Earnings News
SearchMaterial company financial results, earnings reports or trading updates.
Geely reports Q3 profit of 5.21bn yuan, with exports driving earnings
Geely Auto reported Q3 revenue of 99bn yuan and core net profit of 5.21bn yuan. The article says exports accounted for 39.8% of sales but generated 92.9% of profit, as the company raised its annual export target to 920,000 vehicles.
Rivian beats third-quarter earnings estimates and raises 2026 delivery guidance
Rivian reported third-quarter revenue of $2.16bn and a record 19,248 vehicle deliveries, while its software and services segment generated $605m in revenue. It raised 2026 delivery guidance to 67,000–70,000 vehicles and lowered its capital expenditure outlook.
T-Mobile raises guidance and outlines spectrum and AI network plans
T-Mobile beat third-quarter forecasts and raised its full-year guidance. Executives outlined plans to devote more capital to upcoming US spectrum auctions and discussed edge-AI monetisation, AI-RAN efficiency gains and network capacity for growing physical-AI traffic.
Waymo expands as Alphabet’s Other Bets losses widen
Waymo operates in 15 US cities and plans expansion into Canada, Germany, Singapore and Spain. Alphabet’s Other Bets segment, which includes Waymo, reported a $2.05bn operating loss in the quarter, against revenue of $372m.
Ford’s third-quarter earnings preview centres on F-150 disruption
Analysts expect Ford’s third-quarter revenue and adjusted earnings per share to fall year on year. Investors will watch the impact of a September F-150 production disruption and any changes to the company’s 2026 guidance.
Stellantis reports €4bn third-quarter industrial cash outflow
Stellantis reported a €4bn industrial cash outflow in the third quarter, while revenue rose 1% and adjusted operating income increased to €256m. The automaker reaffirmed its target of positive industrial free cash flow in 2027 as it continues its turnaround plan.
Porsche’s operating profit rebounds as China exposure falls
Porsche reported operating profit of €1.74bn for the first nine months of 2026, compared with €40m a year earlier, despite lower revenue and deliveries. The carmaker said it had significantly reduced its exposure to China; North America remained its largest sales region.
Volvo Cars reports third-quarter loss and plans 2,500 job cuts
Volvo Cars reported a third-quarter operating loss of SEK5.6bn, citing weaker conditions in China and the US. It plans to cut 2,500 jobs globally, including 2,000 in Sweden, and reduce costs by SEK5bn.
Nokia says AI-RAN is nearing commercial deployment
Nokia reported Q3 sales growth and said AI-RAN is approaching commercial deployment. T-Mobile completed a live call on the platform, while Elisa ran voice, mobile data and AI workloads simultaneously; further trials are planned in the UK and Germany.
ZF raises nine-month earnings and strengthens funding position
ZF reported nine-month 2026 sales of €28.9bn, adjusted EBIT of €1.4bn and free cash flow of about €1.1bn. Net debt fell to €10.1bn, while a €750m bond issue will help refinance upcoming maturities. Growth was driven mainly by North America.
Tesla earnings due after Musk backs possible SpaceX merger
Tesla is due to report earnings after Elon Musk called a merger with SpaceX a good idea and said special committees at both companies are discussing a tie-up. Investors are also seeking updates on Tesla’s spending, driver-assistance software and robotaxi plans.
GM set to report earnings as investors watch for updated guidance
GM is due to report third-quarter results, with Wall Street expecting broadly flat revenue and higher adjusted earnings per share. Investors will also look for updated 2026 guidance and indications of progress in software and services.
Ericsson beats Q3 earnings forecasts but warns of rising costs and flat RAN demand
Ericsson reported seven per cent organic sales growth and beat adjusted EBITA forecasts, but said AI-driven component costs will pressure margins through 2027 as the RAN market remains flat. It is reorganising enterprise wireless and creating a new APAC sales region.
MMS fleet units rise as managed-only arrangements grow
MMS’s fleet division ended FY26 with about 16,000 units under management, up 3.3%, while managed-only units rose 30% and the business added 20 net new clients. Productivity improved, but earnings fell amid slower fleet replacement cycles and investment in operational capacity.
MMS novated lease portfolio reaches 90,000 vehicles
McMillan Shakespeare grew its novated lease portfolio by 13.5% to 90,000 vehicles in FY26, with sales up 8.4%. Battery-electric vehicles made up 57% of new novated leases, up from 31% a year earlier.
Stellantis reaffirms 2026 guidance and cash-flow targets
CEO Antonio Filosa reaffirmed Stellantis’ 2026 revenue and margin guidance and its goal of positive cash flow by 2027, as the automaker pursues a roughly $70bn turnaround. The company also targets more than €3bn in free cash flow in 2028.
