SHARPE
Reported results
- Third quarter 2026 revenue was $5,152 million, up 29.9% year-over-year.
- GAAP net income was $167.7 million for the third quarter of 2026.
- GAAP diluted earnings per share was $1.89 for the third quarter of 2026.
- Adjusted diluted earnings per share (non-GAAP) was $2.96 for the third quarter of 2026.
- Adjusted EBITDA (non-GAAP) was $486.4 million for the third quarter of 2026.
- Cash provided by operating activities was $267 million for the third quarter of 2026.
Guidance
- Full Year 2026E Revenue guidance is $18,300 million.
- Full Year 2026E GAAP net income guidance is $498 million to $524 million.
- Full Year 2026E Adjusted net income guidance is $755 million to $785 million.
- Full Year 2026E Adjusted EBITDA guidance is $1,565 million to $1,600 million.
- Full Year 2026E Adjusted EBITDA margin guidance is 8.6% to 8.7%.
- Full Year 2026E GAAP diluted earnings per share guidance is $5.69 to $6.01.
- Full Year 2026E Adjusted diluted earnings per share guidance is $8.92 to $9.30.
- The company expects to generate over $1 billion in operating cash flow for 2026.
Price and volatility reaction
The stock moved +4.6% on the print. No front-expiry chain was on file, so there is no straddle expected move. 30-day ATM implied volatility moved -15.6 vol points across the event (constant-maturity series — not the front-week crush).
| Measure | Value | Basis |
|---|---|---|
| Close before release | 177.82 | 2026-10-29 |
| Close after release | 186.06 | 2026-10-30 |
| Realised move | +4.6% | close to close |
| 30d ATM IV change | -15.6 vol pts | constant-maturity series, not the front expiry |
Source
The figures above come from the earnings release the company filed with the SEC on 2026-10-29 (8-K, Item 2.02). Read the original filing on sec.gov.