Amazon TTM Free Cash Flow Swung to an Outflow of $42.4B

Amazon reported Q3 2026 net sales of $201.9B (+12%) and diluted EPS of $1.89, against a Bloomberg consensus of about $1.97. Trailing-twelve-month free cash flow was an outflow of $42.4B, versus an inflow of $14.8B a year earlier, driven primarily by a $94.8B year-on-year rise in PP&E purchases, mainly AI. AWS sales rose 39% to $46.0B, its fastest growth in nearly five years. Shares were down about 6.5–9% after hours.