Home › News › Brands and business › Amazon
News · BrandsAmazon sells $201.9 billion in three months and its cloud grows like it hasn't in five years, but Wall Street punishes it
Amazon brought in $201.9 billion between July and September and its cloud business, AWS, grew 39%. Even so, its shares fell about 6% after the report because of its huge spending on artificial intelligence.
Translated from the original Spanish article. Read in Spanish
News published on October 29, 2026. The situation may have changed since then.
Amazon released its third-quarter results (July to September) on October 29, 2026. It earned a lot, grew a lot... and its shares still fell.
The key figures
- Sales: $201.9 billion, up 12% from a year ago. - AWS, its cloud business: $46 billion, up 39%. It is its fastest growth in nearly five years. - Operating income: $28.1 billion. Its margin was 13.9%, the highest in its history. - Earnings per share: $1.89, compared with $1.95 a year ago.
Analysts expected sales of about $202 billion and $1.96 per share, according to the firm Pepperstone. Amazon came in slightly below.
AWS earned $17.8 billion in three months, more than Amazon's North America and international businesses combined.
Why the stock fell
Shares fell about 6% after the close, according to The Motley Fool. The reason is spending.
Amazon is sticking to its plan to invest about $220 billion this year, mostly in data centers for artificial intelligence. That is why its free cash flow over the last 12 months was negative: $42.4 billion more went out than came in.
Its long-term debt has nearly tripled since December.
What comes next
For the last quarter of the year, Amazon expects sales of between $240 billion and $247 billion.
Its CEO, Andy Jassy, expects AWS to grow more than 40% in 2027 and 2028. The company will also hire more than 300,000 workers for the holidays and raise the starting pay of its U.S. warehouse employees to $20 an hour.
More stories on video
This story is web-only. Every week on our social media we tell the stories behind brands and the news.
Is spending so much on artificial intelligence a brilliant bet by Amazon or too big a risk?
Tell us in the comments on our social media.
Sources (in Spanish)
- Ventas, AWS, beneficios, margen, previsión, inversión, contrataciones y sueldos: Amazon, informe ante la SEC (29 de octubre de 2026).
- Caída en bolsa, flujo de caja y deuda: The Motley Fool (29 de octubre de 2026).
- Previsiones de los analistas: Pepperstone (octubre de 2026).
Photos are from Wikimedia Commons under free licenses; the author and license are shown under each image.
