Revenue Growth - Annual Recurring Revenue (ARR) reached $4.9 billion as of October 31, 2025, representing a year-over-year growth of 23% compared to $4.0 billion in 2024, which had a growth of 27%[180] - Total revenue for the three months ended October 31, 2025, increased by $224.1 million, or 22%, compared to the same period in 2024, reaching $1,234.2 million[205] - Total revenue increased by $611.5 million, or 21%, for the nine months ended October 31, 2025, compared to the same period in 2024[218] - Subscription revenue accounted for 95% of total revenue for both the three months ended October 31, 2025, and 2024, with subscription revenue increasing by $206.0 million, or 21%[206] - Professional services revenue increased by $18.1 million, or 38%, for the three months ended October 31, 2025, compared to the same period in 2024[207] - Professional services revenue increased by $42.3 million, or 30%, for the nine months ended October 31, 2025, compared to the same period in 2024[220] Expenses and Losses - Loss from operations for the three months ended October 31, 2025, was $69.4 million, compared to a loss of $55.7 million in 2024, representing a 25% increase in loss[203] - Net income attributable to CrowdStrike for the three months ended October 31, 2025, was $(33.997) million, a 102% increase in loss compared to $(16.822) million in 2024[203] - General and administrative expenses increased by $40.3 million, or 32%, for the three months ended October 31, 2025, compared to the same period in 2024[203] - General and administrative expenses increased by $173.3 million, or 51%, for the nine months ended October 31, 2025, compared to the same period in 2024, primarily due to expenses related to the July 19 Incident and an increase in stock-based compensation[227] - The company reported a net loss of $332.4 million for the nine months ended October 31, 2025, with a loss from operations of $384.9 million[246] Cash Flow and Financial Position - As of October 31, 2025, the company had $4.8 billion in cash and cash equivalents, along with $750 million available under its Revolving Facility, expected to meet cash needs for at least the next 12 months[233] - Net cash provided by operating activities was $1.1 billion for the nine months ended October 31, 2025, despite a net loss of $222.6 million[239] - Net cash used in investing activities totaled $641.5 million, primarily due to business acquisitions of $380.9 million and purchases of property and equipment of $199.6 million[240] - Net cash provided by financing activities was $81.1 million, mainly from the employee stock purchase plan and capital contributions from non-controlling interests[241] Cost of Revenue and Profitability - Total cost of revenue increased by $52.7 million, or 21%, for the three months ended October 31, 2025, reaching $307.8 million[208] - Gross profit for the three months ended October 31, 2025, was $926.4 million, a 23% increase from $755.1 million in 2024[210] - Subscription gross margin remained flat at 78% for the three months ended October 31, 2025, compared to the same period in 2024[210] - Professional services gross margin increased by six percentage points to 24% for the three months ended October 31, 2025, compared to 18% in 2024[211] Sales and Marketing Strategy - The company expects to continue investing significantly in sales and marketing efforts to grow its customer base both domestically and internationally[175] - Following the July 19 Incident, the company has experienced delays in creating sales opportunities and longer sales cycles, which may affect future revenue metrics[176] - The company has a low friction land-and-expand sales strategy, allowing customers to start with any number of cloud modules and easily add more over time[168] - The company views its professional services as a significant lead generator for new subscriptions, indicating a strategic focus on expanding its customer base[190] - Sales and marketing expenses increased by $72.8 million, or 18%, for the three months ended October 31, 2025, compared to the same period in 2024[212] Research and Development - Research and development expenses are expected to increase in dollar amount as the company invests in its technology architecture and software platform[195] - Research and development expenses increased by $72.0 million, or 26%, for the three months ended October 31, 2025, compared to the same period in 2024[213] - Research and development expenses increased by $266.6 million, or 35%, for the nine months ended October 31, 2025, compared to the same period in 2024[226] Deferred Revenue and Backlog - Deferred revenue as of October 31, 2025, was $4.1 billion, with $2.9 billion expected to be recognized as revenue in the next 12 months[236] - The company had a backlog of approximately $3.8 billion, which is subject to change based on customer agreements and renewals[258] - The company does not utilize backlog as a key management metric internally, indicating that it may not be a reliable indicator of future revenue performance[258] Employee and Labor Relations - The company had 10,410 full-time employees as of October 