ClaimsJeff Bezos

“Our net income in 2020 was $21.3 billion.”

Jeff Bezos, Amazon Chair, shareholder letter 15 April 2021 2020 Letter to Shareholders (About Amazon)

Factual Economics and markets

Amazon's net income in 2020 was $21.3 billion.

Resolved true The record shows it happened or was so.

Factual: Statements about the present or the past, checked against the record: did they hold up?

Said for an organisation they lead or work for; it counts on both records.

What would count as true or false

True: Amazon's 2020 Form 10-K (or a later restatement, which governs) reports net income of $21.3 billion (rounding of $21.25–21.35 billion counts). Mostly true: the reported figure is within about 2% ($20.9–21.7 billion). Mostly false: it is within 10%. False: it differs by more than that.

Set before the research began.

Evidence (2)

  1. E1 AMZN 10-K FY2020 Annual Report — Revenue, Net Income, EPS AnalystLens · 3 February 2021

    “Net income: $21.33B, 5.5% of revenue”

  2. E2 Amazon.com Announces Fourth Quarter Results Amazon.com, Inc. (Investor Relations) · 2 February 2021 Own record

    “Net income increased to $21.3 billion, or $41.83 per diluted share, compared with net income of $11.6 billion, or $23.01 per diluted share, in 2019.”

Reasoning

E1, an independent summary of Amazon's FY2020 10-K, gives net income of $21.33B. That falls within the $21.25–21.35 billion range the criteria set for a true verdict. Amazon's official fourth-quarter results release (E2) also says 2020 net income rose to $21.3 billion, up from $11.6 billion in 2019. Both sources match the claimed figure.

Cite this claim

Jeff Bezos, “Amazon's net income in 2020 was $21.3 billion.” (said 15 April 2021). Verdict: resolved true. Reliability API, claim c_e8ae187a7e53, method 0.1.0+c876030c, dataset release v1.1.2. https://epistacklabs.com/claims/c_e8ae187a7e53

This claim is in dataset release v1.1.2, with the same verdict.

Reply to this claim

For Jeff Bezos, or someone speaking for them: a correction or counter-evidence. Replies are read before anything is shown; an approved reply shows your name, role, date, statement and link. Your email address is never shown and is deleted 30 days after the decision (privacy).

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  3. Resolved true Factual 6 October 2025
    “Amazon stock in a very short period of time went from $113 a share to $6 a share.”

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  4. Mostly true Factual 15 April 2021
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  5. Resolved true Factual 15 April 2021
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All of them

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