Amazon raised its full-year 2026 capital expenditure guidance to approximately $220 billion during its July 30 earnings release, up from the prior $200 billion target set in February, citing elevated memory chip costs amid accelerating AI infrastructure deployment. Q2 cash capex reached $53.1 billion, contributing to a trailing-twelve-month total exceeding $169 billion and producing negative free cash flow of $7.6 billion as spending outpaces monetization. Roughly 80% of the outlay targets AI-related data centers, custom silicon such as Trainium and Graviton, and supporting networking, with AWS revenue growing 37% year-over-year and AI-related run rates surpassing $25 billion. Strong customer demand signals suggest capacity will remain constrained into 2027, while upcoming quarterly results and any further memory-price volatility represent key near-term catalysts for revisions.
Experimental AI-generated summary referencing Polymarket data. This is not trading advice and plays no role in how this market resolves. · Updated$19,780 Vol.
$170 billion
91%
$180 billion
95%
$190 billion
95%
$200 billion
86%
$210 billion
75%
$220 billion
65%
$19,780 Vol.
$170 billion
91%
$180 billion
95%
$190 billion
95%
$200 billion
86%
$210 billion
75%
$220 billion
65%
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 raised its full-year 2026 capital expenditure guidance to approximately $220 billion during its July 30 earnings release, up from the prior $200 billion target set in February, citing elevated memory chip costs amid accelerating AI infrastructure deployment. Q2 cash capex reached $53.1 billion, contributing to a trailing-twelve-month total exceeding $169 billion and producing negative free cash flow of $7.6 billion as spending outpaces monetization. Roughly 80% of the outlay targets AI-related data centers, custom silicon such as Trainium and Graviton, and supporting networking, with AWS revenue growing 37% year-over-year and AI-related run rates surpassing $25 billion. Strong customer demand signals suggest capacity will remain constrained into 2027, while upcoming quarterly results and any further memory-price volatility represent key near-term catalysts for revisions.
Experimental AI-generated summary referencing Polymarket data. This is not trading advice and plays no role in how this market resolves. · Updated



Beware of external links.
Beware of external links.
Frequently Asked Questions