Financial Performance - Full year net sales increased by 1.4% to $20,382 million, compared to $20,101 million in 2024[2] - GAAP EPS for the full year declined by 25% to $2.63, primarily due to impairment charges related to the skin health business[4] - Base Business EPS increased by 3% to $3.69 for the full year[2] - Fourth quarter net sales rose by 5.8% to $5,230 million, with organic sales growth of 2.2%[6] - GAAP EPS for the fourth quarter was $(0.05), a decline of 106% due to impairment charges[5] - For the full year 2025, net sales totaled $20,382 million, a slight increase from $20,101 million in 2024[32] - The company reported a net income of $2,132 million for the full year 2025, down from $2,889 million in 2024[32] - Total operating profit for the twelve months ended December 31, 2025, was $3.306 billion, compared to $4.268 billion in 2024, reflecting ongoing challenges[38] Profitability Metrics - Gross profit for Q4 2025 was $3,146 million, with a gross profit margin of 60.2%, slightly down from 60.3% in Q4 2024[30] - Full year gross profit was $12,251 million, with a gross profit margin of 60.1%, down from 60.5% in 2024[32] - Operating profit for Q4 2025 significantly decreased to $92 million, down from $1,064 million in Q4 2024, resulting in an operating profit margin of 1.8% compared to 21.5% in the previous year[30] - The operating profit margin for the three months ended December 31, 2025, was 1.8%, down from 21.5% in 2024, indicating a substantial decline in profitability[52] - Operating profit under GAAP fell by 23% from $4,268 million in 2024 to $3,306 million in 2025[58] - Non-GAAP operating profit remained relatively stable at $4,347 million in 2025 compared to $4,353 million in 2024[58] Shareholder Returns - The company returned $2.9 billion to shareholders through dividends and share repurchases in 2025[4] Future Outlook - The company expects 2026 net sales growth of 2% to 6%, with organic sales growth projected at 1% to 4%[12] - Gross profit margin is expected to expand in 2026, with double-digit earnings per share growth anticipated on a GAAP basis[12] Market Position - Colgate's global market share in toothpaste remained strong at 41.3% year to date[9] Operational Efficiency - Selling, general and administrative expenses as a percentage of net sales increased to 39.6% in 2025 from 38.3% in 2024, indicating rising operational costs[52] - Selling, general and administrative expenses as a percentage of net sales increased from 38.5% in 2024 to 38.8% in 2025[58] Taxation - The effective tax rate for Q4 2025 was 104.7%, a substantial increase from 21.6% in Q4 2024[30] - The effective tax rate for GAAP net income increased from 22.9% in 2024 to 26.1% in 2025[60] Regional Performance - North America sales decreased by 1.5% in the three months ended December 31, 2025, while Latin America saw a significant increase of 12.8%[44] - Sales in Europe increased by 9.8% for the three months ended December 31, 2025, driven by strong pricing strategies[44] Acquisitions and Costs - The acquisition of the Prime100 pet food business contributed 0.5% to the total company volume for the three months ended December 31, 2025[45] - The company reported acquisition-related costs of $9 million in 2025, with no such costs reported in 2024[58] - The restructuring program charges for 2025 were related to the Strategic Growth and Productivity Program and the 2022 Global Productivity Initiative[61] Non-GAAP Metrics - The company reported a non-GAAP net income of $1.038 billion for the three months ended December 31, 2025, a 22.9% increase from $800 million in 2024[54] - Colgate-Palmolive's GAAP gross profit for 2025 was $12,251 million, compared to $12,161 million in 2024, reflecting a slight increase[58] - The gross profit margin under GAAP decreased from 60.5% in 2024 to 60.1% in 2025, a change of -40 basis points[58] - Non-service related postretirement costs under GAAP decreased from $87 million in 2024 to $55 million in 2025[58]

