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Amazon.com (AMZN) Q2 2026 earnings results (second quarter 2026)
10-Q filed Jul 31, 2026
Amazon.com (AMZN) reported revenue of $200.6B for the second quarter 2026 (Q2 2026), +20% from a year earlier and +11% from the quarter before. Operating margin was 13.7%, net earnings $62.6B (31.2% of revenue).
Amazon.com, Q2 2026: revenue $200.6B (+20% year over year), operating margin 13.7%, net earnings $62.6B, operating cash flow $45.4B. The chart follows the revenue to costs, profit and cash.
| Q2 2026 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $200.6B | +11% | +20% |
| Operating profit | $27.5B | +15% | +43% |
| Net earnings | $62.6B | +107% | +245% |
| Operating cash flow | $45.4B | +74% | +40% |
What changed
Revenue was $200.6B in Q2 2026, up 20% year over year and up 11% from the previous quarter. Online stores was the largest line at 35% of revenue. AWS added $11.4B year over year (up 37%), 35% of the total change.
Operating profit was $27.5B, a 13.7% margin (up 2.3 points year over year). Of the extra revenue versus Q2 2025, 25% reached operating profit, above the 11% margin then. Total costs grew 17% against revenue growth of 20%. The fastest-growing cost line was Cost of revenue (+19%). Net earnings were $62.6B, up 245% year over year. The effective tax rate was 22.5%. Non-operating items added $53.4B, 66% of pre-tax earnings, so the bottom line overstates operating performance.
Operating cash flow was $45.4B (up 40% year over year), 72% of net earnings. Non-cash charges added back $20.0B of depreciation and amortization and $6.0B of share-based compensation. Working capital and other items used $43.3B. Capital expenditures of $54.2B exceeded it, leaving free cash flow of −$8.8B.
Questions
What was Amazon.com's revenue in the second quarter 2026?
Amazon.com (AMZN) reported revenue of $200.6B for the second quarter 2026 (Q2 2026), +20% from a year earlier and +11% from the quarter before.
Was Amazon.com profitable in the second quarter 2026?
Operating profit was $27.5B (13.7% of revenue) and net earnings $62.6B.
Source: Amazon.com 10-Q on SEC EDGAR.