Reports

Microsoft delivered a robust Q2 FY26, driven by strong cloud performance and continued AI momentum, with Microsoft Cloud revenue surpassing $50B.

• Revenue reached $81.3B, up 17% YoY.
• GAAP Net Income was $38.5B, boosted by gains from OpenAI investments.

Tesla delivered $24.9B in revenue and $840M in net income in Q4 2025, with notable advancements in Robotaxi and record energy deployments. Automotive margins improved despite lower deliveries.

• Tesla posted $24.9B in revenue and $840M in net income for Q4 2025
• Energy business hit record deployments and profit, contributing $3.8B in revenue

IBM delivered a strong fourth quarter in 2025, with revenue reaching $19.7 billion, up 12% year-over-year, and diluted EPS of $5.86. The company saw robust performance in Software and Infrastructure segments, both achieving double-digit growth. Full-year results also showed significant increases in revenue, profit, and free cash flow, with generative AI bookings exceeding $12.5 billion.

• Fourth-quarter revenue was $19.7 billion, an increase of 12% (9% at constant currency) year-over-year.
• Software revenue grew by 14% (11% at constant currency) and Infrastructure revenue increased by 21% (17% at constant currency).

Lam Research delivered $5.34 billion in revenue with strong margins and over $1.5 billion in net income, reflecting continued demand for advanced semiconductor manufacturing equipment.

• Revenue reached $5.34 billion, driven by strong systems and services demand
• Gross margin remained robust at nearly 50%

ServiceNow delivered exceptional Q4 2025 results, surpassing expectations with subscription revenues of $3,466 million, a 21% year-over-year growth. The company also reported significant growth in current remaining performance obligations (cRPO) and authorized a substantial share repurchase program, highlighting strong business momentum and confidence in future growth.

• ServiceNow exceeded guidance across all Q4 2025 topline growth and profitability metrics.
• Subscription revenues reached $3,466 million in Q4 2025, marking a 21% year-over-year growth.

AT&T delivered a solid Q4 with growth in revenue, strong net income, and increased adjusted EPS. The company saw significant subscriber additions in fiber and postpaid phones, reflecting the success of its convergence strategy.

• Revenue reached $33.5B in Q4, driven by Mobility and Consumer Wireline segments.
• Net income totaled $4.2B with diluted EPS of $0.53 and adjusted EPS of $0.52.

Amphenol delivered a strong Q4 2025 performance, with record sales and profitability fueled by growth across all segments and contributions from recent acquisitions.

• Q4 revenue reached $6.44 billion, up from $4.32 billion in Q4 2024.
• Adjusted EPS rose to $0.97, significantly exceeding guidance.

GE Vernova achieved robust order growth, improved margins, and reported a substantial net income in Q4 2025, boosted by a $2.9 billion tax benefit from a U.S. valuation allowance release.

• Orders increased by 65% organically across all segments, reaching $22.2 billion.
• Backlog grew by $15.0 billion sequentially from equipment and services at Power and Electrification.

Danaher delivered strong Q4 2025 results, with adjusted EPS rising to $2.23 and revenue hitting $6.8 billion. Net income came in at $1.2 billion, driven by strength in its Bioprocessing, Diagnostics, and Life Sciences businesses.

• Adjusted EPS grew to $2.23 in Q4 2025.
• Revenue reached $6.8 billion, a 4.5% increase YoY.

ADP delivered solid top- and bottom-line growth in Q2 2026, supported by broad-based bookings momentum and record-high client satisfaction.

• Revenue reached $5.36 billion, up from $5.05 billion a year ago
• Adjusted EPS grew to $2.62, reflecting 11% growth

Starbucks posted a 6% revenue increase in Q1 FY26 to $9.9B, with adjusted EPS of $0.56. The company saw comparable sales rise globally and in key markets, while U.S. transactions grew for the first time in eight quarters.

• Global comparable store sales rose 4%, driven by transaction growth.
• U.S. comparable transactions increased for the first time in 8 quarters.

General Dynamics delivered a solid fourth quarter in 2025, achieving net earnings of $1.1 billion and diluted EPS of $4.17 on $14.4 billion in revenue. The company also reported strong full-year results with net earnings of $4.2 billion and diluted EPS of $15.45 on $52.6 billion in revenue, marking significant growth from the previous year. Cash provided by operating activities was robust, and the company ended the year with a substantial backlog of $118 billion, reflecting strong demand.

