Post Earnings

Analog Devices (NASDAQ: ADI) — Q3 FY2026 Post Earnings

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Operations

Q3 2026
Q3 Revenue ↑ 39.65% YoY $4.02B
Divisions
Industrial 49.0%
Automotive 24.8%
Communications 16.3%
Consumer 9.9%

Key Earnings Driver

Data Center Communications revenue increased 84% year over year to $654.5M. Within Communications, Data Center growth exceeded 100%, with demand across both the optical and power portfolios supporting growth. Analog Devices CEO Vincent Roche said growth across all end markets was “led by data center and industrial,” with Industrial revenue increasing 53%. Automotive revenue increased 16% and Consumer revenue increased 6%.

Key Operating Metrics¹

METRIC

STATUS

Industrial↑ 53%

Automotive↑ 16%

Communications↑ 84%

Data Center

🟢 Scaling

Key Financial Metrics

Gross Margin 67.30% +5.2 pp YoY
Backlog / Revenue N/A
CapEx Intensity 3.62% 0.03x Revenue

Sources: Analog Devices Q3 FY2026 Earnings Release — Company Website, Analog Devices Q3 FY2026 Form 10-Q — Financial Filings, Analog Devices Q3 FY2026 Earnings Call Transcript — LSEG Transcript

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

Ubiquiti Inc. (NYSE: UI) — Q4 FY2026 Post Earnings

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Operations

Q4 2026
Q4 Revenue ↑ 23.47% YoY $937.32M
Divisions
Enterprise Technology 92.6%
Service Provider Technology 7.4%

Key Earnings Driver

Enterprise Technology Enterprise Technology revenue increased 27.7% year over year to $868.3M. Ubiquiti stated that the growth in revenues over the prior quarter and the comparable prior year periods was driven by an increase in revenue from its Enterprise Technology platform. Service Provider Technology revenue declined 12.7% to $69.0M.

Key Operating Metrics¹

METRIC

STATUS

Enterprise Technology↑ 27.7%

🟢 Scaling

Key Financial Metrics

Gross Margin 45.80% +0.7 pp YoY
Backlog / Revenue N/A
CapEx Intensity 0.58% 0.00x Revenue

Sources: Ubiquiti Inc. Q4 FY2026 Financial Results — SEC Filing, Ubiquiti Inc. FY2026 Form 10-K — 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.

Alibaba (NYSE: BABA) — Q1 FY2027 Post Earnings

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Operations¹

Q1 2027
Q1 Revenue ↑ 8.58% YoY ¥268.95B
Divisions
Alibaba E-commerce Group 71.9%
AI Cloud and Compute Services 16.9%
AI Labs and Applications 1.2%
All Others 10.0%

Key Earnings Driver

Freshippo and Taobao Instant Commerce AI Cloud and Compute Services revenue increased 45% year over year to RMB48.4 billion, driven primarily by public cloud revenue growth and increasing adoption of AI-related products. AI-related product revenue reached RMB12.4 billion. Alibaba E-commerce Group revenue increased 4% to RMB205.9B. Within Alibaba E-commerce Group, China Quick Commerce revenue increased 45% to RMB53.3 billion, primarily driven by Freshippo and Taobao Instant Commerce.

Key Operating Metrics²

METRIC

STATUS

Alibaba E–commerce Group↑ 4%

China Quick Commerce↑ 45%

Freshippo

🟢 Scaling

Taobao Instant Commerce

🟢 Scaling

AI Cloud and Compute Services↑ 45%

Public Cloud

AI-related products

Key Financial Metrics

Gross Margin 38.25% -6.65 pp YoY
Backlog / Revenue N/A
CapEx Intensity 25.16% 0.25x Revenue

Sources: Alibaba Q1 FY2027 Earnings Release — SEC Filing, Alibaba Q1 FY2027 Earnings Call Transcript — ROIC.ai

Operations¹: Total revenue is after inter-segment elimination. Division revenue percentages are before inter-segment elimination. Division names changed beginning Q1 2027 following Alibaba’s restructuring of its operations.

