Common-Size Income Statement
Quarterly Data

Amazon.com Inc., common-size consolidated income statement (quarterly data)

3 months ended:	Sep 30, 2024	Jun 30, 2024	Mar 31, 2024	Dec 31, 2023	Sep 30, 2023	Jun 30, 2023	Mar 31, 2023	Dec 31, 2022	Sep 30, 2022	Jun 30, 2022	Mar 31, 2022	Dec 31, 2021	Sep 30, 2021	Jun 30, 2021	Mar 31, 2021	Dec 31, 2020	Sep 30, 2020	Jun 30, 2020	Mar 31, 2020	Dec 31, 2019	Sep 30, 2019	Jun 30, 2019	Mar 31, 2019
Net product sales	42.55%	41.61%	42.50%	45.13%	44.15%	43.93%	44.74%	47.27%	46.69%	46.67%	48.48%	51.97%	49.52%	51.29%	52.98%	56.59%	54.89%	56.51%	55.45%	57.81%	56.77%	56.55%	57.43%
Net service sales	57.45%	58.39%	57.50%	54.87%	55.85%	56.07%	55.26%	52.73%	53.31%	53.33%	51.52%	48.03%	50.48%	48.71%	47.02%	43.41%	45.11%	43.49%	44.55%	42.19%	43.23%	43.45%	42.57%
Net sales	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%
Cost of sales	-50.97%	-49.86%	-50.68%	-54.46%	-52.43%	-51.62%	-53.23%	-57.40%	-55.29%	-54.79%	-57.11%	-60.28%	-56.79%	-56.75%	-57.50%	-63.15%	-59.40%	-59.23%	-58.66%	-61.73%	-59.02%	-57.31%	-56.82%
Gross profit	49.03%	50.14%	49.32%	45.54%	47.57%	48.38%	46.77%	42.60%	44.71%	45.21%	42.89%	39.72%	43.21%	43.25%	42.50%	36.85%	40.60%	40.77%	41.34%	38.27%	40.98%	42.69%	43.18%
Fulfillment	-15.52%	-15.93%	-15.57%	-15.35%	-15.60%	-15.85%	-16.41%	-15.48%	-16.19%	-16.78%	-17.41%	-16.33%	-16.69%	-15.60%	-15.23%	-14.71%	-15.29%	-15.53%	-15.28%	-13.94%	-14.53%	-14.62%	-14.41%
Technology and infrastructure	-14.00%	-15.07%	-14.25%	-12.97%	-14.82%	-16.32%	-16.06%	-13.95%	-15.33%	-14.91%	-12.75%	-11.14%	-12.98%	-12.27%	-11.51%	-9.60%	-11.42%	-11.68%	-12.36%	-11.14%	-13.15%	-14.30%	-13.28%
Sales and marketing	-6.68%	-7.10%	-6.74%	-7.59%	-7.37%	-8.00%	-7.99%	-8.59%	-8.67%	-8.32%	-7.15%	-7.87%	-7.23%	-6.65%	-5.72%	-5.89%	-5.65%	-4.89%	-6.40%	-7.06%	-6.79%	-6.77%	-6.14%
General and administrative	-1.71%	-2.06%	-1.91%	-1.77%	-1.79%	-2.38%	-2.39%	-2.23%	-2.41%	-2.39%	-2.23%	-1.84%	-1.94%	-1.91%	-1.83%	-1.57%	-1.73%	-1.78%	-1.92%	-1.61%	-1.93%	-2.00%	-1.96%
Other operating income (expense), net	-0.16%	-0.07%	-0.16%	-0.09%	-0.17%	-0.11%	-0.18%	-0.51%	-0.13%	-0.07%	-0.21%	-0.02%	0.01%	-0.01%	-0.04%	0.40%	-0.06%	-0.33%	-0.09%	-0.07%	-0.08%	-0.14%	0.01%
Operating income	10.96%	9.92%	10.68%	7.77%	7.82%	5.72%	3.75%	1.83%	1.99%	2.74%	3.15%	2.52%	4.38%	6.81%	8.17%	5.47%	6.44%	6.57%	5.29%	4.44%	4.51%	4.86%	7.40%
Interest income	0.79%	0.80%	0.69%	0.53%	0.54%	0.49%	0.48%	0.30%	0.22%	0.13%	0.09%	0.09%	0.11%	0.09%	0.10%	0.08%	0.12%	0.15%	0.27%	0.24%	0.32%	0.34%	0.31%