• Fourth-quarter net earnings reached $1.1 billion, with diluted EPS of $4.17, on $14.4 billion in revenue.
• Full-year net earnings increased by 11.3% to $4.2 billion, and diluted EPS rose by 13.4% to $15.45, on $52.6 billion in revenue.

WM delivered a strong Q4 driven by disciplined cost execution, improved operating margins, and strategic momentum in recycling and healthcare. Adjusted EPS rose to $1.93, while net income reached $742M.

• WM posted record Q4 adjusted operating margin of 31.3%.
• Free cash flow rose to $823M, a significant increase year-over-year.

Corning posted record Q4 2025 results with significant YoY growth in revenue and EPS. Operating margins expanded notably, and the company reported strong free cash flow. Segment performance was led by Optical Communications and Hemlock.

• Core EPS rose to $0.72 in Q4 2025, a 26% increase YoY.
• Core sales reached $4.41 billion, up 14% YoY.

CPKC delivered a record core adjusted operating ratio in Q4 2025 and saw stable revenues and EPS despite macroeconomic challenges. Net income declined slightly, but operational efficiency metrics hit all-time highs.

• Total Q4 revenue reached $3.923 billion, up 1% from Q4 2024
• Core adjusted diluted EPS rose to $1.33 from $1.29

United Rentals concluded 2025 with a record-breaking fourth quarter, achieving total revenue of $4.208 billion and net income of $653 million. The company's adjusted EBITDA reached $1.901 billion, demonstrating robust operational performance. Fleet productivity saw a modest increase, and the company maintained a healthy liquidity position, ending the year with $3.322 billion. The strong financial performance enabled the company to announce a significant capital return plan for 2026, including a new $5 billion share repurchase program and a 10% increase in its quarterly dividend.

• Total revenue for Q4 2025 reached $4.208 billion, including rental revenue of $3.581 billion, marking a record for the quarter.
• Net income for the quarter was $653 million, with a net income margin of 15.5%, while adjusted EPS stood at $11.09.

Las Vegas Sands delivered a robust performance in Q4 2025, with net revenue reaching $3.65 billion and net income at $448 million. Consolidated Adjusted Property EBITDA stood at $1.41 billion, reflecting strong operational profitability across its integrated resorts, particularly Marina Bay Sands and Macao operations. The company also repurchased $500 million of common stock, demonstrating its commitment to returning capital to shareholders.

• Net revenue increased to $3.65 billion in Q4 2025, up from $2.90 billion in the prior year quarter.
• Net income for the quarter was $448 million, compared to $392 million in Q4 2024.

FICO announced robust financial results for its first fiscal quarter ended December 31, 2025, with total revenues reaching $512.0 million, a 16% increase from the prior year. Net income rose to $158.4 million, or $6.61 per diluted share, demonstrating strong top and bottom-line growth.

• Total revenues for Q1 fiscal 2026 increased by 16% year-over-year to $512.0 million.
• Net income for the quarter was $158.4 million, or $6.61 per diluted share, up from $152.5 million and $6.14 per share in the prior year.

Celestica posted a robust Q4 2025 driven by strong demand in its Connectivity & Cloud Solutions segment, surpassing both revenue and adjusted EPS guidance.

• Revenue for Q4 2025 reached $3.65 billion, up from $2.55 billion in Q4 2024.
• GAAP EPS was $2.31 and adjusted EPS came in at $1.89, exceeding guidance.

Otis delivered a solid fourth quarter in 2025, with net sales increasing 3% to $3.8 billion, primarily driven by an 8% rise in Service net sales. Adjusted EPS grew 11% to $1.03, reflecting strong operational performance. Modernization orders saw a substantial 43% increase at constant currency, contributing to a healthy backlog for the upcoming year.

• Net sales increased 3% to $3.8 billion, with organic sales up 1% in Q4 2025.
• Service net sales grew 8% (5% organic) and Maintenance and repair sales grew 7% (4% organic).

Raymond James delivered record net revenues of $3.74 billion and net income of $562 million in Q1 FY2026, supported by asset management growth and strong loan activity.

• Net income reached $562 million, with adjusted EPS of $2.86.
• Client assets under administration hit a record $1.77 trillion.

NVR experienced a soft Q4, with decreased revenues and net income. Lower gross margins and higher lot costs contributed to the decline, despite slight growth in new orders.

