Amazon posted a massive earnings beat as AWS cloud growth hit its fastest pace in years
Amazon posted a massive earnings beat as AWS cloud growth hit its fastest pace in years
AWS revenue rose 28% to $37.6 billion, the fastest growth in 15 quarters, as total revenue climbed 17% to $181.5 billion
Matthias Balk / picture alliance via Getty Images
Amazon $AMZN reported first-quarter earnings Wednesday that topped analyst expectations, with its cloud division posting its fastest growth rate in 15 quarters.
The company delivered diluted earnings per share of $2.78 and total revenue of $181.5 billion against analyst forecasts of $1.64 in EPS and $177.3 billion in revenue. Total revenue rose 17% from the prior year.
Capital expenditures reached $44.2 billion in the quarter, up from $25 billion in Q1 2025, driven by investments in........
