Amazon stock
Amazon reported its third--quarter 2026 financial results on October 29, 2026, delivering net sales of $201.9 billion, an increase of 12% year--over--year, and reaching a record operating margin of 13.9% as operating income rose to $28.1 billion. Growth was driven by Amazon Web Services (AWS), where revenue surged 39.3% year--over--year to $46.0 billion—marking its fastest growth rate in nearly five years—bringing AWS to an annualized revenue run rate of $184 billion and generating $17.8 billion in operating income. Net income stood at $20.7 billion, or $1.89 per diluted share, reflecting the absence of non--recurring prior--year investment gains. Cash capital expenditures totaled $77.3 billion in the quarter, as Amazon reaffirmed its full--year 2026 capex projection of approximately $220 billion to support expanding cloud and artificial intelligence infrastructure demand.