Reports

Alphabet delivered solid Q4 results with double-digit revenue growth, higher operating income, and strong net income, supported by Search, YouTube, and improved performance at Google Cloud.

• Revenue increased strongly year over year, exceeding $113 billion in Q4.
• Net income rose significantly, reflecting improved operating leverage.

Eli Lilly delivered sharp revenue and earnings growth in Q4 2025, driven primarily by strong volume expansion of Mounjaro and Zepbound, partially offset by lower realized prices.

• Revenue grew sharply driven by volume expansion.
• Mounjaro and Zepbound were the main growth contributors.

AbbVie delivered strong Q4 2025 results with revenue growth driven by its immunology and neuroscience portfolios, solid profitability, and improved margins despite higher acquired IPR&D and milestones expense.

• Q4 revenue increased to $16.62 billion driven by strong immunology growth.
• Adjusted EPS showed solid performance despite acquisition-related expenses.

In Q4 2025, Novartis posted marginally lower net sales and a decline in net income year over year, reflecting US generic erosion and pricing pressures, partially offset by strong growth from priority brands.

• Q4 net sales declined slightly year over year, impacted by US generic erosion.
• Operating income increased modestly, supported by lower SG&A and higher grant income.

In Q4 2025, Novo Nordisk reported a decline in revenue and profitability year over year, driven by weaker US performance and pricing pressure, partially offset by continued strength in obesity care.

• Q4 revenue declined year over year, mainly due to weaker US Operations.
• Operating income fell as lower realized prices outweighed volume growth.

Uber delivered solid Q4 2025 results with double-digit revenue growth, positive net income, expanding margins, and strong free cash flow generation driven by Mobility and Delivery.

• Revenue reached a quarterly record driven by Mobility and Delivery growth.
• Uber reported positive GAAP net income for the quarter.

Qualcomm delivered record Q1 FY26 revenue and solid profitability, driven primarily by QCT growth, particularly in automotive and IoT, while handset demand faced near-term memory supply constraints.

• Record quarterly revenue reached $12.25 billion
• GAAP diluted EPS was $2.78 with Non-GAAP EPS of $3.50

Arm posted record Q3 revenue with strong growth in both royalty and licensing, while profitability improved on a non-GAAP basis as AI-related demand accelerated across data center, edge, and physical AI markets.

• Revenue reached a record level, marking the fourth consecutive quarter above $1 billion.
• Royalty revenue growth was driven by higher adoption of Armv9 and Compute Subsystems.

Boston Scientific delivered strong Q4 2025 performance with robust revenue growth led by Cardiovascular, higher profitability, and adjusted EPS expansion.

• Revenue grew strongly year over year, driven by Cardiovascular and MedSurg.
• GAAP net income and EPS increased compared to the prior-year quarter.

UBS delivered a profitable Q4 2025 with USD 12.1bn in revenue and USD 1.2bn in net income, supported by strength in Global Wealth Management and the Investment Bank while maintaining a strong capital position.

• Q4 revenue reached USD 12.15bn driven by Global Wealth Management and Investment Bank.
• Net income attributable to shareholders was USD 1.20bn.

McKesson Corporation delivered a strong third quarter for fiscal year 2026, with consolidated revenues increasing by 11% to $106.2 billion. Earnings per diluted share rose by $2.64 to $9.59, and adjusted earnings per diluted share increased by 16% to $9.34. The company also generated $1.2 billion in cash flow from operations and raised its full-year adjusted EPS guidance.

• Quarterly consolidated revenues increased by 11% to $106.2 billion.
• Earnings per diluted share rose by $2.64 to $9.59.

CME Group Inc. achieved a record-breaking fourth quarter and full year in 2025, with total revenues reaching $1.6 billion for Q4 and $6.5 billion for the full year. The company reported strong growth across key financial metrics, including a 6% increase in annual revenue and a 13% increase in annual market data revenue, driven by record average daily volume.

• CME Group reported record annual revenue of $6.5 billion, up 6% for the full year 2025.
• Fourth-quarter 2025 revenue was $1.6 billion, with operating income of $1.0 billion.

GSK delivered solid Q4 2025 results with revenue growth led by Specialty Medicines, higher operating profit, and strong cash generation.

• Specialty Medicines continued to drive revenue growth
• Operating profit increased significantly year over year

Brookfield delivered its strongest quarter since listing, with record fee-related earnings and distributable earnings supported by robust fundraising, higher fee-bearing capital, and active deployment and monetization.

• Fee-related earnings reached a quarterly record on strong fundraising.
• Distributable earnings increased meaningfully year over year.

O'Reilly Automotive delivered a strong finish to 2025, achieving record revenue and earnings for both the fourth quarter and the full fiscal year. The company saw a 5.6% comparable store sales growth in Q4, contributing to an 8% increase in total sales to $4.41 billion. Operating profit increased by 12%, and diluted earnings per share rose by 13% to $0.71, despite higher-than-expected SG&A expenses due to inflation in healthcare and casualty claim costs.

• Fourth quarter sales increased by 8% to $4.41 billion, driven by strong comparable store sales growth of 5.6%.
• Net income for the fourth quarter grew by 10% to $605 million, resulting in a 13% increase in diluted EPS to $0.71.

Johnson Controls reported solid Q1 FY2026 results with higher revenue, strong profitability, robust cash generation, and significant growth in orders and backlog, reflecting strong demand across core end markets.

• Revenue increased driven by solid organic growth across all regions
• Profitability improved with strong EBIT and margin expansion

Cencora delivered solid Q1 FY2026 performance with mid-single-digit revenue growth, higher operating income, and strong adjusted EPS, driven primarily by U.S. Healthcare Solutions and the completion of the OneOncology acquisition.

• Revenue increased 5.5% year over year to $85.9 billion.
• GAAP diluted EPS rose to $2.87, while adjusted EPS reached $4.08.

Equinor delivered solid operational performance in Q4 2025 with strong production, but earnings declined year over year due to lower commodity prices.

• Adjusted operating income reached USD 6.20 billion in Q4 2025.
• Net income for the quarter totaled USD 1.31 billion.

Aflac Incorporated delivered solid earnings in the fourth quarter of 2025, with total revenues reaching $4.9 billion and net earnings at $1.4 billion. Adjusted earnings per diluted share saw a slight increase of 0.6% to $1.57. The company also reported strong sales growth in Aflac Japan, driven by its new cancer insurance product, and an increase in net earned premiums for Aflac U.S. Capital deployment included $800 million in share repurchases, and the board declared a 5.2% increase in the first quarter dividend.

• Total revenues for Q4 2025 were $4.9 billion, a decrease from $5.4 billion in Q4 2024.
• Net earnings for Q4 2025 were $1.4 billion, or $2.64 per diluted share, down from $1.9 billion, or $3.42 per diluted share, in Q4 2024.

Phillips 66 delivered strong Q4 2025 results with robust profitability, solid refining utilization, and improved cash generation, supported by portfolio optimization and disciplined capital allocation.

