Know What's Happening in Earnings Calls
Know What's Happening in Earnings Calls
Micron posts $23.9B revenue, AI memory outlook split
Micron Technology reported fiscal Q2 revenue of $23.86 billion, nearly tripling year‑over‑year, and posted non‑GAAP earnings of $12.20 per share. Citi responded by cutting its price target to $425 from $510, sparking a debate among analysts about the durability of the AI‑driven memory boom.
Alight Inc. posted FY 2025 revenue of $2.3 billion, with recurring revenue down 2.2% and project revenue plunging 22%, resulting in a 5% decline in revenue under contract for 2026. Adjusted EBITDA reached $561 million, delivering a 24.8% margin, while free cash flow was $250 million and an $83 million goodwill impairment was recorded. The company suspended its quarterly dividend, redirecting capital toward debt reduction, opportunistic share repurchases and over $100 million of 2026 investments in AI, sales and client experience. Management warned that Q1 2026 revenue will fall in the high‑single‑digit range and adjusted EBITDA margin will compress 500‑750 bps, with the renewal cohort expected to shrink 30‑40%.
Kaiser Aluminum reported $3.4 billion in net sales for 2025, generating $1.5 billion in conversion revenue after $1.9 billion of alloy metal hedge costs. Total shipments fell 5% to 1.1 billion pounds, while packaging conversion revenue rose 11% thanks to a shift toward coated...
WESCO International reported record fourth‑quarter revenue of $6.1 billion, a 10% year‑over‑year increase driven by 9% organic growth. Data‑center sales exploded 30% to $1.2 billion, pushing full‑year data‑center revenue to $4.3 billion, roughly 18% of total sales. Adjusted EBITDA rose to $409 million with...
EPAM Systems reported Q4 2025 revenue of $1.4 billion, a 12.8% year‑over‑year increase, and AI‑native revenue topped $105 million, on track to exceed $600 million in 2026. The company posted GAAP EPS of $1.98 and non‑GAAP EPS of $3.26, while free cash flow...
Wayfair reported Q4 2025 revenue up 6.9% YoY (7.8% excluding Germany), with adjusted gross margin steady at 30.3% and contribution margin improving to 15.3%. Adjusted EBITDA surged to $224 million, driving full‑year EBITDA above $743 million and free cash flow up 40%...
AMN Healthcare reported Q2 2025 revenue of $658 million, hitting the top of its guidance but falling 11% year‑over‑year. A $110 million goodwill impairment drove a GAAP net loss of $116 million, while adjusted EBITDA slipped to $58 million with an 8.9% margin. Gross...
YETI Holdings reported a record Q4 2025 with net sales of $583.7 million, up 5 % year‑over‑year, driven by 6 % growth in drinkware and a 25 % surge in international revenue. Adjusted gross margin fell to 58.4 % as tariffs added a 310‑basis‑point cost...
Motorcar Parts of America (MPAA) trimmed its FY 2026 sales outlook to $750‑$760 million, reflecting a $50 million shortfall from a major customer’s store closures. Gross margin fell to 19.6% year‑over‑year but rose sequentially, and operating income is projected between $72 million and...
Integer Holdings reported an 8% rise in full‑year sales to $1.85 billion, with organic growth above 6%, and a 21% jump in adjusted EPS to $6.40. Adjusted operating income grew 13% and the operating margin expanded to 17.3%, driven by gross‑margin...
Texas Roadhouse reported total revenue just under $5.9 billion for 2025, with all three brands posting both sales and traffic growth. Same‑store sales rose 4.9% year‑over‑year, driven primarily by a 2.8% increase in guest traffic. Restaurant margin slipped to 13.9% as...
Appian Corp reported 22% year‑over‑year total revenue growth to $202.9 million, driven by an 18% rise in cloud subscription revenue and a 36% surge in professional services. Adjusted EBITDA reached $19.7 million, comfortably above the $10‑$13 million guidance, while operating cash flow turned...
Sprouts Farmers Market reported fourth‑quarter sales of $2.1 billion, an 8% year‑over‑year increase, and full‑year revenue of $8.8 billion, up 14%. Comparable store sales rose modestly 1.6% in Q4, while e‑commerce grew 15% and now accounts for roughly 15.5% of total sales....
TechnipFMC reported full‑year 2025 revenue of $9.9 billion, up 9%, and adjusted EBITDA of $1.8 billion, a 33% increase driven by strong operating leverage. The Subsea segment generated $10.1 billion of inbound orders, with more than 80% awarded on a direct basis through...
CenterPoint Energy reported a 9% rise in both non‑GAAP earnings per share and dividend payouts for 2025, posting $0.45 non‑GAAP EPS in Q4 and $1.76 for the full year. Management reaffirmed 2026 non‑GAAP EPS guidance at $1.89‑$1.91 and highlighted a...
