SHARPE
Reported results
- GAAP revenue $1,690.0 million, up 7.8% year-over-year; adjusted revenue $1,691.1 million, up 7.8%
- GAAP diluted earnings per share $0.83 (flat year-over-year); adjusted diluted earnings per share $1.78, up 14.8%
- GAAP operating income $409.3 million, up 11.9%; GAAP operating income margin 24.2%
- Adjusted consolidated EBITDA $674.8 million, up 9.0%; adjusted consolidated EBITDA margin 39.9%
- Adjusted organic revenue growth 5.2% in Q3 2026
- Nine-month operating cash flow $1,216.3 million, up 10.4% versus prior year
Guidance
- Q4 2026 adjusted revenue $1,700–$1,740 million
- Q4 2026 adjusted diluted earnings per share $1.88–$1.94
- FY 2026 adjusted revenue $6,736–$6,776 million
- FY 2026 adjusted diluted earnings per share $7.11–$7.17
- FY 2026 cash from operating activities $1,717–$1,817 million
- FY 2026 capital expenditures 4.4%–4.8% of revenue
Notes
Nine-month GAAP results also reported: revenue $5,032.8 million up 9.0%, GAAP diluted EPS $2.71 up 13.4%, adjusted diluted EPS $5.23 up 15.7%. Balance sheet note: $2.0 billion of Senior Notes classified as current with September 30, 2027 maturity; company states refinancing is probable in Q4 2026.
Price and volatility reaction
The stock moved -7.3% on the print. No front-expiry chain was on file, so there is no straddle expected move. 30-day ATM implied volatility moved -5.4 vol points across the event (constant-maturity series — not the front-week crush).
| Measure | Value | Basis |
|---|---|---|
| Close before release | 89.54 | 2026-10-22 |
| Close after release | 82.96 | 2026-10-23 |
| Realised move | -7.3% | close to close |
| 30d ATM IV change | -5.4 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 2026-10-22 (8-K, Item 2.02). Read the original filing on sec.gov.