Amazon (AMZN) Q1 earnings report 2026
Amazon CEO Andy Jassy speaks during the keynote at AWS re:Invent 2024, a conference hosted by Amazon Web Services, at The Venetian Las Vegas on December 3, 2024 in Las Vegas, Nevada.
Noah Berger | Getty Images
Amazon on wednesday sent It reported better-than-expected earnings and revenue in the first quarter and reported cloud sales exceeded analysts’ expectations.
The stock fell more than 1% in extended trading.
Here is the company’s performance compared to the forecasts of analysts participating in the LSEG survey:
- Earnings per share: $2.78 and $1.64
- Revenues: $177.30 billion versus $181.52
Wall Street was also looking at other key earnings figures:
- Amazon Web Services: $36.64 billion versus $37.59 billion, according to StreetAccount
- Advert: $16.87 billion versus $17.24 billion, according to StreetAccount
Amazon’s revenue in the cloud segment rose 28% year-over-year to $37.59 billion, marking the fastest growth in more than three years. Wall Street expected AWS sales to rise 26%.
Amazon said it expects sales to be between $194 billion and $199 billion this quarter. Analysts surveyed by LSEG were expecting $188.9 billion.
This is breaking news. Please check back for updates.
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