Reports

AMD achieved record revenue of $7.685 billion and net income of $872 million in Q2 2025. Despite an operating loss due to export restrictions affecting its data center GPU business, the company saw strong demand across client and gaming segments. Non-GAAP EPS was $0.48.

• Q2 2025 revenue reached a record $7.685 billion, up 32% YoY.
• Net income was $872 million despite a GAAP operating loss of $134 million.

Caterpillar delivered solid operational performance in Q2 2025, though EPS and revenue declined slightly year-over-year. Strong demand in Energy & Transportation helped offset weaker results in Construction and Resource Industries.

• Revenue was $16.569 billion, down 1% from the prior year due to unfavorable price realization.
• Adjusted EPS came in at $4.72, compared to $5.99 in Q2 2024.

Amgen delivered solid Q2 2025 performance, posting growth in EPS, revenue, and net income, with 15 products achieving double-digit sales increases and robust contributions from key therapies like Repatha and EVENITY.

• Total revenues increased 9% year-over-year to $9.179 billion, driven by strong product sales.
• GAAP diluted EPS increased 92% to $2.65, and non-GAAP diluted EPS increased 21% to $6.02.

Pfizer delivered a robust second quarter in 2025, with revenues reaching $14.7 billion, marking a 10% operational increase year-over-year. The company's reported diluted EPS was $0.51, while adjusted diluted EPS stood at $0.78, reflecting a 30% increase. This strong performance led Pfizer to reaffirm its full-year 2025 revenue guidance and raise its adjusted diluted EPS guidance, demonstrating confidence in its strategic execution and operational efficiency.

• Second-quarter 2025 revenues increased by 10% operationally year-over-year, reaching $14.7 billion.
• Reported diluted EPS for Q2 2025 was $0.51, and Adjusted diluted EPS was $0.78, a 30% increase from the prior year.

Eaton delivered record financial results in Q2 2025, driven by 8% organic growth, robust performance in Electrical and Aerospace segments, and a growing backlog. Adjusted EPS reached $2.95, with total revenue at $7.028 billion and net income at $982 million.

• Achieved record adjusted EPS of $2.95 and revenue of $7.028 billion.
• Reported 8% organic sales growth, reaching the high end of guidance.

Arista Networks delivered a robust second quarter in 2025, with total revenue reaching $2.205 billion, marking a 30.4% increase year-over-year. The company achieved GAAP net income of $888.8 million and non-GAAP net income of $923.5 million, with non-GAAP operating income exceeding $1 billion for the first time, driven by strong customer demand and efficient scaling.

• Total revenue for Q2 2025 was $2.205 billion, a 30.4% increase from Q2 2024.
• GAAP diluted EPS was $0.70, up from $0.52 in Q2 2024.

Duke Energy reported a 9.6% increase in net income and a 4.7% rise in revenue for Q2 2025. Both GAAP and adjusted EPS reached $1.25, surpassing Wall Street expectations. The performance was driven by improved operational efficiency and steady customer demand.

• Net income increased to $971 million from $886 million last year
• Revenue rose to $7.508 billion, a 4.7% increase from Q2 2024

TransDigm posted a solid quarter with strong performance in its commercial aftermarket and defense segments, offsetting weaker OEM sales. EPS and EBITDA As Defined saw healthy gains.

• Revenue grew to $2.237 billion, driven by commercial aftermarket and defense sales.
• Net income rose to $493 million despite higher interest expenses.

BP delivered $47.68 billion in revenue and $1.63 billion in net income in Q2 2025. Operational reliability exceeded 96%, with notable upstream strength and progress in structural cost reductions. Shareholder returns were enhanced with a 4% dividend hike and a $750 million buyback.

• Revenue for Q2 2025 was $47.68 billion.
• Net income reached $1.63 billion, supported by strong operational performance.

Apollo Global Management delivered a robust Q2 2025, with record Fee Related Earnings and strong performance in both asset management and retirement services. Total AUM reached $840 billion, supported by significant quarterly inflows and continued strategic capital deployment.

• Adjusted Net Income was $1.179 billion or $1.92 per share.
• Record quarterly Fee Related Earnings of $627 million driven by higher management and capital solutions fees.

Marriott delivered strong Q2 2025 results, driven by international RevPAR growth, record pipeline expansion, and solid earnings. The company continued to return capital to shareholders and launched new strategic brand initiatives.

• Adjusted EBITDA reached $1.415B, up 7% YoY.
• Net income for the quarter was $763M.

Zoetis delivered strong Q2 2025 results with $2.5B in revenue and $718M in net income, driven by an 8% increase in companion animal sales. The company raised its full-year 2025 outlook based on continued disciplined execution and robust performance in the first half.

• Revenue grew to $2.5B with 8% organic growth
• Net income increased to $718M, up 15% YoY

Aflac Incorporated reported a significant decline in second-quarter 2025 results, with total revenues falling to $4.2 billion from $5.1 billion in Q2 2024, primarily due to net investment losses. Net earnings decreased to $599 million, or $1.11 per diluted share, from $1.8 billion, or $3.10 per diluted share, in the prior year. Despite the overall decline, Aflac Japan and Aflac U.S. segments showed growth in net earned premiums and sales.

• Total revenues decreased by 19.0% to $4.16 billion, primarily driven by net investment losses of $421 million compared to gains in the prior year.
• Net earnings plummeted by 65.9% to $599 million, or $1.11 per diluted share, largely due to the aforementioned investment losses.

MPLX delivered a strong Q2 with $1.048 billion in net income and robust free cash flow of $1.13 billion, while maintaining a healthy balance sheet and executing on strategic growth initiatives including the Northwind Midstream acquisition.

• Reported net income of $1.048 billion, down from $1.176 billion in Q2 2024
• Adjusted free cash flow reached $1.13 billion, supporting $1.1 billion in capital return

Coupang delivered a strong performance in Q2 2025, with net revenues reaching $8.5 billion, a 16% year-over-year increase. The company achieved significant operating income of $149 million and net income of $31 million, marking substantial improvements from the previous year. Growth was primarily fueled by the Product Commerce segment, which saw a 14% increase in net revenues and a 23% rise in gross profit.

• Net revenues increased by 16% year-over-year to $8.5 billion, or 19% on an FX-neutral basis.
• Operating income surged to $149 million, a $174 million increase compared to the prior year.

Marathon Petroleum delivered solid Q2 2025 results with $1.2 billion in net income and EPS of $3.96. Despite a slight dip from last year, the company maintained high refining utilization and returned $1 billion to shareholders.

• Net income was $1.2 billion, down from $1.5 billion in Q2 2024.
• Refining utilization remained strong at 97%, with 105% margin capture.

Cummins delivered strong earnings in Q2 2025, with increased net income and higher EPS despite a 2% revenue dip. The Power Systems and Distribution segments saw record profitability, while North American truck demand softened.

• Net income rose to $890 million from $726 million in Q2 2024.
• Revenue declined slightly to $8.6 billion, down 2% YoY.

FIS delivered a strong second quarter in 2025, with revenue increasing 5% to $2.6 billion and adjusted EPS growing 1% to $1.36. The company's Banking Solutions segment was a key driver of this performance, leading to a raised full-year outlook for revenue, Adjusted EBITDA, and Adjusted EPS.

• GAAP revenue increased 5% to approximately $2.6 billion.
• Adjusted EPS rose 1% to $1.36.

PSEG reported $585 million in net income for Q2 2025, a 35% increase YoY, supported by higher earnings at both PSE&G and Power segments. Non-GAAP operating EPS rose to $0.77, with continued investments in grid reliability and nuclear operations positioning the company well for the future.

• Q2 2025 net income rose to $585 million, up from $434 million in Q2 2024
• Non-GAAP EPS for Q2 2025 was $0.77, compared to $0.63 in Q2 2024

Yum! Brands reported a robust second quarter for 2025, with GAAP EPS of $1.33 and non-GAAP EPS of $1.44, a 7% increase year-over-year. The company saw worldwide system sales growth of 4%, excluding foreign currency translation, led by strong performances from Taco Bell and KFC. Digital system sales exceeded $9 billion, representing a record 57% digital sales mix.

• Worldwide system sales grew 4% excluding foreign currency translation, driven by Taco Bell at 6% and KFC at 5%.
• Unit count increased 3% with 871 gross new units opened in the quarter.

Gartner delivered a robust second quarter in 2025, with revenues reaching $1.7 billion, a 5.7% increase year-over-year. The company reported a net income of $241 million and diluted EPS of $3.11. Adjusted EPS stood at $3.53, reflecting a 9.6% growth. Free cash flow was $347 million, and the company repurchased $274 million in common shares, demonstrating strong financial performance and commitment to shareholder value.

• Revenues for the second quarter of 2025 reached $1.7 billion, marking a 5.7% increase as reported and 4.6% on an FX neutral basis.
• Net income for the quarter was $241 million, up 4.9% year-over-year, with diluted EPS at $3.11, a 6.1% increase.

Broadridge delivered robust performance in Q4 2025, with total revenues increasing by 6% to $2,065 million and diluted EPS growing by 16% to $3.16. The company saw strong recurring revenue growth, particularly in Global Technology and Operations, and announced an 11% increase in its annual dividend.

• Total revenues increased by 6% to $2,065 million in Q4 2025 compared to the prior year.
• Diluted EPS rose by 16% to $3.16, and Adjusted EPS increased by 1% to $3.55.

DuPont delivered a strong second quarter in 2025, with net sales increasing by 3% and organic sales growing by 2% year-over-year. The company saw solid margin expansion in both ElectronicsCo and IndustrialsCo segments, leading to a 15% increase in adjusted EPS. This performance was driven by continued strength in electronics, healthcare, and water end-markets, along with effective operational execution. As a result, DuPont has raised its full-year 2025 earnings guidance.

• Net sales increased by 3% to $3.257 billion, with organic sales growth of 2% driven by a 4% increase in volume.
• GAAP EPS from continuing operations rose by 35% to $0.54, and adjusted EPS increased by 15% to $1.12.

ADM saw declines in earnings and revenue in Q2 2025, driven by weaker margins in Ag Services & Oilseeds and Carbohydrate Solutions, partially offset by improved performance in Nutrition. The company emphasized ongoing cost-saving initiatives and reiterated confidence in stronger margins by Q4.

• Revenue for Q2 2025 was $21.17 billion, down from $22.25 billion in Q2 2024.
• Net income for the quarter was $219 million, a significant drop from $486 million in Q2 2024.

Toast delivered a strong second quarter in 2025, marked by a record 8,500 net new locations, a 35% year-over-year growth in recurring gross profit, and Adjusted EBITDA reaching $161 million. The company also announced a strategic multi-year partnership with American Express and expanded its international presence by launching its first customer in Australia.

• Toast added a record 8,500 net new locations in Q2 2025, demonstrating strong customer acquisition.
• Annualized Recurring Run-rate (ARR) grew 31% year-over-year to $1.9 billion as of June 30, 2025.

Devon Energy reported strong Q2 2025 results with robust revenue of $4.284 billion and net income of $917 million, driven by production outperformance, disciplined capital spending, and strong operating cash flow generation, while free cash flow also remained healthy.

• Total revenue for Q2 2025 was $4,284,000,000, exceeding expectations and up year-over-year. :contentReference[oaicite:0]{index=0}
• Net income was $917,000,000 with diluted EPS of $1.41. :contentReference[oaicite:1]{index=1}

GlobalFoundries delivered strong financial results in the second quarter of 2025, with revenue of $1.688 billion, net income of $228 million, and diluted EPS of $0.41. The company saw continued momentum in its Automotive and Communications Infrastructure and Datacenter end markets, driving double-digit year-over-year revenue growth in these segments.

• Revenue reached $1.688 billion, surpassing the midpoint of Non-IFRS guidance.
• Diluted earnings per share (EPS) was $0.41, exceeding the high end of the guidance range.

Leidos delivered a strong second quarter in fiscal year 2025, with revenues increasing by 3% year-over-year to $4.25 billion. The company achieved a net income of $393 million and a diluted EPS of $3.01. Non-GAAP diluted EPS reached a record $3.21, up 22% year-over-year, and Adjusted EBITDA was a record $647 million with a margin of 15.2%. The strong performance was driven by increased demand across all customer segments, prudent cost management, and improved program execution, leading to raised full-year guidance.