• Delivered strong profitability with net income exceeding $2.9 billion in the quarter
• Refining operations ran at very high utilization with strong realized margins

Allstate reported robust Q4 2025 results driven by strong underwriting income, favorable combined ratios across Property-Liability, and solid net investment income.

• Property-Liability combined ratio improved significantly in Q4 2025.
• Auto and Homeowners segments delivered strong underwriting profitability.

MetLife reported strong Q4 2025 results with higher premiums, fees and other revenues, solid adjusted earnings growth, and healthy returns on equity.

• Premiums, fees and other revenues totaled $24.19 billion in Q4 2025.
• Net income reached $778 million during the quarter.

Yum! Brands delivered solid Q4 2025 results with revenue growth, higher operating profit, and strong performance at Taco Bell and KFC, supported by ongoing global unit expansion.

• Fourth-quarter revenue and profits increased year over year
• Taco Bell delivered strong same-store sales growth

Crown Castle delivered solid Q4 2025 results with over $1.0B in revenue and strong operating income, reflecting resilient site rental performance and improved profitability compared to the prior year.

• Returned to strong profitability in Q4 2025
• Site rental revenues remained stable year over year

Cognizant delivered a robust performance in Q4 2025, with revenue reaching $5.33 billion, a 4.9% year-over-year increase. The company also reported a GAAP diluted EPS of $1.34 and an Adjusted Diluted EPS of $1.35. Full-year results were also strong, with revenue of $21.11 billion and significant growth in operating margin and adjusted EPS.

• Fourth quarter revenue increased by 4.9% year-over-year to $5.33 billion, or 3.8% in constant currency.
• Full-year revenue grew 7.0% year-over-year to $21.11 billion, or 6.4% in constant currency.

GE HealthCare delivered revenue growth in Q4 2025 driven by Imaging and Pharmaceutical Diagnostics, while profitability declined year over year due to tariffs and unfavorable mix.

• Revenue increased year over year, supported by Imaging and PDx growth.
• Adjusted EBIT margin declined due to tariff impacts.

Old Dominion Freight Line experienced a decline in revenue and earnings per diluted share in Q4 2025, primarily due to a 10.7% decrease in LTL tons per day. Despite these challenges, the company maintained strong service performance with 99% on-time service and a 0.1% cargo claims ratio, and continued its disciplined approach to pricing and cost management.

• Total revenue for Q4 2025 decreased by 5.7% to $1.307 billion compared to the same period in the previous year.
• Diluted earnings per share for Q4 2025 were $1.09, an 11.4% decrease from $1.23 in Q4 2024.

Fox delivered Q2 FY2026 revenue growth driven by higher distribution and advertising revenues, while profitability remained solid despite higher sports and digital-related expenses.

• Total revenues increased to $5.18 billion year over year.
• Advertising revenue grew driven by sports, news pricing and digital growth.

Markel Group Inc. announced strong financial results for Q4 2025, with operating revenues increasing by 8% to $4.01 billion and adjusted operating income rising by 19% to $625.89 million. The Markel Insurance segment saw a 31% increase in adjusted operating income, driven by improved underwriting profitability and higher net investment income, with its combined ratio improving to 92.9%.

• Operating revenues for Q4 2025 increased by 8% to $4.01 billion compared to the same period in the previous year.
• Adjusted operating income for Q4 2025 grew by 19% to $625.89 million, with all reportable segments contributing positively.

CyberArk posted record Q4 2025 revenue and ARR growth, with strong subscription momentum and improved non-GAAP profitability, despite a GAAP net loss.

• Record Q4 revenue driven by strong subscription growth
• ARR and subscription ARR reached new highs exiting the year

Equifax delivered robust financial results in the fourth quarter of 2025, with revenue reaching $1.551 billion, a 9% increase year-over-year. This growth was primarily driven by strong performances in U.S. Mortgage revenue, Workforce Solutions Government revenue, and new product innovation, achieving a Vitality Index of 17%. The company also returned $561 million to shareholders through share repurchases and dividends.

• Fourth quarter 2025 revenue increased by 9% to $1.551 billion, exceeding guidance by $30 million.
• U.S. Mortgage revenue showed strong growth of 20%, contributing significantly to overall performance.

Coherent Corp. announced strong financial results for its second quarter of fiscal year 2026, with revenues reaching $1.69 billion, a 17% increase year-over-year. The company reported GAAP diluted EPS of $0.76, up 71% year-over-year, and non-GAAP diluted EPS of $1.29, up 35% year-over-year. This growth was primarily fueled by robust demand in the datacenter and communications segment.

• Q2 revenue reached $1.69 billion, marking a 17% year-over-year increase, and 22% year-over-year on a pro forma basis adjusted for the sale of the aerospace & defense business.
• GAAP gross margin improved to 36.9%, an increase of 145 basis points year-over-year, while non-GAAP gross margin rose to 39.0%, up 77 basis points year-over-year.

Flex announced robust third quarter fiscal 2026 results, with net sales of $7.1 billion, an 8% increase year-over-year, surpassing guidance. The company achieved record GAAP operating margin of 5.5% and adjusted operating margin of 6.5%, marking its fifth consecutive quarter above 6%. Diluted GAAP EPS was $0.64, and record adjusted EPS reached $0.87.

• Net sales reached $7.1 billion, an 8% increase from the prior year, exceeding company guidance.
• Achieved a record GAAP operating margin of 5.5% and a record adjusted operating margin of 6.5%.

T. Rowe Price delivered modest revenue growth in Q4 2025, supported by higher investment advisory fees and capital allocation-based income, while maintaining solid operating income and earnings.

• Net revenues increased quarter over quarter driven by advisory fees.
• GAAP and non-GAAP earnings remained solid despite equity net outflows.

PTC delivered strong financial results in Q1'26, with constant currency ARR growth of 8.4% and operating and free cash flow growth of 13%. The company also executed on its share repurchase authorization, repurchasing $200 million in Q1'26.

• Constant currency ARR grew by 8.4%, or 9.0% excluding Kepware and ThingWorx.
• Operating and free cash flow both increased by 13% year-over-year.

Corpay concluded 2025 with a strong fourth quarter, exceeding expectations in revenue, organic revenue, and adjusted net income per share. The company also made significant corporate development moves, including its second-largest acquisition and two strategic investments, setting a positive outlook for 2026 with an increased focus on corporate payments.

• Fourth quarter revenue increased 21% to $1,248.2 million, driven by strong performance across segments.
• Adjusted net income per diluted share grew 13% to $6.04 in Q4 2025, surpassing expectations.

Bunge Global SA reported a net income of $95 million for Q4 2025, a decrease from $602 million in Q4 2024. Diluted EPS for the quarter was $0.49, down from $4.36 in the prior year. Adjusted diluted EPS was $1.99, compared to $2.13 in Q4 2024. The company's full-year GAAP diluted EPS was $4.93, a decrease from $7.99 in the prior year, while full-year adjusted diluted EPS was $7.57, down from $9.19.

