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Amazon Com Inc (AMZN) SEC Filing 10-Q Quarterly Report for the period ending Thursday, June 30, 2022

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AMZN Quarterly Reports

Amazon Com Inc

CIK: 1018724 Ticker: AMZN

Exhibit 99.1
 amazonlogorgba09.jpg
AMAZON.COM ANNOUNCES SECOND QUARTER RESULTS

SEATTLE—(BUSINESS WIRE) July 28, 2022—Amazon.com, Inc. (NASDAQ: AMZN) today announced financial results for its second quarter ended June 30, 2022.

Operating cash flow decreased 40% to $35.6 billion for the trailing twelve months, compared with $59.3 billion for the trailing twelve months ended June 30, 2021.
Free cash flow decreased to an outflow of $23.5 billion for the trailing twelve months, compared with an inflow of $12.1 billion for the trailing twelve months ended June 30, 2021.
Free cash flow less principal repayments of finance leases and financing obligations decreased to an outflow of $33.5 billion for the trailing twelve months, compared with an inflow of $0.6 billion for the trailing twelve months ended June 30, 2021.
Free cash flow less equipment finance leases and principal repayments of all other finance leases and financing obligations decreased to an outflow of $26.1 billion for the trailing twelve months, compared with an inflow of $4.2 billion for the trailing twelve months ended June 30, 2021.
Common shares outstanding plus shares underlying stock-based awards totaled 10.6 billion on June 30, 2022, compared with 10.4 billion one year ago. All share and per share information throughout this release has been retroactively adjusted to reflect the 20-for-1 stock split effected on May 27, 2022.
Net sales increased 7% to $121.2 billion in the second quarter, compared with $113.1 billion in second quarter 2021. Excluding the $3.6 billion unfavorable impact from year-over-year changes in foreign exchange rates throughout the quarter, net sales increased 10% compared with second quarter 2021.
Operating income decreased to $3.3 billion in the second quarter, compared with $7.7 billion in second quarter 2021.
Net loss was $2.0 billion in the second quarter, or $0.20 per diluted share, compared with net income of $7.8 billion, or $0.76 per diluted share, in second quarter 2021. Second quarter 2022 net loss includes a pre-tax valuation loss of $3.9 billion included in non-operating expense from our common stock investment in Rivian Automotive, Inc.

Despite continued inflationary pressures in fuel, energy, and transportation costs, we’re making progress on the more controllable costs we referenced last quarter, particularly improving the productivity of our fulfillment network,” said Andy Jassy, Amazon CEO. “We’re also seeing revenue accelerate as we continue to make Prime even better for members, both investing in faster shipping speeds, and adding unique benefits such as free delivery from Grubhub for a year, exclusive access to NFL Thursday Night Football games starting September 15, and releasing the highly anticipated series The Lord of the Rings: The Rings of Power on September 2.”

Highlights

Shopping Innovation
Prime members worldwide shopped more and saved more this Prime Day than any other Prime Day event, purchasing more than 300 million items and saving more than $1.7 billion. On July 12 and July 13, Prime members worldwide purchased more than 100,000 items per minute, and some of the best-selling categories were Amazon Devices, Consumer Electronics, and Home. Amazon Devices had a record-breaking Prime Day, selling more devices than any other Prime Day event.
Prime continued to provide even more value to members around the world. In the U.S., Amazon introduced new offers for Prime members, including a free one-year Grubhub+ membership, a new year-round 20% discount on select


The following information was filed by Amazon Com Inc (AMZN) on Thursday, July 28, 2022 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 - Acquisition Activity (Details)
Accounting Policies And Supplemental Disclosures - Calculation Of Diluted Shares (Details)
Accounting Policies And Supplemental Disclosures - Common Stock Split (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 - Use Of Estimates (Details)
Accounting Policies And Supplemental Disclosures - Video And Music Content (Details)
Commitments And Contingencies
Commitments And Contingencies (Tables)
Commitments And Contingencies - Commitments (Details)
Commitments And Contingencies - Legal Proceedings (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)
Ticker: AMZN
CIK: 1018724
Form Type: 10-Q Quarterly Report
Accession Number: 0001018724-22-000019
Submitted to the SEC: Thu Jul 28 2022 6:24:06 PM EST
Accepted by the SEC: Fri Jul 29 2022
Period: Thursday, June 30, 2022
Industry: Retail Catalog And Mail Order Houses

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