Amazon reported its second-quarter 2026 earnings Thursday, revealing it beat Wall Street’s estimates with more than $200 billion in revenue for the April-June quarter.
Ad revenue for the quarter was up 26% while the company’s profit jumped to $62.6 billion with its investment in Anthropic.
Wall Street forecast earnings per share (EPS) of $1.82 on $196.43 billion in revenue, according to analyst consensus data provided by LSEG. Amazon reported diluted EPS of $5.75 on $200.6 billion in revenue.
“AWS is booming, growing 36.7% year-over-year in Q2—our fastest growth in 18 quarters—and our AI and Chips businesses each eclipsed run rates of more than $25 billion,” said in a letter to shareholders. “In Stores, we again set record delivery speeds for Prime members in the first half of the year—over 40% more items delivered same-day or overnight, with Grocery and Everyday Essentials growing meaningfully faster than the rest of the business. And, Advertising had another strong quarter with 26% year-over-year growth. There’s a lot to be excited about, and we have much more coming for
customers in the second half of the year and beyond.”
More to come…
