The extent of damage to the Syrian military base in Ash Sha'irat in the Homs province as a result of the US missile attack is less than it was estimated promptly right after the strike, a base employee told Sputnik on Friday.| Sputnik International
(Members can get an extended version of the post here or a PDF of this post here). 2Q25 Update. RH reported 2Q25 and revenues grew +8% y/y, down from the +12% y/y they did last Q. This isn’t surprising given this is the first full quarter that the tariffs impacted operations. In the letter they note […]| Speedwell Research
Note: We just wanted to provide a short update on CPRT, but big picture not much has changed from our update last quarter. You can find a PDF here. 2Q25 Summary. Copart reported fiscal 4Q25, and the stock dropped -3% the following day. The stock is now down -23% from peak. This was another lackluster […]| Speedwell Research
Note: We just wanted to provide a short update on CSU, but big picture not much has changed! We provide some commentary on the quarter and their business developments below. We will provide a longer update once there is more to talk about, or at the end of the year (whichever happens first). 2Q25 Summary. […]| Speedwell Research
(Members can download a PDF of this post here) 2Q25 Business Update. Perimeter reported 2Q25 and their revenues were up +28% y/y to $163mn. Their Fire Safety Segment grew +22% y/y to $120mn, with t…| Speedwell Research
Welcome to Speedwell Research’s Newsletter. We write about business and investing. Our paid research product can be found at SpeedwellResearch.com. You can learn more about us here. This is a new c…| Speedwell Research
(Speedwell Members click here for an extended version of this post or here for a PDF) 2Q25 Earnings. Axon reported 2Q25 earnings and the stock was up +17% the next day. Axon’s results marked the 14th consecutive quarter of 25%+ growth and 6th quarter of 30%+ growth. Total revenue growth improved sequentially to +33% y/y […]| Speedwell Research
(Speedwell Members click here for an extended version of this post or find a PDF here.) 2Q25 Earnings Update. Coupang reported 2Q25 earnings and net revenues grew +16% y/y, or +19% y/y on a FXN basis. Gross profits grew +20% y/y or +22% y/y FXN. As they shift more commerce from First-Party (or 1P, where […]| Speedwell Research
(Speedwell Members please click here for an extended version of this post and here for a PDF version ) 2Q25 Update. AppFolio reported 2Q25 and the stock is up +16%. (It is now up 55% since we published our original research report in May, so we will update the valuation below). Revenues reaccelerated 300bps […]| Speedwell Research
(Speedwell Members click here for an extended version of this post and for a PDF click here) 2Q25 Update. FND reported 2Q25 and the stock was up 3% after hours. Net revenues increased +7% y/y to $1…| Speedwell Research
(Speedwell Members please click here for the full post or here for the PDF). 2Q25 Earnings Update. Meta reported a very strong 2Q25 and the stock popped +10% after hours. Revenue reaccelerated +22%…| Speedwell Research
2Q25 Business Recap. Revenue growth accelerated +15% y/y, up 300bps from last quarter. Net new bookings hit a record $93mn (+65% q/q), driven by broad strength across their segments. This marks the…| Speedwell Research
(Speedwell Members can access a full version of this post here and a PDF here) 2Q25 Update. Looking at this quarter’s growth of +3.1% y/y versus last quarter’s +3.9% y/y, it may not seem like much …| Speedwell Research
(Speedwell Members click here for a members version of this post here or download a PDF of it here) 1Q25 Financials. Net revenues were +11% or +21% y/y on a FX-neutral basis. Gross profit margins i…| Speedwell Research
We are rolling out a new post format. Most companies do not have much change quarter to quarter and so rather than make each update 2-3k words, as we have in the past, we will publish shorter updat…| Speedwell Research
We are rolling out a new post format. Most companies do not have much change quarter to quarter and so rather than make each update 2-3k words, as we have in the past, we will publish shorter updat…| Speedwell Research
(Speedwell Members can find a subscriber version of this post here.) 4Q24 Business Commentary. Coupang reported 4Q24, closing another year of strong growth and further entrenching their dominance a…| Speedwell Research
(Speedwell Members can download a PDF of this update here. Click twice if you aren’t logged in). Business Commentary. Dream Finders Homes reported 4Q24, closing another strong year. Whereas many wo…| Speedwell Research
(If you are a Speedwell Member, click here to get the full version of this post) 2Q25 (Calendar 4Q24) Business Commentary. Copart reported another strong quarter, showing progress on their internat…| Speedwell Research
4Q Business Commentary. Floor & Decor reported 4Q24 earnings and after an extreme after-hours move (+13%) it closed the following day +2%. Overall 4Q revenues grew +5.7% y/y and they opened 10 …| Speedwell Research
(If you are a Speedwell Member, click here to get the full version of this post) 4Q24 Update. PRM reported 4Q24 and the stock dropped 15% over the next couple days. While it is always hard to under…| Speedwell Research
4Q24 Update. CoStar Group grew +10% y/y, down slightly from last quarter’s growth rate of +11% y/y. This marks their 55th consecutive quarter of double digit revenue growth. This quarter was genera…| Speedwell Research
We are thrilled to announce the release of our podcast with Evolution’s Chief Product Officer Todd Haushalter. Find it on Apple, Spotify, or wherever else you listen to your podcasts. Listen on Spo…| Speedwell Research
4Q24 Update. (Speedwell member, please click here for a members version of this post.) Airbnb reported 4Q24 and the stock was up +15%. If you recall, over the past couple of quarters Brian Chesky a…| Speedwell Research
Intro. “When people compete, somebody loses. So go where you’re the only one. Do what only you can do. Run a race with yourself.” – Peter Thiel If you were taking a test and didn’t know the a…| Speedwell Research
Before we get to the update, we have a very exciting announcement! Evolution’s Todd Haushalter will be on The Synopsis Podcast! We are very excited to announce that Todd Haushalter will be fe…| Speedwell Research
Welcome to Speedwell Research’s Newsletter. We write about business and investing. Our paid research product can be found at SpeedwellResearch.com. You can learn more about us here. This is a new c…| Speedwell Research
Welcome to Speedwell Research’s Newsletter. We write about business and investing. Our paid research product can be found at SpeedwellResearch.com. You can learn more about us here. We will …| Speedwell Research
Welcome to Speedwell Research’s Newsletter. We write about business and investing. Our paid research product can be found at SpeedwellResearch.com. You can learn more about us here.  …| Speedwell Research
Welcome to Speedwell Research’s Newsletter. We write about business and investing. Our paid research product can be found at SpeedwellResearch.com. You can learn more about us here. There is…| Speedwell Research
Discover the best second citizenship options available, exploring their unique benefits, requirements, and lifestyle enhancements.| CS Global Partners Limited
It wasn’t born with 7-hour delivery, box-less returns, or 21 million active customers in a country of 22mn households. It started with impulsion, countdown clocks, and one of the most copied busine…| Speedwell Research
Junkyards, wrecked cars, a duopoly, 30% operating margins, and two self-made billionaires: this is the story of Copart. From a single salvage yard in California to a global facilitator of over 3mn …| Speedwell Research
