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Amazon Smashes Quarterly Sales Record with AWS-Led Growth

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AMZN NVDA
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Amazon has reported its largest quarter ever in Q2 2026, achieving $200.6 billion in sales and a 43% increase in operating income.

The growth was mainly driven by Amazon Web Services (AWS) and advertising, with AWS contributing 21% of total revenue but 60% of operating income, boasting a 39.4% margin and a $496 billion backlog growing rapidly.

Amazon's investment in Anthropic adds strategic financial flexibility and helps mitigate risks related to Nvidia’s chip pricing.

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