AMAZON.COM, INC. (AMZN) FY2024 Q1 P&L / Income Statement

AMAZON.COM, INC. (AMZN) FY2024 Q1 P&L / Income Statement

Income statement for 2024-01-01 through 2024-03-31. View: Product and service (7 categories). Revenue uses this breakdown; costs and expenses retain the consolidated categories.

Total net sales

143,313,000,000 US dollars

Cost of sales

72,633,000,000 US dollars

Gross profit (calculated)

70,680,000,000 US dollars

Operating expenses (calculated)

55,373,000,000 US dollars

Operating income

15,307,000,000 US dollars

Total non-operating expense

negative 2,324,000,000 US dollars

Income before income taxes

12,983,000,000 US dollars

Provision for income taxes

2,467,000,000 US dollars

Net income

10,431,000,000 US dollars

Online stores

54,670,000,000 US dollars

Physical stores

5,202,000,000 US dollars

Third-party seller services

34,596,000,000 US dollars

Advertising services

11,824,000,000 US dollars

Subscription services

10,722,000,000 US dollars

Amazon Web Services

25,037,000,000 US dollars

Other

1,262,000,000 US dollars

Fulfillment

22,317,000,000 US dollars

Sales and marketing

9,662,000,000 US dollars

Technology and infrastructure

20,424,000,000 US dollars

General and administrative

2,742,000,000 US dollars

Other operating expense (income), net

228,000,000 US dollars

Equity-method investment activity, net of tax

negative 85,000,000 US dollars. Reported below-tax contribution to net income.

Chart connections

• Revenue less cost of revenue equals gross profit; gross profit less operating expenses equals operating income.
• Operating income plus other income or expense equals income before tax. Income before tax less income tax expense or benefit, plus the explicitly reported below-tax contributions, equals net income.