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PALANTIR $PLTR Q3’26 EARNINGS HIGHLIGHTS 🔹 Revenue: $2.31B (Est. $2.18B) 🟢; +96% YoY 🔹 Adj. EPS: $0.44 (Est. $0.41) 🟢 🔹 US Commercial: $984M (Est. $943M) 🟢; +148% YoY 🔹 Adj. Op Income: $1.43B (Est. $1.26B) 🟢 Raises FY26 Guide: 🔹 Revenue: $8.530B-$8.534B (Est. $8.2B) 🟢 🔹 Adj. Op Income: $5.245B-$5.249B (Est. $4.76B) 🟢 🔹 Adj. FCF: $4.80B-$5.00B (Est. $4.52B) 🟢 🔹 US Commercial Revenue: >$3.6B Q4 Guide: 🔹 Revenue: $2.649B-$2.653B (Est. $2.46B) 🟢 🔹 Adj. Op Income: $1.640B-$1.644B (Est. $1.41B) 🟢 Revenue Breakdown: 🔹 US Revenue: $1.94B; +119% YoY 🔹 US Government: $953M (Est. $862M) 🟢; +96% YoY Other Q3 Metrics: 🔹 Adj. Oper Margin: 62% 🔹 Rule of 40: 158% 🔹 TCV: $2.92B; +6% YoY 🔹 US Commercial TCV: $1.46B; +11% YoY 🔹 US Commercial RDV: $6.52B; +79% YoY Key Updates: 🔸 Closed 212 deals of at least $1 million, 107 deals of at least $5 million, and 64 deals of at least $10 million Comments: 🔸 “The Sovereign AI movement is imposing the most dramatic dichotomy between haves and have nots that I have witnessed in 30 years of business. Every institution—government and commercial—is rapidly being forced, voluntarily or not, into one of these two categories,”

Kioxia, a major Japanese NAND flash memory maker and $SNDK's longtime manufacturing joint-venture partner, issued its Q3 (Oct–Dec) outlook: 🔹 Revenue: $15.9B (Est. $18.6B) 🔴; +1% QoQ 🔹 Oper Profit: $12.7B (Est. $14.9B) 🔴 🔹 Net Profit: $8.6B (Est. $10.2B) 🔴 🔹 EPS: $5.41 (Est. $6.65) 🔴 🔹 9M: Oper Profit $33.4B / Net Profit $22.6B 🔸 Sees Q3 at about the Q2 level: data-center demand stays strong, but a stronger yen weighs (assumes ¥157/$ vs ¥161 in Q2)

Microsoft $MSFT Outlook 🔹 Q2 Revenue: $96.0B-$97.1B (Est. $95.62B) 🟢 🔹 Q2 Azure: +49% to +50% CC (Est. +44.6%) 🟢 🔸 Azure: Demand continues to exceed available supply 🔸 CY26 CapEx: ~$170B, lowered on 3rd-party capacity delays (Prior: ~$175B); spend to accelerate in H2 FY27 🔸 Some third-party GPU-as-a-service contracts delayed to H2 FY27 Q2 Segment Guidance: 🔹 Agents and Infra: $80.1B-$80.7B; +24%-25% YoY 🔹 Devices and Consumer: $15.9B-$16.4B Q2 Product Outlook: 🔹 M365 Commercial Cloud: ~+19% CC 🔹 M365 Consumer Cloud: Low-teens growth, down sequentially 🔹 Industry Solutions Cloud: Mid- to high-single-digit growth 🔹 Frontier & Support Services: Low- to mid-single-digit growth 🔹 Productivity & Server Licensing: Mid- to high-single-digit decline 🔹 Search & Advertising ex-TAC: Low-double-digit growth 🔹 Xbox Content & Services: Mid- to high-single-digit growth 🔹 Windows OEM & Devices: Mid-30s decline Q2 Financial Guidance: 🔹 Revenue Growth: +18%-19% YoY 🔹 COGS: $32.7B-$32.9B; +26%-27% YoY 🔹 Operating Expenses: $18.5B-$18.6B 🔹 Operating Margin: Down slightly YoY 🔹 Microsoft Cloud Gross Margin: ~65%, down YoY on mix shift to Azure 🔹 CapEx: Over $50B 🔹 Other Income/Expense: ~-$300M, excluding OpenAI 🔹 Effective Tax Rate: ~20% Additional Commentary: 🔸 Commercial Bookings: Healthy growth, impacted by significant prior-year Azure commitments FY27 Outlook: 🔹 Free Cash Flow: Expected to remain positive 🔸 May access additional funding sources when attractive 🔸 Cost guidance includes the employee voluntary exit offer

