Earnings Reports - US
A curated hub for company earnings. Here you will find concise, investor-grade summaries of each earnings call alongside the full call audio.
What you’ll find
- Key results: revenue, EPS, margins, cash flow, and guidance.
- Business drivers: segment performance, growth initiatives, risks.
- Management remarks & Q&A highlights: material quotes and context.
- Source materials: links to filings, investor decks, and our brief view.
How to use
- Select a quarter and company.
- Read the 2–3 minute summary to understand the headline narrative.
- Play the call on the page for full context
Clear structure, neutral language, and actionable highlights—so you can stay current without sitting through an hour-long call.
NVIDIA (NVDA) Q4 FY2026 Earnings — Core Brief Edition
Financial Market Insights
Core-Brief
💳 Salesforce (CRM) Q4 FY2026 Earnings — Core Brief Edition
Financial Market Insights
Core-Brief
TSMC (TSM) Q4 2025 Earnings — Core Brief Edition
Headline: Q4 beat its own guidance on margin and leading-edge mix, then guided Q1’26 to another step-up with 63–65% GM and +38% YoY revenue growth (midpoint), while raising AI-accelerator growth outlook to mid–high-50% CAGR (2024–2029). Key Metrics * Q4 revenue (USD): $33.7B (+1.9% QoQ), slightly
Core-Brief
Tesla (TSLA) Q4 2025 Earnings — Core Brief Edition
Headline: Tesla framed 2026 as an “infrastructure + autonomy” pivot year—> $20B capex guided, Model S/X wind-down, expanding unsupervised Robotaxi, and scaling Optimus + in-house AI chips. Key Metrics * Automotive margin (ex-credits): 17.9% (up from 15.4% QoQ). * FSD paid customers: ~1.1M globally; ~70% upfront purchases. * Energy revenue (FY)
Core-Brief
PayPal (PYPL) Q4 2025 Earnings — Core Brief Edition
Headline: Solid FY25 profit delivery and diversification, but branded online checkout momentum broke late in the year—prompting a CEO change and a 2026 “rebuild year” guide with heavier investment and flatter margins. Key Metrics * FY25 TPV: $1.8T (+7% YoY; +6% currency-neutral). * Q4 TPV: $475B (+9% YoY; +6% currency-neutral)
Core-Brief
Netflix (NFLX) Q4 2025 Earnings — Core Brief Edition
Headline: Netflix leaned into an “expand + monetize” playbook—strong 2025 delivery, a $51B 2026 revenue outlook, accelerating ads, and broader format expansion (live, podcasts, games), alongside a major strategic M&A push. Key Metrics * FY2025 revenue growth: +16%. * FY2025 operating profit growth: ~+30%; margins expanded; free cash flow grew (no
Core-Brief
Meta Platforms (META) Q4 2025 Earnings — Core Brief Edition
Headline: Meta closed 2025 with strong ad momentum and a sharp capex + cost step-up to fund “personal superintelligence,” while Reality Labs losses likely peak before gradually improving. Key Metrics * Family of Apps revenue: $58.9B (+25% YoY). * Family of Apps ad revenue: $58.1B (+24% YoY; +23% constant currency). * Ad
Core-Brief
Microsoft (MSFT) FY2026 Q2 Earnings — Core Brief Edition
Headline: Cloud hit a new milestone and Azure stayed hot, but the narrative was dominated by AI capex intensity and how Microsoft is allocating scarce GPU/CPU capacity across Azure + first-party Copilots + R&D. Key Metrics * Total revenue: $81.3B (+17% YoY; +15% CC). * Gross margin: 68.0% (down slightly
Core-Brief
Morgan Stanley (MS) Q4 2025 Earnings — Core Brief Edition
Headline: A record $70.6B year, with Wealth + Institutional firing together: $10.21 EPS, 21.6% ROTCE, and $9.3T client assets—while management kept long-term targets unchanged to emphasize “higher lows” discipline through the cycle. Key Metrics * Net revenue (FY25): $70.6B (record) * Net revenue (Q4): $17.9B * EPS
Core-Brief
Eli Lilly (LLY) Q4 2025 Earnings — Core Brief Edition
Headline: Lilly capped a blockbuster 2025 with +45% revenue growth and laid out 2026 guidance for $80–$83B revenue and $33.50–$35.00 EPS, balancing industry-leading volume growth against a low-to-mid-teens pricing headwind as obesity access expands (Medicare Part D) and orals arrive in Q2 2026. Key Metrics (bulleted)
Core-Brief
JPMorgan Chase (JPM) Q4 2025 Earnings — Core Brief Edition
Headline: A strong Q4 ($13.0B net income; $4.63 EPS; 18% ROTCE) with +7% YoY revenue growth, standout Equities strength, big AUM inflows, and a 2026 setup that leans on ~$95B NII ex-markets while spending ramps to defend the franchise. Key Metrics (bulleted) * Net income: $13.0B; EPS: $4.