Financial Performance - Revenue for Q1 2026 was $871 million, a 16% increase from $750 million in Q1 2025[7] - Operating income for Q1 2026 reached $97.7 million, up 31% from $74.6 million in Q1 2025[7] - Net income attributable to IES was $91.4 million for Q1 2026, a 62% increase compared to $56.3 million in Q1 2025, with diluted earnings per share of $4.51 versus $2.72[7] - Adjusted net income attributable to IES was $75.2 million for Q1 2026, a 38% increase from $54.6 million in Q1 2025, with diluted adjusted earnings per share of $3.71 compared to $2.64[7] - Gross profit rose to $220.0 million, representing a 23.5% increase compared to $178.0 million in the prior year[27] - Net income attributable to IES Holdings, Inc. was $91.4 million, a 62.2% increase from $56.3 million in the same quarter of 2024[27] - Basic earnings per share attributable to common stockholders increased to $4.58, up 65.5% from $2.76 in the previous year[27] - Adjusted net income attributable to IES Holdings, Inc. was $75.2 million, compared to $54.6 million in the same quarter of 2024, reflecting a 37.5% increase[28] - Operating income for the same period was $97.7 million, up 30.9% from $74.6 million year-over-year[34] - Net income attributable to IES Holdings, Inc. increased to $91.4 million, a rise of 62.3% compared to $56.3 million in the prior year[35] - Adjusted EBITDA for the three months ended December 31, 2025, was $113.8 million, reflecting a 31.9% increase from $86.3 million in 2024[35] Revenue Segments - Communications segment revenue was $351.9 million in Q1 2026, a 51% increase from Q1 2025, driven by strong demand in the data center market[9] - Residential segment revenue decreased by 11% to $284.1 million in Q1 2026 due to ongoing challenges in the housing market[10] - Infrastructure Solutions segment revenue increased by 30% to $140.2 million in Q1 2026, reflecting strong demand for custom engineered solutions[11] - Communications segment revenue rose to $351.9 million, a significant increase of 50.1% from $232.9 million in the previous year[34] - Infrastructure Solutions segment operating income improved to $35.6 million, up 52.5% from $23.3 million year-over-year[34] - Residential segment revenue decreased to $284.1 million, down 11.2% from $320.0 million in the same period of 2024[34] Backlog and Performance Obligations - Remaining performance obligations were approximately $1.8 billion as of December 31, 2025[7] - Backlog stood at approximately $2.6 billion as of December 31, 2025[7] - Remaining performance obligations as of December 31, 2025, totaled $1,809 million, up from $1,215 million a year earlier, representing a 48.9% increase[37] - Backlog increased to $2,602 million as of December 31, 2025, compared to $1,754 million in the same period of 2024, marking a 48.5% growth[37] Cash Flow and Assets - Net cash provided by operating activities for the three months ended December 31, 2025, was $27.7 million, down from $37.3 million in the same period of 2024[33] - The company reported a net cash used in investing activities of $46.2 million, compared to $58.4 million in the prior year[33] - Cash and cash equivalents at the end of the period were $88.8 million, down from $127.2 million at the beginning of the period[33] - Total assets as of December 31, 2025, were $1,658.4 million, an increase from $1,595.7 million as of September 30, 2025[31] - Total stockholders' equity increased to $961.1 million from $884.0 million in the previous quarter, indicating a growth of 8.7%[31] Acquisition - The acquisition of Gulf Island Fabrication, Inc. was completed post-quarter end for an aggregate equity value of $192 million[7]

