Amazon's Strong Financial Performance in Q4 2023

Executive Summary:

Amazon exhibited a robust financial performance in Q4 2023, reporting a total revenue of $169.96 billion, with a gross profit of $29.27 billion. The company effectively managed costs, resulting in a gross profit ratio of 17.22%. Operating income for the quarter was $13.21 billion, and the net income stood at $10.62 billion. Furthermore, the company generated $42.47 billion in operating cash flow and $27.88 billion in free cash flow. Amazon's balance sheet shows total assets of $527.85 billion and total stockholders' equity of $201.87 billion, underscoring its strong financial position.

Financial Performance

Amazon's financial performance in Q4 2023 demonstrated strong revenue generation and effective cost management. The company's revenue of $169.96 billion was driven by robust sales across its e-commerce, cloud computing, and digital streaming businesses.

Key Financial Metrics

• Gross Profit: $29.27 billion
• Operating Income: $13.21 billion
• Net Income: $10.62 billion
• Operating Cash Flow: $42.47 billion
• Free Cash Flow: $27.88 billion

Balance Sheet Overview

Amazon's balance sheet highlights the strength of its financial position, with total assets of $527.85 billion and total stockholders' equity of $201.87 billion. The company maintains a healthy cash position, with cash and cash equivalents totaling $73.39 billion at the end of the period.

Financial Position

• Total Assets: $527.85 billion
• Total Stockholders' Equity: $201.87 billion
• Cash and Cash Equivalents: $73.39 billion

Conclusion

Amazon's Q4 2023 financial report reflects its continued success and financial stability. The company's strong revenue, robust profitability, and solid balance sheet position it well for future growth and expansion across its diverse business segments.

Most Important Data