Earnings Call Transcripts

Access detailed transcripts and key takeaways from company earnings calls

All Earnings Calls

AUR May 6, 2026

Aurora Innovation Q1 2026 Earnings Call - Scaling Driverless Trucking with Hirschbach MOU and Hardware Cost Cuts

Aurora Innovation used Q1 2026 as a bridge between localized testing and industrial-scale deployment. The company reported just over $1 million in revenue, but highlighted a 370,000-mile driverless st...

  • Aurora Innovation generated just over $1 million in Q1 2026 revenue, marking a 10% sequential increase, while operating at a loss of $244 million including stock-based compensation.
  • Management confirmed a landmark Memorandum of Understanding with Hirschbach Motor Lines to scale an autonomous fleet with the intent to own and operate 500 trucks, representing a potential multi-year revenue stream in the hundreds of millions of dollars.
  • The Aurora Driver surpassed 370,000 driverless miles in Q1 with a 100% on-time performance and zero Aurora-attributed collisions, proving operational reliability ahead of the new fleet launch.
  • +7 more takeaways
PRSU May 6, 2026

Pursuit 2026 Q1 Earnings Call - Record Revenue Driven by Tabacón Acquisition and Demand Resilience

Pursuit delivered record Q1 2026 results with revenue surging 37% year-over-year to CAD 51.6 million, fueled by the full-quarter contribution of its July 2025 Tabacón acquisition and strong same-store...

  • Revenue surged 37% year-over-year to a record CAD 51.6 million, driven by the full-quarter contribution of the Tabacón acquisition and strong same-store performance.
  • Tabacón in Costa Rica delivered CAD 10 million in revenue, validating the acquisition thesis with healthy attraction visitation, lodging performance, and high guest satisfaction.
  • Adjusted EBITDA improved by CAD 2.6 million year-over-year to negative CAD 14.9 million during the seasonal low, supported by higher revenue and margin expansion.
  • +7 more takeaways
BAER May 6, 2026

Bridger Aerospace Q1 2026 Earnings Call - Revenue Misses as Pre-Season Investments Weigh on Results

Bridger Aerospace reported a first-quarter revenue miss, primarily due to non-recurring return-to-service work on its Spanish Super Scoopers and early deployment activity from the previous year. The c...

  • Revenue of $8.5 million missed expectations, driven by non-recurring return-to-service work on Spanish Super Scoopers and early deployment activity from Q1 2025.
  • Management reiterates full-year 2026 revenue guidance of $135 million to $145 million, reflecting expected growth in deployment and technology adoption.
  • The company is investing heavily in fleet readiness, sensor technology, and leadership ahead of an anticipated severe wildfire season.
  • +7 more takeaways
CLFD May 6, 2026

Clearfield Q2 2026 Earnings Call - BEAD Delays Offset by Private Build Surge

Clearfield reported Q2 fiscal 2026 net sales of $34.4 million, landing at the high end of guidance despite a 15% year-over-year decline. The pull was driven by a large regional customer pulling orders...

  • Q2 net sales of $34.4 million landed at the high end of guidance, though down 15% YoY due to a large regional customer pulling orders into the prior year’s Q3 and seasonal winter slowdown.
  • Backlog jumped 39% sequentially, yielding a 1.3 book-to-bill ratio that aligns with typical summer seasonality and supports the second-half outlook.
  • Management reiterated full-year fiscal 2026 revenue guidance of $160M-$170M, reflecting an expected 10% top-line growth at the midpoint.
  • +7 more takeaways
SITM May 6, 2026

SiTime Q1 2026 Earnings Call - AI Inference Fuels 88% Revenue Surge and 28% Operating Margin

SiTime reported a blistering Q1 2026, posting $113.6 million in revenue, an 88% year-over-year increase, driven by a white-hot communications, enterprise, and data center (CED) segment that grew 158%....

