Reports

Tesla achieved record revenue of $28.1 billion in Q3 2025, along with strong operating cash flow and net income despite rising expenses and lower margins. Continued global expansion and new product launches contributed to the quarter’s performance.

• Record total revenue of $28.1 billion, boosted by vehicle and energy growth
• Free cash flow surged to $3.99 billion, a new quarterly record

SAP achieved solid growth in Q3 2025, led by a 22% increase in cloud revenue and a 37% jump in EPS. The company improved its outlook for the full year, highlighting strong cloud momentum and operational discipline.

• Cloud revenue rose 22% to €5.29 billion
• Cloud ERP Suite revenue surged 26% to €4.59 billion

IBM delivered a robust third-quarter performance in 2025, with total revenue reaching $16.331 billion, a 9% increase year-over-year. The company reported GAAP diluted EPS of $1.84 and non-GAAP diluted EPS of $2.65, alongside a net income of $1.744 billion. All segments showed accelerated growth, contributing to strong free cash flow and an increased full-year outlook.

• Total revenue for Q3 2025 was $16.331 billion, up 9% year-over-year (7% at constant currency).
• GAAP diluted earnings per share from continuing operations was $1.84, while operating (non-GAAP) diluted EPS was $2.65.

AT&T delivered strong results in Q3 2025 with solid net income, consistent revenue, and increased free cash flow, supported by growth in mobile and fiber segments.

• Net income surged to $9.68 billion, significantly boosted by non-operational gains.
• Adjusted EPS held steady at $0.54 despite restructuring and benefit-related items.

Thermo Fisher Scientific delivered a strong third quarter in 2025, achieving a 5% increase in revenue to $11.12 billion and a 10% rise in adjusted diluted EPS to $5.79. The company demonstrated excellent operational performance, advanced its growth strategy with new product launches, strengthened its commercial engine, and successfully executed its capital deployment strategy through strategic acquisitions and stock repurchases.

• Third quarter revenue grew 5% to $11.12 billion, compared to $10.60 billion in the prior-year quarter.
• GAAP diluted EPS was $4.27, in line with the prior-year quarter, while adjusted diluted EPS increased 10% to $5.79.

Boston Scientific delivered a robust Q3 2025 performance, driven by significant revenue gains and higher net income, particularly in the U.S. and Cardiovascular segments.

• Revenue grew to $5.065 billion, up from $4.209 billion a year ago.
• GAAP EPS came in at $0.51; adjusted EPS was $0.75.

GE Vernova delivered strong financial performance in Q3 2025 with robust demand across its Power and Electrification segments, improved margins, and continued positive free cash flow.

• Revenue grew to nearly $10B, driven by strong performance in Electrification and Power.
• Net income reached $453M with a 4.5% margin.

Amphenol delivered record sales of $6.2 billion and net income of $1.25 billion in Q3 2025. Operating margin reached 27.5%, supported by strength across all business segments and the successful acquisition of Rochester Sensors.

• Record revenue of $6.2B, up 53% YoY
• Adjusted EPS of $0.93 exceeded guidance

Lam Research posted solid results in Q1 FY26 with revenue growth and strong margins, although EPS and net income declined slightly compared to the prior quarter.

• Revenue reached $5.32 billion, a 3% increase from the previous quarter.
• GAAP Net Income was $1.57 billion with EPS of $1.24.

CME Group delivered robust Q3 results, with $1.5B in revenue and $908M in net income, supported by strong derivatives trading and record market data revenue.

• Net income reached $908M, with adjusted EPS at $2.68.
• Total revenue came in at $1.54B, driven by strong market data and derivatives trading.

Moody's posted a robust third quarter, with revenue hitting $2 billion and EPS rising to $3.60. Both core segments—Moody’s Analytics and Moody’s Investors Service—achieved record revenues, driving higher operating margins and profitability.

• Revenue reached $2 billion, up from $1.813 billion a year earlier.
• EPS grew to $3.60 with adjusted EPS at $3.92, reflecting strong operational performance.

O’Reilly Automotive posted a strong Q3 2025, with an 8% revenue increase, 12% EPS growth, and solid comparable store sales. The company also raised its full-year sales outlook.

• Revenue rose to $4.71B, an 8% increase year-over-year.
• EPS increased 12% to $0.85 per diluted share.

Barclays delivered resilient performance in Q3 2025, generating £2.1bn in net income and £7.2bn in revenue. The bank announced a £500m share buyback, improved its CET1 ratio to 14.1%, and reaffirmed guidance for FY25 RoTE above 11%.

• Announced a £500m share buyback for Q3 2025.
• Generated £2.1bn in net income and £7.2bn in revenue.

