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Technology Earnings Report — 2026-06-26 to 2026-08-10

Report generated: 2026-08-10 07:37:16 EDT

Overview

Companies reported: 264 (2026-06-26 - 2026-08-10). The Technology sector delivered broad-based revenue and earnings expansion, primarily driven by surging demand for AI infrastructure, cloud computing, and advanced semiconductor equipment. This growth was led by major players like Sandisk (SNDK), which reported a 372% revenue increase following its separation, and AMD (AMD), whose data center segment surged 107% year-over-year. While established leaders such as Microsoft (MSFT) and Apple (AAPL) posted double-digit gains supported by cloud and services resilience, the sector also featured significant outliers with mixed results, including revenue declines at Keel Infrastructure (KEEL) and Bumble (BMBL) due to specific operational and macroeconomic headwinds.

Leaderboard

Top 5 by Revenue Growth (YoY)

# Company Ticker Revenue Growth YoY Revenue
1 Red Cat Holdings RCAT 527% $20.2 million
2 Palladyne AI Corp PDYN 470% $5.8 million
3 Sandisk Corp SNDK 372% $8.97 billion
4 IonQ Inc IONQ 287% $80.1 million
5 Rigetti Computing Inc RGTI 183% $5.1 million

Note: Sandisk Corp (SNDK) reported a 372% increase due to its separation from Western Digital Corporation, while Palladyne AI (PDYN) and IonQ (IONQ) reflect growth from early-stage commercialization and deployment scaling.

Top 5 by Net Income Growth (YoY)

# Company Ticker Net Income Growth YoY Net Income
1 ACM Research Inc ACMR 199% $89.0 million
2 Insight Enterprises Inc NSIT 65% $77.6 million
3 Avnet Inc AVT 65% $5.67 (EPS)
4 Sandisk Corp SNDK n/a $6.90 billion
5 Western Digital Corp WDC n/a $24.28 (EPS)

Note: Net income growth rates for Sandisk (SNDK) and Western Digital (WDC) are not listed as the prior year period values were not provided in the summaries to calculate a percentage; Sandisk reported a GAAP net income of $6.90 billion in Q4 2026 compared to a $23 million loss in the prior year.

Themes

  • AI infrastructure demand is a primary growth driver, with companies like AMD (AMD), Microsoft (MSFT), and Sandisk (SNDK) reporting double-digit to triple-digit revenue increases in data center, cloud, and storage segments, while others such as Cloudflare (NET) and Datadog (DDOG) pivot strategies toward agentic AI and machine-to-machine traffic.
  • Semiconductor and equipment sectors are experiencing a cyclical upturn, evidenced by strong revenue growth at AMD (AMD), Micron (SNDK), and equipment providers like ACM Research (ACMR), Onto Innovation (ONTO), and Lam Research (LRCX), driven by advanced packaging, high-bandwidth memory, and AI compute requirements.
  • Software-as-a-Service (SaaS) and recurring revenue models continue to show resilience, with firms like Shopify (SHOP), Atlassian (TEAM), and Figma (FIG) reporting robust ARR growth and high net dollar retention rates, often outpacing broader market growth despite macroeconomic headwinds.
  • Capital allocation remains aggressive across the sector, with significant share repurchase activity observed at Apple (AAPL), Microsoft (MSFT), and Adobe (ADBE), alongside dividend increases at companies like Microchip (MCHP) and Garmin (GRMN), signaling confidence in cash flow generation.
  • Mergers and acquisitions are active, with major transactions including the pending acquisition of Payoneer (PAYO) by Nuvei, the merger of Synaptics (SYNA) with onsemi, and strategic acquisitions by Flex (FLEX) and Sanmina (SANM) to expand capabilities in AI and cloud infrastructure.
  • Cost management and margin expansion are key themes, with companies like Netgear (NTGR), Turtle Beach (TBCH), and Corsair (CRSR) leveraging tariff refunds and operational efficiencies to improve gross margins, while others like Cisco (CSCO) and Oracle (ORCL) face pressure from supply chain constraints and inventory adjustments.
  • Geopolitical risks and trade policy impacts remain a concern, with companies such as Netgear (NTGR), Clearfield (CLFD), and others citing tariff uncertainties, supply chain disruptions, and export controls as factors influencing guidance and operational planning.
  • Energy and sustainability trends are influencing hardware demand, with solar and energy storage companies like First Solar (FSLR), Enphase (ENPH), and Array Technologies (ARRY) reporting mixed results driven by inventory levels, regulatory changes, and the integration of AI into energy management systems.
  • Cybersecurity and data privacy solutions are seeing increased adoption, with firms like Fortinet (FTNT), Qualys (QLYS), and Tenable (TENB) reporting strong billings and revenue growth as enterprises prioritize defense against AI-driven threats and regulatory compliance.
  • The transition to cloud-native and hybrid infrastructure is accelerating, with companies like DigitalOcean (DOCN), Backblaze (BLZE), and Core Scientific (CORZ) benefiting from the demand for scalable compute resources, colocation services, and specialized AI workloads.