• Revenues for the second quarter of 2025 reached $4.25 billion, marking a 3% organic increase year-over-year, driven by increased demand across all customer segments, particularly in Defense Systems.
• Net income for the quarter was $393 million, or $3.01 per diluted share, representing a 21% and 27% year-over-year increase, respectively, with net income margin improving to 9.2% from 7.8%.

IFF delivered a strong second quarter in 2025 with reported net sales of $2.76 billion and a significant increase in net income to $612 million, up 256% year-over-year. The company achieved an EPS of $2.38 and a non-GAAP EPS of $1.15, while also reducing its net debt to credit adjusted EBITDA to 2.5x, ahead of its target. Strategic portfolio reshaping continued with the closing of Pharma Solutions and Nitrocellulose divestitures and an announced agreement to sell its soy crush, concentrates, and lecithin business.

• Reported net sales for Q2 2025 were $2.76 billion, a 4% decrease versus the prior-year period, but comparable currency neutral sales increased 3%.
• Net income significantly increased by 256% to $612 million, with reported EPS at $2.38 and adjusted EPS ex amortization at $1.15.

Supermicro delivered $5.76B in revenue and $195M in net income for Q4 2025, supported by strong AI solution demand and robust Datacenter Building Block System performance.

• Revenue rose to $5.76B in Q4 2025
• Net income came in at $195M with GAAP EPS of $0.31

Despite posting a net loss of $349 million, Equitable Holdings advanced its strategic repositioning through a $2 billion reinsurance transaction and maintained strong net inflows in key segments.

• Reported net loss of $349 million due to elevated mortality in Protection Solutions.
• Non-GAAP operating earnings were $352 million, or $1.10 per share.

News Corp delivered a robust performance in Q4 2025, with revenues increasing by 1% to $2.11 billion and net income from continuing operations rising by 28% to $86 million. The growth was primarily fueled by strong contributions from the Dow Jones and Digital Real Estate Services segments, despite declines in News Media and Book Publishing.

• Fourth quarter revenues increased by 1% to $2.11 billion, driven by Dow Jones and Digital Real Estate Services.
• Net income from continuing operations for the quarter rose 28% to $86 million.

Yum China delivered solid results in the second quarter of 2025, with total revenues increasing 4% year-over-year to $2.8 billion. Operating profit surged by 14% to a record $304 million, and diluted EPS rose by 5% to $0.58. The company achieved positive same-store sales growth and expanded its restaurant margin, reflecting effective cost management and strategic initiatives.

• Total revenues increased 4% year-over-year to $2.8 billion.
• Operating profit grew 14% year-over-year to a record $304 million, with OP margin expanding 100 basis points to 10.9%.

Expeditors reported $2.65 billion in revenue and $184 million in net income in Q2 2025, with EPS rising 8% year-over-year. Growth was driven by increased volumes and strong execution in air, ocean, and customs brokerage services. The company returned $335 million to shareholders through dividends and buybacks.

• Revenue increased 9% year-over-year to $2.65 billion.
• EPS rose 8% to $1.34, with net income of $184 million.

Rivian delivered over 10,600 vehicles in Q2 2025 but faced a decline in production due to supply chain challenges. Revenues grew modestly, led by growth in software and services, but gross profit turned negative again. The company received a $1 billion investment from Volkswagen to support long-term initiatives, including the R2 platform.

• Delivered 10,661 vehicles while production dropped to 5,979 units due to supply chain issues.
• Revenue rose to $1.3 billion, driven by strong software and services performance.

Zebra exceeded expectations in Q2 2025 with $1.29B in revenue and strong performance in both EVM and AIT segments. Adjusted EBITDA and non-GAAP EPS increased year-over-year, reflecting operational efficiency despite tariff-related margin pressure.

• Revenue rose to $1.293 billion, a 6.2% year-over-year increase.
• Adjusted EBITDA increased to $267 million, representing a 20.6% margin.

Snap grew DAUs to 469 million and revenue to $1.34 billion in Q2 2025. The company posted a net loss of $263 million and an EPS of -$0.16, but turned free cash flow positive at $24 million. Global ARPU decreased slightly year-over-year as the Rest of World segment saw significant user growth.

• Global DAUs reached 469 million, up 39 million YoY.
• Revenue hit $1.34 billion, up 4% YoY.

Skyworks delivered revenue of $965 million in Q3 FY25 with GAAP EPS of $0.70 and Non-GAAP EPS of $1.33, exceeding guidance. Strength in mobile and edge markets supported performance despite year-over-year declines in GAAP profit metrics.

• Revenue reached $965 million, up 7% YoY.
• Non-GAAP EPS of $1.33 beat the high end of guidance.

Aramark delivered a strong third quarter in fiscal 2025, achieving record revenue and profitability for the Global FSS segment. The company reported a 6% increase in consolidated revenue and a 13% rise in operating income, driven by robust base business volume, new client acquisitions, and exceptional client retention rates exceeding 97%. Strategic initiatives in supply chain optimization and disciplined cost management further contributed to expanded margins.

• Consolidated revenue increased by 6% year-over-year to $4.6 billion, with organic revenue growth of over 5%.
• Operating Income grew by 13% to $183 million, and Adjusted Operating Income increased by 19% to $230 million, marking record profitability for a third quarter in Global FSS history.

American Financial Group (AFG) reported a decline in second-quarter 2025 net earnings to $174 million ($2.07 per share) from $209 million ($2.49 per share) in Q2 2024, primarily due to lower underwriting profit and reduced returns on alternative investments. Despite this, the company achieved an annualized core operating return on equity of 15.5% and saw strong underwriting margins in its specialty P&C insurance businesses, with net investment income (excluding alternatives) increasing by 10% year-over-year.

• Net earnings decreased to $174 million ($2.07 per share) in Q2 2025 from $209 million ($2.49 per share) in Q2 2024.
• Core net operating earnings were $179 million ($2.14 per share) in Q2 2025, down from $215 million ($2.56 per share) in Q2 2024.

QIAGEN delivered a solid Q2 2025, with revenues rising 7% year-over-year to $534 million and adjusted EPS reaching $0.60. Diagnostic solutions drove double-digit growth, and operating margins improved through efficiency gains.

• Revenue grew 7% year-over-year to $534 million, exceeding guidance.
• Adjusted EPS reached $0.60, ahead of expectations.

Driven by growth across Global Housing and Lifestyle segments, Assurant's Q2 2025 GAAP net income rose 25% YoY to $235.3M. Adjusted EPS and EBITDA exceeded expectations, prompting an increase in full-year guidance.

• GAAP net income grew 25% YoY to $235.3M.
• Adjusted EPS rose 25% to $5.10; excluding catastrophes, it was $5.56.

Paylocity delivered a strong performance in Q4 and FY 2025, driven by solid sales and operational execution, leading to significant revenue growth. The company's recurring and other revenue saw a 14% increase in Q4 and 15% for the full fiscal year. Paylocity also expanded its platform with the launch of Paylocity for Finance and returned capital to shareholders through share repurchases.

• Total revenue for Q4 2025 reached $400.7 million, marking a 12% increase compared to the same period last year.
• Recurring and other revenue for Q4 2025 was $369.9 million, up 14% year-over-year.

Embraer posted its highest-ever second-quarter revenue of $1.819 billion, driven by a surge in Executive Aviation. Aircraft deliveries rose significantly, and the company maintained strong backlog levels.

• Q2 revenue reached an all-time high of $1.819 billion.
• Executive Aviation revenue saw 64% YoY growth.

Regal Rexnord delivered a strong second quarter in 2025, exceeding expectations in sales and earnings. The Power Efficiency Solutions (PES) segment showed robust organic growth and margin expansion, driven by strong HVAC markets. The Industrial Powertrain Solutions (IPS) segment also improved its adjusted EBITDA margin despite market headwinds, while the Automation & Motion Control (AMC) segment met its sales target despite temporary margin pressure from rare earth magnet availability, which is expected to improve. The company's strategic focus on cross-sell synergies and new product vitality is gaining momentum, with significant cross-sell opportunities identified and progress toward realizing synergy targets.

• Diluted EPS was $1.19, with Adjusted Diluted EPS at $2.48, marking an 8.3% increase compared to the prior year.
• Total sales reached $1,496.1 million, a 3.3% decrease year-over-year, but only a 1.2% decline on an organic basis.

Molson Coors delivered a mixed performance in Q2 2025, with revenues slipping slightly and volumes down across regions, but EPS and net income held steady thanks to favorable pricing and cost controls.

• Net sales for Q2 2025 were $3.2 billion, down 1.6% from the previous year.
• GAAP net income rose slightly to $428.7 million, or $2.13 per diluted share.

Westlake Corporation reported a net loss of $142 million, or $1.11 per share, on net sales of $2.953 billion for the second quarter of 2025. Excluding identified items related to facility closures and operational cessations, the net loss was $12 million, or $0.09 per share, and EBITDA was $340 million. The company experienced headwinds from lower sales volume in the PEM segment, higher feedstock and energy costs, and lower average sales prices, but saw sequential improvements in the HIP segment.

• Net sales for Q2 2025 were $2.953 billion, a decrease from $3.207 billion in Q2 2024.
• The company reported a net loss of $142 million, or $1.11 per diluted share, for Q2 2025, compared to a net income of $313 million in Q2 2024.

TopBuild delivered second quarter sales of $1.3 billion, a 5.0% decline year-over-year, primarily due to an 8.3% decrease in Installation, partially offset by 1.1% growth in Specialty Distribution. Despite the sales decline, the company maintained a healthy adjusted EBITDA margin of 20.1% and reported increased operating profit and net income compared to the prior year.

• Second quarter sales were $1.3 billion, a 5.0% decrease compared to the same period last year.
• Adjusted EBITDA margin for the second quarter was 20.1%.

Masimo delivered strong results in the second quarter of 2025, with GAAP revenue reaching $371 million and non-GAAP diluted EPS growing 46% to $1.33. The company's core healthcare business demonstrated robust growth and earnings, supported by effective tariff mitigation measures.

• GAAP revenue for Q2 2025 was $371 million, an 8% increase year-over-year.
• Non-GAAP net income per diluted share was $1.33, representing a 46% growth compared to the prior year period.

Klaviyo delivered a standout second quarter in 2025, with revenue growing 32% year-over-year to $293.1 million. The company reported strong customer growth, reaching over 176,000 customers globally, and a substantial increase in large customers generating over $50,000 ARR. International expansion, particularly in EMEA and APAC, also contributed significantly to the positive results.

• Revenue for Q2 2025 reached $293.1 million, marking a 32% year-over-year increase.
• Total customers grew to over 176,000 as of June 30, 2025, up from over 151,000 in the prior year.

Henry Schein delivered a mixed performance in the second quarter of 2025. While total net sales saw a modest increase of 3.3% to $3.2 billion, driven by growth in Global Medical Distribution, Global Specialty Products, and Global Technology, GAAP and non-GAAP diluted EPS both declined compared to the prior year. The company noted lower margins in the U.S. due to glove pricing and targeted sales initiatives, but expressed satisfaction with these initiatives and a return to normal promotional activity. Henry Schein is maintaining its full-year 2025 guidance, anticipating earnings to be weighted towards the second half of the year.

• Total net sales for Q2 2025 increased by 3.3% to $3.2 billion, reflecting 1.9% internal sales growth, 0.8% from acquisitions, and 0.6% from foreign currency exchange.
• GAAP diluted EPS for Q2 2025 was $0.70, a decrease from $0.80 in Q2 2024, while non-GAAP diluted EPS was $1.10, down from $1.23 in Q2 2024.

NNN REIT posted solid Q2 2025 results with increased AFFO per share, higher ABR, significant property investments, and improved liquidity following a successful notes issuance.

• Total revenue reached $226.8 million, up from $216.8 million in Q2 2024.
• AFFO per share rose to $0.85, with an AFFO payout ratio of 68%.

BridgeBio reported $110.6M in total revenue for Q2 2025, driven by $71.5M in Attruby product sales and $37.5M in license and services revenue. However, the company posted a net loss of $181.9M due to higher SG&A expenses supporting the commercial launch.

• Total revenue reached $110.6M, up from $2.2M in Q2 2024.
• Attruby generated $71.5M in net product revenue during its first full commercial quarter.

