Revenue segments as reported by the company.

Online Stores

Physical Stores

Third-Party Seller Services

Subscription Services

AWS*

Other Revenue

Revenue Segments

International Sales

North America Sales

Revenue Segments by Geography

Gross Profit, Operating Income, and Net Income as a percentage of Revenue

Gross Margin

Operating Margin

Profit Margin

Margins

An operating expense is an expense a business incurs through its normal business operations. Often abbreviated as OPEX.

Fulfillment

Marketing

Technology & Content

General & Administrative

Other Expenses

Operating Expenses

Year over year growth in Revenue and Operating Expenses.

Revenue Y/Y

OpEx Y/Y

Growth

Operating Cash Flow

Cash & Cash Equivalents + Short Term Investments

Cash + Short Term Investments

Shares outstanding refer to a company's stock currently held by all its shareholders, including share blocks held by institutional investors and restricted shares owned by the company's officers and insiders.

Outstanding Shares

Market Cap

Also known as Price/Sales Ratio. Calculated using Average market cap for the quarter / Annualized quarterly revenue.

Revenue Multiple

Amazon

AbeBooks is an e-commerce global online marketplace with seven national domains that offers Books, Fine Art, and Collectibles from sellers in 50+ countries.

Abebooks

Zappos.com is an online shoe and clothing shop based in Las Vegas, Nevada.  In July 2009, the company announced that Amazon.com would acquire it in an all-stock deal worth about $1.2 billion.

Zappos

Pill Pack is an online pharmacy offering a modern technology-based system that helps people take timely medication.

Pill Pack

Goodreads is a "social cataloging" website that allows individuals to freely search its database of books, annotations, and reviews. Users can sign up and register books to generate library catalogs and reading lists. They can also create their own groups of book suggestions, surveys, polls, blogs, and discussions. The website's offices are located in San Francisco. The company is currently owned by the online retailer Amazon.

Goodreads

Alexa Internet, Inc. is an American company based in California that provides commercial web traffic data and analytics. It is a subsidiary of Amazon.

alexa.com

Double Helix Games is an American video game developer based in Irvine, California, founded in 2007 through two mergers of Foundation 9 studios, The Collective and Shiny Entertainment. The studio was acquired by Amazon.com on February 5, 2014. The studio's first release was Silent Hill: Homecoming for the PlayStation 3 and the Xbox 360.

Double Helix Games

Quidsi was an online speciality retailer. In March 2017, Amazon.com announced their intention to shut down Diapers.com and all other Quidsi sites on April 19, 2017, due to the businesses being unprofitable. On April 20, 2017, Diapers.com, Soap.com, Wag.com, BeautyBar.com, Casa.com, and YoYo.com were relocated to new sites located on Amazon.com which can be accessed by their former URL. Quidsi.com redirects to Amazon.com.

Quidsi

Amazon Web Services (AWS) is a subsidiary of Amazon.com that provides on-demand cloud computing platforms to individuals, companies and governments, on a paid subscription basis. The technology allows subscribers to have at their disposal a virtual cluster of computers, available all the time, through the Internet. AWS's version of virtual computers emulate most of the attributes of a real computer including hardware (CPU(s) & GPU(s) for processing, local/RAM memory, hard-disk/SSD storage); a choice of operating systems; networking; and pre-loaded application software such as web servers, databases, CRM, etc. Each AWS system also virtualizes its console I/O (keyboard, display, and mouse), allowing AWS subscribers to connect to their AWS system using a modern browser. The browser acts as a window into the virtual computer, letting subscribers log-in, configure and use their virtual systems just as they would a real physical computer. They can choose to deploy their AWS systems to provide internet-based services for themselves and their customers.

Amazon Web Services

Shopbop is is a US online fashion apparel and accessories shop opened in 1999. It has been a subsidiary of Amazon.com since 2006. In September 2013 Shopbop opened the East Dane contemporary menswear website.

SHOPBOP

Twitch

Audible is a seller and producer of spoken audio entertainment, information, and educational programming on the Internet. Audible sells digital audiobooks, radio and TV programs, and audio versions of magazines and newspapers. Through its production arm, Audible Studios, Audible has also become the world's largest producer of downloadable audiobooks. Audible's content is only accessible through special proprietary closed software, including unauthorized-playback prevention by means of an Audible user name and password.