Market Outlook & Trends

  • Revenue growth in the sector is being driven by AI infrastructure demand, with companies like AMD (AMD), Microsoft (MSFT), and Celestica (CLS) reporting double-digit to triple-digit increases in data center and cloud-related sales, while semiconductor equipment firms such as ACM Research (ACMR), Onto Innovation (ONTO), and Lam Research (LRCX) cite strong order activity for advanced packaging and AI compute tools.
  • Backlog and capacity utilization remain robust for industrial and defense technology providers, with Keel Infrastructure (KEEL) citing a 2.2 GW development pipeline, CACI International (CACI) reporting a $32.0 billion backlog, and Motorola Solutions (MSI) reaching a record $15.6 billion backlog, though some firms like Netgear (NTGR) and Clearfield (CLFD) note supply chain constraints and memory cost headwinds impacting margins.
  • Pricing power and margin expansion are evident in segments benefiting from tariff refunds and product mix shifts, as seen with Turtle Beach (TBCH), Corsair Gaming (CRSR), and Enphase Energy (ENPH) realizing significant gross margin improvements, while others like Netgear (NTGR) and Vantage Networks (VISN) warn of 200 basis point combined gross margin headwinds due to memory costs and supply constraints.
  • Strategic pivots toward AI-native capabilities and agentic workflows are accelerating across the software sector, with companies like Grindr (GRND), Cloudflare (NET), and Shopify (SHOP) integrating AI into core products to drive user engagement and revenue, while software infrastructure firms such as Datadog (DDOG) and Dynatrace (DT) highlight AI-driven tool adoption as a key growth vector.
  • M&A activity and consolidation are reshaping the competitive landscape, with pending or completed transactions including Synaptics (SYNA) merging with onsemi, Payoneer (PAYO) being acquired by Nuvei, and DoubleVerify (DV) being acquired by Nielsen, leading some firms to suspend guidance or future earnings calls to focus on integration.
  • Capital allocation strategies are shifting toward deleveraging and share repurchases, with major players like Apple (AAPL), Microsoft (MSFT), and Fortinet (FTNT) returning billions to shareholders, while others like I3 Verticals (IIIV) and N-able (NABL) face liquidity pressures or debt increases due to acquisition costs and strategic investments.
  • Risks identified by management include geopolitical tensions and trade policy impacts, particularly for semiconductor and equipment firms like ACM Research (ACMR) and Qorvo (QRVO), alongside cybersecurity threats and IT spending volatility noted by N-able (NABL) and DoubleVerify (DV), and regulatory compliance challenges facing Grindr (GRND) and Uber (UBER).
  • The transition to recurring revenue models continues to strengthen balance sheets for SaaS providers, with companies like N-able (NABL), Atlassian (TEAM), and Shopify (SHOP) reporting strong ARR growth and high net dollar retention, although some firms like Bumble (BMBL) and Uber (UBER) face challenges with user retention and third-party distribution fees.
  • Cash flow generation remains a key differentiator, with firms like Sandisk (SNDK), Western Digital (WDC), and Microsoft (MSFT) generating record free cash flow to fund debt reduction and acquisitions, while early-stage AI and hardware companies like Rigetti Computing (RGTI) and D-Wave Quantum (QBTS) continue to manage significant cash burn despite strong booking growth.
  • Seasonal and macroeconomic headwinds are influencing near-term outlooks, with companies like First Solar (FSLR) and Sunrun (RUN) adjusting guidance due to channel volumes and capital costs, while others like Netgear (NTGR) and Vantage Networks (VISN) anticipate margin compression in the second half of 2026 due to inventory and supply chain dynamics.