Hilton delivered solid profitability in Q3 2025 with rising EPS and net income, while expanding its global footprint and launching a new lifestyle brand.

• Diluted EPS rose to $1.78, with adjusted EPS reaching $2.11.
• Net income increased to $421 million for the quarter.

Kinder Morgan delivered a solid third quarter with flat EPS, higher adjusted EPS, and increased revenue. Net income edged slightly up, and the company continued to fund capital projects internally while maintaining a healthy balance sheet.

• Adjusted EPS rose to $0.29, up from $0.25 last year.
• Revenue increased to $4.15 billion from $3.70 billion last year.

Vertiv delivered an impressive Q3 2025, highlighted by a 60% surge in organic orders, strong EPS growth, and a record backlog. The company raised its full-year guidance as demand for AI-related infrastructure accelerates.

• Revenue reached $2.6758 billion, up 29% from the prior year.
• Net income grew to $398.5 million, with EPS at $1.02 and adjusted EPS at $1.24.

United Rentals delivered a strong third quarter in 2025, with total revenue reaching $4.229 billion and net income at $701 million. The company saw significant growth in both general rentals and specialty segments, leading to an increase in fleet productivity. Adjusted EBITDA also hit a record high, and the company maintained a healthy liquidity position while returning substantial capital to shareholders.

• Total revenue for Q3 2025 reached $4.229 billion, with rental revenue contributing $3.665 billion.
• Net income for the quarter was $701 million, resulting in a GAAP diluted EPS of $10.91 and an adjusted EPS of $11.70.

Crown Castle posted strong tower performance in Q3 2025 with 5.2% organic growth (excluding Sprint cancellations), net income of $323 million, and raised its full-year 2025 guidance driven by operational efficiencies and lower costs.

• Net income increased to $323 million from $303 million a year ago.
• EPS rose to $0.74 from $0.70 in Q3 2024.

Wabtec delivered a strong Q3 2025 performance with growth in revenue, operating income, and net income. The company raised its full-year adjusted EPS guidance, supported by a robust backlog and margin expansion.

• Revenue increased to $2.89B, driven by growth in both Freight and Transit segments.
• Adjusted EPS rose to $2.32 from $2.00 in Q3 2024.

Las Vegas Sands delivered solid results in Q3 2025 with $3.33 billion in revenue and $491 million in net income, driven by strength in both Macao and Singapore operations.

• Total revenue reached $3.33 billion, up from $2.68 billion in Q3 2024.
• Net income rose to $491 million, an increase of 39% year-over-year.

Teledyne achieved record quarterly revenue and free cash flow in Q3 2025, although GAAP net income declined due to acquisition-related amortization and lower tax benefits compared to the prior year. Aerospace and Defense led segment growth, while Digital Imaging remained stable. Operating margins remained solid, and full-year guidance was raised.

• Revenue grew to $1.5395 billion, a 6.7% increase from Q3 2024.
• GAAP EPS was $4.65, while non-GAAP EPS reached a record $5.57.

FirstEnergy delivered strong third-quarter 2025 results with GAAP earnings of $0.76 per share and Core Earnings of $0.83 per share, an increase of 9% compared to the prior year. The company narrowed its full-year 2025 Core Earnings guidance to $2.50 to $2.56 per share and increased its capital investment program for 2025 to $5.5 billion, driven by grid reliability and resiliency efforts, and anticipated growth in transmission investments.

• GAAP earnings for Q3 2025 were $0.76 per share on revenue of $4.1 billion.
• Core Earnings (non-GAAP) for Q3 2025 were $0.83 per share, a 9% increase from Q3 2024.

Northern Trust delivered stable revenue and higher earnings in Q3 2025, with strong pre-tax margins, a healthy return on equity, and active share repurchases.

• EPS reached $2.29, up from the previous quarter.
• Net income rose to $457.6M despite slightly lower revenue year-over-year.

Lennox saw a 5% drop in Q3 revenue but maintained strong profitability with increased EPS and higher margins across segments.

• Revenue declined 5% YoY to $1.4268 billion, mainly due to lower volumes in Home Comfort Solutions.
• EPS rose to $6.98, supported by strong pricing and cost management.

Southwest Airlines delivered record operating revenues of $6.9B in Q3 2025, driven by strong demand and strategic initiatives. Despite a modest decline in net income year-over-year, the company outperformed expectations on unit revenues and costs, and remains confident in delivering record revenue in Q4.

• Achieved record Q3 revenue of $6.9B, up 1.1% YoY.
• Reported net income of $54M and EPS of $0.10.

The company delivered strong results in its core packaging business, despite the integration costs from the recent Greif acquisition which impacted net income.

• Net income for Q3 2025 was $226,900,000, with adjusted EPS of $2.73.
• Revenue grew to $2,313,400,000, up from $2,182,400,000 a year ago.

