Colton Thomas
Charged Alpha Stock Encyclopedia
Charged Alpha reviews earnings for each stock in the Russel 1000 every quarter. Each podcast gives thorough analysis, along with an in-depth profile in the beginning of the episode of the company, what they do, how they earn money and what to look for.
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Forfatter
Colton Thomas
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Podkastens nettsted
Siste episode
28. okt 2026
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Episoder
AB InBev (BUD): Reported EPS $1.90, Real EPS $1.21 — Half the Growth Was the Dollar | Q2 2026 31.07.2026 12:57
Anheuser-Busch InBev SA/NV (BUD) Q2 2026 — Revenue $16,660M, +5.6% ORGANIC but +11.0% REPORTED. Normalized EBITDA $5,938M +5.8% organic, margin 35.6% (+4bps). Underlying EPS $1.21, +23.4% reported but only +12.9% constant currency. Reported EPS $1.90, flattered by a $1,402M mark-to-market gain on ABI's own share price. FY26 EBITDA guidance REAFFIRMED at 4-8%, not raised. ADR closed +1.50% at $86.1...
GSK (GSK): Profit Fell 75%, Core Earnings Rose 9% — Both Are True | Q2 2026 31.07.2026 8:56
GSK plc (GSK) Q2 2026 — Turnover £8,409M +5% AER/CER, ahead of consensus. Core operating profit £2,800M +7% CER at a 33.3% margin; core EPS 50.5p +9% ($1.36 per ADS). But TOTAL operating profit fell 75% to £481M and Total EPS fell 69%, on a £1.3bn camlipixant write-off. Free cash flow £1,994M +77%. FY26 guidance reaffirmed. GSK reported two different quarters in one release and both are real. Core...
Illumina (ILMN): A Beat, a Raise, and a Stock That Already Doubled | Q2 2026 31.07.2026 12:44
Illumina, Inc. (ILMN) Q2 2026 — Revenue $1.159B, +9.5% and ahead of consensus; organic +6.5%, rest-of-world organic (ex-China) +8.1%. Non-GAAP diluted EPS $1.31 vs $1.19 and above the ~$1.25 expected. GAAP diluted EPS FELL to $1.35 from $1.49 on a strategic-investment comp. FY26 guidance RAISED: revenue $4.60-4.64B (from $4.52-4.62B) and non-GAAP EPS $5.30-5.40 (from $5.15-5.30) - but non-GAAP ope...
Carvana (CVNA): A Record Quarter the Market Hated | Q2 2026 31.07.2026 15:03
Carvana Co. (CVNA) Q2 2026 — Record retail units 197,325 (+37.7%), record revenue $7.376B (+52.4%) vs ~$7.04B expected, record gross profit $1.384B, record GAAP operating income $680M, record net income $513M (7.0% margin) and record adjusted EBITDA $769M. Diluted EPS $0.42 vs ~$0.41. But adjusted EBITDA margin FELL to 10.4% from 12.4%, and FY26 adjusted EBITDA guidance of $2.7-3.0B implies a seco...
Bristol Myers Squibb (BMY): The Best Quarter Before the Cliff | Q2 2026 31.07.2026 15:10
Bristol-Myers Squibb Company (BMY) Q2 2026 — Revenue $12.973B (+6%, +5% ex-FX) beat consensus by ~$1.1B; non-GAAP EPS $2.04 vs $1.60 expected (+28%); GAAP EPS $1.62 vs $0.64. FY2026 guidance RAISED: revenue $46.0-47.5B to $49.0-50.0B (+$2.75B at the midpoint) and non-GAAP EPS $6.05-6.35 to $6.75-7.00. Growth Portfolio $7.560B (+15%, now ~58% of revenue). The stock rose 2.79% to $64.86 — a fresh 12...
Butterfly Network (BFLY): Revenue +39%, the Core Business +2% | Q2 2026 31.07.2026 8:56
Butterfly Network, Inc. (BFLY) Q2 2026 — Revenue $32.612M (+39.5%), gross margin 71.4% vs 63.7% (+770bps), adjusted EBITDA loss cut 78% to $1.4M, and FY2026 guidance raised to $119-123M. But the core ultrasound business grew 2.2% ($21.851M vs $21.387M); the other 37 points came from Butterfly Embedded chip licensing, $10.761M vs $1.996M (+439%). Q3 is guided BELOW Q2 at $26-30M. The stock rose 15....
