Reports

Alphabet delivered solid results with double-digit revenue and net income growth, driven by strong performance in Google Services and Google Cloud.

• Revenue rose to $96.43B, a 14% increase from last year.
• Net income reached $28.20B with EPS at $2.31.

Tesla posted $22.5B in revenue and $1.17B net income in Q2 2025, driven by early Robotaxi service rollout, strong energy deployments, and improved operational efficiency despite macroeconomic uncertainty.

• First Robotaxi service launched in Austin with initial autonomous delivery completed.
• Net income reached $1.17B with diluted EPS of $0.33 (non-GAAP EPS $0.40).

IBM exceeded expectations in Q2 2025 with robust revenue growth, margin expansion, and strong free cash flow, boosted by accelerating generative AI demand.

• Revenue rose to $17.0B, driven by software and infrastructure growth
• Net income increased to $2.2B with EPS of $2.31

T-Mobile delivered its best-ever Q2 performance in total postpaid and postpaid phone net customer additions, alongside industry-leading postpaid net account additions and 5G broadband net customer additions. This strong customer growth translated into industry-best service revenue growth, record net income, and robust Adjusted Free Cash Flow, reinforcing its position as a network leader.

• Achieved best-ever Q2 postpaid net customer additions of 1.7 million and postpaid phone net customer additions of 830 thousand.
• Reported highest-ever net income of $3.2 billion, a 10% year-over-year increase.

ServiceNow exceeded guidance in Q2 2025 with strong subscription revenue growth, record RPO, and expanding AI-driven adoption.

• Subscription revenues reached $3.113 billion, driven by strong demand for AI-powered solutions.
• Net income rose to $385 million, reflecting improved operational efficiency.

AT&T delivered strong Q2 2025 results, driven by solid mobility and fiber subscriber growth, higher service revenues, and improved profitability.

• Revenue rose to $30.8 billion, supported by mobility and fiber growth.
• Net income reached $4.9 billion, reflecting strong operational performance.

Thermo Fisher Scientific delivered a strong second quarter in 2025, with revenue increasing by 3% to $10.85 billion and GAAP diluted EPS growing by 6% to $4.28. The company demonstrated excellent operational performance, driven by its PPI Business System, and continued to advance its growth strategy through innovation and strategic partnerships, despite a slight dip in adjusted EPS.

• Second quarter revenue increased by 3% to $10.85 billion, up from $10.54 billion in the prior year.
• GAAP diluted EPS grew by 6% to $4.28, compared to $4.04 in the second quarter of 2024.

Boston Scientific delivered a strong Q2 2025 with revenue surpassing $5 billion, driven by significant growth in the Cardiovascular segment. GAAP net income more than doubled year-over-year, and adjusted EPS exceeded guidance.

• Revenue grew 22.8% year-over-year to $5.06 billion.
• GAAP net income rose to $797 million, more than doubling from last year.

NextEra Energy delivered strong Q2 2025 results with adjusted EPS up over 9% year-over-year, driven by clean energy growth and new project additions.

• Adjusted EPS rose to $1.05 from $0.96 in Q2 2024
• Net income increased to $2.03 billion from $1.62 billion last year

GE Vernova delivered solid Q2 2025 results with revenue and margin growth, strong orders, and raised its 2025 guidance for revenue, EBITDA margin, and free cash flow.

• Revenue grew 11% year-over-year to $9.1B.
• Net income reached $0.5B with a 5.4% margin.

Amphenol delivered record Q2 2025 results, with sales and adjusted EPS exceeding the high end of its guidance. Strong organic growth across all end markets and its acquisition program drove profitability.

• Record sales of $5.65 billion
• GAAP EPS of $0.86; adjusted EPS of $0.81

CME Group delivered all-time high financial results in Q2 2025, driven by record trading volumes and strong demand for benchmark futures and options.

• Revenue reached a record $1.7 billion.
• Net income climbed to $1.0 billion.

Fiserv delivered 8% organic revenue growth in Q2 2025, driven by strong performance in Merchant and Financial Solutions segments. GAAP EPS rose 22%, and adjusted EPS increased 16%.

• Organic revenue grew 8% in Q2 2025.
• GAAP EPS increased to $1.86, up 22% YoY.

Moody’s delivered higher revenue and earnings in Q2 2025, supported by growth in Moody’s Analytics and disciplined cost management, despite flat performance in Moody’s Investors Service.

• Revenue grew 4% year-over-year to $1.9 billion
• Adjusted operating margin expanded to 50.9%

O'Reilly Automotive delivered strong Q2 2025 results with record revenue, higher EPS, and improved net income margins, supported by solid growth in both professional and DIY segments.

• Revenue grew to $4.53B, up from $4.27B last year
• Comparable store sales increased 4.1%

General Dynamics delivered solid Q2 2025 results, with higher revenue, EPS, and a strong backlog driven by robust order activity in Marine and Aerospace segments.

• Revenue grew to $13 billion, up from $11.98 billion last year
• Net income reached $1.01 billion, with EPS of $3.74

Infosys posted revenue of $4.94 billion and net income of $809 million for Q1 FY26, supported by large deal wins and stable operating margins.

• Revenue grew to $4.94 billion, up from $4.71 billion last year.
• Net income increased to $809 million, reflecting solid profitability.

Chipotle delivered $3.1B in revenue, driven by new restaurant openings, but comparable sales fell 4%. Net income declined to $436.1M as operating margins compressed, though digital sales remained strong at 35.5% of revenue.

