HoskingⓘNew$28M1%Contrarian value / Global diversified
What managers sayⓘ
2026-10-16Sands CapitalNeutralAddressing Modern Slavery Through StewardshipDetail →
2026-09-28Colossus (Invest Like the Best / Business Breakdowns)BullNoah Shinn - Building Instinct: The Personal Agent - [Invest Like the Best, EP.493]Detail →
2026-09-02Aswath Damodaran (Musings on Markets)NeutralThe Scaling and Profitability Trade off: Venture Capital's Weakest Link!Detail →
2026-07-27Patient Capital ManagementNeutralFinding Patience in... an Early 2000s Hip-Hop Song?Detail →
2026-07-10Patient Capital ManagementNeutralFinding Patience in... an Early 2000s Hip-Hop Song?Detail →
2026-06-04Aswath Damodaran (Musings on Markets)NeutralRevisiting the SpaceX Valuation: A Post-Prospectus Update!Detail →
Earnings Callsⓘ
Q2 2026August 12, 2026
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This quarter's results beat expectations, with total bookings and profitability reaching record highs, driven by strong global demand and operating leverage.
Total bookings rose 22% year over year to $58 billion, non-GAAP EPS grew 35%, and free cash flow surpassed $10 billion for the first time.
The company announced the acquisition of Delivery Hero, expanding to nearly 100 markets; autonomous driving will cover 15 cities by year-end, advancing with Nuro, Zoox, Wayve, and others, and establishing an AV lab; AI-optimized shopping carts and other initiatives are lifting average order value.
Management maintained its expectation of accelerating U.S. growth for the full year and expects buyback intensity to resume within months; Delivery Hero is expected to close in the second half of 2027 and migrate in 2029.
Intensifying competition in Brazil may affect ride volumes, but the report remains optimistic about the long-term commercialization of autonomous driving.