• Full-year GAAP diluted EPS of $4.93, down from $7.99 in the prior year.
• Q4 GAAP diluted EPS of $0.49, a significant decrease from $4.36 in the prior year.

CDW concluded a dynamic year with a strong fourth quarter, driven by increased customer spending across most segments, particularly in software, notebooks/mobile devices, and services. The company achieved growth in net sales, gross profit, and net income, while also generating strong cash flow.

• Net sales for Q4 2025 increased by 6.3% to $5,511.0 million, compared to $5,186.0 million in Q4 2024.
• Diluted EPS for Q4 2025 rose by 8.8% to $2.14, up from $1.97 in Q4 2024.

Essex delivered steady Q4 2025 performance with nearly $480 million in revenue, positive net income, and continued growth in Core FFO supported by healthy same-property fundamentals.

• Generated nearly $480 million in Q4 revenue
• Returned positive net income despite lower year-over-year comparables

Fortive reported strong Q4 performance with mid-single-digit revenue growth, higher adjusted EBITDA, and double-digit adjusted EPS growth, exceeding internal expectations.

• Revenue increased year over year driven by growth across both operating segments
• Adjusted EBITDA and margins expanded compared to the prior year

Yum China reported solid Q4 results with revenue growth, significant operating profit expansion, improved margins, and strong delivery contribution, reflecting continued recovery in consumer demand.

• Total revenues increased year over year driven by system sales growth
• Operating profit rose sharply with meaningful margin expansion

Performance Food Group Company delivered solid second-quarter fiscal 2026 results, with total case volume increasing by 3.4% and net sales growing by 5.2% to $16.4 billion. Gross profit improved by 7.6% to $2.0 billion, and net income rose by 45.5% to $61.7 million. Adjusted EBITDA increased by 6.7% to $451.2 million, demonstrating resilience despite a challenging consumer environment and deflation in key foodservice categories.

• Total case volume increased 3.4% in the second quarter of fiscal 2026.
• Net sales grew 5.2% to $16.4 billion, driven by increased cases sold and favorable mix shifts.

In Q4 2025, MAA generated over $555 million in rental revenues and remained profitable despite softer same-store pricing, supported by stable occupancy and disciplined expense management.

• Rental and other property revenues exceeded $555 million in Q4
• Earnings declined year over year amid pricing pressure

Ares Capital Corporation announced strong fourth quarter results, capping a successful year with record investment commitments, stable credit performance, and core earnings exceeding dividends. The company also declared a first quarter 2026 dividend of $0.48 per share.

• GAAP net income per share for Q4 2025 was $0.41, compared to $0.55 in Q4 2024.
• Core EPS for Q4 2025 was $0.50, slightly down from $0.55 in Q4 2024.

Snap delivered double-digit revenue growth in Q4 2025, returned to net income profitability, and generated strong free cash flow as margins improved following its strategic pivot toward profitable growth.

• Revenue grew 10% year over year, driven by advertising and other revenue growth.
• Snap returned to GAAP profitability with positive net income.

Everest returned to profitability in Q4 with solid net and operating income, supported by disciplined underwriting, lower catastrophe losses year over year, and higher net investment income.

• Returned to profitability with $446 million of net income in Q4
• Net operating income reached $549 million for the quarter

Equitable Holdings reported a net income of $215 million for the fourth quarter of 2025, with non-GAAP operating earnings of $513 million. The company saw strong organic growth in Retirement and Wealth Management, ending the year with a record $1.1 trillion in assets under management and administration.

• Organic cash generation reached $1.6 billion in 2025, with an expectation to increase to approximately $1.8 billion in 2026.
• Full year net loss was $1.4 billion, while fourth quarter net income was $215 million.

Avery Dennison delivered solid full-year results in 2025, with adjusted EPS of $9.53, reflecting the durability of its business model in a dynamic environment. The company reported fourth quarter net sales of $2.3 billion, up 4%, and adjusted EPS of $2.45, up 3%.

• FY25 Adjusted EPS was $9.53, up 1% from the prior year.
• Fourth quarter 2025 net sales increased 4% to $2.3 billion.

Omega Healthcare Investors, Inc. delivered a strong fourth quarter in 2025, with net income increasing to $172 million and Adjusted FFO per diluted share rising to $0.80. The company made substantial new investments totaling $334 million and repaid $1.27 billion in aggregate debt, contributing to reduced leverage. Full year 2025 results also showed significant growth in net income and AFFO.

• Net income for Q4 2025 increased to $172 million, or $0.55 per diluted share, from $116 million, or $0.41 per diluted share, in Q4 2024.
• Adjusted FFO for Q4 2025 was $250 million, or $0.80 per diluted share, up from $214 million, or $0.74 per diluted share, in Q4 2024.

IDEX Corporation closed out 2025 with strong performance in the fourth quarter, driven by record sales and orders, particularly in the Health & Science Technologies segment due to increasing demand for AI-related projects. Despite a challenging demand environment in other segments, the company's strategic execution delivered visible results and improved operational metrics.

• Record sales of $899 million were achieved in Q4 2025, marking a 4% increase on a reported basis and 1% organically.
• Record orders of $979 million in Q4 2025, up 20% on a reported basis and 16% organically, primarily due to strength in HST.

Evercore Inc. delivered a strong performance in Q4 2025, reporting record revenues and significant increases in operating income and net income compared to the prior year. The company also announced a quarterly dividend of $0.84 per share, reflecting its robust financial health and commitment to shareholder returns.

• Record fourth quarter and full year net revenues were $1.3 billion and $3.9 billion, respectively, on both U.S. GAAP and Adjusted bases, increasing 32% and 29% year-over-year.
• Fourth quarter operating income rose significantly by 47% (U.S. GAAP) and 55% (Adjusted) compared to 2024, with operating margins improving to 24.2% (U.S. GAAP) and 26.0% (Adjusted).

Crown Holdings, Inc. delivered a strong fourth quarter, with diluted earnings per share of $1.31 and adjusted diluted earnings per share increasing 9% to $1.74. The company achieved record adjusted EBITDA of approximately $2.1 billion for the full year, an 8% increase over 2024, and generated record adjusted free cash flow of $1.15 billion.

• Diluted earnings per share for the fourth quarter was $1.31.
• Adjusted diluted earnings per share for the fourth quarter increased 9% to $1.74.

Globe Life Inc. announced a strong fourth quarter for 2025, with net income per diluted common share rising to $3.29 from $3.01 in the year-ago quarter, and net operating income per diluted common share increasing to $3.39 from $3.14. The company also reported significant growth in life and health net sales across its divisions, alongside a share repurchase program.

• Net income per diluted common share increased to $3.29 in Q4 2025, up from $3.01 in Q4 2024.
• Net operating income per diluted common share rose to $3.39 in Q4 2025, compared to $3.14 in Q4 2024.

