Post Earnings

Braze (NASDAQ: BRZE) — Q2 FY2027 Post Earnings

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Braze q2 27 post earnings note

Operations

Q2 2027
Q2 Revenue ↑ 26.16% YoY $227.23M
Divisions
Subscription 91.4%
Professional services and other 8.6%

Key Earnings Driver

Professional Services and Other Subscription revenue increased 20.9% year over year to $207.7M, and Professional services and other revenue increased 136.1% to $19.6M. Management said adoption of BrazeAI Decisioning Studio, BrazeAI Operator and Agent Console was accelerating.

Key Operating Metrics¹

METRIC

STATUS

Subscription↑ 20.9%

BrazeAI Decisioning Studio

BrazeAI Operator

Agent Console

Professional services and other↑ 136.1%

🟢 Scaling

Key Financial Metrics

Gross Margin 66.80% -0.9 pp YoY
Backlog / Revenue 480.9% 4.80x Qtr Rev
CapEx Intensity 1.09% 0.01x Revenue

Sources: Braze Q2 FY2027 Earnings Release — Company Website

Key Operating Metrics¹: Core operating metrics relevant to revenue, sourced from website and/or SEC filings for Q, with status based on reported data.

Ambarella (NASDAQ: AMBA) — Q2 FY2027 Post Earnings

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Ambarella q2 27 posst earnings

Operations

Q2 2027
Q2 Revenue ↑ 13.19% YoY $108.1M
Divisions
Ambarella 100.0%

Key Earnings Driver

AI inference SoC processors Ambarella revenue increased 13.2% year over year to $108.1M. Within Ambarella, Edge AI revenue reached record levels in Q2, with balanced sequential growth in Auto and IoT markets and very strong growth from its 5nm CV75 and CV72 AI inference SoC processors.

Key Operating Metrics¹

METRIC

STATUS

Ambarella↑ 13.2%

Edge AI

CV75 AI inference SoC processors

🟢 Scaling

CV72 AI inference SoC processors

🟢 Scaling

Key Financial Metrics

Gross Margin 57.70% -1.2 pp YoY
Backlog / Revenue N/A
CapEx Intensity 6.31% 0.06x Revenue

Sources: Ambarella Q2 FY2027 Earnings Release — SEC Filing

Key Operating Metrics¹: Core operating metrics relevant to revenue, sourced from website and/or SEC filings for Q, with status based on reported data.

Zscaler (NASDAQ: ZS) — Q4 FY2026 Post Earnings

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Zscaler ZS q4 post earnings finance note

Operations

Q4 2026
Q4 Revenue ↑ 24.88% YoY $898.19M
Divisions
Zscaler 100.0%

Key Earnings Driver

Z-Flex Zscaler revenue increased 25% year over year to $898.2M. Within Zscaler, Z-Flex TCV exceeded $770M in Q4, increasing more than 60% quarter over quarter, and exceeded $1.7B for FY2026. Management cited increasing contribution from non-seat-based solutions and continued Z-Flex momentum.

Key Operating Metrics¹

METRIC

STATUS

Zscaler↑ 25%

Z-Flex

🟢 Scaling

Key Financial Metrics

Gross Margin 77.00% +1 pp YoY
Backlog / Revenue 819.8% 8.19x Qtr Rev
CapEx Intensity 22.25% 0.22x Revenue

Sources: Zscaler Q4 FY2026 Earnings Release — Company Website, Zscaler Q4 FY2026 Shareholder Letter — Company Website

Key Operating Metrics¹: Core operating metrics relevant to revenue, sourced from website and/or SEC filings for Q, with status based on reported data.

Ciena (NYSE: CIEN) — Q3 FY2026 Post Earnings

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Ciena q3 26 post earnings Finance Note

Operations

Q3 2026
Q3 Revenue ↑ 37% YoY $1.67B
Divisions
Networking Platforms 81.1%
Platform Software and Services 5.9%
Blue Planet Automation Software and Services 1.4%
Global Services 11.6%

Key Earnings Driver

RLS, Waveserver and Transceivers Networking Platforms revenue increased 44% year over year to $1.36B. Within Networking Platforms, Optical Networking revenue increased 46% to $1.19B, driven by increased sales of 6500 Reconfigurable Line Systems, Waveserver systems and coherent pluggable transceivers, and Routing and Switching revenue increased 31% to $164.4M. Platform Software and Services revenue increased 10% to $98.6M, Blue Planet Automation Software and Services revenue declined 16.5% to $23.2M, and Global Services revenue increased 21% to $193.6M. On the earnings call, CFO Marc Graff said RLS and Waveserver each grew more than 55%.

