Reports

Meta Platforms, Inc. delivered a robust performance in Q2 2025, exceeding expectations with substantial growth across key financial metrics. Revenue increased by 22% year-over-year, driven by strong ad impressions and average price per ad. The company also saw a significant rise in net income and diluted EPS, reflecting efficient cost management and operational leverage. Mark Zuckerberg highlighted the company's progress in both business and community, expressing excitement about building personal superintelligence.

• Revenue for Q2 2025 reached $47.516 billion, marking a 22% increase compared to the same period last year.
• Net income surged to $18.337 billion, a 36% year-over-year increase, while diluted EPS grew by 38% to $7.14.

Qualcomm posted a strong quarter with revenue of $10.4B and adjusted EPS of $2.77, driven by growth across Handsets, IoT, and Automotive. Record automotive revenues and expanded AI capabilities through partnerships and acquisitions stood out.

• Revenue grew to $10.4B, up 10% YoY.
• Adjusted EPS rose to $2.77, up 19% YoY.

Arm delivered strong Q1 results for fiscal 2026 with $1.05 billion in revenue, marking a record for a first quarter. Royalty revenue saw a 25% increase year-over-year, while licensing declined slightly. Non-GAAP EPS came in at $0.35, reflecting healthy operating leverage and growth across the AI and data center segments.

• Total revenue reached $1.053 billion, up 12% year-over-year.
• Royalty revenue hit $585 million, a 25% increase from the prior year.

Banco Santander delivered solid Q2 2025 results, achieving record net income of €3.43B driven by broad-based strength across global businesses and strict cost control. EPS improved, efficiency reached a multi-year best, and RoTE rose year-over-year. Management reaffirmed full-year targets amid a complex macroeconomic backdrop.

• Net income reached €3.43B, a record fifth consecutive quarter
• EPS rose to €0.22, up from €0.21 in Q1

Lam Research delivered a robust Q4 2025, achieving record EPS and maintaining strong gross and operating margins. The company saw growth in both systems and customer support revenue, supported by increasing AI demand.

• Revenue reached $5.17 billion, up from the prior quarter
• GAAP EPS hit a record $1.35 with non-GAAP EPS at $1.33

Altria maintained strong profitability in Q2 2025, with revenue slightly down year-over-year but adjusted EPS showing growth. Oral tobacco products drove segment growth, particularly from the on! brand, while smokeable products continued to face volume declines.

• Revenue was $6.1B, down 1.7% from Q2 2024
• Adjusted EPS increased to $1.44, up 8.3% year-over-year

UBS delivered a solid Q2 2025 performance with $2.4 billion in net income and $12.1 billion in revenue, supported by strong results in Global Markets and continued integration of Credit Suisse.

• Net income reached $2.4 billion, up 111% year-over-year.
• Invested assets grew to $6.6 trillion, driven by strong client inflows.

Equinix delivered robust financial results in the second quarter of 2025, exceeding expectations with significant increases in revenue, operating income, and net income. The company also saw strong customer engagement and continued growth in its interconnection services, reinforcing its leadership in digital infrastructure.

• Revenues reached $2.256 billion, a 4% increase over the same quarter last year.
• Operating income grew by 13% year-over-year to $494 million, demonstrating strong operating performance.

GSK posted a robust quarter with £7.99 billion in revenue and £1.89 billion in net income. EPS rose to 46.5p as operating profit margins improved, supported by growth in Specialty Medicines and pipeline progress.

• Revenue reached £7.99 billion, up from £7.88 billion last year
• EPS rose to 46.5p from 43.4p, driven by improved margins

CPKC delivered solid performance in Q2 2025, driven by strength in bulk and merchandise segments, higher volumes across the network, and synergy capture from its full-year merger operations.

• Revenue rose 11% year-over-year to CAD 3.78 billion.
• Reported diluted EPS grew to CAD 1.42, with adjusted EPS of CAD 1.29.

Illinois Tool Works posted record Q2 EPS and operating income, with revenue up slightly year-over-year. Enterprise initiatives significantly contributed to margin expansion, and the company raised its full-year guidance.

• GAAP EPS reached a Q2 record of $2.58.
• Revenue was $4.1 billion, with flat organic growth.

Robinhood delivered robust performance in Q2 2025, with total net revenues surging by 45% year-over-year to $989 million and net income increasing by 105% to $386 million. The company saw strong growth in transaction-based revenues, particularly from options and cryptocurrencies, and achieved record numbers for Robinhood Gold Subscribers and Total Platform Assets. Strategic acquisitions and product innovations also contributed to the positive results.

• Total net revenues increased 45% year-over-year to $989 million, driven by strong transaction-based and net interest revenues.
• Net income more than doubled, increasing 105% year-over-year to $386 million, with diluted EPS reaching $0.42.

Agnico Eagle delivered a strong Q2 2025 with record adjusted net income and free cash flow, supported by higher gold prices and consistent operational execution. The company also transitioned to a net cash position and returned $300M to shareholders.

• Reported net income of $1.069 billion and adjusted net income of $976 million.
• Generated record free cash flow of $1.305 billion.

AEP delivered strong second-quarter results with record operating earnings, higher revenue, and reinforced forward guidance toward the top end of its FY2025 range.

• GAAP net income rose significantly to $1.23 billion from $340 million in Q2 2024.
• Operating earnings reached $766 million, up from $662 million in Q2 2024.

Public Storage delivered steady performance in Q2 2025, with Core FFO inching up and over $1.1 billion in expected acquisition and development investments, despite foreign currency losses impacting GAAP net income.

• Net income was $308,968,000, down from $468,366,000 due to foreign currency losses.
• Core FFO per share increased to $4.28, while FFO per share declined to $3.44.

Vertiv delivered a solid Q2 2025 with significant revenue and profit growth driven by robust data center demand and strategic execution across key regions.

• Revenue rose to $2.638 billion, up from $1.953 billion in Q2 2024.
• Net income more than doubled year-over-year to $324 million.

Hess Midstream delivered strong Q2 2025 results with net income of $179.7 million, boosted by higher throughput and improved margins, while reaffirming its 2025 EBITDA guidance.

• Revenue rose to $414.2 million, reflecting higher volumes and tariff rates
• Net income attributable to Hess Midstream LP was $90.3 million

FICO delivered robust performance in the third fiscal quarter of 2025, with total revenues increasing by 20% year-over-year to $536.4 million. GAAP diluted EPS rose to $7.40, and Non-GAAP diluted EPS reached $8.57, demonstrating strong earnings growth. The company also raised its full-year fiscal 2025 guidance.

• Total revenues for Q3 fiscal 2025 increased by 20% to $536.4 million, up from $447.8 million in the prior year.
• GAAP diluted EPS for the quarter was $7.40, a significant increase from $5.05 in the prior year period.

Carvana delivered record revenue, net income, and Adjusted EBITDA in Q2 2025, driven by 41% YoY growth in retail unit sales. Profitability metrics reached all-time highs as the company continues to scale efficiently.

• Sold a record 143,280 retail units, up 41% YoY
• Revenue reached an all-time high of $4.84B

Verisk delivered a strong second quarter, exceeding expectations with robust revenue growth of 7.8% and adjusted EBITDA growth of 11.9%. The company's strategic focus on data analytics and technology for the global insurance industry, coupled with key acquisitions, drove solid operational performance and increased its full-year outlook.

• Second-quarter revenue increased by 7.8% to $773 million, with organic constant currency (OCC) revenue growth of 7.9%.
• Adjusted EBITDA rose by 11.9% to $445 million, demonstrating strong operating leverage and cost discipline.

Ford Motor Company delivered $50.2B in revenue for Q2 2025, a 5% increase YoY. However, a $1.3B charge in special items and adverse tariff effects led to a net loss of $36M. Adjusted EBIT declined 22% to $2.14B while free cash flow remained solid at $2.8B.

• Revenue reached a record $50.2B, up from $47.8B in Q2 2024
• Net loss of $36M due to $1.3B in special items including fuel injector recalls and EV write-downs

Garmin delivered a strong Q2 2025, posting record revenue and operating income. EPS and margins expanded significantly, driven by strong performance across all product categories, especially fitness and outdoor. The company also raised its full-year guidance based on year-to-date momentum.

• Posted record Q2 revenue of $1.81 billion, up 20% YoY.
• Net income grew to $400.8 million, with GAAP EPS at $2.07.

Cognizant delivered a robust second quarter in 2025, with revenue exceeding expectations and significant year-over-year increases in both GAAP and Adjusted EPS. The company also achieved record trailing 12-month bookings, driven by two mega deals, and increased its planned capital return to shareholders for the year.

• Revenue of $5.25 billion increased 8.1% year-over-year, surpassing the high end of guidance.
• GAAP EPS rose 15% to $1.31, and Adjusted EPS increased 12% to $1.31 year-over-year.

eBay Inc. reported a strong second quarter in 2025, with net revenues of $2.73 billion, a 6% increase year-over-year. GAAP diluted EPS was $0.79, and non-GAAP diluted EPS reached $1.37. The company saw growth in both U.S. and International Gross Merchandise Volume, contributing to overall positive performance.

• Net revenues for Q2 2025 increased by 6% year-over-year to $2.73 billion, surpassing expectations.
• GAAP diluted earnings per share (EPS) for the quarter was $0.79, a significant increase from $0.45 in the prior year.

Entergy delivered solid earnings in Q2 2025, supported by higher retail electric sales and regulatory actions, with consolidated net income of $468 million and operating cash flow of $1.26 billion.

• Consolidated EPS was $1.05, both as-reported and adjusted (non-GAAP)
• Net income for the quarter reached $468 million, a significant increase from $49 million in Q2 2024

Hershey posted strong top-line growth in Q2 2025 with a 26% rise in revenue driven by volume recovery and favorable holiday timing, but bottom-line performance declined sharply due to higher commodity costs and derivative losses.

• Revenue rose 26.0% year-over-year to $2.61 billion due to volume recovery and early seasonal shipments.
• Reported EPS dropped to $0.31, while adjusted EPS was $1.21.

VICI Properties delivered solid Q2 2025 performance, driven by increases in leasing income and strategic investment expansions. Net income rose due to favorable credit loss adjustments.

• Total revenue reached $1 billion, up from $957 million in Q2 2024.
• Net income grew to $865.1 million, a 16.7% increase from the prior year.

WEC Energy posted strong Q2 2025 results with higher EPS, net income, and revenue. The company saw increased electricity usage across all major customer segments and reaffirmed its full-year earnings guidance.

• Net income rose to $245.4 million from $211.3 million a year ago
• EPS increased to $0.76, reflecting operational efficiencies and warmer weather

Old Dominion Freight Line experienced a decline in revenue and net income in Q2 2025 as reduced LTL volumes and macroeconomic softness weighed on performance.

• Total revenue for Q2 2025 decreased by 6.1% to $1.408 billion compared to the same period last year.
• Diluted earnings per share for Q2 2025 were $1.27, a 14.2% decrease from $1.48 in Q2 2024.