Financial Performance - Consolidated revenues for the three months ended December 31, 2025, were $870.96 million, an increase of 16.2% compared to $749.55 million for the same period in 2024[108][109] - Gross profit for the three months ended December 31, 2025, increased to $220.02 million, representing a gross profit margin of 25.3%, up from 23.8% in the prior year[108][110] - Operating income for the three months ended December 31, 2025, was $97.73 million, representing an operating margin of 11.2%, compared to 10.0% in the same period of 2024[108] - Net income attributable to IES Holdings, Inc. for the three months ended December 31, 2025, was $91.44 million, or 10.5% of revenues, compared to $56.30 million, or 7.5%, in the prior year[108] Segment Performance - The Communications segment's revenues rose by $119.0 million, or 51.1%, to $351.92 million, driven by strong demand in the data center market[112] - The Residential segment's revenues decreased by $35.9 million, or 11.2%, to $284.04 million, impacted by housing affordability challenges and economic uncertainty[115] - Infrastructure Solutions segment revenues increased by $32.1 million, or 29.6%, to $140.18 million, primarily due to strong demand for custom engineered solutions[118] - Revenues in the Commercial & Industrial segment increased by $6.3 million, or 7.2%, to $94.8 million for the three months ended December 31, 2025, compared to $88.5 million for the same period in 2024[122] - Gross profit for the segment rose by $5.0 million, or 33.3%, to $20.2 million, with gross profit as a percentage of revenue increasing to 21.3% from 17.1% year-over-year[123] Expenses - Selling, general and administrative expenses for the three months ended December 31, 2025, were $121.82 million, an increase of 18.2% from $103.04 million in the prior year[111] - Selling, general and administrative expenses as a percentage of revenue increased from 13.7% in the prior year to 14.0% for the three months ended December 31, 2025[111] - Selling, general and administrative expenses increased by $2.5 million, or 30.4%, to $10.5 million, with expenses as a percentage of revenue rising to 11.1% from 9.1%[124] Cash Flow and Investments - Net cash provided by operating activities was $27.7 million for the three months ended December 31, 2025, down from $37.3 million in the same period of 2024[150] - Net cash used in investing activities was $46.2 million for the three months ended December 31, 2025, compared to $58.4 million in the same period of 2024[151] - Net cash used in financing activities was $19.8 million for the three months ended December 31, 2025, compared to $20.6 million in the same period of 2024[152] - Total interest and other income, net, was $18.2 million for the three months ended December 31, 2025, compared to $3.0 million for the same period in 2024, driven by a net gain on marketable securities of $16.9 million[126][127] - An unrealized gain of $17.0 million was recorded in the three months ended December 31, 2025, from investments in marketable securities[158] - The fair value of investments in marketable securities was $169.9 million as of December 31, 2025[158] Tax and Obligations - Income tax expense increased to $28.4 million for the three months ended December 31, 2025, up from $20.0 million in the same period of 2024, primarily due to increased pretax income[129] - Remaining performance obligations as of December 31, 2025, were $1.8 billion, with backlog increasing to $2.6 billion from $2.4 billion as of September 30, 2025[134] Capital and Commitments - Working capital, excluding cash and equivalents, increased by $80.5 million during the three months ended December 31, 2025, reflecting a $62.7 million increase in current assets[136] - The Board authorized a stock repurchase program for up to $200.0 million of the Company's common stock[153] - As of December 31, 2025, the Company had firm commitments of $17.0 million for material purchases in the next 12 months[155] - The Company expects cash and cash equivalents, cash flow from operations, and availability under the revolving credit facility to be sufficient for cash requirements over the next 12 months[155] Risk Factors - The Company is exposed to fluctuations in commodity prices, including copper and aluminum, which may impact operational results[157] - Floating rate debt exposes the Company to interest rate risk, with borrowings under the revolving credit facility structured on floating rate terms[159] - The Company had no borrowings outstanding under the revolving credit facility as of December 31, 2025[159] - The Amended Credit Agreement uses SOFR as the benchmark for establishing interest rates on borrowings[159]

EXHIBIT 99.1 News Release ChoiceOne Reports Fourth Quarter 2025 Results Significant items impacting comparable periods of 2024 and 2025 results include the following: Highlights "2025 was a landmark year for ChoiceOne—not only because of the successful merger with Fentura and its subsidiary, The State Bank, but also due to our strong financial performance. These accomplishments are a direct result of the hard work and dedication of our exceptional team, whose efforts truly shined throughout the year" said K ...

