ApplyDjinn digest · AI assisted
Amazon reported booming cloud revenue but otherwise missed expectations
Overview
Amazon's third-quarter results missed analysts' expectations for total revenue and earnings per share, and free cash flow turned deeply negative as AI spending surged. The bright spot was Amazon Web Services, which beat sales forecasts and grew sharply from a year earlier. Amazon still expects about $220 billion in cash capital expenditures for 2026.
Key facts
- Net sales rose 12% to $201.9 billion, below FactSet's $202.2 billion estimate.
- Fully diluted earnings per share were $1.89, versus $1.97 expected.
- AWS operating income rose to $17.8 billion from $11.4 billion in the third quarter of 2025.
Key figures
- $201.9 billion — Third-quarter net sales, up 12% year over year
- $1.89 — Fully diluted earnings per share for the quarter
- $45.98 billion — AWS sales, above the $45.29 billion analyst forecast
- 39% — AWS growth versus the year-ago quarter
- negative of $42.4 billion — Free cash flow for the trailing 12 months
- about $220 billion — Cash capital expenditures expected for full-year 2026
Context
With one quarter left in fiscal 2026, Amazon forecast fourth-quarter net sales of $240 billion to $247 billion, typically its largest retail season.
What remains uncertain
Misses are versus FactSet analyst expectations. Free cash flow is for the trailing 12 months, not a single quarter.
A concise AI-assisted digest of selected facts. The original publication may contain additional detail and later updates. Company data below is a separate ApplyDjinn observation.
Request a correction or removalApplyDjinn context
What else is visible for Amazon?
These are observations in our catalog around the company, not claims made by the article. A publication does not establish why hiring, search interest, or share prices moved.
Current roles
525
30-day current-market scope
Company stories · 30d
111
55 official · 56 independent
Attention records · 7d
15
1 Google · 14 Polymarket
Coverage mix
Attention sources
Open roles
525
AMZN share
$240.35
30-day share move
-3.5%
Hiring and market history
Daily vacancy snapshots and closing share prices are independent signals.
Vacancy history
AMZN closing price
Share price is shown for context, not as company-size or investment advice.
Vacancy history uses saved daily snapshots through 2026-11-01. News counts are dated publications; attention counts are matched records, not search volume or prediction probabilities.