GE HealthCare delivered strong Q2 2025 results with $5 billion in revenue and increased profitability. Gains were driven by operational execution, lower tax and interest expense, and strength in radiopharma and imaging orders. The company raised its full-year guidance.

• Net income rose to $486 million, benefiting from lower tax and interest expense.
• Adjusted EPS was $1.06, equal to reported EPS.

DexCom delivered strong financial results in the second quarter of 2025, with revenue growing 15% year-over-year to $1.157 billion. The company saw an increase in GAAP operating income and reported solid GAAP and non-GAAP net income and EPS. DexCom also raised its fiscal year 2025 revenue guidance and announced a CEO succession plan.

• Revenue for Q2 2025 increased by 15% year-over-year to $1.157 billion, demonstrating strong top-line growth.
• GAAP operating income rose significantly to $212.6 million, representing 18.4% of revenue, a 270 basis point increase from the prior year.

Extra Space Storage Inc. delivered solid second quarter results with net income attributable to common stockholders increasing by 34.1% to $1.18 per diluted share. Funds from operations (FFO) was $1.98 per diluted share, while Core FFO saw a slight decrease of 0.5% to $2.05 per diluted share. Same-store revenue remained flat, and same-store net operating income (NOI) decreased by 3.1%. The company maintained historically high occupancy and was active in external growth, including significant third-party management and bridge loan activities, and the buyout of joint venture partners' interests.

• Net income attributable to common stockholders increased by 34.1% to $1.18 per diluted share for the quarter.
• Core FFO was $2.05 per diluted share, a 0.5% decrease compared to the prior year's second quarter.

Kraft Heinz reported a $7.82B net loss in Q2 2025, primarily from a $9.3B impairment charge. Revenue slightly declined year-over-year, while adjusted EPS remained positive and free cash flow improved.

• Posted a $7.82B net loss due to a $9.3B impairment charge
• Adjusted EPS was $0.69, supported by solid cash flow

Tradeweb Markets Inc. delivered a strong performance in the second quarter of 2025, with total revenues reaching $513.0 million, a 26.7% increase year-over-year. The company also reported a net income of $175.5 million and adjusted net income of $206.1 million, alongside a substantial rise in average daily volume to $2.6 trillion.

• Total revenues for Q2 2025 increased by 26.7% to $513.0 million.
• Net income rose by 28.7% to $175.5 million, with adjusted net income up 23.7% to $206.1 million.

Telefónica posted a stable Q2 2025 with organic revenue growth of 1.5% and EBITDA up 1.2%. Despite FX headwinds, the company reported positive free cash flow and reaffirmed its 2025 guidance. Net income from continuing operations fell due to restructuring and non-recurring items.

• Revenue for Q2 2025 reached €8.95 billion, down 3.7% reported, but up 1.5% organically
• EBITDA increased 1.2% organically to €2.92 billion

AvalonBay Communities, Inc. delivered higher earnings and operational performance in Q2 2025, driven by increased residential revenue and NOI from new developments and acquisitions.

• EPS rose to $1.88, up from $1.78 in Q2 2024
• Core FFO per share increased to $2.82 from $2.77

Humana delivered strong Q2 2025 performance, with $32.39B in revenue and $741M in net income. The company raised its full-year adjusted EPS and revenue outlook, driven by CenterWell growth and confident pricing strategy despite expected Medicare Advantage membership declines.

• Adjusted EPS rose to $6.27 in Q2 2025, beating GAAP EPS of $4.51.
• Net income came in at $741M for the quarter.

Ventas delivered robust earnings growth in the second quarter of 2025, primarily fueled by strong organic and external growth within its Senior Housing Operating Portfolio (SHOP). The company saw a significant increase in Normalized FFO per share and total company NOI, leading to an improved full-year guidance for 2025.

• Net Income Attributable to Common Stockholders per share increased by 200% to $0.15.
• Normalized FFO per share grew by 9% year-over-year to $0.87.

American Water delivered solid results in the second quarter of 2025, with earnings per share increasing to $1.48 from $1.42 in the prior year. The company saw increased revenues from new rates and acquisitions in its Regulated Businesses, which drove net income growth. Capital investment plans are on track, and the company announced an agreement to acquire approximately 87,000 customer connections.

• Second quarter 2025 earnings per share increased to $1.48, up from $1.42 in the same period last year.
• The company narrowed its 2025 EPS guidance range to $5.70 to $5.75 on a weather-normalized basis, affirming long-term targets.

Markel Group experienced a strong second quarter in 2025, with total operating revenues reaching $4.6 billion and operating income exceeding $1.1 billion. This growth was largely influenced by positive market value movements in the equity portfolio. The company also announced the strategic decision to place its reinsurance business into run-off to enhance focus on core underwriting activities. Diluted net income per common share was $49.67, a substantial increase from the prior year.

• Total operating revenues for Q2 2025 increased to $4.6 billion from $3.7 billion in Q2 2024, primarily due to net investment gains.
• Operating income for Q2 2025 significantly rose to $1.11 billion compared to $409.98 million in Q2 2024, driven by investment performance.

Tyler Technologies exceeded expectations in the second quarter of 2025, with total revenues increasing by 10.2% to $596.1 million. Recurring revenues, particularly subscription and transaction-based revenues, were key drivers of this growth, comprising 86.8% of total revenues. The company also saw strong improvements in net income, operating income, and cash flow.

• Total revenues increased by 10.2% to $596.1 million.
• Recurring revenues grew by 15.2% to $517.2 million, making up 86.8% of total revenues.

Fortive delivered strong adjusted EPS and free cash flow in Q2 2025, driven by disciplined execution amid macroeconomic uncertainty. The company finalized the spin-off of Ralliant and emphasized its long-term growth strategy.

• Completed the spin-off of Ralliant on June 28, 2025
• Reported adjusted EPS of $0.90 and GAAP EPS of $0.49

Check Point delivered solid Q2 2025 results with increased revenue, EPS, and operating income. Growth was driven by robust demand for Quantum Force appliances and security subscriptions. Cash flow from operations also rose significantly compared to the prior year.

• Total revenue reached $665,200,000, a 6% YoY increase
• Non-GAAP EPS rose to $2.37, up from $2.17 YoY

CGI reported strong year-over-year revenue growth of 11.4% in Q3 2025. While net income declined due to restructuring and acquisition-related costs, adjusted metrics showed growth. The company maintained a healthy backlog and book-to-bill ratio, with consistent cash generation.

• Revenue grew 11.4% YoY to CAD 4.09 billion
• Adjusted net income rose to CAD 470.1 million, with a margin of 11.5%

FirstEnergy delivered a strong second quarter in 2025, with GAAP earnings of $268 million and Core Earnings of $0.52 per share, driven by new base rates and growth in transmission rate base. The company is on track to meet its full-year Core Earnings guidance, targeting the upper half of the range.

• Second quarter 2025 GAAP earnings were $0.46 per share, with Core Earnings (non-GAAP) at $0.52 per share, surpassing internal plans.
• Revenue for the second quarter of 2025 reached $3.4 billion, an increase from $3.3 billion in the same period last year.

Western Digital concluded its fiscal year 2025 with a strong fourth quarter, marked by a 30% year-over-year revenue increase to $2.61 billion and significant improvements in both GAAP and non-GAAP gross margins. The company also generated substantial free cash flow and reduced debt, reflecting a solid operational performance.

• Revenue for Q4 FY25 reached $2.61 billion, representing a 30% increase compared to the same period last year.
• GAAP diluted EPS was $0.67, while non-GAAP diluted EPS stood at $1.66, demonstrating strong profitability.

Invitation Homes reported a strong second quarter in 2025, with total revenues increasing by 4.3% to $681 million and net income available to common stockholders surging by 92.7% to $141 million. Core FFO per share grew by 1.7% to $0.48, and AFFO per share increased by 3.4% to $0.41, reflecting robust resident demand and disciplined cost control.

• Total revenues increased 4.3% year over year to $681 million.
• Net income available to common stockholders increased 92.7% to $141 million, or $0.23 per diluted common share.

UMC delivered a strong Q2 2025, with higher wafer shipments and record contributions from its 22/28nm business, though FX pressures weighed on margins.

• Revenue reached $2.01 billion with improved utilization rates.
• 22/28nm node accounted for a record 40% of total sales.

AerCap achieved a record Q2 2025 driven by a favorable insurance settlement and strong lease revenues. Adjusted earnings were also robust, reflecting stable operational fundamentals.

• Reported net income of $1.26 billion driven by a $1B insurance settlement.
• Adjusted net income was $502 million with EPS of $2.83.

PTC delivered a solid third fiscal quarter in 2025, demonstrating strong execution with constant currency ARR growth of 9.3%, which was at the higher end of their guidance range. The company also exceeded guidance ranges for operating and free cash flow, both growing by 14% year-over-year. PTC is raising its full-year guidance for ARR, Free Cash Flow, Revenue, EPS, and Non-GAAP EPS, and is continuing with its share repurchase program.

• Constant Currency ARR grew by 9.3%, reaching the higher end of the guidance range.
• Operating and Free Cash Flow both increased by 14%, surpassing guidance ranges.

Teva delivered its 10th consecutive quarter of year-over-year revenue growth in Q2 2025, with total revenues reaching $4.2 billion. The company's innovative portfolio, including AUSTEDO, AJOVY, and UZEDY, significantly contributed to this growth, offsetting declines in generic products and COPAXONE. Teva also increased its 2025 revenue outlook for key innovative products and EPS, while reaffirming other financial guidance components.

• Teva achieved $4.2 billion in revenues in Q2 2025, marking its 10th consecutive quarter of year-over-year growth.
• The innovative portfolio, particularly AUSTEDO, AJOVY, and UZEDY, was the primary driver of revenue growth, with AUSTEDO global revenues at $498 million (+19% LC), AJOVY at $155 million (+31% LC), and UZEDY at $54 million (+120%).

CyberArk achieved $328 million in revenue for Q2 2025, marking 46% year-over-year growth. Subscription revenue surged by 66%, while recurring revenue climbed 49%. The company posted a GAAP net loss due to a one-time tax payment, but delivered solid non-GAAP profitability.

• Total revenue grew to $328 million, up 46% year-over-year.
• Subscription revenue rose 66% to $263.8 million.

Kinross posted record free cash flow of $646.6M in Q2 2025, supported by higher gold prices and strong mine performance. Net income more than doubled YoY and the company remains on track to meet full-year guidance.

• Generated record free cash flow of $646.6 million in Q2 2025.
• Net income surged to $530.7 million, or $0.43 per share.

Tenaris reported a strong second quarter in 2025, with net sales increasing by 6% sequentially to $3.086 billion. This growth was primarily fueled by higher OCTG prices in North America and stable volumes. The company also saw increases in operating income, net income, and EBITDA, while maintaining margins in line with the previous quarter despite rising costs of sales.

