Instacart's first $1B quarter ran on ads, not delivery — and the engine is cooling
Instacart crossed $1 billion in quarterly revenue for the first time in Q1 2026, and the headlines wrote themselves: record gross transaction value, GAAP net income up 36%, a $300 million adjusted-EBI…
Upstart's revenue jumped 44% in Q1 while its GAAP loss widened and its AI model faces a fraud suit
Upstart Holdings sells one idea above all others: that a machine reads creditworthiness better than a FICO score, and that this edge compounds into a software-grade business immune to the credit cycle…
Roku finally turned a GAAP profit — but stock comp still dwarfs it, and the boxes still sell at a loss
After five years of losses, Roku crossed into black ink: $88.4 million of GAAP net income on $4.74 billion of 2025 revenue, then $85.7 million more in Q1 2026 on revenue up 22% to $1.25 billion. The b…
Pinterest Grew Revenue 18% and Still Slid Into a GAAP Loss as 367 Million Users Pay 20 Cents
Pinterest's first quarter of 2026, reported on May 4, looks like the moment the long-promised commerce engine finally caught: revenue of $1.008 billion up 18% year over year, monthly active users at a…
Snap's ad engine grew 3% while Meta's grew 33%, and the gap is the whole story
Snap closed the first quarter of 2026 with a headline that read like a turnaround — revenue up 12% to $1.53 billion, daily users back to growth at 483 million, the net loss cut from $140 million to $8…
MongoDB reaccelerates to 25% growth, but its $4.4M GAAP profit rests on a $493M stock subsidy
MongoDB stunned the bears in May 2026 with a Q1 reacceleration — $687.6 million in revenue, up 25%, the fastest first-quarter print in three years, and its first sliver of GAAP net income at $4.4 mill…
Datadog clears $1 billion a quarter while its GAAP margin sits at 1%
Datadog crossed a billion dollars in quarterly revenue for the first time in Q1 2026, grew 32% year over year, and watched its stock surge — and underneath the celebration sits a number management wou…
Five Below's 22.7% Comp Laps a Collapse, and Its Own Guidance Cuts It to 8% Next Quarter
Five Below delivered the kind of quarter that turnaround stories are built on: net sales up 32.5% to $1.29 billion, comparable sales up 22.7%, adjusted earnings per share up 158%, and full-year guidan…
Paycom's growth has cratered from 30% to single digits after its own Beti software ate its service revenue
Paycom reported first-quarter 2026 revenue of $571.9 million on May 7, up 7.8 percent year over year — a respectable software number until you set it against the company's own history, where revenue g…
Etsy Returned to Growth by Taking More From Its Sellers, Not Its Buyers
Etsy is the largest dedicated marketplace for handmade and vintage goods in America, and after two years of shrinking buyers and falling sales it has delivered what management and the bulls now call a…
CF Industries posts a record $615M quarter — and a war, a lawsuit, and cheap gas did most of the lifting
CF Industries just delivered the kind of quarter that makes a commodity producer look like a compounder: net sales of $1.99 billion up 19% year over year, net earnings of $615 million, adjusted EBITDA…
Lamb Weston sells 7% more fries for 63% less profit as the glut it built comes due
Lamb Weston's third-quarter scoreboard reads like a victory lap — volume up 7%, net sales up 3% to $1.56 billion, a guidance midpoint nudged higher — and almost every number that matters underneath it…
CarMax's Q1 Beat Was Bought, Not Earned, as Same-Store Volume Fell and Margins Hit a Floor
CarMax shares jumped after a first-quarter fiscal 2027 report that looked, at a glance, like a clean recovery: revenue up 6.2% to $8.0 billion, earnings per share of $1.31 crushing a 94-cent consensus…
Sarepta's Elevidys revenue cratered 73% to $102 million as a boxed warning and three deaths gutted the gene-therapy story
Sarepta sold investors a once-in-a-generation franchise: the first FDA-approved gene therapy for Duchenne muscular dystrophy, a $3.2-million one-time infusion, a Roche partnership for the rest of the …
Builders FirstSource swings to a loss as housing freezes — yet keeps buying its own stock
Builders FirstSource, the $14-billion roll-up that became America's largest supplier of structural lumber, trusses and millwork to homebuilders, just reported a quarter that breaks its own decade-long…
Planet Fitness cut 2026 growth in half after its strongest sign-up season delivered 36% fewer new members
Planet Fitness sells a $15-a-month gym and a stock priced for flawless expansion, but the May 7, 2026 print exposed the seam: revenue rose 21.9% to $337.2 million and same-club sales rose 3.5%, yet ro…
Sweetgreen posts a $125.8M "profit" while same-store sales crater 12.8%
Sweetgreen's first quarter of fiscal 2026 looks, at a glance, like the turn the bulls have waited four years to see: net income of $125.8 million, the first black ink since the IPO. Read the footnote …
Abbott's $21 billion Exact Sciences buyout cashed out a never-profitable growth story at $105
The bears spent a decade circling Exact Sciences with the same indictment: real revenue, real growth, and never a clean GAAP profit, all riding on a single stool-based colon-cancer test about to be fl…
SoundHound AI trades at 16 times sales on $44M a quarter and a widening GAAP loss
SoundHound AI booked record first-quarter revenue of $44.2 million on May 7, 2026 — a number that fits comfortably inside a mid-sized regional restaurant chain's quarterly sales — yet the market hands…
Dutch Bros trades at 50 times earnings while two-thirds of its growth is freshly poured concrete
Dutch Bros sells coffee out of drive-thru shacks, but Wall Street prices the stock like a software platform — roughly 50 times forward earnings and 35 times EBITDA, multiples reserved for compounders …
Cleveland-Cliffs Beats Estimates and Still Loses $229 Million on a Steel Price It Can't Set
Cleveland-Cliffs is the largest flat-rolled steel producer in North America, and in the first quarter of 2026 it did something that sounds like progress: it beat Wall Street's estimates. Revenue rose …
First Solar's record quarter rests on $2.1 billion of tax credits Washington keeps poking at
First Solar reported a glittering first quarter of 2026 — $1.04 billion in net sales, up 24%, with $347 million of net income and gross margin vaulting to 46.6% from 40.8%. But strip away the accounti…
Crocs trades at 8x earnings because a $2.5B bet just impaired itself and the clog is the only thing holding
Crocs Inc. closed 2025 with a net loss of $81.2 million, a $738 million writedown of the HeyDude brand it paid $2.5 billion for in early 2022, and a stock changing hands near eight times forward earni…
Twilio rallies 30% on an AI story, but four points of its 20% growth are pass-through and acquisitions
Twilio's first quarter of 2026 was, by the company's own scorecard, its best in three years: $1.41 billion in revenue, up 20% reported, the fastest headline growth since 2022, and a stock that leapt r…