FinRadar.ai

is a deep analytics platform with sophisticated Macro/Micro/Technical/Fundamental actionable data to help you be on the right side of the market

[FinRadar.ai @StuckInStock]

$META | Q3'26 Earnings
Quarter Ended: September 30, 2026
---
📊 REVENUE
🟢 Q3 Revenue: $64.6B (+26% YoY)
🟢 Ad Impressions: +10% YoY | Avg Price Per Ad: +14% YoY
🟢 Q4 Guide: $73–76B (+21–26% YoY)
---
💰 EARNINGS
🔴 Q3 Net Income: $9.86B — includes $9.89B one-time AG settlement charge
🟢 Ex-litigation EPS: ~$7.40 (+605% YoY)
🟢 9M Net Income: $52.5B (+39% YoY)
---
⚙️ MARGINS
🔴 Q3 Op. Margin: 20% (vs. 40% prior year) — litigation distortion
🔴 Reality Labs Op. Loss: $(4.1B)
🟢 FoA Op. Income: $17.1B
---
🏗️ CAPEX & CASH
🔴 Q3 Capex: $34.9B | 9M Capex: $83.1B (+72% YoY)
🔴 Q3 FCF: $(2.1B) — negative
🟢 Cash + Securities: $82.5B
🟢 9M Operating Cash Flow: $96.9B (+22% YoY)
🟢 FY2026 Capex Guide: $135–145B
---
👥 ENGAGEMENT
🟢 Daily Active People: 3.64B (+3% YoY)
---
🔤 CLASS C RESTRUCTURING
⚪ New non-voting Class C stock effective Jan 19, 2027
⚪ 1-for-1 stock dividend — economic 2-for-1 split
🔴 Zuckerberg voting control permanently entrenched
---
⚠️ FY2026 GUIDE
🔴 Total Expenses: $175–179B (raised)
🟢 Q4 Tax Rate: 15–17% (vs. 24% in Q3)

[FinRadar.ai @StuckInStock]

@kamilbaranek_ Like you! At least it finished!

[FinRadar.ai @StuckInStock]

$SPCX | Q3'26 Earnings
SpaceX | Space · Connectivity · Super Intelligence
Quarter Ended: September 30, 2026
https://t.co/IcYqoZ59JE

---
📊 TOPLINE
🟢 Q3 Revenue: $14.6B (+161% YoY) — was $5.6B a year ago
🟢 9M 2026 Revenue: $27.1B (+97% YoY)
🟢 First quarter of positive operating income: $2.8B (vs. -$273M YoY)
🟢 Net Income: $4.4B (vs. -$1.1B YoY) — full swing to profitability
---
🧩 SEGMENT BREAKDOWN

🛸 Space — $1.8B (+6% YoY)
🟢 12 customer launches | NASA Roman Space Telescope mission
🟢 First orbital Starship flight — 10x Falcon 9 downlink capacity
🟢 3 new NASA ISS crew missions + 18 NSSL missions signed
🔴 Op. loss: $(7M) — heavy R&D drag from Starship program
🔴 Capex: $1.6B (+44% YoY) — development in overdrive

📡 Connectivity — $5.2B (+69% YoY)
🟢 Starlink subscribers: 13.6M (was 7.2M a year ago, +89% YoY)
🟢 Enterprise & Gov revenue: $2.1B (+91% YoY) 🔥
🟢 Op. income: $2.4B (+99% YoY) — the cash engine
🟢 Adj. EBITDA: $3.5B (+82% YoY)
🟢 3,800+ aircraft equipped with Starlink
🔴 Consumer ARPU: $69/mo (vs. $83/mo YoY) — pricing pressure on consumers
🔴 Agreed to acquire 800 MHz spectrum (closes H1 2027) — regulatory risk

