$AMZN Amazon Q2 Earnings & Q3 Guidance
- EPS $5.75 est. $1.99
- Net Sales $200.6B, est. $197.01B
- Sees Q3 Net Sales $197.0B–$202.0B, est. $203.93B
- Sees Q3 Operating Income $22.5B–$26.5B, est. $25.07B
- Operating Income $27.46B, est. $23.61B
- Operating Margin 13.7%, est. 12.0%
- AWS Net Sales $42.23B, est. $40.57B
- AWS Net Sales (ex-FX) +37%, est. +31.3%
- North America Net Sales $116.18B, est. $113.94B
- Physical Stores Net Sales $5.79B, est. $5.87B
- AWS AI business exceeded a $25B annual revenue run rate
- Trailing 12-month free cash flow declined to an outflow of $7.6B
- AI & Chips businesses each exceeded annual revenue run rates of over $25B
- Q3 guidance includes an unfavorable FX impact of 80 bps