Key Numbers

  • AMD (AMD) reported Q2 revenue of $11.5 billion, up 50% year-over-year, driven by a 107% surge in Data Center revenue to $6.7 billion, while GAAP net income rose 163% to $2.3 billion.
  • Microsoft (MSFT) posted Q4 revenue of $90.0 billion, up 18% year-over-year, with Microsoft Cloud revenue reaching $59.3 billion (up 27% YoY) as Azure revenue surpassed $100 billion for the first time in fiscal 2026.
  • Shopify (SHOP) achieved Q2 revenue growth of 34% year-over-year to $3.583 billion, with net income rising to $1.502 billion and free cash flow increasing 55% to $654 million.
  • Apple (AAPL) recorded Q3 revenue of $109.4 billion, up 16% year-over-year, with diluted EPS increasing 29% to $2.02, supported by double-digit growth across major product categories and Services.
  • Lam Research (LRCX) reported Q4 revenue of $6.72 billion, a 30% year-over-year increase, with GAAP diluted EPS rising 34% to $1.81 and GAAP gross margin expanding to 51.7%.
  • Fortinet (FTNT) saw Q2 revenue grow 26% year-over-year to $2.05 billion, with GAAP EPS rising 44% to $0.82 and billings surging 33% to $2.37 billion.
  • Flex (FLEX) reported Q1 FY27 net sales of $7.9 billion, up 21% year-over-year, with record adjusted net income of $374 million ($1.00/share).
  • Celestica (CLS) posted Q2 revenue of $4.70 billion, a 62% year-over-year increase, with adjusted EPS reaching $2.54 and management raising full-year 2026 revenue guidance to $20.5 billion.
  • Sanmina (SANM) reported Q3 FY26 revenue of $3.46 billion, up 69% year-over-year, with Non-GAAP diluted EPS rising to $3.31 following the acquisition of ZT Systems.
  • NXP Semiconductors (NXPI) achieved Q2 revenue of $3.50 billion, up 19% year-over-year, with Non-GAAP diluted EPS increasing 33% to $3.61 and Non-GAAP gross margin improving to 58.0%.

Outliers

  • Sandisk (SNDK) posted record Q4 revenue of $8.97 billion, up 372% year-over-year, driven by a 103% sequential surge in datacenter revenue and an 84.6% GAAP gross margin.
  • Apple (AAPL) reported a 16% year-over-year revenue increase to $109.4 billion, supported by double-digit growth across all major product categories and record Services performance.
  • Microsoft (MSFT) achieved $90.0 billion in quarterly revenue with Azure growing 43% year-over-year, while Microsoft 365 Copilot surpassed 30 million paid seats.
  • Keel Infrastructure Corp (KEEL) reported a 50% year-over-year revenue decline to $30.4 million and a widened operating loss of $140.8 million due to higher G&A expenses and depreciation.
  • Universal Electronics (UEIC) saw GAAP net sales fall 25% year-over-year to $73.2 million, though profitability improved following a global reduction in force and margin expansion.
  • Bumble (BMBL) recorded a 15.2% year-over-year revenue decline to $210.5 million alongside a 16.4% drop in paying users and reduced Adjusted EBITDA.
  • Fiserv (FISV) reported a 4% year-over-year revenue decline to $5.29 billion and a 37% drop in GAAP EPS, leading to a revised 2026 outlook projecting flat to negative organic revenue growth.

25 most recent Technology earnings

  1. CEVATechnology

    Ceva, Inc. — Second Quarter 2026 Earnings Summary

    CEVA INC

    Total revenue increased 13% year-over-year to $29.0 million, driven by a 21% year-over-year rise in licensing revenues to $18.2 million and a 17% sequential increase in royalties. GAAP operating loss narrowed to $2.1 million from $4.5 million in the prior year period, while non-GAAP operating income improved to $3.1 million, expanding the non-GAAP operating margin to 11% from 3%. Strategic momentum continued with 10 new IP licensing agreements, including a platform customer selection for NeuPro-M NPU IP and expanded baseband subsystem licensing with an existing U.S. customer. Cash and cash equivalents grew to $44.3 million as of June 30, 2026, up from $40.6 million at the end of 2025, supported by strong wireless connectivity shipments and automotive AI program ramps.

