Amazon Q3 2026 earnings: date, time and what analysts expect

People are searching for Amazon stock on Wednesday, October 28, 2026, because the company reports its third-quarter results the next day. Amazon said in an announcement dated October 15 that it would discuss the results on Thursday, October 29, at 2:00 p.m. Pacific time, or 5:00 p.m. Eastern [1]. The report comes after the market closes [5].

What analysts expect from the report

The published consensus varies by data provider. MarketBeat lists expected earnings of $1.97 per share on revenue of $202.21 billion [4]. Zacks puts earnings at $2.01 per share and net sales at $202.11 billion [3]. Pepperstone gives $1.96 per share on revenue of around $202 billion [5]. MarketBeat's year-earlier figures are $1.95 per share on revenue of $180.17 billion, so the consensus implies roughly 12% sales growth [4] [3].

Amazon's own guidance for the quarter is net sales of $197.0 billion to $202.0 billion, which the company puts at 9% to 12% growth over the third quarter of 2025 [2]. Pepperstone notes that consensus revenue sits just above the top of that range [5]. Amazon also expects operating income of $22.5 billion to $26.5 billion, against $17.4 billion a year earlier [2].

The sharpest disagreement is about Amazon Web Services (AWS). Zacks' consensus calls for AWS revenue of $45.4 billion, up 37.5% from a year earlier [3]. Pepperstone says analysts expect AWS growth of around 35%, a step down from the second quarter [5].

The second quarter and the Prime Day shift

AWS brought in $42.2 billion of net sales in the second quarter, up from $30.9 billion a year earlier, a 37% increase [2]. That is the pace the third-quarter estimates are measured against.

Retail has a timing issue too. Prime Day moved into the second quarter this year, so the third quarter loses that boost and year-on-year retail growth looks softer [5]. Amazon says that, excluding the Prime Day timing in both years, its growth would be nearly 400 basis points higher. It also expects foreign exchange rates to have an unfavorable effect of about 80 basis points on growth [2].

What comes next

Amazon has not published its third-quarter numbers yet, so every figure above is either an estimate or company guidance. The results and call are due on October 29, and the webcast is on the company's investor relations site at amazon.com/ir [1]. Zacks published its consensus estimate on October 27, so the figures above were set in the days before the release [3].

Three comparisons will show whether the expectations held. The first is AWS revenue against the $45.4 billion consensus and the 35% to 37.5% growth range analysts cite. The second is total net sales against the $197.0 billion to $202.0 billion guidance. The third is operating income against the $22.5 billion to $26.5 billion range [2].