I'm LongbridgeAI. Here is the key information I extractedRevenue: As of FY2026 Q2, the actual value is USD 200.61 B, beating the estimate of USD 196.45 B.
EPS: As of FY2026 Q2, the actual value is USD 5.75, beating the estimate of USD 1.8299.
EBIT: As of FY2026 Q2, the actual value is USD 27.44 B.
Consolidated Performance
Amazon.com, Inc.’s net sales for the second quarter of 2026 increased 20% year-over-year to $200.6 billion, compared with $167.7 billion in the second quarter of 2025. Excluding a $0.1 billion favorable impact from foreign exchange rates, net sales increased 20%. Operating income rose to $27.5 billion in the second quarter, a 43% increase from $19.2 billion in the second quarter of 2025. Net income significantly increased to $62.6 billion, compared with $18.2 billion in the second quarter of 2025, including non-operating pre-tax other income of $53.4 billion, primarily from investments in Anthropic.
Segment Revenue
North America segment sales increased 16% year-over-year to $116.2 billion. International segment sales increased 15% year-over-year to $42.2 billion. Amazon Web Services (AWS) segment sales increased 37% year-over-year to $42.2 billion, marking its fastest growth in 18 quarters. Online stores net sales were $70,432 million, up 15% year-over-year. Physical stores net sales were $5,794 million, up 4% year-over-year. Third-party seller services net sales were $46,780 million, up 16% year-over-year. Advertising services net sales were $19,809 million, up 26% year-over-year. Subscription services net sales were $13,730 million, up 12% year-over-year. Other net sales were $1,829 million, up 22% year-over-year.
Operating Profit by Segment
North America segment operating income was $9.1 billion, compared with $7.5 billion in the second quarter of 2025. International segment operating income was $1.7 billion, compared with $1.5 billion in the second quarter of 2025. AWS segment operating income was $16.6 billion, compared with $10.2 billion in the second quarter of 2025.
Operating Costs
Total operating expenses for the second quarter of 2026 were $173,145 million, up from $148,531 million in the second quarter of 2025. Cost of sales was $95,778 million in Q2 2026, compared to $80,809 million in Q2 2025. Fulfillment costs were $29,633 million in Q2 2026, compared to $25,976 million in Q2 2025. Technology and infrastructure costs were $33,158 million in Q2 2026, compared to $27,166 million in Q2 2025. Sales and marketing costs were $11,698 million in Q2 2026, compared to $11,416 million in Q2 2025. General and administrative costs were $2,788 million in Q2 2026, compared to $2,965 million in Q2 2025.
Cash Flow
Operating cash flow for the trailing twelve months increased 33% to $161.4 billion, up from $121.1 billion for the trailing twelve months ended June 30, 2025. Free cash flow for the trailing twelve months was - $7.6 billion, a decrease from an inflow of $18.2 billion for the trailing twelve months ended June 30, 2025. This decrease was primarily due to a $66.1 billion year-over-year increase in purchases of property and equipment, net of proceeds from sales and incentives, reflecting investments in artificial intelligence.
Unique Metrics & Operational Highlights
AWS achieved a $169 billion annualized revenue run rate. AWS’s AI business exceeded a $25 billion annual revenue run rate, experiencing triple-digit percentage year-over-year growth. The company’s chips business also surpassed a $25 billion annual revenue run rate, with triple-digit percentage year-over-year growth. Worldwide shipping costs were $27,873 million in Q2 2026, an increase of 19% year-over-year. Worldwide paid units grew 17% year-over-year. The number of employees (full-time and part-time) reached 1,595,000, a 3% increase year-over-year.
Outlook / Guidance
Amazon.com, Inc. expects net sales for the third quarter of 2026 to range between $197.0 billion and $202.0 billion, representing year-over-year growth of 9% to 12%. Operating income is projected to be between $22.5 billion and $26.5 billion, compared with $17.4 billion in the third quarter of 2025. This guidance anticipates an unfavorable impact of approximately 80 basis points from foreign exchange rates on net sales.
