Amazon AWS posts 39% revenue growth as cloud rivals also accelerate
- ID
- 40932
- Status
- summarized
- Published
- 30 Oct 2026, 5:59 AM
- Fetched
- 30 Oct 2026, 6:52 AM
- Provider
- CNBC Technology
- Category
- technology
- Original URL
- https://www.cnbc.com/2026/10/29/aws-q3-earnings-report-2026.html
- Source URL
- https://www.cnbc.com/id/19854910/device/rss/rss.html
Summary
- Score
- 4.5
- Created
- 30 Oct 2026, 6:52 AM
- Tags
- Audience
- developersai_ml_learnerssaas_founders
What happened
AWS reported Q3 revenue of $45.98 billion, up 39% year over year and above the $45.29 billion analyst consensus, with operating income of $17.77 billion, up 55%. Growth accelerated from about 37% in Q2, while Alphabet said Google Cloud more than doubled and Microsoft also accelerated. AWS said it plans to expand its Nvidia GPU portfolio and acquired data analysis startup DuckLabs, plus signed deals with Meta and OpenAI.
Why it matters
This is mostly an earnings signal, not a product change: the builder-relevant specifics are AWS adding Nvidia GPU capacity and buying DuckLabs, which could affect future GPU availability and AWS data-analytics tooling. There are no prices, regions, or Malaysia availability details here, so don't change architecture or cloud budgets based on this alone—wait for concrete SKU or region announcements.
Discussion angle
AWS operating income rose 55% while it expands Nvidia GPU capacity—what does that tell us about AI cloud margins and whether GPU workloads will get cheaper or stay scarce?