Dafinchi AI

ROKU

Technology

2w

Strategic Focus on Platform Revenue Growth and Diversification

Roku's strategy to grow platform revenue has been in place for 18 months, focusing on diversification and execution.
Q2 platform revenue grew 18% YoY, driven by ad demand, new products like Roku Ads Manager, and acquisition of Frndly.
Management emphasizes that the strategy is starting to show results, with expectations of sustained double-digit growth and profitability improvements.

Unity Software Inc.

U

Technology

2w

Financial Performance Summary

Adjusted EBITDA margin was 21%, reflecting continued operating leverage from faster revenue growth and cost controls.
Cash balance stood at $1.7 billion with convertible debt at $2.2 billion, providing a flexible capital structure.
Create segment revenue was $154 million, up 2% year-over-year and sequentially, with double-digit subscription growth and 16% year-over-year growth excluding nonstrategic revenues.
Grow segment revenue was $287 million, down 4% year-over-year but up 1% sequentially, driven by strong performance from the Unity Ad Network powered by Vector.
Record free cash flow of $127 million was achieved, improving $47 million year-over-year, supported by strong profitability and timing of publisher payments.
Unity exceeded the top end of guidance in Q2 2025 with revenue surpassing expectations by $16 million and adjusted EBITDA by $15 million.

AVT

Technology

1w

Asia's Double-Digit Growth and Market Leadership

Asia delivered 18% year-over-year growth in Q4, continuing four consecutive quarters of growth.
Management expressed confidence in Asia's continued strong performance and its role in leading the company's recovery.
Asia's growth has significantly impacted the overall revenue mix, increasing its share from 41% to 48%.
The team remains committed to expanding Asia's market share without sacrificing margins, which have been held steady.

The Trade Desk, Inc.

TTD

Technology

1w

AI-Driven Platform Kokai and Performance Improvements

Kokai, the company's most significant platform upgrade, leverages advanced AI technology called Koa to enhance ad campaign performance.
Clients adopting Kokai have seen a 43% improvement in audience targeting (Samsung in Europe) and a 73% reduction in cost per acquisition (Cashrewards in Asia).
Overall, campaigns in Kokai are outperforming legacy campaigns by more than 20 points on key KPIs, with about 75% of client spend now running through Kokai.
Management expects full adoption of Kokai by all clients by the end of 2025, emphasizing its central role in future growth.
The company has developed distributed AI systems that enable rapid iteration and innovation, with plans to expand AI capabilities to real-time, agentic campaign management.

Roper Technologies, Inc.

ROP

Technology

1mo

Subsplash Acquisition and Strategic Fit in Faith-Based Market

Acquisition of Subsplash for $800 million, expected to deliver $115 million revenue and $36 million EBITDA in 12 months ending Q3 2026.
Subsplash serves 20,000 faith-based organizations, providing digital engagement, church management, and integrated giving solutions.
The platform is AI-enabled, cloud-native, and targets a $2.5 billion TAM with significant international expansion potential.
Management expects high teens revenue growth and margin improvements over 3-5 years, with EBITDA growth converting to high 20s%.
The acquisition aligns with Roper’s strategy of investing in maturing leader businesses with high organic growth and margin expansion.

Palo Alto Networks, Inc.

PANW

Technology

1d

Financial Performance Summary

Diluted non-GAAP EPS was $0.95, ahead of guidance.
Free cash flow margin was 38% for the third consecutive year, with $3.5 billion free cash flow generated in FY25.
Next-Generation Security ARR reached $5.58 billion, up 32% year-over-year, with net new ARR up 12%.
Operating margins expanded by 340 basis points to above 30% for the first time in company history.
Product revenue grew 19%, driven by software form factors, while services revenue grew 15%, with subscription revenue up 17%.
RPO grew 24% year-over-year to $15.8 billion, the highest growth in 7 quarters.
Software firewalls and SASE showed strong ARR growth, with software ARR up nearly 20% year-over-year.
Total revenue for Q4 FY25 was $2.54 billion, growing 16% year-over-year, exceeding the high end of guided range.