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Argan(AGX) - 2026 Q3 - Quarterly Results
2025-12-04 21:15
Exhibit 99.1 Argan, Inc. Reports Third Quarter Fiscal 2026 Results Reports Record Backlog of $3.0 Billion December 4, 2025 – ARLINGTON, VA – Argan, Inc. (NYSE: AGX) ("Argan" or the "Company") today announces financial results for its third quarter of fiscal year 2026 ended October 31, 2025. The Company will host an investor conference call today, December 4, 2025, at 5:00 p.m. ET. Consolidated Financial Highlights ($ in thousands, except per share data) | For the Quarter Ended: | October 31, | | | | | --- | ...
SentinelOne(S) - 2026 Q3 - Quarterly Report
2025-12-04 21:15
Revenue Growth - Revenue for the three months ended October 31, 2025, was $258.9 million, representing a year-over-year growth of 23% compared to $210.6 million for the same period in 2024[116] - Annualized recurring revenue (ARR) grew 23% year-over-year to $1.1 billion as of October 31, 2025, primarily driven by new customer additions and existing customer adoption of adjacent platform solutions[127] - Revenue for the nine months ended October 31, 2025, increased by $134.2 million to $730.1 million, a 23% increase, attributed to new customer sales and additional licenses[161] Customer Metrics - The number of customers with ARR of $100,000 or more increased by 20% year-over-year to 1,572 as of October 31, 2025, up from 1,310 in 2024[129] - The dollar-based net retention rate remained in expansionary territory as of October 31, 2025, driven by existing customers adopting additional endpoint licenses and adjacent platform solutions[130] Profitability and Loss - Non-GAAP operating income for the three months ended October 31, 2025, was $17.7 million, compared to a loss of $10.7 million for the same period in 2024[124] - The company reported a net loss of $60.3 million for the three months ended October 31, 2025, an improvement from a net loss of $78.4 million for the same period in 2024[116] - The net loss for the three months ended October 31, 2025, was $60.3 million, compared to a net loss of $78.4 million in 2024[149] - The company reported a net loss of $340.5 million for the nine months ended October 31, 2025, which was an increase from a net loss of $217.7 million in the same period of 2024[179][180] Expenses - Cost of revenue increased by 27% to $67.9 million for the three months ended October 31, 2025, compared to $53.3 million in 2024[152] - Gross profit for the three months ended October 31, 2025, was $191.1 million, a 21% increase from $157.4 million in the prior year, resulting in a gross margin of 74%[152][153] - Research and development expenses for the three months ended October 31, 2025, were $83.1 million, up from $70.5 million in 2024[149] - Sales and marketing expenses increased to $126.6 million for the three months ended October 31, 2025, compared to $123.7 million in the same period of 2024[149] - Total operating expenses for the three months ended October 31, 2025, were $264.4 million, an increase from $246.5 million in the prior year[149] - Research and development expenses increased by $12.7 million to $83.1 million, an 18% increase, primarily due to higher personnel-related expenses and cloud hosting costs[154] - Sales and marketing expenses rose by $2.8 million to $126.6 million, a 2% increase, driven by higher personnel-related expenses, partially offset by a decrease in marketing-related expenses[155] - General and administrative expenses decreased by $0.8 million to $51.5 million, a 2% decrease, mainly due to lower litigation expenses[156] - Restructuring charges increased by $3.2 million to $3.2 million, a 100% increase, due to severance payments and employee benefits[157] Cash Flow and Financing - Cash provided by operating activities for the nine months ended October 31, 2025, was $72.2 million, compared to $37.1 million for the same period in 2024[179][180] - Cash used in investing activities during the nine months ended October 31, 2025, was $24.8 million, significantly lower than $85.9 million in the same period of 2024[181][182] - Cash used in financing activities for the nine months ended October 31, 2025, was $76.3 million, primarily due to $101.9 million in common stock repurchases[183] - The company had $873.6 million in cash, cash equivalents, and investments as of October 31, 2025, with an additional $14.3 million in restricted cash[194] - The company may need to seek additional equity or debt financing in the future, depending on various factors including revenue growth and macroeconomic conditions[173] Taxation - The provision for income taxes is