Andy Jassy, CEO of Amazon, arrives at The Sun Valley Resort for the Allen and Company Sun Valley Media and Technology Conference in Sun Valley, Idaho, U.S., July 8, 2025.
Brendan McDermid | Reuters
Amazon shares jumped more than 10% in extended trading Thursday after the company posted third-quarter earnings that exceeded expectations, along with strong growth in its cloud-computing unit.
Here's how the company did, compared with estimates from analysts polled by LSEG:
- Earnings per share: $1.95 vs. $1.57 estimated
- Revenue: $180.17 billion vs. $177.8 billion estimated
Wall Street is also looking at other key revenue numbers:
- Amazon Web Services: $33 billion vs. $32.42 billion expected, according to StreetAccount
- Advertising: $17.7 billion vs. $17.34 billion expected, according to StreetAccount
Revenue in Amazon's cloud unit accelerated 20.2% during the quarter, blowing past analysts' expectations of 18.1%. Cloud growth has been a key area of concern for the company, as it faces intensifying pressure from rivals Google and Microsoft, who have posted higher growth rates than Amazon.
This is breaking news. Please check back for updates.
Amazon year-to-date stock chart.
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