Latest SEC filings, explained by AI. The story behind the numbers.

Lower YTD catastrophe losses and larger reserve releases drove earnings growth as Personal Insurance contracted and underlying underwriting margins softened.

• Total investment income—
• Net income$1.9BYoY +1.5%

AI-readiness programs and Managed Services offset cautious discretionary consulting demand; lower restructuring costs drove most margin gains.

• Revenue$74.2BYoY +6.5%
• Net income$8.4BYoY +9.0%

Consulting growth cushions softer insurance pricing; expanded Thrive restructuring raises both savings targets and costs.

• Revenue$6.9BYoY +8.1%
• Net income$808.0MYoY +8.2%

AI-driven DRAM and NAND scarcity fueled pricing gains; management is expanding HBM capacity and securing multi-year take-or-pay deals.

• Revenue$133.2BYoY +256.3%
• Net income$85.0BYoY +895.1%

Pricing and international growth offset North American beverage volume declines and weaker Foods North America profitability.

• Revenue$25.3BYoY +5.6%
• Net income$3.0BYoY +17.1%

Polaris Forge 1 begins generating rent, but tenant fit-outs and GPU resale inflate revenue growth as financing costs deepen losses.

• Revenue$341.9MYoY +322.4%
• Net income−$235.5MYoY −1291.6%

Cross-selling and pricing fuel growth as First Aid and Safety outpaces uniforms; productivity lifts margins despite UniFirst deal costs.

• Revenue$3.0BYoY +10.9%
• Net income$551.7MYoY +12.3%

Membership growth and Executive upgrades lift recurring fees as management accelerates warehouse expansion.

• Revenue$303.2BYoY +10.1%
• Net income$9.2BYoY +13.9%

Shift toward wholesale and full-price digital requires inventory clearance; logistics savings cushion earnings as Greater China and Converse weaken.

• Revenue$11.2BYoY −4.3%
• Net income$712.0MYoY −2.1%

Recovering U.S. egg supply crushed conventional-egg pricing; profitable specialty eggs and prepared foods could not offset losses.

• Revenue$539.6MYoY −41.5%
• Net income−$58.6Mvs $199.3M year ago

Lower U.S. auction volumes and lost hurricane revenue outweigh pricing gains; pending ACV deal targets wholesale expansion.

• Revenue$4.7BYoY +0.4%
• Net income$1.5BYoY −4.4%

Semrush broadens AI marketing workflows, while rising AI computing and selling costs squeeze margins.

• Revenue$6.8BYoY +12.9%
• Net income$1.8BYoY +3.1%

Data-center expansion outspent operating cash flow despite customer prepayments, prompting an equity raise and dilution.

• Revenue$19.3BYoY +29.6%
• Net income$4.8BYoY +62.6%

CyberArk and Chronosphere acquisitions accelerated growth and broadened the security platform, but their operating losses squeezed profitability.

• Revenue$11.5BYoY +24.5%
• Net income$307.0MYoY −72.9%

Custom AI accelerators and networking power growth; AI deployment financing adds credit exposure

• Revenue$29.6BYoY +85.5%
• Net income$13.1BYoY +216.1%

QuickBooks pricing and product mix drove more growth than customer gains, while Credit Karma helped offset declining TurboTax federal units.

• Revenue$21.4BYoY +13.9%
• Net income$4.6BYoY +18.0%

Trading-card growth and store cuts lifted retail profit despite falling sales; the eBay stake concentrated capital in the proposed acquisition target.

• Revenue$790.2MYoY −18.7%
• Net income$298.7MYoY +77.2%

AI-optimized servers and pricing discipline powered profit growth, but inventory and customer financing absorbed cash, leaving H1 FCF broadly flat.

• Revenue$47.0BYoY +57.7%
• Net income$4.1BYoY +255.1%

Deeper customer consumption of Snowflake’s data platform narrowed operating losses, while AI infrastructure costs pressured product margins.

• Revenue$1.5BYoY +35.1%
• Net income−$191.7MYoY +35.7%

PulseSelect and Affera/Sphere-9 underpin electrophysiology growth; an extra fiscal week substantially boosted reported sales gains.

• Revenue$9.8BYoY +13.7%
• Net income$1.5BYoY +41.3%

Juniper shifts the mix toward networking and lifts margins; Cloud & AI demand and higher server prices drive growth.

• Revenue$12.2BYoY +33.7%
• Net income—

Hyperscaler AI demand and Silicon One drove networking growth; subscriptions lagged as inventory and supply commitments surged.

• Revenue$63.3BYoY +11.8%
• Net income$13.3BYoY +30.3%

AI data centers and high-speed networking accelerate testing demand; orders outpace sales as Spirent broadens network-testing capabilities.

• Revenue$1.8BYoY +36.5%
• Net income$397.0MYoY +107.9%

Tariff recoveries amplify earnings growth as traffic-led demand drives faster Ross and dd’s DISCOUNTS store expansion.

• Revenue$6.3BYoY +13.3%
• Net income$851.3MYoY +67.6%

GB200/GB300 racks drove AI growth, but inventory and receivables absorbed cash, requiring debt and equity financing.

