Amazon reports Q1 revenue up 17% YoY to $181.5B, net income up 77% YoY to $30.3B, operating income up 30% YoY to $23.9B, and a $20B+ revenue run rate from chips

Amazon.com, Inc. (NASDAQ: AMZN) today announced financial results for its first quarter ended March 31, 2026.

Amazon 2026-04-30

@munster_gene Gene Munster on x
$AMZN revenue up 15% in March vs. 12% in December. AWS up 28% missed the whisper of 30%. Thats ok because the real number was likely much better. Have to wait for the call to hear more. My take: Like Microsoft, Amazon needs to make a statement with investors that they have AI
@quinnypig Corey Quinn on x
Huh. Amazon's free cash flow has collapsed by 95%, because basically every dollar in the door goes back out as concrete, GPUs, and substations. CapEX went up $59.3B. Net income was $30.3B. $16.8B of that is a pre-tax paper gain from marking up their Anthropic stake
@stocksavvyshay Shay Boloor on x
$AMZN CEO Andy Jassy said memory and storage costs have “skyrocketed” with memory under the most pressure. He said there isn't enough capacity for current demand reinforcing why hyperscalers are being pushed toward custom silicon and more cost-efficient infrastructure. [image]
@stephanie_link Stephanie Link on x
$AMZN: good Q w beat/raise. TR +17% w N.A. retail +12%, intl +19%, AWS +28%, Ads +24%. OI beat and capex in line. Clearly the capex is working. Incredible growth for a company of this size/scale.
@benbajarin Ben Bajarin on x
$AMZN “AWS is growing 28% (our fastest growth in 15 quarters) on a very large base, our chips business topped a $20 billion revenue run rate (growing triple digits year-over-year)” Folks were hoping for 30+ % but still growing.
@jimcramer Jim Cramer on x
AWS 28% growth-very impressive.

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