Reliance, Inc. delivered stable revenue and strong operational execution in Q3 2025, with record tons sold and positive net income despite competitive pricing and inventory challenges in key markets.

• Tons sold hit a Q3 record and exceeded industry shipment trends
• Net income reached $189.5M with strong operational execution

Graco's Q3 2025 revenue rose 5% year-over-year to $543.4M, supported by acquired operations. Organic sales declined slightly, but operating income and EPS improved due to strategic pricing and favorable mix.

• Q3 revenue grew 5% YoY, driven by 6% acquisition-related gains
• EPS increased to $0.82, with adjusted EPS at $0.73

Avery Dennison reported modest revenue growth in Q3 2025 with stronger performance from the Solutions Group. Net income declined year-over-year, but adjusted EPS slightly increased. Free cash flow improved significantly versus last year.

• Revenue grew to $2.22 billion, up 1.5% from Q3 2024.
• Adjusted EPS increased to $2.37, while reported EPS was $2.13.

Medpace delivered a solid Q3 2025 performance, achieving over $659 million in revenue and $111 million in net income, driven by robust new business awards and continued operational efficiency.

• Revenue grew to $659.9 million in Q3 2025.
• Net income reached $111.1 million with a margin of 16.8%.

ICON plc delivered solid third-quarter results amidst an uncertain market, achieving $2,042.8 million in revenue and $2.4 million in GAAP net income. The company reported strong gross business wins and a net book-to-bill ratio of 1.02, but faced challenges including delayed decision-making and elevated cancellations. Adjusted EBITDA was $396.7 million, and the company repurchased $250.0 million worth of stock.

• Quarter three revenue reached $2,042.8 million, showing a 0.6% increase compared to the same period last year.
• GAAP net income was $2.4 million, or $0.03 per diluted share, while adjusted net income was $258.8 million, or $3.31 per diluted share.

Annaly Capital Management posted $1.21 EPS and a net income of over $791M in Q3 2025, driven by strong investment performance across its Agency and Residential Credit portfolios, and disciplined capital deployment.

• GAAP EPS was $1.21, while Earnings Available for Distribution (EAD) was $0.73 per share.
• Net income available to common stockholders reached $791.3M, up sharply from $24.8M in Q3 2024.

Equity LifeStyle Properties delivered a strong Q3, with higher EPS and net income compared to last year, driven by steady growth in MH rental income and tight cost control on operating expenses.

• EPS rose to $0.50 from $0.44 in Q3 2024
• Net income available to common stockholders was $97.1M

Stifel posted its highest Q3 revenue ever, powered by double-digit growth across investment banking and transactional revenues. Profitability improved with higher net income and EPS, while the firm continued to grow its client asset base and advisor network.

• Record net revenues of $1.43 billion, up 17% YoY.
• Net income available to common shareholders rose to $202.1 million.

CACI International Inc reported a strong start to fiscal year 2026 with revenues of $2.3 billion, an 11.2% increase year-over-year, driven by 5.5% organic growth. The company achieved a net income of $124.8 million and diluted EPS of $5.63, alongside robust contract awards totaling $5.0 billion, resulting in a book-to-bill ratio of 2.2x. Both total and funded backlog saw significant increases, underscoring the company's strong market position in national security priorities.

• Revenues increased by 11.2% year-over-year to $2.3 billion, with 5.5% organic growth.
• Diluted EPS grew by 5.6% to $5.63, and adjusted diluted EPS rose by 15.5% to $6.85.

Globe Life reported a 38% year-over-year increase in EPS and continued expansion in both life and health insurance segments. Strong underwriting performance, disciplined cost management, and ongoing agent growth supported profitability.

• Net operating income rose 28% to $394.2M; EPS up 38% YoY
• Life premiums rose 3%, health premiums 9% in Q3 2025

SouthState Bank Corporation delivered a robust third quarter in 2025, marked by a 5% increase in top-line revenue to $699 million and a 30% year-over-year surge in diluted earnings per share to $2.42. The company achieved a net income of $246.6 million and an adjusted net income of $262.7 million, driven by successful integration efforts and growth in fee income, particularly from capital markets. The balance sheet showed healthy expansion with loans and deposits both increasing by 3%, while maintaining strong capital ratios.

• Diluted EPS increased by 30% year-over-year to $2.42, with adjusted diluted EPS reaching $2.58.
• Total revenue, non-tax equivalent, grew by $34 million (5%) quarter-over-quarter to $699 million.

Molina Healthcare’s Q3 2025 earnings fell significantly due to elevated medical care costs, particularly in its Marketplace segment. Despite this, the company continued growing revenues and maintained profitability, driven by strength in the Medicaid business.

