1,796 material Form 8-K filings that 1,448 companies we cover made with the SEC in May 2026, each read and summarized by AI: what happened, the key figures, whether it reads positive or negative for shareholders, and how big a deal it is (impact 1-5). All of them were written later, when past filings were added: a selection, not every 8-K of the month (see the note below).
Avista Corp. reported first-quarter 2026 GAAP net income of $92 million, or $1.11 per diluted share, up from $79 million, or $0.98, a year earlier. Non-GAAP utility earnings were $91 million, or $1.10 per share, compared with $82 million, or $1.01, in the first quarter of 2025. The company confirmed its 2026 non-GAAP utility earnings guidance of $2.52 to $2.72 per diluted share, which the company said is on track.
GAAP net income was $92 million, or $1.11 per diluted share, versus $79 million, or $0.98, in Q1 2025.
Non-GAAP utility earnings were $91 million, or $1.10 per diluted share, versus $82 million, or $1.01, in Q1 2025.
2026 non-GAAP utility earnings guidance was confirmed at $2.52 to $2.72 per diluted share, assuming normal weather and an ERM impact of ($0.10) per diluted share.
Results were released in Exhibit 99.1, and a webcast for analysts and investors is set for May 5, 2026 at 10:30 a.m. ET.
Terex reported first-quarter 2026 sales of $1.7 billion, up 41% on a reported basis and 10.8% on a proforma basis, with EPS of $0.98, up 18% year over year. The company reaffirmed its full-year 2026 outlook and said it is continuing a strategic review of its Aerials business with multiple interested parties, without giving details.
Q1 sales of $1.7 billion, up $505 million or 41% reported; proforma growth of 10.8%
Q1 EPS of $0.98 included approximately $0.10 of one-time tax benefit; Q1 EBITDA margin was 9.9%, down 50 basis points
Backlog reached $7.1 billion; 2026 outlook reaffirmed with sales of $7.5 billion to $8.1 billion and EPS of $4.50 to $5.00
Strategic review of the Aerials business is ongoing; no specific details were disclosed
Duke Energy reported first-quarter 2026 reported EPS of $1.97 and adjusted EPS of $1.93, up from $1.76 in both measures for the first quarter of 2025. The company reaffirmed its 2026 adjusted EPS guidance of $6.55 to $6.80, which matters to shareholders because it signals the company still expects its full-year outlook to hold.
Reported EPS was $1.97 versus $1.76 a year earlier; adjusted EPS was $1.93 versus $1.76
Reported results include a $150 million after-tax charge for legal and regulatory settlements and $171 million after-tax gains from asset sales
2026 adjusted EPS guidance of $6.55 to $6.80 reaffirmed; long-term adjusted EPS growth rate of 5% to 7% through 2030 unchanged
Electric Utilities and Infrastructure adjusted segment income was $1,404 million versus $1,276 million in the first quarter of 2025
Leidos reported first-quarter fiscal 2026 revenue of $4.4 billion, up 4% from a year earlier, and net income of $335 million, or $2.56 per diluted share, down 8%. Non-GAAP diluted EPS rose 5% to $3.13 after excluding $39 million in Entrust acquisition and joint venture costs, and the company raised its fiscal 2026 revenue and non-GAAP EPS guidance.
Revenue of $4.4 billion, up 4%, with 3% organic growth
GAAP diluted EPS of $2.56 vs. $2.77; non-GAAP diluted EPS of $3.13, up 5%
Fiscal 2026 revenue guidance raised to $18.00 billion to $18.40 billion from $17.50 billion to $17.90 billion
Fiscal 2026 non-GAAP diluted EPS guidance raised to $12.10 to $12.50 from $12.05 to $12.45
Douglas Dynamics reported first-quarter 2026 net sales up 20% to a record $137.8 million, with net income of $6.4 million, or $0.26 per diluted share, compared with $0.1 million a year earlier. The company raised its 2026 outlook, citing first-quarter strength, with adjusted diluted EPS now expected at $2.55 to $3.05.
