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Calcbench: 72 percent of S&P 500 companies reported adjusted earnings in 2025, pushing non-GAAP net income higher than “traditional” GAAP net income by $271 billion

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Adjustments to earnings remain widespread across Corporate America. S&P 500 companies routinely report “adjusted earnings.” Just how much companies are adjusting, and the substance of those adjustments, are the subject of a comprehensive annual Non-GAAP Reconciliations Report from Calcbench, in collaboration with Suffolk University’s Sawyer Business School

NEW YORK, July 16, 2026 /PRNewswire-PRWeb/ — Calcbench, a leading interactive platform for financial data from SEC filings, in collaboration with Suffolk University’s Sawyer Business School, today released its most comprehensive study to date on non-GAAP adjustments companies make to corporate earnings.

The study identified 361 S&P 500 companies that adjusted their net income or EPS figures for their fiscal year 2025 earnings. In total, the firms reported adjusted net income that was $271 billion higher than “traditional” net income as defined by Generally Accepted Accounting Principles (GAAP).

Eighty-seven percent of firms had adjusted net income that was higher than GAAP net income, and some firms (AbbVie, Broadcom, Capital One, General Motors, and Pfizer among them) reported adjusted net income that was multiple times higher than GAAP net income. Those companies’ adjustments were so substantial that they contributed materially to the $271 billion in total non-GAAP adjustments across the whole S&P 500.

This marks the fifth year that Calcbench and Suffolk University have collaborated to examine how the largest U.S. public companies adjust their U.S. Generally Accepted Accounting Principles (GAAP) figures to measure profitability. One of the most notable findings from this year’s research was a significant shift in adjustments related to gains and losses on investments. In 2025, companies’ total adjustments for investments were negative $7.9 billion (meaning companies removed investment gains from their adjusted income figures), which was a $33.5 billion swing from the positive $26.5 billion reported in 2024.

“The removal of gains and losses from investments begs the question of exactly how big these corporate investment portfolios are becoming,” says Pranav Ghai, Co-Founder and CEO of Calcbench. “But analysts and investors still need to assess whether these non-GAAP adjustments provide a clearer picture of earnings.”

“Whether or not you believe the adjustments are warranted, analyzing non-GAAP remains a critical part of understanding management’s perspective of company performance,” says Tracey Riley, Interim Dean of Suffolk University’s Sawyer Business School. “Suffolk University’s Sawyer Business School Winterns’ work spanned multiple courses, where they collected and reviewed data, and conducted in-depth analyses of the adjustments.”

Click here for the full Non-GAAP report.

Calcbench is a financial data platform designed for outperformance. Founded in 2011, the company uses the latest technology to offer instant and systematic access to all the data (numbers and text) in financial statements, including the details hidden within the footnotes. Developed by former analysts and supported by a team of financial experts, Calcbench was built for data analysts looking to go deeper. Visit http://www.calcbench.com to learn more.

Suffolk University’s Sawyer Business School offers a rigorous business education—with purpose. The school occupies an unrivaled position at the nexus of Boston’s private, public, and nonprofit sectors. Our learners enjoy unparalleled access to the city’s financial and innovation clusters, seats of government, nonprofit organizations and world-class healthcare institutions. Leveraging our distinctive location, multidisciplinary programs, world-renowned faculty, and immersive educational experiences, we empower our graduates to become innovative change agents who positively impact society at the local, national, and international levels.

Media Contact

Samantha Berg, Calcbench, 1 9175334622, samantha@calcbench.com, calcbench.com 

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SOURCE Calcbench

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Stand8 Expands Nearshore Operations for 24×7 Enterprise IT Support

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Mexico-based delivery teams give large enterprises U.S.-aligned coverage, multilingual support, and scalable service operations

LOS ANGELES, Sept. 25, 2026 /PRNewswire/ — Stand8, a global technology consulting and services leader, today announced the expansion of its nearshore operations in Mexico to support large enterprise clients with 24×7 Service Desk, Network Operations Center, and technology operations services. The model combines specialized bilingual professionals with Stand8’s people-first, white-glove approach and integrates into clients’ existing platforms, service levels, and governance models.

