UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 10-Q (Mark One) ☒ Quarterly Report Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 For the quarterly period ended September 30, 2025 or ☐ Transition Report Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 For the transition period from ______________ to ______________ Commission File Number 1-3548 ALLETE, Inc. (Exact name of registrant as specified in its charter) (State or other jurisdi ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended October 3, 2025 Or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission file number: 1-8703 WESTERN DIGITAL CORPORATION incorporation or organization) (I.R.S. Employer Identification No.) 5601 Great Oaks Parkway, Sa ...

Financial Results - The Carlyle Group Inc. announced its financial results for Q3 2025, ending September 30, 2025[4] - The earnings presentation and summary press release were issued on October 31, 2025[3] - The report includes detailed financial metrics and operational performance indicators[4] - The financial statements and exhibits are available as part of the report[5] - The report is not deemed "filed" under the Securities Exchange Act of 1934[4] Company Information - The company is listed on the Nasdaq Global Select Market under the trading symbol CG[2] - The Chief Financial Officer, John C. Redett, signed the report[9] Product and Market Activity - The report does not indicate any new product launches or technological advancements during this period[3] - There is no mention of market expansion or acquisitions in the current report[3] - The company has not disclosed specific future guidance or outlook in this report[3]

UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, DC 20549 For the transition period from ________________ to ___________________ Commission File Number Registrant; State of Incorporation; Address; and Telephone Number IRS Employer Identification No. 001-09057 WEC ENERGY GROUP, INC. 39-1391525 (A Wisconsin Corporation) 231 West Michigan Street P.O. Box 1331 Milwaukee, WI 53201 (414) 221-2345 Securities registered pursuant to Section 12(b) of the Act: | | | Name of Each Exchange on Which | | --- | ...

Financial Performance - As of September 30, 2025, the net asset value (NAV) per common share decreased to $10.17 from $10.91 at June 30, 2025, primarily due to a net loss on investments of $0.58 per common share[142]. - Total investment income for the quarter ended September 30, 2025, increased to $10.6 million from $10.5 million in the prior quarter, driven by non-recurring interest and dividend income[143]. - A net loss on investments of $7.8 million was recognized for the quarter ended September 30, 2025, attributed to a net realized loss of $4.6 million and net unrealized depreciation of $3.1 million[145]. - For the three months ended September 30, 2025, total investment income increased to $10.6 million from $10.5 million in the prior quarter, driven by non-recurring income[180]. - Net loss on investments for the three months ended September 30, 2025, was $7.8 million, primarily due to unrealized depreciation on equity investments[191]. - For the nine months ended September 30, 2025, total investment income decreased by $5.0 million compared to the prior year, mainly due to a $3.3 million decrease in total interest income[184]. - Net loss on investments for the nine months ended September 30, 2025, was $31.4 million, consisting of $20.0 million in unrealized depreciation and $11.4 million in realized losses[193]. Debt and Financing - The total outstanding debt decreased from $243.4 million at June 30, 2025, to $239.2 million at September 30, 2025, while the weighted-average debt interest costs increased to 6.67% from 6.21%[144]. - The company had $239.2 million of outstanding debt with a weighted-average effective interest rate of 7.03% as of September 30, 2025[205]. - The company redeemed $94.0 million of Unsecured Notes Due February 2026, resulting in a loss on extinguishment of debt of $0.3 million[215]. - The company issued $69.0 million in Unsecured Notes Due July 2028, with net proceeds of $67.3 million after fees[212]. - The company entered into a private placement for a $25.0 million Unsecured Note Due August 2029, with net proceeds of $24.2 million[213]. - The BNP Facility had outstanding debt of $59.2 million as of September 30, 2025, with an effective interest rate of 7.19%[220]. - Approximately 62% of the company's outstanding debt matures in more than two years, and 75% is unsecured[205]. Asset Management - As of September 30, 2025, the asset coverage ratio was 157%, exceeding the minimum requirement of 150% under the 1940 Act[146]. - The fair value of the debt investment portfolio totaled $205.6 million across 33 portfolio companies, with approximately 88% being first lien debt investments[157]. - The company had non-accrual loans with an aggregate fair value of $23.1 million, representing 6.2% of total investments at fair value[145]. - As of September 30, 2025, 100% of the loan portfolio and 56% of the total portfolio consisted of first lien and second lien loans[164]. - The three largest industries by fair value in the Portfolio Company Investments were Manufacturing (32.6%), Health Care and Social Assistance (20.8%), and Real Estate and Rental and Leasing (7.3%), totaling approximately 60.7%[165]. - As of September 30, 2025, approximately 81% of investments were qualifying assets, in compliance with BDC regulations[224]. Cash and Liquidity - As of September 30, 2025, the company held cash and cash equivalents of $5.0 million, including $2.5 million held by OFSCC-FS[197]. - The company had an unused commitment of $25.0 million under the Banc of California Credit Facility, which is scheduled to mature on February 28, 2026[198]. - Cash from net investment income for the nine months ended September 30, 2025, decreased by $1.9 million compared to the same period in 2024[202]. - The company expects to fund portfolio growth through current borrowings and future capital raises, but cannot assure stockholders of success[222]. - The reinvestment period of the BNP Facility expired on September 30, 2025, potentially constraining short-term liquidity if a new credit facility is not established[199]. Distributions - On October 28, 2025, a distribution of $0.17 per share was declared for the fourth quarter of 2025, payable on December 31, 2025[148]. - The Board declared a distribution of $0.17 per share for the fourth quarter of 2025, payable on December 31, 2025[237].

Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 10-Q ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended September 30, 2025 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission file number 1-9810 Owens & Minor, Inc. (Exact name of Registrant as specified in its charter) Virginia 54-1701843 (State or other jur ...

Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, DC 20549 _________________________________________________________ FORM 10-Q _________________________________________________________ (Mark One) x QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended September 30, 2025 OR o TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from ____ to ____ Commissio ...

Financial Performance - Net sales for Q3 2025 were $581.7 million, a 9% increase compared to Q3 2024, while year-to-date (YTD) sales reached $1.6 billion, up 6% from the previous year[95] - Gross profit for Q3 2025 was $208.7 million, representing a gross profit margin of 35.9%, compared to 35.7% in Q3 2024[104][105] - Diluted earnings per share for Q3 2025 decreased to $0.37, down $0.80 from Q3 2024, primarily due to a pension settlement loss of $41.7 million net of tax[95] - Net income for Q3 2025 was $17.2 million, a decrease from $54.9 million in Q3 2024, with diluted earnings per share dropping from $1.17 to $0.37[121] Sales Growth - Water Systems net sales increased by 11% in Q3 2025 and 7% YTD, driven by acquisitions and favorable volumes[98] - Energy Systems net sales rose 15% in Q3 2025 and 9% YTD, primarily due to price realization and favorable volumes[101] - Distribution segment net sales increased by 3% in Q3 2025 and 2% YTD, attributed to higher volumes and price realization[103] Operating Income and Expenses - Operating income for Q3 2025 was $85.1 million, an increase of 16% compared to Q3 2024, with a consolidated operating income margin of 14.6%[108] - SG&A expenses were $123.5 million in Q3 2025, with an SG&A ratio of 21.2%, down from 21.8% in Q3 2024[106] Acquisitions - The Company completed acquisitions of Barnes de Colombia S.A. and PumpEng Pty Ltd, contributing $37.2 million in incremental net sales in the first nine months of 2025[93] Cash Flow and Investments - Net cash provided by operating activities was $134.7 million for the first nine months of 2025, down from $151.1 million in the same period of 2024[131] - Net cash used in investing activities increased significantly to $137.1 million in the first nine months of 2025, compared to $29.3 million in 2024, primarily due to acquisitions[132] Debt and Interest - Interest expense increased to $3.5 million in Q3 2025 from $1.6 million in Q3 2024, driven by higher outstanding debt[115] - As of September 30, 2025, the company had a $350.0 million revolving credit facility with $277.3 million available for borrowing[123] - The company maintains a remaining borrowing capacity of $200.0 million under the Prudential Agreement as of September 30, 2025[124] Tax and Foreign Exchange - The effective tax rate rose to 26.9% in Q3 2025 from 23.6% in Q3 2024, influenced by foreign earnings and less favorable discrete events[120] - Foreign exchange transactions resulted in an expense of $2.7 million in Q3 2025, compared to a gain of $0.1 million in Q3 2024, mainly due to losses from the Argentine Peso and Turkish Lira[118] Pension and Other Charges - The company reported a pension settlement charge of $55.3 million in Q3 2025 related to the Franklin Electric Co., Inc. Pension Plan[117] - The Company anticipates ongoing uncertainty regarding the impact of tariffs and global trade policies on its consolidated results[94] Cash Holdings - Cash and cash equivalents held in foreign jurisdictions amounted to $62.7 million, intended for funding foreign operations[127]

