amazon

Q3 2024 Financial Results Conference Call Slides

This presentation may contain forward-looking statements which are inherently difficult to predict. Actual results and outcomes could differ materially for a variety of reasons, including, among others, fluctuations in foreign exchange rates, changes in global economic conditions and customer demand and spending, inflation, interest rates, regional labor market constraints, world events, the rate of growth of the internet, online commerce, cloud services, and new and emerging technologies, the amount that Amazon.com invests in new business opportunities and the timing of those investments, the mix of products and services sold to customers, the mix of net sales derived from products as compared with services, the extent to which we owe income or other taxes, competition, management of growth, potential fluctuations in operating results, international growth and expansion, the outcomes of claims, litigation, government investigations, and other proceedings, fulfillment, sortation, delivery, and data center optimization, risks of inventory management, variability in demand, the degree to which the Company enters into, maintains, and develops commercial agreements, proposed and completed acquisitions and strategic transactions, payments risks, and risks of fulfillment throughput and productivity. Other risks and uncertainties include, among others, risks related to new products, services, and technologies, security breaches, system interruptions, government regulation and taxation, and fraud. In addition, global economic and geopolitical conditions and additional or unforeseen circumstances, developments, or events may give rise to or amplify many of these risks. More information about factors that potentially could affect Amazon.com's financial results is included in Amazon.com's filings with the Securities and Exchange Commission ("SEC"), including its most recent Annual Report on Form 10-K and subsequent filings.

Additional information relating to certain of our financial measures contained herein, including nonGAAP financial measures, is available in the appendix to our presentation, our most recent earnings release and at our website at www.amazon.com/ir.

Net Sales


Net Sales - TTM (1)


Operating Income


• (1) Information throughout this presentation regarding the effect of foreign exchange rates, versus the U.S. Dollar, on our net sales and operating income is provided to show reported period operating results had the foreign exchange rates remained the same as those in effect in the comparable prior year periods.
Operating Income - TTM


Net Income

MM


Net Income - TTM


Segment Results - North America

Segment Results - International

Segment Results - AWS

Free Cash Flow - TTM (1)


• (1) Free cash flow is cash flow from operations reduced by 'Purchases of property and equipment, net of proceeds from sales and incentives.' See Appendix for a reconciliation of operating cash flow to free cash flow.
• (2) Operating cash flow increased 57% Y/Y.
Free Cash Flow Less Principal Repayments of Finance Leases and Financing Obligations - TTM (1)

MM


• (1) Free cash flow less principal repayments of finance leases and financing obligations is free cash flow reduced by 'Principal repayments of finance leases' and 'Principal repayments of financing obligations.' See Appendix for a reconciliation of non-GAAP measures.
• (2) Operating cash flow increased 57% Y/Y.
Free Cash Flow Less Equipment Finance Leases and Principal Repayments of All Other Finance Leases and Financing Obligations - TTM (1)


• (1) Free cash flow less equipment finance leases and principal repayments of all other finance leases and financing obligations is free cash flow reduced by equipment acquired under finance leases, which is included in 'Property and equipment acquired under finance leases, net of remeasurements and modifications,' principal repayments of all other finance lease liabilities, which is included in 'Principal repayments of finance leases,' and 'Principal repayments of financing obligations.' See Appendix for a reconciliation of non-GAAP measures.
• (2) Operating cash flow increased 57% Y/Y.

Shares

amazon



Appendix

Free Cash Flow Reconciliation - TTM



Free Cash Flow Less Principal Repayments of Finance Leases and Financing Obligations Reconciliation - TTM



Free Cash Flow Less Equipment Finance Leases and Principal Repayments of All Other Finance Leases and Financing Obligations Reconciliation - TTM