BigBear.ai (BBAI): Revenue +13%, Margins +781bps — and Revenue Per Share −77% | Q2 2026 31.07.2026 13:09
BigBear.ai Holdings, Inc. (BBAI) Q2 2026 — Revenue $36.7M (+13%) and gross margin 32.8% vs 25.0% (+781bps). Net loss shrank 89% to $25.7M — but $135.3M of that was a smaller non-cash derivative swing and $70.6M was last year's absent goodwill impairment. Adjusted EBITDA got WORSE: −$11.6M vs −$8.5M. Operating cash burn quadrupled to $40.2M for H1. FY26 revenue guidance affirmed at $135–165M. The s...
Automatic Data Processing (ADP): 24% of Profit Is Interest — Q4 FY2026 31.07.2026 16:11
Automatic Data Processing, Inc. (ADP) Q4 FY2026 — FY26 revenue $21,947.4M (+7%, +6% organic cc) and adjusted diluted EPS $11.12 (+11%) — the top of the guide. Q4 revenue $5,473.8M (+7%), adjusted EPS $2.64 (+17%), GAAP $2.45. Adjusted EBIT margin +80 bps to 26.8%. FY27 guide: revenue +5–6%, margin +70–90 bps, adjusted EPS +9–11%. But interest on client funds was $1,354.8M (+14%) — 23% of adjusted...
FTAI Aviation (FTAI): Revenue +41%, EPS −28% — Q2 2026 31.07.2026 12:44
FTAI Aviation Ltd. (FTAI) Q2 2026 — Revenue $953.1M (+41%) beat the ~$895M estimate, but diluted EPS of $1.13 vs $1.57 missed the $1.38 consensus by 18% — a 4th straight miss. Adjusted EBITDA FELL 16% to $291.4M. Aerospace Products did $875.0M of revenue (+78%) and $249.7M of Adj EBITDA (+51%); everything else did $41.7M vs $182.9M, down 77%. FY26 Aviation Leasing guidance cut from $575M to $475M....
Roblox (RBLX): Revenue +36%, Bookings +8% — Q2 2026 31.07.2026 14:28
Roblox Corporation (RBLX) Q2 2026 — Revenue $1,469M, +36% YoY — but bookings, the cash users actually spent, were $1,557M, +8%, at the LOW end of guidance. GAAP EPS $(0.26) beat the $(0.34) estimate; Adj EBITDA $152M vs $18M. Then the guide: Q3 bookings $1,576-1,653M, DOWN 14-18%, the first decline ever guided, vs ~$1.87B consensus — with Q3 FCF of $(60)M-$5M and full-year guidance withdrawn. The...
Boston Scientific (BSX): Down 57% While Revenue Grew — Q2 2026 31.07.2026 12:44
Boston Scientific Corporation (BSX) Q2 2026 — Net sales were $5.442B, +7.5% reported and +7.0% organic, at the TOP of a 5.5-7.5% guide. Adjusted EPS was $0.86 against a $0.82-$0.84 guide and $0.75 a year ago; GAAP EPS was $0.61 vs $0.53. Adjusted operating margin reached 28.4%, up 71bps. Cardiovascular grew +7.8% organic to $3,624M and MedSurg +5.4% to $1,818M. Yet management cut full-year guidanc...
Cohu (COHU): The $170M Guide That Broke Wall Street’s Model — Q2 2026 31.07.2026 14:16
Cohu, Inc. (COHU) Q2 2026 — Cohu reported Q2 2026 (the 13 weeks to June 27) after the close on July 30. Revenue was $149.0M, +38% y/y and +19% sequentially, against roughly $144M expected. Non-GAAP gross margin was 45.5% (GAAP 45.4%) versus a ~44% guide. GAAP operating income was +$0.292M — the first positive operating quarter since 2023, against -$17.2M a year ago. GAAP net loss was $0.159M, or $...