• Net income for Q4 was $363.8 million, down from $457.4 million a year earlier
• Consolidated revenue declined to $2.71 billion in Q4

CGI delivered a strong Q1 2026 with revenue reaching CA$4.08B and net income of CA$442M. Cash from operations hit a record CA$872M, and bookings exceeded revenue with a book-to-bill ratio above 100%.

• Revenue rose to CA$4.08B in Q1 2026, a 7.7% increase year-over-year.
• Net income totaled CA$442M, with adjusted net income reaching CA$461M.

United Microelectronics Corporation posted Q4 2025 revenue of $1.968 billion and net income of $320 million. EPS came in at $0.13 as the company saw growth in its 22/28nm business segment and maintained solid margins.

• Revenue reached $1.968 billion, up from Q3 2025.
• Net income totaled $320 million with EPS of $0.13.

C.H. Robinson faced a challenging freight market in Q4 2025 but managed to outperform the broader industry with improved adjusted operating margin and market share gains in NAST truckload services.

• Revenue fell 6.5% YoY to $3.91 billion due to weak freight demand and pricing pressure.
• Net income declined 8.7% to $136.3 million, while adjusted EPS rose slightly to $1.23.

Lennox experienced a challenging fourth quarter in 2025, with total revenue down 11% to $1.2 billion and GAAP diluted EPS falling 22% to $4.07. The Home Comfort Solutions segment saw a significant revenue decline of 21% due to channel destocking and soft new construction sales, while the Building Climate Solutions segment showed resilience with 8% revenue growth, driven by parts acquisition and services demand.

• Fourth quarter revenue decreased 11% to $1.2 billion, primarily due to unfavorable sales volumes.
• GAAP diluted EPS for Q4 2025 was $4.07, a 22% decrease from the prior-year quarter.

Southwest Airlines posted a profitable Q4 2025, driven by strong revenue of $7.4 billion and operational improvements. Net income reached $323 million with a GAAP EPS of $0.61. The company also continued its transformation initiatives, including seating and fare restructuring, and is forecasting a strong performance for 2026.

• Generated $7.4 billion in record quarterly revenue.
• Achieved $323 million in net income with $0.61 EPS ($0.58 adjusted).

Annaly Capital delivered strong performance in Q4 2025, reporting $1.40 in GAAP EPS and $0.74 in earnings available for distribution. Net interest margins expanded, and economic return reached 8.6% as the firm grew its Agency MBS portfolio while maintaining disciplined leverage.

• GAAP net income available to common stockholders was $971 million in Q4.
• Earnings available for distribution reached $510.8 million.

Textron posted strong Q4 results with revenue rising to $4.18 billion and EPS reaching $1.33. Adjusted EPS was $1.73. Textron Aviation and Bell contributed significantly to this performance, supported by increased aircraft deliveries and military revenues.

• EPS grew to $1.33, with adjusted EPS at $1.73.
• Revenue increased to $4.18 billion in Q4 2025.

Houlihan Lokey delivered a solid third quarter, with revenue rising to $717 million and net income reaching $117 million. All major business segments posted year-over-year growth, supported by stronger market conditions and deal activity.

• Revenue rose to $717 million in Q3 FY26, up from $634 million in Q3 FY25.
• Net income increased to $117 million, reflecting stronger performance across all business segments.

Stifel posted record quarterly net revenues in Q4 2025, driven by a significant boost in investment banking and asset management. Adjusted EPS reached $2.63 and net income totaled $255 million. The board also approved a dividend increase and a stock split.

• Quarterly net revenues hit a record $1.56 billion.
• Adjusted EPS rose to $2.63, from $2.23 in Q4 2024.

SEI Investments Company announced an exceptional fourth quarter for 2025, capping one of its strongest years. Diluted EPS increased by 16% to $1.38, while revenue grew by 9% to $607.9 million and operating income rose by 11% to $161.6 million. The operating margin expanded to 27%, reflecting solid revenue growth, margin expansion, and outstanding sales activity across all business segments.

• Diluted EPS increased by 16% to $1.38 in Q4 2025 compared to Q4 2024.
• Revenue grew by 9% to $607.9 million in Q4 2025, up from $557.19 million in Q4 2024.

