Amazon: Capex Weighs on Profit Forecast

Revenue and earnings beat expectations, but all that growth is coming at a price. | Metric | Q2 2024 | Q2 2025 | Change | vs. Expectations | | --- | --- | --- | --- | --- | | Revenue | $148.0 billion | $167.7 billion | 13% | Beat | | Earnings per share | $1.26 | $1.68 | 33% | Beat | | AWS revenue | $26.3 billion | $30.9 billion | 17% | Met | | Advertising revenue | $12.8 billion | $15.7 billion | 23% | n/a | Amazon's Focus on AI Implementation and Payoff Investors had big expectations for Amazon, and in par ...