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Casella(CWST) - 2025 Q4 - Annual Results
2026-02-19 21:16
Exhibit 99.1 FOR IMMEDIATE RELEASE CASELLA WASTE SYSTEMS, INC. ANNOUNCES FOURTH QUARTER AND FISCAL YEAR 2025 RESULTS AND PROVIDES FISCAL YEAR 2026 GUIDANCE RUTLAND, VERMONT (February, 19, 2026) — Casella Waste Systems, Inc. (NASDAQ: CWST), a regional solid waste, recycling and resource management services company, today reported its financial results for the three and twelve-month periods ended December 31, 2025. Key Highlights: "We delivered strong fourth quarter results in line with expectations, closing ...
CarGurus(CARG) - 2025 Q4 - Annual Report
2026-02-19 21:16
Washington, D.C .20549 Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION ☒ 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 _________________ FORM 10-K (Mark One) Commission File Number: 001-38233 CARGURUS, INC. (Exact name of Registrant as specified in its charter) De ...
Akamai(AKAM) - 2025 Q4 - Annual Results
2026-02-19 21:15
Exhibit 99.1 FOR IMMEDIATE RELEASE Contacts: Johanna Schmitt Mark Stoutenberg Media Relations Investor Relations Akamai Technologies Akamai Technologies AkamaiPR@akamai.com mstouten@akamai.com AKAMAI REPORTS FOURTH QUARTER 2025 AND FULL-YEAR 2025 FINANCIAL RESULTS Fourth quarter highlights Full-year highlights CAMBRIDGE, Mass. – February 19, 2026 – Akamai Technologies, Inc. (NASDAQ: AKAM), the cybersecurity and cloud computing company that powers and protects business online, today reported financial result ...
RE/MAX(RMAX) - 2025 Q4 - Annual Results
2026-02-19 21:15
Financial Performance - Total revenue for Q4 2025 was $71.1 million, a decrease of 1.8% compared to Q4 2024[3] - Adjusted EBITDA for Q4 2025 was $22.4 million, down 4.0% from the previous year, with an Adjusted EBITDA margin of 31.5%[12] - Net income attributable to RE/MAX Holdings for Q4 2025 was $1.4 million, with GAAP EPS of $0.07, compared to $5.8 million and $0.31 in Q4 2024[11] - Revenue excluding Marketing Funds for Q4 2025 was $53.6 million, a decrease of 0.4% year-over-year, driven by negative organic revenue growth of 0.4%[6] - Continuing franchise fees decreased to $27,077,000 in Q4 2025 from $29,788,000 in Q4 2024, representing a decline of 9.1%[28] - Net income attributable to RE/MAX Holdings, Inc. for Q4 2025 was $1,440,000, down from $5,805,000 in Q4 2024, a decrease of 75.2%[28] - Operating income increased to $9,318,000 in Q4 2025 compared to $4,271,000 in Q4 2024, reflecting a growth of 118.8%[28] - Adjusted EBITDA for the year ended December 31, 2025, was $93,721 million, with an adjusted EBITDA margin of 32.1%[36] - Adjusted EBITDA for the year ended December 31, 2025, was $93,721 million, a decrease of 4.0% from $97,700 million in 2024[51] Agent Count and Market Presence - Total agent count increased by 1.4% to 148,660 agents, while U.S. and Canada combined agent count decreased by 4.6% to 72,977 agents[5] - The total agent count in the U.S. and Canada decreased to 72,977 as of December 31, 2025, down from 76,457 in the previous year, reflecting a decline of approximately 4.8%[34] Cash and Liquidity - Cash and cash equivalents as of December 31, 2025, were $118.7 million, an increase of $22.1 million from the previous year[14] - Cash and cash equivalents rose to $118,736,000 as of December 31, 2025, up from $96,619,000 in 2024, an increase of 22.9%[30] - The company’s cash, cash equivalents, and restricted cash at the end of the period increased to $193,068 million from $169,287 million at the beginning of the period[32] Future Guidance - For Q1 2026, the company expects revenue in the range of $69.0 million to $74.0 million and Adjusted EBITDA between $14.0 million and $17.0 million[16] - For the full year 2026, the company anticipates revenue between $285.0 million and $305.0 million, with Adjusted EBITDA in the range of $90.0 million to $100.0 million[16] - The company anticipates continued focus on innovation and enhancing its value proposition in the upcoming quarters[24] - The company anticipates that future Adjusted EBITDA will be impacted by similar charges and costs as in prior quarters, affecting financial guidance[60] Expenses and Liabilities - Total operating expenses for Q4 2025 were $61.8 million, a decrease of 9.4% compared to $68.2 million in Q4 2024[8] - Total liabilities decreased to $611,463,000 in 2025 from $639,988,000 in 2024, a reduction of 4.5%[30] Shareholder Returns - The company paid dividends totaling $498 million to Class A common stockholders in 2025, compared to $13,553 million in 2023[32] Cash Flow and Investments - Cash