revenue

Castle Labs released a report stating that since the beginning of the year, crypto protocols have generated approximately $7.42 billion in revenue, but most token prices have failed to reflect the fundamentals of the protocols. The report analyzes six protocols, including Aave, Hyperliquid, PumpFun, and Uniswap, finding that they collectively generated about $726 million in revenue in the first half of 2026. However, after accounting for token issuance, unlocks, and incentives, the net value inflow for token holders turned negative for some projects.The report points out that Hyperliquid has burned over 47 million HYPE tokens, and PUMP has completed over $315 million in buybacks, yet the token is still down about 60% from its issuance price. Protocol revenue does not necessarily translate into token value, and investors should also pay attention to factors such as value return mechanisms, token unlock pressure, and equity structure.

Robinhood released its Q2 2026 financial report, with net revenue of $1.31 billion, a year-on-year increase of 32%, exceeding analysts' expectations of $1.28 billion; net profit of $573 million, a year-on-year increase of 48%; diluted earnings per share of $0.62, a year-on-year increase of 48%. Adjusted EBITDA was $741 million, a year-on-year increase of 35%, exceeding the expected $629 million. Net deposits reached a record high of $21.7 billion, with Gold subscription users reaching 4.8 million, a year-on-year increase of 39%. Cryptocurrency revenue was $100 million, exceeding the expected $86.6 million; options revenue was $342 million, a year-on-year increase of 29%. ARPU reached $187, a year-on-year increase of 24%.The company expects adjusted operating expenses and equity incentives for the full year to be $2.675 to $2.775 billion, lower than previous guidance and market expectations. During the period, Trump account registrations exceeded 7 million, with deposits nearing $1.5 billion; Robinhood Chain mainnet launched; Singapore obtained a capital markets services license; completed the acquisition of WonderFi. After the financial report was released, Robinhood rose about 4% in after-hours trading.

Samsung Electronics released its Q2 2026 financial report, with revenue of 171.5 trillion Korean won (approximately $118.8 billion), a year-on-year increase of 130%, and a quarter-on-quarter increase of 28%, setting a new record for a single quarter; operating profit was 89.5 trillion Korean won (approximately $62 billion), a year-on-year increase of 1813.8%, and a quarter-on-quarter increase of 56.4%, exceeding market expectations by about 5%; net profit was 71.62 trillion Korean won (approximately $49.6 billion), a staggering year-on-year increase of 1299.9%. Earnings per share were 10,849 won, a year-on-year increase of 52%.The Device Solutions (DS) division reported revenue of 127.5 trillion Korean won, with operating profit of 89.2 trillion Korean won, a quarter-on-quarter increase of 56%, driven by demand for AI server memory, with both revenue and profit reaching historical highs. HBM4 has been mass-produced and shipped, and HBM4E samples have been delivered to major customers. The Device Experience (DX) division saw a quarter-on-quarter revenue decline of 9%, with the MX business affected by component cost pressures, reporting revenue of 33.2 trillion Korean won and an operating loss of 0.7 trillion Korean won.Samsung expects strong demand for server DRAM, eSSD, and HBM to continue in the second half of the year, with a tight market supply situation persisting, although demand in the mobile and PC sectors may see some slowdown. The company plans to expand sales of high-value-added products such as HBM4, DDR5, and SOCAMM2, and to mass-produce new mobile products using the second-generation 2nm process, aiming for double-digit revenue growth in its foundry business.

Arm released its financial report for the first quarter of fiscal year 2027, with revenue of $1.29 billion, a year-on-year increase of 22%, exceeding the market expectation of $1.26 billion; adjusted earnings per share of $0.45, a year-on-year increase of 29%, surpassing the expected $0.40; adjusted net profit of $480 million, a year-on-year increase of 28%. Licensing revenue was $574 million, a year-on-year increase of 23%; royalty revenue was $715 million, a year-on-year increase of 22%, with data center royalty revenue more than doubling year-on-year.The AI and data center business is showing strong momentum. Since the launch of the Arm AGI CPU in March, customer demand has grown from an initial expected order of about $1 billion to over $2 billion. Cumulative shipments of Arm Neoverse data center processors have exceeded 1.5 billion cores, with the latest 500 million completed in just 9 months. NVIDIA Vera has fully entered production, and AWS has reached a multi-year agreement with Meta to deploy tens of millions of Graviton5 cores. Qualcomm announced plans to launch the Arm-based data center CPU Dragonfly C1000.Revenue guidance for the second quarter is approximately $1.38 billion, with adjusted earnings per share of about $0.47, both above market average expectations but below some optimistic forecasts. The company stated that the growth of smart mobile royalty revenue will slow, and after-hours stock prices fell by about 7% at one point.

