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Amazon Com Inc (AMZN) SEC Filing 10-Q Quarterly Report for the period ending Wednesday, March 31, 2021

Amazon Com Inc

CIK: 1018724 Ticker: AMZN

Exhibit 99.1
 amazonlogorgba091a.jpg
AMAZON.COM ANNOUNCES FIRST QUARTER RESULTS

SEATTLE—(BUSINESS WIRE) April 29, 2021—Amazon.com, Inc. (NASDAQ: AMZN) today announced financial results for its first quarter ended March 31, 2021.

Operating cash flow increased 69% to $67.2 billion for the trailing twelve months, compared with $39.7 billion for the trailing twelve months ended March 31, 2020.
Free cash flow increased to $26.4 billion for the trailing twelve months, compared with $24.3 billion for the trailing twelve months ended March 31, 2020.
Free cash flow less principal repayments of finance leases and financing obligations increased to $14.9 billion for the trailing twelve months, compared with $14.3 billion for the trailing twelve months ended March 31, 2020.
Free cash flow less equipment finance leases and principal repayments of all other finance leases and financing obligations increased to $16.8 billion for the trailing twelve months, compared with $11.7 billion for the trailing twelve months ended March 31, 2020.
Common shares outstanding plus shares underlying stock-based awards totaled 519 million on March 31, 2021, compared with 513 million one year ago.
Net sales increased 44% to $108.5 billion in the first quarter, compared with $75.5 billion in first quarter 2020. Excluding the $2.1 billion favorable impact from year-over-year changes in foreign exchange rates throughout the quarter, net sales increased 41% compared with first quarter 2020.
Operating income increased to $8.9 billion in the first quarter, compared with operating income of $4.0 billion in first quarter 2020.
Net income increased to $8.1 billion in the first quarter, or $15.79 per diluted share, compared with net income of $2.5 billion, or $5.01 per diluted share, in first quarter 2020.

“Two of our kids are now 10 and 15 years old—and after years of being nurtured, they’re growing up fast and coming into their own,” said Jeff Bezos, Amazon founder and CEO. “As Prime Video turns 10, over 175 million Prime members have streamed shows and movies in the past year, and streaming hours are up more than 70% year over year. Amazon Studios received a record 12 Academy Award nominations and two wins. Upcoming originals include Tom Clancy’s Without Remorse, The Tomorrow War, The Underground Railroad, and much more. In just 15 years, AWS has become a $54 billion annual sales run rate business competing against the world’s largest technology companies, and its growth is accelerating—up 32% year over year. Companies from Airbnb to McDonald’s to Volkswagen come to AWS because we offer what is by far the broadest set of tools and services available, and we continue to invent relentlessly on their behalf. We love Prime Video and AWS, and we’re proud to have them in the family.”

Highlights

Our Vision to be Earth’s Best Employer and Earth’s Safest Place to Work
Amazon ranked #1 in the U.S. on LinkedIn’s 2021 Top Companies, an annual list identifying the most sought-after places to work based on their ability to attract and retain the best talent, including promotions, opportunities for employees to learn new skills, hiring people from all backgrounds and levels of education, and gender diversity. In addition, Amazon ranked #2 on the Fortune World’s Most Admired Companies list and #3 on Boston Consulting Group’s Most Innovative Companies list.


The following information was filed by Amazon Com Inc (AMZN) on Thursday, April 29, 2021 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-Q Quarterly 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-Q Quarterly Report:

Financial Statements, Disclosures and Schedules

Inside this 10-Q Quarterly Report

Cover
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
Accounting Policies And Supplemental Disclosures
Accounting Policies And Supplemental Disclosures (Policies)
Accounting Policies And Supplemental Disclosures (Tables)
Accounting Policies And Supplemental Disclosures - Accounts Receivable, Net And Other (Details)
Accounting Policies And Supplemental Disclosures - Calculation Of Diluted Shares (Details)
Accounting Policies And Supplemental Disclosures - Inventories (Details)
Accounting Policies And Supplemental Disclosures - Other Income (Expense), Net (Details)
Accounting Policies And Supplemental Disclosures - Supplemental Cash Flow Information (Details)
Accounting Policies And Supplemental Disclosures - Unearned Revenue (Details)
Accounting Policies And Supplemental Disclosures - Video And Music Content (Details)
Commitments And Contingencies
Commitments And Contingencies (Tables)
Commitments And Contingencies - Pledged Assets (Details)
Commitments And Contingencies - Principal Contractual Commitments Excluding Open Orders (Details)
Debt
Debt (Tables)
Debt - Additional Information (Details)
Debt - Long-Term Debt Obligations (Details)
Financial Instruments
Financial Instruments (Tables)
Financial Instruments - Consolidated Statements Of Cash Flows Reconciliation (Details)
Financial Instruments - Contractual Maturities (Details)
Financial Instruments - Equity Warrants And Non-Marketable Equity Investments (Details)
Financial Instruments - Fair Values On Recurring Basis (Details)
Income Taxes
Income Taxes (Details)
Leases
Leases (Tables)
Leases - Additional Information (Details)
Leases - Lease Cost (Details)
Leases - Operating And Finance Lease Liability Reconciliation (Details)
Leases - Other Operating And Finance Lease Information (Details)
Segment Information
Segment Information (Tables)
Segment Information - Disaggregation Of Revenue (Details)
Segment Information - Reportable Segments And Reconciliation To Consolidated Net Income (Details)
Stockholders' Equity
Stockholders' Equity (Tables)
Stockholders' Equity - Additional Information (Details)
Stockholders' Equity - Changes In Stockholders Equity (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)

Material Contracts, Statements, Certifications & more

Amazon Com Inc provided additional information to their SEC Filing as exhibits

Ticker: AMZN
CIK: 1018724
Form Type: 10-Q Quarterly Report
Accession Number: 0001018724-21-000010
Submitted to the SEC: Thu Apr 29 2021 6:48:35 PM EST
Accepted by the SEC: Fri Apr 30 2021
Period: Wednesday, March 31, 2021
Industry: Retail Catalog And Mail Order Houses

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