Slide 1: Q2 2020 Financial Results Conference Call Slides
Q2 2020 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) Up 27% Y/Y (3) Up 101% Y/Y 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 and incentives.” See Appendix for a reconciliation of operating cash flow t
Slide 4: Free Cash Flow Less Principal Repayments of Finance Leases
Free Cash Flow Less Principal Repayments of Finance Leases MM and Financing Obligations -- TTM (1) Up 32% Y/Y (2) Long-Term Goal – Optimize Free Cash Flows (1) Free cash flow less principal repayments of finance leases and financing obligations is free cash flow reduced by “Principal repayments of f
Slide 5: Free Cash Flow Less Equipment Finance Leases and Principal Repayments
Free Cash Flow Less Equipment Finance Leases and Principal Repayments of All Other Finance Leases and Financing Obligations -- TTM (1) MM Down Up 50% 50% Y/Y (2) Y/Y(3) Long-Term Goal – Optimize Free Cash Flows 1. Free cash flow less equipment finance leases and principal repayments of all other fin
Slide 6: Shares: Efficiently Managing Dilution
MM Shares 510 517 Efficiently Managing Dilution 6
Slide 7: Net Sales
MM Net Sales Up 40% 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 results had the foreign exchange rates remained the same as those in effect in
Slide 8: Net Sales – TTM
Net Sales – TTM MM Up 28% Y/Y; Up 28% F/X Adjusted 62% 8
Slide 9: Operating Income
Operating Income MM Up 89% Y/Y; Up 86% F/X Adjusted 9
Slide 10: Operating Income – TTM
Operating Income – TTM MM Up 12% Y/Y; Up 11% F/X Adjusted 10
Slide 11: Net Income
MM $7,000 5 Q2 2019 Net Income Up 100% Y/Y Q3 2019 Q4 2019 Q1 2020 $5,243 Q2 2020 11
Slide 12: Segment Results – North America
Segment Results – North America MM MM Net Sales Operating Income Up 43% Y/Y; Up 37% Y/Y Up 44% F/X Adjusted TTM Net Sales $197.9B 12
Slide 13: Segment Results – International
Segment Results – International MM MM Net Sales Operating Income (Loss) Up 38% Y/Y; Up 41% F/X Adjusted TTM Net Sales $83.9B 13
Slide 14: Segment Results – AWS
Segment Results – AWS MM MM Net Sales Operating Income Up 58%Y/Y; Up 29% Y/Y Up 54% F/X Adjusted TTM Net Sales $40.0B 14
Slide 15: Appendix
amazon Appendix
Slide 16: Free Cash Flow Reconciliation – TTM
Free Cash Flow Reconciliation – TTM Q2 2019 Q3 2019 Q4 2019 Q1 2020 Q2 2020 MM Operating Cash Flow $36,029 $35,332 $38,514 $39,732 $51,220 Purchases of property and equipment, net of proceeds from sales and incentives (11,011) (11,868) (12,689) (15,395) (19,368) Free Cash Flow $25,018 $23,464 $25,82
Slide 17: Free Cash Flow Less Finance Leases and Financing Obligations Reconciliation – TTM
Free Cash Flow Less Principal Repayments of Finance Leases and Financing Obligations Reconciliation – TTM Q2 2019 Q3 2019 Q4 2019 Q1 2020 Q2 2020 MM Operating Cash Flow $36,029 $35,332 $38,514 $39,732 $51,220 Purchases of property and equipment, net of proceeds from sales and incentives (11,011) (11
Slide 18: Free Cash Flow Less Equipment Finance Leases Reconciliation – TTM
Free Cash Flow Less Equipment Finance Leases and Principal Repayments of All Other Finance Leases and Financing Obligations Reconciliation – TTM MM Q2 2019 Q3 2019 Q4 2019 Q1 2020 Q2 2020 Operating Cash Flow $36,029 $35,332 $38,514 $39,732 $51,220 Purchases of property and equipment, net of proceeds