🤖 Super Intelligence (SI) — $7.6B (+830% YoY)
🟢 SI revenue: $7.6B — now the LARGEST segment
🟢 SI solutions & infra revenue: $7.0B (+1,853% YoY)
🟢 Nameplate compute: 1.7 GW (was 0.6 GW a year ago) — COLOSSUS II buildout
🟢 Cursor acquisition ($42.5B) contributed $608M revenue post-close
🟢 Grok Bot launched — agentic AI product
🟢 SI Adj. EBITDA: $5.0B (vs. -$428M a year ago) — massive inflection
🔴 SI Capex: $16.4B in ONE quarter — extraordinary burn rate
🔴 9M SI Capex: $40B — this is hyperscaler-level infrastructure spending
---
💵 MARGINS & PROFITABILITY
🟢 Q3 Adj. EBITDA: $8.8B (+306% YoY)
🟢 9M Adj. EBITDA: $13.5B (+163% YoY)
🟢 Q3 Op. Margin: 19.1% (first positive quarter)
🔴 Total Costs: $11.8B (+101% YoY) — scaling fast alongside revenue
🔴 Interest Expense: $675M — rising with debt load
---
🏦 BALANCE SHEET
🟢 Cash & Equivalents: $51.3B (vs. $24.7B Dec 2025) — post-IPO fortress
🟢 Marketable Securities: $38.6B (new — none at year-end)
🟢 Total Assets: $254B (vs. $92B Dec 2025) — nearly 3x'd in 9 months
🟢 Goodwill: $48.4B (Cursor + other acquisitions)
🔴 Total Debt (LT + current): ~$38.8B — significant leverage
🔴 Deferred Revenue (current): $10.8B (+77% YoY) — liability growing fast
---
💸 CASH FLOWS (9M)
🟢 Operating Cash Flow: $13.1B (+218% YoY)
🟢 IPO Proceeds: $85.7B — historic capital raise
🔴 Investing Cash Outflows: $(84.6B) — nearly all IPO proceeds deployed into capex + securities
🔴 Capex: $48.1B (9M) vs. $13.8B prior year — 3.5x increase
---
⚠️ KEY WATCH ITEMS
🔴 SI Capex is astronomically high — $16.4B in a single quarter. ROI timeline unclear
🔴 Consumer Starlink ARPU declining (-17% YoY) — pricing power eroding at scale
🔴 $42.5B Cursor acquisition — massive goodwill; integration & SBC costs ($23.4B in equity awards) loom large
🔴 Net loss YTD: $(413M) despite the strong Q3 — full-year profitability not yet certain
🟢 But: Operating cash flow strongly positive. The business generates real cash

[FinRadar.ai @StuckInStock]

$NFLX
Q3'26 Earnings Filed: October 20, 2026
https://t.co/M4iVc8jPoG

---
📊 REVENUE
🟢 Q3 Revenue: $12.9B (+12% YoY, +11% FX-neutral) — in-line with forecast
🟢 YTD 2026 Revenue: $37.7B (+14% YoY)
🟢 FY2026 Revenue Guide: $51.1B (+13% YoY) — maintained
⚪ Revenue growth decelerating: 17% → 13% → 12% past 3 quarters
---
💰 EARNINGS
🟢 Q3 EPS (Diluted): $0.87 (+49% YoY)
🟢 Q3 Net Income: $3.7B (+44% YoY)
🟢 9M 2026 Net Income: $12.3B (+44% YoY)
---
⚙️ MARGINS — THE STANDOUT
🟢 Q3 Operating Income: $4.5B (+37% YoY)
🟢 Q3 Operating Margin: 34.6% vs. 28.2% a year ago — +640 bps YoY 🔥
🟢 FY2026 Operating Margin Guide: 31.5% (vs. 29.5% in 2025)
🔴 Q4 Operating Margin Guide: 26.0% — step-down due to headcount reduction charges (~120bps) and content spend timing
---
💵 CASH FLOW
🟢 Q3 Operating Cash Flow: $3.2B (+12% YoY)
🟢 Q3 Free Cash Flow: $2.9B (+8% YoY)
🔴 FY2026 FCF Guide cut to ~$12.0B (vs. prior $12.5B) — real estate deal timing
---
🌍 REGIONAL BREAKDOWN
🟢 UCAN: $5.6B (+11% YoY) — largest & steadiest
🟢 LATAM: $1.6B (+17% YoY) — strongest growth region
🔴 EMEA: $4.1B (+11% YoY, only +9% FX-neutral) — FX tailwind masking softer organic growth
🟢 APAC: $1.5B (+12% YoY, +15% FX-neutral) — India standout (+18% FX-neutral in Q3)
---
📺 ADS & ENGAGEMENT
🔴 Ad Revenue: ~$2.7B expected for FY2026 (cut from ~$3.0B) — slower ad product rollout
🟢 Price increases absorbing well — churn improved YoY globally & in US
🟢 Audience approaching 1 billion people
🟢 Non-English viewing: >33% of total (vs. <10% a decade ago)
🟢 Advertising tier expanding to 15 new countries in 2027 (March launch wave)
---
💸 CAPITAL RETURNS
🟢 Q3 Buybacks: $4.8B — largest single quarter of repurchases EVER
🟢 YTD buybacks: $10.8B
🟢 Remaining buyback authorization: $22.3B
🔴 Treasury stock now at $(33.2B) — aggressive but dilution-reducing
---
🔭 Q4 GUIDANCE
🟢 Q4 Revenue: $13.4B (+12% YoY)
🔴 Q4 Op. Margin: 26.0% — seasonal content + one-time headcount charges
🟢 Q4 EPS Guide: $0.67 (still +20% YoY)
---
⚠️ KEY WATCH ITEMS
🔴 Ad revenue target cut by $300M — execution risk on ad tech roadmap
🔴 Revenue growth decelerating toward 11-12% range
🔴 Q4 margin step-down to 26% is sharp — timing or structural?
🟢 Live events slate (NFL, Fury vs. Joshua) could re-accelerate engagement in Q4
🟢 Disney licensing deal + TF1 partnership = content moat expanding
---
Bottom line: $NFLX is a margin compounding story. Operating margin expanded 640 bps YoY in Q3, EPS surged 49%, and they just executed their largest buyback quarter ever. The yellow flags: ad revenue shortfall and decelerating top-line growth. The 26% Q4 margin guide is the headline risk — but if it's truly timing-driven, Q1'27 snaps back hard. Watch the ad product roadmap and live event engagement. 👀

[FinRadar.ai @StuckInStock]

🇧🇷 Brazilian Bank ADRs seeing Insider Net Buying lately:

$BBD is in a completely different league — Alvarez Rubens Aguiar alone bought $29,494,260 on Sept. 1 (1,698,000 shares @ R$17.37) via an indirect fund. Denise Aguiar separately deployed 5 large tranches on Aug. 31 totaling ~$20M+ in preference shares. This is institutional-scale insider conviction.