• Net sales increased by 6% sequentially to $3.086 billion, primarily due to higher North American OCTG prices.
• Operating income rose by 6% sequentially to $583 million, and net income increased by 5% to $542 million.

MAA delivered strong second-quarter results, with Core FFO per share of $2.15, exceeding expectations. The company experienced record demand for rental housing in its markets, leading to a 0.5% effective blended lease rate growth and robust renewal pricing. Average physical occupancy remained strong at 95.4%, and the company's development pipeline is nearing $1 billion, positioning it for future revenue and earnings growth.

• Second quarter Core FFO per share was $2.15, surpassing expectations.
• Effective blended lease rate growth for the quarter was 0.5%, driven by strong renewal pricing of 4.7%.

Watsco experienced a 4% decrease in revenues to $2.06 billion in Q2 2025, primarily due to lower unit volumes from temperate weather, reduced homebuilding, and transition impacts. Despite this, the company achieved a record gross profit of $603 million and expanded operating income by 1% to $272 million, driven by improved gross margins from pricing technologies and OEM actions. Diluted EPS slightly increased to $4.52.

• Revenues decreased 4% to $2.06 billion, influenced by lower unit volumes despite double-digit pricing realization.
• Gross profit increased 4% to a record $603 million, with gross profit margin expanding 220 basis-points to a record 29.3%.

F5 delivered strong Q3 performance, driven by 26% product revenue growth and higher operating leverage, reflecting customer demand in hybrid multicloud and AI-driven environments.

• Revenue reached $780 million, up from $695 million a year ago.
• Product revenue grew 26%, with systems revenue up 39%.

Sprouts Farmers Market delivered excellent results in the second quarter of 2025, driven by a 17% increase in net sales to $2.2 billion and a comparable store sales growth of 10.2%. Diluted EPS rose to $1.35, up from $0.94 in the prior year, reflecting strong operational performance and strategic investments.

• Net sales increased by 17% to $2.2 billion in Q2 2025 compared to the same period in 2024.
• Comparable store sales growth was robust at 10.2% for the second quarter.

Sun Communities delivered a substantial increase in net income due to the $1.4B gain on the Safe Harbor Marinas sale, while achieving high occupancy and strong adjusted EPS. Core operations, especially in manufactured housing, contributed solidly despite weaker RV performance.

• Net income attributable to common shareholders rose to $1.27B, driven by discontinued operations from the marina sale.
• Core FFO per share was $1.76, while adjusted EPS came in at $10.02.

Carlisle Companies maintained revenue at $1.45 billion in Q2 2025, while delivering record adjusted EPS of $6.27. Strong performance in re-roofing markets helped offset continued weakness in residential and new construction segments. The company revised its full-year outlook downward due to macroeconomic headwinds.

• Revenue held steady at $1.45 billion despite softness in new construction markets
• Record adjusted EPS of $6.27, exceeding prior year levels

Hologic delivered a solid third quarter in fiscal 2025, with revenue of $1,023.8 million and non-GAAP diluted EPS of $1.08, both surpassing guidance. The company saw growth in Diagnostics and Surgical segments, with a continued rebound in Breast Health expected to drive future growth.

• Revenue reached $1,023.8 million, exceeding the company's guidance range.
• Non-GAAP diluted EPS was $1.08, surpassing the high end of the guidance range.

Everest delivered strong earnings in Q2 2025, driven by $680 million in net income and strong contributions from both its reinsurance and insurance segments despite ongoing geopolitical challenges.

• Net Income reached $680 million, with EPS of $16.10.
• Group combined ratio held at 90.4%, showing disciplined underwriting.

UDR delivered a strong second quarter with higher revenue and net income, supported by gains in same-store NOI and strategic investment activities.

• EPS came in at $0.11, in line with guidance, while FFOA per share reached $0.64, up from $0.62 last year.
• Same-store NOI grew 2.9% YoY, with stable occupancy at 96.9%.

Antero Resources delivered a robust second quarter in 2025, with net income reaching $157 million and Adjusted Net Income at $110 million. The company generated $262 million in Free Cash Flow and reduced its net debt by $187 million to $1.1 billion. Production averaged 3.4 Bcfe/d, and the company increased its full-year production guidance while simultaneously decreasing its drilling and completion capital budget due to strong well performance and capital efficiency gains.

• Net income for Q2 2025 was $157 million, with Adjusted Net Income at $110 million.
• Free Cash Flow for the quarter was $262 million, contributing to a $187 million reduction in net debt.

Align Technology's Q2 2025 performance was characterized by a slight year-over-year revenue decline, primarily due to lower-than-expected Clear Aligner volumes in Europe and North America, despite strong consumer interest. However, the Imaging Systems and CAD/CAM Services segment showed robust growth. The company's profitability metrics, including GAAP and non-GAAP EPS and net income, saw significant increases compared to the previous year.

• Total revenues for Q2 2025 were $1,012.4 million, a 1.6% decrease year-over-year but a 3.4% increase sequentially.
• Clear Aligner revenues decreased by 3.3% year-over-year to $804.6 million, while Imaging Systems and CAD/CAM Services revenues grew by 5.6% year-over-year to $207.8 million.

United Therapeutics reported Q2 2025 revenue of $798.6 million and net income of $309.5 million, fueled by double-digit growth in key products including Tyvaso DPI and Orenitram. EPS reached $6.41 diluted, with a strong performance across their pulmonary hypertension portfolio.

• Record total revenue of $798.6 million in Q2 2025, up from $714.9 million in Q2 2024
• Net income rose to $309.5 million with diluted EPS of $6.41

IDEX Corporation reported strong second-quarter 2025 results with record sales of $865.4 million, a 7% increase year-over-year, and adjusted diluted EPS of $2.07, which was relatively flat but exceeded expectations. The company experienced a slight downshift in rapid-turn business orders and a more cautious stance from customers on larger orders, leading to a revised full-year EPS outlook. Despite near-term volatility, IDEX remains confident in its long-term value creation strategy.

• Record sales reached $865.4 million, marking a 7% increase year-over-year and 1% organically.
• Adjusted diluted EPS was $2.07, remaining relatively flat compared to the prior year but surpassing second-quarter expectations.

Morningstar delivered revenue of $605.1 million and net income of $89.0 million in Q2 2025, with strong contributions from key platforms and improved operating income and margins.

• Revenue rose 5.8% to $605.1 million, driven by PitchBook, Morningstar Direct, and Morningstar Credit.
• Net income grew to $89.0 million with EPS at $2.09 and adjusted EPS at $2.40.

Neurocrine delivered $682 million in net product sales in Q2 2025, driven by INGREZZA’s record prescription growth and strong early adoption of CRENESSITY, with solid profitability and increased R&D investment.

• INGREZZA posted $624 million in Q2 sales, setting a new quarterly prescription record.
• CRENESSITY contributed $53 million in sales and added 664 new patient enrollment forms.

Clean Harbors reported Q2 2025 revenue of $1.55 billion, flat compared to the prior year. Net income was $126.9 million, or $2.36 per diluted share, down from $133.3 million and $2.46 per diluted share in Q2 2024. Despite this, the company achieved a record Q2 Adjusted EBITDA of $336.2 million, an increase from $327.8 million in the same period last year, with the Adjusted EBITDA margin improving by 60 basis points to 21.7%. The Environmental Services segment showed consistent profitable growth, while the Safety-Kleen Sustainability Solutions segment performed ahead of expectations.

• Revenue remained flat at $1.55 billion compared to Q2 2024.
• Net income decreased to $126.9 million, resulting in an EPS of $2.36.

Leonardo DRS delivered a robust second quarter in 2025, marked by a 10% increase in revenue to $829 million and a 42% surge in net earnings to $54 million. Diluted EPS rose by 43% to $0.20, and Adjusted EBITDA grew by 17% to $96 million, reflecting strong operational performance and increased profitability. The company also reported healthy bookings of $853 million, resulting in a book-to-bill ratio of 1.0x, and an increased backlog of $8.6 billion.

• Revenue increased by 10% year-over-year to $829 million, primarily driven by programs in electric power and propulsion, advanced infrared sensing, and ground network computing.
• Net Earnings grew by 42% to $54 million, and Diluted EPS increased by 43% to $0.20, supported by strong operational performance and reduced interest expense.

Despite flat year-over-year revenue of $7.66 billion, Penske Automotive Group posted higher net income of $250 million in Q2 2025, with record gross profit in service and parts. EPS rose to $3.78, supported by operational efficiency and stable unit margins.

• Gross profit reached a record $1.3 billion, up 3% from Q2 2024
• EPS increased 5% to $3.78 and net income rose to $250 million

Entegris delivered Q2 2025 results with $792 million in revenue, slightly above guidance, and solid performance in both Materials and Advanced Purity Solutions segments. Although GAAP net income declined, adjusted EPS remained strong.

• Revenue reached $792 million, up from the prior quarter.
• GAAP EPS came in at $0.35; non-GAAP EPS was $0.66.

SCI delivered a solid quarter with strong funeral segment growth, expanded gross margins, and improved adjusted EPS, despite some headwinds in cemetery profitability.

• Revenue rose to $1.065 billion in Q2 2025, up $31.4 million YoY.
• Adjusted EPS reached $0.88, an 11% increase from Q2 2024.

Alamos Gold Inc. delivered a strong second quarter in 2025, with gold production increasing 10% quarter-over-quarter and all-in sustaining costs decreasing by 18%. This performance resulted in record quarterly revenues of $438.2 million, record cash flow from operations of $216.2 million, and a substantial increase in free cash flow to $84.6 million. The company is on track to meet its full-year production guidance despite an increase in annual cost guidance due to external factors and a slower start at some mines.

• Gold production increased by 10% from the first quarter of 2025, reaching 137,200 ounces, meeting quarterly guidance.
• All-in sustaining costs decreased by 18% from the first quarter, reflecting improved performance across all operations.

C.H. Robinson reported a strong second quarter in 2025, with gross profits increasing by 0.4% to $679.6 million and income from operations rising by 21.2% to $215.9 million. The company's adjusted operating margin significantly improved by 520 basis points to 31.1%, and diluted EPS increased by 20.0% to $1.26. Cash generated from operations also saw a substantial increase of $60.7 million, reaching $227.1 million, demonstrating effective execution of its Lean operating model and strategic initiatives despite a challenging freight market.

• Gross profits increased by 0.4% to $679.6 million, reflecting improved adjusted gross profit per transaction in customs, truckload, and LTL services.
• Income from operations surged by 21.2% to $215.9 million, driven by both increased adjusted gross profit and decreased operating expenses.

Host Hotels delivered solid Q2 2025 results with $1.59 billion in revenue and $224.7 million in net income. EBITDA for the quarter was $504.8 million, showing continued strength in operations across domestic and international properties.

• Revenue reached $1.586 billion for the quarter ended June 30, 2025.
• Net income totaled $224.7 million, with EBITDA of $504.8 million.