Enterprises need dependable coverage across time zones, consistent service experiences, and the flexibility to scale when business demand changes. Stand8’s nearshore model extends internal teams with professionals aligned to U.S. operating hours and able to support global schedules as needed. The result is greater responsiveness, less pressure on onshore teams, and more predictable service delivery without sacrificing visibility or control.

“Enterprise support should feel seamless to end users and dependable to the leaders accountable for it,” said Bryce Prunty, Executive Vice President at Stand8. “Our Mexico operation gives clients access to specialized people and continuous coverage aligned to their business, with the governance, transparency, and high-touch service needed to operate at scale.”

Enterprise Nearshore Support Built to Scale

24×7 Service Desk and NOC coverage aligned to U.S. and global operating hoursDirect integration with enterprise platforms and client-specific tools, workflows, and reportingEscalation coordination and service delivery aligned to client SLAs and governanceScalable teams that can expand with volume, geography, or new operational needs

Stand8 is already applying the expanded Mexico operation in complex enterprise environments. Current engagements include 24×7 multilingual Service Desk support for leading global media and entertainment organizations and 24×7 NOC managed services for a global communications infrastructure provider. In each case, Stand8 teams work within established client workflows, tools, escalation paths, and operating requirements.

Clients can add adjacent capabilities as their needs evolve while maintaining a consistent delivery relationship.

About Stand8

Stand8 is a global technology consulting and services leader that helps businesses transform and scale through tailored IT solutions. With a 99% client retention rate and more than 15 years of results, Stand8 integrates seamlessly into client operations while delivering secure, compliant, and personalized technology services.

For more information, visit stand8.io.

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SOURCE Stand 8

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LUG Sports Group Named One of Canada’s Top Growing Companies for Second Consecutive Year

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TORONTO, Sept. 25, 2026 /CNW/ — LUG Sports Group Inc. (“LUG”), one of North America’s largest recreational sports leagues, announced today that it has ranked No. 146 out of 375 companies on the 2026 Report on Business magazine’s list of Canada’s Top Growing Companies. This marks LUG’s second straight year on the list. LUG also was ranked No. 5 on the Arts, Entertainment, and Recreation list.

Canada’s Top Growing Companies ranks Canadian businesses on three-year revenue growth. LUG earned its spot with a 174% growth rate over the past three years and a 239% growth rate over five years.

LUG reimagines recreational sports for college students and young adults, running leagues in hockey, women’s hockey, flag football, softball, soccer, lacrosse and pickleball. Every league is built around pro-level energy, standout content, and a community that extends well beyond game day. With more than 150,000 players all time across 85+ cities, LUG is North America’s go-to destination for adult and college social sports leagues.

“Making this list once was a milestone. Making it two years in a row is validation in the consistency of what we are trying to create,” said Ethan Wright and Ray Abramson, Presidents and Co-Founders of LUG Sports. “For more than a decade, we’ve grown LUG across college campuses and cities with one goal: give every player a premium, social sports experience that makes the average joe feel like a pro. This recognition belongs to our players, our community, and our HQ team that keeps raising the bar.”

With an expanded head office team and scalable infrastructure in place, LUG is well positioned to continue driving their brand in the fragmented adult sports market. As AI becomes increasingly embedded in everyday life, the value of real-world experiences, genuine connection, and community will only grow. LUG creates that “third space” for Millennials and Gen Z today, with Gen Alpha not far behind, positioning the brand to lead the next generation of social sports.

About LUG Sports Group

LUG Sports Group Inc. is one of North America’s largest recreational sports leagues, with more than 25,000 active players across 85+ cities. LUG builds sports programs for college students, with active leagues at 100+ campuses, before transitioning players into adult programming.

View original content to download multimedia:https://www.prnewswire.com/news-releases/lug-sports-group-named-one-of-canadas-top-growing-companies-for-second-consecutive-year-302890476.html

SOURCE LUG sports Group Inc

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AI Apps and Agents Are Taking Off. Gen Can Help People Understand What Happens to Their Data.