• Total revenue rose 3% to $3.1B, driven by 61 new restaurant openings.
• Comparable restaurant sales declined 4% due to lower transactions.

CSX posted Q2 2025 revenue of $3.57B and net income of $829M, with EPS at $0.44. Operating income declined year-over-year, but sequential improvements in network fluidity and cost efficiency were noted.

• Revenue decreased due to lower export coal prices and reduced merchandise volume
• Net income was $829M with EPS at $0.44

Hilton delivered solid earnings with higher net income and adjusted EBITDA, while system-wide RevPAR slightly declined. The company expanded its development pipeline to a record 510,600 rooms, adding 22,600 net new rooms in the quarter.

• Net income rose to $442 million, up from $422 million last year.
• Adjusted EBITDA increased to $1.008 billion.

Freeport-McMoRan delivered solid quarterly performance, with net income rising to $772M and revenue reaching $7.58B. Copper and gold sales volumes exceeded guidance, driven by favorable pricing and operational improvements.

• Net income rose to $772M with EPS of $0.53
• Copper and gold sales volumes exceeded April 2025 guidance

Waste Connections reported strong Q2 2025 results with revenue of $2.407 billion and net income of $290.3 million. Adjusted EPS reached $1.29, driven by solid waste core pricing growth and improved safety performance. Operating income rose to $459.5 million, and adjusted EBITDA margin improved to 32.7%. The company maintained its full-year outlook, citing a strong acquisition pipeline and robust cash flow generation.

• Revenue increased to $2.407 billion, up from $2.248 billion in Q2 2024
• Net income grew to $290.3 million, with EPS of $1.12

United Rentals delivered $3.94B in revenue and $622M in net income for Q2 2025, driven by growth in specialty rentals and improved fleet productivity. The company raised its full-year guidance and expanded its share repurchase plan by $400M.

• Revenue reached $3.94B, with rental revenue at a record $3.415B
• Net income was $622M with EPS of $9.59 and adjusted EPS of $10.47

Crown Castle delivered solid results in the second quarter of 2025, with net income increasing by 16% year-over-year to $291 million and diluted EPS reaching $0.67. The company's site rental revenues were $1,008 million, and Adjusted EBITDA was $705 million. The strong performance led to an increased full-year 2025 outlook, with organic growth in site rental billings expected to be 4.7% excluding Sprint Cancellations.

• Net income increased by 16% to $291 million in Q2 2025 compared to Q2 2024.
• Diluted EPS rose by 16% to $0.67 in Q2 2025 from $0.58 in Q2 2024.

Otis Worldwide Corporation delivered a solid second quarter in 2025, with net sales of $3.6 billion, flat compared to the prior year. The Service segment was a key driver of performance, achieving 4% organic sales growth and a 20 basis point expansion in operating profit margin. Despite a decline in New Equipment sales, particularly in China and the Americas, the company reconfirmed its 2025 EPS outlook, supported by strong modernization orders and growth in its maintenance portfolio.

• Service net sales increased by 6%, with organic sales growing 4%, demonstrating consistent strength in this segment.
• GAAP EPS decreased by 3% to $0.99, and adjusted EPS decreased by 1% to $1.05, primarily due to non-recurring items and operational performance.

Raymond James delivered $3.40 billion in revenue and $435 million in net income for Q3 2025, supported by record client assets and continued growth in asset management despite a legal reserve impacting earnings.

• Revenue was $3.40 billion, up 5% year-over-year
• Net income was $435 million, impacted by a $58 million legal reserve

Las Vegas Sands posted $3.18B in revenue and $519M in net income for Q2 2025, with Marina Bay Sands delivering record Adjusted Property EBITDA. Shareholder returns included $800M in share repurchases and a $0.25 dividend per share.

• Revenue reached $3.18B, up from $2.76B last year
• Net income grew to $519M versus $424M last year

Rollins delivered double-digit revenue growth in Q2 2025, with net income and EPS improving year over year. Operating cash flow and free cash flow also showed healthy gains, supported by acquisitions.

• Revenue grew to $999,527,000 driven by double-digit growth across service lines.
• Net income rose to $141,489,000 with EPS at $0.29.

Teledyne Technologies delivered record quarterly revenue and earnings in Q2 2025, with strong double-digit EPS growth and broad-based segment expansion.

• Record quarterly revenue of $1.51 billion, up 10.2% year-over-year
• GAAP EPS of $4.43; non-GAAP EPS of $5.20

Northern Trust delivered $2.0B in revenue and $421M in net income, with EPS improving sequentially. Strong capital ratios and share repurchases highlighted confidence, though expenses remained elevated.

• Revenue reached $2.0B on a fully taxable equivalent basis
• Net income totaled $421.3M with EPS at $2.13

SS&C Technologies delivered a strong second quarter in 2025, achieving record adjusted revenues of $1,537.8 million and record adjusted consolidated EBITDA of $600.4 million, both up significantly year-over-year. While GAAP diluted EPS saw a slight decline, adjusted diluted EPS increased by 9.8%, indicating robust underlying operational performance. The company also announced a strategic acquisition of Calastone, expected to expand its global reach and capabilities.

• GAAP revenue for Q2 2025 was $1,536.8 million, marking a 5.9% increase from the previous year.
• Adjusted diluted earnings per share reached $1.45, a 9.8% increase compared to Q2 2024.

Lennox delivered strong second-quarter results, with revenue growing 3% to $1.5 billion and operating income increasing 11% to $354 million. Both GAAP and adjusted diluted EPS rose to $7.82, a 14% increase for adjusted EPS. The company's Home Comfort Solutions and Building Climate Solutions segments both contributed to margin expansion, driven by favorable mix and price benefits. This performance led Lennox to raise its full-year guidance for revenue growth and adjusted earnings per share.

