Amazon reported unexpectedly strong sales and profit across both its consumer and its cloud businesses on October 30, in part because the company’s cloud services business grew at its fastest pace since 2022.

Sales at the retail and tech services giant totaled $180.2 billion from July through September 2025, up 13% from a year earlier. Profit was $21.2 billion, up 38%. The New York Times said the overall results were buoyed by the enduring strength of consumer spending online, despite tariffs and an uneven economy, and by a resurgence in cloud computing.

“We continue to see strong momentum and growth across Amazon as A.I. drives meaningful improvements in every corner of our business,” said CEO Andy Jassy, in a statement. The strong quarter, which beat analysts’ expectations, sent Amazon’s stock up more than 10% in after-hours trading.

The Times said Amazon had previously warned investors to brace for an uncertain quarter, particularly regarding how much its costs might rise.

On October 28, Amazon confirmed plans to lay off 14,000 corporate workers, as part of a wave of cuts expected to hit tens of thousands of jobs in order to reverse a pandemic hiring spree.

The company’s Q3 report stated it had 1.58 million employees, up slightly from a year earlier.