AWS cloud revenue grew 36.7% in Q2 2026 according to the earnings release, driving record operating income of $27.5 billion, but trailing free cash flow turned negative at an outflow of $7.6 billion.
According to the 10-K and recent 10-Q filings, Amazon.com Inc. operates e-commerce platforms, retail stores, and cloud computing services for consumers, sellers, and enterprises globally, generating $775,680 million in revenue and $135,281 million in net income over the last year. Strengths: AWS cloud revenue reached $79,819 million in the first half of 2026, generating $30,782 million in operatin