Amazon’s February 2026 earnings guidance set 2026 capital expenditures at $200 billion—roughly 50% above the $131.8 billion spent in 2025—with the large majority directed toward AWS data centers, custom AI chips, networking, and power infrastructure to meet surging demand for generative AI workloads. CEO Andy Jassy highlighted accelerating AWS revenue growth (24% YoY in Q4 2025) and rapid absorption of new AI capacity, while analysts noted that roughly 80% of the spend is AI-related. This projection exceeded prior consensus estimates and aligns with broader hyperscaler trends, where Microsoft, Alphabet, and Meta are collectively guiding toward $600–700 billion in 2026 capex. Subsequent Q1 2026 updates have left the Amazon figure unchanged amid ongoing supply constraints and strong cloud bookings. Key near-term catalysts include Q2 earnings and any revisions to free-cash-flow or capacity-add timelines.
Experimental AI-generated summary referencing Polymarket data. This is not trading advice and plays no role in how this market resolves. · Updated$170 billion
94%
$180 billion
91%
$190 billion
89%
$200 billion
90%
$210 billion
50%
$220 billion
53%
$3,889 Vol.
$170 billion
94%
$180 billion
91%
$190 billion
89%
$200 billion
90%
$210 billion
50%
$220 billion
53%
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 February 2026 earnings guidance set 2026 capital expenditures at $200 billion—roughly 50% above the $131.8 billion spent in 2025—with the large majority directed toward AWS data centers, custom AI chips, networking, and power infrastructure to meet surging demand for generative AI workloads. CEO Andy Jassy highlighted accelerating AWS revenue growth (24% YoY in Q4 2025) and rapid absorption of new AI capacity, while analysts noted that roughly 80% of the spend is AI-related. This projection exceeded prior consensus estimates and aligns with broader hyperscaler trends, where Microsoft, Alphabet, and Meta are collectively guiding toward $600–700 billion in 2026 capex. Subsequent Q1 2026 updates have left the Amazon figure unchanged amid ongoing supply constraints and strong cloud bookings. Key near-term catalysts include Q2 earnings and any revisions to free-cash-flow or capacity-add timelines.
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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