Amazon AWS cloud service net sales in the fourth quarter was 2.405 billion dollars
Hong Kong server On February 2, it was reported that Amazon released its financial report for the fourth quarter and the whole year of fiscal year 2015 today. The report shows that Amazon's net profit in the fourth quarter was $482 million, up 125% from $214 million in the same period last year; Net sales amounted to US $35.747 billion, up 22% from US $29.328 billion in the same period last year. Amazon's earnings per share and net sales in the fourth quarter failed to meet Wall Street analysts' expectations, driving its share price down more than 11% after hours.
In the fiscal quarter ended December 31, Amazon's net profit was $482 million and earnings per share was $1, which was better than the same period last year. In the fourth quarter of fiscal 2014, Amazon's net profit was $214 million, with earnings per share of 45 cents. Amazon's operating profit in the fourth quarter was $1.1 billion, up 88% from $591 million in the same period last year; Net sales amounted to US $35.747 billion, up 22% from US $29.328 billion in the same period last year. Excluding the negative impact of US $1.2 billion caused by exchange rate changes, Amazon's net sales in the fourth quarter increased by 26% year on year.
Amazon's fourth quarter earnings per share fell far short of analysts' expectations, and its sales also failed to meet expectations. According to statistics from Yahoo Finance, analysts had expected Amazon's fourth quarter earnings per share on average to be $1.56 and net sales to be $35.93 billion.
In the 12 months ended December 31, 2015, Amazon's operating cash flow was $11.9 billion, an increase of 74% over the same period last year; In the 12 months ended December 31, 2014, Amazon's operating cash flow was $6.8 billion. In the 12 months ended December 31, 2015, Amazon's free cash flow was $7.3 billion, higher than the same period last year; In the 12 months ended December 31, 2014, Amazon's free cash flow was $1.9 billion. After deducting the principal repayment of finance lease and the assets acquired under the capital lease, Amazon's free cash flow in the past 12 months was $2.5 billion, higher than the same period last year; In the 12 months ended December 31, 2014, Amazon's free cash flow after deducting the above items was $2.2 billion.
In the whole fiscal year 2015, Amazon's net profit was $596 million, compared with the net loss of $241 million in fiscal year 2014; Earnings per share were $1.25, compared with a loss per share of $0.52 in fiscal 2014. Amazon's operating profit in FY2015 was $2.2 billion, compared with $178 million in FY2014; Net sales were $107 billion, up 20% from $89 billion in fiscal 2014. In fiscal year 2015, exchange rate changes had an adverse impact on Amazon's net sales of $5.2 billion; Excluding this impact, Amazon's net sales in fiscal 2015 increased by 26% year on year.
Last October, Amazon estimated that the net sales in the fourth fiscal quarter of fiscal year 2015 would be $33.5 billion to $36.75 billion, up 14% to 25% year on year; Operating profit ranged from $80 million to $1.28 billion, including about $620 million in equity incentive expenses and intangible asset amortization expenses, compared with $591 million in the same period last year.
By region, Amazon's North American division (the United States and Canada) recorded a net sales of $21.501 billion in the fourth quarter, up 24% from $17.333 billion in the same period last year; Operating profit was $1.003 billion, up from $733 million in the same period last year. Amazon's international division (UK, Germany, France, Japan and China) saw net sales of US $11.841 billion in the fourth quarter, up 12% from US $10.575 billion in the same period last year; Operating profit was $60 million, down from $65 million in the same period last year. The net sales of Amazon AWS cloud services in the fourth quarter was $2.405 billion, up 69% from $1.42 billion in the same period last year; Operating profit was $687 million, up from $240 million in the same period last year. Amazon's sales from North America accounted for 60% of its total sales in the fourth quarter, up from 59% in the same period last year; The sales from international departments accounted for 33% of the total sales, down from 36% in the same period last year; The sales from AWS cloud services accounted for 7% of the total sales, up from 5% in the same period last year.
Divided by products, Amazon's sales of electronic products and other daily commodities from North America in the fourth quarter were $17.325 billion, up 28% from $13.529 billion in the same period last year, and 28% year-on-year growth excluding the impact of exchange rate changes; The sales of media products from North America were US $3.931 billion, up 11% from US $3.544 billion in the same period last year, and 12% year on year, excluding the impact of exchange rate changes. Amazon's sales of electronic products and other daily commodities from international regions in the fourth quarter were $8.491 billion, up 19% from $7.109 billion in the same period last year, and 31% year-on-year growth excluding the impact of exchange rate changes; The sales volume of media products from international and regional markets was US $3.292 billion, down 3% from US $3.406 billion in the same period last year, and an increase of 5% year-on-year excluding the impact of exchange rate changes.
Amazon expects the net sales of the first quarter of fiscal 2016 to be $26.5 billion to $29 billion, up 17% to 28% year on year, including $27.75 billion, slightly higher than analysts' previous expectations; Operating profit ranged from $100 million to $700 million, including about $600 million in equity incentive expenses and intangible asset amortization expenses, compared with $255 million in the same period in 2015. According to the statistics of Yahoo Finance, analysts had expected Amazon's first quarter net sales to be 27.65 billion dollars on average.
On the same day, Amazon's share price rose $52.29, or 8.96%, to close at $635.64 in regular Nasdaq trading. In the subsequent after hours trading up to 16:14 EDT (5:14 GMT, January 29), Amazon's share price fell by $72.46, or 11.43%, to $563.00. In the past 52 weeks, Amazon's highest price was $696.44 and its lowest price was $299.33.
