Broadstone Net Lease Inc (BNL) Q4 2025 Earnings Call Transcript
Broadstone Net Lease reported 2025 AFFO per share of $1.49, a 4.2% increase year‑over‑year, while maintaining a 99% leased portfolio with 99.8% rent collection. The company deployed $748.4 million of capital, emphasizing build‑to‑suit projects—nine in‑process developments representing $345 million—and shifting 2026 investment volume toward development. Management reiterated 2026 AFFO guidance of $1.53‑$1.57 per share and set a $500‑$625 million investment target with modest disposition plans. Tenant risks such as Red Lobster exposure and the American Signature bankruptcy were addressed, with no bad‑debt impact.
Fiverr International Ltd (FVRR) Q4 2025 Earnings Call Transcript
Fiverr International posted Q4 2025 revenue of $107.2 million, a 3% year‑over‑year increase, and achieved a record adjusted EBITDA margin of 25% at $26.5 million. The company announced a strategic shift toward high‑value, AI‑native projects, de‑prioritizing low‑end transactions, and unveiled a four‑pillar...
Onespaworld Holdings Ltd (OSW) Q4 2025 Earnings Call Transcript
OneSpaWorld Holdings Ltd reported record Q4 2025 results, with total revenue of $242.1 million, an 11% year‑over‑year increase, and adjusted EBITDA rising to $31.2 million. Net income slipped to $12.1 million because of $5.7 million in restructuring and impairment charges tied to exiting Asian...
Molson Coors Beverage Co (TAP) Q4 2025 Earnings Call Transcript
Molson Coors reported over $1.1 billion free cash flow for 2025 and expects a similar amount in 2026. The company launched a three‑year, $450 million cost‑savings initiative and doubled its share‑repurchase authorization to $4 billion, extending the program to 2031. Net debt fell...
Coeur Mining Inc (CDE) Q4 2025 Earnings Call Transcript
Coeur Mining reported a historic 2025, with gold output soaring 723% year‑over‑year to a record level and silver production rising 5%. EBITDA more than doubled to over $1 billion and free cash flow flipped to $666 million, while cash balances grew tenfold....
Mativ Holdings Inc (MATV) Q4 2025 Earnings Call Transcript
Mativ Holdings reported Q4 2025 net sales of $463 million, a 1% rise year‑over‑year and 1.9% organic growth, while adjusted EBITDA climbed 19% to $53.5 million with margins expanding by 180 basis points. Free cash flow surged to $94 million, more than doubling...
Clearwater Analytics Holdings Inc (CWAN) Q4 2025 Earnings Call Transcript
Corebridge Financial reported a strong fourth‑quarter 2025, posting adjusted pretax operating income of $760 million and operating EPS of $1.22, a 15% year‑over‑year increase. Total sales reached a record $42 billion, up 4%, while the company returned $2.6 billion to shareholders, lifting the...
CVR Energy Inc (CVI) Q4 2025 Earnings Call Transcript
CVR Energy reported a Q4 2025 net loss of $10 million and EBITDA of $20 million, with full‑year EBITDA of $211 million. Ammonia plant utilization fell to 64% due to a Coffeyville turnaround and air‑separation unit issues, while UAN and ammonia prices rose...
Verisk Analytics Inc (VRSK) Q4 2025 Earnings Call Transcript
Verisk Analytics reported Q4 2025 GAAP revenue of $779 million, up 5.9%, while GAAP net income fell 6.2% to $197 million due to early debt‑extinguishment costs and the absence of prior‑year investment gains. Subscription revenue, which now represents 84% of total sales,...
ONE Gas Inc (OGS) Q4 2025 Earnings Call Transcript
ONE Gas reported a full‑year 2025 net income of $264 million and adjusted net income of $271 million, delivering $4.37 GAAP EPS and $4.48 adjusted EPS. The company introduced a non‑GAAP adjustment to reflect the impact of Texas House Bill 4384, which...
Garmin Ltd (GRMN) Q4 2025 Earnings Call Transcript
Garmin reported a record Q4 2025 with consolidated revenue of $2.13 billion, a 17% year‑over‑year increase, and full‑year revenue of $7.25 billion, up 15%. Gross margin held steady at 59.2% while operating margin rose to 28.9%, delivering $614 million operating income. The company...
Figma Inc (FIG) Q4 2025 Earnings Call Transcript
Figma reported Q4 2025 revenue of $304 million, a 40% year‑over‑year increase, and full‑year revenue of $1.056 billion, surpassing guidance. Net dollar retention rose to 136% for customers above $10 k ARR, while AI credits are now used weekly by 75% of those...
