"Amazon 's shopping cart spilled over in the fourth quarter of 2025: The ecommerce behemoth raked in a record $213.4 billion in revenue that beat Wall Street expectations. But the company's shares fell in after-hours trading Thursday after Amazon said it expected $200 billion in capital spending for 2026 as it races to compete in the AI space. Overall net sales for the year-end 2025 holiday shopping quarter increased 14%."
"Amazon president and CEO Andy Jassy, in announcing the earnings, also touted AWS revenue growth of 24% in the quarter - its fastest growth in 13 quarters, alongside growth in advertising and its chips business. "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 $200 billion in capital expenditures across Amazon in 2026, and anticipate strong long-term return on invested capital," he said."
Amazon posted record Q4 2025 revenue of $213.4 billion, a 14% year-over-year increase, while net income rose to $21.2 billion. Earnings per diluted share were $1.95, slightly missing forecasts. Advertising revenue reached $21.32 billion, up 23%, and AWS revenue grew 24%, its fastest pace in 13 quarters. The company announced plans to invest about $200 billion in capital expenditures in 2026 targeting AI, chips, robotics and low Earth orbit satellites, and reported large workforce reductions totaling about 30,000 corporate roles, representing nearly 10% of corporate headcount.
Read at Variety
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