Amazon’s 2026 capital expenditure guidance stands at approximately $220 billion after a July 2026 upward revision from $200 billion, driven mainly by elevated memory-chip costs and sustained AI infrastructure demand that continues to exceed available capacity. The bulk of spending targets AWS data centers, servers, networking, and custom silicon, with Q2 2026 cash capex already reaching $53.1 billion and trailing-twelve-month property-and-equipment purchases hitting $169 billion. AWS revenue accelerated to 36.7% year-over-year growth in the quarter, supported by a $496 billion backlog of long-term contracts, while free cash flow turned negative at $7.6 billion TTM as capex outpaced operating cash flow. Q3 2026 results, expected in late October, will provide the next update on spending pace and any further guidance adjustments amid ongoing hyperscaler competition and power constraints.
Experimental AI-generated summary referencing Polymarket data. This is not trading advice and plays no role in how this market resolves. · Updated$23,476 Vol.
$170 billion
99%
$180 billion
96%
$190 billion
95%
$200 billion
92%
$210 billion
81%
$220 billion
61%
$23,476 Vol.
$170 billion
99%
$180 billion
96%
$190 billion
95%
$200 billion
92%
$210 billion
81%
$220 billion
61%
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’s 2026 capital expenditure guidance stands at approximately $220 billion after a July 2026 upward revision from $200 billion, driven mainly by elevated memory-chip costs and sustained AI infrastructure demand that continues to exceed available capacity. The bulk of spending targets AWS data centers, servers, networking, and custom silicon, with Q2 2026 cash capex already reaching $53.1 billion and trailing-twelve-month property-and-equipment purchases hitting $169 billion. AWS revenue accelerated to 36.7% year-over-year growth in the quarter, supported by a $496 billion backlog of long-term contracts, while free cash flow turned negative at $7.6 billion TTM as capex outpaced operating cash flow. Q3 2026 results, expected in late October, will provide the next update on spending pace and any further guidance adjustments amid ongoing hyperscaler competition and power constraints.
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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