Amazon capex, CY2026 Q1

Amazon reported $44.2B of capex for CY2026 Q1, the quarter covering January to March 2026. That is +77% on the $25B of the same quarter a year earlier (CY2025 Q1).

Amazon sells AWS cloud services to enterprises and developers and operates retail and logistics businesses. Its reported capex also includes fulfillment infrastructure, so these figures are not AWS-only.

Capex, CY2026 Q1$44.2B

Year on year+77%

Announced29 Apr 2026

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Verified 11 Nov 2026

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Source per value

Reported quarter: CY2026 Q1 1
Calendar quarter: 2026 Q1 1
Announced: 2026-04-29 1
“April 29, 2026”
Capex (USD million): 44,203 1
“(44,203”
Capex definition: Gross cash purchases of property and equipment for Amazon as a whole, before proceeds from asset sales and incentives; excludes noncash finance-lease asset acquisitions. 1

Sources

Amazon investor relations: Amazon CY2026 Q1 accessed 2026-11-11

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Sources

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