assumption-drift

64 worse than guided. 0 acknowledged.


StatementsStmtsResolvedResolvedMetMetBetter than guidedBetterWorse than guidedWorseWorse acknowledgedWorse ack'd
NVIDIA2121375855240
Salesforce31718618137310
Target8265272990
Total611388103221640

Resolved is met plus missed. Withdrawn and unresolved rows count under statements only.

Missed rows: days from guidance to a checkable outcome, against days to acknowledgement
Each mark is a missed row: days from guidance to a checkable outcome, against days to acknowledgement.

NVIDIA Corporation

Worse than guided (24), newest first

operating expenses non-GAAP, Q4 FY2026

guided $5 billion, reported $5.102 billion

Guidance, 2025-11-19

GAAP and non-GAAP operating expenses are expected to be approximately $6.7 billion and $5.0 billion, respectively.

Outcome, 2026-02-25

table line as filed
Operating expenses $5,102 $4,215 $3,378 21 % 51 %

Never referred to again.

operating expenses GAAP, Q4 FY2026

guided $6.7 billion, reported $6.794 billion

Guidance, 2025-11-19

GAAP and non-GAAP operating expenses are expected to be approximately $6.7 billion and $5.0 billion, respectively.

Outcome, 2026-02-25

table line as filed
Operating expenses $6,794 $5,839 $4,689 16 % 45 %

Never referred to again.

gross margin GAAP, Q1 FY2026

guided 70.1% to 71.1%, reported 60.5%

Guidance, 2025-02-26

GAAP and non-GAAP gross margins are expected to be 70.6% and 71.0%, respectively, plus or minus 50 basis points.

Outcome, 2025-05-28

table line as filed
Gross margin 60.5 % 73.0 % 78.4 % (12.5) pts (17.9) pts

Never referred to again.

gross margin non-GAAP, Q1 FY2026

guided 70.5% to 71.5%, reported 61%

Guidance, 2025-02-26

GAAP and non-GAAP gross margins are expected to be 70.6% and 71.0%, respectively, plus or minus 50 basis points.

Outcome, 2025-05-28

table line as filed
Gross margin 61.0 % 73.5 % 78.9 % (12.5) pts (17.9) pts

Never referred to again.

operating expenses non-GAAP, Q3 FY2025

guided $3 billion, reported $3.046 billion

Guidance, 2024-08-28

GAAP and non-GAAP operating expenses are expected to be approximately $4.3 billion and $3.0 billion, respectively.

Outcome, 2024-11-20

table line as filed
Operating expenses $3,046 $2,792 $2,026 Up 9% Up 50%

Never referred to again.

operating expenses non-GAAP, Q3 FY2024

guided $2 billion, reported $2.026 billion

Guidance, 2023-08-23

GAAP and non-GAAP operating expenses are expected to be approximately $2.95 billion and $2.00 billion, respectively.

Outcome, 2023-11-21

table line as filed
Operating expenses $2,026 $1,838 $1,793 Up 10% Up 13%

Never referred to again.

operating expenses GAAP, Q3 FY2024

guided $2.95 billion, reported $2.983 billion

Guidance, 2023-08-23

GAAP and non-GAAP operating expenses are expected to be approximately $2.95 billion and $2.00 billion, respectively.

Outcome, 2023-11-21

table line as filed
Operating expenses $2,983 $2,662 $2,576 Up 12% Up 16%

Never referred to again.

operating expenses GAAP, Q4 FY2023

guided $2.56 billion, reported $2.576 billion

Guidance, 2022-11-16

GAAP and non-GAAP operating expenses are expected to be approximately $2.56 billion and $1.78 billion, respectively.

Outcome, 2023-02-22

table line as filed
Operating expenses $2,576 $2,576 $2,029 -- Up 27%

Never referred to again.

gross margin GAAP, Q3 FY2023

guided 61.9% to 62.9%, reported 53.6%

Guidance, 2022-08-24

GAAP and non-GAAP gross margins are expected to be 62.4% and 65.0%, respectively, plus or minus 50 basis points.

Outcome, 2022-11-16

table line as filed
Gross margin 53.6 % 43.5 % 65.2 % Up 10.1 pts Down 11.6 pts

Never referred to again.

gross margin non-GAAP, Q3 FY2023

guided 64.5% to 65.5%, reported 56.1%

Guidance, 2022-08-24

GAAP and non-GAAP gross margins are expected to be 62.4% and 65.0%, respectively, plus or minus 50 basis points.

Outcome, 2022-11-16

table line as filed
Gross margin 56.1 % 45.9 % 67.0 % Up 10.2 pts Down 10.9 pts

Never referred to again.

revenue, Q2 FY2023

guided $7.938 billion to $8.262 billion, reported $6.704 billion

Guidance, 2022-05-25

Revenue is expected to be $8.10 billion, plus or minus 2%.

Outcome, 2022-08-24

table line as filed
Revenue $6,704 $8,288 $6,507 Down 19% Up 3%

Never referred to again.

gross margin non-GAAP, Q2 FY2023

guided 66.6% to 67.6%, reported 45.9%

Guidance, 2022-05-25

GAAP and non-GAAP gross margins are expected to be 65.1% and 67.1%, respectively, plus or minus 50 basis points.

Outcome, 2022-08-24

table line as filed
Gross margin 45.9 % 67.1 % 66.7 % Down 21.2 pts Down 20.8 pts

Never referred to again.

gross margin GAAP, Q2 FY2023

guided 64.6% to 65.6%, reported 43.5%

Guidance, 2022-05-25

GAAP and non-GAAP gross margins are expected to be 65.1% and 67.1%, respectively, plus or minus 50 basis points.

Outcome, 2022-08-24

table line as filed
Gross margin 43.5 % 65.5 % 64.8 % Down 22.0 pts Down 21.3 pts

Never referred to again.

operating expenses non-GAAP, Q1 FY2023

guided $1.6 billion, reported $1.608 billion

Guidance, 2022-02-16

Non-GAAP operating expenses are expected to be $1.60 billion.

Outcome, 2022-05-25

table line as filed
Operating expenses $1,608 $1,447 $1,189 Up 11% Up 35%

Never referred to again.

operating expenses GAAP, Q1 FY2023

guided $1.36 billion, reported $3.563 billion

Guidance, 2022-02-16

NVIDIA intends to record in operating expenses a $1.36 billion charge (the Arm Write-off) in the first quarter of fiscal 2023 reflecting the write-off of the prepayment provided at signing in September 2020.

Outcome, 2022-05-25

table line as filed
Operating expenses $3,563 $2,029 $1,673 Up 76% Up 113%

Never referred to again.

operating expenses non-GAAP, Q4 FY2022

guided $1.43 billion, reported $1.447 billion

Guidance, 2021-11-17

GAAP and non-GAAP operating expenses are expected to be approximately $2.02 billion and $1.43 billion, respectively.

Outcome, 2022-02-16

table line as filed
Operating expenses $1,447 $1,375 $1,187 Up 5% Up 22%

Never referred to again.

operating expenses GAAP, Q2 FY2022

guided $1.76 billion, reported $1.771 billion

Guidance, 2021-05-26

GAAP and non-GAAP operating expenses are expected to be approximately $1.76 billion and $1.26 billion, respectively.

Outcome, 2021-08-18

table line as filed
Operating expenses $1,771 $1,673 $1,624 Up 6% Up 9%

Never referred to again.

operating expenses GAAP, Q4 FY2021

guided $1.64 billion, reported $1.65 billion

Guidance, 2020-11-18

GAAP and non-GAAP operating expenses are expected to be approximately $1.64 billion and $1.18 billion, respectively.

Outcome, 2021-02-24

table line as filed
Operating expenses $1,650 $1,562 $1,025 Up 6% Up 61%

Never referred to again.

operating expenses non-GAAP, Q4 FY2021

guided $1.18 billion, reported $1.187 billion

Guidance, 2020-11-18

GAAP and non-GAAP operating expenses are expected to be approximately $1.64 billion and $1.18 billion, respectively.

Outcome, 2021-02-24

table line as filed
Operating expenses $1,187 $1,101 $810 Up 8% Up 47%

Never referred to again.

operating expenses non-GAAP, Q3 FY2021

guided $1.09 billion, reported $1.101 billion

Guidance, 2020-08-19

GAAP and non-GAAP operating expenses are expected to be approximately $1.54 billion and $1.09 billion, respectively.

Outcome, 2020-11-18

table line as filed
Operating expenses $1,101 $1,035 $774 Up 6% Up 42%

Never referred to again.

operating expenses GAAP, Q3 FY2021

guided $1.54 billion, reported $1.562 billion

Guidance, 2020-08-19

GAAP and non-GAAP operating expenses are expected to be approximately $1.54 billion and $1.09 billion, respectively.

Outcome, 2020-11-18

table line as filed
Operating expenses $1,562 $1,624 $989 Down 4% Up 58%

Never referred to again.

operating expenses non-GAAP, Q2 FY2021

guided $4.1 billion, reported $4.144 billion

Guidance, 2020-05-21

GAAP and non-GAAP operating expenses for the full year, which will include Mellanox starting with the second quarter, are expected at approximately $5.7 billion and $4.1 billion, respectively.

Outcome, 2021-02-24

table line as filed
Operating expenses $4,144 $3,086 Up 34%

Never referred to again.

operating expenses GAAP, Q2 FY2021

guided $1.52 billion, reported $1.624 billion

Guidance, 2020-05-21

GAAP and non-GAAP operating expenses are expected to be approximately $1.52 billion and $1.04 billion, respectively.

Outcome, 2020-08-19

table line as filed
Operating expenses $1,624 $1,028 $970 Up 58% Up 67%

Never referred to again.

operating expenses GAAP, Q2 FY2021

guided $5.7 billion, reported $5.864 billion

Guidance, 2020-05-21

GAAP and non-GAAP operating expenses for the full year, which will include Mellanox starting with the second quarter, are expected at approximately $5.7 billion and $4.1 billion, respectively.

Outcome, 2021-02-24

table line as filed
Operating expenses $5,864 $3,922 Up 50%

Never referred to again.

Better than guided (55)

operating expenses non-GAAP, Q2 FY2027

guided $8.3 billion, reported $8.232 billion

Guidance, 2026-05-20

GAAP and non-GAAP operating expenses are expected to be approximately $8.5 billion and $8.3 billion, respectively.

Outcome, 2026-08-26

table line as filed
Operating expenses $8,232 $7,449 $5,361 11 % 54 %

Never referred to again.

operating expenses GAAP, Q2 FY2027

guided $8.5 billion, reported $8.408 billion

Guidance, 2026-05-20

GAAP and non-GAAP operating expenses are expected to be approximately $8.5 billion and $8.3 billion, respectively.

Outcome, 2026-08-26

table line as filed
Operating expenses $8,408 $7,621 $5,413 10 % 55 %

Never referred to again.

revenue, Q2 FY2027

guided $89.18 billion to $92.82 billion, reported $96.221 billion

Guidance, 2026-05-20

Revenue is expected to be $91.0 billion, plus or minus 2%.

Outcome, 2026-08-26

table line as filed
Revenue $96,221 $81,615 $46,743 18 % 106 %

Never referred to again.

operating expenses non-GAAP, Q1 FY2027

guided $7.5 billion, reported $7.449 billion

Guidance, 2026-02-25

GAAP and non-GAAP operating expenses are expected to be approximately $7.7 billion and $7.5 billion, respectively, inclusive of $1.9 billion of stock-based compensation expense.

Outcome, 2026-05-20

table line as filed
Operating expenses $7,449 $6,666 $4,993 12 % 49 %

Never referred to again.

revenue, Q1 FY2027

guided $76.44 billion to $79.56 billion, reported $81.615 billion

Guidance, 2026-02-25

Revenue is expected to be $78.0 billion, plus or minus 2%.

Outcome, 2026-05-20

table line as filed
Revenue $81,615 $68,127 $44,062 20 % 85 %

Never referred to again.

operating expenses GAAP, Q1 FY2027

guided $7.7 billion, reported $7.621 billion

Guidance, 2026-02-25

GAAP and non-GAAP operating expenses are expected to be approximately $7.7 billion and $7.5 billion, respectively, inclusive of $1.9 billion of stock-based compensation expense.

Outcome, 2026-05-20

table line as filed
Operating expenses $7,621 $6,794 $5,030 12 % 52 %

Never referred to again.

revenue, Q4 FY2026

guided $63.7 billion to $66.3 billion, reported $68.127 billion

Guidance, 2025-11-19

Revenue is expected to be $65.0 billion, plus or minus 2%.

Outcome, 2026-02-25

table line as filed
Revenue $68,127 $57,006 $39,331 20 % 73 %

Never referred to again.

revenue, Q3 FY2026

guided $52.92 billion to $55.08 billion, reported $57.006 billion

Guidance, 2025-08-27

Revenue is expected to be $54.0 billion, plus or minus 2%.

Outcome, 2025-11-19

table line as filed
Revenue $57,006 $46,743 $35,082 22 % 62 %

Never referred to again.

operating expenses GAAP, Q3 FY2026

guided $5.9 billion, reported $5.839 billion

Guidance, 2025-08-27

GAAP and non-GAAP operating expenses are expected to be approximately $5.9 billion and $4.2 billion, respectively.

Outcome, 2025-11-19

table line as filed
Operating expenses $5,839 $5,413 $4,287 8 % 36 %

Never referred to again.

gross margin non-GAAP, Q2 FY2026

guided 71.5% to 72.5%, reported 72.7%

Guidance, 2025-05-28

GAAP and non-GAAP gross margins are expected to be 71.8% and 72.0%, respectively, plus or minus 50 basis points.

Outcome, 2025-08-27

table line as filed
Gross margin 72.7 % 61.0 % 75.7 % 11.7 pts (3.0) pts

Never referred to again.

gross margin GAAP, Q2 FY2026

guided 71.3% to 72.3%, reported 72.4%

Guidance, 2025-05-28

GAAP and non-GAAP gross margins are expected to be 71.8% and 72.0%, respectively, plus or minus 50 basis points.

Outcome, 2025-08-27

For the quarter, GAAP and non-GAAP gross margins were 72.4% and 72.7%, respectively.

Never referred to again.

revenue, Q2 FY2026

guided $44.1 billion to $45.9 billion, reported $46.743 billion

Guidance, 2025-05-28

Revenue is expected to be $45.0 billion, plus or minus 2%.

