Earnings call briefSecond-quarter 2026
Amazon.com raises its 2026 cash capex estimate to about $220 billion
CEO Andy Jassy said higher memory costs pushed the estimate up from a prior figure of about $200 billion.
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Amazon.com said on its second-quarter call that even at about $220 billion of cash capex, it will still lack capacity to meet all its 2026 demand. CEO Andy Jassy said he believes the same will be true in 2027.
CFO Brian Olsavsky said two items reduced second-quarter expenses by about $1.2 billion, one of them about $600 million of tariff-related refunds.
Quotes from the call
“We now believe we will spend approximately $220 billion in cash CapEx in 2026.”
Key facts from the call
- Expected 2026 cash capex
- About $220 billion
- Previous 2026 cash capex estimate
- About $200 billion
Source: Amazon.com's second-quarter 2026 earnings call, July 30, 2026.
Written by GetSignal with AI from the company's earnings call.
Not investment advice.
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