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Q2 2026

All articles tagged with #q2 2026

business2 days ago

GameStop Posts Record Q2 2026 Operating Income as Collectibles Soar and EBITDA Outlook Rises

GameStop reported Q2 2026 net sales of $790.2 million (down from $972.2 million a year earlier) but achieved a record quarterly operating income of $160.2 million, driven by a 57% increase in Collectibles net sales to $356.3 million. Net income was $298.7 million and adjusted EBITDA was $174.0 million, with the company raising its FY2026 Adjusted EBITDA outlook to over $650 million. The quarter introduced a three-category sales mix (Collectibles, Video Games, Pre-Owned/Refurbished) and ended with about $5.4 billion in liquidity, including roughly $4.9 billion in eBay stock; debt was reduced to about $2.8 billion after recent convertible note exchanges. The release also outlines non-GAAP measures and provides a forward-looking outlook.

via GameStop Investor Relations|
#business#collectibles#earnings
US battery storage hits a record 20.2 GWh in Q2 2026
energy9 days ago

US battery storage hits a record 20.2 GWh in Q2 2026

US battery storage surged to a record 20.2 GWh in Q2 2026, lifting H1 2026 to 30.8 GWh (up 23% YoY) as utility-scale projects dominated with about 18 GWh, led by Arizona’s 6.2 GWh, with Texas at 3.8 GWh and California at 3.6 GWh. About 44% of utility-scale capacity was paired with solar and 56% was standalone. Residential storage declined 27% in Q2 after the 25D tax credit expired, while commercial/storage grew and Tesla opened a Texas Megafactory producing 50 GWh/year Megapacks. Benchmark Mineral Intelligence and SEIA raised their outlooks, forecasting ~683 GWh by 2030 and ~71 GWh for 2026 (roughly 20% above 2025). Notably, ~74% of Q2 capacity was installed in states that Trump won in 2024.

via Electrek|
#battery-storage#benchmark-mineral-intelligence#energy
Home Depot edges past Q2 expectations as it sticks to 2026 outlook in a cautious housing market
business23 days ago

Home Depot edges past Q2 expectations as it sticks to 2026 outlook in a cautious housing market

Home Depot beat Q2 2026 estimates, posting adjusted EPS of $4.92 on revenue of $47.86B and reaffirming full-year guidance of 2.5%-4.5% sales growth with 12.4%-12.6% operating margin. Net income was $4.77B; comparable sales rose 1.7%, the strongest since Q3 2022. Management cited a “frozen housing market” but said it is gaining share across pro and DIY segments, aided by tariff refunds that offset some input costs. Consumers remain hesitant on larger projects due to inflation and uncertainty, while CEO Ted Decker is on temporary medical leave with Ann-Marie Campbell overseeing daily U.S. operations.

via CNBC|
#business#earnings#frozen-housing-market
Pearl Abyss Targets Year-End Crimson Desert DLC and Switch 2 Expansion
business29 days ago

Pearl Abyss Targets Year-End Crimson Desert DLC and Switch 2 Expansion

Pearl Abyss posted Q2 2026 revenue of KRW 192.6 billion (up ~248% YoY), driven mainly by Crimson Desert which accounts for a large share of console revenue. The company cut and revised its full-year guidance to 2026 revenue of KRW 709.8–743.8 billion and operating profit of KRW 315.5–345.2 billion. A year-end Crimson Desert DLC is in the works with pricing and platform expansion, including a potential Switch 2 release in the first half of 2027. Black Desert will receive large-scale updates in H2 2026, while DokeV aims for a 2028 launch with staged marketing. Pearl Abyss also notes ongoing AI and engine development to support long-term growth and maintains openness to M&A opportunities.

via Inven Global|
#business#crimson-desert#dlc
After Q1 $8.1B Selloff, Berkshire's Abel Signals Cautious Bargain-Hunting in Q2
finance29 days ago