Key Operating Metrics¹

METRIC

STATUS

Networking Platforms↑ 44%

Optical Networking↑ 46%

6500 Reconfigurable Line Systems

🟢 Scaling

Waveserver

🟢 Scaling

Coherent pluggable transceivers

🟢 Scaling

Routing and Switching↑ 31%

Global Services↑ 21%

Maintenance, Support, and Learning↑ 11.34%

Implementation↑ 33.34%

Advisory and Enablement↑ 16.69%

Key Financial Metrics

Gross Margin 45.40% +4.1 pp YoY
Backlog / Revenue 508.6% 5.08x Qtr Rev
CapEx Intensity N/A

Sources: Ciena Q3 FY2026 Earnings Release — Company Website

Key Operating Metrics¹: Core operating metrics relevant to revenue, sourced from website and/or SEC filings for Q, with status based on reported data.

Broadcom (NASDAQ: AVGO) — Q3 FY2026 Post Earnings

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Broadcom avgo q3 26 post earnings

Operations

Q3 2026
Q3 Revenue ↑ 85.5% YoY $29.59B
Divisions
Semiconductor Solutions 70.4%
Infrastructure Software 29.6%

Key Earnings Driver

AI Accelerators and AI Networking Semiconductor Solutions revenue increased 127% year over year to $20.8B. Within Semiconductor Solutions, AI semiconductor revenue increased 221% to $16.7B, driven by strong demand for custom AI accelerators and AI networking. Infrastructure Software revenue increased 29% to $8.8B. Management expects AI semiconductor revenue to reach $21.7B in Q4.

Key Operating Metrics¹

METRIC

STATUS

Semiconductor Solutions↑ 127%

AI semiconductor↑ 221%

AI Accelerators

🟢 Scaling

AI Networking

🟢 Scaling

Infrastructure Software↑ 29%

Key Financial Metrics

Gross Margin 69.13% +2.04 pp YoY
Backlog / Revenue N/A
CapEx Intensity 1.80% 0.01x Revenue

Sources: Broadcom Q3 FY2026 Earnings Release — Company Website, Broadcom Q3 FY2026 Company Presentation — Company Website, Broadcom Q3 FY2026 Earnings Conference Call — Company Website

Key Operating Metrics¹: Core operating metrics relevant to revenue, sourced from website and/or SEC filings for Q, with status based on reported data.

Snowflake (NYSE: SNOW) — Q2 FY2027 Post Earnings

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Snowflake nyse q2 27 post earnings

Operations

Q2 2027
Q2 Revenue ↑ 35.04% YoY $1.55B
Divisions
Product 96.4%
Professional Services and Other 3.6%

Key Earnings Driver

CoCo and CoWork Product revenue increased 37% year over year to $1.49B. Management attributed Product revenue growth acceleration to core data platform strength and a step up in AI revenue, with CoCo surpassing 9,100 accounts and CoWork expanding to 5,800 accounts. Professional Services and Other revenue increased 1% to $54.9M.

Key Operating Metrics¹

METRIC

STATUS

Product↑ 37%

CoCo

🟢 Scaling

CoWork

🟢 Scaling

Key Financial Metrics

Gross Margin 70.90% -0.8 pp YoY
Backlog / Revenue N/A
CapEx Intensity 0.49% 0.00x Revenue

Sources: Snowflake Q2 FY2027 Earnings Release — Company Website

Key Operating Metrics¹: Core operating metrics relevant to revenue, sourced from website and/or SEC filings for Q, with status based on reported data.

Credo Technology (NASDAQ: CRDO) — Q1 FY2027 Post Earnings

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Post earnings note company quarterly analysis

Operations

Q1 2027
Q1 Revenue ↑ 114.73% YoY $479M
Divisions
Credo Technology 100.0%

Key Earnings Driver

Active Electrical Cables Credo Technology’s Q1 revenue increased 114.7% year over year to $479.0M. The ramp-up of AEC solutions at hyperscale data center customers contributed over 90% of the revenue increase.

