Reports

Applied Materials delivered solid Q1 FY2026 results with $7012000000 in revenue and $2026000000 in net income. Profitability remained strong with a 49.0% gross margin and 26.1% operating margin, supported by record DRAM revenue and services growth.

• Revenue reached $7012000000 for the quarter.
• Net income increased to $2026000000 with diluted EPS of $2.54.

Arista delivered strong Q4 2025 results with revenue of $2487800000, up 28.9% year-over-year, and GAAP net income of $955800000. Gross margin remained robust at 62.9% and non-GAAP operating margin reached 47.5%, reflecting strong operating leverage.

• Revenue increased to $2487800000 in Q4 2025.
• GAAP net income rose to $955800000 with diluted EPS of $0.75.

Anheuser-Busch reported revenue of 15555000000 in Q4 2025, up 2.5%, with normalized EBITDA of 5473000000 and underlying profit of 1884000000. Volumes declined 1.5%, while underlying EPS increased to 0.95.

• Revenue increased to 15555000000 with 4.0% revenue per hl growth.
• Normalized EBITDA rose to 5473000000 with a 35.2% margin.

Brookfield Corporation generated Q4 2025 net income of $1681000000 on a consolidated basis and $743000000 attributable to shareholders. Distributable earnings totaled $1587000000, or $0.67 per Class A share, reflecting resilient performance across asset management, wealth solutions and operating businesses.

• Net income of consolidated business reached $1681000000.
• Net income attributable to Brookfield shareholders was $743000000.

Vertex delivered Q4 2025 revenue of $3190000000, up 10% year-over-year, with GAAP net income of $1191100000 and diluted EPS of $4.65. Growth was driven by TRIKAFTA/KAFTRIO and ALYFTREK, along with contributions from CASGEVY and JOURNAVX.

• Total revenue increased 10% year-over-year to $3190000000.
• GAAP net income was $1191100000 with diluted EPS of $4.65.

Coinbase Global, Inc. delivered a strong performance in Q4 2025, with total revenue reaching $1.78 billion, a slight decrease from the previous quarter but a significant increase year-over-year. The company reported a net loss of $666.7 million, primarily due to losses on crypto assets held for investment and strategic investments. However, Adjusted EBITDA remained positive at $565.9 million, demonstrating underlying operational strength. The company also saw record highs in total trading volume and subscription services revenue, with a notable increase in Assets on Platform.

• Total revenue for Q4 2025 was $1.78 billion, a 5% decrease quarter-over-quarter but a 9% increase year-over-year.
• Net loss for Q4 2025 was $666.7 million, primarily due to unrealized losses on crypto asset investments.

Howmet Aerospace delivered an exceptional fourth quarter and a strong full year in 2025, achieving record revenue, profit, and cash from operations. The company saw significant growth across its commercial aerospace, defense aerospace, and gas turbines markets, leading to increased adjusted EBITDA and EPS.

• Record fourth quarter 2025 revenue of $2.2 billion, up 15% year over year, driven by commercial aerospace growth of 13%.
• Fourth quarter 2025 GAAP EPS of $0.92, up 19% year over year, and Adjusted EPS of $1.05, up 42% year over year.

In Q4 2025, Agnico Eagle generated $1.31 billion in free cash flow and reported net income of $1.52 billion, supported by a realized gold price of $4,163 per ounce. Production totaled 840,608 ounces, with higher royalty costs partially offset by strong margins from elevated gold prices.

• Quarterly net income reached $1.52 billion with adjusted net income of $1.35 billion.
• Free cash flow hit a record $1.31 billion in Q4 2025.

Airbnb delivered strong Q4 2025 results with revenue of $2778000000, up 12% year-over-year, and net income of $341000000. Gross Booking Value reached $20400000000 with 121900000 Nights and Seats Booked, while Free Cash Flow totaled $521000000.

• Revenue grew 12% year-over-year to $2778000000.
• Net income was $341000000 with a 12% net income margin.

AEP generated 5314000000 in revenue for Q4 2025 and reported GAAP net income of 582000000, or 1.09 per share, compared to 664000000 in the prior year. Operating earnings were 638000000, or 1.19 per share, as the company reaffirmed its 2026 operating EPS guidance and long-term growth outlook.

• Revenue increased to 5314000000 in Q4 2025.
• GAAP net income was 582000000, with EPS of 1.09.

Alnylam Pharmaceuticals reported a significant increase in total revenues for the fourth quarter of 2025, reaching $1.097 billion, an 85% increase from the previous year. The company achieved GAAP net income of $111.5 million and non-GAAP net income of $169.8 million, marking a shift to profitability. This growth was primarily fueled by strong performance in AMVUTTRA sales and overall TTR net product revenues.

• Total revenues for Q4 2025 reached $1.097 billion, an 85% increase compared to Q4 2024.
• Achieved GAAP net income of $111.5 million ($0.84 per share) and non-GAAP net income of $169.8 million ($1.28 per share) for Q4 2025.

Zoetis generated $2387000000 in revenue for Q4 2025, up 3% year over year, with net income of $603000000 and diluted EPS of $1.37. Growth was supported by International operations and continued momentum in companion animal products.

• Revenue increased 3% year over year to $2387000000.
• Net income rose to $603000000 with diluted EPS of $1.37.

In Q4 2025, Public Storage generated $1,215,792,000 in total revenues, up year-over-year, while net income allocable to common shareholders declined to $456,979,000. Same Store revenues were slightly down 0.2%, with a Same Store net operating income margin of 78.4%.

• Total revenues increased to $1,215,792,000 driven by growth in self-storage and ancillary operations.
• Net income allocable to common shareholders declined to $456,979,000 from the prior year.

Exelon delivered strong operational and financial performance in 2025, exceeding expectations with full-year adjusted operating earnings of $2.77 per share. The company is well-positioned for future growth with a $41.3 billion four-year capital plan and expects annualized earnings growth near the top end of 5% to 7% through 2029.

• Adjusted (non-GAAP) operating earnings per share for Q4 2025 were $0.59, above expectations.
• Full-year 2025 GAAP net income was $2.73 per share, and Adjusted (non-GAAP) operating earnings were $2.77 per share.

CBRE generated 11629000000 in Q4 2025 revenue, up 11.8% year over year, while GAAP net income attributable to CBRE was 416000000 and diluted EPS was 1.39. Core EPS increased to 2.73, supported by strong performance in Advisory Services and Building Operations & Experience.

• Revenue rose to 11629000000, increasing 11.8% year over year.
• GAAP net income attributable to CBRE was 416000000 with diluted EPS of 1.39.

Entergy Corporation delivered solid financial results in the fourth quarter of 2025, with earnings per share of 51 cents on both as-reported and adjusted bases. The company continued its transformational growth, securing significant electric service agreements with data centers and traditional industrial customers, reflecting a customer-first strategy that creates significant value for all stakeholders.

• Fourth quarter 2025 as-reported and adjusted EPS was $0.51.
• Full year 2025 as-reported and adjusted EPS was $3.91.

Ambev generated 24807600000 in net revenue in Q4 2025, with normalized EBITDA of 8849900000 and normalized EBITDA margin of 35.7%. Total volumes declined 3.6% to 48522900 thousand hectoliters, while normalized profit reached 4619100000 and normalized EPS was 0.28.

• Net revenue increased 4.8% to 24807600000 despite a 3.6% decline in volumes.
• Normalized EBITDA reached 8849900000 with a margin of 35.7%.