• Revenue$39.1BYoY +77.8%
• Net income$2.2BYoY +112.7%

Store-fulfilled eCommerce and membership drove growth; tariff refunds boosted margins as price investment continued.

• Revenue$187.9BYoY +5.9%
• Net income$6.4BYoY −9.4%

AI data-center demand lifted margins; Celestial AI and XConn broaden connectivity bets while acquisition valuation losses weigh on H1 earnings.

• Revenue$2.7BYoY +36.5%
• Net income$308.0MYoY +58.1%

Tariff refunds drove most of the profit surge, while returning traffic and Roundel advertising growth supported the sales recovery.

• Revenue$26.5BYoY +5.3%
• Net income$1.9BYoY +100.7%

Tariff refunds amplified earnings growth; HomeGoods led sales gains while Marmaxx transactions fell.

• Revenue$15.2BYoY +5.4%
• Net income$1.5BYoY +22.3%

Foundation Building Materials and Artisan Design Group acquisitions drove sales growth, but margin dilution and higher interest costs kept GAAP earnings broadly flat.

• Revenue$26.0BYoY +8.3%
• Net income$2.4BYoY 0.0%

Microsoft and NVIDIA contracts anchor the mining-to-AI pivot, while asset write-downs and infrastructure funding drive losses and dilution.

• Revenue$707.0MYoY +41.1%
• Net income−$702.6Mvs $86.9M year ago

Small Agriculture & Turf and Construction & Forestry gains drove recovery, while Production & Precision Agriculture kept contracting.

• Revenue$12.6BYoY +4.9%
• Net income$1.4BYoY +7.0%

Falcon Flex and module expansion drove stronger demand; longer commission amortization helped narrow operating losses.

• Revenue$1.5BYoY +25.8%
• Net income$5.3Mvs −$70.2M year ago

Anthropic gains drive the earnings surge; infrastructure and acquisition costs absorb AI-and-data revenue growth.

• Revenue$11.3BYoY +10.8%
• Net income$3.5BYoY +86.9%

Ansys drives most revenue growth and the shift into engineering simulation; acquisition and financing costs weigh on YTD GAAP earnings.

• Revenue$2.5BYoY +42.4%
• Net income$545.8MYoY +125.1%

Blackwell Ultra shipments drove Data Center growth as supply commitments rose and an Ohio campus guarantee expanded buildout exposure.

• Revenue$96.2BYoY +105.9%
• Net income$59.7BYoY +125.9%

GMS-led pro distribution expansion drives growth, but acquisition dilution and rising expenses limit profit gains.

• Revenue$47.9BYoY +5.7%
• Net income$4.8BYoY +4.7%

Filtration Group's post-year-end purchase and pending CIRCOR Aerospace deal add financing and integration risk after aerospace-led operating gains.

• Revenue$21.5BYoY +8.3%
• Net income$3.6BYoY +3.3%

Leading-edge foundry demand and DRAM transitions fuel Semiconductor Systems growth; pricing, mix and lower manufacturing costs widen margins.

• Revenue$9.1BYoY +24.8%
• Net income$2.5BYoY +42.7%

Industrial and AI data-center demand drove growth; higher manufacturing utilization and better product mix lifted margins.

• Revenue$4.0BYoY +39.6%
• Net income$1.3BYoY +158.4%

Higher NAND pricing drove the upswing; New Business Model contracts aim to improve planning but constrain supply allocation.

• Revenue$20.2BYoY +175.3%
• Net income$11.4Bvs −$1.6B year ago

AI cloud-transceiver demand outstripped supply, prompting manufacturing expansion backed by NVIDIA's investment.

• Revenue$3.0BYoY +83.2%
• Net income−$6.9Bvs $25.9M year ago

Deramiocel manufacturing buildout raises spending before approval as cardiac setbacks threaten launch timing and indication scope.

• Revenue—
• Net income−$40.7MYoY −57.2%

Cloud demand, higher-capacity HDDs and better pricing lifted margins; Sandisk gains inflated reported earnings.

• Revenue$12.9BYoY +35.7%
• Net income$9.4BYoY +398.9%

NVIDIA backs the AI optics capacity ramp, but inventory buildup and capital spending drain cash.

• Revenue$7.1BYoY +22.5%
• Net income$805.0MYoY +1530.7%

FDA feedback supports AP-SA02’s planned Phase 3 trial, but new borrowing has not resolved its funding gap.

• Revenue$2.5MYoY +15.7%
• Net income$74.1Mvs −$16.3M year ago

Taubman consolidation lifted revenue, while acquisition-related depreciation, higher financing costs and investment losses cut earnings.

• Revenue$1.8BYoY +19.5%
• Net income$484.0MYoY −13.1%

Lower medical costs and reserve benefits drove earnings recovery, but UnitedHealthcare enrollment losses also cut Optum Rx prescription volume.