Wielton reports improved first-half 2026 results as vehicle sales rise 10%
Wielton Group’s first-half 2026 revenue rose 19.4% to PLN 1.18bn, while vehicle sales increased 10% to 8,577. EBITDA returned to PLN 17.4m from a loss, and the net loss narrowed to PLN 43.6m. The group also added an EVO box semi-trailer to its range.
Volkswagen profit warning deepens pressure on carmaker
Volkswagen cut its operating-margin forecast to 1% after a €10bn hit from Porsche-related impairment and restructuring costs. The warning comes as the carmaker faces weaker demand, Chinese competition and a costly electric-vehicle transition.
Polestar cuts 2026 sales outlook as US connected-vehicle ban bites
Polestar has lowered its 2026 sales-growth guidance after US Connected Vehicle Rule restrictions blocked future model-year sales. The EV maker also reported lower first-half revenue and unveiled its Formula 2030 concept car as it seeks to strengthen sales and reach profitability.
Smartgroup novated leases under management rise to 91,600
Smartgroup’s novated leases under management increased 15% year on year to 91,600 at June 2026. New lease orders rose 34%, while first-half revenue increased 13% to $179.5m and operating EBITDA grew 16% to $73.8m.
ChargePoint reports quarterly beat as CEO forecasts continued growth
ChargePoint reported $116.1m in quarterly revenue, beating expectations, while its CEO forecast further growth from new charging products and technology. The company is rolling out faster chargers in Europe and next-generation Level 2 and Level 3 products in the US.
ABAX reports resilient Q2 EBITDA margin despite lower revenue
ABAX reported Q2 2026 revenue of NOK 180.4m and an adjusted EBITDA margin of 42.9%. Offroad ARR rose 8% and Insurance ARR 36%, while Onroad ARR declined 8%. The connected-mobility provider also launched tachograph compliance and marketplace products.
Goodyear extends turnaround plan as cash burn and debt remain high
Goodyear has extended its Goodyear Forward turnaround plan after missing its 10% operating-margin target. The tyre maker is restructuring, refinancing and cutting costs while cash burn is expected to continue into 2027, including after the planned closure of its Fayetteville, North Carolina plant.
BYD reports H1 decline as Blade Battery capacity constrains sales
BYD reported a 7.1% revenue decline and 20.5% fall in H1 2026 net profit, while vehicle exports rose 67.8%. Chairman Wang Chuanfu blamed weaker sales partly on constrained second-generation Blade Battery production, which remains in ramp-up.
AROBS reports 36% first-half turnover growth and 121% profit rise
Romanian technology group AROBS reported H1 2026 turnover of RON 292m, up 36% year on year, while EBITDA rose 29% and net profit increased 121% to about RON 23m. Management maintained its full-year targets.
Ampol expands Australian EV charging network but remains loss-making
Ampol nearly doubled its Australian EV charging bays to 356 and invested A$10m in fast chargers. Its Energy Solutions business posted a A$15.6m first-half operating loss but expects to break even towards the end of 2028.
Quarterhill reports stronger Q2 and advances $70m Conduent tolling deal
Quarterhill reported improved Q2 profitability and agreed to acquire Conduent’s tolling solutions business for $70m plus shares. The deal, due to close in Q4 2026, is expected to nearly triple tolling revenue, while new US and Asia-Pacific contracts support organic growth.
Trimble reports Q2 growth and raises 2026 guidance
Trimble reported second-quarter 2026 revenue of $972 million, up 11% year on year, while annualised recurring revenue rose 14% to $2.51 billion. It raised its full-year revenue and earnings guidance despite a $562 million goodwill impairment in Transportation and Logistics.
Uber gives weaker third-quarter outlook while committing $10bn to AVs
Uber reported second-quarter revenue of $14.19bn and total bookings of $58bn, but issued weaker-than-expected third-quarter bookings and earnings guidance. It also expects to commit more than $10bn to commercialise autonomous vehicles at scale.
Trimble schedules second-quarter 2026 results call
Trimble will host a webcast and conference call on 12 August to discuss its second-quarter 2026 results.
Lucid delays midsize EV launch amid operational reset and results miss
Lucid missed second-quarter expectations and delayed its midsize EV launch to most likely the second half of 2027. CEO Silvio Napoli outlined a $1.4bn cash-flow improvement programme, while production at its Arizona plant has been cut to one shift.
US trucking fleets report stronger Q2 results amid driver shortages
Major US trucking fleets reported stronger second-quarter results as freight demand showed signs of recovery. Executives said capacity is tightening and qualified-driver shortages are worsening, with Werner using AI to improve recruitment.
