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Amazon’s best quarter in years was half-built on a $16.8 billion paper gain from Anthropic

  • The Next Web faviconThe Next Web

    By Ana Maria ConstantinMay 3, 2026, 1:13 pm242 ptsTrendingTop
    photo of Amazon’s best quarter in years was half-built on a $16.8 billion paper gain from Anthropic imageAmazon reported first-quarter 2026 net sales of $181.5 billion, a 17 per cent increase year on year that exceeded analyst estimates by more than $4 billion. Net income reached $30.3 billion, nearly doubling from $17.1 billion in the same period last year. Earnings per share came in at $2.78, crushing the $1.64…
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