Outcome, 2025-08-27

table line as filed
Revenue $46,743 $44,062 $30,040 6 % 56 %

Never referred to again.

operating expenses non-GAAP, Q2 FY2026

guided $4 billion, reported $3.795 billion

Guidance, 2025-05-28

GAAP and non-GAAP operating expenses are expected to be approximately $5.7 billion and $4.0 billion, respectively.

Outcome, 2025-08-27

table line as filed
Operating expenses $3,795 $3,583 $2,792 6 % 36 %

Never referred to again.

operating expenses GAAP, Q2 FY2026

guided $5.7 billion, reported $5.413 billion

Guidance, 2025-05-28

GAAP and non-GAAP operating expenses are expected to be approximately $5.7 billion and $4.0 billion, respectively.

Outcome, 2025-08-27

table line as filed
Operating expenses $5,413 $5,030 $3,932 8 % 38 %

Never referred to again.

operating expenses GAAP, Q1 FY2026

guided $5.2 billion, reported $5.03 billion

Guidance, 2025-02-26

GAAP and non-GAAP operating expenses are expected to be approximately $5.2 billion and $3.6 billion, respectively.

Outcome, 2025-05-28

table line as filed
Operating expenses $5,030 $4,689 $3,497 7 % 44 %

Never referred to again.

revenue, Q1 FY2026

guided $42.14 billion to $43.86 billion, reported $44.1 billion

Guidance, 2025-02-26

Revenue is expected to be $43.0 billion, plus or minus 2%.

Outcome, 2025-05-28

Revenue of $44.1 billion, up 12% from Q4 and up 69% from a year ago

Never referred to again.

operating expenses non-GAAP, Q4 FY2025

guided $3.4 billion, reported $3.378 billion

Guidance, 2024-11-20

GAAP and non-GAAP operating expenses are expected to be approximately $4.8 billion and $3.4 billion, respectively.

Outcome, 2025-02-26

table line as filed
Operating expenses $3,378 $3,046 $2,210 Up 11% Up 53%

Never referred to again.

revenue, Q4 FY2025

guided $36.75 billion to $38.25 billion, reported $39.331 billion

Guidance, 2024-11-20

Revenue is expected to be $37.5 billion, plus or minus 2%.

Outcome, 2025-02-26

table line as filed
Revenue $39,331 $35,082 $22,103 Up 12% Up 78%

Never referred to again.

operating expenses GAAP, Q4 FY2025

guided $4.8 billion, reported $4.689 billion

Guidance, 2024-11-20

GAAP and non-GAAP operating expenses are expected to be approximately $4.8 billion and $3.4 billion, respectively.

Outcome, 2025-02-26

table line as filed
Operating expenses $4,689 $4,287 $3,176 Up 9% Up 48%

Never referred to again.

revenue, Q3 FY2025

guided $31.85 billion to $33.15 billion, reported $35.1 billion

Guidance, 2024-08-28

Revenue is expected to be $32.5 billion, plus or minus 2%.

Outcome, 2024-11-20

Record quarterly revenue of $35.1 billion, up 17% from Q2 and up 94% from a year ago

Never referred to again.

revenue, Q2 FY2025

guided $27.44 billion to $28.56 billion, reported $30.04 billion

Guidance, 2024-05-22

Revenue is expected to be $28.0 billion, plus or minus 2%.

Outcome, 2024-08-28

table line as filed
Revenue $30,040 $26,044 $13,507 Up 15% Up 122%

Never referred to again.

operating expenses GAAP, Q2 FY2025

guided $4 billion, reported $3.932 billion

Guidance, 2024-05-22

GAAP and non-GAAP operating expenses are expected to be approximately $4.0 billion and $2.8 billion, respectively.

Outcome, 2024-08-28

table line as filed
Operating expenses $3,932 $3,497 $2,662 Up 12% Up 48%

Never referred to again.

gross margin GAAP, Q1 FY2025

guided 75.8% to 76.8%, reported 78.4%

Guidance, 2024-02-21

GAAP and non-GAAP gross margins are expected to be 76.3% and 77.0%, respectively, plus or minus 50 basis points.

Outcome, 2024-05-22

table line as filed
Gross margin 78.4 % 76.0 % 64.6 % Up 2.4 pts Up 13.8 pts

Never referred to again.

revenue, Q1 FY2025

guided $23.52 billion to $24.48 billion, reported $26.044 billion

Guidance, 2024-02-21

Revenue is expected to be $24.0 billion, plus or minus 2%.

Outcome, 2024-05-22

table line as filed
Revenue $26,044 $22,103 $7,192 Up 18% Up 262%

Never referred to again.

gross margin non-GAAP, Q1 FY2025

guided 76.5% to 77.5%, reported 78.9%

Guidance, 2024-02-21

GAAP and non-GAAP gross margins are expected to be 76.3% and 77.0%, respectively, plus or minus 50 basis points.

Outcome, 2024-05-22

table line as filed
Gross margin 78.9 % 76.7 % 66.8 % Up 2.2 pts Up 12.1 pts

Never referred to again.

gross margin non-GAAP, Q4 FY2024

guided 75% to 76%, reported 76.7%

Guidance, 2023-11-21

GAAP and non-GAAP gross margins are expected to be 74.5% and 75.5%, respectively, plus or minus 50 basis points.

Outcome, 2024-02-21

table line as filed
Gross margin 76.7 % 75.0 % 66.1 % Up 1.7 pts Up 10.6 pts

Never referred to again.

revenue, Q4 FY2024

guided $19.6 billion to $20.4 billion, reported $22.103 billion

Guidance, 2023-11-21

Revenue is expected to be $20.00 billion, plus or minus 2%.

Outcome, 2024-02-21

table line as filed
Revenue $22,103 $18,120 $6,051 Up 22% Up 265%

Never referred to again.

gross margin GAAP, Q4 FY2024

guided 74% to 75%, reported 76%

Guidance, 2023-11-21

GAAP and non-GAAP gross margins are expected to be 74.5% and 75.5%, respectively, plus or minus 50 basis points.

Outcome, 2024-02-21

table line as filed
Gross margin 76.0 % 74.0 % 63.3 % Up 2.0 pts Up 12.7 pts

Never referred to again.

gross margin non-GAAP, Q3 FY2024

guided 72% to 73%, reported 75%

Guidance, 2023-08-23

GAAP and non-GAAP gross margins are expected to be 71.5% and 72.5%, respectively, plus or minus 50 basis points.

Outcome, 2023-11-21

table line as filed
Gross margin 75.0 % 71.2 % 56.1 % Up 3.8 pts Up 18.9 pts

Never referred to again.

gross margin GAAP, Q3 FY2024

guided 71% to 72%, reported 74%

Guidance, 2023-08-23

GAAP and non-GAAP gross margins are expected to be 71.5% and 72.5%, respectively, plus or minus 50 basis points.

Outcome, 2023-11-21

table line as filed
Gross margin 74.0 % 70.1 % 53.6 % Up 3.9 pts Up 20.4 pts

Never referred to again.

revenue, Q3 FY2024

guided $15.68 billion to $16.32 billion, reported $18.12 billion

Guidance, 2023-08-23

Revenue is expected to be $16.00 billion, plus or minus 2%.

Outcome, 2023-11-21

table line as filed
Revenue $18,120 $13,507 $5,931 Up 34% Up 206%

Never referred to again.

operating expenses non-GAAP, Q2 FY2024

guided $1.9 billion, reported $1.838 billion

Guidance, 2023-05-24

GAAP and non-GAAP operating expenses are expected to be approximately $2.71 billion and $1.90 billion, respectively.

Outcome, 2023-08-23

table line as filed
Operating expenses $1,838 $1,750 $1,749 Up 5% Up 5%

Never referred to again.

revenue, Q2 FY2024

guided $10.78 billion to $11.22 billion, reported $13.507 billion

Guidance, 2023-05-24

Revenue is expected to be $11.00 billion, plus or minus 2%.

Outcome, 2023-08-23

table line as filed
Revenue $13,507 $7,192 $6,704 Up 88% Up 101%

Never referred to again.

gross margin GAAP, Q2 FY2024

guided 68.1% to 69.1%, reported 70.1%

Guidance, 2023-05-24

GAAP and non-GAAP gross margins are expected to be 68.6% and 70.0%, respectively, plus or minus 50 basis points.

Outcome, 2023-08-23

table line as filed
Gross margin 70.1 % 64.6 % 43.5 % Up 5.5 pts Up 26.6 pts

Never referred to again.

operating expenses GAAP, Q2 FY2024

guided $2.71 billion, reported $2.662 billion

Guidance, 2023-05-24

GAAP and non-GAAP operating expenses are expected to be approximately $2.71 billion and $1.90 billion, respectively.

Outcome, 2023-08-23

table line as filed
Operating expenses $2,662 $2,508 $2,416 Up 6% Up 10%

Never referred to again.

gross margin non-GAAP, Q2 FY2024

guided 69.5% to 70.5%, reported 71.2%

Guidance, 2023-05-24

GAAP and non-GAAP gross margins are expected to be 68.6% and 70.0%, respectively, plus or minus 50 basis points.

Outcome, 2023-08-23

table line as filed
Gross margin 71.2 % 66.8 % 45.9 % Up 4.4 pts Up 25.3 pts

Never referred to again.

revenue, Q1 FY2024

guided $6.37 billion to $6.63 billion, reported $7.19 billion

Guidance, 2023-02-22

Revenue is expected to be $6.50 billion, plus or minus 2%.

Outcome, 2023-05-24

Quarterly revenue of $7.19 billion, up 19% from previous quarter

Never referred to again.

operating expenses non-GAAP, Q1 FY2024

guided $1.78 billion, reported $1.75 billion

Guidance, 2023-02-22

GAAP and non-GAAP operating expenses are expected to be approximately $2.53 billion and $1.78 billion, respectively.

Outcome, 2023-05-24

table line as filed
Operating expenses $1,750 $1,775 $1,608 Down 1% Up 9%

Never referred to again.

operating expenses GAAP, Q1 FY2024

guided $2.53 billion, reported $2.508 billion

Guidance, 2023-02-22

GAAP and non-GAAP operating expenses are expected to be approximately $2.53 billion and $1.78 billion, respectively.

Outcome, 2023-05-24

table line as filed
Operating expenses $2,508 $2,576 $3,563 Down 3% Down 30%

Never referred to again.

operating expenses GAAP, Q3 FY2023

guided $2.59 billion, reported $2.576 billion

Guidance, 2022-08-24

GAAP and non-GAAP operating expenses are expected to be approximately $2.59 billion and $1.82 billion, respectively.

Outcome, 2022-11-16

table line as filed
Operating expenses $2,576 $2,416 $1,960 Up 7% Up 31%

Never referred to again.

operating expenses non-GAAP, Q3 FY2023

guided $1.82 billion, reported $1.793 billion

Guidance, 2022-08-24

GAAP and non-GAAP operating expenses are expected to be approximately $2.59 billion and $1.82 billion, respectively.

Outcome, 2022-11-16

table line as filed
Operating expenses $1,793 $1,749 $1,375 Up 3% Up 30%

Never referred to again.

operating expenses GAAP, Q2 FY2023

guided $2.46 billion, reported $2.416 billion

Guidance, 2022-05-25

GAAP and non-GAAP operating expenses are expected to be approximately $2.46 billion and $1.75 billion, respectively.

Outcome, 2022-08-08

GAAP operating expenses $2,416

Never referred to again.

tax rate, Q2 FY2023

guided 11.5% to 13.5%, reported -35%

Guidance, 2022-05-25

GAAP and non-GAAP tax rates are expected to be 12.5%, plus or minus 1%, excluding any discrete items.

Outcome, 2022-08-08

GAAP tax rate (benefit) (35%)

Never referred to again.

revenue, Q1 FY2023

guided $7.938 billion to $8.262 billion, reported $8.288 billion

Guidance, 2022-02-16

Revenue is expected to be $8.10 billion, plus or minus 2 percent.

Outcome, 2022-05-25

table line as filed
Revenue $8,288 $7,643 $5,661 Up 8% Up 46%

Never referred to again.

revenue, Q4 FY2022

guided $7.252 billion to $7.548 billion, reported $7.643 billion

Guidance, 2021-11-17

Revenue is expected to be $7.40 billion, plus or minus 2 percent.

Outcome, 2022-02-16

table line as filed
Revenue $7,643 $7,103 $5,003 Up 8% Up 53%

Never referred to again.

revenue, Q3 FY2022

guided $6.664 billion to $6.936 billion, reported $7.103 billion

Guidance, 2021-08-18

Revenue is expected to be $6.80 billion, plus or minus 2 percent.

Outcome, 2021-11-17

table line as filed
Revenue $7,103 $6,507 $4,726 Up 9% Up 50%

Never referred to again.

revenue, Q2 FY2022

guided $6.174 billion to $6.426 billion, reported $6.507 billion

Guidance, 2021-05-26

Revenue is expected to be $6.30 billion, plus or minus 2 percent.

Outcome, 2021-08-18

table line as filed
Revenue $6,507 $5,661 $3,866 Up 15% Up 68%

Never referred to again.

revenue, Q1 FY2022

guided $5.194 billion to $5.406 billion, reported $5.661 billion

Guidance, 2021-02-24

Revenue is expected to be $5.30 billion, plus or minus 2 percent.

Outcome, 2021-05-26

table line as filed
Revenue $5,661 $5,003 $3,080 Up 13% Up 84%

Never referred to again.

operating expenses non-GAAP, Q1 FY2022

guided $1.2 billion, reported $1.189 billion

Guidance, 2021-02-24

GAAP and non-GAAP operating expenses are expected to be approximately $1.67 billion and $1.20 billion, respectively.

Outcome, 2021-05-26

table line as filed
Operating expenses $1,189 $1,187 $821 -- Up 45%

Never referred to again.

revenue, Q4 FY2021

guided $4.704 billion to $4.896 billion, reported $5.003 billion

Guidance, 2020-11-18

Revenue is expected to be $4.80 billion, plus or minus 2 percent.

Outcome, 2021-02-24

table line as filed
Revenue $5,003 $4,726 $3,105 Up 6% Up 61%

Never referred to again.

revenue, Q3 FY2021

guided $4.312 billion to $4.488 billion, reported $4.726 billion

Guidance, 2020-08-19

Revenue is expected to be $4.40 billion, plus or minus 2 percent.

