Aggregate Reserves and Production - Knife River Corporation has 1.3 billion tons of aggregate reserves, with approximately 35% expected to be used internally by 2025 for downstream products and contracting services [19]. - The total annual aggregate production for 2025 was 27.7 million tons, with a breakdown of 10.6 million tons of crushed stone and 17.1 million tons of sand and gravel [205]. - The total aggregate reserves as of December 31, 2025, include 716,970 thousand tons of crushed stone and 440,362 thousand tons of sand and gravel [208]. - As of December 31, 2025, the company has total proven and probable reserves of 1.20 billion tons located on production stage properties and 104 million tons on developmental stage properties [212]. - Aggregate resources as of December 31, 2025, include 194,494 thousand tons of measured aggregate and 382,246 thousand tons of indicated aggregate [210]. - The estimated useful life of owned reserves is approximately 43 years based on the three-year average production from 2023 to 2025 [214]. - Knife River's aggregate sites contain both proven and probable mineral reserves, which are essential for construction and production of ready-mix concrete and asphalt [193][194][195]. Revenue and Financial Performance - The company operates 208 active aggregate sites, 135 ready-mix plants, and 55 asphalt plants across 14 states, generating total revenue of $3,196.9 million for the year ended December 31, 2025 [27]. - For the year ended December 31, 2025, Knife River sold 32.5 million tons of aggregates, with total revenue from contracting services amounting to $1,383.9 million, representing 36.6% of total gross revenue [45][46]. - The company's revenue composition includes 63% from construction materials and 37% from contracting services, with public-sector services accounting for 81% of total revenue [27]. - Knife River's core product lines generated total gross revenue of $3,777.2 million, with a total gross profit margin of 18.4% for the year ended December 31, 2025 [45]. - The company incurred $4.4 million and $3.1 million in capital expenditures related to environmental compliance in 2025 and 2024, respectively, and expects to incur $8.6 million in 2026, $6.8 million in 2027, and $9.8 million in 2028 [85]. - The company had $1,181.1 million in aggregate principal amount of indebtedness as of December 31, 2025, which could impact cash flow and operations [158]. Business Operations and Strategy - The acquisition of Strata Corporation on March 7, 2025, added approximately 30 years of aggregate reserves and 24 ready-mix plants for a purchase price of $454.0 million [23]. - Knife River's Adjusted EBITDA margin has improved since the implementation of the EDGE strategy in 2023, alongside the completion of 11 acquisitions [32]. - The reorganization of business segments in January 2025 resulted in four reportable segments: West, Mountain, Central, and Energy Services, enhancing operational efficiency [24][25]. - The company emphasizes a disciplined allocation of capital to support long-term profitable growth and value creation in a highly fragmented construction materials industry [34]. - The company is strategically focused on mid-size, higher-growth markets, leveraging its vertically integrated business model to drive long-term growth [29]. - The company operates across 135 owned properties, with 132 active sites, and 78 leased properties, of which 76 are active [214]. Employee and Workforce Management - The company employed 5,298 people as of December 31, 2025, with nearly 6,900 employees at peak construction season [67]. - The average tenure of employees in managerial or supervisory positions is 15 years, indicating strong employee retention [66]. - Approximately 11% of the workforce is covered by collective bargaining agreements, which could lead to additional costs if negotiations are unsuccessful [144]. - The company has a risk management program that includes a dedicated cybersecurity team with over 30 years of combined experience in information technology [190]. Environmental and Regulatory Compliance - The company is subject to comprehensive environmental permit requirements that vary widely by state, with some areas having minimal requirements while others have demanding regulations [84]. - The company is subject to environmental regulations that may increase operational costs and expose it to potential liabilities [130]. - The "I Choose Safety" initiative was launched in 2025 to strengthen the company's safety program, emphasizing that all injuries are preventable [76][78]. - The company faces challenges in securing, permitting, and economically mining strategically located aggregate reserves due to regulatory requirements and community resistance [93]. - The company may incur significant costs related to compliance with cybersecurity regulations, which could divert management's attention and resources [108]. Market and Economic Conditions - Economic volatility can negatively affect demand for construction materials and contracting services, impacting the company's earnings [126]. - Government spending on infrastructure projects is critical for the company's revenue, and any reductions in funding could limit available projects and decrease sales [123]. - Seasonal weather conditions significantly impact the company's operations, with adverse weather potentially delaying construction projects and affecting revenue [117]. - Fluctuations in commodity prices, particularly for labor and energy-related products, have led to elevated costs that could negatively impact the company's financial results [118]. - Supply chain disruptions, including delays and shortages, may adversely affect the company's operations and customer relationships [120]. Risks and Challenges - The company faces significant competition in the construction materials industry, which could lead to lower prices and negatively affect financial condition and results of operations [90]. - The company has a risk of loss from nonpayment and/or nonperformance by customers, particularly in a recessionary construction economy [94]. - The company is exposed to potential liabilities from acquired businesses, including environmental liabilities and compliance issues [100]. - The introduction of artificial intelligence tools may pose security risks to confidential information and proprietary data, potentially harming the company's reputation and operations [111]. - The company faces challenges in protecting its intellectual property, which could lead to a loss of competitive advantage and increased litigation costs [112]. - Severe weather events and climate change could disrupt operations and delay projects, leading to decreased revenue and increased costs [132]. - The company may face increased insurance costs and availability issues due to the impact of severe weather events on the insurance industry [134]. - Stakeholder scrutiny regarding sustainability practices could adversely impact operations and access to capital [136]. - Increased regulatory requirements related to climate change may lead to higher operational costs and disruptions [137]. - Compliance with new climate or GHG emission laws could result in increased costs for energy, production, and transportation [138]. - The economic health of communities may be negatively affected by rising energy costs due to climate-related regulations [139]. - Reputational risks associated with GHG emissions could lead to a decrease in stock price and difficulties in accessing capital [140]. - Changes in tax laws could adversely affect earnings and customer costs, potentially increasing the effective income tax rate [141]. - Competition for skilled labor may lead to increased labor expenses and decreased productivity [142]. - The trading price of Knife River's common stock has been volatile, which may lead to significant price variations [163]. - Knife River's stock price may be influenced by analysts' reports, and any unfavorable research could lead to a decline in stock price [166].

