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V2X(VVX) - 2025 Q4 - Annual Report
2026-02-23 21:06
Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form 10-K (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 or (Exact name of registrant as specified in its charter) ☐ 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: 001-36341 V2X, Inc. (State or other jurisdiction of incorporati ...
Invesco Mortgage Capital (IVR) - 2025 Q4 - Annual Report
2026-02-23 21:06
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 001-34385 UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 10-K (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 Invesco Mortgage Capital Inc. (Exact name of registrant as specified in its charter) Maryland 26-2749336 (State or other jurisd ...
Diamondback Energy(FANG) - 2025 Q4 - Annual Results
2026-02-23 21:05
Financial Performance - For the full year 2025, net cash provided by operating activities reached $8.8 billion, with free cash flow totaling $5.5 billion, representing 54% of adjusted free cash flow returned to shareholders[9]. - Total revenues for the year ended December 31, 2025, were $15,026 million, a 36% increase from $11,066 million in 2024[38]. - Net income attributable to Diamondback Energy, Inc. for the year ended December 31, 2025, was $1,664 million, compared to $3,338 million in 2024, reflecting a decrease of 50%[38]. - Adjusted EBITDA for the year ended December 31, 2025, was $9,536 million, up from $7,282 million in 2024, reflecting a 31% increase[48]. - Free Cash Flow for the year ended December 31, 2025, was $5,549 million, compared to $3,642 million in 2024, indicating a 52.5% growth[54]. - Adjusted Free Cash Flow for the year ended December 31, 2025, was $5,892 million, compared to $4,007 million in 2024, marking a 47.0% increase[54]. Production and Reserves - Average oil production for Q4 2025 was 512.8 MBO/d, with net cash provided by operating activities of $2.3 billion and free cash flow of $1.0 billion[4]. - Proved reserves as of December 31, 2025, were 3,618 MMBOE, up 2% year over year, with proved developed producing reserves increasing by 6% to 2,521 MMBOE[9]. - The company expects full year 2026 oil production guidance of 500 - 510 MBO/d and cash capital expenditures guidance of $3.6 - $3.9 billion[9]. - The company achieved a reserve replacement ratio of 118% in 2025, with net proved reserve additions of 396,618 MBOE[25]. - Diamondback expects to convert approximately 38% of its proved undeveloped reserves to proved developed reserves in 2026, aiming to develop about 89% of the consolidated 2025 year-end proved undeveloped reserves by the end of 2028[26]. Debt and Capital Expenditures - Consolidated total debt as of December 31, 2025, was $14.7 billion, down 11% quarter over quarter, while net debt decreased to $14.6 billion, down 8%[4]. - Total cash capital expenditures for Q4 2025 were $943 million, with a total of $3.5 billion for the full year[14]. - The company reported total cash capital expenditures (CAPEX) of $3,523 million for the year ended December 31, 2025, compared to $2,867 million in 2024[54]. - Long-term debt increased to $13,726 million as of December 31, 2025, compared to $12,075 million in 2024, reflecting a 14% rise[40]. Shareholder Returns - The company increased its annual base dividend by 5% to $4.20 per share, with a declared Q4 2025 cash dividend of $1.05 per share[4]. - The company reported a total return of capital of $734 million, representing 73% of free cash flow and 62% of adjusted free cash flow[20]. - The company plans to return at least 50% of Adjusted Free Cash Flow to stockholders through share repurchases and dividends[53]. - In Q1 2026, the company has repurchased 2.27 million shares for $371 million at a weighted average price of $163.60 per share[9]. - The company repurchased shares under its repurchase program for a total of $1,705 million during the year ended December 31, 2025[42]. Operational Costs - Lease operating expenses for 2026 are expected to range from $5.90 to $6.40 per BOE, with cash G&A costs between $0.55 and $0.70 per BOE[30]. - Lease operating expenses increased to $1,865 million for the year ended December 31, 2025, up from $1,286 million in 2024, representing a 45% rise[38]. - Average cash costs per BOE were $10.31 in Q4 2025, slightly up from $10.30 in Q4 2024[44]. Market Conditions - Average realized oil price for Q4 2025 was $58.00 per barrel, down from $69.48 in Q4 2024[11]. - The realized price for oil in 2025 was $64.99 per barrel, while natural gas was $1.32 per Mcf, reflecting a decrease from $76.15 and $0.54 respectively in 2024[22]. - Average oil price per Bbl decreased to $58.00 in Q4 2025 from $69.48 in Q4 2024, a decline of 16.5%[44]. Impairments and Tax Impacts - The company reported an impairment of oil and natural gas properties amounting to $3,652 million for the year ended December 31, 2025[38]. - The company incurred $170 million in tax impact from divestitures for the year ended December 31, 2025[54]. Future Guidance and Events - The cash capital budget for 2026 is projected to be between $3,600 million and $3,900 million, with Q1 2026 capital expenditures estimated at $900 - $975 million[30]. - Diamondback will host a conference call on February 24, 2026, to discuss its Q4 2025 results, emphasizing the importance of investor relations communications[31].