Outcome, 2020-11-18

table line as filed
Revenue $4,726 $3,866 $3,014 Up 22% Up 57%

Never referred to again.

revenue, Q2 FY2021

guided $3.577 billion to $3.723 billion, reported $3.866 billion

Guidance, 2020-05-21

Revenue is expected to be $3.65 billion, plus or minus 2 percent.

Outcome, 2020-08-19

table line as filed
Revenue $3,866 $3,080 $2,579 Up 26% Up 50%

Never referred to again.

operating expenses GAAP, Q1 FY2021

guided $1.05 billion, reported $1.028 billion

Guidance, 2020-02-13

GAAP and non-GAAP operating expenses are expected to be approximately $1.05 billion and $835 million, respectively.

Outcome, 2020-05-21

table line as filed
Operating expenses $1,028 $1,025 $938 -- Up 10%

Never referred to again.

revenue, Q1 FY2021

guided $2.94 billion to $3.06 billion, reported $3.08 billion

Guidance, 2020-02-13

Revenue is expected to be $3.00 billion, plus or minus 2 percent.

Outcome, 2020-05-21

Revenue of $3.08 billion, up 39 percent from a year earlier

Never referred to again.

operating expenses non-GAAP, Q1 FY2021

guided $835 million, reported $821 million

Guidance, 2020-02-13

GAAP and non-GAAP operating expenses are expected to be approximately $1.05 billion and $835 million, respectively.

Outcome, 2020-05-21

table line as filed
Operating expenses $821 $810 $753 Up 1% Up 9%

Never referred to again.

Salesforce, Inc.

Worse than guided (31), newest first

operating margin GAAP, FY2026

guided 20.3%, reported 20.1%

Guidance, 2025-12-03

Updates full year FY26 GAAP operating margin guidance to 20.3%, and maintains non-GAAP operating margin guidance of 34.1%

Outcome, 2026-02-25

FY26 GAAP operating margin of 20.1% and non-GAAP operating margin of 34.1%

Never referred to again.

operating margin GAAP, FY2026

guided 21.2%, reported 20.1%

Guidance, 2025-09-03

Updates full year FY26 GAAP operating margin guidance to 21.2%, and raises non-GAAP operating margin guidance to 34.1%

Outcome, 2026-02-25

FY26 GAAP operating margin of 20.1% and non-GAAP operating margin of 34.1%

Never referred to again.

operating margin GAAP, FY2026

guided 21.6%, reported 20.1%

Guidance, 2025-05-28

Maintains full year FY26 GAAP operating margin guidance of 21.6%, and non-GAAP operating margin guidance of 34.0%

Outcome, 2026-02-25

FY26 GAAP operating margin of 20.1% and non-GAAP operating margin of 34.1%

Never referred to again.

operating margin GAAP, FY2026

guided 21.6%, reported 20.1%

Guidance, 2025-02-26

Initiates GAAP operating margin guidance of 21.6% and non-GAAP operating margin guidance of 34.0%

Outcome, 2026-02-25

FY26 GAAP operating margin of 20.1% and non-GAAP operating margin of 34.1%

Never referred to again.

operating margin GAAP, FY2025

guided 19.8%, reported 19%

Guidance, 2024-12-03

Raises Full Year FY25 GAAP Operating Margin Guidance to 19.8% and Raises non-GAAP Operating Margin Guidance to 32.9%

Outcome, 2025-02-26

FY25 GAAP operating margin of 19.0% and non-GAAP operating margin of 33.0%

Never referred to again.

operating margin GAAP, FY2025

guided 19.7%, reported 19%

Guidance, 2024-08-28

Updates Full Year FY25 GAAP Operating Margin Guidance to 19.7% and Updates non-GAAP Operating Margin Guidance to 32.8%

Outcome, 2025-02-26

FY25 GAAP operating margin of 19.0% and non-GAAP operating margin of 33.0%

Never referred to again.

tax rate, Q3 FY2025

guided 24%, reported 24.5%

Guidance, 2024-08-28

(1) The Company's GAAP tax provision is expected to be approximately 24% for the three months ended October 31, 2024, and approximately 22.0% for the year ended January 31, 2025.

Outcome, 2024-12-03

During the three months ended October 31, 2024, losses on strategic investments impacted GAAP diluted net income per share by $(0.17) on a U.S. tax rate of 24.5% and non-GAAP diluted net income per share by $(0.18) on a non-GAAP tax rate of 22.0%.

Never referred to again.

operating margin GAAP, FY2025

guided 19.9%, reported 19%

Guidance, 2024-05-29

Lowers Full Year FY25 GAAP Operating Margin Guidance to 19.9% and Maintains non-GAAP Operating Margin Guidance of 32.5%

Outcome, 2025-02-26

FY25 GAAP operating margin of 19.0% and non-GAAP operating margin of 33.0%

Never referred to again.

operating margin GAAP, FY2025

guided 20.4%, reported 19%

Guidance, 2024-02-28

Initiates Full Year FY25 GAAP Operating Margin Guidance of 20.4% and non-GAAP Operating Margin Guidance of 32.5%

Outcome, 2025-02-26

FY25 GAAP operating margin of 19.0% and non-GAAP operating margin of 33.0%

Never referred to again.

operating margin GAAP, FY2024

guided 14.5%, reported 14.4%

Guidance, 2023-11-29

Raises Full Year FY24 GAAP Operating Margin Guidance to 14.5% and non-GAAP Operating Margin Guidance to 30.5%

Outcome, 2024-02-28

FY24 GAAP Operating Margin of 14.4% and non-GAAP Operating Margin of 30.5%

Never referred to again.

EPS GAAP, Q1 FY2024

guided $0.24 to $0.25, reported $0.2

Guidance, 2023-03-01

GAAP Earnings per Share(2) $0.24 - $0.25 $2.59 - $2.61

Outcome, 2023-05-31

First Quarter GAAP Diluted Earnings per Share ("EPS") of $0.20 and Non-GAAP Diluted EPS of $1.69

Never referred to again.

EPS GAAP, FY2023

guided $0.55 to $0.57, reported $0.21

Guidance, 2022-11-30

GAAP earnings per share(3) $0.23 - $0.25 $0.55 - $0.57

Outcome, 2023-03-01

Fiscal 2023 GAAP diluted EPS was $0.21, and non-GAAP diluted EPS was $5.24.

Never referred to again.

EPS GAAP, Q4 FY2023

guided $0.23 to $0.25, reported $-0.1

Guidance, 2022-11-30

GAAP earnings per share(3) $0.23 - $0.25 $0.55 - $0.57

Outcome, 2023-03-01

Fourth Quarter GAAP Diluted Loss per Share of $(0.10) and Non-GAAP Diluted Earnings per Share ("EPS") of $1.68

Never referred to again.

operating margin GAAP, FY2023

guided 3.8%, reported 3.3%

Guidance, 2022-11-30

Full Year FY23 GAAP Operating Margin Guidance of ~3.8% and Non-GAAP Operating Margin Guidance of ~20.7%

Outcome, 2023-03-01

FY23 GAAP Operating Margin of 3.3% and Non-GAAP Operating Margin of 22.5%

Never referred to again.

operating margin GAAP, FY2023

guided 3.6%, reported 3.3%

Guidance, 2022-08-24

Full Year FY23 GAAP Operating Margin Guidance of ~3.6% and Non-GAAP Operating Margin Guidance of ~20.4%

Outcome, 2023-03-01

FY23 GAAP Operating Margin of 3.3% and Non-GAAP Operating Margin of 22.5%

Never referred to again.

EPS GAAP, FY2023

guided $0.38 to $0.4, reported $0.21

Guidance, 2022-08-24

GAAP earnings per share(3) $0.09 - $0.10 $0.38 - $0.40

Outcome, 2023-03-01

Fiscal 2023 GAAP diluted EPS was $0.21, and non-GAAP diluted EPS was $5.24.

Never referred to again.

EPS GAAP, FY2023

guided $0.38 to $0.4, reported $0.21

Guidance, 2022-05-31

GAAP earnings (loss) per share ($0.03) - ($0.02) $0.38 - $0.40

Outcome, 2023-03-01

Fiscal 2023 GAAP diluted EPS was $0.21, and non-GAAP diluted EPS was $5.24.

Never referred to again.

revenue, FY2023

guided $31.7 billion to $31.8 billion, reported $31.4 billion

Guidance, 2022-05-31

Updates Full Year FY23 Revenue Guidance to $31.7 Billion to $31.8 Billion, up ~20% Year-Over-Year

Outcome, 2023-03-01

FY23 Revenue of $31.4 Billion, up 18% Y/Y, up 22% CC

Never referred to again.

operating margin GAAP, FY2023

guided 3.8%, reported 3.3%

Guidance, 2022-05-31

Raises FY23 GAAP Operating Margin Guidance to ~3.8% and Non-GAAP Operating Margin Guidance to ~20.4%

Outcome, 2023-03-01

FY23 GAAP Operating Margin of 3.3% and Non-GAAP Operating Margin of 22.5%

Never referred to again.

operating margin GAAP, FY2023

guided 3.6%, reported 3.3%

Guidance, 2022-03-01

Raises FY23 GAAP Operating Margin Guidance to Approximately 3.6% and Reiterates Non-GAAP Operating Margin Guidance of Approximately 20%

Outcome, 2023-03-01

FY23 GAAP Operating Margin of 3.3% and Non-GAAP Operating Margin of 22.5%

Never referred to again.

EPS GAAP, FY2023

guided $0.46 to $0.48, reported $0.21

Guidance, 2022-03-01

GAAP earnings (loss) per share ($0.05) - ($0.04) $0.46 - $0.48

Outcome, 2023-03-01

Fiscal 2023 GAAP diluted EPS was $0.21, and non-GAAP diluted EPS was $5.24.

Never referred to again.

revenue, FY2023

guided $32 billion to $32.1 billion, reported $31.4 billion

Guidance, 2022-03-01

Raises FY23 Revenue Guidance to $32.0 Billion to $32.1 Billion

Outcome, 2023-03-01

FY23 Revenue of $31.4 Billion, up 18% Y/Y, up 22% CC

Never referred to again.

revenue, FY2023

guided $31.7 billion to $31.8 billion, reported $31.4 billion

Guidance, 2021-11-30

Reiterates FY23 Revenue Guidance of $31.7 Billion to $31.8 Billion

Outcome, 2023-03-01

FY23 Revenue of $31.4 Billion, up 18% Y/Y, up 22% CC

Never referred to again.

revenue, FY2023

guided $31.65 billion to $31.8 billion, reported $31.4 billion

Guidance, 2021-09-24

guide of $31.65B to $31.8B and FY23 non-GAAP operating margin guidance as of September 23, 2021.

Outcome, 2023-03-01

FY23 Revenue of $31.4 Billion, up 18% Y/Y, up 22% CC

Never referred to again.

revenue, FY2023

guided $31.65 billion to $31.8 billion, reported $31.4 billion

Guidance, 2021-09-23

Initiates FY23 revenue guidance of $31.65 billion to $31.80 billion.

Outcome, 2023-03-01

FY23 Revenue of $31.4 Billion, up 18% Y/Y, up 22% CC

Never referred to again.

EPS GAAP, Q1 FY2022

guided $0.56 to $0.57, reported $0.5

Guidance, 2021-02-25

GAAP earnings (loss) per share $0.56 - $0.57 ($0.44) - ($0.42)

Outcome, 2021-05-27

Earnings per Share: First quarter GAAP diluted earnings per share was $0.50, and non-GAAP diluted earnings per share was $1.21.

Never referred to again.

revenue, Q1 FY2021

guided $4.875 billion to $4.885 billion, reported $4.87 billion

Guidance, 2020-02-25

Raises Q1 FY21 Revenue Guidance to $4.875 Billion to $4.885 Billion, up Approximately 30% to 31% Year-Over-Year

Outcome, 2020-05-28

First Quarter Revenue of $4.87 Billion, up 30% Year-Over-Year, 31% in Constant Currency

Never referred to again.

EPS GAAP, FY2020

guided $0.44 to $0.45, reported $0.15

Guidance, 2019-12-03

GAAP (loss) earnings per share ($0.04) - ($0.03) $0.44 -$0.45 N/A N/A

Outcome, 2020-02-25

Fiscal 2020 GAAP earnings per share was $0.15, and non-GAAP diluted earnings per share was $2.99.

Never referred to again.

EPS GAAP, Q4 FY2020

guided $-0.04 to $-0.03, reported $-0.28

Guidance, 2019-12-03

GAAP (loss) earnings per share ($0.04) - ($0.03) $0.44 -$0.45 N/A N/A

Outcome, 2020-02-25

Fourth quarter GAAP loss per share was $(0.28), and non-GAAP diluted earnings per share was $0.66.

Never referred to again.

EPS GAAP, FY2020

guided $0.28 to $0.3, reported $0.15

Guidance, 2019-08-22

GAAP (loss) earnings per share ($0.21) - ($0.20) $0.28 - $0.30

Outcome, 2020-02-25

Fiscal 2020 GAAP earnings per share was $0.15, and non-GAAP diluted earnings per share was $2.99.

Never referred to again.

EPS GAAP, FY2020

guided $0.66 to $0.68, reported $0.15

Guidance, 2019-03-04

GAAP EPS $0.10 - $0.11 $0.66 - $0.68

Outcome, 2020-02-25

Fiscal 2020 GAAP earnings per share was $0.15, and non-GAAP diluted earnings per share was $2.99.

Never referred to again.

Better than guided (137)

revenue, Q1 FY2027

guided $11.03 billion to $11.08 billion, reported $11.1 billion

Guidance, 2026-02-25

Revenue $11.03 - $11.08 billion

Outcome, 2026-05-27

First quarter revenue of $11.1 billion, up 13% Y/Y and 12% in CC, including $444 million Informatica contribution

Never referred to again.