Tetra Tech delivered a strong first quarter in fiscal year 2026, with total revenue reaching $1.21 billion and net revenue of $1.04 billion. The company reported an operating income of $141 million and adjusted EBITDA of $147 million, with adjusted EBITDA margin up 140 basis points year-over-year. EPS was $0.40 and adjusted EPS was $0.35. The company also announced two strategic acquisitions and raised its full-year fiscal 2026 guidance for net revenue and adjusted EPS.

• Revenue reached $1.21 billion, with net revenue at $1.04 billion, reflecting an 8% increase excluding USAID/DOS and Q1-25 Hurricanes.
• Operating income was $141 million and adjusted EBITDA was $147 million, with the adjusted EBITDA margin improving by 140 basis points year-over-year.

New Oriental posted strong quarterly results, with revenue up to $1.19 billion and net income increasing by over 40% year-over-year. Operational efficiency improvements drove a significant rise in margins, supported by growth in new education initiatives.

• Revenue reached $1.19 billion, up from $1.04 billion a year earlier
• Net income rose to $45.5 million, marking a 42.3% increase

AXIS Capital concluded an outstanding year with a strong fourth quarter, reporting net income of $282 million and operating income of $250 million. The company achieved a combined ratio of 90.4% and saw significant growth in gross premiums written, particularly in its insurance segment, reflecting successful execution of its specialty strategy.

• Net income available to common shareholders for Q4 2025 was $282 million, or $3.67 per diluted common share.
• Operating income for Q4 2025 was $250 million, or $3.25 per diluted common share.

National Fuel Gas Company delivered a solid start to fiscal 2026, with substantial increases in net income and adjusted EPS. The Integrated Upstream and Gathering segment led the gains, supported by strong Utica well performance and favorable gas price realizations. Utility segment results also improved modestly, and the company reaffirmed its full-year guidance.

• GAAP EPS rose to $1.98 from $0.49 last year, with adjusted EPS at $2.06
• Net income increased to $181.6M, driven primarily by upstream and gathering operations

Prosperity Bancshares delivered solid Q4 2025 results with net income growth, an expanded net interest margin, and strong deposit inflows, while maintaining disciplined expense control and sound asset quality.

• Net income reached $139.9 million in Q4 2025.
• Net interest margin expanded to 3.30% for the quarter.

Littelfuse concluded 2025 with strong momentum, delivering fourth-quarter results above guidance and completing the acquisition of Basler Electric. The company achieved solid full-year revenue growth and margin expansion, positioning itself for accelerated growth and operational enhancements in 2026.

• Fourth-quarter net sales increased by 12.2% year-over-year to $593.9 million.
• GAAP diluted EPS was a loss of $9.72, while adjusted diluted EPS was $2.69.

VF Corp outperformed its guidance in Q3 FY26 with higher revenue and operating income, margin expansion, and a return to growth in its direct-to-consumer channel.

• Revenue reached $2.88 billion, up 1% YoY on a reported basis
• Adjusted EPS was $0.58, down slightly from $0.61 YoY

Badger Meter posted solid Q4 results with growth in revenue, operating earnings, and net income, supported by strong demand for smart water solutions and effective cost management.

• Revenue reached $220.7 million, up from $205.2 million last year
• Operating income rose to $43 million, reflecting a 19.5% margin

Hexcel delivered strong Q4 2025 results with improved revenue, net income, and EPS, reflecting a recovery in commercial aerospace and better operational execution.

• Revenue rose to $491.3 million, driven by growth in commercial aerospace sales.
• GAAP EPS surged to $0.60 from $0.07 in Q4 2024, with adjusted EPS flat at $0.52.

Meritage Homes Corporation announced its fourth quarter and full year results for the periods ended December 31, 2025. The company reported a home closing gross margin of 16.5% and adjusted gross margin of 19.3% excluding non-recurring charges. Net earnings for the quarter decreased by 51% to $84.0 million, with diluted EPS at $1.20.

• Home closing revenue decreased by 12% year-over-year to $1.4 billion in Q4 2025.
• Net earnings for Q4 2025 were $84.0 million, a 51% decrease from $172.6 million in Q4 2024.

Brinker International posted higher revenues and profits for Q2 2026, driven by Chili’s strong comparable sales growth and improved restaurant-level margins, despite a decline at Maggiano’s.

• Chili's comparable restaurant sales rose 8.6% due to pricing, traffic gains, and menu innovation.
• Maggiano's saw a 2.4% decline in comparable restaurant sales, driven by lower traffic.