Business Risks - Array's business may be adversely affected by the inability to protect real estate rights related to land leases, potentially impacting financial condition and results of operations [47]. - Advances in technology could reduce the demand for tower-based services, particularly with emerging alternatives like satellites and mesh transmission systems [48]. - Extreme weather events and natural disasters pose risks to Array's towers, which could disrupt service and negatively impact cash flows and financial condition [49]. - Array faces financial risks related to cash flow uncertainty, indebtedness, and the ability to access capital, which could limit financing options [54]. - Legal and regulatory compliance is essential, as failure to meet requirements could lead to penalties and adversely affect business operations [60]. - Conflicts of interest may arise between TDS and Array due to TDS's controlling ownership, potentially impacting decision-making in favor of TDS [65]. - The company may face challenges in acquisitions or divestitures, including costs and integration issues that could adversely affect financial performance [52]. - Array's significant investments in wireless operating entities that it does not control could lead to losses affecting financial condition and cash flows [59]. - Economic uncertainties, including inflation and changes in trade policies, could adversely affect Array's business and financial results [73]. Cybersecurity Risks - Array has experienced regular cyber-attacks, which could adversely affect its business and financial condition [72]. - The company maintains various controls to reduce cybersecurity risks, but may still face significant consequences from future breaches [72]. - Array continues to experience denial of service attacks, despite ongoing enhancements to its protection measures [72]. Financial Market Risks - Disruptions in credit or financial markets could impede Array's access to financing and negatively impact revenues and cash flows [73]. - Array's credit ratings could be affected by TDS's ratings, which may limit financing availability and impact liquidity [57]. Human Resources - Array's ability to attract and retain qualified personnel is critical for sustaining business growth, with competition for talent potentially affecting operations [51].

