AMZN · News · 20261101N
AWS Demand and Backlog
AMAZON COM INC · 2026-11-01 · Importance 70 · Surprise 56 · No source text
AWS revenue increased 39% year over year to $46 billion, reflecting strong cloud demand. A separate report said AWS backlog increased significantly, indicating greater demand visibility. The reports also described plans for AWS revenue growth above 40% in 2027–2028.
Key facts
- Amazon AWS revenue increased 39% year over year to $46 billion. source
- Amazon projects AWS revenue growth above 40% for 2027–2028. source
- A third-party report said Amazon's AWS growth accelerated 39% year over year and its backlog increased significantly. source
Impact estimates
| metric | direction | stage | expected | basis |
|---|---|---|---|---|
| revenue | positive | realized | +6.4% | Amazon AWS revenue increased 39% year over year to $46 billion. |
| revenue | positive | committed | — | Amazon projects AWS revenue growth above 40% for 2027–2028. |