• GAAP EPS fell to $1.51 and adjusted EPS to $1.84, driven by higher utilization in Medicare and Marketplace segments
• Total revenue rose to $11.477 billion, up from $10.340 billion a year earlier

Old National Bancorp delivered strong third quarter 2025 results, with net income applicable to common shares reaching $178.5 million and diluted EPS of $0.46. On an adjusted basis, net income was $231.3 million and adjusted diluted EPS was $0.59. The company's performance was significantly bolstered by the full quarter impact of its partnership with Bremer Bank, leading to higher net interest income and improved efficiency ratios.

• Net income applicable to common shares was $178.5 million, with adjusted net income at $231.3 million.
• Diluted EPS stood at $0.46, while adjusted diluted EPS was $0.59, reflecting strong underlying performance.

Alcoa reported a net income of $232 million and diluted EPS of $0.88 for Q3 2025, reflecting increased production in both alumina and aluminum segments. Revenue for the quarter was $2.995 billion. The company also reported a non-GAAP adjusted net loss of $6 million and adjusted diluted EPS of -$0.02.

• Alcoa achieved a net income of $232 million in Q3 2025, a significant increase from $90 million in Q3 2024.
• Diluted EPS for the quarter was $0.88, up from $0.38 in the same period last year.

Churchill Downs posted record third quarter revenue of $683 million and record Adjusted EBITDA of $262.3 million. Despite the strong operating performance, GAAP net income declined 42% year-over-year due to a one-time impairment related to gaming rights. The company continued investing in strategic projects and returned $53.5 million to shareholders through share repurchases.

• Record Q3 revenue of $683 million, up 9% YoY
• Adjusted net income rose to $77.1 million, despite a one-time impairment charge

QuantumScape Corporation announced its business and financial results for the third quarter of 2025, which ended September 30. The company posted a letter to shareholders detailing these results and providing a business update.

• QuantumScape announced its Q3 2025 business and financial results.
• The third quarter ended on September 30, 2025.

Lithia Motors delivered record Q3 revenue of $9.7 billion and grew adjusted EPS by 17%, driven by strength in used vehicle retail and aftersales performance.

• Achieved highest Q3 revenue in company history at $9.7 billion
• Adjusted EPS rose 17% to $9.50

Knight-Swift reported slight revenue growth in Q3 2025 with adjusted EPS at $0.32 and net income of $7.9M. Adjusted operating income increased, but GAAP results declined due to impairments and insurance costs. The LTL segment showed strong shipment growth, while intermodal returned to profitability.

• Total revenue grew to $1.927 billion, a 2.7% increase YoY.
• Adjusted operating income rose to $106 million from $102 million.

Wyndham Hotels & Resorts delivered a resilient third quarter, with system-wide rooms and development pipeline each growing by 4% year-over-year. The company reported a 5% increase in diluted EPS to $1.36 and a 3% rise in net income to $105 million, driven by strategic execution and double-digit growth in ancillary revenues.

• Global system-wide rooms increased by 4% year-over-year, reaching 855,400 rooms.
• The development pipeline grew 4% year-over-year to a record 257,000 rooms, with 204 new development contracts awarded.

Taylor Morrison delivered solid third-quarter results, meeting or exceeding guidance across key metrics despite challenging market conditions. The company reported $2.0 billion in home closings revenue from 3,324 closings, achieving a home closings gross margin of 22.1%. Net sales orders were 2,468, with a monthly absorption pace of 2.4 per community. The company maintained a strong balance sheet with $1.3 billion in total liquidity and repurchased $75 million in common shares.

• Net income reached $201 million, or $2.01 per diluted share, with adjusted net income at $211 million, or $2.11 per diluted share.
• Home closings revenue was $2.0 billion from 3,324 closings, with an average sales price of $602,000, slightly exceeding prior guidance.

Essential Properties delivered a robust Q3 2025, driven by higher rental and interest revenue, a 22% increase in net income per share, and a 12% rise in AFFO per share. Investment activity remained strong, with $369.8 million deployed across 87 properties, and the company raised its 2025 AFFO guidance.

• Q3 net income reached $65.6 million, up from $49.1 million in Q3 2024.
• AFFO per share increased 12% year-over-year to $0.48.

First American Financial Corporation delivered a strong third quarter in 2025, with total revenue increasing by 41% year-over-year to $2.0 billion and net income reaching $190 million. The company's Title Insurance and Services segment and Home Warranty segment both showed robust performance, driven by growth in commercial business and effective cost management, despite challenges in the U.S. housing market.

• Total revenue surged by 41% to $1,978.9 million compared to the third quarter of 2024.
• Net income was $189.6 million, a significant improvement from a net loss of $104.0 million in the prior year.

