Workflow
MicroStrategy Inc Series A Pfd(STRK) - 2025 Q4 - Annual Results
2026-02-05 21:14
Exhibit 99.1 Contact: Strategy Shirish Jajodia Corporate Treasurer ir@strategy.com Strategy Announces Fourth Quarter 2025 Financial Results; Holds 713,502 BTC Bitcoin Highlights (as of February 1, 2026) 713,502 bitcoin holdings at a total cost of $54.26 billion, or $76,052 per bitcoin 22.8% BTC Yield achieved in FY2025 Capital Markets Highlights Largest US equity issuer in FY2025, representing ~8% of total US equity issuance $25.3 billion raised in FY2025 Five IPOs of preferred stock completed in FY2025, ra ...
Seneca(SENEB) - 2026 Q3 - Quarterly Report
2026-02-05 21:14
Table of Contents 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 0-01989 Seneca Foods Corporation UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form 10-Q (Mark one) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended December 27, 2025 (Exact name of Registrant as specified in its charter) New York 16 ...
Seneca(SENEA) - 2026 Q3 - Quarterly Report
2026-02-05 21:14
Financial Performance - Net sales for the three months ended December 27, 2025, totaled $508.3 million, an increase of $5.4 million or 1.1% compared to $502.9 million for the same period in 2024[91] - Net sales for the nine months ended December 27, 2025, were $1,265.8 million, an increase of $32.8 million or 2.7% compared to $1,233.0 million for the same period in 2024[94] - Gross margin for the three months ended December 27, 2025, was 16.4%, up from 9.8% in the prior year, primarily due to a LIFO credit and lower costs of current year seasonal pack products[97] - Gross margin for the nine months ended December 27, 2025, was 14.8%, up from 10.9% in the prior year, driven by increased net sales and a LIFO credit[102] - Adjusted net earnings for the nine months ended December 27, 2025, were $72.7 million, compared to $58.0 million for the same period in 2024[124] - EBITDA for the nine months ended December 27, 2025, was $167.2 million, an increase from $117.3 million in the same period of 2024[127] Operating Income and Expenses - Operating income as a percentage of net sales increased to 11.8% for the three months ended December 27, 2025, compared to 5.1% for the same period in 2024[96] - Selling, general, and administrative expenses as a percentage of net sales for the nine months ended December 27, 2025, were 5.0%, compared to 4.7% for the prior year[103] - Interest expense decreased from $7.8 million in the prior year quarter to $4.1 million, representing 0.8% of net sales, down from 1.6%[101] Cash Flow and Working Capital - For the nine months ended December 27, 2025, cash provided by operating activities was $114.2 million, a decrease from $243.6 million in the same period of 2024[114] - The net cash used in investing activities for the nine months ended December 27, 2025, was $26.5 million, primarily for capital expenditures of $27.0 million[117] - Net cash used in financing activities was $104.7 million for the nine months ended December 27, 2025, mainly due to payments of $94.0 million on term loans[119] - The company's working capital increased to $616.8 million as of December 27, 2025, from $579.2 million in the prior year[108] - The Company experienced an easing of working capital needs in fiscal year 2025, although adverse weather conditions impacted crop yields[111] Market Conditions and Challenges - The company faces rising costs and availability issues for raw materials, including fruits, vegetables, steel, and labor[134] - Crude oil prices are impacting distribution, packaging, and energy costs[134] - The company is experiencing an overall labor shortage, affecting recruitment and retention of employees[134] - There is a need for successful implementation of sales price increases and cost-saving measures to offset rising costs[134] - Competition and changes in consumer preferences are affecting demand for the company's products[134] - The company is at risk of losing significant customers or experiencing substantial reductions in orders[134] Strategic Initiatives - The Company believes its operations and existing liquidity sources will satisfy cash requirements for at least the next twelve months[113] - The Company utilized its Receivables Purchase Program to manage short-term liquidity and provide working capital flexibility[109] - The Company plans to seek strategic acquisitions to leverage existing capabilities and further build upon its business[109] - The ability to integrate acquisitions into operations is crucial for the company's expansion strategy[134] Regulatory and Financial Risks - The effective tax rate for the nine months ended December 27, 2025, was 23.6%, up from 23.2% in the prior year, primarily due to lower federal credits and higher earnings[107] - The company is exposed to fluctuations in interest rates related to its revolving credit facility and Amended Term Loan A-2[135] - The company utilizes both fixed and variable interest rate debt to manage interest rate risk[135] - Compliance with U.S., foreign, and local governmental regulations remains a significant concern for the company[134]
Ralph Lauren(RL) - 2026 Q3 - Quarterly Report
2026-02-05 21:13
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form 10-Q (Mark One) ☑ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended December 27, 2025 or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 Commission File Number: 001-13057 Ralph Lauren Corporation (Exact name of registrant as specified in its charter) (State or other jurisdiction of incorporation or organization) 650 Madis ...
