Amazon.com, Inc. (AMZN) Q1 2026 Earnings Call Transcript
Amazon and Meta are among the big companies set to lobby India's payments body over the dominance of Walmart-owned PhonePe and Google Pay in the country's fast-growing instant payments network.
Amazon was one of several tech giants that on Wednesday beat Wall Street's first-quarter earnings expectations, offering more financial evidence that the AI boom continues to reward companies that supply the picks and shovels.
Fed Chair Powell says goodbye to FOMC press corps, while AI-fueled earnings & growth astound.
The headline numbers for Amazon (AMZN) give insight into how the company performed in the quarter ended March 2026, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.
Amazon (AMZN) came out with quarterly earnings of $1.56 per share, missing the Zacks Consensus Estimate of $1.6 per share. This compares to earnings of $1.59 per share a year ago.
Amazon surpassed Wall Street forecasts with revenue of $181.5 billion in the March quarter, up 17% from the year earlier. CEO Andy Jassy noted Project Hail Mary‘s nearly $615 million at the box office to date among the company's achievements for the three months.
DA Davidson Managing Director Gil Luria offers his key takeaways on earnings from Amazon, Microsoft and Meta Platforms. He speaks on "Bloomberg The Close.
Amazon (AMZN) is in the spotlight during extended trading hours after the tech giant delivered a massive “double beat” in Q1 results – powered by an explosion in AI-driven cloud demand and a high-margin advertising surge. Investors are zeroing in on the firm's aggressive growth trajectory and a forward-looking revenue guide that suggests the retail and cloud behemoth is only accelerating.
Amazon's cloud unit reported 28% revenue growth in the first quarter, and now accounts for over one-fifth of its parent company's total revenue. The division, which leads the cloud infrastructure market, faces stiffening competition from Microsoft and Google as they're all investing heavily for the AI era.
Amazon.com Inc (NASDAQ:AMZN) delivered a strong first-quarter earnings beat on Wednesday, with revenue, profit, and cloud growth all surpassing Wall Street expectations. The Seattle-based e-commerce and cloud giant reported first-quarter net sales of $181.5 billion, ahead of analyst estimates of approximately $177 billion and up 17% year-over-year.
The retail and cloud-computing giant beat analyst estimates with a 17% jump in revenue and sharp increase in net profit.