PG&E generated 7040000000 in revenue in Q4 2025, with income available for common shareholders of 642000000 and GAAP EPS of 0.29. Non-GAAP core EPS increased to 0.36, reflecting capital investment growth and O&M savings.

• Total Q4 revenue was 7040000000.
• GAAP earnings per diluted share were 0.29.

In Q4 2025, Expedia generated $3547000000 in revenue, up 11% year-over-year, with gross bookings of $27003000000. Adjusted EBITDA increased to $848000000, expanding margins to 23.9%, while GAAP net income declined to $205000000.

• Gross bookings rose to $27003000000, up 11% year-over-year.
• Revenue increased 11% to $3547000000.

Iron Mountain delivered strong Q4 2025 results with revenue of $1843167000 and net income of $93120000, supported by growth in storage rental and service revenue. Adjusted EBITDA increased to $705277000, reflecting continued operating momentum.

• Total revenue increased to $1843167000 in Q4 2025.
• Net income was $93120000 for the quarter.

Ingersoll Rand delivered robust performance in Q4 2025, with significant increases in orders, revenue, and adjusted net income. The company's Adjusted EBITDA also saw healthy growth, reflecting strong operational execution across its segments. Liquidity remains strong, and the company returned substantial value to shareholders.

• Orders increased by 8% to $1,952 million in Q4 2025, demonstrating strong demand.
• Revenues grew by 10% to $2,091 million, indicating solid top-line expansion.

In Q4 2025, Eversource generated operating revenue of 3370196000 and net income attributable to common shareholders of 421306000, compared to 72520000 in the prior year period. Operating income nearly doubled year-over-year to 710464000, reflecting stronger performance across natural gas distribution and parent operations.

• Operating revenue increased to 3370196000 from 2971488000 year-over-year.
• Net income attributable to common shareholders rose to 421306000 from 72520000.

TELUS delivered strong fourth quarter 2025 results, marked by industry-leading customer growth of 377,000, including significant mobile phone and connected device additions. The company achieved positive mobile network revenue growth and maintained stable Cash from Operations year-over-year, while exceeding its full-year Consolidated Free Cash Flow guidance. TELUS also established compelling financial targets for 2026, focusing on continued service revenue and Adjusted EBITDA growth, alongside a decrease in capital expenditures.

• Total Mobile and Fixed customer growth reached 377,000 in Q4 2025, driven by strong demand for bundled services.
• Full year basic Earnings Per Share grew by 9%, with Net income attributable to Common Shares increasing by 12%.

RBI generated 2466000000 in total revenue in Q4 2025, up from the prior year, while net income from continuing operations declined to 274000000. Adjusted EBITDA increased to 772000000, supported by strong international comparable sales and system-wide sales growth.

• Total revenues increased to 2466000000.
• Adjusted EBITDA rose to 772000000.

Check Point generated 744900000 in revenue in Q4 2025, with net income of 304500000 and GAAP EPS of 2.81. Security subscription revenue reached 325100000, while non-GAAP operating income totaled 302300000, reflecting continued profitability expansion.

• Total revenue increased to 744900000 in Q4 2025.
• Net income rose to 304500000 with GAAP EPS of 2.81.

Nebius Group delivered strong top-line growth in Q4 2025 with revenue increasing to $227700000, up significantly year-over-year. Despite improved adjusted EBITDA of $15000000, the company reported a net loss of $249600000 driven by substantial operating expenses, including higher depreciation and amortization.

• Revenue increased to $227700000 compared to $35200000 in Q4 2024.
• Adjusted EBITDA turned positive at $15000000 versus a loss of $63900000 in the prior year.

Dexcom delivered a robust performance in Q4 2025, with worldwide revenue increasing by 13% year-over-year to $1.260 billion. The company also saw a substantial rise in GAAP operating income, up 860 basis points from the prior year, and launched its Dexcom G7 15 Day CGM system in the United States.

• Worldwide revenue grew 13% year-over-year to $1.260 billion on a reported basis.
• GAAP operating income reached $323.0 million, representing 25.6% of revenue, an increase of 860 basis points compared to Q4 2024.

Toast delivered solid Q4 2025 results with revenue of $1633000000, up from $1338000000 year-over-year. Net income reached $101000000 and Adjusted EBITDA was $163000000. Gross Payment Volume rose to $51400000000 and ARR surpassed $2000000000.

• Revenue increased to $1633000000 in Q4 2025.
• Net income was $101000000 with diluted EPS of $0.16.

West Pharmaceutical Services, Inc. announced strong fourth-quarter and full-year 2025 financial results. The company's fourth-quarter net sales increased by 7.5% to $805.0 million, with organic growth of 3.3%. Diluted EPS grew by 2.2% to $1.82, while Adjusted-diluted EPS increased by 12.1% to $2.04. The Proprietary Products Segment, particularly High-Value Product Components, was a key driver of this performance.

• Fourth-quarter net sales increased by 7.5% to $805.0 million, with organic growth of 3.3%.
• Fourth-quarter Adjusted-diluted EPS rose by 12.1% to $2.04.

Twilio delivered a balanced and successful year in 2025, accelerating revenue growth, expanding operating margins, and achieving significant free cash flow. The company's vision is resonating with customers, positioning Twilio as a foundational infrastructure layer in the age of AI.

• Fourth quarter revenue increased by 14% year-over-year to $1.37 billion, with organic revenue growth of 12%.
• GAAP income from operations for the fourth quarter was $56.8 million, a substantial increase from $13.7 million in the prior year.

Pinterest delivered a strong performance in Q4 2025, with revenue growing 14% year-over-year to $1.319 billion and global monthly active users reaching an all-time high of 619 million, up 12%. The company also reported GAAP net income of $277 million and Adjusted EBITDA of $542 million for the quarter, demonstrating solid financial health and user engagement.

• Q4 2025 revenue increased by 14% year-over-year to $1.319 billion, or 13% on a constant currency basis.
• Global Monthly Active Users (MAUs) reached 619 million, marking a 12% increase year-over-year.

Rivian generated $1286000000 in revenue in Q4 2025, with $120000000 in gross profit. Automotive revenue declined year-over-year, while software and services more than doubled. The company produced 10974 vehicles and delivered 9745 vehicles during the quarter.

• Total revenue was $1286000000 in Q4 2025.
• Gross profit reached $120000000, reflecting improved cost performance.

US Foods delivered 9800000000 in net sales in Q4 2025, with net income rising sharply to 184000000 and Adjusted EBITDA increasing to 490000000, supported by volume growth and margin expansion.

• Net sales increased to 9800000000.
• Net income rose to 184000000 with margin at 1.9%.

TransUnion reported revenue of 1171400000 in Q4 2025, up 13% year-over-year, with net income attributable to TransUnion of 101200000 and Adjusted EBITDA of 416700000, reflecting continued strength in U.S. Financial Services and Emerging Verticals.

• Revenue increased 13% year-over-year to 1171400000.
• Net income attributable to TransUnion rose to 101200000.

Roku delivered excellent results in Q4 2025, with total net revenue increasing by 16% year-over-year to $1.395 billion. The company achieved positive net income of $80.477 million and expanded its Adjusted EBITDA margin, while continuing to invest in its platform for long-term growth.

• Total net revenue reached $1.395 billion, a 16% increase year-over-year.
• Platform revenue grew 18% year-over-year to $1.224 billion, with a gross margin of 52.8%.

