Amazon’s 2026 capital expenditures are driven primarily by AWS infrastructure buildout to meet surging generative AI demand. After guiding to $200 billion in February, management raised the full-year cash capex target to approximately $220 billion following Q2 2026 results, citing elevated memory-chip costs and capacity constraints that still leave demand unmet despite 37% AWS revenue growth. Trailing-twelve-month purchases of property and equipment reached $173 billion, pushing free cash flow negative at $7.6 billion. The elevated spend reflects hyperscaler-wide AI capex acceleration, with Amazon’s outlays focused on data centers, custom chips, and networking. Q3 results expected in late October could provide further updates on run-rate spending and utilization trends.
Experimental AI-generated summary referencing Polymarket data. This is not trading advice and plays no role in how this market resolves. · Updated$19,819 Vol.
$170 billion
90%
$180 billion
95%
$190 billion
95%
$200 billion
86%
$210 billion
74%
$220 billion
64%
$19,819 Vol.
$170 billion
90%
$180 billion
95%
$190 billion
95%
$200 billion
86%
$210 billion
74%
$220 billion
64%
The specified metric will be considered as reported in the company's official earnings materials. Subsequent revisions will not be considered.
If the specified company's official earnings materials for the specified period are released, and the specified metric is not included, this market will resolve to "No".
If the specified company does not release earnings materials for the fourth fiscal quarter of 2026 by April 30, 2027, 11:59 PM ET, this market will resolve to "No".
If the specified metric is reported as a range rather than a specific number, the midpoint of the range will be used for resolution of this market.
The resolution source for this market is Amazon's official company earnings materials for the fourth fiscal quarter of 2026, including press releases, investor presentations, and regulatory filings (including the Annual Report on Form 10-K). If the specified metric is not reported in these materials, recordings or transcripts of the company's earnings webcast may also be used.
Note: This market will resolve based on the most numerically precise version of the specified metric reported in the company's official earnings materials. Capital expenditures are defined as purchases of property and equipment as reported in Amazon's consolidated statements of cash flows under investing activities, consistent with how Amazon has historically disclosed this figure. Alternate metrics that differ in definition or scope will not be considered.
Market Opened: Apr 23, 2026, 6:16 PM ET
Resolver
0x65070BE91...The specified metric will be considered as reported in the company's official earnings materials. Subsequent revisions will not be considered.
If the specified company's official earnings materials for the specified period are released, and the specified metric is not included, this market will resolve to "No".
If the specified company does not release earnings materials for the fourth fiscal quarter of 2026 by April 30, 2027, 11:59 PM ET, this market will resolve to "No".
If the specified metric is reported as a range rather than a specific number, the midpoint of the range will be used for resolution of this market.
The resolution source for this market is Amazon's official company earnings materials for the fourth fiscal quarter of 2026, including press releases, investor presentations, and regulatory filings (including the Annual Report on Form 10-K). If the specified metric is not reported in these materials, recordings or transcripts of the company's earnings webcast may also be used.
Note: This market will resolve based on the most numerically precise version of the specified metric reported in the company's official earnings materials. Capital expenditures are defined as purchases of property and equipment as reported in Amazon's consolidated statements of cash flows under investing activities, consistent with how Amazon has historically disclosed this figure. Alternate metrics that differ in definition or scope will not be considered.
Resolver
0x65070BE91...Amazon’s 2026 capital expenditures are driven primarily by AWS infrastructure buildout to meet surging generative AI demand. After guiding to $200 billion in February, management raised the full-year cash capex target to approximately $220 billion following Q2 2026 results, citing elevated memory-chip costs and capacity constraints that still leave demand unmet despite 37% AWS revenue growth. Trailing-twelve-month purchases of property and equipment reached $173 billion, pushing free cash flow negative at $7.6 billion. The elevated spend reflects hyperscaler-wide AI capex acceleration, with Amazon’s outlays focused on data centers, custom chips, and networking. Q3 results expected in late October could provide further updates on run-rate spending and utilization trends.
Experimental AI-generated summary referencing Polymarket data. This is not trading advice and plays no role in how this market resolves. · Updated



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