this post was submitted on 02 May 2026
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Amazon Q1 FY26 Income Statement (substackcdn.com)
submitted 3 months ago by Innerworld@lemmy.world to c/business@lemmy.world
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[–] bonenode@piefed.social 6 points 3 months ago (2 children)

Whats "other" profits here? Kind of weird that this is where most their profits come from and there is no connection to anything they do.

[–] PenguinInLaw@sh.itjust.works 2 points 3 months ago

”* * First quarter 2026 net income includes pre-tax gains of $16.8 billion included in non-operating income from our investments in Anthropic.”

Seems like they revalued their investment based on later funding rounds.

[–] massacre@lemmy.world 1 points 3 months ago

First thing I noticed. It's carrying a lot of weight...