Amazon (company)Yàmǎxùn亚马逊first quarterdìyī jìdù第一季度financial results / earningsyèjì业绩to exceed / to surpasschāochū超出expectations / forecastsyùqī预期，Amazon Web Services (cloud computing division)AWSAWSgrowth rate / pace of growthzēngsù增速to set (a record)chuàng创fifteen quartersshíwǔ jìdù十五季度new high / record highxīngāo新高。
May 1, 2026 at 6:00 AM
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BusinessAmazon Q1 Earnings Top Forecasts as AWS Growth Hits Fastest Pace in Fifteen Quarters
Amazon Q1 total revenue grew 17 percent year-over-year to $181.5 billion, surpassing market expectations. Cloud unit AWS revenue grew 28 percent to $37.6 billion, its fastest growth rate in nearly four years.
Amazon announced its first quarter earnings on April 29, with total revenue of $181.5 billion, representing 17% year-over-year growth. The company's profitability significantly exceeded expectations, with earnings per share reaching $2.78, well above analysts' forecast of $1.64.
The cloud business AWS revenue grew 28% year-over-year, reaching $37.6 billion, marking the fastest growth rate in fifteen quarters. The advertising business revenue grew 24% year-over-year to $17.24 billion, similarly exceeding Wall Street expectations.
Amazon's semiconductor business division achieved an annual revenue run rate exceeding $20 billion, with triple-digit year-over-year growth. For the second quarter, the company projects net sales of $194 billion to $199 billion, representing 16% to 19% year-over-year growth.
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