Cummins raises 2026 outlook after record second-quarter results
Cummins reported record second-quarter 2026 revenue of $9.5bn, up 9% year on year, and raised its full-year revenue growth outlook to 10–13%. North American truck demand and China construction contributed to the improved forecast.
Rivian cuts 2026 spending forecast and narrows loss guidance
Rivian cut its 2026 capital-spending forecast by $250 million at the midpoint and narrowed its projected adjusted loss. It maintained its 65,000–70,000 delivery target while ramping up R2 production at its Normal, Illinois plant.
Ferrari raises 2026 guidance after second-quarter earnings beat
Ferrari raised its 2026 guidance after second-quarter earnings beat expectations, citing resilient demand, personalisation orders and an order book extending through 2027. Q2 operating profit reached €605m, while net profit rose 9% to €463m.
Stellantis returns to profit as North American demand improves
Stellantis returned to second-quarter net profit of €293m, compared with a €1.87bn loss a year earlier, as North American demand improved. Adjusted operating income more than tripled, but missed analysts’ expectations and shares fell about 5%.
Carvana reports record second-quarter profit and raises 2026 earnings outlook
Carvana reported record second-quarter results, with net income of $513 million and vehicle sales up 38% to 197,325 units. It forecast adjusted earnings of $2.7bn-$3bn for 2026.
Ford earnings preview focuses on guidance and F-Series production recovery
Ford is expected to report a year-on-year decline in second-quarter automotive revenue and adjusted earnings. Investors are also watching 2026 guidance, warranty and commodity costs, and the recovery of F-Series truck production after an aluminium supplier resumed operations in New York.
TFI reports strong Q2 as it targets higher US LTL pricing
TFI International reported strong second-quarter growth, with revenue up 12% and net income up 39%. The trucking group plans to raise underpriced US LTL rates, while tighter enforcement and constrained capacity support a more durable truckload recovery.
Stellantis Pro One reports 7% first-half commercial-vehicle sales growth
Stellantis Pro One reported 7% first-half 2026 sales growth and maintained strong commercial-vehicle positions globally. It led Europe’s battery-electric van market, increased shares in South America and North America, and launched the Ram Dakota in Brazil.
VINCI reports excellent first-half 2026 results
VINCI reports excellent first-half 2026 results, supported by energy services, strong orders and cost control despite geopolitical and macroeconomic pressures. The group also highlights international infrastructure investments and concession activity.
Tesla shares slump after negative cash flow and higher project spending
Tesla shares fell 18% in their worst weekly performance since 2022 after second-quarter results showed negative cash flow amid increased spending on robotaxis, humanoid robots and chip manufacturing. The article also covers SpaceX’s planned Starship V3 test flight.
Volkswagen cuts 2026 revenue outlook after quarterly profit slump
Volkswagen reported a weaker-than-expected second-quarter operating profit and cut its 2026 revenue outlook to between -3% and 0% year on year. The carmaker cited the end of US production of its ID.4 electric SUV, adverse vehicle mix and rising costs.
Mullen Group reports record quarter and raises 2026 capital budget
Mullen Group reported record second-quarter revenue and earnings, raising its 2026 capital budget by C$50 million to prepare for freight growth and potential nation-building and Alaska LNG projects.
Tesla profits squeezed as AI spending drives cash burn
Tesla reported stronger-than-expected revenue but sharply lower earnings and negative cash flow, as heavy spending on AI, Full Self-Driving and robotaxis squeezed profits. Elon Musk also suggested Tesla and SpaceX have increasing technological overlap.
Tesla reports negative cash flow as self-driving and AI spending accelerates
Tesla reported negative second-quarter free cash flow and expects more than $25bn in 2026 capital spending, including investment in self-driving, AI, robotics and driverless Cybercab production.
Tesla prepares to report second-quarter results amid EV and Robotaxi scrutiny
Tesla is due to report second-quarter results, with investors focused on vehicle deliveries, its EV recovery, driverless Robotaxi plans and progress in robotics and AI initiatives.
GM expected to report higher adjusted earnings despite slight revenue decline
General Motors is expected to report a 26% rise in adjusted earnings per share and a slight revenue decline for the second quarter. Investors will focus on tariffs, pricing, commodity costs and any changes to the automaker’s 2026 guidance.
China automakers face profit squeeze from raw material and chip costs
First-half forecasts from six listed Chinese automakers show four expecting losses, while the two profitable companies anticipate net-profit declines of nearly 60% or more. Rising raw-material and automotive storage-chip costs are squeezing margins amid weak demand and heavy discounting.