* In the strictest sense, "is" is a word. It's a verb, one of the most common in the English language.
* But it's also a very short word. Some people might argue that it's so short it doesn't really count as a "real" word.
* And it's often used in a grammatical context. We don't usually say "is" on its own, but rather in a sentence like "The sky is blue."
So, the answer is yes, "is" is a word, but it's a special kind of word.