Financial Performance - Fiscal 2026 Q1 GAAP operating income was $735 million, a 14% increase from the prior year, with a GAAP operating margin of 23.7%[1] - Adjusted operating income for Q1 was $757 million, up 12%, with an adjusted operating margin of 24.4%[1] - Q1 sales reached $3.1 billion, reflecting a 6% increase year-over-year, driven by a 3% higher energy cost pass-through and a 1% increase in pricing[1] - GAAP EPS for Q1 was $3.04, a 10% increase, while adjusted EPS was $3.16, also up 10% and exceeding guidance[3] - Operating income for the total segments increased to $756.5 million, a 12.3% rise compared to $673.5 million in the previous year[18] - Net income attributable to Air Products for the three months ended December 31, 2025, was $678.2 million, an increase of 9.8% from $617.4 million in the same period of 2024[15] - Total sales for the three months ended December 31, 2025, reached $3,102.5 million, up 5.8% from $2,931.5 million in the prior year[17] Guidance and Projections - The company maintains full-year fiscal 2026 adjusted EPS guidance of $12.85 to $13.15 and Q2 adjusted EPS guidance of $2.95 to $3.10[3] - Adjusted EPS for FY2025 is projected at $12.03, with an outlook for FY2026 adjusted EPS ranging from $12.85 to $13.15, reflecting a 7% to 9% increase[39] - The adjusted EPS guidance for FY2026 indicates a potential increase of $0.26 to $0.41 per share compared to FY2025[39] Capital Expenditures - Capital expenditures for fiscal 2026 are expected to be approximately $4.0 billion[3] - Capital expenditures for Q1 FY2026 were reported at $910.7 million, a decrease from $1,209.8 million in Q1 FY2025[33] - The company expects capital expenditures of approximately $4.0 billion for FY2026[35] Segment Performance - Americas segment sales were $1.3 billion, up 4%, with operating income of $404 million, a 4% increase[7] - Europe segment sales increased 12% to $782 million, with operating income rising 20% to $224 million[7] Cash Flow and Assets - Cash provided by operating activities was $900.7 million, compared to $811.7 million for the same period last year, reflecting a 10.9% increase[15] - Total current assets decreased to $5,103.2 million from $5,825.8 million, a decline of 12.4%[13] - Cash and cash items at the end of the period were $1,026.4 million, down from $1,845.5 million, a decrease of 44.4%[15] Liabilities and Debt - Total liabilities decreased to $23,403.6 million from $23,709.7 million, a reduction of 1.3%[13] - Long-term debt increased to $17,114.6 million from $16,769.9 million, reflecting a rise of 2.1%[13] Other Financial Items - The company recorded charges for business and asset actions totaling $28.3 million, impacting operating income by $22.0 million[25] - Non-service related pension items resulted in net non-operating costs of $3.4 million ($2.5 million after tax, or $0.01 per share) in Q1 FY2026, down from $10.5 million ($7.9 million after tax, or $0.04 per share) in Q1 FY2025[30] - Shareholder activism-related costs in Q1 FY2025 amounted to $29.9 million ($21.9 million after tax, or $0.10 per share) due to a proxy contest[27] - An unrealized gain of $38.8 million ($10.3 million attributable to Air Products after tax, or $0.05 per share) was recorded in Q1 FY2025 from the de-designation of cash flow hedges[28] - The unrealized gain on swaps that remained de-designated during Q1 FY2026 was not material, with all swaps re-designated as cash flow hedges as of January 1, 2026[29] Contracts and Negotiations - The company announced advanced negotiations with Yara International for low emission ammonia projects in the U.S. and Saudi Arabia[3] - Air Products secured supply contracts from NASA totaling over $140 million for liquid hydrogen[3]

Table of Contents 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 ¨ 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 001-40034 GRI BIO, INC. (Exact name of registrant as specified in its charter) | Delaware | | 82-4369909 | | --- | --- ...

FORM 10-K Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 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 ¨ 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 001-40034 GRI BIO, INC. (Exact name of registrant as specified in its charter) | Delaware | | 82-4369909 | | --- | --- | --- | | ( ...

SoFi Reports Fourth Quarter 2025 with Record Net Revenue of $1.0 Billion, Record Member and Product Growth, Net Income of $174 Million Adjusted Net Revenue up 37% to a record $1.0 billion Adjusted EBITDA up 60% to a record $318 million Fee-based Revenue up 53% to a record $443 million Member growth up 35% to a record 13.7 million members Product growth up 37% to a record 20.2 million products Management announces 2026 guidance and medium term outlook SAN FRANCISCO, Calif. – (BUSINESS WIRE) – January 30, 202 ...

CHURCH & DWIGHT CO., INC. News Release Contact: Lee McChesney Chief Financial Officer 609-806-1200 CHURCH & DWIGHT REPORTS Q4 2025 AND 2025 RESULTS AND PROVIDES 2026 OUTLOOK Q4 2025 NET SALES, ADJUSTED GROSS MARGIN, ADJUSTED EPS AND CASH FLOW EXCEED OUTLOOK 2026 OUTLOOK OF ORGANIC SALES GROWTH OF 3-4% and ADJUSTED EPS GROWTH OF 5-8% ANNOUNCES 4% DIVIDEND INCREASE | 2025 Fourth Quarter Results | 2025 Full Year Results | | --- | --- | | • Net Sales Growth +3.9%: Domestic +3.7% Int'l +5.2% SPD | • Net Sales Gr ...