• Revenue increased by 3% year-over-year, reaching $1.5 billion in Q2 2025.
• GAAP diluted EPS and Adjusted diluted EPS both stood at $7.82, with Adjusted diluted EPS up 14% from the prior year.

Teck delivered solid Q2 2025 results with higher revenue and profitability, supported by strong Trail Operations, increased by-product revenues, and a robust liquidity position.

• Revenue increased to CAD 2.02 billion from CAD 1.80 billion last year.
• Net income rose to CAD 206 million, driven by Trail Operations and lower smelter processing charges.

Southwest Airlines posted a $213 million net income for Q2 2025 on $7.24 billion in revenue. While operating income declined year-over-year, new initiatives such as bag fees and a basic economy product began contributing incremental revenue.

• Total operating revenue was $7.24 billion, down 1.5% year-over-year.
• Net income was $213 million, with adjusted net income at $230 million.

PCA delivered solid Q2 2025 results with net income of $242 million and revenue of $2.17 billion. Strong Packaging segment performance and lower fiber costs offset higher maintenance and operating expenses.

• Net income reached $242 million, up from $198.9 million in Q2 2024
• EPS was $2.67, with adjusted EPS of $2.48 excluding special items

Reliance posted $3.66 billion in revenue and $233.7 million in net income for Q2 2025. EPS reached $4.42, driven by strong demand across key end markets and record tons sold. Gross profit remained robust at nearly 30% margin despite mixed pricing trends.

• Net sales were $3.66 billion, up slightly year-over-year
• Net income attributable to Reliance was $233.7 million

Molina Healthcare reported a challenging second quarter in 2025, with GAAP EPS at $4.75 and adjusted EPS at $5.48, both down year-over-year. Despite a 15% increase in premium revenue to $10.9 billion, net income decreased. The company attributed the earnings pressure to a temporary dislocation between premium rates and an accelerated medical cost trend, particularly in behavioral health, pharmacy, and inpatient/outpatient services. Full-year 2025 adjusted earnings guidance was revised downwards to no less than $19.00 per diluted share, though premium revenue guidance of approximately $42 billion was reaffirmed.

• GAAP earnings per diluted share for Q2 2025 were $4.75, an 8% decrease year-over-year.
• Adjusted earnings per diluted share for Q2 2025 were $5.48, a 6% decrease year-over-year.

Rogers delivered solid Q2 2025 results with 2% revenue growth, driven by Wireless, Cable, and Media segments. Adjusted EBITDA rose modestly, but net income fell sharply due to higher restructuring and acquisition costs. Free cash flow was strong at $925M, aided by cost efficiencies and strong operating cash flow.

• Total revenue increased 2% to $5.2B, with Media revenue up 10%.
• Net income dropped 62% to $148M due to higher restructuring and acquisition costs.

Graco Inc. announced mixed results for the second quarter ended June 27, 2025. While net sales increased by 3% to $571.8 million, driven by acquired operations, net earnings decreased by 4% and diluted EPS saw a slight decline of 1%. The company experienced sales growth in EMEA and Asia Pacific, which was partially offset by a decrease in the Americas, particularly in the Contractor segment due to softness in North American construction markets.

• Net sales increased by 3% to $571.8 million, primarily due to a 6 percentage point contribution from acquired operations.
• Diluted net earnings per common share decreased by 1% to $0.76, and net earnings declined by 4% to $127.6 million.

RenaissanceRe posted $826.5 million in net income and $594.6 million in operating income for Q2 2025. The company delivered a 33.7% annualized return on equity, supported by strong underwriting results in the Property segment and solid investment gains.

• Net income available to common shareholders reached $826.5 million with EPS of $17.20:contentReference[oaicite:0]{index=0}
• Operating income was $594.6 million with operating EPS of $12.29:contentReference[oaicite:1]{index=1}

ICON plc delivered solid performance in Q2 2025, with significant growth in gross business wins and a healthy net book-to-bill ratio. While revenue saw a slight decrease year-over-year, net income and adjusted EBITDA remained strong, reflecting effective cost management and strategic share repurchases. The company also updated its full-year 2025 financial guidance, raising the midpoint for revenue and maintaining adjusted diluted EPS expectations.

• Gross business wins for Q2 2025 reached $2,966 million, an 10.6% increase from Q1 2025.
• Net income for the quarter was $183.0 million, or $2.30 per diluted share, marking a 30.7% increase year-over-year.

Annaly Capital Management reported a GAAP net income of $19.8 million, supported by stable earnings available for distribution and increased agency portfolio investments.

• GAAP net income of $0.03 per share; EAD at $0.73 per share
• Book value per common share at $18.45

SEI posted $559.6 million in revenue and $227.1 million in net income for Q2 2025, with EPS rising 70% to $1.78. The Investment Advisors and Private Banks segments showed strong growth, while SEI repurchased 2.2 million shares during the quarter.

• Revenue increased 8% year-over-year to $559.6 million:contentReference[oaicite:0]{index=0}
• Net income rose 63% to $227.1 million, driven by a $94.4 million gain on the sale of the Family Office Services business:contentReference[oaicite:1]{index=1}

Globe Life posted $1.48 billion in total revenue and $252.7 million in net income for Q2 2025. EPS rose to $3.05, driven by higher life and health premiums and strong agent growth at key divisions.

