Understand Any US Earnings Report in 60 Seconds

Tesla, Inc.

Tesla reported Q2 FY2026 revenue growth of 25.5% to $28.24B, but operating income fell 56.9% to $398M as AI-related R&D, stock-based compensation and other operating costs rose sharply, while year-to-date capital spending accelerated. Source: 10-Q Item 2 MD&A, pp.28-36; 10-Q Income Statement (XBRL).

Alphabet Inc. (Class A)

Alphabet's Q2 FY2026 revenue grew 24% YoY to $119.8B driven by Google Cloud (+82%) and Google Search (+17% within advertising), while net income surged 298% to $112.2B largely due to a $99.0B unrealized gain on equity securities (SpaceX and a private company), masking underlying operating performance which grew a more modest 30% to $40.8B.

Johnson & Johnson

JNJ reported Q2 FY2026 revenue of $25.3B, up 6.6% year over year on 5.6% operational growth, while net income was essentially flat at $5.5B as STELARA biosimilar pressure, higher commercial spending, restructuring, and litigation-related charges offset broad product and MedTech growth. Source: 10-Q Item 2 MD&A, pp.32, 38-42; 10-Q Income Statement (XBRL).

Netflix

Netflix's Q2 FY2026 revenue grew 13% year-over-year to $12.56B and net income rose 9% to $3.40B, but operating margin slipped 0.7 points to 33.4% as technology & development and sales & marketing expenses outpaced revenue growth, while operating cash flow fell 28% due to higher content spending and record share buybacks of $4.7B.

Oracle Corporation

Oracle delivered strong FY2026 results with revenue surging 17.3% to $67.4B and net income jumping 37.3% to $17.1B, driven by robust cloud infrastructure demand, while total assets expanded 55.5% to $261.8B reflecting significant capital deployment.

Broadcom

Broadcom delivered exceptional Q2 FY2026 results with revenue surging 47.9% YoY to $22.2B, driven by AI semiconductor demand, while operating income nearly doubled and cash generation remained robust with $18.8B in YTD operating cash flow.

Costco

Costco delivered strong Q3 FY2026 results with revenue of $70.5B (+11.6% YoY) and net income of $2.19B (+15.2% YoY), driven by robust membership-driven sales growth while maintaining its characteristically lean ~4% operating margin.

Walmart

In Q1 FY2027, Walmart delivered 7.3% revenue growth and 18.8% net-income growth, supported by U.S. and international sales momentum and eCommerce growth, although operating-margin compression and higher capital expenditures drove free cash flow to negative $1.946B. Source: 10-Q Item 2 MD&A, pp.20-21