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Q2 2026 Results

All articles tagged with #q2 2026 results

Vistra Posts Q2 2026 Profit, Reaffirms Outlook and Accelerates Growth Initiatives
business2 months ago

Vistra Posts Q2 2026 Profit, Reaffirms Outlook and Accelerates Growth Initiatives

Vistra reported Q2 2026 net income of $305 million and Ongoing Operations Adjusted EBITDA of $1.767 billion, up about 30% year over year, and reaffirmed 2026 guidance of $6.8–$7.6 billion in EBITDA and $3.925–$4.725 billion in Ongoing Op FCFbG. The company noted hedging coverage near 100% for 2026 (≈94% for 2027, ≈72% for 2028), about $6.3 billion of liquidity, and progress on strategic initiatives including Helix Digital Infrastructure with NVIDIA, KKR and Kuwait Investment Authority, plus the pending Cogentrix acquisition. Vistra also highlighted strong operational reliability and ongoing share repurchases totaling around $6.5 billion since 2021.

Lilly lifts 2026 outlook on GLP-1 momentum and pipeline expansion
business2 months ago

Lilly lifts 2026 outlook on GLP-1 momentum and pipeline expansion

Lilly reported Q2 2026 revenue of $23.0B, up 48% from a year earlier driven by Mounjaro and Zepbound, with GAAP EPS of $7.94 and non-GAAP EPS of $8.38; the company raised its full-year guidance to $85-87B in revenue and $35.50-$36.50 in non-GAAP EPS (midpoint up about $2.78) offset by $3.03 of acquired IPR&D charges, and highlighted regulatory wins (EBGLYSS for atopic dermatitis, Jaypirca in the EU for CLL) and continued obesity pipeline progress (retatrutide) with a planned BLA in 1Q 2027; Lilly also completed multiple acquisitions and announced additional investments to expand manufacturing in Indiana, underscoring a broad, growing pipeline.

Rivian trims 2026 spend, sticks to R2-driven profitability path
business2 months ago

Rivian trims 2026 spend, sticks to R2-driven profitability path

Rivian reduced its 2026 spending and narrowed its expected losses while keeping the 65,000–70,000 vehicle delivery target. In Q2, revenue rose to $1.66 billion with an adjusted loss per share of 47 cents and a gross profit of $179 million, as its software and services segment posted a profit and the R2 midsize SUV began deliveries. The company aims for profitability on a per‑unit basis with the R2 but will need more scale than 160,000 annual R2 units to achieve it. Cash stood at about $5.3 billion, with expected $1 billion in non-recourse VW debt financing and $250 million in equity from Uber this year.