Company Overview - The company serves 58 million homes and businesses across 41 states through its Spectrum brand, focusing on high-quality, competitively priced products [20]. - The company has invested $7.7 billion in its rural construction initiative since early 2022, activating approximately 1.3 million passings to expand broadband connectivity services [26]. - The company reported a total of 11,766 thousand mobile lines as of December 31, 2025, up from 9,858 thousand in 2024, indicating growth in mobile service adoption [36]. Internet and Connectivity Services - Spectrum Internet offers speeds up to 1 Gbps, with plans to provide symmetrical and multi-gigabit speeds across its entire footprint in the coming years [21]. - Spectrum Business provides Internet speeds up to 1 Gbps across its entire footprint, including a full range of video programming and business services [51]. - The mid-market and large business segment offers connectivity services with speeds up to 100 Gbps, addressing the needs of large businesses and government entities [52]. - The company offers specialized low-cost Internet services for qualified low-income households, including a 50 Mbps service and a 100 Mbps service [63]. - Spectrum plans to deploy WiFi 7 routers to unlock multi-gigabit speeds for nearly 500 million connected devices in customer homes and businesses [70]. Mobile and WiFi Services - The Advanced WiFi service is available to all Internet customers, providing enhanced security and control over connected devices [21]. - The company plans to launch the Invincible WiFi™ product in early 2026, featuring a tri-band advanced WiFi 7 router with 5G integration and battery backup [39]. - The Spectrum Mobile service utilizes a network of 49 million out-of-home WiFi access points and Verizon's cellular network, enhancing customer connectivity [41]. Video Services - The company has completed deals with major programmers to enhance video service offerings, including seamless entertainment applications at no additional cost [46]. - The Xumo stream boxes are deployed to new video customers, combining live TV with access to hundreds of content applications [47]. - The video on demand (VOD) service offers approximately 100,000 titles, accessible at no additional cost for linear subscription customers or for a fee on a transactional basis [49]. Advertising and Marketing - Spectrum Reach enables local advertising across up to 100 channels in over 90 markets, leveraging a large footprint to reach broader regional audiences [54]. - The company’s marketing strategy focuses on bundled services, aiming to increase the number of services sold per customer relationship and improve customer retention [78]. Financial Performance and Debt - As of December 31, 2025, the company had approximately 91,900 active full-time equivalent employees, with a focus on attracting and retaining highly-skilled U.S.-based talent [136]. - The company has a total debt of approximately $94.6 billion and a leverage ratio of 4.15 times Adjusted EBITDA as of December 31, 2025 [163]. - The company expects to incur additional debt, including $4.0 billion for the Cox Transactions and assuming approximately $12.6 billion of net debt from Cox Communications [163]. Regulatory and Compliance Challenges - The FCC's new rules require service providers to report broadband availability twice a year, with potential penalties for inaccurate reporting [123]. - The Communications Act imposes a cap on franchise fees of 5% of gross revenues from cable services, affecting operational costs [113]. - Federal courts have allowed states to regulate broadband Internet access services, leading to potential compliance challenges for Charter [118]. - The company is subject to various federal and state laws governing information security, with significant compliance deadlines approaching, including a cybersecurity audit certification due by April 1, 2028 [130]. Competition and Market Landscape - The company faces competition from FTTH providers like AT&T and Verizon, with approximately 27% and 16% of its operating footprint overlapping with these competitors [83]. - The company’s residential video service competes with various streaming services and traditional MVPDs, facing challenges from exclusive content offerings [86]. - The company is facing challenges in passing on programming cost increases to video customers, which is expected to adversely impact cash flow and operating margins [156]. Corporate Governance and Transactions - The company is involved in a merger with Liberty Broadband, which includes the acquisition of approximately 41.5 million shares of Charter Class A common stock [96]. - The completion of the Cox Transactions is contingent on several conditions, including regulatory approvals and the absence of adverse legal actions [186]. - The anticipated integration of Cox Communications may face challenges, including potential loss of key employees and disruption of ongoing businesses, which could delay expected cost savings [203]. Employee Compensation and Benefits - The company offers a starting minimum wage of at least $20 per hour for all hourly employees, significantly above state and federal minimum wage levels [139]. - Approximately 80% of employees are eligible for additional variable compensation based on performance, including annual bonuses for frontline supervisors and salaried employees [139]. - The company has absorbed the full premium cost increase for medical, dental, and vision coverage for the last 13 years, keeping it affordable for employees [139]. Cybersecurity and Data Privacy - The company is vulnerable to cybersecurity risks, including potential unauthorized access to networks and information systems, which could negatively impact operations and reputation [145]. - Legislative changes regarding consumer data privacy and security are ongoing, with new laws being enacted in multiple states that could impose additional requirements on the company [132].