AXT (AXTI): Record Quarter, 45% Margin — and a Price That Already Knows 31.07.2026 13:20
AXT, Inc. (AXTI) Q2 2026 — AXT reported Q2 2026 after the close on July 30. Revenue was $47.6M, +164% y/y and +77% sequentially — the highest quarterly revenue in company history, against roughly $34M expected. GAAP gross margin was 44.9% and non-GAAP 45.0%, versus 29.9% in Q1 2026 and just 8.2% in Q2 2025. Indium phosphide revenue hit a record $30.7M on AI data-centre optical connectivity demand....
Amazon (AMZN): The Biggest Beat Ever — and $53B of It Wasn’t Real 31.07.2026 14:00
Amazon.com, Inc. (AMZN) Q2 2026 — Amazon reported Q2 2026 after the close on July 30. Revenue was $200.6B, +20% y/y, about $4B above consensus. Operating income rose 43% to $27.5B — a record 13.7% operating margin. AWS grew 37% to $42.2B, its fastest in 18 quarters, with segment operating income up 64% to $16.6B (39.4% margin). Advertising grew 26% to $19.8B. Reported diluted EPS was $5.75 against...
Reddit (RDDT): Revenue +61%, Profit Doubled — and the Stock Fell 12% 31.07.2026 14:00
Reddit, Inc. (RDDT) Q2 2026 — Reddit reported Q2 2026 after the close on July 30. Revenue was $804.9M, +61% y/y — the eighth consecutive quarter above 60% — and roughly $75M above consensus against management's own $715–725M guide. Diluted EPS was $1.25 vs ~$0.96 expected. Net income $252.8M (31.4% margin, +183%). Adjusted EBITDA $342.8M (42.6% margin). Free cash flow $260.7M. GAAP gross margin 91...
Monolithic Power (MPWR): Record Quarter, +164% AI Revenue — and Cash Flow Went Backwards 31.07.2026 14:35
Monolithic Power Systems, Inc. (MPWR) Q2 2026 — Monolithic Power Systems reported Q2 2026 after the close on July 30. Revenue was a record $980.6M, +21.9% q/q and +47.6% y/y. Non-GAAP EPS was $6.50, about 10.5% above consensus; GAAP diluted EPS was $5.22. GAAP gross margin 55.2%, non-GAAP 55.6% (UP 10 bps q/q). Non-GAAP operating income $367.7M, a 37.5% margin. Q3 guidance of $1.14–1.16B came in r...
Apple (AAPL): Best June Quarter Ever, Stock Down 6% — Tim Cook Called It a ”100-Year Flood” 30.07.2026 13:13
Apple Inc. (AAPL) Q3 FY2026 — Apple reported fiscal Q3 2026 (quarter ended June 27) after the close on July 30. Revenue was $109.42B, +16% y/y, beating the ~$108.7B consensus. Diluted EPS was $2.02, +29%, versus ~$1.89 expected. Gross margin was 50.1%. Every geographic segment set a June-quarter record; iPhone (+21.7% to $54.25B), Mac (+28.7% to $10.35B) and Services (+12.1% to $30.74B) all set re...
FormFactor (FORM): The HBM Toll Booth Just Beat by 34% — And Its Own CFO Told You the Margin Isn’t Real 30.07.2026 13:47
FormFactor, Inc. (FORM) Q2 2026 — FormFactor (FORM) reported Q2 FY2026 (quarter ended June 27) on July 29. Revenue was a record $258.2M, +14.2% q/q and +31.9% y/y, $18.2M above the midpoint of the company's own $235-245M guide. Non-GAAP EPS of $0.82 crushed the ~$0.61 consensus (a 34% beat); GAAP EPS was $0.71 on $56.2M of net income. Non-GAAP gross margin hit 53.3% (+430 bps q/q). Q3 revenue is g...
Bloom Energy (BE): The Short Sellers Were Wrong — And It’s Still 2x Too Expensive 30.07.2026 14:16
Bloom Energy Corporation (BE) Q2 2026 — Bloom Energy (BE) reported Q2 2026 (quarter ended June 30) on July 28. Revenue was $1.0654B, up 165.5% y/y and the first billion-dollar quarter in company history; product revenue was $935.4M (+215.4%). GAAP operating income was $182.2M vs a $3.5M loss last year, GAAP diluted EPS $0.62, and non-GAAP EPS $0.78 against a ~$0.41 consensus. Gross margin rose 668...
