Amazon Reports Q3 2026 Results with Strong AWS Growth Amid Revenue Miss
Amazon.com, Inc. (AMZN) reported third-quarter 2026 results that featured a narrow miss on both revenue and earnings per share (EPS). Despite the top-line miss, Amazon Web Services (AWS) demonstrated significant strength, with revenue growing 39.3% year-over-year to $46.0 billion. Management provided optimistic long-term guidance, projecting AWS growth of approximately 40% for the years 2027 and 2028. The company's heavy capital expenditure directed toward AI infrastructure resulted in negative free cash flow during the period. While these results initially triggered an 11% drop in stock price during extended trading, the market showed signs of stabilizing as investors reacted to the underlying strength in cloud services and long-term demand visibility.
Tickers: $AMZN
Topics: AI capex AWS growth earnings report EPS miss revenue miss