Amazon guided to roughly $200 billion in 2026 capital expenditures during its February 2026 earnings release, a more than 50% increase from the $132 billion spent in 2025 and well above prior consensus estimates near $146 billion. The bulk targets AWS AI infrastructure including data centers, custom Trainium chips, and supporting power and networking capacity amid surging demand for large language model training and inference. Analysts estimate 70-80% of the total is AI-related, aligning with peers Microsoft, Google, and Meta in a broader hyperscaler spending surge. Q1 2026 results showed $43 billion already deployed with no downward revision to the full-year plan, while customer commitments such as large AI deals provide revenue visibility starting in 2027. The next key catalyst is Q2 earnings, where any updated commentary on spend pace or returns could influence near-term positioning.
Experimental AI-generated summary referencing Polymarket data. This is not trading advice and plays no role in how this market resolves. · Updated$170 billion
94%
$180 billion
87%
$190 billion
85%
$200 billion
83%
$210 billion
76%
$220 billion
19%
$7,844 Vol.
$170 billion
94%
$180 billion
87%
$190 billion
85%
$200 billion
83%
$210 billion
76%
$220 billion
19%
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 guided to roughly $200 billion in 2026 capital expenditures during its February 2026 earnings release, a more than 50% increase from the $132 billion spent in 2025 and well above prior consensus estimates near $146 billion. The bulk targets AWS AI infrastructure including data centers, custom Trainium chips, and supporting power and networking capacity amid surging demand for large language model training and inference. Analysts estimate 70-80% of the total is AI-related, aligning with peers Microsoft, Google, and Meta in a broader hyperscaler spending surge. Q1 2026 results showed $43 billion already deployed with no downward revision to the full-year plan, while customer commitments such as large AI deals provide revenue visibility starting in 2027. The next key catalyst is Q2 earnings, where any updated commentary on spend pace or returns could influence near-term positioning.
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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