Earnings release
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amazon AMAZON.COM ANNOUNCES SECOND QUARTER RESULTS SEATTLE ( BUSINESS WIRE ) July 29 , 2021-Amazon.com , Inc. ( NASDAQ : AMZN ) today announced financial results for its second quarter ended June 30 , 2021 . Operating cash flow increased 16 % to $ 59.3 billion for the trailing twelve months , compared with $ 51.2 billion for the trailing twelve months ended June 30 , 2020 . Free cash flow decreased to $ 12.1 billion for the trailing twelve months , compared with $ 31.9 billion for the trailing twelve months ended June 30 , 2020 . Free cash flow less principal repayments of finance leases and financing obligations decreased to $ 0.6 billion for the trailing twelve months , compared with $ 21.3 billion for the trailing twelve months ended June 30 , 2020 . Free cash flow less equipment finance leases and principal repayments of all other finance leases and financing obligations decreased to $ 4.2 billion for the trailing twelve months , compared with $ 19.4 billion for the trailing twelve months ended June 30 , 2020 . Common shares outstanding plus shares underlying stock - based awards totaled 522 million on June 30 , 2021 , compared with 517 million one year ago . Net sales increased 27 % to $ 113.1 billion in the second quarter , compared with $ 88.9 billion second quarter 2020 . Excluding the $ 2.5 billion favorable impact from year - over - year changes in foreign exchange rates throughout the quarter , net sales increased 24 % compared with second quarter 2020 . Operating income increased to $ 7.7 billion in the second quarter , compared with $ 5.8 billion in second quarter 2020 . Net income increased to $ 7.8 billion in the second quarter , or $ 15.12 per diluted share , compared with $ 5.2 billion , or $ 10.30 per diluted share , in second quarter 2020 . Highlights " Over the past 18 months , our consumer business has been called on to deliver an unprecedented number of items , including PPE , food , and other products that helped communities around the world cope with the difficult circumstances of the pandemic . At the same time , AWS has helped so many businesses and governments maintain business continuity , and we've seen AWS growth reaccelerate as more companies bring forward plans to transform their businesses and move to the cloud , " said Andy Jassy , Amazon CEO . " Thank you to all of our passionate , innovative , mission - driven employees around the world for continuing to stay focused on delivering for customers I am very excited to work with you as we invent and build for the future . " Investing in Employee Safety and Providing Good Jobs Amazon announced a first - of - its - kind partnership with the National Safety Council , a 100 - year - old nonprofit that protects workers on and off the job , to invent new ways of preventing musculoskeletal disorders ( MSDS ) , the most common workplace injury in the U.S. The five - year effort aims to reduce MSDs across a variety of industries by engaging key stakeholders , conducting new research , inventing technology and processes , and scaling the results . Amazon is investing over $ 300 million into safety projects in 2021 , including redesigning and retrofitting workstations , re - engineering cross - dock operations and powered - industrial - truck barriers , and implementing new safety control systems .