Sportradar delivered a record second quarter in 2025, with revenue increasing 14% year-over-year to €318 million. Profit for the period significantly improved to €49 million, and Adjusted EBITDA grew 31% to €64 million, demonstrating strong operating momentum and margin expansion. The company also generated substantial free cash flow and raised its full-year revenue and Adjusted EBITDA guidance.

• Revenue increased 14% year-over-year to a record €318 million, driven by growth across all segments.
• Profit for the period reached €49 million, a significant improvement from a loss in the prior year, largely due to strong operating results and a foreign currency gain.

Match Group delivered a strong second quarter, with Total Revenue and Adjusted Operating Income surpassing expectations. The company made significant strides in its three-phase turnaround strategy, focusing on cultural and organizational reset, product revitalization, and future growth. Hinge showed strong momentum with 25% year-over-year revenue growth, while Tinder advanced its product initiatives. The company plans to reinvest savings into strategic initiatives to drive long-term success and meet full-year targets.

• Total Revenue remained flat year-over-year at $864 million, while Direct Revenue slightly decreased.
• Operating Income was $194 million, a 5% decrease year-over-year, but Adjusted Operating Income exceeded guidance at $290 million.

Halozyme delivered an exceptional second quarter in 2025, with total revenue surging by 41% year-over-year to $326 million, primarily fueled by a 65% increase in royalty revenue. Net income grew by 77% to $165 million, and GAAP diluted EPS rose by 85% to $1.33. The strong performance prompted the company to raise its full-year 2025 financial guidance for total revenue, adjusted EBITDA, and non-GAAP diluted EPS.

• Total revenue increased 41% year-over-year to $325.7 million, driven by strong royalty and milestone revenue growth.
• Royalty revenue significantly increased by 65% year-over-year to $205.6 million, primarily from DARZALEX SC, VYVGART Hytrulo, and Phesgo.

Lucid Group, Inc. announced its Q2 2025 financial results, showing a revenue of $259.4 million and a GAAP diluted net loss per share of $(0.28). Vehicle production reached 3,863 units, and deliveries were 3,309 units, representing a significant year-over-year increase in deliveries. The company maintained a strong liquidity position of $4.86 billion but revised its 2025 production outlook downwards.

• Lucid reported Q2 revenue of $259.4 million.
• GAAP diluted net loss per share was $(0.28), with non-GAAP diluted net loss per share at $(0.24).

Jazz Pharmaceuticals announced its second quarter 2025 financial results, with total revenues reaching $1.05 billion, a 2% increase year-over-year. Despite revenue growth, the company reported a GAAP net loss of $718.5 million, primarily driven by a $905.4 million acquired in-process research and development (IPR&D) expense related to the Chimerix Acquisition. Xywav sales saw a strong 13% increase, while Zepzelca and Rylaze sales decreased. The company updated its full-year 2025 financial guidance.

• Total revenues for Q2 2025 were $1.045 billion, a 2% increase compared to Q2 2024.
• The company reported a GAAP net loss of $718.47 million and a non-GAAP adjusted net loss of $504.85 million, largely due to a $905.4 million acquired IPR&D expense.

Voya Financial reported a solid second quarter in 2025, with net income of $162 million and after-tax adjusted operating earnings of $240 million. The company achieved a significant milestone by exceeding $1 trillion in total assets across Retirement and Investment Management, driven by strong commercial momentum, net revenue growth, and expense discipline. Excess capital generation remained strong, with $0.2 billion generated and $44 million returned to shareholders through common dividends.

• Net income available to common shareholders for Q2 2025 was $162 million, or $1.66 per diluted share.
• After-tax adjusted operating earnings for Q2 2025 reached $240 million, or $2.46 per diluted share.

Stevanato Group delivered a solid second quarter in 2025, with revenue increasing by 8% to €280.0 million, driven by strong performance in the Biopharmaceutical and Diagnostic Solutions (BDS) Segment. The company also expanded its gross profit and adjusted EBITDA margins, while maintaining its fiscal year 2025 guidance.

• Revenue increased by 8% year-over-year to €280.0 million in Q2 2025, with high-value solutions accounting for 42% of total revenue.
• Gross profit margin expanded by 210 basis points to 28.1%, and adjusted EBITDA margin increased by 240 basis points to 23.2%.

Stride’s Q4 revenue rose 22% YoY to $653.6M, fueled by Career Learning expansion. Although net income declined due to one-time impairment charges, adjusted metrics improved significantly, showcasing operational strength.

• Q4 revenue grew 22.4% YoY to $653.6M.
• Career Learning revenue jumped 38.7% YoY to $259.5M.

Shift4 delivered a strong Q2 2025 with record performance across key metrics including revenue, payment volume, and adjusted EBITDA, supported by a diversified business mix and the strategic acquisition of Global Blue.

• Shift4 achieved a record $50.1B in payment volume in Q2 2025.
• Gross revenue less network fees grew 29% YoY to $413.4M.

Madrigal's Q2 2025 performance was marked by surging Rezdiffra sales, growing to $212.8 million in net revenue, while operating expenses increased due to commercialization and pipeline development. The company ended the quarter with over $800 million in liquidity.

• Rezdiffra generated $212.8 million in net revenue for Q2 2025, up from $14.6 million a year ago.
• Net loss for the quarter was $42.3 million, or $1.90 per share.

Life Time Group Holdings, Inc. delivered robust financial performance in the second quarter of 2025, with total revenue increasing by 14.0% to $761.5 million and net income surging by 36.6% to $72.1 million. The company also achieved positive free cash flow for the fifth consecutive quarter and significantly reduced its net debt leverage ratio, demonstrating strong operational momentum and financial health.

• Total revenue increased by 14.0% year-over-year to $761.5 million, driven by strong growth in membership dues and in-center revenue.
• Net income rose by 36.6% to $72.1 million, and adjusted net income increased by 60.5% to $84.1 million, reflecting improved business performance and margin expansion.

Jackson’s Q2 2025 saw a 4% increase in retail annuity sales to $4.4 B, while net income declined to $168 M from $264 M. Adjusted operating earnings were $350 M ($4.87/share), free cash flow reached $290 M, and $216 M was returned to shareholders.

• Retail annuity sales increased 4% YoY to $4.4 B.
• Net income was $168 M, down from $264 M in Q2 2024.

Hamilton Lane delivered a resilient Q1 2026, achieving $176 million in revenue and $1.28 in GAAP EPS. Fee-related earnings grew 31% year-over-year, and total AUM rose to $140.9 billion. Non-GAAP EPS improved sequentially.

• Total revenue was $175.96 million, down 11% YoY primarily due to lower incentive fees:contentReference[oaicite:0]{index=0}.
• GAAP EPS was $1.28, while non-GAAP EPS was $1.31 for the quarter:contentReference[oaicite:1]{index=1}.

Upstart delivered a robust performance in Q2 2025, with total revenue surging by 102% year-over-year to $257 million. The company achieved GAAP net income of $5.6 million and GAAP income from operations of $4.5 million, marking a significant turnaround from losses in the prior year. Loan originations also saw substantial growth, reflecting improved conversion rates.

• Total revenue reached $257 million, representing a 102% increase year-over-year.
• The company achieved GAAP net income of $5.6 million, a significant improvement from a loss of $54.5 million in Q2 2024.

GXO Logistics delivered a robust second quarter in 2025, achieving $3.3 billion in revenue, a 16% increase year-over-year, and its highest organic revenue growth in nine quarters at 6%. The company also saw a 13% rise in adjusted EBITDA to $212 million. Despite a decrease in GAAP net income and free cash flow, GXO raised its full-year adjusted EBITDA guidance, reflecting confidence in its continued performance and the benefits from the Wincanton acquisition.

• Second quarter revenue reached $3.3 billion, marking a 16% increase year-over-year, driven by strong performance.
• Organic revenue growth hit 6%, the highest in nine quarters, indicating healthy underlying business expansion.

Cirrus Logic reported a solid fiscal first quarter for 2026, with revenue reaching $407.3 million. The company achieved GAAP diluted earnings per share of $1.14 and non-GAAP diluted earnings per share of $1.51, demonstrating strong financial performance driven by key product advancements and strategic market diversification.

• Revenue for the first quarter of fiscal year 2026 was $407.3 million.
• GAAP diluted earnings per share stood at $1.14, while non-GAAP diluted earnings per share reached $1.51.

Core Natural Resources generated over $1.1 billion in revenue and $131 million in free cash flow during Q2 2025, while executing strong performance across its thermal and PRB segments. A net loss of $36.6 million was driven by costs tied to the Leer South idle operation.

• Total revenue for Q2 2025 was $1.10 billion, driven by strong operational output across segments.
• Net loss was $36.6 million due to combustion-related costs at Leer South.

Qualys delivered a solid second quarter in 2025, achieving 10% year-over-year revenue growth to $164.1 million and reporting GAAP net income of $47.3 million. The company also saw strong non-GAAP net income and Adjusted EBITDA, demonstrating effective execution against its strategic agenda and profitability goals. Key initiatives included launching new managed Risk Operations Center (mROC) Alliance Partners and expanding its TotalAI solution.

• Revenue for Q2 2025 increased by 10% year-over-year to $164.1 million, compared to $148.7 million in Q2 2024.
• GAAP net income for the quarter was $47.3 million, or $1.29 per diluted share, an 8% increase from $43.8 million in Q2 2024.

Advanced Energy posted strong Q2 2025 results with revenue of $441.5 million and non-GAAP EPS of $1.50, supported by robust demand in data center computing and signs of recovery in industrial segments.

• Revenue exceeded guidance at $441.5M, driven by record Data Center Computing sales
• GAAP EPS came in at $0.67 while Non-GAAP EPS reached $1.50

In Q2 2025, OR Royalties generated $60.4M in revenue and $32.4M in net earnings, reflecting operational strength and increased portfolio contributions from new producing assets.

• Revenue rose to $60.4M, driven by increased royalty and stream income.
• Net income reached $32.4M, a strong recovery from a loss in the prior year.

Frontdoor delivered a solid Q2 2025 performance with 14% revenue growth, driven by increases across all customer channels. Net income and adjusted EPS both rose significantly, supported by margin expansion and strong execution.

• Revenue rose 14% YoY to $617 million, led by gains across all customer channels
• Net income increased 21% to $111 million, with diluted EPS reaching $1.48

Silicon Labs delivered robust financial results in the second quarter of 2025, with revenue reaching $193 million, marking a 33% year-over-year increase. The company also achieved a non-GAAP diluted EPS of $0.11, demonstrating improved profitability. Growth was driven by both Industrial & Commercial and Home & Life segments.

• Revenue for Q2 2025 was $193 million, representing a 33% year-over-year increase.
• Non-GAAP diluted earnings per share reached $0.11, indicating improved profitability.

Sealed Air reported $1.34 billion in revenue for Q2 2025, with flat Food segment sales and a slight decline in Protective. Adjusted EBITDA grew to $293 million, and adjusted net earnings rose 9%. Despite headwinds in North America, the company maintained its full-year guidance.

• Revenue was $1.335 billion, down 0.8% YoY; Food segment remained flat while Protective declined 3%:contentReference[oaicite:0]{index=0}.
• Net income for the quarter was $94 million, with GAAP EPS of $0.64 and adjusted EPS of $0.89:contentReference[oaicite:1]{index=1}.

Knife River Corporation experienced a mixed second quarter in 2025. While revenue saw a modest increase of 3% to $833.8 million, net income and EPS declined substantially by 35% to $50.6 million and $0.89, respectively. The company achieved a record backlog of $1.3 billion and completed two aggregates-led acquisitions, but unfavorable weather conditions and project timing, particularly in Oregon, impacted performance.

• Revenue increased by 3% year-over-year to $833.8 million, primarily due to contributions from recent acquisitions and increased product pricing.
• Net income decreased by 35% to $50.6 million, and diluted EPS also fell by 35% to $0.89, largely due to higher costs of revenue and increased selling, general, and administrative expenses.

Novanta delivered solid second quarter financial results, meeting or exceeding expectations in revenue, margins, and profitability despite a challenging macroeconomic environment. The company achieved 10% growth in bookings and a book-to-bill ratio of 1.02, driven by mid-teens revenue growth in Advanced Surgery and Robotics & Automation businesses. New product introductions are on track to meet the $50 million sales target for the year.

• GAAP Revenue increased by 2% to $241 million in Q2 2025 compared to the prior year.
• Adjusted Diluted EPS was $0.76, exceeding the prior year's $0.73.

