Amazon Q1 profit: $181 billion in revenue
Amazon reported its latest quarterly results on Wednesday, showing that revenue from its cloud business, Amazon Web Services (AWS), rose 28% to $37.6 billion from January to March.
Wall Street expects earnings per share (EPS) of $1.65 on revenue of $177.2 billion, according to consensus data from LSEG analysts. Amazon reported adjusted earnings per share of $2.78 on revenue of $181.5 billion. That net sales figure is up 17% from the first quarter of 2025, when the company brought in $155.7 billion in revenue.
Sales in North America rose 12% to $104.1 billion. International sales amounted to $39.8 billion, an increase of 11% compared to last year, excluding currency fluctuations.
For the April-June quarter, Amazon says that “net sales are expected to be between $194.0 billion and $199.0 billion, or to grow between 16% and 19% compared to the second quarter of 2025.” It should be noted that these projections assume that Amazon’s Prime Day sale will take place in the second quarter of 2026.
“We make our customers’ lives easier and better every day across our businesses, and their response is driving significant growth,” said Andy Jassy, President and CEO of Amazon, in a letter to shareholders. “AWS is growing 28% (our fastest growth in 15 quarters) on a very large basis, our chips business surpassed $20 billion in sales (a triple-digit increase year-over-year), advertising grew to over $70 billion in TTM revenue, and unit growth in our stores reached 15% (the highest since the end of Covid lockdowns). We also achieved exciting milestones with delivery speed (over 1 billion items on the same day or at night in 2026 and counting), Project Hail Mary (nearly $615 million at the box office to date and the second most successful non-sequel, non-franchise opening in recent memory), and Amazon Leo continues to resonate with potential customers, with Delta Airlines being the latest to sign on. We are in the midst of some of the biggest changes of our lifetime, we are well positioned to lead and I am very optimistic about what lies ahead for our customers and Amazon.”
More to come…