Selective Insurance Group, Inc. delivered a strong third quarter in 2025, with net income per diluted common share increasing by 26% to $1.85 and non-GAAP operating income per diluted common share rising by 25% to $1.75. The company's net premiums written grew by 4% year-over-year, driven by robust renewal pure price increases. The combined ratio improved to 98.6%, and after-tax net investment income saw an 18% increase. The Board of Directors also authorized a new $200 million share repurchase program and increased the quarterly dividend by 13%.

• Net income per diluted common share increased by 26% to $1.85, and non-GAAP operating income per diluted common share rose by 25% to $1.75.
• Net premiums written grew by 4% from the third quarter of 2024, with an overall average renewal pure price increase of 9.6%.

Hexcel's Q3 2025 revenue was virtually unchanged year-over-year, but net income and operating income declined significantly due to lower margins and restructuring expenses. The company announced a $350 million accelerated share repurchase and lowered its EPS guidance due to tariffs and destocking impacts.

• Q3 2025 revenue was $456.2 million, flat compared to Q3 2024.
• Net income fell to $20.6 million from $39.8 million a year ago.

Sonoco delivered a robust third quarter, with net sales surging by 57.3% to $2.1 billion, largely due to strategic acquisitions. The company reported a substantial increase in GAAP net income attributable to Sonoco, reaching $122.9 million, and adjusted diluted EPS of $1.92, up 29.3% year-over-year. Operating cash flow also saw significant improvement, reaching $292 million for the quarter.

• Net sales increased by 57.3% to $2.131 billion, primarily driven by the acquisition of Eviosys and price increases.
• GAAP net income attributable to Sonoco rose to $122.9 million, a 141% increase from the prior-year quarter.

Vista Energy's Q3 2025 performance showed significant production growth, particularly in oil, which lifted total revenue by 53% year-over-year. Exports made up 60% of net revenue. Profitability surged with strong adjusted EBITDA and a gain from the PEPASA acquisition.

• Revenue reached $706.1 million, up 53% YoY due to higher production.
• Net income hit $315.3 million, boosted by a $288.1 million gain from an acquisition.

In the third quarter of 2025, Texas Capital Bancshares achieved record net income of $105.2 million and EPS of $2.18, supported by a net interest income of $271.8 million and a strong efficiency ratio of 56.0%. Key capital ratios improved, with CET1 reaching 12.1% and total assets totaling $32.5 billion.

• Record net income of $105.2 million and diluted EPS of $2.18.
• Net interest income grew to $271.8 million, supported by increased asset yields.

Travel + Leisure delivered strong Q3 2025 results, with net income of $111M and adjusted EPS of $1.80. The Vacation Ownership segment saw a 6% revenue rise, while VPG climbed to $3,304. The company also increased its full-year EBITDA guidance.

• Net income reached $111 million, with EPS at $1.67 and adjusted EPS at $1.80
• Vacation Ownership revenue increased to $876 million, up 6% YoY

United Community Banks delivered higher revenue and EPS in Q3 2025, driven by net interest margin expansion and reduced credit loss provision. Operating performance ratios improved significantly year-over-year.

• Total revenue rose to $276.8 million, up 27% YoY.
• Net income increased to $91.5 million, with EPS at $0.70 and operating EPS at $0.75.

Plexus delivered strong fiscal fourth quarter results, with non-GAAP EPS of $2.14 exceeding guidance and free cash flow surpassing projections. The company achieved significant manufacturing wins, improved cash cycle to a five-year best, and reported a robust return on invested capital for fiscal 2025.

• Non-GAAP EPS for Q4 2025 was $2.14, exceeding guidance.
• Free cash flow for Q4 2025 was $97.2 million, surpassing projections.

M/I Homes experienced a solid third quarter in 2025, achieving $140 million in pre-tax income and delivering a record 2,296 homes, despite challenging housing market conditions. However, net income and diluted EPS decreased compared to the third quarter of 2024. The company maintained a strong financial position with a low homebuilding debt-to-capital ratio and increased borrowing capacity.

• Net income for Q3 2025 was $106.5 million ($3.92 per diluted share), down from $145.4 million ($5.10 per diluted share) in Q3 2024.
• Homes delivered increased by 1% to a record 2,296 homes in Q3 2025 compared to 2,271 homes in Q3 2024.

UniFirst posted Q4 2025 results showing adjusted revenue growth despite a decline in total reported revenue from the prior year. Net income and EPS decreased, with operating margins slightly lower due to continued investment in strategic initiatives.

• Q4 revenue was $614.4M, down from $639.9M due to the prior year's extra week.
• Net income fell to $41.0M from $44.6M year-over-year.

