Cash and Liquidity - As of April 27, 2025, the company's foreign subsidiaries held $136.1 million in cash and cash equivalents, a decrease from $139.1 million at January 26, 2025[181]. - The company expects future non-operating cash uses to be for capital expenditures and debt repayment, funded through cash flows from operating activities[183]. - On April 24, 2025, the company increased its total available borrowing capacity under the revolving credit facility by $117.5 million, raising the total facility size to $455.0 million[185]. - As of April 27, 2025, the company had $171.2 million outstanding under the Term Loans and no revolving loans outstanding, with available undrawn borrowing capacity of $452.1 million[187]. - The company issued $250.0 million in aggregate principal amount of 2028 Notes on October 26, 2023, bearing interest at 4.00% per year, maturing on November 1, 2028[194]. - As of April 27, 2025, approximately $62.0 million of the 2028 Notes remained outstanding, with one condition for conversion met[195]. - The company is in compliance with the financial covenants in its Credit Agreement as of April 27, 2025[190]. - There have been no material changes to cash requirements from those disclosed in the Annual Report for the fiscal year ended January 26, 2025[203]. Operating Performance - In the first three months of fiscal year 2026, net cash provided by operating activities was $27,824 thousand, a significant increase compared to a net cash used of $89 thousand in the same period of fiscal year 2025[204]. - Operating cash flows were positively impacted by a 21.8% increase in net sales, lower interest payments, and reduced restructuring payments, while negatively impacted by increased annual bonus payments and higher inventory spending[206]. - Capital expenditures for the first three months of fiscal year 2026 were $1.7 million, up from $1.3 million in the same period of fiscal year 2025, reflecting investments in production capabilities[208]. - The company sold investments for proceeds of $0.5 million in the first three months of fiscal year 2026, compared to $2.7 million in the same period of fiscal year 2025[208]. - In the first three months of fiscal year 2026, the company made a prepayment of $10.0 million on its Term Loans, with no such prepayments made in the same period of fiscal year 2025[211]. - Employee share-based compensation payroll taxes paid in the first three months of fiscal year 2026 amounted to $8.9 million, compared to $2.4 million in the same period of fiscal year 2025[212]. Strategic Initiatives - The company is conducting a portfolio rationalization review to identify non-core assets and align its portfolio with its strategic vision[199]. - The stock repurchase program was expanded by an additional $350.0 million on March 11, 2021, allowing the company to repurchase its common stock at any time[200]. - The remaining authorization for share repurchase under the program as of April 27, 2025, was $209.4 million[201]. - Working capital fluctuates based on end-market demand and management of receivables, inventory, and payables, with potential acquisitions also impacting requirements[202]. - The company plans to finance significant expenditures for new product development through cash generated by operating activities and existing cash balances[198].