Landstar System, Inc. reported total revenue of $1,174 million for the fourth quarter of 2025, a decrease from $1,209 million in the prior year. Basic and diluted earnings per share were $0.70, down from $1.31 in the fourth quarter of 2024, significantly impacted by increased insurance and claims expenses.

• Total revenue for Q4 2025 was $1,174 million, a decrease from $1,209 million in Q4 2024.
• Basic and diluted EPS for Q4 2025 were $0.70, a significant drop from $1.31 in Q4 2024.

Despite a slight improvement in operating income year-over-year, LG Display remained in the red due to foreign exchange losses and high interest expenses.

• Revenue reached ₩7,200,850,000,000 in Q4 2025.
• Net loss amounted to ₩351,179,000,000 for the quarter.

Calix achieved record quarterly revenue and gross margin, with robust demand across its platform, cloud, and managed services. Operating income and free cash flow remained strong, despite increased investments in platform innovation and AI capabilities.

• Record Q4 revenue of $272.4 million, up 32% year-over-year
• Non-GAAP gross margin hit a record 58.0%, eighth consecutive quarter of improvement

Murphy Oil Corporation reported a net income of $11.9 million for the fourth quarter of 2025, with total revenues and other income reaching $624.557 million. The company announced successful appraisal well results in offshore Vietnam, maintained an 11-year reserve life, and increased its dividend by 8 percent for 2026.

• Net income attributable to Murphy for Q4 2025 was $11.9 million, with diluted EPS of $0.08.
• Total production for Q4 2025 was 181,431 BOEPD, exceeding the midpoint of quarterly guidance.

VIAVI Solutions Inc. announced strong fiscal second quarter results, exceeding guidance with net revenue of $369.3 million, a 36.4% increase year-over-year. Non-GAAP diluted EPS rose significantly to $0.22, up 69.2% from the previous year, driven by robust performance in the data center ecosystem and aerospace and defense sectors.

• Net revenue reached $369.3 million, marking a 36.4% increase year-over-year.
• Non-GAAP diluted EPS was $0.22, an increase of 69.2% year-over-year.

SL Green faced a challenging Q4 2025 with a significant net loss, although leasing momentum remained strong with over 750,000 sq. ft. signed in Manhattan. The company continued to invest strategically in Manhattan properties and expanded its special servicing portfolio.

• Reported a Q4 2025 net loss of $104.6 million, or $1.49 per share.
• Generated $276.5 million in revenue during the quarter.

Plexus delivered a strong Q1 2026, meeting revenue guidance and achieving the high end of adjusted EPS expectations. Growth was driven by Healthcare/Life Sciences and Aerospace/Defense sectors. However, free cash flow was negative due to working capital investments for new program ramps.

• Revenue reached $1.07 billion, up 10% YoY.
• Adjusted EPS was $1.78, at the high end of guidance.

Avnet, Inc. announced robust financial results for its second quarter ended December 27, 2025, with sales reaching $6.3 billion and diluted EPS of $0.75. The company surpassed its sales and adjusted EPS guidance ranges, demonstrating significant growth across all Electronic Components regions and Farnell, with Asia leading the regional growth. Operating income margin improved sequentially, and the company generated $208 million in cash flow from operations.

• Achieved year-over-year and quarter-over-quarter sales growth across all regions, led by Asia.
• Exceeded high end of sales and adjusted EPS guidance ranges.

Whirlpool Corporation reported a challenging but strategically managed 2025, with fourth-quarter net sales of $4.098 billion and net earnings of $108 million. The company focused on structural cost take-outs and new product innovation, setting a positive outlook for 2026 with anticipated EPS of approximately $6.25 to $7.00.

• Record level of new product launches in North America, contributing to second-half share gains.
• Proactive management of a volatile macro environment in 2025, achieving $200 million in structural cost take-out.

Adtalem Global Education delivered a robust second quarter for fiscal year 2026, marked by a 12.4% year-over-year increase in revenue to $503.4 million and a 34.3% rise in adjusted diluted earnings per share to $2.43. The company achieved its tenth consecutive quarter of total enrollment growth, reaching 97,010 students, up 6.3% year-over-year, driven by strong performance in Walden University and Chamberlain University. This strong performance led to an increase in the fiscal year 2026 adjusted EPS guidance.

• Total student enrollment increased by 6.3% year-over-year to 97,010, marking the tenth consecutive quarter of growth.
• Revenue for the quarter reached $503.4 million, representing a 12.4% increase compared to the prior year.

