Particle.news
Download on the App Store
5 ARTICLES
·
5h ago

Amazon Profit Jumps as AWS Growth Reaccelerates on AI Demand

A large Anthropic-related accounting gain lifted net income despite settlement costs plus severance.

Image
Image
Primer plano del logotipo de Amazon en una ventana de vidrio, con un fondo desenfocado que muestra un interior iluminado con luces cálidas, representando el entorno corporativo y tecnológico de la empresa en el contexto de sus recientes resultados financieros impulsados por la inteligencia artificial.

Overview

  • Amazon reported Q3 net sales of about $180.2 billion and net income of roughly $21.2 billion, a year-over-year profit increase of about 38%.
  • AWS revenue rose around 20% to roughly $33.0 billion, its fastest expansion since 2022, with an operating margin near 30% and more than 60% of company operating income.
  • Headline profit included an estimated $9.5 billion non-cash gain tied to Amazon’s Anthropic stake, while operating income was reduced by a roughly $2.5 billion legal settlement and about $1.8 billion in severance.
  • Amazon accelerated investment in AI infrastructure, adding about 3.8 GW of energy capacity and deploying a massive compute cluster approaching 500,000 custom chips.
  • The company announced 14,000 corporate job cuts, with media reporting the total could reach as high as 30,000 by January, and guided Q4 net sales to $206–$213 billion with operating income of $21–$26 billion.