Slide 1: Q1 2025 Financial Results Conference Call Slides
Q1 2025 Financial Results Conference Call Slides
Slide 2: Forward-looking statements
This presentation may contain forward-looking statements which are inherently difficult to predict. Actual results and outcomes could differ materially for a variety of reasons, including, among others, fluctuations in foreign exchange rates, changes in global economic conditions, tariff and trade p
Slide 3: Net Sales
Net Sales MM $280,000 Net Sales (MM) Up 9% Y/Y; $29,267 Up 10% F/X Adjusted (1) 19% $155,667 $143,313 $33,513 $92,887 $140,000 21% 60% North America International AWS $0 Q1 2024 Q2 2024 Q3 2024 Q4 2024 Q1 2025 (1) Information throughout this presentation regarding the effect of foreign exchange rate
Slide 4: Net Sales – TTM
Net Sales – TTM (1) MM $950,000 Net Sales - TTM (MM) Up 10% Y/Y, $111,786 Up 11% F/X Adjusted 17% $650,313 $590,740 $144,484 $394,043 22% $475,000 61% North America International AWS $0 Q1 2024 Q2 2024 Q3 2024 Q4 2024 Q1 2025 (1) Trailing twelve-month period. 4
Slide 5: Operating Income
Operating Income MM $30,000 Up 20% Y/Y $18,405 $15,307 $15,000 $0 Q1 2024 Q2 2024 Q3 2024 Q4 2024 Q1 2025 5
Slide 6: Operating Income – TTM
Operating Income – TTM MM $100,000 Up 51% Y/Y $71,691 $50,000 $47,385 $0 Q1 2024 Q2 2024 Q3 2024 Q4 2024 Q1 2025 6
Slide 7: Net Income
Net Income MM $30,000 Up 64% Y/Y $17,127 $15,000 $10,431 $0 Q1 2024 Q2 2024 Q3 2024 Q4 2024 Q1 2025 7
Slide 8: Net Income – TTM
Net Income – TTM MM $80,000 Up 75% Y/Y $65,944 $40,000 $37,684 $0 Q1 2024 Q2 2024 Q3 2024 Q4 2024 Q1 2025 8
Slide 9: Segment Results – North America
Segment Results – North America MM Net Sales MM Operating Income $180,000 $15,000 Up 17% [Down 31%]Y/Y; Y/Y; Up 8% Y/Y Up 18% [Down 32%]F/X Adjusted F/X Adjusted $92,887 $90,000 $86,341 $7,500 $5,841 $4,983 $0 $0 Q1 2024 Q2 2024 Q3 2024 Q4 2024 Q1 2025 Q1 2024 Q2 2024 Q3 2024 Q4 2024 Q1 2025 TTM Net
Slide 10: Segment Results – International
Segment Results – International MM Net Sales MM Operating Income $70,000 Up 5% Y/Y; Up 8% F/X Adjusted $2,000 $35,000 $31,935 $33,513 $1,017 $1,000 $903 $0 $0 Q1 2024 Q2 2024 Q3 2024 Q4 2024 Q1 2025 Q1 2024 Q2 2024 Q3 2024 Q4 2024 Q1 2025 TTM Net Sales $144.5B; TTM Operating Income $3.9B 10
Slide 11: Segment Results – AWS
Segment Results – AWS MM Net Sales MM Operating Income $40,000 $16,000 Up 17% Y/Y Up 23% Y/Y $29,267 $11,547 $25,037 $9,421 $20,000 $8,000 $0 $0 Q1 2024 Q2 2024 Q3 2024 Q4 2024 Q1 2025 Q1 2024 Q2 2024 Q3 2024 Q4 2024 Q1 2025 TTM Net Sales $111.8B; TTM Operating Income $42.0B 11
Slide 12: Free Cash Flow – TTM
Free Cash Flow – TTM (1) MM $80,000 Down 48% Y/Y (2) Up 101% Y/Y $50,149 $40,000 $25,925 $0 Q1 2024 Q2 2024 Q3 2024 Q4 2024 Q1 2025 Long-Term Goal – Optimize Free Cash Flows (1) Free cash flow is cash flow from operations reduced by “Purchases of property and equipment, net of proceeds from sales an
Slide 13: Shares
Shares MM 16,000 10,788 10,876 385 263 8,000 10,403 10,613 0 Q1 2024 Q2 2024 Q3 2024 Q4 2024 Q1 2025 Common Shares Outstanding Stock-Based Awards Outstanding Long-Term Goal – Efficiently Managing Dilution 13
Slide 14: Appendix
amazon Appendix
Slide 15: Free Cash Flow Reconciliation – TTM
Free Cash Flow Reconciliation – TTM MM Q1 2024 Q2 2024 Q3 2024 Q4 2024 Q1 2025 Operating Cash Flow $99,147 $107,952 $112,706 $115,877 $113,903 Purchases of property and equipment, net of proceeds from (48,998) (54,979) (64,959) (77,658) (87,978) sales and incentives Free Cash Flow $50,149 $52,973 $4