Earnings Call Transcripts

Access detailed transcripts and key takeaways from company earnings calls

All Earnings Calls

HQY May 28, 2026

HealthEquity Q1 2027 Earnings Call - Raised Guidance & AI-Driven Margin Expansion

HealthEquity delivered a quarter defined by disciplined execution and accelerating operational leverage. Revenue climbed 7% to a record pace, while adjusted EBITDA margins expanded to 46% as AI automa...

  • Revenue grew 7% year-over-year, with service revenue hitting a record $122.9 million and custodial revenue up 11% to $174.3 million.
  • Adjusted EBITDA margin expanded to 46%, up from 42% in the prior year quarter, driven by operational leverage and AI automation.
  • Management raised full-year fiscal 2027 revenue guidance to $1.41-$1.42 billion and adjusted EBITDA guidance to $625-$633 million.
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PD May 28, 2026

PagerDuty Q1 FY2027 Earnings Call - New CEO Takes Helm, Usage-Based Pivot Shows Early Traction

PagerDuty delivered a solid Q1 FY2027 with $121M in revenue (+1% YoY) and non-GAAP operating margins of 25%, exceeding guidance. The quarter marked a pivotal leadership transition as Jennifer Tejada s...

  • PagerDuty reported Q1 FY2027 revenue of $121M (+1% YoY) and non-GAAP operating margins of 25%, beating guidance on both top and bottom lines.
  • CEO transition complete: Jennifer Tejada steps down after 10 years; John DiLullo, former Deepwatch CEO and long-time customer, takes over as CEO.
  • Usage-based pricing pivot gaining momentum: Operations Cloud ARR nearly doubled from Q4 to Q1, now representing ~10% of total ARR.
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ASAN May 28, 2026

Asana Q1 FY2027 Earnings Call - AI Product Bookings Hit 17% of New ARR as StackAI Acquisition Expands Agentic Workflow Play

Asana delivered a strong start to fiscal 2027 with Q1 revenue of $205.1 million, up 9.5% year-over-year, and non-GAAP operating margin expanding 720 basis points to 11.5%. The company reported a fourt...

  • Revenue of $205.1 million grew 9.5% year-over-year, beating the high end of guidance, while non-GAAP operating margin expanded 720 basis points to 11.5%, reflecting strong operating leverage.
  • In-quarter net retention rate improved for a fourth consecutive quarter to 97%, driven by healthier gross retention and expansion activity, particularly among customers adopting AI products.
  • AI product bookings contributed 17% of net new ARR in Q1, ahead of the 15% full-year target, with the number of customers spending over $100,000 annually on AI Studio nearly doubling.
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DELL May 28, 2026

Dell Technologies FY2027 Q1 Earnings Call - Record Revenue and AI Backlog Surge Drive Massive Guidance Raise

Dell delivered a record-breaking first quarter for FY2027, posting $43.8 billion in revenue, up 88% year-over-year, and diluted EPS of $4.86, up 214%. The blowout performance was anchored by an AI ser...

  • Dell reported record first-quarter revenue of $43.8 billion, up 88% year-over-year, and diluted EPS of $4.86, up 214%, driven by an unprecedented surge in AI infrastructure demand.
  • AI server orders reached $24.4 billion in Q1, propelling the company to a record $51.3 billion AI backlog, with management expecting the pipeline to remain multiples of this backlog heading into the second half of the year.
  • Dell raised its full-year FY2027 revenue guidance by $27 billion to a new midpoint of $167 billion and increased diluted EPS guidance to $17.90, citing durable, broad-based demand and a supply-constrained environment that is limiting near-term fulfillment.
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AMBA May 28, 2026

Ambarella Q1 FY2027 Earnings Call - Ambarella Secures $800M+ Hanwha LTA, Automotive Hits Record, Edge AI Platform Gains Traction

Ambarella delivered a solid Q1 FY2027, posting $100.4M in revenue and $5M in non-GAAP net income, guided for a seasonally strong Q2 with $105M-$111M revenue. The standout development is a landmark lon...

