AMZN · 10-Q · 2026Q2 · Full report

Trade Policy and Tariffs

AMAZON COM INC · 2026-07-31 · Importance 30 · Surprise 42

Amazon states that Q2 2026 cost of sales included tariff refunds received under the International Emergency Economic Powers Act (IEEPA). The filing does not quantify the refunds, but identifies tariff and trade-policy changes as factors that may affect customer demand, costs, and operating results. Third-quarter guidance assumes no specified additional tariff-related effect beyond the broader risks identified by management.