Quarterly Earnings

Netflix Q2 2026 earnings: a troubling pattern of opacity

Netflix reported its Q2 2026 earnings results last week: $12.6BN in revenue (up 13.4%, year-over-year); Operating profit of $4.2BN for an operating…

AppLovin Q1 2026 earnings: 59% ad revenue growth, the hybrid monetization opportunity for games

AppLovin reported its Q1 2026 earnings yesterday: Advertising revenue grew by 59.0% to $1.84BN. Net income grew by 66.5% to $1.21BN, at 65.4% margin.…

Amazon, Rufus, and the agentic commerce question

Amazon released its Q1 2026 earnings last week: the company generated advertising revenue of $17.2BN, up 22% year-over-year. That puts…

Reddit Q1 2026 earnings: 74% ad revenue growth, 75% growth in advertiser count

Reddit reported its Q1 2026 earnings last week: Total revenue increased by 69% year-over-year to $663.4MM. Ad revenue increased 74% to $625…

Alphabet Q1 2026 earnings: Search revenue up 19%, Search queries at all-time high

Alphabet released its Q1 2026 earnings last night: Overall advertising revenue grew by 15.5% to $77.3BN. Search revenue grew by 19.1% to $60.4BN. YouTube…

Meta Q1 2026 earnings: 33% ad revenue growth, MCP support for ad buying agents

Meta released its Q1 2026 earnings results yesterday: Advertising revenue increased by 32.9% on a year-over-year basis, to $55.0BN; Impressions served across the…

Netflix Q1 2026 earnings: programmatic approaching 50% of ad revenue

Netflix reported its Q1 2026 earnings results last night: $12.2BN in revenue (up 16.2%, year-over-year); Operating profit of $4.0BN for an operating…

AppLovin Q4 2025 earnings: understanding AppLovin’s risks

AppLovin reported its Q4 2025 earnings last night: Advertising revenue grew by 65.9% to $1.7BN. Net income grew by 84.0% to $1.1BN, at 66.5%…

February 12, 2026

Snap Q4 2025 earnings: 5% advertising revenue growth, 71% subscriber growth

Snap announced its Q4 2025 earnings results last week: Revenue of $1.7BN grew by 10.2% year-over-year, with advertising revenue of $1.5BN having…

February 9, 2026

Reddit Q4 2025 earnings: 75% ad revenue growth, SMB revenue doubles

Reddit reported its Q4 2025 earnings last night: Total revenue increased by 70% year-over-year to $726MM. Ad revenue increased 75% to $690…

February 6, 2026