| Quarter | Call date | Disclosure | Financial quality | Kept | Missed | |
|---|---|---|---|---|---|---|
| Q2'26 | July 30, 2026 | 5/12 | 2 high, 4 medium, 1 low flags | 4 | 0 | Call sheet → |
| Q1'26 | April 30, 2026 | 9/12 | 5 medium, 1 low flags | 6 | 0 | Call sheet → |
| Q4'25 | February 5, 2026 | 9/12 | 3 medium, 4 low flags | 3 | 1 | Call sheet → |
| Marked | Status | Promise |
|---|---|---|
| Q2'26 | Delivered | Continue to be cautious on notebook Maintained cautious stance, no change |
| Q2'26 | Pending | Storage staying strong through the year Not discussed in detail this quarter, quietly dropped |
| Q2'26 | Pending | Automotive flat first half, ramping second half Still maintaining this view, Q3 will be the test |
| Q2'26 | Delivered | Communications above corporate average growth Grew 45% sequentially, well above company average |
| Q2'26 | Exceeded | Enterprise data 85% YoY growth floor Raised to 130% floor based on backlog visibility |
| Q2'26 | Exceeded | Reach $6 billion capacity in the near future Now targeting 'significantly beyond $6 billion' though without specifics |
| Q1'26 | Delivered | Communications growth above corporate average 33% sequential growth confirms strong momentum |
| Q1'26 | Delivered | Storage strength continuing Confirmed DDR5 volume visibility and data center pull-through |
| Q1'26 | Pending | Automotive flat H1, ramping H2 Reiterated same guidance - consistency maintained |
| Q1'26 | Delivered | 800V power solutions sampling Progressed to co-development phase with customers |
| Q1'26 | Exceeded | 3A per mm³ current density products sampling Moved to shipping and qualified - ahead of schedule |
| Q1'26 | Delivered | $4B capacity milestone achievement Achieved and immediately raised target to $6B |
| Q1'26 | Exceeded | 30-40% enterprise data growth, raised to 50% floor last quarter Delivered 85% floor - massive beat on confidence upgrade |
| Q4'25 | Delivered | Continued supply chain capacity expansion Exceeded $4B milestone and continuing to expand |
| Q4'25 | Pending | Automotive BMS and traction inverter solutions '27 and beyond Timeline unchanged but added macro uncertainty warnings |
| Q4'25 | Delivered | Current density doubling technology progression Moved from development to customer sampling phase |
| Q4'25 | Missed | 800-volt solutions revenue in '27-'28 Timeline pushed to 'maybe end of next year' from earlier '27 start |
| Q4'25 | Pending | Margin expansion resuming with longer backlog visibility Seeing backlog develop but Bernie hedged on timing of 10-20 bps quarterly improvements |
| Q4'25 | Exceeded | Enterprise data growing 30-40% in 2026, weighted to second half Raised to 'floor of 50%' growth with Michael suggesting much higher possible |
Get free previews of our earnings-call research: the key changes, management scores, and questions worth investigating. Subscribe for full call sheets and deeper analysis.
Subscriptions are managed by Substack. If the form does not load, subscribe directly. Or follow the RSS feed.