EPS GAAP, Q1 FY2027

guided $1.77 to $1.79, reported $2.42

Guidance, 2026-02-25

Diluted net income per share $1.77 - $1.79 $3.11 - $3.13

Outcome, 2026-05-27

GAAP EPS $2.42, up 52% Y/Y, Non-GAAP EPS $3.88, up 50% Y/Y

Never referred to again.

revenue, FY2026

guided $41.1 billion to $41.3 billion, reported $41.5 billion

Guidance, 2025-09-03

Raises low end of full year FY26 revenue guidance to $41.1 billion to $41.3 billion, up 8.5% - 9% Y/Y and 8% in CC

Outcome, 2026-02-25

FY26 revenue of $41.5 billion, up 10% Y/Y and 9% in CC, including $399 million Informatica contribution

Never referred to again.

revenue, Q3 FY2026

guided $10.24 billion to $10.29 billion, reported $10.3 billion

Guidance, 2025-09-03

Initiates third quarter FY26 revenue guidance of $10.24 billion to $10.29 billion, up 8% - 9% Y/Y and 8% in CC

Outcome, 2025-12-03

Third quarter revenue of $10.3 billion, up 9% Y/Y and 8% in CC

Never referred to again.

revenue, Q2 FY2026

guided $10.11 billion to $10.16 billion, reported $10.2 billion

Guidance, 2025-05-28

Initiates second quarter FY26 revenue guidance of $10.11 billion to $10.16 billion, up 8% - 9% Y/Y and 7% - 8% in CC

Outcome, 2025-09-03

Second quarter revenue of $10.2 billion, up 10% year-over-year ("Y/Y") and 9% in constant currency ("CC")

Never referred to again.

revenue, FY2026

guided $41 billion to $41.3 billion, reported $41.5 billion

Guidance, 2025-05-28

Raises full year FY26 revenue guidance to $41.0 billion to $41.3 billion, up 8% - 9% Y/Y and 8% in CC

Outcome, 2026-02-25

FY26 revenue of $41.5 billion, up 10% Y/Y and 9% in CC, including $399 million Informatica contribution

Never referred to again.

revenue, Q1 FY2026

guided $9.71 billion to $9.76 billion, reported $9.8 billion

Guidance, 2025-02-26

Total revenue $9.71 - $9.76 billion $40.5 - $40.9 billion

Outcome, 2025-05-28

First quarter revenue of $9.8 billion, up 8% both year-over-year ("Y/Y") and in constant currency ("CC")

Never referred to again.

revenue, FY2026

guided $40.5 billion to $40.9 billion, reported $41.5 billion

Guidance, 2025-02-26

Initiates revenue guidance of $40.5 billion to $40.9 billion, up 7% - 8% both Y/Y & in CC

Outcome, 2026-02-25

FY26 revenue of $41.5 billion, up 10% Y/Y and 9% in CC, including $399 million Informatica contribution

Never referred to again.

revenue, Q3 FY2025

guided $9.31 billion to $9.36 billion, reported $9.44 billion

Guidance, 2024-08-28

Initiates Third Quarter FY25 Revenue Guidance of $9.31 Billion to $9.36 Billion, up 7% Y/Y

Outcome, 2024-12-03

Third Quarter Revenue of $9.44 Billion, up 8% both Year-Over-Year ("Y/Y") & in Constant Currency ("CC"), inclusive of Subscription & Support Revenue of $8.88 Billion, up 9% both Y/Y & in CC

Never referred to again.

operating margin non-GAAP, FY2025

guided 32.8%, reported 33%

Guidance, 2024-08-28

Updates Full Year FY25 GAAP Operating Margin Guidance to 19.7% and Updates non-GAAP Operating Margin Guidance to 32.8%

Outcome, 2025-02-26

FY25 GAAP operating margin of 19.0% and non-GAAP operating margin of 33.0%

Acknowledged 2025-09-03: ““We exceeded all our financial targets while achieving our tenth consecutive quarter of operating margin expansion, delivering strong returns and maximizing value for our customers and shareholders.””

revenue, Q2 FY2025

guided $9.2 billion to $9.25 billion, reported $9.33 billion

Guidance, 2024-05-29

Initiates Second Quarter FY25 Revenue Guidance of $9.20 Billion to $9.25 Billion, up 7% - 8% Y/Y

Outcome, 2024-08-28

Second Quarter Revenue of $9.33 Billion, up 8% Year-Over-Year ("Y/Y"), up 9% in Constant Currency ("CC"), inclusive of Subscription & Support Revenue of $8.76 Billion, up 9% Y/Y, up 10% Y/Y in CC

Never referred to again.

revenue, FY2024

guided $34.75 billion to $34.8 billion, reported $34.9 billion

Guidance, 2023-11-29

Narrows Full Year FY24 Revenue Guidance to $34.75 Billion to $34.8 Billion, up 11% Y/Y

Outcome, 2024-02-28

FY24 Revenue of $34.9 Billion, up 11% Y/Y, up 11% CC

Never referred to again.

EPS GAAP, Q4 FY2024

guided $1.26 to $1.27, reported $1.47

Guidance, 2023-11-29

GAAP Diluted Earnings per Share(2) $1.26 - $1.27 $3.99 - $4.00

Outcome, 2024-02-28

Earnings per Share: Fourth quarter GAAP diluted EPS was $1.47 and non-GAAP diluted EPS was $2.29.

Never referred to again.

revenue, Q4 FY2024

guided $9.18 billion to $9.23 billion, reported $9.29 billion

Guidance, 2023-11-29

Initiates Fourth Quarter FY24 Revenue Guidance of $9.18 Billion to $9.23 Billion, up 10% Y/Y

Outcome, 2024-02-28

Fourth Quarter Revenue of $9.29 Billion, up 11% Year-Over-Year ("Y/Y"), up 10% in Constant Currency ("CC")

Never referred to again.

EPS non-GAAP, FY2024

guided $8.18 to $8.19, reported $8.22

Guidance, 2023-11-29

Non-GAAP Diluted Earnings per Share(2) $2.25 - $2.26 $8.18 - $8.19

Outcome, 2024-02-28

Fiscal 2024 GAAP diluted EPS was $4.20 and non-GAAP diluted EPS was $8.22.

Never referred to again.

EPS non-GAAP, Q4 FY2024

guided $2.25 to $2.26, reported $2.29

Guidance, 2023-11-29

Non-GAAP Diluted Earnings per Share(2) $2.25 - $2.26 $8.18 - $8.19

Outcome, 2024-02-28

Earnings per Share: Fourth quarter GAAP diluted EPS was $1.47 and non-GAAP diluted EPS was $2.29.

Never referred to again.

EPS GAAP, FY2024

guided $3.99 to $4, reported $4.2

Guidance, 2023-11-29

GAAP Diluted Earnings per Share(2) $1.26 - $1.27 $3.99 - $4.00

Outcome, 2024-02-28

Fiscal 2024 GAAP diluted EPS was $4.20 and non-GAAP diluted EPS was $8.22.

Never referred to again.

EPS GAAP, Q3 FY2024

guided $1.02 to $1.03, reported $1.25

Guidance, 2023-08-30

GAAP Diluted Earnings per Share(2) $1.02 - $1.03 $3.50 - $3.52

Outcome, 2023-11-29

Third Quarter GAAP Diluted Earnings per Share ("EPS") of $1.25 and non-GAAP Diluted EPS of $2.11

Never referred to again.

EPS non-GAAP, Q3 FY2024

guided $2.05 to $2.06, reported $2.11

Guidance, 2023-08-30

Non-GAAP Diluted Earnings per Share(2) $2.05 - $2.06 $8.04 - $8.06

Outcome, 2023-11-29

Third Quarter GAAP Diluted Earnings per Share ("EPS") of $1.25 and non-GAAP Diluted EPS of $2.11

Never referred to again.

revenue, FY2024

guided $34.7 billion to $34.8 billion, reported $34.9 billion

Guidance, 2023-08-30

Raises Full Year FY24 Revenue Guidance to $34.7 Billion to $34.8 Billion, up ~11% Y/Y

Outcome, 2024-02-28

FY24 Revenue of $34.9 Billion, up 11% Y/Y, up 11% CC

Never referred to again.

EPS GAAP, FY2024

guided $3.5 to $3.52, reported $4.2

Guidance, 2023-08-30

GAAP Diluted Earnings per Share(2) $1.02 - $1.03 $3.50 - $3.52

Outcome, 2024-02-28

Fiscal 2024 GAAP diluted EPS was $4.20 and non-GAAP diluted EPS was $8.22.

Never referred to again.

operating margin non-GAAP, FY2024

guided 30%, reported 30.5%

Guidance, 2023-08-30

Raises Full Year FY24 GAAP Operating Margin Guidance to ~13.3% and Non-GAAP Operating Margin Guidance to ~30.0%

Outcome, 2024-02-28

FY24 GAAP Operating Margin of 14.4% and non-GAAP Operating Margin of 30.5%

Never referred to again.

operating margin GAAP, FY2024

guided 13.3%, reported 14.4%

Guidance, 2023-08-30

Raises Full Year FY24 GAAP Operating Margin Guidance to ~13.3% and Non-GAAP Operating Margin Guidance to ~30.0%

Outcome, 2024-02-28

FY24 GAAP Operating Margin of 14.4% and non-GAAP Operating Margin of 30.5%

Never referred to again.

EPS non-GAAP, FY2024

guided $8.04 to $8.06, reported $8.22

Guidance, 2023-08-30

Non-GAAP Diluted Earnings per Share(2) $2.05 - $2.06 $8.04 - $8.06

Outcome, 2024-02-28

Fiscal 2024 GAAP diluted EPS was $4.20 and non-GAAP diluted EPS was $8.22.

Never referred to again.

revenue, Q2 FY2024

guided $8.51 billion to $8.53 billion, reported $8.6 billion

Guidance, 2023-05-31

Initiates Second Quarter FY24 Revenue Guidance of $8.51 Billion to $8.53 Billion, up ~10% Y/Y

Outcome, 2023-08-30

Second Quarter Revenue of $8.60 Billion, up 11% Year-Over-Year ("Y/Y"), up 11% in Constant Currency ("CC")

Never referred to again.

operating margin non-GAAP, FY2024

guided 28%, reported 30.5%

Guidance, 2023-05-31

Raises Full Year FY24 GAAP Operating Margin Guidance to ~11.4% and Non-GAAP Operating Margin Guidance to ~28.0%

Outcome, 2024-02-28

Fiscal 2024 non-GAAP operating margin was 30.5%.

Never referred to again.

revenue, FY2024

guided $34.5 billion to $34.7 billion, reported $34.9 billion

Guidance, 2023-05-31

Reiterates Full Year FY24 Revenue Guidance of $34.5 Billion to $34.7 Billion, up ~10% Y/Y

Outcome, 2024-02-28

FY24 Revenue of $34.9 Billion, up 11% Y/Y, up 11% CC

Never referred to again.

EPS GAAP, FY2024

guided $2.67 to $2.69, reported $4.2

Guidance, 2023-05-31

GAAP Earnings per Share(2) $0.79 - $0.80 $2.67 - $2.69

Outcome, 2024-02-28

Fiscal 2024 GAAP diluted EPS was $4.20 and non-GAAP diluted EPS was $8.22.

Never referred to again.

EPS GAAP, Q2 FY2024

guided $0.79 to $0.8, reported $1.28

Guidance, 2023-05-31

GAAP Earnings per Share(2) $0.79 - $0.80 $2.67 - $2.69

Outcome, 2023-08-30

Second Quarter GAAP Diluted Earnings per Share ("EPS") of $1.28 and Non-GAAP Diluted EPS of $2.12

Never referred to again.

EPS non-GAAP, FY2024

guided $7.41 to $7.43, reported $8.22

Guidance, 2023-05-31

Non-GAAP Earnings per Share(2) $1.89 - $1.90 $7.41 - $7.43

Outcome, 2024-02-28

Fiscal 2024 GAAP diluted EPS was $4.20 and non-GAAP diluted EPS was $8.22.

Never referred to again.

operating margin GAAP, FY2024

guided 11.4%, reported 14.4%

Guidance, 2023-05-31

Raises Full Year FY24 GAAP Operating Margin Guidance to ~11.4% and Non-GAAP Operating Margin Guidance to ~28.0%

Outcome, 2024-02-28

FY24 GAAP Operating Margin of 14.4% and non-GAAP Operating Margin of 30.5%

Never referred to again.

EPS non-GAAP, Q2 FY2024

guided $1.89 to $1.9, reported $2.12

Guidance, 2023-05-31

Non-GAAP Earnings per Share(2) $1.89 - $1.90 $7.41 - $7.43

Outcome, 2023-08-30

Second Quarter GAAP Diluted Earnings per Share ("EPS") of $1.28 and Non-GAAP Diluted EPS of $2.12

Never referred to again.

revenue, FY2024

guided $34.5 billion to $34.7 billion, reported $34.9 billion

Guidance, 2023-03-01

Full Year FY24 Revenue Guidance of $34.5 Billion to $34.7 Billion, up ~10% Y/Y

Outcome, 2024-02-28

FY24 Revenue of $34.9 Billion, up 11% Y/Y, up 11% CC

Never referred to again.

operating margin GAAP, FY2024

guided 10.8%, reported 14.4%

Guidance, 2023-03-01

Full Year FY24 GAAP Operating Margin Guidance of ~10.8% and Non-GAAP Operating Margin Guidance of ~27.0%

Outcome, 2024-02-28

FY24 GAAP Operating Margin of 14.4% and non-GAAP Operating Margin of 30.5%

Never referred to again.

operating margin non-GAAP, FY2024

guided 27%, reported 30.5%

Guidance, 2023-03-01

Full Year FY24 GAAP Operating Margin Guidance of ~10.8% and Non-GAAP Operating Margin Guidance of ~27.0%

Outcome, 2024-02-28

Fiscal 2024 non-GAAP operating margin was 30.5%.

Never referred to again.

EPS non-GAAP, Q1 FY2024

guided $1.6 to $1.61, reported $1.69

Guidance, 2023-03-01

Non-GAAP Earnings per Share(2) $1.60 - $1.61 $7.12 - $7.14

Outcome, 2023-05-31

First Quarter GAAP Diluted Earnings per Share ("EPS") of $0.20 and Non-GAAP Diluted EPS of $1.69

Never referred to again.

EPS non-GAAP, FY2024

guided $7.12 to $7.14, reported $8.22

Guidance, 2023-03-01

Non-GAAP Earnings per Share(2) $1.60 - $1.61 $7.12 - $7.14

Outcome, 2024-02-28

Fiscal 2024 GAAP diluted EPS was $4.20 and non-GAAP diluted EPS was $8.22.

Never referred to again.

EPS GAAP, FY2024

guided $2.59 to $2.61, reported $4.2

Guidance, 2023-03-01

GAAP Earnings per Share(2) $0.24 - $0.25 $2.59 - $2.61

Outcome, 2024-02-28

Fiscal 2024 GAAP diluted EPS was $4.20 and non-GAAP diluted EPS was $8.22.