After Q1 $8.1B Selloff, Berkshire's Abel Signals Cautious Bargain-Hunting in Q2

Greg Abel sold $8.1 billion of Berkshire Hathaway stock in Q1, signaling few bargains at the time. In Q2, Berkshire finally bought more than it sold, with net purchases of about $19.8 billion (buys $23.5B, sells $3.7B), though most cash remains idle: starting liquidity was about $397.4B and end-Q2 cash and equivalents totaled around $365.5B ($6.3B reserved for BNSF). The Taylor Morrison all-cash acquisition closed in July after Q2. Exact new holdings will come from the 13F filing; for now, Abel appears to be dipping a cautious toe, not plunging into a broad buying spree.

via Yahoo Finance|
#13f-disclosure#berkshire-hathaway#finance
Rocket Lab tops Q2 revenue, lifts Q3 outlook amid ongoing losses
finance1 month ago

Rocket Lab tops Q2 revenue, lifts Q3 outlook amid ongoing losses

Rocket Lab reported Q2 CY2026 revenue of $234.1 million, up 62% year over year and beating estimates (consensus ≈$231.9M). GAAP loss was $0.08 per share, with Adjusted EBITDA margin at -3.8% and negative free cash flow of -$110.1 million; the company still narrowed losses and improved leverage. For Q3 CY2026, management guided to a midpoint revenue of $257.5 million and EBITDA of $20 million, above expectations of roughly $240.6 million and -$10.23 million, respectively, suggesting potential upside despite persistent losses. The stock traded about 1.8% lower after results, as investors weigh strong top-line guidance against continued profitability challenges.

via Yahoo Finance|
#finance#guidance#q2-2026
business1 month ago

Hims & Hers Q2 2026: Revenue Jumps 38% as Outlook Rises on AI-Driven Expansion

Hims & Hers Health reported Q2 2026 revenue of $753.2 million, up 38% year over year, with about 2.89 million subscribers; net loss was $86.3 million, while Adjusted EBITDA was $60.3 million and free cash flow was −$68.2 million. The company raised full-year 2026 guidance to revenue of $3.1–$3.3 billion and Adjusted EBITDA of $275–$325 million, aided by AI-driven efficiencies and rapid international expansion (including the June closing of Eucalyptus), with longer-term targets of at least $6.5 billion in revenue and $1.3 billion in Adjusted EBITDA by 2030.

via HIMS investor relations|
#adjusted-ebitda#business#guidance
S&P 500 Q2 Earnings Rally Driven by Alphabet and Amazon Surprises
business1 month ago

S&P 500 Q2 Earnings Rally Driven by Alphabet and Amazon Surprises

FactSet’s Earnings Insight shows Q2 2026 results for the S&P 500 are robust, with 86% of companies reporting actual EPS above estimates and an aggregate surprise of 29.2%, largely boosted by outsized Alphabet and Amazon gains. Excluding those two, the surprise rate would drop to 10.9% but remain above historical averages. The blended Q2 earnings growth is 50.4% (the highest since Q2 2021), with 10 of 11 sectors in YoY earnings growth and Health Care as the only decliner; revenue growth is 15.0% and 76% of firms beat revenue estimates. The forward 12‑month P/E is 20.0. Analysts project Q3 2026 earnings growth of 27.4%, Q4 2026 of 25.2%, and calendar‑year 2026 around 30.0%. Nine S&P 500 firms are due to report next week.

via FactSet Insight|
#alphabet#amazon#business
Lucid Pushes Cosmos to 2027 After $1B Q2 Loss and Restructuring
business1 month ago

Lucid Pushes Cosmos to 2027 After $1B Q2 Loss and Restructuring

Lucid is delaying Cosmos, its planned sub-$50k mass-market EV, to early 2027 after posting a roughly $1 billion net loss in Q2 2026 and launching a restructuring to reduce cash burn. Cosmos will be built at a new Saudi Arabia plant with a 2027 ramp; the current Arizona facility isn’t suitable for this model. Despite the loss, Q2 revenue rose 56% to $405 million, with deliveries up to 3,953 and production to 4,774 as Lucid works to better align output with demand and improve customer experience. Cosmos specs include about 300 miles of range from a 69 kWh pack, 4.5 miles/kWh efficiency, 14-minute fast charging, 0-60 in 3.5 seconds, and a 36-inch central screen.

via Jalopnik|
#business#cosmos#electric-vehicles
Lucid Initiates $1.4B Cash-Saving Reset Ahead of 2027 Outlook
business1 month ago

