Amazon Reports Strong Q1 2026 Earnings
Amazon (NASDAQ: AMZN) achieved a remarkable 17% year-over-year revenue increase to $181.52 billion in Q1 2026, surpassing the $177.3 billion analyst consensus. The company’s earnings per share surged 75% to $2.78, though this figure included a significant gain from its investment in Anthropic. AWS revenue grew 28% year-over-year to $37.6 billion, marking its fastest growth in 15 quarters, while operating income in the segment rose 23% to $14.2 billion.
North America sales climbed 12% year over year to $104.1 billion, and international sales increased by 19% to $39.8 billion. Overall, Amazon forecasted Q2 revenue between $194 billion and $199 billion, exceeding analyst expectations of $188.9 billion. The company is also set to launch its Leo satellite commercial internet service in Q3 2026.
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