Trinity Capital (TRIN) - 2025 Q4 - Annual Report
2026-02-25 13:02
Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Maryland 35-2670395 (Mark One) ☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 (State or other jurisdiction of incorporation or organization) 1 N. 1 Street Suite 302 st FORM 10-K For the Fiscal Year Ended December 31, 2025 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 Commission file number: 001-39958 TRINITY CAPITAL INC. (Exact name ...
Atlanta Braves (BATRA) - 2025 Q4 - Annual Results
2026-02-25 13:00
Exhibit 99.1 ATLANTA BRAVES HOLDINGS REPORTS FOURTH QUARTER AND YEAR END 2025 FINANCIAL RESULTS Atlanta, Georgia, February 25, 2026 – Atlanta Braves Holdings, Inc. ("ABH") (Nasdaq: BATRA, BATRK) today reported results for its fourth quarter and year end 2025 results. Highlights include: Discussion of Results | | Three months ended | | | Twelve months ended | | | | --- | --- | --- | --- | --- | --- | --- | | | December 31, | | | December 31, | | | | | 2025 | 2024 | % Change | 2025 | 2024 | % Change | | | | a ...
Atlanta Braves (BATRK) - 2025 Q4 - Annual Results
2026-02-25 13:00
Exhibit 99.1 ATLANTA BRAVES HOLDINGS REPORTS FOURTH QUARTER AND YEAR END 2025 FINANCIAL RESULTS Atlanta, Georgia, February 25, 2026 – Atlanta Braves Holdings, Inc. ("ABH") (Nasdaq: BATRA, BATRK) today reported results for its fourth quarter and year end 2025 results. Highlights include: | | Three months ended | | | Twelve months ended | | | | --- | --- | --- | --- | --- | --- | --- | | | December 31, | | | December 31, | | | | | 2025 | 2024 | % Change | 2025 | 2024 | % Change | | | | amounts in thousands | ...
Icahn Enterprises(IEP) - 2025 Q4 - Annual Results
2026-02-25 13:00
Financial Performance - For Q4 2025, revenues were $2.7 billion, an increase from $2.6 billion in Q4 2024, with net income of $1 million compared to a net loss of $98 million in the prior year[1][5] - For the full year 2025, revenues totaled $9.7 billion, down from $10.0 billion in 2024, with a net loss of $299 million compared to a loss of $445 million in 2024[2] - Adjusted EBITDA for Q4 2025 was $281 million, significantly higher than $16 million in Q4 2024[5] - Adjusted EBITDA for Q4 2025 was $394 million, a significant increase from $46 million in Q4 2024[22] - Net income for Q4 2025 was $44 million, compared to a loss of $110 million in Q4 2024[22] - Adjusted EBITDA attributable to IEP for the year ended December 31, 2025, was $338 million, up from $184 million for the year ended December 31, 2024[22] Assets and Liabilities - As of December 31, 2025, total assets were $14.2 billion, down from $16.3 billion in 2024, while total liabilities decreased to $10.8 billion from $11.7 billion[12] - The indicative net asset value as of December 31, 2025, was approximately $3.2 billion, a decrease of $654 million from September 30, 2025, primarily due to a $778 million decrease in long positions[5] - Total market-valued subsidiaries and investments decreased to $4,530 million as of December 31, 2025, down from $5,043 million as of September 30, 2025[20] - Indicative net asset value as of December 31, 2025, was $3,166 million, a decrease from $3,820 million as of September 30, 2025[20] Cash Flow - Cash and cash equivalents decreased to $1.45 billion as of December 31, 2025, from $2.6 billion in 2024[12] Expenses - Interest expense for Q4 2025 was $99 million, up from $83 million in Q4 2024[22] - Depreciation and amortization for Q4 2025 was $195 million, compared to $129 million in Q4 2024[22] - Impairment charges for Q4 2025 were $28 million, with no impairment recorded in Q4 2024[22] - The company reported a loss on disposition of assets of $12 million in Q4 2025, compared to a gain of $1 million in Q4 2024[22] Company Operations - The company operates in various sectors including Investment, Energy, Automotive, Food Packaging, Real Estate, Home Fashion, and Pharma[6] Risks - The company highlighted risks related to economic downturns, competition, and operational costs that may impact future performance[7] Distribution - The company declared a quarterly distribution of $0.50 per depositary unit, to be paid on or about April 15, 2026[4] Real Estate Segment - The real estate segment's indicative gross asset value increased to $1,367 million as of December 31, 2025, from $692 million as of September 30, 2025[20]
Lakeland Financial (LKFN) - 2025 Q4 - Annual Report
2026-02-25 13:00
For the fiscal year ended December 31, 2025 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 Commission file number 0-11487 LAKELAND FINANCIAL CORPORATION Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 10-K ☒ ANNUAL REPORT PURSUANT TO SECTION 13 or 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 Indiana 35-1559596 (State of incorporation) (I.R.S. Employer Identification No.) 202 East Center Street, P.O. Box 1387, Warsa ...
