Earnings Call Transcripts

Access detailed transcripts and key takeaways from company earnings calls

All Earnings Calls

SEZL May 6, 2026

Sezzle Q1 2026 Earnings Call - Raising Guidance on Margin Expansion and Product Flywheel

Sezzle delivered a quarter that defies the seasonal softness typically expected after the holidays. Gross margins hit 74% of revenue, driven by a favorable mix of revenue recognition timing and discip...

  • Sezzle raised full-year revenue growth guidance to 30-35% and adjusted net income to $180 million, citing strong Q1 momentum and improving unit economics.
  • Gross margins reached 74% of total revenue, supported by favorable seasonality in payment timing and better-than-expected credit performance.
  • Quarterly purchase frequency increased by a full purchase to 7.1 times, up from 6.1 in Q1 2025, signaling deeper consumer engagement.
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MIAX May 6, 2026

Miami International Holdings Q1 2026 Earnings Call - Record Revenue Driven by Volatility and Market Share Gains

Miami International Holdings reported record Q1 2026 revenue of $129 million, up 40% year-over-year, driven by elevated market volatility and sustained gains in options market share. The company's opt...

  • Total net revenue grew 40% year-over-year to a record $129 million in Q1 2026, driven by elevated market volatility and strong options trading volumes.
  • Adjusted EBITDA margin expanded by 800 basis points to 51%, reflecting significant operating leverage as revenue scales against a largely fixed cost base.
  • Options market share increased to 17.3% from 16% in the prior year period, with industry average daily volume reaching 63 million contracts, up 17% year-over-year.
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ACAD May 6, 2026

ACADIA Pharmaceuticals Q1 2026 Earnings Call - Remlifanserin Catalyst Looms as DAYBUE STIX Drives Growth

ACADIA Pharmaceuticals delivered a solid start to 2026 with $268 million in total revenue, driven by strong performance across its core franchises. DAYBUE sales surged 20% year-over-year to $101 milli...

  • Total revenue reached $268 million in Q1 2026, representing an 11% year-over-year increase on an adjusted basis, signaling strong commercial momentum.
  • DAYBUE sales surged 20% year-over-year to $101 million, marking the highest growth rate since Q3 2024 and driven by the successful launch of the new STIX formulation.
  • NUPLAZID generated $167 million in net sales, up 6% year-over-year on an adjusted basis, with temporary refill delays in January and February now normalized.
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TASK May 6, 2026

TaskUs Q1 2026 Earnings Call - AI Services Surge Offsets Largest Client Automation Headwinds

TaskUs delivered a resilient Q1 2026, beating top-end revenue guidance by $8.3 million and generating $58.6 million in adjusted EBITDA. The standout story is AI Services, which grew 36% year-over-year...

  • Q1 revenue of $306.3 million beat the top end of guidance by approximately 3%, with year-over-year growth of 10.3%.
  • AI Services is the primary growth engine, surging 36% year-over-year to $61.9 million, with over 40% of Q1 signings attributed to this segment.
  • Growth excluding the largest client was robust at 13.5% year-over-year, with clients 2 through 20 growing well north of 20%.
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STEM May 6, 2026

Stem, Inc. Q1 2026 Earnings Call - First Ever Positive Q1 Adjusted EBITDA Driven by Software Margin Expansion and Utility Scale Momentum

Stem delivered its first positive adjusted EBITDA in a first quarter, marking the fourth consecutive quarter of profitability as the company's 2025 transformation takes hold. Core software and service...

  • Stem reported its first-ever positive adjusted EBITDA in a first quarter, generating $2 million and marking the fourth consecutive quarter of profitability.
  • Non-GAAP gross margins expanded to a record 52% in Q1, driven by a revenue mix shift toward higher-margin software, services, and edge hardware, with no battery hardware resales this quarter.
  • PowerTrack software revenue grew 16% year-over-year, while core revenue (software, services, edge hardware) rose 4% year-over-year, offsetting an 11% decline in total revenue caused by the absence of battery hardware resales.
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CODI May 6, 2026

Compass Diversified Holdings (CODI) Q1 2026 Earnings Call - Double-Digit Consumer Growth Offsets Industrial Headwinds

Compass Diversified Holdings (CODI) delivered a quarter of disciplined execution, highlighted by the successful sale of Sterno’s food service business and double-digit EBITDA growth in its consumer po...