Core-Brief
Johnson & Johnson (JNJ) Q4 2025 Earnings — Core Brief Edition
Headline: J&J exited 2025 with broad-based momentum (despite a large Stelara headwind), guided to ~$100B+ 2026 revenue, and reiterated line-of-sight to double-digit growth by the back half of the decade—supported by oncology/immunology launches, MedTech acceleration, and continued portfolio reshaping (Ortho separation). Key Metrics * Q4 worldwide sales: $24.
Core-Brief
Intel (INTC) Q4 2025 Earnings — Core Brief Edition
Headline: Intel beat Q4 guidance on revenue, gross margin, and EPS, but flagged a Q1’26 supply trough as buffer inventory is depleted; AI-led demand remains strong across client, server, networking, and custom ASIC. Key Metrics * Revenue: $13.7B (high end of guide). * Non-GAAP gross margin: 37.9% (+140 bps
Core-Brief
Goldman Sachs (GS) Q4 2025 Earnings — Core Brief Edition
Headline: Goldman capped a strong 2025 with $14.01 EPS and 16% ROE in Q4, leaned harder into a “capital-light” mix (AWM + financing), raised shareholder returns (dividend), and struck a major strategic exit by agreeing to transition the Apple Card portfolio. Key Metrics * Q4 revenue: $13.5B * Q4 EPS: $14.
Core-Brief
Walt Disney (DIS) Q1 2026 Earnings — Core Brief Edition
Headline: Disney opened FY26 with strength in Studios + Parks and accelerating streaming profitability, while ESPN’s new “Unlimited” app + NFL assets aim to deepen engagement and steady subs. Key Metrics (from transcript) * Studio box office (CY2025): $6.5B+ global box office; Disney’s #1 global box office studio 9 of
Core-Brief
Chevron (CVX) Q4 2025 Earnings — Core Brief Edition
Headline: Strong execution and cash returns despite softer pricing, with record 2025 production, a +4% dividend hike, and a widening set of advantaged growth options (Permian, Gulf, Guyana, East Med, Venezuela). Key Metrics (bulleted) * Reported earnings: $2.8B; EPS: $1.39. * Adjusted earnings: $3.0B; EPS: $1.52. * Cash flow
Core-Brief
Amazon.com (AMZN) Q4 2025 Earnings — Core Brief Edition
Headline: Amazon posted broad-based strength led by re-accelerating AWS and Ads, while leaning hard into AI infrastructure with ~$100B planned capex (mostly AWS) and reiterating confidence in ROIC. Key Metrics * Net sales (revenue): $213.4B (+12% YoY; includes +150 bps FX benefit). * Operating income: $25.0B (includes $2.4B of
Core-Brief
AMD (AMD) Q4 2025 Earnings — Core Brief Edition
Headline: AMD capped a record 2025 with Q4 revenue up +34% YoY to $10.3B, driven by Data Center (EPYC + Instinct) and record client strength—while setting up a 2H26 AI inflection on MI450 + Helios. Key Metrics * Non-GAAP revenue (Q4): $10.3B (+34% YoY, +11% QoQ). * Net income (Q4): $2.