Audible

IMDb, also known as Internet Movie Database, is an online database of information related to world films, television programs, home videos and video games, and internet streams, including cast, production crew, personnel and fictional character biographies, plot summaries, trivia, and fan reviews and ratings. An additional fan feature, message boards, was abandoned in February, 2017. The database is owned and operated by IMDb.com, Inc., a subsidiary of Amazon. As of December 2017, IMDb has approximately 4.7 million titles (including episodes) and 8.3 million personalities in its database,as well as 83 million registered users. The movie and talent pages of IMDb are accessible to all internet users, but a registration process is necessary to contribute information to the site.

imdb.com

Amazon.com, Inc. is a multinational technology company, which engages in providing online retail shopping services. It operates through the following segments: North America, International, and Amazon Web Services (AWS). The North America segment is involved in the retail sales of consumer products including from sellers and subscriptions through North America-focused online and physical stores. The International segment focuses on the amounts earned from retail sales of consumer products including from sellers and subscriptions through internationally focused online stores. The AWS segment includes global sales of computer, storage, database, and other services for start-ups, enterprises, government agencies, and academic institutions. The company was founded by Jeffrey P. Bezos in July 1994 and is headquartered in Seattle, WA.

Earnings data Q1 2021

Earnings data Q2 2021

Earnings data Q3 2021

Earnings data Q4 2021

Earnings data Q1 2022

Earnings data Q2 2022

Earnings data Q3 2022

Earnings data Q4 2022

Earnings data Q1 2023

Earnings data Q2 2023

Earnings data Q3 2023

Earnings data Q4 2023

Earnings data Q1 2024

Earnings data Q2 2024

Earnings data Q3 2024

Earnings data Q4 2024

Amazon reports solid Q4 earnings, focuses on strategic investments

Amazon's Q4 2022 performance showcased strong revenue growth, particularly in stores business and AWS, despite operational challenges.
The company's strengths include a focus on customer value, strategic investments, and commitment to long-term growth.
Challenges include AWS growth fluctuations, cost optimization efforts, and shifting investment priorities.
Opportunities exist in enhancing Prime membership, expanding international e-commerce, and investing in innovative technologies for future growth.

Amazon reports strong Q1 earnings, eyes AI and healthcare growth

Amazon's Q1 2023 showcased solid revenue growth, operational income, and cash flow, driven by a focus on cost optimization and productivity enhancements.
Strengths lie in AWS differentiation, international growth, and strong performance in the grocery business, while challenges include lower capital investments and market testing for Amazon Fresh.
Opportunities in AI, healthcare, and internet connectivity present avenues for future growth, with a positive outlook for AWS and continued focus on cost optimization.

Amazon surpasses Q2 revenue targets, focuses on AI and growth

Amazon's Q2 2023 performance exceeded expectations, driven by cost efficiencies, same-day fulfillment expansion, and AWS growth. The company's strengths lie in customer-centric strategies, AI investments, and improving retail margins. Challenges include cautious expansion and balancing cost optimizations with growth. Opportunities include Amazon Business growth, enhanced delivery options, and continued focus on generative AI.

Amazon excels in Q3 earnings, eyes AI and Prime Video growth

Amazon's Q3 performance reflects robust revenue growth and operational efficiency improvements. The company's strengths lie in its fulfillment network optimization, AWS growth, and upcoming Prime Video ad offerings. Challenges include international operations and industry GPU shortages, while opportunities exist in AI, robotics, and Prime Video monetization.

Amazon reports robust Q4 earnings, eyes growth in AI and advertising

Amazon's Q4 2023 earnings reflect strong financial performance, operational efficiency, and strategic growth across key segments like AWS, advertising, and generative AI.
While facing challenges in increased CapEx and capital structure decisions, the company's focus on innovation, cost optimization, and global expansion positions it well for future growth.
Opportunities in advertising, generative AI applications, and diverse business segments present avenues for Amazon to enhance customer experience, drive revenue, and solidify its market position.

Amazon reports stellar Q1 earnings, eyes growth in advertising and grocery

Amazon's Q1 2024 earnings call highlighted exceptional financial performance, driven by revenue growth, operating income surge, and a focus on customer-centric initiatives. The company's strengths in advertising, AWS, and innovation underscore its competitive edge and strategic positioning in the market. While facing challenges in balancing investments and profitability, Amazon remains optimistic about growth opportunities in the grocery business, international markets, and advertising segments.

