Amazon’s 2026 capital expenditure outlook centers on aggressive AI infrastructure expansion, with the company raising its full-year cash capex guidance to approximately $220 billion in its July 30, 2026 earnings release, up from the prior $200 billion target set in February. The increase stems primarily from elevated memory chip costs amid sustained hyperscale demand, while AWS revenue accelerated to 37% year-over-year growth—the fastest pace in 18 quarters—with an annualized run rate near $169 billion and a contract backlog reaching $496 billion. Management has emphasized that even at the higher spend level, capacity remains insufficient to meet contracted demand through 2026 and into 2027, with substantial 2028 reservations already in place. This dynamic has compressed trailing twelve-month free cash flow into negative territory at roughly $7.6 billion, though executives project attractive long-term returns on invested capital once new data centers monetize. Traders will monitor the upcoming Q3 earnings release for any further guidance revisions, alongside ongoing trends in AWS growth, component pricing, and competitive capex trajectories from peers such as Alphabet.
Experimental AI-generated summary referencing Polymarket data. This is not trading advice and plays no role in how this market resolves. · Updated$23,511 Vol.
Apr 30, 2027
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This market will resolve to "Yes" if Amazon's Purchases of Property and Equipment (capital expenditures) for the full year of 2026, as reported in its official company earnings materials for the fourth fiscal quarter of 2026, is above the listed amount. Otherwise, this market will resolve to "No".
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.Amazon’s 2026 capital expenditure outlook centers on aggressive AI infrastructure expansion, with the company raising its full-year cash capex guidance to approximately $220 billion in its July 30, 2026 earnings release, up from the prior $200 billion target set in February. The increase stems primarily from elevated memory chip costs amid sustained hyperscale demand, while AWS revenue accelerated to 37% year-over-year growth—the fastest pace in 18 quarters—with an annualized run rate near $169 billion and a contract backlog reaching $496 billion. Management has emphasized that even at the higher spend level, capacity remains insufficient to meet contracted demand through 2026 and into 2027, with substantial 2028 reservations already in place. This dynamic has compressed trailing twelve-month free cash flow into negative territory at roughly $7.6 billion, though executives project attractive long-term returns on invested capital once new data centers monetize. Traders will monitor the upcoming Q3 earnings release for any further guidance revisions, alongside ongoing trends in AWS growth, component pricing, and competitive capex trajectories from peers such as Alphabet.
This market will resolve to "Yes" if Amazon's Purchases of Property and Equipment (capital expenditures) for the full year of 2026, as reported in its official company earnings materials for the fourth fiscal quarter of 2026, is above the listed amount. Otherwise, this market will resolve to "No".
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.
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
Volume
$23,511End Date
May 1, 2027Market Opened
Apr 23, 2026, 6:16 PM ETResolver
0x65070BE91...This market will resolve to "Yes" if Amazon's Purchases of Property and Equipment (capital expenditures) for the full year of 2026, as reported in its official company earnings materials for the fourth fiscal quarter of 2026, is above the listed amount. Otherwise, this market will resolve to "No".
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.Amazon’s 2026 capital expenditure outlook centers on aggressive AI infrastructure expansion, with the company raising its full-year cash capex guidance to approximately $220 billion in its July 30, 2026 earnings release, up from the prior $200 billion target set in February. The increase stems primarily from elevated memory chip costs amid sustained hyperscale demand, while AWS revenue accelerated to 37% year-over-year growth—the fastest pace in 18 quarters—with an annualized run rate near $169 billion and a contract backlog reaching $496 billion. Management has emphasized that even at the higher spend level, capacity remains insufficient to meet contracted demand through 2026 and into 2027, with substantial 2028 reservations already in place. This dynamic has compressed trailing twelve-month free cash flow into negative territory at roughly $7.6 billion, though executives project attractive long-term returns on invested capital once new data centers monetize. Traders will monitor the upcoming Q3 earnings release for any further guidance revisions, alongside ongoing trends in AWS growth, component pricing, and competitive capex trajectories from peers such as Alphabet.
This market will resolve to "Yes" if Amazon's Purchases of Property and Equipment (capital expenditures) for the full year of 2026, as reported in its official company earnings materials for the fourth fiscal quarter of 2026, is above the listed amount. Otherwise, this market will resolve to "No".
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.
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.
Volume
$23,511End Date
May 1, 2027Market Opened
Apr 23, 2026, 6:16 PM ETResolver
0x65070BE91...Amazon’s 2026 capital expenditure outlook centers on aggressive AI infrastructure expansion, with the company raising its full-year cash capex guidance to approximately $220 billion in its July 30, 2026 earnings release, up from the prior $200 billion target set in February. The increase stems primarily from elevated memory chip costs amid sustained hyperscale demand, while AWS revenue accelerated to 37% year-over-year growth—the fastest pace in 18 quarters—with an annualized run rate near $169 billion and a contract backlog reaching $496 billion. Management has emphasized that even at the higher spend level, capacity remains insufficient to meet contracted demand through 2026 and into 2027, with substantial 2028 reservations already in place. This dynamic has compressed trailing twelve-month free cash flow into negative territory at roughly $7.6 billion, though executives project attractive long-term returns on invested capital once new data centers monetize. Traders will monitor the upcoming Q3 earnings release for any further guidance revisions, alongside ongoing trends in AWS growth, component pricing, and competitive capex trajectories from peers such as Alphabet.
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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