  2. NABLTechnology

    N-able — Second Quarter 2026 Earnings Summary

    N-ABLE INC

    Q2 2026 total revenue reached $138.2 million (up 5.9% YoY), with subscription revenue at $137.1 million (up 6.1% YoY) and Total ARR growing 6.0% YoY to $544.5 million; non-GAAP net income was $18.7 million ($0.10/share) with Adjusted EBITDA of $39.9 million (28.9% margin). Full-year 2026 guidance was raised to $562M–$565M for ARR (4%–5% growth), $539M–$542M for revenue (6%–7% growth), and $158M–$161M for Adjusted EBITDA (29%–30% margin), alongside Q3 revenue guidance of $134.5M–$135.5M. Strategic initiatives include the launch of "Shadow AI Visibility," the "Empower 2027" engagement series, a new Global Capability Centre in Bengaluru, and the appointment of Russell Rosa as Chief Revenue Officer to accelerate partner-led growth. Management expressed confidence in AI-driven demand and indicated an intention to be active with the share repurchase program, while noting a material weakness identified in Q2 2026 and risks related to IT spending, cyberattacks, and indebtedness.

  3. KEELTechnology

    Keel Infrastructure — Q2 2026 Earnings Summary

    KEEL INFRASTRUCTURE CORP

    Revenue declined 50% year-over-year to $30.4 million, while operating loss widened to $140.8 million from $10.8 million in operating income, driven by a $12 million increase in G&A expenses and higher non-cash depreciation. The company secured $458 million via a convertible note offering, bringing total liquidity to $819 million, while simultaneously winding down its Bitcoin position by selling 1,085 BTC for $75 million. Strategic operations have pivoted from legacy mining to North American high-performance computing, with U.S. mining fully decommissioned and priority sites in Sherbrooke, Panther Creek, and Sharon advancing through permitting and design phases. Management appointed Ganesh Aiyer as President to lead expansion, citing a 2.2 GW development pipeline and strong tenant negotiations as sites near full permitting, with power identified as the primary constraint.

  4. CTMTechnology

    Castellum — Second Quarter and First Half 2026 Earnings Summary

    CASTELLUM INC

    First half 2026 revenue rose 10% year-over-year to $28.2 million, while Q2 revenue remained stable at $13.9 million; however, Adjusted EBITDA declined to $0.4 million for the half and $0.03 million for Q2, and gross margin contracted to 34% in Q2 from 36% in the prior year quarter. Management projects full-year 2026 revenue to reach record levels, supported by a $271.7 million backlog with 16% expected to be recognized over the next 12 months and 48% over the next 24 months. The company secured significant strategic wins, including CMMC Level 2 certification, a $4.0 million U.S. Navy ADMACS subcontract, and a position on the $250.0 million LIIS CMDS Logistics IT MAC, while maintaining a debt-free balance sheet with $16.9 million in cash. EBITDA compression reflects front-loaded investments in business development, investor relations, and acquisition activities, which management accepts to build a stronger multi-year growth profile alongside a $953.5 million qualified pipeline.

  5. ACMRTechnology

    ACM Research — Second Quarter 2026 Earnings Summary

    ACM RESEARCH INC

    Q2 2026 revenue reached $292.9 million, a 36.0% year-over-year increase, while net income surged to $89.0 million from $29.8 million in the prior year period. Full-year 2026 revenue guidance was raised to $1.125 billion–$1.175 billion, reflecting 25% to 30% growth driven by strong demand for new products including SPM Cleaning, Track, and PECVD. ECP revenue grew 168% year-over-year, with the company shipping its 2,000th ECP chamber and securing first production orders for 510 × 515 mm tools in mainland China. The company maintains a robust balance sheet with $1.0 billion in net cash and $1.36 billion in total cash equivalents, supporting long-term growth despite operating margin compression to 17.0%. Future outlook remains positive with visibility into 2026 order activity, though risks include international trade policy impacts, supply chain constraints, and tool acceptance timing.

  6. MBGLTechnology

    Mobility Global — Second Quarter 2026 Earnings Summary

    MOBILITY GLOBAL INC

    Total revenue reached $468 million (up 7% YoY), while net income declined to $53 million (11% margin) from $65 million (15% margin) in the prior year period due to significant transaction and integration costs. Adjusted EBITDA rose 7% YoY to $202 million (43% margin), though operating cash flow and free cash flow decreased 19% and 21% respectively compared to Q2 2025. Full-year 2026 guidance was set at $1,870–$1,885 million in revenue and $745–$760 million in Adjusted EBITDA, incorporating carve-out results for H1 and consolidated results for H2. The company launched as an independent public entity on July 1, 2026, incurred $1,981 million in long-term debt, and initiated a quarterly dividend of $0.06 per share. Strategic expansion included the launch of CARFAX Germany and new products (CARFAX Homegrown, CARFAX Showroom), alongside a focus on AI integration and creating "One Mobility Global."

