Elevance (ELV) Q2 2026: MLR Hits 89.7%, Net Income Falls 16%
Elevance Health Q2 2026: benefit expense ratio hit 89.69%, a five-year high, as premiums grew just 0.02%. Net income fell 16.1% to $1.46B. Full-year EPS guidance was
Oracle FY2026 Annual Report: USD 638B Backlog and Negative Free Cash Flow of USD 23.7B Signal Infrastructure Pivot
Oracle FY2026: Revenue USD 67.4B (+17.3%), RPO backlog USD 638B, CapEx USD 55.7B (+162%), free cash flow -USD 23.7B. OCI cloud infrastructure revenue surged 77% as Oracle's infrastructure pivot accelerates.
Philip Morris (PM) Q2 2026: Op Margin 40.5%, EPS Down 8%
PMI Q2 2026: operating income +22% to $4.53B (margin 40.5%), but diluted EPS −7.7% to $1.80 due to $511M RBH non-cash impairment and equity-method income decline.
Mastercard (MA) Q2 2026: Revenue Climbs 14% to USD 9.3B, Adjusted EPS of USD 5.04 Beats Consensus by 5.4%
Mastercard Q2 2026: Net revenue USD 9.3B (+14% YoY), adjusted EPS USD 5.04 (+21%), beating Wall Street consensus on both lines. Cross-border volume +12%, GDV USD 2.9T. Value-Added Services grew 20%. USD 4.9B buybacks in Q2.
Airbnb (ABNB) Q1 2026: 43% Tax Rate Caps Net Income at $160M
Airbnb's operating income more than doubled to $86 million in the first quarter of 2026, yet net income rose only $6 million — because the effective tax rate ju
Meta (META) Q2 2026: Revenue Surges 28% to USD 60.8B but AI CapEx Crushes Free Cash Flow -91%, EPS Misses by 14%
Meta Q2 2026 revenue rose 28% to USD 60.8B, but GAAP EPS of USD 6.18 missed consensus by 14% as costs surged 55%. Free cash flow collapsed 91% to USD 784M. Stock fell ~11% after-hours.
O'Reilly Automotive (ORLY) Q1 2026: 8.1% Comps End 3-Year Margin Slide
O'Reilly Automotive posted first-quarter operating margin expansion in four years, with margin rising 53 basis points to 18.45% on 8.1% comparable store sales growth, reversing a three-year slide.
Kinder Morgan (KMI) Q2 2026: EPS +22%, Operating Margin 30.1%
Kinder Morgan (KMI) Q2 2026 10-Q: operating income +16.8% to $1.35B, EPS $0.30 (+22%), revenue $4.48B (+10.8%). CO2 segment surges +50.7%. Analysis of pipeline earnings drivers and dividend sustainability.
Netflix (NFLX) Q2 2026: $2.8B Q1 WBD Fee Inflates H1 Net Income, Q2 Margin Stalls
Netflix lost the fight for Warner Bros. Discovery and walked away with a $2.8 billion consolation check recorded in Q1 2026 — inflating the six-month net income headline while the underlying Q2 operating margin fell to 33.4% from 34.1% a year earlier.
Alphabet (GOOGL) Q2 2026: Net Income Quadruples to $112.2B as Cloud Revenue Surges 82%
Alphabet delivered a blockbuster Q2 2026, reporting $119.8B revenue (+24.2% YoY), $40.8B operating income (+30.4%), and $112.2B net income (+297.9%). However, ~$99B of net income consists of unrealized equity fair value gains. Google Cloud surged 81.8% to $24.8B, signaling a decisive pivot from advertising to AI infrastructure.
CrowdStrike (CRWD) Q1 FY2027: Revenue Up 25.6%, RPO Hits $8.8B
CrowdStrike reported Q1 FY2027 revenue of $1,385.6M (+25.6% YoY) with remaining performance obligations reaching $8.8B (+29%). Net income flipped to +$27.8M from -$104.3M, while operating loss narrowed to -$30.6M. Two acquisitions (SGNL.AI, Seraphic Algorithms) drove goodwill to $2.27B.
ONEOK (OKE) Q1 2026: FCF Drops to $70M as CapEx Jumps 37%
ONEOK posted first-quarter operating income of $1,428 million, up 17.0% from $1,220 million a year earlier, according to its Form 10-Q for the quarter ended March 31, 2026