Amazon Reports Its First $200 Billion Quarter as AWS Grows 37 Percent and AI Tops a $25 Billion Run Rate

Amazon Q2 2026 net sales reached $200.6 billion, up 20 percent year over year and the first quarter in company history above $200 billion, while AWS grew 36.7 percent, its fastest rate in 18 quarters. Amazon leadership reported that its AI business and its custom chip business each crossed annual revenue run rates of $25 billion, both growing at triple-digit percentages.