DraftKings delivered strong Q4 2025 results with revenue of $1989193000, up 43% year-over-year, and net income of $136426000. Adjusted EBITDA reached $343202000, supported by higher Sportsbook net revenue margin and disciplined customer acquisition.

• Revenue increased 43% year-over-year to $1989193000.
• Net income was $136426000 with diluted EPS of $0.25.

Hyatt generated 1790000000 in total revenue in Q4 2025, reported a net loss of 20000000, and delivered Adjusted EBITDA of 292000000 driven by RevPAR growth and fee expansion.

• Total revenue was 1790000000 for the quarter.
• Net loss was 20000000 in Q4 2025.

Kimco Realty® announced robust fourth quarter and full year 2025 results, highlighted by a 4.8% growth in FFO per diluted share for Q4 2025 and a 6.7% increase for the full year. The company achieved an all-time high pro-rata portfolio occupancy of 96.4% and a record small shop occupancy of 92.7%, driven by strong leasing activity. Strategic acquisitions and share repurchases further underscored a disciplined capital allocation strategy.

• FFO per diluted share grew by 4.8% in Q4 2025 to $0.44, and by 6.7% for the full year 2025.
• Pro-rata portfolio occupancy reached an all-time high of 96.4%, with small shop occupancy hitting a new record of 92.7%.

Zebra generated 1475000000 in revenue in Q4 2025, up 10.6% year over year. Net income was 70000000 with diluted EPS of 1.39, while non-GAAP EPS increased to 4.33. Adjusted EBITDA rose to 326000000 with a 22.1% margin.

• Revenue increased 10.6% to 1475000000 in Q4 2025.
• Adjusted EBITDA grew 10.5% to 326000000 with margin stable at 22.1%.

In Q4 2025, Wynn Resorts generated revenue of 1865983000, up from 1838797000 year-over-year, while net income attributable to Wynn Resorts declined to 100028000 from 276972000. Adjusted Property EBITDAR decreased to 568778000, reflecting softer performance in Las Vegas and Macau compared to the prior year.

• Operating revenues increased to 1865983000 from 1838797000 year-over-year.
• Net income attributable to Wynn Resorts fell to 100028000 from 276972000.

Lincoln Electric generated 1078715000 in Q4 2025 net sales, up 5.5% year-over-year, with net income of 136022000 and operating income of 184340000, reflecting margin expansion and organic growth.

• Net sales increased 5.5% to 1078715000.
• Operating income margin was 17.1%.

Procore Technologies, Inc. reported a strong close to 2025 with fourth-quarter revenue of $349.1 million, a 16% increase year-over-year, and a GAAP net loss of $37.6 million. The company achieved its largest free cash flow quarter in its history, with an inflow of $90 million, and demonstrated consistent growth in key customer metrics.

• Fourth-quarter revenue increased by 16% year-over-year to $349.1 million, reflecting strong market demand.
• The company achieved its largest free cash flow quarter, with an inflow of $90 million, demonstrating improved operational efficiency.

In Q4 2025, XP delivered strong year-over-year growth with gross revenue up 12% and net income rising 9%, supported by robust performance in Corporate & Issuer Services and continued expansion in retail verticals.

• Gross revenue increased 12% year-over-year to R$5.279 billion.
• Adjusted net income reached a record R$1.331 billion, up 10% year-over-year.

Instacart delivered Q4 2025 revenue of $992000000, up 12% year-over-year, with net income of $81000000. GTV reached $9852000000, up 14%, and orders increased 16% to 89500000, marking the strongest quarterly GTV growth in three years.

• GTV grew 14% year-over-year to $9852000000.
• Orders increased 16% year-over-year to 89500000.

Nova generated 222624000 in revenue in Q4 2025, up 14% year-over-year, with net income of 64688000 and operating income of 60733000, reflecting strong gross and operating margins.

• Revenue increased 14% year-over-year to 222624000.
• GAAP net income reached 64688000.

For Q4 2025, Kinsale generated net income of 138620000, or 5.99 per diluted share, supported by underwriting income of 120581000 and net investment income of 52296000. Gross written premiums increased to 451123000, and the combined ratio improved to 71.7%.

• Net income increased to 138620000 from 109094000 year-over-year.
• Underwriting income rose to 120581000 with a 71.7% combined ratio.

Baxter International Inc. reported fourth-quarter 2025 sales from continuing operations of $2.97 billion, an 8% increase on a reported basis. However, the company's results did not meet expectations, with a U.S. GAAP diluted EPS loss of ($2.01) and an adjusted diluted EPS of $0.44, a 24% decrease from the prior year. This was primarily due to unfavorable product mix, non-recurring items, and a higher effective tax rate. The company is implementing a new operating model to simplify its organization and improve performance.

• Fourth-quarter sales from continuing operations reached $2.97 billion, marking an 8% increase on a reported basis and 3% operationally.
• The company reported a U.S. GAAP diluted EPS loss of ($2.01) and an adjusted diluted EPS of $0.44, which was a 24% decrease from the prior year.

For Q4 2025, Morningstar generated revenue of 569400000, up 10.5% year-over-year, with operating income of 116900000 and net income of 90500000. Growth was driven by strength in Morningstar Data and Analytics and PitchBook, while assets under management increased to 305000000000.

• Revenue increased 10.5% to 569400000.
• Operating income rose 17.9% to 116900000.

Federal Realty Investment Trust announced robust fourth quarter and full year 2025 results, with net income available for common shareholders reaching $1.48 per diluted share for the quarter and $4.68 for the full year. The company achieved record-breaking leasing volume, strong comparable rent spreads, and significant growth in Nareit FFO and Core FFO, while also making strategic acquisitions and dispositions.

• Net income available for common shareholders was $127.7 million for Q4 2025, up from $63.5 million in Q4 2024.
• Nareit FFO per diluted share increased by 6.4% to $1.84 in Q4 2025 compared to Q4 2024.

Bio-Rad Laboratories, Inc. announced its fourth-quarter and full-year 2025 financial results, reporting a 3.9% increase in total net sales to $693.2 million for Q4 2025 compared to Q4 2024. Despite this revenue growth, the company experienced a decline in GAAP gross margin to 49.8% and a significant GAAP operating loss of $118.9 million. Net income, however, saw a substantial increase to $720.0 million, largely due to a change in the fair market value of its investment in Sartorius AG.

• Fourth-quarter 2025 total net sales increased by 3.9% to $693.2 million, driven by higher sales in the Clinical Diagnostics segment.
• GAAP gross margin decreased to 49.8% in Q4 2025 from 51.2% in Q4 2024, and GAAP income from operations turned into a loss of $118.9 million.

CareTrust REIT announced exceptional operating results for Q4 and the full year 2025, with net income attributable to CareTrust REIT, Inc. reaching $111.3 million for the quarter and $320.5 million for the full year. Normalized FFO and FAD also saw significant increases, reflecting record external growth and strategic additions to its portfolio. The company closed $561.5 million in investment activity during the quarter at a blended stabilized yield of 8.8% and maintained a strong balance sheet with a net debt to annualized normalized run rate EBITDA of 0.7x.

• Net income attributable to CareTrust REIT, Inc. for Q4 2025 was $111.3 million, a 72% increase over the prior year quarter.
• Normalized FFO per diluted weighted average share for Q4 2025 was $0.47, an 18% increase over the prior year quarter.