Stanley Black & Decker delivered solid results in Q4 2025, with net sales of $3.7 billion, a gross margin of 33.2%, and adjusted EPS of $1.41. The company also generated strong cash from operating activities of $956 million and announced a definitive agreement to divest its CAM business for $1.8 billion, aiming to reduce debt.

• Net sales for Q4 2025 were $3.7 billion, a 1% decrease versus prior year, primarily due to lower volume in North America retail.
• Gross margin improved significantly to 33.2%, up 240 basis points, driven by higher pricing, tariff mitigation, and supply chain cost reductions.

The Ensign Group achieved a record year and quarter in 2025, with significant increases in GAAP diluted earnings per share, adjusted diluted earnings per share, and net income. The company also reported strong revenue growth and improved occupancy rates across its facilities.

• GAAP diluted earnings per share for Q4 2025 increased by 18.4% to $1.61.
• Adjusted diluted earnings per share for Q4 2025 increased by 22.1% to $1.82.

The New York Times Company delivered a strong fourth quarter and full-year 2025, with significant growth in digital-only subscribers and revenues. Total revenues increased by 10.4% year-over-year, driven by robust digital subscription and advertising performance. Operating profit also saw a substantial increase of 10.2%.

• The Company added approximately 450,000 net digital-only subscribers in Q4 2025, reaching a total of 12.78 million subscribers.
• Digital-only subscription revenues increased by 13.9% year-over-year, primarily due to subscriber growth and price increases.

Align Technology concluded Q4 2025 with record total revenues of $1,047.6 million, a 5.3% increase year-over-year, and record Clear Aligner volumes of 676.9 thousand cases, up 7.7% year-over-year. The company also achieved record full-year revenues of $4.0 billion and Clear Aligner volumes of 2.6 million cases, demonstrating strong business fundamentals and operational discipline.

• Q4'25 total revenues reached a record $1,047.6 million, up 5.3% year-over-year, driven by strong performance in both Clear Aligner and Systems and Services segments.
• Clear Aligner volumes hit a record 676.9 thousand cases in Q4'25, increasing 7.7% year-over-year, with notable strength in EMEA, Latin America, and Asia Pacific regions.

Rexford Industrial experienced a net loss in the fourth quarter of 2025, primarily due to significant impairments and Co-CEO transition costs. However, the company demonstrated solid operational performance with an increase in Core FFO and positive growth in Same Property Portfolio Cash NOI. The company also maintained strong occupancy rates and liquidity.

• Net loss attributable to common stockholders was $68.7 million, or $0.30 per diluted share, in Q4 2025, compared to net income of $59.4 million, or $0.27 per diluted share, in Q4 2024.
• Company share of Core FFO increased by 5.9% to $136.2 million, or $0.59 per diluted share, in Q4 2025.

U-Haul Holding Company experienced a challenging third quarter of fiscal 2026, with net earnings available to common shareholders plummeting to ($37.0) million, a substantial decrease from $67.2 million in the prior year. This decline was largely attributed to increased fleet depreciation and poor resale results, as well as higher liability costs. Despite these headwinds, self-storage revenues saw a healthy increase of 7.9%, and self-moving equipment rental revenues also grew by 0.9%. The company's chairman anticipates a bottoming out of these issues this calendar year and plans to improve market penetration in U-Move.

• Net earnings available to common shareholders decreased significantly to ($37.0) million from $67.2 million in the prior year's third quarter.
• Moving and Storage earnings from operations fell by $120.2 million to $7.1 million, primarily due to increased fleet depreciation and disposal losses ($74.6 million) and higher liability costs ($37.9 million).

EastGroup Properties reported a strong fourth quarter and full year 2025, with diluted EPS increasing to $1.27 for the quarter and $4.87 for the full year. FFO per diluted share also saw an increase, reaching $2.34 for the quarter and $8.95 for the full year, excluding gains on involuntary conversion and business interruption claims. The company's operating portfolio maintained high occupancy and lease rates, with significant increases in rental rates on new and renewal leases.

• Net Income Attributable to Common Stockholders increased to $1.27 per diluted share for Q4 2025, up from $1.16 in Q4 2024.
• Funds from Operations (FFO), excluding certain gains, rose by 8.8% to $2.34 per diluted share for Q4 2025.

QIAGEN delivered Q4 2025 results above its outlook with modest sales growth and stronger adjusted earnings, supported by growth pillars and operating discipline.

• Q4 net sales reached $540 million, exceeding outlook
• Adjusted diluted EPS of $0.62 surpassed expectations

Regal Rexnord delivered solid Q4 performance with higher sales, strong order growth, improved profitability, and disciplined cost management, highlighted by significant data center wins.

• Sales increased to $1.52 billion with positive organic growth
• Daily orders surged sharply driven by data center demand

Bio-Techne announced its second quarter fiscal year 2026 results, with revenue remaining flat at $295.9 million compared to the prior year. The company saw an increase in GAAP EPS to $0.24 and adjusted EPS to $0.46, driven by productivity initiatives and strong commercial execution in the China/APAC region.

• Second quarter revenue was $295.9 million, showing flat reported and organic growth year-over-year.
• GAAP earnings per share increased to $0.24, up from $0.22 in the prior year, while adjusted EPS rose to $0.46 from $0.42.

SiTime Corporation reported strong financial results for Q4 2025, with significant year-over-year revenue growth driven by its Communications, Enterprise and Datacenter (CED) business. The company exceeded its gross margin forecast and achieved positive GAAP net income for the quarter.

• Net revenue for Q4 2025 increased by 66% year-over-year to $113.3 million.
• GAAP gross profit for Q4 2025 was $63.9 million, representing a 56.4% gross margin.

Modine delivered an outstanding third quarter for fiscal 2026, with net sales increasing 31% to $805.0 million, primarily driven by a 51% growth in the Climate Solutions segment, which saw a 78% increase in data center sales. Despite a non-cash pension termination charge of $116.1 million leading to a net loss, adjusted EBITDA rose by 37% to $119.6 million. The company raised its full-year outlook for both revenue and adjusted EBITDA, reflecting strong demand and successful capacity expansion for data center products.

• Net sales increased 31% to $805.0 million, driven by strong demand in the Climate Solutions segment.
• Climate Solutions segment sales grew 51%, with data center sales surging 78% from the prior year.

UGI delivered higher reportable segment EBIT in Q1 fiscal 2026 supported by strong performance in Utilities and Global LPG, partially offset by lower results in Midstream & Marketing.

• Total reportable segment EBIT increased to $441 million
• Utilities segment benefited from higher gas demand and base rate impacts

Symbotic Inc. announced strong financial results for its first quarter of fiscal year 2026, reporting a 29% year-over-year revenue increase to $630 million and a significant rise in Adjusted EBITDA to $67 million, compared to $18 million in the prior year. The company also achieved a net income of $13 million, a turnaround from a net loss of $17 million in the first quarter of fiscal year 2025.

