Earnings Call Transcripts

Access detailed transcripts and key takeaways from company earnings calls

All Earnings Calls

CP April 29, 2026

CPKC Q1 2026 Earnings Call - Record Grain Volumes and SMX Launch Fuel Double-Digit EPS Growth

CPKC delivered a disciplined Q1 2026 performance with CAD 3.7 billion in revenue and a 63% core operating ratio, despite headwinds from FX volatility, the removal of Canada's federal carbon tax, and s...

  • CPKC reported Q1 2026 revenue of CAD 3.7 billion, with 2% RTM volume growth and a 63% core operating ratio, demonstrating operational resilience despite FX and fuel headwinds.
  • Record grain volumes drove a 14% revenue increase in the bulk segment, supported by a 20% year-over-year increase in Canadian harvest and strong U.S. corn shipments to Mexico and the Pacific Northwest.
  • CPKC reached an 8-year tentative labor agreement with SMART-TD and BLET unions, covering 1,700 train service employees across 11 U.S. states, providing long-term operating stability and cost predictability.
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GKOS April 29, 2026

Glaukos Corporation Q1 2026 Earnings Call - iDose TR Drives Record Sales, Epioxa Launch Marks New Frontier

Glaukos delivered a record first quarter with net sales of $150.6 million, up 41% year-over-year, driven by a 58% surge in U.S. glaucoma sales fueled by iDose TR. The company raised its full-year 2026...

  • Record Q1 2026 net sales of $150.6 million, up 41% year-over-year.
  • Full-year 2026 net sales guidance raised to $620-635 million from $600-620 million.
  • U.S. glaucoma franchise net sales reached $93.5 million, up 58% year-over-year.
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ALGN April 29, 2026

Align Technology Q1 2026 Earnings Call - Clear Aligner Volumes Hit Record 686K Cases as Global Growth Offsets U.S. Macro Headwinds

Align Technology delivered a strong first quarter in 2026, with total revenues reaching $1.04 billion and clear aligner volumes climbing 6.7% year-over-year to a record 686,000 cases. The growth was b...

  • Clear aligner volumes reached a record 686,000 cases in Q1 2026, up 6.7% year-over-year, driven by double-digit international growth and stable North American performance.
  • Total revenues of $1.04 billion grew 6.2% year-over-year, fueled by higher clear aligner volumes, favorable foreign exchange, and modest average selling price increases.
  • Clear aligner gross margin expanded 110 basis points to 71.6%, supported by operational efficiencies, higher ASPs, and a mix shift toward lower-cost, higher-margin product configurations.
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QCOM April 29, 2026

Qualcomm Q2 FY26 Earnings Call - Agentic AI Drives Record Automotive and Data Center Diversification

Qualcomm delivered a strong Q2 FY26 with $10.6B in revenue and $2.65 non-GAAP EPS, landing at the high end of guidance. The highlight was another record quarter for automotive, with annualized revenue...

  • 1. Record Q2 FY26 Results: Qualcomm reported $10.6B in revenue and $2.65 non-GAAP EPS, meeting the high end of guidance. QCT revenues hit $9.1B, while QTL revenues were $1.4B with a 72% EBT margin.
  • 2. Automotive Acceleration: Automotive revenues reached a record $1.3B in Q2, driving annualized run rates above $5B and expected to exceed $6B by year-end. Q3 automotive growth is forecast to accelerate to ~50% YoY, fueled by 4th-gen Snapdragon Digital Chassis adoption and increasing content per vehicle.
  • 3. Agentic AI as the Core Narrative: CEO Cristiano Amon framed agentic AI workloads as a fundamental shift requiring continuous background processing, sensor fusion, and CPU-bound orchestration. This positions Qualcomm's industry-leading CPUs and power-efficient NPUs as critical infrastructure for the next upgrade cycle across smartphones, PCs, and automotive.
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TENB April 29, 2026

Tenable {Q1} {2026} Earnings Call - AI Vulnerability Tsunami Fuels Exposure Management Urgency and Raised Guidance

Tenable delivered a strong Q1 2026, beating guidance across every metric with 9.6% revenue growth and 23.6% operating margins. The company raised its full-year outlook, driven by accelerated demand fo...

