ADP Q1 FY2027 Earnings: Interest on Client and Corporate Funds Drove Half of Profit Growth
ADP Q1 FY2027 pre-tax earnings rose $147M, $75M of it from interest on client and corporate funds, while those holdings lost $855M pre-tax in OCI.
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Apple FY2026 Earnings: Net Income Up 18%, Buybacks Down 5%, and Retained Earnings Back Above Zero
Apple's FY2026 net income rose 18% to $132.2B as buybacks fell 5%, leaving retained earnings at a $13.7B surplus — the first year-end above zero since 2021.
Estée Lauder Q1 FY2027 Earnings: Sales Up 7%, Operating Income Up 141%, Gross Margin Back to 75.7%
Estée Lauder Q1 FY2027 net earnings of $233M topped all of fiscal 2026 as gross margin returned to 75.7% and operating margin rose to 11.0% on sales up 7%.
Figma Q3 2026 Earnings: Revenue Up 43% as AI Hosting Costs Squeeze Gross Margin
Figma Q3 2026 revenue rose 43% to $391.4M, but AI hosting pushed cost of revenue up 27% in a quarter and non-GAAP gross margin fell to 82% from 86%.
Netgain's Consolidation Beta: What Multi-Entity Small Businesses Should Fix Before Their Books Outgrow Spreadsheets
Your close is slow because intercompany, NCI, and FX translation live in spreadsheets — fix the process behind each before buying consolidation software.
Peloton Q1 FY2027 Earnings: A $96M Quarter Beats All of FY2026, With Help From Tariff Refunds
Peloton earned $96.2M in Q1 FY2027, more than all of fiscal 2026, as tariff refunds lifted gross margin to 61.3%. Its full-year margin guide did not move.
Redeemable Preferred Stock and Temporary Equity, Explained: Why Shares the Holder Can Put Back to You Sit Between Debt and Equity
Preferred shares the holders can put back sit in temporary equity, not equity — and quarterly accretion shrinks earnings available to common stock.
Seagate Q1 FY2027 Earnings: Revenue Up 61%, Cost of Revenue Up 13%, Gross Margin 57.3%
Seagate Q1 FY2027 revenue rose 61% to $4.23B while cost of revenue rose 13%, lifting gross margin to 57.3% and funding $1.26B of debt paydown.
Starbucks FY2026 Earnings: Profit Up 36% as China Licensing Shrinks the Balance Sheet 11%
Starbucks FY2026 net income rose 36% to $2.5B on 2% revenue growth, while licensing out China stores cut total assets 11% and goodwill by $2.1B.
The Two-Class Method for EPS, Explained: How Earnings Get Split Between Common Stock and Participating Securities
Participating securities take their cut before EPS is computed — declared dividends first, then undistributed earnings pro rata by participation rights.
Debt Extinguishment, Explained: The Gain or Loss Hiding in Paying Off a Loan Early
Early loan payoff books carrying amount minus payoff as gain or loss, and IRS cancellation-of-debt rules can tax a cashless gain — run the 10% test first.
Fair Value vs. Fair Market Value: Why Your Business Has Two Different Numbers
Fair market value is the IRS willing-buyer price with minority discounts; GAAP fair value is the undiscounted exit price in your principal market.