Weave Communications reported Q2 2025 revenue of $58.5 million, a 15.6% year‑over‑year increase, and beat the top end of its non‑GAAP guidance. Gross margin rose to 72.3%, up 40 basis points, while free cash flow reached $4.5 million and cash balances stood...
UL Solutions reported record full‑year revenue of $3.1 billion, up 6.4% (6.2% organic), and a Q4 revenue of $789 million, up 0.8% (5.7% organic). Adjusted EBITDA margin expanded 300 basis points to 25.9% for the year and 27.5% in Q4, while free...
Metallus Inc reported a sequential decline in fourth‑quarter shipments and net sales, resulting in a GAAP loss of $14.3 million and adjusted EBITDA of $2.4 million. Annual shipments rose 14% year‑over‑year, and the order book expanded over 50%, pushing lead times into...
LKQ Corp reported Q4 2025 revenue of $3.3 billion, a 2.7% year‑over‑year increase, while adjusted diluted EPS fell to $0.59 from $0.78. Free cash flow reached $847 million for the year, surpassing its $825 million target, and the company repaid over $500 million of...
Ryan Specialty Holdings reported a 21% revenue surge to $3.0 billion in 2025, propelled by 10.1% organic growth and a 10‑point M&A contribution. Adjusted EBITDAC rose 19.2% to $967 million, though margins slipped as the company invested heavily in talent, technology, and...
Navios Maritime Partners reported Q4 2025 net income of $117.3 million and full‑year earnings of $285.3 million, with EBITDA of $224.8 million and $744.6 million respectively. The company raised its annual distribution by 20% to $0.24 per unit and repurchased 5.3% of outstanding units,...
Newmont’s Q2 2025 earnings call highlighted a suspension of operations at the Red Chris mine after two fall‑of‑ground incidents, while reporting record quarterly free cash flow of $1.7 billion. Gold production of 1.5 million ounces and copper output of 36,000 tonnes stayed in...
World Kinect Corp (WKC) posted record free cash flow of $2.5 billion for 2025 and a $769 million Q4 surge, driving a stronger balance sheet and enabling a 40% free‑cash‑flow payout target. Margins rose 66% to $2,283 per ounce, while all‑in sustaining...
Lemonade reported record Q4 2025 results, with in‑force premium hitting $1.24 billion, a 31% year‑over‑year rise, and revenue surging 53% to $228 million. Gross profit jumped 73% to $111 million, while adjusted EBITDA loss narrowed to $5 million, putting the insurer on the brink of...
Cushman & Wakefield reported a strong 2025 year, delivering adjusted EPS of $1.22—a 34% YoY increase—and total revenue of $7.1 billion, up 7% across all service lines and regions. Adjusted EBITDA rose 11% to $656 million with a 46‑basis‑point margin expansion, while...
GATX Corp reported Q4 2025 net income of $97 million, or $2.66 per diluted share, and full‑year earnings of $333.3 million, $9.12 per share, marking an 11% EPS increase year‑over‑year. The company maintained a conservative 3.3‑to‑1 leverage ratio and ROE above 12%...
Axcelis Technologies reported Q4 2025 revenue of $238 million and non‑GAAP EPS of $1.49, both surpassing internal forecasts, driven by a record $82 million CS&I aftermarket performance and a favorable product mix. Bookings rose to $128 million and the company exited the quarter...
Tandem Diabetes Care reported record 2020 results, generating roughly $500 million in revenue—a 38% year‑over‑year increase—and shipping more than 90,000 insulin pumps. The company now serves over 200,000 customers worldwide and has expanded its Control‑IQ automated insulin‑delivery algorithm, which has driven...
Gentherm reported record $1.5 billion revenue for 2025, a 2.9% increase, and secured $2.2 billion of automotive new‑business awards, including $485 million in Q4. Adjusted EBITDA fell to $175 million (11.7% of sales) amid higher material costs, while operating cash flow rose 7% to...
American International Group (AIG) posted a strong Q4 2025, delivering adjusted EPS of $1.96, a 51% year‑over‑year increase, and underwriting income of $670 million, up 48%. The company’s expense ratio fell to 31.1%, and the accident‑year combined ratio improved to 88.9%,...
Comfort Systems USA reported record Q4 2025 results, posting 35% same‑store revenue growth and a gross margin above 25% for the first time. Backlog surged to a record $12 billion, driven largely by technology and modular bookings tied to hyperscaler data‑center...
Expro Group reported $1.6 billion in 2025 revenue, matching the low end of its guidance, and generated $353 million of adjusted EBITDA, delivering a 22% margin that edges closer to its 25% long‑term target. Adjusted free cash flow more than doubled year‑over‑year...
ON Semiconductor reported full‑year 2025 revenue of $6 billion and a non‑GAAP gross margin of 38.4%, meeting the midpoint of its guidance despite a soft demand environment. Free cash flow reached $1.4 billion, a 17% year‑over‑year rise, and the company returned the...