Net sales rose 20% to a record $137.8 million; Work Truck Attachments sales rose 67% to $60.9 million.
Net income was $6.4 million, or $0.26 per diluted share, versus $0.1 million in Q1 2025.
2026 net sales outlook raised to $750 million to $795 million from $710 million to $760 million; adjusted diluted EPS outlook raised to $2.55 to $3.05 from $2.25 to $2.85.
Management will host a conference call on Tuesday, May 5, 2026 at 10:00 a.m. Eastern Time.
UFP Technologies reported first-quarter 2026 results for the period ended March 31, 2026, with net sales up 4.1% to $154.2 million and net income up 1.8% to $17.5 million. GAAP diluted EPS was $2.24, up from $2.21, while adjusted EPS was $2.48 compared with $2.47 a year earlier. Organic sales were essentially flat, and management said EPS growth lagged revenue growth due to softer results at its AJR operation and start-up costs for four large programs.
Net sales rose 4.1% to $154.2 million, from $148.1 million; organic sales were essentially flat, with 0.4% organic growth per the filing's reconciliation.
Net income was $17.5 million versus $17.2 million; GAAP diluted EPS was $2.24 versus $2.21, and adjusted EPS was $2.48 versus $2.47.
Non-medical sales fell 15.0% to $10.8 million, while medical sales rose 5.9% to $143.4 million.
Management expects four large programs to be significant contributors in the second half of 2026, and a conference call is scheduled for May 5, 2026, at 8:30 AM Eastern time.
JBT Marel reported first quarter 2026 results on May 4, 2026, with revenue up 10% to $936 million and net income of $45 million, compared with a net loss of $173 million a year earlier. The company reiterated its full-year 2026 guidance, including revenue of $3,990 million to $4,065 million and adjusted EPS of $8.00 to $8.50.
Diluted EPS was $0.86 versus a loss of $3.35 a year earlier; adjusted EPS was $1.58 versus $0.97.
Orders totaled $1.07 billion and quarter-ending backlog was $1.49 billion.
Operating cash flow was $119 million and free cash flow was $100 million; net debt to trailing twelve months adjusted EBITDA was 2.6x.
Protein Solutions segment adjusted EBITDA margin was 21.7%, while Prepared Food and Beverage Solutions margin fell to 14.7%, down 170 basis points.
BWX Technologies reported first quarter 2026 revenue of $860.2 million, up 26% from $682.3 million a year earlier, and GAAP diluted EPS of $0.99, up from $0.82. The company raised its 2026 guidance for adjusted EBITDA, non-GAAP EPS and free cash flow, and said the guidance excludes the pending Precision Components Group acquisition.
Q1 2026 revenue $860.2 million, up 26%; Commercial Operations revenue rose to $283.6 million from $128.3 million
GAAP diluted EPS $0.99 vs. $0.82; non-GAAP diluted EPS $1.12 vs. $0.91; GAAP net income $91.2 million vs. $75.5 million
2026 adjusted EBITDA guidance raised to $650 million-$665 million from $645 million-$660 million; non-GAAP EPS guidance raised to $4.60-$4.75 from $4.55-$4.70
Announced acquisition of Precision Components Group, LLC; 2026 guidance does not include its contribution
HealthStream reported first quarter 2026 revenue of $81.2 million, up 10.5% from a year earlier, with net income of $5.9 million and diluted EPS of $0.20, up from $0.14. The company reaffirmed its full-year 2026 guidance, including revenue of $323.0 million to $330.0 million, and declared a $0.035 quarterly dividend.
Revenue of $81.2 million, up 10.5% from $73.5 million in Q1 2025; acquisitions contributed $3.4 million of the increase.
Net income of $5.9 million, up 36.4%; diluted EPS of $0.20 versus $0.14 a year earlier.
2026 guidance reaffirmed: revenue $323.0 million to $330.0 million; net income $20.4 million to $22.8 million.
Michael M. Collier promoted to Chief Operating Officer & Executive Vice President; quarterly dividend of $0.035 payable May 29, 2026.
