Think AWS Is Losing To Azure and Google Cloud? You Need To Hear This Quote From Amazon CEO Andy Jassy

Core Insights - Amazon remains the leader in cloud computing despite losing market share to Google Cloud and Microsoft Azure, with AWS reporting a 20% growth compared to Google Cloud's 36% and Azure's 39% in 2025 [1][2][5] Group 1: Market Position and Growth - Amazon's AWS generated over $21.2 billion in revenue in 2025, significantly outpacing Google Cloud's $15.5 billion growth and Azure's approximately $19 billion growth [5] - AWS's annualized run rate reached $142 billion, with a year-over-year growth of 24%, marking its fastest revenue growth in 13 quarters [3][6] - AWS's chips business, focused on AI, achieved a $10 billion annual revenue run rate, growing at triple digits [3] Group 2: Financial Performance - In 2025, AWS operating income rose to $45.6 billion, compared to $13.9 billion for Google Cloud, highlighting AWS's profitability advantage [6] - Amazon's total revenue for the quarter increased by 14% to $213.4 billion, with operating income up 18% to $25 billion [10] Group 3: Capital Expenditure and Future Outlook - Amazon plans to invest $200 billion in capital expenditures in 2025, primarily for AWS and AI workloads, indicating a commitment to maintaining its leadership position [6] - The company generated $139.5 billion in operating cash flow in 2025, suggesting that the $200 billion target may lead to negative free cash flow in 2026 [10] - The stock trades at a price-to-earnings ratio of less than 30, with adjustments indicating it is fairly valued, though the spending boom may limit short-term upside potential [11]