Amazon.com stock closed at USD 251.52 on Nasdaq on October 2, 2026, up 1.33 percent from the prior close of USD 248.23. The move followed a second quarter in which Amazon posted USD 200.6 billion in revenue, while AWS revenue climbed 36.7 percent to USD 42.2 billion.
AWS growth drives the earnings story
Leverage Shares reported on September 11, 2026, that Amazon’s second-quarter revenue rose 20 percent year over year for the three months ended June 30, 2026. Operating income increased 43 percent to USD 27.5 billion, lifting the operating margin from 11.4 percent to 13.7 percent.
AWS was the central growth engine. Its USD 42.2 billion in Q2 revenue represented a 36.7 percent year-over-year increase, while AWS operating income reached USD 16.6 billion and the segment margin reached 39.4 percent, according to Fortune.
Analyst targets stay above the market
MarketBeat reported that Amazon’s Q2 diluted EPS was USD 5.75 versus a USD 1.82 consensus, while revenue of USD 200.61 billion…
