After months of anxiety over whether Amazon could keep up with Microsoft and Google in the cloud race, the company finally put a number to its answer

Investors were likely pleased with a re-acceleration in Amazon's closely watched cloud computing unit, which reported $33 billion in sales, up 20% year-over-year and topping analyst estimates.

E-commerce and cloud computing giant Amazon (AMZN) impressed investors with its market-beating third-quarter results, with strong growth in its Amazon Web Services (AWS) cloud computing unit. Top analysts at Evercore and Canaccord raised their price targets for Amazon stock following the impressive Q3 print.

Amazon shares jumped 10% as the company’s quarterly numbers beat Wall Street forecasts including at key Amazon Web Services, or AWS where it badly needed a win.

Amazon.com AMZN shares jumped more than 13% in extended trading on Thursday after the company delivered third-quarter 2025 earnings of $1.95 per share, which increased 36.4% from the year-ago quarter and beat the Zacks Consensus Estimate by 23.

Amazon (AMZN) issued its Q3 2025 earnings report on Thursday. The company has shown profitability across multiple avenues. One of the segments that the company focused on, in particular, was Amazon Web Services. AWS segment sales have increased 20 percent year-over-year to $33 billion USD.

Amazon will report its quarterly earnings on Tuesday, following a massive AWS outage and amid concerns about its AI growth.

Amazon.com, Inc. outperformed expectations for Q3 2025, with AWS and Ads growth accelerating. Learn more about AMZN stock here.

Amazon.com plans to continue spending on capacity to meet demand for artificial intelligence and cloud products.

AWS is growing 20% year-over-year and ended the third quarter with $33.1 billion in sales through the first nine months of the year, Amazon announced in its third-quarter earnings release on Thursday. The business segment’s operating income increased to $11.4 billion in Q3, up from $10.4 billion at the same point in 2024.