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Q2 FY27 May 1 – Jul 31, 2026
Net profit is larger than what operations earned, because the statement adds $0.04B below it, under Other income, net.
The numbers behind the diagram
| Item | Value | Share of revenue | Year over year |
|---|---|---|---|
| Revenue | 1.47 | 100% | +26% |
| Cost of revenue | −0.37 | 25% | |
| Gross profit | 1.10 | 75% margin | +1pp |
| R&D | −0.44 | 30% | +1pp |
| Sales & marketing | −0.51 | 35% | −4pp |
| G&A | −0.18 | 12% | −3pp |
| Operating profit | −0.03 | −2% margin | +7pp |
| Other income, net | 0.04 | ||
| Net profit | 0.01 | 0% margin | +6pp |
| Item | Value | Share of revenue | Year over year |
|---|---|---|---|
| Revenue | 1.39 | 100% | +26% |
| Subscription and Circulation | 1.32 | 95% | +26% |
| Professional Services | 0.07 | 5% | +23% |
| Cost of revenue | −0.34 | 25% | |
| Gross profit | 1.04 | 75% margin | +1pp |
| R&D | −0.41 | 29% | −1pp |
| Sales & marketing | −0.49 | 35% | −5pp |
| G&A | −0.18 | 13% | −2pp |
| Operating profit | −0.03 | −2% margin | +9pp |
| Other income, net | 0.06 | ||
| Net profit | 0.03 | 2% margin | +11pp |
| Item | Value | Share of revenue | Year over year |
|---|---|---|---|
| Revenue | 1.31 | 100% | +23% |
| Subscription & circulation | 1.24 | 95% | +23% |
| Professional services | 0.06 | 5% | +26% |
| Cost of revenue | −0.31 | 24% | |
| Gross profit | 0.99 | 76% margin | +2pp |
| R&D | −0.36 | 28% | −2pp |
| Sales & marketing | −0.46 | 35% | −3pp |
| G&A | −0.16 | 12% | −1pp |
| Operating profit | 0.01 | 1% margin | +8pp |
| Other income, net | 0.05 | ||
| Net profit | 0.06 | 4% margin | +12pp |
| Item | Value | Share of revenue | Year over year |
|---|---|---|---|
| Revenue | 0.96 | 100% | +32% |
| Subscription & circulation | 0.92 | 95% | +33% |
| Professional services | 0.05 | 5% | +10% |
| Cost of revenue | −0.24 | 25% | |
| Gross profit | 0.73 | 75% margin | +0pp |
| R&D | −0.25 | 26% | +2pp |
| Sales & marketing | −0.36 | 37% | −2pp |
| G&A | −0.11 | 11% | −3pp |
| Operating profit | 0.01 | 1% margin | +4pp |
| Other income, net | 0.04 | ||
| Tax | −0.01 | ||
| Net profit | 0.05 | 5% margin | +4pp |
| Item | Value | Share of revenue | Year over year |
|---|---|---|---|
| Revenue | 0.92 | 100% | +33% |
| Subscription & circulation | 0.87 | 95% | +34% |
| Professional services | 0.05 | 5% | +18% |
| Cost of revenue | −0.23 | 24% | |
| Gross profit | 0.70 | 76% margin | +0pp |
| R&D | −0.24 | 26% | +0pp |
| Sales & marketing | −0.35 | 38% | −3pp |
| G&A | −0.10 | 11% | −1pp |
| Operating profit | 0.01 | 1% margin | +4pp |
| Other income, net | 0.04 | ||
| Tax | −0.01 | ||
| Net profit | 0.04 | 5% margin | +5pp |
Financial health
The balance sheet, the quarter's capital flow, the debt schedule and the capital structure of the quarter shown above.
The balance sheet, capital flow, debt schedule and capital structure open with a free account.
Quarter by quarter
Every set of results we hold, newest first. Open one on its own page. The arrow beside a quarter shows it in the diagram above.
| Quarter | Period | Reported | Revenue | Year over year | Operating margin | Net profit | Net margin |
|---|---|---|---|---|---|---|---|
| Q2 FY27 May 1 – Jul 31, 2026 reported Aug 27, 2026 Operating margin −2% Net profit $0.01B | May 1 – Jul 31, 2026 | Aug 27, 2026 | $1.5B | +26% | −2% | $0.01B | 0% |
| Q1 FY27 Feb 1 – Apr 30, 2026 reported Jun 4, 2026 Operating margin −2% Net profit $0.03B | Feb 1 – Apr 30, 2026 | Jun 4, 2026 | $1.4B | +26% | −2% | $0.03B | 2% |
| Q4 FY26 Nov 1, 2025 – Jan 31, 2026 reported Mar 5, 2026 Operating margin 1% Net profit $0.06B | Nov 1, 2025 – Jan 31, 2026 | Mar 5, 2026 | $1.3B | +23% | 1% | $0.06B | 4% |
| Q2 FY25 May 1 – Jul 31, 2024 reported Aug 29, 2024 Operating margin 1% Net profit $0.05B | May 1 – Jul 31, 2024 | Aug 29, 2024 | $1.0B | +32% | 1% | $0.05B | 5% |
| Q1 FY25 Feb 1 – Apr 30, 2024 reported Jun 5, 2024 Operating margin 1% Net profit $0.04B | Feb 1 – Apr 30, 2024 | Jun 5, 2024 | $0.9B | +33% | 1% | $0.04B | 5% |
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