Earnings Call Transcripts
Access detailed transcripts and key takeaways from company earnings calls
All Earnings Calls
JFrog Q1 2026 Earnings Call - Cloud Revenue Crosses 50% of Total as AI Drives Binary Surge
JFrog reported a formidable start to 2026, with Q1 revenue of $154 million (+26% YoY) and cloud revenue surging 50% to $78.9 million, marking the first time cloud sales exceeded 50% of total revenue. ...
- Total revenue reached $154 million, up 26% year-over-year, beating the top end of guidance across all metrics.
- Cloud revenue grew 50% year-over-year to $78.9 million, representing 51% of total revenue for the first time.
- Self-managed revenue grew 8% year-over-year to $75.1 million, showing continued but slower adoption of on-prem deployments.
- +12 more takeaways
Personalis Q1 2026 Earnings Call - Clinical Volume Surges as Margins Take a Hit for Market Share
Personalis reported a 26% sequential jump in clinical test volume to 7,800 tests in Q1 2026, driven by aggressive adoption of its ultra-sensitive NeXT Personal MRD test. The company is intentionally s...
- Q1 clinical volume surged 26% sequentially to 7,800 tests, defying typical first-quarter seasonality and validating the aggressive land grab strategy.
- Total revenue came in at $15.5 million, reflecting a deliberate shift from legacy enterprise contracts to higher-margin clinical and biopharma MRD testing.
- Gross margins compressed to 1.8% due to unreimbursed clinical test costs, a temporary dilution management says will bottom out in the first half of 2026.
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Corsair Gaming Q1 2026 Earnings Call - Margin Expansion Driven by Ecosystem and DTC Shift
Corsair Gaming delivered a record-breaking start to 2026, reporting a first-quarter gross margin of 32.7% and adjusted EBITDA that beat the high end of guidance. The company successfully navigated a c...
- Record Q1 2026 gross margin of 32.7%, up from 21.7% year-ago, driven by mix shift toward higher-margin peripherals and direct-to-consumer channels.
- Adjusted EBITDA of $35.8 million beat the high end of guidance, representing a 58% year-over-year increase and a 10.1% margin.
- Gamer and Creator Peripherals revenue grew 10% year-over-year, absorbing tariff headwinds and demonstrating structural growth beyond cyclical trends.
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Texas Roadhouse Q1 2026 Earnings Call - Commodity Inflation Guidance Eases as Traffic and Digital Expansion Drive Momentum
Texas Roadhouse delivered another quarter of robust same-store sales growth, driven by a 7.1% increase that included 4.5% traffic growth and a 2.6% check increase. Revenue surpassed $1.6 billion, and ...
- Same-store sales increased 7.1%, driven by 4.5% traffic growth and a 2.6% average check increase.
- Revenue surpassed $1.6 billion for the quarter, with diluted EPS up 9.6% to $1.87.
- Full-year 2026 commodity inflation guidance was reduced from 7% to 6%-7%, with Q2 expected to peak at 7%-8%.
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Paylocity Q3 FY2026 Earnings Call - AI-Driven Platform Expansion and Margin Expansion
Paylocity delivered a quarter of disciplined execution, with Q3 recurring revenue up 11.6% year over year and total revenue beating guidance by $10.3 million. Management raised full-year fiscal 2026 g...
- Recurring and other revenue grew 11.6% year over year to $469.9 million, beating the high end of guidance by $7.4 million.
- Total revenue reached $420.2 million, up 10.5% year over year, exceeding the top end of guidance by $10.3 million.
- Management raised full-year fiscal 2026 guidance by $15.5 million at the midpoint for recurring revenue and $20.5 million for total revenue.
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StandardAero Q1 2026 Earnings Call - Raised Full-Year Guidance Amid Strong Demand Across All End Markets
StandardAero delivered a robust start to 2026, reporting 13.3% organic revenue growth and raising full-year guidance for revenue, adjusted EBITDA, and adjusted EPS. The company benefited from double-d...
- Organic revenue grew 13.3% year-over-year to $1.63 billion, driven by double-digit growth across commercial aerospace (up 11%), business aviation (up 20%), and military/helicopter (up 10%).
- Adjusted EBITDA increased 2.5% to $203 million, but underlying growth was double-digit and margins exceeded 14% when excluding transitory items like the LEAP/CFM56 ramp, inventory burndown, and a one-time military contract closeout cost.
- Adjusted EPS rose 14% to $0.33, reflecting higher operating earnings and lower interest expense.
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Yelp Inc. Q1 2026 Earnings Call - AI-Driven 'Other Revenue' Surges 75% as Core Ads Stagnate
Yelp’s Q1 2026 results highlight a company in transition. Core advertising revenue remained flat to down as local businesses face persistent economic headwinds, with services ads up just 1% and RR&O a...
- Net revenue grew 1% YoY to $361M, beating the high end of guidance by $6M.
- Core advertising revenue is stagnating: services ads up 1%, RR&O ads down 11%.
- Paying ad locations declined 6% YoY to 485,000, reflecting weak local demand.
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Cherry Hill Mortgage Investment Corporation Q1 2026 Earnings Call - Geopolitical Shock Drives Volatility, Book Value Falls 6.1%, but Hedging and MSR Resilience Hold the Line
Cherry Hill Mortgage Investment Corporation navigated a turbulent first quarter of 2026, marked by a sudden geopolitical escalation involving Iran that spiked oil and gas prices, pushed inflation expe...
- Geopolitical shock from Iran conflict in March 2026 triggered sharp spikes in oil, gas, and inflation expectations, abruptly ending near-term rate cut expectations and widening mortgage spreads.
- Book value per common share fell 6.1% to $3.23, with economic return of -3.2% and GAAP net loss of $0.05 per diluted share, though EAD remained positive at $0.14 per share.
- Proactive interest rate hedging in March mitigated book value erosion, with a $396 million notional derivative portfolio (swaps, TBAs, Treasury futures, SOFR futures) effectively offsetting rate risk.
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Karat Packaging Q1 2026 Earnings Call - Tariff Savings and Online Growth Offset Margin Pressure
Karat Packaging delivered a strong start to 2026 with Q1 sales up 13% year-over-year, driven by robust online growth and accelerating demand. The company navigated significant tariff headwinds and ris...
- Q1 2026 net sales reached $116.9 million, up 12.9% year-over-year, with momentum accelerating to over 20% growth in March.
- Online sales grew nearly 10% to $19.5 million, reflecting a successful strategic pivot to direct fulfillment and third-party digital platforms.
- Gross margin contracted to 35.5% from 39.3% in the prior year quarter, primarily due to higher import duties and tariffs.
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The RealReal Q1 2026 Earnings Call - Resale Flywheel Accelerates as AI-Driven Margins Expand
The RealReal delivered a robust Q1 2026, marking its fourth consecutive quarter of double-digit top-line growth with GMV up 24% year-over-year to $606 million and revenue rising 19% to $190 million. T...
- GMV surged 24% to $606 million and revenue rose 19% to $190 million, marking the fourth straight quarter of double-digit growth.
- Adjusted EBITDA margin expanded 430 basis points year-over-year to 6.9%, with full-year guidance raised to $59–$67 million.
- Trailing 12-month active buyers grew 10% year-over-year, signaling accelerating engagement and platform trust.
- +17 more takeaways