flows from operating activities for the year ended December 31, 2025, were $40,878 million, compared to $28,264 million in 2023, representing a growth of 44.7%[32] - The company reported a net cash used in investing activities of $7,782 million for the year ended December 31, 2025, an increase from $5,643 million in 2023[32] - Cash flow from operations for the year ended December 31, 2025, was $40,878 million, a decrease of 31.6% compared to $59,652 million in 2024[51] - Adjusted free cash flow for the year ended December 31, 2025, was $31,840 million, down 37.5% from $51,002 million in 2024[51] - Unencumbered cash generated for the year ended December 31, 2025, was $27,240 million, a decline of 41.3% compared to $46,402 million in 2024[51] Bad Debt and Interest Expense - The company incurred interest expense of $31,700 million for the year ended December 31, 2025, down from $36,258 million in 2024[36] - The company recorded a bad debt expense of $3,278 million in 2025, compared to $6,784 million in 2023, reflecting a decrease of 51.6%[32] Share Count - The weighted average shares of Class A common stock outstanding increased to 20,078,818 in Q4 2025 from 18,921,229 in Q4 2024[28] - Total diluted pro forma weighted average shares outstanding increased to 33,463,932 in Q4 2025 from 32,545,071 in Q4 2024[48] - Total basic pro forma weighted average shares outstanding rose to 32,638,418 in Q4 2025 from 31,480,829 in Q4 2024[48] - The dilutive effect of unvested restricted stock units was 825,514 for Q4 2025, compared to 1,064,242 in Q4 2024[48]
Harmonic(HLIT) - 2025 Q4 - Annual Results
2026-02-19 21:15
Financial Performance - Harmonic reported Q4 2025 net revenue of $157.3 million, with a full-year revenue of $570.8 million[4]. - Total revenue for the year ended December 31, 2025, was $360.52 million, down 26.2% from $488.20 million in 2024[38]. - Total GAAP revenue for the twelve months ended December 31, 2024, was $488.2 million, with a gross profit of $240.1 million, resulting in a gross margin of 49.2%[45]. - The company reported a basic loss per share of $0.49 for Q4 2025, compared to earnings of $0.33 per share in Q4 2024[32]. - For the year ended December 31, 2025, Harmonic Inc. reported a net loss of $43.31 million compared to a net income of $39.22 million in 2024[34]. - The company incurred $57.52 million in goodwill impairment charges, significantly impacting net income[34]. - Diluted earnings per share (EPS) for the year was $0.01 under GAAP and $0.23 under non-GAAP[43]. - For the three months ended December 31, 2025, GAAP income from continuing operations was $219, with a net income loss of $54.8 million[48]. - Non-GAAP income for the three months ended December 31, 2025, was $52.432 million, which is 23.6% of total revenue[48]. Revenue Segmentation - The Americas contributed $320.57 million, accounting for 89% of total revenue, while EMEA and APAC contributed $33.89 million (9%) and $6.06 million (2%), respectively[38]. - The top two customers represented 62% of total revenue, down from 81% in the previous year, indicating a diversification in the customer base[38]. Bookings and Backlog - The company achieved a record quarterly Broadband bookings of $346.9 million, resulting in a book-to-bill ratio of 3.5 for Q4 2025[3][8]. - Backlog and deferred revenue increased by 73% year-over-year to $573.8 million, up from $332.3 million[4][6]. Cash and Liquidity - Harmonic's cash position improved to $124.1 million as of December 31, 2025, compared to $101.5 million the previous year[6]. - Cash and cash equivalents increased to $124.46 million from $101.79 million in 2024, reflecting a strong liquidity position[34]. - The company generated net cash provided by operating activities of $107.97 million, an increase of 74.5% from $61.92 million in the previous year[34]. Expenses - Research and development expenses for the year ended December 31, 2025, were $74.958 million, an increase of 3.3% from $72.574 million in 2024[32]. - Selling, general and administrative expenses for the year ended December 31, 2025, were $82.755 million, up from $79.169 million in 2024[32]. - The total operating expense for the twelve months ended December 31, 2024, was $165.373 million, which is 33.9% of total revenue[45]. - The company experienced a significant impairment of goodwill, with charges of $57.521 million for the three months ended December 31, 2025[48]. Future Guidance - Q1 2026 GAAP financial guidance estimates net revenue between $100 million and $105 million, with a gross margin of 53.0% to 54.3%[9]. - For FY 2026, Harmonic projects net revenue between $440 million and $480 million, with a gross margin of 50.5% to 52.5%[11]. - Q1 2026 GAAP revenue guidance is projected to be between $100 million and $105 million, with Non-GAAP revenue expected to be in the same range[50]. - FY26 GAAP revenue guidance is estimated to be between $440 million and $480 million, while Non-GAAP revenue is also projected to be in the same range[50]. - Q1 2026 GAAP gross profit is expected to be between $53 million and $57 million, with Non-GAAP gross profit projected between $54 million and $58 million[50]. - FY26 GAAP gross profit guidance is between $222 million and $252 million, while Non-GAAP gross profit is expected to be between $224 million and $254 million[50]. - Q1 2026 GAAP diluted earnings per share is projected to be between $0.04 and $0.04, while Non-GAAP diluted earnings per share is expected to be between $0.11 and $0.12[50]. - FY26 GAAP diluted earnings per share guidance is estimated to be between $0.27 and $0.43, with Non-GAAP diluted earnings per share projected between $0.46 and $0.63[50]. - Total operating expenses for Q1 2026 are expected to be between $46 million and $48 million, while Non-GAAP operating expenses are projected to be between $36 million and $38 million[50]. - Total operating expenses for FY26 are estimated to be between $176 million and $181 million, with Non-GAAP operating expenses expected to be between $150 million and $155 million[50]. Adjusted Metrics - Adjusted EBITDA for Q4 2025 was $12.1 million, while the full-year adjusted EBITDA was $47.3 million[4][8]. - Adjusted EBITDA for the twelve months ended December 31, 2025, was $47.288 million, with total revenue of $360.523 million, resulting in an adjusted EBITDA margin of 13.1%[49]. - Stock-based compensation for the twelve months ended December 31, 2025, amounted to $21.641 million, contributing to total adjustments of $97.191 million[48]. - Harmonic Inc. reported a significant increase in stock-based compensation expenses, totaling $31.88 million in 2025 compared to $28.07 million in 2024[34].
Barings(BBDC) - 2025 Q4 - Annual Results
2026-02-19 21:15
Exhibit 99.1 (3) Based on weighted average shares outstanding during the period of 105,200,841. Investment Portfolio and Balance Sheet Highlights | Income Statement | Three Months Ended December 31, 2025 | | Three Months Ended September 30, 2025 | | Full Year Ended December 31, 2025 | | | --- | --- | --- | --- | --- | --- | --- | | | | Per | | Per | | Per | | (dollars in millions, except per share data) | Total Amount | (1) Share | Total Amount | (2) Share | Total Amount | (3) Share | | Net investment incom ...
Capital One(COF) - 2025 Q4 - Annual Report
2026-02-19 21:14
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 ____________________________________ FORM 10-K ___________________________________ ☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended December 31, 2025 ☐ 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. 001-13300 ____________________________________ CAPITAL ONE FINANCIAL CORPORATION ...
iRhythm(IRTC) - 2025 Q4 - Annual Results
2026-02-19 21:14
Exhibit 99.1 iRhythm Holdings Announces Fourth Quarter and Full Year 2025 Financial Results SAN FRANCISCO, February 19, 2026 (GLOBE NEWSWIRE) -- iRhythm Holdings, Inc. (NASDAQ: IRTC), a leading digital health care company focused on creating trusted solutions that detect, predict, and prevent disease, today reported financial results for the three months and full year ended December 31, 2025. Fourth Quarter 2025 Financial Highlights Full Year 2025 Financial Highlights Fourth Quarter 2025 Financial Results R ...
Floor & Decor(FND) - 2025 Q4 - Annual Results
2026-02-19 21:13
Floor & Decor Holdings, Inc. Announces Fourth Quarter and Fiscal 2025 Financial Results Highlights for the Fourth Quarter of Fiscal 2025: Net sales of $1,129.7 million increased 2.0% from the fourth quarter of fiscal 2024 Comparable store sales decreased 4.8% Diluted EPS of $0.36 Opened eight new warehouse stores ATLANTA--(BUSINESS WIRE)--February 19, 2026--Floor & Decor Holdings, Inc. (NYSE: FND) ("We," "Our," the "Company," or "Floor & Decor") announces its financial results for the fourth quarter and ful ...
Grainger(GWW) - 2025 Q4 - Annual Report
2026-02-19 21:13
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-K (Mark One) ☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended December 31, 2025 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from ______ to _______ Commission file number 1-5684 W.W. Grainger, Inc. (Exact name of registrant as specified in its charter) Illinois 36-1150280 (State or other juri ...