Reviews the advertising-related items from Amazon’s Q1 2026 earnings report. Amazon Advertising revenue of $17.2 billion, a 22% year-over-year increase from $13.9 billion in Q1 2025. Add the trailing four quarters and you get roughly $72 billion in annual advertising revenue.
This document covers:
EXECUTIVE SUMMARY
OVERVIEW
- Revenue
- Revenue by Product
- Revenue by Geography
- Netflix and OpenAI partnerships
- Looking Ahead, SWOT
- About Amazon
Companies covered: Amazon, Anthropic, Google, Instacart, Meta, Netflix, OpenAI, Target, Vizio, Walmart.