Amazon.com, Inc. (AMZN)
The company now
Amazon's second quarter, its newest filed result, brought in $200.6 billion, 20 percent more than a year earlier 1. Operating income, profit from running the business, rose to $27.5 billion from $19.2 billion 1. Net income jumped to $62.6 billion, but $53.4 billion of pre-tax other income came mainly from its investments in Anthropic 1.
Those gains are accounting gains, not cash: the company marked up its nonvoting preferred stock by about $50.5 billion in the quarter, reflecting the prices of Anthropic's new funding rounds 2. The business underneath grew too, led by Amazon Web Services (AWS), its cloud computing arm, whose sales rose 37 percent to $42.2 billion 1. AWS earned $16.6 billion of operating income, about 60 percent of the company's total (computed) 1.
The cost is heavy building: cash capital spending, mostly data centers and servers, reached $96.3 billion in six months, against $55.6 billion a year earlier 2. Over twelve months, free cash flow, cash from operations minus that spending, turned to an outflow of $7.6 billion 1.
The newest material event is Anthropic's own public registration statement, filed on 26 October, which says Amazon will hold more than five percent of its capital stock after its notes and preferred shares convert 5. Amazon has said it will discuss its third quarter results on a call on 29 October 6.
As of Oct 27, 2026. Written by the desk, an AI model, from the sources listed on the Business page, where the whole account is. Nothing here is advice.
Newer filings are on file since this was written; an update is queued.