Salesforce, Inc. (CRM) Announced Q1 2027 Earnings on May 27, 2026, Reporting " Revenue was $11.13 billion "

GitLab Inc. (GTLB) Announced Q1 2027 Earnings on June 2, 2026, Reporting "Revenue of $264 million, growth of 23%"

GitLab Inc. reported its first quarter fiscal year 2027 financial results, with management stating "Revenue of $264 million, growth of 23%" and "operating profit of $38 million and a 14% non-GAAP operating margin" for the quarter. For the first quarter, adjusted free cash flow was $147 million, representing a free cash flow margin of 56%. Management also highlighted that they ended the quarter with 1,519 customers paying more than $100,000 a year, which is up 18% year-over-year, and a dollar-based net retention of 117%. During the call, management provided updates on their Act 2 plan, which includes a workforce restructuring affecting approximately 14% or 350 team members. As part of this strategy, the company expects to "exit 22 countries and reduce our team member geographic footprint by approximately 37%" while incurring $30 million to $35 million of pretax restructuring charges. The company plans to reinvest savings into five architectural bets: machine scale infrastructure, orchestration, context, governance, and maintaining one platform for all modes of software engineering. Management also reported that the dual agent platform paid consumption run rate was nearly $20 million in the first quarter. For forward guidance, management expects second quarter fiscal year 2027 total revenue of $272 million to $274 million, representing approximately 15% to 16% year-over-year growth. For the full year, total revenue is expected to be $1.112 billion to $1.118 billion. On the product and partnership front, GitLab announced expanded relationships with AWS, Google Cloud, and Anthropic, allowing Duo Agent platform spend to be eligible against committed cloud budgets. The company also announced plans to introduce GitLab Flex, a new buying program that allows customers to mix seat-based and credit-based products, as well as an API accessible service called GitLab Orbit.

Palo Alto Networks, Inc. (PANW) Announced Q3 2026 Earnings on June 2, 2026, Reporting "Total revenue for the quarter was $3 billion".

Palo Alto Networks reported that "Total revenue for the quarter was $3 billion, growing 31% year-over-year". Management noted that the company "delivered $8.13 billion in NGS ARR during the third quarter". For the quarter, "diluted non-GAAP EPS... reached $0.85" and the company "generated adjusted free cash flow of $910 million". Additionally, "Total gross margin for the quarter was 75.8%" and "non-GAAP operating margin of 21.3% in Q3" was reported.A key business priority discussed was the "sustained tailwinds from our platformization strategy," with executives stating that "During the third quarter, we secured 110 net new platformizations". The company also highlighted progress on its recent acquisitions, noting they expect to "hit our CyberArk synergy targets about 3 to 6 months earlier" than initially anticipated. Management also observed that "Hardware today accounts for approximately 10% of our total revenue," acting as a natural hedge against supply chain costs.In terms of forward guidance, for the "fourth quarter 2026," the company expects "revenue of $3.345 billion to $3.355 billion" and "diluted non-GAAP EPS to be in the range of $0.96 to $0.98". For the "fiscal year 2026," management expects "revenue of $11.415 billion to $11.425 billion," "operating margins to be in the range of 28.9% to 29.2%," and "diluted non-GAAP EPS to be in the range of $3.77 to $3.79".On the product and partnership front, management announced that "Last month, we launched Idira, our next-generation identity platform" for the AI-driven enterprise. They also highlighted the "recent acquisition of Portkey marks yet another strategic milestone" and noted they were able to "introduce Unit 42 frontier AI defense" to help customers fortify environments against AI-driven attacks.

Dollar General Corporation (DG) Announced Q1 2027 Earnings on June 2, 2026, Reporting "Net sales for the quarter increased 3.4% to $10.8 billion"

For the first quarter, executives reported that "Net sales for the quarter increased 3.4% to $10.8 billion" and "Same-store sales increased 2% during the quarter". Management highlighted that "For Q1, gross profit as a percentage of sales was 31.6%, an increase of 65 basis points". Additionally, "Operating profit for the first quarter increased 10.8% to $638.5 million" and "EPS for the quarter increased 12.4% to $2". Cash generation remained strong, with management noting, "In Q1, we generated significant cash flow from operations of $716.2 million".Key business updates focused on four strategic growth pillars: "enhancing the customer experience, elevating our brand, driving greater enterprise-wide efficiencies and extending our reach". The company continues to elevate its brand through mature store investments, completing "659 Project Renovate remodels and 711 Project Elevate remodel" in the first quarter. On the digital front, executives noted that "delivery sales contributed approximately 70 basis points to our comp sales growth of 2% in Q1".Regarding forward guidance, management updated their outlook for the 2026 year. They stated they now expect "net sales growth in the range of 3.7% to 4.2%", "Same-store sales growth in the range of 2.2% to 2.7%, and EPS in the range of $7.20 to $7.45". They also noted that the updated EPS guidance now assumes an "effective tax rate of approximately 24.5%" and that they "still expect modest SG&A deleverage in 2026".In product and partnership updates, Dollar General evolved its brand partnerships during the quarter, "launching 3 brands, including Holly Williams in our home category". The company expanded its value offerings with a "new frozen section, which now features a full door dedicated to new frozen items at the $1 price point". Dollar General also highlighted its omnichannel convenience, noting it is "now delivering from approximately 18,000 stores with our own myDG delivery offering as well as through third-party partners, DoorDash and Uber Eats", and expanded its international footprint by opening "5 Mi Super Dollar General stores in Q1".