Financial Performance - Revenue for Q1 FY 2026 was $85.9 million, up 57.6% from $54.5 million in the same period of FY 2025[5] - Non-GAAP net profit for Q1 FY 2026 was $3.0 million, or earnings per diluted share of $0.07, compared to a non-GAAP net loss of $10.5 million, or loss per diluted share of $0.26 in the same period of FY 2025[5] - Gross margin on a GAAP basis for Q1 FY 2026 was 60.0%, compared to 60.9% for the same period in FY 2025[5] - The company is increasing its FY 2026 revenue growth guidance to a range of 19% to 25%, approximately $348 million at the mid-point[6] - Revenue guidance for Q2 FY 2026 is expected to be between $86.0 million and $94.0 million[5] - Non-GAAP gross margin for Q2 FY 2026 is expected to be between 60.5% and 62.0%[5] Cash and Assets - Total cash, cash equivalents, and marketable debt securities at the end of Q1 FY 2026 was $259.4 million, up from $250.3 million at the end of the prior quarter[4] - Total assets increased to $701,918 million from $688,968 million, reflecting a growth of approximately 1.38%[22] - Current assets rose to $335,549 million, up from $320,551 million, indicating an increase of about 4.1%[22] - Cash and cash equivalents decreased slightly to $141,285 million from $144,622 million, a decline of approximately 2.4%[22] Liabilities and Equity - Accounts payable surged to $35,290 million, up from $21,775 million, representing an increase of about 62.2%[22] - Total liabilities increased to $129,202 million from $127,556 million, a growth of approximately 1.3%[22] - Shareholders' equity rose to $572,716 million from $561,412 million, reflecting an increase of about 2.3%[22] - Accumulated deficit widened to $(276,385) million from $(252,057) million, indicating a deterioration in financial position[22] - Additional paid-in capital increased to $848,756 million from $813,683 million, showing a growth of approximately 4.3%[22] Expenses and Investments - Research and development expenses for Q1 FY 2026 were $58.8 million, compared to $54.1 million in the same period of FY 2025[18] - The company repurchased 24,152 shares for approximately $1.0 million in Q1 FY 2026, with $48.0 million remaining for repurchase[7] Innovation and Development - Ambarella continues to innovate with the development of a new SoC to extend its reach into the edge AI infrastructure market[6] Inventory and Lease Liabilities - Inventories increased to $39,289 million from $34,428 million, reflecting a rise of about 14.3%[22] - Operating lease liabilities, current decreased to $2,335 million from $2,829 million, a decline of approximately 17.5%[22]

Exhibit 99.1 Gap Inc. Reports First Quarter Fiscal 2025 Results Net sales increased 2% versus last year with comparable sales up 2% 9th consecutive quarter of market share gains • Net sales of $3.5 billion were up 2% compared to last year. Comparable sales were up 2% year-over-year. • Store sales were flat compared to last year. The company ended the quarter with about 3,500 store locations in over 35 countries, of which 2,496 were company operated. • Online sales increased 6% compared to last year and repr ...

Exhibit 99.1 Gap Inc. Reports First Quarter Fiscal 2025 Results Net sales increased 2% versus last year with comparable sales up 2% 9th consecutive quarter of market share gains Operating margin of 7.5% improved 140 basis points versus last year Cash, cash equivalents and short-term investments of $2.2 billion up 28% versus last year SAN FRANCISCO – May 29, 2025 – Gap Inc. (NYSE: GAP), the largest specialty apparel company in the U.S. with a portfolio of brands including Old Navy, Gap, Banana Republic, and ...

