Amazon's third-quarter 2026 revenue rose 12.1% year on year to $201.9 billion, in line with the $202.3 billion analyst estimate, while GAAP EPS of $1.89 missed the $1.96 expectation by 3.4%. Operating margin widened to 13.9% from 9.7% a year earlier. AWS grew 39.3%, its fastest pace in nearly five years and an acceleration for a sixth straight quarter, driven by AI infrastructure demand and custom chips such as Trainium and Graviton, which saved customers more than $2 billion in Q3 alone. Management expects next-quarter revenue of about $243.5 billion and said it believes AWS can grow north of 40% in 2027 and 2028, although near-term profitability may fluctuate with higher operating costs. Prime members ordering groceries with same-day delivery have tripled, and advertising growth is expected to return to the high teens after a slowdown tied to Prime Day timing.
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Related tickers and likely impact
AMZN
• NeutralAmazon
Relevance: high
| Market | US stocks |
|---|---|
| Sector | Consumer Discretionary |
| Industry | Broadline Retail |
| Market cap | $2.7T |
| Close on 10/30/2026 | 240.47 |
| Change that session | -1.36% |
Impact is scored by AI from the headline and may be wrong. It is not investment advice.
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