For Q4 2025, Lincoln Financial reported net income available to common stockholders of 745000000 and diluted EPS of 3.80, with adjusted operating income available to common stockholders of 434000000. Performance was supported by growth in Annuities, Life Insurance, Group Protection and Retirement Plan Services, alongside higher account balances and strong sales momentum.

• Net income available to common stockholders was 745000000, or 3.80 per diluted share.
• Adjusted operating income available to common stockholders rose to 434000000, or 2.21 per diluted share.

For Q4 2025, AMG generated consolidated revenue of 556600000 and net income (controlling interest) of 347600000, with diluted EPS of 11.21 and Economic EPS of 9.48. Assets under management increased to 813300000000, supported by positive net client cash flows of 12100000000 during the quarter.

• Diluted EPS was 11.21 and Economic EPS was 9.48 for the quarter.
• Net income (controlling interest) rose to 347600000.

For Q4 2025, Air Lease generated total revenues of 820378000 and net income attributable to common stockholders of 169851000, with diluted EPS of 1.51. Pre-tax margin expanded to 27.6% and adjusted pre-tax margin reached 30.1%, supported by increased gains on aircraft sales.

• Total revenues increased 15.1% year-over-year to 820378000.
• Net income attributable to common stockholders rose to 169851000 from 92548000.

JFrog announced robust financial results for the fourth quarter and fiscal year 2025, driven by strong execution of its strategy to serve as the System of Record for software artifacts. The company saw a 25% year-over-year increase in Q4 revenue and a 24% increase for the full fiscal year, alongside substantial growth in cloud revenues and customers with high Annual Recurring Revenue (ARR).

• Total fiscal 2025 revenues reached $531.8 million, marking a 24% year-over-year increase.
• Fiscal 2025 cloud revenues grew by 45% year-over-year to $243.3 million.

Birkenstock generated €402000000 in revenue in Q1 FY26, up from €362000000 in the prior year, with net profit increasing to €51000000. Growth was led by B2B and strong performance across EMEA and APAC, while adjusted EBITDA reached €106000000 with a 26.5% margin despite FX and tariff headwinds.

• Revenue increased to €402000000, reflecting double-digit growth year over year.
• Net profit rose significantly to €51000000, more than doubling versus Q1 FY25.

Dutch Bros Inc. achieved a 29% year-over-year revenue growth in the fourth quarter of 2025, reaching $443.6 million. The company also reported a substantial increase in net income to $29.2 million and adjusted EBITDA to $72.6 million, demonstrating strong operational performance and continued market share gains.

• Total revenues increased by 29.4% to $443.6 million in Q4 2025 compared to $342.8 million in Q4 2024.
• Systemwide same shop sales grew by 7.7%, with transactions increasing by 5.4% in Q4 2025.

Mohawk Industries announced fourth quarter 2025 net earnings of $42 million and EPS of $0.68. Adjusted net earnings were $124 million, and adjusted EPS was $2.00. Net sales for the fourth quarter of 2025 were $2.7 billion, up 2.4% as reported but down 3.3% on an adjusted basis versus the prior year. The company's performance was influenced by productivity gains, restructuring initiatives, and lower interest expense, partially offset by market pricing pressures and increased input costs.

• Net sales for Q4 2025 increased by 2.4% as reported to $2.7 billion, but decreased by 3.3% on an adjusted basis compared to Q4 2024.
• Reported net earnings for Q4 2025 were $42 million, with reported EPS at $0.68, a decrease from $90 million and $1.43 respectively in Q4 2024.

Healthcare Realty experienced a transformational year in 2025, achieving strong same-store growth and exceeding disposition targets. The company reported a GAAP Net Income of $14.391 million for Q4 2025, with diluted EPS of $0.04, and introduced full year 2026 guidance.

• GAAP Net Income for Q4 2025 was $14.391 million, with diluted EPS of $0.04.
• Same store cash NOI growth was +5.5%, driven by 82.7% tenant retention and +3.7% cash leasing spreads.

Bruker reported Q4-25 revenues of $977.2 million, which was flat year-over-year, and GAAP diluted EPS of $0.10. For the full year 2025, revenues were $3.44 billion, up ~2% year-over-year, with a GAAP diluted loss per share of $(0.15). The company initiated FY26 guidance with expected revenue growth of 4% to 5% and non-GAAP EPS growth of 15% to 17%.

• Q4-25 revenues were $977.2 million, showing flat year-over-year performance but a ~5% organic decrease.
• GAAP diluted EPS for Q4-25 was $0.10, while non-GAAP diluted EPS was $0.59.

In Q4 2025, Fortune Brands generated $1.08 billion in sales, down 2.4% year-over-year, with operating income of $121.6 million and diluted EPS of $0.63, reflecting margin pressure and restructuring-related impacts.

• Net sales decreased 2.4% year-over-year to $1077500000.
• Operating income declined 31.8% to $121600000.

Gates Industrial Corporation plc reported a strong fourth quarter and full year 2025, with fourth-quarter net sales increasing by 3.2% to $856.2 million and net income attributable to shareholders reaching $51.3 million. The company also achieved double-digit growth in earnings per share for the full year and reduced its net leverage ratio.

• Fourth-quarter net sales increased by 3.2% to $856.2 million, with core sales growth of 0.6%.
• Net income attributable to shareholders for the fourth quarter was $51.3 million, or $0.20 per diluted share.

In Q4 2025, Bright Horizons generated revenue of 733698000, up 9% year-over-year, with net income of 21740000 and diluted EPS of 0.38, while adjusted EBITDA rose 12% to 123455000 driven by strong back-up care utilization and enrollment gains.

• Revenue increased 9% year-over-year to 733698000.
• Adjusted EBITDA grew 12% to 123455000 with margin of 17%.

Vontier concluded 2025 with a strong fourth quarter, reporting sales of $808.5 million, a 4.1% increase from the prior year, driven by robust core sales growth of 5.1%. Adjusted diluted net EPS reached $0.86, and the company generated $184.6 million in adjusted free cash flow, representing a 147% conversion rate. For the full year, sales were $3.1 billion, with adjusted diluted net EPS of $3.20.

• Fourth quarter sales increased 4.1% year-over-year to $808.5 million, with core sales up 5.1%.
• GAAP diluted net EPS was $0.85, and adjusted diluted net EPS was $0.86 for Q4 2025.

Core Natural Resources experienced a net loss in Q4 2025, primarily due to fire extinguishment costs and idle mine cash costs, partially offset by insurance proceeds. Despite these challenges, the company generated positive net cash from operating activities and free cash flow, while also returning capital to stockholders. The company is optimistic about 2026, anticipating improved operational execution and financial performance.

• Core Natural Resources reported a net loss of $79.0 million, or ($1.54) per diluted share, in Q4 2025.
• Adjusted EBITDA for the quarter was $103.1 million, including $36.4 million in fire extinguishment and idle mine cash costs, and $23.9 million in insurance proceeds.

For Q4 2025, CRISPR Therapeutics generated total revenue of 864000, primarily from grant revenue, and reported a net loss of 130613000, or -1.37 per share. R&D expenses increased to 83526000 and collaboration expense rose significantly to 53703000.

• Total Q4 revenue was 864000, compared to 35691000 in Q4 2024.
• Net loss widened to 130613000, or -1.37 per share.

