--- title: Amazon reported booming cloud revenue but otherwise... description: Amazon missed analysts' expectations for total revenue and earnings per share in its third-quarter earnings. Net sales rose 12% to $201.9 billion, below the... canonical: https://daily.dev/posts/amazon-reported-booming-cloud-revenue-but-otherwise-missed-expectations-eoxhgvod3 twitter:card: summary_large_image twitter:site: @dailydotdev og:type: website og:site_name: daily.dev og:title: Amazon reported booming cloud revenue but otherwise missed expectations | daily.dev og:description: Amazon missed analysts' expectations for total revenue and earnings per share in its third-quarter earnings. Net sales rose 12% to $201.9 billion, below the... og:url: https://daily.dev/posts/amazon-reported-booming-cloud-revenue-but-otherwise-missed-expectations-eoxhgvod3 og:image: https://api.daily.dev/og/posts/eOxhgvod3.png og:image:alt: Amazon reported booming cloud revenue but otherwise missed expectations og:image:width: 1200 og:image:height: 630 og:locale: en --- > ## Documentation Index > Fetch the complete documentation index at: https://daily.dev/llms.txt > Use this file to discover all available pages before exploring further. # Amazon reported booming cloud revenue but otherwise missed expectations **[TechCrunch](https://daily.dev/sources/tc)** · 2 min read · 0 upvotes · 0 comments ## Summary Amazon missed analysts' expectations for total revenue and earnings per share in its third-quarter earnings. Net sales rose 12% to $201.9 billion, below the expected $202.2 billion, and earnings per share came in at $1.89 versus an expected $1.97. AWS was the bright spot, growing 39% year over year to $45.98 billion in sales, beating the $45.29 billion estimate, with operating income up to $17.8 billion from $11.4 billion a year earlier. Free cash flow fell to negative $42.4 billion for the trailing 12 months, compared to positive $14.8 billion a year earlier, driven largely by AI spending. Amazon still expects about $220 billion in capital expenditures for 2026. ## Full article daily.dev links to this article rather than hosting it. Read it at the original source: ## Questions this post answers ### How much did AWS revenue grow in Amazon's most recent quarterly earnings? AWS revenue grew 39% year over year to $45.98 billion, beating the $45.29 billion analysts expected. AWS operating income also grew, reaching $17.8 billion compared with $11.4 billion in the same quarter a year earlier. This came even as Amazon's overall net sales and earnings per share missed analyst expectations. _Track AWS growth and cloud spending trends on daily.dev as you plan infrastructure budgets._ ### Why did Amazon's free cash flow turn negative? Amazon's free cash flow fell to negative $42.4 billion for the trailing 12 months, compared with positive $14.8 billion a year earlier, driven largely by the company's investments in AI. Amazon still expects roughly $220 billion in capital expenditures for the full year, much of it tied to AI infrastructure. _Follow how AI infrastructure spending reshapes cloud providers' finances on daily.dev._ ## Similar posts on daily.dev - [Amazon’s cloud business is surging — and so is its capital spending](https://daily.dev/posts/amazon-s-cloud-business-is-surging-and-so-is-its-capital-spending-ozywnmlfm) · TechCrunch · 0 upvotes · 0 comments - [Amazon jumps as AWS growth soothes fears over its AI spending](https://daily.dev/posts/amazon-jumps-as-aws-growth-soothes-fears-over-its-ai-spending-isyim74gx) · The Next Web · 0 upvotes · 0 comments - [AWS exceeds Wall Street’s expectations as demand for cloud infra remains high](https://daily.dev/posts/aws-exceeds-wall-street-s-expectations-as-demand-for-cloud-infra-remains-high-f2q7zgl29) · TechCrunch · 0 upvotes · 0 comments --- Tags: [#cloud](https://daily.dev/tags/cloud), [#aws](https://daily.dev/tags/aws), [#amazon](https://daily.dev/tags/amazon) [View this post on daily.dev](https://daily.dev/posts/amazon-reported-booming-cloud-revenue-but-otherwise-missed-expectations-eoxhgvod3) ```json {"@context":"https://schema.org","@graph":[{"@type":"Organization","@id":"https://daily.dev/#organization","name":"daily.dev","url":"https://daily.dev","logo":{"@type":"ImageObject","url":"https://daily.dev/apple-touch-icon.png","width":180,"height":180},"sameAs":["https://twitter.com/dailydotdev","https://github.com/dailydotdev","https://www.linkedin.com/company/daily-dev-ltd"]},{"@type":"WebSite","@id":"https://daily.dev/#website","url":"https://daily.dev","name":"daily.dev","publisher":{"@id":"https://daily.dev/#organization"},"potentialAction":{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https://daily.dev/search?q={search_term_string}"},"query-input":"required name=search_term_string"}}]} {"@context":"https://schema.org","@type":"TechArticle","headline":"Amazon reported booming cloud revenue but otherwise missed expectations","url":"https://daily.dev/posts/amazon-reported-booming-cloud-revenue-but-otherwise-missed-expectations-eoxhgvod3","mainEntityOfPage":{"@type":"WebPage","@id":"https://daily.dev/posts/amazon-reported-booming-cloud-revenue-but-otherwise-missed-expectations-eoxhgvod3"},"datePublished":"2026-10-29T21:22:38.560Z","dateModified":"2026-10-29T23:28:54.896Z","description":"Amazon missed analysts' expectations for total revenue and earnings per share in its third-quarter earnings. 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AWS operating income also grew, reaching $17.8 billion compared with $11.4 billion in the same quarter a year earlier. This came even as Amazon's overall net sales and earnings per share missed analyst expectations. Track AWS growth and cloud spending trends on daily.dev as you plan infrastructure budgets."}},{"@type":"Question","name":"Why did Amazon's free cash flow turn negative?","acceptedAnswer":{"@type":"Answer","text":"Amazon's free cash flow fell to negative $42.4 billion for the trailing 12 months, compared with positive $14.8 billion a year earlier, driven largely by the company's investments in AI. Amazon still expects roughly $220 billion in capital expenditures for the full year, much of it tied to AI infrastructure. Follow how AI infrastructure spending reshapes cloud providers' finances on daily.dev."}}]} ```