Wingstop Inc (WING) Q4 2025 Earnings Call Transcript
W.P. Carey reported a 5.7% year‑over‑year increase in AFFO per share to $4.97, topping the midpoint of its guidance. The REIT completed a record $2.1 billion of 2025 investments, heavily weighted toward industrial and retail assets, while generating attractive 150‑basis‑point spreads...
Texas Pacific Land Corp (TPL) Q4 2025 Earnings Call Transcript
Texas Pacific Land Corp reported record fourth‑quarter 2025 results, with oil and gas royalty production rising 23% year‑over‑year and water sales surpassing 1 million barrels per day, up 36%. Full‑year free cash flow hit a record $498 million, an 8% increase, while...
PROG Holdings Inc (PRG) Q4 2025 Earnings Call Transcript
PROG Holdings reported a 12.1% rise in consolidated GMV for 2025, driven by a 144% surge in its For platform that generated roughly $730 million. Progressive Leasing GMV declined 8.6% after the Big Lots bankruptcy and tighter underwriting, yet the segment kept...
American States Water Co (AWR) Q4 2025 Earnings Call Transcript
American States Water Company reported GAAP earnings per share of $0.87 for Q2 2025, a $0.02 increase year‑over‑year, driven by newly approved water and electric rates. The water segment posted EPS of $0.73 and the electric segment $0.03, while operating...
Moody's Corp (MCO) Q4 2025 Earnings Call Transcript
Moody's Corp reported a record $7.7 billion total revenue for 2025, up 9% year‑over‑year, with equal growth in its Ratings and Analytics segments. Adjusted operating margin expanded to 51.1%, a 300‑basis‑point increase, while adjusted diluted EPS rose 20% to $14.94, marking...
Host Hotels & Resorts Inc (HST) Q4 2025 Earnings Call Transcript
Host Hotels & Resorts reported FY 2025 adjusted EBITDA of $1.757 billion, a 4.6% increase, and adjusted FFO of $2.07 per share, both surpassing guidance. Comparable hotel RevPAR rose 4.2% for the year and 5.4% in Q4, outpacing the upper‑tier industry...
Jack in the Box Inc (JACK) Q1 2026 Earnings Call Transcript
Jack in the Box reported a 6.7% decline in system same‑store sales for Q1 2026, with restaurant‑level margins compressing to 16.1% from 23.2%. The company completed the Del Taco divestiture, used proceeds to prepay $105 million of debt and lowered its net‑debt/adjusted‑EBITDA leverage...
Nextdoor Holdings Inc (NXDR) Q4 2025 Earnings Call Transcript
Nextdoor reported Q4 2025 revenue of $69 million, a 7% YoY increase and the highest quarterly revenue in its history. Adjusted EBITDA reached $8 million, delivering an 11% margin and marking the company’s strongest profitability quarter. Self‑serve advertising grew 32% YoY, now...
Omnicom Group Inc (OMC) Q4 2025 Earnings Call Transcript
Omnicom Group announced a post‑IPG acquisition restructuring aimed at delivering $1.5 billion of run‑rate synergies, doubling its original target, with $900 million expected in 2026. The company retained a $23.1 billion revenue base, achieving roughly 4% organic growth while planning to divest $2.5 billion...
Jones Lang LaSalle Inc (JLL) Q4 2025 Earnings Call Transcript
Jones Lang LaSalle (JLL) posted record 2025 results, with revenue rising 11% to an all‑time high and adjusted EBITDA climbing 22% to $1.45 billion. Fourth‑quarter leasing revenue surged 17%, led by a 26% jump in office leasing, while free cash flow...
Gladstone Commercial Corp (GOOD) Q4 2025 Earnings Call Transcript
Gladstone Commercial Corp reported a strong Q4 2025, highlighted by $260 million of industrial acquisitions at an 8.88% cap rate and a rise in industrial rent share to 69% of annualized straight‑line rent. The company expanded its syndicated credit facility to...
Herbalife Ltd (HLF) Q4 2025 Earnings Call Transcript
Herbalife Nutrition reported Q4 2025 net sales of $1.3 billion, a 6.3% year‑over‑year increase, and full‑year sales just over $5 billion, surpassing guidance. Strong growth in India—up nearly 15% after a GST rate cut—offset declines in China, while adjusted EBITDA reached $156 million...
Nordson Corp (NDSN) Q1 2026 Earnings Call Transcript
Nordson Corp reported a record first‑quarter revenue of $669 million, a 9% year‑over‑year increase driven by 7% organic growth, especially in its Advanced Technology Solutions (ATS) segment. Adjusted earnings per share rose 15% to $2.37, beating guidance, while EBITDA reached $203 million...