• Net income per diluted share increased to $3.05 from $2.83 a year ago:contentReference[oaicite:0]{index=0}
• Total premium revenue grew 4% year-over-year to $1.22 billion:contentReference[oaicite:1]{index=1}

Hasbro's second quarter 2025 results showed a slight revenue decrease of 1%, primarily due to a decline in Consumer Products, which was nearly offset by strong growth in Wizards of the Coast and Digital Gaming. The company reported a significant net loss due to a non-cash goodwill impairment, but adjusted net earnings improved year-over-year, reflecting the strength of MAGIC: THE GATHERING and cost efficiencies.

• Overall revenue decreased by 1% to $980.8 million, with growth in Wizards and Digital Gaming largely offsetting declines in Consumer Products.
• The company reported a net loss of $855.8 million, or $6.10 per diluted share, primarily due to a $1.0 billion non-cash goodwill impairment charge.

Mr. Cooper Group delivered a strong second quarter in 2025, reporting a net income of $198 million and pretax operating income of $269 million. The Servicing segment showed robust performance with a pretax income of $364 million, and the servicing portfolio expanded by 25% year-over-year to $1,509 billion. The Originations segment also contributed positively with a pretax income of $64 million, driven by a 14% increase in funded volume quarter-over-quarter.

• Reported net income of $198 million, with a Return on Common Equity (ROCE) of 15.9% and operating ROTCE of 17.2%.
• Servicing portfolio grew 25% year-over-year, reaching $1,509 billion by quarter-end.

EastGroup delivered $177.3 million in revenue and $63.3 million in net income for Q2 2025. EPS increased to $1.20, while FFO rose to $2.21 per share. Leasing activity remained robust with a 44.4% rental rate increase on new and renewal leases.

• Net income attributable to common stockholders rose to $63.3 million, or $1.20 per diluted share:contentReference[oaicite:0]{index=0}
• Funds from operations (FFO) increased 7.8% year-over-year to $2.21 per diluted share:contentReference[oaicite:1]{index=1}

Lamb Weston posted a 4% increase in revenue in Q4 2025, driven by higher volumes across all channels and regions. However, pricing pressure and cost inflation led to lower operating and net income. Adjusted EPS grew slightly as the company controlled SG&A costs and benefited from lower taxes.

• Revenue grew 4% to $1.6758 billion in Q4 2025, driven by 8% volume growth.
• Net income declined 7% YoY to $119.9 million, and EPS dropped to $0.85.

Churchill Downs Incorporated delivered an all-time record second quarter in 2025, with net revenue reaching $934.4 million, a 5% increase year-over-year. Net income attributable to CDI grew by 4% to $216.9 million, and Adjusted EBITDA hit a record $450.9 million, up 1%. The company saw significant contributions from its Live and Historical Racing segment, particularly from Virginia and Kentucky HRM venues, and record-breaking Kentucky Derby wagering. While the Gaming segment experienced a slight revenue decrease, the overall performance was robust, supported by strategic acquisitions and a new share repurchase program.

• All-time record net revenue of $934.4 million, marking a 5% increase compared to the prior year quarter.
• Net income attributable to CDI increased by 4% to $216.9 million, with diluted EPS at $2.99.

Popular delivered solid Q2 2025 results, achieving higher EPS, improved credit quality, and strong loan and deposit growth. The bank also enhanced shareholder returns through dividend increases and share repurchases.

• Net income rose to $210.4 million, up from $177.5 million in Q1 2025.
• EPS increased to $3.09, supported by higher net interest income.

Knight-Swift posted $1.86 billion in revenue and $34.2 million in net income for Q2 2025. Adjusted EPS was $0.35, driven by strong LTL shipment growth and cost controls, while intermodal volumes declined sharply.

• Total revenue increased 0.8% year-over-year to $1.86 billion:contentReference[oaicite:0]{index=0}
• Net income rose to $34.2 million with EPS of $0.21 and adjusted EPS of $0.35:contentReference[oaicite:1]{index=1}

Prosperity Bancshares delivered solid Q2 2025 results with net income growth, an expanded net interest margin, and stable asset quality despite a slight decline in deposits.

• Net income rose to $135.2 million, driven by higher net interest income and lower noninterest expenses.
• Net interest margin improved to 3.18% from 2.94% in Q2 2024.

Essential Properties delivered $137.1 million in revenue and $63.2 million in net income for Q2 2025. AFFO per share rose to $0.46, driven by resilient portfolio occupancy of 99.6% and strategic investments in 77 properties.

• Net income per diluted share increased to $0.32, up 10% year-over-year:contentReference[oaicite:0]{index=0}
• AFFO per share grew 7% year-over-year to $0.46:contentReference[oaicite:1]{index=1}

Mattel's second quarter 2025 performance was characterized by a 6% decrease in net sales to $1,019 million, primarily due to a significant decline in North America. However, the company achieved a notable increase in gross margin to 50.9% and saw strong growth in its international segment, particularly in EMEA and Asia Pacific. Adjusted EPS remained flat compared to the prior year, and the company continued its share repurchase program.

• Net Sales decreased by 6% to $1,019 million, driven by a 16% decline in North America, partially offset by a 7% increase internationally.
• Gross Margin improved by 170 basis points to 50.9%, with Adjusted Gross Margin increasing by 200 basis points to 51.2%.

