Amazon

Q2 FY2026 EarningsQ2 FY26 results significantly beat consensus across key profitability metrics, driven by a massive $50.5B non-cash upward adjustment in Anthropic valuation. Revenue of $200.6B grew 20% YoY, slightly exceeding the $196.6B consensus, while AWS growth accelerated to 37% YoY. Diluted EPS reached $5.75, far surpassing the $1.82 expected due to the one-time investment gain, though Q3 FY26 operating income guidance of $22.5B-$26.5B remains largely in-line with current high-growth expectations.