https://plainearnings.github.io/plainearnings/ New earnings reports explained in plain English, with interactive money-flow charts. en-us https://plainearnings.github.io/plainearnings/earnings/mrna/2026-q3/ https://plainearnings.github.io/plainearnings/earnings/mrna/2026-q3/ Moderna swung back to a profit on 29% revenue growth, but the profit is thin and the cost cuts did as much work as the sales rebound — and the fat cash balance came from a $3 billion convertible-note raise, not from operations. 2026-11-06 https://plainearnings.github.io/plainearnings/earnings/msft/2027-q1/ https://plainearnings.github.io/plainearnings/earnings/msft/2027-q1/ Microsoft grew 19% to $92.3B on Azure's 48% surge, and customers have now committed $677B of future cloud spending — the AI boom is real, and so is the bill to build it. 2026-10-28 https://plainearnings.github.io/plainearnings/earnings/googl/2026-q3/ https://plainearnings.github.io/plainearnings/earnings/googl/2026-q3/ Google's operating profit rose 30% and Cloud more than doubled — but an $8.7B paper loss on its stock holdings turned the bottom line down 24%. 2026-10-28 https://plainearnings.github.io/plainearnings/earnings/amzn/2026-q3/ https://plainearnings.github.io/plainearnings/earnings/amzn/2026-q3/ Amazon's operating profit jumped 61% as AWS accelerated to 39% growth — but net income slipped, because last year's quarter included a $9.5B one-off Anthropic gain, and free cash flow went deeply negative on AI data-center spending. 2026-10-29 https://plainearnings.github.io/plainearnings/earnings/meta/2026-q3/ https://plainearnings.github.io/plainearnings/earnings/meta/2026-q3/ Meta's ads grew 26% to $64.6B, but a $9.9B legal settlement cut operating profit by more than a third — and the number to watch is the $7.40 it would have earned without it. 2026-10-21 https://plainearnings.github.io/plainearnings/earnings/brkb/2026-q3/ https://plainearnings.github.io/plainearnings/earnings/brkb/2026-q3/ Berkshire's operating profit slipped 5.8% as GEICO's claims costs jumped, but the real story is the $9.6 billion buyback — more than the whole first half combined — while the 28% drop in headline profit mostly reflects smaller stock-market gains than last year, not weaker businesses. 2026-11-07 https://plainearnings.github.io/plainearnings/earnings/nvda/2027-q2/ https://plainearnings.github.io/plainearnings/earnings/nvda/2027-q2/ Nvidia's revenue more than doubled to $96.2B on the Blackwell Ultra ramp — data centers are now 93% of the business — but $7.8B of the $59.7B profit came from gains on its stock portfolio, not from selling chips. 2026-08-26 https://plainearnings.github.io/plainearnings/earnings/aapl/2026-q4/ https://plainearnings.github.io/plainearnings/earnings/aapl/2026-q4/ Apple's September quarter set records — $114.5B in revenue, iPhone up 17% to $57.6B — with Services at an all-time high and a one-off tariff refund adding a point to the margin. 2026-11-02 https://plainearnings.github.io/plainearnings/earnings/msft/2026-q4/ https://plainearnings.github.io/plainearnings/earnings/msft/2026-q4/ Microsoft closed fiscal 2026 with $90B in revenue, Azure up 43% and past $100B for the year — and a $3.2B Anthropic gain flattered the bottom line. 2026-07-29 https://plainearnings.github.io/plainearnings/earnings/nvda/2026-q1/ https://plainearnings.github.io/plainearnings/earnings/nvda/2026-q1/ Nvidia's revenue jumped 69% to $44.1B on AI data-center demand, but a $4.5B charge for H20 chips blocked from China cut gross margin to 60.5% — without it, earnings would have been $0.96 a share instead of $0.76. 2025-05-28 https://plainearnings.github.io/plainearnings/earnings/aapl/2025-q3/ https://plainearnings.github.io/plainearnings/earnings/aapl/2025-q3/ Apple set a June-quarter revenue record — $94.0B, up 10% — with iPhone up 13% to $44.6B and Services at an all-time high of $27.4B. 2025-07-31 https://plainearnings.github.io/plainearnings/earnings/msft/2025-q3/ https://plainearnings.github.io/plainearnings/earnings/msft/2025-q3/ Microsoft grew 13% to $70.1B as Azure jumped 33% and the cloud passed $42B — AI demand is lifting every part of the business, even while the data-center buildout pushes costs up faster than revenue. 2025-04-30 https://plainearnings.github.io/plainearnings/earnings/crwv/2026-q1/ https://plainearnings.github.io/plainearnings/earnings/crwv/2026-q1/ CoreWeave's revenue more than doubled to $2.1B and its backlog reached $99.4B, but $536M of net interest turned a $144M operating loss into a $740M net loss. 2026-05-07 https://plainearnings.github.io/plainearnings/earnings/arm/2027-q1/ https://plainearnings.github.io/plainearnings/earnings/arm/2027-q1/ Arm's revenue hit a record $1.29B, up 22%, with data center royalties more than doubling — but GAAP profit stayed thin at $270M, and nearly half of it came from gains on investments, not the chip business. 2026-07-29