First Interstate BancSystem delivered a robust performance in Q4 2025, marked by higher profitability driven by a $62.7 million gain from divestitures and expanding margins. The company saw improvements in credit quality and efficiency ratios despite a year-over-year decline in loan balances.

• Net income reached $108.8 million, significantly up from $52.1 million a year earlier.
• EPS doubled to $1.08 per diluted share from $0.50 in Q4 2024.

M/I Homes posted Q4 2025 results showing a drop in revenue and net income due to substantial inventory and warranty charges. New contracts grew modestly, while deliveries declined. The company ended the quarter with strong liquidity and more active communities.

• Revenue decreased to $1.15 billion in Q4 2025, down from $1.21 billion a year earlier
• Net income declined to $64 million, impacted by $51 million in charges

Liberty Energy delivered steady Q4 performance with improved revenue and stable EBITDA, driven by strength in completions activity and progress in power infrastructure development.

• Q4 revenue reached $1.04 billion, up from the previous quarter and year.
• Net income for Q4 was $14 million, or $0.08 per diluted share.

Hawkins, Inc. announced record third quarter fiscal 2026 results, with revenue growing 8% to $244.1 million and gross profit increasing 5% to $50.8 million. Diluted EPS decreased by 4% to $0.69, primarily due to increased amortization and interest expenses from recent acquisitions. Adjusted EBITDA rose 3% to $34.8 million, and the company generated $35 million in operating cash flow, reducing debt and lowering its leverage ratio.

• Record third quarter revenue, gross profit, operating income, and adjusted EBITDA were achieved.
• Revenue grew 8% year-over-year, driven by 21% growth in Water Treatment and 10% in Industrial Solutions.

Beacon Financial Corporation concluded 2025 with strong fourth-quarter results, driven by the combined Beacon organization and synergies from its merger of equals. The company reported a net income of $53.4 million and operating earnings of $66.4 million, reflecting improved credit performance and increased net interest income.

• Net income for Q4 2025 was $53.4 million, or $0.64 per basic and diluted share.
• Operating earnings (Non-GAAP) for Q4 2025 were $66.4 million, or $0.79 per operating EPS.

First Financial Bancorp reported a record fourth quarter with earnings per diluted share of $0.64 and adjusted earnings per diluted share of $0.80. The company achieved record revenue of $251.3 million and record noninterest income of $77.3 million on an adjusted basis. The Westfield acquisition closed in November 2025, contributing to significant loan and deposit growth.

• Earnings per diluted share reached $0.64, with an adjusted $0.80 marking a Company record.
• Record revenue of $251.3 million and record noninterest income of $77.3 million were achieved on an adjusted basis.

Extreme Networks delivered its seventh consecutive quarter of sequential revenue growth, with revenue up 14% year-over-year. Both GAAP and non-GAAP earnings improved, and the company ended the quarter with a significantly stronger net cash position.

• Revenue reached $317,900,000, marking a 14% year-over-year increase.
• Non-GAAP EPS rose to $0.26, up from $0.21 in the same quarter last year.

LendingClub delivered a strong performance in Q4 2025, with GAAP Net Income of $41.6 million, Diluted EPS of $0.35, and a 40% increase in loan originations compared to the prior year. The company also reported a 23% increase in total net revenue and continued credit outperformance.

• Achieved $2.6 billion in origination volume, up 40% year-over-year, driven by successful product and marketing initiatives.
• Diluted EPS more than quadrupled to $0.35 compared to $0.08 in the prior year.

Century Communities experienced a challenging fourth quarter in 2025, with net income decreasing to $36.0 million from $102.7 million in the prior year. Total revenues also saw a decline to $1.2 billion from $1.3 billion. Despite the downturn, the company achieved a record book value per share of $89.21 and repurchased $20.0 million in common stock.

• Net income for Q4 2025 was $36.0 million, a significant decrease from $102.7 million in Q4 2024.
• Total revenues for Q4 2025 were $1.2 billion, down from $1.3 billion in Q4 2024.

Stellar Bancorp, Inc. announced net income of $26.1 million, or diluted earnings per share of $0.51, for the fourth quarter of 2025. The company saw an increase in net interest income to $103.4 million and a tax equivalent net interest margin of 4.06%, excluding PAA. Total assets increased to $10.81 billion, and book value per share rose to $32.78.