Pilgrim's Pride delivered strong second-quarter results, driven by robust demand and improved operational efficiencies across its U.S. Fresh and Prepared Foods segments. Europe and Mexico also contributed to margin expansion and strong volumes, respectively. The company maintained a strong liquidity position and announced a significant special dividend.

• Net Sales reached $4.8 billion, indicating a 4.3% increase compared to the same period last year.
• GAAP Net Income was $356.0 million, with GAAP EPS at $1.49, while Adjusted EPS stood at $1.70.

Stifel reported $1.28 billion in revenue and $145.7 million in GAAP net income for Q2 2025, supported by a 9% year-over-year increase in client assets. Non-GAAP EPS reached $1.71, boosted by strong recruiting and diversified revenue streams.

• Net revenues rose to $1.28 billion, up 5.4% YoY
• GAAP EPS was $1.34; non-GAAP EPS reached $1.71

Wingstop delivered solid Q2 2025 results with a 12% revenue increase, stable adjusted EPS, and significant unit expansion despite a modest dip in net income.

• Total revenue for Q2 2025 increased to $174.3 million, up from $155.7 million in the prior year's second quarter.
• Wingstop opened 129 net new restaurants in Q2 2025, achieving 19.8% net new unit growth, marking the fourth consecutive quarter with over 100 net new openings.

Evercore delivered a robust second quarter in 2025, achieving record net revenues of $833.8 million, a 21% increase year-over-year. Operating income surged by 39% to $150.4 million, and diluted earnings per share rose to $2.36. The company's advisory business had record revenues, contributing to overall strong performance.

• Record Second Quarter Net Revenues reached $833.8 million on a U.S. GAAP basis, marking a 21% increase from Q2 2024.
• Operating Income grew by 39% to $150.4 million, with operating margins improving to 18.0% on a U.S. GAAP basis.

Tetra Tech delivered a strong third quarter, exceeding expectations with revenue of $1.37 billion and net revenue of $1.15 billion. Operating income surged by 28% year-over-year to $165 million, and EPS increased by 34% to $0.43. The company also reported robust operating cash flow and a healthy backlog.

• Revenue reached $1.37 billion, with net revenue at $1.15 billion.
• Operating income increased by 28% year-over-year to $165 million.

MGM Resorts International achieved record consolidated net revenues of $4.4 billion in Q2 2025, a 2% increase year-over-year. This growth was primarily fueled by record net revenues in Regional Operations and MGM China, alongside significant EBITDA growth from the BetMGM venture. Despite a decrease in net income attributable to MGM Resorts due to a foreign currency transaction loss, the company maintained solid operating performance and continued its share repurchase program.

• Consolidated net revenues reached a record $4.4 billion, increasing 2% year-over-year.
• Regional Operations and MGM China achieved record net revenues and strong Segment Adjusted EBITDAR growth.

OGE Energy Corp. reported a net income of $107.5 million and diluted earnings per share of $0.53 for the second quarter of 2025, an increase from $102.3 million and $0.51 per diluted share in the same period last year. The regulated electric company, OG&E, was the primary contributor to these earnings, despite a slight decrease in its individual net income due to milder weather and higher interest and depreciation expenses, which were partially offset by increased capital investment recovery and higher weather-normalized load.

• OGE Energy Corp. reported a net income of $107.5 million for Q2 2025, up from $102.3 million in Q2 2024.
• Diluted earnings per share increased to $0.53 in Q2 2025 from $0.51 in Q2 2024.

Antero Midstream delivered a strong second quarter in 2025, with significant increases in net income, adjusted net income, and adjusted EBITDA, driven by record gathering and processing volumes. The company also demonstrated capital efficiency with a decrease in capital expenditures and a notable reduction in leverage, leading to a substantial increase in free cash flow.

• Net Income increased by 44% per diluted share to $125 million, or $0.26 per diluted share, compared to the prior year quarter.
• Adjusted EBITDA rose by 11% to $284 million, reflecting strong operational performance.

AXIS Capital posted robust results in Q2 2025, with $216 million in net income and $261 million in operating income. Strong underwriting performance across both insurance and reinsurance segments drove improvements in combined ratios and return on equity.

• Net income available to common shareholders was $216 million or $2.72 per diluted share.
• Operating income totaled $261 million or $3.29 per diluted share.

Murphy USA delivered stronger financial results in the second quarter of 2025, with net income increasing to $145.6 million and Adjusted EBITDA rising to $286.0 million. This performance was driven by improved fuel and merchandise contributions, despite slightly lower retail fuel volumes and merchandise sales on a same-store basis.

• Net income for Q2 2025 increased to $145.6 million, up from $144.8 million in Q2 2024.
• Total fuel contribution for Q2 2025 was 32.0 cpg, a slight increase from 31.7 cpg in Q2 2024.

Confluent delivered a solid second quarter in 2025, with total revenue reaching $282.3 million, a 20% increase year-over-year. The growth was primarily driven by a 28% year-over-year increase in Confluent Cloud revenue to $151 million and a 21% increase in subscription revenue to $271 million. The company also reported positive non-GAAP operating income and adjusted free cash flow, indicating improved profitability and liquidity.

• Total revenue for Q2 2025 was $282.3 million, marking a 20% year-over-year increase.
• Subscription revenue grew by 21% year-over-year to $270.8 million, while Confluent Cloud revenue increased by 28% to $151 million.

National Fuel Gas Company reported strong third-quarter fiscal 2025 results, with GAAP earnings per share increasing to $1.64 from a net loss of $0.59 in the prior year. Adjusted earnings per share also saw a substantial rise of 66% to $1.64. This performance was primarily fueled by record natural gas production and higher realized prices in the Exploration and Production segment, alongside earnings uplift from recent ratemaking activities and organic investments in the regulated Utility and Pipeline & Storage segments.

• GAAP earnings per share significantly improved to $1.64 from a net loss of $0.59 in the prior year's third quarter.
• Adjusted earnings per share increased by 66% to $1.64, compared to $0.99 in the prior year.

New Oriental concluded fiscal year 2025 with healthy top-line growth in Q4, driven by strong performance in its core educational businesses and new initiatives. While GAAP net income saw a significant decrease, non-GAAP profitability improved substantially, reflecting effective cost management and strategic investments in technology and new educational offerings. The company also announced a new shareholder return plan, committing at least 50% of net income to shareholders.

• Total net revenues increased by 9.4% year over year to US$1,243.2 million in Q4 FY2025, with core educational businesses (excluding East Buy) growing by 18.7%.
• The company reported an operating loss of US$8.7 million, a decrease from an operating income of US$10.5 million in the prior year, primarily due to impairment of goodwill.

Generac delivered a robust performance in the second quarter of 2025, with net sales increasing by 6% to $1,061 million, driven by strong growth in both residential and commercial & industrial product sales. The company's net income rose to $74 million, or $1.25 per share, and adjusted net income reached $97 million, or $1.65 per share, surpassing prior-year figures. Gross profit margin improved to 39.3%, and adjusted EBITDA margin expanded to 17.7% of net sales, reflecting favorable pricing and lower input costs. Despite a decrease in cash flow from operations and free cash flow compared to the prior year, the company is optimistic about its full-year outlook, narrowing its net sales growth guidance and increasing its adjusted EBITDA margin expectations.

• Net sales increased by 6% to $1,061 million in Q2 2025, up from $998 million in the prior-year quarter.
• Net income attributable to the company was $74 million ($1.25 per share), and adjusted net income was $97 million ($1.65 per share).

Comstock Resources experienced a significant improvement in its financial performance during the second quarter of 2025, primarily due to higher natural gas prices. The company reported a net income of $130.7 million and adjusted net income of $40.0 million, with total revenues reaching $470.3 million. Operating cash flow was strong at $209.6 million, and the company continued its drilling activities, turning 13 operated wells to sales.

• Natural gas and oil sales, including realized hedging gains, reached $344 million for the quarter, contributing to a total revenue of $470.3 million.
• Net income for the second quarter was $130.7 million, or $0.44 per diluted share, which included a significant unrealized gain on hedging contracts.

Albemarle delivered strong second-quarter results, with net sales of $1.3 billion and a net income of $22.9 million, a substantial improvement from a net loss in the prior-year quarter. The company achieved positive free cash flow for the first half of 2025 and expects to maintain this for the full year, driven by cost savings and operational excellence. Energy Storage volumes increased by 15%, while Specialties saw a 6% volume increase.

• Net sales for Q2 2025 were $1.3 billion, a 7% decrease year-over-year, primarily due to lower lithium pricing, offset by volume growth in Energy Storage and Specialties.
• Net income attributable to Albemarle Corporation was $22.9 million, a significant increase from a net loss of $188.2 million in Q2 2024, largely due to the absence of prior-year capital project asset write-offs.

Waystar posted $270.7 million in revenue and $32.2 million in net income for Q2 2025, driven by growth in both subscription and volume-based revenue. Adjusted EBITDA margin reached 42%, and the company raised full-year guidance.

• Revenue grew 15% YoY to $270.7 million
• Net income reached $32.2 million, with a 12% margin

MGIC Investment Corporation delivered a strong second quarter in 2025, achieving a net income of $192.5 million and an annualized return on equity of 15%. The company demonstrated robust capital management by returning $212 million to shareholders through share repurchases and dividends, further supported by a 15% increase in its common stock dividend.

• Net income for Q2 2025 was $192.5 million, or $0.81 per diluted share.
• Adjusted net operating income (Non-GAAP) for Q2 2025 was $194.0 million, or $0.82 per diluted share.

Axalta reported Q2 2025 revenue of $1.305 billion, with net income of $110 million. While GAAP EPS slightly declined, the company achieved record adjusted diluted EPS of $0.64 and an adjusted EBITDA margin of 22.4%, highlighting disciplined cost control and margin expansion.

• Revenue was $1.305 billion, down 3% YoY due to lower volumes in Performance Coatings.
• Net income was $110 million; adjusted net income was $139 million.

Federal Signal delivered a record-setting Q2 with 15% revenue growth and a 20% increase in operating income, supported by strong performance in both business segments and raised full-year guidance.

• Revenue rose to $565 million, driven by double-digit growth in both segments.
• Net income reached $71.4 million, up from $60.8 million last year.

In Q2 2025, Bausch + Lomb achieved 5% revenue growth year-over-year to $1.278 billion, but posted a net loss of $62 million due to higher SG&A expenses and product recalls. Adjusted EBITDA fell to $191 million.

• Total revenue grew 5% to $1.278 billion, driven by Vision Care and Surgical segments.
• Net loss attributable to Bausch + Lomb was $62 million; adjusted net income was $25 million.

NewMarket posted $698.5 million in revenue and $111.2 million in net income in Q2 2025. While petroleum additives revenue dipped slightly year-over-year, specialty materials posted solid growth. EPS increased to $11.84 despite lower operating profit from petroleum additives.