Wyndham Hotels & Resorts delivered a solid second quarter, marked by a 4% year-over-year growth in global system-wide rooms and a 5% expansion in its development pipeline to a record 255,000 rooms. The company saw a 19% increase in ancillary revenues, contributing to a 1% rise in net income to $87 million and an 18% increase in adjusted diluted EPS to $1.33. Despite a softer domestic RevPAR environment, comparable adjusted EBITDA grew by 5% and comparable adjusted EPS by 11%.

• System-wide rooms grew 4% year-over-year, reaching 846,700 rooms globally.
• The development pipeline expanded by 5% year-over-year to a record 255,000 rooms, with 229 new contracts awarded.

First American Financial Corporation delivered a strong second quarter in 2025, with total revenue increasing by 14% to $1.8 billion and net income rising to $146.1 million. The company's Title Insurance and Services segment saw a 13% revenue increase and an improved pretax margin, while the Home Warranty segment also reported higher revenues and a significantly better pretax margin. The company ramped up share repurchases and authorized a new $300 million program, signaling confidence in future performance.

• Total revenue increased by 14% to $1.8 billion compared to the prior year, demonstrating robust growth.
• Net income rose to $146.1 million, or $1.41 per diluted share, reflecting improved profitability.

Taylor Morrison delivered a solid second quarter in 2025, meeting or exceeding guidance on most key metrics. The company reported net income of $194 million and adjusted net income of $204 million. Home closings revenue increased by 2% to $2.0 billion, driven by a 4% rise in closings, although the average closing price decreased by 2%. SG&A expenses showed significant leverage, improving by 90 basis points to 9.3% of home closings revenue. However, net sales orders declined by 12% and the monthly absorption pace decreased.

• Net income was $194 million, with adjusted net income reaching $204 million, reflecting strong profitability.
• Home closings revenue increased by 2% to $2.0 billion, driven by a 4% increase in home closings to 3,340 units.

Alaska Air delivered strong Q2 2025 results with adjusted EPS at the high end of guidance, supported by improved Hawaiian operations and a stable cost environment, although unit revenues slightly declined.

• Adjusted EPS of $1.78 exceeded guidance, driven by improved Hawaiian operations.
• Economic fuel cost per gallon averaged $2.39, aided by moderating crude prices.

Cadence Bank delivered solid Q2 2025 results with EPS of $0.69 and adjusted EPS of $0.73, supported by strong loan growth and higher net interest revenue, although credit provisions increased.

• Net income available to common shareholders was $129.9 million, with adjusted net income at $137.5 million.
• Net interest margin stood at 3.40%, supported by strong organic loan growth.

WEX delivered robust financial results in Q2 2025, with total revenue of $659.6 million and adjusted net income of $136.2 million, or $3.95 per diluted share, exceeding expectations. Despite a 2% decrease in total revenue year-over-year, largely due to unfavorable fuel prices, the company demonstrated strong operational momentum, particularly in its Benefits segment which saw a 9% revenue increase and 6% growth in SaaS accounts. Corporate Payments' purchase volume decreased significantly, while Mobility's payment processing transactions also saw a slight decline. The company's focus on cost management and investments in sales and marketing contributed to the positive adjusted EPS.

• Total revenue for Q2 2025 was $659.6 million, a 2% decrease from Q2 2024, primarily due to a $15.9 million unfavorable impact from fuel prices and spreads.
• GAAP net income decreased by $8.9 million to $68.1 million, while GAAP diluted EPS increased by $0.15 to $1.98 per share.

Sonoco delivered a robust second quarter in 2025, with net sales increasing significantly due to acquisitions, particularly the Metal Packaging EMEA business. The company reported a substantial increase in GAAP net income and diluted EPS, largely attributable to the sale of its Thermoformed and Flexibles Packaging and global Trident businesses. Adjusted net income and adjusted EBITDA also saw healthy year-over-year growth, reflecting improved price/cost dynamics and productivity initiatives. The company successfully reduced its total debt and net debt using divestiture proceeds and operating cash flow.

• Net sales grew to $1.9 billion, a 49.4% increase year-over-year, primarily driven by the acquisition of Eviosys.
• GAAP net income attributable to Sonoco surged to $493 million, up 443% from the prior year, significantly boosted by the sale of the TFP business.

Robert Half reported Q2 2025 revenue of $1.37 billion and net income of $41 million, as hiring activity slowed globally due to economic uncertainty. Protiviti consulting services remained resilient, while talent solutions revenue declined across segments.

• Revenue totaled $1.37 billion, down 7% year over year.
• Net income was $41 million, or $0.41 per diluted share.

Plexus delivered a strong fiscal third quarter, with revenue of $1.018 billion, non-GAAP operating margin of 6.0%, and non-GAAP EPS of $1.90, surpassing guidance. The company also generated better than anticipated free cash flow of $13.2 million and achieved a return on invested capital of 14.1%.

• Fiscal third quarter revenue reached $1.018 billion, aligning with guidance.
• Non-GAAP EPS of $1.90 exceeded guidance, demonstrating strong profitability.

United Community Banks, Inc. delivered strong financial results in the second quarter of 2025, with net income increasing to $78.7 million and diluted EPS reaching $0.63. The company saw significant growth in net interest income, improved net interest margin, and stable credit quality, while also successfully completing the acquisition of American National Bank.

• Net income for Q2 2025 was $78.7 million, an 18% increase from Q2 2024.
• Diluted EPS was $0.63, up $0.09 from the same quarter last year, and operating diluted EPS was $0.66, up 14% year-over-year.

Travel + Leisure Co. delivered strong Q2 2025 results with higher net income and EPS, supported by a robust performance in its Vacation Ownership segment, though Travel and Membership revenue declined.

