Amazon has unveiled its financial results for the first quarter of 2026, reporting total revenue of $181.519 billion—a 17% increase compared to the same period last year. Net profit surged by 77% year-over-year to $30.255 billion, propelled in part by a substantial $16.8 billion gain from its investment in the AI firm Anthropic. Following the release of these financial figures, Amazon’s stock price climbed 2.52% in after-hours trading. In terms of performance, operating profit witnessed a 30% rise, while diluted earnings per share jumped by 75%. Breaking down the business segments, AWS cloud computing, along with North American and international operations, all posted growth in both revenue and operating profit. Looking ahead to the second quarter of 2026, Amazon anticipates revenue will fall between $194 billion and $199 billion, marking a year-over-year increase of 16% to 19%. Operating profit is projected to range from $20 billion to $24 billion, up from $19.2 billion during the same period the previous year.