WD-40 Company delivered solid results in Q4 2025, with total net sales increasing by 5% to $163.5 million and diluted EPS rising by 27% to $1.56. The company's gross margin continued to strengthen, reaching 54.7% for the quarter, and operating income increased by 17%.

• Total net sales for Q4 2025 increased by 5% to $163.5 million compared to the prior year fiscal quarter.
• Diluted earnings per share for Q4 2025 were $1.56, a 27% increase from $1.23 in the prior year fiscal quarter.

BankUnited delivered solid Q3 2025 results, achieving its 3.00% net interest margin target, growing EPS to $0.95, and increasing net income to $71.9 million. The company maintained strong asset quality while navigating seasonal deposit outflows and strategic loan portfolio shifts.

• Net income rose to $71.9 million with EPS at $0.95, up from $61.5 million and $0.81 a year ago.
• Net interest margin reached 3.00%, up from 2.93% in Q2 2025.

WesBanco announced robust financial results for the third quarter of 2025, with significant increases in net income and diluted EPS compared to the prior year. The company's performance was bolstered by the successful integration of the Premier Financial Corp. acquisition, leading to substantial growth in deposits and loans, an expanded net interest margin, and improved efficiency. Strategic expense management and a focus on digital banking channels also contributed to the positive outcomes.

• Net income available to common shareholders increased by 133.3% year-over-year to $81.0 million.
• Diluted earnings per share rose by 55.6% to $0.84, with adjusted diluted EPS reaching $0.94.

First Merchants posted steady growth in loans and deposits, supported by strong capital ratios and consistent profitability metrics. Net income remained flat quarter-over-quarter, while margins and credit quality were stable.

• Net income available to common stockholders was $56.3 million.
• Total loans grew by $288.8 million quarter-over-quarter.

Patterson-UTI posted $1.2 billion in revenue for Q3 2025 with a net loss of $36 million. The company maintained stable activity levels across segments, with strong gross profit from drilling and completion services, although margin pressure and legacy legal costs weighed on earnings.

• Revenue for the quarter reached $1.2 billion.
• Reported net loss of $36 million; adjusted net loss was $21 million.

ASGN delivered a solid performance in the third quarter of 2025, with revenues of $1.01 billion and net income of $38.1 million. The IT consulting business continued its growth, accounting for 63% of total revenues, while Adjusted EBITDA stood at $112.6 million, representing an 11.1% margin. The company also generated strong operating cash flows and repurchased shares.

• Revenues for the third quarter of 2025 were $1.01 billion, aligning with the high end of guidance estimates.
• Net income was $38.1 million, and Adjusted EBITDA reached $112.6 million, with an Adjusted EBITDA margin of 11.1%.

OFG Bancorp delivered strong third-quarter results, growing EPS to $1.16 and increasing total core revenues to $184.0 million. Credit quality remained stable while the company continued to invest in technology and returned capital to shareholders via stock repurchases.

• EPS rose to $1.16 from $1.00 a year ago, reflecting 16% growth YoY.
• Total core revenues reached $184.0 million, a 5.6% YoY increase.

Century Communities delivered 2,486 homes, generating $980.3 million in total revenues. The company achieved a net income of $37.4 million, or $1.25 per diluted share, and a record book value per share of $87.74, demonstrating resilience despite economic uncertainties.

• Total revenues reached $980.3 million, driven by 2,486 home deliveries.
• Net income was $37.4 million ($1.25 per diluted share), with adjusted net income at $45.7 million ($1.52 per diluted share).

City Holding delivered a record-breaking quarter with $35.2 million in net income and a net interest margin of 4.04%. Higher yields on loans and investments, coupled with lower liability costs, contributed to improved performance.

• Net income reached a record $35.2 million for the quarter.
• Diluted EPS rose to $2.41, up from $2.02 in Q3 2024.

LendingClub delivered a robust Q3 2025, with net income more than tripling to $44.3 million and total revenue rising 32% YoY to $266.2 million. EPS climbed to $0.37, boosted by improved marketplace activity, credit performance, and cost discipline. The company achieved a net interest margin of 6.18% and a return on tangible common equity of 13.2%.

• Net income rose to $44.3 million from $14.5 million a year ago
• Loan originations increased 37% YoY to $2.6 billion

Stewart Information Services Corporation delivered a robust performance in the third quarter of 2025, with total revenues reaching $796.9 million and net income attributable to Stewart at $44.3 million. Diluted EPS stood at $1.55, reflecting strong growth across its Title and Real Estate Solutions segments, despite a subdued broad housing environment.

• Total revenues increased by 19% to $796.9 million, demonstrating strong top-line growth.
• Net income attributable to Stewart rose by 47% to $44.3 million, indicating improved profitability.

