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Amazon beats Q2 estimates, tops $200B revenue for first time, driven by ads and AWS growth.

Company Fundamentals
30 Jul 2026
Andrew Wynn
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Bullish
pluang ai news

Amazon reported strong Q2 2026 earnings, surpassing analyst expectations with an EPS of $1.88 and revenue of $200.61 billion, marking its first quarterly revenue above $200 billion. The growth was mainly fueled by a 26% increase in advertising revenue and a 37% surge in Amazon Web Services (AWS) revenue, the fastest AWS growth in 18 quarters. Following the report, Amazon's stock rose about 9% in after-hours trading, reflecting investor confidence. The company maintains a stable financial structure with a P/E ratio of 18.69 and a debt-to-equity ratio of 0.40.

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