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Earnings Snippet: Amazon's Pain Points -- WSJ

Earnings Snippet: Amazon's Pain Points -- WSJ

Dow JonesDow Jones2026/10/30 08:55

By WSJ Staff

Here are some of the data points worrying Amazon investors after yesterday's quarterly results.

-- Overall revenue increased 12% to $201.9 billion, and net income was $20.7 billion. Both were below estimates from analysts polled by FactSet.

-- Free cash flow plunged to an outflow of $42.4 billion for the trailing 12 months. Amazon said capital spending in the third quarter was $75.9 billion.

-- Advertising revenue growth slowed, hitting 12% year-over-year, excluding changes in foreign exchange rates, during the third quarter.

Amazon shares fell 7% premarket.

This item is part of a Wall Street Journal live coverage event. The full stream can be found by searching P/WSJL (WSJ Live Coverage).

(END) Dow Jones Newswires

October 30, 2026 04:55 ET (08:55 GMT)

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