• Q2 net income was $111.2 million with EPS of $11.84
• Total revenue declined slightly to $698.5 million

Guardant Health delivered an exceptional second quarter in 2025, with total revenue increasing by 31% year-over-year to $232.1 million, driven by robust performance in Oncology, Screening, and Biopharma & Data segments. The company also raised its full-year 2025 revenue guidance, reflecting continued strong demand and operational execution.

• Total revenue for Q2 2025 reached $232.1 million, marking a 31% increase compared to the same period in 2024.
• Oncology revenue grew by 22% to $158.7 million, with oncology test volume increasing by 30% to approximately 64,000 tests.

The Hanover Insurance Group, Inc. delivered outstanding second quarter 2025 results, with significant increases in net income and operating income compared to the prior year. The company achieved a strong combined ratio, improved loss and LAE ratio, and increased net investment income, driven by disciplined underwriting and effective pricing strategies across all business segments.

• Net income surged to $157.1 million, or $4.30 per diluted share, a substantial increase from $40.5 million in the prior-year quarter.
• Operating income reached $158.7 million, or $4.35 per diluted share, marking a record for the second quarter.

Silgan Holdings Inc. announced strong second quarter 2025 results, with net sales increasing by 11% to $1.54 billion and net income rising to $89.0 million. Adjusted net income per diluted share grew by 15% to $1.01. The company achieved record second quarter EBIT and adjusted EBIT, with significant contributions from the Dispensing and Specialty Closures segment and continued growth in metal containers for pet food markets.

• Achieved record second quarter EBIT and adjusted EBIT, demonstrating strong overall financial performance.
• Reported record quarterly Dispensing and Specialty Closures Net Sales and Adjusted EBIT, driven by the Weener acquisition and higher organic volumes.

Glaukos Corporation achieved record net sales of $124.1 million in Q2 2025, a 30% increase year-over-year. The company significantly reduced its net loss to $19.7 million from $50.5 million in the prior year, and improved its GAAP and non-GAAP gross margins. This performance was primarily fueled by a 36% increase in Glaucoma net sales, with U.S. Glaucoma sales surging by 45%.

• Record net sales reached $124.1 million in Q2 2025, marking a 30% year-over-year increase.
• Glaucoma segment sales hit a record $103.5 million, growing 36% compared to the same period last year.

Gates Industrial delivered solid results in the second quarter of 2025, with net sales of $883.7 million, a slight decrease of 0.2% year-over-year. The company reported a net income attributable to shareholders of $56.5 million and an adjusted net income per diluted share of $0.39. Gross margin expanded, and the balance sheet improved, driven by positive core sales growth in Replacement channels and double-digit growth in the Mobility business, alongside the first growth in Agriculture since Q4 2022.

• Net sales for Q2 2025 were $883.7 million, a marginal decrease of 0.2% compared to the prior year.
• Net income attributable to shareholders reached $56.5 million, with adjusted net income per diluted share at $0.39.

Q2 Holdings delivered a strong second quarter in 2025, with revenue increasing by 13% year-over-year to $195.1 million and achieving a GAAP net income of $11.8 million, a substantial improvement from a net loss in the prior-year quarter. The company also saw robust growth in Adjusted EBITDA and subscription annualized recurring revenue, driven by solid sales execution and continued demand for its solutions.

• Revenue for Q2 2025 reached $195.1 million, marking a 13% increase year-over-year.
• The company reported a GAAP net income of $11.8 million, a significant turnaround from a GAAP net loss of $13.1 million in the same period last year.

Enact delivered strong second quarter 2025 results with GAAP Net Income of $168 million and Adjusted Operating Income of $174 million. The company maintained a robust PMIERs sufficiency of 165% and increased its full-year capital return guidance to approximately $400 million, demonstrating resilience and consistent execution in an evolving market.

• GAAP Net Income reached $168 million, or $1.11 per diluted share, showing a slight increase from the previous quarter but a decrease from the prior year.
• Adjusted Operating Income was $174 million, or $1.15 per diluted share, indicating strong operational performance.

NewMarket generated $698.5 million in revenue and $111.2 million in net income in Q2 2025. EPS increased slightly despite lower petroleum additives revenue and shipments. Strong performance in specialty materials offset some of the headwinds.

• Q2 revenue declined slightly to $698.5 million from $710.2 million last year
• Net income remained stable at $111.2 million with EPS of $11.84

Littelfuse delivered a robust performance in Q2 2025, with net sales increasing by 9.8% year-over-year to $613.4 million and diluted EPS reaching $2.30. The company saw significant growth in its Industrial segment and strong operational execution, leading to a substantial increase in operating income and net income.

• Net sales for Q2 2025 increased by 9.8% year-over-year to $613.4 million, exceeding expectations.
• Diluted EPS for the quarter was $2.30, with adjusted diluted EPS at $2.85, demonstrating strong profitability.

Element Solutions Inc delivered an outstanding second quarter in 2025, with total net sales reaching $625.2 million and diluted EPS of $0.20. The Electronics segment continued its strong performance with high-single digit organic growth, while the Industrial & Specialty segment maintained profitability despite challenging market conditions. The company also increased its full-year 2025 adjusted EBITDA guidance, reflecting confidence in its ability to navigate volatile global trade dynamics and mitigate tariff impacts.

• Net sales for the second quarter of 2025 increased to $625.2 million, up from $612.7 million in the prior year.
• The Electronics segment achieved a 9% organic net sales growth, marking its fifth consecutive quarter of high-single digit organic growth.

Option Care Health reported a strong second quarter in 2025, with net revenue increasing by 15.4% to $1,416.1 million and adjusted diluted earnings per share rising by 10.8% to $0.41. While net income saw a slight decrease, the company demonstrated resilience and continued to focus on providing strong clinical outcomes.

• Net revenue for Q2 2025 reached $1,416.1 million, marking a 15.4% increase from $1,227.2 million in Q2 2024.
• Adjusted diluted earnings per share grew by 10.8% to $0.41 in Q2 2025, up from $0.37 in Q2 2024.

FMC Corporation delivered a solid second quarter in 2025, with revenue reaching $1.05 billion, a 1% increase year-over-year, driven by a 2% organic growth. Adjusted EBITDA saw a 2% increase to $207 million, and adjusted EPS rose by 10% to $0.69. Despite a significant GAAP net income decline due to prior-year tax incentives, the company's operational performance showed strength with volume growth and favorable costs.

• Revenue for Q2 2025 was $1.05 billion, marking a 1% increase year-over-year and 2% organically.
• Adjusted EBITDA for the quarter reached $207 million, up 2% from Q2 2024, driven by favorable costs.

SPS Commerce delivered its 98th consecutive quarter of topline growth, with second-quarter 2025 revenue increasing by 22% and recurring revenue growing by 24% compared to the same period in 2024. The company reported a net income of $19.7 million and non-GAAP income per diluted share of $1.00, demonstrating strong operational performance and confidence in its full-year outlook.

• Revenue for Q2 2025 reached $187.4 million, marking a 22% increase from Q2 2024.
• Recurring revenue showed robust growth of 24% compared to the second quarter of the previous year.

Modine delivered a solid first quarter for fiscal 2026, with net sales increasing by 3% to $682.8 million, net earnings growing by 8% to $51.7 million, and adjusted EBITDA rising by 0.5% to $101.4 million. The Climate Solutions segment was a key driver of growth, benefiting from strong data center product sales and acquisitions, while Performance Technologies experienced a decline due to market weakness and product line exits.

• Net sales increased 3% to $682.8 million, primarily driven by the Climate Solutions segment.
• Net earnings rose 8% to $51.7 million, and diluted EPS increased 8% to $0.95.

For the three months ended June 30, 2025, Kite Realty Group Trust generated $214900000 in total revenues and reported net income of $28700000. Diluted EPS was $0.13, while Core FFO per diluted share was $0.53, reflecting stable operating performance and strong occupancy levels.

• Total revenue was $214900000 for the quarter.
• Net income was $28700000.

Cognex delivered a strong second quarter in 2025, with revenue increasing by 4% year-over-year to $249 million. The company achieved significant improvements in profitability, with operating income up 13% and net income up 12%. Adjusted EBITDA margin expanded to 20.7%, marking the first time it exceeded 20% since Q2 2023.

• Revenue grew 4% year-over-year to $249 million, or 3% on a constant-currency basis.
• Operating expenses declined 3% year-over-year due to disciplined cost management.

The Timken Company reported second-quarter 2025 sales of $1.17 billion, a 0.8 percent decrease from the same period last year, primarily due to lower end-market demand. Net income was $78.5 million, or $1.12 per diluted share, down from $96.2 million or $1.36 per diluted share in Q2 2024. Adjusted net income was $99.3 million, or $1.42 per diluted share. The company's net income margin was 6.7 percent, and adjusted EBITDA margin was 17.7 percent.

• Net sales for Q2 2025 were $1.17 billion, a slight decrease of 0.8% compared to Q2 2024.
• Diluted EPS was $1.12, a 17.6% decrease from $1.36 in the prior year's quarter.

VF Corporation delivered a stronger-than-expected Q1 2026, with stable revenue and improved operating performance. While Vans continued to struggle, other key brands offset the weakness. The company made progress on cost savings and debt reduction.

• Revenue reached $1.76 billion, slightly above expectations due to wholesale timing benefits.
• Adjusted EPS improved to -$0.24 from -$0.35 a year ago.

Reynolds Consumer Products reported mixed results for the second quarter of 2025. While net revenues saw a slight increase to $938 million, net income and adjusted EBITDA both decreased compared to the prior year, primarily due to lower retail volume and the timing of pricing actions. The company is focused on strategic initiatives and cost savings programs.

• Net Revenues increased slightly to $938 million, up from $930 million in Q2 2024, driven by Non-Retail Revenues.
• Net Income decreased to $73 million from $97 million in Q2 2024, impacted by CEO transition costs and strategic investments.

Euronet delivered a solid performance in Q2 2025, with 9% revenue growth and an 18% increase in operating income, driven by strong execution in all business segments and continued momentum in digital transformation.

• Revenue reached $1.074 billion, up from $986.2 million.
• Net income rose to $97.6 million with diluted EPS of $2.27.

TransMedics delivered a robust second quarter in 2025, achieving $157.4 million in total revenue, a 38% increase year-over-year, and a net income of $34.9 million. The growth was primarily driven by increased utilization of the Organ Care System (OCS) in Liver and Heart through the National OCS Program (NOP) and related service revenue, supported by the expansion of their aviation fleet.

• Total revenue reached $157.4 million in Q2 2025, marking a 38% increase compared to Q2 2024.
• Net income for Q2 2025 was $34.9 million, or $0.92 per fully diluted share.

Independence Realty Trust delivered a solid second quarter, with same-store NOI growth of 2.0% and CFFO of $0.28 per share, meeting management's expectations despite a challenging macroeconomic environment. The company successfully completed 454 renovations in its value-add program, achieving a 16.2% ROI, and is actively pursuing strategic acquisitions and dispositions to optimize its portfolio and deploy capital accretively.

