Delta Air Lines Q3 2026 Earnings: Record $20.2B Revenue, Net Income Down 47% on a $4.4B Fuel Bill
Delta's Q3 2026 revenue hit a record $20.2B, but net income fell 47% to $756M as fuel rose 69%; full-year EPS guidance was cut to $5.10–$5.60.
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Feast vs. Tecton: Capitalizing In-House Feature-Store Infrastructure Under ASC 350-40 When You Build Instead of Buy
Building on Feast turns engineering payroll into a capital asset under ASC 350-40; buying Tecton keeps it operating expense. Document the stages.
Fixed Asset Useful Life: How to Pick MACRS Recovery Periods and Book Lives Without Overpaying Tax
IRS recovery periods set your tax deduction; book lives track real wear. Keep both schedules, revise prospectively, fix old errors via Form 3115.
Operating vs. Finance Leases Under ASC 842: Classification, ROU Assets, and Lease Liabilities
Meet any one of five ASC 842 tests and your lease is finance, not operating — a choice that front-loads expense and reshapes leverage ratios.
Why Your P&L Shows Profit While Your Bank Account Is Empty
Profit books invoiced revenue before cash arrives while loan principal, inventory, and draws drain cash invisibly — find the leak on your cash flow statement.
QuickBooks Online Retired "Classic" Reports: What the Modern View Switch Means for Your Reporting
QuickBooks retired Classic reports for all standard and saved custom reports — audit the accounting method, date range, and filters on each migrated report.
Xero Ultra: What the New Enterprise-Grade Tier Means When You Have Outgrown Basic Bookkeeping Software
Xero Ultra adds multi-entity consolidation, scenario forecasting, and stronger controls on the same platform — for 20-to-200-employee businesses skipping ERP.
Dollar Tree Q2 FY2026 Earnings: A $369M Tariff Refund Behind a $690M Quarter
Dollar Tree's Q2 FY2026 operating income hit $690.1M, but $368.7M of IEEPA tariff refunds drove 755 of the 850 bp gross-margin gain; comps rose 3.7%.
Ulta Beauty Q2 FY2026 Earnings: $3.0B in Sales, 3.8% Comps and No Tariff Refund
Ulta's Q2 FY2026 sales rose 8.9% to $3.04B on 3.8% comps, with operating income up 10.1% to $379.6M and no tariff refund in the margin.
BlackBerry Q2 FY2027: Revenue Up 26% to $163M, a Record QNX Quarter and a Sixth Straight Profit
BlackBerry's Q2 FY2027 revenue rose 26% to $163.3M on a record $80.3M QNX quarter, lifting net income to $33.9M — a sixth straight GAAP profit.
FactSet FY2026: GAAP EPS Missed at $14.57, Adjusted Beat at $18.01
FactSet's FY2026 GAAP EPS of $14.57 missed guidance while adjusted EPS of $18.01 beat it. We walk the $126.0M gap between the two net incomes, item by item.
H&M Q3 2026: Operating Profit Up 23% on Flat Sales, 1.6 Points One-Off
H&M's Q3 2026 operating profit rose 23% to SEK 6,037M on 0.3% sales growth; strip out 1.6 margin points of one-off tariff effects and it's ~4%.