ONE Gas reported strong second quarter 2025 financial results, with net income increasing to $32.0 million and diluted EPS reaching $0.53, up from the previous year. The company's operating income also saw an increase, primarily driven by new rates and customer growth. Based on this performance, ONE Gas raised its full-year 2025 financial guidance for net income and diluted earnings per share.

• Second quarter 2025 net income was $32.0 million, a significant increase from $27.2 million in Q2 2024.
• Diluted earnings per share for Q2 2025 increased to $0.53, up from $0.48 in the prior year's second quarter.

Spire Inc. reported a net income of $20.9 million, or $0.29 per diluted share, for the fiscal 2025 third quarter, a substantial improvement from a loss of $12.6 million, or $(0.28) per share, in the prior year. Adjusted earnings also saw a positive shift to $4.1 million, or $0.01 per share, up from a loss of $4.3 million, or $(0.14) per share, in the same period last year. The company reaffirmed its fiscal 2025 adjusted earnings guidance and announced an agreement to acquire Piedmont Natural Gas Tennessee business for $2.48 billion.

• Net income for Q3 FY25 was $20.9 million, a significant turnaround from a $12.6 million loss in Q3 FY24.
• Adjusted earnings for Q3 FY25 were $4.1 million, compared to a $4.3 million loss in Q3 FY24, reflecting improved results across all segments.

For Q2 2025, CRC delivered total operating revenues of 978000000, average net production of 137000 barrels of oil equivalent per day, net income of 172000000 and diluted EPS of 1.92. The company generated 109000000 in free cash flow and maintained 72000000 in cash and cash equivalents at quarter end. :contentReference[oaicite:0]{index=0}

• Total operating revenues were 978000000 for Q2 2025. :contentReference[oaicite:1]{index=1}
• Average net production was 137000 BOE/d, with 109000 Bbl/d of oil. :contentReference[oaicite:2]{index=2}

StoneX Group Inc. delivered a solid third quarter for fiscal year 2025, with net operating revenues increasing by 4% to $488.3 million and net income rising by 2% to $63.4 million. This growth was primarily fueled by significant contributions from the Institutional and Self-Directed/Retail segments, which offset declines in the Commercial businesses. Diluted EPS was $1.22 per share, slightly down due to acquisition-related charges.

• Net operating revenues increased by 4% year-over-year to $488.3 million.
• Net income grew by 2% to $63.4 million, despite $8.9 million in acquisition-related charges.

Rhythm Pharmaceuticals delivered strong second-quarter results, with global IMCIVREE sales reaching $48.5 million, a 29% sequential increase. The company also strengthened its financial position with a $189.2 million public offering and reported positive clinical data for bivamelagon and setmelanotide in acquired hypothalamic obesity.

• Global net product revenue from IMCIVREE sales reached $48.5 million in Q2 2025, marking a 29% sequential increase.
• The company successfully closed an upsized public offering, raising approximately $189.2 million in net proceeds.

Enpro delivered a strong second quarter in 2025 with a 6.0% increase in net sales to $288.1 million, primarily driven by robust performance in Advanced Surface Technologies and continued momentum in Sealing Technologies. Despite a slight decrease in net income and adjusted EBITDA due to increased operating expenses supporting growth initiatives and transactional foreign exchange headwinds, the company raised its full-year guidance, reflecting confidence in aerospace, general industrial, and food and pharma orders.

• Net sales increased by 6.0% to $288.1 million in Q2 2025 compared to the prior year, driven by growth in both segments.
• Advanced Surface Technologies (AST) segment revenue grew by 14.5% to $100.9 million, while Sealing Technologies revenue increased by 1.9% to $187.5 million.

Clearway Energy demonstrated strong progress in the first half of 2025, advancing both near-term and long-term growth goals through multiple pathways. The company increased the bottom-end of its 2025 guidance range due to contributions from recently closed acquisitions and maintained committed growth investments on schedule. Strategic moves included a new drop-down offer for a contracted storage portfolio and the acquisition of the Catalina Solar project, reinforcing future growth and leading to an increase in the 2027 CAFD per share target range.

• Net Income for Q2 2025 was $12 million, an increase from $4 million in Q2 2024, primarily due to lower tax expenses.
• Adjusted EBITDA for Q2 2025 was $343 million, a decrease from $353 million in Q2 2024, mainly due to lower renewable production and energy margin in Flexible Generation, partially offset by growth investments.

Gulfport Energy delivered strong second-quarter 2025 results with total net production increasing 8% over the first quarter, reaching 1,006.3 MMcfe per day. The company reported $184.5 million in net income and $212.3 million in adjusted EBITDA, while generating $64.6 million in adjusted free cash flow. Gulfport also expanded its stock repurchase authorization to $1.5 billion and announced the redemption of all outstanding Series A Convertible Preferred Stock, reinforcing its commitment to shareholder returns.

• Total net production reached 1,006.3 MMcfe per day, an 8% increase from Q1 2025, despite midstream outages.
• Net income was $184.5 million and adjusted EBITDA was $212.3 million for the quarter.

Ultragenyx delivered 20% revenue growth from its commercial therapies in the first half of the year compared to the prior year, with total revenue reaching $166 million in Q2 2025. The company reaffirmed its 2025 revenue guidance and its path to GAAP profitability in 2027, while advancing key clinical programs like UX143 for osteogenesis imperfecta and GTX-102 for Angelman syndrome.

• Total revenue for Q2 2025 was $166 million, a 13% increase compared to Q2 2024.
• Net loss for Q2 2025 improved to $115 million, or $1.17 per share, from $132 million, or $1.52 per share, in Q2 2024.

BlackLine announced strong financial results for the second quarter ended June 30, 2025, with total GAAP revenues increasing by 7% year-over-year to $172.0 million. The company achieved a GAAP operating margin of 4.4% and a non-GAAP operating margin of 22.1%. GAAP net income was $8.3 million, or $0.13 per diluted share, while non-GAAP net income was $37.9 million, or $0.51 per diluted share. Billings and remaining performance obligation both increased by 11%.

• Total GAAP revenues reached $172.0 million, marking a 7% increase compared to the second quarter of 2024.
• GAAP operating margin improved to 4.4% from 1.4% in the prior year, and non-GAAP operating margin increased to 22.1% from 19.8%.

Camtek delivered record revenue of $123.3 million and strong profitability in Q2 2025, driven by demand in high-performance computing and AI-related applications. Gross margin improved, and both GAAP and non-GAAP net income reached new highs.

• Revenue reached a record $123.3 million in Q2 2025, up from $102.6 million a year earlier
• GAAP net income was $33.7 million with diluted EPS of $0.69

Zeta Global posted another beat-and-raise quarter, reporting $308M in revenue and maintaining growth momentum with robust demand for its AI-powered marketing platform.

• Revenue grew 35% year-over-year to $308 million.
• Adjusted EBITDA rose to $58.77 million with a margin of 19.1%.

Lemonade delivered strong top-line growth in Q2 2025, with in-force premium rising to $1.08 billion and revenue increasing 35% YoY. The company achieved a substantial improvement in gross profit and narrowed its net loss, driven by improved underwriting and expense efficiency. Europe and Car segments were key growth contributors.

• Revenue rose 35% YoY to $164.1 million, driven by higher gross earned premium and investment income.
• In-force premium reached $1.08 billion, a 29% YoY increase and the 7th straight quarter of acceleration.

Centrus delivered a strong second quarter in 2025, achieving a net income of $28.9 million and total revenue of $154.5 million. The company successfully completed Phase 2 of its HALEU Operation Contract, delivering 900 kilograms of HALEU to the Department of Energy, and secured an extension for Phase 3 of the contract valued at approximately $110.0 million.

• Net income for Q2 2025 was $28.9 million, compared to $30.6 million in Q2 2024.
• Total revenue for Q2 2025 was $154.5 million, a decrease of 18% from $189.0 million in Q2 2024.

Resideo Technologies, Inc. achieved record high net revenue of $1.94 billion in Q2 2025, a 22% increase year-over-year, and a record high Adjusted EBITDA of $210 million, up 20%. Despite a net loss of $825 million due to a one-time expense related to the termination of the Indemnification Agreement with Honeywell, the company demonstrated strong organic growth and gross margin expansion across its segments, leading to a raised full-year 2025 outlook.

• Record high second quarter net revenue of $1.94 billion, up 22% year-over-year, with organic growth of 8%.
• Reported a net loss of $825 million, primarily due to an $882 million one-time expense for terminating the Indemnification Agreement with Honeywell.

Amex GBT achieved modest revenue growth and expanded adjusted EBITDA margin despite higher restructuring expenses. Net income declined, but cash flow remained strong, supporting a confident full-year guidance increase.

• Revenue reached $631 million, up 1% YoY
• Net income declined 48% YoY to $15 million

Alight experienced a slight revenue decrease in Q2 2025 to $528 million, primarily due to lower project revenue. Despite a substantial net loss of $1,073 million driven by a non-cash goodwill impairment, the company demonstrated improved gross profit and adjusted EBITDA, reflecting stronger underlying business operations and productivity savings.

• Revenue for Q2 2025 decreased by 1.9% to $528 million compared to the prior year, mainly due to lower project revenue.
• The company reported a significant net loss of $1,073 million, primarily attributable to a $983 million non-cash goodwill impairment charge related to its Health Solutions reporting unit.

IPG Photonics reported second quarter 2025 results that surpassed expectations, with revenue improving sequentially driven by modest demand recovery in general industrial and e-mobility markets. Excluding divestitures, this marked the first year-over-year revenue increase since 2022, supported by growth in medical and advanced applications. Despite a decrease in GAAP operating income and net income, the company's strategic initiatives and strong bookings, with a book-to-bill ratio of approximately one, indicate positive momentum.

• Second quarter revenue of $250.7 million exceeded expectations, showing sequential improvement and a year-over-year increase excluding divestitures.
• Gross margin remained flat year-over-year at 37.3%, while adjusted gross margin improved to 37.8%.

Galaxy Digital Inc. reported a net income of $30.7 million for Q2 2025, a significant turnaround from a loss in the previous quarter. This was primarily driven by the appreciation of balance sheet digital assets and investments, alongside strong performance in its Digital Assets operating business, particularly Global Markets. The company also made strategic advancements in its Data Centers segment, securing full commitment for its Helios campus capacity.

• Net income for Q2 2025 was $30.7 million, a gain of $0.08 per diluted share, contrasting with a loss in Q1 2025.
• Adjusted EBITDA reached $211 million in Q2 2025, largely due to mark-to-market gains on digital assets and investments.

Driven Brands delivered a strong second quarter performance with revenue increasing by 6.2% to $551.0 million and system-wide sales growing by 3.1% to $1.6 billion. The company maintained consistent results across key financial metrics, including adjusted EBITDA and adjusted EPS, and continued its debt reduction strategy, achieving a pro forma net leverage ratio of 3.9x Adjusted EBITDA. The Take 5 segment was a standout performer, achieving its 20th consecutive quarter of same store sales growth.

• Achieved 18th consecutive quarter of overall same store sales growth, demonstrating consistent performance.
• Take 5 segment showed strong growth with 15% revenue increase and 7% same store sales growth, marking its 20th consecutive quarter of same store sales growth.

Baldwin delivered a strong quarter with 11% total revenue and organic growth, and improved adjusted earnings. However, the company posted a GAAP net loss due to various expenses including interest and integration-related costs.

• Revenue increased to $378.8 million, up 11% year-over-year
• Adjusted EBITDA grew 14% to $85.5 million with a margin of 22.6%

OUTFRONT Media experienced a decline in revenues and net income in Q2 2025, primarily due to the impact of the Canadian Business sale and lost billboards. However, Adjusted OIBDA and AFFO remained largely consistent with the prior year, indicating underlying operational stability despite the revenue challenges.

• Revenues for Q2 2025 were $460.2 million, a 3.6% decrease compared to Q2 2024.
• Net income attributable to OUTFRONT Media Inc. significantly decreased to $19.5 million in Q2 2025 from $176.8 million in Q2 2024.

SSR Mining reported strong financial and operational results for the second quarter of 2025, with significant increases in revenue, net income, and cash flow compared to the previous year. Gold equivalent production also saw a notable increase, and the CC&V integration progressed positively, contributing substantial free cash flow.

• Second quarter 2025 gold equivalent production increased to 120,191 ounces, up from 76,102 ounces in Q2 2024.
• Revenue for Q2 2025 was $405.5 million, a significant increase from $184.8 million in Q2 2024.

