{"slug": "amazon-q2-ad-revenue-up-26-as-tech-giants-profit-booms-to-62-6-billion-on", "title": "Amazon Q2 Ad Revenue Up 26% as Tech Giant’s Profit Booms to $62.6 Billion on Anthropic Investments", "summary": "Amazon reported second-quarter 2026 earnings with advertising services revenue up 26% year over year to $19.8 billion and overall profit surging to $62.6 billion, largely due to its investment in AI company Anthropic. The tech giant beat Wall Street estimates with $200.6 billion in revenue and diluted EPS of $5.75, driven by AWS growth of 36.7% and AI and Chips businesses each exceeding $25 billion run rates, according to CEO Andy Jassy.", "body_md": "[Amazon](https://variety.com/t/amazon/) reported its second-quarter 2026 earnings Thursday, revealing it beat Wall Street’s estimates with more than $200 billion in revenue for the April-June period.\n\nAdvertising services revenue for the quarter was up 26% year over year to $19.8 billion, while the tech giant’s overall profit jumped to $62.6 billion largely thanks to its investment in AI company Anthropic.\n\nWall Street forecast earnings per share (EPS) of $1.82 on $196.43 billion in revenue, according to analyst consensus data provided by LSEG. Amazon reported diluted EPS of $5.75 on $200.6 billion in revenue.\n\n“AWS is booming, growing 36.7% year-over-year in Q2—our fastest growth in 18 quarters—and our AI and Chips businesses each eclipsed run rates of more than $25 billion,” Amazon CEO Andy Jassy said in a letter to shareholders. “In Stores, we again set record delivery speeds for Prime members in the first half of the year—over 40% more items delivered same-day or overnight, with Grocery and Everyday Essentials growing meaningfully faster than the rest of the business. And, Advertising had another strong quarter with 26% year-over-year growth. There’s a lot to be excited about, and we have much more coming for customers in the second half of the year and beyond.”\n\n### Popular on Variety\n\nMore to come…", "url": "https://wpnews.pro/news/amazon-q2-ad-revenue-up-26-as-tech-giants-profit-booms-to-62-6-billion-on", "canonical_source": "https://variety.com/2026/digital/news/amazon-ad-sales-q2-profit-62-billion-anthropic-1236824567/", "published_at": "2026-07-30 20:20:16+00:00", "updated_at": "2026-07-30 20:35:33.045549+00:00", "lang": "en", "topics": ["artificial-intelligence", "ai-infrastructure", "ai-chips", "ai-research"], "entities": ["Amazon", "Anthropic", "Andy Jassy", "AWS", "LSEG"], "alternates": {"html": "https://wpnews.pro/news/amazon-q2-ad-revenue-up-26-as-tech-giants-profit-booms-to-62-6-billion-on", "markdown": "https://wpnews.pro/news/amazon-q2-ad-revenue-up-26-as-tech-giants-profit-booms-to-62-6-billion-on.md", "text": "https://wpnews.pro/news/amazon-q2-ad-revenue-up-26-as-tech-giants-profit-booms-to-62-6-billion-on.txt", "jsonld": "https://wpnews.pro/news/amazon-q2-ad-revenue-up-26-as-tech-giants-profit-booms-to-62-6-billion-on.jsonld"}}