AWS grows 39% for sixth straight quarter, backlog hits $578B

BenBajarin · x · 2026-10-31

Creative Strategies' read on Amazon's Q3 2026 earnings: AWS grew 39% for a sixth straight quarter of acceleration, with backlog reaching $578 billion. North America and International retail segments earned $10.3B in operating income, seen as part of the funding engine behind AWS's infrastructure build.

Amazon expects AWS to grow more than 40% in both 2027 and 2028, and plans capex meaningfully above the $220B expected for 2026.

Related event: Amazon Q3: AWS Growth Hits Five-Year High as AI Spending Spree Sinks Stock(14 posts)→

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