Organon's second quarter 2025 revenue was $1.594 billion, a 1% decrease from the prior year. Net income significantly declined by 26% to $145 million, with diluted EPS at $0.56. Non-GAAP Adjusted diluted EPS was $1.00, an 11% decrease. The company made progress on debt reduction and affirmed its Adjusted EBITDA margin guidance.

• Second quarter 2025 revenue was $1.594 billion, a 1% decrease year-over-year.
• Net income for Q2 2025 was $145 million, a 26% decrease from Q2 2024.

ImmunityBio generated $26425000 in total revenue in Q2 2025 driven primarily by ANKTIVA product sales, while net loss attributable to common stockholders was $92555000 as operating costs remained elevated.

• Total revenue increased to $26425000, up 60% sequentially in Q2 2025. :contentReference[oaicite:0]{index=0}
• Net loss narrowed to $92555000 from prior year period. :contentReference[oaicite:1]{index=1}

DigitalOcean delivered a solid Q2 2025 with revenue growth, improved profitability, and strong momentum in its AI and Scalers+ customer segments.

• Revenue reached $219 million, up from $192 million in Q2 2024.
• Net income rose to $37 million with a 17% margin.

Surgery Partners delivered a robust second quarter in 2025, with revenue increasing by 8.4% to $826.2 million and Adjusted EBITDA growing by 9.0% to $129.0 million. The company's net loss attributable to Surgery Partners, Inc. was $2.5 million. Same-facility revenues increased by 5.1%, driven by a 3.4% increase in same-facility cases and a 1.6% increase in revenue per case. The company reaffirmed its full-year 2025 revenue and Adjusted EBITDA guidance, indicating confidence in continued operational improvements and strategic growth initiatives.

• Revenue for Q2 2025 increased by 8.4% year-over-year to $826.2 million, demonstrating strong top-line growth.
• Adjusted EBITDA grew by 9.0% to $129.0 million in Q2 2025, reflecting improved operational performance and margin expansion.

Amneal Pharmaceuticals delivered a strong second quarter in 2025, with net revenue increasing by 3% to $725 million and GAAP net income rising significantly to $22 million from $6 million in the prior year. The company also reported a substantial increase in Adjusted EBITDA and Adjusted Diluted EPS, driven by strong performance across its segments and successful debt refinancing.

• Net revenue for Q2 2025 reached $725 million, marking a 3% increase compared to Q2 2024.
• GAAP Net Income for the quarter was $22 million, a significant improvement from $6 million in the same period last year.

Cushman & Wakefield delivered robust second-quarter results in 2025, with total revenue increasing by 9% to $2.5 billion. The company saw substantial growth in Capital Markets revenue (27%) and Leasing revenue (8%), alongside continued acceleration in Services revenue. Net income significantly improved to $57.3 million, and diluted EPS reached $0.25. Adjusted EBITDA increased by 16% to $161.7 million, with an improved margin of 9.5%. The company also announced an additional $150 million debt repayment, reinforcing its commitment to balance sheet fortification.

• Total revenue for Q2 2025 increased by 9% to $2.5 billion, demonstrating broad strength across all segments and service lines.
• Capital markets revenue surged by 27%, marking the third consecutive quarter of double-digit year-over-year growth, primarily driven by strong performance in the Americas.

RingCentral delivered a solid second quarter, exceeding revenue guidance and achieving record free cash flow. The company reported positive GAAP net and operating income, driven by growth in subscriptions revenue and strong adoption of its AI-powered products. Key financial metrics like non-GAAP operating margin and adjusted EBITDA also saw significant year-over-year improvements.

• Total revenue increased 5% year-over-year to $620 million, with subscriptions revenue growing 6% to $599 million.
• GAAP operating income was $37 million, a significant improvement from a loss in the prior year, and non-GAAP operating margin expanded to 22.6%.

Clear Secure reported a solid Q2 2025 with revenue reaching $219.5M and net income of $37.9M. Growth in active members and free cash flow reflect continued business momentum and execution on strategic initiatives.

• Revenue grew to $219.5M, a 17.5% increase year-over-year
• Net income reached $37.9M, representing a 17.3% margin

DoubleVerify delivered a robust second quarter in 2025, with total revenue increasing by 21% year-over-year to $189.0 million, outperforming revenue expectations. The company achieved double-digit growth across all three revenue lines: Activation (+25%), Measurement (+15%), and Supply-Side (+26%). Net income was $8.8 million, and Adjusted EBITDA reached $57.3 million, representing a 30% margin. The strong performance led to raised full-year 2025 revenue growth guidance.

• Total revenue grew 21% year-over-year to $189.0 million, exceeding raised expectations.
• All three revenue segments experienced double-digit growth: Activation +25%, Measurement +15%, and Supply-Side +26%.

LCI Industries delivered robust second-quarter results with net sales increasing by 5% year-over-year to $1.1 billion. The company achieved a net income of $58 million, or $2.29 per diluted share, and an adjusted net income of $60 million, or $2.39 per diluted share. Growth was fueled by share gains in key categories, organic content growth, and strategic cost-saving initiatives, including supply chain tightening and footprint optimization. The company also reignited its M&A playbook with the acquisition of Freedman Seating Company and maintained a strong liquidity position.

• Net sales increased by 5% year-over-year to $1.1 billion in the second quarter of 2025.
• Net income was $58 million ($2.29 per diluted share), with adjusted net income at $60 million ($2.39 per diluted share).

Atkore delivered a strong third quarter for fiscal year 2025, with Net Sales, Adjusted EBITDA, and Adjusted EPS reaching the higher end of their projected ranges. Despite a decrease in net sales and net income compared to the prior year, the company achieved organic volume growth of 2% year-over-year and solid productivity improvements. The Electrical segment saw a significant decrease in sales and Adjusted EBITDA, while the Safety & Infrastructure segment experienced a slight decrease in sales but an increase in Adjusted EBITDA.

• Net sales decreased by 10.6% to $735.0 million, primarily due to lower average selling prices.
• Net income decreased by 65.2% to $43.0 million, mainly driven by lower gross profit.

LGI Homes reported second-quarter 2025 revenue of $483.5 million and net income of $31.5 million, with diluted EPS of $1.36. The company delivered 1,323 homes at an average sales price of $365,446. Despite resilient demand, affordability challenges led to a sequential decline in net orders, prompting the company to withdraw full-year guidance and provide only third-quarter guidance.

• Home sales revenues reached $483.5 million in Q2 2025, driven by 1,323 home closings.
• Net income for the quarter was $31.5 million, resulting in diluted earnings per share of $1.36.

Axcelis Technologies delivered strong financial results in the second quarter of 2025, with revenue of $194.5 million and GAAP diluted EPS of $0.98. The company demonstrated robust profitability and cash flow, driven by disciplined cost control and a favorable mix, despite a cyclical digestion period in many markets. They also increased share repurchase activity, reflecting confidence in long-term fundamentals.

• Revenue for Q2 2025 was $194.5 million, demonstrating resilience despite market cyclicality.
• GAAP diluted earnings per share reached $0.98, with non-GAAP diluted EPS at $1.13, indicating strong profitability.

Powell Industries delivered a strong third quarter in fiscal 2025, with revenues remaining essentially unchanged at $286.3 million. The company achieved an 8% increase in gross profit to $87.9 million, representing a gross profit margin of 30.7%. Net income rose by 4% to $48.2 million, resulting in diluted EPS of $3.96. New orders totaled $362 million, leading to a significant 7% sequential increase in backlog to $1.4 billion.

• Revenues for the third quarter of fiscal 2025 were $286.3 million, a slight decrease of 1% compared to the prior year.
• Gross profit increased by 8% to $87.9 million, with the gross profit margin improving to 30.7% from 28.4% in the prior year.

Innospec delivered modest revenue growth in Q2 2025 with mixed segment performance, modest profitability pressures, and a strong balance sheet.

• Total revenue increased slightly to $439700000 for the quarter, up 1% year-over-year. :contentReference[oaicite:0]{index=0}
• GAAP EPS was $0.94 and adjusted non-GAAP EPS was $1.26, both reflecting softer profitability compared with the prior year. :contentReference[oaicite:1]{index=1}

Recursion saw higher revenue from collaborative agreements but posted a significantly larger net loss due to increased research and development spending and expanded administrative costs following the Exscientia acquisition.

• Total revenue for Q2 2025 increased to $19.2 million from $14.4 million in Q2 2024, primarily due to collaboration agreements.
• Research and development expenses significantly rose to $128.6 million in Q2 2025, up from $73.9 million in Q2 2024, largely due to the Tempus agreement and Exscientia business combination.

Teradata delivered a solid second quarter in 2025, exceeding its recurring revenue and total revenue outlooks, and surpassing EPS expectations. The company's strategy of leveraging both cloud and on-premise solutions for AI-driven data platforms proved effective, with significant growth in public cloud ARR.

• Total revenue for Q2 2025 was $408 million, a 6% decrease as reported compared to the prior year.
• Public cloud ARR increased by 17% to $634 million, demonstrating strong cloud adoption.

Viasat reported a strong start to fiscal year 2026, with significant revenue growth driven by its Satellite Services and Government Systems segments. The company achieved positive net income and improved EPS, reflecting effective integration of Inmarsat and strong operational performance.

• Total revenue for the first quarter of fiscal year 2026 reached $1.15 billion, a substantial increase year-over-year.
• The company reported a net income of $35.2 million, a significant improvement from a net loss in the prior year.

Xometry delivered strong performance in Q2 2025, achieving record revenue and gross profit. The company saw significant marketplace gross margin expansion and strong operating leverage, leading to a substantial improvement in Adjusted EBITDA and a positive Non-GAAP net income.

• Total revenue increased 23% year-over-year to a record $163 million.
• Gross profit grew 23% year-over-year to a record $65.2 million, representing 40.1% of revenue.

The Chemours Company delivered a strong second quarter in 2025, with net sales increasing by 4% year-over-year to $1.615 billion and Adjusted EBITDA rising by 22% to $253 million. This performance was primarily fueled by robust volume growth in Thermal & Specialized Solutions, particularly for Opteon™ Refrigerants, and strong pricing in Advanced Performance Materials. Despite a net loss of $381 million due to litigation-related charges, the company's operational results exceeded expectations, and it made significant progress on environmental settlements.

• Net Sales increased by 4% year-over-year to $1.615 billion, driven by a 3% increase in volume and a 1% increase in price.
• Adjusted EBITDA grew by 22% to $253 million, primarily due to volume and pricing dynamics and lower corporate expenses.

Limbach Holdings, Inc. delivered a strong second quarter in 2025, with total revenue increasing by 16.4% year-over-year to $142.2 million. Net income rose by 30.2% to $7.8 million, and Adjusted EBITDA increased by 30.0% to $17.9 million, driven by the strategic shift towards higher-margin Owner Direct Relationships (ODR) business.

• Total revenue for Q2 2025 increased by 16.4% to $142.2 million compared to Q2 2024.
• Net income grew by 30.2% to $7.8 million, with diluted EPS at $0.64.

NW Natural Holdings reported a net loss of $2.5 million for the second quarter of 2025, or $0.06 per share, which was an improvement compared to a net loss of $2.8 million, or $0.07 per share, in the same period last year. Adjusted net income for the quarter was $0.3 million, or $0.01 per share. The company saw strong customer growth, adding over 92,000 gas and water utility connections in the last 12 months, primarily due to the acquisitions of SiEnergy and Pines. They also reaffirmed their adjusted 2025 EPS guidance.

• Reported a net loss of $0.06 per share and adjusted net income of $0.01 per share for Q2 2025, showing an improvement from the prior year's net loss.
• Acquired Hughes Gas Resources, Inc. (rebranded Pines Holdings), a high-growth Texas gas utility, expanding their regulated gas utility business.

Adaptive Biotechnologies delivered an outstanding second quarter, achieving profitability in its MRD business with accelerating top- and bottom-line growth. The company reported total revenue of $58.9 million, a 36% increase year-over-year, driven primarily by a 42% growth in the MRD business. Net loss significantly decreased to $25.6 million from $46.2 million in the prior year.

• Total revenue for Q2 2025 reached $58.9 million, marking a 36% increase compared to the same period last year.
• The MRD business achieved profitability with an Adjusted EBITDA of $1.9 million and contributed 85% of the total revenue, growing 42% year-over-year.

