Amazon.com (AMZN) FY2012 results: revenue $61.1 billion, up 27.1% on the year
Amazon.com Inc. (AMZN) reported revenue of $61.1 billion for fiscal 2012, the year ended 31 December 2012, up 27.1% on the year before. Net income was -$39 million, and diluted earnings per share $-0.00. The figures are the company's own, from the 10-K it filed with the SEC on 30 January 2013.
Revenue
$61.1 billion
+27.1% on the year
FY2007FY2012
Operating margin
1.1%
1.8% a year earlier
FY2007FY2012
Net income
-$39 million
FY2007FY2012
Diluted EPS
-$0.00
FY2007FY2012
this yearthe year beforeHover a bar for its figure.
The year in brief
Income statement (profit and loss)
$ million
FY2012
FY2011
FY2010
On the year
Last 8 years
Revenue
61,093
48,077
34,204
+27.1%
Cost of revenue
45,971
37,288
26,561
+23.3%
Gross profit
15,122
10,789
7,643
+40.2%
Gross margin
24.8%
22.4%
22.3%
Operating income
676
862
1,406
-21.6%
Operating margin
1.1%
1.8%
4.1%
Interest expense
92.0
65.0
39.0
+41.5%
Pre-tax income
544
934
1,497
-41.8%
Income tax
428
291
352
+47.1%
Effective tax rate
78.7%
31.2%
23.5%
Net income
-39.0
631
1,152
Net margin
-0.1%
1.3%
3.4%
Diluted EPS
-$0.00
$0.07
$0.13
$ million except per share. Read moreFree cash flow is operating cash flow less capital expenditure; the effective tax rate is income tax over pre-tax income; margins are the line over revenue. Gross profit is revenue less cost of revenue, and operating income is revenue less the company's own total costs, where the statement does not print those lines. Those four are arithmetic on the filed numbers; everything else is as filed. Money is in $ million as the company files it, or in $ billion by the switch above the tables; per share figures and share counts are as they are.
Cash flow
$ million
FY2012
FY2011
FY2010
On the year
Last 8 years
Operating cash flow
4,180
3,903
3,495
+7.1%
Capital expenditure
3,785
1,811
979
+109.0%
Free cash flow
395
2,092
2,516
-81.1%
Free cash flow margin
0.6%
4.4%
7.4%
Cash from investing
-3,595
-1,930
-3,360
Cash from financing
2,259
-482
181
Depreciation and amortisation
1,653
1,034
552
+59.9%
Share-based compensation
833
557
424
+49.6%
Buybacks
960
277
n/a
+246.6%
Diluted shares, weighted
9,060m
9,220m
9,120m
-1.7%
Shares outstanding at period end
9,080m
9,100m
9,020m
-0.2%
Balance sheet
$ million
FY2012
FY2011
FY2010
On the year
Last 8 years
Shareholders' equity
8,192
7,757
6,864
+5.6%
Debt
3,691
384
184
+861.2%
Other liabilities
20,672
17,137
11,749
+20.6%
Total liabilities and equity
32,555
25,278
18,797
+28.8%
Fixed assets
7,060
4,417
2,414
+59.8%
Goodwill
2,552
1,955
1,349
+30.5%
Intangible assets
725
647
563
+12.1%
Investments
3,364
4,307
4,985
-21.9%
Cash and equivalents
8,084
5,269
3,777
+53.4%
Receivables
3,817
2,571
1,587
+48.5%
Inventory
6,031
4,992
3,202
+20.8%
Other assets
922
1,120
920
-17.7%
Total assets
32,555
25,278
18,797
+28.8%
10-K for the year ended 31 December 2012, filed 30 January 2013: the filing.