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Amazon stock falls 10% on $200 billion spending forecast, earnings miss

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Feb 5, 2026 · 21:10

Amazon reported fourth-quarter earnings on Thursday after the bell. Here’s how the company did, compared with estimates from analysts polled by LSEG:

* **Earnings per share:** $1.95 vs. $1.97 estimated
* **Revenue:** $213.39 billion vs. $211.33 billion estimated

Wall Street was also looking at other key revenue numbers:

* **Amazon Web Services:** $35.58 billion vs. $34.93 billion expected, according to StreetAccount
* **Advertising:** $21.32 billion vs. $21.16 billion expected, according to StreetAccount

Source: [https://www.cnbc.com/2026/02/05/amazon-amzn-q4-earnings-report-2025.html](https://www.cnbc.com/2026/02/05/amazon-amzn-q4-earnings-report-2025.html)