expected to increase in fiscal 2026 and beyond due to increased foreign earnings and certain minimum taxes[145] - The provision for income taxes increased by $128.4 million to $133.6 million, a 2452% increase, primarily due to foreign taxes and an unrecognized tax benefit accrual[168] - The company experienced a $136.0 million income tax expense adjustment related to uncertain tax positions during the nine months ended October 31, 2025[188] Market Conditions - The company experienced longer sales cycles and deal downsizing from larger enterprise customers due to current macroeconomic conditions[117] - The company’s go-to-market strategy focuses on acquiring new customers and expanding usage among existing customers through a network of channel partners[114] - The company may enter into arrangements to acquire or invest in complementary businesses, products, and technologies in the future[173] Future Expectations - The company expects research and development expenses to increase in absolute dollars as investments in existing products and services grow[137] - The company anticipates sales and marketing expenses to rise in absolute dollars while decreasing as a percentage of revenue over time[139] - Operating cash flow is influenced by seasonal billing patterns, with the fiscal first quarter being the strongest for collections[177] - A hypothetical 100 basis point change in interest rates would result in a $4.8 million change in the fair market value of the investment portfolio as of October 31, 2025[194]
Zumiez(ZUMZ) - 2026 Q3 - Quarterly Results
2025-12-04 21:15
Third Quarter Earnings Per Share Increased to $0.55 from $0.06 last year Third Quarter Comparable Sales Increased 7.6% North American Third Quarter Comparable Sales Increased 10.0% Fourth Quarter To-Date Comparable Sales Up 6.6% EXHIBIT 99.1 Zumiez Inc. Announces Fiscal 2025 Third Quarter Results Fourth quarter-to-date total sales for the 31 days ending December 2, 2025 increased 7.5%, compared with the same 31-day period in the prior year ended December 3, 2024. Total comparable sales for the 31-day period ...
Domo(DOMO) - 2026 Q3 - Quarterly Results
2025-12-04 21:14
Financial Performance - Total revenue for Q3 FY2026 was $79.4 million, with subscription revenue accounting for $71.9 million[5] - Billings reached $73.2 million, marking a significant growth in the company's billing performance[5] - Subscription Remaining Performance Obligations (RPO) increased by 15% year over year to $405.9 million as of October 31, 2025[5] - Net cash provided by operating activities was $3.4 million, reflecting a 125% increase year over year[5] - Adjusted free cash flow improved to $2.1 million, an increase of 115% year over year[5] - GAAP net loss for the quarter was $10.4 million, with a net loss per share of $0.25 based on 41.4 million weighted-average shares[5] - Non-GAAP net income was reported at $0.3 million, translating to a diluted non-GAAP net income per share of $0.01[5] - The company expects Q4 FY2026 revenue to be in the range of $78.0 million to $79.0 million[9] - Full year FY2026 revenue guidance is projected between $317.5 million and $318.5 million[9] Cash Flow and Liquidity - Domo's ecosystem strategy is anticipated to yield free cash flow positivity for the year and each quarter within the year[3] - Cash and cash equivalents at the end of the period increased to $47,874 thousand as of October 31, 2025, compared to $40,925 thousand at the end of the previous quarter, reflecting an increase of approximately 16.5%[23] - Adjusted free cash flow for the three months ended October 31, 2024, was $(13.773) million, compared to $2.074 million in 2025[27] - Net cash used in operating activities for the three months ended October 31, 2024, was $(13.701) million, while it was $3.384 million in 2025[27] Revenue and Profitability Metrics - Subscription revenue for the three months ended October 31, 2025, was $71,879 thousand, a slight increase from $71,113 thousand in the same period of 2024, reflecting a growth of 1.1%[25] - The net loss for the three months ended October 31, 2025, was $10,388 thousand, compared to a net loss of $18,761 thousand for the same period in 2024, indicating a reduction in losses by approximately 44.5%[23] - Subscription gross margin on a GAAP basis was 80% for the three months ended October 31, 2025, down from 81% in the same period of 2024[25] - The company reported a subscription gross profit on a non-GAAP basis of $58,408 thousand for the three months ended October 31, 2025, compared to $58,563 thousand in the same period of 2024[25] Deferred Revenue and Liabilities - Deferred revenue increased