Amazon's Q2 2026 results, covering the period ending 30 June 2026, were reported to have beaten Wall Street revenue forecasts, with publication occurring on 30 July 2026 alongside Apple's Q2 2026 revenue figure of $109.4bn [Brief - 2026-08-04]. The broader equity market context on that date included Meta Platforms declining approximately 9% after missing revenue guidance and reporting a drop in free cash flow, while Microsoft rose 8% on Azure cloud growth and Copilot AI performance [Brief - 2026-08-12]. Separately, macroeconomic conditions around the reporting period included Japan conducting foreign exchange intervention on 30–31 July 2026, with the yen advancing as much as 3.3% against the dollar in its largest single-day move against the currency [Brief - 2026-08-12].
Amazon's trailing twelve-month revenue as of 30 June 2026 stood at $775.68bn, representing year-over-year growth of 19.6%. Net income on a TTM basis was $135.28bn, with a net margin of 17.44% and an operating margin of 12.08%. EPS grew 242.26% year-over-year on a TTM basis. The company held $78.21bn in cash against $133.32bn in total debt. The reported P/E ratio was 21.13, with market capitalisation at approximately $2.83 trillion as of the same date [SEC 10-Q - AMZN - 2026-06-30].
Insider activity over the past 30 days comprised three transactions, with net direction characterised as selling and a combined net value of approximately -$346.7 million [SEC Form 4 - AMZN - 2026-08]. Among institutional holders, material position changes were reported in the most recent 13F filings: Coatue (Philippe Laffont) added 49% to its position, AQR Capital (Cliff Asness) added 26%, and ARK Invest (Cathie Wood) added 17%. Bridgewater (Ray Dalio) reduced its position by 54%, and Soros Fund Management (George Soros) reduced its position by 39% [SEC 13F - Coatue - Q2 2026] [SEC 13F - AQR Capital - Q2 2026] [SEC 13F - ARK Invest - Q2 2026] [SEC 13F - Bridgewater - Q2 2026] [SEC 13F - Soros Fund Mgmt - Q2 2026].
The US 10-year Treasury yield stood at 4.63% and the 2-year at 4.15% as of the generation date, producing a normal yield curve spread of 48 basis points [FRED DGS10] [FRED DGS2]. Separately, the International Energy Agency issued its most significant 2026 global oil supply assessment, cutting its forecast by 4.3 million barrels per day to 102.02 million barrels per day, a development cited in the context of a Hormuz standoff and a US CPI release on 12 August 2026 [Brief - 2026-08-12]. This report was generated in response to the material institutional position changes identified across multiple 13F filers during the most recent reporting period.