Select Medical disclosed that its Board is evaluating a non‑binding take‑private proposal from the Executive Chairman, adding strategic uncertainty to the near‑term outlook. Fourth‑quarter revenue grew more than 6% year‑over‑year, but adjusted EBITDA dropped 10% to $104.7 million, driven by an...
First American Financial reported a 47% jump in adjusted EPS to $1.99 and a 14% rise in title‑segment revenue, driven by a 35% surge in commercial revenue and higher average revenue per order. The company launched its AI‑powered Endpoint escrow...
Vicor reported Q4 2025 product revenue of $92.7 million, a 4.5% sequential rise and 15.3% YoY growth, while full‑year revenue climbed 4.1% to $350.3 million. Advanced‑product sales surged 26.6% YoY, pushing the advanced‑product share of total revenue to 58% despite a slight...
AutoNation reported fourth‑quarter revenue of $6.9 billion, a 4% year‑over‑year decline driven by a 9% drop in new‑vehicle sales and a 60% plunge in battery‑electric units. Adjusted EPS rose 2% to $5.08 and full‑year EPS jumped 16% to $20.22, while adjusted...
Star Equity Holdings reported Q4 2025 revenue of $48 million, a 30% increase driven primarily by the August 2025 merger. Net loss widened to $1.8 million, but adjusted earnings turned positive at $0.02 per share, with pro forma EPS of $0.19. Adjusted...
Rimini Street reported Q3 2025 revenue of $103.4 million, a 1.2% decline year‑over‑year, but core revenue excluding Oracle PeopleSoft rose 2.5%. The company settled its long‑running Oracle litigation, committing to wind down PeopleSoft support by July 2028, which eliminated a...
Ardelyx reported Q4 2025 revenue of $110.3 million, driven primarily by a 92% year‑over‑year surge in IBSRELA sales to $78.2 million. The company raised its full‑year IBSRELA revenue guidance to $270‑$275 million and posted a net loss of roughly $1 million, while cash balances...
Forum Energy Technologies (FET) posted Q4 2025 revenue of $202 million, up 3% sequentially, and adjusted EBITDA of $23 million, both at the high end of guidance. International sales surged 78% quarter‑over‑quarter, pushing the backlog to an eleven‑year high, up 46% year‑to‑date....
Bandwidth reported $754 million total revenue for 2025, reflecting 10% organic year‑over‑year growth and double‑digit expansion in both voice and messaging segments. Adjusted EBITDA reached $93 million with a 17% margin, and free cash flow hit $57 million, surpassing multi‑year cash targets. Management...
ICU Medical reported Q3 2025 revenue of $533 million, a 5% organic increase, driven by record consumables sales and solid IV systems growth. Adjusted diluted EPS rose 28% to $2.30 and adjusted EBITDA reached $106 million, reflecting higher gross margins and lower...
IDEX Corp reported modest 1% organic revenue growth in Q4 2025, driven primarily by a 34% surge in HST segment orders that reached a record $493 million. Adjusted EBITDA margin expanded by 40 basis points year‑over‑year, and free cash flow hit...
Harmonic Inc. reported Q3 2025 revenue of $142.4 million, led by $90.5 million in broadband and $51.9 million in video, with video SaaS reaching a record $16.1 million. Non‑GAAP EPS was $0.12 and free cash flow hit $21 million, while backlog stood at $495 million, 63% slated...
InvenTrust Properties Corp. reported a robust 2025 year, delivering 5.3% same‑property NOI growth and a 6.2% rise in NAREIT FFO to $1.89 per share. The REIT completed $460 million of Sunbelt‑focused acquisitions while maintaining sector‑low leverage, with net debt to adjusted...
Garrett Motion reported $3.58 billion in 2025 sales and a $510 million adjusted EBIT, delivering a 14.2% margin despite a modest Q4 margin dip. The company converted nearly 80% of adjusted EBIT into free cash flow and returned $260 million to shareholders through...
N‑Able reported Q4 2025 revenue of $130 million, a 12% year‑over‑year increase, and ended the year with $540 million in annual recurring revenue, up 12% on a reported basis. Non‑GAAP adjusted EBITDA held steady at a 30% margin, while dollar‑based net revenue retention...
Quanta Services reported a record full‑year 2025 revenue of $28.5 billion, up 20% year‑over‑year, and posted all‑time highs in adjusted EBITDA, EPS, cash flow and free cash flow. The company ended the year with a $44 billion backlog, the strongest ever, driven...
Opendoor reported $1.6 billion revenue for the quarter and posted its first adjusted EBITDA profit in three years, $23 million, driven by wider offer spreads and pre‑spring acquisition timing. The company completed a full rollout of its agent‑driven platform, which is delivering...
Gilead Sciences reported total product sales of $28.9 billion for 2025, a 1% increase that topped the high end of its guidance. The HIV franchise generated $20.8 billion, up 6% overall and 10% on an underlying basis after removing the Medicare Part D...