Financial Performance - Revenue for Q1 fiscal 2026 was $357 million, representing a 6% increase year-over-year[5] - Annualized Renewal Run-rate (ARR) reached $1.693 billion, up 12% year-over-year, with net new ARR of $27 million[5][2] - Total revenue for the three months ended April 30, 2025, was $356.624 million, a 6.4% increase from $335.112 million in the same period of 2024[25] - Subscription services revenue increased to $217.303 million, up 17.4% from $185.131 million year-over-year[25] - Net loss for the quarter was $(22.555) million, or $(0.04) per share, compared to a net loss of $(28.736) million, or $(0.05) per share, in the prior year[25] - GAAP net loss for the three months ended April 30, 2025, was $22,555,000, an improvement from a loss of $28,736,000 in the same period of 2024[37] - Non-GAAP net income for the same period was $60,174,000, compared to $73,218,000 in 2024, reflecting a decrease of approximately 17.8%[37] Cash Flow and Margins - Non-GAAP adjusted free cash flow was $117 million, while cash flow from operations was $119 million[5] - GAAP gross margin stood at 82%, and non-GAAP gross margin was 84%[5] - Non-GAAP operating income for the quarter was $69.616 million, with a non-GAAP operating margin of 20%, up from 15% in the previous year[34] - GAAP net cash provided by operating activities increased to $119,002,000 in Q1 2025 from $100,037,000 in Q1 2024, representing a growth of 18.9%[40] - Non-GAAP adjusted free cash flow for the three months ended April 30, 2025, was $117,067,000, up from $101,277,000 in 2024, indicating an increase of 15.6%[40] Stock and Shareholder Actions - The company repurchased $227.525 million of Class A common stock during the quarter[29] - The weighted average common shares outstanding, basic and diluted, decreased to 548,451 in Q1 2025 from 569,925 in Q1 2024[37] - Stock-based compensation expense decreased to $76,361,000 in Q1 2025 from $88,727,000 in Q1 2024, a reduction of approximately 13.9%[37] - The company reported a charitable donation of Class A common stock valued at $4,187,000 in Q1 2025, down from $6,564,000 in Q1 2024[37] Future Projections - For Q2 fiscal 2026, revenue is expected to be in the range of $345 million to $350 million, with ARR projected between $1.715 billion and $1.720 billion[6] Product Development and Partnerships - The company launched its next-generation UiPath Platform for agentic automation, enhancing its product offerings[8] - UiPath Test Cloud was introduced to improve software testing efficiency using advanced AI[8] - The company announced a partnership with Google Cloud to develop a generative AI-based Medical Record Summarization agent[9] Market Recognition - UiPath achieved a dollar-based net retention rate of 108%[5] - The company was recognized as a Leader in the IDC MarketScape for Worldwide Business Automation Platforms 2025[8] Assets and Liabilities - Cash and cash equivalents decreased to $700.641 million from $879.196 million at the beginning of the year[27] - Total current assets decreased to $2.110 billion from $2.339 billion at the end of January 2025[27] - Total liabilities decreased to $945.981 million from $1.020 billion at the end of January 2025[27] Operating Loss - Operating loss improved to $(16.412) million compared to $(49.465) million in the same quarter of 2024[34] Restructuring Costs - The company incurred restructuring costs of $3,011,000 in Q1 2025, while there were no such costs reported in Q1 2024[37]

Revenue Growth - For the nine months ended April 30, 2025, revenue was $1,953.9 million, a 24% increase from $1,574.9 million in the same period of 2024[119] - Revenue for the three months ended April 30, 2025, was $678,034,000, up from $553,201,000 in the same period of 2024, marking a growth of 22.6%[143] - Revenue increased by $378.986 million, or 24%, for the nine months ended April 30, 2025, compared to the same period in 2024, driven by a 10% increase in the customer base and additional subscriptions contributing $294.8 million[179] Customer Base Expansion - As of July 31, 2024, the company had over 8,650 customers, up from over 7,700 customers in 2023, representing a growth of approximately 12.3%[122] - The company is focused on expanding its customer base, particularly among the Forbes Global 2000, where it currently serves approximately 35%[122] - The company increased its customer base by 10% from April 30, 2024, to April 30, 2025, contributing to revenue growth[163] Financial Performance - GAAP gross profit for the nine months ended April 30, 2025, was $1,507.951 million, compared to $1,227.979 million for the same period in 2024, reflecting a growth of 22.8%[136] - The company incurred a net loss of $23.9 million for the nine months ended April 30, 2025, an improvement from a net loss of $42.8 million in the same period of 2024[119] - Net loss for the three months ended April 30, 2025, was $(4.1) million compared to a net income of $19.1 million for the same period in 2024[161] Cash Flow and Liquidity - Free cash flow for the period is calculated as net cash provided by operating activities less capital expenditures, indicating liquidity for strategic initiatives[139] - Net cash provided by operating activities for the nine months ended April 30, 2025, was $721.8 million, compared to $576.3 million for the same period in 2024, reflecting an increase of 25.2%[201][203] - As of April 30, 2025, the company had cash, cash equivalents, and short-term investments totaling $3,005.6 million, available for working capital and general corporate purposes[194] Operating Expenses - Operating expenses are expected to increase in absolute dollars as the company invests in sales and marketing, research and development, and general and administrative functions[153][154][155] - Sales and marketing expenses rose by $52.2 million or 20% to $314.6 million for the three months ended April 30, 2025, driven by higher employee-related costs[166] - Research and development expenses increased by $134.201 million, or 37%, for the nine months ended April 30, 2025, primarily due to higher employee-related expenses and costs associated with facility and software[184] Deferred Revenue - Total deferred revenue at the end of the period for April 30, 2025, was $1,984,985,000, compared to $1,577,014,000 at the end of the same period in 2024[143] - As of April 30, 2025, the company had deferred revenue of $1,985.0 million, with $1,677.9 million expected to be recognized as revenue in the next 12 months[199] - The company strategically entered into multi-year advance billing agreements, significantly contributing to its deferred revenue[199] Market Risks - The company’s investments are exposed to market risk, with a hypothetical 100 basis point change in interest rates potentially affecting the fair value of investments by $9.6 million[212] - The company has a foreign currency risk management program, utilizing forward contracts to hedge forecasted foreign currency-denominated expenses[218] Future Outlook - The company expects to continue incurring net losses in the foreseeable future due to ongoing investments in sales, marketing, and research and development[119] - The company anticipates that gross profit will increase in absolute dollars and gross margin will slightly improve over the long term[150] - The company expects calculated billings growth rate to trend down over time due to seasonality and the mix of billings[142]

