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Amazon Powers Up Record Q4 Sales, Forecasts $200 Billion in 2026 Capex

Amazon‘s shopping cart spilled over in the fourth quarter of 2025: The ecommerce behemoth raked in a record $213.4 billion in revenue that beat Wall Street expectations. But the company’s shares fell in after-hours trading Thursday after Amazon said it expected to increase capital spending roughly 50% to $200 billion for 2026 as it races to compete in the AI space. Overall net sales for the year-end 2025 holiday shopping quarter increased 14%. Net income was $21.2 billion (up 5.9%), translating ...

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