Amazon.com, Inc. · NASDAQ:AMZN
Amazon.com — Q3 2026 Earnings Presentation
15 slides from Amazon.com's earnings presentation, Oct 29, 2026
Slide 1: Q3 2026 Financial Results Conference Call Slides
Q3 2026 Financial Results Conference Call Slides
Slide 2: Forward-looking statements
This presentation may contain forward-looking statements which are inherently difficult to predict. Actual results and outcomes could differ materially for a variety of reasons, including, among others, fluctuations in foreign exchange rates and energy prices, changes in global economic conditions,
Slide 3: Net Sales
Net Sales Billions $400 Net Sales (B) Up 12% Y/Y; Up 13% FX Adjusted (1) $46.0 23% $112.9 $201.9 56% $200 $180.2 $43.1 21% North America International AWS $0 Q3 2025 Q4 2025 Q1 2026 Q2 2026 Q3 2026 (1) Information throughout this presentation regarding the effect of foreign exchange rates, versus th
Slide 4: Net Sales – TTM
Net Sales – TTM (1) Billions $1,200 Net Sales - TTM (B) Up 15% Y/Y $161.4 20% $797.5 $691.3 $460.3 $175.8 58% $600 22% North America International AWS $0 Q3 2025 Q4 2025 Q1 2026 Q2 2026 Q3 2026 (1) Trailing twelve-month period. 4
Slide 5: Operating Income
Operating Income Billions $40 Up 61% Y/Y $28.1 $20 $17.4 $0 Q3 2025 Q4 2025 Q1 2026 Q2 2026 Q3 2026 5
Slide 6: Operating Income – TTM
Operating Income – TTM Billions $120 Up 37% Y/Y $104.4 $76.2 $60 $0 Q3 2025 Q4 2025 Q1 2026 Q2 2026 Q3 2026 6
Slide 7: Net Income
Net Income Billions $80 Down 2% Y/Y $40 $21.2 $20.7 $0 Q3 2025 Q4 2025 Q1 2026 Q2 2026 Q3 2026 7
Slide 8: Net Income – TTM
Net Income – TTM Billions $160 Up 76% Y/Y $134.8 $80 $76.5 $0 Q3 2025 Q4 2025 Q1 2026 Q2 2026 Q3 2026 8
Slide 9: Segment Results – North America
Segment Results – North America Billions Net Sales Billions Operating Income $200 $20 Up 82% [Down Y/Y;Y/Y; 31%] Up 6% Y/Y Up 81% FX Adjusted [Down 32%] F/X Adjusted $112.9 $106.3 $100 $10 $8.7 $4.8 $0 $0 Q3 2025 Q4 2025 Q1 2026 Q2 2026 Q3 2026 Q3 2025 Q4 2025 Q1 2026 Q2 2026 Q3 2026 TTM Net Sales $
Slide 10: Segment Results – International
Segment Results – International Billions Net Sales Billions Operating Income $80 $4 Up 5% Y/Y; Up 32% Y/Y; Up 8% F/X Adjusted Up 42% F/X Adjusted $43.1 $40.9 $40 $2 $1.6 $1.2 $0 $0 Q3 2025 Q4 2025 Q1 2026 Q2 2026 Q3 2026 Q3 2025 Q4 2025 Q1 2026 Q2 2026 Q3 2026 TTM Net Sales $175.8B; TTM Operating In
Slide 11: Segment Results – AWS
Segment Results – AWS Billions Net Sales Billions Operating Income $60 $30 Up 39% Y/Y Up 55% Y/Y $46.0 $17.8 $33.0 $30 $15 $11.4 $0 $0 Q3 2025 Q4 2025 Q1 2026 Q2 2026 Q3 2026 Q3 2025 Q4 2025 Q1 2026 Q2 2026 Q3 2026 TTM Net Sales $161.4B; TTM Operating Income $61.0B 11
Slide 12: Free Cash Flow – TTM
Free Cash Flow – TTM (1) Billions $60 Down 386% Y/Y Up 101% Y/Y(2) $30 $14.8 $0 $(30) $(42.4) $(60) Q3 2025 Q4 2025 Q1 2026 Q2 2026 Q3 2026 Long-Term Goal – Optimize Free Cash Flows (1) Free cash flow is cash flow from operations reduced by “Purchases of property and equipment, net of proceeds from
Slide 13: Shares
Shares Millions 16,000 10,955 11,034 268 223 8,000 10,687 10,811 0 Q3 2025 Q4 2025 Q1 2026 Q2 2026 Q3 2026 Common Shares Outstanding Stock-Based Awards Outstanding Long-Term Goal – Efficiently Managing Dilution 13
Slide 14: Appendix
amazon Appendix
Slide 15: Free Cash Flow Reconciliation – TTM
Free Cash Flow Reconciliation – TTM Billions Q3 2025 Q4 2025 Q1 2026 Q2 2026 Q3 2026 Operating Cash Flow $130.7 $139.5 $148.5 $161.4 $168.3 Purchases of property and equipment, net of proceeds from (115.9) (128.3) (147.3) (169.0) (210.7) sales and incentives Free Cash Flow $14.8 $11.2 $1.2 ($7.6) $(