Amazon's Q2 2026 results, covering the period ending 30 June 2026, were reported on 30 July 2026, with revenue coming in above Wall Street consensus figures [Brief - 2026-08-15]. That same reporting date coincided with notable single-session moves across large-cap technology peers, including a near-9% decline in Meta Platforms and an 8% gain in Microsoft following their respective Q2 results [Brief - 2026-08-12]. Broader macro conditions on the date included Japanese foreign exchange intervention that produced a 3.3% single-session appreciation in the yen against the dollar [Brief - 2026-08-12], adding to cross-asset volatility in the period surrounding Amazon's earnings release.
Amazon's trailing twelve-month financials as of 30 June 2026 show revenue of $775.68bn, representing year-over-year growth of 19.6%, with net income of $135.28bn and a net margin of 17.44%. Operating margin stood at 12.08%, while EPS grew 242.26% year-over-year. The company held $78.21bn in cash against total debt of $133.32bn. Market capitalisation was recorded at approximately $2.72tn, with the stock trading at a price-to-earnings ratio of 20.26 [SEC 10-Q - AMZN - 2026-06-30].
Insider activity over the past 30 days recorded 41 transactions with a net selling direction, totalling a net disposal value of approximately $18.05mn [SEC Form 4 - AMZN - 2026-09]. Among institutional holders, Coatue added 49% to its position and AQR Capital added 26%, while ARK Invest increased its holding by 17%. Conversely, Bridgewater reduced its position by 54% and Third Point trimmed its holding by 9.8% [SEC 13F - Coatue - Q2 2026; SEC 13F - AQR Capital - Q2 2026; SEC 13F - ARK Invest - Q2 2026; SEC 13F - Bridgewater - Q2 2026; SEC 13F - Third Point - Q2 2026].
The prevailing macroeconomic rate environment shows the US 10-year Treasury yield at 4.83% and the 2-year yield at 4.39%, reflecting a normal yield curve configuration with a spread of 44 basis points between the two tenors [FRED DGS10; FRED DGS2]. This report was generated in response to recent insider selling activity and material changes in institutional positioning across multiple significant holders.