• Revenue$112.0BYoY +0.4%
• Net income$5.5BYoY +61.0%

Bridge and higher management fees boosted fee earnings; a Bermuda tax valuation allowance drove H1 into an Apollo-attributable loss.

• Total investment income—
• Net income$1.4BYoY +116.0%

Investment gains drove the GAAP earnings jump; OxyChem and BNSF lifted operating profit while GEICO claims costs rose.

• Revenue$101.8BYoY +10.0%
• Net income$25.7BYoY +107.5%

Insurance-led credit fundraising lifted recurring fees, but the earnings surge leaned heavily on unrealized carry.

• Revenue—
• Net income$904.0MYoY +45.8%

Advisor Services growth and lower funding costs lifted profitability; deposit outflows and lending growth increased short-term borrowing.

• Net revenue—
• Net income$2.8BYoY +31.7%

Professional-customer demand and higher tickets accelerated growth, but do-it-yourself transactions declined.

• Revenue—
• Net income$715.1MYoY +7.0%

Cidara and Terns acquired-research charges drove a GAAP loss despite growth from Winrevair and Animal Health.

• Revenue$16.6BYoY +5.1%
• Net income−$1.3Bvs $4.4B year ago

Foundry investment and AI spending fueled wafer-processing growth; receivables and deferred-profit shifts dragged on cash flow.

• Revenue$23.2BYoY +26.0%
• Net income$7.3BYoY +35.6%

Private Equity and Real Estate realizations lifted earnings; weaker Credit & Insurance exits outweighed recurring fee growth.

• Revenue$5.0BYoY +35.9%
• Net income$1.2BYoY +60.8%

Restaurant openings and favorable FX offset softer demand; McDonald’s > NEXT targets weak U.S. traffic with menu and digital upgrades.

• Revenue$7.1BYoY +3.7%
• Net income$2.4BYoY +4.8%

Lower-middle-market exits lifted Q2 results, but higher borrowing costs and share issuance cut net investment income per share.

• Total investment income$149.6MYoY +3.9%
• Net income$147.6MYoY +20.4%

Frac 14 and Neches River export expansion lifted NGL margins, while commodity marketing inflated revenue growth.

• Revenue$18.3BYoY +60.8%
• Net income$1.8BYoY +28.2%

Equity sales fund Aurora-INL deployment work as safety-analysis approval and Kiewit’s selection advance construction readiness.

• Revenue$1.2Mvs $0 year ago
• Net income−$48.5MYoY −96.6%

Collection pricing offset weaker volumes and Environmental Solutions demand; renewable-energy tax benefits lifted earnings despite lower pretax profit.

• Revenue$4.4BYoY +4.6%
• Net income$566.1MYoY +2.9%

International expansion powered Monster Energy Drinks growth; higher marketing and distribution spending narrowed operating margin.

• Revenue$2.5BYoY +20.2%
• Net income—

OneStream and Kokusai Electric exits boosted realizations, while rising loan provisions and policyholder outflows pressured Global Atlantic.

• Total investment income—
• Net income$700.5MYoY +37.3%

Grasberg volume losses weakened operations; higher metal prices and a smaller minority profit share lifted shareholder earnings.

• Revenue$7.0BYoY −7.3%
• Net income$984.0MYoY +27.5%

Services deposit growth, Markets financing and underwriting drove stronger earnings; payouts and asset growth narrowed the capital cushion.

• Net revenue$24.8BYoY +14.3%
• Net income$5.8BYoY +45.1%

Broader observability and security adoption fuels expansion; the largest customer’s Q3 usage reduction threatens growth.

• Revenue$1.1BYoY +35.6%
• Net income$44.6MYoY +1583.3%

Sunoco fuel-distribution acquisitions swelled revenue, while stronger pipeline and export margins drove operating growth.

• Revenue$34.3BYoY +78.4%
• Net income$2.1BYoY +79.5%

AI-driven investment in leading-edge chips and advanced packaging expands backlog, while receivables and inventory hold back cash growth.

• Revenue$13.6BYoY +11.7%
• Net income$4.8BYoY +18.9%

Aerospace engines, spares, gas turbines and pricing lifted margins; fastener acquisitions raised debt.

• Revenue$2.5BYoY +24.1%
• Net income$534.0MYoY +31.2%

Agentic AI-first reset targets ≈20% workforce cuts as enterprise expansion strengthens; infrastructure costs squeeze gross margin.

• Revenue$696.1MYoY +35.9%
• Net income−$170.0MYoY −237.0%

Visa-share and other equity gains amplified reported earnings; stronger client activity lifted Markets and investment-banking fees.

• Net revenue$57.3BYoY +27.7%
• Net income$21.2BYoY +41.2%

BTIG and stronger capital-markets activity drove institutional banking growth, while consumer and payments earnings fell.

• Net revenue$7.7BYoY +10.2%
• Net income$2.2BYoY +19.9%

Acquisition charges and the EVOKE-03 failure overwhelmed growth in Biktarvy and Descovy, driving a GAAP loss.

• Revenue$7.8BYoY +10.2%
• Net income−$10.5Bvs $2.0B year ago

International expansion fueled booking growth; reserve now, pay later increased cancellations and delayed collections.

