AWS growth hits 39%, its fastest in nearly five years, as Amazon misses on earnings

AWS now brings in revenue at a $184 billion annual pace, and it’s closing in on Amazon’s third-party seller business as the company’s second-largest source of sales. (GeekWire File Photo / Todd Bishop) Amazon Web Services revenue grew 39% to $46 billion in the third quarter , its fastest pace in nearly five years, and Amazon CEO Andy Jassy said he expects the cloud unit to top 40% growth in both 2027 and 2028. That wasn’t enough for investors.