Belden Inc. achieved record revenues and adjusted EPS in the fourth quarter and full year 2025, driven by broad-based strength in Automation Solutions and accelerating adoption of its solutions portfolio. The company also repurchased 0.4 million shares for $45 million during the quarter.

• Record Revenues of $720 million, up 8% year-over-year and 5% organically.
• Record Adjusted EPS of $2.08, up 8% year-over-year.

For Q4 2025, BGC generated record revenues of 756367000, up 32.2% year over year, driven by significant growth in Energy, Commodities and Shipping (ECS). GAAP net income available to common stockholders was 14371000, resulting in diluted EPS of 0.03, while Adjusted EBITDA was 190593000.

• Total revenues increased 32.2% year over year to 756367000.
• ECS revenues surged 92.0% year over year to 257500000.

Granite generated fourth quarter revenue of 1165370000, up 19% year-over-year, with net income attributable to Granite of 52030000 and diluted EPS of 1.03. Operating income rose to 74981000, while adjusted EBITDA increased to 130998000 with an 11.2% margin.

• Revenue increased 19% year-over-year to 1165370000.
• Net income attributable to Granite rose to 52030000 with diluted EPS of 1.03.

PBF Energy Inc. reported a significant turnaround in its financial performance for the fourth quarter of 2025, moving from a loss in operations and net income in 2024 to a positive income. The company's income from operations, excluding special items, was $99.4 million, a substantial improvement from a loss of $427.9 million in the prior year. Net income attributable to PBF Energy Inc. was $78.4 million, or $0.66 per share, compared to a net loss of $289.3 million, or $(2.54) per share, in Q4 2024. This improvement was supported by gains on insurance recoveries and a LIFO decrement, partially offset by other expenses.

• Fourth quarter 2025 income from operations was $128.0 million, a significant improvement from a loss of $383.2 million in Q4 2024.
• Net income attributable to PBF Energy Inc. was $78.4 million ($0.66 per share) in Q4 2025, compared to a net loss of $289.3 million ($(2.54) per share) in Q4 2024.

Warrior Met Coal delivered exceptional performance in Q4 2025, with net income rising to $23.0 million from $1.1 million in Q4 2024, and adjusted EBITDA significantly increasing to $92.9 million from $53.2 million. This growth was primarily fueled by record sales volumes, including a substantial contribution from the new Blue Creek mine, and improved cost efficiency.

• Commissioning of the Blue Creek longwall operations began in October, eight months ahead of schedule and on budget.
• Achieved record quarterly sales volumes of 2.9 million short tons of steelmaking coal, with 881 thousand short tons from the Blue Creek mine.

Crocs generated 957640000 in revenue for Q4 2025, down 3.2% year over year, with net income of 105165000 and diluted EPS of 2.03. Operating income declined to 146397000 as margins compressed and HEYDUDE brand revenue fell sharply.

• Revenue declined 3.2% year over year to 957640000.
• Net income was 105165000 with diluted EPS of 2.03.

For Q4 2025, HASI generated total revenue of 114811000 and reported a GAAP net loss attributable to controlling stockholders of 53766000, or diluted EPS of -0.43. Adjusted earnings rose to 86779000, or 0.67 per share, driven by higher adjusted recurring net investment income.

• Total revenue was 114811000 for the quarter.
• GAAP net loss attributable to controlling stockholders was 53766000, or -0.43 per diluted share.

IPG Photonics exceeded expectations in Q4 2025, achieving 17% year-over-year revenue growth to $274.5 million, driven by strong performance in materials processing, medical, and advanced applications. Diluted EPS rose 72% to $0.31, and adjusted EBITDA increased 11% to $41.2 million, despite a GAAP gross margin decline to 36.1% due to higher product costs and tariffs.

• Fourth quarter revenue increased 17% year-over-year to $274.5 million, surpassing expectations.
• Diluted earnings per share (EPS) grew 72% to $0.31, while adjusted EPS increased 53% to $0.46.

For Q4 2025, Seaboard generated net sales of 2410000000 and net earnings attributable to Seaboard of 253000000, with earnings per share of 264.13. Operating income declined year-over-year to 65000000.

• Net sales decreased to 2410000000 from 2482000000 in the prior year quarter.
• Operating income declined to 65000000 from 114000000 year-over-year.

Sphere Entertainment generated Q4 2025 revenue of 394283000, up 28% year-over-year, with operating income of 28921000 compared to a loss in the prior year. Net income attributable to stockholders was 57647000, and adjusted operating income reached 128026000.

• Total revenue increased 28% year-over-year to 394283000.
• Operating income improved to 28921000 from a prior-year loss.

For Q4 2025, Hercules generated total investment income of 142487000 and net investment income of 86641000, or 0.48 per share, covering 120% of its base cash distribution. The company delivered record gross debt and equity commitments of 1060000000 while maintaining net GAAP leverage of 101.8%.

• Total investment income reached 142487000 for Q4 2025.
• Net investment income was 86641000, or 0.48 per share, covering 120% of the base distribution.

For Q4 2025, Scorpio Tankers generated vessel revenue of 252652000 and net income of 128118000, with diluted EPS of 2.59. TCE revenue rose to 241424000 supported by higher average daily TCE rates of 28066 per vessel, while adjusted EBITDA reached 151561000.

• Net income was 128118000, or 2.59 diluted EPS, compared to 68557000 a year earlier.
• TCE revenue increased to 241424000 from 192145000 year over year.

For Q4 2025, SPS Commerce generated revenue of 192652000 with net income of 25841000 and diluted EPS of 0.68. Adjusted EBITDA increased 22% year-over-year to 60462000, with adjusted EBITDA margin expanding to 31%.

• Revenue increased 13% year-over-year to 192652000.
• Net income rose to 25841000 with diluted EPS of 0.68.

Euronet Worldwide, a global leader in payments processing and cross-border transactions, announced strong financial results for the fourth quarter and full year 2025. The company achieved a 6% increase in revenues to $1,108.7 million and a 15% increase in adjusted earnings per share to $2.39 for Q4 2025, driven by strategic acquisitions, digital expansion, and robust transaction growth across its segments, despite economic pressures on lower-income consumers and immigration policy uncertainties.

• Revenues increased by 6% to $1,108.7 million in Q4 2025, with a 1% increase on a constant currency basis.
• Adjusted earnings per share rose by 15% to $2.39 in Q4 2025, compared to $2.08 in the prior year.

Bitdeer generated 224835000 in revenue in Q4 2025, up significantly year over year, with net income of 70542000 and operating income of 109353000. Growth was primarily driven by a surge in self-mining revenue and expanded hash rate deployment, while Adjusted EBITDA turned positive at 31199000.

• Total revenue increased to 224835000, led by self-mining revenue of 168600000.
• Net income reached 70542000 compared to a net loss in the prior year period.

Ultragenyx reported a strong fourth quarter in 2025 with total revenue reaching $207 million, a 25% increase year-over-year. The company also initiated a strategic restructuring plan to reduce expenses and headcount, aiming for profitability in 2027, and highlighted key clinical and regulatory catalysts for 2026.

• Total revenue for Q4 2025 was $207 million, marking a 25% increase from Q4 2024.
• Crysvita revenue for Q4 2025 was $145 million, with significant contributions from Latin America and Türkiye.

Materion Corporation delivered strong fourth quarter and full-year 2025 results, with net sales reaching $489.7 million and $1.79 billion respectively. The company reported a net income of $6.6 million for Q4 2025, a significant improvement from a net loss in the prior year quarter. Adjusted earnings per share for the full year were $5.44, exceeding the prior year's $5.34. Strategic initiatives, including a $65 million customer investment for US defense and strong performance in Electronic Materials and Precision Optics, contributed to these positive outcomes.

