Amazon to Release Q2 2026 Earnings Report, Revenue Expected at $196.47 Billion

Amazon will announce its Q2 2026 earnings report after the U.S. stock market closes. The market expects the company's revenue to be $196.47 billion, with earnings per share of $1.82. Among this, AWS cloud business revenue is expected to reach $40.54 billion, and advertising revenue is projected at $19.43 billion. The market is paying attention to the progress of Amazon's AI infrastructure investments. The company maintains its capital expenditure guidance of approximately $200 billion for 2026, but after Alphabet raised its full-year capital expenditure forecast, several institutions expect Amazon may also increase its full-year capital expenditure target. Morgan Stanley predicts that Amazon's capital expenditure will reach $218 billion this year and is optimistic about AWS maintaining long-term growth driven by collaborations with OpenAI, Anthropic, and others.

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