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

Broadcom Inc. (AVGO) Announced Q2 2026 Earnings on June 3, 2026, Reporting "total revenue reached a record $22.2 billion"

In Q2 2026, Broadcom reported total revenue reached a record $22.2 billion, up 48 percent year-on-year. Q2 operating margin was a record 67 percent, and adjusted EBITDA was 69 percent of revenue, or $15.2 billion. Free cash flow in the quarter was a record $10.3 billion, representing 46 percent of revenue. The Semiconductor Solutions segment generated a record $15 billion in Q2 revenue, driven by AI semiconductor revenue at a record $10.8 billion. Infrastructure software revenue in Q2 was $7.2 billion. During the quarter, management noted bookings for AI semiconductors were over $30 billion. Broadcom detailed several long-term customer agreements, including an April announcement with Google to develop and supply multiple generations of TPUs and AI networking. For Anthropic, Broadcom entered an agreement to enable access to another 5 gigawatts of next-generation TPU-based compute beginning in 2027. With Meta, the company announced a partnership to deliver multiple generations of MTIA XPUs. Additionally, Broadcom is creating the AI XPU platform with Apollo and Blackstone to deploy more than 20 gigawatts of compute capacity through 2028. In software, the company released VMware Cloud Foundation 9.1 to support enterprise AI inferencing workloads. For Q3 2026, Broadcom issued guidance for consolidated revenue of $29.4 billion, up 84 percent year-on-year. Q3 semiconductor revenue is forecast at approximately $20.5 billion, with Q3 AI semiconductor revenue expected to be $16 billion. Q3 infrastructure software revenue is expected to be approximately $8.9 billion, and Q3 operating margin is expected to be 67 percent. For the full year 2026, management expects to achieve AI semiconductor revenue of $56 billion. Looking ahead, Broadcom reiterated their AI semiconductor revenue guidance to be in excess of $100 billion for fiscal year 2027.

CrowdStrike Holdings, Inc. (CRWD) Announced Q1 2027 Earnings on June 3, 2026, Reporting "total revenue of $1.39 billion"

CrowdStrike Holdings, Inc. reported first quarter fiscal 2027 total revenue of $1.39 billion, an increase of 26% over the first quarter of last year. First quarter non-GAAP operating income was $325.7 million, representing a non-GAAP operating margin of 24%. The company generated record free cash flow of $468.5 million, or 34% of revenue, for the quarter. CrowdStrike achieved record first quarter net new ARR of $255.8 million, bringing ending ARR to $5.51 billion. Non-GAAP net income attributable to CrowdStrike was a first quarter record of $283.4 million, or $1.10 on a diluted per share basis. Management emphasized the company's position as critical AI infrastructure, highlighting a surge in demand following the release of new frontier AI models. The company highlighted its AIDR, or AI detection and response offering, which achieved ending ARR growth of more than 250% sequentially. CrowdStrike also announced it closed the acquisitions of Signal and Surafic during the quarter. Additionally, the company announced a 4-for-1 forward stock split to make ownership more accessible to investors. On the partnership front, CrowdStrike highlighted its collaboration with Anthropic and OpenAI, as well as the formation of a coalition with partners such as Accenture, EY, and IBM to unite the industry around AI readiness. For the second quarter of fiscal 2027, CrowdStrike expects total revenue in the range of $1.436 billion to $1.442 billion and non-GAAP income from operations between $346 million and $349 million. The company expects second quarter diluted non-GAAP net income per share to be approximately $1.16 to $1.17. For the full fiscal year 2027, management expects total revenue between $5.915 billion and $5.959 billion. Full year non-GAAP income from operations is expected to be between $1.452 billion and $1.480 billion, with full year net new ARR growth expected to accelerate over fiscal year 2026.

Medtronic plc (MDT) Announced Q4 2026 Earnings on June 3, 2026, Reporting "$9.8 billion in revenue" for the fourth quarter

Medtronic reported "$9.8 billion in revenue" for the fourth quarter of fiscal 2026, up "9.9% on a reported basis and 6.6% organically." For the full fiscal year, the company "delivered 36.4billioninrevenue."MedtronicreportedfourthquarteradjustedEPSof"1.55" and full fiscal year 2026 adjusted EPS of "$5.53." The company also reported an "adjusted gross margin was 65.4%" for the quarter and an "adjusted operating margin of 25.5%." "Free cash flow was $5.4 billion in fiscal year '26."Management highlighted strong execution across the business, noting that within Cardiac Ablation Solutions, "PFA saw exceptional global growth of 145% with Sphere-9." The company also highlighted its Symplicity Spyral therapy, noting it is "annualizing at $100 million." During the quarter, Medtronic "completed the MiniMed IPO, establishing it as a stand-alone publicly traded company."In product and M&A news, the company "submitted to the FDA for 510(k) clearance for general surgery and gynecologic indications, as well as for our LigaSure RAS vessel sealer" for the Hugo surgical robotic system. Medtronic also "closed on the Cath works transaction" and "announced plans to acquire Scientia, an SPR Therapeutics as well as investments in Beluga Medical and CardioACC."For forward guidance, Medtronic is guiding "fiscal year '27 organic revenue growth of 6.75% to 7.25%, including approximately 11.5% to 12% organic growth in the first quarter." The company is "guiding '27 EPS of $5.90 to $6." For the first quarter, management expects "EPS in the range of $1.38 to $1.40." Overall, the company expects "fiscal '27 operating margin to be up 60 basis points."

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.