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Amazon outlines AWS growing north of 40% in 2027 and 2028, as it targets $1T revenue in 5 to 10 years
Amazon projects AWS growth above 40% in 2027-2028 and $1T revenue target.
Context
What happened: On its Q3 2026 earnings call, Amazon outlined AWS growth north of 40% in 2027 and 2028 as it targets $1T in revenue in 5 to 10 years.
Key numbers: Q3 2026 revenue $201.9B, up 12% year over year. Operating income $28.1B, up 61%. AWS grew 39.3% year over year.
Why it matters: Management said AWS growth is accelerating and that its plan is working, with the outlined 2027 and 2028 growth rates above the current pace.
What changed
On its Q3 2026 earnings call, Amazon outlined AWS growth north of 40% in 2027 and 2028 as it targets $1T in revenue in 5 to 10 years.
Why it matters
Management said AWS growth is accelerating and that its plan is working, with the outlined 2027 and 2028 growth rates above the current pace.
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Oct 30, 2026 12:14 AM ET