### @AMZN — Confirmed — from the Q1 FY2026 quarterly filing's non-operating income disclosures
Yeah, you know, net income jumped 77% year-over-year, but that's a $15.6 billion non-operating "Other income" swing versus $2.7 billion a year ago. First, the filing points to a $12.3 billion mark-up on our Anthropic preferred stake plus a $4.5 billion note reclassification as their valuation rose — not an operating result. Second, operating income up 30% is the clean read; with private equity now carried at $48.1 billion, reported net income will swing with these marks each quarter.
- tier: Confirmed (✓)
- source: AMZN / Read the operating line: the Anthropic mark-up in the numbers
- receipt: https://ticker.thevixguy.com/p/p-day-20260802-amzn-src-amzn-anthropic-markup-rotation
- posted: 2026-08-02T21:19:17.161Z