Amazon reported Q2 revenue $181.5 bn, EPS $2.78, both surpassing Street estimates of $177.13 bn and $1.63 respectively.
AWS grew 28% YoY, its fastest in 15 quarters, while the chip business topped a $20 bn annual revenue run rate.
Capital spending surged, with Q1 property‑equipment purchases $44.2 bn, a 77% rise YoY, driving free cash flow down to $1.2 bn.
Amazon guided Q2 revenue $194‑199 bn and operating income $20‑24 bn, above consensus, while the North America segment posted 12% sales growth to $104.1 bn.