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Amazon announces Q2 earnings

Plus, how Amazon Leo will connect mobile devices from space


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Plus, how Amazon Leo will connect mobile devices from space
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News, facts, original stories, and more from the source.
  August 1, 2026
 
Collage highlights a sensor chip and delivery worker to automated robots.
Amazon.com, Inc. announced financial results this week for its second quarter ended June 30, 2026. Some highlights include:
  • Net sales increased 20% year-over-year
  • Operating income was $27.5 billion, up 43% year-over-year
  • AWS net sales increased 37%—its fastest growth in 18 quarters—to a $169 billion annualized revenue run rate
“AWS is booming, growing 36.7% year-over-year in Q2—our fastest growth in 18 quarters—and our AI and Chips businesses each eclipsed run rates of more than $25 billion,” said Andy Jassy, President and CEO, Amazon. “In Stores, we again set record delivery speeds for Prime members in the first half of the year—over 40% more items delivered same-day or overnight, with Grocery and Everyday Essentials growing meaningfully faster than the rest of the business. And, Advertising had another strong quarter with 26% year-over-year growth. There’s a lot to be excited about, and we have much more coming for customers in the second half of the year and beyond.”
 
 
 
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Did you know?

 
Amazon Leo is bringing satellite connectivity straight to your phone. Up to 5,105 new satellites plan to deliver voice, data, messaging, and emergency services to compatible devices in areas cell towers can't reach, starting in 2028.
 
 
 

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