
Amazon reported Q3 revenue of $180.2 billion versus an estimate of $177.91 billion, representing 12% year-over-year growth. Earnings per share (EPS) came in at $1.95, beating the analyst estimate of $1.56 by 25%. Operating income was $17.4 billion but would have been $21.7 billion excluding one-time charges. The company expects full-year cash CapEx to be approximately $125 billion in 2025, with increases anticipated in 2026.
Bullish
Amazon reported Q3 revenue of $180.2 billion, up 12% year over year, with AWS reaccelerating to 20.2% growth.
Bearish
Operating income was reduced by $4.3 billion due to a $2.5 billion FTC settlement and $1.8 billion in severance costs.