Never referred to again.

revenue, Q1 FY2024

guided $8.16 billion to $8.18 billion, reported $8.25 billion

Guidance, 2023-03-01

Revenue $8.16 - $8.18 Billion $34.5 - $34.7 Billion

Outcome, 2023-05-31

First Quarter Revenue of $8.25 Billion, up 11% Year-Over-Year ("Y/Y"), up 13% Constant Currency ("CC")

Never referred to again.

EPS non-GAAP, FY2023

guided $4.92 to $4.94, reported $5.24

Guidance, 2022-11-30

Non-GAAP earnings per share(3) $1.35 - $1.37 $4.92 - $4.94

Outcome, 2023-03-01

Fiscal 2023 GAAP diluted EPS was $0.21, and non-GAAP diluted EPS was $5.24.

Never referred to again.

revenue, FY2023

guided $30.9 billion to $31 billion, reported $31.4 billion

Guidance, 2022-11-30

Full Year FY23 Revenue Guidance of $30.9 Billion to $31.0 Billion, up 17% Y/Y, 20% CC

Outcome, 2023-03-01

FY23 Revenue of $31.4 Billion, up 18% Y/Y, up 22% CC

Never referred to again.

EPS non-GAAP, Q4 FY2023

guided $1.35 to $1.37, reported $1.68

Guidance, 2022-11-30

Non-GAAP earnings per share(3) $1.35 - $1.37 $4.92 - $4.94

Outcome, 2023-03-01

Fourth Quarter GAAP Diluted Loss per Share of $(0.10) and Non-GAAP Diluted Earnings per Share ("EPS") of $1.68

Never referred to again.

revenue, Q4 FY2023

guided $7.932 billion to $8.032 billion, reported $8.38 billion

Guidance, 2022-11-30

Fourth Quarter FY23 Revenue Guidance of $7.932 Billion to $8.032 Billion, up 8% to 10% Y/Y, 12% to 13% CC

Outcome, 2023-03-01

Fourth Quarter Revenue of $8.38 Billion, up 14% Year-Over-Year ("Y/Y"), up 17% Constant Currency ("CC")

Never referred to again.

operating margin non-GAAP, FY2023

guided 20.7%, reported 22.5%

Guidance, 2022-11-30

Full Year FY23 GAAP Operating Margin Guidance of ~3.8% and Non-GAAP Operating Margin Guidance of ~20.7%

Outcome, 2023-03-01

Fiscal 2023 non-GAAP operating margin was 22.5%.

Never referred to again.

revenue, FY2023

guided $30.9 billion to $31 billion, reported $31.4 billion

Guidance, 2022-09-21

Path to $50B Long-term secular trends continue, offset by near-term macro & FX $8.4B FY17$6.7B FY16$5.4B FY15$4.1B FY14$3.1B FY13 $13.3B FY19 $10.5B FY18 $17.1B FY20 $21.3B FY21 $26.5B FY22 *High end of FY23 revenue guide of $30.9B to $31.0B. Long range target for FY26 inclusive of long range target for Slack for FY26.

Outcome, 2023-03-01

FY23 Revenue of $31.4 Billion, up 18% Y/Y, up 22% CC

Never referred to again.

revenue, Q3 FY2023

guided $7.82 billion to $7.83 billion, reported $7.84 billion

Guidance, 2022-08-24

Third Quarter FY23 Revenue Guidance of $7.82 Billion to $7.83 Billion, up ~14% Y/Y, 18% CC

Outcome, 2022-11-30

Revenue of $7.84 Billion, up 14% Y/Y, up 19% Constant Currency ("CC")

Never referred to again.

EPS GAAP, Q3 FY2023

guided $0.09 to $0.1, reported $0.21

Guidance, 2022-08-24

GAAP earnings per share(3) $0.09 - $0.10 $0.38 - $0.40

Outcome, 2022-11-30

GAAP Earnings per Share ("EPS") of $0.21 and Non-GAAP EPS of $1.40

Never referred to again.

EPS non-GAAP, FY2023

guided $4.71 to $4.73, reported $5.24

Guidance, 2022-08-24

Non-GAAP earnings per share(3) $1.20 - $1.21 $4.71 - $4.73

Outcome, 2023-03-01

Fiscal 2023 GAAP diluted EPS was $0.21, and non-GAAP diluted EPS was $5.24.

Never referred to again.

EPS non-GAAP, Q3 FY2023

guided $1.2 to $1.21, reported $1.4

Guidance, 2022-08-24

Non-GAAP earnings per share(3) $1.20 - $1.21 $4.71 - $4.73

Outcome, 2022-11-30

GAAP Earnings per Share ("EPS") of $0.21 and Non-GAAP EPS of $1.40

Never referred to again.

operating margin non-GAAP, FY2023

guided 20.4%, reported 22.5%

Guidance, 2022-08-24

Full Year FY23 GAAP Operating Margin Guidance of ~3.6% and Non-GAAP Operating Margin Guidance of ~20.4%

Outcome, 2023-03-01

Fiscal 2023 non-GAAP operating margin was 22.5%.

Never referred to again.

revenue, FY2023

guided $30.9 billion to $31 billion, reported $31.4 billion

Guidance, 2022-08-24

Full Year FY23 Revenue Guidance of $30.9 Billion to $31.0 Billion, up ~17% Y/Y, 20% in CC

Outcome, 2023-03-01

FY23 Revenue of $31.4 Billion, up 18% Y/Y, up 22% CC

Never referred to again.

EPS non-GAAP, Q2 FY2023

guided $1.01 to $1.02, reported $1.19

Guidance, 2022-05-31

Non-GAAP earnings per share $1.01 - $1.02 $4.74 - $4.76

Outcome, 2022-08-24

GAAP Earnings per Share ("EPS") of $0.07 and Non-GAAP EPS of $1.19

Never referred to again.

revenue, Q2 FY2023

guided $7.69 billion to $7.7 billion, reported $7.72 billion

Guidance, 2022-05-31

Initiates Second Quarter FY23 Revenue Guidance of $7.69 Billion to $7.70 Billion, up ~21% Year-Over-Year

Outcome, 2022-08-24

Revenue of $7.72 Billion, up 22% Y/Y, 26% Constant Currency ("CC")

Never referred to again.

EPS non-GAAP, FY2023

guided $4.74 to $4.76, reported $5.24

Guidance, 2022-05-31

Non-GAAP earnings per share $1.01 - $1.02 $4.74 - $4.76

Outcome, 2023-03-01

Fiscal 2023 GAAP diluted EPS was $0.21, and non-GAAP diluted EPS was $5.24.

Never referred to again.

EPS GAAP, Q2 FY2023

guided $-0.03 to $-0.02, reported $0.07

Guidance, 2022-05-31

GAAP earnings (loss) per share ($0.03) - ($0.02) $0.38 - $0.40

Outcome, 2022-08-24

GAAP Earnings per Share ("EPS") of $0.07 and Non-GAAP EPS of $1.19

Never referred to again.

operating margin non-GAAP, FY2023

guided 20.4%, reported 22.5%

Guidance, 2022-05-31

Raises FY23 GAAP Operating Margin Guidance to ~3.8% and Non-GAAP Operating Margin Guidance to ~20.4%

Outcome, 2023-03-01

Fiscal 2023 non-GAAP operating margin was 22.5%.

Never referred to again.

revenue, Q1 FY2023

guided $7.37 billion to $7.38 billion, reported $7.41 billion

Guidance, 2022-03-01

Raises First Quarter FY23 Revenue Guidance to $7.37 Billion to $7.38 Billion, up Approximately 24% Year-Over-Year

Outcome, 2022-05-31

First Quarter Revenue of $7.41 Billion, up 24% Year-Over-Year, 26% in Constant Currency

Never referred to again.

operating margin non-GAAP, FY2023

guided 20%, reported 22.5%

Guidance, 2022-03-01

Raises FY23 GAAP Operating Margin Guidance to Approximately 3.6% and Reiterates Non-GAAP Operating Margin Guidance of Approximately 20%

Outcome, 2023-03-01

Fiscal 2023 non-GAAP operating margin was 22.5%.

Never referred to again.

EPS non-GAAP, FY2023

guided $4.62 to $4.64, reported $5.24

Guidance, 2022-03-01

Non-GAAP earnings per share $0.93 - $0.94 $4.62 - $4.64

Outcome, 2023-03-01

Fiscal 2023 GAAP diluted EPS was $0.21, and non-GAAP diluted EPS was $5.24.

Never referred to again.

EPS non-GAAP, Q1 FY2023

guided $0.93 to $0.94, reported $0.98

Guidance, 2022-03-01

Non-GAAP earnings per share $0.93 - $0.94 $4.62 - $4.64

Outcome, 2022-05-31

Earnings per Share: First quarter GAAP diluted earnings per share was $0.03, and non-GAAP diluted earnings per share was $0.98.

Never referred to again.

EPS GAAP, Q1 FY2023

guided $-0.05 to $-0.04, reported $0.03

Guidance, 2022-03-01

GAAP earnings (loss) per share ($0.05) - ($0.04) $0.46 - $0.48

Outcome, 2022-05-31

Earnings per Share: First quarter GAAP diluted earnings per share was $0.03, and non-GAAP diluted earnings per share was $0.98.

Never referred to again.

tax rate, Q1 FY2023

guided 40%, reported 25%

Guidance, 2022-03-01

(1)The Company's GAAP tax provision is expected to be approximately 40% for the three months ended April 30, 2022, and approximately 40% for the year ended January 31, 2023.

Outcome, 2022-05-31

diluted earnings per share by $0.01 based on a U.S. tax rate of 25% and non-GAAP diluted earnings per share by $0.01 based on a non-GAAP tax rate of 22%.

Never referred to again.

operating margin non-GAAP, FY2022

guided 18.6%, reported 18.7%

Guidance, 2021-11-30

Raises FY22 GAAP Operating Margin Guidance to Approximately 1.8% and Non-GAAP Operating Margin Guidance to Approximately 18.6%

Outcome, 2022-03-01

Fiscal 2022 non-GAAP operating margin was 18.7%.

Never referred to again.

EPS GAAP, Q4 FY2022

guided $-0.24 to $-0.23, reported $-0.03

Guidance, 2021-11-30

GAAP earnings (loss) per share ($0.24) - ($0.23) $1.28 - $1.29 N/A N/A

Outcome, 2022-03-01

Earnings per Share: Fourth quarter GAAP diluted loss per share was $(0.03), and non-GAAP diluted earnings per share was $0.84.

Never referred to again.

revenue, Q4 FY2022

guided $7.224 billion to $7.234 billion, reported $7.33 billion

Guidance, 2021-11-30

Initiates Fourth Quarter FY22 Revenue Guidance of $7.224 Billion to $7.234 Billion, up Approximately 24% Year-Over-Year

Outcome, 2022-03-01

Fourth Quarter Revenue of $7.33 Billion, up 26% Year-Over-Year, 27% in Constant Currency

Never referred to again.

operating margin GAAP, FY2022

guided 1.8%, reported 2.1%

Guidance, 2021-11-30

Raises FY22 GAAP Operating Margin Guidance to Approximately 1.8% and Non-GAAP Operating Margin Guidance to Approximately 18.6%

Outcome, 2022-03-01

Fiscal 2022 GAAP operating margin was 2.1%.

Never referred to again.

operating margin non-GAAP, FY2023

guided 20%, reported 22.5%

Guidance, 2021-11-30

Reiterates FY23 GAAP Operating Margin Guidance of Approximately 3.0% to 3.5% and Non-GAAP Operating Margin of Approximately 20%

Outcome, 2023-03-01

Fiscal 2023 non-GAAP operating margin was 22.5%.

Never referred to again.

EPS non-GAAP, FY2022

guided $4.68 to $4.69, reported $4.78

Guidance, 2021-11-30

Non-GAAP earnings per share $0.72 - $0.73 $4.68 - $4.69 N/A N/A

Outcome, 2022-03-01

Fiscal 2022 GAAP diluted earnings per share was $1.48, and non-GAAP diluted earnings per share was $4.78.

Never referred to again.

EPS non-GAAP, Q4 FY2022

guided $0.72 to $0.73, reported $0.84

Guidance, 2021-11-30

Non-GAAP earnings per share $0.72 - $0.73 $4.68 - $4.69 N/A N/A

Outcome, 2022-03-01

Earnings per Share: Fourth quarter GAAP diluted loss per share was $(0.03), and non-GAAP diluted earnings per share was $0.84.

Never referred to again.

revenue, FY2022

guided $26.39 billion to $26.4 billion, reported $26.49 billion

Guidance, 2021-11-30

Raises FY22 Revenue Guidance to $26.39 Billion to $26.40 Billion, up Approximately 24% Year-Over-Year

Outcome, 2022-03-01

FY22 Revenue of $26.49 Billion, up 25% Year-Over-Year, 24% in Constant Currency

Never referred to again.

revenue, Q1 FY2023

guided $7.215 billion to $7.25 billion, reported $7.41 billion

Guidance, 2021-11-30

Initiates First Quarter FY23 Revenue Guidance of $7.215 Billion to $7.250 Billion, up Approximately 21% to 22% Year-Over-Year

Outcome, 2022-05-31

First Quarter Revenue of $7.41 Billion, up 24% Year-Over-Year, 26% in Constant Currency

Never referred to again.

EPS GAAP, FY2022

guided $1.28 to $1.29, reported $1.48

Guidance, 2021-11-30

GAAP earnings (loss) per share ($0.24) - ($0.23) $1.28 - $1.29 N/A N/A

Outcome, 2022-03-01

Fiscal 2022 GAAP diluted earnings per share was $1.48, and non-GAAP diluted earnings per share was $4.78.

Never referred to again.

revenue, FY2022

guided $26.25 billion to $26.35 billion, reported $26.49 billion

Guidance, 2021-09-24

Guidance* $21.25B FY21 % $17.1B 20 FY20 FY23 Non-GAAP Operating Margin Guidance $13.3B FY19 $10.5B FY18 $8.4B FY17 $6.7B FY16 FY22: High end of FY22 revenue guide of $26.25B to $26.35B as of September 23, 2021.

Outcome, 2022-03-01

FY22 Revenue of $26.49 Billion, up 25% Year-Over-Year, 24% in Constant Currency

Never referred to again.

revenue, FY2022

guided $26.25 billion to $26.35 billion, reported $26.49 billion

Guidance, 2021-09-23

Raises FY22 revenue guidance to a range of $26.25 billion to $26.35 billion.

