Accounting Policies - Unearned Revenue (Details)
Description Of Business And Accounting Policies - Video And Music Content (Details)
Income Taxes
Income Taxes (Tables)
Income Taxes - Additional Information (Details)
Income Taxes - Components Of Provision For Income Taxes, Net (Details)
Income Taxes - Deferred Income Tax Assets And Liabilities (Details)
Income Taxes - Items Accounting For Differences Between Income Taxes Computed At Federal Statutory Rate And Provision Recorded For Income Taxes (Details)
Income Taxes - Reconciliation Of Tax Contingencies (Details)
Income Taxes - U.S. And International Components Of Income Before Income Taxes (Details)
Long-Term Debt
Long-Term Debt (Tables)
Long-Term Debt - Additional Information (Details)
Long-Term Debt - Future Principal Payment For Debt (Details)
Long-Term Debt - Long-Term Debt Obligations (Details)
Other Long-Term Liabilities
Other Long-Term Liabilities (Tables)
Other Long-Term Liabilities - Long Term Capital Lease Obligation (Details)
Other Long-Term Liabilities - Long Term Finance Lease Obligation (Details)
Other Long-Term Liabilities - Other Long Term Liabilities Summary (Details)
Property And Equipment
Property And Equipment (Tables)
Property And Equipment - Additional Information (Details)
Property And Equipment - Components (Details)
Quarterly Results (Unaudited)
Quarterly Results (Unaudited) (Details)
Quarterly Results (Unaudited) (Tables)
Segment Information
Segment Information (Tables)
Segment Information - Additional Information (Details)
Segment Information - Depreciation Expense, By Segment (Details)
Segment Information - Disaggregation Of Revenue (Details)
Segment Information - Reconciliation Of Assets From Segment To Consolidated (Details)
Segment Information - Reconciliation Of Property And Equipment Additions From Segments To Consolidated (Details)
Segment Information - Reconciliation Of Property And Equipment From Segments To Consolidated (Details)
Segment Information - Reportable Segments And Reconciliation To Consolidated Net Income (Details)
Segment Information Net Sales Attributed To Countries Representing Portion Of Consolidated Net Sales (Details)
Stockholders' Equity
Stockholders' Equity (Tables)
Stockholders' Equity - Additional Information (Details)
Stockholders' Equity - Restricted Stock Unit Activity (Details)
Stockholders' Equity - Scheduled Vesting For Outstanding Restricted Stock Units (Details)
Stockholders' Equity - Stock-Based Compensation Expense (Details)
Ticker: AMZN
CIK: 1018724
Form Type: 10-K Annual Report
Accession Number: 0001018724-19-000004
Submitted to the SEC: Thu Jan 31 2019 3:22:40 PM EST
Accepted by the SEC: Fri Feb 01 2019
Period: Monday, December 31, 2018
Industry: Retail Catalog And Mail Order Houses

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