Amazon.com Inc

AMZN: XNAS (USA)

Morningstar Rating for Stocks	Fair Value	Economic Moat	Capital Allocation
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Amazon Earnings: AWS Is Booming, E-Commerce Is Resilient, and Guidance Is Positive

Dan Romanoff

Apr 30, 2026

Amazon reported first-quarter results that beat the high end of guidance on both the top and bottom lines. Revenue grew 15% year over year in constant currency to $181.5 billion, while operating margin was 13.1% versus 11.8% a year ago.

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Amazon.com Inc

Amazon Earnings: AWS Is Booming, E-Commerce Is Resilient, and Guidance Is Positive

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