Amazon.com, Inc.: EPS $1.89 vs $1.97 expected; revenue $201.9B vs $202.2B
Key Facts
Q3 FY2026 results
| Metric | Actual | Estimate | Surprise | Year ago |
|---|---|---|---|---|
| EPS (USD) | 1.89 | 1.97 | −4.1% | 1.95 |
| Revenue (USD bn) | 201.94 | 202.22 | −0.1% | 180.17 |
Recent reports: actual vs estimate
| Reported | Period | EPS (USD) | Estimate | Surprise | Revenue (USD bn) | Estimate | Surprise |
|---|---|---|---|---|---|---|---|
| Oct 29, 2026 | Q3 FY2026 | 1.89 | 1.97 | −4.1% | 201.94 | 202.22 | −0.1% |
| Jul 30, 2026 | Q2 FY2026 | 5.75 | 1.82 | — | 200.61 | 197.03 | +1.8% |
| Apr 29, 2026 | Q1 FY2026 | 2.78 | 1.63 | +70.6% | 181.52 | 177.28 | +2.4% |
| Feb 5, 2026 | Q4 FY2025 | 1.95 | 1.97 | −1.0% | 213.39 | 211.45 | +0.9% |
| Oct 30, 2025 | Q3 FY2025 | 1.95 | 1.57 | +24.2% | 180.17 | 177.91 | +1.3% |
| Jul 31, 2025 | Q2 FY2025 | 1.68 | 1.31 | +28.2% | 167.70 | 161.78 | +3.7% |
| May 1, 2025 | Q1 FY2025 | 1.59 | 1.37 | +16.1% | 155.67 | 155.15 | +0.3% |
| Feb 6, 2025 | Q4 FY2024 | 1.86 | 1.49 | +24.8% | 187.79 | 187.34 | +0.2% |
Source: Figures from the EL7 database. Estimates are the analyst consensus carried by our data vendor (FMP), not official figures.
Amazon.com, Inc. results: EPS $1.89 vs $1.97 expected; revenue $201.9B vs $202.2B. The results cover the company's Q3 FY2026. EPS came in below analysts' estimate by 4.1%; revenue below the estimate by 0.1%.
Revenue was up 12.1% from $180.2 billion a year earlier (Q3 FY2025). EPS was down 3.1% from $1.95 a year earlier. On its record, EPS topped analysts' estimates in 5 of 6 earlier comparable reports.
What the results mean
Amazon combines retail with cloud computing, advertising, and subscriptions. Revenue growth signals expanding activity, but understanding its effect on profitability requires examining each business's contribution and operating costs. Sales growth alone does not establish earnings quality.
In retail, the business model connects Amazon's direct sales with merchant activity on its platform and fulfillment services. Advertising, memberships, and digital content add revenue sources tied to this ecosystem, while cloud computing serves enterprise and developer needs for computing, storage, databases, analytics, and machine learning.
What to watch on the earnings call: The call merits attention to management's discussion of demand across retail and cloud computing, and the contribution of advertising and subscriptions to profitability. Fulfillment costs and spending on cloud infrastructure also matter for understanding how business growth translates into earnings.
For the full analysis of Amazon.com, Inc. stock — valuation, scores and financial statements — see the stock page linked with this story.