Outcome, 2022-03-01

FY22 Revenue of $26.49 Billion, up 25% Year-Over-Year, 24% in Constant Currency

Never referred to again.

operating margin non-GAAP, FY2023

guided 20%, reported 22.5%

Guidance, 2021-09-23

non-GAAP operating margin guidance of 20.0%.

Outcome, 2023-03-01

FY23 GAAP Operating Margin of 3.3% and Non-GAAP Operating Margin of 22.5%

Never referred to again.

revenue, Q3 FY2022

guided $6.78 billion to $6.79 billion, reported $6.86 billion

Guidance, 2021-08-25

Initiates Third Quarter FY22 Revenue Guidance of $6.78 Billion to $6.79 Billion, up Approximately 25% Year-Over-Year

Outcome, 2021-11-30

Third Quarter Revenue of $6.86 Billion, up 27% Year-Over-Year, 26% in Constant Currency

Never referred to again.

revenue, FY2022

guided $26.2 billion to $26.3 billion, reported $26.49 billion

Guidance, 2021-08-25

Raises FY22 Revenue Guidance to $26.2 Billion to $26.3 Billion

Outcome, 2022-03-01

FY22 Revenue of $26.49 Billion, up 25% Year-Over-Year, 24% in Constant Currency

Never referred to again.

EPS non-GAAP, Q3 FY2022

guided $0.91 to $0.92, reported $1.27

Guidance, 2021-08-25

Non-GAAP earnings per share $0.91 - $0.92 $4.36 - $4.38

Outcome, 2021-11-30

Earnings per Share: Third quarter GAAP diluted earnings per share was $0.47, and non-GAAP diluted earnings per share was $1.27.

Never referred to again.

operating margin GAAP, FY2022

guided 1.8%, reported 2.1%

Guidance, 2021-08-25

Raises FY22 GAAP Operating Margin Guidance to Approximately 1.8% and Non-GAAP Operating Margin Guidance to Approximately 18.5%

Outcome, 2022-03-01

Fiscal 2022 GAAP operating margin was 2.1%.

Never referred to again.

EPS GAAP, FY2022

guided $0.81 to $0.83, reported $1.48

Guidance, 2021-08-25

GAAP earnings (loss) per share ($0.06) - ($0.05) $0.81 - $0.83

Outcome, 2022-03-01

Fiscal 2022 GAAP diluted earnings per share was $1.48, and non-GAAP diluted earnings per share was $4.78.

Never referred to again.

EPS non-GAAP, FY2022

guided $4.36 to $4.38, reported $4.78

Guidance, 2021-08-25

Non-GAAP earnings per share $0.91 - $0.92 $4.36 - $4.38

Outcome, 2022-03-01

Fiscal 2022 GAAP diluted earnings per share was $1.48, and non-GAAP diluted earnings per share was $4.78.

Never referred to again.

EPS GAAP, Q3 FY2022

guided $-0.06 to $-0.05, reported $0.47

Guidance, 2021-08-25

GAAP earnings (loss) per share ($0.06) - ($0.05) $0.81 - $0.83

Outcome, 2021-11-30

Earnings per Share: Third quarter GAAP diluted earnings per share was $0.47, and non-GAAP diluted earnings per share was $1.27.

Never referred to again.

operating margin non-GAAP, FY2022

guided 18.5%, reported 18.7%

Guidance, 2021-08-25

Raises FY22 GAAP Operating Margin Guidance to Approximately 1.8% and Non-GAAP Operating Margin Guidance to Approximately 18.5%

Outcome, 2022-03-01

Fiscal 2022 non-GAAP operating margin was 18.7%.

Never referred to again.

revenue, Q2 FY2022

guided $6.22 billion to $6.23 billion, reported $6.34 billion

Guidance, 2021-05-27

Initiates Second Quarter FY22 Revenue Guidance of $6.22 Billion to $6.23 Billion, up Approximately 21% Year-Over-Year

Outcome, 2021-08-25

Second Quarter Revenue of $6.34 Billion, up 23% Year-Over-Year, 21% in Constant Currency

Never referred to again.

revenue, FY2022

guided $25.9 billion to $26 billion, reported $26.49 billion

Guidance, 2021-05-27

Raises FY22 Revenue Guidance to $25.9 Billion to $26.0 Billion

Outcome, 2022-03-01

FY22 Revenue of $26.49 Billion, up 25% Year-Over-Year, 24% in Constant Currency

Never referred to again.

EPS non-GAAP, Q2 FY2022

guided $0.91 to $0.92, reported $1.48

Guidance, 2021-05-27

Non-GAAP earnings per share $0.91 - $0.92 $3.79 - $3.81

Outcome, 2021-08-25

Earnings per Share: Second quarter GAAP diluted earnings per share was $0.56, and non-GAAP diluted earnings per share was $1.48.

Never referred to again.

operating margin GAAP, FY2022

guided 1.4%, reported 2.1%

Guidance, 2021-05-27

Raises FY22 GAAP Operating Margin Guidance to Approximately 1.4% and Non-GAAP Operating Margin Guidance to Approximately 18.0%

Outcome, 2022-03-01

Fiscal 2022 GAAP operating margin was 2.1%.

Never referred to again.

operating margin non-GAAP, FY2022

guided 18%, reported 18.7%

Guidance, 2021-05-27

Raises FY22 GAAP Operating Margin Guidance to Approximately 1.4% and Non-GAAP Operating Margin Guidance to Approximately 18.0%

Outcome, 2022-03-01

Fiscal 2022 non-GAAP operating margin was 18.7%.

Never referred to again.

EPS non-GAAP, FY2022

guided $3.79 to $3.81, reported $4.78

Guidance, 2021-05-27

Non-GAAP earnings per share $0.91 - $0.92 $3.79 - $3.81

Outcome, 2022-03-01

Fiscal 2022 GAAP diluted earnings per share was $1.48, and non-GAAP diluted earnings per share was $4.78.

Never referred to again.

EPS GAAP, Q2 FY2022

guided $-0.1 to $-0.09, reported $0.56

Guidance, 2021-05-27

GAAP earnings (loss) per share ($0.10) - ($0.09) $0.22 - $0.24

Outcome, 2021-08-25

Earnings per Share: Second quarter GAAP diluted earnings per share was $0.56, and non-GAAP diluted earnings per share was $1.48.

Never referred to again.

revenue, Q1 FY2022

guided $5.875 billion to $5.885 billion, reported $5.96 billion

Guidance, 2021-02-25

Raises First Quarter FY22 Revenue Guidance to Approximately $5.875 Billion to $5.885 Billion, up Approximately 21% Year-Over-Year

Outcome, 2021-05-27

First Quarter Revenue of $5.96 Billion, up 23% Year-Over-Year, 20% in Constant Currency

Never referred to again.

EPS GAAP, FY2022

guided $-0.44 to $-0.42, reported $1.48

Guidance, 2021-02-25

GAAP earnings (loss) per share $0.56 - $0.57 ($0.44) - ($0.42)

Outcome, 2022-03-01

Fiscal 2022 GAAP diluted earnings per share was $1.48, and non-GAAP diluted earnings per share was $4.78.

Never referred to again.

EPS non-GAAP, FY2022

guided $3.39 to $3.41, reported $4.78

Guidance, 2021-02-25

Non-GAAP earnings per share $0.88 - $0.89 $3.39 - $3.41

Outcome, 2022-03-01

Fiscal 2022 GAAP diluted earnings per share was $1.48, and non-GAAP diluted earnings per share was $4.78.

Never referred to again.

operating margin non-GAAP, FY2022

guided 17.7%, reported 18.7%

Guidance, 2021-02-25

Initiates FY22 GAAP Operating Margin Guidance of Approximately 0.2% and FY22 Non-GAAP Operating Margin Guidance of Approximately 17.7%

Outcome, 2022-03-01

Fiscal 2022 non-GAAP operating margin was 18.7%.

Never referred to again.

EPS non-GAAP, Q1 FY2022

guided $0.88 to $0.89, reported $1.21

Guidance, 2021-02-25

Non-GAAP earnings per share $0.88 - $0.89 $3.39 - $3.41

Outcome, 2021-05-27

Earnings per Share: First quarter GAAP diluted earnings per share was $0.50, and non-GAAP diluted earnings per share was $1.21.

Never referred to again.

revenue, FY2022

guided $25.65 billion to $25.75 billion, reported $26.49 billion

Guidance, 2021-02-25

Raises FY22 Revenue Guidance to $25.65 Billion to $25.75 Billion

Outcome, 2022-03-01

Total fiscal 2022 revenue was $26.49 billion, up 25% year-over-year, and 24% in constant currency.

Never referred to again.

operating margin GAAP, FY2021

guided 2%, reported 2.1%

Guidance, 2020-12-01

Initiates FY21 GAAP Operating Margin Guidance of Approximately 2.0% and maintains FY21 Non-GAAP Operating Margin Guidance of Approximately 17.6%

Outcome, 2021-02-25

Fiscal 2021 GAAP operating margin was 2.1%.

Never referred to again.

revenue, Q1 FY2022

guided $5.68 billion to $5.715 billion, reported $5.96 billion

Guidance, 2020-12-01

Initiates First Quarter FY22 Revenue Guidance of Approximately $5.680 Billion to $5.715 Billion,

Outcome, 2021-05-27

First Quarter Revenue of $5.96 Billion, up 23% Year-Over-Year, 20% in Constant Currency

Never referred to again.

revenue, Q4 FY2021

guided $5.665 billion to $5.675 billion, reported $5.82 billion

Guidance, 2020-12-01

Initiates Fourth Quarter FY21 Revenue Guidance of Approximately $5.665 Billion to $5.675

Outcome, 2021-02-25

Fourth Quarter Revenue of $5.82 Billion, up 20% Year-Over-Year, 19% in Constant Currency

Never referred to again.

EPS non-GAAP, FY2021

guided $4.62 to $4.63, reported $4.92

Guidance, 2020-12-01

Non-GAAP earnings per share $0.73 - $0.74 $4.62 - $4.63

Outcome, 2021-02-25

Fiscal 2021 GAAP diluted earnings per share was $4.38, and non-GAAP diluted earnings per share was $4.92.

Never referred to again.

EPS GAAP, FY2021

guided $4.14 to $4.15, reported $4.38

Guidance, 2020-12-01

GAAP earnings per share $0.05 - $0.06 $4.14 - $4.15

Outcome, 2021-02-25

Fiscal 2021 GAAP diluted earnings per share was $4.38, and non-GAAP diluted earnings per share was $4.92.

Never referred to again.

revenue, FY2021

guided $21.1 billion to $21.11 billion, reported $21.25 billion

Guidance, 2020-12-01

Raises FY21 Revenue Guidance to Approximately $21.10 Billion to $21.11 Billion, up Approximately

Outcome, 2021-02-25

FY21 Revenue of $21.25 Billion, up 24% Year-Over-Year, 24% in Constant Currency

Never referred to again.

operating margin non-GAAP, FY2021

guided 17.6%, reported 17.7%

Guidance, 2020-12-01

Initiates FY21 GAAP Operating Margin Guidance of Approximately 2.0% and maintains FY21 Non-GAAP Operating Margin Guidance of Approximately 17.6%

Outcome, 2021-02-25

Fiscal 2021 non-GAAP operating margin was 17.7%.

Never referred to again.

revenue, FY2022

guided $25.45 billion to $25.55 billion, reported $26.49 billion

Guidance, 2020-12-01

Initiates FY22 Revenue Guidance of Approximately $25.45 Billion to $25.55 Billion, up

Outcome, 2022-03-01

FY22 Revenue of $26.49 Billion, up 25% Year-Over-Year, 24% in Constant Currency

Never referred to again.

EPS non-GAAP, Q4 FY2021

guided $0.73 to $0.74, reported $1.04

Guidance, 2020-12-01

Non-GAAP earnings per share $0.73 - $0.74

Outcome, 2021-02-25

Earnings per Share: Fourth quarter GAAP diluted earnings per share was $0.28, and non-GAAP diluted earnings per share was $1.04.

Never referred to again.

EPS non-GAAP, Q3 FY2021

guided $0.73 to $0.74, reported $1.74

Guidance, 2020-08-25

Non-GAAP earnings per share $0.73 - $0.74 $3.72 - $3.74

Outcome, 2020-12-01

Earnings per Share: Third quarter GAAP diluted earnings per share was $1.15, and non-GAAP diluted earnings per share was $1.74.

Never referred to again.

revenue, FY2021

guided $20.7 billion to $20.8 billion, reported $21.25 billion

Guidance, 2020-08-25

Raises FY21 Revenue Guidance to Approximately $20.7 Billion to $20.8 Billion, up Approximately 21% to 22% Year-Over-Year

Outcome, 2021-02-25

FY21 Revenue of $21.25 Billion, up 24% Year-Over-Year, 24% in Constant Currency

Never referred to again.

EPS non-GAAP, FY2021

guided $3.72 to $3.74, reported $4.92

Guidance, 2020-08-25

Non-GAAP earnings per share $0.73 - $0.74 $3.72 - $3.74

Outcome, 2021-02-25

Fiscal 2021 GAAP diluted earnings per share was $4.38, and non-GAAP diluted earnings per share was $4.92.

Never referred to again.

EPS GAAP, FY2021

guided $3.12 to $3.14, reported $4.38

Guidance, 2020-08-25

GAAP earnings per share $0.03 - $0.04 $3.12 - $3.14

Outcome, 2021-02-25

Fiscal 2021 GAAP diluted earnings per share was $4.38, and non-GAAP diluted earnings per share was $4.92.

Never referred to again.

revenue, Q3 FY2021

guided $5.24 billion to $5.25 billion, reported $5.42 billion

Guidance, 2020-08-25

Initiates Q3 FY21 Revenue Guidance of $5.24 Billion to $5.25 Billion, up Approximately 16% Year-Over-Year

Outcome, 2020-12-01

Third Quarter Revenue of $5.42 Billion, up 20% Year-Over-Year, 19% in Constant Currency

Never referred to again.

revenue, FY2021

guided $20 billion, reported $21.25 billion

Guidance, 2020-05-28

Updates FY21 Revenue Guidance to Approximately $20.0 Billion, up Approximately 17% Year-Over-Year

Outcome, 2021-02-25

FY21 Revenue of $21.25 Billion, up 24% Year-Over-Year, 24% in Constant Currency

Never referred to again.

revenue, Q2 FY2021

guided $4.89 billion to $4.9 billion, reported $5.15 billion

Guidance, 2020-05-28

Initiates Q2 FY21 Revenue Guidance of $4.89 Billion to $4.90 Billion, up Approximately 22% to 23% Year-Over-Year

Outcome, 2020-08-25

Second Quarter Revenue of $5.15 Billion, up 29% Year-Over-Year, 29% in Constant Currency

Never referred to again.