  • Q1 2026 revenue reached $113.6 million, up 88% year-over-year, significantly exceeding prior expectations and long-term growth targets.
  • Communications, Enterprise, and Data Center (CED) revenue grew 158% year-over-year to $75.7 million, representing 66.6% of total revenue and marking the 8th consecutive quarter of triple-digit growth.
  • Non-GAAP gross margin expanded 710 basis points year-over-year to 64.5%, driven by a favorable product mix favoring high-margin CED products and lower consumer mix, alongside manufacturing cost improvements.
  • +7 more takeaways
SEZL May 6, 2026

Sezzle Q1 2026 Earnings Call - Raising Guidance on Margin Expansion and Product Flywheel

Sezzle delivered a quarter that defies the seasonal softness typically expected after the holidays. Gross margins hit 74% of revenue, driven by a favorable mix of revenue recognition timing and discip...

  • Sezzle raised full-year revenue growth guidance to 30-35% and adjusted net income to $180 million, citing strong Q1 momentum and improving unit economics.
  • Gross margins reached 74% of total revenue, supported by favorable seasonality in payment timing and better-than-expected credit performance.
  • Quarterly purchase frequency increased by a full purchase to 7.1 times, up from 6.1 in Q1 2025, signaling deeper consumer engagement.
  • +7 more takeaways
MIAX May 6, 2026

Miami International Holdings Q1 2026 Earnings Call - Record Revenue Driven by Volatility and Market Share Gains

Miami International Holdings reported record Q1 2026 revenue of $129 million, up 40% year-over-year, driven by elevated market volatility and sustained gains in options market share. The company's opt...

  • Total net revenue grew 40% year-over-year to a record $129 million in Q1 2026, driven by elevated market volatility and strong options trading volumes.
  • Adjusted EBITDA margin expanded by 800 basis points to 51%, reflecting significant operating leverage as revenue scales against a largely fixed cost base.
  • Options market share increased to 17.3% from 16% in the prior year period, with industry average daily volume reaching 63 million contracts, up 17% year-over-year.
  • +7 more takeaways
ACAD May 6, 2026

ACADIA Pharmaceuticals Q1 2026 Earnings Call - Remlifanserin Catalyst Looms as DAYBUE STIX Drives Growth

ACADIA Pharmaceuticals delivered a solid start to 2026 with $268 million in total revenue, driven by strong performance across its core franchises. DAYBUE sales surged 20% year-over-year to $101 milli...

  • Total revenue reached $268 million in Q1 2026, representing an 11% year-over-year increase on an adjusted basis, signaling strong commercial momentum.
  • DAYBUE sales surged 20% year-over-year to $101 million, marking the highest growth rate since Q3 2024 and driven by the successful launch of the new STIX formulation.
  • NUPLAZID generated $167 million in net sales, up 6% year-over-year on an adjusted basis, with temporary refill delays in January and February now normalized.
  • +7 more takeaways
TASK May 6, 2026

TaskUs Q1 2026 Earnings Call - AI Services Surge Offsets Largest Client Automation Headwinds

TaskUs delivered a resilient Q1 2026, beating top-end revenue guidance by $8.3 million and generating $58.6 million in adjusted EBITDA. The standout story is AI Services, which grew 36% year-over-year...

  • Q1 revenue of $306.3 million beat the top end of guidance by approximately 3%, with year-over-year growth of 10.3%.
  • AI Services is the primary growth engine, surging 36% year-over-year to $61.9 million, with over 40% of Q1 signings attributed to this segment.
  • Growth excluding the largest client was robust at 13.5% year-over-year, with clients 2 through 20 growing well north of 20%.
  • +7 more takeaways
STEM May 6, 2026

Stem, Inc. Q1 2026 Earnings Call - First Ever Positive Q1 Adjusted EBITDA Driven by Software Margin Expansion and Utility Scale Momentum

Stem delivered its first positive adjusted EBITDA in a first quarter, marking the fourth consecutive quarter of profitability as the company's 2025 transformation takes hold. Core software and service...

  • Stem reported its first-ever positive adjusted EBITDA in a first quarter, generating $2 million and marking the fourth consecutive quarter of profitability.
  • Non-GAAP gross margins expanded to a record 52% in Q1, driven by a revenue mix shift toward higher-margin software, services, and edge hardware, with no battery hardware resales this quarter.
  • PowerTrack software revenue grew 16% year-over-year, while core revenue (software, services, edge hardware) rose 4% year-over-year, offsetting an 11% decline in total revenue caused by the absence of battery hardware resales.
  • +7 more takeaways