01Amazon missed Q3 2026 earnings expectations with EPS of $1.89 versus consensus estimate of $1.97, a $0.08 shortfall.
02Revenue came in at $201.9B, missing the $202.2B estimate by $0.3B.
03Amazon's stock trades at $243.79 with a market capitalization of $2.25 trillion following the earnings release.
04Q3 2026 marked a significant decline from Q2's exceptional EPS beat of +215.9% but followed minor misses in Q4 2025 and Q1 2026.
Earnings Results
Amazon.com (NASDAQ:AMZN) reported quarterly earnings results on October 29, 2026 that fell short of analyst expectations.
The Consumer Cyclical company reported earnings per share of $1.89, missing the consensus estimate of $1.97 by $0.08 per share. Revenue came in at $201.9B, missing the estimate of $202.2B.
Company Overview
Amazon.com's stock moved following the earnings release. The stock currently trades at $243.79 with a market capitalization of $2254.3B.
Missing analyst estimates puts pressure on a stock as investors reassess their growth assumptions. The market's reaction to an earnings miss depends heavily on the magnitude of the shortfall, the company's forward guidance, and whether the miss was driven by temporary or structural factors.
Earnings reports are most useful when viewed as part of a trend rather than in isolation. Investors tracking Amazon.com should compare this quarter's results against both year-over-year figures and sequential performance to identify whether the business is accelerating, stabilizing, or decelerating. The earnings calendar on Smart Investors Daily tracks upcoming report dates across all publicly traded companies.