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Amazon Now Does Everything: From Books to Satellites to $615 Million Movies
AWS revenue climbed 28% to $37.6 billion, while Amazon issued second-quarter sales guidance that topped Wall Street’s estimate but trailed on operating income.
- On Wednesday, Amazon reported first-quarter earnings of $2.78 per share on $181.5 billion in revenue, surpassing Wall Street's $177.2 billion forecast.
- Amazon Web Services drove growth with sales reaching $37.6 billion, a 28% increase year over year that surpassed the consensus call for $36.7 billion.
- North America sales increased 12% to $104.1 billion, while international revenue rose 11% to $39.8 billion, helping achieve $23.9 billion in operating income.
- For the April-June quarter, management expects net sales between $194.0 billion and $199.0 billion with operating income projected from $20 billion to $24 billion.
- Advertising revenue grew to over $70 billion, while CEO Andy Jassy noted that AWS's AI revenue run rate topped $15 billion in the first quarter.
19 Articles
19 Articles
Amazon Now Does Everything: From Books to Satellites to $615 Million Movies
The post Amazon Now Does Everything: From Books to Satellites to $615 Million Movies appeared first on 24/7 Wall St.. Quick Read CEO Andy Jassy highlighted Amazon (AMZN) hitting delivery speed and entertainment milestones, but AWS growth at 28% to $37.59 billion remains the core of the investment thesis. AWS posted fastest growth in 15 quarters at 38% operating margin, anchored by multi-year AI compute commitments from OpenAI and Anthropic to…
AWS growth climbs to 28% as Amazon’s big AI bets start to pay off
Amazon Web Services growth accelerated to 28% in the first quarter — its fastest pace in nearly four years — pushing Amazon’s results past Wall Street’s expectations and validating, at least for now, the company’s controversial $200 billion capital spending plan. Overall, Amazon posted sales of $181.5 billion, up 17%, and operating income of $23.9 billion, up 30%. Both topped guidance and exceeded Wall Street’s expectations of about $177 billion…
Amazon Made $181.5 Billion in Net Sales in the First Quarter of 2026
Amazon released its Q1 2026 financial results today, sharing that the company made $181.5 billion in net sales in the first three months of the year, a 17% increase. In the report ahead of today’s earnings call, the company shared some of the highlights from the period, including major AWS partnerships with companies like OpenAI, […] The post Amazon Made $181.5 Billion in Net Sales in the First Quarter of 2026 appeared first on Cord Cutters News.
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