Revenue Growth - First quarter revenue increased 8% year over year to $120 million[1] - Annual Recurring Revenue (ARR) grew 7% year over year to $496 million[1] - For the second quarter of fiscal 2026, PagerDuty expects total revenue of $122.5 million to $124.5 million, representing a growth rate of 6% to 7% year over year[13] - Revenue for the same period was $119,805 thousand, compared to $111,172 thousand in 2024, reflecting a growth of 7.3%[46] Customer Metrics - Customers with ARR over $100 thousand grew 5% to 848 as of April 30, 2025[8] - Dollar-based net retention rate was 104% as of April 30, 2025, compared to 106% a year earlier[8] - Total paid customers increased to 15,247 as of April 30, 2025, up from 15,120 a year earlier[8] Financial Performance - Non-GAAP operating income was $24 million, with a non-GAAP operating margin of 20.3%[5] - Non-GAAP operating income increased to $24,359 thousand in 2025 from $15,329 thousand in 2024, marking a significant rise of 59.5%[48] - Non-GAAP operating margin improved to 20.3% in 2025, up from 13.8% in 2024[48] - Non-GAAP net income attributable to common stockholders was $22,679 thousand in 2025, compared to $16,005 thousand in 2024, representing an increase of 41.6%[48] - The company reported a non-GAAP net income per share, basic, of $0.25 in 2025, up from $0.17 in 2024[48] Cash Flow and Assets - Net cash provided by operating activities was $30,670 thousand for the three months ended April 30, 2025, compared to $28,647 thousand for the same period in 2024, indicating a year-over-year increase of 7.07%[24] - Free cash flow for the period was positive, indicating the company's ability to generate cash in excess of capital investments, enhancing liquidity[42] - Free cash flow for the three months ended April 30, 2025, was $28,986 thousand, compared to $27,098 thousand in 2024, indicating a growth of 7.0%[50] - Total current assets increased to $713,291 thousand as of April 30, 2025, compared to $711,720 thousand on January 31, 2025, reflecting a growth of 0.22%[22] Liabilities and Equity - Total liabilities decreased to $763,806 thousand as of April 30, 2025, down from $779,221 thousand on January 31, 2025, representing a reduction of 1.84%[22] - The company reported a total stockholders' equity of $145,657 thousand as of April 30, 2025, up from $129,828 thousand on January 31, 2025, marking an increase of 12.19%[22] Deferred Revenue and Performance Obligations - Remaining performance obligations were $430 million, with approximately $302 million expected to be recognized as revenue over the next 12 months[8] - The company’s deferred revenue, current, was $237,076 thousand as of April 30, 2025, down from $243,269 thousand on January 31, 2025, a decrease of 2.54%[22] Stock-Based Compensation and Expenses - Stock-based compensation for the three months ended April 30, 2025, was $25,753 thousand, compared to $32,940 thousand in the same period of 2024, reflecting a decrease of 21.66%[24] - The company’s non-GAAP research and development expenses decreased to $22,303 thousand in 2025 from $25,637 thousand in 2024, a reduction of 13.5%[46] Compliance and Authorization - PagerDuty achieved FedRAMP Low Authorization, indicating compliance with federal security requirements[8]