  • Revenue of $100.4M slightly beat guidance midpoint, driven by strong automotive growth despite seasonal IoT softness.
  • Non-GAAP gross margin came in at 59.9%, staying within the guided 59%-60.5% range, while OpEx was controlled at $56.4M.
  • Ambarella announced a massive Long-Term Agreement (LTA) with Hanwha, valued at over $800M in potential revenue across 10+ years, covering enterprise security, robotics, and industrial automation.
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NGL May 28, 2026

NGL Energy Partners Q4 2026 Earnings Call - Water Solutions Drives Record EBITDA Amid Capital Structure Simplification

NGL Energy Partners closed fiscal 2026 with record adjusted EBITDA of approximately $660 million, driven entirely by its Water Solutions segment, which posted $603 million for the full year. The compa...

  • Full-year adjusted EBITDA reached approximately $660 million, hitting the high end of guidance and marking strong year-over-year growth fueled by the Water Solutions segment.
  • Water Solutions generated $603 million in adjusted EBITDA for the full year, with disposal volumes averaging 2.9 million barrels per day, up 11% from the prior year.
  • The company divested its wholesale propane and rack marketing businesses in April, successfully transitioning to a pure-play water company and reducing quarterly EBITDA volatility.
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AEO May 28, 2026

American Eagle Outfitters (AEO) Q1 2025 Earnings Call - Aerie Surges Past $2B While AE Bottoms Drag

American Eagle Outfitters delivered a bifurcated first quarter, where Aerie’s relentless momentum completely overshadowed American Eagle’s structural struggles in women’s bottoms. Revenue rose 10% to ...

  • Aerie cleared $2 billion in trailing revenue, up 34% year-over-year, with comparable sales jumping 25% across all channels.
  • American Eagle declined 2% in total sales, dragged almost entirely by underperforming women’s bottoms and denim.
  • Men’s at American Eagle posted its third consecutive quarter of positive comp growth, proving the brand’s core male audience remains engaged.
  • +7 more takeaways
BMA May 28, 2026

Banco Macro Q1 2026 Earnings Call - Net Income Surges 131% as Asset Quality Deterioration Signals a Potential Peak

Banco Macro delivered a robust first quarter of 2026, with net income jumping 131% year-over-year to ARS 139.8 billion, driven by a 25.3% net interest margin and a successful short-dollar strategy. Th...

  • Net income surged 131% year-over-year to ARS 139.8 billion, with an adjusted annualized ROE of 11.6%, significantly outperforming the 8% guidance.
  • Net interest margin expanded to 25.3%, up from 21.7% in Q4 2025, fueled by a 21% quarter-over-quarter drop in interest expenses and a successful short-dollar strategy.
  • Administrative and employee benefits costs fell 28% quarter-over-quarter, reflecting a 3% headcount reduction and a 24-branch network contraction to 420 locations.
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UHAL May 28, 2026

U-Haul Holding Company Fourth Quarter Fiscal 2026 Earnings Call - Fleet Depreciation Weighs on Earnings as Board Approves $350 Million Buyback

U-Haul reported a fourth-quarter loss of $128 million, driven primarily by a sharp increase in fleet depreciation on its cargo van and box truck fleets. Full-year adjusted EBITDA rose 1.6% to $1.65 bi...

  • U-Haul reported a fourth-quarter fiscal 2026 loss of $128 million, a significant deterioration from the $82 million loss in the prior year quarter.
  • Full-year fiscal 2026 GAAP earnings fell 77% to $83 million, down from $367 million in fiscal 2025, primarily due to increased depreciation expenses.
  • Adjusted EBITDA at the moving and storage segment increased 1.6% to $1.65 billion for the full year, with quarterly adjusted EBITDA rising $6 million to $223 million.
  • +9 more takeaways
REX May 28, 2026

REX American Resources Q1 2026 Earnings Call - Record EPS Driven by 45Z Tax Credits and Ethanol Expansion

REX American Resources delivered its strongest first quarter in company history, with net income per share doubling to $0.56, fueled by $7.5 million in 45Z production tax credits and lower corn costs....

  • Record EPS: $0.56 per diluted share, the highest first-quarter result in company history.
  • 45Z Tax Credits: $7.5 million recognized, contributing significantly to gross profit and equity income.
  • Ethanol Sales: 71.1 million gallons, up slightly from 70.9 million in Q1 2025, at an average price of $1.66 per gallon.
  • +7 more takeaways