05:41 AM EDT, 08/01/2025 (MT Newswires) -- (Updates with the stock price movement in the headline and the last paragraph.)

Amazon.com ( AMZN ) reported Q2 net income late Thursday of $1.68 per diluted share, up from $1.26 a year earlier.

Analysts polled by FactSet expected $1.33.

Revenue for the quarter ended June 30 was $167.70 billion, up from $147.98 billion a year earlier.

Analysts expected $162.19 billion.

For Q3, the company expects operating income of between $15.5 billion and $20.5 billion on revenue of $174 billion to $179.5 billion.

Analysts are looking for revenue of $173.3 billion.

Amazon ( AMZN ) shares were down 7.7% in recent premarket activity Friday.