Getty Realty delivered a strong Q3 2025, driven by 11% growth in base rental income and disciplined investment execution. The company posted $23.3 million in net income and EPS of $0.40. Getty increased its full-year AFFO guidance as it continues to expand its real estate portfolio with high-yielding assets.

• Q3 net earnings were $23.3 million or $0.40 per diluted share
• Base rental income rose 11.1% to $52.1 million driven by acquisitions and rent escalations

Kaiser Aluminum delivered its fourth consecutive quarter of results above expectations, driven by increased net sales and net income. The company reported $844 million in net sales and $40 million in net income, with adjusted EBITDA reaching $81 million. Despite non-recurring startup costs, favorable metal tailwinds contributed to the strong performance, leading to an upward revision of the full-year 2025 Adjusted EBITDA outlook.

• Net Sales increased to $844 million, up from $748 million in the prior year period, primarily due to higher average realized sales price.
• Net Income rose significantly to $40 million, or $2.38 per diluted share, compared to $9 million, or $0.54 per diluted share, in Q3 2024.

Live Oak Bancshares delivered solid Q3 2025 performance, generating $146.1 million in revenue and $25.6 million in net income. Loan and lease originations reached $1.65 billion, and net interest margin rose to 3.33%. The company continued growing deposits and strengthened capital through a preferred stock offering.

• Net income attributable to common shareholders was $25.6 million, or $0.55 per diluted share
• Revenue reached $146.1 million with 8% quarterly growth in loan originations

ARMOUR reported Q3 2025 GAAP net income of $156.3 million and EPS of $1.49, driven by strong gains on MBS and stable net interest income. Distributable earnings per share came in at $0.72. The company raised over $398 million through equity issuance and maintained a solid book value growth, ending the quarter with a book value of $17.49 per share and a 7.75% total economic return.

• GAAP net income was $156.3 million or $1.49 per share
• Distributable earnings reached $75.3 million or $0.72 per share

Veris Residential, Inc. delivered a strong third quarter in 2025, exceeding its non-strategic asset disposition target and significantly reducing debt. The company also reported solid operational performance with positive blended net rental growth and raised its Core FFO per share guidance for the second consecutive quarter.

• Completed or put under contract $542 million in non-strategic asset sales year-to-date, exceeding the initial target.
• Reduced debt by $394 million during the third quarter, lowering Net Debt-to-EBITDA (Normalized) to 10.0x.

QCR Holdings delivered record-breaking net income of $36.7 million in Q3 2025, supported by a rebound in capital markets revenue and improved net interest margins. Revenue and EPS both grew sequentially, reflecting strong operational execution and lending activity.

• Achieved record net income of $36.7 million and adjusted net income of $36.9 million.
• Capital markets revenue surged to $23.8 million, up 141% sequentially.

PROG Holdings delivered strong adjusted EBITDA and EPS despite a modest revenue decline, driven by margin expansion in Progressive Leasing and continued growth in Four Technologies.

• Revenue totaled $595.1 million, down slightly from the prior year.
• Net income was $33.1 million, with diluted EPS of $0.82 and non-GAAP EPS of $0.90.

OceanFirst Financial Corp. posted net income of $17.3 million ($0.30 per diluted share) for Q3 2025, down from $24.1 million in Q3 2024. Core earnings were $20.3 million ($0.36 per diluted share). The quarter reflected strong loan and deposit growth, stable net interest margin, and restructuring charges linked to residential outsourcing.

• Net income was $17.3 million, down 28% year-over-year.
• Core diluted EPS was $0.36 compared to $0.39 in Q3 2024.

Helix Energy Solutions posted revenue of $376.96 million and net income of $22.1 million ($0.15 per diluted share) for Q3 2025. Adjusted EBITDA reached $103.7 million, marking the highest quarterly level since 2014. The company benefited from higher utilization rates in Robotics and Shallow Water Abandonment while maintaining strong liquidity with $338.0 million in cash.

• Revenue rose 10% year-over-year to $376.96 million.
• Net income reached $22.1 million versus $29.5 million in Q3 2024.

HCSG exceeded expectations in Q3 2025, with strong growth in revenue and profitability, aided by ERC-related benefits and solid operational performance across both service segments.

• Revenue rose to $464.3M, supported by strong performance across both Environmental and Dietary segments.
• Net income reached $43.0M with a $0.59 EPS, including a $0.36 benefit from the ERC.

Univest Financial Corporation delivered a strong third quarter in 2025, with net income rising to $25.6 million and diluted earnings per share reaching $0.89, up from $18.6 million and $0.63 respectively in the same period last year. The increase was primarily driven by higher net interest income and a notable increase in bank-owned life insurance income due to death benefit claims. The company also saw growth in total assets and deposits.

