Amazon.com, Inc.

AMZN
Sector

Consumer Discretionary

Industry

E-commerce

Market Cap

$2.22T

Employees

1.5M

Company Overview

Amazon.com, Inc. is a global technology company focused on e-commerce, cloud computing, digital streaming, and artificial intelligence. It generates revenue primarily through online and physical retail sales, third-party seller services, Amazon Web Services (AWS), subscription services (like Amazon Prime), and advertising. Amazon competes on selection, price, and convenience, leveraging its extensive fulfillment network and technological innovation.

Filing Highlights

Key insights and themes extracted from this filing

10 Themes

Financial Performance

3 Insights

Amazon reported a 12% increase in net sales in 2023, reaching $574.785 billion. This growth was driven by increased unit sales, particularly by third-party sellers, advertising sales, and subscription services, along with the company's continued focus on price, selection, and convenience.

Operating income surged to $36.852 billion in 2023 from $12.248 billion in 2022. This improvement was primarily driven by increased unit sales and advertising sales, partially offset by higher shipping and fulfillment costs, and increased technology and infrastructure costs.

Cash flow from operating activities rose to $84.946 billion in 2023 from $46.752 billion in 2022. This increase was primarily due to higher net income and favorable changes in working capital.

Growth & Strategy

3 Insights

Management Execution

3 Insights

Risk Factors

3 Insights

Competitive Position

3 Insights

Operational Efficiency

3 Insights

Innovation & Technology

3 Insights

Capital Allocation

3 Insights

ESG Initiatives

3 Insights

Market Environment

3 Insights