Amazon reports stellar Q2 earnings driven by AWS and innovation

Amazon's Q2 2024 earnings reflect robust financial performance, driven by strong revenue growth, particularly in AWS and advertising segments.
The company's focus on innovation, cost efficiency, and customer-centric solutions positions it well for future growth and market leadership.
While facing challenges from evolving consumer trends and competitive pressures, Amazon has opportunities to leverage its technological advancements and market position for continued success.
Overall, Amazon's strategic investments in key areas like AI, cloud services, and healthcare present a promising outlook for sustained growth and profitability.

Amazon reports robust Q3 earnings, eyes AI innovation for growth

Amazon's Q3 2024 performance reflects strong revenue growth, operational efficiency improvements, and a strategic focus on advertising and AWS.
While facing challenges in international profitability and robotics implementation, Amazon is well-positioned to capitalize on AI initiatives and consumer behavior trends.
Opportunities lie in leveraging cost-saving measures, enhancing delivery speeds, and driving innovation through AI to sustain growth and competitive advantage.

Revenue

Cost of revenue

Gross profit

Operating expenses

SG&A

Other

Operating income

EBITDA

Net income

Earnings per share

Total assets

Current assets

Cash & equivalents

Receivables

Inventory

Non-current assets

Net PPE

Intangibles

Total liabilities

Current liabilities

Short term debt

Income tax payable

Non-current liabilities

Long-term debt

Total equity

Stockholders equity

Minority interest

Total liabilities & equity

Total debt

Net debt

Book value per share

Cash from operations

Funds from operations

Change in working capital

Cash from investing

Capital expenditure

Purchase/sale of investments

Purchase/sale of business

Other sources

Cash from financing

Change in stock

Change in debt

Cash dividends paid

Cash from other sources

Net change in cash

Free cash flow

I previously rated Amazon.com, Inc. as a Strong Buy in December 2023 with a price target of $180, which the stock has now reached. Amazon operates in six major segments: 1st Party, 3rd Party, Physical, Subscriptions, Advertising, and Cloud, each contributing uniquely to its revenue. A Bear- and Bull-Case Discounted Cash Flow Analysis was used to evaluate Amazon, considering growth rates and EBIT-margins for each segment.

Amazon: Deep Dive Shows Massive Upside

Wondering how to pick strong, market-beating stocks for your investment portfolio? Look no further than the Zacks Style Scores.

Why Amazon (AMZN) is a Top Growth Stock for the Long-Term

Amazon (AMZN) has received quite a bit of attention from Zacks.com users lately. Therefore, it is wise to be aware of the facts that can impact the stock's prospects.

Amazon.com, Inc. (AMZN) Is a Trending Stock: Facts to Know Before Betting on It

Hedge fund operator Steve Cohen recently surprised the market by announcing he was stepping down from trading his own book at Point72 Asset Management.

Is Legendary Investor Steven Cohen's #1 Stock a Buy or Sell?

Amazon is bolstering its e-commerce empire while continuing a march deeper into people's lives, from robots to health care and entertainment.

Amazon wants to be everything to everyone

Cathie Wood Has Been Piling Into Amazon Stock. Should Investors Follow Suit?

The potential market for Amazon's planned satellite internet service could be massive. So could its capital costs.

Prediction: Amazon.com Will Lose Money on Project Kuiper

Wells Fargo downgraded Amazon's shares due to margin pressures and the reduced, positive impact of its advertising business, but maintains a long-term bullish outlook on the name. AWS is poised for growth as companies migrate more of their infrastructure to AWS and increasingly outsource cloud management. AI trends are boosting AWS, with AWS CEO Matt Garman noting that its Bedrock platform is growing rapidly.

Consider Buying Amazon Stock On Weakness Caused By Wells Fargo's Downgrade

As Amazon seeks to redefine the future of logistics, the company is leveraging robotics to streamline its operations and enhance customer experiences, a process that began with the acquisition of Kiva Systems in 2012.

Amazon's Robotics Revolution: Transforming Fulfillment Centers to Enhance Efficiency

Amazon stock has recovered well and outperformed the S&P 500 recently. Amazon has regained the initiative across its key business segments: retail, AWS, and advertising. Amazon Prime has demonstrated its moaty advantages, bolstering Amazon's opportunities across its ecosystem.

