Amazon.com (AMZN) FY2022 results: revenue $514.0 billion, up 9.4% on the year
Amazon.com Inc. (AMZN) reported revenue of $514.0 billion for fiscal 2022, the year ended 31 December 2022, up 9.4% on the year before. Net income was -$2.7 billion, and diluted earnings per share $-0.27. The figures are the company's own, from the 10-K it filed with the SEC on 3 February 2023.
Revenue
$514.0 billion
+9.4% on the year
FY2015FY2022
Operating margin
2.4%
5.3% a year earlier
FY2015FY2022
Net income
-$2.7 billion
FY2015FY2022
Diluted EPS
-$0.27
FY2015FY2022
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
FY2022
FY2021
FY2020
On the year
Last 8 years
Operating cash flow
46,752
46,327
66,064
+0.9%
Capital expenditure
63,645
61,053
40,140
+4.2%
Free cash flow
-16,893
-14,726
25,924
Free cash flow margin
-3.3%
-3.1%
6.7%
Cash from investing
-37,601
-58,154
-59,611
Cash from financing
9,718
6,291
-1,104
+54.5%
Depreciation and amortisation
41,921
34,433
25,180
+21.7%
Share-based compensation
19,621
12,757
9,208
+53.8%
Buybacks
6,000
0.0
0.0
Diluted shares, weighted
10,189m
10,300m
10,200m
-1.1%
Shares outstanding at period end
10,242m
10,180m
10,060m
+0.6%
Balance sheet
$ million
FY2022
FY2021
FY2020
On the year
Last 8 years
Shareholders' equity
146,043
138,245
93,404
+5.6%
Short-term borrowings
1,200
318
n/a
+277.4%
Debt
70,542
50,553
33,174
+39.5%
Operating lease liabilities
61,582
51,981
34,513
+18.5%
Finance lease liabilities
11,386
15,670
18,060
-27.3%
Other liabilities
171,922
163,782
142,044
+5.0%
Total liabilities and equity
462,675
420,549
321,195
+10.0%
Goodwill
20,288
15,371
15,017
+32.0%
Intangible assets
6,097
5,107
4,981
+19.4%
Investments
16,138
59,829
42,274
-73.0%
Cash and equivalents
53,888
36,220
42,122
+48.8%
Receivables
42,360
32,891
24,542
+28.8%
Inventory
34,405
32,640
23,795
+5.4%
Other assets
289,499
238,491
168,464
+21.4%
Total assets
462,675
420,549
321,195
+10.0%
10-K for the year ended 31 December 2022, filed 3 February 2023: the filing.