MSA Safety reported first quarter 2026 results on May 4, 2026, with net sales of $464 million, up 10% from a year earlier, and GAAP diluted EPS of $1.83 versus $1.51. Adjusted diluted EPS rose 18% to $1.99, and the company maintained its mid-single-digit 2026 organic sales growth outlook. For shareholders, profit grew and $71 million was returned through $50 million of buybacks and $21 million of dividends, though International segment operating income fell 28%.
Net sales $464 million, up 10% GAAP and 3% organic; Americas sales up 11%, International up 8%
GAAP operating income $93 million (20.1% of sales), up from $77.8 million; International operating income fell 28% to $12.5 million
GAAP net income $71 million; diluted EPS $1.83 vs. $1.51; adjusted diluted EPS $1.99 vs. $1.68
Returned $71 million to shareholders; a $500 million share repurchase program was authorized
New Jersey Resources reported fiscal 2026 second-quarter net income of $218.9 million, or $2.17 per share, up from $204.3 million, or $2.04 per share, a year earlier. The company raised its fiscal 2026 net financial earnings per share guidance by $0.20 to $3.48-$3.63, citing continued strong performance at Energy Services, which is the second increase this year.
Q2 net income was $218.9 million, or $2.17 per share, versus $204.3 million, or $2.04 per share, a year earlier.
Q2 net financial earnings (non-GAAP) were $221.5 million, or $2.20 per share, versus $178.3 million, or $1.78 per share.
Fiscal 2026 NFEPS guidance rose to $3.48-$3.63 from $3.28-$3.43, following a $0.25 increase announced in February 2026.
Energy Services Q2 NFE was $72.3 million versus $35.3 million; management will webcast results on May 5, 2026, at 10 a.m. ET.
Cryoport reported first-quarter 2026 revenue of $47.8 million, up 16% from a year earlier, and raised its full-year 2026 revenue guidance to $192 million to $196 million. Net loss narrowed to $10.5 million from $12.0 million, but the loss from continuing operations widened to $9.4 million from $6.7 million.
Q1 2026 total revenue was $47.8 million, up 16% year-over-year from $41.0 million.
Commercial cell and gene therapy revenue rose 26% to $9.1 million.
Net loss per share attributable to common stockholders was $0.25, compared with $0.28 in Q1 2025.
Cash, cash equivalents and short-term investments totaled $403.6 million as of March 31, 2026.
Fabrinet reported third-quarter fiscal 2026 results for the quarter ended March 27, 2026, with revenue of $1,214.3 million versus $871.8 million a year earlier and GAAP diluted EPS of $3.45 versus $2.25. The company said results exceeded its guidance ranges and guided fourth-quarter revenue of $1.25 billion to $1.29 billion and GAAP diluted EPS of $3.48 to $3.63. Shareholders get higher reported revenue and profit plus forward guidance, though third-quarter free cash flow was negative $10.8 million.
Q3 revenue $1,214.3 million vs $871.8 million in Q3 fiscal 2025; GAAP net income $125.2 million vs $81.3 million
GAAP diluted EPS $3.45 vs $2.25; non-GAAP diluted EPS $3.72 vs $2.52
Q4 fiscal 2026 guidance (quarter ending June 26, 2026): revenue $1.25 billion to $1.29 billion; GAAP diluted EPS $3.48 to $3.63
Q3 non-GAAP free cash flow was negative $10.8 million; nine-month purchases of property, plant and equipment were $160.6 million
Williams reported unaudited first-quarter 2026 results, with GAAP net income of $864 million, or $0.70 per diluted share, up from $690 million, or $0.56, a year earlier. Adjusted EBITDA rose 13% to $2.254 billion, and the company said it is on track to deliver Adjusted EBITDA in the upper half of its 2026 guidance range of $8.05 billion to $8.35 billion, while raising its 2026 dividend by 5%.