  7. IIIVTechnology

    i3 Verticals — Third Quarter 2026 Earnings Summary

    I3 VERTICALS INC

    Q3 revenue from continuing operations rose 2.2% year-over-year to $53.1 million, while net income turned positive at $3.6 million attributable to the company compared to a $0.4 million loss in the prior year period. Fiscal 2026 guidance was lowered to exclude future acquisitions and transaction costs, with revised revenue guidance set at $216.0–$221.0 million, adjusted EBITDA at $57.0–$60.0 million, and adjusted EPS at $1.08–$1.12. Annualized Recurring Revenue (ARR) grew 8.3% to $174.1 million, though management cited weakness in non-recurring revenue streams and implementation delays as factors impacting quarterly results. Capital structure shifted significantly with cash and cash equivalents declining to $2.6 million from $66.7 million and long-term debt increasing to $114.3 million from zero. Strategic focus remains on recurring revenue sources and the Transportation market, supported by the repurchase of over 20% of outstanding shares since October 2024.

  8. DVTechnology

    DoubleVerify — Second Quarter 2026 Earnings Summary

    DOUBLEVERIFY HOLDINGS INC

    Total revenue increased 3% year-over-year to $193.8 million, while net income rose to $12.9 million and adjusted EBITDA margin expanded to 34%. Revenue growth was driven by a 6% increase in Measurement revenue and a 13% rise in Supply-side revenue, partially offset by a 1% decline in Activation revenue. The company announced an agreement to be acquired by Nielsen Holdings via Neptune BidCo US Inc., effective August 6, 2026. In light of the pending merger, DoubleVerify is suspending future earnings calls and withdrawing all previously issued financial guidance and outlook. The company maintained a strong balance sheet with $210 million in cash and no debt, while repurchasing $100.2 million of shares during the first six months of 2026.

  9. MAPSTechnology

    WM Technology, Inc. — Second Quarter 2026 Earnings Summary

    WM TECHNOLOGY INC

    Q2 2026 revenue declined 5.4% year-over-year to $42.4 million, while net income rose to $2.9 million from $2.2 million; however, Adjusted EBITDA fell sharply to $5.0 million from $11.7 million due to customer margin compression and churn. The company expects Q3 2026 revenue to decline mid-single digits sequentially, assuming no acquisitions, investments, restructurings, or legal settlements occur. Strategic focus remains on strengthening the core Weedmaps marketplace, expanding into underpenetrated states, and allocating resources to marketing and automation to improve operating efficiency. Liquidity remains stable with cash and cash equivalents increasing to $60.5 million, though the company faces risks regarding Nasdaq delisting, OTC market volatility, and material weaknesses in internal controls.

  10. INDITechnology

    indie Semiconductor — Second Quarter 2026 Earnings Summary

    INDIE SEMICONDUCTOR INC

    Q2 2026 revenue reached $64.0 million, a 24% year-over-year increase, while GAAP and Non-GAAP operating losses narrowed to $35.1 million and $8.9 million, respectively, compared to $43.0 million and $14.5 million in the prior year period. The company issued Q3 2026 revenue guidance of $67 million to $73 million, with a midpoint reflecting 30% year-over-year growth driven by $40 million from core business and $30 million from Wuxi indie Micro. Strategic milestones include securing the acquisition of the CMOS Imaging Sensor Business from ams-OSRAM AG, pending the sale of its entire equity interest in Wuxi indie Microelectronics Technology Co., Ltd., and new design wins for the iND881 SoC and 77GHz radar solutions with major global OEMs. Balance sheet adjustments show cash and equivalents declining to $139.0 million and long-term debt rising to $403.7 million as of June 30, 2026, alongside a record quarter for Quantum bookings and expanded presence in Physical AI applications.

  11. GRNDTechnology

    Grindr Inc. — Second Quarter 2026 Earnings Summary

    GRINDR INC

    Q2 2026 revenue reached $138 million, a 33% year-over-year increase, while net income rose to $18 million; full-year 2026 revenue and Adjusted EBITDA guidance were raised to approximately $540 million and $232 million, respectively. Adjusted EBITDA for the quarter was $58 million (42% margin), up from $45.2 million in the prior year period, driven by strong user engagement and organic momentum. The company is transitioning to an "AI-native organization" with an accelerated roadmap for next-generation products like "Edge" and recently executed a landmark partnership with Madonna. The platform serves 15 million average monthly active users across 190 countries, though management notes ongoing risks regarding user retention, regulatory compliance, and geopolitical restrictions.

