AMAZON.COM, INC. (AMZN) FY2025 Q2 Statement of Cash Flows

Income StatementCash FlowBalance Sheet

Statement of Cash Flows

2025-04-01 to 2025-06-30

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AMAZON.COM, INC. cash flow reconciliation, Apr 1, 2025 through Jun 30, 2025One connected Sankey reconciles operating, investing and financing net cash flows through a shared cash pool, from beginning cash to ending cash. Ribbons flow left to right on one dollar scale. Activity totals are dark gray; beginning and ending cash are blue. Cash basis for beginning and ending balances and net cash change: Cash, cash equivalents, and restricted cash. Intermediate calculation bars are lighter gray. Net income is green for profit and red for loss. Identified asset purchases, sales and maturities are blue in either cash direction. Orange marks positive customer-advance and deferred-revenue changes that add to operating cash in the reconciliation. These are net changes, not gross customer receipts. Negative changes are neutral reconciliation adjustments; they do not by themselves identify cash payments. Purple identifies capital transactions such as borrowing, repayments, share issuance and dividends. Free cash flow is a separate comparison, not an added cash flow. Read chart description and values below for full signed amounts, including zero items.Net income → Net cash from operating activities: $18,164,000,000.00Depreciation and amortization of property and equipment and capitalized content costs, operating lease assets, and other → Operating adjustments reconciliation: $15,227,000,000.00Accounts payable → Operating adjustments reconciliation: $7,058,000,000.00Stock-based compensation → Operating adjustments reconciliation: $6,534,000,000.00Deferred income taxes → Operating adjustments reconciliation: $11,000,000.00Operating adjustments reconciliation → Net cash from operating activities: $14,351,000,000.00Operating adjustments reconciliation → Accrued expenses and other: $4,952,000,000.00Operating adjustments reconciliation → Inventories: $4,054,000,000.00Operating adjustments reconciliation → Other assets: $2,971,000,000.00Operating adjustments reconciliation → Non-operating expense (income), net: $1,258,000,000.00Operating adjustments reconciliation → Accounts receivable, net and other: $1,125,000,000.00Operating adjustments reconciliation → Unearned revenue: $119,000,000.00Sales and maturities of marketable securities → investing reconciliation: $11,441,000,000.00Proceeds from property and equipment sales and incentives → investing reconciliation: $815,000,000.00investing reconciliation → Purchases of property and equipment: $32,183,000,000.00investing reconciliation → Purchases of marketable securities: $17,797,000,000.00investing reconciliation → Acquisitions, net of cash acquired, non-marketable investments, and other, net: $1,700,000,000.00Net cash used in financing activities → financing reconciliation: $2,539,000,000.00Proceeds from short-term debt, and other → financing reconciliation: $2,093,000,000.00financing reconciliation → Repayments of long-term debt: $2,751,000,000.00financing reconciliation → Repayments of short-term debt, and other: $1,392,000,000.00financing reconciliation → Principal repayments of finance leases: $411,000,000.00financing reconciliation → Principal repayments of financing obligations: $78,000,000.00Net cash used in investing