• Revenue$3.6BYoY +16.5%
• Net income$816.0MYoY +27.1%

Rising customer trades lifted commissions; larger balances and securities lending offset lower yields as automation widened pretax margins.

• Net revenue$1.9BYoY +28.1%
• Net income$312.0MYoY +39.3%

Electronics and North American Welding drove growth; productivity lifted margins despite higher employee costs and unfavorable price/cost.

• Revenue$4.3BYoY +6.1%
• Net income$815.0MYoY +7.9%

Calpine added generation and retail scale, but higher costs, acquisition charges and hedge volatility squeezed Q2 profitability.

• Revenue$7.5BYoY +23.0%
• Net income$513.0MYoY −38.9%

Hess-expanded production, strong commodity prices and refining margins drove the earnings surge, aided by favorable timing.

• Revenue$67.2BYoY +51.4%
• Net income$12.1BYoY +384.8%

ETF inflows and market appreciation lift fees, while HPS private credit and Preqin data broaden revenue sources.

• Revenue$7.1BYoY +30.6%
• Net income$1.9BYoY +20.2%

Paramount Skydance sale faces antitrust litigation as HBO Max gains fail to offset linear erosion and a weaker Studios slate.

• Revenue$8.7BYoY −11.2%
• Net income$149.0MYoY −90.6%

CoolIT acquisition adds data-center liquid cooling, while higher capex and acquisition financing increase cash demands.

• Revenue$4.4BYoY +9.7%
• Net income$534.9MYoY +2.0%

Higher oil realizations drove the earnings surge despite falling production and negative Lower 48 gas prices.

• Revenue$19.2BYoY +36.8%
• Net income$3.9BYoY +99.4%

Unity Vector fueled Unity Ads Network growth and narrower Q2 losses; exit-related impairments deepened H1 losses.

• Revenue$546.5MYoY +23.9%
• Net income−$23.6MYoY +78.3%

Brazil’s lower free-shipping threshold and rising credit provisions squeeze margins as commerce and lending expand.

• Revenue$10.2BYoY +49.8%
• Net income$466.0MYoY −10.9%

Medical-Surgical and Core Ventures redemption-value adjustments outweighed operating gains, reducing earnings for shareholders.

• Revenue$105.4BYoY +7.7%
• Net income$614.0MYoY −21.7%

Stronger monetization drove AppLovin Ads growth despite fewer installations after the Apps Business sale.

• Revenue$1.9BYoY +52.8%
• Net income$1.3BYoY +54.5%

Riverpoint Medical acquisition expands minimally invasive surgical consumables exposure but sharply raises debt and integration risk.

• Revenue$265.8MYoY +10.3%
• Net income$12.5MYoY +178.9%

Acquisitions and FX drove nearly all H1 revenue growth; Silvus earnout charges and higher interest reduced net earnings.

• Revenue$3.1BYoY +13.3%
• Net income$557.0MYoY +8.6%

Stronger refining margins and higher renewable-fuel credit values drove the earnings rebound; WRB consolidation amplified revenue growth.

• Revenue$51.0BYoY +53.1%
• Net income$3.8BYoY +338.7%

XACDURO and GIAPREZA growth outweighed declining GSK royalties; investment valuation losses swung GAAP earnings to a loss.

• Revenue$119.6MYoY +19.3%
• Net income−$83.4Mvs $63.7M year ago

CST and BSB goodwill impairments overwhelmed stronger gross profit; the Q3 segment reorganization prompts another impairment review.

• Revenue$838.5MYoY +5.2%
• Net income−$52.0Mvs $7.6M year ago

Deliveroo expands international reach, but acquisition amortization and platform spending keep better delivery economics from lifting GAAP earnings.

• Revenue$4.5BYoY +35.6%
• Net income$200.0MYoY −29.8%

HomeXpress Non-QM production grew as Chimera built a securitization pipeline, but mortgage marks and debt-exit losses pushed H1 into the red.

• Net interest income$70.5MYoY +6.8%
• Net income$17.4MYoY −51.0%

Industrial and Aerospace and Defense demand lifts margins; rising receivables, inventory and capex squeeze cash.

• Revenue$153.8MYoY +10.2%
• Net income—

Completion of RoPower engineering work left revenue near zero; a previously expensed ENTRA1 milestone payment drove H1 cash use.

• Revenue$75.0KYoY −99.1%
• Net income−$47.5MYoY −169.5%

Lilly’s Ajax acquisition drove the investment gain behind Q2 profit; management is seeking partners for SGR-1505 and SGR-3515.

• Revenue$58.9MYoY +7.5%
• Net income$6.0Mvs −$43.2M year ago

Delivery Hero bid targets international expansion but adds financing and integration risk as Delivery's profit contribution grows.

• Revenue$14.2BYoY +12.2%
• Net income$2.4BYoY +76.7%

Uranium ramp-up cut unit costs, but acquisition and expansion spending widened Q2 losses ahead of the proposed VAC deal.

