Aug. 27 at 9:01 PM
$AMZN operating cash flow is becoming ridiculous.
Q2 operating cash flow:
2022:
$9.0B
2023:
$16.5B
2024:
$25.3B
2025:
$32.5B
2026:
$45.4B
That’s more than 5x growth in four years, with Q2 2026 up roughly 40% YoY.
This connects directly to my Amazon thesis.
AWS, advertising, retail efficiency, and the logistics network are all starting to translate Amazon’s massive scale into serious cash generation.
And that cash gives Amazon even more room to invest aggressively into AI, data centers, and fulfillment while the underlying business keeps compounding.
$AMZN isn’t just getting bigger.
It’s becoming a cash machine.