Amazon reported earnings per share (EPS) of $1.89 against an estimate of $1.97, and revenue of $201.94 billion against an estimate of $202.22 billion, missing on both measures. The stock traded at $227.00 after hours, down 6.89% from its $243.79 close, giving the company a market value of $2.63 trillion.
Source: Trades in the regular session and after hours, against the close · as of October 29, 2026 at 6:45 PM ET · Five-minute closes. Extended-hours trading is thin; the price can move a long way before the open.
| Measure | Reported | Estimate | Result |
|---|---|---|---|
| Earnings per share | $1.89 | $1.97 | Missed |
| Revenue | $201.94 billion | $202.22 billion | Missed |
Source: Company earnings report and sell-side analyst consensus estimates · as of October 29, 2026 at 6:45 PM ET · Reported after the close on Thursday, October 29, 2026.
Against the quarters before
Against the quarters before
Amazon's EPS has topped estimates in each of the prior four quarters: $5.75 versus $1.82 expected in the quarter reported July 30, 2026; $2.78 versus $1.63 expected on April 29, 2026; $1.95 versus $1.97 expected on February 5, 2026, which was a narrow miss; and $1.95 versus $1.57 expected on October 30, 2025. Revenue in those quarters came in at $200.61 billion, $181.52 billion, $213.39 billion and $180.17 billion, respectively. This quarter's EPS miss breaks a streak of beats, and it is the first revenue miss shown in the table.
Source: Company earnings reports and the consensus estimates at the time
| Reported | EPS | Estimate | Revenue | EPS result |
|---|---|---|---|---|
| July 30, 2026 | $5.75 | $1.82 | $200.61 billion | Beat |
| April 29, 2026 | $2.78 | $1.63 | $181.52 billion | Beat |
| February 5, 2026 | $1.95 | $1.97 | $213.39 billion | Missed |
| October 30, 2025 | $1.95 | $1.57 | $180.17 billion | Beat |
Source: Company earnings reports and the consensus estimates at the time
How the stock took it
How the stock took it
Amazon shares fell 6.89% after hours to $227.00, down from a close of $243.79. CNBC reported that Amazon Web Services (AWS), the company's cloud-computing division, grew revenue 39% year over year to $45.98 billion, ahead of the $45.29 billion analysts polled by StreetAccount had expected, and faster than the roughly 37% growth seen in the prior quarter. TechCrunch reported that AWS operating income rose to $17.8 billion from $11.4 billion a year earlier, but noted that trailing-twelve-month (TTM) free cash flow (FCF), the cash a company generates after covering operating and capital expenses, turned negative at $42.4 billion.
| Measure | Value |
|---|---|
| Last close | $243.79 |
| Price | $227.00 |
| Change | -6.89% |
Source: Extended-hours trades against the regular close · as of October 29, 2026 at 6:45 PM ET · Extended-hours trading is thin; the price can move a long way before the open.
Who it buys from and sells to
Who it buys from and sells to
Company filings list Amazon's suppliers as Estée Lauder Companies, United Parcel Service, AES Corporation, Vistra Corp. and Hasbro, while Intuit, Veeva Systems and Workday are named as customers. These relationships span logistics, energy, consumer goods and enterprise software, illustrating how Amazon's retail, delivery and cloud operations connect to companies across several industries.
| Company | Role | Stock | Last move |
|---|---|---|---|
| Estée Lauder Companies (The) | Supplier | EL | -0.46% |
| United Parcel Service | Supplier | UPS | +1.62% |
| AES Corporation | Supplier | AES | +0.43% |
| Vistra Corp. | Supplier | VST | -1.24% |
| Hasbro | Supplier | HAS | +0.75% |
| Intuit | Customer | INTU | +0.91% |
| Veeva Systems Inc. | Customer | VEEV | -2.35% |
| Workday, Inc. | Customer | WDAY | -4.36% |
Source: Relationships named in company filings (SEC 10-K annual report; Earnings call transcript); stock quotes · as of October 29, 2026 at 6:45 PM ET · Named in filings; a neighbour's move is not evidence of a link to this report.