  12. RCATTechnology

    Red Cat Holdings — Q2 2026 Earnings Summary

    RED CAT HOLDINGS INC

    Total revenue surged 527% year-over-year to $20.2 million, while gross margin improved 39% YoY to 16.1%; however, the net loss widened to $35.3 million ($0.26 per share) compared to $13.3 million in Q2 2025. The company reaffirmed its full-year revenue guidance of $150 million to $180 million and highlighted a strengthened balance sheet with $325.6 million in cash and $84.8 million in inventory. Strategic growth was driven by the acquisition of Quaze Technologies, the introduction of the Hellcat™ platform, and new contracts with the U.S. Air Force and Navy for Black Widow drones and Variant 7 USVs. Management cited scaled deliveries, expanded manufacturing capacity, and a diversified product portfolio as key drivers for the fivefold revenue increase and gross margin expansion.

  13. NTGRTechnology

    NETGEAR — Q2 2026 Earnings Summary

    NETGEAR INC

    Net revenue decreased 1.2% year-over-year to $168.6 million; GAAP operating loss narrowed to $(8.4) million and Non-GAAP operating income improved to $4.0 million, while Non-GAAP EPS rose to $0.16 from $0.06. Guidance for Q3 2026 revenue is set at $165–$175 million, with management forecasting a 200 basis point combined gross margin headwind in the second half of 2026 due to memory costs and supply constraints. Enterprise segment revenue grew 7.7% year-over-year to $89.0 million, now comprising over 50% of total revenue, whereas Consumer segment revenue declined 9.4% to $79.6 million amid cost headwinds. The company repurchased $12.9 million of shares in Q2 (totaling over $116 million since 2024) with $75 million remaining in authorization, while headcount increased to 822. Strategic initiatives include securing significant ProAV customer wins, surpassing 600 manufacturing partners, and acquiring VAAG, Exium, and managed switch source code to drive software differentiation.

  14. PDFSTechnology

    PDF Solutions — Second Quarter 2026 Earnings Summary

    PDF SOLUTIONS INC

    Total Q2 2026 revenue reached $61.5 million, a 19% year-over-year increase from $51.7 million in Q2 2025, while GAAP diluted EPS rose to $0.10 from $0.03 in the prior year period. The company reaffirmed its 20% annual revenue growth target for 2026, supported by a significantly increased backlog of $270.7 million (up from $232.6 million in Q2 2025) and major customer wins for secureWISE, DirectScan, and Exensio. Non-GAAP diluted EPS was $0.27 compared to $0.19 in Q2 2025, though both GAAP and non-GAAP gross margins declined sequentially and year-over-year. Management highlighted strong liquidity with cash and cash equivalents rising to $114.9 million as of June 30, 2026, while noting ongoing legal proceedings and macroeconomic risks as key challenges.

  15. NETTechnology

    Cloudflare — Second Quarter 2026 Earnings Summary

    CLOUDFLARE INC

    Total revenue reached $696.1 million, a 36% year-over-year increase, while Non-GAAP net income rose to $107.8 million ($0.29 per share) compared to $75.1 million in the prior year period. The company reported a GAAP net loss of $170.0 million due to $150.7 million in restructuring charges and a shift toward an "agentic AI-first operating model," which includes an estimated workforce reduction. Full-year 2026 revenue is forecast between $2,864.0 million and $2,870.0 million, with Non-GAAP net income per share projected between $1.25 and $1.26. Strategic positioning has pivoted toward the "Agentic Internet" and machine-to-machine traffic driven by AI answer engines, supported by record growth in paying customers and a 35% year-over-year increase in current RPO.

  16. LASRTechnology

    nLIGHT — Second Quarter 2026 Earnings Summary

    NLIGHT INC

    Total revenue reached $82.6 million, a 33.8% year-over-year increase, while GAAP net loss narrowed to $1.3 million and non-GAAP net income turned positive at $9.6 million; Adjusted EBITDA more than doubled to $10.7 million. Q3 2026 revenue guidance is set between $63 million and $73 million (midpoint $70 million), though this excludes $17 million in product revenue delayed to future quarters due to supply chain challenges. The company strengthened its balance sheet by increasing cash and cash equivalents to $295.8 million and repaying its entire $20 million line of credit, following a public offering that generated $192.2 million in net proceeds. All three end markets (Aerospace and Defense, Industrial, and Microfabrication) posted year-over-year revenue growth, with the company citing strong execution in directed energy and advanced manufacturing opportunities.

