Company Name Amazon INC.

Currency $ in millions

Last Historical Peri 31-Dec-19

Amazon INC.
2014
$ in millions Mar 14 Jun-14 Sep-14

Net product sales 15705 15251 16022

Net service sales 4036 4089 4557
Total net sales 19741 19340 20579

Operating expenses:
Cost of sales 14055 13399 14627
Fulfillment 2317 2382 2643
Marketing 870 943 993
Technology and content 1991 2226 2423
General and administrative 327 377 406
Other operating expense (income), net 35 28 31
Total operating expenses 19595 19355 21123
Operating income 146 -15 -544
Interest income 11 11 9
Interest expense -42 -45 -49
Other income (expense), net 5 22 -50
Total non-operating income (expense) -26 -12 -90

Income before income taxes 120 -27 -634

Provision for income taxes -73 -94 205
Equity-method investment activity, net of tax 61 -5 -8
Net income 108 -126 -437

EPS
Basic earnings per share 0.23 -0.27 -0.95
Diluted earnings per share 0.23 -0.27 -0.95
Weighted-average shares used in computation of earnings per share:
Basic 460 461 463
Diluted 468 461 463
 HISTORICAL
2015 2016
Dec-14 Mar 15 Jun-15 Sep-15 Dec-15 Mar 16 Jun-16 Sep-16 Dec-16 Mar 17

23102 17084 17104 18463 26618 20581 21116 22339 30629 23734
6227 5633 6081 6895 9129 8547 9288 10375 13112 11980
29329 22717 23185 25358 35747 29128 30404 32714 43741 35714

20672 15395 15160 16755 24341 18866 19180 21260 28959 22440
3424 2759 2876 3230 4545 3687 3878 4335 5719 4697
1526 1083 1150 1264 1758 1436 1546 1738 2513 1920
2636 2754 3020 3197 3569 3526 3880 4135 4544 4813
442 427 467 463 390 497 580 639 717 795
39 44 48 43 35 45 55 32 34 44
28739 22462 22721 24952 34638 28057 29119 32139 42486 34709
590 255 464 406 1109 1071 1285 575 1255 1005
8 11 12 13 13 21 24 26 29 39
-74 -115 -114 -116 -115 -117 -116 -118 -133 -139
-95 -130 — -56 -69 81 -14 8 15 48
-161 -234 -102 -159 -171 -15 -106 -84 -89 -52

429 21 362 247 938 1056 1179 491 1166 953

-205 -71 -266 -161 -452 -475 -307 -229 -413 -229
-10 -7 -4 -7 -4 -68 -15 -10 -4
214 -57 92 79 482 513 857 252 749 724

0.47 -0.12 0.2 0.17 1.04 1.09 1.81 0.53 1.58 1.52
0.47 -0.12 0.19 0.17 1.01 1.07 1.78 0.52 1.54 1.48

463 465 467 468 468 471 473 474 474 477
463 465 476 478 478 481 483 485 485 490
 2017 2018 2019
Jun-17 Sep-17 Dec-17 Mar 18 Jun-18 Sep-18 Dec-18 Mar 19 Jun-19 Sep-19

24745 28768 41325 31605 31864 33746 44700 34283 35856 39726
13210 14976 19128 19437 21022 22830 27683 25417 27548 30255
37955 43744 60453 51042 52886 56576 72383 59700 63404 69981

23451 27549 38495 30735 30632 33003 44786 33920 36337 41302
5158 6420 8974 7792 7932 8275 10028 8601 9271 10167
2229 2479 3440 2699 2901 3303 19935 3664 4291 4752
5549 5944 6314 6759 7247 7162 -7354 7927 9065 9200
874 960 1044 1067 1111 1041 1117 1173 1270 1348
66 45 59 63 80 68 85 -5 86 55
37327 43397 58326 49115 49903 52852 68597 55280 60320 66824
628 347 2127 1927 2983 3724 3786 4420 3084 3157
44 54 65 80 94 117 150 183 215 224
-143 -228 -338 -330 -343 -358 -387 -366 -383 -396
137 143 17 239 -129 -93 -199 164 -27 -353
38 -31 -256 -11 -378 -334 -436 -19 -195 -525