Amazon Is Firing On All Cylinders

Amazon's ambitious Project Kuiper satellite constellation aims to build a system of 3,236 satellites to increase global broadband access.

Amazon faces $1.5 billion Project Kuiper headwind in 2025 after satellite launch delay: Morgan Stanley

Apple

Alphabet

Mastercard

Microsoft

NVIDIA

Tesla

The Magnificent Seven stocks dominate the S&P 500 and Nasdaq 100, creating a risky over-concentration in these indices. Billionaires like Warren Buffett and Stanley Druckenmiller are selling significant shares and hoarding cash due to these imbalances. Despite market overvaluation, Mastercard remains in a stronghold due to its exceptional free cash flow and consistent performance.

Follow The Smart Money

Top Wall Street analysts changed their outlook on these top names. For a complete view of all analyst rating changes, including upgrades and downgrades, please see our analyst ratings page.

This Amazon Analyst Begins Coverage On A Bullish Note; Here Are Top 5 Initiations For Friday

British American Tobacco

Enbridge

TC Energy

Each month, Dividend Kings analysts provide a "Top Buy" list with each analyst's top 5 ideas. My top 5 are always the companies I would buy today if I were rebuilding my ZEUS Family portfolio from scratch. My October Top 5 blue-chip bargains are 5 Ultra SWAN quality companies, including three 6+% yielding dividend aristocrats.

My Top 5 Blue-Chip Bargains For October Yield 4.3% With 19% Income Growth Potential

Robust growth and secular tailwinds should help drive this tech titan to new heights.

Meet the Unstoppable Growth Stock That Could Join Apple, Nvidia, and Microsoft in the $3 Trillion Club by 2029

Uber

Holiday cheer typically sends the stock market higher in the fourth quarter.

The S&P 500 Usually Goes Up in the 4th Quarter: 2 Stocks to Buy Now That Are Highly Rated by Wall Street

Amazon has implemented new generative artificial intelligence (GenAI) technology in an attempt to improve product research and personalize shopping recommendations on its eCommerce platform, joining a growing trend of AI adoption in online retail. The eCommerce giant introduced AI Shopping Guides on Wednesday (Oct. 9) to simplify product research for consumers.

Amazon Adds GenAI Shopping Guides to Personalize eCommerce Experience

Three Amazon executives in charge of developing new technologies for checking out of physical stores – including Just Walk Out, Dash Carts, and Amazon One – are leaving or have left the division, TechCrunch has learned. In addition, a former high-ranking advertising executive at Amazon, Colleen Aubrey, was recently put in charge of Just Walk Out as one of her many responsibilities.

Amazon team in charge of Just Walk Out loses three execs, gains one

Amazon hosted its Prime Big Deal Days on Tuesday and Wednesday – a two-day event that offered a slew of deals and promotions to its members.

Amazon Prime Big Deal Days breaks record as company's biggest October shopping event

Amazon (AMZN) shares advanced as the biggest online retailer said its Prime Day event this week was record-setting.

Amazon Sets an October Event Sales Record as Retailers Eye the Holiday Season

Alibaba

Billionaire investor David Tepper has a better track record in the stock market than his Carolina Panthers National Football League team has on the gridiron this year.

NFL Team Owner David Tepper's #1 Stock to Buy: BABA vs. AMZN

When Charlie Neiman arrived at Amazon in 2016, the company had never streamed a live event, let alone live sports.

Amazon bets big on sports streaming in bid to boost Prime memberships, advertising revenue

Amazon stock gained Thursday after it said that its two-day Prime Big Deal Days was its biggest ever October shopping event.

Amazon Stock Retakes Key Level As E-Commerce Giant Reports 'Record' October Deals Event

Amazon.com Inc. said Thursday its Prime Big Deal Days was its biggest October shopping event ever, as Prime members took advantage of early holiday deals, pushing sales and number of items sold higher than during previous promotions.

Amazon's Prime Big Deal Days was its biggest-ever October shopping event

SEATTLE--(BUSINESS WIRE)--Amazon announced that Prime Big Deal Days was its biggest October shopping event ever.

News for Amazon Stock (AMZN)