StocksMedium•30 October 2026•
1 min read
Amazon CEO: Prime Video is Profitable with Multi-Billion Revenue
Key Facts
1Amazon CEO Andy Jassy stated that Prime Video is now profitable and generates a revenue run rate in the tens of billions of dollars.
Amazon CEO Andy Jassy stated that Prime Video is now profitable and generates a revenue run rate in the tens of billions of dollars. Storyboard18 reported that Jassy described the streaming service as a significant standalone business for the company, noting that growth is supported by a strategic expansion into original programming, films, and live sports broadcasting.
AMZN closed at $243.79 on October 29, 2026, the same day the company discussed its third-quarter performance. According to Jassy, live sports including Thursday Night Football and the NBA have driven momentum for the advertising segment, which reported $19.6 billion in revenue for the third quarter, even as the timing of Prime Day shifted year-on-year growth comparisons.