Amazon has posted strong third quarter results for the period ended on 30 September 2026, with net sales increasing by 12 per cent to $201.9bn compared to $180.2bn in the year prior.
The e-commerce platform’s North America segment sales went up by 6 per cent year-over-year to $112.9bn.
The company’s operating income went up to $28.1bn in Q3 in comparison to $17.4bn in the same period last year.
However, net income went down to $20.7bn in the third quarter, and the reduction was due to investments in Anthropic and pre-tax gains of $9.5bn in Q3 of 2025.
The company’s operating cash flow increased by 29 per cent to $168.3bn for the twelve months in comparison to the $130.7bn in the same period last year.
Andy Jassy, president and CEO of Amazon said: “Our AWS investment in functionality and infrastructure is working, with over 39 per cent year-over-year revenue growth in Q3 ($184bn revenue run rate) and projected revenue growth rates of over 40% both in 2027 and in 2028.
“Our broader selection and speedier delivery are helping us capture more retail market segment share with improving margins, and our newer businesses, ranging from grocery to pharmacy to Amazon Leo to Zoox are progressing encouragingly. There has never been a trillion-dollar revenue business, and we may have two of them in the next 5-10 years.”
During the year, the period, Amazon heavily invested in the use of AI and launched built-in web search for OpenAI models.
Additionally, the online platform announced a $1.5bn investment to increase the minimum pay for US operations staff members to $20 an hour.
Moving forward, Amazon forecasted a net sales growth of between 12 per cent and 16 per cent compared with the fourth quarter of 2025.
The online retailer predicted operating income of between $28.5bn and $33.5bn compared to $25bn in fourth quarter 2025.
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