Otis Worldwide (OTIS) - 2025 Q4 - Annual Report
2026-02-05 21:13
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 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 001-39221 ____________________________________ OTIS WORLDWIDE ...
Mitek Systems(MITK) - 2026 Q1 - Quarterly Report
2026-02-05 21:13
Financial Performance - Revenue for the three months ended December 31, 2025, was $44.2 million, an increase of 19% compared to $37.3 million in the same period of 2024[126] - Net income for the same period was $2.8 million, or $0.06 per diluted share, compared to a net loss of $4.6 million, or $0.10 per diluted share, in the prior year[126] - Cash provided by operating activities was $8.0 million for the three months ended December 31, 2025, compared to $0.6 million in the same period of 2024[126] Revenue Breakdown - Software license revenue increased by $1.9 million, or 16%, to $13.9 million, driven by standalone biometrics ID Live products[129] - SaaS, maintenance, and other revenue increased by $5.1 million, or 20%, to $30.3 million, primarily due to increased transaction volume from MiVIP and Check Fraud Defender products[129] Expenses - Cost of revenue increased by $2.5 million, or 41%, to $8.4 million, attributed to increased SaaS revenue and higher personnel costs[130] - Selling and marketing expenses decreased by $1.5 million, or 16%, to $8.1 million, due to a reallocation of headcount and lower stock-based compensation[131] - Research and development expenses decreased by $0.9 million, or 11%, to $7.4 million, primarily due to lower stock-based compensation and increased capitalized software development costs[132] - General and administrative expenses decreased by $0.8 million, or 7%, to $11.1 million, mainly due to lower bad debt expense and reduced professional fees[133] Other Income and Cash Flow - Other income increased by $0.9 million, or 166%, to $1.5 million, primarily due to lower foreign currency exchange losses and higher other income[137] - Net cash provided by operating activities for the three months ended December 31, 2025 was $8.0 million, an increase of $7.5 million compared to $0.6 million for the same period in 2024, primarily due to an increase in net income[140] Investment and Financing Activities - Net cash provided by investing activities was $24.4 million during the three months ended December 31, 2025, up from $0.8 million in the same period in 2024, mainly due to net maturities of investments of $25.8 million[141] - Net cash used in financing activities was $11.5 million for the three months ended December 31, 2025, compared to $3.1 million in the same period in 2024, primarily due to higher repurchases and retirements of Common Stock[142] - The company issued $155.3 million aggregate principal amount of 0.75% Convertible Senior Notes due 2026, with net proceeds of approximately $149.7 million after expenses[145] - The company entered into an Amended Credit Agreement providing for a delayed draw term loan of up to $75.0 million and a revolving line of credit of up to $25.0 million[152] Share Repurchase and Capital Structure - The company repurchased $10.0 million worth of shares, or 1,078,333 shares, during the three months ended December 31, 2025, at an average price of $9.27 per share[160] - Total purchases under the share repurchase program since inception reached $39.0 million as of December 31, 2025, with all repurchased shares retired[160] Cash and Investments - As of December 31, 2025, the company had $191.8 million in cash and cash equivalents, a decrease of $4.7 million, or 2%, from $196.5 million on September 30, 2025[139] - The company had investments of $16.7 million in available-for-sale debt securities as of December 31, 2025, with $15.0 million classified as current and $1.7 million as long-term[162] - Marketable securities had a fair market value of $16.7 million as of December 31, 2025, representing 4% of total assets[167] Financial Risks and Conditions - Cash and cash equivalents, along with proceeds from the Amended Credit Agreement, are expected to meet material cash requirements for at least the next twelve months[163] - The company has not used derivative financial instruments in its investment portfolio, which is focused on preserving principal and maximizing after-tax yields[167] - A hypothetical 100 basis point change in market interest rates would not materially impact the fair value of cash equivalents and debt securities due to their short maturities[168] - Operations in the UK, France, the Netherlands, and Spain are exposed to foreign currency exchange rate fluctuations, particularly between the U.S. dollar, Euro, and British pound sterling[169] - Inflation has not had a material effect on the company's financial condition or results of operations for the three months ended December 31, 2025[170] - The company may face challenges in offsetting higher costs due to inflation through price increases, which could harm its financial condition[171]
