Amazon | 8-K: FY2026 Q3 Revenue: USD 201.94 B

Revenue: As of FY2026 Q3, the actual value is USD 201.94 B, compared to the market estimate of USD 202.26 B.

EPS: As of FY2026 Q3, the actual value is USD 1.89, compared to the market estimate of USD 1.9594.

EBIT: As of FY2026 Q3, the actual value is USD 28.58 B.

Third Quarter 2026 Financial Highlights

• Net Sales:

  • Total net sales for Amazon.com, Inc. increased 12% year-over-year to $201.9 billion in the third quarter of 2026, up from $180.2 billion in the third quarter of 2025. Excluding the unfavorable impact from foreign exchange rates, net sales increased 13% year-over-year .
  • North America Segment sales increased 6% year-over-year to $112.9 billion .
  • International Segment sales increased 5% year-over-year to $43.1 billion, or 8% excluding changes in foreign exchange rates .
  • AWS Segment sales increased 39% year-over-year to $46.0 billion, reaching a $184 billion annualized revenue run rate .

• Operating Income:

  • Operating income rose to $28.1 billion in the third quarter of 2026, up from $17.4 billion in the third quarter of 2025 .
  • North America Segment operating income was $8.7 billion, compared with $4.8 billion in the prior year period .
  • International Segment operating income was $1.6 billion, compared with $1.2 billion in the prior year period .
  • AWS Segment operating income was $17.8 billion, compared with $11.4 billion in the prior year period .

• Net Income:

  • Net income decreased to $20.7 billion in the third quarter of 2026, or $1.89 per diluted share, from $21.2 billion, or $1.95 per diluted share, in the third quarter of 2025 .
  • This decline was primarily due to pre-tax gains of $9.5 billion in the third quarter of 2025 from investments in Anthropic .

Cash Flow (Trailing Twelve Months Ended September 30, 2026)

• Operating Cash Flow: Increased 29% to $168.3 billion, compared with $130.7 billion for the trailing twelve months ended September 30, 2025 .
• Free Cash Flow: Decreased to an outflow of - $42.4 billion, compared to an inflow of $14.8 billion for the trailing twelve months ended September 30, 2025 . This was mainly driven by a $94.8 billion year-over-year increase in purchases of property and equipment, net of proceeds from sales and incentives, reflecting investments in artificial intelligence . Free cash flow is calculated as cash flow from operations reduced by “Purchases of property and equipment, net of proceeds from sales and incentives” .

Operational Metrics and Business Highlights

• Employees: Total employees (full-time and part-time) were 1,638,000, representing a 4% year-over-year increase .
• Worldwide Shipping Costs: Increased 11% year-over-year to $28,295 million .
• Worldwide Paid Units: Grew 12% year-over-year .
• AWS Growth: AWS net sales growth of 39.3% in Q3 . Fortune 500 companies’ spending on Amazon Bedrock increased nearly 7x year-over-year, with total token volume growing nearly 17x year-over-year .
• Amazon Now: The ultra-fast delivery service is available in over 450 towns and cities, with the number of items ordered up 10x year-over-year .
• Grocery Business: Fresh groceries and everyday essentials grew approximately 3x faster than the rest of the store, accounting for about half of all units sold in Q3 .
• Alexa for Shopping: Used by over 400 million customers in the last 12 months, with customer interactions up 570% year-over-year .
• Amazon Pharmacy: Saw a more than 60% year-over-year increase in customers, with repeat customers up over 50% year-over-year, and now offers 3-hour prescription delivery in over 350 cities .
• Zoox: Began offering paid rides to customers in autonomous robotaxis in Las Vegas and started testing in San Diego and Houston, now operating in 12 U.S. cities .

Outlook / Guidance

Amazon.com, Inc. expects Q4 2026 net sales to range between $240.0 billion and $247.0 billion, representing 12% to 16% growth year-over-year, with advertising revenue projected to grow in the high teens . Operating income for Q4 2026 is anticipated to be between $28.5 billion and $33.5 billion, and the company maintains its expectation for 2026 cash capital expenditures to be approximately $220 billion . Furthermore, Amazon.com, Inc. projects AWS revenue growth rates of over 40% in both 2027 and 2028 .