Amazon Business Hits $60B Annualized Sales, Serving 11M Orgs
AMZN sits 26% above its 52-week low of $196 on light trading volume (0.1× avg).
Summary
Amazon Business crossed $60 billion in annualized gross sales in Q2, a milestone that underscores the unit's rapid expansion beyond AWS and retail. The platform now serves over 11 million organizations, including 97 of the Fortune 100, and added 1.8 million new customers in the first half of 2026. Selection grew nearly 30% globally, with discounts saving customers over $1 billion last year. This follows a string of positive AWS and capital expenditure news, reinforcing Amazon's diversified growth engines. The scale and growth rate suggest Amazon Business is becoming a material contributor to overall revenue, though exact profitability remains undisclosed.
At the time of this announcement, AMZN was trading at $247.27 on NASDAQ in the Trade & Services sector, with a market capitalization of approximately $2.7T. The 52-week trading range was $196.00 to $278.56. This news item was assessed with positive market sentiment and an importance score of 7 out of 10. Source: dpa-AFX.