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Amazon Q2 2026 earnings beat forecasts, AWS fuels 15% stock surge
Amazon.com reported second‑quarter 2026 results that topped Wall Street expectations. Revenue from its cloud unit, Amazon Web Services, reached $42.2 billion, a 37 % year‑over‑year increase, while the AWS backlog grew to $496 billion. The company also lifted its 2026 capital‑expenditure outlook to $220 billion, largely for data‑center and AI infrastructure.
Core retail sales rose 16 % in North America and 15 % internationally, and advertising revenue climbed to $19.8 billion, up 26 % YoY. The strong performance sent Amazon’s share price up 14‑15 % on the day, pushing the S&P 500 and Nasdaq 100 to weekly highs. Analysts responded by raising price targets, with the Royal Bank of Canada setting a new $330 target for the stock.
The earnings beat and cloud growth reinforced investor confidence in Amazon’s ability to translate AI‑driven spending into revenue, while also highlighting ongoing cash‑flow pressures from higher capital outlays.
Entities
2026 capital‑expenditure guidance · Amazon Ads · Amazon Capital Expenditure 2026 · Amazon Prime · Amazon Web Services · Amazon Web Services (AWS) · Amazon advertising · Amazon.com Inc. · Amazon.com, Inc. · Andy Jassy · Anthropic · Royal Bank of Canada
Claims
What the coverage asserts, and how many sources carry each claim.
- [● 13 SOURCES] Amazon's total revenue for the quarter was $200.61 billion, exceeding the $196.47 billion estimate. www.capitalradio.es · www.insider.gr · www.ot.gr · www.sbctv.gr · coinpaper.com · +7 more
- [● 13 SOURCES] Free cash flow turned negative, with $7.6 billion of cash consumed in the latest 12‑month period, compared with a $18.2 billion surplus the year before. www.capitalradio.es · www.sbctv.gr · coinpaper.com · theofficer.es · www.igizmo.it · +7 more
- [● 13 SOURCES] Earnings per share were $5.75, well above the $1.82 forecast. www.capitalradio.es · www.insider.gr · www.ot.gr · www.sbctv.gr · coinpaper.com · +7 more
- [● 13 SOURCES] AWS's AI and custom‑chip businesses each generated more than $25 billion in annualized revenue. www.capitalradio.es · www.sbctv.gr · coinpaper.com · theofficer.es · www.igizmo.it · +7 more
- [● 13 SOURCES] Amazon's shares rose more than 9 % after the earnings announcement. www.capitalradio.es · www.insider.gr · www.ot.gr · www.sbctv.gr · coinpaper.com · +7 more
- [● 13 SOURCES] AWS revenue for the second quarter was $42.2 billion, up 37 % year over year. www.capitalradio.es · www.insider.gr · larevuetech.fr · www.ot.gr · www.sbctv.gr · +7 more
- [● 13 SOURCES] Amazon raised its annual capital‑expenditure forecast by 10 % to $220 billion. www.capitalradio.es · www.insider.gr · www.ot.gr · www.sbctv.gr · coinpaper.com · +7 more
- [● 13 SOURCES] Pending AWS contracts at quarter end were $496 billion, up from $364 billion the prior quarter. www.capitalradio.es · www.sbctv.gr · coinpaper.com · theofficer.es · www.igizmo.it · +7 more
- [● 5 SOURCES] AWS revenue growth of 37% was the fastest quarterly increase in 18 quarters. www.capitalradio.es · www.cloudcomputing-news.net · coinpaper.com · www.igizmo.it
- [● 10 SOURCES] Amazon Web Services revenue in the quarter was $42.2 billion, up 37% year over year. www.textilwirtschaft.de · www.capitalradio.es · www.cloudcomputing-news.net · coinpaper.com · theofficer.es · +4 more
- [● 11 SOURCES] Amazon's second‑quarter 2026 revenue was $200.61 billion, exceeding the $196.47 billion analyst estimate. www.textilwirtschaft.de · www.capitalradio.es · www.cloudcomputing-news.net · coinpaper.com · theofficer.es · +5 more
- [● 10 SOURCES] Free cash flow was negative $7.6 billion over the trailing twelve months, versus a $18.2 billion inflow the prior year. www.sbctv.gr · www.capitalradio.es · coinpaper.com · theofficer.es · www.igizmo.it · +5 more