EverQuote(EVER) - 2025 Q4 - Annual Results
2026-02-23 21:05
Exhibit 99.1 (Unless otherwise noted, all comparisons are relative to the fourth quarter of 2024). Full Year 2025 Highlights: (Unless otherwise noted, all comparisons are relative to full year 2024 results). • Fourth Quarter Revenue Grows 32% Year-Over-Year to $195.3 million • Fourth Quarter GAAP Net Income Increases to $57.8 million and Adjusted EBITDA Grows 32% Year-Over-Year • Full Year Revenue Grows 38% Year-Over-Year to $692.5 million • Full Year GAAP Net Income Increases to $99.3 million and Adjusted ...
Veris Residential(VRE) - 2025 Q4 - Annual Report
2026-02-23 21:04
Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 10-K 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 ¨ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 Commission File Number: 1-13274 Veris Residential, Inc. Commission File Number: 333-57103: Veris Residential, L.P. VERIS RESIDENTIAL, INC. VERIS RESIDENTIAL, L.P. (Exact Name of Registrant a ...
Avidity Biosciences(RNA) - 2025 Q4 - Annual Report
2026-02-23 21:04
Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, DC 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: 001-39321 AVIDITY BIOSCIENCES, INC. (Exact nam ...
Overstock.com(OSTK) - 2025 Q4 - Annual Results
2026-02-23 21:03
Bed Bath & Beyond, Inc. Reports Eighth Consecutive Quarter of Measurable Improvement Toward Profitability Q4 Reflects Strengthening Revenue Trends, Sustained Margin Expansion and a $118 Million Year-Over-Year Improvement in Operating Cash Flow Use MURRAY, Utah - February 23, 2026 - Bed Bath & Beyond, Inc. (NYSE:BBBY), owner of Bed Bath & Beyond, Overstock, buybuy BABY, Kirkland's Home and a blockchain asset portfolio, today reported financial results for the fourth quarter and full year ended December 31, 2 ...
Beyond(BYON) - 2025 Q4 - Annual Results
2026-02-23 21:03
Bed Bath & Beyond, Inc. Reports Eighth Consecutive Quarter of Measurable Improvement Toward Profitability The Company delivered its eighth consecutive quarter of measurable improvement toward profitability, reflecting continued margin expansion, disciplined cost management and consistent progress across key operating metrics. The Company has successfully built the base of its business through disciplined retail execution. We are building the first Everything Home Company designed to make homeownership and l ...
Colgate-Palmolive(CL) - 2025 Q4 - Annual Report
2026-02-23 21:03
Sales and Market Presence - Oral, Personal, and Home Care products accounted for 44%, 17%, and 16% of total worldwide net sales in 2025, respectively[15] - Pet Nutrition products represented 23% of total worldwide net sales in 2025, with products marketed in over 80 countries[16] - Sales to Walmart, Inc. and its affiliates constituted approximately 11% of net sales in 2025, with no other customer exceeding 10%[19] - The Oral Care segment is a substantial part of the business in the Asia Pacific region, indicating a strong market presence[15] Workforce and Leadership - Approximately 33,600 employees were reported as of December 31, 2025, with over 84% located outside the United States[27] - The Chief Operating Officer for the Americas joined the company in 2025, indicating recent leadership changes[37] - The company emphasizes a diverse workforce to enhance its marketing effectiveness and household penetration[29] Sustainability and Regulations - The company aims to achieve measurable targets in its 2030 sustainability strategy, focusing on preserving the environment, helping homes, and driving social impact[34] - The company is subject to extensive governmental regulations, including environmental rules, which did not materially affect capital expenditures or earnings in 2025[23] Competition and Market Risks - The company faces competition from multinational and local competitors, with significant growth in eCommerce and AI encouraging new entrants[21] - The company emphasizes the management of foreign currency, interest rate, commodity price, and credit risk exposure as part of its market risk strategy[276] Transparency and Reporting - The company provides free access to its Annual Reports on Form 10-K, Quarterly Reports on Form 10-Q, and other filings on its website[39]
Sonic Automotive(SAH) - 2025 Q4 - Annual Report
2026-02-23 21:02
UNITED STATES SECURITIES AND EXCHANGE COMMISSION FORM 10-K ___________________________________________________________________ ☒ 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 ☐ 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: 1-13395 ___________________________________________________________________ Washington, D.C. 20549 ___ ...