AWS Q3 2026: fastest growth in nearly 5 years, up 39% to $46B
Why it matters
Amazon's Q3 2026 results show AWS segment sales up 39% year over year to $46.0 billion (39.3%, its fastest growth in nearly five years, a $184 billion annualized run rate). Total token volume on Amazon Bedrock grew nearly 17x year over year, and CEO Andy Jassy projects AWS revenue growth above 40% in both 2027 and 2028. The cost: trailing-12-month free cash flow swung to a $42.4 billion outflow, driven mainly by capital spending Amazon says primarily reflects AI investment, and Amazon still expects about $220 billion in 2026 cash capex.
Read the source: Amazon (Q3 2026 results) (opens in a new tab)
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