Amazon Q1 net sales rise 17% to $181.5 billion; net income hits $30.3 billion
Amazon reported first quarter 2026 net sales of $181.5 billion, up 17% from a year earlier, and operating income of $23.9 billion, up from $18.4 billion. Net income of $30.3 billion, or $2.78 per diluted share, included $16.8 billion in pre-tax gains from its Anthropic investments, and trailing twelve-month free cash flow fell to $1.2 billion from $25.9 billion as spending on property and equipment rose.
Key points
- Net sales rose 17% to $181.5 billion; AWS segment sales rose 28% to $37.6 billion.
- Operating income was $23.9 billion versus $18.4 billion a year earlier; AWS operating income was $14.2 billion.
- Diluted earnings per share were $2.78 versus $1.59, including $16.8 billion in pre-tax gains from Anthropic investments.
- Second quarter 2026 guidance: net sales of $194.0 billion to $199.0 billion and operating income of $20.0 billion to $24.0 billion.
The filing
Written by AI (Anthropic Claude, claude-haiku-5-5) on Nov 8, 2026, 2:16 AM ET, from the text of the filing and its press-release exhibits only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on April 29, 2026.
Briefs are written by AI from the filing text (each brief's own page names the model) and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the model's reading of the filing for shareholders, not a price forecast. Not investment advice.