Constellation Brands Q2 FY2027 Earnings: Beer Makes 94% of Sales and All the Profit
Constellation Brands' Q2 FY2027 net sales rose 6% to $2.63B and EPS rose 25% to $3.32. Beer earned $964M at a 39.0% margin; wine and spirits earned $6M.
#balance-sheet
Balance Sheet
Balance sheet preparation, analysis, and understanding assets, liabilities, and equity
Deere Q3 FY2026 Earnings: $1.38B Profit From a Tractor Maker With a $70B Bank
Deere's Q3 FY2026: $1.379B net income on $12.6B revenue, large ag sales down 6%, construction margin up to 12.1%, and a $49.2B finance receivables book.
Oyster Farm Bookkeeping: Why Your 10-Year Aquaculture Lease Is a Balance-Sheet Asset
A 10-year oyster lease books as an ASC 842 right-of-use asset; 12-month grow-out costs track by cohort until harvest.
Vendor Deposits and Prepaid Supplier Advances: How to Book Cash You Paid Before the Goods Arrive
A vendor deposit is an asset, not an expense: book it to Advances to Suppliers, apply it to the final invoice, and deduct only when IRS timing rules allow.
AutoZone FY2026 Q4 Earnings: $2.57B Profit, $2.50B Deficit
AutoZone earned $2.57B in FY2026 yet ends with a $2.50B stockholders' deficit: $40.5B of buybacks since 1998, and payables fund 111.1% of inventory.
Paychex Q1 FY2027 Earnings: 38% Margin, $4.35B Client Float
Paychex Q1 FY2027 revenue rose 6% to $1.63B and operating margin hit 38.0%, while $4.35B of client payroll funds earned $49.8M of interest.
PDD Holdings Q2 2026 Earnings: Revenue +8%, Profit −12%, RMB 128.5B Merchant Float
PDD's Q2 2026 revenue rose 8% to RMB 112.4B but net income fell 12% on a RMB 7.4B other loss, while RMB 128.5B owed to merchants funds its cash pile.
Rocket Lab Q2 2026 Earnings: Record $234M Revenue, a $2.36B Backlog and $1.9B of New Equity
Rocket Lab's Q2 2026 revenue rose 62% to $234.1M and its net loss narrowed to $49.3M, but $1.87B of new paid-in capital in six months funded the growth.
The Working Capital Adjustment Trap: Why Your Sale Price Can Shrink 90 Days After Closing
A bare-number working capital peg lets the buyer restate your closing sheet under GAAP and bill you the gap — demand symmetric methods in the agreement.
Colombia's One-Time Corporate Wealth Tax: Who Owes It on the March 1, 2026 Net-Equity Snapshot
Colombia's one-time 2026 wealth tax hits companies with March 1 net equity of COP 10.47B+: 0.5% generally, 1.6% for finance and extractives.
Applied Materials FY2026 Q3: Record $9.12B Revenue and the Inventory Ledger Behind AI Capex
Applied Materials posted record Q3 FY2026 revenue of $9.12 billion (+25% YoY), a 50.3% GAAP gross margin, and net income of $2.54 billion (+43%). A double-entry read of the balance-sheet lines that lead the AI equipment cycle — inventory at $6.56 billion and contract liabilities at $3.27 billion, both rising together.
Broadcom Q3 FY2026 Earnings: $29.6B Record Quarter as AI Semiconductors Hit $16.7B
Broadcom's Q3 FY2026 revenue hit $29.591 billion (+86% YoY) and GAAP net income $13.088 billion (+216%), with AI semiconductor revenue of $16.7 billion now 56% of total revenue. A double-entry breakdown of how the AI backlog shows up as $13.7 billion of receivables and $4.5 billion of inventory while free cash flow ran at 46% of revenue.