Amazon.com, Inc. reported second quarter 2026 financial results with net sales increasing 20% year-over-year to $200.6 billion. Operating income rose 43% to $27.5 billion, and net income increased significantly to $62.6 billion, or $5.75 per diluted share, compared to $18.2 billion in the prior year period. The substantial earnings growth was primarily driven by $53.4 billion in non-operating pre-tax other income from investments in Anthropic. AWS net sales grew 37% to $42.2 billion, marking its fastest growth rate in 18 quarters with an annualized revenue run rate of $169 billion. Operating cash flow for the trailing twelve months increased 33% to $161.4 billion, while free cash flow decreased to a $7.6 billion outflow due to heavy capital expenditures in artificial intelligence infrastructure. Amazon.com, Inc. operates in the technology and e-commerce industries, providing consumer online retail, cloud computing services through AWS, digital streaming, and artificial intelligence solutions.
