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Amazon maintains growth with AWS backlog reaching $496 billion

Nasdaq +1 ·

AMZN Amazon.com Inc
$258.58 -0.37%
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  1. 1Amazon Web Services backlog reached $496 billion, more than doubling from $244 billion in early 2026.
  2. 2Amazon achieved a 20% growth rate in total revenue for the second fiscal quarter, reaching $200.6 billion.
  3. 3CEO Andy Jassy said that when data centers must be built simultaneously due to demand, the company will incur significant capital expenditures and face free cash flow headwinds before monetization.

So what's the key point?

Amazon's cloud service orders have increased significantly to $496 billion. Because the company is spending a lot of money to build data centers, cash flow may temporarily decline.

Source Nasdaq +1 · View original ↗

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