Amazon raised its 2026 cash capital expenditure guidance to $220 billion in late July, up $20 billion from the prior $200 billion target, primarily due to higher memory component costs supporting accelerated AI and AWS infrastructure buildout. Trailing twelve-month capex reached approximately $173 billion by June 30, with Q2 alone at $54.2 billion, pushing free cash flow negative at $7.6 billion even as operating cash flow grew 33% to $161.4 billion. AWS revenue surged 36.7% year-over-year to drive a $496 billion backlog, with management noting demand exceeds planned capacity through 2027 and into 2028. This positions the full-year outcome relative to market thresholds amid ongoing quarterly spending trends and potential Q3 updates.
Experimental AI-generated summary referencing Polymarket data. This is not trading advice and plays no role in how this market resolves. · Updated$21,566 Vol.
$170 billion
96%
$180 billion
96%
$190 billion
94%
$200 billion
89%
$210 billion
73%
$220 billion
63%
$21,566 Vol.
$170 billion
96%
$180 billion
96%
$190 billion
94%
$200 billion
89%
$210 billion
73%
$220 billion
63%
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 $220 billion in late July, up $20 billion from the prior $200 billion target, primarily due to higher memory component costs supporting accelerated AI and AWS infrastructure buildout. Trailing twelve-month capex reached approximately $173 billion by June 30, with Q2 alone at $54.2 billion, pushing free cash flow negative at $7.6 billion even as operating cash flow grew 33% to $161.4 billion. AWS revenue surged 36.7% year-over-year to drive a $496 billion backlog, with management noting demand exceeds planned capacity through 2027 and into 2028. This positions the full-year outcome relative to market thresholds amid ongoing quarterly spending trends and potential Q3 updates.
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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