• Revenue for Q1 FY26 reached $630 million, marking a 29% increase year-over-year.
• Net income for the quarter was $13 million, a substantial improvement from a net loss of $17 million in Q1 FY25.

First Industrial delivered solid fourth-quarter performance with higher EPS, revenue growth, and strong cash rental rate increases, supported by stable occupancy and continued demand across its logistics portfolio.

• Fourth-quarter EPS increased year over year, reflecting improved profitability
• Revenue rose driven by higher rental rates and leasing activity

FirstService delivered fourth quarter 2025 revenues of $1.38 billion with operating earnings of $85.9 million. Adjusted EPS increased year over year, reflecting disciplined cost management despite softer conditions in certain service lines.

• Fourth quarter revenue increased to $1.38 billion
• Adjusted EPS improved to $1.37 year over year

Murphy USA delivered strong fourth quarter results, with net income of $141.9 million, slightly down from the prior year but benefiting from increased retail fuel margins, higher fuel volumes, and improved merchandise sales. The company exceeded its new store target for the year and demonstrated resilience despite a challenging first half of 2025.

• Net income for Q4 2025 was $141.9 million, a slight decrease from $142.5 million in Q4 2024.
• Total fuel contribution increased by 8.9% to $423.6 million in Q4 2025, driven by higher margins and volumes.

For Q4 2025, Terreno Realty generated total revenues of 137481000 and net income available to common stockholders of 157490000, with diluted EPS of 1.52. FFO per diluted share was 0.83 for the quarter.

• Total revenues increased to 137481000 from 103709000 year-over-year.
• Net income available to common stockholders rose to 157490000 from 75778000.

Lear Corporation delivered a strong fourth quarter in 2025 with a 5% increase in revenue to $6.0 billion and a significant rise in adjusted net income to $179 million. The company also achieved positive operating performance in both Seating and E-Systems segments and secured major new business awards, positioning it for sustained future growth despite lower volumes in key markets.

• Fourth quarter revenue increased by 5% to $6.0 billion compared to the same period in 2024.
• Adjusted net income for the fourth quarter rose to $179 million from $161 million in the prior year.

Boot Barn Holdings, Inc. delivered strong third-quarter results for fiscal year 2026, with net sales increasing 16.0% to $705.6 million and diluted EPS rising to $2.79. The company's performance was driven by broad-based demand across all merchandise categories and channels, supported by the opening of 25 new stores.

• Net sales increased by 16.0% to $705.6 million, demonstrating strong growth over the prior-year period.
• Diluted earnings per share (EPS) rose to $2.79, up from $2.43 in the prior-year period, reflecting improved profitability.

NOV reported a fourth-quarter net loss driven by impairment charges, while revenues were stable sequentially and cash flow from operations and free cash flow remained strong.

• Fourth-quarter revenue reached $2.28 billion with mixed segment performance
• Net loss was primarily driven by goodwill and long-lived asset impairments

Timken concluded the year with strong fourth-quarter results, driven by higher organic sales and cash flow. The company achieved a 3.5% increase in sales to $1.11 billion, with diluted EPS of $0.89 and adjusted EPS of $1.14. Full-year sales were $4.6 billion, up 0.2% from 2024, and the company generated strong cash from operations of $554.3 million.

• Fourth-quarter sales increased by 3.5% to $1.11 billion, primarily due to higher pricing, favorable foreign currency translation, and increased volumes in the Industrial Motion segment.
• Diluted EPS for the fourth quarter was $0.89, while adjusted EPS stood at $1.14, reflecting a slight decrease compared to the prior year's adjusted EPS of $1.16.

Reynolds Consumer Products Inc. delivered strong fourth-quarter results, with net revenues increasing to $1,034 million and adjusted EBITDA rising to $220 million. The company saw strong branded share gains and realized benefits from strategic initiatives, positioning it well for 2026 despite a challenging macro environment.

• Net Revenues increased to $1,034 million in Q4 2025, up from $1,021 million in Q4 2024.
• Adjusted EBITDA grew to $220 million in Q4 2025, compared to $213 million in Q4 2024.

Black Hills Corp. delivered a solid performance in the fourth quarter of 2025, with GAAP EPS of $1.39 and adjusted EPS of $1.41. The company achieved the midpoint of its earnings guidance range for the full year and initiated 2026 adjusted EPS guidance reflecting 6% year-over-year growth. Strategic investments in electric transmission and gas infrastructure, along with favorable rate reviews, contributed to the positive results.

• Delivered 2025 GAAP EPS of $3.98 and adjusted EPS of $4.10, at the midpoint of the earnings guidance range.
• Initiated 2026 adjusted EPS guidance in the range of $4.25 to $4.45, reflecting 6% growth over 2025.

WEX reported solid fourth-quarter results with revenue growth, higher net income, and strong performance across Benefits and Corporate Payments, while Mobility metrics were mixed.

• Q4 revenue increased driven by Benefits and Corporate Payments segments
• Net income and adjusted EPS rose significantly year over year

EnerSys delivered strong third-quarter earnings with adjusted diluted EPS ex 45X up 50% to $1.84. Net sales increased by 1.4% to $919.1 million, driven by pricing and favorable FX, partially offset by lower organic volumes. The company maintained its net leverage ratio below the low end of its target range and returned $94 million to shareholders through buybacks and dividends.

• Net sales increased by 1.4% to $919.1 million, aligning with the lower end of guidance.
• Adjusted diluted EPS ex IRC 45X grew by 50% to $1.84, reflecting strong earnings.

Moelis & Company achieved record fourth quarter revenues of $487.9 million, an 11% increase from the prior year period. Diluted GAAP EPS for the quarter was $1.10, while Adjusted diluted EPS was $1.13. The company also declared a regular quarterly dividend of $0.65 per share and approved a new $300 million share repurchase authorization.

• Record fourth quarter revenues reached $487.9 million, marking an 11% increase compared to the previous year.
• Full year 2025 GAAP revenues were $1,516.8 million, with Adjusted revenues at $1,535.9 million, up 28% from the prior year.

e.l.f. Beauty delivered strong third quarter fiscal 2026 results with a 38% increase in net sales to $489.5 million, driven by growth across all channels and geographies. The company also achieved a 79% year-over-year increase in Adjusted EBITDA and raised its fiscal 2026 outlook, reflecting continued market share gains and robust brand performance.

• Net sales increased by 38% to $489.5 million for the three months ended December 31, 2025, compared to the same period in the prior year.
• Adjusted EBITDA grew by 79% year-over-year to $123.0 million, representing 25% of net sales.

Silicon Labs delivered solid Q4 2025 results with strong year-over-year revenue growth, margin expansion, and improved non-GAAP profitability, despite a small GAAP operating loss.

