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Amazon 3Q26 earnings call: AWS targets 40%-plus growth through 2028 as satellite costs weigh on near-term profit

What happened

On its 3Q26 earnings call, Amazon said it expects its cloud unit AWS to keep growing faster than 40% a year through 2028; this figure is a target/forecast, not an achieved result. The company also indicated that costs from its satellite internet project will hold back fourth-quarter profit. The source does not state the cause of the AWS growth target.

Impact and signal

Medium impactImpact score: 58/100

Affected components and suppliers

AWS云业务
AWS增长目标卫星互联网项目成本Q4利润3Q26财报电话会

Source and time

Source: DigiTimes Asia · 10/29/2026 · View original source

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