AMZN · 10-Q · 2026Q3

AMAZON COM INC

Filed 2026-10-30 · Consumer · View original filing on EDGAR

Ranked Events

• AI Infrastructure Investment OutlookImportance 89 · Surprise 82
  Amazon expects 2026 cash capital expenditures of approximately $220 billion and said cash capital expenditures are expected to meaningfully increase in 2027, primarily due to technology-infrastructure investment. The…
• Capital Expenditure and Cash FlowImportance 89 · Surprise 82
  Cash capital expenditures increased to $75.9 billion in Q3 2026 from $34.2 billion in Q3 2025 and to $172.2 billion for the first nine months of 2026 from $89.9 billion in the comparable 2025 period. The expenditures…
• Q4 2026 GuidanceImportance 85 · Surprise 76
  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…
• Income Tax Rate ChangesImportance 77 · Surprise 82
  The income tax provision for the first nine months of 2026 was $33.9 billion, compared with $14.1 billion in the same 2025 period. The 2026 provision included $15.2 billion of net discrete tax expense, primarily…
• Operating Income and MarginsImportance 69 · Surprise 64
  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…
• Cloud Services Growth (AWS)Importance 64 · Surprise 56
  AWS sales increased 39% in Q3 2026 and 35% for the first nine months of 2026, with growth primarily reflecting increased customer usage. Pricing changes, primarily driven by long-term customer contracts, partially…
• Other Income — Equity Valuation GainsImportance 63 · Surprise 64
  Other income (expense), net was a loss of $703 million in Q3 2026, compared with income of $10.2 billion in Q3 2025. For the first nine months of 2026, other income was $68.4 billion, versus $14.1 billion in the same…
• Strategic Investment CommitmentsImportance 58 · Surprise 42
  Amazon invested $50.0 billion in OpenAI Series C preferred stock during the first nine months of 2026, including $21.3 billion in Q3. It also invested $10.0 billion in Anthropic nonvoting preferred stock during the…
• Market Demand TrendsImportance 54 · Surprise 40
  North America sales increased 6% in Q3 2026 and 11% for the first nine months, while International sales increased 5% and 13%, respectively. In both regions, growth primarily reflected increased unit sales, including…
• Operating Expense TrendsImportance 54 · Surprise 40
  Total operating expenses rose from $162.747 billion to $173.868 billion in Q3 2026 and from $448.540 billion to $504.680 billion for the first nine months of 2026. Technology and infrastructure costs increased to…
• Revenue Performance and MixImportance 54 · Surprise 40
  Consolidated net sales increased 12% to $201.944 billion in Q3 2026 and 16% to $584.069 billion for the first nine months of 2026, compared with the same periods in 2025. Q3 revenue was $112.852 billion in North…
• Interest Expense IncreaseImportance 45 · Surprise 64
  Interest expense increased to $1.7 billion in Q3 2026 from $538 million in Q3 2025, more than tripling year over year. For the first nine months of 2026, interest expense was $3.8 billion, up from $1.6 billion in the…
• Liquidity and Debt PositionImportance 36 · Surprise 14
  Cash, cash equivalents, and marketable securities totaled $114.2 billion at September 30, 2026, down from $123.0 billion at December 31, 2025. Amazon had $17.5 billion of Term Loan borrowings outstanding at September…
• FX / Currency HeadwindsImportance 20 · Surprise 24
  Foreign-exchange movements reduced Q3 2026 net sales by $896 million and reduced International net sales by $927 million; over the first nine months of 2026, FX increased consolidated net sales by $2.1 billion. In the…
• Macroeconomic Factors ImpactImportance 17 · Surprise 24
  Amazon said inflation, interest rates, resource and supply volatility, geopolitical developments, and unpredictable global tariff and trade policies could affect customer demand, growth forecasting, expenses, and the…

Revenue by Product (in millions)

Revenue by Geography (in millions)