• Revenue increased 25% year over year in Q4
• Industrial & Commercial segment showed strong growth

Victory Capital Holdings, Inc. announced record fourth-quarter results for 2025, with total client assets reaching $316.6 billion. The company achieved record quarterly and annual levels of gross flows, revenue, and earnings, demonstrating strong positive momentum. Investment performance remained excellent, with a significant portion of AUM outperforming benchmarks.

• Total Client Assets reached $316.6 billion, reflecting a $3.2 billion increase from the previous quarter due to positive market action.
• The company reported record long-term gross flows of $17.1 billion for the quarter, contributing to overall growth.

Silgan Holdings Inc. announced its fourth quarter and full year 2025 results, reporting net sales of $1.47 billion for Q4 2025, a 4% increase from the prior year, and net income of $18.2 million. Full year net sales reached $6.5 billion, an 11% increase, with adjusted net income per diluted share of $3.72. The company highlighted record performance in Dispensing and Specialty Closures and Custom Containers, strong growth in metal containers for pet food, and exceeded free cash flow estimates.

• Net sales for Q4 2025 increased by $57.4 million, or 4%, to $1.47 billion, primarily due to higher raw material cost pass-through and favorable foreign currency translation.
• Net income for Q4 2025 was $18.2 million, or $0.17 per diluted share, compared to $45.1 million, or $0.42 per diluted share, in Q4 2024.

FormFactor delivered strong fourth-quarter results with double-digit year-over-year revenue growth, improved gross margins, and higher profitability driven by demand in advanced packaging and high-performance computing.

• Q4 revenue increased year over year and exceeded the high end of guidance
• Gross margin expanded significantly compared to both prior quarter and prior year

Valvoline Inc. delivered a strong first quarter for fiscal year 2026, with 11% top-line growth and 5.8% system-wide same store sales growth. The company added 200 net stores, including 162 from the Breeze acquisition, which is performing in line with expectations. Adjusted EBITDA increased by 14% and adjusted EPS grew by 16%.

• Sales grew by 11% to $462 million, or 15% when considering the impact of Refranchising.
• System-wide store sales increased by 13% to $924 million, with system-wide same store sales (SSS) growing by 5.8%.

Mueller Water Products delivered Q1 2026 net sales growth of 4.6% to $318.2 million, with strong operating leverage driving higher operating income, adjusted EBITDA, and margin expansion across the business.

• Net sales increased 4.6% year over year to $318.2 million
• Operating income rose 19.6% to $56.7 million

Fluence Energy, Inc. reported a significant increase in revenue for the first quarter of fiscal year 2026, reaching $475.2 million, up 154.4% from the previous year. Despite this growth, the company posted a net loss of $62.6 million and an Adjusted EBITDA of $(52.1) million. Order intake was strong at over $750 million, bringing the backlog to a record $5.5 billion.

• Revenue surged by 154.4% year-over-year to $475.2 million.
• Net loss for the quarter was $62.6 million, an increase from $57.0 million in the prior year.

Tenable Holdings, Inc. announced robust financial results for Q4 and the full year 2025, surpassing all guided metrics. The company reported a 11% year-over-year increase in revenue to $260.5 million for Q4 and $999.4 million for the full year. Non-GAAP diluted EPS for Q4 was $0.48, significantly up from $0.41 in Q4 2024.

• Fourth quarter revenue increased by 11% year-over-year to $260.5 million, exceeding expectations.
• Full year revenue reached $999.4 million, also an 11% increase year-over-year.

TTM Technologies delivered a robust performance in the fourth quarter of 2025, with net sales increasing by 19% year-over-year to $774.3 million. The company achieved a record non-GAAP net income of $74.8 million, or $0.70 per diluted share, driven by strong demand in Data Center Computing and Networking, particularly from generative AI, and healthy growth in Aerospace and Defense, and Medical, Industrial, and Instrumentation end markets.

• Net sales for Q4 2025 reached $774.3 million, marking a 19% increase compared to Q4 2024.
• Non-GAAP net income hit an all-time quarterly record high of $74.8 million, or $0.70 per diluted share.

Kemper Corporation reported a net loss of $8.0 million, or $(0.13) per share, for the fourth quarter of 2025, a significant decrease compared to net income of $97.4 million, or $1.51 per diluted share, in the fourth quarter of 2024. Adjusted Consolidated Net Operating Income also declined to $14.6 million from $115.1 million in the prior year. The decline was primarily attributed to pressured Specialty P&C operating results due to bodily injury severity, a Florida Statutory Profit Limit Refund, and lower volumes from Non-Core Operations.

• Net loss of $8.0 million, or $(0.13) per share, for Q4 2025, down from net income of $97.4 million, or $1.51 per diluted share, in Q4 2024.
• Adjusted Consolidated Net Operating Income was $14.6 million, or $0.25 per share, for Q4 2025, a decrease from $115.1 million, or $1.78 per diluted share, in Q4 2024.

Patterson-UTI delivered $1.2 billion of revenue in Q4 2025, supported by steady U.S. drilling and completion activity, though results reflected a small net loss amid a seasonally softer period.

• Total Q4 revenue reached approximately $1.2 billion across diversified service lines
• Drilling Services delivered strong adjusted gross profit with stable rig activity

ePlus inc. announced strong financial results for the third quarter of fiscal year 2026, with consolidated net sales increasing by 24.6% to $614.8 million and net earnings from continuing operations more than doubling to $33.4 million. Adjusted EBITDA also saw a substantial rise of 97.4% to $53.4 million, reflecting the scalability of its operating platform and strong demand for AI-fueled solutions across various segments.

• Consolidated net sales increased 24.6% year-over-year to $614.8 million.
• Net earnings from continuing operations surged by 129.3% to $33.4 million.

DHT Holdings delivered a strong Q4 2025 with robust adjusted net revenues and EBITDA, supported by strong VLCC spot and time charter rates.

• Adjusted net revenues reached $117.85 million reflecting strong charter rates
• Adjusted EBITDA totaled $95.3 million demonstrating solid operating leverage

Stewart Information Services Corporation announced a robust fourth quarter for 2025, with total revenues reaching $790.6 million, a 19% increase from the previous year. Net income attributable to Stewart surged by 60% to $36.3 million, and diluted EPS rose to $1.25. The title segment was a primary driver of this growth, with operating revenues up 19%, while the real estate solutions segment also saw a 29% increase in revenues.

• Total revenues increased by 19% to $790.6 million in Q4 2025, up from $665.9 million in Q4 2024.
• Net income attributable to Stewart grew by 60% to $36.3 million in Q4 2025, compared to $22.7 million in Q4 2024.

Kennametal delivered double-digit sales growth in fiscal Q2 2026, with sharply higher operating income and margins driven by pricing, volume, and restructuring savings.

• Reported and organic sales both increased 10% year over year
• Operating income rose sharply with meaningful margin expansion

Vishay Intertechnology reported a strong fourth quarter for 2025, with revenues reaching $800.9 million, a 1.3% increase from the third quarter, driven by growing demand in industrial and AI-related power applications. The company achieved a gross margin of 19.6% and a book-to-bill ratio of 1.20, indicating robust order growth. GAAP EPS for the quarter was $0.01.