Costco Wholesale Corporation (COST) Announced Q3 2026 Earnings on May 28, 2026, Reporting Net sales for the third quarter were $69.15 billion

Costco Wholesale Corporation reported net income for the third quarter of 2026 at $2.192 billion, or $4.93 per diluted share. Net sales for the third quarter were $69.15 billion, an increase of 11.6 percent from $61.96 billion in the third quarter of 2025. Comparable sales were up 9.8 percent. The company reported membership fee income of $1.373 billion. At the end of the third quarter, the company had 82.9 million total paid members and 41.2 million paid executive memberships. The reported gross margin rate was 11.04 percent and the reported SG&A rate was 8.96 percent. Management highlighted record-breaking volumes in their gas business. The company also stated they started submitting refund claims for the IEEPA tariffs and plan to return to members the portion of tariffs passed on to them. In digital and warehouse operations, the company noted significant improvement in the speed of checkout through enhancements that include improvements to the mobile wallet, the introduction of digital membership card quick access, and the rollout of a shopping cart pre-scan tool. They are also incorporating a successful Paystation pilot into new warehouse openings and high-volume buildings. Furthermore, the company noted that they are leveraging AI to enhance product pages online. For forward guidance, the company expects to have 26 net new openings in fiscal year 2026 and estimates capital expenditure for the full year will be approximately $6.5 billion. The company announced the launch of a new collaboration with Google Commerce Media and YouTube to broaden its reach in retail media. Product updates included the launch of new Kirkland Signature items such as an energy drink, ultrafiltered milk, sea salt popcorn, and oven roasted chicken dog food. The pharmacy business saw market share gains contributed by increased GLP-1 demand and the inclusion of Wegovy and Ozempic in their member prescription program.

Dell Technologies Inc. (DELL) Announced Q1 2027 Earnings on May 28, 2026, Reporting "Revenue was $43.8 billion"

Dell Technologies Inc. reported its first quarter financial results, stating that revenue was $43.8 billion, up 88 percent. Diluted earnings per share was $4.86, up 214 percent for the quarter. Management noted the company delivered a record first quarter cash flow from operations of $4.1 billion. Gross margin dollars grew 57 percent to $7.9 billion, with a gross margin rate of 18.1 percent. Operating income grew 154 percent to $4.2 billion for the quarter, and net income was up 194 percent to $3.2 billion. During the call, executives highlighted that demand was stronger than anticipated as customers decisively secured supply. In the first quarter, the company booked $24.4 billion in AI orders and recognized $16.1 billion of AI server revenue, exiting the quarter with a record $51.3 billion of AI backlog. The Infrastructure Solutions Group posted record revenue of $29 billion for the quarter, up 181 percent, while traditional server and networking revenue reached $8.5 billion, up 92 percent. The Client Solutions Group posted quarter revenue of $14.6 billion, up 17 percent, driven by commercial revenue of $13 billion and consumer revenue of $1.6 billion. Management identified memory constraints, specifically DRAM and NAND, as the primary supply challenge. Regarding product and partnership updates, Dell expanded the Dell AI factory ecosystem with partners including NVIDIA, Google Cloud, OpenAI, and CrowdStrike. The company introduced new infrastructure supporting the Vera Rubin rack-scale platform and launched the 18th generation of PowerEdge servers. Executives also highlighted the new PowerStore Elite, noting it delivers up to 3x performance and density compared to prior generations, alongside a 6:1 data reduction guarantee. For full year guidance, the company expects revenue of $165 billion to $169 billion, driven by $60 billion of AI server revenue. Diluted non-GAAP earnings per share for the full year is expected to be $17.90, plus or minus $0.25. For the second quarter, management anticipates revenue of $44 billion to $45 billion, supported by $15.5 billion in AI server revenue, and expects Q2 diluted non-GAAP earnings per share to be $4.80, plus or minus $0.10.