143B 15.8%
Total Revenue QoQ (USD) - Q1 '24

Income Statement (USD)

Q1 '24 QoQ
Revenue 143B 15.8%
Gross Profit 56.6B 43.7%
Cost of Revenue 86B 33.8%
Operating expense 13.3B 66%
Net Income 10.4B 1.8%
EBITDA 14.5B 12%

Balance Sheet (USD)

Q1 '24 QoQ
Total Assets 531B 0.6%
Total Liabilities 314B 3.6%
Total Equity 217B 7.3%
Shares Outstanding 10.4B 0.2%

Cash Flow (USD)

Q1 '24 QoQ
Cash from operations 19B 55.3%
Cash from investing -17.9B 41.8%
Cash from financing -1.26B 81.4%

EPS

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Financial Highlights for Amazon in Q1 '24

Amazon reported a revenue of 143B, which is a -15.8% change from the previous quarter. An increase in revenue typically indicates growing demand for the company's products or services. A decline in revenue can be concerning, as it might indicate reduced sales or challenges in the market. It's important to investigate further to understand the underlying causes.

Gross Profit stood at 56.6B, marking a 43.7% change since the last quarter. Gross profit showcases the efficiency in production and sales processes.

Cost of Revenue was 86B, a -33.8% difference from the previous quarter. A rising cost of revenue may suggest increased production or sales costs, which can impact margins. However, if accompanied by a proportionate rise in revenue, it could indicate scaling operations.

Operating Expenses for this period were 13.3B, showing a -66% change from the last quarter. Operating expenses cover the costs of running daily business operations. A significant increase might indicate inefficiencies or investments in growth, while a decrease could suggest cost-saving measures or potential underinvestment in key areas.

Net Income for the quarter was 10.4B, showing a -1.8% change from the prior quarter. Net income provides a clear picture of the company's profitability after all expenses. An increase suggests the company is becoming more profitable, while a decrease may raise concerns about the company's financial health, unless there are specific one-time costs or investments.

The company's EBITDA for the quarter was 14.5B, showing a -12% change from the previous period. EBITDA gives insight into the company's operational profitability, excluding non-operating expenses like interest and taxes. A rising EBITDA indicates strong operational performance, while a declining EBITDA may signal operational challenges or increased costs.

Amazon faced some challenges this quarter with a decline in one or more of the key metrics: revenue, gross profit, or net income. A decline in EBITDA signals potential operational challenges or increased costs.

The analytics provided are estimates and not a substitute for professional advice. All investments involve risks, including possible capital loss.
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