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Gen data shows nearly 1/3 of people use AI apps and agents, as the company expands its Agent Trust Hub with the new AI Data Checker

MOUNTAIN VIEW, Calif., Sept. 25, 2026 /PRNewswire/ — AI is moving beyond answering questions. Increasingly, people are asking AI to act on their behalf, from researching purchases and planning trips to managing everyday tasks and handling their finances. New telemetry from Gen (NASDAQ: GEN) shows just how quickly that shift is happening, with nearly one in three desktop users now interacting with agentic AI services.

Today, Gen is responding to that shift with the beta launch of AI Data Checker, developed by the Gen AI Foundry, the company’s hub for emerging AI innovation. The latest tool from its Agent Trust Hub, AI Data Checker is designed to make it easier for people to understand how popular AI apps and agents handle their data. 

As AI becomes more capable, people are also being asked to place more trust in it. Agents are increasingly accessing personal information, preferences, browsing activity, or other data to complete tasks. Yet it is not always easy for people to understand what information an AI service collects, how that information may be used, or what choices they have.

Gen created the Agent Trust Hub (ATH) to close that gap, giving people greater visibility, understanding and control as they use AI assistants and agents. Since launching in February, the ATH has expanded to include VPN for Agents, the industry’s first AI-native VPN purpose-built for autonomous agents, and Sage, the first consumer agentic security layer available through Norton AI Agent Protection in Norton 360.

With AI Data Checker, Gen is expanding that work from protecting how agents operate to helping people better understand the data relationship behind the AI tools they use.

Making AI privacy easier to understand
The AI Data Checker brings information about AI data practices into one place, helping people explore what different AI services may collect and how their information may be used.

People can simply enter their email or username, and the AI Data Checker will provide a list of connected AI apps and services the person uses. The tool also scans for non-AI accounts where you may have connected and potentially shared personal information. From there, people can see what information or data the service collects, whether information may be used to improve or train AI models, how long information may be retained, and what privacy controls are available.

Rather than expecting people to read lengthy privacy policies or become experts in AI data practices, the AI Data Checker is intended to give them a clearer starting point.

“AI is becoming much more personal because we’re asking it to do more for us,” said Howie Xu, Chief AI & Innovation Officer at Gen. “That can be incredibly useful, but people should understand what they’re giving an AI access to in return. The AI Data Checker is about making that easier to see, so people can make choices about the AI tools they use with more confidence.”

From understanding AI to protecting people using it
Visibility is just one part of building trust in AI, but it needs to go hand-in-hand with protection. Gen’s family of brands already offer a number of products that protect against AI scams and the dangers of agentic AI, including Norton Genie Scam Detector, Norton AI Agent Protection, Deepfake Detection in the Norton and Avast brands, and other products and features. That protection is expanding as people look for AI assistants they can trust with more of their digital lives. The new Norton Family Assistant, for example, is a private AI assistant, supported by Norton technology, that can handle tasks with your permission and manage your digital life.

Gen also offers those who are interested to sign up for early access to upcoming products and services designed to address some of the emerging concerns as people increasingly rely on AI assistants and agents.

The AI Data Checker is available now at https://ai.gendigital.com/ where you can also sign up for early access to Gen’s tools designed to help people live fearlessly in the AI world. 

About Gen
Gen (NASDAQ: GEN) is a global company dedicated to powering Digital Freedom through its trusted consumer brands including Norton, Avast, LifeLock, MoneyLion and more. The Gen family of consumer brands is rooted in providing financial empowerment and cyber safety for the first digital generations. Today, Gen empowers people to live their digital lives safely, privately and confidently for generations to come. Gen brings award-winning products and services in cybersecurity, online privacy, identity protection and financial wellness to millions of people in more than 150 countries. Learn more at GenDigital.com.

About Gen AI Foundry
Rooted in Gen’s commitment to safety and transparency, the Gen AI Foundry is the engine behind its most recent AI innovations, from AI-powered security experiences to autonomous financial helpers and identity agents. It also serves as the place where core trust infrastructure is developed and operationalized, including the Agent Trust Hub, extending protection across the agent lifecycle from verification to execution. Here, Gen’s AI strategy becomes real through visible ventures, prototypes, working products, partnerships and an open ecosystem designed to shape and secure the AI era with and for both people and agents. 

Media Contact
Brittany Posey
Gen
Press@GenDigital.com

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SOURCE Gen Digital Inc.

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