AWS Q1 2026 Earnings: Cloud Revenue Surges 28% as AI Demand Accelerates
- Grace N
- May 4
- 1 min read
In Q1 2026, Amazon Web Services revenue surged 28% to $37.6 billion—its fastest growth in 15 quarters—fueled by soaring demand for artificial intelligence. While Amazon achieved a record-high 13.1% operating margin overall, massive AI infrastructure investments pushed the company's quarterly capital expenditures to over $43 billion.
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