Amazon Q3 Revenue Hits $201.9 Billion, AWS Revenue Up 39% YoY

October 30: According to an official Amazon announcement, Amazon's third-quarter net sales rose 12% year over year to $201.9 billion; operating income was $28.1 billion, with an operating margin of 13.90%, a record high; net income was $20.7 billion, and diluted earnings per share were $1.89, compared with $21.2 billion and $1.95, respectively, in the same period last year. AWS segment sales rose 39% year over year to $46 billion, with operating income of $17.8 billion. Amazon expects fourth-quarter net sales of $240 billion to $247 billion and operating income of $28.5 billion to $33.5 billion, and maintains its 2026 capital expenditure expectation of approximately $220 billion. Following the release of the earnings report, Amazon (AMZN) fell more than 7% in after-hours trading.