• Net sales for Q4 2025 were $489.7 million, an increase from $436.9 million in the prior year quarter.
• Net income for Q4 2025 was $6.6 million, or $0.31 per diluted share, a significant turnaround from a net loss of $48.8 million in the prior year quarter.

For Q4 2025, LXP generated total gross revenues of 86744000 and net income attributable to common shareholders of 27124000, or 0.46 per diluted share. The company ended the quarter 97.1% leased, reduced net debt to Adjusted EBITDA to 4.9x and maintained total consolidated debt of 1400000000.

• Total gross revenues were 86744000 compared to 100851000 in the prior year quarter.
• Net income attributable to common shareholders was 27124000, or 0.46 per diluted share.

Avient Corporation announced its fourth quarter and full-year 2025 results, with fourth-quarter sales increasing 2% to $761 million. Adjusted EPS for the fourth quarter grew 14% to $0.56, primarily due to organic sales growth in the Specialty Engineered Materials segment and company-wide productivity initiatives. Full-year adjusted EPS increased 6% to $2.82, supported by adjusted EBITDA margin expansion and lower interest expense.

• Fourth quarter sales increased 2% to $761 million, with a 3% favorable impact from foreign exchange.
• Fourth quarter adjusted EPS grew 14% to $0.56, driven by organic sales growth in Specialty Engineered Materials and productivity initiatives.

TriNet closed out 2025 by delivering earnings at the top-end of its guidance, successfully repricing its business, growing free cash flow by 16%, and returning over $200 million in capital to shareholders. The company is entering 2026 with a clear strategy, including AI-powered TriNet Assistant for customer service, expansion of its broker channel, and new partnerships, expecting results to reflect this momentum throughout the year.

• Total revenues for Q4 2025 decreased 2% to $1.2 billion compared to the same period last year.
• The company reported a net loss of $1 million, or $(0.01) per share, for Q4 2025, a significant improvement from a net loss of $23 million in the prior year.

Diebold Nixdorf delivered a strong performance in Q4 2025, with total revenue reaching $1.10 billion, net income of $50.5 million, and diluted EPS of $1.37. The company also reported significant growth in adjusted EBITDA and free cash flow, exceeding previous targets and strengthening its financial profile.

• Company established a new 2026 financial outlook, which is above previous targets provided at the 2025 Investor Day.
• Order entry grew 17% year-over-year, with revenue growth of approximately 2% year-over-year.

For the 13-week Q4 2025 period, Flowers Foods generated net sales of 1232860000, up 11.0%, but reported a net loss of 67072000 primarily due to a 136000000 non-cash impairment charge. Adjusted EBITDA increased to 117420000 with margin expanding to 9.5%.

• Net sales increased 11.0% to 1232860000 driven by acquisition and extra week benefit.
• Net loss was 67072000 due to a 136000000 non-cash intangible impairment.

GEO generated 707695000 in revenue in Q4 2025, with net income attributable to GEO operations of 31766000 and diluted EPS of 0.23. Adjusted EBITDA increased to 125962000, reflecting improved operating performance compared to the prior year.

• Total revenue increased to 707695000 from 607720000 in Q4 2024.
• Net income attributable to GEO operations rose to 31766000 with diluted EPS of 0.23.

Agios Pharmaceuticals reported a net loss of $108.0 million in Q4 2025, an increase from $96.5 million in Q4 2024. Despite the loss, the company saw strong performance in PYRUKYND® U.S. net revenue, which increased by 49% year-over-year to $16.0 million. The historic U.S. approval and launch of AQVESME™ for thalassemia and progress in its sickle cell disease programs were key highlights.

• PYRUKYND® (mitapivat) worldwide net revenues reached $20.0 million in Q4 2025 and $54.0 million for the full year.
• AQVESME™ (mitapivat) for thalassemia is now available in the U.S. following FDA approval.

Melco Resorts & Entertainment Limited reported a strong fourth quarter and full fiscal year 2023, with significant year-over-year increases in operating revenues and Adjusted Property EBITDA, primarily driven by the recovery in Macau and the opening of City of Dreams Mediterranean.

• Operating revenues for Q4 2023 increased by 220.6% year-over-year to $1.09 billion.
• Net income attributable to Melco Resorts for Q4 2023 was $103.0 million, a substantial improvement from a net loss in the prior year.

Organon's fourth quarter of 2025 saw total revenue decline by 5% to $1.507 billion, with a reported net loss of $205 million, or $0.79 per diluted share, primarily due to a $301 million goodwill impairment. Adjusted EBITDA decreased by 15% to $383 million.

• Total revenue for Q4 2025 was $1.507 billion, a 5% decrease from Q4 2024.
• The company reported a net loss of $205 million in Q4 2025, compared to a net income of $109 million in Q4 2024.

PHINIA Inc. delivered a robust performance in the fourth quarter of 2025, with net sales increasing by 6.7% to $889 million and net earnings soaring to $45 million, up $40 million year-over-year. Adjusted EBITDA also saw a rise to $116 million, primarily due to research and development and supply chain savings, alongside tariff recoveries. The company returned $40 million to shareholders through share repurchases and dividends.

• Net sales increased by 6.7% to $889 million in Q4 2025, with a 2.3% increase excluding foreign currency and acquisitions, driven by tariff recoveries and increased volumes in Asia and Americas.
• Net earnings reached $45 million, a significant increase of $40 million year-over-year, with a net margin of 5.1%.

Sixth Street Specialty Lending, Inc. reported a net investment income of $0.53 per share and net income of $0.32 per share for Q4 2025. The company's net investment income for Q4 continued to reflect the impact from the elevated interest rate environment combined with strong activity-based fee income. The base dividend remained well covered with adjusted net investment income exceeding the base quarterly dividend by $0.06 per share.

• Net investment income per share for Q4 2025 was $0.53, reflecting strong activity-based fee income.
• Net income per share for Q4 2025 was $0.32.

Genesis Energy delivered solid fourth quarter 2025 results with revenue of $440.8 million and net income attributable to Genesis Energy, L.P. of $19.9 million, compared to a net loss in the prior year period. Performance was driven by strong offshore pipeline transportation volumes, improved onshore results, and higher total segment margin.

• Total Segment Margin increased to $174.0 million, up significantly from the prior year quarter.
• Adjusted EBITDA was $157.8 million for the quarter.

10x Genomics reported a 1% increase in revenue for the fourth quarter of 2025, reaching $166.0 million, and a net loss of $16.3 million. The company also announced partnerships and collaborations aimed at expanding its AI-ready datasets for cancer research and integrating single cell and spatial tumor analysis into diagnostic workflows.

• Fourth quarter 2025 revenue increased by 1% to $166.0 million compared to the prior year period.
• Gross margin for Q4 2025 was 68%, up from 67% in Q4 2024, primarily due to lower inventory write-downs, royalty, and warranty costs.

Yelp Inc. announced record net revenue and strong profitability for the fourth quarter and full year ended December 31, 2025. The company achieved record net revenue of $359.989 million for the quarter and $1.46 billion for the full year, with net income up 10% to $146 million for the full year. This performance was driven by growth in Services and product innovation, including over 55 new features and updates. Yelp is accelerating investment in AI transformation, highlighted by the acquisition of Hatch and an agreement with OpenAI.

