Amazon's third-quarter revenue of $201.94 billion and EPS of $1.89 fell short of Wall Street estimates, and shares fell in extended trading. AWS sales rose 39% to $45.98 billion, its fastest growth in nearly five years, while Amazon held its 2026 capital spending forecast at about $220 billion. Heavy AI infrastructure investment pushed trailing 12-month free cash flow to a $42.4 billion outflow.
Source: CNBC
AmazonAmazon.com Announces Third Quarter Results (opens in a new tab)Loading market data…
Amazon spent more than $77 billion on property and equipment in the third quarter, far more than analysts’ estimates, while pursuing its effort to build data centers and fulfill demand for artificial intelligence services
— Bloomberg (@business) Oct 29, 2026
AMAZON SEES Q4 ADVERTISING REVENUE GROWTH IN THE HIGH TEENS YOY, STILL SEES 2026 CASH CAPEX OF ABOUT $220 BLN, AND SEES AWS REVENUE GROWTH RATES ABOVE 40% IN 2027 AND 2028
— First Squawk (@FirstSquawk) Oct 29, 2026
Amazon earnings are out — and the stock is falling. Here's what to know.
— MarketWatch (@MarketWatch) Oct 29, 2026
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