--- title: "Amazon Posts Double Beat In Q2, Fastest AWS Growth In 18 Quarters" type: "News" locale: "en" url: "https://longbridge.com/en/news/294413860.md" description: "Amazon reported Q2 revenue of $200.61 billion and EPS of $5.75, beating estimates. AWS grew 37%, its fastest in 18 quarters, driven by AI investments. Operating cash flow rose 33% to $161.4 billion. Shares surged nearly 9% after hours. Management expects Q3 revenue between $197B-$202B." datetime: "2026-07-31T02:25:04.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/294413860.md) - [en](https://longbridge.com/en/news/294413860.md) - [zh-HK](https://longbridge.com/zh-HK/news/294413860.md) --- # Amazon Posts Double Beat In Q2, Fastest AWS Growth In 18 Quarters **Amazon.com Inc** (NASDAQ:AMZN) posted financial results for the second quarter on Thursday after the closing bell. Here’s a rundown of the e-commerce giant’s report. - **Amazon shares are trending.** What’s behind AMZN gains? ## **Amazon Q2 Earnings Highlights** Amazon reported second-quarter revenue of $200.61 billion, beating the consensus estimate of $196.46 billion, according to Benzinga Pro. The company posted second-quarter earnings of $5.75 per share, beating analyst estimates of $1.82 per share. Total revenue increased 20% on a year-over-year basis. Here’s a breakdown of revenue by segment. - **North America:** $116.2 billion, up 16% - **International:** $42.2 billion, up 15% - **Amazon Web Services:** $42.2 billion, up 37% (fastest growth in 18 quarters) Operating cash flow increased 33% to $161.4 billion for the trailing 12 months, and free cash flow decreased to an outflow of $7.6 billion, driven primarily by a year-over-year increase of $66.1 billion in purchases of property and equipment, reflecting AI investments. Amazon ended the period with $80.93 billion in cash, cash equivalents and restricted cash. “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 of 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.” Amazon expects third-quarter revenue to be between $197 billion and $202 billion versus estimates of $204.08 billion. Operating income is expected to be between $22.5 billion and $26.5 billion in the third quarter, compared to $17.4 billion in the comparable quarter last year. “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,” Jassy added. **Amazon management will further discuss the quarter on an earnings call at 5 p.m. ET. A link to the call has been provided below.** ## **AMZN Shares Surge After Hours** **AMZN Price Action:** Amazon shares were up approximately 3.75% year-to-date heading into the print. The stock was up nearly 9% in after-hours, according to Benzinga Pro. **Read Also:** Stock Market Today: Microsoft Ignites Chip Rebound as SanDisk Jumps 24% _Image: Shutterstock.com_ ### Related Stocks - [AMZN.US](https://longbridge.com/en/quote/AMZN.US.md) - [AMZW.US](https://longbridge.com/en/quote/AMZW.US.md) - [AMZZ.US](https://longbridge.com/en/quote/AMZZ.US.md) - [AMZD.US](https://longbridge.com/en/quote/AMZD.US.md) - [AMZU.US](https://longbridge.com/en/quote/AMZU.US.md) - [AMZO.US](https://longbridge.com/en/quote/AMZO.US.md) - [AMZY.US](https://longbridge.com/en/quote/AMZY.US.md) - [AZYY.US](https://longbridge.com/en/quote/AZYY.US.md) - [AMZP.US](https://longbridge.com/en/quote/AMZP.US.md) - [MAGX.US](https://longbridge.com/en/quote/MAGX.US.md) - [MSFT.US](https://longbridge.com/en/quote/MSFT.US.md) - [SNDK.US](https://longbridge.com/en/quote/SNDK.US.md) ## Related News & Research - [Recursive Superintelligence signs $400 compute deal with Amazon](https://longbridge.com/en/news/294074017.md) - [Amazon's Zoox Gets Approval For Paid Robotaxi Service In The U.S.](https://longbridge.com/en/news/294419884.md) - [Prediction: CEO Andy Jassy will raise Amazon's full-year 2026 capex guide on July 30](https://longbridge.com/en/news/293883787.md) - [Discover top deals with AI-powered shopping this Great Freedom Sale on Amazon.in starting 7th August 2026](https://longbridge.com/en/news/294095182.md) - [TikTok is testing a rival to Amazon Prime as it looks to create a US e-commerce giant](https://longbridge.com/en/news/293795483.md)