• Revenue$25.1MYoY +496.1%
• Net income−$33.4MYoY −53.0%

Pricing and retention lifted Employer Services earnings, while higher insurance and selling costs squeezed PEO profitability.

• Revenue$21.9BYoY +6.7%
• Net income$4.4BYoY +8.2%

AI and server power demand shifted the mix toward enterprise data and communications, lifting profitability through operating leverage.

• Revenue$980.6MYoY +47.6%
• Net income$257.3MYoY +90.6%

Pricing and fuel surcharges lifted revenue despite package declines; Driver Choice separation charges drove GAAP profit lower.

• Revenue$22.8BYoY +7.6%
• Net income$604.0MYoY −52.9%

Digital-only subscriber gains and higher prices lifted subscriptions; expanded audio/video ad inventory boosted advertising, while marketing spending held GAAP margins flat.

• Revenue$762.5MYoY +11.2%
• Net income$93.4MYoY +12.6%

Mounjaro and Zepbound volume, especially abroad, outweighed lower realized prices; acquisition charges tempered earnings growth.

• Revenue$23.0BYoY +47.7%
• Net income$7.1BYoY +25.3%

FirstBank acquisition and loan repricing drive growth; a Visa exchange gain materially boosts earnings.

• Net revenue$6.9BYoY +21.4%
• Net income$2.0BYoY +25.4%

Data center and automation demand drove sales growth; tariff refunds accounted for nearly all operating profit gains

• Revenue$1.6BYoY +4.2%
• Net income$116.6MYoY +47.2%

Data-center power demand and Construction dealer restocking fuel growth; tariff recovery lifts margins ahead of expected Q4 destocking.

• Revenue$20.5BYoY +24.0%
• Net income$3.6BYoY +64.9%

Greater Shopify Payments adoption drove growth; slower expense growth lifted operating margins despite a lower-margin mix.

• Revenue$3.6BYoY +33.7%
• Net income$1.5BYoY +65.8%

Lower medical costs at Aetna led the recovery; client pricing and reimbursement pressure constrained pharmacy earnings growth.

• Total investment income—
• Net income$3.0BYoY +191.8%

Higher parks spending, new cruise capacity and streaming gains lifted profit, while escalating sports-rights costs squeezed Sports margins.

• Revenue$25.2BYoY +6.8%
• Net income$2.6BYoY −49.9%

Repatha, EVENITY and TEZSPIRE gains drove growth as biosimilars eroded Prolia and XGEVA sales.

• Revenue$10.1BYoY +9.5%
• Net income$2.4BYoY +65.9%

AI infrastructure expansion drives switching and routing demand, while large-customer discounts squeeze gross margins.

• Revenue$3.0BYoY +37.7%
• Net income$1.2BYoY +36.5%

EPYC and Instinct MI350 demand drove Data Center growth; AMD is committing resources to support planned MI450 deployments.

• Revenue$11.5BYoY +50.1%
• Net income$2.3BYoY +163.4%

Pacific Premier conversion is complete; Columbia is shifting from brokered deposits and transactional loans to customer-funded relationship lending.

• Net revenue$677.0MYoY +32.5%
• Net income$208.0MYoY +36.8%

Currency gains and lower interest costs drove the GAAP earnings surge as the Middle East conflict slowed room-night growth.

• Revenue$7.4BYoY +8.1%
• Net income—

Higher nearline shipments, pricing and drive capacity lifted margins; investment is rising to scale Mozaic heat-assisted recording.

• Revenue$12.2BYoY +34.1%
• Net income$3.2BYoY +116.7%

Shareholders approved AES’s $15/share cash acquisition; regulatory approvals remain outstanding.

• Revenue$3.4BYoY +19.9%
• Net income$426.0Mvs −$95.0M year ago

Encino’s Utica expansion and higher oil prices drove earnings growth; selected unit costs stayed broadly flat.

• Revenue$8.6BYoY +57.4%
• Net income$2.7BYoY +102.5%

Tariffs and product investment squeezed margins; planned Thorne acquisition broadens the wellness portfolio.

• Revenue$87.0BYoY +3.3%
• Net income$16.0BYoY +0.5%

Committed-capital and co-investment deals underpin lending growth but expose Upstart capital to credit risk as loan funding absorbs cash.

• Revenue$364.7MYoY +41.7%
• Net income$16.5MYoY +195.0%

Azure and Microsoft 365 drove growth, while AI datacenter spending squeezed cloud margins and free cash flow.

• Revenue$331.8BYoY +17.8%
• Net income$133.7BYoY +31.3%

Polaris Forge 1 launch drove AI revenue growth dominated by tenant fit-outs rather than rent; campus construction remains externally funded.

• Revenue$611.3MYoY +167.5%
• Net income−$244.0MYoY −5.6%

Proposed UniFirst deal would expand uniform and safety operations while adding antitrust, integration and leverage risks.

• Revenue$11.3BYoY +8.9%
• Net income$2.0BYoY +10.4%

Echo Lake and Creighton acquisitions made Prepared Foods a third segment as conventional egg prices normalized with flock recovery.

