# Amazon reports $62.6bn quarterly profit as advertising revenue rises 26%

- URL: https://talkfuse.com/story/amazon-q2-ad-revenue-up-26-as-tech-giants-profit-booms-to-62-6-billion-on-anthropic-investments/
- Published: 2026-07-30T23:32:53+00:00
- Updated: 2026-07-31T05:48:20+00:00
- Original publisher: Variety
- Original article: https://variety.com/2026/digital/news/amazon-ad-sales-q2-profit-62-billion-anthropic-1236824567/
- Topics: AI, Art, Business, Companies, Culture, Technology

## Key points

- Amazon beat forecasts with $200.6 billion in quarterly revenue.
- Advertising revenue climbed 26% to $19.8 billion.
- Anthropic-linked gains helped lift profit to $62.6 billion.

## Summary

Amazon exceeded Wall Street’s second-quarter expectations, reporting more than $200 billion in revenue and a sharp rise in profit. The results highlight the expanding role of advertising, cloud computing and AI infrastructure in Amazon’s business, with gains from its investment in Anthropic making a major contribution to earnings.

Advertising services revenue rose 26% year on year to $19.8 billion, while total revenue reached $200.6 billion, compared with forecasts of $196.43 billion. Diluted earnings per share were $5.75, above the expected $1.82, and net profit reached $62.6 billion; Amazon said AWS revenue grew 36.7%, its fastest pace in 18 quarters, while its AI and chip businesses exceeded annual revenue run rates of $25 billion.

## Coverage

- [Variety: Amazon reports $62.6bn quarterly profit as advertising revenue rises 26%](https://variety.com/2026/digital/news/amazon-ad-sales-q2-profit-62-billion-anthropic-1236824567/)
- [Deadline: Amazon Thrives On Big Q2 For AI, Advertising Revenue Climbs 26% To Near $20 Billion Mark](https://deadline.com/2026/07/amazon-q2-2026-earnings-ai-advertising-aws-growth-1237013723/)

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Summarised by TalkFuse (https://talkfuse.com/). Quote the original publisher for the reporting and link this page for the summary and discussion.