Amazon's Free Cash Flow Drops Sharply Amid Heavy AI Infrastructure Spending
Amazon reported a significant drop in trailing twelve-month free cash flow from $26 billion to $1.2 billion, driven by heavy capital expenditures on AI infrastructure. Despite this decline, the company’s stock has risen year-to-date and over the past year as investors remain unfazed due to strong operating cash flow growth and AWS performance.
Topics: AI infrastructure AWS growth capital expenditure free cash flow