Qualcomm released its Q3 2026 fiscal year financial report, with revenue of $9.95 billion, a year-on-year decrease of 4%, slightly higher than the market expectation of $9.67 billion; adjusted earnings per share were $2.21, basically in line with expectations; net profit was $2 billion. The chip business (QCT) revenue was $8.5 billion, of which mobile-related business was $5.1 billion, a year-on-year decrease of 20%; automotive electronics business revenue reached a record $1.59 billion, a year-on-year increase of 61%, achieving double-digit year-on-year growth for 23 consecutive quarters; Internet of Things business revenue was $1.83 billion, a year-on-year increase of 9%.Qualcomm expects adjusted earnings per share for Q4 to be between $2.05 and $2.25, below analysts' expectations of $2.36. CEO Cristiano Amon stated that revenue from Apple will enter a phase of accelerated decline, and due to supply chain constraints, Qualcomm's component share in the next-generation iPhone is "far below the previously estimated 20%." To cope with the contraction of its Apple business, Qualcomm is accelerating its diversification transformation, expecting its data center business to achieve approximately $5 billion in revenue by fiscal year 2027, and has completed the acquisition of AI software company Modular. Qualcomm plans to adjust prices for some products starting September 1 to address rising costs across the entire supply chain.

Meta released its Q2 2026 financial report, with revenue of $60.8 billion, a year-on-year increase of 28%, slightly above the market expectation of $60.3 billion; net profit of $15.85 billion, a year-on-year decrease of 14%; earnings per share of $6.18, a year-on-year decrease of 13%. Advertising revenue was $59.36 billion, a year-on-year increase of 27%, with ad impressions increasing by 14% and average price rising by 12%. Operating profit decreased by 8% year-on-year to $18.78 billion, and the operating profit margin fell from 43% to 31%. Total costs and expenses surged by 55% year-on-year to $42 billion, which includes $2.4 billion in legal litigation expenses and $1.18 billion in layoff costs.The revenue guidance for Q3 is $61 billion to $64 billion, with a midpoint of $62.5 billion, below the market expectation of $63.2 billion. The full-year capital expenditure guidance has been adjusted from $125 billion to $145 billion to $130 billion to $145 billion. Free cash flow was only $784 million, significantly shrinking year-on-year, reaching a nearly four-year low. Meta also narrowed its full-year expense guidance for 2026 to $165 billion to $169 billion, maintaining the expectation of "operating profit above 2025." Zuckerberg stated, "AI is accelerating our core business, and the results are beginning to show." After the financial report was released, Meta's after-hours stock price briefly fell over 10%.

Microsoft released its Q4 fiscal year 2026 financial report, with revenue of $90 billion, a year-on-year increase of 18%, exceeding market expectations of $87.7 billion; adjusted earnings per share of $4.74, a year-on-year increase of 23%, which is 11.5% higher than expected; operating profit of $40.6 billion, a year-on-year increase of 18%. Intelligent cloud revenue was $39.3 billion, a year-on-year increase of 32%, with Azure and other cloud services revenue growing by 43%, significantly higher than the market expectation of 39.6%. Total revenue from Microsoft Cloud was $59.3 billion, a year-on-year increase of 27%. CEO Satya Nadella disclosed that Azure's annual revenue has surpassed $100 billion for the first time, and paid users of Microsoft 365 Copilot exceeded 30 million.In terms of capital expenditure, the fourth quarter's property and equipment acquisition expenditure was $35.8 billion, a year-on-year increase of approximately 110%; total capital expenditure including finance leases was $41 billion, a year-on-year increase of 70%, but lower than the market expectation of $42.5 billion. The remaining performance obligations (RPO) for cloud business surged 84% year-on-year to $678 billion, about twice the annual revenue. Microsoft disclosed in a regulatory filing that new unexecuted data center lease commitments in the fourth quarter exceeded $130 billion, with the total unexecuted lease commitments increasing by 67.4% quarter-on-quarter to $329.1 billion. Annual revenue was $331.8 billion, a year-on-year increase of 18%; net profit was $133.7 billion, a year-on-year increase of 31% (GAAP).

According to Jinshi reports, Meta Platforms' Reality Labs revenue for the second quarter was $431 million, exceeding market expectations of $428.7 million; the operating loss was $4.62 billion, also higher than the market expectation of $4.45 billion.

According to Jinshi reports, Microsoft's fourth fiscal quarter revenue growth for AZURE and other cloud services, excluding the impact of exchange rates, increased by 43%, exceeding market expectations.