Key Operating Metrics¹

METRIC

STATUS

Credo Technology↑ 114.7%

Active Electrical Cables

🟢 Scaling

Key Financial Metrics

Gross Margin 64.50% -2.9 pp YoY
Backlog / Revenue 876.0% 8.76x Qtr Rev
CapEx Intensity 1.52% 0.01x Revenue

Sources: Credo Technology Q1 FY2027 Earnings Release — Company Website, Credo Technology Q1 FY2027 Quarterly Filing — SEC Filing

Key Operating Metrics¹: Core operating metrics relevant to revenue, sourced from website and/or SEC filings for Q, with status based on reported data.

Palo Alto Networks (NASDAQ: PANW) — Q4 FY2026 Post Earnings

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Palo Alto Networks panw q4 26 Post Earnings

Operations

Q4 2026
Q4 Revenue ↑ 34% YoY $3.41B
Divisions
Network & AI Security 68.4%
Cortex 17.2%
Idira 9.8%
Other 4.6%

Key Earnings Driver

Network & AI Security Network & AI Security revenue increased 17% year over year to $2.3B. Cortex revenue increased 25% to $586M. Idira revenue increased 21% pro forma to $336M. Other revenue increased 5% to $157M. Network & AI Security represented 68% of revenue and was the largest reported platform. Management attributed the quarter’s strength to Network & AI Security, Cortex, and Idira.

Key Operating Metrics¹

METRIC

STATUS

Network & AI Security↑ 17%

🟢 Scaling

Cortex↑ 25%

Key Financial Metrics

Gross Margin 74.80% -1 pp YoY
Backlog / Revenue 621.7% 6.21x Qtr Rev
CapEx Intensity 3.02% 0.03x Revenue

Sources: Palo Alto Networks Q4 FY2026 Earnings Release — Company Website, Palo Alto Networks Q4 FY2026 Earnings Presentation — Company Website, Palo Alto Networks Q4 FY2026 Supplemental Financial Information

Key Operating Metrics¹: Core operating metrics relevant to revenue, sourced from website and/or SEC filings for Q, with status based on reported data.

MongoDB (NASDAQ: MDB) — Q2 FY2027 Post Earnings

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MongoDB q2 27 Post Earnings

Operations

Q2 2027
Q2 Revenue ↑ 30.5% YoY $771.77M
Divisions
Subscription 96.8%
Services 3.2%

Key Earnings Driver

Atlas Subscription revenue increased 30.5% year over year to $747.1 million. Within subscription, Atlas revenue increased approximately 29% to $565.9M, representing 76% of Subscription revenue, and Enterprise Advanced and other revenue increased 36% to $181.2M. Services revenue increased 29.3% to $24.6M. Management attributed Subscription growth primarily to increased Atlas consumption among large existing customers, alongside growth in Enterprise Advanced.

Key Operating Metrics¹

METRIC

STATUS

Subscription↑ 30.5%

Atlas↑ 29%

🟢 Scaling

Enterprise Advanced and other↑ 36%

Key Financial Metrics

Gross Margin 73.82% +2.82 pp YoY
Backlog / Revenue N/A
CapEx Intensity 0.32% 0.00x Revenue

Sources: MongoDB Q2 FY2027 Earnings Release — Company Website, MongoDB Q2 FY2027 Form 10-Q — SEC Filing

Key Operating Metrics¹: Core operating metrics relevant to revenue, sourced from website and/or SEC filings for Q, with status based on reported data.

Science Applications International (NASDAQ: SAIC) — Q2 FY2027 Post Earnings

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Science Applications International SAIC q2 post earnings

Operations

Q2 2027
Q2 Revenue ↑ 6.21% YoY $1.88B
Divisions
Defense and Intelligence 77.1%
Civilian 22.9%

Key Earnings Driver

Department of War Defense and Intelligence revenue increased 5% year over year to $1.45B. Within Defense and Intelligence, Department of War revenue increased 7.17% to $986M, representing 68% of the division’s revenue. Civilian revenue increased 9% to $431M from $395M.

Key Operating Metrics¹

METRIC

STATUS

Defense and Intelligence↑ 5%

Department of War↑ 7%

🟢 Scaling

Civilian↑ 9%

Key Financial Metrics

Gross Margin 12.71% +0.56 pp YoY
Backlog / Revenue 1,177.4% 11.77x Qtr Rev
CapEx Intensity N/A

Sources: SAIC Q2 FY2027 Earnings Release — Company Website, SAIC Q2 FY2027 10-Q — SEC Filing

Key Operating Metrics¹: Core operating metrics relevant to revenue, sourced from website and/or SEC filings for Q, with status based on reported data.