activities → investing reconciliation: $39,424,000,000.00Exchange-rate effect → Cash sources and uses: $1,008,000,000.00Beginning cash: Cash, cash equivalents, and restricted cash → Cash sources and uses: $69,893,000,000.00Net cash from operating activities → Cash sources and uses: $32,515,000,000.00Cash sources and uses → Ending cash: Cash, cash equivalents, and restricted cash: $61,453,000,000.00Cash sources and uses → Net cash used in investing activities: $39,424,000,000.00Cash sources and uses → Net cash used in financing activities: $2,539,000,000.00Net income: $18,164,000,000.00Net income+$18.16 BDepreciation and amortization of property and equipment and capitalized content costs, operating lease assets, and other: $15,227,000,000.00Depreciation & amortization+$15.23 BStock-based compensation: $6,534,000,000.00Stock-based compensation+$6.53 BNon-operating expense (income), net: -$1,258,000,000.00Other non-cash items−$1.26 BDeferred income taxes: $11,000,000.00Deferred income taxes+$11.00 MInventories: -$4,054,000,000.00Inventories−$4.05 BAccounts receivable, net and other: -$1,125,000,000.00Receivables & other assets−$1.13 BAccounts payable: $7,058,000,000.00Accounts payable+$7.06 BAccrued expenses and other: -$4,952,000,000.00Accrued & other liabilities−$4.95 BUnearned revenue: -$119,000,000.00Deferred revenue−$119.00 MOther assets: -$2,971,000,000.00Other noncurrent assets−$2.97 BNet cash from operating activities: $32,515,000,000.00Operating cash+$32.52 BOperating adjustments reconciliation: $28,830,000,000.00Principal repayments of finance leases: -$411,000,000.00Finance lease payments−$411.00 MPrincipal repayments of financing obligations: -$78,000,000.00Financing obligations repaid−$78.00 MRepayments of short-term debt, and other: -$1,392,000,000.00Short-term debt repaid−$1.39 BProceeds from short-term debt, and other: $2,093,000,000.00Short-term debt issued+$2.09 BProceeds from long-term debt: $0.00Repayments of long-term debt: -$2,751,000,000.00Long-term debt repaid−$2.75 BNet cash used in financing activities: -$2,539,000,000.00. Cash required to fund net payments.Financing cash−$2.54 Bfinancing reconciliation: $4,632,000,000.00Purchases of property and equipment: -$32,183,000,000.00Capital expenditures−$32.18 BProceeds from property and equipment sales and incentives: $815,000,000.00PP&E sales & incentives+$815.00 MAcquisitions, net of cash acquired, non-marketable investments, and other, net: -$1,700,000,000.00Acquisitions, net of cash−$1.70 BSales and maturities of marketable securities: $11,441,000,000.00Marketable securities proceeds+$11.44 BPurchases of marketable securities: -$17,797,000,000.00Marketable securities purchases−$17.80 BNet cash used in investing activities: -$39,424,000,000.00. Cash required to fund net payments.Investing cash−$39.42 Binvesting reconciliation: $51,680,000,000.00Cash sources and uses: $103,416,000,000.00Beginning cash: Cash, cash equivalents, and restricted cash: $69,893,000,000.00Beginning cash$69.89 BEnding cash: Cash, cash equivalents, and restricted cash: $61,453,000,000.00Ending cash$61.45 BExchange-rate effect: $1,008,000,000.00FX effect+$1.01 BCASH RECONCILIATIONOperatingflowsInvestingflowsFinancingflowsFree cash flow$332.00 MOperating cash − cash spent on productive assetsCash flow / Net income1.79×Operating cash flow ÷ net incomeNet cash change−$8.44 BEnding cash − beginning cash
Chart details

