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Snowflake Q2 FY2027 Earnings: Product Revenue Growth Accelerates to 37%
Snowflake’s Q2 FY2027 revenue rose 35% year over year to $1.55 billion, while product revenue increased 37% to $1.49 billion, marking a third consecutive quarter of product revenue growth acceleration. Non-GAAP operating margin reached 15.3%, although the company still reported a $263 million GAAP operating loss. Remaining performance obligations grew 30% to $9.00 billion, and management raised full-year product revenue guidance to $6.07 billion, or 36% growth, while lifting its non-GAAP operating margin outlook to 14.5%. The increase reflected strength in core data workloads and a step-up in AI revenue.
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Wed, Sep 2
Tillys Fiscal Q2 2026 Earnings: Comparable Sales Expand Operating Margin
Tillys (NYSE: TLYS) reported fiscal Q2 2026 net sales of $163.5 million, up 8.1%, and diluted EPS of $0.27 versus $0.10 a year earlier. Comparable net sales rose 12.1%, while gross margin expanded 300 basis points to 35.5%, lifting operating income to $8.2 million. E-commerce grew 20.9% and increased its sales mix even as the company operated 12 fewer stores. Fiscal first-half operating cash flow reached $18.5 million, management guided Q3 comparable sales growth of 10% to 14%, and total liquidity was $125.5 million.
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Wed, Sep 2
Petco Q2 2026 Earnings: Tariff Refund Supports Margin Expansion
Petco’s fiscal Q2 2026 net sales were $1.489 billion, up 0.05% year over year, while diluted EPS rose to $0.13 from $0.05. Gross margin increased 37 basis points to 39.7%, and adjusted EBITDA reached $122.2 million. However, a $6.8 million net IEEPA tariff-refund benefit supported the reported margin and profit gains; excluding it, normalized gross margin was roughly flat and normalized adjusted EBITDA was $115.4 million. Petco also reaffirmed its fiscal 2026 sales and adjusted EBITDA outlook while continuing to reduce debt.
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Wed, Sep 2
ChargePoint Q2 FY2027 Earnings: Revenue Rises as Losses Narrow
ChargePoint’s fiscal Q2 2027 revenue rose 18% year over year to $116.1 million, while GAAP net loss narrowed 46% to $35.6 million and diluted loss per share improved to $1.35 from $2.85. GAAP gross margin increased to 36%, though tariff refunds contributed four percentage points. Networked charging systems revenue led growth with a 25% increase, and adjusted EBITDA loss shrank to $4.8 million. ChargePoint guided fiscal Q3 revenue to $105 million-$115 million as investors weigh better operating results against continued cash use and a $95.7 million cash balance.
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Wed, Sep 2
HPE Fiscal Q3 2026 Earnings: Revenue Reaches $12.2 Billion as Margins Expand
HPE’s fiscal Q3 2026 revenue rose 34% year over year to a record $12.2 billion, while GAAP diluted EPS increased to $1.06 from $0.21. GAAP gross margin expanded to 40.1%, and free cash flow reached $1.0 billion. Networking revenue grew 74.9%, while Cloud & AI rose 25.4% and increased its operating margin to 17.0%. The quarter also included a $444 million gain on the sale of an equity interest. HPE raised its fiscal 2026 revenue growth, EPS, and free-cash-flow outlooks and increased its fiscal 2027 growth framework.
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Wed, Sep 2
Palo Alto Networks Q4 FY2026 Earnings: Revenue Growth Outpaces GAAP Profitability
Palo Alto Networks’ fiscal Q4 2026 revenue rose 34% to $3.41 billion, and Next-Generation Security ARR increased 63% to $9.10 billion. GAAP diluted EPS swung to a $0.35 loss from $0.36 profit as operating income fell and net other expense weighed on results, while non-GAAP EPS increased to $1.02. Operating cash flow reached $1.36 billion and adjusted free cash flow was $1.29 billion. Fiscal 2027 guidance calls for $14.10 billion to $14.20 billion of revenue and a 38.0% adjusted free cash flow margin.
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Tue, Sep 1
MongoDB Q2 Fiscal 2027 Earnings: 30% Revenue Growth Drives Margin Expansion
MongoDB’s fiscal Q2 2027 revenue rose 30% year over year to $771.8 million, while GAAP diluted EPS improved to $0.50 from a $0.58 loss. Free cash flow nearly doubled to $137.6 million as gross and operating margins expanded. Growth was supported by both Atlas and Enterprise Advanced and other revenue, while management cited core enterprise workloads and early AI use cases. MongoDB also raised full-year fiscal 2027 guidance, identifying Atlas as the main driver of the second-half increase. The quarter was its third consecutive period of GAAP EPS profitability.