• Net income reached $108 million with diluted EPS of $1.62.
• Vacation Ownership revenue grew 6% to $853 million.

Viking Therapeutics reported no revenue for Q2 2025, with a net loss of $65.6 million as R&D and administrative expenses rose sharply to support ongoing clinical trials. The company ended the quarter with $808 million in cash and investments, providing funding for key pipeline programs.

• Research and development expenses increased to $60.2 million, driven by VK2735 clinical studies.
• General and administrative expenses rose to $14.4 million due to higher stock-based compensation and salaries.

M/I Homes, Inc. announced its second quarter 2025 results, reporting a net income of $121.2 million and diluted EPS of $4.42. The company achieved record second-quarter revenue of $1.16 billion and delivered a record 2,348 homes. Despite a decrease in new contracts and backlog value compared to the previous year, the company maintained strong gross margins and a robust balance sheet.

• Net income for Q2 2025 was $121.2 million, a decrease from $146.7 million in Q2 2024.
• Diluted EPS for Q2 2025 was $4.42, down from $5.12 in Q2 2024.

The St. Joe Company delivered solid organic growth in Q2 2025, with a 16% increase in total revenue to $129.1 million and a 20% rise in net income to $29.5 million. This performance was primarily fueled by a 27% growth in real estate revenue, alongside record quarterly revenues in hospitality and leasing.

• Net income attributable to the Company increased by 20% to $29.5 million, or $0.51 per share, compared to $24.5 million, or $0.42 per share, in Q2 2024.
• Total revenue grew by 16% to $129.1 million, up from $111.6 million in the prior year's second quarter.

CVB Financial reported net income of $50.6 million and EPS of $0.36 for Q2 2025. Solid net interest margin, improved efficiency ratio, and strong capital levels highlighted the quarter, although loans declined slightly.

• Net income was $50.6 million, with diluted EPS at $0.36.
• Net interest margin remained steady at 3.31%, supported by lower cost of funds.

BankUnited, Inc. delivered an outstanding second quarter in 2025, marked by robust net income growth of 18% quarter-over-quarter to $68.8 million and a diluted EPS of $0.91. The company successfully expanded its net interest margin to 2.93% and improved its funding profile with a 13% increase in non-interest bearing demand deposits. Despite a slight decline in total loans, the company maintained a strong capital position and saw an increase in tangible book value per share.

• Net income for Q2 2025 increased by 18% to $68.8 million, up from $58.5 million in the prior quarter and 28% higher than $53.7 million in Q2 2024.
• Diluted earnings per share rose to $0.91, an 18% increase from $0.78 in the previous quarter and 26% higher than $0.72 in Q2 2024.

Goosehead Insurance delivered strong Q2 2025 revenue growth driven by increased producer count and improved franchise productivity, but net income declined due to higher operating expenses and technology investments.

• Revenue grew 20% YoY to $94.0 million
• Core revenue increased 18% YoY to $86.8 million

Patterson-UTI generated $1.2 billion in revenue for Q2 2025 but reported a net loss of $49 million due to a non-cash asset impairment related to its Colombian operations. The Drilling Services, Completion Services, and Drilling Products segments delivered steady operational performance, supported by technology adoption and high utilization rates. The company expects free cash flow to accelerate in the second half of 2025 and raised its technology-driven investments outlook.

• Total revenue of $1.2 billion, with $231 million in adjusted EBITDA
• Net loss of $49 million due to $28 million non-cash asset impairment

QuantumScape advanced its commercialization efforts with a key expanded deal with PowerCo and progress on its Cobra separator process, while maintaining strong liquidity and narrowing losses year-over-year.

• GAAP net loss narrowed to $114.7M from $123.0M in Q2 2024
• Adjusted EBITDA loss was $63.0M, in line with expectations

Banc of California delivered a strong second quarter in 2025, with net earnings available to common and equivalent stockholders of $18.4 million, or $0.12 per diluted common share. Adjusted earnings per share reached $0.31. The company saw a 9% annualized loan growth, an increase in net interest margin to 3.10%, and significant improvements in credit quality metrics due to strategic loan sales. Total revenue increased by 3% from the previous quarter to $272.8 million.

• Net earnings available to common and equivalent stockholders were $18.4 million, with adjusted earnings per share of $0.31.
• Total loans increased by 2% from the prior quarter, representing a 9% annualized growth, driven by lender finance, fund finance, and purchased single-family residential loans.

Oceaneering achieved revenue growth, higher operating income, and stronger margins across all business segments, driven by robust ROV activity, backlog conversion in Manufactured Products, and strong execution in Offshore Projects Group.

• Revenue grew 4% YoY to $698M
• Net income rose 56% YoY to $54.4M

ASGN reported solid second-quarter results, with revenues of $1.02 billion surpassing guidance and an Adjusted EBITDA margin of 10.6% meeting expectations. The IT consulting business continued its growth, reaching 63% of total revenues, driven by the strong performance of TopBloc. While macroeconomic uncertainty impacted discretionary spending in the commercial sector, demand for cloud and data solutions remained strong, particularly for IT modernization and AI enablement.

• Revenues for Q2 2025 were $1.02 billion, exceeding the high-end of guidance estimates.
• Adjusted EBITDA was $108.5 million, representing a 10.6% margin, which was at the top end of expectations.

Stewart Information Services Corporation delivered a robust second quarter in 2025, with total revenues climbing to $722.2 million and net income attributable to Stewart reaching $31.9 million. Diluted EPS also saw a substantial increase to $1.13. The company's performance was driven by growth across all business lines, particularly in the title segment, despite ongoing headwinds in the housing market.

