Amazon raised its 2026 cash capital expenditure guidance to approximately $220 billion during its July 30 Q2 earnings release, up $20 billion from the prior $200 billion target, citing higher memory costs and sustained AI demand. AWS revenue surged 36.7% year-over-year to a $169 billion annualized run rate, with a $496 billion backlog underscoring capacity constraints that management expects to persist into 2027. The elevated spending has driven trailing twelve-month free cash flow negative at $7.6 billion despite 33% operating cash flow growth, prompting bond issuances and highlighting near-term cash flow pressure versus long-term revenue and ROIC expectations from AI infrastructure. Q3 results and any further component cost updates remain key near-term catalysts for revisions.
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
96%
$190 billion
94%
$200 billion
84%
$210 billion
75%
$220 billion
68%
$19,819 Vol.
$170 billion
90%
$180 billion
96%
$190 billion
94%
$200 billion
84%
$210 billion
75%
$220 billion
68%
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 raised its 2026 cash capital expenditure guidance to approximately $220 billion during its July 30 Q2 earnings release, up $20 billion from the prior $200 billion target, citing higher memory costs and sustained AI demand. AWS revenue surged 36.7% year-over-year to a $169 billion annualized run rate, with a $496 billion backlog underscoring capacity constraints that management expects to persist into 2027. The elevated spending has driven trailing twelve-month free cash flow negative at $7.6 billion despite 33% operating cash flow growth, prompting bond issuances and highlighting near-term cash flow pressure versus long-term revenue and ROIC expectations from AI infrastructure. Q3 results and any further component cost updates remain key near-term catalysts for revisions.
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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