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Tue, Sep 1
Dell Q2 FY2027 Earnings: Server Growth Expands Revenue and Margins
Dell Technologies’ fiscal Q2 2027 revenue rose 58% year over year to $46.97 billion, while GAAP diluted EPS increased 273% to $6.34. Infrastructure Solutions Group revenue climbed 89% to $31.78 billion as AI-optimized server revenue doubled and traditional servers and networking grew 122%. GAAP operating margin expanded to 11.5%, although operating cash flow fell 13% to $2.23 billion. Dell raised full-year revenue guidance to $192 billion and AI-optimized server revenue guidance to $74 billion. The quarter ended July 31, 2026.
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Tue, Sep 1
Credo Fiscal Q1 2027 Earnings: Revenue More Than Doubles
Credo (Nasdaq: CRDO) reported fiscal Q1 2027 revenue of $479.0 million, up 114.7% year over year, while GAAP diluted EPS rose to $0.67 from $0.34. Non-GAAP net income increased 140% to $236.3 million. However, GAAP gross margin fell to 64.5% and sequential GAAP operating income declined as operating expenses rose. For fiscal Q2, Credo guided to $525 million-$535 million in revenue, with GAAP gross margin of 62.9%-64.9% and non-GAAP gross margin of 67.0%-69.0%. The outlook points to another quarter of sequential revenue growth.
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Tue, Sep 1
GitLab Q2 FY2027 Earnings: Revenue Rose 21% but Margins Narrowed
GitLab’s (NASDAQ: GTLB) Q2 FY2027 revenue rose 21% year over year to $286.3 million, while GAAP diluted loss per share widened to $0.22 from $0.06. GAAP operating margin fell to negative 20% from negative 8%, and operating cash flow shifted to a $3.1 million outflow from a $49.4 million inflow. Customer and booking metrics remained positive, including 117% dollar-based net retention and 20% cRPO growth, but lower gross margin, higher operating costs, and working-capital pressure limited the benefit of revenue growth during the quarter.
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Tue, Sep 1
Yext Q2 Fiscal 2027 Earnings: Adjusted EBITDA Margin Expands Despite Lower Revenue
Yext (NYSE: YEXT) reported fiscal Q2 2027 revenue of $111.1 million, down about 1.8% year over year, and GAAP basic EPS of $0.13 versus $0.22. Adjusted EBITDA rose 29% to $34.0 million, lifting the margin to 30.6% from 23.3%, while GAAP net income fell to $13.1 million because the prior-year comparison included a sizable acquisition-related benefit. ARR ended the quarter at $440.8 million, with management citing better enterprise retention and expansion. Six-month operating cash flow was $45.4 million as repurchases coincided with lower cash and higher debt.
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Tue, Sep 1
Medtronic Q1 FY2027 Earnings: Broad Portfolio Growth Supports Higher Guidance
Medtronic’s fiscal Q1 2027 revenue rose 13.7% to $9.756 billion, while GAAP diluted EPS increased 40.7% to $1.14 and non-GAAP EPS grew 15.1% to $1.45. Cardiovascular led broad portfolio growth, and free cash flow more than doubled to $1.290 billion. An extra fiscal week contributed about $570 million to organic revenue, affecting year-over-year comparability. Medtronic raised FY2027 organic growth guidance to 7.25%–7.75% and narrowed non-GAAP EPS guidance to $5.94–$6.00.
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Tue, Sep 1
Cango Q2 2026 Earnings: Mining Reset Lowers Revenue and Unit Cost
Cango Inc. (NYSE: CANG) reported Q2 2026 revenue of US$50.8 million, down about 64% year over year, and a diluted loss per ordinary share from continuing operations of US$1.99 versus US$8.26. Continuing-operations net loss narrowed to US$81.6 million as mining-machine impairment declined, but adjusted EBITDA swung to a US$10.7 million loss. Cango reduced operating hashrate, cut average cash cost per Bitcoin by about 5% sequentially, ended June with 1,056 BTC, and advanced a 3-megawatt Georgia AI site expected to begin recognizing revenue in Q3.