Exhibit 99.1 news release www.pplnewsroom.com Contacts: For news media: Ryan Hill, 610-774-4033 For financial analysts: Andy Ludwig, 610-774-3389 PPL Corporation reports 2025 earnings results; provides business plan update through 2029, extending EPS growth targets ALLENTOWN, Pa. (Feb. 20, 2026) – PPL Corporation (NYSE: PPL) today announced 2025 reported earnings (GAAP) of $1.18 billion, or $1.59 per share, compared with 2024 reported earnings of $888 million, or $1.20 per share. Adjusting for special items ...

Financial Performance - Fourth quarter net sales reached $263.6 million, a 9.8% increase compared to the prior year quarter[4] - GAAP net earnings for the fourth quarter were $39.2 million, reflecting a 16.8% increase from the prior year quarter[4] - Adjusted EBITDA for the fourth quarter was $67.9 million, up 8.1% year-over-year[4] - Full year net sales totaled $1.037 billion, an increase of 8.8% compared to the previous year[4] - Full year GAAP net earnings were $154.8 million, a 20.5% increase from the prior year[4] - Adjusted net earnings for the full year reached $167.9 million, up 17.4% from the previous year[4] Segment Performance - The Human Nutrition and Health segment generated fourth quarter sales of $166.1 million, a 12.7% increase year-over-year[7] - The Animal Nutrition and Health segment reported quarterly sales of $61.2 million, a 4.9% increase compared to the prior year quarter[8] - The Specialty Products segment achieved fourth quarter sales of $34.8 million, a 6.0% increase year-over-year[8] Cash Flow and Assets - Cash flows from operations for the full year were $216.6 million, with free cash flow of $173.6 million[4] - Cash and cash equivalents increased to $74,570 as of December 31, 2025, compared to $49,515 in 2024, representing a 50.6% growth[18] - Total assets rose to $1,686,252 as of December 31, 2025, a 7.1% increase from $1,575,371 in 2024[18] - Total current assets increased to $365,614 as of December 31, 2025, from $313,770 in 2024, marking a 16.5% rise[18] - Net cash provided by operating activities for Q4 2025 was $67,275 million, up from $52,317 million in Q4 2024, representing a 28.3% increase[29] - Free cash flow for the year ended December 31, 2025, was $173,637 million, compared to $147,210 million in 2024, reflecting an increase of 17.9%[29] Earnings and Taxation - Total earnings before income taxes for the year ended December 31, 2025, reached $199,030, a 19.5% increase from $166,453 in 2024[17] - Net earnings for the year ended December 31, 2025, were $154,845, up 20.5% from $128,475 in 2024[20] - The effective tax rate for GAAP income tax expense for the year ended December 31, 2025, was 22.2%, slightly down from 22.8% in 2024[27] Adjusted Financial Metrics - Adjusted net earnings for the year ended December 31, 2025, were $167,898, reflecting a 17.4% increase from $142,965 in 2024[24] - Adjusted EBITDA for the year ended December 31, 2025, was $274,854, a 9.8% increase from $250,348 in 2024[26] - The company reported a gross margin of $370,633 for the year ended December 31, 2025, compared to $336,206 in 2024, indicating a 10.2% increase[24] Capital Expenditures and Financing - Capital expenditures for Q4 2025 were $(16,053) million, compared to $(12,549) million in Q4 2024, indicating a 28.5% increase in capital spending[29] - The company utilized $152,810 in financing activities during the year ended December 31, 2025, compared to $133,815 in 2024, indicating an increase in cash used for financing[20] Non-GAAP Measures - Amortization expenses for intangible assets and finance leases are excluded from non-GAAP financial measures to facilitate evaluation of current operating performance[29] - Transaction and integration costs related to acquisitions are excluded from adjusted EBITDA calculations to provide clearer financial comparisons[29] - Restructuring costs are also excluded from non-GAAP measures to enhance the comparability of financial results[29] - An asset impairment charge in 2024 was related to the write-off of an equity method investment, which is excluded from adjusted EBITDA calculations[29] - Gains and losses on rabbi trust assets related to the nonqualified deferred compensation plan are excluded from non-GAAP financial measures due to their inconsistency[29] - The impact of ASU 2016-09 resulted in the recognition of excess tax benefits as a reduction to the provision for income taxes, which is excluded from adjusted income tax expense calculations[29] - The company believes that excluding inconsistent items from non-GAAP measures is useful for investors to compare current and historical financial results[29]

