Amazon.com (AMZN) FY2015 results: revenue $107.0 billion, up 20.2% on the year
Amazon.com Inc. (AMZN) reported revenue of $107.0 billion for fiscal 2015, the year ended 31 December 2015, up 20.2% on the year before. Net income was $596 million, and diluted earnings per share $0.06. The figures are the company's own, from the 10-K it filed with the SEC on 29 January 2016.
Revenue
$107.0 billion
+20.2% on the year
FY2008FY2015
Operating margin
2.1%
0.2% a year earlier
FY2008FY2015
Net income
$596 million
FY2008FY2015
Diluted EPS
$0.06
FY2008FY2015
this yearthe year beforeHover a bar for its figure.
The year in brief
Income statement (profit and loss)
$ million
FY2015
FY2014
FY2013
On the year
Last 8 years
Revenue
107,006
88,988
74,452
+20.2%
Cost of revenue
71,651
62,752
54,181
+14.2%
Gross profit
35,355
26,236
20,271
+34.8%
Gross margin
33.0%
29.5%
27.2%
Operating income
2,233
178
745
+1,154.5%
Operating margin
2.1%
0.2%
1.0%
Interest expense
459
210
141
+118.6%
Pre-tax income
1,568
-111
506
Income tax
950
167
161
+468.9%
Effective tax rate
60.6%
n/a
31.8%
Net income
596
-241
274
Net margin
0.6%
-0.3%
0.4%
Diluted EPS
$0.06
-$0.03
$0.03
$ 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
FY2015
FY2014
FY2013
On the year
Last 8 years
Operating cash flow
12,039
6,842
5,475
+76.0%
Capital expenditure
4,589
4,893
3,444
-6.2%
Free cash flow
7,450
1,949
2,031
+282.2%
Free cash flow margin
7.0%
2.2%
2.7%
Cash from investing
-6,450
-5,065
-4,276
Cash from financing
-3,882
4,432
-539
Depreciation and amortisation
6,281
3,616
2,460
+73.7%
Share-based compensation
2,119
1,497
1,134
+41.5%
Buybacks
n/a
0.0
0.0
Diluted shares, weighted
9,540m
9,240m
9,300m
+3.2%
Shares outstanding at period end
9,420m
9,300m
9,180m
+1.3%
Balance sheet
$ million
FY2015
FY2014
FY2013
On the year
Last 8 years
Shareholders' equity
13,384
10,741
9,746
+24.6%
Debt
8,562
9,881
3,967
-13.3%
Other liabilities
42,801
33,883
26,446
+26.3%
Total liabilities and equity
64,747
54,505
40,159
+18.8%
Fixed assets
21,838
16,967
10,949
+28.7%
Goodwill
3,759
3,319
2,655
+13.3%
Intangible assets
992
764
645
+29.8%
Investments
3,918
2,859
3,789
+37.0%
Cash and equivalents
15,890
14,557
8,658
+9.2%
Receivables
5,654
5,612
4,767
+0.7%
Inventory
10,243
8,299
7,411
+23.4%
Other assets
2,453
2,128
1,285
+15.3%
Total assets
64,747
54,505
40,159
+18.8%
10-K for the year ended 31 December 2015, filed 29 January 2016: the filing.