{"id":23380,"date":"2026-04-30T18:11:14","date_gmt":"2026-04-30T18:11:14","guid":{"rendered":"https:\/\/www.europesays.com\/ai\/23380\/"},"modified":"2026-04-30T18:11:14","modified_gmt":"2026-04-30T18:11:14","slug":"amazon-posts-strong-q1-continues-push-into-agentic-ai","status":"publish","type":"post","link":"https:\/\/www.europesays.com\/ai\/23380\/","title":{"rendered":"Amazon Posts Strong Q1, Continues Push Into Agentic AI"},"content":{"rendered":"

Net income was $30.26 billion, or $2.78 per diluted share, versus $17.13 billion, or $1.59 per diluted share, in the quarter a year prior, the company<\/a> reported. <\/p>\n

First-quarter net income includes pre-tax gains of about $16.8 billion, reported in non-operating income from the company\u2019s investments in Anthropic.<\/p>\n

An analyst consensus estimate from Zacks Investment Research called for earnings per diluted share of $1.61 with sales at $177.84 billion.<\/p>\n

Net sales increased 17% to $181.52 billion versus $155.67 billion in the previous-year quarter, with product sales coming in at $71.3 billion versus $63.97 billion, Amazon maintained. With a $2.9 billion favorable impact from changes in foreign exchange rates through the quarter excluded, net sales increased 15% year over year. Operating income was $23.85 billion versus $18.41 billion in the year-before period.<\/p>\n

North America segment sales advanced in the quarter, up 12% year-over-year to $104.14 billion, Amazon indicated, with operating income coming in at $8.27 billion, up from $5.84 billion in the year-earlier period.<\/p>\n

The company stated that, across the operation, it had added more than 600 new brands to its retail assortment.\u00a0<\/p>\n

Amazon\u2019s second-quarter outlook is for sales between $194 billion and $199 billion and operating income between $20 billion and $24 billion.<\/p>\n

In a conference call, Andy Jassy<\/a>, Amazon president and CEO, said that, in product terms, unit sales grew 15% year-over-year, the highest rate since the end of the COVID-19 pandemic lockdowns.<\/p>\n

He added, \u201cIn Q1, the average prices of products offered on Amazon.com decreased compared to the same period last year. Prime Day will take place in most countries in June, which will bring Prime members even more savings across every category.\u201d<\/p>\n

In addition, Jassy said\u00a0Amazon\u2019s AI agent Rufus<\/a> can now research products, track prices and auto-buy items they find on the website when they reach a set price.\u00a0Monthly active Rufus users are up more than 115% and engagement is up over 400% year-over-year, he asserted.<\/p>\n

Yet, Jassy noted that getting agentic commerce up to speed is an ongoing task, both in delivering the best experience for consumers and in moving beyond early adopters, who, he said, are the great majority engaging with the technology at this point.<\/p>\n

\u201cWhat you see with agentic commerce is, it\u2019s a small fraction of what we see with the search engine referrals, but the experience just hasn\u2019t gotten great with these third-party horizontal agents yet,\u201d he said. \u201cThey\u2019re not often able to get the pricing right or the product information right. They don\u2019t have any personalization data or any shopping history. We do want to see that get better with third-party horizontal agents. We\u2019re having conversations with all those folks<\/a> to try and make that better and find something that works for customers and all the companies. It\u2019ll be interesting over time which agents\u2019 customers choose to use.<\/p>\n

\u201cI happen to think that if you\u2019re going to a particular retailer that you like to do business with and you like to shop from, if they have a great agentic shopping assistant, you\u2019re going to often start there because it\u2019s where you\u2019re doing your shopping. They have better product information. They have better information about what other customers like you are buying. You can make all sorts of changes to how your account and your shipping information are working there. You know, that\u2019s what we\u2019re aiming to make Rufus be, is we\u2019re aiming to have it be the best shopping assistant anywhere, and I think we\u2019re on that path.\u201d<\/p>\n

In announcing the financial results, Jassy said, \u201cWe\u2019re making customers\u2019 lives easier<\/a> and better every day across all our businesses, and their response is driving significant growth. AWS is growing 28%, our fastest growth in 15 quarters, on a very large base. Our chips business topped a $20 billion revenue run rate, growing triple digits year-over-year; advertising grew to over $70 billion in TTM [trailing 12-month] revenue; and unit growth in our stores reached 15%. We also hit exciting milestones with delivery speed, more than one billion items same-day or overnight in 2026 and counting, \u2018Project Hail Mary\u2019 nearly $615 million at the box office to date and the second most successful non-sequel, non-franchise opening of recent memory, and Amazon Leo continues to resonate with prospective customers, with Delta Airlines the latest to sign on.\u201d<\/p>\n","protected":false},"excerpt":{"rendered":"Net income was $30.26 billion, or $2.78 per diluted share, versus $17.13 billion, or $1.59 per diluted share,…\n","protected":false},"author":2,"featured_media":23381,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[6],"tags":[179,7493,321,25,15394,1509,16090],"class_list":{"0":"post-23380","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-agentic-ai","8":"tag-agentic-ai","9":"tag-agentic-artificial-intelligence","10":"tag-amazon","11":"tag-artificial-intelligence","12":"tag-jassy","13":"tag-revenue","14":"tag-rufus"},"_links":{"self":[{"href":"https:\/\/www.europesays.com\/ai\/wp-json\/wp\/v2\/posts\/23380","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.europesays.com\/ai\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.europesays.com\/ai\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/ai\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/ai\/wp-json\/wp\/v2\/comments?post=23380"}],"version-history":[{"count":0,"href":"https:\/\/www.europesays.com\/ai\/wp-json\/wp\/v2\/posts\/23380\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/ai\/wp-json\/wp\/v2\/media\/23381"}],"wp:attachment":[{"href":"https:\/\/www.europesays.com\/ai\/wp-json\/wp\/v2\/media?parent=23380"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.europesays.com\/ai\/wp-json\/wp\/v2\/categories?post=23380"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.europesays.com\/ai\/wp-json\/wp\/v2\/tags?post=23380"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}