Amazon raised its 2026 cash capex guidance to approximately $220 billion during its second-quarter 2026 earnings release, up from the prior $200 billion target, driven mainly by elevated memory costs and sustained AI infrastructure demand. AWS revenue accelerated to 36.7% year-over-year growth with a $496 billion backlog, while management noted that even this elevated spend would leave capacity short of committed demand through 2027. The surge pushed trailing twelve-month free cash flow negative at $7.6 billion, with property and equipment purchases rising sharply year-over-year, though operating income expanded 43% to $27.5 billion. Traders are pricing the market around these confirmed guidance levels and upcoming quarterly updates, where further revisions or demand signals could shift implied probabilities.
Experimental AI-generated summary referencing Polymarket data. This is not trading advice and plays no role in how this market resolves. · Updated$19,819 Vol.
$170 billion
89%
$180 billion
96%
$190 billion
94%
$200 billion
86%
$210 billion
74%
$220 billion
65%
$19,819 Vol.
$170 billion
89%
$180 billion
96%
$190 billion
94%
$200 billion
86%
$210 billion
74%
$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 2026 cash capex guidance to approximately $220 billion during its second-quarter 2026 earnings release, up from the prior $200 billion target, driven mainly by elevated memory costs and sustained AI infrastructure demand. AWS revenue accelerated to 36.7% year-over-year growth with a $496 billion backlog, while management noted that even this elevated spend would leave capacity short of committed demand through 2027. The surge pushed trailing twelve-month free cash flow negative at $7.6 billion, with property and equipment purchases rising sharply year-over-year, though operating income expanded 43% to $27.5 billion. Traders are pricing the market around these confirmed guidance levels and upcoming quarterly updates, where further revisions or demand signals could shift implied probabilities.
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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