All articles tagged with #revenue
OpenAI generated about $5.7 billion in revenue in the first quarter, led by Codex and enterprise ChatGPT sales, roughly $1 billion more than rival Anthropic; growth also came from selling to businesses and testing ads on ChatGPT, though Anthropic’s momentum could narrow the gap later this year.
SpaceX disclosed its finances for the first time ahead of a potential public listing, reporting $18.7 billion in revenue for 2025 (up 33% year over year) and $4.7 billion in the first quarter of 2026, highlighting the profitability of its rocket-launch and satellite internet businesses as it readies for an IPO.
Walmart is scheduled to report its Q1 FY27 earnings on May 21, with consensus for EPS of $0.66 and revenue of about $174.84 billion. The stock has climbed about 21% year-to-date on steady grocery demand, solid e‑commerce growth, and rising ad revenue. Analysts have lifted price targets (e.g., Piper Sandler to $137, Bernstein to $145) and maintain a Strong Buy with roughly 5% upside to around $141. Post-earnings options imply about a 4.8% move in either direction.
Forza Horizon 6’s Premium Edition, priced at $120, appears to have generated around $140 million in revenue before the global May 19 launch, based on DayOne data showing nearly 1.2 million premium copies and Steam player counts in the high hundreds of thousands; the game is scoring strongly on Metacritic and attracting modding activity, with Insider Gaming planning ongoing coverage as the launch expands.
Cisco announced Q3 2026 revenue of $15.8 billion (up 12% YoY) while revealing layoffs of up to 4,000 employees (<5% of the workforce) as it realigns investments toward silicon, optics, security, and AI. The company expects up to $1 billion in pre-tax charges and will provide severance, job placement assistance, and a year of Cisco U training for affected workers.
Cisco topped Q3 expectations with adjusted EPS of $1.06 on revenue of $15.84 billion (up 12% y/y), driven by a 25% rise in networking revenue and strong AI infrastructure orders that lifted the AI outlook; it guided Q4 to about $1.16-$1.18 in adjusted EPS on $16.7-$16.9 billion in revenue and announced headcount reductions of under 5% of staff. Shares jumped roughly 17% in after-hours trading as investors bet on AI-fueled growth.
Alibaba reported for the quarter ended March 31, 2026: revenue RMB243.38B (US$35.28B), up 3% YoY (11% like-for-like excluding Sun Art/Intime), with net income RMB23.50B and non-GAAP net income RMB86M. Cloud Intelligence revenue grew 40% externally, AI-related product revenue reached RMB8.97B and the Qwen portfolio expanded with advances in MaaS and enterprise agents; AI-related product revenue has grown triple-digit for the 11th straight quarter. The board approved a annual dividend of US$1.05 per ADS (about US$2.5B total) to be paid around July 2026. Full-year revenue RMB1,023.67B and net income RMB102.13B. Cash and liquid investments stood at RMB520.8B as Alibaba continues heavy AI+Cloud investments.
Barcelona sealed the La Liga title with a 2-0 win over Real Madrid at Spotify Camp Nou and set a record €16.4m revenue for El Clasico, driven by high demand, VIP packages, and a 62,213-attendee crowd ahead of capacity upgrades.
Streaming platforms are shifting from a pure subscription model to hybrids with advertising, and Netflix is leading the change by raising its ad-free plan to about $20/month while expanding an ad-supported tier at $9. With 325 million subscribers and hundreds of billions of hours watched, Netflix argues that ad engagement can deliver similar lifetime value as subscriptions, forecasting ad revenue to hit about $3 billion in 2026. Growth is increasingly driven by ad-supported signups (roughly 71% of new subscribers), and consumers are willing to trade ads for lower prices, signaling a tipping point where advertising becomes a core driver of streaming revenue.
Airbnb posted Q1 2026 revenue of $2.68 billion (up 18%) and adjusted earnings of 26 cents per share, missing the 29-cent consensus, with net income of $160 million. The company raised its full-year revenue growth guidance to the low-to-mid teens and anticipates strong summer demand for the FIFA World Cup, planning to host the most guests ever for an event. Gross bookings rose 19% to $29.2 billion and nights/seats booked climbed 9% to 156.2 million, while cancellations were slightly higher in EMEA and APAC due to the Iran conflict. A roughly 100-basis-point headwind is expected in Q2, though management remains optimistic amid continued momentum.
CVS Health beat Q1 estimates across all segments, delivering adjusted earnings of $2.57 per share on $100.43 billion in revenue and raising full-year guidance to $7.30–$7.50 per share and at least $405 billion in revenue, driven by improving performance in Aetna and ongoing cost cuts, store closures, and leadership changes as part of its turnaround; shares rose in premarket trading.
Shopify (SHOP) posted a Q1 2026 net loss of $581 million, reversing a prior profit, even as gross merchandise volume rose 35% year over year to $100.74 billion and total revenue increased 34% to $3.17 billion. Adjusted EPS came in at $0.36 with adjusted net income of $471 million (up 40% YoY). MRR climbed 17% to $212 million. The company raised Q2 revenue guidance to a high-twenties rise (25-29%). Analysts maintain a Strong Buy with a ~$162 target, implying about 41% upside, while the stock slid roughly 8% on the news.
Ferrari beat Wall Street expectations for Q1 2026 with adjusted EPS of 2.33 euros and revenue of 1.85 billion euros, reaffirming full-year guidance of 7.5 billion euros in net revenues and at least 2.22 billion euros in adjusted operating profit, while deliveries fell 4.4% as production slowed to support a model changeover, ahead of the May 25 debut of its first fully electric vehicle, the Luce.
Chipotle reported Q1 2026 revenue of about $3.09 billion, up 7.4% year over year, with comparable restaurant sales up 0.5% as higher transactions offset a modest per-check decline. Operating margin fell to 12.9% and adjusted margin to 23.7% from a year earlier. Net income was $302.8 million ($0.23 per diluted share), with adjusted net income of $316.2 million ($0.24). The company opened 49 company-owned restaurants (42 with Chipotlanes) and digital sales accounted for 38.6% of revenue. Food, beverage and packaging costs rose, labor costs increased, and general and administrative expenses rose as well. Chipotle repurchased $701 million of stock in the quarter and maintained $1.0 billion of repurchase capacity. For 2026, management expects roughly flat comparable sales, 350–370 new openings (including 10–15 international), about 80% of company-owned restaurants with Chipotlanes, and a 24–26% underlying tax rate, as part of its Recipe for Growth strategy and leadership updates.
Coca-Cola beat Q1 2026 expectations with adjusted EPS of 86 cents on revenue of $12.47 billion, and raised its full-year outlook to 8-9% in comparable EPS growth (from 7-8%), with organic revenue growth seen at 4-5%. Organic revenue rose about 10% in the quarter, while unit case volume grew 3%, aided by strong premium brands amid mixed demand. Shares rose about 2% in premarket trading.