Tech Brew Ride Home · Friday, October 30, 2026
Amazon's third-quarter sales reached $201.9 billion, rising 12%, while online sales grew just 2% to $68.5 billion. The company spent over $77 billion on property and equipment to support data centers and AI services, contributing to a free cash outflow of $42.4 billion over the trailing 12 months.
“Amazon's shares dropped after the company reported greater capital spending than anticipated and the slowest growth in the core e-commerce business in three years.”
“Amazon said it spent more than $77 billion on property and equipment in the third quarter, far more than the analysts' estimates, while pursuing its effort to build data centers and fulfill demand for artificial intelligence services.”