GAAP net income of $864 million ($0.70 per diluted share) vs. $690 million ($0.56) in Q1 2025
Adjusted EBITDA of $2.254 billion, up $265 million or 13% year over year
2026 Adjusted EBITDA guidance of $8.05 billion to $8.35 billion maintained; 2026 dividend of $2.10 annualized, up 5% from $2.00 in 2025
Gain of $182 million from the January 2026 sale of South Mansfield upstream interests; net unrealized derivative losses of $193 million reduced the net income gain
Lattice Semiconductor agreed on May 4, 2026 to acquire AMI for $1 billion in cash and about $650 million in Lattice common stock, funded partly by new debt, with closing expected in the third quarter of 2026. The same day, Lattice reported first-quarter 2026 revenue of $170.9 million, up 42.2% year over year, and GAAP net income of $21.8 million, or $0.16 per diluted share, compared with a net loss in the prior quarter.
Acquisition of AMI: $1 billion cash plus about $650 million in stock, with the share count set by Lattice's trading price before closing (minimum about 5.2 million shares, maximum about 6.1 million)
Financing: commitment letter with Wells Fargo and Morgan Stanley for up to $950 million in a 364-day term loan and up to $200 million in a revolving credit facility
Q1 2026 results: revenue $170.9 million, GAAP diluted EPS $0.16 versus a $0.06 loss in Q4 2025; non-GAAP diluted EPS $0.41
Q2 2026 outlook: revenue expected between $175 million and $195 million, and non-GAAP diluted EPS between $0.42 and $0.46
Addus HomeCare reported first-quarter 2026 net service revenues of $363.6 million, up 7.7% from a year earlier, with net income of $25.1 million, or $1.36 per diluted share, versus $1.16 a year ago. The company also said it acquired HomeCourt Home Care's personal care operations in Indiana on May 1, 2026, and signed an agreement for another Indiana acquisition expected to close later this year.
Net service revenues $363.6 million, up 7.7% from $337.7 million in Q1 2025
Net income $25.1 million, or $1.36 per diluted share, versus $1.16 in Q1 2025
Adjusted net income per diluted share $1.62, up 14.1% from $1.42
HomeCourt acquisition closed May 1, 2026, serving about 240 clients with annualized revenues of about $9.7 million
Equitable Holdings reported first quarter 2026 net income of $621 million, or $2.14 per share, up from $63 million a year earlier. Non-GAAP operating earnings rose to $472 million, or $1.62 per share, from $421 million, and were $491 million, or $1.68 per share, excluding notable items. The company reaffirmed its 2026 guidance of $1.8 billion of cash generation and over 15% earnings per share growth, and said the pending all-stock merger with Corebridge Financial remains on track to close by year-end 2026.
Net income attributable to Holdings was $621 million ($2.14 per share), compared with $63 million ($0.16 per share) in the first quarter of 2025.
Non-GAAP operating earnings per share were $1.62, up from $1.30; excluding notable items, $1.68.
Asset Management had net outflows of $7.1 billion, while Retirement had net inflows of $1.3 billion and Wealth Management had advisory net inflows of $2.0 billion.
The company returned $223 million to shareholders in the quarter and reaffirmed its 2026 guidance of $1.8 billion of cash generation and over 15% EPS growth.
Metallus reported first-quarter 2026 net sales of $308.3 million, up 10% from a year earlier, and net income of $5.4 million, or $0.13 per diluted share, compared with $1.3 million, or $0.03, in the first quarter of 2025. The company expects second-quarter 2026 adjusted EBITDA to be modestly higher than both the first quarter of 2026 and the second quarter of 2025, though operating cash flow was an outflow of $26.9 million in the quarter.
Net sales of $308.3 million, up 10% from $280.5 million in the first quarter of 2025; net income of $5.4 million, or $0.13 per diluted share.
Adjusted EBITDA of $24.6 million, up 39% from $17.7 million in the first quarter of 2025.
Operating cash flow was an outflow of $26.9 million; cash and cash equivalents were $104.0 million as of March 31, 2026.
Second-quarter 2026 adjusted EBITDA is expected to be modestly higher than the first quarter of 2026 and the second quarter of 2025.