Key Operating Metrics²: Core operating metrics relevant to revenue, sourced from website and/or SEC filings for Q, with status based on reported data.

NetEase (NASDAQ: NTES) — Q2 2026 Post Earnings

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Operations

Q2 2026
Q2 Revenue ↑ 7.94% YoY ¥30.11B
Divisions
Games and related value-added services 83.1%
Youdao 4.9%
NetEase Cloud Music 6.6%
Innovative businesses and others 5.4%

Key Earnings Driver

Online Games Games and related value-added services revenue increased 9.7% year over year to RMB25.0B, with Online Games accounting for approximately 97.7% of division revenue. The Fantasy Westward Journey franchise, Identity V, Eggy Party, Sword of Justice and Where Winds Meet sustained solid momentum through ongoing content updates, gameplay innovation and vibrant community activities. Youdao revenue increased 3.5%, NetEase Cloud Music revenue was relatively stable at RMB2.0B, and Innovative businesses and others revenue declined 3.5%.

Key Operating Metrics¹

METRIC

STATUS

Games and related value–added services↑ 9.7%

Online Games

🟢 Scaling

Key Financial Metrics

Gross Margin 70.50% +5.75 pp YoY
Backlog / Revenue N/A
CapEx Intensity 1.67% 0.01x Revenue

Sources: NetEase Q2 2026 Earnings Release — Company Website, NetEase Form 6-K — Company Website, NetEase 2Q26 Investor Presentation — 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.

Kingsoft Cloud (NASDAQ: KC) — Q2 2026 Post Earnings

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Operations

Q2 2026
Q2 Revenue ↑ 30.77% YoY $3.07B
Divisions
Public Cloud Services 76.7%
Enterprise Cloud Services 23.3%

Key Earnings Driver

AI Cloud Services Public cloud services revenue increased 45.1% year over year to RMB2.358 billion. Enterprise cloud services revenue declined 1.3% to RMB714.3 million. Management said the revenue increase was mainly driven by growing demand for AI cloud services

Key Operating Metrics¹

METRIC

STATUS

Public Cloud Services↑ 45.1%

AI cloud services

🟢 Scaling

Enterprise Cloud Services↓ 1.3%

🟡 Watch

Key Financial Metrics

Gross Margin 15.17% +0.75 pp YoY
Backlog / Revenue N/A
CapEx Intensity N/A

Sources: Kingsoft Cloud Q2 2026 Quarterly Results — Company Website, Kingsoft Cloud Q2 2026 Financial Results — 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.

Hesai Group (NASDAQ: HSAI) — Q2 2026 Post Earnings

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Operations

Q2 2026
Q2 Revenue ↑ 21.9% YoY ¥860.83M
Divisions
LiDAR Business 94.8%
Strategic Growth Initiatives 5.2%

Key Earnings Driver

Robotics LiDAR Business revenue increased 15.5% year over year to RMB815.9M, with total LiDAR shipments increasing 78.4% to 628,275 units, including 485,904 ADAS shipments and 142,371 Robotics shipments. The year over year increase was mainly attributable to increased deliveries of both ADAS and Robotics lidar products driven by robust demand, both in China and globally. ADAS shipments increased 60.1% and Robotics shipments increased 193.4%

Key Operating Metrics¹

METRIC

STATUS

LiDAR Business↑ 15.5%

ADAS

Robotics

🟢 Scaling

Sources: Hesai Group Q2 FY2026 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.

Baidu (NASDAQ: BIDU) — Q2 2026 Post Earnings

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Operations

Q2 2026
Q2 Revenue ↓ 4.21% YoY ¥31.33B
Divisions
Baidu General Business 80.0%
iQIYI 20.0%

Key Earnings Driver

GPU Cloud Baidu General Business revenue declined 4% year over year to RMB25.2 billion, with Online Marketing Services declining 19% to RMB13.1 billion, while Others revenue increased 21% to RMB12.1 billion and GPU Cloud revenue within Others increased 283%. iQIYI revenue declined 5% to RMB6.3 billion.