• Fourth quarter 2025 revenues were $800.9 million, showing a 1.3% increase from the previous quarter.
• Gross margin for Q4 2025 was 19.6%, despite a negative impact of approximately 130 basis points related to Newport.

ASGN Incorporated, soon to be renamed Everforth, reported fourth quarter 2025 revenues of $980.1 million, with net income of $25.2 million and adjusted EBITDA of $107.9 million. For the full year, revenues reached $4.0 billion and net income was $113.5 million. The company also announced the acquisition of Quinnox Inc. and plans for a brand transition to Everforth.

• Fourth quarter revenues were $980.1 million, meeting the high end of guidance estimates.
• Adjusted EBITDA for the quarter was $107.9 million, representing an 11.0 percent margin.

Azenta reported first quarter fiscal 2026 revenue of $149 million and a GAAP operating loss of $7.2 million. The company delivered positive adjusted EBITDA and free cash flow despite gross margin pressure and ongoing turnaround actions.

• Revenue reached $149 million, up slightly year over year
• GAAP operating loss totaled $7.2 million

Phibro Animal Health Corporation delivered a strong second quarter, with net sales increasing by 21% to $373.9 million and net income surging by $24.3 million to $27.5 million. Adjusted EBITDA also saw a significant rise of 41% to $68.1 million, primarily driven by the faster-than-expected uptake of the newly integrated MFA portfolio and sustained growth in nutritional specialty and vaccine offerings.

• Net sales increased by 21% to $373.9 million, driven by strong performance in Animal Health.
• Net income surged by $24.3 million to $27.5 million, reflecting favorable gross profit and improved foreign currency results.

FMC Corporation experienced a challenging fourth quarter in 2025, with revenue declining by 12% to $1.08 billion and a significant GAAP net loss of $1.72 billion, largely driven by a non-cash goodwill impairment. Despite these headwinds, the company is focusing on strategic priorities for 2026, including strengthening its balance sheet and exploring strategic options to unlock shareholder value.

• Fourth quarter 2025 revenue declined by 12% to $1.08 billion compared to the prior year.
• The company reported a GAAP net loss of $1.72 billion for Q4 2025, primarily due to a non-cash goodwill impairment.

Adient plc reported a net loss of $1 million for the three months ended December 31, 2025, a decrease from a net income of $25 million in the prior year. Revenue increased slightly to $3,644 million from $3,495 million. Adjusted EBITDA was $207 million, with an adjusted EBITDA margin of 5.7%.

• Net sales increased to $3,644 million in Q1 2026 from $3,495 million in Q1 2025.
• The company reported a net loss of $1 million for the current quarter, compared to a net income of $25 million in the same period last year.

Digi International delivered a strong first fiscal quarter for 2026, with revenue reaching a record $122 million, an 18% increase year-over-year. The company also reported a significant increase in Adjusted EBITDA to $31.56 million and a 27% rise in Adjusted Net Income to $21 million. Diluted EPS stood at $0.31, with Adjusted EPS at $0.56, reflecting solid operational performance and the positive impact of recent acquisitions.

• Record quarterly revenue of $122 million, an 18% increase from the prior year.
• Adjusted EBITDA increased by 23% to $31.56 million, representing 25.8% of total revenue.

Blue Bird reported strong fiscal Q1 2026 results with higher revenue, record adjusted EBITDA margin, and solid profitability driven by pricing actions and stable unit volumes.

• Revenue reached $333.1 million, up year over year
• Adjusted EBITDA increased to $50.1 million with a 15.0% margin

Connection (CNXN) announced its fourth quarter and full year 2025 financial results. For Q4 2025, net sales were $702.9 million, a slight decrease of 0.8% year-over-year, while gross profit increased by 4.5% to $135.6 million. Diluted EPS was $0.82, up from $0.78 in Q4 2024, and adjusted diluted EPS reached $0.91. For the full year 2025, net sales grew by 2.5% to $2.9 billion, and gross profit increased by 3.8% to $539.3 million. The company also declared a quarterly dividend of $0.20 per share and approved a $50.0 million increase to its share repurchase program.

• Net sales for Q4 2025 decreased by 0.8% year-over-year to $702.9 million, while full-year net sales increased by 2.5% to $2.9 billion.
• Gross profit for Q4 2025 rose by 4.5% to $135.6 million, with gross margin expanding by 100 basis points to 19.3%.

Allegiant Travel Company closed out 2025 with strong momentum, reporting a GAAP diluted earnings per share of $1.73 and an adjusted airline-only diluted earnings per share of $2.72 for the fourth quarter. The company achieved a 12.9 percent adjusted airline-only operating margin, exceeding initial guidance, and saw a 7.6 percent year-over-year increase in total airline-only operating revenue. Full-year adjusted diluted earnings per share reached $3.80.

• Fourth quarter 2025 GAAP diluted earnings per share was $1.73, a significant improvement from a loss in the prior year.
• Adjusted airline-only diluted earnings per share for Q4 2025 was $2.72, reflecting strong operational performance.

EZCORP achieved a strong start to fiscal 2026 with record first quarter revenue and Pawn Loans Outstanding (PLO), alongside significant organic earnings growth. The company's strategic initiatives and operating leverage contributed to over 35% growth in net income and adjusted EBITDA, driven by sustained demand for cash solutions and secondhand goods. Subsequent to the quarter, EZCORP expanded its footprint through two key acquisitions, adding 105 stores across 12 countries and strengthening its presence in the U.S. market.

• Net income surged by 43% to $44.3 million, with diluted EPS increasing by 38% to $0.55.
• Total revenues grew by 19% to $382.0 million, and gross profit increased by 20% to $223.0 million.

A10 Networks reported record Q4 2025 revenue with solid GAAP and non-GAAP profitability, supported by strong product demand and disciplined cost management.

• Quarterly revenue reached a record $80.4 million
• GAAP net income was $9.9 million with diluted EPS of $0.14

Lucky Strike Entertainment reported a 2.3% increase in total revenue to $306.9 million for the second quarter of fiscal year 2026, compared to $300.1 million in the previous year. However, the company experienced a net loss of $12.7 million, a significant shift from the prior year's net income of $28.3 million. Adjusted EBITDA also decreased to $77.5 million from $98.8 million.

• Total revenue increased by 2.3% to $306.9 million from $300.1 million in the previous year.
• The company reported a net loss of $12.7 million, contrasting with a net income of $28.3 million in the prior year.

Oaktree Specialty Lending delivered steady first fiscal quarter 2026 results with total investment income of $75.1 million and net investment income of $36.7 million, fully covering its quarterly dividend. Portfolio activity remained strong with significant new investment commitments, while net asset value declined modestly due to unrealized depreciation.

