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Alarm.com(ALRM) - 2025 Q4 - Annual Report
2026-02-19 21:17
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: 001-37461 ALARM.COM HOLDINGS, INC. (Exact name of registrant as specified in its charter) Delaware 26-4247032 (State or other jurisdicti ...
Federal Agricultural Mortgage (AGM) - 2025 Q4 - Annual Results
2026-02-19 21:17
Financial Performance - Farmer Mac reported a record outstanding business volume of $33.4 billion, reflecting a net change of $3.8 billion, or 13% growth year-over-year[6]. - Net interest income increased by 10% year-over-year to $390.7 million, while the net effective spread rose by 13% to a record $383.0 million[6]. - Core earnings reached $182.9 million, or $16.66 per diluted share, representing a 7% increase compared to the previous year[6]. - The diluted EPS (GAAP) decreased by 20% year-over-year to $3.71, while diluted core EPS (Non-GAAP) fell by 8% to $3.66[5]. - Total revenues rose to $410,299,000 in 2025, up from $361,990,000 in 2024, marking an increase of 13.3%[27]. - Core earnings reached $182,949,000 in 2025, compared to $171,630,000 in 2024, representing a growth of 6.6%[27]. - Basic earnings per common share for the year ended December 31, 2025, were $16.73, up from $16.59 in 2024, an increase of 0.8%[23]. - The company reported a net earnings figure of $256,288,000 for 2025, up from $244,918,000 in 2024, which is an increase of 4.6%[27]. Capital and Assets - Farmer Mac's total core capital stood at $1.7 billion, with a Tier 1 Capital Ratio of 13.3% as of December 31, 2025[6]. - Total assets increased to $35,370,157 thousand as of December 31, 2025, up from $31,324,742 thousand in 2024, representing a growth of 12.8%[22]. - Total liabilities increased to $33,651,208 thousand in 2025, compared to $29,835,716 thousand in 2024, reflecting a growth of 12.5%[22]. - Total investment securities rose to $17,550,379 thousand in 2025, compared to $16,576,887 thousand in 2024, marking an increase of 5.9%[22]. - Loans held for investment increased to $13,877,051 thousand in 2025, up from $11,183,408 thousand in 2024, a growth of 24.1%[22]. - Outstanding business volume in Agricultural Finance increased to $21,515,452,000 as of December 31, 2025, compared to $20,494,673,000 as of December 31, 2024[34]. Dividends and Shareholder Returns - The Board of Directors declared a quarterly dividend of $1.60 per share, marking a 7% increase year-over-year and the fifteenth consecutive annual increase[7]. Risk Management and Expenses - The provision for losses for the year ended December 31, 2025, was $32,860 thousand, significantly higher than $11,579 thousand in 2024, indicating increased risk management measures[23]. - Total credit-related expenses increased significantly to $34,210,000 in 2025 from $11,686,000 in 2024, reflecting a rise of 192.5%[27]. - Operating expenses rose to $119,801,000 in 2025, up from $105,386,000 in 2024, which is an increase of 13.7%[27]. - The provision for losses surged to $32,860,000 in 2025, compared to $11,579,000 in 2024, indicating a significant increase of 183.5%[27]. Quarterly Performance - For the three months ended December 31, 2025, total core earnings amounted to $57,091,000, with segment core earnings from Agricultural Finance at $25,571,000[33]. - The company reported a net income of $47,924,000 for the quarter, reflecting the impact of unallocated expenses and income tax effects[33]. - Core earnings for December 2025 were reported at $39,996 thousand, compared to $49,622 thousand in September 2025, indicating a decrease of 19.5%[38]. - Total revenues for December 2025 amounted to $107,911 thousand, up from $105,086 thousand in September 2025, representing an increase of 2.7%[38]. - Net earnings for December 2025 were $59,652 thousand, down from $67,858 thousand in September 2025, a decline of 12.9%[38]. Management and Future Outlook - Management expressed confidence in the company's resilient business model and ability to deliver value to rural America and shareholders[3]. - The earnings conference call to discuss the financial results was scheduled for February 19, 2026[9]. - Farmer Mac's Annual Report on Form 10-K for the year ended December 31, 2025, was filed with the SEC, providing more detailed performance information[10].
Federal Agricultural Mortgage (AGM_A) - 2025 Q4 - Annual Results
2026-02-19 21:17
Farmer Mac Reports 2025 Results - Announces 7% Dividend Increase - - Outstanding Business Volume of $33.4 Billion - WASHINGTON, D.C., February 19, 2026 — The Federal Agricultural Mortgage Corporation (Farmer Mac; NYSE: AGM and AGM.A), the nation's secondary market provider that increases the accessibility of financing to provide vital liquidity for American agriculture and rural infrastructure, today announced its results for the fiscal quarter and year ended December 31, 2025. "Farmer Mac delivered another ...
Barings(BBDC) - 2025 Q4 - Annual Report
2026-02-19 21:17
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 Barings BDC, Inc. For the transition period from to Commission file number 814-00733 (Exact name of registrant as specified in its charter) (State or other jurisdiction of incorporation or organ ...
American Homes 4 Rent(AMH) - 2025 Q4 - Annual Results
2026-02-19 21:17
AMH Table of Contents | Summary | | | --- | --- | | Earnings Press Release | 3 | | Select Non-GAAP Reconciliations – Core Net Operating Income | 9 | | Fact Sheet | 11 | | Financial Information | | | Consolidated Statements of Operations | 12 | | Funds from Operations | 13 | | Core Net Operating Income – Total Portfolio | 14 | | Same-Home Results | 15 | | Consolidated Balance Sheets | 18 | | Debt Summary | 19 | | Capital Structure and Credit Metrics | 20 | | Property and Other Information | | | Top 20 Market ...
Copart(CPRT) - 2026 Q2 - Quarterly Results
2026-02-19 21:16
Exhibit 99.1 Copart, Inc. For Immediate Release Copart Reports Second Quarter Fiscal 2026 Financial Results Dallas, Texas February 19, 2026 — Copart, Inc. (NASDAQ: CPRT) today reported financial results for the quarter ended January 31, 2026. For the three months ended January 31, 2026, revenue, gross profit, and net income attributable to Copart, Inc. were $1.1 billion, $492.8 million, and $350.7 million, respectively. These represent a decrease in revenue of $(41.6) million, or (3.6)%; a decrease in gross ...
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]