Earnings Call Transcripts

Access detailed transcripts and key takeaways from company earnings calls

All Earnings Calls

TEAM April 30, 2026

Atlassian Q3 FY2026 Earnings Call - AI-Driven Context Graph Fuels Record Service Collection ARR and Cloud Acceleration

Atlassian delivered a transformative third quarter for fiscal year 2026, with total revenue surging 32% year-over-year to $1.8 billion and cloud revenue accelerating to 29% growth. The company’s strat...

  • Total revenue grew 32% year-over-year to $1.8 billion, with cloud revenue accelerating to 29% growth and surpassing $1.1 billion in absolute terms.
  • Service Collection ARR crossed the $1 billion milestone, driven by strong enterprise wins in ITSM, HRSM, and broader employee service management, with 75% of the Fortune 500 now using the collection.
  • Rovo AI credit usage is growing at over 20% month-over-month, and customers using Rovo are expanding their ARR at roughly twice the rate of non-Rovo customers.
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BIO April 30, 2026

Bio-Rad Laboratories Q1 2026 Earnings Call - Middle East Conflict Drives Revenue Miss and Margin Pressure

Bio-Rad Laboratories reported Q1 2026 revenue of $592 million, a 1.1% reported increase but a 4.2% currency-neutral decline, missing expectations due to severe geopolitical disruption in the Middle Ea...

  • Middle East Conflict Impact: The ongoing conflict in the Middle East, a region representing over 9% of Bio-Rad's diagnostic segment, caused an $11 million revenue hit in Q1 2026 and will be a significant headwind for full-year revenue and margins.
  • Lowered Full-Year Guidance: Management revised 2026 currency-neutral revenue growth guidance to between -3% and +0.5%, down from previous expectations, citing continued demand softness and logistics challenges in the Middle East.
  • Digital PCR Instrument Growth: ddPCR instrument revenue grew 24% year-over-year, driven by the new QX700 platform, which is ahead of schedule with 99% of digital PCR assays now supported, signaling strong future consumable pull-through.
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AX April 30, 2026

Axos Financial Q3 2026 Earnings Call - Double-Digit Loan Growth and Strategic Deposit Acquisitions Fuel Expansion

Axos Financial delivered another quarter of disciplined, double-digit growth, with net interest income rising 11.2% year-over-year to support an 18.5% jump in net income. Management highlighted robust...

  • Net interest income surged 11.2% year-over-year, driven by $700 million in linked-quarter loan growth and strong performance across capital calls, real estate lender finance, and equipment finance.
  • Net income rose 18.5% to $124.7 million, with diluted EPS increasing 18.7% to $2.15, reflecting sustained profitability despite margin compression.
  • Axos secured two major deposit acquisitions: $2.3 billion from Jenius Bank and $3.2 billion in IRA savings and CDs from Capital One, providing critical liquidity to fund future loan growth.
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SAFE April 30, 2026

Safehold Inc Q1 2024 Earnings Call - Multifamily Expansion and Share Buybacks Drive Growth Amidst Legal Headwinds

Safehold reported solid Q1 2024 results with GAAP revenue of $110.9 million and net income of $28.9 million. The company closed four transactions totaling $68 million, including its first affordable h...

  • Safehold closed four transactions in Q1 2024 totaling $68 million, including three ground leases and one leasehold loan, with credit metrics aligned to portfolio targets (GLTV of 40%, rent coverage of 2.9x, economic yield of 7.2%).
  • The company achieved its first affordable housing deal outside California in Austin, Texas, marking its 20th LIHTC closing and signaling expansion into the second-largest LIHTC market.
  • Portfolio UCA reached $9.5 billion at quarter end, up over $200 million from the prior quarter, driven by new investments and improving appraisal values.
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FINW April 30, 2026

FinWise Bancorp Q1 2026 Earnings Call - CEO Transition and SBA Charge-Offs Offset by Record Originations

FinWise Bancorp navigated a transitional quarter as Jim Noone officially stepped into the CEO role, inheriting a portfolio grappling with elevated SBA charge-offs concentrated in legacy e-commerce cre...