666 316 1871 1916 2605 3390 3350 4401 2889 2632
-467 -58 -14 -287 -74 -508 -327 -836 -257 -494
-2 -2 0 — 3 1 4 -4 -7 -4
197 256 1857 1629 2534 2883 3027 3561 2625 2134

0.41 0.53 3.86 3.36 5.21 5.91 6.19 7.24 5.32 4.31
0.4 0.52 3.76 3.27 5.07 5.75 6.04 7.09 5.22 4.23

479 481 481 484 486 486 486 491 493 493
492 494 494 498 500 500 500 502 503 503
 2020 2021
Dec-19 Mar 20 Jun-20 Sep-20 Dec-20 Mar 21 Jun-21 Sep-21 Dec-21

50542 41841
36894 33611
87436 75452

53977 44257
12192 11531
23224 4828
-7313 9325
1412 1452
65 70
83557 71463
3879 3989
211 202
-455 -402
418 -406
174 -606

4053 3383
-786 -744
1 -104
3268 2535

6.59 5.09
6.48 5.01

493 498
503 506
Amazon INC.

$ in millions FY 14 FY 15 FY 16

ASSETS:

Current assets: 14557 15890 19334

Cash and cash equivalents 2859 3918 6647
Marketable securities 8299 10243 11461
Inventories 5612 6423 8339
Accounts receivable, net and other - - -
Deferred Taxes

Total current assets 31327 36474 45781

Property and equipment, net 16967 21838 29114

Deferred Tax assets
Operating leases
Goodwill 3319 3759 3784
Other assets 2892 3373 4723

Total assets 54505 65444 83402

LIABILITIES AND STOCKHOLDERS’ EQUITY

Current liabilities:
Accounts payable 16459 20397 25309
Accrued expenses and other 9807 10384 13739
Unearned revenue 1823 3118 4768
Total current liabilities 28089 33899 43816

Long-term debt 8265 8235 7694

Other long-term liabilities 7410 9926 12607
Long-term lease liabilities - - -
Commitments and contingencies (Note 7)

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 — 514 and 521 5 5 5
 Outstanding shares — 491 and 498

Treasury stock, at cost -1837 -1837 -1837

Additional paid-in capital 11135 13394 17186

Accumulated other comprehensive income (loss) -511 -723 -985

Retained earnings 1949 2545 4916

Total stockholders’ equity 10741 13384 19285

Total liabilities and stockholders’ equity 54505 65444 83402

FY 17 FY 18 FY 19 Mar 20 Jun-20 Sep-20 Dec-20 Mar 21 Jun-21 Sep-21

20522 31750 36092

10464 9500 18929
16047 17174 20497
13164 16677 20816
- - -

60197 75101 96334

48866 61797 72705

—
25141
13350 14548 14754
8897 11202 16314

131310 162648 225248

34616 38192 47183

18170 23663 32439
5097 6536 8190
57883 68391 87812

24743 23495 23414

20975 17563 12171
- 9650 39791

5 5 5
 -1837 -1837 -1837
21389 26791 33658

-484 -1035 -986

8636 19625 31220

27709 43549 62060

131310 162648 225248

Dec-21
Amazon INC.
2014
$ in millions Mar 14 Jun-14 Sep-14

OPERATING ACTIVITIES:

Net income (loss) 108 -126 -437

Adjustments to reconcile net income (loss) to net cash from

operating activities:
Depreciation of property and equipment, including internal-us 1010 1109 1247
Stock-based compensation 321 391 377
Other operating expense (income), net 35 28 31
Losses (gains) on sales of marketable securities, net -1 -3
Other expense (income), net -50 -8 42
Deferred income taxes -185 -49 -270
Excess tax benefits from stock-based compensation -121
Changes in operating assets and liabilities:
Inventories 699 92 -845
Accounts receivable, net and other 727 -299 -362
Accounts payable -4,675 -344 1724
Accrued expenses and other -731 -15 4
Additions to unearned revenue 1092 894 1069
Amortization of previously unearned revenue -732 -810 -811
Net cash provided by (used in) operating activities -2,502 862 1766

INVESTING ACTIVITIES:
Purchases of property and equipment, including internal-use -1,080 -1,290 -1,378
Proceeds from property and equipment incentives
Acquisitions, net of cash acquired, and other — -67 -860
Sales and maturities of marketable securities 593 962 1439
Purchases of marketable securities -437 -336 -147
Net cash provided by (used in) investing activities -924 -731 -946

