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

Revenue by Business Segment

2024-01-01 to 2024-03-31

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AMAZON.COM, INC. (AMZN) FY2024 Q1 P&L / Income StatementIncome statement for 2024-01-01 through 2024-03-31. View: Business segment. Revenue uses this breakdown; costs and expenses retain the consolidated categories.SOURCESREVENUEGROSSOPERATINGPRE-TAXNETNorth AmericaInternationalAmazon Web Services SegmentTotal net salesGross profit (calculated)Cost of salesOperating incomeOperating expenses (calculated)FulfillmentTechnology and infrastructureSales and marketingGeneral and administrativeOther operating expense (income), netIncome before income taxesTotal non-operating expenseNet incomeProvision for income taxesEquity-method investment activity, net of taxGross profit (calculated)Gross profit(calculated)$70.68 BTotal net salesTotal net sales$143.31 BOperating incomeOperating income$15.31 BIncome before income taxesPretax income$12.98 BNet incomeNet income$10.43 BOperating expenses (calculated)Operating expenses(calculated)$55.37 BNorth AmericaNorth America$86.34 BProvision for income taxesProvision forincome taxes$2.47 BFulfillmentFulfillment$22.32 BTotal non-operating expenseTotal non-operatingexpense−$2.32 BCost of salesCost of sales$72.63 BTechnology and infrastructureTechnology and infrastructure$20.42 BEquity-method investment activity, net of taxEquity-methodinvestmentactivity, net of tax−$85.00 MInternationalInternational$31.94 BSales and marketingSales and marketing$9.66 BAmazon Web Services SegmentAWS$25.04 BGeneral and administrativeGeneral and administrative$2.74 BOther operating expense (income), netOther operatingexpense (income), net$228.00 M
Chart details

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

Income statement for 2024-01-01 through 2024-03-31. View: Business segment. 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
North America
86,341,000,000 US dollars
International
31,935,000,000 US dollars
Amazon Web Services Segment
25,037,000,000 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.
AMAZON.COM, INC. (AMZN) FY2024 Q1 Revenue by Business Segment Sankey chart
Free to share unchanged, with credit to Plicit.ai · CC BY-NC-ND 4.0Download PNG

Gross margin

49.3%

Gross profit / revenue

Operating margin

10.7%

Operating profit / revenue

Cash conversion

182.0%

Operating cash / net income, same period

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