AWS Revenue to Nearly Triple by 2028 — Morgan Stanley $373.6B · 2026E +38% YoY
Published · Updated · By Investus editorial desk (SUNRYU Partners)
Morgan Stanley projects AWS annual revenue to nearly triple from 2025 to 2028: 2024 $107.6B (+19%), 2025 $128.7B (+20%), 2026E $178.3B (+38%), 2027E $262.3B (+47%), 2028E $373.6B (+42%). Source: Morgan Stanley Research, Amazon note, Oct. 18, 2026.
A full English translation of this report is in progress. The analysis below reflects the original Korean research. Read the Korean original →
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This article is editorial research for informational purposes only. It is not investment advice, a recommendation, or a solicitation to buy or sell any security, and does not guarantee any return. Markets carry risk of loss. Verify figures against the primary sources before making decisions.