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Etsy(ETSY) - 2025 Q4 - Annual Results
2026-02-19 12:01
Exhibit 2.1 Execution Version SALE AND PURCHASE AGREEMENT BY AND BETWEEN eBay Inc. and Etsy, Inc. Dated as of February 15, 2026 ARTICLE I | DEFINITIONS; | | INTERPRETATION 27 | | --- | --- | --- | | Section | 1.1 | Definitions 27 | | Section | 1.2 | Interpretation 46 | ARTICLE II | THE | SALE AND | PURCHASE; | CLOSING; | PURCHASE PRICE AND PAYMENT 47 | | --- | --- | --- | --- | --- | | | Section | 2.1 The | | Closing 47 | | | Section | 2.2 The | Sale and | Purchase 48 | | | Section | 2.3 Purchase | | Price ...
Amplitude(AMPL) - 2025 Q4 - Annual Results
2026-02-18 21:11
Exhibit 99.1 Amplitude Announces Fourth Quarter and Fiscal Year 2025 Financial Results SAN FRANCISCO – February 18, 2026 – Amplitude, Inc. (Nasdaq: AMPL), the leading AI analytics platform, today announced financial results for its fourth quarter and fiscal year ended December 31, 2025. "We're entering a new era of analytics—one where AI can monitor your product around the clock, and free up your team to focus on improving the experience," said Spenser Skates, co-founder and CEO of Amplitude. "The real adva ...
Jack in the Box(JACK) - 2026 Q1 - Quarterly Results
2026-02-18 21:11
Financial Performance - Jack in the Box reported a 6.7% decrease in same-store sales for Q1 2026, with franchise same-store sales down 7.0% and company-owned same-store sales down 4.7%[4]. - Total revenues decreased by 5.8% to $349.5 million, compared to $371.1 million in the prior year quarter[8]. - Net earnings from continuing operations were $14.4 million, down from $31.0 million in the prior year quarter[11]. - Diluted earnings per share from continuing operations were $0.75, compared to $1.61 in the prior year quarter[13]. - Adjusted EBITDA for Q1 2026 was $68.2 million, down from $88.8 million in the prior year quarter[12]. - Restaurant-Level Margin was $21.3 million, or 16.1%, down from $31.0 million, or 23.2%, a year ago[5]. - Franchise-Level Margin was $84.1 million, or 38.6%, a decrease from $97.1 million, or 40.9%, a year ago[5]. - Earnings from continuing operations for the 16 weeks ended January 18, 2026, were $14,389,000, down from $30,996,000 in the prior year, indicating a decrease of approximately 53.7%[29]. - The company reported a net loss of $2,458,000 for the 16 weeks ended January 18, 2026, contrasting with net earnings of $33,686,000 in the same period in 2025[29]. - Non-GAAP Adjusted Net Income for the same period was $19,241,000, down from $35,727,000 year-over-year, reflecting a decrease of 46.1%[41]. - Diluted earnings per share from continuing operations (GAAP) were $0.75, compared to $1.61 in the prior year, a decline of 53.4%[41]. - Adjusted EBITDA for the 16 weeks ended January 18, 2026, was $68,177,000, down from $88,837,000 in the same period of 2025, a decrease of 23.3%[50]. - The company reported a net loss of $80.719 million for the fiscal year, with a significant loss of $142.228 million in April due to discontinued operations[55]. Revenue and Sales - Company restaurant sales for the 16 weeks ended January 18, 2026, were $131,907,000, a decrease from $133,755,000 in the same period in 2025[34]. - Systemwide sales decreased to $1,268,549,000 in January 2026 from $1,366,102,000 in January 2025, representing a decline of about 7.1%[34]. - Company restaurant sales for the fiscal year totaled $416.715 million, with quarterly sales of $133.755 million in January, $95.095 million in April, $94.112 million in July, and $93.753 million in September[55]. - Franchise rental revenues reached $332.735 million for the fiscal year, with quarterly revenues of $105.781 million in January, $77.935 million in April, $76.538 million in July, and $72.481 million in September[55]. - Total revenues for the fiscal year amounted to $1.154 billion, with quarterly revenues of $371.064 million in January, $265.731 million in April, $262.401 million in July, and $254.770 million in September[55]. - Total franchise revenues for the period were $217,610,000, compared to $237,309,000 in the prior year, a decline of 8.3%[52]. Costs and Expenses - Cash flows provided by operating activities were $30,546,000 for the 16 weeks ended January 18, 2026, compared to $101,583,000 in the same period in 2025, a decline of about 70%[29]. - Food and packaging costs as a percentage of company restaurant sales rose to 29.7% in January 2026 from 25.9% in January 2025[31]. - The company incurred total operating costs and expenses of $954.776 million for the fiscal year, with quarterly costs of $300.584 million in January, $217.448 million in April, $214.036 million in July, and $222.708 million in September[55]. - Interest expense for the fiscal year totaled $79.094 million, with quarterly expenses of $24.380 million in January, $18.351 million in April, $18.135 million in July, and $18.228 million in September[58]. Assets and Liabilities - Total current assets increased to $232,218,000 in January 2026 from $220,372,000 in September 2025, reflecting a growth of approximately 3.8%[27]. - Long-term debt, net of current maturities, decreased to $1,564,253,000 in January 2026 from $1,674,235,000 in September 2025, a reduction of approximately 6.6%[27]. - Total stockholders' deficit improved slightly to $(936,038,000) in January 2026 from $(938,271,000) in September 2025[27]. Operational Changes - The company closed 14 restaurants and opened 6 in the first quarter, resulting in a net decrease of 8 restaurants[6]. - The company expects a restaurant count of 2,050 to 2,100 by the end of the fiscal year[19]. - The company has discontinued its dividend and share repurchase program[21].