Financial Performance - Net income for Q3 2025 was $100.3 million, or $10.67 per share, down from $132.3 million, or $13.79 per share in Q3 2024[3] - Operating profit for petroleum additives in Q3 2025 was $131.3 million, down 16.6% from $157.5 million in Q3 2024[4] - Specialty materials operating profit for Q3 2025 was $6.0 million, down from $16.0 million in Q3 2024[6] - Operating profit for the nine months ended September 30, 2025, was $433,697, a decrease of 5.1% compared to $457,275 for the same period in 2024[24] - Net income for Q3 2025 was $100,269, down 24.2% from $132,322 in Q3 2024[24] - EBITDA for the nine months ended September 30, 2025, was $566,436, a slight decrease from $579,151 in the same period of 2024[27] Sales Performance - Petroleum additives sales for Q3 2025 were $649.1 million, a decrease of 2.8% from $663.0 million in Q3 2024[4] - Specialty materials sales for Q3 2025 were $38.2 million, a decline of 35.3% from $59.1 million in Q3 2024[6] - For the first nine months of 2025, petroleum additives sales were $1.9 billion, compared to $2.0 billion in the same period of 2024[5] - Specialty materials sales for the first nine months of 2025 increased to $133.9 million from $114.2 million in the same period of 2024[7] - Net sales for Q3 2025 were $690,311, a decrease of 4.8% from $724,947 in Q3 2024[24] Assets and Debt - Cash and cash equivalents increased to $102,455 as of September 30, 2025, compared to $77,476 at December 31, 2024[25] - Total assets rose to $3,234,190 as of September 30, 2025, from $3,129,541 at December 31, 2024[25] - Net debt decreased to $680,649 as of September 30, 2025, from $893,805 at December 31, 2024[28] - Net Debt to EBITDA ratio improved to 0.9 as of September 30, 2025, following a reduction in long-term debt by $188.2 million[10] - Net borrowings under the revolving credit facility were $11,000 for the nine months ended September 30, 2025, compared to $191,000 in the same period of 2024[26] Dividends - The quarterly dividend was increased by 9% to $3.00 per share, payable January 2, 2026[11] - The company declared cash dividends of $2.75 per share in Q3 2025, an increase from $2.50 in Q3 2024[24] Acquisitions - The company acquired Calca Solutions, LLC on October 1, 2025, enhancing its specialty materials segment[8]

Financial Performance - Federated Hermes reported Q3 2025 earnings per diluted share (EPS) of $1.34, up 26.4% from $1.06 in Q3 2024, with net income of $104.1 million compared to $87.5 million last year[1][2]. - Revenue for Q3 2025 increased by $61.0 million or 15%, primarily due to higher average money market and equity assets[9][12]. - Total revenue for Q3 2025 reached $469,446,000, a 15% increase from $408,456,000 in Q3 2024[24]. - Net income for Q3 2025 was $104,126,000, reflecting a 19% growth compared to $87,538,000 in Q3 2024[24]. - Investment advisory fees, net, increased by 13% to $310,366,000 in Q3 2025 from $274,621,000 in Q3 2024[24]. - For the nine months ended September 30, 2025, total revenue was $1,317,830,000, a 9% increase from $1,207,410,000 in the same period of 2024[25]. - Net income for the nine months ended September 30, 2025, was $296,260,000, a 61% increase from $183,598,000 in the prior year[25]. Assets Under Management - Total assets under management reached a record $871.2 billion as of September 30, 2025, an increase of $70.7 billion or 9% from $800.5 billion a year earlier[2][7]. - Money market assets were a record $652.8 billion, up $59.8 billion or 10% from $593.0 billion at the same time last year[8][9]. - Fixed-income assets also reached a record $101.8 billion, increasing by $1.6 billion or 2% from $100.2 billion at September 30, 2024[5][7]. - Equity assets totaled $94.7 billion, up $11.1 billion or 13% from $83.6 billion a year ago[4][7]. - Alternative/private markets assets decreased to $19.0 billion, down $1.7 billion or 8% from the previous year[6][7]. - Total Managed Assets increased to $871,200 million as of September 30, 2025, up from $800,451 million a year earlier, representing a growth of 8.8%[34]. - Total long-term assets reached $218,433 million, an increase of 5.4% from $207,421 million in the same quarter last year[34]. Expenses - Operating expenses rose by $43.3 million or 15%, mainly due to increased distribution expenses and fluctuations in foreign currency exchange rates[10][12]. - Total operating expenses for Q3 2025 were $339,994,000, up 15% from $296,714,000 in Q3 2024[24]. Dividends - The company declared a dividend of $0.34 per share, payable on November 14, 2025[3][7]. Market Activity - Total sales for the quarter amounted to $15,105 million, compared to $14,054 million in the previous quarter, showing an increase of 7.5%[27]. - Total redemptions for the quarter were $15,245 million, slightly higher than $14,520 million in the previous quarter, reflecting an increase of 5.0%[27]. - Market gains for the quarter were $7,729 million, compared to $6,657 million in the previous quarter, representing a growth of 16.1%[27]. - Net sales (redemptions) for the quarter were a loss of $140 million, compared to a loss of $466 million in the previous quarter, indicating an improvement[27]. - The company reported a total of $43,663 million in sales for the nine months ended September 30, 2025, significantly up from $32,613 million in the same period last year, reflecting a year-over-year increase of 33.5%[27]. Equity and Liabilities - Total assets as of September 30, 2025, amounted to $2,182,270,000, compared to $2,084,684,000 at the end of 2024[26]. - Current liabilities decreased to $256,400,000 as of September 30, 2025, from $289,193,000 at the end of 2024[26]. - Equity excluding treasury stock increased to $1,993,883,000 as of September 30, 2025, from $1,728,044,000 at the end of 2024[26].