• Net investment income of $36.7 million fully covered the quarterly dividend
• Total investment income declined slightly due to lower reference rates

NETGEAR, Inc. reported flat net revenue of $182.5 million in Q4 2025 compared to the prior year. The company achieved a record high GAAP gross margin of 40.4% and non-GAAP gross margin of 41.2%, significantly up from the prior year. GAAP operating income improved to $(4.7) million from $(15.1) million, and non-GAAP operating income was $5.9 million compared to $(4.2) million in Q4 prior year. GAAP EPS was $(0.02) and non-GAAP EPS was $0.26.

• Net revenue remained flat at $182.5 million in Q4 2025 compared to the prior year.
• GAAP gross margin reached a record high of 40.4%, an increase of 780 basis points from 32.6% in Q4 prior year.

Core Laboratories Inc. reported a strong fourth quarter in 2025, with revenue reaching $138.3 million, a 7% increase year-over-year, surpassing guidance. Operating income stood at $15.8 million, and diluted EPS was $0.15. The company also reduced net debt by $1.2 million and repurchased 363,207 shares of common stock.

• Fourth quarter revenue increased by 7% year-over-year to $138.3 million, exceeding guidance.
• Operating income for the fourth quarter was $15.8 million, with ex-items operating income at $15.7 million.

Kimball Electronics delivered solid Q2 fiscal 2026 results with improved operating margins and strong growth in the medical vertical, partially offset by lower automotive and industrial demand.

• Revenue totaled $341.3 million, down 5% year over year
• Medical vertical sales increased 15% year over year

Wolfspeed reported a consolidated revenue of $168.5 million for the second quarter of fiscal 2026, with a GAAP net loss of $150.6 million. The company achieved significant operating cost reductions and capital expenditure decreases, while maintaining a strong balance sheet with $1.3 billion in cash and short-term investments.

• Received approximately $700 million in Section 48D cash tax refunds, with $175 million used to retire long-term debt.
• Achieved a cumulative reduction of operating expenses of approximately $200 million on an annualized basis and capital expenditures down 90% compared to Q2 FY 2025.

Clearfield, Inc. reported net sales from continuing operations of $34.3 million for the first quarter of fiscal 2026, a 16% increase year-over-year. Gross margin from continuing operations improved to 33.2%, up 4 percentage points. The company also introduced its NOVA™ Platform and reiterated its full-year fiscal 2026 guidance.

• Net sales from continuing operations increased by 16% year-over-year to $34.3 million.
• Gross margin from continuing operations improved by 4 percentage points to 33.2%.

Regional Management Corp. reported a strong fourth quarter 2025, with net income increasing over 30% year-over-year to $12.9 million and diluted earnings per share up 32.7% to $1.30. The company achieved record originations and 13.1% year-over-year portfolio growth, driving record revenue. The annualized operating expense ratio reached an all-time best of 12.4%.

• Net income for Q4 2025 was $12.9 million, a 30.2% increase year-over-year.
• Diluted earnings per share for Q4 2025 was $1.30, a 32.7% increase year-over-year.

Orange County Bancorp achieved record earnings in Q4 2025, with net income rising to $12.4 million, a 73.5% increase from the previous year. This growth was primarily fueled by strong net interest income, increased noninterest income, and reduced noninterest expenses. The company also saw significant increases in total loans and deposits, alongside improvements in key capital ratios.

• Net income for Q4 2025 increased by $5.3 million, or 73.5%, to $12.4 million compared to Q4 2024.
• Net interest margin for Q4 2025 grew by 66 basis points to 4.44% from 3.78% in Q4 2024.

Matrix Service Company announced its second quarter fiscal year 2026 results, reporting a revenue of $210.5 million, a 12% increase from the prior year. The company achieved a net loss per share of $(0.03) and adjusted EBITDA of $2.4 million, showing significant improvement from the previous year's losses. Total backlog stood at $1.1 billion, with project awards totaling $176.6 million for the quarter.

• Revenue increased by 12% to $210.5 million in Q2 fiscal 2026 compared to the prior year.
• Net loss per share improved significantly to $(0.03) from $(0.20) in the prior year.

Wabash posted Q4 2025 revenue in line with guidance but reported an operating loss and net loss as lower-than-expected truck body production weighed on Transportation Solutions, partially offset by continued strength in Parts & Services.

• Quarterly revenue was $321.5 million, in line with guidance
• Transportation Solutions experienced a sharp decline in volumes and profitability

Alico, Inc. announced financial results for the first quarter ended December 31, 2025, showcasing continued momentum in its strategic transformation. The company reported a net loss of $3.5 million, a substantial improvement from the $9.2 million net loss in the prior year, and achieved positive EBITDA of $2.4 million, compared to a negative $6.7 million in the same period last year. This improvement was primarily driven by $7.7 million in land sales, generating a gain of approximately $4.9 million, and a significant wind-down of its citrus operations.

• Net loss improved significantly to $3.5 million from $9.2 million in the prior year, primarily due to land sales.
• EBITDA turned positive at $2.4 million, a notable improvement from negative $6.7 million in the prior year period.

The RMR Group Inc. announced its fiscal first quarter 2026 results, which are available on their investor relations website. The company will host a conference call to discuss these results on February 5, 2026.

• The RMR Group Inc. released its fiscal first quarter 2026 financial results.
• The results for the quarter ended December 31, 2025, are available on the company's website.

Aurora Cannabis reported a 7% increase in total net revenue to $94.2 million for Q3 2026, primarily driven by a record 12% growth in global medical cannabis net revenue to $76.2 million. The company achieved an adjusted EBITDA of $18.5 million and generated $15.5 million in free cash flow, while maintaining a strong balance sheet with $154.4 million in cash and short-term investments.

• Total net revenue increased by 7% year-over-year to $94.2 million.
• Global medical cannabis net revenue reached a record $76.2 million, up 12% from the prior year.

Lantronix reported a net revenue of $29.8 million for the fiscal second quarter ended December 31, 2025, aligning with their guidance range. The company achieved a GAAP EPS of ($0.03) and a Non-GAAP EPS of $0.04. They also increased their FY26 drone revenue expectation to a range of $8 million-$12 million, up from the prior range of $5 million-$10 million, driven by strong momentum in the unmanned systems industry and advancements in their Edge AI strategy.

• Net Revenue for Q2 FY2026 was $29.8 million, within the company's guidance range.
• GAAP EPS for the quarter was ($0.03), while Non-GAAP EPS was $0.04.

Accuray Incorporated experienced a challenging second quarter of fiscal year 2026, with total net revenue decreasing by 12% to $102.2 million and a net loss of $13.8 million. The company initiated a significant transformational plan, including restructuring charges of $6.1 million, to reduce costs and align resources with strategic priorities, aiming for an annualized operating profit improvement of approximately $25 million.

• Total net revenue for Q2 fiscal 2026 was $102.2 million, a 12% decrease from the prior year's second quarter.
• The company reported a net loss of $13.8 million, or $0.11 diluted net loss per share, compared to a net income of $2.5 million in the prior year.