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

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.

MongoDB, Inc. (MDB) Announced Q1 2027 Earnings on May 28, 2026, Reporting "total revenue of $688 million, up 25% year-over-year"

MongoDB reported total revenue of $688 million in the first quarter of fiscal 2027, representing a 25% increase year-over-year. Atlas consumption revenue grew 29.4% year-over-year, accounting for approximately 75% of total first quarter revenue, adding a record $117 million. EA and Other revenue grew 13% year-over-year in the first quarter. The company delivered first quarter non-GAAP income from operations of $123 million, yielding an operating margin of 18%. First quarter non-GAAP net income was $112 million, or $1.32 per diluted share. Operating cash flow for the first quarter was $202 million, and free cash flow was $198 million. Management highlighted that MongoDB is becoming a strategic platform decision for both core workloads and artificial intelligence applications. The company noted multiple product innovations, including the release of MongoDB 8.3, automated Voyage AI embeddings entering public preview, and native integrations with the LangChain agent framework. Additionally, MongoDB announced the acquisition of Clarity Business Solutions to accelerate its expansion into the U.S. federal vertical, bringing in approximately $10 million in annual services revenue. The company also announced leadership appointments, including Ben Cefalo and Pablo Stern-Plaza as Chief Product Officers, Erica Volini as Chief Customer Officer, and Ryan Mac Ban as Chief Revenue Officer. For the second quarter of fiscal 2027, management expects revenue of $729 million to $734 million, non-GAAP income from operations of $152 million to $156 million, and non-GAAP net income per share of $1.58 to $1.61. For the full year fiscal 2027, the company guided for revenue of $2.92 billion to $2.96 billion, non-GAAP income from operations of $571 million to $591 million, and non-GAAP net income per share of $5.95 to $6.14. Management expects full year Atlas revenue growth in the range of 23% to 25% and EA and Other revenue to see mid-single-digit growth for the full fiscal year.

XPeng Inc. (XPEV) Announced Q1 2026 Earnings on May 28, 2026, Reporting "total revenues were RMB 13.03 billion for the first quarter of 2026".

XPeng Inc. reported its financial results for the first quarter of 2026, noting that total revenues were RMB 13.03 billion for the first quarter of 2026. Revenues from vehicle sales were $11 billion for the first quarter of 2026, while revenues from services and others were $2.03 billion for the first quarter of 2026. Gross margin was 20.6 percent for the first quarter of 2026, and vehicle margin was 12.1 percent for the first quarter of 2026. The company reported a loss from operations of RMB 1.87 billion for the first quarter of 2026 and a net loss of RMB 1.78 billion for the first quarter of 2026. As of March 31, 2026, the company's cash position was CNY 42.09 billion. Management highlighted the company's transformation from a smart EV company to a physical AI company, emphasizing a strategic focus on scaling autonomous driving and robotics. Accelerating international expansion is a major priority, with the company expecting international revenue to exceed 20 percent of total revenue starting in the second quarter. The target is to achieve sustained monthly overseas deliveries of over 10,000 units in the fourth quarter and to more than double full year overseas deliveries. To support this, XPeng is increasing local production capacity through two plants in Southeast Asia and a partnership in Austria to address local demands. For the second quarter of 2026, XPeng expects deliveries of 100,000 to 106,000 units, with revenue of RMB 19.6 billion to RMB 20.8 billion. Notable product announcements include the May launch of the XPeng GX, a flagship model built for the L4 era, and the completion of the Turing AI SoC upgrade across the entire model lineup. Management is also targeting to achieve mass production of its humanoid robot by year-end. On the partnership front, XPeng will start delivering the Turing SoC to its partner Volkswagen at scale beginning in the second quarter.

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

Salesforce reported Q1 revenue of " $11.13 billion " and delivered " $6.7 billion " in Q1 operating cash flow. The current remaining performance obligation ended the first quarter at " $33.6 billion ". Management noted a Q1 non-GAAP operating margin of " 34.8% " and a Q1 GAAP operating margin of " 21.1% ". The company also commenced a " $25 billion accelerated share repurchase " program, which reduced the Q1 diluted share count by 10 percent year-over-year. Management emphasized the company's focus on becoming an " Agentic enterprise " and announced that " Agentforce ARR surpassed the $1 billion mark " this quarter. The company processed " 28.6 trillion tokens " and converted them into " 3.8 billion Agentic Work Units " for customers to date. Salesforce introduced " Agentforce Coworker " and discussed the launch of " Headless 360 ", which allows customers to use coding agents and APIs across different surfaces to access Salesforce data. For the second quarter of fiscal year 2027, the company expects revenue of " $11.27 billion to $11.35 billion ". Management raised the midpoint of its full fiscal year 2027 revenue guidance to " $45.9 billion to $46.2 billion " and noted they remain on track for their fiscal year 2030 framework to grow the top line to " $63 billion plus with Informatica ". The company highlighted notable momentum with products like Slack, noting that Slackbot is the fastest adopted AI tool in company history and is driving " 3.8 million hours of annualized productivity gains " for their employees.