  17. PHUNTechnology

    Phunware — Q2 2026 Earnings Summary

    PHUNWARE INC

    Net revenue rose 76% year-over-year to $0.8 million in Q2 2026 and 17% to $1.3 million for the first six months, though net loss widened to $5.2 million ($0.26/share) in the quarter and $8.4 million ($0.42/share) for the six-month period. Gross margin significantly expanded to 69.0% in Q2 2026 from 41.8% in the prior-year period, while adjusted EBITDA loss increased to $5.5 million for the quarter. The company is executing its "2.0 Strategy" to unify AI capabilities across hospitality, healthcare, and complex physical environments, with AI Concierge commercially deployed and retention rates exceeding 95%. Management appointed new senior sales leadership and technology advisors to accelerate product development, citing increased investment in R&D and sales as the primary driver for the wider net loss. The balance sheet remains strong with $92.1 million in cash and no debt outstanding, providing flexibility to fund the growth strategy without issuing new guidance.

  18. MCHPTechnology

    Microchip Technology — First Quarter Fiscal 2027 Earnings Summary

    MICROCHIP TECHNOLOGY INC

    Net sales reached $1.485 billion, a 38.0% year-over-year and 13.2% sequential increase, exceeding guidance; GAAP net income turned to $202.0 million ($0.37/share) from a $46.4 million loss, while Non-GAAP net income rose to $438.6 million ($0.76/share). Second quarter fiscal 2027 net sales guidance is $1.589 billion to $1.618 billion (7% to 9% sequential growth), with Non-GAAP diluted EPS guidance set at $0.91 to $0.95. Free cash flow increased to $497.6 million and net debt decreased by approximately $170 million, supported by improved factory utilization and inventory days declining to 175. Management returned $246.9 million to common stockholders via dividends and declared a new quarterly cash dividend of 45.5 cents per share payable September 9, 2026. Strategic momentum includes PCIe Gen6 design wins doubling to 12 programs, inventory normalization, and selective capital equipment additions despite pausing broader factory expansion.

  19. MVISTechnology

    MicroVision — Second Quarter 2026 Earnings Summary

    MICROVISION INC

    Q2 2026 revenue reached $1.5 million, up from $0.2 million in Q2 2025, while net loss widened to $36.9 million ($1.66 per share) from $14.2 million ($0.84 per share) due to acquisition-related costs and integration activities. Full-year cash burn guidance improved to approximately $60 million, reflecting expected normalization in the second half following non-recurring cash usage in the first half. Strategic momentum advanced with the launch of the MOVIA™ Air product family, a long-term development agreement with a construction and mining OEM, and the establishment of MicroVision Semiconductor for in-house ASIC capabilities. The company ended the quarter with $27.2 million in cash and cash equivalents, down from $74.8 million at year-end 2025, though it retains access to $68.4 million in total capital including $41.2 million under its ATM facility. A 1-for-15 reverse stock split was completed effective August 1, 2026, to support Nasdaq listing compliance, accompanied by executive leadership appointments to drive commercial execution.

  20. ESETechnology

    ESCO Technologies — Q3 2026 Earnings Summary

    ESCO TECHNOLOGIES INC

    Q3 2026 net sales rose 14% year-over-year to $339 million, while GAAP and Adjusted EPS from continuing operations increased 31% and 38% respectively to $1.26 and $2.20 per share. Full-year 2026 guidance was raised to $1.30–$1.33 billion in sales and $8.30–$8.40 in Adjusted EPS, reflecting a midpoint increase of $0.70 per share from initial November guidance. The company announced an agreement to acquire Megger Group Limited, which is expected to close in Q1 fiscal 2027 and join the Utility Solutions Group. Record total backlog reached $1.54 billion as of June 30, 2026, driven by strong order intake across segments, including a 1.21 book-to-bill ratio for the quarter.

  21. PUBMTechnology

    PubMatic — Second Quarter 2026 Earnings Summary

    PUBMATIC INC

    Total revenue rose 11% year-over-year to $78.6 million, while GAAP net loss narrowed to $(1.2) million and Adjusted EBITDA surged 38% to $19.6 million (25% margin); non-GAAP net income increased to $5.9 million. Q3 2026 revenue guidance is set between $75 million and $77 million, with Adjusted EBITDA projected at $17.0 million to $19.0 million, assuming negative foreign currency impacts from the Euro and Pound Sterling. High-growth segments (CTV, mobile app, and emerging revenues) now comprise 60% of total revenue, driven by 25% CTV growth, 40%+ mobile app growth, and 100% emerging revenue growth including AI solutions. The company repurchased 2.1 million shares (4.2% of fully diluted shares) in the quarter, bringing total repurchases to 15.5 million shares for $211.4 million, with $63.6 million remaining under the 2023 program. CFO Steve Pantelick announced his planned retirement effective July 1, 2027, after serving through Q1 2027, while the company initiates a search for his successor.

