Amazon reports second quarter results and AI milestones

Amazon.com, Inc. announced its second quarter 2026 financial results and highlighted multiple AWS, AI, satellite, robotics, and sustainability updates.

• Net sales rose 20% year-over-year to $200.6 billion, operating income increased to $27.5 billion, and AWS net sales grew 37% to a $169 billion annualized revenue run rate.
• Amazon also announced a $1 billion investment in AWS Forward Deployed Engineering, up to $1 billion in cloud credits for the U.S. Intelligence Community, and said its global data centers are over 7x more water-efficient than the industry average.
• The release also said Amazon completed four additional launches for Amazon Leo, bringing its constellation to nearly 400 satellites in orbit, and that Zoox received a Part 555 Exemption approval to charge for rides.
• This is a first-party earnings release and commentary from Amazon, not a report about a separate external deal; it combines financial results with product, partnership, and operational highlights.