Lucid Initiates $1.4B Cash-Saving Reset Ahead of 2027 Outlook

Lucid announced an operational reset focused on cash, cost, customer experience, and culture, anchored by a $1.4 billion cash-flow improvement plan and four must-win projects (Robotaxi with Uber/Nuro, AMP-2 in Saudi Arabia, Midsize) with a leaner org to speed decision-making. Production was intentionally reduced to lower inventory and free up cash. In Q2 2026, Lucid produced 4,774 vehicles (3,953 delivered), revenue of $405 million, and ended the quarter with about $3.0 billion in liquidity, supported by new financing that extends runway into 2027. The Robotaxi program is in active testing in the SF Bay Area and Houston, Gravity deliveries to Nuro have begun, and AMP-2 is moving toward industrialization, with ongoing Midsize validation and production readiness work.

via Lucid Motors|
#amp-2#business#lucid-group
Uber Posts Solid Q2, but Q3 Guidance Falls Short of Expectations
business1 month ago

Uber Posts Solid Q2, but Q3 Guidance Falls Short of Expectations

Uber reported in-line Q2 2026 earnings (EPS $0.81) on revenue of $14.19B, with net income of $2.39B. Mobility revenue was $7.36B and delivery $5.25B, while total bookings reached $58B, beating estimates. For Q3, management guided bookings of about $59.25B (mid) and EPS of $0.84–$0.88, both below consensus. Shares fell after the print. The company is expanding into deliveries via a $14.8B deal for Delivery Hero and plans to invest over $10B to bring autonomous vehicles to market, with ongoing changes in robotaxi partnerships and regulatory milestones (e.g., London licensing with Wayve).

via CNBC|
#autonomous-vehicles#business#earnings
SpaceX's Debut Earnings Preview Faces Stock Pressure Ahead of Q2
finance1 month ago

SpaceX's Debut Earnings Preview Faces Stock Pressure Ahead of Q2

SpaceX is set to report its first earnings as a public company after a rough run, with Q2 revenue expected around $6.81 billion and an adjusted loss per share of about $0.24. Investors will scrutinize the company’s heavy capex trajectory (projected to climb toward $118 billion by 2028) and rising debt, as a lockup expiration could free up as much as 20% of shares and add selling pressure. The narrative will hinge on Starlink and Starship progress, plus any strategic moves around Musk’s portfolio of companies, including potential ties to Tesla, all amid a broader concerns about capital returns from bold AI and space initiatives.

via Yahoo Finance Singapore|
#earnings#finance#q2-2026
McDonald’s bets on a U.S. turnaround as Q2 shows mixed results
business1 month ago

McDonald’s bets on a U.S. turnaround as Q2 shows mixed results

McDonald’s posted a mixed Q2: adjusted EPS of $3.38 beat expectations while revenue of $7.10 billion slightly missed consensus; U.S. same-store sales rose 0.8% as traffic fell, and global SSS rose 1.3%. Skye Anderson was named president of McDonald’s U.S., replacing Joe Erlinger. The company outlined a new growth strategy—focusing on restaurant design, better-tasting food and drinks, consumer-led innovation, and improved service—with shares up about 2% premarket. The international segments showed stronger performance, while the Minecraft tie-in period last year was noted in passing.

via CNBC|
#business#earnings#growth-strategy
Stellantis Sees Broad Q2 2026 Momentum, Reaffirms 2026 Guidance
business1 month ago

Stellantis Sees Broad Q2 2026 Momentum, Reaffirms 2026 Guidance

Stellantis posted Q2 2026 net revenues of €43.5 billion, up 13% year over year driven by North America (+32%) and South America (+6%), with Enlarged Europe flat; net profit €0.3 billion and adjusted operating income €0.8 billion (AOI margin 1.8%). Industrial free cash flow reached €1.0 billion and liquidity stood at €44.1 billion. The company reaffirmed its 2026 guidance under the FaSTLAne 2030 plan, noting ~€1.0-€1.2 billion of net tariff headwinds and €2 billion of H2 2025 charges, while highlighting regional momentum and upcoming product launches.

via Stellantis.com|
#aoi-margin#business#industrial-free-cash-flows