Amazon Reports Q2 2026 Earnings with Record Revenue and Strong AWS Growth
In its second-quarter earnings report for 2026, Amazon reported record revenue of $200.6 billion, a 20% increase from the same period in 2025. The company's cloud computing division, AWS, saw significant growth with revenue reaching $42.2 billion—up 37% year over year—and an annualized run rate exceeding $169 billion. This marks the fastest growth for AWS in nearly five years and exceeded analyst expectations of $40.54 billion. Amazon's operating income rose to $27.5 billion, a 43% increase from last year, while net income surged to $62.6 billion due largely to non-operating gains from its investments in Anthropic. The company also reported strong performance across other segments: advertising revenue grew by 26%, and North America sales increased by 16%. Capital spending rose sharply as well, driven primarily by AI infrastructure. Looking ahead, Amazon provided guidance for Q3 with expected net sales between $197 billion to $202 billion. Following the earnings release, shares climbed over 9% in after-hours trading.
Tickers: $AMZN
Topics: AWS Capital Spending Net Income Revenue Growth