AMZN · 10-Q · 2026Q1 · Full report
Guidance / Outlook
AMAZON COM INC · 2026-04-30 · Importance 63 · Surprise 22 · From source text
For Q2 2026 Amazon provided consolidated guidance of net sales between $194.0 billion and $199.0 billion (growth of 16%–19% vs Q2 2025) and operating income between $20.0 billion and $24.0 billion. The guidance assumes Prime Day occurs in Q2 2026 and anticipates an unfavorable impact of approximately 10 basis points from foreign exchange rates. Management also states the guidance assumes no additional business acquisitions, restructurings, or legal settlements are concluded, and that results remain subject to macro, FX, tariff, and supply volatility.
Key facts
- Amazon's second quarter 2026 guidance issued April 29, 2026: net sales expected between $194.0 billion and $199.0 billion, or growth between 16% and 19% compared with second quarter 2025, anticipating an unfavorable impact of approximately 10 basis points from foreign exchange rates. source
- Amazon's second quarter 2026 guidance issued April 29, 2026: operating income is expected to be between $20.0 billion and $24.0 billion, compared with $19.2 billion in second quarter 2025. source
- Amazon's second quarter 2026 guidance assumes that Prime Day occurs in second quarter 2026 and assumes that no additional business acquisitions, restructurings, or legal settlements are concluded. source
Impact estimates
| metric | direction | stage | expected | basis |
|---|---|---|---|---|
| operating_income | positive | committed | +1.3% | Amazon's second quarter 2026 guidance issued April 29, 2026: operating income is expected to be between $20.0 billion and $24.0 billion,… |
| revenue | positive | committed | — | Amazon's second quarter 2026 guidance issued April 29, 2026: net sales expected between $194.0 billion and $199.0 billion, or growth… |
| revenue | unclear | probable | — | Amazon's second quarter 2026 guidance assumes that Prime Day occurs in second quarter 2026 and assumes that no additional business… |