Innerworld@lemmy.world to Business@lemmy.worldEnglish · 3 months agoAmazon Q1 FY26 Income Statementsubstackcdn.comimagemessage-square3linkfedilinkarrow-up18arrow-down10
arrow-up18arrow-down1imageAmazon Q1 FY26 Income Statementsubstackcdn.comInnerworld@lemmy.world to Business@lemmy.worldEnglish · 3 months agomessage-square3linkfedilink
minus-squarebonenode@piefed.sociallinkfedilinkEnglisharrow-up8·3 months agoWhats “other” profits here? Kind of weird that this is where most their profits come from and there is no connection to anything they do.
minus-squarePenguinInLaw@sh.itjust.workslinkfedilinkEnglisharrow-up3·3 months ago”* * First quarter 2026 net income includes pre-tax gains of $16.8 billion included in non-operating income from our investments in Anthropic.” Seems like they revalued their investment based on later funding rounds.
minus-squaremassacre@lemmy.worldlinkfedilinkEnglisharrow-up1·3 months agoFirst thing I noticed. It’s carrying a lot of weight…
Whats “other” profits here? Kind of weird that this is where most their profits come from and there is no connection to anything they do.
”* * First quarter 2026 net income includes pre-tax gains of $16.8 billion included in non-operating income from our investments in Anthropic.”
Seems like they revalued their investment based on later funding rounds.
First thing I noticed. It’s carrying a lot of weight…