American Water Works Co Inc (AWK) Q4 2025 Earnings Call Transcript
American Water reported adjusted earnings of $5.64 per share for 2025, an 8.9% increase year‑over‑year, and affirmed 2026 EPS guidance of $6.02‑$6.12. The utility deployed roughly $3.2 billion in capital projects, emphasizing pipe replacement, treatment upgrades, PFAS remediation, lead line removal...
TrueBlue Inc (TBI) Q4 2025 Earnings Call Transcript
TrueBlue Inc. reported Q4 2025 revenue of $418 million, an 8% increase that hit the top of its outlook range, driven by 5% organic growth and a 3‑point boost from the HSB acquisition. Gross margin slipped to 21.5% from 26.6% as...
LCI Industries (LCII) Q4 2025 Earnings Call Transcript
LCI Industries reported a strong fiscal fourth‑quarter, posting $933 million in net sales, a 16% year‑over‑year increase, and a GAAP net income of $19 million, more than double the prior year. OEM sales surged 18% to $737 million, driven by double‑digit growth in...
Cheesecake Factory Inc (CAKE) Q4 2025 Earnings Call Transcript
The Cheesecake Factory reported Q4 2025 revenue of $961.6 million, including $17.3 million from gift‑card breakage, and adjusted diluted EPS of $1, meeting the top end of its outlook. Comparable sales fell 2.2% at the flagship Cheesecake Factory and 4% at North...
Western Midstream Partners LP (WES) Q4 2025 Earnings Call Transcript
Western Midstream Partners highlighted a disciplined capital strategy, cutting 2026 capex to $150 million—a 40% drop from 2025—and targeting under $75 million in 2027‑28. The company underscored that roughly 95% of 2026 revenue is shielded by minimum volume commitments, delivering predictable cash...
Seven Hills Realty Trust (SEVN) Q4 2025 Earnings Call Transcript
Seven Hills Realty Trust reported Q4 2025 distributable earnings of $0.28 per share, reflecting a $0.03 dilution from its December rights offering that raised $61.5 million. The loan portfolio expanded 13% to $724.5 million across 24 floating‑rate first‑mortgage loans, maintaining a 7.92%...
Community Health Systems Inc (CYH) Q4 2025 Earnings Call Transcript
Community Health Systems reported a 2.1% year‑over‑year increase in same‑store net revenue for Q4 2025, driven by rate growth and higher acuity, while adjusted EBITDA reached $395 million with a 12.7% margin. The company continued its aggressive deleveraging, cutting net leverage...
Travel + Leisure Co (TNL) Q4 2025 Earnings Call Transcript
Travel + Leisure Co (TNL) posted Q4 2025 revenue of $1.03 billion, a 4% year‑over‑year increase, and adjusted EBITDA of $272 million, up 8% with expanding margins. Full‑year EPS rose 10% to $6.34 and free cash flow grew 16% to $516 million, supporting...
Insulet Corp (PODD) Q4 2025 Earnings Call Transcript
Inspire Medical Systems reported a strong fourth‑quarter, with revenue rising 12% to $269 million and full‑year sales up 14% to $912 million, driven by existing and new center growth. The company set 2026 revenue guidance between $950 million and $1 billion, reflecting a 4%‑10%...
MFA Financial Inc (MFA) Q4 2025 Earnings Call Transcript
MFA Financial reported Q4 2025 GAAP net income of $54.3 million ($0.42 per share) and a full‑year economic return of roughly 9%. The REIT acquired $1.9 billion of loans and securities, notably expanding its Agency MBS book by 50% to $3.3 billion and adding...
Mister Car Wash Inc (MCW) Q4 2025 Earnings Call Transcript
Mister Car Wash reported Q3 2025 revenue of $263 million, a 6% year‑over‑year increase, and adjusted EBITDA of $87 million, up 10% to a record 32.9% margin. Membership growth drove the results, with the Unlimited Wash Club reaching 2.2 million members and the...
Reliance Inc (RS) Q4 2025 Earnings Call Transcript
Reliance Steel & Aluminum reported record 6.4 million tons shipped in FY 2025, raising U.S. market share to about 17 percent. Volume growth was offset by a $114 million LIFO expense that pushed the non‑GAAP gross profit margin to 28.8 percent, just below the 29‑31 percent...
