Amazon shares surged on Friday following the release of the company’s Q2 earnings report.
Amazon’s Q2 earnings highlights included:
- Net sales increased 20% to $200.6 billion in the second quarter, compared with $167.7 billion in second quarter 2025. Excluding the $0.1 billion favorable impact from year-over-year changes in foreign exchange rates throughout the quarter, net sales increased 20% compared with second quarter 2025.
- North America segment sales increased 16% year-over-year to $116.2 billion.
- International segment sales increased 15% year-over-year to $42.2 billion.
- AWS segment sales increased 37% year-over-year to $42.2 billion.
- Operating income increased to $27.5 billion in the second quarter, compared with $19.2 billion in second quarter 2025.
- Net income increased to $62.6 billion in the second quarter, or $5.75 per diluted share, compared with $18.2 billion, or $1.68 per diluted share, in second quarter 2025.
Andy Jassy, President and CEO, Amazon, told investors, “AWS is booming, growing 36.7% year-over-year in Q2—our fastest growth in 18 quarters—and our AI and Chips businesses each eclipsed run rates of more than $25 billion. In Stores, we again set record delivery speeds for Prime members in the first half of the year—over 40% more items delivered same-day or overnight, with Grocery and Everyday Essentials growing meaningfully faster than the rest of the business. And, Advertising had another strong quarter with 26% year-over-year growth. There’s a lot to be excited about, and we have much more coming for customers in the second half of the year and beyond.”
The share surge comes a day after the company revealed it received $600 million in tariff refunds following the Supreme Court’s ruling that President Trump’s levies were illegal. Amazon said it plans to return some of that money to customers.
“We are participating in the tariff refund process and, as I mentioned earlier, we received approximately $600 million in Q2,” Brian Olsavsky, Amazon’s CFO stated. “We’ve identified a limited set of circumstances where we can trace that we’ve passed specific import charges onto customers, and when we receive those refunds, we will proactively contact affected customers and automatically issue refunds to them. Otherwise, like other large retailers, we’ll utilize refunds to continue to invest in low prices for customers.”
By CEO NA Editorial Staff