TDS Telecom increases its long-term marketable fiber service goal to 2.1 million addresses TDS Telecom and Array provide 2026 guidance CHICAGO (February 20, 2026) — Telephone and Data Systems, Inc. (NYSE:TDS) reported results for the fourth quarter and full year 2025. "2025 was a year of significant transformation for TDS," said Walter Carlson, President and CEO. "We completed the largest transaction in our history with the sale of our wireless business, launched a new tower company now operating as Array, ...

Exhibit 99.1 As previously announced, Array will hold a teleconference on February 20, 2026, at 9:00 a.m. CST. Listen to the call live via the Events & Presentations page of investors.arrayinc.com. Array reports fourth quarter and full year 2025 results Array issues 2026 guidance CHICAGO (February 20, 2026) — Array Digital Infrastructure, Inc. (NYSE:AD) reported fourth quarter and full year 2025 operating results. SM "After a transformative 2025, Array enters 2026 with strong momentum," said Anthony Carlson ...

FOR IMMEDIATE RELEASE Cogent Contacts: For Public Relations: For Investor Relations: Jocelyn Johnson John Chang + 1 (202) 295-4299 + 1 (202) 295-4212 jajohnson@cogentco.com investor.relations@cogentco.com Cogent Communications Reports Fourth Quarter 2025 and Full Year 2025 Results Financial and Business Highlights [WASHINGTON, D.C. February 20, 2026] Cogent Communications Holdings, Inc. (NASDAQ: CCOI) ("Cogent") today announced service revenue of $240.5 million for the three months ended December 31, 2025, ...