Adeia delivered revenue of $85.7 million, consistent with expectations, and closed five deals during the second quarter, including three with new customers. The company reported strong cash generation and disciplined expense management, paying down $11.1 million on its term loan.

• Revenue for the second quarter was $85.7 million, aligning with company expectations.
• GAAP diluted EPS was $0.15, and non-GAAP diluted EPS was $0.25.

Revolve Group delivered robust second-quarter results, achieving 9% year-over-year net sales growth to $309.0 million and a 10% increase in operating income to $18.0 million. The company also reported its highest Adjusted EBITDA margin in three years and strong operating cash flow, despite a decrease in net income and diluted EPS primarily due to a swing from other income to other expense and an increased effective tax rate.

• Net sales increased by 9% year-over-year to $308.971 million.
• Operating income grew by 10% year-over-year to $18.003 million.

Elme Communities reported a net loss per diluted share of $(0.04) and Core FFO per diluted share of $0.24 for Q2 2025. The company announced a strategic review update, including a purchase agreement for the sale of 19 multifamily communities for approximately $1.6 billion and a voluntary plan of sale and liquidation for its remaining assets. Operational highlights included increases in same-store multifamily NOI and average effective monthly rent per home, along with stable retention.

• Net loss per diluted share remained at $(0.04) for Q2 2025, consistent with the prior year quarter.
• Core FFO per diluted share increased to $0.24 in Q2 2025 from $0.23 in Q2 2024.

Cricut, Inc. delivered a strong second quarter in 2025, with total revenue reaching $172.1 million, a 2% increase year-over-year. The company saw significant growth in net income, up 24% to $24.5 million, and operating income, which rose 14% to $30.1 million. Paid subscribers surpassed 3 million, marking a 7% increase, and gross margin improved to 59.0%.

• Total revenue for Q2 2025 was $172.1 million, representing a 2% increase compared to Q2 2024.
• Net income grew by 24% year-over-year to $24.5 million, and diluted EPS increased to $0.11 from $0.09.

Cadre Holdings delivered strong revenue growth and profitability in the second quarter of 2025, with net sales increasing by 9% and gross profit by 10% year-over-year. The company's performance was bolstered by recent acquisitions and continued strong demand for its mission-critical safety products across various markets, despite a fluid macro environment. Adjusted EBITDA was $27.0 million, with an Adjusted EBITDA margin of 17.2%.

• Net sales for Q2 2025 increased by 9% year-over-year to $157.1 million, primarily due to recent acquisitions.
• Gross profit rose by 10% year-over-year to $64.2 million, with the gross profit margin improving to 40.9% due to favorable pricing and product mix.

Grocery Outlet experienced a mixed second quarter in fiscal 2025. While net sales increased by 4.5% to $1.18 billion and comparable store sales grew by 1.1%, the company's net income significantly decreased to $5.0 million from $14.0 million in the prior year. Adjusted net income also saw a decline. The company's gross margin slightly decreased, attributed to pricing adjustments, but was partially offset by improvements in inventory management. Operating income was impacted by restructuring charges.

• Net sales increased by 4.5% to $1.18 billion in Q2 2025, driven by new store sales and comparable store sales growth.
• Comparable store sales increased by 1.1%, primarily due to a 1.5% increase in transactions, despite a 0.4% decrease in average transaction size.

Hillman Solutions Corp delivered solid second quarter 2025 results with revenue and earnings above prior year, improved adjusted EBITDA, and raised full-year guidance, while authorizing a new share repurchase program and navigating tariff headwinds.

• Revenue grew 6.2% year-over-year to $402,800,000, beating expectations.
• Net income increased to $15,800,000 with diluted EPS of $0.08 and adjusted EPS of $0.17.

A10 Networks reported a strong second quarter in 2025, with revenue increasing by 15% year-over-year to $69.4 million. The company achieved GAAP net income of $10.5 million and non-GAAP net income of $15.5 million, with diluted EPS of $0.14 and non-GAAP diluted EPS of $0.21. This growth was attributed to normalized end markets and improving demand from data center expansions and AI infrastructure investments, reinforcing the company's strategic positioning in cybersecurity and AI.

• Revenue for Q2 2025 reached $69.4 million, marking a 15% increase year-over-year.
• GAAP net income was $10.5 million ($0.14 per diluted share), while non-GAAP net income was $15.5 million ($0.21 per diluted share).

AdaptHealth delivered solid results in the second quarter of 2025, with net revenue of $800.4 million. While net revenue and adjusted EBITDA saw slight decreases year-over-year, the company highlighted progress in driving revenue growth through new partnerships, improving operating efficiency, and reducing debt.

• Net revenue for Q2 2025 was $800.4 million, a 0.7% decrease from Q2 2024.
• Adjusted EBITDA for Q2 2025 was $155.5 million, a 5.9% decrease from Q2 2024.

Pacira BioSciences reported total revenues of $181.1 million for the second quarter of 2025, a slight increase from the previous year. The company experienced a net loss of $4.8 million, or $0.11 per share, but achieved a non-GAAP net income of $36.0 million, or $0.74 per diluted share. Key product sales showed growth for EXPAREL and ZILRETTA, while iovera° sales remained stable. The company also highlighted strategic advancements including a new revolving credit facility and expanded ZILRETTA promotional efforts.

• Total revenues for Q2 2025 reached $181.1 million, showing a modest increase compared to Q2 2024.
• The company reported a GAAP net loss of $4.8 million, or $0.11 per share, contrasting with a net income in the prior year, but achieved a non-GAAP net income of $36.0 million.

Porch Group reported strong second-quarter 2025 results, exceeding expectations with $107.0 million in Porch Shareholder Interest revenue and $2.6 million in net income attributable to Porch. The company saw significant growth in gross profit, up over 400% year-over-year, and a substantial improvement in Adjusted EBITDA, leading to increased full-year 2025 guidance.

• Porch Shareholder Interest revenue reached $107.0 million in Q2 2025, exceeding expectations.
• Net income attributable to Porch was $2.6 million, a significant improvement compared to the prior year.

Safehold delivered a solid second quarter, converting previously announced LOIs into closings at attractive risk-adjusted returns. The company reported $93.8 million in revenue, $27.9 million in net income, and $0.39 in earnings per share.

• Revenue for Q2 2025 was $93.8 million.
• Net income attributable to common shareholders for Q2 2025 was $27.9 million.

Edgewell Personal Care Company experienced a challenging third fiscal quarter in 2025, with net sales decreasing by 3.2% to $627.2 million and GAAP EPS at $0.62, while Adjusted EPS was $0.92. The decline was primarily attributed to very weak Sun Care seasons in North America and certain Latin American markets, along with negative impacts from tariffs and foreign exchange. Despite these headwinds, the company saw strong performance in its International business and improved market share in key North American brands due to targeted investments.

• Net sales decreased by 3.2% to $627.2 million, with organic net sales declining by 4.2%.
• GAAP diluted EPS was $0.62, and Adjusted diluted EPS was $0.92.

Ivanhoe Electric posted higher revenue from its data processing segment but recorded a net loss of $28.97 million in Q2 2025 due to substantial exploration and administrative costs. The company ended the quarter with strong cash reserves of $88 million, reflecting proceeds from a recent public offering.

• Revenue increased to $1.07 million, up from $0.54 million in Q2 2024, driven by data processing services.
• Net loss decreased to $28.97 million from $51.52 million in Q2 2024 due to lower exploration expenses.

Easterly Government Properties delivered solid results in Q2 2025, with a net income of $4.3 million and Core FFO of $34.6 million. The company strategically expanded its portfolio through key acquisitions, including facilities leased to the DC Government and the U.S. Department of Homeland Security, and initiated development for a new Federal Courthouse. A 1-for-2.5 reverse stock split was implemented, and the company maintained its full-year 2025 Core FFO guidance.

• Net income for the quarter was $4.3 million, or $0.09 per share on a fully diluted basis.
• Core FFO reached $34.6 million, or $0.74 per share on a fully diluted basis.

Uniti Group Inc. reported a net loss of $10.7 million and diluted EPS of -$0.04 for the second quarter of 2025. Despite the net loss, the company achieved consolidated revenues of $300.7 million, an increase from the prior year, and a strong Adjusted EBITDA of $242.6 million. The company also successfully completed its merger with Windstream, positioning itself as a premier insurgent fiber provider.

• Uniti Group Inc. reported a net loss of $10.7 million for Q2 2025, compared to a net income of $18.3 million in Q2 2024.
• Consolidated revenues for Q2 2025 were $300.7 million, showing an increase from $294.9 million in the same period last year.

Bain Capital Specialty Finance, Inc. reported solid second quarter results with net investment income covering its regular dividend by 112%. The company's diversified investment portfolio remained healthy with low non-accruals, and it experienced strong new origination activity in the core middle market.

• Net investment income per share was $0.47, representing an annualized NII yield on book value of 10.7%.
• Net income per share was $0.37, equating to an annualized return on book value of 8.3%.

Select Water Solutions delivered a strong second quarter in 2025, with net income increasing by 22.1% and adjusted EBITDA improving by 13.4% sequentially. The Water Infrastructure segment showed significant growth in revenue and gross profit, while the company continued to execute strategic initiatives, including an asset swap with OMNI Environmental Solutions and the evaluation of strategic alternatives for Peak Rentals, to focus on its core Water Infrastructure business.

• Net income increased by 22.1% sequentially to $11.7 million in Q2 2025.
• Adjusted EBITDA improved by 13.4% sequentially to $72.6 million in Q2 2025.

Hudson Pacific Properties delivered a mixed second quarter 2025, with total revenue decreasing year-over-year primarily due to asset sales and lower office occupancy. However, the company achieved substantial leasing activity, securing 1.2 million square feet in 1H25, including 558,000 square feet in Q2. Liquidity significantly improved to $1.0 billion, and recurring G&A expenses saw a 35% improvement. The company is optimistic about future growth driven by AI investments and a ramping media industry.

• Total revenue for Q2 2025 was $190.0 million, down from $218.0 million in Q2 2024, mainly due to asset sales and reduced office occupancy.
• The company leased 558,055 square feet in Q2 2025, contributing to 1.2 million square feet leased in the first half of the year.

Accel Entertainment achieved record quarterly revenues of $335.9 million, an 8.6% increase year-over-year, and record Adjusted EBITDA of $53.2 million, up 7.1%. Despite these gains, net income decreased by 50.2% to $7.3 million, primarily due to a loss on the change in the fair value of contingent earnout shares. The company continued its disciplined expansion strategy, increasing locations and gaming terminals, and saw improved profitability in developing markets.

• Record quarterly revenues reached $335.9 million, an 8.6% increase compared to Q2 2024.
• Net income for Q2 2025 was $7.3 million, a 50.2% decrease from Q2 2024, mainly due to a loss on contingent earnout shares.

Global Ship Lease delivered another quarter of strong results, driven by attractive charter signings and the addition of new vessels. The company increased its operating revenue by 9.7% and net income by 8.8% year-over-year, while also adding $397 million in contracted revenues during the first half of 2025. The company maintains a robust balance sheet and extensive forward charter cover, positioning it well despite a complex and volatile macro environment.

• Operating revenue for Q2 2025 increased by 9.7% to $191.9 million compared to Q2 2024.
• Net income available to common shareholders for Q2 2025 rose by 8.8% to $93.1 million.

Shoals Technologies Group delivered strong second-quarter results, exceeding revenue guidance and achieving a record backlog. The company's focus on core domestic utility-scale markets and growth initiatives contributed to an 11.7% increase in revenue year-over-year. Despite a decline in gross margin due to strategic pricing and product mix, net income and EPS saw increases. The company also raised its full-year 2025 revenue outlook, reflecting confidence in the demand environment.

• Revenue for Q2 2025 increased by 11.7% year-over-year to $110.8 million, surpassing the high end of the company's guidance.
• Backlog and awarded orders reached a record level of $671.3 million as of June 30, 2025, representing a 4.4% increase from the prior year.

Cogent Biosciences ended Q2 2025 with a net loss of $73.5 million as it ramped up clinical and operational activities. The company highlighted strong cash reserves and progress in clinical trials, particularly the SUMMIT trial for bezuclastinib, which met all endpoints. A recent public offering further strengthened its financial position ahead of key milestones expected later in the year.