• Total revenues increased by 20% to $722.2 million in Q2 2025, up from $602.2 million in Q2 2024.
• Net income attributable to Stewart surged by 84% to $31.9 million, compared to $17.3 million in the prior year quarter.

Century Communities delivered results in line with expectations for Q2 2025, achieving $1.0 billion in total revenues and a net income of $34.9 million despite challenging market conditions. The company saw sequential growth in home deliveries and a record community count, while maintaining a strong balance sheet and continuing share repurchases.

• Total revenues reached $1.0 billion, driven by 2,587 home deliveries.
• Net income was $34.9 million, with diluted EPS at $1.14, and adjusted diluted EPS at $1.37.

MaxLinear, Inc. reported strong financial performance in the second quarter of 2025, with net revenue reaching $108.8 million, an 18% increase year-over-year. The company successfully returned to non-GAAP profitability with a diluted EPS of $0.02 and generated positive free cash flow, highlighting solid execution and improved market conditions.

• Net revenue for Q2 2025 was $108.8 million, marking a 13% sequential increase and an 18% year-over-year growth.
• The company achieved non-GAAP profitability with a diluted earnings per share of $0.02, a significant improvement from a loss of $0.25 in the year-ago quarter.

Empire State Realty Trust delivered a solid second quarter in 2025, signing over 232,000 square feet of leases and achieving positive blended leasing spreads in Manhattan office for the 16th consecutive quarter. While Same-Store Property Cash NOI saw a slight decrease primarily due to increased expenses, the company maintained strong liquidity and increased its Manhattan office leased and occupied rates.

• Net Income per fully diluted share was $0.04, and Core FFO per fully diluted share was $0.22.
• The company signed 232,108 rentable square feet of leases, including 221,776 square feet of Manhattan office leases.

Veris Residential, Inc. delivered a strong second quarter in 2025, with diluted EPS of $0.12 and total revenues of $75.928 million. The company achieved notable operational strength, including a 4.7% year-over-year Same Store Blended Net Rental Growth Rate and 5.6% Same Store NOI growth. Strategic progress was also significant, with $448 million in non-strategic asset sales completed or under contract, leading to an immediate 55-basis-point interest rate reduction on its credit facility. The company raised its 2025 guidance for both operational metrics and Core FFO per share, reflecting confidence in its ongoing strategic plan and financial performance.

• Diluted EPS for Q2 2025 was $0.12, a significant increase from $0.03 in Q2 2024.
• Total revenues reached $75.928 million for the quarter, up from $67.476 million in the prior year.

NETSTREIT Corp. delivered a strong second quarter in 2025, marked by significant investment activity totaling $117.1 million at a 7.8% cash yield and $60.4 million in dispositions at a 6.5% cash yield. The company also strengthened its balance sheet by raising $46.1 million in common equity through its ATM program. This performance led to an increase in the 2025 guidance for both net investment activity and AFFO per share, and a 2.4% increase in the quarterly dividend.

• Net Income per Diluted Share for Q2 2025 was $0.04, a significant improvement from $(0.03) in Q2 2024.
• Adjusted Funds from Operations (AFFO) per Diluted Share increased to $0.33 in Q2 2025 from $0.32 in Q2 2024.

Kaiser Aluminum Corporation announced robust second quarter 2025 results, with net sales reaching $823 million and net income at $23 million. The company's performance was bolstered by strong underlying business fundamentals and favorable metal tailwinds, leading to sustained margin levels and an upward revision of its full-year 2025 Adjusted EBITDA outlook.

• Net Sales increased to $823 million in Q2 2025, up from $773 million in the prior year period, primarily due to an increase in average realized sales price.
• Net Income for the quarter was $23 million, translating to $1.41 per diluted share, demonstrating improved profitability compared to the previous year.

PROG Holdings delivered a resilient second quarter in 2025, with consolidated revenues reaching $604.7 million and net earnings of $38.5 million. The company's Progressive Leasing segment demonstrated strong execution despite GMV headwinds, while Four Technologies continued its impressive growth with over 200% revenue increase and sustained profitability. Diluted EPS was $0.95, and non-GAAP diluted EPS was $1.02, reflecting a 10.9% increase year-over-year on a non-GAAP basis.

• Consolidated revenues for Q2 2025 were $604.7 million, a 2.1% increase from the same period in 2024.
• Net earnings for the quarter were $38.5 million, up from $33.8 million in the prior year period.

QCR Holdings, Inc. announced a net income of $29.0 million, or $1.71 per diluted share, for the second quarter of 2025. This represents a significant increase from the previous quarter, primarily due to expanded net interest margin, strong loan growth, and improved capital markets revenue, alongside disciplined expense management. The company also saw an improvement in its tangible common equity to tangible assets ratio and a decline in nonperforming assets.

• Net income for Q2 2025 was $29.0 million, or $1.71 per diluted share, an increase from $25.8 million and $1.52 per diluted share in Q1 2025.
• Net Interest Margin (NIM) on a tax-equivalent yield (TEY) basis expanded by four basis points to 3.46% in Q2 2025.

Origin Bancorp, Inc. reported a net income of $14.6 million and diluted EPS of $0.47 for the second quarter of 2025. This represents a decrease from the previous quarter's net income of $22.4 million and diluted EPS of $0.71. The decline was largely attributed to a $14.4 million loss on sales of securities as part of a bond portfolio optimization strategy. Despite this, net interest income increased by 4.7% to $82.1 million, reaching its highest level in nine quarters, and the fully tax equivalent net interest margin expanded by 17 basis points to 3.61%. The company continued to execute its 'Optimize Origin' initiative, focusing on efficiency and balance sheet optimization.