FINANCING ACTIVITIES:
Excess tax benefits from stock-based compensation 121
Proceeds from long-term debt and other 65 286 28
Repayments of long-term debt -70 -178 -84
Principal repayments of capital lease obligations -249 -285 -343
Principal repayments of finance lease obligations -42 -12 -13
Net cash provided by (used in) financing activities -175 -189 -412

Foreign-currency effect on cash and cash equivalents 17 41 -207

 Net increase (decrease) in cash and cash equivalents -3,584 -17 201
CASH AND CASH EQUIVALENTS, BEGINNING OF PERIOD 8,658 5074 5057

CASH AND CASH EQUIVALENTS, END OF PERIOD 5074 5057 5258

CHECK Cash and cash Equivalents difference 5,074 5,057 5,258

Net increase decrease difference -3,584 -17 201

 HISTORICAL
2015 2016
Dec-14 Mar 15 Jun-15 Sep-15 Dec-15 Mar 16 Jun-16 Sep-16 Dec-16 Mar 17

214 -57 92 79 482 513 857 252 749 724

1380 1426 1504 1599 1752 1827 1909 2084 2297 2435
408 407 563 544 606 544 768 776 887 792
36 44 42 34 35 43 53 31 32 42
1 1 1 2 1 2 1 0 -40
78 91 18 56 79 -52 31 -23 21 -22
187 -2 -43 -63 189 11 106 -81 -282
115 -22 -95 -95 93 -207 -113 -173 493

-1139 721 -27 -1,537 -1343 769 -57 -1,095 -1043 947
-1105 441 -430 -588 -1178 412 -1,184 -671 -1993 994
5053 -4,249 373 2030 6140 -5,770 977 2540 7282 -6,865
1448 -940 -129 143 1838 -956 -15 441 2255 -1,404
1378 1803 1397 1779 2422 2814 2340 2802 -6001 4054
-1339 -1,163 -1,269 -1,373 -2304 -2,110 -2,208 -2,397 6715 -3,247
6715 -1,499 1997 2610 8812 -2,160 3465 4486 11412 -1,590

-1145 -871 -1,213 -1,195 -1309 -1,179 -1,711 -1,841 -3073 -1,861
0 0 1067
-53 -365 -8 -105 -317 -16 -14 -84 -3 -45
355 375 470 1045 1135 1138 931 1431 1077 1910
-1622 -986 -625 -1,122 -1359 -636 -1,645 -2,076 -2882 -1,620
-2465 -1,847 -1,376 -1,377 -1850 -693 -2,439 -2,570 -3814 -1,616

6 22 95 95 -93 207 113 173 -493

5980 183 44 33 93 9 66 8 535 24
-182 -316 -215 -181 -940 -175 -70 -26 -56 69
-407 -502 -580 -656 -724 -801 -1,116 -938 -1005 -832
-67 -39 -35 -21 -26 -29 -32 -44 -42 -37
5209 -652 -691 -730 -1690 -789 -1,039 -827 -1061 914

-160 -322 102 -63 -91 222 64 46 -544 226

 9299 -4,320 32 440 5181 -3,420 51 1135 6278 -3,894
5258 14,557 10237 10269 10709 15,890 12470 12521 13656 19,934

14557 10237 10269 10709 15890 12470 12521 13656 19934 15440

14,557 10,237 10,269 10,709 15,890 12,470 12,521 13,656 19,934 16,040

9,299 -4,320 32 440 5,181 -3,420 51 1,135 5,993 -2,066

 2017 2018 2019
Jun-17 Sep-17 Dec-17 Mar 18 Jun-18 Sep-18 Dec-18 Mar 19 Jun-19 Sep-19

197 256 1857 1629 2534 2883 3027 3561 2625 2134

2633 2912 3498 3671 3630 3778 4262 4854 5202 5563
1158 1085 1179 1182 1468 1350 1417 1274 1971 1779
60 43 56 56 85 62 72 -13 80 47
0 -184 0
-120 -128 -4 141 110 96 197 -135 -7 388
376 -74 -308 -139 266 173 415 105 92
0 0