• Q2 2025 EPS was $0.03, and CFFO per share was $0.28, aligning with the company's expectations.
• Same-store portfolio Net Operating Income (NOI) increased by 2.0% for the quarter, driven by a 1.0% increase in revenues and a 0.6% decline in operating expenses.

Black Hills Corp. delivered strong earnings in the second quarter of 2025, with significant increases in revenue, net income, and EPS compared to the prior year. The company benefited from new rates and rider recovery, particularly in its Gas Utilities segment, and milder weather in the prior year. Despite higher operating expenses, financing, and depreciation costs, Black Hills Corp. maintained solid financial credit metrics and is on track with its $1 billion capital plan for the year, reaffirming its 2025 earnings guidance.

• Revenue increased to $439.0 million in Q2 2025 from $402.6 million in Q2 2024, reflecting growth across both Electric and Gas Utilities.
• Diluted EPS rose to $0.38 in Q2 2025 from $0.33 in Q2 2024, primarily due to new rates and rider recovery.

Tenable announced strong second-quarter 2025 financial results, with revenue increasing by 12% year-over-year to $247.3 million and non-GAAP operating margin reaching 19%. The company also reported significant growth in calculated current billings and unlevered free cash flow, driven by the adoption of its exposure management platform and strategic customer investments in security.

• Revenue for Q2 2025 reached $247.3 million, marking a 12% increase year-over-year.
• Non-GAAP operating margin stood at 19%, demonstrating strong operational efficiency.

Rush Enterprises faced continued challenging market conditions in Q2 2025, including a persistent freight recession, economic uncertainty, and unclear engine emissions regulations, which impacted demand for new vehicles and aftermarket products. Despite these headwinds, the company achieved revenues of $1.931 billion and a net income of $72.4 million, demonstrating resilience through strong operational discipline and customer service.

• Revenues for Q2 2025 were $1.931 billion, a decrease from $2.027 billion in Q2 2024, reflecting challenging market conditions.
• Net income for the quarter was $72.4 million, or $0.90 per diluted share, compared to $78.7 million, or $0.97 per diluted share, in the prior year.

CBIZ delivered robust financial performance in the second quarter of 2025, with total revenue surging by 62.7% to $683.5 million and net income more than doubling to $41.9 million. Adjusted EBITDA saw an impressive 127.9% increase, highlighting the positive impact of strategic acquisitions, particularly Marcum.

• Total revenue for Q2 2025 reached $683.5 million, marking a 62.7% increase from the same period last year.
• Net income for the quarter was $41.9 million, representing a substantial 111.9% rise year-over-year.

Scotts Miracle-Gro delivered strong financial performance in the third quarter of fiscal 2025, with significant improvements in gross margin and U.S. Consumer net sales. The company's GAAP and non-GAAP adjusted earnings per share increased, and non-GAAP adjusted EBITDA saw a notable rise, reinforcing confidence in achieving full-year guidance.

• Total company net sales decreased 1% to $1.19 billion in the fiscal third quarter.
• GAAP gross margin rate improved to 31.8% and non-GAAP adjusted gross margin rate improved to 32.1%.

Compass delivered its best quarterly results in history, significantly outperforming the market with strong growth in revenue, net income, and key operational metrics. The company achieved record market share and robust agent retention, demonstrating the strength of its value proposition and platform.

• Revenue increased by 21.1% year-over-year to $2.06 billion, driven by a 20.9% increase in total transactions.
• GAAP Net Income grew 90.3% year-over-year to a record $39.4 million.

Valaris reported $615 million in total revenue and $114 million in net income for Q2 2025, with robust performance from both floaters and jackups. The company also achieved 96% revenue efficiency and generated $63 million in adjusted free cash flow.

• Total operating revenue was $615 million with 96% revenue efficiency
• Net income reached $114 million and EPS was $1.61

Genworth Financial delivered solid second quarter 2025 results, with net income of $51 million and adjusted operating income of $68 million. Enact continued its strong performance, contributing significantly to capital returns, while the company made progress on its long-term care insurance multi-year rate action plan and expanded its CareScout product suite.

• Genworth reported a net income of $51 million, or $0.12 per diluted share, and an adjusted operating income of $68 million, or $0.16 per diluted share.
• Enact delivered strong adjusted operating income of $141 million and distributed $94 million in capital returns to Genworth.

Impinj delivered a strong second quarter in 2025, exceeding its revenue and adjusted EBITDA guidance. The company reported revenue of $97.9 million and a GAAP net income of $11.6 million, or $0.39 per diluted share. Non-GAAP net income was $24.5 million, or $0.80 per diluted share, highlighting robust operational performance.

• Second-quarter 2025 revenue reached $97.9 million, exceeding the company's guidance.
• Adjusted EBITDA for Q2 2025 was $27.6 million, also surpassing guidance.

Blackbaud reported strong second quarter 2025 results, with GAAP total revenue of $281.4 million and non-GAAP organic revenue growth of 6.8%. The company significantly exceeded the Rule of 40, achieving its highest quarterly performance in this metric, and raised its full-year 2025 financial guidance across all key metrics.

• GAAP total revenue was $281.4 million, a 2.1% decrease year-over-year, primarily due to the divestiture of EVERFI.
• Non-GAAP organic revenue increased by 6.8%, demonstrating strong underlying business growth.

Hayward Holdings delivered a strong second quarter in fiscal year 2025, with net sales increasing 5% year-over-year to $299.6 million. The company saw significant growth in net income, up 19% to $44.8 million, and adjusted EBITDA increased 7% to $88.2 million. Diluted EPS rose 18% to $0.20, and adjusted diluted EPS increased 14% to $0.24. Gross profit margins reached a record 52.7%, and net leverage declined to 2.1x, the lowest in over three years.

• Net Sales increased 5% year-over-year to $299.6 million, driven by positive net price and acquisitions.
• Net Income grew 19% year-over-year to $44.8 million, with net income margin expanding 180 basis points to 15.0%.

Harley-Davidson experienced a challenging second quarter in 2025 with consolidated revenue down 19% and net income attributable to HDI down 51% year-over-year. This was largely driven by a 23% decrease in HDMC revenue and a 28% drop in global motorcycle shipments. Despite the downturn in core motorcycle business, the company announced a strategic partnership for Harley-Davidson Financial Services (HDFS) with KKR and PIMCO, valued at approximately 1.75x post-transaction book value, expected to unlock $1.25 billion in cash.

• Consolidated revenue decreased by 19% to $1,307 million in Q2 2025 compared to $1,619 million in Q2 2024.
• Net income attributable to HDI fell by 51% to $108 million, and diluted EPS decreased by 46% to $0.88.

Alignment Healthcare delivered a robust second quarter in 2025, with total revenue reaching $1.015 billion, a 49% increase year-over-year, and health plan membership growing by 27.8% to 223,700. The company surpassed its Q2 guidance for membership, revenue, adjusted gross profit, and adjusted EBITDA, demonstrating strong financial performance and operational efficiency.

• Total revenue for Q2 2025 reached $1.015 billion, marking a significant 49.0% increase compared to the same period last year.
• Health plan membership grew to approximately 223,700 as of June 30, 2025, representing a 27.8% year-over-year increase.

MYR Group reported a strong second quarter in 2025, with revenues reaching $900.3 million and a record net income of $26.5 million. The company also achieved a record quarterly EBITDA of $55.6 million and increased its backlog to $2.64 billion. Gross profit and gross margin significantly improved compared to the same period last year, driven by higher margins and revenues.

• Quarterly revenues increased to $900.3 million, up $71.4 million from Q2 2024.
• Record quarterly net income of $26.5 million, or $1.70 per diluted share, compared to a net loss in Q2 2024.

LXP Industrial Trust delivered a strong second quarter in 2025, with significant increases in net income and a solid performance in Adjusted Company FFO. The company achieved a major milestone by leasing a large development facility, contributing to increased occupancy and future FFO. Strategic asset sales and debt repurchases further strengthened the balance sheet and improved debt metrics.

• Total gross revenues for Q2 2025 increased to $87.7 million, up from $85.8 million in Q2 2024, driven by acquisitions, rent increases, and stabilized development projects.
• Net income attributable to common shareholders significantly rose to $27.5 million ($0.09 per diluted share) in Q2 2025, compared to $3.8 million ($0.01 per diluted share) in Q2 2024.

FormFactor, Inc. announced second-quarter fiscal 2025 revenues of $195.8 million, surpassing its outlook range. However, GAAP net income was $9.1 million ($0.12 per diluted share) and non-GAAP net income was $21.2 million ($0.27 per diluted share), with gross margins and overall profitability falling short of expectations due to an unfavorable product mix and unforecasted ramp-up costs for a new HBM DRAM customer.

• Second-quarter revenue reached $195.8 million, exceeding the company's outlook range.
• GAAP net income was $9.1 million, or $0.12 per diluted share, a decrease from $19.4 million in Q2 2024.

The Chefs' Warehouse demonstrated robust performance in Q2 2025, with net sales climbing 8.4% to $1.0349 billion and GAAP net income rising to $21.2 million. The company saw improved profitability across its network, driven by strong unit volume and unique item placement growth, particularly in its specialty category.

• Net sales increased by 8.4% to $1,034.9 million in Q2 2025, up from $954.7 million in Q2 2024.
• GAAP net income grew to $21.2 million ($0.49 per diluted share) in Q2 2025, compared to $15.5 million ($0.37 per diluted share) in the prior year.

TTM Technologies delivered a strong second quarter in 2025, with net sales increasing by 21% year-over-year to $730.6 million. The company achieved a record quarterly non-GAAP EPS of $0.58, surpassing the high end of their guidance. Growth was primarily fueled by robust demand in the Aerospace and Defense, Medical, Industrial and Instrumentation, Data Center Computing, and Networking sectors, with generative AI requirements contributing to the latter two.

• Net sales for Q2 2025 reached $730.6 million, marking a 21% increase compared to Q2 2024.
• Non-GAAP diluted EPS was a record $0.58, exceeding the guided range.

Urban Edge Properties delivered a strong second quarter in 2025, achieving a record FFO as Adjusted of $0.36 per share and a significant 7.4% growth in same-property NOI including redevelopment. The company continued its capital recycling program with $41 million in non-core property sales during the quarter, contributing to $66 million in year-to-date asset sales. Based on these robust results, the full-year guidance for FFO as Adjusted has been raised.

• FFO as Adjusted reached a quarterly record of $0.36 per share.
• Same-property NOI growth, including redevelopment, increased by over 7% for the quarter.

Applied Digital demonstrated strong performance in its Data Center Hosting business, with a 41% increase in Q4 revenue. The company also secured transformative long-term lease agreements with CoreWeave for its HPC data centers, positioning itself for substantial future growth in the AI infrastructure market.

• Q4 2025 revenue reached $38.0 million, a 41% increase year-over-year, primarily driven by increased capacity in the Data Center Hosting Business.
• Net loss attributable to common stockholders for Q4 2025 was $26.6 million, a 25% improvement compared to the prior year.

