earnings
confidence high
sentiment negative
materiality 0.85
Amazon Q1 net loss $3.8B on Rivian charge; revenue $116.4B +7% YoY
AMAZON COM INC
2022-Q1 EPS reported
-$7.56
revenue$116,444,000,000
- Net sales $116.4B, +7% YoY; excluding FX +9% YoY.
- Operating income $3.7B vs $8.9B YoY; net loss $3.8B ($7.56/diluted sh) vs net income $8.1B ($15.79/diluted sh).
- Net loss includes $7.6B pre-tax unrealized loss on Rivian common stock investment.
- TTM operating cash flow $39.3B, down 41%; free cash outflow $18.6B vs inflow $26.4B a year ago.
- AWS revenue grew 37% YoY; CEO cites inflationary and supply chain pressures ahead.