-682 -1,593 -2255 2220 -1,090 -1,094 -1350 719 -2,100 -381
-1,242 -1,758 -2775 1029 -1,364 -2,884 -1395 -401 -2,193 -1,181
2088 3046 8831 -10,216 2703 3894 6881 -6,384 3668 226
-252 -122 2061 -2,225 -205 237 2665 -2,932 -623 -722
3047 3762 -10124 906 -283 528 888 390 -53
-3,434 -3,578 10259
3829 3851 12275 -1,791 7449 8588 16477 1846 9118 7892

-2,501 -2,659 -4933 -3,098 -3,243 -3,352 -3734 -3,290 -3,562 -4,697
1897 371 294 825 614 569 919 1312
-633 -13,213 -81 -13 -866 -976 -331 -1,169 -117 -398
2293 2221 3253 2677 1660 1964 1939 2643 5161 7251
-4,210 -5,469 -1433 -470 -537 -4,033 -2060 -6,876 -9,950 -8,542
-5,051 -19,120 -1297 -533 -2,692 -5,572 -3572 -8,123 -7,549 -5,074

0 0
66 16080 58 125 96 143 405 190 283 702
-54 -79 -1099 -202 -149 -183 -135 -351 -112 -355
-1,228 -1,267 -1472 -2,015 -1,284 -2,247 -1905 -2,214 -2,327 -2,307
-47 -49 -66 -72 -57 -82 -126 -2 -2 —
-1,263 14685 -2579 -2,164 -1,394 -2,369 -1761 -2,377 -2,158 -1,960

248 148 90 248 -443 -151 -3 -12 47 -269

-2,237 -436 9089 -4,240 2920 496 11141 -8,666 -542 589
15440 13203 12767 21,856 17616 20536 21032 32,173 23507 22965

13203 12767 21856 17616 20536 21032 32173 23507 22965 21032

13,203 12,767 21,856 17,616 20,536 21,032 32,173 23,507 22,965 23,554

-2,237 -436 8,489 -4,240 2,920 496 11,141 -8,666 -542 589
 2020 2021
Dec-19 Mar 20 Jun-20 Sep-20 Dec-20 Mar 21 Jun-21 Sep-21 Dec-21

3268 2535

6170 5362
1840 1757
50 67

-495 565
184 322

-1516 1392
-3905 1262
10683 -8,044
2894 -2,761
486 607

19659 3064

-5312 -6,795
1372 1367
-777 -91
7625 11626
-6444 -15,001
-3536 -8,894

1098 693
-1865 -667
-2780 -2,600
-24 -17
-3571 -2,591

304 -484
12856 -8,905
23554 36,410

36410 27505

36,410 27,505

12,856 -8,905
Amazon INC.
2014
$ in millions Mar 14 Jun-14 Sep-14

Revenue based on Channels

Net Sales:
Online stores 13017 13278 13953
% of Revenue 65.9% 68.7% 67.8%
yoy growth 2.0% 5.1%
Physical stores
% of Revenue
yoy growth
Third-party seller services 5467 4844 5244
% of Revenue 27.7% 25.0% 25.5%
yoy growth -11.4% 8.3%
Subscription services
% of Revenue
yoy growth
AWS
% of Revenue
yoy growth
Other 1257 1218 1382
% of Revenue 6.4% 6.3% 6.7%
yoy growth -3.1% 13.5%
19741 19340 20579

Revenue based on Geography

Net Sales:
North America 10808 10994 11699
International 7883 7341 7711
AWS 1050 1005 1169

Total Sale 19741 19340 20579

 HISTORICAL
2015 2016
Dec-14 Mar 15 Jun-15 Sep-15 Dec-15 Mar 16 Jun-16 Sep-16 Dec-16

20638 15628 16412 17741 27081 19916 20378 21590 29548

70.4% 68.8% 70.8% 70.0% 75.8% 68.4% 67.0% 66.0% 67.6%
47.9% -24.3% 5.0% 8.1% 52.6% -26.5% 2.3% 5.9% 36.9%