Sonos reported fiscal second-quarter 2026 results for the quarter ended March 28, 2026, with revenue up 8% year over year to $282 million and a GAAP net loss that narrowed to $29 million, or $0.24 per diluted share. The company did not provide guidance and said it will give guidance on its earnings call. The filing also discloses a new Chief Operating Officer, Frank Barbieri, effective May 4, 2026, and that Eddie Lazarus is leaving his Business Development Officer role while remaining Chief Legal Officer.
Q2 revenue rose 8% to $282 million; first-half revenue rose 2% to $827 million
GAAP net loss of $29 million ($0.24 per diluted share) compared with a $70 million loss a year earlier
Adjusted EBITDA of $2 million in Q2 versus a loss of $0.8 million a year earlier; no guidance provided in the release
Frank Barbieri appointed COO effective May 4, 2026, with a $500,000 base salary and grants of about $1.5 million in RSUs and $1.5 million in PSUs; Eddie Lazarus steps down as Business Development Officer
RB Global reported first-quarter 2026 results on May 4, with total revenue up 11% year over year to $1.2 billion and net income up 20% to $135.6 million. The company also raised its full-year 2026 adjusted EBITDA outlook to $1,485 million to $1,545 million and declared a $0.31 quarterly dividend, both of which bear directly on shareholder returns.
Total revenue rose 11% year over year to $1.2 billion; gross transaction value rose 13% to $4.3 billion.
Diluted EPS available to common stockholders was $0.66, up 20%; diluted adjusted EPS was $1.01, up 13%.
Adjusted EBITDA outlook raised to $1,485 million-$1,545 million from $1,470 million-$1,530 million; GTV growth outlook raised to 6%-9% from 5%-8%.
Quarterly cash dividend of $0.31 per share declared May 1, 2026, payable June 18, 2026 to holders of record on May 27, 2026.
Adeia reported first quarter 2026 results, with revenue of $104.8 million, up from $87.7 million a year earlier, and GAAP net income of $22.8 million, up from $11.8 million. The company reiterated its full year 2026 revenue outlook of $395.0 million to $435.0 million and said it paid down $28.1 million of debt during the quarter.
Q1 2026 revenue was $104.8 million, compared with $87.7 million in Q1 2025 and $182.6 million in Q4 2025.
GAAP diluted EPS was $0.20 and non-GAAP diluted EPS was $0.38, compared with $0.10 and $0.26 a year earlier.
The company repurchased $10.0 million of common stock and reduced its term loan balance to $398.6 million as of March 31, 2026.
The Board declared a $0.05 per share dividend, payable June 15, 2026, to holders of record on May 26, 2026.
V2X reported first-quarter 2026 revenue of $1.25 billion, up 23% from a year earlier, and net income of $18.9 million, or $0.60 per diluted share, compared with $8.1 million, or $0.25 per diluted share, a year earlier. The company raised its full-year 2026 guidance ranges for revenue, adjusted EBITDA, adjusted diluted EPS and adjusted operating cash flow, which matters to shareholders because it changes the company's stated expectations for the year.
First-quarter revenue of $1.25 billion, up 23% year over year; adjusted diluted EPS of $1.53, up 55%
Updated 2026 revenue guidance of $4,825 million to $4,975 million, up from $4,675 million to $4,825 million
Updated 2026 adjusted diluted EPS guidance of $5.75 to $6.15, up from $5.50 to $5.90
Net debt of $895.4 million at the end of the first quarter; net cash used by operating activities was $129.9 million
Sterling Infrastructure reported first quarter 2026 revenue of $825.7 million, up 92%, and net income of $96.0 million, or $3.09 per diluted share, up 141%. The company raised its full year 2026 guidance, now calling for revenue of $3.70 billion to $3.80 billion and diluted EPS of $16.50 to $17.15, with the CEC acquisition a major contributor to growth.