According to Jinshi, Meta Platforms expects third-quarter revenue to be between $61 billion and $64 billion, with analysts estimating it at $63.17 billion.

According to DefiLlama data, the Ethereum chain random NFT acquisition protocol Fake World Assets, developed by the two-person team Token Works, surpassed the daily revenue of Collector Crypt on Solana within four days of its relaunch on July 20.On July 25, the peak daily revenue reached $447,604, with total fees of $1.6 million, and approximately 90,000 transactions including about 35,000 draws, with a trading volume of around 2,000 ETH. After that, activity declined, with revenue in the past 24 hours dropping to $167,869, ranking second in daily revenue among Ethereum protocols, only behind Sky ($464,303), and ahead of Aave ($105,282) and Uniswap ($76,028).In this protocol, depositors list NFTs along with their pledged ETH collateral (similar to Uniswap V2 trading pairs), where the collateral determines the weight of each NFT and provides depositors with irrevocable continuous bids to reacquire the NFT. Anyone can pay the acquisition price generated by the liquidity pool to obtain a randomly selected NFT.The pool has accumulated over 1,500 NFTs including CryptoPunks, with randomness provided by Chainlink VRF. The token emission incentives expire 15 days after launch, and daily fees have decreased by about half from their peak. Collector Crypt on Solana remains the leader in this sector, with users spending over $209 million on its card packs in June alone.

Visa announced its third-quarter financial report for fiscal year 2026, with revenue of $11.6 billion, a year-on-year increase of 14%. Payment transaction volume, cross-border transaction volume, and processed transactions all achieved double-digit growth. In the earnings call, Visa outlined its stablecoin strategy, stating that it is actively investing in various levels of the stablecoin stack, including blockchain, issuance, wallets, infrastructure, and applications. The company announced its membership in the OpenStandard alliance, which plans to issue the OpenUSD stablecoin for global capital flow.The Visa stablecoin platform will provide partners with stablecoin settlement, on-chain wallet-as-a-service infrastructure, and exchange services between fiat and stablecoins, initially supporting OpenUSD. The platform will also integrate with Pismo to provide tokenized deposit support for financial institutions and plans to introduce third-party tokenized deposit infrastructure providers in the future. Visa views stablecoins and AI as complementary technologies, believing that "agent commerce will expand the reachable market and drive future growth." Cross-border transaction volume increased by 13% year-on-year, while processed transaction volume grew by 10%.

SK Hynix released its Q2 2026 financial report, with revenue of 79.3 trillion Korean won (approximately 52.9 billion USD), a year-on-year increase of 257% and a quarter-on-quarter increase of 51%; operating profit of 60.5 trillion Korean won (approximately 40.3 billion USD), a year-on-year increase of 557% and a quarter-on-quarter increase of 61%, with an operating profit margin of 76%; net profit of 93.9 trillion Korean won (approximately 62.6 billion USD), with a net profit margin of 118%, which includes a one-time gain of approximately 62.2 trillion Korean won from the sale of Kioxia shares. The cumulative revenue for the first half of the year has surpassed 100 trillion Korean won for the first time. Although the performance set a new historical high for a single quarter, it fell short of market expectations for revenue of 83.9 trillion Korean won and operating profit of 64.2 trillion Korean won, leading to a drop of over 5% in ADR after the financial report was released.The growth in performance is driven by the increase in both volume and price of high-performance AI products (HBM, eSSD, etc.). HBM4 has begun mass production and shipment in Q2, with plans to expand production in the second half of the year; samples of HBM4E have been delivered. The company has finalized long-term supply agreements (LTA) with about 10 customers, securing approximately 50% of sales volume. As of the end of the quarter, cash and cash equivalents reached 88 trillion Korean won, with a net cash position of 69.4 trillion Korean won. The company expects capital expenditures in 2026 to reach the upper end of the 40-50 trillion Korean won range and is advancing the mass production of the Cheongju M15X and the construction of the Yongin cluster.

According to Gate market data, Seagate Technology's stock rose over 8% in after-hours trading, with its revenue guidance exceeding market expectations.

GLC Research stated on X that Hyperliquid's "priority fee" mechanism has achieved great success, having generated over $5 million in revenue to date.Based on the average levels over 14 days and 30 days, the annualized buyback scale supported by this revenue has exceeded $30 million, accounting for about 7% of HYPE's total revenue. Considering that the "priority fee" is still in a very early stage, this figure is expected to continue to grow, with the annualized scale of this revenue likely to reach between $50 million and $100 million by the end of the year.

According to Bitcoin News, MARA Holdings CEO Fred Thiel stated that the revenue generated per unit of electricity by AI data centers is higher than that of Bitcoin mining.