AMAZON.COM, INC. cash flow reconciliation, Apr 1, 2025 through Jun 30, 2025

Cash flows for Apr 1, 2025 through Jun 30, 2025. Cash basis: Cash, cash equivalents, and restricted cash. Beginning cash: Mar 31, 2025. Ending cash: Jun 30, 2025. Beginning and ending cash are dated balances. Positive cash flows add cash; negative cash flows reduce it.

Beginning cash on Mar 31, 2025
69,893,000,000 US dollars. Beginning cash: Cash, cash equivalents, and restricted cash
Operating activities
32,515,000,000 US dollars. Net cash provided.
Net income
18,164,000,000 US dollars
Depreciation and amortization of property and equipment and capitalized content costs, operating lease assets, and other
15,227,000,000 US dollars
Stock-based compensation
6,534,000,000 US dollars
Non-operating expense (income), net
negative 1,258,000,000 US dollars
Deferred income taxes
11,000,000 US dollars
Inventories
negative 4,054,000,000 US dollars
Accounts receivable, net and other
negative 1,125,000,000 US dollars
Accounts payable
7,058,000,000 US dollars
Accrued expenses and other
negative 4,952,000,000 US dollars
Unearned revenue
negative 119,000,000 US dollars
Other assets
negative 2,971,000,000 US dollars
Investing activities
negative 39,424,000,000 US dollars. Net cash used.
Purchases of property and equipment
negative 32,183,000,000 US dollars
Proceeds from property and equipment sales and incentives
815,000,000 US dollars
Acquisitions, net of cash acquired, non-marketable investments, and other, net
negative 1,700,000,000 US dollars
Sales and maturities of marketable securities
11,441,000,000 US dollars
Purchases of marketable securities
negative 17,797,000,000 US dollars
Financing activities
negative 2,539,000,000 US dollars. Net cash used.
Principal repayments of finance leases
negative 411,000,000 US dollars
Principal repayments of financing obligations
negative 78,000,000 US dollars
Repayments of short-term debt, and other
negative 1,392,000,000 US dollars
Proceeds from short-term debt, and other
2,093,000,000 US dollars
Proceeds from long-term debt
0 US dollars
Repayments of long-term debt
negative 2,751,000,000 US dollars
Operating adjustment reconciliation
28,830,000,000 US dollars. Intermediate calculation joining the operating reconciliation branches. Its gross amount includes any portion of net income routed through this junction. It is not an additional cash source or use.
financing gross reconciliation
4,632,000,000 US dollars. Gross amount at the activity's junction before offsetting its receipts and deductions. It is not an additional cash source or use.
investing gross reconciliation
51,680,000,000 US dollars. Gross amount at the activity's junction before offsetting its receipts and deductions. It is not an additional cash source or use.
Exchange-rate effect
1,008,000,000 US dollars
Ending cash on Jun 30, 2025
61,453,000,000 US dollars. Ending cash: Cash, cash equivalents, and restricted cash
Cash sources and uses
103,416,000,000 US dollars. Opening cash plus net sources, equal to net uses plus ending cash.
Net cash change
negative 8,440,000,000 US dollars. Ending cash minus beginning cash.
Cash flow / Net income
1.79×. Operating cash flow divided by reconciliation net income for the same period. Black from 0.90× through 1.10×; green above 1.10×; red below 0.90×. Color uses the unrounded ratio.
Operating cash flow
32,515,000,000 US dollars. Operating cash flow used in the free cash flow calculation.
cash spent on productive assets
32,183,000,000 US dollars. These cash purchases are already included in investing activities above.
Free cash flow
332,000,000 US dollars. A supplemental measure; finance-lease payments are excluded from this definition.

Chart connections

  • Beginning cash plus operating, investing and financing cash flows plus the exchange-rate effect equals ending cash. Negative amounts reduce cash.
  • Financing contributions meet at a reconciliation junction before connecting to the net cash total.
  • Investing contributions meet at a reconciliation junction before connecting to the net cash total.
  • Operating reconciliation adjustments are not all independent cash receipts.
  • Net income enters operating cash directly in the reconciliation. The adjustment junction contributes the remaining $14.35B after reconciling the other positive and negative adjustments. These connections depict an accounting reconciliation, not traced cash receipts.
  • Each activity has one net cash bar connected to the shared cash pool. Positive activity totals enter the pool; negative activity totals leave the pool to fund that activity's net payments. The central pool does not assign a particular funding source to a particular payment.
  • The intermediate calculation bars include both sides of the displayed activity breakdowns; they are not additional cash flows.
  • Operating cash flow minus cash spent on productive assets equals free cash flow: 32,515,000,000 US dollars minus 32,183,000,000 US dollars equals 332,000,000 US dollars.
AMAZON.COM, INC. (AMZN) FY2025 Q2 Statement of Cash Flows Sankey chart
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