• Net income for Q2 2025 was $14.6 million, a decrease from $22.4 million in the linked quarter, primarily due to a $14.4 million loss on securities sales.
• Diluted EPS for Q2 2025 was $0.47, down from $0.71 in the previous quarter, with the securities sale negatively impacting EPS by $0.35.

Healthcare Services Group, Inc. reported strong second-quarter results, with revenue increasing by 7.6% year-over-year to $458.5 million, driven by new client wins and higher retention. Despite a significant non-cash charge related to the Genesis HealthCare restructuring, the company's growth plans and cash flow outlook remain robust, leading to an increased 2025 cash flow from operations forecast.

• Revenue for Q2 2025 reached $458.5 million, marking a 7.6% increase compared to the prior year.
• Net loss and diluted EPS were ($32.4) million and ($0.44) respectively, impacted by a $0.65 non-cash charge from the Genesis HealthCare restructuring.

Univest Financial Corporation announced a net income of $20.0 million for the second quarter of 2025, an increase from $18.1 million in the same period last year. Diluted earnings per share rose to $0.69 from $0.62. The company experienced growth in net interest income due to higher loan balances and yields, alongside a reduction in funding costs. Noninterest income also saw an increase, primarily driven by gains on SBA loan sales and higher service charges on deposit accounts.

• Net income for Q2 2025 increased to $20.0 million, up from $18.1 million in Q2 2024.
• Diluted earnings per share improved to $0.69 in Q2 2025, compared to $0.62 in Q2 2024.

Amerant Bancorp Inc. reported a significant increase in net income for the second quarter of 2025, reaching $23.0 million, or $0.55 per diluted share, up from $12.0 million, or $0.28 per diluted share, in the previous quarter. This improvement was attributed to higher core pre-provision net revenue and a substantial reduction in the provision for credit losses. The company also saw growth in total assets and total deposits, while maintaining a strong net interest margin and improving asset quality.

• Net income attributable to the Company increased to $23.0 million, or $0.55 per diluted share, in Q2 2025, up from $12.0 million, or $0.28 per diluted share, in Q1 2025.
• Total assets grew by 1.6% to $10.3 billion, and total deposits increased by 1.9% to $8.3 billion, primarily driven by customer deposit growth.

Ribbon Communications Inc. delivered a strong second quarter in 2025, with revenue increasing 15% year-over-year to $221 million, surpassing guidance. Non-GAAP Adjusted EBITDA also saw significant growth, rising 47% year-over-year to $32 million, reaching the high end of their guidance. The company experienced robust demand in North America across both Service Provider and Enterprise markets and showed good momentum in its IP Optical business in India and North America.

• Revenue for Q2 2025 was $221 million, a 15% increase compared to $193 million in Q2 2024.
• GAAP Operating Income improved significantly to $4 million in Q2 2025, up from a loss of $2 million in Q2 2024.

Horizon Bancorp delivered robust financial results in the second quarter of 2025, with net income reaching $20.6 million and diluted EPS of $0.47. The company experienced its seventh consecutive quarter of net interest margin expansion, reaching 3.23%, alongside strong commercial loan growth and well-managed expenses. Credit quality remained strong with low net charge-offs.

• Net interest income increased by 22.3% year-over-year to $55.4 million, driven by net interest margin expansion.
• Net interest margin expanded for the seventh consecutive quarter, reaching 3.23% on a fully taxable equivalent basis.

Farmland Partners Inc. delivered a strong second quarter in 2025, reporting a net income of $7.8 million, a significant improvement from a loss in the prior year. This positive performance was largely attributed to substantial gains from the disposition of 32 properties, totaling $71.6 million, and a notable increase in AFFO. The company also actively repurchased shares and reduced debt, demonstrating a commitment to enhancing shareholder returns. However, total operating revenues saw a decline, and the company recorded a significant impairment on its California permanent crop properties due to changing crop and water dynamics.

• Net income for Q2 2025 was $7.8 million, a substantial increase from a net loss of $2.1 million in Q2 2024.
• AFFO increased by 144.7% to $1.3 million, or $0.03 per share, compared to $0.5 million, or $0.01 per share, in the same period last year.

Oatly's second quarter 2025 results showed a 3.0% increase in revenue to $208.4 million and a significant improvement in gross margin to 32.5%. The Adjusted EBITDA loss narrowed to $3.6 million, an improvement of $7.4 million year-over-year. However, the company reported an increased net loss of $55.9 million, primarily due to fair value losses on Convertible Notes. The company is also undertaking a strategic review of its Greater China business.

• Revenue increased by 3.0% to $208.4 million in Q2 2025 compared to the prior year, driven by growth in Europe & International.
• Gross margin improved significantly to 32.5% in Q2 2025, a 3.3 percentage point increase, mainly due to supply chain efficiencies in Europe & International.

Travelzoo announced strong second quarter 2025 results, with revenue increasing 13% year-over-year to $23.9 million. The company reported a consolidated operating profit of $2.1 million and earnings per share of $0.12. Significant investment in acquiring new Club Members impacted EPS, as marketing costs were expensed immediately while membership fees are recognized ratably.

• Revenue increased by 13% year-over-year to $23.9 million.
• Consolidated operating profit stood at $2.1 million, with non-GAAP consolidated operating profit at $2.4 million.