Q1 2026 revenue of $825.7 million, up 92%; CEC contributed $156.1 million
Net income of $96.0 million, or $3.09 per diluted share; adjusted diluted EPS of $3.59, up 120%
Full year 2026 guidance: revenue of $3.70 billion to $3.80 billion; adjusted diluted EPS of $18.40 to $19.05
Building Solutions adjusted operating income fell 42%, and management expects challenging conditions through 2026
Ichor Holdings reported first quarter 2026 revenue of $256.1 million, up 15% from the fourth quarter of 2025, and a GAAP net loss of $2.5 million, or $(0.07) per diluted share, compared with a $16.0 million loss in the prior quarter. The company also guided second quarter 2026 revenue to $290 million to $310 million, with non-GAAP diluted EPS of $0.25 to $0.35, but free cash flow was negative $10.0 million in the quarter and cash fell $9.2 million.
Q1 2026 revenue was $256.1 million, versus $223.6 million in Q4 2025 and $244.5 million in Q1 2025.
GAAP diluted EPS was $(0.07) versus $(0.46) in Q4 2025 and $(0.13) in Q1 2025; non-GAAP diluted EPS was $0.15.
Second quarter 2026 outlook: revenue of $290 million to $310 million; GAAP diluted EPS of $0.10 to $0.20.
Cash and cash equivalents ended the quarter at $89.1 million, and free cash flow was $(9,982) thousand.
Palantir reported first-quarter 2026 revenue of $1.633 billion, up 85% from a year earlier, with GAAP net income of $871 million and GAAP diluted earnings per share of $0.34. The company raised its full-year 2026 revenue guidance to $7.650 billion to $7.662 billion and expects GAAP operating income and net income in each quarter of this year, which signals continued growth for shareholders.
Q1 2026 revenue of $1.633 billion, up 85% year over year; U.S. revenue of $1.282 billion, up 104%
GAAP net income of $871 million; GAAP diluted EPS of $0.34, compared with $0.08 in Q1 2025
Full-year 2026 revenue guidance raised to $7.650 billion to $7.662 billion; Q2 2026 revenue guidance of $1.797 billion to $1.801 billion
Cash from operations of $899 million; cash, cash equivalents, and short-term U.S. Treasury securities of $8.0 billion
Vertex reported first quarter 2026 total revenue of $2.99 billion, up 8% from the prior-year quarter, and GAAP net income of $1.0 billion versus $646 million a year earlier. The company reiterated its full year 2026 total revenue guidance of $12.95 billion to $13.1 billion, which signals no change to its outlook for shareholders.
Total revenue of $2.99 billion, up 8%; U.S. revenue rose 7% to $1.78 billion and outside the U.S. rose 9% to $1.21 billion
GAAP diluted EPS of $4.02 versus $2.49; non-GAAP diluted EPS of $4.47 versus $4.06
First quarter 2025 GAAP results included a $379.0 million intangible asset impairment charge
Full year 2026 total revenue guidance of $12.95 billion to $13.1 billion reiterated, unchanged
Advanced Energy reported first-quarter 2026 revenue of $511 million, up 26% from a year earlier, and GAAP diluted earnings per share from continuing operations of $1.59, up from $0.65. The company guided second-quarter 2026 revenue to $540 million, plus or minus $20 million, above the first-quarter level. Operating cash flow was an outflow of $6 million, reflecting a $48 million inventory increase.
Q1 2026 revenue was $511 million, versus $405 million in Q1 2025 and $489 million in Q4 2025.
GAAP diluted EPS from continuing operations was $1.59; non-GAAP diluted EPS was $2.09, versus $1.23 a year earlier.
Data Center Computing revenue was $194.2 million, more than double the $96.2 million reported a year earlier.
Q2 2026 guidance: revenue $540 million plus or minus $20 million; GAAP EPS $1.54 plus or minus $0.23; non-GAAP EPS $2.18 plus or minus $0.25.
Viper Energy reported first quarter 2026 results, with total operating income of $511 million versus $245 million a year earlier and net income attributable to Viper of $97 million, up from $75 million, though diluted earnings per share fell to $0.53 from $0.62. The company also declared a $0.68 per share base-plus-variable dividend and agreed on May 1, 2026 to acquire Riverbend Oil & Gas IX for $337 million in cash and about 3.7 million Class A shares.
