"This growth is happening because we're continuing to innovate at a rapid rate, and identify and knock down customer problems,"
"With such strong demand for our existing offerings and seminal opportunities like AI, chips, robotics and low-earth orbit satellites, we expect to invest about $200bn in capital expenditures across Amazon in 2026, and anticipate strong long-term return on invested capital."
"AWS is now a $142bn annualised run rate business, and our chips business...is now over $10bn in annual revenue run rate, growing triple-digit percentages year-over-year,"
"As a reminder, it's very different having 24% year-over-year growth on a $142bn annualised run rate than to have a higher percentage growth on a meaningfully smaller base, which is the case with our competitors. We continue to add more incremental revenue and capacity than o"
Amazon Web Services reported Q4 2025 revenue of $35.6bn, a 24% year-on-year increase, with profit rising to $12.5bn. Full-year AWS revenue reached $128.7bn, up 20% year-on-year, and annual profit increased to $45.6bn. AWS achieved an annualised run rate near $142bn, while the chips business exceeded $10bn in annual revenue run rate with triple-digit growth. Strong customer demand for core cloud compute services and AI offerings underpinned the results. Amazon plans roughly $200bn in capital expenditures in 2026 to expand capacity and invest in AI, chips, robotics and low-earth orbit satellites.
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