Amazon posted exceptional quarterly results for AWS in Q2 2026, with revenue hitting $42.2 billion, up 37% year-over-year, the fastest growth rate in four and a half years. The cloud division significantly outperformed analyst estimates that had projected around 31% growth. AWS now runs at a $169 billion annualized revenue rate, with operating income surging 64% to $16.6 billion, accounting for over 60% of Amazon’s total operating income. The company also raised its full-year capital expenditure outlook to fund more AI infrastructure, with its custom chips business exceeding a $25 billion annual run rate.
Source: Read the original article