ZETA(ZETA) - 2025 Q4 - Annual Report
2026-02-25 13:00
Data and Technology - Zeta's data set includes over 245 million individuals in the U.S. and more than 535 million globally, with an average of over 2,500 attributes per individual[26]. - The platform ingests more than one trillion content consumption signals per month, synthesizing this data into hundreds of intent-based audiences[27]. - Zeta has over 500 data scientists and engineers dedicated to developing new products and expanding data offerings, enhancing competitive advantages[46]. - The company has a patent portfolio of over 150 patents, including approximately 39 granted patents focused on machine learning and AI[77]. - The company collects extensive consumer data, including ad specifications and online behavior, which is critical for enhancing product offerings[138]. - The effectiveness of the platform relies on the ability to collect and use online data, which is threatened by changes in consumer behavior and regulatory restrictions[123]. - The company utilizes third-party open source software, which may expose it to liabilities and compromise the proprietary nature of its platform[158]. - The market for AI Technologies is rapidly evolving, and the company cannot guarantee continued growth or market acceptance of its AI products and services[163]. - The company uses AI Technologies licensed from third parties, and any changes in availability or pricing could harm its business[164]. Marketing and Sales - Zeta's AI-powered marketing solutions enable brands to optimize marketing spend, increasing return on investment (ROI) through real-time analytics and recommendations[31]. - The Zeta Marketing Platform (ZMP) consists of three core products: Email Service Provider (ESP), CDP+, and DSP, allowing customers to purchase individually or in combination[33]. - The company aims to further penetrate its existing customer base and increase marketing budget allocation to its platform through cross-selling and new features[44]. - Zeta is focused on acquiring new customers and expanding its sales capacity, leveraging its One Zeta model to accelerate growth[45]. - The company reported that 24% of its revenue for 2025 came from the consumer & retail sector, followed by travel and hospitality (11%), insurance (11%), telecommunications (10%), and financial services (8%)[57]. Financial Performance - For the year ended December 31, 2025, the company generated revenues of $1,000,000 or more from 184 super-scaled customers, representing 87% of total revenue[57]. - The company had a total of 2,651 customers as of December 31, 2025, an increase from 1,793 customers in 2024[57]. - The company’s top ten customers accounted for more than one-third of total revenue in 2025, with one customer exceeding 10% of total revenue[82]. - A significant portion of the company's revenue is derived from usage-based pricing, which is less stable than subscription-based pricing, posing risks to revenue growth if super-scaled customers reduce their usage[83]. - The company anticipates continued seasonal trends, with higher marketing activity in Q4 due to the holiday shopping season, leading to lower performance in Q1[64]. - The company has incurred substantial net operating losses (NOLs), which may be limited in their use if ownership changes occur[180]. Competition and Market Risks - The company faces intense competition characterized by price sensitivity and evolving distribution models, necessitating differentiation through AI-powered marketing solutions[59]. - The company must continuously respond to competitive pressures and technological changes to sustain and grow revenue, as the industry is intensely competitive[94]. - The company is subject to evolving data privacy laws, including the California Consumer Privacy Act (CCPA) and the General Data Protection Regulation (GDPR), impacting its data collection practices[67]. - The company may face increased scrutiny and regulatory actions in the technology industry, which could negatively impact operations and financial results[120]. Cybersecurity and Compliance - The company faces numerous cybersecurity risks, including potential data breaches that could adversely affect its business and financial performance[139]. - Employee-related cybersecurity risks are heightened due to remote and hybrid working arrangements, increasing the likelihood of unauthorized access to sensitive information[140]. - The company has implemented a cybersecurity risk management program based on frameworks such as NIST CSF and ISO 27001, assessed annually by third-party auditors[205]. - The company may incur significant costs related to cybersecurity breaches, including operational disruptions that could lead to decreased revenue[141]. - The company is subject to various consumer protection laws, including the Telephone Consumer Protection Act (TCPA), which could expose it to significant