Core-Brief
💳 Apple (AAPL) Q1 FY2026 Earnings — Core Brief Edition
Headline: Apple posted a blowout December quarter led by iPhone strength and record services, while flagging near-term iPhone supply constraints and rising memory costs as key variables into March. Key Metrics * Total revenue: $143.8B (+16% YoY) * Products revenue: $113.7B (+16% YoY) * Services revenue: $30.0B (+14% YoY) * Gross
Core-Brief
🧠 Nvidia (NVDA) Q3 FY2026 Earnings — Core Brief Edition
Headline: Nvidia prints another record quarter and lifts near-term guidance, but working-capital strain, circular AI financing structures, and early margin compression buried in the filings are now as important to watch as the top-line beat. Key Metrics 📊 * Total revenue (GAAP): $57.0B (+62% YoY, +22% QoQ, +$10B seq.) * Data Center
Core-Brief
🏎️ Rivian ($RIVN) Q3 2025 Earnings — Core Brief Edition
Headline: R2 on track for 1H26 launch; software/JV momentum lifts mix while 2025 guidance is reaffirmed and cost/ tariff headwinds ease into Q4. 📊 Key Metrics * Consolidated revenue (GAAP): $1,600M. * Gross profit (GAAP): $24M (includes $125M depreciation; $24M SBC). * Adjusted EBITDA: -$602M. * Automotive revenue: $1,100M; Automotive gross
Core-Brief
🖧 Arista Networks (ANET) Q3 2025 Earnings — Core Brief Edition
Headline: Record Q3 on AI demand; FY25 guide intact and FY26 revenue target set at $10.65B, with near-term gross margin pressure from AI/Cloud mix and tariffs. Key Metrics * Non-GAAP revenue: $2.30B (+27.5% YoY). * Non-GAAP gross margin: 65.2% (mix and inventory benefits). * Operating income: $1.12B
Core-Brief
🖥️ Super Micro Computer (SMCI) Q1 FY2026 Earnings — Core Brief Edition
Headline: AI server ramp drives record orders but near-term gross margin compression; Q2 sales guided to $10–$11B and full-year raised to ≥$36B as DCPS “AI factory” strategy scales. 📊 Key Metrics * Net revenue: $5.0B (-15% YoY, -13% QoQ; below prior $6–$7B guide). * Non-GAAP gross margin: 9.5%. * Non-GAAP
Core-Brief
🧠 AMD Q3 2025 Earnings — Core Brief Edition
Headline: Record quarter on broad-based strength—Data Center and Client lead; AI accelerators ramping now, with MI450/Helios set to drive the next leg in 2026. Key Metrics (per call’s non-GAAP framing) * Revenue: $9.2B (+36% YoY). * Gross margin: 54.0%. * Operating income: $2.2B (24.0% margin). * Diluted
Core-Brief
🧠 Palantir (PLTR) Q3 2025 Earnings — Core Brief Edition
Headline: Record +63% revenue growth with Rule of 40 = 114; US Commercial +121% YoY; guidance raised on revenue and profitability as AIP deployments scale across enterprises. Key Metrics 📊 * GAAP revenue: $1.181B (+63% YoY, +18% QoQ). * Adjusted gross margin: 84%. * Adjusted income from operations: $601M (51.0% margin). * GAAP operating
Core-Brief
⛽ Exxon Mobil (XOM) Q3 2025 Earnings — Core Brief Edition
Headline: Upstream engine delivered records in Guyana and the Permian; 2025 project wave on track, tech-led efficiency compounding, capex paced below plan as new markets mature. 🔑 Key Metrics * Guyana production: >700,000 bpd in the quarter; 4th and largest FPSO came online 4 months early with 250,000 bpd nameplate.
Core-Brief
🛢️ Chevron (CVX) Q3 2025 Earnings — Core Brief Edition
🛢️ Chevron (CVX) Q3 2025 Earnings — Core Brief Edition Headline: Record production, strong cash generation, and Hess integration synergies drove a solid quarter; FY capex and production outlooks intact ahead of Nov 12 Investor Day. 📊 Key Metrics * GAAP net income: $3.5B; EPS: $1.82. * Adjusted net income: $3.6B; EPS:
Core-Brief
Amazon Q3 2025 — Core Brief Edition
1) Core takeaways * Amazon just printed a big AI/cloud quarter: Revenue $180.2bn (+12% YoY), operating income $17.4bn, and they basically said “it was actually $21.7bn” if you strip out the $2.5bn FTC settlement + $1.8bn severance. * AWS re-accelerated to 20.2% YoY — that’s the
Core-Brief
Apple Q4 FY25 – Core Brief Edition