EPS non-GAAP, Q2 FY2021

guided $0.66 to $0.67, reported $1.44

Guidance, 2020-05-28

Non-GAAP earnings per share $0.66 - $0.67 $2.93 - $2.95

Outcome, 2020-08-25

Earnings per Share: Second quarter GAAP diluted earnings per share was $2.85, and non-GAAP diluted earnings per share was $1.44.

Never referred to again.

EPS non-GAAP, FY2021

guided $2.93 to $2.95, reported $4.92

Guidance, 2020-05-28

Non-GAAP earnings per share $0.66 - $0.67 $2.93 - $2.95

Outcome, 2021-02-25

Fiscal 2021 GAAP diluted earnings per share was $4.38, and non-GAAP diluted earnings per share was $4.92.

Never referred to again.

EPS non-GAAP, FY2021

guided $3.16 to $3.18, reported $4.92

Guidance, 2020-02-25

Non-GAAP earnings per share $0.70 - $0.71 $3.16 - $3.18

Outcome, 2021-02-25

Fiscal 2021 GAAP diluted earnings per share was $4.38, and non-GAAP diluted earnings per share was $4.92.

Never referred to again.

revenue, FY2021

guided $21 billion to $21.1 billion, reported $21.25 billion

Guidance, 2020-02-25

Raises FY21 Revenue Guidance to $21.0 Billion to $21.1 Billion

Outcome, 2021-02-25

FY21 Revenue of $21.25 Billion, up 24% Year-Over-Year, 24% in Constant Currency

Never referred to again.

revenue, Q1 FY2021

guided $4.8 billion to $4.835 billion, reported $4.87 billion

Guidance, 2019-12-03

Initiates Q1 FY21 Revenue Guidance of $4.800 Billion to $4.835 Billion, up 28% to 29% Year-Over-Year

Outcome, 2020-05-28

First Quarter Revenue of $4.87 Billion, up 30% Year-Over-Year, 31% in Constant Currency

Never referred to again.

revenue, Q4 FY2020

guided $4.743 billion to $4.753 billion, reported $4.85 billion

Guidance, 2019-12-03

Initiates Q4 FY20 Revenue Guidance of $4.743 Billion to $4.753 Billion, up 32% Year-Over-Year

Outcome, 2020-02-25

Fourth Quarter Revenue of $4.85 Billion, up 35% Year-Over-Year, 34% in Constant Currency

Never referred to again.

revenue, FY2020

guided $16.99 billion to $17 billion, reported $17.1 billion

Guidance, 2019-12-03

Revenue $4.743 - $4.753 billion $16.99 - $17.00 billion $4.800 - $4.835 billion $20.80 - $20.90 billion

Outcome, 2020-02-25

Total Fiscal 2020 revenue was $17.1 billion, up 29% year-over-year, and 29% in constant currency.

Never referred to again.

revenue, FY2021

guided $20.8 billion to $20.9 billion, reported $21.25 billion

Guidance, 2019-12-03

Revenue $4.743 - $4.753 billion $16.99 - $17.00 billion $4.800 - $4.835 billion $20.80 - $20.90 billion

Outcome, 2021-02-25

Total fiscal 2021 revenue was $21.25 billion, up 24% year-over-year, and 24% in constant currency.

Never referred to again.

EPS non-GAAP, Q4 FY2020

guided $0.54 to $0.55, reported $0.66

Guidance, 2019-12-03

Non-GAAP earnings per share $0.54 - $0.55 $2.89 - $2.90 N/A N/A

Outcome, 2020-02-25

Fourth quarter GAAP loss per share was $(0.28), and non-GAAP diluted earnings per share was $0.66.

Never referred to again.

EPS non-GAAP, FY2020

guided $2.89 to $2.9, reported $2.99

Guidance, 2019-12-03

Non-GAAP earnings per share $0.54 - $0.55 $2.89 - $2.90 N/A N/A

Outcome, 2020-02-25

Fiscal 2020 GAAP earnings per share was $0.15, and non-GAAP diluted earnings per share was $2.99.

Never referred to again.

revenue, Q3 FY2020

guided $4.44 billion to $4.45 billion, reported $4.5 billion

Guidance, 2019-08-22

Initiates Q3 FY20 Revenue Guidance of $4.44 Billion to $4.45 Billion, up 31% Year-Over-Year

Outcome, 2019-12-03

Third Quarter Revenue of $4.5 Billion, up 33% Year-Over-Year, 34% in Constant Currency

Never referred to again.

EPS non-GAAP, Q3 FY2020

guided $0.65 to $0.66, reported $0.75

Guidance, 2019-08-22

Non-GAAP earnings per share $0.65 - $0.66

Outcome, 2019-12-03

Earnings per Share: Third quarter GAAP loss per share was $0.12, and non-GAAP diluted earnings per share was $0.75.

Never referred to again.

revenue, FY2020

guided $16.75 billion to $16.9 billion, reported $17.1 billion

Guidance, 2019-08-22

Raises FY20 Revenue Guidance to $16.75 Billion to $16.90 Billion

Outcome, 2020-02-25

FY20 Revenue of $17.1 Billion, up 29% Year-Over-Year, 29% in Constant Currency

Never referred to again.

EPS non-GAAP, FY2020

guided $2.82 to $2.84, reported $2.99

Guidance, 2019-08-22

Non-GAAP earnings per share $0.65 - $0.66 $2.82 - $2.84

Outcome, 2020-02-25

Fiscal 2020 GAAP earnings per share was $0.15, and non-GAAP diluted earnings per share was $2.99.

Never referred to again.

EPS non-GAAP, FY2020

guided $2.51 to $2.53, reported $2.99

Guidance, 2019-06-10

FY20 Non-GAAP EPS is now expected to be $2.51 to $2.53.

Outcome, 2020-02-25

Fiscal 2020 GAAP earnings per share was $0.15, and non-GAAP diluted earnings per share was $2.99.

Never referred to again.

EPS non-GAAP, FY2020

guided $2.88 to $2.9, reported $2.99

Guidance, 2019-06-04

Raises FY20 Non-GAAP Earnings Per Share Guidance to $2.88 to $2.90

Outcome, 2020-02-25

Fiscal 2020 GAAP earnings per share was $0.15, and non-GAAP diluted earnings per share was $2.99.

Never referred to again.

revenue, Q2 FY2020

guided $3.94 billion to $3.95 billion, reported $4 billion

Guidance, 2019-06-04

Initiates Second Quarter Revenue Guidance of $3.94 Billion to $3.95 Billion

Outcome, 2019-08-22

Second Quarter Revenue of $4.0 Billion, up 22% Year-Over-Year, 23% in Constant Currency

Never referred to again.

EPS non-GAAP, Q2 FY2020

guided $0.46 to $0.47, reported $0.66

Guidance, 2019-06-04

Non-GAAP earnings per share $0.46 - $0.47

Outcome, 2019-08-22

Earnings per Share: Second quarter GAAP diluted earnings per share was $0.11, and non-GAAP diluted earnings per share was $0.66.

Never referred to again.

revenue, FY2020

guided $16.1 billion to $16.25 billion, reported $17.1 billion

Guidance, 2019-06-04

Revenue $3.94 - $3.95 billion $16.10 - $16.25 billion

Outcome, 2020-02-25

Total Fiscal 2020 revenue was $17.1 billion, up 29% year-over-year, and 29% in constant currency.

Never referred to again.

EPS non-GAAP, FY2020

guided $2.54 to $2.56, reported $2.99

Guidance, 2019-04-15

The company now expects FY20 non-GAAP EPS of $2.54 to $2.56.

Outcome, 2020-02-25

Fiscal 2020 GAAP earnings per share was $0.15, and non-GAAP diluted earnings per share was $2.99.

Never referred to again.

EPS GAAP, Q1 FY2020

guided $0.1 to $0.11, reported $0.49

Guidance, 2019-03-04

GAAP EPS $0.10 - $0.11

Outcome, 2019-06-04

Earnings per Share: First quarter GAAP diluted earnings per share was $0.49, and non-GAAP diluted earnings per share was $0.93.

Never referred to again.

revenue, FY2020

guided $15.95 billion to $16.05 billion, reported $17.1 billion

Guidance, 2019-03-04

Revenue $3.67 - $3.68 billion $15.95 - $16.05 billion

Outcome, 2020-02-25

Total Fiscal 2020 revenue was $17.1 billion, up 29% year-over-year, and 29% in constant currency.

Never referred to again.

revenue, Q1 FY2020

guided $3.67 billion to $3.68 billion, reported $3.74 billion

Guidance, 2019-03-04

Revenue $3.67 - $3.68 billion

Outcome, 2019-06-04

First Quarter Revenue of $3.74 Billion, up 24% Year-Over-Year, 26% in Constant Currency

Never referred to again.

EPS non-GAAP, FY2020

guided $2.74 to $2.76, reported $2.99

Guidance, 2019-03-04

Non-GAAP EPS $0.60 - $0.61 $2.74 - $2.76

Outcome, 2020-02-25

Fiscal 2020 GAAP earnings per share was $0.15, and non-GAAP diluted earnings per share was $2.99.

Never referred to again.

EPS non-GAAP, Q1 FY2020

guided $0.6 to $0.61, reported $0.93

Guidance, 2019-03-04

Non-GAAP EPS $0.60 - $0.61

Outcome, 2019-06-04

Earnings per Share: First quarter GAAP diluted earnings per share was $0.49, and non-GAAP diluted earnings per share was $0.93.

Never referred to again.

Target Corporation

Worse than guided (9), newest first

EPS GAAP, FY2025

guided $8.8 to $9.8, reported $8.13

Guidance, 2025-03-04

•GAAP and Adjusted EPS of $8.80 to $9.80

Outcome, 2026-03-03

Full-year GAAP EPS was $8.13 compared with $8.86 last year.

Never referred to again.

EPS GAAP, Q3 FY2024

guided $2.1 to $2.4, reported $1.85

Guidance, 2024-08-21

For the third quarter, the Company expects a 0 to 2 percent increase in its comparable sales, and GAAP and Adjusted EPS of $2.10 to $2.40.

Outcome, 2024-11-20

The Company reported third quarter GAAP and Adjusted earnings per share1 (EPS) of $1.85, compared with $2.10 in 2023.

Never referred to again.

EPS GAAP, FY2024

guided $9 to $9.7, reported $8.86

Guidance, 2024-08-21

$2.10 - $2.40 $9.00 - $9.70

Outcome, 2025-03-04

GAAP and Adjusted EPS were $8.86 for full-year 2024, compared with $8.94 in the prior year.

Never referred to again.

EPS non-GAAP, FY2024

guided $9 to $9.7, reported $8.86

Guidance, 2024-08-21

$2.10 - $2.40 $9.00 - $9.70

Outcome, 2025-03-04

GAAP and Adjusted EPS were $8.86 for full-year 2024, compared with $8.94 in the prior year.

Never referred to again.

EPS non-GAAP, Q3 FY2024

guided $2.1 to $2.4, reported $1.85

Guidance, 2024-08-21

For the third quarter, the Company expects a 0 to 2 percent increase in its comparable sales, and GAAP and Adjusted EPS of $2.10 to $2.40.

Outcome, 2024-11-20

The Company reported third quarter GAAP and Adjusted earnings per share1 (EPS) of $1.85, compared with $2.10 in 2023.

Never referred to again.

operating margin GAAP, FY2022

guided at least 8%, reported 3.7%

Guidance, 2022-03-01

For fiscal year 2022, the Company expects low- to mid-single digit revenue growth, an operating margin rate of 8 percent or higher, low-single digit growth in operating margin dollars, and high-single digit growth in Adjusted Earnings per Share.

Outcome, 2023-02-28

Fourth quarter operating income margin rate was 3.7 percent in 2022 compared with 6.8 percent in 2021.

Never referred to again.

EPS non-GAAP, Q1 FY2020

guided $1.55 to $1.75, reported $0.59

Guidance, 2020-03-03

The Company expects both GAAP EPS from continuing operations and Adjusted EPS of $1.55 to $1.75.

Outcome, 2020-05-20

First quarter GAAP EPS from continuing operations were $0.56, and Adjusted EPS1 were $0.59.

Never referred to again.

EPS GAAP, Q1 FY2020

guided $1.55 to $1.75, reported $0.56

Guidance, 2020-03-03

The Company expects both GAAP EPS from continuing operations and Adjusted EPS of $1.55 to $1.75.

Outcome, 2020-05-20

First quarter GAAP EPS from continuing operations were $0.56, and Adjusted EPS1 were $0.59.

Never referred to again.

comparable sales, Q4 FY2019

guided 3% to 4%, reported 1.5%

Guidance, 2019-11-20

For the fourth quarter, Target expects comparable sales growth of 3 to 4 percent, and GAAP EPS from continuing operations of $1.55 to $1.75 and Adjusted EPS of $1.54 to $1.74.

Outcome, 2020-03-03

Fourth quarter comparable sales grew 1.5 percent, reflecting comparable digital sales growth of 20 percent.

Never referred to again.

Better than guided (29)

tax rate, FY2025

guided 23% to 24%, reported 22.3%

Guidance, 2025-03-04

•An effective tax rate of 23 to 24 percent

Outcome, 2026-03-03

The Company’s full-year 2025 effective income tax rate was 22.3 percent compared with 22.2 percent in 2024, reflecting higher discrete tax expenses and higher global tax minimums, primarily offset by the benefit of additional tax credits in the current year.

Never referred to again.

EPS non-GAAP, Q2 FY2024

guided $1.95 to $2.35, reported $2.57

Guidance, 2024-05-22

For the second quarter, the Company expects a 0 to 2 percent increase in its comparable sales, and GAAP and Adjusted EPS of $1.95 to $2.35.

Outcome, 2024-08-21

The Company reported second quarter GAAP and Adjusted earnings per share1 (EPS) of $2.57, compared with $1.80 in 2023.

Never referred to again.

EPS GAAP, Q2 FY2024

guided $1.95 to $2.35, reported $2.57

Guidance, 2024-05-22

For the second quarter, the Company expects a 0 to 2 percent increase in its comparable sales, and GAAP and Adjusted EPS of $1.95 to $2.35.

