Amazon.com Inc

AMZN: XNAS (USA)

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Amazon Earnings: AWS Revenue Surges, Driving Margins Higher, While Capex Is Contained

Dan Romanoff

Jul 31, 2026

Amazon reported second-quarter results that beat the high end of guidance on both the top and bottom lines. Revenue increased 20% year over year in constant currency to $200.6 billion, while operating margin was 13.7% versus 11.4% a year ago.

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Amazon.com Inc

Amazon Earnings: AWS Revenue Surges, Driving Margins Higher, While Capex Is Contained

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