Amazon reported third-quarter net sales of $201.9 billion, up 12% year over year, and AWS sales growth of 39.3%, its fastest in nearly five years. Operating income reached $28.1 billion. The company reported negative $42.4 billion in trailing-12-month free cash flow, primarily reflecting higher investment in property and equipment linked to AI. The quarterly results were released on 29 October 2026; the reported cash-flow figure spans 12 months, not Q3 alone.
Amazon delivered strong third-quarter 2026 results, with revenue climbing 12% to $201.9 billion and operating income reaching $28.1 billion. AWS growth accelerated to 39.3%, supported by rising DemandHow much buyers want at a given price. Stronger demand can make buyers compete with higher offers.Read More for cloud and AI services. However, heavy infrastructure investment pushed trailing 12-month free cash flow to negative $42.4 billion, highlighting the financial costs of Amazon's aggressive AI expansion strategy.