• Net interest income for Q4 2025 increased to $103.4 million, up from $100.6 million in Q3 2025.
• Diluted earnings per share for Q4 2025 was $0.51, contributing to a full-year EPS of $1.99.

Cimpress delivered strong Q2 FY2026 results with solid revenue growth and a significant increase in net income. The quarter benefited from higher gross margins and improved performance across business segments, notably Vista and PrintBrothers. The company continues to show financial discipline with net leverage reduction and ongoing share repurchases.

• Revenue grew to $896.7 million, up from $844.2 million in the prior year quarter.
• Net income surged to $74.3 million, a significant increase from $19.2 million a year ago.

Merchants Bancorp reported a net income of $67.8 million for the fourth quarter of 2025, an increase of 24% compared to the previous quarter. Total assets reached a new milestone of $19.4 billion, and asset quality improved significantly with a 13% decrease in criticized loans receivable. Diluted earnings per common share were $1.28.

• Net income for Q4 2025 increased by 24% sequentially to $67.8 million.
• Total assets reached a new Company milestone of $19.4 billion, up 3% compared to December 31, 2024.

CONMED Corporation reported a strong fourth quarter in 2025 with sales increasing by 7.9% year-over-year to $373.2 million and adjusted diluted net earnings per share rising to $1.43. The company highlighted steady execution and progress on operational initiatives, particularly in minimally invasive surgery, smoke evacuation, and orthopedic soft tissue repair.

• Fourth quarter 2025 sales reached $373.2 million, marking a 7.9% increase year-over-year.
• Adjusted diluted net earnings per share for Q4 2025 were $1.43, up from $1.34 in Q4 2024.

Nurix Therapeutics posted a net loss of $78.2 million in Q4 2025, with revenue holding steady at $13.6 million. Increased R&D spending contributed to the broader loss, while the company ended the quarter with strong liquidity.

• Q4 revenue was $13.6 million, slightly above the prior year’s $13.3 million.
• Net loss widened to $78.2 million due to increased R&D expenses.

Navient posted a GAAP net loss of $5 million and Core Earnings net income of $2 million in Q4 2025, supported by reduced operating expenses and stable performance in its loan segments.

• GAAP net loss of $5 million, while Core Earnings showed a net income of $2 million.
• Consumer Lending segment originated $680 million in Private Education Loans, up 87%.

Origin Bancorp, Inc. announced a strong fourth quarter for 2025, with net income significantly increasing to $29.5 million, or $0.95 diluted EPS, compared to $8.6 million in the linked quarter. The company also reported its highest ever net interest income at $86.7 million, driven by a decrease in interest expense. Full-year net income was $75.2 million, or $2.40 diluted EPS.

• Net income for Q4 2025 was $29.5 million, a 242.3% increase from the linked quarter.
• Diluted EPS for Q4 2025 was $0.95, up from $0.27 in the linked quarter.

Deluxe reported a strong fourth quarter in 2025, with revenue increasing by 2.8% and net income up by 19.8% compared to the previous year. The company also saw significant improvements in comparable adjusted diluted EPS, which rose by 14.3%.

• Fourth quarter revenue increased 2.8% from the previous year to $535.3 million.
• Net income for the fourth quarter was $15.1 million, up 19.8% from $12.6 million in the same period of 2024.

Univest Financial Corporation delivered a solid Q4 2025 performance with net income of $22.7 million and EPS of $0.79. The quarter benefited from higher net interest income and a healthy balance sheet, despite rising noninterest expenses.

• Net income rose to $22.7 million, up from $18.9 million in Q4 2024.
• EPS reached $0.79, driven by higher net interest income of $62.5 million.

Capitol Federal Financial, Inc. reported a net income of $20.3 million for the first quarter of fiscal year 2026, an increase from $18.8 million in the prior quarter. Total assets stood at $9.78 billion, with stockholders' equity at $1.04 billion. The company's strategic initiatives led to significant growth in its commercial loan portfolio and commercial deposits, contributing to a higher net interest margin and improved efficiency ratio.

• Net income increased to $20.3 million, up from $18.8 million in the prior quarter, reflecting improved financial performance.
• Net interest margin rose to 2.19% from 2.09% in the prior quarter, primarily due to growth in the higher-yielding commercial loan portfolio.

CPF's Q4 2025 performance saw a significant rise in net income and EPS, supported by improved net interest income and margin, alongside controlled expenses driving down the efficiency ratio.

