H&R Block FY2026 Earnings: The $736M Tax Machine That Books 61% of Revenue in One Quarter
H&R Block FY2026: $736.3M net income (+20.8%) on $3.95B revenue, flattered by an $84.1M IRS settlement; adjusted EPS up 13.9% to $5.31.
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Jefferies Q3 2026: Record $818M Advisory Inside $2.22B of Net Revenues — and a Profit Revised Up
Jefferies Q3 FY2026: record $817.8M advisory (+25%) and $626.2M equities (+29%) in $2.22B net revenues; the 10-Q revised net income up $24.2M on a tax benefit.
JPMorgan Chase Q3 2026 Earnings: The $5.57 Miss, a $664 Million Buyback, and a Raised Outlook
JPMorgan Q3 2026: $5.57 EPS missed on $50.2B revenue as buybacks fell to $664M — but NII rose 13% and the 2026 guide went to $106.2B.
Peloton FY2026 Earnings: The First Profit After $4.8B of Losses
Peloton FY2026: $63.2M net income — its first profitable year — on $2.446B revenue (−1.8%), earned by cutting opex 67% from FY2022.
PepsiCo Q3 2026 Earnings: $25.3 Billion Revenue, a $178 Million Tariff Refund and a Guidance Cut
PepsiCo's Q3 2026 core profit rose 3% only because of a $178M tariff refund; without it core profit fell about 1%, and EPS guidance was cut.
Sublease Accounting Under ASC 842: How to Split One Lease Into Two Without Breaking Either
Your head-lease liability stays while the sublease adds a second set of books — classify by the underlying asset, present gross, test for impairment.
Zoom Q2 FY2027 Earnings: $1.54B Net Income on a $1.61B Anthropic Markup
Zoom's Q2 FY2027: $1.54B GAAP net income on $1.28B revenue, driven by a $1.61B unrealized Anthropic markup — operating income fell 2% to $314M.
Flux Analysis, Explained: How Comparing Account Balances Across Periods Catches Errors, Variance, and Fraud Before the Books Close
Flux analysis compares each account to last period and demands a reason for every material move — catching misposts, stale accruals, and fraud before the close.
Seagate FY2026 Earnings: $12.2B Revenue and a 52.3% Q4 Gross Margin as AI Data Centers Pay for Storage
Seagate's FY2026 revenue grew 34% to $12.2B with Q4 gross margin at 52.3% on AI data-center demand; net income more than doubled to $3.2B.
Statement of Changes in Equity, Explained: The Fourth Financial Statement That Reconciles Profit to Ending Equity
Beginning equity plus profit minus distributions plus new capital equals ending equity — the statement that reconciles each dollar of movement.
GAAP vs. IFRS: How US and International Rules Differ on Revenue, Inventory, Leases, and Development Costs
GAAP allows LIFO and expenses R&D; IFRS bans LIFO and capitalizes development — four framework gaps that change reported profit, and records that survive both.
Historical Cost vs. Fair Value: Why Your Balance Sheet Records What You Paid, Not What It's Worth
GAAP books assets at what you paid, not what they are worth — except securities, write-downs, and crypto, which follow fair value.