Amazon Q2 net sales up 7% to $121.2B but net loss $2.0B on Rivian charge

AMAZON COM INC

2022-Q2 EPS reported -$0.58 revenue$237,678,000,000

Net sales $121.2B (+7% YoY); excluding $3.6B FX headwind, growth 10%.
Operating income $3.3B, down 57% from $7.7B in Q2 2021.
Net loss $2.0B ($0.20 diluted EPS) vs net income $7.8B ($0.76) prior year; includes $3.9B pre-tax loss on Rivian investment.
TTM free cash flow outflow $23.5B vs inflow $12.1B prior year; operating cash flow $35.6B, down 40%.
AWS won major new clients including Delta Air Lines and BT as preferred cloud provider.

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