Amazon.com Inc. announced unaudited consolidated earnings results for its fourth quarter and full year ended December 31, 2013. For the quarter, the company reported that net total sales were $25,587 million compared to $21,268 million a year ago. Income from operations was $510 million compared to $405 million a year ago. Income before income taxes was $451 million compared to $337 million a year ago. Net income was $239 million or $0.51 per diluted share compared to $97 million or $0.21 per diluted share a year ago. Net cash provided by operating activities was $5,578 million compared to $5,081 million a year ago. Purchases of property and equipment, including internal-use software and website development was $880 million compared to $2,025 million a year ago.

For the year, the company reported that net total sales were $74,452 million compared to $61,093 million a year ago. Income from operations was $745 million compared to $676 million a year ago. Income before income taxes was $506 million compared to $544 million a year ago. Net income was $274 million or $0.59 per diluted share compared to net loss of $39 million or $0.09 per diluted share a year ago. Net cash provided by operating activities was $5,475 million compared to $4,180 million a year ago. Purchases of property and equipment, including internal-use software and website development was $3,444 million compared to $3,785 million a year ago. Free cash flow increased to $2.03 billion for the trailing twelve months, compared with $395 million for the trailing twelve months ended December 31, 2012. Free cash flow for the trailing twelve months ended December 31, 2012 includes fourth quarter cash outflows for purchases of corporate office space and property in Seattle, Washington, of $1.4 billion.

The company provided earnings guidance for the first quarter of 2014. Net sales are expected to be between $18.2 billion and $19.9 billion, or to grow between 13% and 24% compared with first quarter 2013. Operating income is expected to be between a negative $200 million and a positive $200 million, compared to a positive $181 million in first quarter 2013.