Slide 1: Q1 2021 Financial Results Conference Call Slides
Q1 2021 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 could differ materially for a variety of reasons, including fluctuations in foreign exchange rates, changes in global economic conditions and customer spending, world events, the rate o
Slide 3: Free Cash Flow -- TTM
MM Free Cash Flow -- TTM (1) (2) $60,000 Up 9% Y/Y (3) Up 101% Y/Y $30,000 $26,410 $24,337 $0 Q1 2020 Q2 2020 Q3 2020 Q4 2020 Q1 2021 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
Slide 4: Free Cash Flow Less Principal Repayments of Finance Leases and Financing Obligations -- TTM
Free Cash Flow Less Principal Repayments of Finance Leases MM and Financing Obligations -- TTM (1) $40,000 Up 4% Y/Y (2) $20,000 $14,281 $14,859 $0 Q1 2020 Q2 2020 Q3 2020 Q4 2020 Q1 2021 Long-Term Goal – Optimize Free Cash Flows (1) Free cash flow less principal repayments of finance leases and fin
Slide 5: Free Cash Flow Less Equipment Finance Leases and Principal Repayments of All Other Finance Leases
Free Cash Flow Less Equipment Finance Leases and Principal Repayments of All Other Finance Leases and Financing Obligations -- TTM (1) MM $40,000 Down Up 44% 50% Y/Y (2) Y/Y(3) $20,000 $16,846 $11,678 $0 Q1 2020 Q2 2020 Q3 2020 Q4 2020 Q1 2021 Long-Term Goal – Optimize Free Cash Flows (1) Free cash
Slide 6: Shares
Shares MM 700 513 519 14 15 350 499 504 0 Q1 2020 Q2 2020 Q3 2020 Q4 2020 Q1 2021 Common Shares Outstanding Stock-Based Awards Outstanding Efficiently Managing Dilution 6
Slide 7: Net Sales
MM Net Sales $200,000 $108,518 $100,000 $75,452 $0 Q1 2020 Q2 2020 Q3 2020 Q4 2020 Q1 2021 Up 44% Y/Y, Up 41% F/X Adjusted (1) (1) Information regarding the effect of foreign exchange rates, versus the U.S. Dollar, on our net sales and operating income is provided to show reported period operating r
Slide 8: Net Sales – TTM
Net Sales – TTM MM $700,000 Net Sales - TTM (MM) Up 41% Y/Y; Up 40% F/X Adjusted $48,654 11% $419,130 $115,955 $350,000 28% $254,521 $296,274 61% North America International $0 AWS Q1 Q2 Q3 Q4 Q1 2020 2020 2020 2020 2021 8
Slide 9: Operating Income
Operating Income MM $14,000 Up 122% Y/Y; Up 120% F/X Adjusted $8,865 $7,000 $3,989 $0 Q1 2020 Q2 2020 Q3 2020 Q4 2020 Q1 2021 9
Slide 10: Operating Income – TTM
Operating Income – TTM MM $50,000 Up 97% Y/Y; Up 93% F/X Adjusted $27,775 $25,000 $14,109 $0 Q1 2020 Q2 2020 Q3 2020 Q4 2020 Q1 2021 10
Slide 11: Net Income
Net Income MM $14,000 Up 220% Y/Y $8,107 $7,000 $2,535 $0 Q1 2020 Q2 2020 Q3 2020 Q4 2020 Q1 2021 11
Slide 12: Segment Results – North America
Segment Results – North America MM Net Sales MM Operating Income $120,000 $6,000 Up 40% Y/Y; Up 163% Y/Y; Up 39% F/X Adjusted Up 162% F/X Adjusted $3,450 $64,366 $60,000 $3,000 $46,127 $1,312 $0 $0 Q1 2020 Q2 2020 Q3 2020 Q4 2020 Q1 2021 Q1 2020 Q2 2020 Q3 2020 Q4 2020 Q1 2021 TTM Net Sales $254.5B
Slide 13: Segment Results – International
Segment Results – International MM Net Sales MM Operating Income (Loss) $70,000 $2,000 Up 60% Y/Y; $1,252 Up 50% F/X Adjusted $35,000 $0 $30,649 $(398) $19,106 $0 $-2,000 Q1 2020 Q2 2020 Q3 2020 Q4 2020 Q1 2021 Q1 2020 Q2 2020 Q3 2020 Q4 2020 Q1 2021 TTM Net Sales $116.0B 13
Slide 14: Segment Results – AWS
Segment Results – AWS MM Net Sales MM Operating Income $25,000 $8,000 Up 32% Y/Y Up 35% Y/Y; Up 41% F/X Adjusted $13,503 $4,163 $12,500 $4,000 $10,219 $3,075 $0 $0 Q1 2020 Q2 2020 Q3 2020 Q4 2020 Q1 2021 Q1 2020 Q2 2020 Q3 2020 Q4 2020 Q1 2021 TTM Net Sales $48.7B 14
Slide 15: Appendix
amazon A Appendix
Slide 16: Free Cash Flow Reconciliation – TTM
Free Cash Flow Reconciliation – TTM Q1 2020 Q2 2020 Q3 2020 Q4 2020 Q1 2021 MM Operating Cash Flow $39,732 $51,220 $55,292 $66,064 $67,213 Purchases of property and equipment, net of proceeds from sales and incentives (15,395) (19,368) (25,791) (35,044) (40,803) Free Cash Flow $24,337 $31,852 $29,50
Slide 17: Free Cash Flow Less Principal Repayments of Finance Leases and Financing Obligations Reconciliation – TTM
Free Cash Flow Less Principal Repayments of Finance Leases and Financing Obligations Reconciliation – TTM Q1 2020 Q2 2020 Q3 2020 Q4 2020 Q1 2021 MM Operating Cash Flow $39,732 $51,220 $55,292 $66,064 $67,213 Purchases of property and equipment, net of proceeds from sales and incentives (15,395) (19
Slide 18: Free Cash Flow Less Equipment Finance Leases and Principal Repayments Reconciliation – TTM
Free Cash Flow Less Equipment Finance Leases and Principal Repayments of All Other Finance Leases and Financing Obligations Reconciliation – TTM MM Q1 2020 Q2 2020 Q3 2020 Q4 2020 Q1 2021 Operating Cash Flow $39,732 $51,220 $55,292 $66,064 $67,213 Purchases of property and equipment, net of proceeds