• Revenue$2.9BYoY −31.7%
• Net income$316.7MYoY −74.0%

Higher package yields and structural savings lifted Federal Express margins; Freight weakness and spin-off costs restrained profit growth.

• Revenue$94.7BYoY +7.7%
• Net income$4.4BYoY +8.3%

North American wholesale gains steadied sales as digital, Greater China and Converse weakened; tariff recovery bolstered gross profit.

• Revenue$46.4BYoY +0.2%
• Net income$3.1BYoY −3.4%

Oracle Cloud Infrastructure overtook cloud applications as data-center buildout deepened negative FCF and reliance on external financing.

• Revenue$67.4BYoY +17.3%
• Net income$17.1BYoY +37.3%

Data-center cooling demand drove growth, but expansion costs squeezed margins; the planned Gentherm deal would sharpen the climate-solutions focus.

• Revenue$3.2BYoY +23.1%
• Net income$121.5MYoY −34.0%

Favorable FDA feedback moved AP-SA02 toward Phase 3, but a going-concern warning puts trial financing in focus.

• Revenue$4.9MYoY −5.2%
• Net income−$173.8MYoY −818.8%

Collectibles growth and cost cuts restored operating profit; convertible-funded treasury expansion shifts focus to acquisition discipline.

• Revenue$3.6BYoY −5.1%
• Net income$418.4MYoY +218.7%

Share offerings funded rising Aurora and fuel-development spending; Meta’s Ohio prepayment agreement advanced the project pipeline.

• Revenue—
• Net income−$105.7MYoY −43.5%

Store-fulfilled eCommerce drove U.S. comparable sales, while International delivery spending and a PhonePe charge held back operating profit.

• Revenue$713.2BYoY +4.7%
• Net income$21.9BYoY +12.6%

Proposed $15/share cash acquisition shifts focus to shareholder and regulatory approvals while AES funds its renewable backlog.

• Revenue$12.2BYoY −0.4%
• Net income$910.0MYoY −45.8%

Lower investment gains and Kraft Heinz/Occidental impairments drove the GAAP profit drop; Abel takes charge of capital allocation as OxyChem closes.

• Revenue$371.4BYoY 0.0%
• Net income$67.0BYoY −24.8%

Customer and trading growth on IBKR’s automated platform offset lower interest yields and per-order commissions.

• Net revenue$6.2BYoY +19.7%
• Net income$984.0MYoY +30.3%

Weak BioSpin and NANO demand, tariffs and impairments overwhelmed CALID growth; Bruker is restructuring to restore margins.

• Revenue$3.4BYoY +2.1%
• Net income−$8.6Mvs $113.1M year ago

Lower middle market equity dividends drove growth as falling loan yields and non-accruals eroded interest income.

• Total investment income$566.4MYoY +4.7%
• Net income$493.4MYoY −2.9%

Bundle and multiproduct subscriptions grew as news-only shrank; digital ads and subscriptions outpaced print declines.

• Revenue$2.8BYoY +9.2%
• Net income$344.0MYoY +17.1%

ENTRA1’s non-binding 72-module agreement triggered a $507M expense before any binding NuScale equipment order.

• Revenue$31.5MYoY −15.0%
• Net income−$355.8MYoY −160.4%

Pacific Premier deal expanded Southern California banking; merger costs and share issuance cut EPS ahead of 2026 integration.

• Net revenue$2.3BYoY +19.3%
• Net income$550.0MYoY +3.0%

Paxlovid and Comirnaty declines masked non-COVID growth; the Metsera deal targets obesity as patent losses loom.

• Revenue$62.6BYoY −1.6%
• Net income$7.8BYoY −3.2%

Bioproduction and pharma services drove growth despite weak China and instruments; Solventum filtration and planned Clario deals expand drug-workflow exposure.

• Revenue$44.6BYoY +3.9%
• Net income$6.7BYoY +5.8%

Investment banking and client activity drove Global Banking & Markets growth; the Apple Card exit brought portfolio markdowns and a reserve release.

• Net revenue$58.3BYoY +8.9%
• Net income$17.2BYoY +20.3%

Blackwell systems and networking drove Data Center growth, while system complexity and China export-related inventory costs squeezed margins.

• Revenue$215.9BYoY +65.5%
• Net income$120.1BYoY +64.7%

GIAPREZA and XACDURO lifted product sales, but at-cost Zai Lab supply limited margins; Armata investment gains drove GAAP earnings.

• Revenue$411.3MYoY +14.7%
• Net income$271.2MYoY +1059.2%

Novartis collaboration work and hosted-software sales drove growth, but higher delivery costs squeezed gross margin.

• Revenue$255.9MYoY +23.3%
• Net income−$103.3MYoY +44.8%

China Gardasil inventory overhang blunted Keytruda and Winrevair growth; launches and acquisitions seek replacement revenue.

• Revenue$65.0BYoY +1.3%
• Net income$18.3BYoY +6.6%

UnitedHealthcare’s GeneSight coverage change drove revenue lower despite higher test volume; impairments widened the GAAP loss.

