However, non-GAAP financials are still governed by the SEC. In fact, the SEC has taken action in the past against companies that it believes are being too aggressive with non-GAAP numbers.

Non-GAAP serves a critical role for management communication, but it cannot replace the tough record-keeping qualities of GAAP. Managements have been well incentivized to use non-GAAP since the ...

Atlassian's Q4 FY25 results beat expectations, with 22% YoY revenue growth and strong Cloud segment performance. Read why ...

Review non-GAAP measures in SEC filings to make sure they are not presented with greater prominence than the comparable GAAP measure in light of the new examples provided by the SEC staff in ...

Key Points GAAP revenue of $37.2 million missed expectations by 2.3% in Q2 2025. Acute Care segment revenue surged 55.5%, while Oncology segment revenue declined 9.0%. Full-year 2025 adjusted EBITDA ...

Non-GAAP financial measures are used as a “complement,” like bread and butter, to supplement the earnings reported under GAAP. Because GAAP does not permit their inclusion in reported financial ...

That's why when looking at S&P 500 earnings, we only care about GAAP numbers. Non-GAAP numbers don't provide a clear (if any) indication of the true financial state of the company.

Non-GAAP earnings eliminate various one-time items (restructuring costs, impairment charges), which by their erratic occurrence detract from the consistency of GAAP earnings.

IMGCAP (1)]The regulatory focus has sharpened recently on non-GAAP measures, by which I mean financial metrics, presented by companies outside the audited financial statements, that do not conform to ...

Key Points GAAP revenue for Q2 2025 was $294 million, beating analyst expectations by $18.1 million, or 6.6%. Adjusted EPS was $0.20 for Q2 2025, topping the non-GAAP estimate of $0.17. Management ...

Asking the external auditors what their responsibilities are for non-GAAP measures, and whether that responsibility is different depending on where non-GAAP measures are presented.