• Reported Q2 2025 net loss of $73.5 million, up from $59.0 million in Q2 2024
• Research and development expenses rose to $62.2 million due to ongoing trials

Great Lakes Dredge & Dock Corporation delivered a solid second quarter in 2025, with revenue of $193.8 million, net income of $9.7 million, and Adjusted EBITDA of $28.0 million. The company's dredging backlog stood at approximately $1.0 billion, with an additional $215.4 million in low bids and options pending award, providing strong revenue visibility. The increase in revenue and profitability was primarily driven by higher capital project revenue and improved gross margins.

• Second quarter 2025 revenue increased to $193.8 million, up from $170.1 million in the prior year, primarily due to higher capital project revenue.
• Net income for the quarter was $9.7 million, a $2.0 million increase compared to $7.7 million in the prior year second quarter, driven by improved operating results.

In Q2 2025, ORIC Pharmaceuticals posted a net loss of $21.4 million with no revenue as it continues to focus on advancing its clinical-stage oncology programs. The company reported a decrease in R&D expenses compared to the prior year and ended the quarter with $233.6 million in cash and investments.

• Reported a net loss of $21.4 million for Q2 2025.
• No revenue was generated during the quarter.

Frontier Airlines experienced a challenging second quarter in 2025, reporting a net loss of $70 million and a 5% decrease in total operating revenue to $929 million, primarily due to disruptions in domestic air travel demand and significant weather-related and air traffic control delays. Despite these headwinds, the company maintained strong fuel efficiency and continued strategic fleet modernization.

• Total revenue for Q2 2025 was $929 million, a 5% decrease from Q2 2024, on two percent lower capacity.
• The company reported a net loss of $70 million, or $(0.31) per share, compared to a net income of $31 million in the prior year quarter.

United Fire Group delivered its best second quarter profit in over a decade, with net income increasing by $25.7 million to $22.9 million and adjusted operating income rising by $25.5 million to $23.7 million. The company achieved record net written premium of $372.9 million, a 14% increase, primarily due to strong performance in core commercial lines. Underwriting discipline led to a 9.2 point improvement in the combined ratio to 96.4%, and net investment income grew by 20%.

• Net income surged by $25.7 million to $22.9 million, reflecting a significant turnaround from the prior year.
• Net written premium reached a record $372.9 million, marking a 14% increase, driven by robust growth in commercial lines.

Portillo's delivered a solid performance in the second quarter of 2025, with total revenue increasing by 3.6% to $188.5 million and net income rising by 17.7% to $10.0 million. The company managed restaurant-level margins effectively amidst a challenging traffic environment, driven by new restaurant openings and a positive same-restaurant sales increase of 0.7%.

• Total revenue increased by 3.6% to $188.5 million, primarily due to new restaurant openings and a rise in same-restaurant sales.
• Net income grew by 17.7% to $10.0 million, influenced by a tax receivable agreement liability adjustment and lower interest expense.

NPK International Inc. delivered strong second quarter 2025 results, with revenues increasing by 2% to $68.2 million and rental revenues surging by 34% to a record $31.7 million. The company reported an operating income of $11.6 million and net income of $8.8 million, or $0.10 per diluted share. Adjusted EBITDA from continuing operations reached $18.8 million, with a margin of 27.5%. The company also maintained a strong financial position with $26.0 million in cash and $11.2 million in free cash flow, while repurchasing $6 million of common equity.

• Total revenues increased by 2% to $68.2 million in Q2 2025 compared to the prior year period.
• Rental revenues achieved a new single-quarter record, growing 34% to $31.7 million, driven by strong demand in utility and critical infrastructure markets.

Ferroglobe experienced a challenging second quarter in 2025 due to significant external factors, including aggressive silicon metal imports into Europe from China and broader geopolitical uncertainty. However, the company achieved a strong sequential rebound in adjusted EBITDA, driven by increased sales volumes and improved pricing in silicon metal and manganese-based alloys. The company maintained a solid cash position and ended the quarter in a net cash position for the sixth consecutive quarter.

• Sales increased by 25.9% quarter-over-quarter to $386.9 million, but decreased by 14.2% year-over-year.
• Adjusted EBITDA saw a significant rebound, reaching $21.6 million, compared to a negative adjusted EBITDA in the prior quarter.

Latham Group, Inc. delivered a strong second quarter in 2025, with net sales increasing by 7.8% to $172.6 million and net income rising to $16.0 million. The company achieved a 400-basis-point expansion in gross margin, reaching 37.1%, driven by higher volumes, operational efficiencies, and recent acquisitions. Adjusted EBITDA also saw a substantial increase, reaching $39.9 million with a margin of 23.1%.

• Net sales for the second quarter of 2025 increased by 7.8% year-over-year to $172.6 million.
• Gross margin expanded by 400 basis points to 37.1%, primarily due to higher volumes, lean manufacturing, and acquisitions.

Enviri Corporation experienced a challenging second quarter in 2025, with total revenues declining by 8% year-over-year to $562 million and a GAAP consolidated loss from continuing operations of $46 million. Adjusted EBITDA also decreased to $65 million. The Harsco Rail segment significantly underperformed due to weak demand and operational issues, while the Clean Earth business achieved record Q2 earnings and Harsco Environmental delivered consistent performance despite subdued steel-industry volumes. The company announced a formal process to evaluate strategic alternatives to unlock shareholder value.

• Total revenues for Q2 2025 were $562 million, an 8% decrease compared to the prior year.
• The company reported a GAAP consolidated loss from continuing operations of $46 million and a diluted loss per share of $0.58.

Day One Biopharmaceuticals demonstrated strong performance in Q2 2025, primarily driven by significant growth in OJEMDA net product revenue, which increased by 310% year-over-year. The company ended the quarter with a solid cash position and is on track with its clinical development programs, including the pivotal Phase 3 FIREFLY-2 trial.

• OJEMDA net product revenue reached $33.6 million in Q2 2025, marking a 310% increase from Q2 2024.
• OJEMDA prescriptions exceeded 1,000 in Q2 2025, representing a 15% quarter-over-quarter increase.

Digital Turbine delivered a strong fiscal first quarter for 2026, with total revenue increasing by 11% year-over-year to $130.9 million. The company reported a GAAP net loss of $14.1 million, but a non-GAAP adjusted net income of $5.8 million. Non-GAAP adjusted EBITDA saw a substantial 73% increase, reaching $25.1 million, driven by strong demand for its Ignite platform and improved device sales.

• Total revenue for Q1 fiscal 2026 reached $130.9 million, an 11% increase year-over-year.
• Non-GAAP adjusted EBITDA grew by 73% year-over-year to $25.1 million.

Evolus reported global net revenue of $69.4 million for Q2 2025, a 4% increase from Q2 2024, driven by the successful launch of Evolysse™ and strong international market performance, despite a softened U.S. toxin demand. The company also took decisive action to optimize its cost structure, aiming for meaningful profitability in Q4 2025.

• Global net revenue reached $69.4 million in Q2 2025, a 4% increase year-over-year, despite a decrease in overall U.S. aesthetic procedures.
• The launch of Evolysse™ contributed $9.7 million in revenue for Q2 2025, marking the strongest filler launch quarter in over a decade.

OneSpan delivered a strong second quarter in 2025, with significant increases in operating income and net income, demonstrating improved profitability. Despite a slight decrease in total revenue, the company saw robust growth in subscription revenue and annual recurring revenue (ARR). A key strategic move was the acquisition of Nok Nok Labs, enhancing its authentication solutions.

• Operating income increased by 38% year-over-year to $10.5 million, indicating strong profitability.
• Total revenue for the quarter was $59.8 million, a 2% decrease compared to the same period last year.

Personalis experienced a challenging second quarter in 2025 with a significant revenue decline of 24% year-over-year, primarily due to expected decreases from Natera and a reduction in pharma tests and services. Despite these headwinds, the company demonstrated strong clinical adoption, with a 59% sequential increase in clinical test volume, driven by the NeXT Personal® platform and compelling clinical data presentations. The net loss widened compared to the previous year, and the gross margin decreased.

• Total revenue for Q2 2025 was $17.2 million, a 24% decrease compared to $22.6 million in Q2 2024.
• Clinical test volume saw a significant 59% sequential increase, with 3,478 clinical tests delivered in Q2 2025.

Clear Channel Outdoor Holdings, Inc. delivered strong financial results in Q2 2025, with consolidated revenue up 7.0% to $402.8 million, primarily due to growth in its America and Airports segments. The company also made significant strides in strengthening its balance sheet by refinancing approximately 40% of its debt maturities, extending them to 2031 and 2033, with the nearest maturity now in 2028. Adjusted EBITDA increased by 7.7% to $128.6 million, and AFFO saw a substantial 75.9% increase to $27.8 million.

• Consolidated revenue increased by 7.0% to $402.8 million in Q2 2025, driven by growth in both America and Airports segments.
• Adjusted EBITDA grew by 7.7% to $128.6 million, and AFFO surged by 75.9% to $27.8 million, indicating strong operational performance and cash generation.

Summit Hotel Properties experienced a challenging second quarter in 2025, reporting a net loss of $1.612 million and a decrease in total revenues to $192.917 million. Despite a decline in RevPAR and Hotel EBITDA, the company focused on strategic financial initiatives, including significant debt refinancings to extend maturity dates and enhance liquidity, and repurchased 3.6 million shares for $15.4 million.

• The company reported a net loss attributable to common stockholders of $1.612 million for Q2 2025, a significant decline from a net income of $30.849 million in Q2 2024.
• Total revenues for the quarter decreased slightly to $192.917 million from $193.903 million in the prior year's quarter.

EVgo delivered a record second quarter in 2025, with total revenue reaching $98.0 million, a 47% increase year-over-year. The company also secured a significant commercial bank loan facility to accelerate infrastructure buildout and added over 240 new operational stalls, ending the quarter with 4,350 stalls in operation. Net loss attributable to Class A common stockholders was $13.0 million.

• Record revenue of $98.0 million in Q2 2025, up 47% year-over-year.
• Charging network revenue reached a record $51.8 million, marking the 14th consecutive quarter of double-digit year-over-year growth.

Mesa Laboratories, Inc. announced its first fiscal quarter results for 2026, with total revenues reaching $59.543 million, a 2.4% increase year-over-year. Net income saw a significant 40.0% increase to $4.742 million, or $0.85 per diluted share. Despite a challenging macroeconomic environment, the company achieved 0.4% core organic revenue growth, driven by strong performance in Sterilization and Disinfection Control and Clinical Genomics (excluding China). Operating income decreased by 45.1% due to FX impacts and non-cash stock-based compensation, but non-GAAP adjusted operating income excluding unusual items was 21.7% of revenues.

• Total revenues increased by 2.4% to $59.543 million in Q1 FY26 compared to the same period last year.
• Net income surged by 40.0% to $4.742 million, resulting in diluted EPS of $0.85.

OrthoPediatrics delivered a strong second quarter in 2025, achieving record-high total revenue of $61.1 million, a 16% increase year-over-year, driven by robust growth in Scoliosis and Trauma & Deformity segments. The company also significantly improved its Adjusted EBITDA by 58% to $4.1 million and reduced its non-GAAP diluted loss per share. This performance led to an increase in full-year 2025 revenue guidance.

• Total revenue reached a record $61.1 million in Q2 2025, marking a 16% increase from Q2 2024.
• Adjusted EBITDA grew by 58% to $4.1 million in Q2 2025, up from $2.6 million in Q2 2024.

Graham Corporation delivered a strong first quarter for fiscal 2026, with revenue increasing 11% to $55.5 million and net income rising 55% to $4.6 million. The company saw significant growth in its Energy & Process markets and continued strong performance in its Defense business, leading to improved margins and a substantial increase in orders and backlog.

• Revenue increased by 11% to $55.5 million, reflecting strength across the company’s product portfolio and diversified revenue base.
• Net income per diluted share grew 56% to $0.42, while adjusted net income per diluted share increased 36% to $0.45.

National CineMedia experienced a challenging second quarter with a 5.3% decrease in total revenue to $51.8 million and an increased operating loss of $12.0 million. Despite the difficult environment, the company is optimistic about a stronger second half of the year, with third-quarter sales commitments pacing ahead of last year's levels, driven by a strong summer box office and growing advertiser confidence.

