Earnings Surprises

We delivered another strong quarter, with accelerating revenue growth, expanding margins, and a second consecutive quarter of GAAP profitability.

We delivered another strong quarter, with solid execution across the business led by our market-leading biopreservation media franchise.

I am pleased with the progress our teams continue to make in executing our strategic objectives.

Our second quarter results for 2026 came in broadly in line with, if not slightly ahead of, our internal expectations.

Array continues to make nice progress executing across our 2026 priorities. The organization remains laser-focused on optimizing our tower operations - as evidenced by our sequential tower tenancy growth. And we continue to monetize our remaining spectrum assets as well as support T-Mobile’s integration.

Array continues to make nice progress executing across our 2026 priorities. The organization remains laser-focused on optimizing our tower operations - as evidenced by our sequential tower tenancy growth. And we continue to monetize our remaining spectrum assets as well as support T-Mobile’s integration.

Array continues to make nice progress executing across our 2026 priorities. The organization remains laser-focused on optimizing our tower operations - as evidenced by our sequential tower tenancy growth. And we continue to monetize our remaining spectrum assets as well as support T-Mobile's integration.

Array continues to make nice progress executing across our 2026 priorities. The organization remains laser-focused on optimizing our tower operations - as evidenced by our sequential tower tenancy growth. And we continue to monetize our remaining spectrum assets as well as support T-Mobile’s integration.

Cronos delivered a record second quarter by organically achieving record net revenue, record gross profit and record Adjusted EBITDA, while also reducing our share count. Cronos Israel delivered its tenth consecutive quarter of record net revenue, continuing to secure PEACE NATURALS as the leading cannabis brand in the country. Outside of Israel, our international business also delivered a record net revenue quarter, led by momentum in Germany. In Canada, the Spinach brand continued to gain sign

Our second quarter results exceeded our expectations, demonstrating meaningful progress across agilon's strategic initiatives and reinforcing our confidence in the strength of our Total Care Model.

If you're a long-term shareholder / owner like I am, thank you for your belief and patience. While we've been running through the mud for the past four years of the worst housing market in four decades, we have also made some amazing investments, done remarkable work and expect extraordinary results over the next several quarters and years.

During the second quarter, we remained highly active across both treasury management and Ethereum ecosystem development, deploying capital into initiatives designed to enhance the productivity of our ETH and strengthen the infrastructure supporting broader adoption.

In the second quarter of 2026, we delivered 9% constant currency revenue growth and 7% adjusted EBITDA growth, reflecting continued execution of our strategy to drive long-term, profitable growth through an expanding and clinically differentiated product portfolio.

Calumet continues to execute against every element of our multi-dimensional strategy. Our integrated specialties platform delivered exceptional results in a strong margin environment, supporting $115 million of debt retirement in July. Further, Montana Renewables completed the first stage of our MaxSAF 150 expansion and is advancing toward a faster, highly capital-efficient next stage expansion. Combined, our operating momentum and favorable outlook position us to simultaneously accelerate delev

Demand for our brands remains robust and resilient and we are continuing to find creative solutions to deal with global uncertainties. We are one year into our ownership of MotoGP and remain encouraged by the opportunities to grow the sport globally while Formula 1’s expanding reach and deepening fan engagement continue to support strong commercial momentum. Disciplined capital allocation remains a core priority as we evaluate strategic investment opportunities to enhance long-term shareholder v

We delivered a strong second quarter and enter the back half of the year with real momentum, as our core business grew across handle, users, and engagement.

Over the years, we have maintained a significant hedge position against our refining investments. While I believe this strategy has generally served well in mitigating risk, our results this quarter were impacted by exceptional geopolitical events that disproportionately affected our long refining exposure versus crack spreads and other short refinery positions.

H&P delivered strong financial and operational results during the quarter. We generated direct margins that exceeded the midpoint of guidance ranges in all segments as well as strong adjusted EBITDA and free cash flows.

Strong customer demand led to another record quarter for Legence, with new highs in revenue, Adjusted EBITDA and backlog and awarded contracts.