Amazon's AWS grows 39% to $46 billion, its fastest pace in nearly five years

Amazon reported third-quarter 2026 net sales of $201.9 billion, up 12%, with AWS revenue up 39% to $46.0 billion and operating income of $17.8 billion. AWS's annualized run rate reaches $184 billion, and Fortune 500 spending on Bedrock rose nearly sevenfold year over year.