Imperial Oil(IMO) - 2025 Q4 - Annual Report
2026-02-18 21:10
Risks and Uncertainties - The company faces risks from global, regional, and local changes in supply and demand for oil and gas, including potential impacts from government actions and trade policies [11]. - Future production and cash flows are highly dependent on the company's ability to replace produced reserves through exploration or acquisition [185]. - Economically recoverable oil and natural gas reserves involve significant uncertainties, including geological and engineering estimates [186]. - Future net cash flows are influenced by regulatory changes, including potential compliance costs related to greenhouse gas emissions [186]. - The company faces uncertainties related to future commodity prices that could impact reserves [186]. Financial Performance - Operating costs are expected to increase due to inflationary pressures, which could adversely affect financial results if not managed effectively [170]. - Low commodity prices may adversely affect reserves development and overall financial performance [186]. - Actual production and revenues may vary significantly from estimates, impacting financial forecasts [186]. - Variances in development costs and operating expenditures could be material to financial outcomes [186]. - Operating costs are subject to fluctuations that may influence overall profitability [186]. Technology and Innovation - The company has converted all haul trucks at the Kearl site to autonomous operation, enhancing productivity and safety, but risks remain if the system fails [177]. - The company may need to invest in new technology to comply with evolving regulations [186]. - The company relies on research and development to maintain its competitive position and must adapt to evolving technologies and regulatory environments [175]. Regulatory and Compliance - The company’s capital investment guidance in lower-emission technologies is contingent on public policy support and the availability of investment opportunities [16]. - Regulatory frameworks may impose significant compliance costs, affecting operational strategies [186]. Competitive Landscape - The competitive landscape includes growing competition from alternative energy sources and the need to effectively navigate changing market conditions [183]. Reputation and Project Management - The company’s reputation is a critical asset, influenced by operational incidents, consumer perceptions, and progress in energy transition efforts [184]. - The effectiveness of project management is crucial for maximizing efficiency in capital-intensive projects across the company's operations [172]. Cybersecurity - Cybersecurity threats pose significant risks, and the company employs multi-layered defenses to mitigate potential disruptions [180].
PennyMac Mortgage Investment Trust(PMT) - 2025 Q4 - Annual Report
2026-02-18 21:10
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, DC 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: 001-34416 PennyMac Mortgage Investment Trust (Exact name of registrant as specified in its charter) Maryland 27-0186273 (State or other ju ...
Reliance(RS) - 2025 Q4 - Annual Results
2026-02-18 21:10
EXHIBIT 99.1 Reliance, Inc. Reports Fourth Quarter and Full Year 2025 Financial Results – Strongest Q4 growth since 2021 with net sales of $3.5 billion up 11.9% and record tons sold up 5.8% year- over-year – 2025 net sales of $14.3 billion up 3.3% year-over-year – Record annual tons sold of 6.4 million up 6.2% – Repurchased $594.1 million of common stock in 2025 reducing outstanding shares by 4%, including $200.1 million in Q4 – Increased quarterly dividend 4.2% to $1.25 per share (annual: $5.00) PHOENIX, F ...
Medallion Financial (MFIN) - 2025 Q4 - Annual Results
2026-02-18 21:10
Exhibit 99.1 FOR IMMEDIATE RELEASE: MEDALLION FINANCIAL CORP. REPORTS 2025 FOURTH QUARTER AND FULL-YEAR RESULTS NEW YORK, NY – February 18, 2026 – Medallion Financial Corp. (NASDAQ: MFIN) ("Medallion" or the "Company"), a specialty finance company that originates and services loans in various consumer and commercial industries, along with offering loan origination services to fintech strategic partners, today announced its financial results for the quarter and full-year ended December 31, 2025. 2025 Fourth ...
MEDALLION BANK F(MBNKP) - 2025 Q4 - Annual Results
2026-02-18 21:10
Exhibit 99.1 FOR IMMEDIATE RELEASE: MEDALLION FINANCIAL CORP. REPORTS 2025 FOURTH QUARTER AND FULL-YEAR RESULTS NEW YORK, NY – February 18, 2026 – Medallion Financial Corp. (NASDAQ: MFIN) ("Medallion" or the "Company"), a specialty finance company that originates and services loans in various consumer and commercial industries, along with offering loan origination services to fintech strategic partners, today announced its financial results for the quarter and full-year ended December 31, 2025. 2025 Fourth ...
Medallion Bank Series G Pfd(MBNKO) - 2025 Q4 - Annual Results
2026-02-18 21:10
Exhibit 99.1 FOR IMMEDIATE RELEASE: MEDALLION FINANCIAL CORP. REPORTS 2025 FOURTH QUARTER AND FULL-YEAR RESULTS 2025 Fourth Quarter Highlights 2025 Full-Year Highlights Executive Commentary Andrew Murstein, President and Chief Executive Officer of Medallion Financial Corp. commented, "2025 marked a record year for Medallion, with solid performance across our core financial metrics and operating segments. We delivered increases in net interest income, net income, originations, and portfolio size on both a qu ...
DoorDash(DASH) - 2025 Q4 - Annual Report
2026-02-18 21:10
Table of Contents 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: 001-39759 ________________________________ ...