Amazon.com, Inc. · AMZN · Next earnings

Amazon.com, Inc. reports Thursday, Feb 4, 2027

AMZN reports after market close with consensus EPS at $2.42 and revenue at $244.88B. Last quarter: Amazon pairs accelerating AWS AI demand with sustained capital intensity

Reports After market close91 days awayDate estimated Consumer Cyclical

What the street expects

Consensus for the coming report
Consensus EPS $2.42 Calendar consensus
Consensus revenue $244.88B Calendar consensus
Report date Feb 4, 2027 Thursday, date estimated
Session After market close 91 days away

Where AMZN left off: FY2026 Q3

Full report

Amazon pairs accelerating AWS AI demand with sustained capital intensity

EPS surprise -4.1% Reported $1.89 vs $1.97
Revenue surprise -0.1% Reported $201.94B vs $202.22B
Stock move -1.6% Event window
Subsequent drift 0.0% Up to 20 sessions

Management maintained its outlook and reaffirmed Q4 revenue guidance of $240–247 billion and operating income guidance of $28.5–33.5 billion.

What to watch on the call

Carried forward from the last transcript

Risks management flagged

  • Memory and other component costs could increase spending requirements.
  • Fuel and line-haul inflation may pressure fulfillment costs and Q4 results.
  • Accelerated AI investment could weigh on AWS margins.
  • Trade policy, foreign exchange, and cloud competition remain uncertainties.

Questions analysts left open

  • AWS capacity growth slowed sequentially.
  • AI investment may pressure AWS operating margins.
  • Fuel and transportation inflation could affect Q4 fulfillment costs.
  • The scale and margin impact of external Trainium sales remain to be tested.

Ask FN2 about AMZN next report

Transcript, numbers and history already loaded
What should I watch for in AMZN's next earnings report?How did AMZN guide last quarter, and is consensus above or below that?Give me the bull and bear case going into AMZN earnings.

Free account. Your question opens in FN2 with this report's transcript and numbers attached.

Get the AMZN recap when the next report posts

One email per quarter with the scorecard, the market reaction and what changed on the call. No account needed.

Recent AMZN quarters

All AMZN earnings
-1.6%FY2026 Q3+15.3%FY2026 Q2+0.8%FY2026 Q1+9.6%FY2025 Q3

Sources

  1. FN2 corporate events calendar, resolved from the earnings calendar feed
  2. FN2 earnings calendar analyst consensus
  3. Earnings call transcript analysis, FY2026 Q3

Methodology

The report date comes from FN2's resolved corporate-events calendar and is marked estimated until the company confirms it. Consensus figures are the calendar's latest analyst estimates for the fiscal period and are not an FN2 forecast.

Risks and open questions are carried forward verbatim from FN2's structured analysis of the previous earnings call. Missing values stay missing and are never estimated.

By FN2 Research · Updated . For educational purposes only; not investment advice.