• Net income rose to $22.9 million from $11.3 million a year earlier.
• EPS grew to $0.85 compared to $0.42 in Q4 2024.

Ethan Allen reported consolidated net sales of $149.9 million and a net income of $11.744 million for the second quarter of fiscal year 2026. The company maintained strong gross and adjusted operating margins despite a challenging economic environment and a U.S. government shutdown. Diluted EPS was $0.46, with adjusted diluted EPS at $0.44. The company ended the quarter with $179.3 million in total cash and investments and no outstanding debt.

• Consolidated net sales for Q2 fiscal 2026 were $149.9 million, a decrease from $157.3 million in the prior year.
• Gross margin remained strong at 60.9%, slightly up from 60.3% in the prior year, contributing to robust profitability.

Washington Trust ended Q4 2025 with net income of $16.0 million and EPS of $0.83, supported by higher net interest income, growth in wealth management, and improved credit quality.

• Net income reached $16.0 million, a significant increase from Q3.
• Diluted EPS was $0.83; adjusted EPS was also $0.83.

Shore Bancshares delivered solid Q4 2025 results with rising net income, higher net interest income, improved efficiency, and enhanced asset yields. Despite a rise in nonperforming assets, overall asset quality remained stable.

• Net income rose to $15.9 million, driven by higher net interest income and a one-time insurance gain.
• EPS increased to $0.48 from $0.43 in Q3 2025.

Alerus posted a significant Q4 2025 net loss driven by a strategic sale of securities, despite strength in core operations and fee-based income. Adjusted EPS and margins improved, and tangible book value continued to grow.

• Alerus reported a net loss of $33.1 million, or $(1.27) per share, due to a one-time $68.4 million loss on securities repositioning.
• Adjusted EPS was $0.85, and adjusted return on average tangible common equity was 21.05%.

Monro, Inc. announced its third quarter fiscal 2026 financial results, with sales decreasing by 4.0% to $293.4 million compared to the prior year. Despite the sales decline, net income increased significantly by 143.1% to $11.1 million, and diluted earnings per share rose by 133.3% to $0.35. The company also reported a 1.2% increase in comparable store sales from continuing store locations, partially offsetting the impact of store closures.

• Sales for the third quarter of fiscal 2026 decreased by 4.0% to $293.4 million, primarily due to the closure of 145 underperforming stores.
• Net income for the third quarter increased by 143.1% to $11.1 million, and diluted earnings per share rose to $0.35 from $0.15 in the prior year.

Farmers National Banc Corp. delivered stable Q4 2025 performance, with EPS of $0.39, net income of $14.6M, and a notable margin expansion. Excluding merger-related costs and losses, adjusted EPS was $0.40. Net interest income rose, and credit quality improved with a drop in non-performing loans.

• Net income for Q4 2025 was $14.6M, or $0.39 per diluted share
• Adjusted net income excluding one-time items was $15.1M, or $0.40 EPS

Waterstone Financial posted a strong Q4 2025 with net income of $7.7 million, boosted by higher net interest income and improved profitability in both community and mortgage banking segments.

• Net income rose to $7.7 million in Q4 2025, up from $5.2 million in Q4 2024.
• EPS increased to $0.44 per diluted share compared to $0.28 a year ago.

Colony Bankcorp delivered a strong Q4 with increased net interest income and stable credit quality. The integration of TC Federal significantly expanded the balance sheet, contributing to deposit and loan growth.

• Net income rose to $7.8 million, driven by higher net interest income and stable noninterest income.
• Acquisition of TC Federal boosted total assets to $3.74 billion and deposits to over $3 billion.

Northeast Community Bancorp saw an increase in net income to $10.8 million in Q4 2025, supported by reduced interest expenses and increased non-interest income. The company maintained a strong asset quality position, reporting no non-performing assets.

• Net income rose to $10.8 million from $10.2 million in the prior year quarter.
• EPS increased to $0.81 (basic), up from $0.78 in Q4 2024.

Farmers National Banc Corp. delivered strong Q4 2025 results, driven by increased net interest income, improved noninterest income, and margin expansion. Despite higher charge-offs, credit metrics remain stable and capital levels improved.

• Net income rose to $14.6 million, with adjusted net income at $15.1 million excluding merger-related costs.
• Net interest margin improved to 3.05%, driven by higher asset yields and lower funding costs.