• Net revenue reached a record of $359.989 million in Q4 2025, up 4% year over year.
• Net income for Q4 2025 was $37.796 million, representing a 10% net income margin.

Iridium Communications Inc. reported a total revenue of $212.9 million for the fourth quarter of 2025, which was in line with the comparable period last year. Net income for the quarter was $24.9 million, a decrease from $36.3 million in Q4 2024. Operational EBITDA also saw a slight decrease to $115.3 million. The company ended the quarter with 2,537,000 total billable subscribers, showing a 3% year-over-year growth driven by commercial IoT.

• Total revenue for Q4 2025 was $212.9 million, consistent with the prior-year period, with service revenue comprising 75% of the total.
• Net income for the fourth quarter of 2025 was $24.9 million, or $0.24 per diluted share, down from $36.3 million in Q4 2024.

In Q4 2025, Sylvamo generated net sales of 890000000 and net income of 33000000, with diluted EPS of 0.83. Adjusted EBITDA was 125000000 with a 14% margin, and free cash flow totaled 38000000.

• Net sales were 890000000 compared to 970000000 in the prior year quarter.
• Net income declined to 33000000 from 81000000 year-over-year.

Tripadvisor's fourth quarter of 2025 saw flat revenue at $411 million compared to the previous year, with a net loss of $38 million. Adjusted EBITDA decreased by 38% to $45 million, reflecting accelerated investment in experiences and legacy declines. Experiences revenue grew by 10%, while Hotels and Other revenue declined by 15%.

• Total revenue for Q4 2025 was $411 million, remaining flat year-over-year.
• The company reported a net loss of $38 million, or ($0.33) diluted EPS, for the fourth quarter.

Himax Technologies, Inc. delivered a solid fourth quarter in 2025, with revenues increasing sequentially and gross margin in line with expectations. The company's after-tax profit per diluted ADS reached the high end of its guidance range. Despite a challenging macroeconomic environment, Himax saw continued growth in non-driver IC businesses and anticipates the first quarter of 2026 to be the trough of the year, with a rebound expected in the second quarter.

• Q4 2025 revenues were $203.1 million, a sequential increase of 2.0%, exceeding the flat QoQ guidance.
• Gross margin for Q4 reached 30.4%, aligning with the guidance of flat to slightly up from the previous quarter's 30.2%.

Trupanion delivered a strong performance in Q4 2025, with total revenue increasing by 12% and subscription business revenue growing by 15% compared to Q4 2024. The company achieved its 15% annual margin target and reported significant increases in net income and adjusted EBITDA, driven by higher retention and accelerating gross pet adds.

• Total revenue for Q4 2025 reached $376.9 million, marking a 12% increase from the same period in 2024.
• Subscription business revenue grew by 15% to $261.4 million in Q4 2025.

For Q4 2025, Atomera generated revenue of 50000 and reported a net loss of 4425000, or -0.14 per share. Adjusted EBITDA improved to a loss of 3265000, and cash, cash equivalents and short-term investments totaled 19210000 at quarter end.

• Q4 revenue was 50000.
• Net loss was 4425000, or -0.14 per share.

Ridgepost Capital reported a slight decrease in fourth-quarter revenue to $81.0 million from $85.0 million in the prior year, but saw a significant increase in GAAP Net Income to $11.0 million from $5.7 million. Fee-paying AUM grew by 15% year over year, reaching $29.4 billion.

• Fourth quarter revenue decreased to $81.0 million from $85.0 million in the prior year.
• GAAP Net Income for the fourth quarter increased to $11.0 million from $5.7 million in the prior year.

Cohu delivered a strong fourth quarter with revenue up 30% year-over-year, driven by improving market fundamentals and increased test cell utilization. The company also saw significant growth in recurring revenue.

• Full year 2025 revenue reached $453.0 million, marking a 13% increase year-over-year.
• Fourth quarter revenue was $122.2 million, a 30% increase compared to the same period last year.

PDF Solutions achieved record quarterly total revenues of $62.4 million in Q4 2025, a 25% increase year-over-year. The company also reported strong GAAP and non-GAAP gross and operating margins, alongside a GAAP diluted loss per share of $(0.00) and non-GAAP diluted earnings per share of $0.30.

• Record quarterly total revenues reached $62.4 million, marking a 25% increase compared to the same quarter last year.
• GAAP gross margin stood at 73%, while non-GAAP gross margin was 77% for the fourth quarter.

Optimum Communications reported a total revenue of $2.18 billion in Q4 2025, a 2.3% decrease year-over-year. The company achieved Adjusted EBITDA of $902.2 million, up 7.7% year-over-year, with a margin of 41.3%. Despite broadband subscriber net losses of 62,000, the company saw growth in Broadband ARPU and Residential ARPU, strong mobile line additions, and significant fiber customer growth.

• Total revenue for Q4 2025 was $2.18 billion, a 2.3% decrease year-over-year.
• Adjusted EBITDA grew by 7.7% year-over-year to $902.2 million, with a margin of 41.3% in Q4 2025.

Utz delivered modest net sales growth in Q4 2025, driven by 2.5% organic growth in Branded Salty Snacks, while expanding adjusted gross margin significantly. Although the company reported a net loss of $3.3 million, adjusted EBITDA rose 17.5% to $62.4 million, reflecting strong productivity savings and margin expansion.

• Net sales increased 0.4% to $342.2 million, with Organic Net Sales up 0.4%.
• Branded Salty Snacks Organic Net Sales grew 2.5%, offset by a 14.8% decline in Non-Branded & Non-Salty Snacks.

ECARX delivered strong Q4 2025 results with revenue rising 13% year-over-year to $304.7 million, driven by robust growth in sales of goods. The company achieved net profit of $2.8 million and adjusted EBITDA of $21.6 million, reflecting improved operating performance and sustained profitability momentum.

• Total revenue increased 13% year-over-year to $304.7 million.
• Sales of goods revenue grew 27% year-over-year to $269.5 million.

In Q4 2025, Corsair generated $436855000 in revenue, up 6% year-over-year, with GAAP net income of $25791000 and diluted EPS of $0.22, while adjusted EBITDA rose significantly to $53628000 driven by margin expansion in Gaming Components and Systems.

• Revenue increased 6% year-over-year to $436855000.
• Gross profit rose 34% year-over-year to $144554000.

Arteris, a semiconductor technology provider, announced robust financial results for Q4 2025, achieving a record Annual Contract Value plus royalties of $83.6 million, a 28% year-over-year increase. Revenue grew by 30% to $20.1 million, driven by strong royalty growth and customer adoption of its network-on-chip technology. The company also highlighted strategic acquisitions and expanded customer deployments in AI-enabled silicon solutions.

• Annual Contract Value (ACV) plus royalties reached a record $83.6 million, up 28% year-over-year.
• Revenue for Q4 2025 was $20.1 million, a 30% increase compared to the same period in 2024.

For Q4 2025, PacBio generated total revenue of 44645000, up year-over-year, with GAAP net loss of 40371000 and gross profit of 16566000. Non-GAAP gross margin improved to 40% compared to 31% in the prior year quarter.

• Revenue increased to 44645000 from 39224000 year-over-year.
• Consumables revenue reached 21600000, up from 18800000.