Interest expense	-0.38%	-0.40%	-0.45%	-0.42%	-0.56%	-0.63%	-0.65%	-0.47%	-0.49%	-0.48%	-0.41%	-0.35%	-0.44%	-0.38%	-0.37%	-0.33%	-0.45%	-0.45%	-0.53%	-0.52%	-0.57%	-0.60%	-0.61%
Other income (expense), net	-0.02%	-0.01%	-1.87%	0.17%	0.72%	0.05%	-0.35%	-2.31%	0.60%	-4.57%	-7.36%	8.61%	-0.15%	1.12%	1.56%	0.96%	0.96%	0.73%	-0.54%	0.48%	-0.50%	-0.04%	0.27%
Non-operating income (expense)	0.39%	0.39%	-1.62%	0.28%	0.70%	-0.09%	-0.51%	-2.48%	0.33%	-4.92%	-7.67%	8.35%	-0.48%	0.82%	1.29%	0.71%	0.64%	0.43%	-0.80%	0.20%	-0.75%	-0.31%	-0.03%
Income (loss) before income taxes	11.35%	10.30%	9.06%	8.05%	8.52%	5.63%	3.23%	-0.64%	2.32%	-2.19%	-4.52%	10.87%	3.89%	7.64%	9.46%	6.18%	7.08%	7.00%	4.48%	4.64%	3.76%	4.56%	7.37%
(Provision) benefit for income taxes	-1.70%	-1.19%	-1.72%	-1.80%	-1.61%	-0.60%	-0.74%	0.82%	-0.05%	0.53%	1.22%	-0.45%	-1.04%	-0.77%	-1.99%	-0.45%	-0.59%	-1.11%	-0.99%	-0.90%	-0.71%	-0.41%	-1.40%
Equity-method investment activity, net of tax	0.00%	0.00%	-0.06%	0.00%	0.00%	-0.01%	0.00%	0.01%	0.00%	-0.01%	0.00%	0.00%	0.00%	0.01%	0.00%	0.02%	0.09%	0.01%	-0.14%	0.00%	-0.01%	-0.01%	-0.01%
Net income (loss)	9.65%	9.11%	7.28%	6.25%	6.90%	5.02%	2.49%	0.19%	2.26%	-1.67%	-3.30%	10.42%	2.85%	6.88%	7.47%	5.75%	6.58%	5.90%	3.36%	3.74%	3.05%	4.14%	5.96%

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Income statement item	Description	The company
Operating income	The net result for the period of deducting operating expenses from operating revenues.	Amazon.com Inc. operating income as a percentage of net sales decreased from Q1 2024 to Q2 2024 but then increased from Q2 2024 to Q3 2024 exceeding Q1 2024 level.
Income (loss) before income taxes	Amount of income (loss) from continuing operations, including income (loss) from equity method investments, before deduction of income tax expense (benefit), and income (loss) attributable to noncontrolling interest.	Amazon.com Inc. income (loss) before income taxes as a percentage of net sales increased from Q1 2024 to Q2 2024 and from Q2 2024 to Q3 2024.
Net income (loss)	The portion of profit or loss for the period, net of income taxes, which is attributable to the parent.	Amazon.com Inc. net income (loss) as a percentage of net sales increased from Q1 2024 to Q2 2024 and from Q2 2024 to Q3 2024.

Amazon.com Inc. (NASDAQ:AMZN)

Common-Size Income StatementQuarterly Data

Common-Size Income Statement
Quarterly Data