$GOOGL Q3 SEGMENT GROWTH YoY Total Rev: +25% YoY Google Cloud: +103% Search & Other: +12% YouTube Ads: +9% Google Network: +1% Subscriptions, Platforms & Devices: +11% Google Advertising: +11% Google Services: +11% Other Bets: +8%

ALPHABET $GOOGL Q3’26 EARNINGS HIGHLIGHTS 🔹 EPS: $2.12 🔹 Revenue: $127.6B (Est. $128.22B) 🔴; +25% YoY 🔹 Google Cloud Revenue: $30.7B (Est. $29.15B) 🟢 🔹 Search & Other: $63.4B (Est. $64.99B) 🔴 🔹 YouTube Ads: $11.2B (Est. $11.4B) 🔴 🔹 CapEx: $51.4B (Est. $55.2B) 🟢 🔹 CapEx to Revenue: ~40.3% Key Updates: 🔹 Equity Securities: $8.7B net unrealized loss; EPS impact $0.55 Google Services: 🔹 Google Services Revenue: $96.3B (Est. $98.42B) 🔴 🔹 Google Services Oper Income: $39.2B (Est. $40.8B) 🔴 🔹 Google Services Operating Margin: ~40.7% 🔹 Google Advertising: $82.0B (Est. $83.6B) 🔴 🔹 Google Network: $7.5B (Est. $7.2B) 🟢 🔹 Subscriptions, Platforms & Devices: $14.3B (Est. $14.85B) 🔴 Google Cloud: 🔹 Google Cloud Oper Income: $11.1B (Est. $9.75B) 🟢 🔹 Google Cloud Operating Margin: ~36.2% Other Bets: 🔹 Revenue: $372M 🔹 Operating Loss: -$2.0B Alphabet-Level Activities: 🔹 Oper Loss: -$7.7B; shared AI research and development expenses Other Metrics: 🔹 Total Oper Income: $40.6B (Est. $43.23B) 🔴 🔹 Total TAC: $16.4B 🔹 Revenue ex-TAC: ~$111.2B 🔹 Employees: 204,757 🔹 Paid Subscriptions: 150M+ 🔹 First-Party Model APIs: nearly 32B tokens per minute Geographic Revenue: 🔹 U.S.: $67.7B; +39% YoY 🔹 EMEA: $32.7B; +9% YoY 🔹 APAC: $19.9B; +12% YoY 🔹 Other Americas: $7.1B; +17% YoY Financials: 🔹 Operating Margin: 31.8% 🔹 Net Income: $26.5B 🔹 Other Income, Net: -$8.2B 🔹 Gain on Equity Securities, Net: -$8.7B 🔹 Operating Cash Flow: $42.3B (Est. $52.72B) 🔴 🔹 Free Cash Flow: -$9.1B (Est. -$2.7B) 🔴 🔹 TTM Free Cash Flow: $19.7B 🔹 Cash & Marketable Securities: $265.1B 🔹 Long-Term Debt: $125.1B Capital Return: 🔹 Dividend: $0.22/share 🔹 Stock Repurchases: $0 CEO Sundar Pichai Commentary: 🔸 “Google Cloud revenues grew 103%, powered by huge demand for our AI infrastructure and AI solutions. We’re also seeing strong demand for our TPU systems across a wide range of customers.” 🔸 “Overall, our first-party model APIs are now processing nearly 32 billion tokens per minute, more than four times what we processed a year ago.” 🔸 “On top of that, the Gemini app has reached one billion users—making it the fastest-growing product in Google’s history—and we surpassed 150 million YouTube Music and Premium subscribers globally, including trials.”