According to Fortune magazine, Amazon reported net sales of $200.6 billion and an operating profit of $27.5 billion for the second quarter of 2026, with its stock rising over 9% in after-hours trading. AWS revenue reached $42.2 billion, with an operating profit of $16.6 billion and a backlog of customer contracts totaling $496 billion. CEO Andy Jassy stated that Amazon’s expected capital expenditure for 2026 has been raised from $200 billion to $220 billion, noting that 85% of global IT spending is still on-premises, and AWS is capturing the largest share of enterprise migration initiatives.
Amazon Reports Q2 2026 Earnings, Raises Full-Year Capital Expenditure to $220 Billion
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Summary
Amazon reported Q2 2026 net sales of $200.6 billion and operating income of $27.5 billion, with the Fear & Greed Index showing a sharp shift toward optimism. AWS revenue reached $42.2 billion, with a $496 billion contract backlog. CEO Andy Jassy increased 2026 capital spending guidance to $220 billion. Altcoins to watch may experience movement as risk appetite rises. Amazon shares rose over 9% in after-hours trading.
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