• Revenue$824.5MYoY −1.6%
• Net income−$365.9MYoY −187.4%

Skyrizi and Rinvoq more than offset Humira’s biosimilar losses; acquisition-related charges and a tax-rate reversal kept net earnings flat.

• Revenue$61.2BYoY +8.6%
• Net income$4.2BYoY −1.2%

Axon-led monetization drove growth more than installation gains; the Apps sale sharpened the advertising focus.

• Revenue$5.5BYoY +70.0%
• Net income$3.3BYoY +111.0%

HomeXpress added mortgage origination as Agency MBS holdings grew, increasing leverage and reliance on short-term funding.

• Net interest income$266.4MYoY +0.7%
• Net income$230.5MYoY +30.9%

Weaker commodity prices and chemical oversupply outweighed Permian and Guyana growth; refining cushioned the earnings decline.

• Revenue$332.2BYoY −5.0%
• Net income$28.8BYoY −14.4%

Options and crypto trading drove growth as TradePMR and Bitstamp expanded Robinhood into adviser custody and global crypto services.

• Revenue$4.5BYoY +51.6%
• Net income$1.9BYoY +33.5%

Pricing drove growth despite lower waste volumes; weaker manufacturing and emergency-response demand hit Environmental Solutions.

• Revenue$16.6BYoY +3.5%
• Net income$2.1BYoY +4.7%

Consumer wireless pricing and fixed wireless lifted sales, but postpaid additions slowed; Frontier expands fiber amid heavy debt.

• Revenue$138.2BYoY +2.5%
• Net income$17.2BYoY −1.9%

U.S. commercial growth drove margin expansion; Artificial Intelligence Platform bootcamps and cross-selling target broader adoption.

• Revenue$4.5BYoY +56.2%
• Net income$1.6BYoY +251.6%

Trading and wealth-management gains lifted revenue, but Apple Card reserves and higher expenses weighed on earnings ahead of the portfolio transfer.

• Net revenue$182.4BYoY +2.8%
• Net income$57.0BYoY −2.4%

Delivery advertising helped profitability outpace Mobility’s, while a Netherlands tax benefit inflated GAAP earnings.

• Revenue$52.0BYoY +18.3%
• Net income$10.1BYoY +2.0%

Repatha and TEZSPIRE growth outweighed ENBREL’s price-led decline; Prolia and XGEVA biosimilars threaten faster erosion.

• Revenue$36.8BYoY +10.0%
• Net income$7.7BYoY +88.5%

Market gains lifted AUM despite $56.9B in net outflows; lower-fee mix and restructuring squeezed operating margins.

• Revenue$7.3BYoY +3.1%
• Net income$2.1BYoY −0.6%

USDC services and Deribit derivatives broadened revenue, but higher costs and a shift to lower-fee consumer trades squeezed profits.

• Revenue$7.2BYoY +9.4%
• Net income$1.3BYoY −51.1%

Mounjaro and Zepbound volume drove growth despite lower realized U.S. prices; Lilly is expanding manufacturing capacity.

• Revenue$65.2BYoY +44.7%
• Net income$20.6BYoY +94.9%

DARZALEX and CARVYKTI growth offset STELARA’s biosimilar-driven decline; a talc reserve reversal boosted earnings without lifting operating cash flow.

• Revenue$94.2BYoY +6.0%
• Net income$26.8BYoY +90.6%

Reblozyl, Breyanzi and Camzyos gains offset Revlimid erosion; lower acquisition charges drove the GAAP earnings rebound.

• Revenue$48.2BYoY −0.2%
• Net income$7.1Bvs −$8.9B year ago

Value-added services outgrew the payment network, supported by security and digital offerings; lower litigation provisions helped widen margins.

• Revenue$32.8BYoY +16.4%
• Net income$15.0BYoY +16.3%

Unity Vector migration helped offset IronSource declines, while cost cuts narrowed the operating loss.

• Revenue$1.8BYoY +2.0%
• Net income−$402.8MYoY +39.4%

AI lending conversion gains and narrower valuation losses restored GAAP profit, but retained loans absorbed cash and increased credit exposure.

• Revenue$1.0BYoY +64.0%
• Net income$53.6Mvs −$128.6M year ago

AWS and AI infrastructure spending squeezed free cash flow despite services growth; Anthropic investment gains boosted GAAP earnings.

• Revenue$716.9BYoY +12.4%
• Net income$77.7BYoY +31.1%

Ad impression growth and better monetization drove profitable scale as Reddit’s prior IPO compensation charge rolled off.

• Revenue$2.2BYoY +69.4%
• Net income$529.7Mvs −$484.3M year ago

Energy and financial futures plus data subscriptions drove growth; improving loan activity and Black Knight savings returned Mortgage Technology to GAAP profit.

• Revenue$12.6BYoY +7.5%
• Net income$3.3BYoY +20.4%

Google Cloud accelerated, but heavier AI infrastructure spending kept free cash flow flat despite higher operating cash flow.