to $178,276 thousand as of October 31, 2025, up from $146,269 thousand, indicating a growth of approximately 21.9%[21] - The total liabilities decreased slightly to $391,586 thousand as of January 31, 2025, from $393,537 thousand on October 31, 2025[21] - The company’s accumulated deficit improved to $(1,487,538) thousand as of January 31, 2025, compared to $(1,538,910) thousand on October 31, 2025, showing a reduction in the deficit by approximately 3.3%[21] Shareholder Metrics - Net loss per share on a GAAP basis (basic) for the three months ended October 31, 2024, was $(0.48), compared to $(0.25) for the same period in 2025[27] - Weighted-average shares used (basic) for the three months ended October 31, 2024, were 38,832, compared to 41,448 in 2025[27] - Stock-based compensation for the three months ended October 31, 2024, was $0.34 per share, compared to $0.30 per share in 2025[27] Comparisons with Previous Periods - Total revenue for the three months ended October 31, 2024, was $79.764 million, slightly up from $79.403 million in 2025[27] - Billings for the three months ended October 31, 2024, were $73.396 million, compared to $73.203 million in 2025[27] - Deferred revenue at the end of the period for October 31, 2024, was $153.919 million, compared to $146.269 million in 2025[27] - Loss on extinguishment of debt contributed $0.05 to the net loss per share on a non-GAAP basis for the three months ended October 31, 2024[27] - Remeasurement of warrant liability resulted in a $0.01 adjustment for the three months ended October 31, 2024, compared to a $(0.04) adjustment in 2025[27]
Samsara (IOT) - 2026 Q3 - Quarterly Results
2025-12-04 21:12
Financial Performance - Q3 FY2026 total revenue reached $416.0 million, reflecting a 29% year-over-year growth[4] - Annual Recurring Revenue (ARR) at the end of Q3 FY2026 was $1.745 billion, also a 29% year-over-year increase[4] - The number of customers with ARR over $100,000 increased by 219 in Q3, totaling 2,990 customers[4] - Revenue for the three months ended November 1, 2025, was $415,975,000, representing a 29% increase from $321,981,000 for the same period in 2024[32] - GAAP revenue for the three months ended November 1, 2025, was $415.975 million, representing a 29% increase year-over-year[37] - Revenue growth in constant currency for the three months ended November 1, 2025, was 29%, matching the GAAP revenue growth rate[37] Profitability - GAAP operating loss improved to $(1.7) million from $(47.4) million in Q3 FY2025, marking a significant reduction[3] - Non-GAAP operating income for Q3 FY2026 was $79.8 million, up from $33.9 million in the same quarter last year[3] - Non-GAAP net income per share, diluted, increased to $0.15, compared to $0.07 in Q3 FY2025[3] - The company achieved its first quarter of GAAP profitability in Q3 FY2026[4] - Net income for the three months ended November 1, 2025, was $7,766,000, a recovery from a net loss of $37,806,000 in the same period last year[32] - Non-GAAP net income for the three months ended November 1, 2025, was $89.279 million, compared to $43.480 million for the same period last year[37] - GAAP net income for the three months ended November 1, 2025, was $7.766 million, a recovery from a loss of $37.806 million in the prior year[37] Cash Flow and Liquidity - Net cash provided by operating activities for the three months ended November 1, 2025, was $63,704,000, compared to $36,013,000 for the same period in 2024[34] - Free cash flow for the three months ended November 1, 2025, was $55.845 million, up from $31.237 million in the prior year[43] - Adjusted free cash flow margin for the three months ended November 1, 2025, was 13%, compared to 10% in the same quarter last year[43] - Adjusted free cash flow margin is considered useful for evaluating liquidity, even if negative, by excluding non-recurring capital expenditures[26] Assets and Liabilities - Total current assets increased to $1,257,979,000 as of November 1, 2025, up from $1,145,154,000 as of February 1, 2025[29] - Total assets reached $2,313,694,000 as of November 1, 2025, compared to $2,024,302,000 as of February 1, 2025[29] - Total liabilities increased to $1,010,339,000 as of November 1, 2025, from $955,106,000 as of February 1, 2025[29] - Cash and cash equivalents rose to $275,111,000 as of November 1, 2025, compared to $227,576,000 as of February 1, 2025[29] Margins - Non-GAAP operating margin for FY2026 is projected to be 16%[10] - GAAP gross margin for the three months ended November 1, 2025, was 77%, consistent with the previous year[37] - Non-GAAP operating margin for the three months ended November 1, 