EVERTEC delivered a strong second quarter in 2025, with revenue increasing by 8% to $229.6 million and GAAP Net Income attributable to common shareholders rising by 27% to $40.5 million. The company also saw an 8% increase in Adjusted EBITDA to $92.6 million and a 7% increase in Adjusted earnings per common share to $0.89. This performance was driven by organic growth across all segments and contributions from recent acquisitions, leading the company to raise its full-year guidance and increase its share repurchase authorization.

• Revenue increased by 8% to $229.6 million, or approximately 10% on a constant currency basis, driven by organic growth across all segments and recent acquisitions.
• GAAP Net Income attributable to common shareholders grew by 27% to $40.5 million, resulting in $0.62 per diluted share.

Scorpio Tankers experienced a substantial decline in its financial performance for the second quarter of 2025, with net income falling to $73.5 million from $227.3 million in Q2 2024. This downturn was largely driven by a $150.7 million decrease in Time Charter Equivalent (TCE) revenue, as market conditions normalized following the elevated freight rates seen in the prior year due to Red Sea disruptions. Despite the revenue challenges, the company managed to reduce vessel operating costs and financial expenses, reflecting effective cost management and deleveraging efforts.

• Net income for Q2 2025 was $73.5 million, a significant decrease from $227.3 million in Q2 2024.
• TCE revenue decreased by $150.7 million to $222.8 million in Q2 2025, primarily due to the normalization of daily TCE rates.

Newmark reported Q2 2025 total revenues of $759,100,000, up 19.9% year-over-year, on strength across major business lines. GAAP net income was $28,800,000 with EPS of $0.11. Adjusted EPS was $0.31, reflecting solid operating leverage and continued momentum in Capital Markets and recurring services. Full-year guidance was raised for revenues and adjusted earnings.

• Total revenues rose 19.9% year-over-year to $759,100,000 in Q2 2025. :contentReference[oaicite:0]{index=0}
• Adjusted EPS increased 40.9% year-over-year to $0.31. :contentReference[oaicite:1]{index=1}

Albany International experienced a challenging second quarter in 2025, with overall financial results lagging expectations due to timing and operational issues. Net revenues decreased by 6.2% year-over-year, and net income attributable to the company fell sharply from $24.6 million in Q2 2024 to $9.2 million in Q2 2025. Both Machine Clothing and Albany Engineered Composites segments saw revenue declines, with gross profit also decreasing.

• Net revenues for Q2 2025 were $311 million, a 6.2% decrease from the prior year, or 7.4% after adjusting for currency translation.
• Net income attributable to the Company was $9 million ($0.31 per share), significantly down from $25 million ($0.79 per share) in Q2 2024.

OneSpaWorld generated Q2 2025 total revenues of 240700000 and net income of 19900000, while Adjusted EBITDA reached 30500000 driven by increased service and product revenues along with strong operating performance.

• Total revenues increased 7% to 240700000 year over year.
• Net income increased 27% to 19900000 with diluted EPS of 0.19.

The Vita Coco Company delivered a solid second quarter in 2025, with net sales increasing by 17% to $169 million, primarily driven by a 25% growth in Vita Coco Coconut Water sales. Net income rose by $4 million to $23 million, while Non-GAAP Adjusted EBITDA decreased by $3 million to $29 million. The company also raised its full-year net sales guidance.

• Net sales increased 17% to $169 million in Q2 2025, up from $144 million in the prior year period.
• Vita Coco Coconut Water net sales grew 25% globally, with Americas growing 22% and International growing 43%.

Pitney Bowes reported a revenue of $462 million for Q2 2025, a 6% decrease year-over-year. Despite the revenue decline, the company saw significant improvements in profitability, with GAAP EPS at $0.17 and Adjusted EPS at $0.27. Net income reached $30 million, and Adjusted EBIT improved by 37% to $102 million, driven by strong performance in SendTech Solutions and Presort Services.

• Revenue for Q2 2025 was $462 million, a 6% decrease year-over-year, primarily due to the conclusion of a product migration in SendTech Solutions.
• GAAP EPS improved to $0.17 and Adjusted EPS increased to $0.27, reflecting a $0.30 and $0.16 improvement respectively year-over-year.

Steven Madden, Ltd. experienced a challenging second quarter in 2025, primarily due to the impact of new tariffs on imported goods. Despite a 6.8% increase in total revenue to $559.0 million, the company reported a net loss of $39.5 million and a loss from operations of $40.3 million. The wholesale business saw a decline, while direct-to-consumer revenue significantly increased, largely driven by the acquisition of Kurt Geiger.

• Total revenue increased by 6.8% to $559.0 million in Q2 2025, up from $523.6 million in Q2 2024.
• The company reported a net loss attributable to Steven Madden, Ltd. of ($39.5) million, or ($0.56) per diluted share, compared to net income of $35.4 million, or $0.49 per diluted share, in Q2 2024.

PC Connection achieved its fifth consecutive quarter of year-over-year net sales growth, reaching $759.7 million, an increase of 3.2%. Despite this, net income decreased by 5.2% to $24.8 million, and diluted EPS fell to $0.97 from $0.99 in the prior year, primarily due to a decrease in gross margin.

• Net sales increased by 3.2% year-over-year to $759.7 million, marking the fifth consecutive quarter of growth.
• Gross profit rose by 0.9% to $137.8 million, but gross margin decreased by 40 basis points to 18.1%.

Materion delivered strong second-quarter 2025 financial results, achieving record adjusted EBITDA margins and robust free cash flow, despite a slowdown in demand from China. The company's operational performance and cost improvements were key drivers, and it remains confident in its full-year guidance due to improving market dynamics and new business wins.

• Net sales for the second quarter of 2025 were $431.7 million, an increase from $425.9 million in the prior year period.
• Net income rose to $25.1 million, or $1.21 per diluted share, compared to $19.0 million, or $0.91 per share, in the prior year quarter.

Fresh Del Monte Produce Inc. reported a strong second quarter in 2025, with net sales increasing by 4% to $1,182.5 million and gross profit rising by 6% to $120.1 million. The growth was primarily fueled by higher per unit selling prices and favorable exchange rates in the fresh and value-added products and banana segments. Operating income also saw a slight increase to $68.3 million, and net income attributable to Fresh Del Monte Produce Inc. grew to $56.8 million.

• Net sales for Q2 2025 increased by 4% year-over-year, reaching $1,182.5 million, driven by higher selling prices and favorable exchange rates.
• Gross profit rose by 6% to $120.1 million, with gross margin expanding to 10.2%, primarily due to strong performance in specialty pineapple varieties and fresh-cut fruit offerings.

Benchmark Electronics reported a slight increase in revenue sequentially, reaching $642 million, driven by growth in A&D and recovery in Industrial and Medical sectors. Despite a decrease in GAAP EPS, non-GAAP EPS remained strong at $0.55, and the company achieved a multi-year record in new bookings.

• Revenue for Q2 2025 was $642 million, showing sequential growth.
• GAAP Operating Income was $20 million, and Non-GAAP Operating Income was $30 million.

Rush Street Interactive delivered an exceptional second quarter in 2025, achieving record revenue of $269.2 million, a 22% increase year-over-year. The company also reported a significant turnaround in profitability with a record net income of $28.8 million and a substantial 88% increase in Adjusted EBITDA to $40.2 million. This strong performance was driven by broad-based growth across its business, particularly in online casino revenue, and led to an upward revision of its full-year 2025 guidance.

• Record quarterly revenue reached $269.2 million, marking a 22% increase compared to the second quarter of 2024.
• The company achieved a record quarterly net income of $28.8 million, a significant improvement from a net loss in the prior year.

Stepan Company reported a strong second quarter in 2025, with net income increasing by 19% to $11.3 million and adjusted net income rising by 27% to $12.0 million. This growth was primarily fueled by improved results in the Polymers segment and the Crop Productivity business, coupled with a favorable effective tax rate. Adjusted EBITDA also saw an 8% increase year-over-year, reaching $51.4 million, despite higher start-up costs at the new Pasadena alkoxylation site and increased oleochemical raw material costs.

• Net income increased by 19% to $11.3 million, and adjusted net income rose by 27% to $12.0 million, driven by Polymer and Crop Productivity earnings growth.
• Adjusted EBITDA grew by 8% to $51.4 million, primarily due to a 7% increase in Polymer sales volume and the non-recurrence of prior year's fraud-related expenses.

Employers Holdings, Inc. experienced a mixed second quarter in 2025. While net premiums earned saw a healthy 6% increase, net income per diluted share and adjusted net income per diluted share both decreased. The company faced challenges with an increased loss and loss adjustment expense ratio, primarily due to a rise in cumulative trauma claims in California, leading to a higher GAAP combined ratio. Despite these headwinds, the company maintained a strong balance sheet and continued to return capital to shareholders through dividends and share repurchases.

• Net income per diluted share decreased by 2% to $1.23, and adjusted net income per diluted share significantly decreased by 56% to $0.48.
• Gross premiums written slightly decreased by 2% to $203.3 million, while net premiums earned increased by 6% to $198.3 million.

Custom Truck One Source, Inc. delivered a robust second quarter in 2025, achieving substantial year-over-year revenue growth of 20.9% to $511.5 million and a 16.7% increase in Adjusted EBITDA to $93.4 million. This performance was fueled by strong demand in core markets, particularly within the Equipment Rental Solutions (ERS) and Truck and Equipment Sales (TES) segments, leading to increased rental revenue, equipment sales, and improved fleet utilization.

• Total revenue increased by 20.9% year-over-year to $511.5 million, with growth observed across all segments.
• Adjusted EBITDA rose by 16.7% to $93.4 million, primarily due to increased gross profit and lower interest expense on variable-rate floor plan liabilities.

Fiverr’s Q2 2025 results showcased growth in services revenue and improved non-GAAP EPS, while reaffirming guidance despite a decline in active buyers.

• Total revenue reached $108,648,000, growing year-over-year.
• GAAP net income was $3,188,000 with EPS of $0.09.

Udemy reported a strong second quarter in 2025, achieving GAAP profitability with a net income of $6.3 million, a significant improvement from a loss in the prior year. Total revenue increased by 3% year-over-year to $199.9 million, driven by a 7% growth in the Enterprise segment. The company also reported positive free cash flow of $39.0 million and surpassed 200,000 paid consumer subscribers.

• Achieved GAAP profitability with a net income of $6.3 million, marking an inflection point in the company's evolution.
• Total revenue grew 3% year-over-year to $199.9 million, with the Enterprise segment showing robust growth of 7%.

Franklin BSP Realty Trust, Inc. reported a GAAP net income of $24.4 million for Q2 2025, an increase from the previous quarter. The company also saw strong loan repayments and maintained a robust liquidity position, while making progress on its legacy portfolio and completing the acquisition of NewPoint Holdings JV LLC.