Exhibit 99.1 Red Robin Gourmet Burgers, Inc. Reports Results for the Fiscal First Quarter Ended April 20, 2025 Englewood, CO – May 29, 2025 – Red Robin Gourmet Burgers, Inc. (NASDAQ: RRGB) ("Red Robin" or the "Company"), a full-service restaurant chain serving an innovative selection of high-quality gourmet burgers in a family-friendly atmosphere, today reported financial results for the fiscal first quarter ended April 20, 2025. Highlights for the Fiscal First Quarter of 2025, Compared to the Fiscal First ...

Exhibit 99.1 Zscaler Reports Third Quarter Fiscal 2025 Financial Results Third Quarter Highlights SAN JOSE, California - May 29, 2025 - Zscaler, Inc. (Nasdaq: ZS), the leader in cloud security, today announced financial results for its third quarter of fiscal year 2025, ended April 30, 2025. "We delivered outstanding Q3 results as an increasing number of customers adopt our expanding Zero Trust Exchange platform. We enable customers to realize Zero Trust Everywhere while lowering operational cost and comple ...

Financial Performance - Net sales for the 13 weeks ended May 3, 2025, were $2,848,367, an increase of 4.5% compared to $2,725,848 for the same period in 2024[80] - Comparable sales increased by 2.9% for the 13 weeks ended May 3, 2025, compared to a 1.6% increase for the same period in 2024[80] - Gross profit for the quarter was $1,114,219, up from $1,069,780 in the prior year, reflecting a gross margin improvement[80] - Operating income for the quarter was $401,777, slightly higher than $400,948 in the same quarter last year[80] - Net income for the 13 weeks ended May 3, 2025, was $305,052, compared to $313,113 for the same period in 2024, indicating a decrease of 2.6%[80] Expenses and Costs - Selling, general and administrative expenses rose to $710,613 from $665,913, reflecting increased operational costs[80] - Selling, general and administrative (SG&A) expenses increased by $44.7 million or 6.7%, amounting to $710.6 million, with SG&A as a percentage of net sales rising to 24.9%[84] - Net income decreased to $305.1 million for the 13 weeks ended May 3, 2025, down from $313.1 million in 2024, primarily due to increased SG&A expenses and income tax expense[88] Store Operations - The number of stores at the end of the period increased to 1,451 from 1,395 year-over-year[80] - The company opened six new stores during the 13 weeks ended May 3, 2025, compared to 12 new stores opened in the same period in 2024[99] Cash and Liquidity - Cash and cash equivalents were $454.6 million as of May 3, 2025, compared to $524.6 million on May 4, 2024[89] - Net cash provided by operating activities increased to $220.0 million for the 13 weeks ended May 3, 2025, compared to $159.3 million in 2024[95] - The company had no outstanding borrowings under its credit facility as of May 3, 2025, indicating strong liquidity management[105] Market Outlook and Strategy - The company anticipates that persistent inflation and macroeconomic pressures may negatively impact sales trends throughout fiscal 2025[68] - The long-term growth strategy includes expanding omnichannel capabilities and opening new stores to drive profitable growth[66] - The beauty market is expected to continue expanding, supported by ongoing consumer engagement with beauty products[67] Inventory Management - Merchandise inventories increased by $215.5 million or 11.3%, totaling $2.1 billion as of May 3, 2025[98] Share Repurchase - The company repurchased 986,733 shares at a total cost of $362.1 million during the 13 weeks ended May 3, 2025[108]