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Andrew Jassy

President, Chief Executive Officer & Director, Amazon

Search every verified Andrew Jassy interview, podcast appearance, and on-the-record quote — each transcript cross-checked by AI and human review to confirm speaker identity. Andrew Jassy, President and CEO of Amazon, discussed the company's Q2 FY26 financial results on July 30, 2026. He reported revenue of $200.6 billion, up 20% year-over-year, and operating income of $27.5 billion, up 43%. Jassy stated that Amazon plans to spend approximately $220 billion in cash capital expenditures in 2026, an increase from a prior estimate of $200 billion, citing higher memory costs and strong demand for AI and AWS services. He said that even at this level of spending, the company would not have enough capacity to meet all demand in 2026 and expected this dynamic to continue into 2027. Jassy also said he believes AWS could become a trillion-dollar annual revenue business over time, and noted an AWS backlog of $496 billion. He mentioned that Amazon received approximately $600 million in tariff-related refunds in Q2, and that the company had largely absorbed tariff cost increases rather than passing them on to customers. During a June 2026 visit to India, Jassy announced an increase in Amazon's investment commitment in the country from $35 billion to $48 billion for the period 2026–2030, with the additional $13 billion directed toward cloud and AI infrastructure. He said India is becoming a significant global cloud and AI hub and praised Prime Minister Narendra Modi's vision for the country's development. Jassy also discussed Amazon's expansion of quick commerce, noting that same-day perishables are now offered in 2,300 U.S. cities and that monthly active perishable customers have increased 50% since the start of the year. In interviews, he described AI as "the most transformative technology of our lifetime," stating that it will change every customer experience and job, with some existing roles being automated while new jobs are created. He cited examples of agentic coding tools enabling small teams to complete large projects in significantly less time.

Recent appearances

  • Amazon Q2 FY26 Earnings Call | Full Recording | AMZN

    Full Amazon (AMZN) Q2 FY26 earnings call — complete recording with CEO/CFO commentary and analyst Q&A. 📈 Growth: Revenue reached $200.6 billion, up 20% year-over-year, while operating income grew 43% to $27.5 billion. ⚠️ Risks: Management cited risks including foreign exchange fluctuations, energy prices, memory chip supply volatility, and potential recessionary fears. 🎯 Outlook: AWS backlog stands at $496 billion, and the company plans heavy capital expenditures over the next few years. Stock: AMZN | Sector: Consumer Discretionary · E-Commerce Amazon stock news | Amazon stock latest news…

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  • Amazon.com Q2 2026 Earnings Call | AWS Cloud Acceleration & Ad Growth Propel Operating Income

    Amazon.com Q2 2026 Earnings Conference Call. Twitter - https://x.com/i101yt If you find our work useful, please support us by purchasing a Super Thanks— it truly helps us a lot. #earningscall #StockMarketNews #conferenceCall Earnings Call | Earnings Conference Call | Earnings concall | concall | quarterly results | Stock News | Full Year results | Fiscal Year results | investment news | stock latest news | Annual Meeting of Shareholders | Annual Meeting of Unitholders | Special and Annual Meeting of Shareholders | AGM | Annual General Meeting If you want us to remove your company's earni…

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  • Live: Amazon Q2 2026 Earnings Call

    Thank you for standing by Good day everyone and welcome to the amazon.com quarter2 2026 financial results teleconference At ...

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  • AI Will Replace Some Jobs, But Create New Ones Too, Says Amazon CEO Andy Jassy | Exclusive

    As concerns mount globally over the impact of artificial intelligence on employment, Amazon CEO Andy Jassy has acknowledged that AI will replace some existing jobs but argued that it will also create new roles and opportunities that do not yet exist. Speaking to CNBC-TV18 during his visit to India, Jassy said AI is likely to transform virtually every profession over the next decade, changing the nature of work rather than simply eliminating it. According to him, some tasks currently performed by humans will increasingly be automated through AI systems, particularly in areas such as software…

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  • Why Amazon Raised India's Investment to $48 Bn, Targets 3.8 Mn Jobs | CEO Andy Jassy Explains

    Amazon has announced a major expansion of its India plans, increasing its investment commitment to $48 billion between 2026 and 2030. Speaking at the event, Amazon President and CEO Andy Jassy praised Prime Minister Narendra Modi's vision for India's development, calling it "remarkable." Jassy said India is emerging as a global cloud and AI hub, with strong demand driving Amazon's expansion. The company also aims to increase the number of direct and indirect jobs it supports in India from 2.8 million in 2024 to 3.8 million by 2030. #Amazon #India #AndyJassy #PMModi #AI #CloudComputing #Invest…

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  • Amazon Doubles Down On India: CEO Andy Jassy Announces $48 Billion Investment | CNBC TV18

    Amazon CEO Andy Jassy is in India, his first visit as CEO. Jassy met PM Modi and announced Amazon’s $48 billion investment plan for India through 2030. In an exclusive conversation with Shereen Bhan, Jassy said, "India is leading the world in innovation." Blown away by India’s Quick Commerce rise, Amazon is now doubling down on its own plans for it’s quick service Amazon Now! Jassy tells Shereen, of the $30 billion announced last year, an incremental $13 billion investment has been announced today, and will go towards bolstering AWS operations in India, signalling India’s growing importance…