  • CODI sold Sterno’s food service business at an attractive valuation, reducing total leverage to ~5.0x and senior secured net leverage to below 1.0x.
  • Consumer businesses drove double-digit subsidiary-adjusted EBITDA growth, led by The Honey Pot (nearly 25% revenue growth) and BOA (11% EBITDA growth).
  • Industrial businesses faced mixed results: Arnold nearly doubled EBITDA due to geopolitical tailwinds, while Altor faced cold chain and consumer headwinds.
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AGL May 6, 2026

Agilon Health Q1 2026 Earnings Call - Raised Full-Year Outlook on Stronger Risk Scores and Payer Contracts

Agilon Health delivered a first quarter that exceeded expectations, driven by better-than-anticipated risk adjustment revenue and disciplined execution across its value-based care model. The company r...

  • Agilon Health raised its full-year 2026 revenue guidance to approximately $5.7 billion, medical margin to $375 million, and Adjusted EBITDA to $25 million, citing stronger-than-expected first-quarter performance.
  • First-quarter revenue was $1.42 billion, exceeding the top end of guidance, driven by higher estimated risk scores and a new full-risk contract with a new payer in an existing market.
  • Medicare Advantage membership declined to 426,000 from 491,000 year-over-year, reflecting strategic market exits and a disciplined, profitability-focused approach to growth.
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TPC May 6, 2026

Tutor Perini Q1 2026 Earnings Call - Record Cash Flow and Backlog Fuel 2026 Confidence

Tutor Perini kicked off 2026 with its strongest first quarter since 2009, posting record operating cash flow of $147 million and $1.4 billion in revenue, up 11% year-over-year. The company’s backlog r...

  • Record operating cash flow of $147 million, up 542% year-over-year, driven by improved collections and working capital management.
  • Revenue grew 11% to $1.4 billion, marking the highest first-quarter revenue since 2009, fueled by larger, higher-margin projects in the civil and building segments.
  • Backlog remains strong at $19.8 billion, with nearly $700 million in new awards booked in Q1, primarily in California.
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ARM May 6, 2026

Arm FY2026 Q4 Earnings Call - Record Revenue and Agentic AI CPU Demand Surge

Arm reported a record $1.49 billion in fourth-quarter revenue, up 20% year-over-year, and a full-year total of $4.92 billion, up 23%. The results were driven by surging demand for its Neoverse IP and ...

  • Arm delivered record Q4 FY2026 revenue of $1.49 billion, up 20% year-over-year, and a full-year total of $4.92 billion, up 23%.
  • Non-GAAP EPS hit a record $0.60 in Q4, driven by strong royalty and licensing growth despite continued R&D investment.
  • Royalty revenue grew 11% to $671 million, with data center royalties more than doubling year-over-year due to hyperscaler adoption.
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ROOT May 6, 2026

Root, Inc. Q1 2026 Earnings Call - Record Profitability Driven by AI Underwriting and Disciplined Capital Allocation

Root, Inc. delivered its most profitable quarter in company history during Q1 2026, with record net income of $36 million and an annualized return on equity of 47%. The results were driven by structur...

  • Record Q1 2026 profitability with net income of $36 million and an annualized ROE of 47%, marking the highest quarterly profit in company history.
  • Policies in force grew 9% year-over-year, while gross premiums written reached $389 million, though premium growth moderated due to prior-year tariff-related demand.
  • Partnership and independent agent channels surged 30% year-over-year, with over 15,000 agents now partnered and a new distribution agreement with Freeway Insurance.
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