Ardmore Shipping Corporation announced strong financial results for the fourth quarter and full year ended December 31, 2025. The company reported adjusted earnings of $11.6 million for Q4 2025, an increase from $10.3 million in Q4 2024. Net income attributable to common stockholders also rose to $9.3 million from $5.1 million in the prior year's quarter. The company declared a cash dividend of $0.09 per common share for the quarter.

• Adjusted earnings for Q4 2025 increased to $11.6 million, up from $10.3 million in Q4 2024.
• Net income attributable to common stockholders for Q4 2025 was $9.3 million, a significant rise from $5.1 million in Q4 2024.

For Q4 2025, Cooper Standard generated sales of 672371000 and net income attributable to the company of 3328000, or 0.18 per diluted share. Adjusted EBITDA was 34935000, representing a 5.2% margin, while free cash flow reached 44559000.

• Sales increased 1.8% year-over-year to 672371000.
• Net income attributable to Cooper Standard was 3328000, or 0.18 per diluted share.

Nu Skin Enterprises reported fourth quarter 2025 revenue of $370.3 million and diluted EPS of $0.29, both within guidance. The company achieved over 50% growth in earnings for the full year 2025, driven by effective margin improvement and cost optimization. Strategic initiatives like the global launch of Prysm iO and pre-market activities in India are expected to drive year-over-year revenue growth by the end of 2026.

• Fourth quarter 2025 revenue was $370.3 million, a 16.9% decrease year-over-year, or 10.4% excluding Mavely 2024 revenue.
• Diluted earnings per share for Q4 2025 was $0.29, compared to $(0.73) in the prior-year quarter, or $0.38 excluding restructuring and other charges.

Kelly Services reported a fourth-quarter revenue of $1.1 billion, an 11.9% decrease year-over-year, primarily due to lower demand in ETM and SET segments. Despite the revenue decline, the company achieved a sixfold increase in full-year free cash flow to $114 million and reduced adjusted SG&A expenses by 11.1%. The company anticipates a return to organic revenue growth and adjusted EBITDA margin expansion in the second half of 2026.

• Fourth-quarter revenue decreased by 11.9% to $1.0492 billion, primarily due to lower demand in ETM and SET segments.
• Full-year free cash flow significantly increased to $114 million, a sixfold rise compared to the prior year.

For Q4 2025, MVB Financial reported net income of 4225000 and diluted EPS of 0.32, driven by 28379000 in net interest income and a net interest margin of 3.70%. Results reflected lower noninterest income compared to the prior quarter due to the absence of a prior divestiture gain, while capital and liquidity remained strong.

• Net income totaled 4225000, with diluted EPS of 0.32.
• Net interest income increased to 28379000, and net interest margin expanded to 3.70%.

For Q2 fiscal 2026, Rezolute reported a net loss of 22774000 compared to 15730000 in the prior year period, driven by increased R&D and G&A expenses. Total operating expenses rose to 24221000 for the quarter.

• Net loss was 22774000 compared to 15730000 in Q2 fiscal 2025.
• R&D expenses increased to 14348000 from 12627000 year-over-year.

Conduent Incorporated announced its fourth quarter and full year 2025 financial results, with Q4 revenue of $770 million and a pre-tax loss of $(28) million. Adjusted EBITDA margin for Q4 was 6.5%, showing an increase from the prior year. The company maintained a cash balance of $243 million and focused on accelerating execution and enforcing financial discipline.

• Q4 2025 revenue and adjusted revenue stood at $770 million.
• The company reported a pre-tax income loss of $(28) million for Q4 2025.

Commerce.com, Inc. reported a total revenue of $89.5 million for the fourth quarter of 2025, a 3% increase compared to the same period in 2024. The company achieved a net loss of ($8.4) million and a non-GAAP net income of $5.6 million. Full-year total revenue reached $342.3 million, up 3% from fiscal year 2024, with a full-year operating cash flow of $27.4 million.

• Total revenue for Q4 2025 was $89.5 million, an increase of 3% year-over-year.
• Full-year total revenue for 2025 was $342.3 million, up 3% compared to fiscal year 2024.

CVRx achieved key foundational goals in 2025, with total revenue for Q4 2025 reaching $16.0 million, a 4% increase over the prior year quarter. The company also initiated the BENEFIT-HF trial and saw new Category I CPT codes take effect, positioning it for accelerated growth in 2026.

• Total revenue for Q4 2025 was $16.0 million, an increase of 4% over the prior year quarter.
• U.S. revenue for Q4 2025 was $14.9 million, also a 4% increase over the prior year quarter.

For Q4 2025, Tucows generated net revenue of 98670000, up 6% year-over-year, with gross profit of 24132000. Net loss improved to 22030000 compared to 42475000 in the prior year period, and Adjusted EBITDA was 11081000.

• Net revenue increased 6% year-over-year to 98670000.
• Gross profit rose 14% to 24132000.

Forrester Research announced its fourth-quarter and full-year 2025 financial results, reporting a 6% decrease in contract value to $292.4 million compared to the prior year. The company experienced a net loss of $33.9 million for the quarter, including a significant non-cash goodwill impairment charge. Despite some momentum in cash flow and client retention, overall financial performance fell short of expectations, leading to a restructuring to improve cost efficiency and focus on CV growth.

• Total revenues for Q4 2025 were $101.1 million, down from $108.0 million in Q4 2024.
• The company reported a GAAP net loss of $33.9 million, or $1.78 per diluted share, for Q4 2025, compared to a net income of $0.4 million in Q4 2024.

Star Holdings reported a net loss for Q4 2025 primarily driven by a $24.3 million non-cash mark-to-market adjustment on its SAFE investment. Despite the loss, the company successfully executed asset sales, including a land parcel in Asbury Park for a significant profit, and continued its share repurchase program.

• Net loss of $19.1 million for the fourth quarter, heavily impacted by non-cash adjustments.
• Mark-to-market adjustment on 13.5 million SAFE shares reduced EPS by $1.93.

AVITA Medical experienced a slight decrease in total revenue to $17.6 million in Q4 2025, primarily due to reimbursement headwinds. However, the company demonstrated improved cash efficiency with net cash use decreasing to $5.1 million and a 5% reduction in operating expenses. The net loss remained consistent with the prior year at $11.6 million.

• Total revenue for Q4 2025 was $17.6 million, a decrease from $18.4 million in Q4 2024, attributed to reimbursement headwinds.
• Gross profit margin stood at 81.2%, influenced by product mix and inventory adjustments.

Amwell exceeded its Q4 2025 financial guidance with total revenue of $55.3 million. The company reported a net loss of ($25.2) million and adjusted EBITDA of ($10.3) million, both showing improvement from the third quarter of 2025. The focus on its Technology Enabled Care platform contributed to strong market validation and contract renewals.

• Total revenue for Q4 2025 was $55.3 million, surpassing the financial guidance provided in Q3.
• Net loss improved to ($25.2) million in Q4 2025, compared to ($31.9) million in Q3 2025.

Gogoro delivered Q4 2025 revenue of $74400000, up 1.7% year-over-year, driven by growth in battery swapping services. Gross margin improved significantly to 14.3% and non-IFRS gross margin reached 20.1%, while net loss narrowed to $20800000. Adjusted EBITDA increased to $12900000, reflecting stronger operational efficiency despite continued softness in vehicle sales.

• Revenue increased 1.7% year-over-year to $74400000, led by battery swapping service growth.
• Gross margin improved to 14.3% from negative 7.4% in the prior year quarter.