2025, improved to 19%, compared to 11% in the same quarter last year[37] Comprehensive Income - The company reported a comprehensive income of $8,342,000 for the three months ended November 1, 2025, compared to a comprehensive loss of $39,411,000 in the same period last year[32] Future Outlook - For Q4 FY2026, total revenue is expected to be between $421 million and $423 million, representing a year-over-year growth of 22%[10] - The company continues to focus on leveraging AI to enhance operational efficiency and sustainability for its customers[2] Stock-Based Compensation - Total stock-based compensation expense-related charges for the three months ended November 1, 2025, were $81.513 million, compared to $77.677 million in the prior year[43]
Stitch Fix(SFIX) - 2026 Q1 - Quarterly Results
2025-12-04 21:11
Financial Performance - Net revenue for Q1 fiscal 2026 was $342.1 million, representing a year-over-year increase of 7.3%[8] - Gross profit was $149.3 million, a 3.1% increase year-over-year, with a gross margin of 43.6%, down 180 basis points year-over-year[8] - The company reported a net loss of $6.4 million, with a diluted loss per share of $0.05[8] - Adjusted EBITDA for Q1 was $13.4 million, with an adjusted EBITDA margin of 3.9%[8] - Net revenue for the three months ended November 1, 2025, was $342,127,000, compared to $318,818,000 for the same period in 2024, reflecting a year-over-year increase of approximately 7.3%[21] - Adjusted EBITDA for the three months ended November 1, 2025, was $13,429,000, with an Adjusted EBITDA margin of 3.9%, compared to $13,494,000 and 4.2% for the same period in 2024[21] Client Metrics - Active clients decreased to 2.307 million, down 0.1% quarter-over-quarter and 5.2% year-over-year[8] - Active clients as of November 1, 2025, totaled 2,307,000, a slight decrease from 2,434,000 in the same period of 2024[23] - Net revenue per active client increased to $559, up 5.3% year-over-year[8] Financial Outlook - The financial outlook for Q2 fiscal 2026 projects net revenue between $335 million and $340 million, reflecting a year-over-year growth of 7.3% to 8.9%[5] - The updated financial outlook for fiscal year 2026 estimates net revenue between $1.32 billion and $1.35 billion, indicating a year-over-year growth of 4.2% to 6.5%[6] - The company expects a full fiscal year 2026 gross margin between 43% and 44%[6] - Stitch Fix anticipates being free cash flow positive for the full fiscal year 2026[6] Cash Flow and Expenses - Free Cash Flow for the three months ended November 1, 2025, was $5,574,000, down from $9,945,000 for the same period in 2024[22] - Net cash provided by operating activities from continuing operations was $10,913,000 for the three months ended November 1, 2025, compared to $14,268,000 for the same period in 2024[18] - Cash and cash equivalents at the end of the period were $114,494,000, down from $137,153,000 at the end of the same period in 2024[18] - The company incurred $11,496,000 in stock-based compensation expense for the three months ended November 1, 2025, compared to $12,650,000 for the same period in 2024[21] - The company reported a net decrease in cash and cash equivalents of $542,000 for the three months ended November 1, 2025, compared to a decrease of $25,709,000 for the same period in 2024[18] - The company experienced a change in inventory reserves of $2,308,000 for the three months ended November 1, 2025, compared to $4,970,000 for the same period in 2024[18]
Sportsman’s Warehouse(SPWH) - 2026 Q3 - Quarterly Results
2025-12-04 21:10
Exhibit 99.1 Sportsman's Warehouse Holdings, Inc. Announces Third Quarter 2025 Financial Results Announces Opening of its Newest Store in Surprise, Arizona Same store sales increased 2.2% over last year; outperforms the Q3 Adjusted NICS data Gross margin up 100 basis points versus last year Updates its full year 2025 Outlook WEST JORDAN, Utah, December 4, 2025--Sportsman's Warehouse Holdings, Inc. ("Sportsman's Warehouse" or the "Company") (Nasdaq: SPWH) today announced financial results for the thirteen we ...
SentinelOne(S) - 2026 Q3 - Quarterly Results
2025-12-04 21:10
SentinelOne Announces Third Quarter Fiscal Year 2026 Financial Results Revenue increased 23% year-over-year ARR up 23% year-over-year MOUNTAIN VIEW, Calif. – December 4, 2025 – SentinelOne, Inc. (NYSE: S) today announced financial results for the third quarter of fiscal year 2026 ended October 31, 2025. "We continue to demonstrate a strong combination of top-tier growth and margin improvement. Our third-quarter performance underscores the growing demand for our AI-native security platform that combines data ...
