AmazonNASDAQ AMZNEarnings
AWS growth came in at 39%
Operating margin was 13.9%.
Why we picked this stock
The results confirmed 12% net sales growth, 13.9% operating margin, and 39% AWS growth.
What changed
AWS growth rate
39%
Q3 2026, Consolidated
Net sales growth
12%
Q3 2026, Consolidated
Operating margin
13.9%
Q3 2026, Consolidated
- Net sales grew 12% in Q3 2026, and AWS grew 39%.
- Operating margin was 13.9%.
Context
- This release included 12% sales growth, 13.9% operating margin, and 39% AWS growth.
- ReadingThese same quarter figures allow a side by side view of consolidated results and AWS.
What to check next
- UncertaintyCheck the next earnings release to see whether net sales growth holds at 12%.
- UncertaintyWatch the next earnings release to see whether operating margin stays at 13.9%.
- ConditionCheck the next earnings release for whether AWS growth holds at 39%.
Sources and wrap-up
In the next report, the first check is whether AWS growth can hold at 39%.
Sources
- Form 8-K (Item 2.02,9.01)SEC EDGAR, 2026-10-29
Facts used in the cards
Values and passages are copied from the original filings.
- Net sales growth: 12%
- Q3 2026, Consolidated, SEC EDGAR
- Net sales increased 12% to $201.9 billion in the third quarter, compared with $180.2 billion in third quarter 2025.
- Operating margin: 13.9%
- Q3 2026, Consolidated, SEC EDGAR
- Operating income was $28.1 billion and operating margin was 13.9%-Amazon's highest operating margin ever
- AWS growth rate: 39%
- Q3 2026, Consolidated, SEC EDGAR
- AWS segment sales increased 39% year-over-year to $46.0 billion.
Questions and answers
- What was Amazon's AWS growth rate in Q3 2026?
- 39% on a consolidated basis.
- What was Amazon's net sales growth in Q3 2026?
- 12% on a consolidated basis.
- What was Amazon's operating margin in Q3 2026?
- 13.9% on a consolidated basis.
- What should readers check next on Amazon?
- Check the next earnings release to see whether net sales growth holds at 12%. Watch the next earnings release to see whether operating margin stays at 13.9%. Check the next earnings release for whether AWS growth holds at 39%.
- Which filings is this based on?
- Form 8-K (Item 2.02,9.01) (SEC EDGAR, 2026-10-29).
- Is this a buy recommendation?
- No. This is for information only and is not investment advice. You are responsible for your own investment decisions and their results.
Key terms
- Consolidated basis
- Figures that combine a parent company and its subsidiaries as if they were one company.
- Operating margin
- Operating profit as a share of revenue.
- 8-K
- The report a US-listed company files with the SEC when a material event happens.
Corrections
No corrections.