All articles tagged with #revenue
OpenAI is betting big on advertising, forecasting ad revenue to reach about $2.4 billion in 2026 and nearly $11 billion in 2027, with a long-term aim of $102 billion in ad revenue by 2030, though the nascent ad business is still being tuned and developed.
FedEx beat Q3 expectations with adjusted EPS of $5.25 and revenue of $24 billion, and lifted fiscal 2026 guidance to $19.30–$20.10 per share and about 6%–6.5% revenue growth. The FedEx Freight spin-off remains on track for June 1, and the Network 2.0 initiative is now expected to yield more than $1 billion in savings. Shares rose in after-hours trading on the results.
Indie dev Cakez celebrates Tangy TD’s earnings spike after a viral moment, with the Steam back-end showing 3,676 copies sold and $31,942 in the first 30 hours, and later around $245,000 gross from 28,171 sales (2,892 refunded). All-time peak concurrent players were modest (under 800), but the four-year development paid off in six-figure-ish potential, highlighting how indie games can find substantial revenue on Steam and how SteamDB estimates can closely track sales.
The NFL has named Kraft Heinz its first-ever global condiment partner, with the deal set to begin at the 2026 draft, signaling the league's aggressive monetization of sponsorships and tying a food-brand to NFL branding beyond on-field action.
Micron Technology reported record Q2 fiscal 2026 results (quarter ended Feb 26, 2026) with revenue of $23.86B, GAAP net income of $13.79B ($12.07 per diluted share) and non-GAAP net income of $14.02B ($12.20), along with operating cash flow of $11.90B and a gross margin of 74.4%. Adjusted free cash flow was $6.9B; capital expenditures were $5.0B and cash/investments totaled $16.7B. The board approved a 30% dividend increase to $0.15 per share. For Q3, Micron guided revenue of about $33.5B ± $0.75B with ~81% gross margin and non-GAAP EPS around $19.15. Business units—Cloud Memory, Data Center, Mobile, and Automotive/Embedded—delivered strong results as the company attributes demand to AI-driven memory needs and plans ongoing manufacturing expansion.
lululemon reported Q4 2025 net revenue of $3.64B and full-year revenue of $11.10B, with Q4 diluted EPS of $5.01 and full-year EPS of $13.26. International sales drove growth (+17% in Q4, +22% for the year) while Americas was modest or down. Gross margin and operating margin declined, and the company repurchased $269.1M in shares in Q4 and $1.2B for the full year, ending 2025 with $1.81B in cash and $1.70B in inventory. For 2026, lululemon guides net revenue of $11.35B–$11.50B and EPS of $12.10–$12.30, with ongoing emphasis on growth in international markets and improving full-price sales.
Americans are drinking less, squeezing restaurant profits as alcohol revenue declines; operators like Pineapple Express in Montclair, NJ closed in part due to weak drink sales, prompting a shift from alcohol to food as the main revenue source.
Adobe topped Q1 FY2026 estimates with EPS of $6.06 and revenue of $6.4 billion (up 12.1%), driven by AI-first ARR growth; ARR reached $26.06 billion and operating cash flow was a record $2.96 billion. Subscription revenue rose across segments, while CEO Shantanu Narayen said he will step down after a successor is named. For Q2, guidance calls for revenue of $6.43–$6.48 billion and adjusted EPS of $5.80–$5.85, and despite the beat the stock fell in after-hours trading as investors weigh the outlook and leadership transition. Analysts’ Hold rating with a ~$370 target suggests meaningful upside remains but sentiment is mixed.
The Washington state Senate cleared a 9.9% tax on annual income over $1 million starting in 2028 by a 27-21 vote, with supporters saying it would raise about $4 billion annually and affect roughly 30,000 households to fund schools, roads, health care and higher education. As debate focused on inflation and potential future expansion of an income tax, Republicans warned of erosion of tax control and constitutional concerns. The bill advances to Gov. Ferguson for likely signature.
Costco is evaluating a potential tariff refund windfall and could pass savings to shoppers if approved, after the Supreme Court struck down the tariffs. The retailer posted second-quarter revenue of $69.6 billion and profit of $2.04 billion, with four new warehouses opened in the quarter and 28 more planned for the year.
OpenAI is reportedly in early talks with The Trade Desk to sell advertising as it leans on external partners to scale its business, with revenue reported at $25 billion; The Trade Desk shares moved higher on the development news.
Wildlight will permanently shut down the free-to-play hero shooter Highguard on March 12 after failing to build a sustainable player base and revenue, despite more than two million players since launch. A final patch will add a new Warden, weapon, account level progression, and skill trees before servers go offline.
NVIDIA reported record Q4 FY2026 revenue of $68.1B (GAAP EPS $1.76, non-GAAP $1.62) and full-year revenue of $215.9B, with Data Center quarterly revenue of $62.3B. Gross margins were 75.0% GAAP (75.2% non-GAAP) for the quarter and 71.1% (71.3% non-GAAP) for FY2026. The company also announced a Q1 FY2027 revenue outlook of $78.0B ±2% (excluding any China DC compute revenue) and will begin including stock-based compensation in non-GAAP. NVIDIA returned $41.1B to shareholders in FY2026 and unveiled major AI platform advances and partnerships aimed at accelerating enterprise AI adoption.
IonQ reported Q4 2025 revenue of $61.9 million and full-year 2025 revenue of $130.0 million, beating guidance with 202% year‑over‑year growth; Q4 net income was $753.7 million driven by a gain on warrant liabilities, while full-year GAAP net loss was $510.4 million. The company highlighted strong commercial traction (over 60% of 2025 revenue from commercial customers, international >30%), and ended 2025 with $3.3 billion in cash, cash equivalents and investments. IonQ also announced an agreement to acquire SkyWater Technology to become a leading US quantum merchant supplier and issued 2026 guidance of $225–$245 million in revenue with an Adjusted EBITDA loss of $310–$330 million, underscoring continued expansion of its full‑stack quantum platform across computing, networking, sensing and security.
Trump floated using tariffs to replace the income tax, but tariffs have never generated near enough revenue to substitute for tax income (roughly $195B in customs duties vs about $2.6T in income tax). Higher tariffs would shrink imports and push buyers to domestic substitutes, limiting revenue gains. Complicating the plan: IEEPA tariffs were overturned by the Supreme Court, and officials describe tariff revenue as a melting ice cube, making full replacement of income tax unlikely and potentially costly for consumers and the broader economy.