Earnings to Watch – Week of 8 June 2026

$VFS opens the week Monday before the US open, reporting Q1 2026 (quarter ended 31 March). The unit numbers are already known: VinFast pre-disclosed 58,577 EV deliveries for the quarter, up 61% year-on-year but down sharply from the record 86,557 it delivered in Q4. For the 2025 full year it reported revenue of about $3.6bn (+105%) on a gross margin of roughly -42%, an improvement from about -57% in 2024 but still deeply negative.

The company remains heavily reliant on parent Vingroup and its chairman, who have committed a multi-billion-dollar funding package, and in May it announced a roughly $530m sale of its Vietnamese manufacturing arm as part of an asset-light restructuring.

$SAIL reports fiscal Q1 2027 (quarter ended 30 April) before the open, its first print since a March guidance reset knocked the stock to a post-IPO low. The identity-security specialist returned to public markets in February 2025 at $23 a share; at the Q4 print in March it beat on revenue and crossed $1.1bn in annual recurring revenue (ARR, +28% year-on-year), but a cautious FY2027 ARR guide of roughly +21% growth – down from +28% the prior year – and first-quarter revenue guidance below the Street sent shares to a 52-week low near $10.

They have since recovered to the high-teens, so the bar into this print has been reset lower.

$CHWY reports fiscal Q1 (quarter ended early May) before the open, with the stock down roughly 35% so far this year and trading near a 52-week low. The pet e-commerce retailer closed its last fiscal year with net sales up about 8% and active customers back to growth at 21.3 million (+4%) after a multi-quarter decline, and Autoship – its subscription reorder program – now runs at roughly 84% of sales.

The setup is cautious: management has described the consumer as more stretched than at the start of the year, several analysts trimmed price targets into the print, and a California antitrust complaint unsealed in May named Chewy among a group of large retailers.

$ORCL reports fiscal Q4 2026 (quarter ended 31 May) after the close in the most-watched print of the week, and the one most exposed to the AI-infrastructure trade. In Q3 the cloud business set the tone: total cloud revenue grew 44% and Oracle Cloud Infrastructure (OCI) – the rented compute-and-GPU layer – grew 84% year-on-year, while remaining performance obligations (RPO, a measure of contracted future revenue) jumped to $553bn, up more than fourfold, on a wave of large multi-year AI contracts.

The market is paying up for that backlog: the stock has roughly doubled from its April low, though it still sits below last September's peak. The cost side is the counterweight – Oracle has guided to about $50bn of capital spending this year and disclosed roughly $261bn of future data-center lease commitments, a sign of how much infrastructure it is contracting to build.

$HLMA, one of the UK market's longer-running compounders, reports full-year results (year ended 31 March) before the London open. Halma is a collection of safety, environmental and healthcare-technology businesses run on a serial-acquisition model, and it heads into this print on a strong run: at the half-year stage organic constant-currency revenue grew about 17% and the adjusted operating margin was around 22%, and management has guided to mid-teens organic growth for the full year – well ahead of the upper-single-digit pace it originally expected.

A notable driver has been demand for its photonics products from AI data centres: a single large technology customer accounted for roughly 19% of group revenue in the first half, up from 14% a year earlier. The same photonics exposure that has accelerated growth also makes the print unusually sensitive to one hyperscale customer's ordering pattern.

$ADBE reports fiscal Q2 2026 (quarter ended 30 May) after the close, in what has become one of the cleaner tests of the AI-disruption question hanging over incumbent software. Adobe's business has kept compounding – first-quarter revenue grew about 12% and non-GAAP EPS 19%, and ending annual recurring revenue reached roughly $26bn – but the stock has fallen around 30% this year to near $250, a de-rating driven almost entirely by a lower multiple rather than weaker results.

The bear case crystallized at the Q1 print, when net-new Digital Media ARR – its core Creative and Document Cloud subscriptions – came in light of expectations as the Adobe Stock image business slipped faster than anticipated and customers turned to generative tools; the bull case is that Firefly, Adobe's own generative-AI offering, is scaling quickly off a small base. Two overhangs sit on top: an unresolved CEO succession, with long-time chief Shantanu Narayen set to step down once a successor is named, and a recently completed $1.9bn purchase of Semrush.

$LEN reports fiscal Q2 2026 (quarter ended 31 May) after the close, the clearest read this week on a US housing market still squeezed by mortgage rates near 6.5%. The second-largest US homebuilder is selling more homes at lower prices and thinner margins: in Q1, deliveries held up but the average sales price fell about 8% year-on-year and home-sales gross margin compressed to 15.2% from roughly 18.7% a year earlier, as sales incentives ran near 14% of price – well above the historical 4–6% norm – and EPS roughly halved.

Management called that 15.2% margin the low point for the year and guided Q2 gross margin to 15.5–16.0%. The stock is down more than 40% from its 2024 peak.