Earnings Call Transcripts
Access detailed transcripts and key takeaways from company earnings calls
All Earnings Calls
Iron Mountain Q1 2026 Earnings Call - Record Growth Driven by Data Center & ALM Surge
Iron Mountain delivered a record first quarter in 2026, with revenue, adjusted EBITDA, and AFFO all jumping 22% year-over-year. The results were fueled by explosive growth in its data center and Asset...
- Revenue grew 22% year-over-year to $1.94 billion, significantly beating prior guidance and marking a record start to 2026.
- Adjusted EBITDA rose 22% to $708 million, with margins expanding 20 basis points to 36.6% despite a mix shift toward services.
- AFFO increased 22% to $426 million, or $1.43 per share, exceeding expectations by $0.04 and reflecting strong cash generation.
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KBR Q1 2026 Earnings Call - Strong STS Bookings and Margin Expansion Offset Mission Tech Headwinds
KBR delivered a disciplined start to 2026, with Sustainable Tech (STS) driving momentum through a third consecutive quarter of strong bookings and expanding margins. Adjusted EBITDA rose to $119 milli...
- STS delivered a third consecutive quarter of book-to-bill ratios exceeding 1.2, with a $4.7 billion backlog and a near-term pipeline of over $5 billion, highlighting durable demand in energy security and infrastructure.
- Adjusted EBITDA expanded to 13.1%, up from 12.3% in Q1 2025, driven by favorable mix, strong program execution, and equity income from an LNG project, while adjusted EPS came in at $0.96.
- Mission Tech (MTS) saw revenues decline $85 million year-over-year due to planned reductions in EUCOM contingency work, though underlying performance remained stable excluding EUCOM, with a $18.5 billion backlog and options.
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Shopify Q1 2026 Earnings Call - AI Becomes Native Language as GMV Hits $101B
Shopify delivered a quarter that feels less like a standard earnings report and more like a proof of concept for the next decade of commerce. GMV surged 35% to $101 billion for the second consecutive ...
- Q1 GMV reached $101 billion, marking the second consecutive quarter above the $100 billion threshold and representing 35% year-over-year growth.
- Revenue grew 34% to $3.2 billion, with free cash flow of $476 million and a 15% margin, extending a streak of four straight quarters with 30%+ revenue and GMV growth.
- AI is now the core operating system for the platform, with Sidekick weekly active shops up 4x year-over-year and 12,000 custom apps created in the quarter.
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HealthStream Q1 2026 Earnings Call - Record Revenue and EBITDA Drive Strategic AI and Career Network Investments
HealthStream delivered a record Q1 2026, with revenue surging 10.5% year-over-year to $81.2 million and adjusted EBITDA climbing 24.1% to $20.1 million. The company reaffirmed its full-year guidance, ...
- Record Q1 2026 revenue of $81.2 million, up 10.5% year-over-year, driven by subscription growth and acquisition contributions.
- Adjusted EBITDA reached a new high of $20.1 million, representing a 24.1% year-over-year increase and a 24.8% margin.
- Full-year 2026 guidance reaffirmed: Revenue $323-$330 million, Net Income $20.4-$22.8 million, Adjusted EBITDA $73-$77 million.
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CPS Technologies Q1 2026 Earnings Call - Inventory Build and New Facility Delay Mask Strong Backlog
CPS Technologies reported a modest 7% year-over-year revenue decline to $7 million in Q1 2026, driven by temporary order timing and a deliberate inventory build ahead of a facility relocation. Gross m...
- Q1 2026 revenue came in at $7 million, a 7% year-over-year decline from $7.5 million in Q1 2025, primarily attributed to order timing rather than weak demand.
- Gross profit fell to $0.6 million (8.6% of revenue) from $1.2 million (16.4% of revenue) last year, pressured by lower revenue and inventory build costs.
- Operating loss widened to $500,000 from a $100,000 profit last year, while net loss increased to $300,000 from $100,000 net income.
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Sotera Health Q1 2026 Earnings Call - CEO Transition and Legal Wins Fuel Momentum
Sotera Health delivered a robust Q1 2026, posting 6.5% constant currency revenue growth and 6.9% constant currency Adjusted EBITDA growth. The standout performer was Nordion, which surged 25.8% in con...
- Q1 2026 revenue grew 6.5% on a constant currency basis, with Adjusted EBITDA up 6.9%, driving over 20 basis points of margin expansion.
- Nordion was the clear standout, with constant currency revenue surging 25.8% and margins expanding over 290 basis points, fueled by Cobalt-60 harvest timing.
- Sterigenics delivered 6.1% constant currency revenue growth, offsetting a 1.7% weather-related volume headwind with strong pricing and mix improvements.
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BellRing Brands Q2 FY2026 Earnings Call - Promotional Intensity and Input Inflation Pressurize Margins Despite Strong Category Growth
BellRing Brands delivered a second quarter that fell short of expectations, with net sales growing just 2% while adjusted EBITDA margin collapsed to 9%, well below the 13% guide. The miss was driven b...
- Q2 FY2026 net sales grew 2% to $599 million, but adjusted EBITDA margin fell to 9%, missing the 13% guide by 400 basis points due to mix deterioration and higher costs.
- Premier Protein RTD shake volumes surged 12%, but unfavorable price mix of 9% offset gains, as 27% of category volume was sold on promotion, up 8 percentage points year-over-year.
- Management cited a 'perfect storm' of competitive intensity, consumer trade-down, and macro-driven cost inflation, with protein and freight costs accelerating sharply in the latter part of the quarter.
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Lindblad Expeditions Holdings, Inc. Q1 2026 Earnings Call - Record Yields and Booking Momentum Defy Geopolitical Headwinds
Lindblad Expeditions delivered another record quarter despite severe weather disruptions in Antarctica and geopolitical fallout from the war in Iran. The company achieved a historic 93% first quarter ...
- Record Q1 occupancy of 93% on 6% capacity growth, driving a 7% net yield increase to $1,631 per available guest night.
- Total revenues grew 16% to $208 million, with Lindblad segment up 16% and Land Experiences up 14%.
- Adjusted EBITDA rose 16% to $34.8 million, while net income turned positive at $6 million compared to a loss last year.
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Metallus Q1 2026 Earnings Call - Defense Run Rate and Tariff Tailwinds Drive Profitability
Metallus delivered a strong first quarter in 2026, with adjusted EBITDA rising 39% year-over-year to $24.6 million and shipments climbing 11% sequentially. The growth was fueled by a robust order book...
- Adjusted EBITDA surged 39% year-over-year to $24.6 million, driven by higher shipments, improved price mix, and better raw material spreads.
- Net sales reached $308.3 million, a 10% increase year-over-year, with shipments up 11% sequentially across most end markets.
- Order book grew significantly year-over-year, with lead times expanding into the late third quarter for bars and seamless mechanical tubing, signaling strong demand momentum.
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IDEXX Laboratories Q1 2026 Earnings Call - IDEXX Raises Full-Year Guidance on CAG Diagnostics Growth and InViewDX Momentum
IDEXX Laboratories delivered a strong start to 2026, driving a full-year revenue and EPS guidance raise fueled by double-digit organic growth in companion animal diagnostics and robust international e...
- Full-year revenue guidance raised to $4.675B-$4.760B, reflecting an 8.6%-10.6% reported growth range and a $32M midpoint improvement.
- Full-year EPS guidance increased to $14.45-$14.90, up $0.13 at midpoint, driven by operational performance and margin expansion.
- Q1 2026 organic revenue grew 11%, with CAG Diagnostics recurring revenue up 11% organically, supported by 11% U.S. and 12% international growth.
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