6951 5289 4714 5283 800 4801 5083 5652 7456

23.7% 23.3% 20.3% 20.8% 2.2% 16.5% 16.7% 17.3% 17.0%
32.6% -23.9% -10.9% 12.1% -84.9% 500.1% 5.9% 11.2% 31.9%
4467 1300 1431 1532 2130
12.5% 4.5% 4.7% 4.7% 4.9%
-70.9% 10.1% 7.1% 39.0%
1566 1824 2085 2406 2566 2886 3231 3536
6.9% 7.9% 8.2% 6.7% 8.8% 9.5% 9.9% 8.1%
16.5% 14.3% 15.4% 6.7% 12.5% 12.0% 9.4%
1740 234 235 249 993 545 626 709 1071
5.9% 1.0% 1.0% 1.0% 2.8% 1.9% 2.1% 2.2% 2.4%
25.9% -86.6% 0.4% 6.0% 298.8% -45.1% 14.9% 13.3% 51.1%
29329 22717 23185 25358 35747 29128 30404 32714 43741

21218 13406 13796 15006 28329 16996 17674 18874 36805

5236 7745 7565 8267 5536 9566 9844 10609 4473
2875 1566 1824 2085 1882 2566 2886 3231 2463

29329 22717 23185 25358 35747 29128 30404 32714 43741

HISTORICAL
2017 2018 2019
Mar 17 Jun-17 Sep-17 Dec-17 Mar 18 Jun-18 Sep-18 Dec-18 Mar 19 Jun-19

22826 23754 26392 35383 26939 27165 29061 39822 29498 31053
63.9% 62.6% 60.3% 58.5% 52.8% 51.4% 51.4% 55.0% 49.4% 49.0%
-22.7% 4.1% 11.1% 34.1% -23.9% 0.8% 7.0% 37.0% -25.9% 5.3%
1276 4522 4263 4312 4248 4400 4307 4330
2.9% 7.5% 8.4% 8.2% 7.5% 6.1% 7.2% 6.8%
254.4% -5.7% 1.1% -1.5% 3.6% -2.1% 0.5%
6438 6991 7928 10524 9265 9702 10395 13384 11141 11962
18.0% 18.4% 18.1% 17.4% 18.2% 18.3% 18.4% 18.5% 18.7% 18.9%
-13.7% 8.6% 13.4% 32.7% -12.0% 4.7% 7.1% 28.8% -16.8% 7.4%
1939 2165 2441 3177 3102 3408 3698 3959 4342 4676
5.4% 5.7% 5.6% 5.3% 6.1% 6.4% 6.5% 5.5% 7.3% 7.4%
-9.0% 11.7% 12.7% 30.2% -2.4% 9.9% 8.5% 7.1% 9.7% 7.7%
3661 4100 4584 5113 5442 6105 6679 7430 7696 8381
10.3% 10.8% 10.5% 8.5% 10.7% 11.5% 11.8% 10.3% 12.9% 13.2%
3.5% 12.0% 11.8% 11.5% 6.4% 12.2% 9.4% 11.2% 3.6% 8.9%
850 945 1123 1734 2031 2194 2495 3388 2716 3002
2.4% 2.5% 2.6% 2.9% 4.0% 4.1% 4.4% 4.7% 4.5% 4.7%
-20.6% 11.2% 18.8% 54.4% 17.1% 8.0% 13.7% 35.8% -19.8% 10.5%
35714 37955 43744 60453 51042 52886 56576 72383 59700 63404

20992 22370 25446 51678 30725 32169 34348 62904 35812 38653
11061 11485 13714 3971 14875 14612 15549 3197 16192 16370
3661 4100 4584 4804 5442 6105 6679 6282 7696 8381

35714 37955 43744 60453 51042 52886 56576 72383 59700 63404
2019 2020 2021
Sep-19 Dec-19 Mar 20 Jun-20 Sep-20 Dec-20 Mar 21 Jun-21 Sep-21 Dec-21

35039 45657
50.1% 52.2%
12.8% 30.3%
4192 4363
6.0% 5.0%
-3.2% 4.1%
13212 17446
18.9% 20.0%
10.4% 32.0%
4957 5235
7.1% 6.0%
6.0% 5.6%
8995 9954
12.9% 11.4%
7.3% 10.7%
3586 4781
5.1% 5.5%
19.5% 33.3%
69981 87436

42638 76532
18348 4851
8995 6053

69981 87436