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Q2 2026 Earnings

All articles tagged with #q2 2026 earnings

business1 hour ago•7 min saved

Rivian ramps up R2 push as Q2 revenue climbs 27%

Rivian posted Q2 2026 revenue of $1.66B, up 27% year over year, with a record $179M gross profit led by software/services and VW JV; automotive gross profit was negative $36M as the R2 ramp continues. R2 deliveries began June 9, with 12,613 produced and 12,194 delivered. The company raised full-year guidance to 65,000–70,000 vehicles, narrowed adjusted EBITDA loss to $1.8–2.0B, and signaled about $14B of available future capital, suggesting auto-margin improvement in H2.

via Electrek|

#business #ev #gross-margin

business1 day ago•2 min saved

Carvana posts Q2 profit, guides 2026 earnings amid mixed investor reactions

Carvana reported Q2 2026 net income of $513M on $7.38B revenue and 197,325 vehicle sales (+38% YoY), and guided full-year adjusted earnings of $2.7-$3.0B with $1.3-$1.6B in H2. The outlook fell short of some analysts’ targets (Deutsche Bank: $3.0-$3.2B; Morgan Stanley: $4.45B), sending shares lower after hours. First-half adjusted EBITDA was $1.4B ($769M in Q2) with a 10.4% margin. The company reiterates long-term goals of selling ~3 million cars annually and about a 13.5% EBITDA margin by 2030–2035, while expecting a sequential Q3 uptick in retail units.

via CNBC|

#adjusted-ebitda #automotive-retail #business

business7 days ago•30 min saved

Tesla slides after Q2 profit miss as AI and Robotaxi bets loom

Tesla reported Q2 revenue of $28.24B that beat estimates but posted a profit miss, with adjusted EPS around $0.33 vs $0.50 expected and margins at 16.8% as capex rose to about $5.8B, sending the stock lower after hours. Management signaled a continued heavy AI-focused investment cycle—Robotaxi, Optimus, Megapack—while FSD subscriptions climbed about 56% YoY to roughly 1.4M and robotaxi deployments expanded to seven markets; energy storage deployments rose 13% YoY. Musk also teased near-term AI data-center ideas and a Terafab reveal amid questions about SpaceX-Tesla synergy.

via Business Insider|

#business #capex #fsd

business9 days ago•21 min saved

Ives Stands by $350 IBM Target After a 26% Weekly Plunge

Dan Ives keeps a $350 target on IBM after the stock’s 26% weekly drop, arguing the quarterly miss was a timing issue rather than a fundamental decay and that IBM remains a core AI-infrastructure play thanks to watsonx, mainframe strength, and solid free cash flow. The upcoming July 22 earnings print is the key catalyst to validate the bull case and potentially unlock upside beyond the street's ~$270 targets.

via 24/7 Wall St.|

#ai #business #dan-ives

business1 month ago•12 min saved

Adobe slips after-hours as CFO exit overshadows solid Q2 and raised FY26 outlook

Adobe delivered a stronger-than-expected Q2 2026 with EPS of $5.96 on $6.62 billion in revenue and raised its full-year FY26 guidance to about $24.35–$24.45 per share on $26.5–$26.6 billion in revenue, but after-hours the stock dropped around 5% as CFO Dan Durn announced his departure, highlighting investor concerns about AI-driven revenue pressure and leadership changes despite the solid results.

via Yahoo Finance|

#adobe #business #cfo-departure