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Mon, Aug 31
Gap Q2 Fiscal 2026 Earnings: Tariff Recovery Lifts GAAP Profit as Sales Decline
Gap Inc. reported fiscal Q2 2026 net sales of $3.651 billion, down 2% year over year, while diluted EPS increased to $1.38 from $0.57. A $417 million IEEPA tariff-recovery adjustment lifted GAAP gross margin to 52.8%; excluding it, adjusted gross margin was 41.4% and adjusted EPS was $0.52. Gap brand comparable sales rose 10%, but Old Navy fell 4% and Athleta declined 12%. The company narrowed full-year sales growth guidance to 1%-1.5% while raising adjusted EPS guidance to $2.35-$2.45 for fiscal 2026.
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Thu, Aug 27
Ulta Beauty Fiscal Q2 2026 Earnings: Sales Growth Supports Higher Guidance
Ulta Beauty’s fiscal Q2 2026 net sales increased 8.9% to $3.04 billion, supported by comparable sales growth, Space NK, and new stores. Diluted EPS rose 13.3% to $6.55, while operating income climbed 10.1% to $379.6 million and operating margin edged up to 12.5%. Gross margin slipped to 39.1% because of the Space NK business mix. Ulta Beauty raised its fiscal 2026 outlook to 6.7%–7.2% sales growth and $28.70–$29.00 in diluted EPS, while increasing planned fiscal-year share repurchases to $1.8 billion.
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Thu, Aug 27
Autodesk Q2 FY2027 Earnings: Revenue Rises 16% as Margins Expand
Autodesk’s fiscal Q2 2027 revenue increased 16% to $2.046 billion, while GAAP diluted EPS rose to $2.33 from $1.46. GAAP operating margin expanded four points to 29%, and free cash flow grew 24% to $561 million. Design remained the largest product category, while Make delivered the fastest product-type growth at 26%. Autodesk raised full-year billings and revenue growth guidance to reflect higher underlying expectations and MaintainX, while keeping its roughly 39% non-GAAP operating margin outlook unchanged and narrowing free cash flow guidance.
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Thu, Aug 27
Aviat Networks Fiscal Q4 2026 Earnings: Revenue Rises as Margins Contract
Aviat Networks reported fiscal Q4 2026 revenue of $120.9 million, up 4.8% year over year, but GAAP gross margin fell 340 basis points to 30.8%. GAAP diluted EPS swung to a $0.10 loss from $0.40 of earnings, while adjusted EBITDA declined to $11.9 million. North America revenue grew 17.8%, offsetting an 8.3% international decline. The company ended fiscal 2026 with $367 million of backlog and issued fiscal 2027 guidance for $455 million to $470 million of revenue and $50 million to $55 million of adjusted EBITDA.
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Thu, Aug 27
Lucky Strike Q4 FY2026 Earnings: Revenue Edges Higher as Adjusted EBITDA Falls
Lucky Strike Entertainment’s fiscal Q4 2026 revenue rose 0.9% to $303.9 million, but same-store revenue fell 2.5% and adjusted EBITDA declined to $74.1 million from $88.7 million. The GAAP net loss narrowed to $26.2 million from $74.7 million, largely as tax treatment shifted even as the pretax loss widened. Quarterly operating cash flow turned negative at $12.0 million, while net debt increased to $1.77 billion. Management issued fiscal 2027 guidance for 3% to 5% revenue growth and $340 million to $360 million of adjusted EBITDA.
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Thu, Aug 27
Best Buy Q2 FY27 Earnings: Comparable Sales Growth Supports Higher Guidance
Best Buy’s Q2 FY27 revenue rose about 3.6% to $9.78 billion, enterprise comparable sales increased 4.1%, and adjusted diluted EPS climbed 15% to $1.47. Domestic growth in computing, home theater, services and emerging categories outweighed international weakness. Marketplace and Best Buy Ads helped lift gross margin, although compensation, initiative spending and advertising increased SG&A. Best Buy raised its FY27 revenue, comparable-sales, adjusted operating-margin and adjusted EPS guidance after stronger first-half performance and continued momentum entering the second half.
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Thu, Aug 27
Canadian Solar Q2 2026 Earnings: Storage Growth Could Not Prevent a Wider Loss
Canadian Solar (NASDAQ: CSIQ) reported Q2 2026 revenue of $1.21 billion, down 29% year over year, and a GAAP diluted loss of $1.40 per share versus a $0.08 loss a year earlier. Gross margin fell to 13.9% from 29.8%, while battery storage shipments rose 73% to 3.7 GWh and solar module shipments fell 60% to 3.1 GW. Working-capital movements drove $181 million of operating cash outflow. Q3 guidance calls for $1.3 billion to $1.5 billion in revenue and a 13.5% to 15.5% gross margin.
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Thu, Aug 27
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