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  • Amazon Q1 FY26 Earnings Call | $AMZN | 🔴WATCH LIVE

    📢 Amazon Q1 FY26 Earnings Call | $AMZN 🔗https://www.benzinga.com/quote/AMZN/e... 📜 Need a transcript of the call? Access the Benzinga Earnings Call Transcripts API: 🔗 https://bit.ly/493BUhA 💰 STOP READING ABOUT PROFITS – START MAKING THEM! Get financial research that tells you what to buy, when to buy, and why with Benzinga Edge: 🔗 https://bit.ly/4rORAfZ 💥Try Benzinga Pro FREE with a 14 day trial: https://www.benzinga.com/pro/register 🌐 Find more market-moving insights at https://www.benzinga.com — your one-stop destination for the latest financial news, data, and expert analysis to stay…

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  • LIVE: Amazon Q1 2026 Earnings Call

    ... hello and welcome to our Q1 2026 financial results conference call joining us today to answer your questions is Andy Jasse our ...

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  • Amazon CEO addresses reports of AI-integrated phone plans

    Amazon CEO Andy Jassy and Delta Airlines CEO Ed Bastian discuss consumer sentiment, Amazon’s chip manufacturing efforts and more on ‘The Claman Countdown.’ #fox #media #breakingnews #us #usa #new #news #breaking #foxbusiness #theclamancountdown #amazon #economy #consumer #spending #business #technology #ai #artificialintelligence #innovation #retail #finance #market #ceo #andyjassy #edbastian #chips #manufacturing #technews Subscribe to Fox Business: https://bit.ly/2D9Cdse Watch more Fox Business Video: https://video.foxbusiness.com Watch Fox Business Network Live: http://www.foxnewsgo.com/…

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  • NEW: Delta, Amazon partner to boost in-flight Wi-Fi

    Amazon CEO Andy Jassy and Delta Airlines CEO Ed Bastian explain their new partnership to speed up onboard Wi-Fi services using low-earth orbit satellites on ‘The Claman Countdown.’ #fox #media #breakingnews #us #usa #new #news #breaking #foxbusiness #theclamancountdown #amazon #economy #consumer #spending #business #technology #ai #artificialintelligence #innovation #retail #market #finance #ceo #andyjassy #edbastian #chips #manufacturing #technews Subscribe to Fox Business: https://bit.ly/2D9Cdse Watch more Fox Business Video: https://video.foxbusiness.com Watch Fox Business Network Live: h…

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  • Squawk Pod: OpenAI CEO Sam Altman & Amazon CEO Andy Jassy 02/27/26 |Audio Only

    OpenAI has closed a staggering $110 billion funding round, more than doubling its record-setting raise from just a year ago. OpenAI CEO Sam Altman joins alongside Amazon CEO Andy Jassy to discuss the massive new capital infusion, the details behind OpenAI and Amazon’s $50 billion strategic partnership, and what comes next for agentic AI. Then, IBM vice chairman and former Trump NEC director Gary Cohn reacts to news that Block is cutting 40% of its workforce, citing AI efficiencies. Cohn discusses what those cuts signal about the future of work, the broader economy, and the market’s AI-fueled m…

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  • Amazon CEO on leadership, innovation and customer obsession

    In a company as massive as Amazon, fostering a culture of speed and innovation is a difficult task. But CEO Andy Jassy says the secret is being customer obsessed to the point of writing press releases before any coding begins. In this episode, hear how he drives this culture, where he sees AI going next, and his advice for recent graduates. Key takeaways include: • How Amazon has built a customer-obsessed culture • Why AI is the most transformative technology of our time • The future of drones, robotics and global connectivity • Practical career advice for graduates #CapGroupGlobal Li…

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Verified interview transcripts

Notable quotes

“I think AI is the most transformative technology in our lifetime and um it'll it'll change every customer experience we know, but it'll also change every job we all do. I mean, I think the way the humans do their jobs will be very different um every year for the coming, you know, next 5 to 10 years. And I think it'll mean that you'll have fewer humans doing some of the jobs we've had humans doing for a while and you'”

“We're in a time of some of largest inflections in history of our lifetime, if you're able and willing to spend capital on some of these customer experiences, you have an opportunity to not only change what is possible for customers, but also build I think really successful businesses. The nature of something like LEO is that it is capital intensive in general up and front, so first couple years, you see that capital ”

“We have a significant investment that we're making. It's in two tranches — the first tranche will be in the next month here, $15 billion, and the second tranche will come when certain milestones are met.”

“I mean, it is now a $132 billion annual run rate for AWS, but back then, we were just consuming a lot of capital and operating income and hoping we could build a business that really mattered for customers.”

“We did a lot of pre-buying in the early part of 2025 to enable us to try and keep prices as low as possible for customers, and a lot of our third party sellers did a lot of forward staging in our fulfillment network for the same reasons. That supply has run out in the fall, and you start to see some of the tariffs creep into the prices of some of the items.”

“There has been so much regulation over the last couple years, particularly outside the US; some of that I understand, but some of it is pretty constraining and maybe not great for customers in those geographies. We're trying to have conversations about how to accomplish what governments want to accomplish but also make it easy for their companies and consumers to have the experiences they get elsewhere.”

Other executives at Amazon

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