Outcome, 2024-08-21

The Company reported second quarter GAAP and Adjusted earnings per share1 (EPS) of $2.57, compared with $1.80 in 2023.

Never referred to again.

EPS non-GAAP, Q4 FY2023

guided $1.9 to $2.6, reported $2.98

Guidance, 2023-11-15

For the fourth quarter, the Company expects comparable sales in a wide range around a mid-single digit decline, and GAAP and Adjusted EPS of $1.90 to $2.60.

Outcome, 2024-03-05

The Company reported fourth-quarter GAAP and Adjusted earnings per share (EPS) of $2.98, compared with $1.89 in 2022.

Acknowledged 2024-03-05: “GAAP and Adjusted EPS1 of $2.98 was 57.6 percent higher than last year, and well-above the high end of the expected range of $1.90 to $2.60.”

EPS GAAP, Q4 FY2023

guided $1.9 to $2.6, reported $2.98

Guidance, 2023-11-15

For the fourth quarter, the Company expects comparable sales in a wide range around a mid-single digit decline, and GAAP and Adjusted EPS of $1.90 to $2.60.

Outcome, 2024-03-05

The Company reported fourth-quarter GAAP and Adjusted earnings per share (EPS) of $2.98, compared with $1.89 in 2022.

Acknowledged 2024-03-05: “GAAP and Adjusted EPS1 of $2.98 was 57.6 percent higher than last year, and well-above the high end of the expected range of $1.90 to $2.60.”

EPS non-GAAP, Q3 FY2023

guided $1.2 to $1.6, reported $2.1

Guidance, 2023-08-16

For the third quarter, the Company expects comparable sales in a wide range around a mid-single digit decline, and GAAP and Adjusted EPS of $1.20 to $1.60.

Outcome, 2023-11-15

Third quarter GAAP and Adjusted EPS1 of $2.10 was 36 percent higher than a year ago and above the high end of the Company's guidance range, reflecting disciplined inventory and expense management.

Acknowledged 2023-11-15: “Third quarter GAAP and Adjusted EPS1 of $2.10 was 36 percent higher than a year ago and above the high end of the Company's guidance range, reflecting disciplined inventory and expense management.”

EPS non-GAAP, FY2023

guided $7 to $8, reported $8.94

Guidance, 2023-08-16

The Company now expects full-year GAAP and Adjusted EPS of $7.00 to $8.00, compared with the prior range of $7.75 to $8.75.

Outcome, 2024-03-05

Full-year GAAP and Adjusted EPS of $8.94 were both nearly 50 percent higher than in 2022.

Never referred to again.

EPS GAAP, FY2023

guided $7 to $8, reported $8.94

Guidance, 2023-08-16

The Company now expects comparable sales in a wide range around a mid-single digit decline for the remainder of the year, and now expects full-year GAAP and Adjusted EPS of $7.00 to $8.00.

Outcome, 2024-03-05

Full-year GAAP and Adjusted EPS of $8.94 were both nearly 50 percent higher than in 2022.

Acknowledged 2024-03-05: “GAAP and Adjusted EPS1 of $2.98 was 57.6 percent higher than last year, and well-above the high end of the expected range of $1.90 to $2.60.”

EPS GAAP, Q3 FY2023

guided $1.2 to $1.6, reported $2.1

Guidance, 2023-08-16

For the third quarter, the Company expects comparable sales in a wide range around a mid-single digit decline, and GAAP and Adjusted EPS of $1.20 to $1.60.

Outcome, 2023-11-15

The Company reported third quarter GAAP and Adjusted earnings per share1 (EPS) of $2.10, up 36.3 percent from $1.54 in 2022.

Acknowledged 2023-11-15: “Third quarter GAAP and Adjusted EPS1 of $2.10 was 36 percent higher than a year ago and above the high end of the Company's guidance range, reflecting disciplined inventory and expense management.”

EPS GAAP, FY2023

guided $7.75 to $8.75, reported $8.94

Guidance, 2023-05-17

For the full year, the Company is maintaining its prior guidance, which includes expected comparable sales in a wide range from a low-single digit decline to a low-single digit increase, operating income growth of more than $1 billion, and both GAAP EPS and Adjusted EPS of $7.75 to $8.75.

Outcome, 2024-03-05

GAAP and Adjusted EPS were $8.94 for full-year 2023, compared with $5.98 in GAAP EPS and $6.02 in Adjusted EPS in the prior year.

Acknowledged 2024-03-05: “GAAP and Adjusted EPS1 of $2.98 was 57.6 percent higher than last year, and well-above the high end of the expected range of $1.90 to $2.60.”

EPS non-GAAP, FY2023

guided $7.75 to $8.75, reported $8.94

Guidance, 2023-05-17

For the full year, the Company is maintaining its prior guidance, which includes expected comparable sales in a wide range from a low-single digit decline to a low-single digit increase, operating income growth of more than $1 billion, and both GAAP EPS and Adjusted EPS of $7.75 to $8.75.

Outcome, 2024-03-05

GAAP and Adjusted EPS were $8.94 for full-year 2023, compared with $5.98 in GAAP EPS and $6.02 in Adjusted EPS in the prior year.

Never referred to again.

EPS GAAP, Q2 FY2023

guided $1.3 to $1.7, reported $1.8

Guidance, 2023-05-17

GAAP EPS and Adjusted EPS are both expected to range from $1.30 to $1.70.

Outcome, 2023-08-16

Second quarter GAAP and Adjusted EPS1 of $1.80 was more than 4 times higher than a year ago and above the high end of the Company's guidance range, reflecting a meaningful profit recovery from last year’s inventory actions.

Acknowledged 2023-08-16: “Second quarter GAAP and Adjusted EPS1 of $1.80 was more than 4 times higher than a year ago and above the high end of the Company's guidance range, reflecting a meaningful profit recovery from last year’s inventory actions.”

EPS GAAP, FY2023

guided $7.75 to $8.75, reported $8.94

Guidance, 2023-02-28

Operating income is expected to grow more than $1 billion, and GAAP EPS and adjusted EPS are both expected to range from $7.75 to $8.75.

Outcome, 2024-03-05

GAAP and Adjusted EPS were $8.94 for full-year 2023, compared with $5.98 in GAAP EPS and $6.02 in Adjusted EPS in the prior year.

Acknowledged 2024-03-05: “GAAP and Adjusted EPS1 of $2.98 was 57.6 percent higher than last year, and well-above the high end of the expected range of $1.90 to $2.60.”

EPS GAAP, Q1 FY2023

guided $1.5 to $1.9, reported $2.05

Guidance, 2023-02-28

First quarter GAAP EPS and adjusted EPS are both expected to range from $1.50 to $1.90.

Outcome, 2023-05-17

The Company reported first quarter GAAP earnings per share (EPS) of $2.05, down 4.8 percent from $2.16 in 2022.

Never referred to again.

operating margin GAAP, Q1 FY2023

guided 4% to 5%, reported 5.2%

Guidance, 2023-02-28

For first quarter 2023, the Company expects comparable sales in a wide range, from a low-single digit decline to a low-single digit increase, and an operating income margin rate of 4 to 5 percent.

Outcome, 2023-05-17

First quarter operating income margin rate was 5.2 percent in 2023, compared with 5.3 percent in 2022.

Never referred to again.

EPS non-GAAP, Q1 FY2023

guided $1.5 to $1.9, reported $2.05

Guidance, 2023-02-28

First quarter GAAP EPS and adjusted EPS are both expected to range from $1.50 to $1.90.

Outcome, 2023-05-17

First quarter Adjusted EPS1 of $2.05 decreased 6.2 percent compared with $2.19 in 2022.

Never referred to again.

EPS non-GAAP, FY2023

guided $7.75 to $8.75, reported $8.94

Guidance, 2023-02-28

Operating income is expected to grow more than $1 billion, and GAAP EPS and adjusted EPS are both expected to range from $7.75 to $8.75.

Outcome, 2024-03-05

Full-year GAAP and Adjusted EPS of $8.94 were both nearly 50 percent higher than in 2022.

Never referred to again.

EPS non-GAAP, FY2019

guided $5.9 to $6.2, reported $6.39

Guidance, 2019-08-21

Target now expects full-year 2019 GAAP EPS from continuing operations and Adjusted EPS of $5.90 to $6.20, compared with the prior range of $5.75 to $6.05.

Outcome, 2020-03-03

Fourth quarter Adjusted EPS were $1.69 and full-year Adjusted EPS were $6.39, compared with $1.53 and $5.39 in 2018, respectively.

Never referred to again.

EPS non-GAAP, Q3 FY2019

guided $1.04 to $1.24, reported $1.36

Guidance, 2019-08-21

For the third quarter, the Company expects both GAAP EPS from continuing operations and Adjusted EPS of $1.04 to $1.24.

Outcome, 2019-11-20

Adjusted EPS of $1.36 was 24.9 percent higher than last year.

Never referred to again.

EPS GAAP, FY2019

guided $5.9 to $6.2, reported $6.34

Guidance, 2019-08-21

Target now expects full-year 2019 GAAP EPS from continuing operations and Adjusted EPS of $5.90 to $6.20, compared with the prior range of $5.75 to $6.05.

Outcome, 2020-03-03

The Company reported GAAP earnings per share (EPS) from continuing operations of $1.63 in fourth quarter and $6.34 for full-year 2019, compared with $1.52 and $5.50 in 2018, respectively.

Never referred to again.

comparable sales, Q3 FY2019

guided 3.4%, reported 4.5%

Guidance, 2019-08-21

For both the third quarter and second half of 2019, Target expects comparable sales growth in line with the 3.4 percent comparable sales growth the company delivered in the second quarter of 2019.

Outcome, 2019-11-20

Comparable Sales Increase 4.5 Percent

Never referred to again.

EPS GAAP, FY2019

guided $5.75 to $6.05, reported $6.34

Guidance, 2019-05-22

For the fiscal year, Target continues to expect a low- to mid-single digit increase in comparable sales and both GAAP EPS and Adjusted EPS of $5.75 to $6.05.

Outcome, 2020-03-03

The Company reported GAAP earnings per share (EPS) from continuing operations of $1.63 in fourth quarter and $6.34 for full-year 2019, compared with $1.52 and $5.50 in 2018, respectively.

Never referred to again.

EPS non-GAAP, FY2019

guided $5.75 to $6.05, reported $6.39

Guidance, 2019-05-22

For the fiscal year, Target continues to expect a low- to mid-single digit increase in comparable sales and both GAAP EPS and Adjusted EPS of $5.75 to $6.05.

Outcome, 2020-03-03

Fourth quarter Adjusted EPS were $1.69 and full-year Adjusted EPS were $6.39, compared with $1.53 and $5.39 in 2018, respectively.

Never referred to again.

EPS non-GAAP, Q2 FY2019

guided $1.52 to $1.72, reported $1.82

Guidance, 2019-05-22

Target expects second quarter comparable sales growth in the low- to mid-single digit range, mid-single digit growth in operating income dollars and both GAAP EPS from continuing operations and Adjusted EPS of $1.52 to $1.72.

Outcome, 2019-08-21

GAAP EPS from continuing operations and Adjusted EPS of $1.82 were up over 20 percent from last year and established new all-time highs for the Company.

Never referred to again.

EPS GAAP, Q2 FY2019

guided $1.52 to $1.72, reported $1.82

Guidance, 2019-05-22

The midpoint of Target’s second quarter EPS guidance of $1.52 to $1.72 represents high single digit growth compared with prior year GAAP EPS from continuing operations and double-digit growth compared with prior year Adjusted EPS.

Outcome, 2019-08-21

The Company reported GAAP earnings per share (EPS) from continuing operations of $1.82 in second quarter 2019, up 22.0 percent from $1.49 in second quarter 2018.

Never referred to again.

EPS non-GAAP, Q1 FY2019

guided $1.32 to $1.52, reported $1.53

Guidance, 2019-03-05

In first quarter 2019, Target expects a low- to mid-single digit increase in comparable sales, and both GAAP EPS from continuing operations and Adjusted EPS of $1.32 to $1.52.

Outcome, 2019-05-22

Adjusted EPS were $1.53, up 15.9 percent from last year.

Never referred to again.

EPS GAAP, FY2019

guided $5.75 to $6.05, reported $6.34

Guidance, 2019-03-05

The Company expects both GAAP EPS from continuing operations and Adjusted EPS of $5.75 to $6.05.

Outcome, 2020-03-03

The Company reported GAAP earnings per share (EPS) from continuing operations of $1.63 in fourth quarter and $6.34 for full-year 2019, compared with $1.52 and $5.50 in 2018, respectively.

Never referred to again.

EPS non-GAAP, FY2019

guided $5.75 to $6.05, reported $6.39

Guidance, 2019-03-05

The Company expects both GAAP EPS from continuing operations and Adjusted EPS of $5.75 to $6.05.

Outcome, 2020-03-03

Fourth quarter Adjusted EPS were $1.69 and full-year Adjusted EPS were $6.39, compared with $1.53 and $5.39 in 2018, respectively.

Never referred to again.

EPS GAAP, Q1 FY2019

guided $1.32 to $1.52, reported $1.53

Guidance, 2019-03-05

In first quarter 2019, Target expects a low- to mid-single digit increase in comparable sales, and both GAAP EPS from continuing operations and Adjusted EPS of $1.32 to $1.52.

Outcome, 2019-05-22

GAAP EPS from continuing operations were $1.53, up 15.1 percent from last year.

Never referred to again.

Known limitations

  1. This covers three companies. It is a pilot, not a survey of the market.
  2. The pipeline does not claim to capture every guidance statement a company ever made; it captures the ones its patterns and its model caught.
  3. A row reported better than guided is recorded as missed, the same as one reported worse, because the guided range was wrong either way. Which side it fell on is reported separately, not folded into the status. Whether a side is good or bad is fixed once per metric, the same for every company: operating expenses and the tax rate are treated as lower-is-better, everything else as higher-is-better.
  4. A one-sided floor ("at least X") resolves as met on any reported value above the floor. There is no ceiling to measure against, so a floor's better-than-guided rows are not measured; only values below it can be missed.
  5. The search for an acknowledgement covers 8-K, 10-K and 10-Q filing text only. A company that only addressed a miss on an earnings call, and never wrote it into a filing, is not found: that text is not in EDGAR.
  6. An outcome that would come from a multi-column table whose header could not be confidently matched to a period is held back as unresolved rather than guessed at.