$BSBR CEO Leao's accumulation from June 2–16 ($2.85M+ in open market buys) remains the highlight, supported by 20+ officers buying in Q3.

$ITUB Real cash buys total only ~$1.1M.

[FinRadar.ai @StuckInStock]

$PEP - haven't seen insider buying in $PEP in a long while until now. Rotation to value seen in many other names as well.

[FinRadar.ai @StuckInStock]

13D/G - $ESLT — Harel Insurance Investments &amp; Financial Services Ltd. - 13G (5.2%) of ELBIT SYSTEMS LTD

[FinRadar.ai @StuckInStock]

CISCO SYSTEMS, INC. - Most recent 13F filing just hit for Q3 2026
1 new position $LIFE
1 decreased position $ITOT
https://t.co/x0bPdau4aD

[FinRadar.ai @StuckInStock]

13D/G - $ATAT — M&amp;G Plc on behalf of certain subsidiaries - 13G (5.2%) of Atour Lifestyle Holdings Ltd

[FinRadar.ai @StuckInStock]

Github / Gitlab $GTLB could be in trouble on this Anthropic news

[Anthropic @AnthropicAI]

New on our Engineering blog: Creating in-house source control.

In May, we merged around 2,500 code changes per day. In September, we merged more than 30,000 per day. As a result, we became bottlenecked by developer infrastructure built for human (rather than agent) scale.

Here, we share how we built a new version control system—and fully migrated our monorepo from git—in five months: https://t.co/wzNkwHs7IN

[FinRadar.ai @StuckInStock]

$IIPR - INNOVATIVE INDUSTRIAL PROPERTIES INC Insider Buy
Gold Alan D (EXECUTIVE CHAIRMAN) bought $1.0M @ $25.00/share
Not a 10b5-1 pre-planned purchase

[FinRadar.ai @StuckInStock]

$GOLD - https://t.co/qUcqwr1w6Q, INC. Insider Buy
Tether Holdings, S.A. de C.V., Devasini Giancarlo, TPM, S.A. de C.V. (10% Owner) bought $1.2M @ $39.87/share
Not a 10b5-1 pre-planned purchase

[FinRadar.ai @StuckInStock]

FOMC minutes :
The Federal Open Market Committee approved the following statement for release by a 12 – 0 vote:
-The Committee decided to raise the target range for the federal funds rate by 1/4 percentage point to 3-3/4 to 4 percent, in support of the Federal Reserve’s dual mandate.
-The Committee is continuing its policy of maintaining ample reserves in the banking system.
-Economic activity is expanding at a solid pace. While uncertainty remains elevated owing, in part, to geopolitical developments, domestic spending has been resilient.
-Productivity growth is strong, and capital investment is robust. Job gains have kept pace with the workforce,
and the unemployment rate has changed little.
-Inflation remains elevated. Today’s policy action will support a timelier return to the Committee’s 2 percent goal. The Committee will deliver price stability.

[FinRadar.ai @StuckInStock]

FOMC minutes :
The Federal Open Market Committee approved the following statement for release by a
12 – 0 vote:
-The Committee decided to raise the target range for the federal funds rate by 1/4 percentage point to 3-3/4 to 4 percent, in support of the Federal Reserve’s dual mandate.
-The Committee is continuing its policy of maintaining ample reserves in the banking system.
-Economic activity is expanding at a solid pace. While uncertainty remains elevated owing, in part, to geopolitical developments, domestic spending has been resilient.
-Productivity growth is strong, and capital investment is robust. Job gains have kept pace with the workforce,
and the unemployment rate has changed little.
-Inflation remains elevated. Today’s policy action will support a timelier return to the Committee’s 2 percent goal. The Committee will deliver price stability.

[FinRadar.ai @StuckInStock]

The $39 billion 10-year note reopening shows encouraging demand, with a 2.77× bid-to-cover ratio.
Indirect bidders took 80.34% of competitive awards, while dealers absorbed just 2.54%, indicating strong end-investor participation.

[FinRadar.ai @StuckInStock]

Seems like bond auctions on the 10 year notes went well?

[FinRadar.ai @StuckInStock]

Should be a fun day today:
1:00 PM 10y Notes auctions
2:00 PM FOMC minutes

[HODOR @Maximus_Holla]

$KURA PT 30 by JPM!