liabilities[127]. Legal and Regulatory Matters - The company is involved in various legal proceedings but does not currently face any litigation that could materially adversely affect its business or financial condition[217]. - A class action lawsuit was filed against the Company and its CEO and CFO in the U.S. District Court for the Southern District of New York on November 22, 2024[218]. - The lawsuit alleges false and misleading statements about the Company's business and operations between February 27, 2024, and March 10, 2025[218]. - The Company believes the claims made in the lawsuit are without merit and is vigorously defending itself[218]. Human Resources and Management - The company employs approximately 3,300 employees as of December 31, 2025, with around 2,000 located outside the U.S.[71]. - The company aims to enhance its total rewards programs, including flexible work schedules and 401(k) matching, to attract and retain talent[75]. - Retaining key management and hiring skilled employees is critical for the company's success, with intense competition for talent in the industry[105]. Financial Obligations and Capital Structure - The company has $200.0 million outstanding under its Senior Secured Credit Facility with Bank of America, secured by substantially all assets[172]. - Interest rates have fluctuated significantly, with the Federal Reserve raising rates in 2022 and 2023, which could adversely impact the company's financial condition[170]. - The company may need additional capital in the future to meet financial obligations and pursue business objectives, which may not be available on favorable terms[171]. - The company is subject to operating and financial covenants that may restrict its business and financing activities, potentially affecting its ability to pursue growth strategies[174]. Intellectual Property - Protecting intellectual property rights is challenging, and failure to do so could erode the company's competitive advantage[150]. - The company may face difficulties in enforcing its intellectual property rights in foreign countries, potentially leading to competitive disadvantages[151]. - The company relies on a combination of trade secrets, non-disclosure agreements, and intellectual property laws to protect its proprietary technology, but enforcement can be difficult and costly[153]. - Patent protection for the company's technology may not be obtained quickly enough to meet business needs, and the patent prosecution process is complex and expensive[154]. Operational Challenges - The company is subject to various environmental, social, and governance (ESG) matters, which may entail costs and reputational risks[117]. - The company is currently assessing the impact of the OBBBA on its financial condition and operations[179]. - The company has established internal controls over financial reporting but acknowledges that these controls may not prevent all errors or fraud, leading to potential material misstatements[192][193].
APi (APG) - 2025 Q4 - Annual Results
2026-02-25 12:41
Exhibit 99.1 APi Group Reports Record Fourth Quarter and Full Year 2025 Financial Results -Record fourth quarter net revenues of $2.1 billion, representing year-over-year growth of 14% and year-over-year organic growth of 11%- -Record fourth quarter reported net income of $97 million, representing year-over-year growth of 45%- -Record fourth quarter adjusted EBITDA of $295 million, representing year-over-year growth of 22% and adjusted EBITDA margin expansion of 90 basis points to 13.9%- -Record full year a ...
Medline(MDLN) - 2025 Q4 - Annual Results
2026-02-25 12:38
Medline Reports Fourth Quarter and Full Year 2025 Results NORTHFIELD, Ill., Feb. 25, 2026 – Medline Inc. ("Medline" or the "Company") (Nasdaq: MDLN), the largest provider of medical-surgical ("med-surg") products and supply chain solutions serving all points of care , today reported its operating results for the three months and full year ended December 31, 2025. 2 "We delivered strong fourth quarter results, concluding a successful 2025 with $2.4 billion in total new customer signings ," said Jim Boyle, Ch ...
CS Disco(LAW) - 2025 Q4 - Annual Report
2026-02-25 12:37
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-K (Mark One) x ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended December 31, 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 Commission file number 001-40624 CS Disco, Inc. (Exact name of registrant as specified in its charter) | Delaware | 46-4254444 | | --- | --- | | (State or other ...
MGP Ingredients(MGPI) - 2025 Q4 - Annual Report
2026-02-25 12:34
UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, DC 20549 FORM 10-K ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 (Mark One) ☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended December 31, 2025 100 Commercial Street, Box 130 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 0-17196 ...