AMZN · 10-Q · 2026Q3 · Full report

Q4 2026 Guidance

AMAZON COM INC · 2026-10-30 · Importance 85 · Surprise 76 · No source text

On October 29, 2026, Amazon forecast Q4 net sales of $240.0 billion to $247.0 billion, representing year-over-year growth of 12% to 16%, with an approximately 60-basis-point unfavorable foreign-exchange effect. The company expected Q4 advertising revenue to grow in the high teens year over year, following 12% FX-adjusted growth in Q3 that was affected by Prime Day timing anomalies. Q4 operating income guidance was $28.5 billion to $33.5 billion, compared with $25.0 billion in Q4 2025. The guidance assumes no impact from energy-derivative contract remeasurements and no additional acquisitions, restructurings, or legal settlements.

Key facts

• Amazon’s Q4 2026 net sales guidance is $240.0 billion to $247.0 billion, or 12% to 16% growth compared with Q4 2025, including an approximately 60-basis-point unfavorable foreign-exchange impact. source
• Amazon’s Q4 2026 operating income guidance is $28.5 billion to $33.5 billion, compared with $25.0 billion in Q4 2025. source
• Amazon continues to expect 2026 cash capital expenditures of approximately $220 billion. source
• Amazon expects year-over-year advertising revenue growth in the high teens in Q4 2026. source
• Amazon’s Q4 2026 guidance assumes no impact from energy derivative contract remeasurements and that no additional business acquisitions, restructurings, or legal settlements are concluded. source

Impact estimates