• GAAP net income increased to $24.4 million in Q2 2025 from $23.7 million in Q1 2025.
• Distributable Earnings significantly improved to $29.0 million in Q2 2025, compared to $(6.2) million in Q1 2025.

Mimedx achieved its highest quarterly net sales in company history, reaching $99 million, driven by double-digit growth in both Wound and Surgical product categories. The company also reported a record Adjusted EBITDA of $24 million, reflecting strong operational efficiency and expense discipline. GAAP net income and diluted EPS were $10 million and $0.06, respectively.

• Net sales for Q2 2025 reached a record $99 million, a 13% increase year-over-year.
• Adjusted EBITDA for the quarter was $24 million, representing 25% of net sales.

Tronox Holdings plc experienced a challenging second quarter in 2025, with revenue decreasing by 11% year-over-year to $731 million and a net loss of $85 million. The decline was primarily driven by weaker demand across most end markets, impacting TiO2 and zircon sales volumes and prices. The company also incurred significant restructuring charges related to the idling of its Botlek pigment plant. Despite the downturn, Tronox is implementing cost improvement programs and adjusting capital allocation priorities to navigate the market conditions.

• Revenue for Q2 2025 was $731 million, an 11% decrease compared to Q2 2024, primarily due to lower TiO2 and zircon sales volumes and prices.
• The company reported a GAAP diluted loss per share of $0.53 and an adjusted diluted loss per share of $0.28, with a net loss of $85 million.

NETGEAR delivered a strong second quarter, with revenue of $170.5 million, an 18.5% increase year-over-year, and achieved positive non-GAAP EPS of $0.06. The company saw significant improvements in gross margin and contribution margin across all business units, driven by strategic investments and new product launches. The acquisition of Exium was completed, enhancing the NETGEAR for Business offering.

• Q2 2025 net revenue reached $170.5 million, an 18.5% increase compared to the prior year.
• GAAP gross margin improved significantly to 37.5%, and non-GAAP gross margin to 37.8%, both record highs.

EZCORP delivered record Q3 revenue and achieved all-time high Pawn Loans Outstanding (PLO), reflecting strong demand for immediate cash solutions and secondhand goods. The company's disciplined execution and efficiency gains translated into significant earnings growth, with adjusted EBITDA increasing by 42% and diluted EPS growing by 36%. Strategic expansion, including 52 new stores, further contributed to the positive performance.

• Total revenues increased 11% to $311.0 million, and gross profit increased 10% to $183.6 million.
• Net income surged 48% to $26.5 million, with diluted earnings per share rising 36% to $0.34.

Ethan Allen reported consolidated net sales of $160.4 million for Q4 fiscal 2025, with a gross margin of 59.9% and adjusted diluted EPS of $0.49. The company generated strong operating cash flow, increasing its total cash and investments to $196.2 million, and continued its history of returning capital to shareholders.

• Consolidated net sales for Q4 fiscal 2025 were $160.4 million, a decrease from $168.6 million in the prior year.
• Gross margin remained strong at 59.9% for the quarter, despite a slight decrease from 60.8% in the prior year.

ProPetro experienced a challenging second quarter in 2025, with total revenue decreasing by 9% to $326 million and a net loss of $7 million, or $0.07 per diluted share, compared to a net income in the previous quarter. Despite the downturn, the company maintained operational and financial stability, supported by its capital-light investment strategy and cost control, and secured a significant 10-year contract for its PROPWR service capacity.

• Total revenue for Q2 2025 was $326 million, a 9% decrease from the prior quarter's $359 million.
• The company reported a net loss of $7 million ($0.07 loss per diluted share) in Q2 2025, a decline from a net income of $10 million ($0.09 income per diluted share) in the previous quarter.

SunCoke Energy delivered $434.1 million in Q2 2025 revenue but saw steep declines in net income attributable to the company and adjusted EBITDA, reflecting mix headwinds in coke sales and softer logistics volumes amid ongoing strategic repositioning including the Phoenix Global acquisition. :contentReference[oaicite:0]{index=0}

• Total revenue declined to $434,100,000 in Q2 2025, down from $470,900,000 in the prior year period. :contentReference[oaicite:1]{index=1}
• Net income attributable to SunCoke Energy was $1,900,000, sharply lower year-over-year, with diluted EPS of $0.02. :contentReference[oaicite:2]{index=2}

Whitestone REIT delivered a strong second quarter in 2025, marked by a 5.4% year-over-year increase in Core FFO per share, a 100 basis point rise in occupancy to 93.9% from Q1 2025, and a 5.3% year-over-year growth in average base rent per leased square foot to $25.28. The company benefited from a robust leasing environment in its Sun Belt markets.

• Core FFO per share increased by 5.4% year-over-year.
• Occupancy grew by 100 basis points from Q1 2025, reaching 93.9%.

New York Mortgage Trust, Inc. delivered a solid second quarter performance, with recurring earnings exceeding the dividend, driven by effective capital allocation and a strong liquidity position. A key highlight was the acquisition of Constructive, which is expected to accelerate the company's expansion into residential business purpose lending and diversify its balance sheet.

• Recurring earnings surpassed the dividend, indicating strong operational performance.
• The acquisition of Constructive marks a significant step in expanding into residential business purpose lending.

Thryv Holdings, Inc. delivered a solid second quarter in 2025, with SaaS revenue increasing by 48% year-over-year to $115.0 million and achieving a record SaaS Adjusted EBITDA margin of 20.3%. The company's consolidated total revenue was $210.5 million, and net income reached $13.9 million, or $0.31 per diluted share. Thryv also successfully navigated the anticipated leverage increase from its SaaS transformation and reduced term debt by $26 million.

• SaaS revenue grew by 48% year-over-year to $115.0 million, with SaaS revenue excluding Keap increasing by 25% year-over-year to $97.3 million.
• Consolidated net income was $13.9 million, or $0.31 per diluted share, a significant increase from $5.5 million, or $0.15 per diluted share, in Q2 2024.

Monro, Inc. announced its first quarter fiscal 2026 financial results, reporting a 2.7% increase in sales to $301.0 million, driven by a 5.7% increase in comparable store sales. However, the company experienced a net loss of $8.1 million and a diluted loss per share of $0.28, primarily due to significant store closing costs and consulting expenses related to its operational improvement plan. Adjusted diluted earnings per share remained flat at $0.22.

• Sales for the first quarter of fiscal 2026 increased by 2.7% to $301.0 million.
• Comparable store sales increased by 5.7%, marking two consecutive quarters of positive comps.

Hudson Technologies delivered a solid second quarter despite a slow start to the core selling season, achieving $72.8 million in revenue and a gross margin of 31%. The company reported a net income of $10.2 million and ended the quarter with $84.3 million in cash and no debt.

• Second quarter revenue was $72.8 million, a 3% decrease compared to the same period in 2024.
• Gross margin improved to 31% in Q2 2025, up from 30% in Q2 2024, primarily due to increased pricing of certain refrigerants.

Regional Management Corp. delivered a very strong second quarter in 2025, achieving record originations and revenue, alongside significant improvements in credit performance and an all-time best operating expense ratio. Net income increased by 20% year-over-year to $10.1 million, with diluted EPS reaching $1.03. The company's net finance receivables grew by 10.5% year-over-year, driven by new branch openings and a balanced growth strategy in both auto-secured and higher-margin small loan portfolios. Credit metrics showed improvement, with 30+ day contractual delinquencies and net credit loss rates decreasing.

• Net income for Q2 2025 was $10.1 million, a 20.1% increase year-over-year, with diluted earnings per share of $1.03, up 19.8%.
• Total revenue reached a record $157.4 million, growing 10.1% from the prior-year period, primarily due to a 10.5% increase in average net finance receivables.

ZimVie reported net sales of $116.7 million for the second quarter of 2025, a slight decrease of 0.1% year-over-year. The company significantly improved its net loss, reducing it to $(3.8) million from $(9.6) million in the prior year, and achieved an adjusted diluted EPS of $0.26. Adjusted EBITDA also saw an increase to $17.5 million, reflecting improved operational efficiency.

• Net sales for Q2 2025 were $116.7 million, a marginal decrease of 0.1% compared to Q2 2024.
• Net loss from continuing operations improved significantly to $(3.8) million in Q2 2025, from $(9.6) million in Q2 2024.

Forge Global Holdings, Inc. delivered a strong second quarter in fiscal year 2025, marked by record revenue and significantly improved Adjusted EBITDA. The company's strategic initiatives, including the launch of its Next Generation Marketplace, are driving growth across its key verticals.

• Total revenues less transaction-based expenses increased 10% quarter-over-quarter to $27.6 million, marking the second consecutive record revenue quarter as a public company.
• Adjusted EBITDA loss improved to $5.4 million, the lowest as a public company, demonstrating enhanced operational efficiency.

Blue Foundry Bancorp reported a net loss of $2.0 million for the second quarter of 2025, an improvement from the $2.7 million net loss in the previous quarter and $2.3 million in the same period last year. The company saw an increase in loans and deposits, alongside an expanded net interest margin, indicating a positive trend in its financial performance.

• Net loss improved to $2.0 million in Q2 2025, down from $2.7 million in Q1 2025 and $2.3 million in Q2 2024.
• Net interest margin expanded by 12 basis points to 2.28% compared to the linked quarter, and by 32 basis points compared to Q2 2024.

Diana Shipping Inc. reported a net income of $4.5 million for the second quarter of 2025, a substantial improvement from a net loss of $2.8 million in the same period last year. Earnings per share also turned positive at $0.03. Time charter revenues slightly decreased to $54.7 million, primarily due to fewer ownership days, partially offset by increased average charter rates. The company also declared a cash dividend of $0.01 per share.

• Diana Shipping Inc. achieved a net income of $4.5 million in Q2 2025, a significant improvement from a net loss of $2.8 million in Q2 2024.
• Earnings per share for Q2 2025 were $0.03, reversing a loss per share of $0.04 in the prior year's quarter.

Sleep Number experienced a challenging second quarter in 2025, with net sales dropping by 19.7% to $328 million and a net loss of $25 million, compared to a $5 million net loss in the prior year. Despite the sales decline, the company maintained its gross profit margin at 59.1% and successfully reduced operating expenses by 21% year-over-year, excluding restructuring costs. The company is undergoing a turnaround, implementing significant cost savings and new marketing and product initiatives.

• Net sales for Q2 2025 were $328 million, a 19.7% decrease compared to Q2 2024.
• The company reported a net loss of $25 million in Q2 2025, a significant increase from the $5 million net loss in Q2 2024.

Pulmonx achieved worldwide revenue of $23.9 million in Q2 2025, a 15% increase year-over-year, driven by strong international performance. Despite this growth, the company revised its full-year revenue guidance downwards due to slower-than-expected revenue conversion from U.S. initiatives, while also reducing its operating expense outlook.

• Worldwide revenue reached $23.9 million in Q2 2025, marking a 15% increase compared to the same period last year.
• International revenue grew significantly by 32% year-over-year to $9.1 million, providing a solid foundation for the quarter.