AMZN · 10-Q · 2026Q3 · Full report

Operating Income and Margins

AMAZON COM INC · 2026-10-30 · Importance 69 · Surprise 64 · From source text

Consolidated operating income increased 61% from $17.422 billion in Q3 2025 to $28.076 billion in Q3 2026, and rose from $54.998 billion to $79.389 billion for the first nine months of 2026. North America operating income rose to $8.723 billion in Q3 and $26.113 billion year to date, primarily on higher unit and advertising sales, partly offset by shipping, fulfillment, and technology costs. International operating income increased to $1.580 billion in Q3 and $4.721 billion year to date, with increased unit and advertising sales partly offset by shipping and fulfillment costs. AWS operating income rose to $17.773 billion in Q3 and $48.555 billion for the nine months, primarily reflecting increased sales, partly offset by infrastructure investment; AWS sales grew 39% in Q3 and 35% year to date.

Key facts

• Amazon consolidated operating income increased from $17.4 billion in Q3 2025 to $28.1 billion in Q3 2026, and from $55.0 billion for the nine months ended September 30, 2025 to $79.4 billion for the nine months ended September 30, 2026. source
• North America operating income increased in Q3 2026 and the first nine months of 2026 primarily due to increased unit and advertising sales, partially offset by increased shipping, fulfillment, and technology and infrastructure costs. source
• International operating income increased in Q3 2026 and the first nine months of 2026 primarily due to increased unit and advertising sales, partially offset by increased shipping and fulfillment costs. source
• AWS operating income increased in Q3 2026 and the first nine months of 2026 primarily due to increased sales, partially offset by technology infrastructure spending primarily driven by additional investment to support AWS growth. source

Impact estimates