$Amazon (AMZN.US)$
According to Amazon's Q2 2023 financial report:
- Revenue was $134.383 billion, an 11% year-on-year increase. Excluding the impact of exchange rates, revenue increased by 11%.
- Net income was $6.75 billion, a year-on-year growth of over 300%, compared to a loss of $2.028 billion in the same period last year.
- EPS was $0.65, compared to a loss of $0.20 in the same period last year.
- North American sales were $82.546 billion, an 11% year-on-year increase. Operating income was $3.111 billion, turning from a loss to profit.
- International sales were $29.697 billion, a 10% year-on-year increase. Operating loss narrowed to $0.895 billion.
- AWS sales were $22.14 billion, a 12% year-on-year increase. Operating income was $5.365 billion.
- Operating expenses were $126.602 billion, a year-on-year increase of 7%.
- Operating revenue was $7.681 billion, a significant increase of 132% year-on-year. Operating profit margin is 5.7%.
- As of June 30, Amazon had cash on hand of $49.529 billion.
- Operating cash flow for the past 12 months was $61.841 billion, a year-on-year increase of 74%.
Overall, Amazon has maintained stable revenue and profit growth in the face of increasing macroeconomic uncertainty. Strong performance in North America and AWS business offset the losses from international operations. The significant improvement in profits is mainly benefited from the impact of fair value changes in investment in Rivian...