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[Amazon Releases Q2 2026 Financial Report, Raises Full-Year Capital Expenditure to $220 Billion] According to *Fortune* magazine, Amazon's net sales for the second quarter of 2026 reached $200.6 billion, with operating profit at $27.5 billion. After-hours stock price surged over 9%. AWS revenue was $42.2 billion, with operating profit at $16.6 billion, and customer contract backlog orders totaling $496 billion. CEO Andy Jassy stated that Amazon's 2026 capital expenditure forecast has been raised from $200 billion to $220 billion. He noted that 85% of global IT spending still occurs on-premises, and AWS is capturing the largest share of enterprise migration plans.

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