Ulta Beauty(ULTA) - 2026 Q3 - Quarterly Report
2025-12-04 21:09
Financial Performance - Net sales for the third quarter of fiscal 2025 reached $2,857.6 million, a 12.9% increase from $2,530.1 million in the same period of fiscal 2024[92] - Gross profit for the third quarter of fiscal 2025 was $1,155.7 million, compared to $1,005.6 million in the prior year, reflecting a gross margin improvement[92] - Comparable sales increased by 6.3% in the third quarter of fiscal 2025, compared to a 0.6% increase in the same quarter of fiscal 2024[92] - Operating income for the third quarter of fiscal 2025 was $309.4 million, slightly down from $318.5 million in the same quarter of fiscal 2024[92] - Net income for the third quarter of fiscal 2025 was $230.9 million, compared to $242.2 million in the same period of fiscal 2024[92] - Net sales increased by $327.5 million, or 12.9%, to $2.9 billion for the 13 weeks ended November 1, 2025, compared to $2.5 billion for the same period in 2024[94] - Gross profit rose by $150.0 million, or 14.9%, to $1.2 billion for the 13 weeks ended November 1, 2025, with a gross profit margin of 40.4%[95] - Net income was $230.9 million for the 13 weeks ended November 1, 2025, down from $242.2 million for the same period in 2024[100] - For the 39 weeks ended November 1, 2025, net sales increased by $686.4 million, or 8.8%, to $8.5 billion compared to $7.8 billion for the same period in 2024[101] Expenses and Costs - Selling, general and administrative (SG&A) expenses increased by $158.7 million, or 23.3%, to $840.9 million, representing 29.4% of net sales for the 13 weeks ended November 1, 2025[96] - SG&A expenses for the 39 weeks ended November 1, 2025, increased by $300.3 million, or 15.1%, to $2.3 billion, representing 27.0% of net sales[104] Store Expansion and Operations - The number of stores at the end of the third quarter of fiscal 2025 was 1,500, an increase from 1,437 stores at the end of the same quarter in fiscal 2024[92] - The company opened 58 new stores during the 39 weeks ended November 1, 2025, compared to 57 new stores in the same period in 2024[118] Inventory and Cash Management - Merchandise inventories increased by $378.5 million, or 16.0%, to $2.7 billion as of November 1, 2025[117] - The company had cash and cash equivalents of $204.9 million as of November 1, 2025, compared to $177.8 million as of November 2, 2024[109] Share Repurchase and Debt - The company repurchased 1,658,206 shares at a total cost of $699.1 million during the 39 weeks ended November 1, 2025[126] - As of November 1, 2025, the company had $488.3 million in borrowings outstanding under its credit facility, with a weighted average interest rate of 6.42% for the 39 weeks ended November 1, 2025[130] - The company entered into a credit facility with a maximum revolving loan of $1.0 billion, maturing on March 13, 2029, and requires a minimum fixed charge coverage ratio of 1.0 when availability falls below a specified threshold[127] - As of November 1, 2025, the company had $551.7 million in total outstanding borrowings under its credit facilities, compared to $199.7 million as of November 2, 2024[135] Economic and Market Conditions - The company anticipates that persistent inflation and macroeconomic pressures may negatively impact consumer spending and sales trends for the remainder of fiscal 2025[80] - The company is subject to seasonal fluctuations, with significant sales and profits realized during the fourth quarter due to the holiday season, impacting overall financial performance[132] - A hypothetical 1% increase in interest rates on variable debt would not materially impact the company's operating income for the 39 weeks ended November 1, 2025[136] - The company is exposed to foreign currency exchange rate fluctuations, but this exposure is not material to its financial condition or results of operations[137] Strategic Focus and Growth - The company is expanding its international presence through a joint venture in Mexico and a franchise in the Middle East, along with the acquisition of Space NK in the U.K. and Ireland[74] - The strategic focus areas include assortment, experience, loyalty, and access to enhance customer engagement and drive growth[75] - The company aims to leverage fixed costs and improve merchandise margins to increase long-term operating profit despite incremental investments in new stores and technology[78] Compliance and Credit Facilities - The company maintains compliance with all terms and covenants of its loan agreements as of November 1, 2025[130] - The credit facility includes a $50.0 million subfacility for letters of credit[127] - Space NK, a wholly owned subsidiary, has a multi-currency revolving credit facility of up to £40.0 million, with £63.4 million outstanding as of November 1, 2025, and must maintain an interest coverage ratio of at least 4.0 to 1.0[131]
Brown-Forman(BF_A) - 2026 Q2 - Quarterly Report
2025-12-04 21:09
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 October 31, 2025 ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from _______________ to _______________ Commission File No. 001-00123 Brown-Forman Corporation (Exact name of Registrant as specified in its Charter) Delaware 61-0143150 (Stat ...