Amazon (NASDAQ:AMZN) reported Q3 2026 revenue of $201.9 billion, up 12.1% year on year and in line with analyst estimates. GAAP earnings of $1.89 per share were 3.5% below the $1.96 consensus. AWS revenue grew over 39% to a $184 billion run rate, and CEO Andy Jassy projected AWS growth above 40% in both 2027 and 2028, while advertising revenue missed estimates. Operating margin rose to 13.9% from 9.7%, but free cash flow margin fell to -17.3% from 0.7%. Management guided for next-quarter revenue of about $243.5 billion, up 14.1% year on year, and the stock declined after the results.
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Related tickers and likely impact
AMZN
▼ Likely negativeAmazon
Relevance: medium
| Market | US stocks |
|---|---|
| Sector | Consumer Discretionary |
| Industry | Broadline Retail |
| Market cap | $2.7T |
| Close on 10/29/2026 | 244.23 |
| Change that session | -4.07% |
Impact is scored by AI from the headline and may be wrong. It is not investment advice.
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