  • Revenue grew 9.6% year-over-year to $262.1 million, beating the high end of guidance and setting the stage for a raised full-year outlook.
  • Tenable One, the company’s AI-powered exposure management platform, now represents 41% of new business, an 8 percentage point increase from Q1 2025.
  • Full-year revenue guidance was raised to $1.068–$1.078 billion, with full-year non-GAAP operating income guidance lifted to $252–$262 million.
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GOOG April 29, 2026

Alphabet Q1 2026 Earnings Call - Google Cloud Hits $20B Revenue with $462B Backlog as AI Monetization Accelerates

Alphabet delivered a dominant Q1 2026, posting $109.9B in revenue (+22% YoY) and $62.6B in net income (+81% YoY). The results were driven by a 63% surge in Google Cloud revenue to $20B for the first t...

  • Google Cloud revenue accelerated 63% year-over-year to $20 billion, marking the first time the segment crossed the $20B quarterly threshold. Enterprise AI solutions became the primary growth driver, with revenue from products built on GenAI models growing nearly 800% YoY.
  • Cloud backlog nearly doubled quarter-over-quarter to $462 billion. Management noted that over 50% of this backlog will be recognized as revenue over the next 24 months, with TPU hardware sales beginning to contribute later this year and scaling into 2027.
  • Google Services revenue grew 16% to $89.6 billion, with Search and Other advertising up 19% to $60.4 billion. Search queries hit all-time highs, driven by AI Overviews and AI Mode, while retail and finance verticals led growth.
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WAY April 29, 2026

Waystar Q1 2026 Earnings Call - AI-Driven Bookings Surge as Provider Solutions Outpace Patient Payments

Waystar delivered a robust start to 2026, with revenue rising 22% year-over-year to $314 million and adjusted EBITDA margins expanding to 43%. The company’s strategic pivot toward an end-to-end, AI-em...

  • Revenue grew 22% year-over-year to $314 million, driven by strong execution and platform expansion.
  • Adjusted EBITDA reached $135 million, yielding a 43% margin, supported by a favorable shift toward higher-margin provider solutions.
  • AI-powered capabilities accounted for approximately 40% of new bookings, signaling rapid adoption of embedded intelligence.
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MRAM April 29, 2026

Everspin Technologies Q1 2026 Earnings Call - Defense Contract and UNISYST Launch Drive Growth

Everspin Technologies delivered a strong Q1 2026, hitting the high end of guidance with $14.9 million in revenue and $0.11 non-GAAP EPS, up 14% year-over-year. The quarter was fueled by robust demand ...

  • Q1 2026 revenue reached $14.9 million, up 14% year-over-year, landing at the high end of the $14-$15 million guidance range.
  • Non-GAAP EPS came in at $0.11 per diluted share, significantly beating the $0.02 reported in Q1 2025.
  • A new $40 million, two-and-a-half-year subcontracting agreement was announced with a U.S. prime contractor for defense and aerospace MRAM services.
  • +9 more takeaways
RJET April 29, 2026

Republic Airways (RJET) Q1 2026 Earnings Call - Strong Q1 Results and Mesa Integration On Track Despite Weather Headwinds

Republic Airways delivered a resilient Q1 2026, posting $527 million in revenue and $47 million in adjusted pre-tax income, driven by a 30% surge in block hours following the Mesa merger and the compl...

  • Q1 2026 adjusted net income per diluted share reached $0.73, with revenues up 34% to $527 million and adjusted pre-tax income rising 15% to $47 million.
  • Block hour production surged 30% year-over-year, reflecting the first full quarter of Mesa operations and the conclusion of the United fleet transition.
  • Severe winter storms disrupted Northeast operations, reducing the full up completion factor to 94%, though controllable completion remained robust with 80 days of 100% performance.
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PRCT April 29, 2026

PROCEPT BioRobotics Q1 2026 Earnings Call - Pricing Discipline Drives Margin Expansion and System ASP Upside

PROCEPT BioRobotics delivered a strong start to 2026 with Q1 revenue of $83.1 million, up 20% year-over-year, driven by 25% system revenue growth and a record 65% gross margin. Management highlighted ...

  • Total revenue of $83.1 million exceeded expectations, reflecting 20% year-over-year growth.
  • U.S. HYDROS system average selling prices hit a record $485,000, up 14% sequentially, signaling strong pricing power.
  • Gross margins expanded to 65%, meeting full-year guidance ahead of schedule due to pricing and cost discipline.
  • +7 more takeaways