Amazon.com Inc

AMZN: XNAS (USA)

Morningstar Rating for Stocks	Fair Value	Economic Moat	Capital Allocation
	BrC	LOCK\|fq	LOCK\|CB?wf&x

Amazon Earnings: Guidance for $200 Billion in Capital Expenditure in 2026 Overshadows Good Results

Dan Romanoff

Feb 6, 2026

Amazon reported fourth-quarter results that beat the high end of guidance on the top line and came in a shade under that on operating profit. Sales grew 14% year over year in constant currency to $213.4 billion, while operating margin was 11.7% versus 11.3% a year ago.

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Amazon.com Inc

Amazon Earnings: Guidance for $200 Billion in Capital Expenditure in 2026 Overshadows Good Results

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