secwatch.observer — SEC 8-K summary
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Issuer:     AMAZON COM INC (AMZN)
CIK:        0001018724
Form:       8-K
Filed at:   2022-07-28T23:59:59+00:00
Accession:  0001018724-22-000017
Event type: earnings
Sentiment:  negative
Materiality: 0.80
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1018724/000101872422000017/0001018724-22-000017-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1018724/000101872422000017/amzn-20220728.htm
  HTML page:      https://secwatch.observer/filing/0001018724-22-000017

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer