Amazon announced on Thursday (30) second-quarter results that exceeded market projections, with the robust advancement of its cloud computing unit being the main driver of this performance.
Quarterly Financial Performance
The company's total revenue reached US$ 200.6 billion (equivalent to R$ 1.02 trillion), surpassing the estimate of US$ 196.4 billion (R$ 997.9 billion) calculated by LSEG. Furthermore, earnings per share was US$ 5.75 (R$ 29.21), a figure higher than the forecast of US$ 1.82 (R$ 9.24) per share, according to LSEG data.
The Amazon Web Services (AWS) division was a highlight, generating revenue of US$ 42.2 billion (R$ 214.3 billion), which exceeded the expectation of US$ 40.5 billion (R$ 205.9 billion) reported by StreetAccount. Revenue from advertising also proved strong, reaching US$ 19.8 billion (R$ 100.6 billion), above StreetAccount's projection of US$ 19.4 billion (R$ 98.7 billion).
AWS Growth and Innovations
AWS demonstrated an annual growth of 37% in the quarter, a rate that surpassed Wall Street's expectation, which had predicted an expansion of 31%. Amazon CEO Andy Jassy stated that this represented the fastest growth for the division in the last 18 quarters.
In a statement attached to the balance sheet, Jassy explained that AWS is undergoing a period of intense expansion, attributing this success to progress in artificial intelligence (AI) and chips developed internally by Amazon itself. He reported that both the AI segment and the semiconductor area have already exceeded an annualized revenue of US$ 25 billion (R$ 126.9 billion).
In recent years, Amazon has invested significantly in its proprietary chips, such as the Trainium and Graviton families, which are considered a new pillar of growth by the company. Simultaneously, its AI products, such as the Bedrock marketplace, have focused primarily on the corporate market.
Third Quarter Projections
Regarding the third quarter, Amazon set a revenue target between US$ 197 billion and US$ 202 billion (R$ 1 trillion/R$ 1.02 trillion). However, this forecast fell short of what analysts consulted by LSEG expected, who estimated US$ 204.1 billion (R$ 1.03 trillion) for the same period.
The company justified this projection by citing the impact of the change in the Prime Day schedule. While traditionally held in July, the promotional event was moved to June in 2026. Amazon emphasized that if the effects of Prime Day were ignored, the projected growth for the third quarter of 2026 would be nearly 400 basis points higher.