Vertiv (VRT): It Beat, It Raised, It Fell 17% — And Nobody Asked Where the Backlog Went 30.07.2026 16:11
Vertiv Holdings Co (VRT) Q2 2026 — Vertiv (VRT) reported Q2 2026 (quarter ended June 30) on July 29. Adjusted diluted EPS was $1.52 (+60% y/y) against a ~$1.43 consensus — a clear beat. Adjusted operating profit rose 51% to $738M, adjusted operating margin expanded 410 bps to 22.6%, operating cash flow rose 241% to $1,100M and adjusted free cash flow rose 234% to $925M. Net sales of $3,274M grew 2...
Ecolab (ECL): The Water Company Became an AI Stock — At 34x Earnings 30.07.2026 12:44
Ecolab Inc. (ECL) Q2 2026 — Ecolab (ECL) reported Q2 2026 (quarter ended June 30) on July 28. Reported sales were $4.4154B (+10%), organic sales accelerated to +5%, GAAP diluted EPS was $1.90 (+3%) and adjusted diluted EPS was $2.09 (+11%) against a ~$2.08 consensus — a one-cent beat. Organic operating income margin improved 40 bps to 18.8%, and FY2026 adjusted EPS guidance was raised from $8.03-$...
GE HealthCare (GEHC): Record Orders, Record Backlog — And The Margin Still Went DOWN 30.07.2026 14:35
GE HealthCare Technologies (GEHC) Q2 2026 — GE HealthCare (GEHC) — the medical imaging company spun out of General Electric in January 2023 — reported Q2 2026 (quarter ended June 30) on July 29. Revenue was $5.295B (+5.7%, +3.5% organic), GAAP diluted EPS $1.24 vs $1.06, and adjusted EPS $1.13 vs the ~$1.04 consensus. Organic orders grew a record 11.1%, book-to-bill hit 1.15x and backlog reached a...
Amneal (AMRX): Beat, Raised Guidance Twice — And Fell 5%. First-Half Cash Flow Was NEGATIVE $48M 30.07.2026 14:50
Amneal Pharmaceuticals (AMRX) Q2 2026 — Amneal Pharmaceuticals (AMRX) — the Patel brothers' complex-generics and branded-neurology drugmaker — reported Q2 2026 (quarter ended June 30) before the open on July 30. Net revenue was $796.2M (+10%), adjusted EPS $0.30 (+20%), adjusted EBITDA $206.5M (+12%), and management RAISED full-year guidance for the second time this year. The stock still fell abou...
Takeda (TAK): 11.6x Core Earnings or 52.8x Reported? The 740 Billion Yen Gap 30.07.2026 12:44
Takeda Pharmaceutical Company Limited (TAK) Q1 FY2026 — Q1 FY2026 (three months ended June 30, 2026) revenue was JPY 1,219.9B, +10.2% at actual exchange rates but MINUS 0.5% at constant exchange rates. Core operating profit JPY 358.9B, +11.5% AER / -0.5% CER, at a 29.4% margin. Reported operating profit JPY 201.4B (+9.1%). Reported EPS JPY 71.65, DOWN 9.8% Y/Y. Core EPS JPY 154 (+1.5% AER, -11.8%...
Silicon Motion (SIMO): Up 21% on a Record Quarter — So Why Was Cash Flow NEGATIVE? 30.07.2026 12:44
Silicon Motion Technology Corporation (SIMO) Q2 2026 — Q2 2026 (quarter ended June 30, 2026) net sales were a record $451.001M, +32% sequentially and +127% YoY. Non-GAAP EPS was $2.43 per diluted ADS, beating the ~$2.13–2.18 consensus; GAAP EPS was $3.99 on $136.112M of net income. Gross margin expanded to 50.2% from 47.1%, and GAAP operating margin doubled to 22.4% from 11.2% ($101.114M vs $22.32...
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