• Revenue$402.8BYoY +15.1%
• Net income$132.2BYoY +32.0%

Instinct and EPYC sales grew, but AI spending and MI308 export charges kept Data Center profit nearly flat as Client and Gaming rebounded.

• Revenue$34.6BYoY +34.3%
• Net income$4.3BYoY +164.2%

Less higher-cost Braintree volume eased transaction costs as payment volume outpaced revenue growth; fraud losses rose.

• Revenue$33.2BYoY +4.3%
• Net income$5.2BYoY +26.2%

Da Vinci 5 accelerated placements and rising procedures lifted recurring revenue, while tariffs and new-system costs squeezed gross margins.

• Revenue$10.1BYoY +20.5%
• Net income$2.9BYoY +23.0%

Robotaxi and AI expansion drive a planned capex surge as energy storage gains fail to offset weaker vehicle sales and rising costs.

• Revenue$94.8BYoY −2.9%
• Net income$3.8BYoY −46.5%

AI infrastructure spending squeezed free cash flow despite stronger ads; Reality Labs is pivoting toward AI glasses.

• Revenue$201.0BYoY +22.2%
• Net income$60.5BYoY −3.1%

Proposed Warner Bros. Discovery deal would add HBO and studios while shifting focus to regulatory approval, financing and integration risks.

• Revenue$45.2BYoY +15.9%
• Net income$11.0BYoY +26.1%

Acrobat-led growth supports the AI workflow push; buybacks outpace FCF, reducing liquidity ahead of the Semrush acquisition.

• Revenue$23.8BYoY +10.5%
• Net income$7.1BYoY +28.2%

Portfolio exits and ad competition drag sales as Unity refocuses on its Engine and rebuilds Grow’s ML infrastructure.

• Revenue$1.8BYoY −17.1%
• Net income−$664.1MYoY +19.2%

Mobility and Delivery growth drove operating leverage; a deferred-tax release and investment gains inflated headline earnings.

• Revenue$44.0BYoY +18.0%
• Net income$9.9BYoY +422.3%

Asia-Pacific membership growth and stronger US/Canada monetization drove margin gains, but faster content payments kept cash flow flat.

• Revenue$39.0BYoY +15.6%
• Net income$8.7BYoY +61.1%

Figma termination fee kept operating income broadly flat despite subscription growth; Document Cloud outpaced Creative Cloud.

• Revenue$21.5BYoY +10.8%
• Net income$5.6BYoY +2.4%

Refocus on Unity Engine and monetization exits noncore offerings, sacrificing near-term revenue and gross profit to lower costs.

• Revenue$2.2BYoY +57.2%
• Net income−$822.0MYoY +10.8%

Mobility and Delivery growth turned operating income positive despite Freight contraction; investment gains amplified net profit.

• Revenue$37.3BYoY +17.0%
• Net income$1.9Bvs −$9.1B year ago

Lower content payments fueled the cash-flow surge; streaming membership growth lifted margins despite weaker revenue per member.

• Revenue$33.7BYoY +6.7%
• Net income$5.4BYoY +20.4%

Figma deal collapse shifts growth plans toward Firefly and integrated content workflows, with a $1B termination fee tempering liquidity.

• Revenue$19.4BYoY +10.2%
• Net income$5.4BYoY +14.1%

ironSource acquisition lifted Grow revenue despite monetization-tool problems and softer ad demand; higher costs widened losses.

• Revenue$1.4BYoY +25.3%
• Net income−$921.1MYoY −72.9%

Mobility recovery and higher Delivery take rates boosted adjusted profitability; investment markdowns deepened net losses.

• Revenue$31.9BYoY +82.6%
• Net income−$9.1BYoY −1742.9%

Slower subscriber growth shifts focus to advertising and household-sharing limits as North American memberships shrink.

• Revenue$31.6BYoY +6.5%
• Net income$4.5BYoY −12.2%

Proposed ≈$20B Figma acquisition would expand Digital Media, adding financing demands and regulatory and integration risks.

• Revenue$17.6BYoY +11.5%
• Net income$4.8BYoY −1.4%

Delivery became the largest revenue source as Mobility recovered; Transplace expanded Freight into transportation management.

• Revenue$17.5BYoY +56.7%
• Net income−$496.0MYoY +92.7%

Operate Solutions consumption drove growth, but R&D and equity compensation outpaced sales, widening losses and turning operating cash flow negative.

• Revenue$1.1BYoY +43.8%
• Net income−$532.6MYoY −88.7%

Upfront spending on owned originals pushed FCF negative as subscriber additions halved.

• Revenue$29.7BYoY +18.8%
• Net income$5.1BYoY +85.3%

Document Cloud and enterprise subscriptions drove operating gains; GAAP earnings fell as the prior-year IP-transfer tax benefit rolled off.

• Revenue$15.8BYoY +22.7%
• Net income$4.8BYoY −8.3%

Pandemic engagement boosted Operate Solutions, shifting growth toward usage-based revenue exposed to Apple’s planned tracking restrictions.

• Revenue$772.4MYoY +42.6%
• Net income−$282.3MYoY −73.0%