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The company said AWS sales rose 35% from the prior-year period for the 9 months ended September 30, 2026, with Q3 2026 sales up 39%. It attributed the increase mainly to higher customer usage, partly offset by pricing changes driven by long-term customer contracts.

10-QQuarterly reportFiled Period of report Summary published (UTC)

Key points

AI summary
  1. The company said AWS sales rose 35% from the prior-year period for the 9 months ended September 30, 2026, with Q3 2026 sales up 39%. It attributed the increase mainly to higher customer usage, partly offset by pricing changes driven by long-term customer contracts.

  2. The company said operating income rose from $17.4 billion in Q3 2025 to $28.1 billion in Q3 2026, and from $55.0 billion to $79.4 billion over the 9 months. It cited higher unit sales and advertising revenue in North America operating income, partly offset by higher shipping, fulfillment and technology and infrastructure costs.

  3. The company said operating cash flow was $42.4 billion in Q3 2026 (Q3 2025 $35.5 billion), and investing cash flow was $(113.6) billion (Q3 2025 $(26.1) billion). Cash capital expenditures were $75.9 billion in Q3 2026 (Q3 2025 $34.2 billion), and it said these mainly reflected investments in technology infrastructure and fulfillment network capacity.

  4. The company said it invested $50.0 billion in OpenAI's Series C Preferred Stock (including $21.3 billion in Q3 2026) and an investment in Anthropic nonvoting preferred stock of $10.0 billion during the 9 months ended September 30, 2026. Financing cash flow over the 9 months was an inflow of $111.8 billion, and Term Loan borrowings outstanding as of September 30, 2026 were $17.5 billion.

Summary

AI-written

Analysis scope · Management's discussion (MD&A)We analyzed the Management's Discussion and Analysis (MD&A) section. Other sections of the report, such as the notes to the financial statements and risk factors, were not reviewed.

AWS sales up 39%

The company said AWS sales rose 35% from the prior-year period for the 9 months ended September 30, 2026, with Q3 2026 sales up 39%. It attributed the increase mainly to higher customer usage, partly offset by pricing changes driven by long-term customer contracts.

Source · Based on the MD&A text of the filing

Operating income Q3 $28.1 billion

The company said operating income rose from $17.4 billion in Q3 2025 to $28.1 billion in Q3 2026, and from $55.0 billion to $79.4 billion over the 9 months. It cited higher unit sales and advertising revenue in North America operating income, partly offset by higher shipping, fulfillment and technology and infrastructure costs.

Source · Based on the MD&A text of the filing

Q3 2026 investing cash flow $(113.6) billion

The company said operating cash flow was $42.4 billion in Q3 2026 (Q3 2025 $35.5 billion), and investing cash flow was $(113.6) billion (Q3 2025 $(26.1) billion). Cash capital expenditures were $75.9 billion in Q3 2026 (Q3 2025 $34.2 billion), and it said these mainly reflected investments in technology infrastructure and fulfillment network capacity.

Source · Based on the MD&A text of the filing

OpenAI investment and financing cash flow

The company said it invested $50.0 billion in OpenAI's Series C Preferred Stock (including $21.3 billion in Q3 2026) and an investment in Anthropic nonvoting preferred stock of $10.0 billion during the 9 months ended September 30, 2026. Financing cash flow over the 9 months was an inflow of $111.8 billion, and Term Loan borrowings outstanding as of September 30, 2026 were $17.5 billion.

Source · Based on the MD&A text of the filing

Structured SEC financial data for this filing is not available yet. Please check the figures in the SEC filing.

AI summarized the filing and translated the summary into English; it may differ from the original. For reference only, not investment advice. AI translated the published Korean report into English. Figures are copied as filed, not recalculated.

Original filing

The filing as submitted to SEC EDGAR. You can check the figures and statements of this summary against it.

Source: SEC EDGAR (U.S. Securities and Exchange Commission). Item captions are the SEC's. The summary is for reference only and is not investment advice.