Amazon reports fastest AWS growth in 18 quarters at 37 percent

Amazon's cloud division grew faster than it has in four and a half years, the company said in July. Its cloud service, AWS, brought in $42.2 billion in the second quarter of 2026, which is 37 percent more than a year earlier. Profit from AWS rose 63 percent to $16.6 billion. Amazon said AI demand is growing so quickly that it cannot yet build enough capacity to meet it. The company has been spending heavily on AI infrastructure for customers including Anthropic and OpenAI. Across the whole company, total sales reached around $200 billion, up 20 percent. Earnings per share jumped to $5.75 from $1.68 a year before. Free cash flow, however, turned negative at around $7.6 billion.