Coursera,(COUR) - 2025 Q4 - Annual Results
2026-02-05 21:12
Earnings Release Q4 and Full Year 2025 Coursera Reports Fourth Quarter and Full Year 2025 Financial Results MOUNTAIN VIEW, Calif. (BUSINESS WIRE) – Coursera, Inc. (NYSE: COUR), a leading global online learning platform, today announced financial results for its fourth quarter and full year ended December 31, 2025. A shareholder letter containing additional discussion of the Company's performance and outlook has been posted to the Investor Relations website at investor.coursera.com. "We closed 2025 with stro ...
Ingles Markets(IMKTA) - 2026 Q1 - Quarterly Report
2026-02-05 21:11
UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 10-Q (Mark One) x QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended December 27, 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: 0-14706. INGLES MARKETS, INCORPORATED (Exact name of registrant as specified in its charter) North Carolina 56-0846267 (State or ...
Advanced Drainage Systems(WMS) - 2026 Q3 - Quarterly Report
2026-02-05 21:11
Financial Performance - Net sales for the three months ended December 31, 2025, were $693.354 million, a slight increase from $690.538 million in the same period of 2024, while net sales for the nine months ended December 31, 2025, reached $2.374 billion, up from $2.288 billion in 2024, representing a year-over-year growth of 3.74%[13] - Gross profit for the three months ended December 31, 2025, was $259.152 million, compared to $241.594 million in 2024, indicating a gross margin improvement from 34.96% to 37.34%[13] - Operating income for the three months ended December 31, 2025, was $136.823 million, an increase from $126.864 million in 2024, reflecting a growth of 7.73%[13] - Net income attributable to ADS for the three months ended December 31, 2025, was $93.626 million, compared to $81.231 million in 2024, marking an increase of 15.5%[13] - The company reported a comprehensive income of $97.525 million for the three months ended December 31, 2025, compared to $74.068 million in 2024, representing a year-over-year increase of 31.7%[15] - Net income for the nine months ended December 31, 2025, was $394,628, an increase of 5% compared to $375,785 in 2024[18] - The Company reported a net income available to common stockholders of $93.6 million for the three months ended December 31, 2025, compared to $81.2 million for the same period in 2024, reflecting a year-over-year increase of 15.5%[51] - Basic net income per share for the nine months ended December 31, 2025, was $5.06, up from $4.81 in the same period of 2024, indicating a growth of 5.2%[51] Assets and Liabilities - Total assets as of December 31, 2025, were $4.144 billion, up from $3.690 billion as of March 31, 2025, indicating a growth of 12.3%[11] - Total liabilities increased to $2.115 billion as of December 31, 2025, from $2.055 billion as of March 31, 2025, reflecting a rise of 2.93%[11] - The company’s long-term debt obligations stood at $1.276 billion as of December 31, 2025, slightly up from $1.252 billion as of March 31, 2025[11] - Long-term debt obligations as of December 31, 2025, totaled $1.2757 billion, compared to $1.2516 billion as of March 31, 2025, reflecting an increase of 1.9%[55] Cash Flow and Management - The company’s cash position improved significantly, with cash increasing to $1.008 billion as of December 31, 2025, compared to $463.319 million as of March 31, 2025[11] - Net cash provided by operating activities increased to $779,133, up 44% from $540,264 in the previous year[18] - Net cash used in investing activities decreased significantly to $186,572 from $402,889, indicating improved cash management[18] - Cash and restricted cash at the end of the period totaled $1,010,903, a substantial increase from $494,753 in the previous year[18] - The company reported a net change in cash of $541,632, a significant improvement from a decrease of $1,095 in the previous year[18] - Cash paid for income taxes for the nine months ended December 31, 2025, was $83.411 million, a decrease from $111.420 million in the same period of 2024[76] Capital Expenditures and Investments - Capital expenditures for the period were $196,737, compared to $166,410 in the prior year, reflecting an 18% increase[18] - Capital expenditures for the three months ended December 31, 2025, totaled $85.719 million, significantly higher than $54.228 million in the same period of 2024, reflecting an increase of 58.1%[74] - The company incurred $17.7 million in restructuring expenses related to the closure of a recycling facility and other optimization efforts during the nine months ended December 31, 2025[35] - The acquisition of Orenco Systems, Inc. was completed for a total consideration of approximately $236.3 million, which includes a purchase price of $255 million net of cash acquired[39] - The company completed the acquisition of River Valley Pipe LLC for a preliminary fair value of consideration transferred of approximately $18.8 million[41] - The company completed the acquisition of National Diversified Sales (NDS) for approximately $1.0 billion on February 2, 2026, enhancing its water management business[78] Stockholder Information - Common stock dividends paid were $42,099, compared to $37,324 in the previous year, reflecting a 13% increase[18] - The Company’s common stock dividends declared were $42.1 million, equating to $0.54 per share[36] - A quarterly cash dividend of $0.18 per share was declared, payable on March 16, 2026, to stockholders of record as of March 2, 2026[77] Segment Performance - Net sales from the Pipe segment for the three months ended December 31, 2025, were $326.713 million, a decrease of 7.2% from $339.629 million in 2024[72] - The Infiltrator segment reported net sales of $152.881 million for the three months ended December 31, 2025, compared to $150.013 million in 2024, marking a growth of 1.9%[72] - Total consolidated net sales for the nine months ended December 31, 2025, reached $2.373615 billion, an increase of 3.7% from $2.288484 billion in 2024[72] - Segment Adjusted Gross Profit for the three months ended December 31, 2025, was $296.107 million, up from $275.943 million in 2024, indicating a growth of 7.3%[72] - Adjusted gross profit for the three months ended December 31, 2025, was $296.107 million, up from $275.943 million in the same period of 2024, representing an increase of 7.3%[73] Stock-Based Compensation - Stock-based compensation expense rose to $25,816, up 19% from $21,758 in the prior year[19] - The company’s stock-based compensation expense was recorded at $25.8 million for the three months ended December 31, 2025[36] - Total stock-based compensation expense for the three months ended December 31, 2025, was $8.835 million, an increase from $7.798 million in 2024, representing a growth of 13.3%[65] - For the nine months ended December 31, 2025, stock-based compensation expense totaled $25.816 million, up from $21.758 million in 2024, reflecting a year-over-year increase of 18.5%[66] Other Financial Metrics - The effective tax rate for the three months ended December 31, 2025, was 24.9%, compared to 25.0% for the same period in 2024[64] - The Company has a maximum potential obligation of $5.5 million under a guarantee for the South American Joint Venture as of December 31, 2025[54] - The Company has no outstanding purchase commitments with fixed price and quantity as of December 31, 2025[62] - The Company’s Senior Notes due 2027 and 2030 have fair values of $350.1 million and $511.8 million, respectively, as of December 31, 2025[61] - A 1.0% increase in interest rates on variable-rate debt would raise the annual forecasted interest expense by approximately $4.0 million based on borrowings as of December 31, 2025[134]
Silicon Valley Acquisition(SVAQU) - 2025 Q3 - Quarterly Report
2026-02-05 21:11
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q (Exact Name of Registrant as Specified in Its Charter) Cayman Islands N/A (State or other jurisdiction of incorporation or organization) (I.R.S. Employer Identification No.) 228 Hamilton Avenue, 3 Floor Palo Alto, California 94301 (Address of principal executive offices) (Zip Code) (MARK ONE) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarter ended September 30, 2025 ☐ TRA ...