News · Yahoo Finance

Amazon (AMZN) Stock Slips As Q3 Earnings Reflect Profit Reset

Amazon reported Q3 2026 revenue of US$201.9b, up about 12% from US$180.2b a year earlier, while net income slipped to US$20.7b from US$21.2b and basic EPS fell about 3% to US$1.92. The operating margin was 13.9%, with record operating profit for the quarter. Shares slipped another 1.4% in the latest session and are down about 11% over 90 days, which the article attributes mainly to emotion around the profit reset rather than the broader earnings picture. AWS revenue reached US$46b with a 38.7% margin and backlog stood at US$578b, but free cash flow over the past year stayed deeply negative with a US$42.4b shortfall as 2026 capex totals roughly US$220b.

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MarketUS stocks
SectorConsumer Discretionary
IndustryBroadline Retail
Market cap$2.6T
Close on 10/30/2026240.47
Change that session-1.36%
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