earnings
confidence high
sentiment positive
materiality 0.85
Amazon Q3 net sales $143.1B (+13% YoY); operating income $11.2B, more than 4x YoY
AMAZON COM INC
2023-Q3 EPS reported
$1.89
revenue$404,824,000,000
- Net income $9.9B ($0.94 diluted EPS) vs $2.9B ($0.28) YoY; includes $1.2B gain on Rivian investment.
- AWS segment operating income $7.0B, up 30% YoY; North America segment swung to $4.3B operating income from loss.
- Trailing twelve-month free cash flow improved to $21.4B inflow from $19.7B outflow; operating cash flow $71.7B (+81%).
- North America net sales $87.9B (+11%), International $32.1B (+16%), AWS $23.1B (+12%).
- No Q4 guidance provided; CEO cites strong momentum in fulfillment, AWS generative AI, and advertising.