Amazon.com (AMZN) FY2021 results: revenue $469.8 billion, up 21.7% on the year
Amazon.com Inc. (AMZN) reported revenue of $469.8 billion for fiscal 2021, the year ended 31 December 2021, up 21.7% on the year before. Net income was $33.4 billion, up 56.4%, and diluted earnings per share $3.24. The figures are the company's own, from the 10-K it filed with the SEC on 4 February 2022.
Revenue
$469.8 billion
+21.7% on the year
FY2014FY2021
Operating margin
5.3%
5.9% a year earlier
FY2014FY2021
Net income
$33.4 billion
+56.4% on the year
FY2014FY2021
Diluted EPS
$3.24
+54.9% on the year
FY2014FY2021
this yearthe year beforeHover a bar for its figure.
$ 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
FY2021
FY2020
FY2019
On the year
Last 8 years
Operating cash flow
46,327
66,064
38,514
-29.9%
Capital expenditure
61,053
40,140
16,861
+52.1%
Free cash flow
-14,726
25,924
21,653
Free cash flow margin
-3.1%
6.7%
7.7%
Cash from investing
-58,154
-59,611
-24,281
Cash from financing
6,291
-1,104
-10,066
Depreciation and amortisation
34,433
25,180
21,789
+36.7%
Share-based compensation
12,757
9,208
6,864
+38.5%
Buybacks
0.0
0.0
n/a
Diluted shares, weighted
10,300m
10,200m
10,080m
+1.0%
Shares outstanding at period end
10,180m
10,060m
9,960m
+1.2%
Balance sheet
$ million
FY2021
FY2020
FY2019
On the year
Last 8 years
Shareholders' equity
138,245
93,404
62,060
+48.0%
Short-term borrowings
318
n/a
n/a
Debt
50,553
33,174
24,820
+52.4%
Operating lease liabilities
51,981
34,513
22,696
+50.6%
Finance lease liabilities
15,670
18,060
17,095
-13.2%
Other liabilities
163,782
142,044
98,577
+15.3%
Total liabilities and equity
420,549
321,195
225,248
+30.9%
Fixed assets
n/a
n/a
72,705
Goodwill
15,371
15,017
14,754
+2.4%
Intangible assets
5,107
4,981
4,049
+2.5%
Investments
59,829
42,274
18,929
+41.5%
Cash and equivalents
36,220
42,122
36,092
-14.0%
Receivables
32,891
24,542
20,816
+34.0%
Inventory
32,640
23,795
20,497
+37.2%
Other assets
238,491
168,464
37,406
+41.6%
Total assets
420,549
321,195
225,248
+30.9%
10-K for the year ended 31 December 2021, filed 4 February 2022: the filing.