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Wednesday, August 26, 2026
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Financial Analysis

In-depth U.S. company analysis

Financial Analysis
Berkshire Hathaway (BRK.A) Q2 FY2026: Net Income +107%, Liquidity $365.5B Down $32B From Record; Abel Era Resumes Buybacks, M&APremium
Stock Analysis

Berkshire Hathaway (BRK.A) Q2 FY2026: Net Income +107%, Liquidity $365.5B Down $32B From Record; Abel Era Resumes Buybacks, M&A

Berkshire Hathaway (BRK.A) Q2 FY2026: Net Income +107%, Liquidity $365.5B Down $32B From Record; Abel Era Resumes Buybacks, M&A

2026.08.17.8
Cisco Systems (CSCO) Q3 FY2026: Networking +25%, Inventory +49%, Q4 Revenue +18%Premium
Stock Analysis

Cisco Systems (CSCO) Q3 FY2026: Networking +25%, Inventory +49%, Q4 Revenue +18%

Cisco Systems (CSCO) Q3 FY2026: Networking +25%, Inventory +49%, Q4 Revenue +18%

2026.08.14.9
Thermo Fisher Scientific (TMO) Q2 2026: Revenue +10.5%, Organic Growth 5%, Cash -58% on Clario DealPremium
Stock Analysis

Thermo Fisher Scientific (TMO) Q2 2026: Revenue +10.5%, Organic Growth 5%, Cash -58% on Clario Deal

Thermo Fisher Scientific (TMO) Q2 2026: Revenue +10.5%, Organic Growth 5%, Cash -58% on Clario Deal

2026.08.14.7
Broadcom (AVGO) Q2 FY2026: Revenue +48%, AI Chips +143%, $29B Post-Quarter BackstopPremium
Stock Analysis

Broadcom (AVGO) Q2 FY2026: Revenue +48%, AI Chips +143%, $29B Post-Quarter Backstop

Broadcom's AI franchise did not just grow in the quarter ended May 3, 2026 — it reshaped the company's financial profile, with semiconductor revenue up 78.5% ye

2026.08.14.5
Procter & Gamble (PG) FY2026: Net Sales $87.0B +3%, Operating Margin -160bp, Core EPS $6.89; Thorne $3.8BPremium
Stock Analysis

Procter & Gamble (PG) FY2026: Net Sales $87.0B +3%, Operating Margin -160bp, Core EPS $6.89; Thorne $3.8B

Procter & Gamble (PG) FY2026: Net Sales $87.0B +3%, Operating Margin -160bp, Core EPS $6.89; Thorne $3.8B

2026.08.13.2
Linde (LIN) Q2 2026: Sales Up 9%, Margin Streak Ends, Stock Falls 5%Premium
Stock Analysis

Linde (LIN) Q2 2026: Sales Up 9%, Margin Streak Ends, Stock Falls 5%

After three years of a flat top line, Linde finally delivered growth — and the margin machine that carried the stock through the drought stopped expanding for the first time in this three-year run.

2026.08.13.5
RTX Q2 2026: Backlog Hits $289B, Operating Profit Up 31%Premium
Stock Analysis

RTX Q2 2026: Backlog Hits $289B, Operating Profit Up 31%

RTX is converting the European rearmament cycle into reported margin, not just order announcements. Second-quarter operating profit rose 31.0% to $2,811 million

2026.08.12.9
Devon Energy (DVN) Q2 FY2026: Revenue $7.42B +73%, Net Income $1.91B +108%; Adj. EPS $1.57Premium
Stock Analysis

Devon Energy (DVN) Q2 FY2026: Revenue $7.42B +73%, Net Income $1.91B +108%; Adj. EPS $1.57

Devon Energy (DVN) Q2 FY2026: Revenue $7.42B +73%, Net Income $1.91B +108%; Adj. EPS $1.57

2026.08.12.8
Exelon (EXC) Q2 2026: Revenue Up 8.8% but H1 EPS Slips to $1.28Premium
Stock Analysis

Exelon (EXC) Q2 2026: Revenue Up 8.8% but H1 EPS Slips to $1.28

Exelon (EXC) Q2 2026: Revenue Up 8.8% but H1 EPS Slips to $1.28

2026.08.12.7
Simon Property (SPG) Q2 2026: Real Estate FFO +7.9%, EPS −12%, Guidance RaisedPremium
Stock Analysis

Simon Property (SPG) Q2 2026: Real Estate FFO +7.9%, EPS −12%, Guidance Raised

Simon Property Group's headline numbers went backwards this quarter — earnings per share fell to $1.49 from $1.70, and total FFO per diluted share slipped to $3

2026.08.12.4
PepsiCo (PEP) Q2 2026: EPS +137%, Core Margin −40bp, PBNA Volume −4%Premium
Stock Analysis

PepsiCo (PEP) Q2 2026: EPS +137%, Core Margin −40bp, PBNA Volume −4%

PepsiCo's reported earnings per share went from $0.92 to $2.18 in a single year, a 137% jump — and only a sliver of it is a genuine improvement in the operating

2026.08.11.5
Coca-Cola (KO) Q2 2026: H1 Operating Cash Flow Swings to $7.5B, but the $14 Billion Tax Question Sits Off the Balance SheetPremium
Stock Analysis

Coca-Cola (KO) Q2 2026: H1 Operating Cash Flow Swings to $7.5B, but the $14 Billion Tax Question Sits Off the Balance Sheet

Coca-Cola's second-quarter margins and first-half cash flow both improved, but the two improvements are not the same kind of event. Operating margin expanded to 34.92% fro

2026.08.11.7