AWS Fuels Amazon's Growth as Backlog Surges Past $400B
Amazon's AWS revenue surged to $42.2 billion in Q2, marking five consecutive quarters of accelerating growth for AMZN.
The company's AWS backlog reached a record-high $496 billion, with capacity largely reserved for 2027 and strong demand expected for 2028.
AWS operating margin expanded to approximately 39.4%, indicating that Amazon's rapidly growing AI workloads can deliver attractive profitability.