Amazon earnings: Behind 39% AWS growth, a $42.4 billion cash outflow... What are the prospects for $220 billion in annual investment?

Amazon released its results for July–September 2026 on 29 October U.S. time. AWS revenue in the cloud segment was $45.98 billion, up 39% year on year, showing strong growth.

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The story

Amazon announced its quarterly results for July through September 2026 on 29 October. The results included revenue trends by gross segment.

AWS revenue rose 39% year on year to $45.98 billion. This was the strongest growth in about five years, highlighting the growth of the cloud business.

At a glance

DatesResults for July–September 2026

DateAnnounced on 29 October

RevenueAWS revenue: $45.98 billion

Growth RateUp 39% year on year

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