Amazon’s 2026 capital expenditure guidance, raised to $220 billion in late July from the prior $200 billion target, reflects sustained AI infrastructure demand and higher memory costs. Q2 cash capex reached $53.1 billion, with trailing twelve-month property and equipment purchases at $169 billion, primarily allocated to AWS data centers, custom silicon, and networking. Strong AWS revenue growth of 37% year-over-year and a $496 billion backlog support the elevated run rate, though free cash flow turned negative at $7.6 billion TTM as investments outpace operating cash generation. Management has indicated capacity constraints will persist into 2027, with Q3 results expected to provide further visibility on spending trajectory and any potential revisions.
Experimental AI-generated summary referencing Polymarket data. This is not trading advice and plays no role in how this market resolves. · Updated$19,149 Vol.
Apr 30, 2027
$170 billion
88%
$180 billion
95%
$190 billion
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$210 billion
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$19,149 Vol.
$170 billion
$761 Vol.
88%
$180 billion
$5,848 Vol.
95%
$190 billion
$4,859 Vol.
96%
$200 billion
$4,164 Vol.
84%
$210 billion
$1,384 Vol.
70%
$220 billion
$2,132 Vol.
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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 guidance, raised to $220 billion in late July from the prior $200 billion target, reflects sustained AI infrastructure demand and higher memory costs. Q2 cash capex reached $53.1 billion, with trailing twelve-month property and equipment purchases at $169 billion, primarily allocated to AWS data centers, custom silicon, and networking. Strong AWS revenue growth of 37% year-over-year and a $496 billion backlog support the elevated run rate, though free cash flow turned negative at $7.6 billion TTM as investments outpace operating cash generation. Management has indicated capacity constraints will persist into 2027, with Q3 results expected to provide further visibility on spending trajectory and any potential revisions.
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
$19,149End Date
Apr 30, 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 guidance, raised to $220 billion in late July from the prior $200 billion target, reflects sustained AI infrastructure demand and higher memory costs. Q2 cash capex reached $53.1 billion, with trailing twelve-month property and equipment purchases at $169 billion, primarily allocated to AWS data centers, custom silicon, and networking. Strong AWS revenue growth of 37% year-over-year and a $496 billion backlog support the elevated run rate, though free cash flow turned negative at $7.6 billion TTM as investments outpace operating cash generation. Management has indicated capacity constraints will persist into 2027, with Q3 results expected to provide further visibility on spending trajectory and any potential revisions.
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
$19,149End Date
Apr 30, 2027Market Opened
Apr 23, 2026, 6:16 PM ETResolver
0x65070BE91...Amazon’s 2026 capital expenditure guidance, raised to $220 billion in late July from the prior $200 billion target, reflects sustained AI infrastructure demand and higher memory costs. Q2 cash capex reached $53.1 billion, with trailing twelve-month property and equipment purchases at $169 billion, primarily allocated to AWS data centers, custom silicon, and networking. Strong AWS revenue growth of 37% year-over-year and a $496 billion backlog support the elevated run rate, though free cash flow turned negative at $7.6 billion TTM as investments outpace operating cash generation. Management has indicated capacity constraints will persist into 2027, with Q3 results expected to provide further visibility on spending trajectory and any potential revisions.
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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