Total operating income was $511 million in Q1 2026 versus $245 million in Q1 2025; diluted EPS was $0.53 versus $0.62
Declared base dividend of $0.38 and variable dividend of $0.30 per Class A share, payable May 21, 2026 to holders of record on May 14, 2026
Riverbend Acquisition: $337 million cash plus about 3.7 million Class A shares, expected to close in early Q3 2026
Q2 2026 net production guidance of 64.0 to 65.0 thousand barrels of oil per day; full-year 2026 guidance of 64.5 to 66.5 thousand barrels of oil per day
Duolingo reported first-quarter 2026 results for the three months ended March 31, 2026, with revenue up 27% year over year and net income of $43.5 million, compared with $35.1 million a year earlier. The company reiterated its 2026 targets and gave full-year guidance of $1,205 million in revenue and $1,280 million in bookings, which matters to shareholders because it sets the outlook the company expects to meet.
Q1 2026 revenue was $292.0 million, up 27% year over year; total bookings were $308.5 million, up 14%
Q1 2026 net income was $43.5 million, versus $35.1 million in Q1 2025; adjusted EBITDA was $83.4 million, a 28.6% margin
FY 2026 guidance: revenue of $1,205 million (16.1% growth), bookings of $1,280 million (10.5% growth), and adjusted EBITDA of $310 million
Q2 2026 guidance: revenue of $295.5 million and bookings of $283.5 million, with bookings growth of 5.8% year over year
OSI Systems reported fiscal third-quarter 2026 revenue of $453 million, up 2% from a year earlier, and record non-GAAP diluted EPS of $2.60, up 7%. GAAP diluted EPS was $2.33, down 3% from $2.40. The company reiterated its fiscal 2026 guidance of $1.825 billion to $1.867 billion in revenue and $10.30 to $10.55 in non-GAAP diluted EPS, while noting risks from the recent Department of Homeland Security shutdown and Middle East conflicts.
Revenue was $453.2 million for the quarter ended March 31, 2026, versus $444.4 million a year earlier.
Non-GAAP diluted EPS was $2.60 versus $2.44; GAAP diluted EPS was $2.33 versus $2.40.
Backlog was approximately $1.9 billion as of March 31, 2026, up from approximately $1.8 billion at December 31, 2025.
Fiscal 2026 revenue and non-GAAP EPS guidance was reiterated, with no change to the ranges.
Pinnacle West reported first-quarter 2026 net income attributable to common shareholders of $32.9 million, or $0.27 per diluted share, compared with a loss of $4.6 million, or $0.04 per share, a year earlier. The company said hotter-than-normal weather drove higher customer sales and usage, and it kept its 2026 EPS guidance of $4.55 to $4.75 per diluted share on a weather-normalized basis.
Q1 2026 operating revenues were $1,149.6 million, up from $1,032.3 million in Q1 2025.
Net income attributable to common shareholders was $32.9 million ($0.27 per diluted share), versus a $4.6 million loss ($0.04 per share) a year earlier.
The company cited higher transmission revenues, lower operations and maintenance expenses, and weather as drivers, partly offset by higher interest charges, income taxes and depreciation.
2026 EPS guidance of $4.55 to $4.75 per diluted share was continued, not changed.
American Express said it will sell its approximately 30% equity interest in Global Business Travel Group (GBTG) as part of Long Lake and General Catalyst's agreement to acquire GBTG. Upon closing, the company expects proceeds of about $1.5 billion and a pre-tax gain of about $975 million, which was not included in its previously provided FY 2026 earnings guidance. The company plans to invest part of the gain and return part of it to shareholders, and says the brand licensing and commercial agreements are unchanged.
Sale of an approximately 30% equity interest in GBTG, tied to Long Lake and General Catalyst's agreement to acquire GBTG (NYSE: GBTG)
Expected proceeds of approximately $1.5 billion upon closing
Expected pre-tax gain of approximately $975 million, not factored into prior FY 2026 earnings guidance
Brand licensing and commercial agreements between the companies do not change; closing depends on GBTG satisfying closing conditions
Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.
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