Amazon Files 2024 Annual Report

TL;DR

AMZN filed its 2024 10-K, check it for full financials.

AI Summary

Amazon.com, Inc. filed its 10-K for the fiscal year ending December 31, 2024, on February 7, 2025. The filing details the company's financial performance and operations. Key financial data and operational aspects are presented in the report, which is a standard annual disclosure for publicly traded companies.

Why It Matters

This 10-K filing provides investors and the public with a comprehensive overview of Amazon's financial health and strategic direction for the past fiscal year, influencing investment decisions and market perception.

Risk Assessment

Risk Level: low — This is a standard annual financial filing (10-K) and does not inherently present new risks beyond those already associated with Amazon's business operations.

Key Players & Entities

• Amazon.com, Inc. (company) — Filer of the 10-K report
• 20241231 (date) — Fiscal year end date
• 20250207 (date) — Filing date of the 10-K
• 410 TERRY AVENUE NORTH (address) — Amazon's business and mailing address
• SEATTLE (location) — City of Amazon's headquarters
• WA (location) — State of Amazon's headquarters
• 98109 (zip_code) — Zip code of Amazon's headquarters

FAQ

Filing Documents

• amzn-20241231.htm (10-K) — 1877KB
• amzn-20241231xex191.htm (EX-19.1) — 32KB
• amzn-20241231xex211.htm (EX-21.1) — 13KB
• amzn-20241231xex231.htm (EX-23.1) — 7KB
• amzn-20241231xex311.htm (EX-31.1) — 8KB
• amzn-20241231xex312.htm (EX-31.2) — 8KB
• amzn-20241231xex321.htm (EX-32.1) — 4KB
• amzn-20241231xex322.htm (EX-32.2) — 4KB
• 0001018724-25-000004.txt ( ) — 11748KB
• amzn-20241231.xsd (EX-101.SCH) — 83KB
• amzn-20241231_cal.xml (EX-101.CAL) — 182KB
• amzn-20241231_def.xml (EX-101.DEF) — 373KB
• amzn-20241231_lab.xml (EX-101.LAB) — 1002KB
• amzn-20241231_pre.xml (EX-101.PRE) — 687KB
• amzn-20241231_htm.xml (XML) — 1856KB

Risk Factors

Item 1A. Risk Factors 6

Unresolved Staff Comments

Item 1B. Unresolved Staff Comments 16

Cybersecurity

Item 1C. Cybersecurity 17

Properties

Item 2. Properties 18

Legal Proceedings

Item 3. Legal Proceedings 18

Mine Safety Disclosures

Item 4. Mine Safety Disclosures 18 PART II

Market for the Registrant's Common Stock, Related Shareholder Matters, and Issuer Purchases of Equity Securities

Item 5. Market for the Registrant's Common Stock, Related Shareholder Matters, and Issuer Purchases of Equity Securities 19

Reserved

Item 6. Reserved 19

Management's Discussion and Analysis of Financial Condition and Results of Operations

Item 7. Management's Discussion and Analysis of Financial Condition and Results of Operations 20

Quantitative and Qualitative Disclosures About Market Risk

Item 7A. Quantitative and Qualitative Disclosures About Market Risk 31

Financial Statements and Supplementary Data

Item 8. Financial Statements and Supplementary Data 33

Changes in and Disagreements with Accountants on Accounting and Financial Disclosure

Item 9. Changes in and Disagreements with Accountants on Accounting and Financial Disclosure 70

Controls and Procedures

Item 9A. Controls and Procedures 70

Other Information

Item 9B. Other Information 72

Disclosure Regarding Foreign Jurisdictions that Prevent Inspections

Item 9C. Disclosure Regarding Foreign Jurisdictions that Prevent Inspections 72 PART III

Directors, Executive Officers, and Corporate Governance

Item 10. Directors, Executive Officers, and Corporate Governance 72

Executive Compensation

Item 11. Executive Compensation 72

Security Ownership of Certain Beneficial Owners and Management and Related Shareholder Matters

Item 12. Security Ownership of Certain Beneficial Owners and Management and Related Shareholder Matters 72

Certain Relationships and Related Transactions, and Director Independence

Item 13. Certain Relationships and Related Transactions, and Director Independence 72

Principal Accountant Fees and Services

Item 14. Principal Accountant Fees and Services 73 PART IV

Exhibits, Financial Statement Schedules

Item 15. Exhibits, Financial Statement Schedules 74

Form 10-K Summary

Item 16. Form 10-K Summary 76

Signatures

Signatures 77 2 Table of Contents AMAZON.COM, INC. PART I

Business

Item 1. Business This Annual Report on Form 10-K and the documents incorporated herein by reference contain forward-looking statements based on expectations, estimates, and projections as of the date of this filing. Actual results and outcomes may differ materially from those expressed in forward-looking statements. See Item 1A of Part I — "Risk Factors." As used herein, "Amazon.com," "we," "our," and similar terms include Amazon.com, Inc. and its subsidiaries, unless the context indicates otherwise. General We seek to be Earth's most customer-centric company. We are guided by four principles: customer obsession rather than competitor focus, passion for invention, commitment to operational excellence, and long-term thinking. In each of our segments, we serve our primary customer sets, consisting of consumers, sellers, developers, enterprises, content creators, advertisers, and employees. We have organized our operations into three segments: North America, International, and Amazon Web Services ("AWS"). These segments reflect the way the Company evaluates its business performance and manages its operations. Information on our net sales is contained in Item 8 of Part II, "Financial Statements and Supplementary Data — Note 10 — Segment Information." Consumers We serve consumers through our online and physical stores and focus on selection, price, and convenience. We design our stores to enable hundreds of millions of unique products to be sold by us and by third parties across dozens of product categories. Customers access our offerings through our websites, mobile apps, Alexa, devices, streaming, and physically visiting our stores. We also manufacture and sell electronic devices, including Kindle, Fire tablet, Fire TV, Echo, Ring, Blink, and eero, and we develop and produce media content. We seek to offer our customers low prices, fast and free delivery, easy-to-use functionality, and timely customer service. In addition, we offer subscription services such as

Risk Factors

Item 1A. Risk Factors Please carefully consider the following discussion of significant factors, events, and uncertainties that make an investment in our securities risky. The events and consequences discussed in these risk factors could, in circumstances we may or may not be able to accurately predict, recognize, or control, have a material adverse effect on our business, growth, reputation, prospects, financial condition, operating results (including components of our financial results), cash flows, liquidity, and stock price. These risk factors do not identify all risks that we face; our operations could also be affected by factors, events, or uncertainties that are not presently known to us or that we currently do not consider to present significant risks to our operations. In addition to the factors discussed in Item 7 of Part II, "Management's Discussion and Analysis of Financial Condition and Results of Operations," and in the risk factors below, global economic and geopolitical conditions and additional or unforeseen circumstances, developments, or events may give rise to or amplify many of the risks discussed below. Many of the risks discussed below also impact our customers, including third-party sellers, which could indirectly have a material adverse effect on us. Business and Industry Risks We Face Intense Competition Our businesses are rapidly evolving and intensely competitive, and we have many competitors across geographies, including cross-border competition, and in different industries, including physical, e-commerce, and omnichannel retail, e-commerce services, web and infrastructure computing services, electronic devices, digital content, advertising, grocery, healthcare, communications, and transportation and logistics services. Some of our current and potential competitors have greater resources, longer histories, more customers, and/or greater brand recognition, particularly with our newly-launched products and services and in our newer ge

View Full Filing

View this 10-K filing on SEC EDGAR