1) Print to know * Revenue: $102.5B (+8% YoY) – September quarter record * Services: $28.8B (+15% YoY) – all-time high * Products: $73.7B (+5% YoY) * EPS: $1.85 – September quarter record * FY25 revenue: $416B – all-time record 2) What drove it * iPhone: $49B (+6% YoY) – strongest Sept. lineup ever (iPhone 17 family)
Core-Brief
Roblox Q3 2025 – Core Brief Edition
1) Headline takeaways * DAU: 151.5M (+70% YoY) * Engagement: 39.6B hours (+91% YoY) * Revenue: $1.36B (+48% YoY) * Bookings: $1.92B (+70% YoY) * Paying users (MUP): 35.8M (+88% YoY) * DevEx paid to creators: $428M (+85% YoY), +250% vs 2 yrs ago 2) Core Brief read
Roblox just printed
Core-Brief
LLY Q3 2025 Earnings | Core-Brief
1) Headline quarter * Revenue +54% y/y vs Q3’24 — huge for a company this size. * Growth was driven by the GLP-1/twin incretin franchise (Mounjaro / Zepbound) plus newer launches. * Strength was broad enough that they raised 2025 guidance to $63.0–63.5B revenue and $23.00–23.70
Core-Brief
Alphabet Q3 2025 Earnings | Core-Brief
1) Headline * Alphabet posted its first-ever $100B+ quarter: $102.3B revenue, +16% y/y (15% cc). * AI is no longer a story, it’s a revenue engine across Search, Cloud, YouTube and Subscriptions. * Operating income $31.2B; margin 30.5% (would’ve been ~34% ex-EC fine). 2) AI is the
Core-Brief
Mastercard Q3 2025 Earnings | Core-Brief
1. Core print * Net revenue: up +15% y/y (cc). * Value Added Services & Solutions (VAS): up +22% y/y (≈19% organic, +3ppt from Recorded Future/Minoa). * Operating expenses: +14% (partly M&A, partly infra, products, marketing). * EPS: $4.38, helped by $3.3B buybacks (another $1.2B after Sept. 30)
Core-Brief
Meta Q3 2025 Earnings - Core Brief Edition
1. Headline results * Revenue: $51.2B, +26% y/y (25% cc). * Operating income: $20.5B, 40% operating margin. * Net income was dragged by a one-time U.S. tax law charge; without it EPS would’ve been $7.25. * Family of Apps revenue: $50.8B, still the growth engine. * Cash & marketable
Core-Brief
🖥️ Microsoft FY26 Q1 Earnings — Core Brief Edition
Microsoft opened FY26 with AI-driven outperformance across Cloud, Copilot and Azure, a record commercial bookings surge (boosted by OpenAI), and a capacity-constrained AI buildout that will keep capex high as demand arrives faster than supply. 1) Big Numbers * Revenue: $77.7B (+18% YoY, +17% cc) * Microsoft Cloud: $49.1B (+26%
Core-Brief
SoFi Technologies Q3 2025 Earnings — Core Brief Edition
💳 SoFi Technologies Q3 2025 Earnings — Core Brief Edition Headline:
SoFi posted another record quarter and raised full-year guidance, powered by strong member/product growth, a surge in fee-based and capital-light revenue, and accelerating product innovation across blockchain and AI. Key Metrics (Q3 2025, YoY unless noted): * Adjusted net revenue: $950M
Core-Brief
Visa FY’25 Earnings — Core Brief Summary
Headline:
Visa capped FY’25 with double-digit revenue growth, expanded tokenization & stablecoin rails, rolled out next-gen VisaNet, and leaned into agentic commerce standards. FY’26 outlook: low-double-digit adj. net revenue & EPS growth. Quarter/Full-Year at a glance * FQ4 revenue: $10.7B, +12% Y/Y; EPS +10%. * FY’25 revenue: $40B,
Core-Brief
PayPal Q3 2025 Earnings — Core Brief Summary
Headline:
PayPal delivered another quarter of broad-based improvement, raised FY guidance for TM dollars and non-GAAP EPS, initiated a dividend, and leaned into BNPL, Venmo, omnichannel, and “agentic commerce” partnerships (Google, OpenAI, Perplexity). Quarter at a glance * TPV: $458B, +7% CC (+8% spot). * Transaction margin dollars (ex-interest): +7%; diversified drivers
Core-Brief
🩺 UnitedHealth Group Q3 2025 Earnings Summary — Core Brief Edition
Headline:
UnitedHealth Group (UNH) beat Q3 expectations and outlined a cautious but confident path toward recovery and double-digit growth beyond 2026. Key Highlights: * EPS & Revenue: Adjusted EPS came in at $2.92, slightly ahead of guidance. Revenue reached $113B, up 12% YoY, with total U.S. membership above 50M. * Margins
Core-Brief