AWS revenue rose 28% YoY in Q1 to $37.6B, vs. $36.64B est., its fastest growth in 15 quarters, as capital expenditure rose to $44.2B, up from $25B in Q1 2025
$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.