Company Transformation and Growth - The company has significantly transformed since the separation from J&J, focusing on modernizing systems and enhancing commercial capabilities to drive sustainable and profitable growth [22]. - The company completed its IPO in May 2023, trading on the NYSE under the ticker symbol "KVUE," marking its transition to a fully independent public company [24]. - The company operates a global portfolio of iconic brands, prioritizing targeted operations to deliver sustainable and profitable growth [26]. - The company has established a sustainability strategy, the Healthy Lives Mission, which includes public targets to manage impacts and risks while driving innovation and growth [48]. Manufacturing and Supply Chain - Approximately 60% of the company's sales volume during fiscal year 2025 was delivered through in-house manufacturing, enhancing operational flexibility [40]. - The company maintains a diverse supplier base for raw materials, with no single supplier providing a significant portion of total material requirements, mitigating supply chain risks [39]. - The company's distribution network is designed to respond to complex consumer demands, leveraging partnerships with third-party operators for efficiency [41]. Innovation and Employee Engagement - The company has a global team of approximately 1,600 scientists and professionals dedicated to product development and innovation, ensuring a continuous pipeline of meaningful innovations [34]. - The company emphasizes innovation to meet evolving consumer needs and aims to create an inclusive environment that reflects the diversity of its global consumer base [53]. - Talent practices focus on transparency, empowerment, and accountability to drive superior performance and engagement among employees [54]. - The company invests in learning and development to ensure employees' skills remain relevant in a rapidly evolving marketplace [55]. - Engagement surveys are regularly conducted to gauge employee sentiment on strategic alignment, execution, and career development [56]. - The company supports communities through strategic investments and its global employee volunteer program, Kenvue Cares [57]. - Total rewards programs are designed to attract and retain top talent, aligning compensation with company and individual performance [58]. - Competitive benefits packages vary by country and region, supporting the physical, emotional, and financial well-being of employees [59]. Regulatory Compliance - The company is subject to extensive government regulations, which may impact business strategies and operational costs [67]. - The company is subject to various regulations for medical devices, requiring premarket clearance (510(k) clearance) for certain products in the U.S. and compliance with EU Medical Device Regulation [76]. - In China, locally manufactured medical devices gain market authorization through municipal authorities, while imported devices are reviewed by the NMPA [77]. - Dietary supplements marketed in the U.S. are governed by the Dietary Supplement Health and Education Act of 1994, with similar regulations in the EU [78]. - The company must comply with various labeling and product claims laws, ensuring marketing claims are substantiated and not misleading [79]. - The company faces potential investigations and penalties related to compliance with advertising regulations, including the FTC's Endorsement Guides [80]. - The company is subject to extensive environmental, health, and safety regulations, including the EPA and OSHA standards in the U.S. [84][85]. - Privacy and data protection laws, including the EU GDPR and China's PIPL, impose compliance obligations on the company regarding personal data processing [86][87]. Financial Risks - The company is exposed to foreign currency risk, with a hypothetical 10% unfavorable change in exchange rates potentially resulting in a decline in net income of approximately $122 million [442]. - A hypothetical 10% unfavorable change in exchange rates would result in an unrealized loss of approximately $182 million related to forward foreign exchange contracts and cross currency swap contracts [443]. - Inflationary pressures have increased, with higher costs for raw materials, packaging, and supply chain disruptions potentially affecting operations in 2023, 2024, and 2025 [444]. - The company has partially offset inflationary increases through price hikes and supply chain optimization initiatives [444]. - If inflationary pressures or tariffs continue to rise, the company may struggle to manage costs effectively, impacting business and financial condition [445]. - Interest rate risk is managed through a portfolio of variable and fixed-rate debt, with a focus on maintaining a cost-effective mix [446]. - As of December 28, 2025, the company's long-term debt portfolio is primarily fixed-rate, minimizing the impact of market interest rate fluctuations on operations [447]. - New floating rate debt may expose the company to interest rate changes, influenced by various economic factors [448]. - The company is exposed to commodity price risks from various inputs, including resins, silicon, and transportation costs, and employs strategic pricing mechanisms to manage these exposures [449]. - Credit risk is mitigated through diverse customer bases and credit evaluations, although macroeconomic factors may complicate receivable collections [450]. - Nonperformance by counterparties is considered unlikely due to the company's policy of contracting with creditworthy entities [451].

EXHIBIT 99.1 Oil States Announces Fourth Quarter 2025 Results HOUSTON, February 20, 2026 – Oil States International, Inc. (NYSE: OIS): | | | | | Three Months Ended | | | % Change | | | --- | --- | --- | --- | --- | --- | --- | --- | --- | | | | December 31, | | September 30, | | December 31, | | | | (Unaudited, In Thousands, Except Per Share Amounts) | | 2025 | | 2025 | | 2024 | Sequential | Year-over-Year | | Consolidated results: | | | | | | | | | | Revenues | $ | 178,464 | $ | 165,180 | $ | 164,595 | 8 % ...

FOR IMMEDIATE RELEASE Western Union Reports Fourth Quarter and Full Year 2025 Results DENVER, February 20, 2026 – The Western Union Company (the "Company" or "Western Union") (NYSE: WU) today reported fourth quarter and full year 2025 financial results. The Company's fourth-quarter revenue of $1.0 billion decreased 5% on both a reported and an adjusted basis. The change in revenue was largely driven by growth in our Consumer Services and Branded Digital businesses offset by a slowdown in the Americas retail ...