• Net income for Q3 2025 increased to $25.6 million, up from $18.6 million in Q3 2024.
• Diluted earnings per share rose to $0.89 in Q3 2025, compared to $0.63 in Q3 2024.

Old Second Bancorp, Inc. posted net income of $9.9 million ($0.18 per diluted share) for Q3 2025, down from $23.0 million a year ago. Adjusted net income was $28.4 million ($0.53 per diluted share). The quarter was heavily influenced by the acquisition of Bancorp Financial, which increased loan balances and noninterest expenses while boosting interest income. The company maintained solid profitability and strong capital ratios, with a net interest margin of 5.05% and efficiency ratio of 64.46%.

• Net income was $9.9 million, down from $23.0 million in Q3 2024 due to acquisition-related expenses.
• Adjusted net income reached $28.4 million, up from $24.0 million a year earlier.

Winnebago Industries delivered Q4 revenue of $777.3 million and net income of $13.7 million, driven by favorable product mix, targeted price increases, and margin recovery in key segments.

• Net revenues rose 7.8% YoY to $777.3 million.
• Adjusted EPS climbed to $0.71, up from $0.28 in Q4 2024.

Brandywine Realty Trust reported Q3 2025 revenue of $120.8 million and net income of $8.1 million ($0.05 per diluted share). Funds From Operations (FFO) was $46.1 million, or $0.26 per share. The company maintained stable occupancy and leasing levels across its core portfolio, achieved positive cash rent mark-to-market, and reaffirmed its full-year FFO guidance.

• Total revenue reached $120.8 million, up slightly from $118.5 million in Q3 2024.
• Net income was $8.1 million, or $0.05 per share, compared to $7.8 million last year.

Ribbon Communications reported Q3 2025 revenue of $215 million, up from $210 million a year earlier. The company posted a GAAP net loss of $12.1 million ($-0.07 per share) and non-GAAP EPS of $0.04. Adjusted EBITDA reached $28.9 million, supported by strong contributions from the IP Optical Networks segment and disciplined cost management.

• Revenue was $215 million, increasing 2% year over year from $210 million.
• Non-GAAP adjusted EBITDA was $29 million, consistent with prior-year levels.

Horizon Bancorp reported a net loss of $222.0 million for the third quarter of 2025, or $(4.69) per diluted share, primarily due to a strategic balance sheet repositioning that included a significant loss on the sale of investment securities. Despite the reported loss, the company highlighted strong core community banking performance, with expanding net interest margin, solid commercial loan growth, and excellent credit quality. The balance sheet repositioning is largely complete and is expected to lead to top-tier financial outcomes.

• Horizon Bancorp reported a net loss of $222.0 million, or $(4.69) per diluted share, for Q3 2025, primarily due to balance sheet repositioning activities.
• Net interest income increased by 24.5% year-over-year to $58.4 million, and net interest margin expanded to 3.52% for the eighth consecutive quarter.

Hometrust Bancshares delivered solid Q3 2025 results. While net income declined slightly, the company maintained strong net interest margin and disciplined expense control, underscoring stable operations.

• Net income was $16.5 million, down from $17.2 million in the prior quarter.
• EPS was $0.95 compared to $1.00 in Q2.

USANA Health Sciences reported a 7% year-over-year increase in net sales, reaching $214 million for Q3 2025. However, the company experienced a net loss of $6.5 million, or -$0.36 diluted EPS, primarily due to softer than anticipated sales, investments in a new Brand Partner compensation plan, and a significant adjustment to the estimated annual effective income tax rate.

• Net sales increased by 7% year-over-year to $214 million, driven by the acquisition of Hiya and growth in the Americas and Europe region.
• The company reported a net loss of $6.5 million and diluted EPS of -$0.36, a significant decline from a net income of $10.6 million and $0.56 EPS in the prior year.

Colony Bankcorp delivered a solid third quarter in 2025, with net income reaching $5.8 million and operating net income at $8.2 million. The company experienced an increase in operating revenue, driven by net interest margin expansion and strong noninterest income. Total assets grew to $3.15 billion, and total loans increased by $43.5 million from the prior quarter, reflecting healthy customer demand.

• Net income for Q3 2025 was $5.8 million, or $0.33 per diluted share, compared to $5.6 million, or $0.32 per diluted share, for Q3 2024.
• Operating net income for Q3 2025 was $8.2 million, or $0.47 of adjusted earnings per diluted share, up from $6.2 million, or $0.35 per diluted share, in Q3 2024.

Fidelity D & D Bancorp delivered a strong Q3 2025 performance, with net income of $7.3 million and EPS of $1.27, boosted by higher interest income and effective cost control.

• Net income rose to $7.3 million from $5.0 million a year earlier.
• EPS reached $1.27, up from $0.86 in Q3 2024.