Big TechEarnings — Latest Quarter & What's Coming

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.

Salesforce delivered strong Q2 FY2026 results with revenue of $11.1B (+13.3% YoY), net income surging 36.7% to $2.1B, and diluted EPS jumping 52.2% to $2.42, though the balance sheet was significantly reshaped by $27.2B in share buybacks that drove long-term debt up 365.7% and cut stockholders' equity nearly in half.

NVIDIA delivered extraordinary Q2 FY2026 results with revenue surging 85.2% YoY to $81.6B, net income tripling to $58.3B, and gross margin expanding to 74.9%, driven by insatiable demand for AI computing infrastructure.

Apple delivered a standout Q2 FY2026 with revenue surging 16.6% YoY to $111.2B and net income climbing 19.4% to $29.6B, driven by record gross margins of 49.3% and accelerating R&D investment of $11.4B.

Meta reported a strong Q1 2026 with revenue surging 33.1% YoY to $56.3B and net income jumping 60.9% to $26.8B, driven by robust advertising demand, though R&D spending soared 45.7% and long-term debt more than doubled as the company aggressively invests in AI and infrastructure.

Google parent Alphabet delivered a standout Q1 2026, with revenue surging 21.8% YoY to $109.9B and net income nearly doubling (+81.2%) to $62.6B, driven by strong advertising and cloud momentum alongside a dramatic expansion of the balance sheet.

Amazon delivered a standout Q1 2026 with revenue of $181.5B (+16.6% YoY), operating income surging 29.6% to $23.9B, and net income jumping 37.7% to $90.8B, driven by expanding margins and strong cash generation.

In Q3 FY2026, Microsoft delivered strong 18% revenue growth to $82.9 billion and 23% net income growth to $31.8 billion, propelled by 40% Azure growth and a 99% surge in Commercial Remaining Performance Obligation to $627 billion, even as gross margin declined 1.1 percentage points due to continued AI infrastructure investment.

Tesla's Q1 2026 10-Q shows a strong rebound with revenue up 15.8% YoY to $22.4B, gross margin expanding nearly 5 percentage points to 21.1%, and operating income surging 135.8% to $941M, though net income of $477M reflects elevated R&D and SG&A spending.

Netflix delivered a strong Q1 2026 with revenue up 16.2% YoY to $12.25B, net income surging 82.8% to $5.28B, and operating cash flow nearly doubling to $5.29B, reflecting robust subscriber monetization and expanding margins.