• Total revenue for Q2 2025 decreased by 5.3% to $51.8 million compared to $54.7 million in Q2 2024.
• Operating loss increased to $12.0 million in Q2 2025 from $9.3 million in Q2 2024.

Talkspace delivered a strong second quarter in 2025, with total revenue growing 18% year-over-year to $54.3 million, primarily fueled by a 35% increase in Payor revenue. Despite a slight net loss of $0.5 million, adjusted EBITDA significantly improved to $2.3 million, demonstrating operational efficiency and positive momentum from strategic investments.

• Total revenue for Q2 2025 increased by 18% year-over-year, reaching $54.3 million.
• Payor revenue showed robust growth of 35% year-over-year, contributing significantly to the overall revenue increase.

Axogen, Inc. delivered a robust second quarter in 2025, achieving $56.7 million in revenue, an 18.3% increase year-over-year. The company reported a net income of $0.6 million, a significant improvement from a net loss in the prior year, and saw strong growth in adjusted EBITDA and gross margin.

• Second quarter revenue reached $56.7 million, marking an 18.3% increase compared to the same period in 2024.
• The company achieved a net income of $0.6 million ($0.01 per share), a positive shift from a net loss of $1.9 million in Q2 2024.

Global Medical REIT reported a net loss attributable to common stockholders of $0.8 million, or $0.01 per diluted share, for the second quarter of 2025. Despite the net loss, rental revenue increased by 10.7% year-over-year to $37.9 million, primarily driven by recent acquisitions. The company reaffirmed its full-year 2025 AFFO guidance and completed a significant five-property medical portfolio acquisition.

• Net loss attributable to common stockholders was $0.8 million, or $0.01 per diluted share, a significant improvement from a $3.1 million loss in the prior year period.
• Rental revenue increased by 10.7% year-over-year to $37.9 million, primarily due to the impact of acquisitions.

Orthofix reported net sales of $203.1 million for the second quarter of 2025, a 2.3% increase year-over-year. The company achieved a net loss of $(14.1) million, or $(0.36) per share, and reported positive free cash flow of $4.5 million. Pro forma adjusted EBITDA increased by 24.1% to $20.6 million, with margin expansion for the sixth consecutive quarter.

• Second quarter 2025 net sales reached $203.1 million, showing a 2.3% increase compared to the second quarter of 2024.
• The company reported a net loss of $(14.1) million, or $(0.36) per share, for the quarter.

Opendoor delivered $1.57B in revenue and significantly narrowed its net loss to $29M, while achieving its first quarter of adjusted EBITDA profitability since 2022 amid declining inventory and purchases.

• Revenue rose to $1.57B, a 36% increase from Q1.
• Net loss narrowed to $29M, from $92M in Q2 2024.

Arteris delivered a strong second quarter in 2025, with revenue increasing by 13% year-over-year to $16.5 million. The company achieved record Annual Contract Value plus royalties of $69.1 million and a record Remaining Performance Obligation of $99.3 million, indicating robust future business. However, the company reported an increased GAAP operating loss of $8.2 million and a net loss of $9.1 million.

• Revenue for Q2 2025 reached $16.5 million, marking a 13% increase year-over-year.
• Annual Contract Value (ACV) plus royalties hit a record $69.1 million, up 15% from the previous year.

Vishay Precision Group experienced a challenging second quarter in fiscal 2025 with a decline in net revenues and a significant drop in diluted net earnings per share. Despite the year-over-year decreases, the company noted positive sequential trends in sales and orders, indicating a moderately improved business climate. The Weighing Solutions segment achieved a record quarterly gross margin.

• Net revenues for Q2 2025 were $75.2 million, a 2.8% decrease compared to the same period last year.
• Diluted net earnings per share significantly dropped to $0.02 from $0.34 in Q2 2024.

Mayville Engineering Company (MEC) experienced a challenging second quarter in 2025, with net sales decreasing by 19.1% year-over-year to $132.3 million and a GAAP net loss of $1.1 million. Despite the difficult demand environment, the company delivered improved Adjusted EBITDA margins compared to the previous quarter and generated strong free cash flow of $12.5 million, driven by disciplined cost management and operational efficiency.

• Net sales for Q2 2025 were $132.3 million, a 19.1% decrease year-over-year, primarily due to lower customer demand and inventory destocking.
• The company reported a GAAP net loss of $1.1 million, or ($0.05) per diluted share, compared to a net income of $3.8 million in the prior-year period.

Cryoport delivered a strong second quarter in 2025, with total revenue increasing 14% year-over-year to $45.5 million. This growth was driven by significant increases in Life Sciences Services revenue (up 21%) and Life Sciences Products revenue (up 8%). The company also achieved a net income of $105.2 million, primarily due to the divestiture of its CRYOPDP business, and saw a meaningful improvement in adjusted EBITDA.

• Total revenue from continuing operations increased 14% year-over-year to $45.5 million in Q2 2025.
• Commercial Cell & Gene Therapy revenue grew 33% year-over-year to $8.7 million, supporting 18 commercial therapies.

JELD-WEN experienced a challenging second quarter in 2025, with net revenues decreasing by 16.5% to $823.7 million and a net loss from continuing operations of $22.3 million. The decline was primarily due to a 13% decrease in Core Revenues and a 5% impact from the Towanda divestiture. Despite cost reductions and progress in quality and service, Adjusted EBITDA significantly decreased to $39.0 million.

• Net revenues for Q2 2025 were $823.7 million, a 16.5% decrease year-over-year, primarily due to a 13% decline in Core Revenues and a 5% impact from the Towanda divestiture.
• The company reported a net loss from continuing operations of $22.3 million, or ($0.26) per share, compared to a net loss of $18.5 million, or ($0.22) per share, in the prior year's quarter.

Ranpak Holdings Corp. reported a 6.8% year-over-year increase in net revenue to $92.3 million for the second quarter of 2025, driven by volume growth and strength in North American e-commerce. However, the company experienced a net loss of $7.5 million compared to a net income in the prior year, and Adjusted EBITDA declined by 15.8% due to lower volumes in Europe and APAC and higher production costs in North America.

• Net revenue increased by 6.8% year-over-year to $92.3 million, including a $1.2 million non-cash reduction for warrants.
• The company reported a net loss of $7.5 million for the quarter, a significant decrease from a net income of $5.5 million in the prior year period.

908 Devices delivered strong top-line growth in Q2 2025, with revenue increasing 14% year-over-year to $13.0 million, driven by increased handheld product and service revenue. The company achieved record XplorIR placements and successfully launched VipIR, while also making meaningful progress on its path to profitability. Despite an increase in operating expenses leading to a net loss of $12.9 million from continuing operations, the company is confident in meeting its 2025 revenue and adjusted EBITDA targets.

• Revenue from continuing operations increased 14% year-over-year to $13.0 million in Q2 2025.
• The installed base grew 27% year-over-year to 3,336 devices, with 164 devices placed during the quarter.

Cerus Corporation reported a robust second quarter in 2025, achieving record product revenue of $52.4 million, a 16% increase year-over-year. The company also posted positive non-GAAP adjusted EBITDA of $0.9 million and narrowed its net loss attributable to Cerus. This strong performance led to an upward revision of full-year 2025 product revenue guidance.

• Total revenue for Q2 2025 reached $60.1 million, marking a 19% increase compared to the prior year.
• Product revenue hit a record $52.4 million, driven by significant growth in IFC and global platelet sales.

OraSure Technologies experienced a substantial 43% decrease in total net revenues for Q2 2025, primarily driven by a near-complete decline in COVID-19 related revenues. Despite this, the core business saw a more modest 5% year-over-year decrease, with Diagnostics revenues showing a 3% increase. The company reported a significant GAAP net loss and operating loss, but highlighted progress in product portfolio expansion and strategic initiatives for future growth.

• Total net revenues for Q2 2025 decreased by 43% to $31.2 million, largely due to a significant decline in COVID-19 revenues.
• Core business revenues, excluding COVID-19, Molecular Services, and Risk Assessment testing, decreased by 5% year-over-year to $30.8 million.

Esperion delivered robust second quarter 2025 results, with total revenue increasing 12% year-over-year to $82.4 million, driven by a 42% surge in U.S. net product revenue. The company achieved its first quarter of operating income from ongoing business and expects sustainable profitability starting in Q1 2026. Key accomplishments include settlement agreements protecting intellectual property until 2040 and continued expansion of market access for its therapies.

• Total revenue for Q2 2025 increased by 12% year-over-year to $82.4 million.
• U.S. net product revenue grew significantly by 42% year-over-year to $40.3 million.

For Q2 2025, Nuvectis reported a net loss of $6334000 with diluted EPS of -$0.30. Research and development expenses were $3613000 and general and administrative expenses were $2982000. Cash and cash equivalents increased to $26793000 as of June 30, 2025.

• Net loss attributable to common shareholders was $6334000.
• Research and development expenses totaled $3613000.

DMC Global experienced a challenging second quarter in 2025, with consolidated sales declining by 9% year-over-year to $155.5 million and net income attributable to DMC plummeting by 97% to $0.1 million. Despite these declines, adjusted EBITDA attributable to DMC exceeded management's guidance, reaching $13.5 million. The company focused on operational and commercial strategies, successfully reducing total debt by 17% year-to-date.

• Consolidated second-quarter sales were $155.5 million, a 9% decrease compared to the second quarter of 2024.
• Net income attributable to DMC Global Inc. stockholders was $0.1 million, a significant 97% decline year-over-year.

Core Molding Technologies delivered solid profitability and healthy operating and free cash flow in Q2 2025, despite sales declines primarily due to a truck program phase-out and persistent consumer demand weakness in the truck and powersports segments. The company maintained gross margins within its projected range and made significant progress on its 'Invest For Growth' strategy, securing $47 million in new incremental business.

• Core Molding Technologies maintained gross margins between 17% and 19% despite a decrease in sales.
• The company secured $47 million in new incremental business in the first half of 2025, with programs launching over the next two years.

Chegg delivered a strong second quarter in 2025, surpassing its revenue and adjusted EBITDA guidance. The company reported total net revenues of $105.1 million and adjusted EBITDA of $23.1 million. Despite a year-over-year decline in overall revenue and subscribers, Chegg emphasized its strategic review process, ongoing cost management, and the promising growth of its Busuu and Skills segments, which are positioned as future growth engines.

• Total Net Revenues reached $105.1 million, exceeding guidance, although representing a 36% decrease year-over-year.
• Non-GAAP Gross Margin stood at 68% and Adjusted EBITDA was $23.1 million, demonstrating disciplined expense management.

The ONE Group Hospitality delivered strong top-line growth in Q2 2025, with total revenues increasing by 20.2% to $207.4 million, primarily driven by the successful integration of the Benihana acquisition. Despite a decrease in consolidated comparable sales, Benihana achieved positive same-store sales and STK saw positive transaction growth, indicating underlying consumer engagement. The company reported a net loss of $10.1 million, which included significant lease termination and exit expenses.

• Total GAAP revenues increased by 20.2% to $207.4 million in Q2 2025, up from $172.5 million in the prior year.
• Benihana same-store sales increased by 0.4% and STK transactions increased by 2.8%, showing brand strength and consumer engagement.

Sachem Capital Corp. reported a decrease in total revenue to $10.8 million in Q2 2025, down from $15.1 million in Q2 2024, primarily due to lower net new loan origination and an elevated amount of nonperforming loans. However, the company achieved a net income of $0.8 million, or $0.02 per common share, a substantial improvement from a net loss of $4.1 million in the prior year, largely due to a significant reduction in the provision for credit losses.

• Total revenue for Q2 2025 was $10.8 million, a decrease from $15.1 million in Q2 2024.
• Net income attributable to common shareholders was $0.8 million ($0.02 per share) in Q2 2025, a significant improvement from a net loss of $4.1 million ($0.09 per share) in Q2 2024.

Direct Digital Holdings reported a sequential revenue increase of 24% in Q2 2025, reaching $10.1 million, driven by growth in both sell-side and buy-side advertising segments. Despite a 54% year-over-year revenue decrease, the company improved its gross margin to 35% and reduced operating expenses by 25% compared to Q2 2024, reflecting strategic cost-saving initiatives.

• Revenue for Q2 2025 was $10.1 million, a 24% sequential increase from Q1 2025, but a 54% decrease compared to Q2 2024.
• Gross profit improved to $3.6 million, representing a 35% gross margin, up from 27% in Q2 2024 and 29% in Q1 2025.