Key Operating Metrics²

METRIC

STATUS

Baidu General Business↓ 4%

Online Marketing Services↓ 19%

🟡 Watch

Others↑ 21%

GPU Cloud↑ 283%

🟢 Scaling

iQIYI↓ 5%

Membership Services↓ 2%

🟡 Watch

Online Advertising Services↓ 2%

🟡 Watch

Content Distribution↑ 56%

Other Revenues↓ 58%

🟡 Watch

Sources: Baidu Q2 2026 Earnings Release — Company Website, Baidu Q2 2026 Form 6-K — SEC Filing

Key Operating Metrics²: Core operating metrics relevant to revenue, sourced from website and/or SEC filings for Q, with status based on reported data.

Mercury Systems (NASDAQ: MRCY) — Q4 FY2026 Post Earnings

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Operations

Q4 2026
Q4 Revenue ↑ 6.11% YoY $289.78M
Divisions
Sensor & Effector 50.9%
C4I 37.1%
Other 12.0%

Key Earnings Driver

Other Sensor & Effector Sensor & Effector revenue increased 38.5% to $147.5M. Within Sensor & Effector, Radar revenue increased 13.4%, Electronic Warfare revenue increased 37.9% and Other Sensor & Effector revenue increased 86.1%. C4I revenue declined 15.7% to $107.6M. Other revenue declined 11.2% to $34.6M.

Key Operating Metrics¹

METRIC

STATUS

Sensor & Effector↑ 38.5%

Radar↑ 13.4%

Electronic Warfare↑ 37.9%

Other Sensor & Effector↑ 86.1%

🟢 Scaling

C4I↓ 15.7%

🟡 Watch

Sources: Mercury Systems Q4 FY2026 Earnings Release — SEC Filing, Mercury Systems Q3 FY2026 Form 10-Q — SEC Filing, Mercury Systems FY2026 Annual Report — 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.

Keysight Technologies (NYSE: KEYS) — Q3 FY2026 Post Earnings

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Operations

Q3 2026
Q3 Revenue ↑ 36.74% YoY $1.85B
Divisions
Communications Solutions Group 72.9%
Electronic Industrial Solutions Group 27.1%

Key Earnings Driver

Terabit Transceivers Communications Solutions Group revenue increased 43% to $1.345B. Within Communications Solutions Group, Commercial Communications increased 56% to $1.01B. Keysight stated the year-over-year increase in revenue was primarily driven by our customers R&D spend in terabit solutions and expanding 400G/800G/1.6 terabit transceiver manufacturing capacity to meet rising demand for AI capabilities. Electronic Industrial Solutions Group revenue increased 21% to $501M.

Key Operating Metrics¹

METRIC

STATUS

Communications Solutions Group↑ 43%

Commercial Communications↑ 56%

Terabit transceivers

🟢 Scaling

Aerospace, Defense, and Government↑ 14%

Electronic Industrial Solutions Group↑ 21%

Key Financial Metrics

Gross Margin 65.87% +4.19 pp YoY
Backlog / Revenue 146.1% 1.46x Qtr Rev
CapEx Intensity 1.84% 0.01x Revenue

Sources: Keysight Technologies Q3 2026 Financial Results — Company Website, Keysight Q3 FY2026 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.

Legence (NASDAQ: LGN) — Q2 2026 Post Earnings

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Operations

Q2 2026
Q2 Revenue ↑ 110.74% YoY $1.26B
Divisions
Engineering & Consulting 16.4%
Installation & Maintenance 83.6%

Key Earnings Driver

Installation & Maintenance Engineering & Consulting revenue increased 5.5% year over year to $206.9M and Installation & Maintenance revenue increased 162.0% to $1.06B. Legence’s adjusted gross margin declined to 18.5% from 21.8% a year earlier, with the company citing revenue mix and a slight decline in Engineering & Consulting margins.

Key Operating Metrics¹

METRIC

STATUS

Engineering & Consulting↑ 5.5%

Installation & Maintenance↑ 162%

🟢 Scaling

Sources: Legence Q2 2026 Financial Results — 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.