Analog Devices Inc (ADI) Q1 2026 Earnings Call Transcript
Analog Devices reported Q1 2026 revenue of $3.16 billion, a 30% year‑over‑year increase and near the top of its guidance range. Industrial sales accounted for 47% of revenue, rising 38% YoY, while communications surged 63% YoY on strong data‑center demand. Gross...
Openlane Inc (OPLN) Q4 2025 Earnings Call Transcript
Openlane Inc. posted Q4 2025 revenue of $494 million, up 9% year‑over‑year, and adjusted EBITDA of $76 million, a 5% increase. Dealer‑to‑dealer volumes accelerated above 20% in the quarter, while GMV rose 8% to $7.1 billion. The company repurchased more than half of...
Booking Holdings Inc (BKNG) Q4 2025 Earnings Call Transcript
Booking Holdings reported a 9% year‑over‑year increase in room nights to 285 million in Q4 2025, pushing gross bookings and revenue up 16% (11% on a constant‑currency basis). Adjusted EBITDA rose 19% to $2.2 billion and adjusted EPS grew 17% to $48.8,...
Jackson Financial Inc (JXN) Q4 2025 Earnings Call Transcript
Jackson Financial Inc. reported a strong fourth‑quarter 2025, posting adjusted operating earnings of $455 million and a 12% year‑over‑year earnings increase. Retail annuity sales hit a record $20 billion, while full‑year free capital generation rose to nearly $1.4 billion, supporting a $862 million capital...
Clearwater Paper Corp (CLW) Q4 2025 Earnings Call Transcript
Clearwater Paper reported $1.6 billion in net sales for 2025, a 12% year‑over‑year increase driven by the full‑year operation of the Augusta mill and higher shipments. Adjusted EBITDA rose to $107 million, up $71 million from the prior year, reflecting aggressive cost cuts...
Avis Budget Group Inc (CAR) Q4 2025 Earnings Call Transcript
Avis Budget Group reported full‑year adjusted EBITDA of $748 million, missing its $900 million target by about $150 million, with the shortfall confined to the Americas segment. The company recorded a $500 million impairment on its electric‑vehicle fleet and generated $180 million in cash by...
Kadant Inc (KAI) Q4 2025 Earnings Call Transcript
Kadant reported record Q4 2025 revenue of $286 million, an 11% increase driven primarily by acquisitions and a stronger aftermarket parts mix that now represents 71% of total sales. Adjusted EBITDA rose 11% to $58 million, maintaining a 20.3% margin, while adjusted...
CF Industries Holdings Inc (CF) Q4 2025 Earnings Call Transcript
Nutrien reported adjusted EBITDA of $6.05 billion for 2025, a 13% increase, driven by record fertilizer sales of 27.5 million tonnes and disciplined cost management. Potash automation reached 49%, keeping controllable cash costs at $58 per tonne, while nitrogen volumes rose to...
Blue Owl Capital Corp (OBDC) Q4 2025 Earnings Call Transcript
Blue Owl Capital Corp completed a $400 million loan sale at 99.7% of book value within a $1.4 billion syndicated asset transaction, confirming the fairness of its NAV marks. The firm repurchased $148 million of stock at a 14% discount to NAV, the...
Solaredge Technologies Inc (SEDG) Q4 2025 Earnings Call Transcript
Solstice Advanced Materials, newly independent after its October 2025 spin‑off from Honeywell, posted full‑year 2025 net sales of $3.9 billion, up 3% YoY (6% excluding opportunistic nuclear sales). Fourth‑quarter revenue rose 8% to $987 million, but adjusted EBITDA fell 20% to $189 million...
Global Payments Inc (GPN) Q4 2025 Earnings Call Transcript
Global Payments reported Q4 2020 results that beat expectations, delivering double‑digit earnings‑per‑share growth and a 210‑basis‑point increase in operating margin. Adjusted net revenue reached $6.75 billion, a modest 5% decline year‑over‑year, while technology‑enabled services now represent 60% of the business. The...
OGE Energy Corp (OGE) Q4 2025 Earnings Call Transcript
OGE Energy Corp reported 2025 consolidated earnings per share of $2.32, hitting the top of its guidance range, and set 2026 EPS guidance at $2.43 with a 5‑7% long‑term growth target. Net income rose to $471 million, while the company announced...
HF Sinclair Corp (DINO) Q4 2025 Earnings Call Transcript
HF Sinclair reported record adjusted EBITDA of $564 million in Q4 2025 and $2.3 billion for the full year, driven by higher refinery margins and EPA RINs waivers. The company achieved an all‑time throughput of 652,000 bpd while cutting operating costs to $7.67 per...