Amazon's profit surges and beats forecasts due to AWS growth

15:54 - 31.07.2026


July 31, Fineko/abc.az. American corporation Amazon increased net income up to $62.6 bn for Q2 of 2026 from $18.2 bn in the same period in 2025, Reuters reports.

Diluted earnings per share grew up to $5.75 from $1.68 a year earlier. Revenue increased up to $200.6 bn from $167.7 bn.

Earnings from the AI division of Amazon Web Services observed growth by 37% in the 2nd quarter and amounted to $42.2 bn. The result significantly exceeded the consensus forecast of analysts, which assumed growth of 31.21%.

Amazon raised its capital expenditure forecast by 10% up to $220 bn for 2026.

Company's shares are up 10% in extended trading.