  22. TBCHTechnology

    Turtle Beach Corporation — Second Quarter 2026 Earnings Summary

    TURTLE BEACH CORP

    Net revenue decreased 0.7% year-over-year to $56.4 million, while gross margin expanded 660 basis points to 38.8% due to tariff refunds; however, net loss widened to $7.3 million from $2.9 million, though Adjusted EBITDA turned positive at $1.3 million versus a $3.0 million loss previously. The company reaffirmed full-year 2026 net revenue guidance of $335 million to $355 million and Adjusted EBITDA guidance of $44 million to $48 million, citing an expected rebound in retailer inventory and demand driven by the November 2026 launch of Grand Theft Auto VI. Executed a $25.0 million common stock repurchase (2.0 million shares) and refinanced debt facilities into a new $80 million revolving and $85 million term loan structure to enhance financial flexibility. Total assets declined to $215.2 million and stockholders' equity fell to $80.7 million as of June 30, 2026, while management highlighted the successful launch of the Stealth Pro II headset as a key milestone in brand transformation.

  23. AIPTechnology

    Arteris — Q2 2026 Earnings Summary

    ARTERIS INC

    Revenue reached $24.1 million, a 46% year-over-year increase, while trailing-twelve-months variable royalties rose 65% to $8.6 million; however, operating loss widened to $13.9 million from $8.2 million in Q2 2025. Full Year 2026 revenue guidance was updated to $95.0–$98.0 million, with Non-GAAP operating loss guidance set at $7.0–$10.0 million and Free Cash Flow projected at $5.0–$9.0 million. Strategic momentum is evident with a 21% year-over-year increase in design starts, driven largely by AI compute integration, and a 44% year-over-year increase in Annual Contract Value plus royalties to $99.5 million. The company completed the acquisition of Cycuity, incurred $2.8 million in related costs, and raised $72.5 million via an at-the-market offering, resulting in cash and equivalents of $93.27 million as of June 30, 2026. Saurabh Sinha is scheduled to join as Chief Financial Officer on September 8, 2026, succeeding Nick Hawkins, as the company expands partnerships with major clients including Arm, Li Auto, and Speedata.

  24. SYNATechnology

    Synaptics — Fiscal 2026 Earnings Summary

    SYNAPTICS INC

    Fiscal 2026 revenue reached $1.2 billion (up 11% YoY) with full-year non-GAAP net income of $185.9 million (up 27% YoY), while GAAP net loss of $490.8 million included a $425.3 million non-cash tax charge; Q4 GAAP gross margin was 47.3% and non-GAAP operating margin hit 20%, a 13-quarter high. The company will not provide forward financial guidance or host an earnings call due to the pending all-stock merger with onsemi, which management expects to leverage onsemi's manufacturing scale and distribution to accelerate growth in Physical and Edge AI. Core IoT sales grew 43% YoY for the full year (33% of total revenue), while Enterprise/Automotive revenue rose to $641.1 million and Mobile revenue declined to $166.4 million; sampling of AI-native Astra SR-Series microcontrollers is scheduled to begin in the fall. Full-year operating cash flow was $149.4 million, and the company utilized $92.7 million for share repurchases, reducing total cash and equivalents to $442.5 million against $837.3 million in total debt as of June 2026.

  25. AAOITechnology

    Applied Optoelectronics — Second Quarter 2026 Earnings Summary

    APPLIED OPTOELECTRONICS INC

    GAAP revenue surged 86.2% YoY to $191.9 million, while the company returned to Non-GAAP net income of $5.5 million ($0.06/share), reversing losses from the prior two quarters despite a widening GAAP net loss to $22.8 million. Third Quarter 2026 guidance projects revenue between $255 million and $290 million and Non-GAAP net income of $10.1 million to $24.0 million, driven by an expected 800G and 1.6 Tb product volume ramp. Management forecasts demand for 800G and 1.6 Tb products will outpace production capacity through mid-2027, with manufacturing targets reaching 650,000 units per month by year-end 2026. Balance sheet strength improved significantly with cash reserves rising to $508.8 million and PP&E increasing to $697.1 million, reflecting substantial capital investment in capacity expansion.