  • CEO Transition Complete: Jim Noone officially assumed the CEO role following a multi-year succession plan, with Executive Chairman Kent Landvatter remaining to oversee strategy and governance.
  • Record Loan Originations: First-quarter loan originations totaled $1.7 billion, a 38% year-over-year increase, driven by strong contributions from both maturing and new strategic partners.
  • SBA Charge-Offs Concentrated: Net charge-offs hit $9.4 million, primarily driven by a narrow set of legacy SBA 7A credits in the e-commerce vertical, which management expects to remain elevated for the next few quarters.
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CFR April 30, 2026

Cullen/Frost Bankers Inc Q1 2026 Earnings Call - Record Pipeline and Aggressive Branch Expansion Drive EPS Growth

Cullen/Frost Bankers delivered a strong first quarter with earnings per share rising 15.2% to $2.65, driven by aggressive consumer loan growth and a record commercial pipeline. The bank continued its ...

  • First quarter earnings reached $169.3 million, a 13.4% increase year-over-year, with EPS of $2.65 up 15.2% from $2.30.
  • Return on average assets improved to 1.32% and return on average common equity stood at 15.15%, reflecting strong profitability metrics.
  • Consumer loan balances surged 19% year-over-year, adding $154 million in the quarter alone, with mortgage products contributing $124 million of that growth.
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SBGI April 30, 2026

Sinclair Broadcast Group Q1 2026 Earnings Call - Deleveraging and Sports Momentum Drive Strong Q1 Results

Sinclair Broadcast Group delivered a solid Q1 2026 with revenue up 4% year-over-year to $807 million and adjusted EBITDA growing 13% to $126 million. The company is executing on multiple fronts: core ...

  • Revenue of $807 million grew 4% year-over-year, while adjusted EBITDA surged 13% to $126 million, reflecting strong operating leverage and cost discipline.
  • Core advertising revenue rose 4% year-over-year, buoyed by the Super Bowl, Winter Olympics, and NBA, despite being underweight on NBC.
  • Distribution revenue increased 2% year-over-year, supported by improving subscriber churn trends and incremental benefits from partner station buy-ins.
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RMNI April 30, 2026

Rimini Street Q1 2026 Earnings Call - Agentic AI Modernization Drives Booking Surge and Return to Growth

Rimini Street reported a return to top-line growth in Q1 2026, driven by a surge in new bookings and a strategic pivot toward Agentic AI ERP modernization. The company closed 11 new deals exceeding $1...

  • Revenue grew 1.2% year-over-year to $105.5 million, with a 5.2% increase excluding the Oracle PeopleSoft wind-down.
  • Billings surged 19.9% year-over-year to $95.3 million, reflecting accelerating demand and larger contract sizes.
  • The company closed 11 new client transactions over $1 million in total contract value, doubling the five deals closed in Q1 2025.
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SNDX April 30, 2026

Syndax Pharmaceuticals Q1 2026 Earnings Call - Revuforj Sales Surge as Transplant Rates Unlock Post-Transplant Growth

Syndax Pharmaceuticals delivered a robust first quarter, with total revenue jumping 224% to $64.9 million, driven by double-digit growth in Revuforj and sustained momentum in NICTIMVO. The commercial ...

  • Total revenue surged 224% year-over-year to $64.9 million, reflecting the rapid commercial ramp of Revuforj and NICTIMVO.
  • Revuforj net revenue hit $49 million, growing double-digit quarter-over-quarter and annualizing near $200 million, with strong adoption in the newly approved NPM1 indication.
  • NICTIMVO delivered $55 million in net revenue, annualizing over $200 million, with a 50% profit share from Incyte totaling $15.9 million in collaboration revenue.
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LPLA April 30, 2026

LPL Financial Q1 2026 Earnings Call - Record EPS Driven by Commonwealth Integration and AI-Powered Efficiency Gains

LPL Financial delivered a record adjusted EPS of $5.60 in Q1 2026, driven by solid organic asset growth of $21 billion, disciplined expense management, and the early financial impact of the Commonweal...

  • Record adjusted EPS of $5.60, up 9% year-over-year, driven by organic growth and expense discipline.
  • Total client assets decreased to $2.3 trillion as organic growth of $21 billion was offset by lower equity markets.
  • Organic net new assets grew at a 4% annualized rate, with recruited assets improving to $17 billion in Q1.
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