31, 2025, with no employees in the U.S. represented by a labor union[262] - The company has not experienced any work stoppages and considers its relations with employees to be good[262] Tax and Interest - The provision for income taxes increased by $4.4 million, or 71%, for the three months ended October 31, 2025, compared to the same period in 2024[217] - The provision for income taxes increased by $12.9 million, or 52%, during the nine months ended October 31, 2025, primarily due to foreign income taxes and withholding taxes[231] - Interest expense rose by $822,000, or 4%, while interest income decreased by $2.5 million, or 2%, for the nine months ended October 31, 2025, compared to the same period in 2024[228][229] Accounting and Compliance - There have been no significant changes in critical accounting policies and estimates during the nine months ended October 31, 2025, compared to the previous fiscal year[256] - Recent accounting pronouncements have been disclosed in the company's condensed consolidated financial statements, indicating ongoing compliance with accounting standards[266]

IPO and Financial Proceeds - The Company completed its Initial Public Offering (IPO) on February 11, 2021, raising gross proceeds of $276 million from the sale of 27,600,000 units at $10.00 per unit[16]. - A private placement of 5,013,333 warrants was executed simultaneously with the IPO, generating an additional $7.52 million in gross proceeds[17]. - The Company has incurred offering costs of approximately $15.71 million related to the IPO, including underwriting commissions and other costs[16]. - As of February 9, 2023, following shareholder redemptions, approximately $42.73 million remained in the trust account after $238.31 million was withdrawn for redemptions[22]. Business Combination and Structure - The Company extended the deadline for completing its initial business combination from May 11, 2025, to March 11, 2026, with shareholder approval[18]. - The Business Combination Agreement was signed on July 2, 2025, involving a merger with Mkango (Cayman) Limited, leading to the creation of a publicly traded company named "Mkango Rare Earths Limited"[36][37]. - The initial business combination must involve target businesses with a fair market value of at least 80% of the net assets held in the trust account[40]. - The company anticipates structuring its initial business combination to acquire 100% of the equity interests or assets of the target business, but may also acquire less than 100% if it meets certain objectives[41]. - The company will only complete a business combination if it owns or acquires 50% or more of the outstanding voting securities of the target, ensuring a controlling interest[41]. Shareholder Actions and Rights - In the February 2024 Extraordinary General Meeting, shareholders redeemed 2,195,847 Class A ordinary shares, resulting in $23.72 million being withdrawn from the trust account[25]. - Following the August 2024 Extraordinary General Meeting, shareholders redeemed 1,487,025 Class A ordinary shares, resulting in $16.48 million being withdrawn from the trust account[29]. - Public shareholders are entitled to receive funds from the trust account only if the initial business combination is not completed by March 11, 2026, or under specific shareholder vote conditions[102]. - The company intends to require Public Shareholders to submit a written request for redemption two business days prior to the scheduled vote[79]. - Redemption rights will not apply to warrants upon completion of the initial business combination[69]. Management and Operations - The company expects to conduct a due diligence review of prospective target businesses, which will include meetings with management, document reviews, and financial assessments[58]. - The company may seek to recruit additional managers for the target business post-initial business combination, but cannot assure the ability to do so[63]. - The decision to seek shareholder approval for a proposed business combination will be made at the company's discretion based on various factors[67]. - The company maintains its executive offices at 40 West 57th Street, New York, New York, which it considers adequate for current operations[107]. - The company currently has one executive officer who will devote time as necessary until the initial business combination is completed[108]. Regulatory and Compliance - The company is classified as an "emerging growth company," allowing it to take advantage of certain exemptions from reporting requirements, including not being required to comply with auditor attestation requirements[47]. - The company will remain an emerging growth company until it has total annual gross revenue of at least $1.235 billion or the market value of its Class A ordinary shares held by non-affiliates equals or exceeds $700 million[49]. - The company is required to evaluate its internal control procedures for the fiscal year ending December 31, 2024, as mandated by the Sarbanes-Oxley Act[112]. - The company has no current intention of suspending its reporting obligations under the Exchange Act prior to or after the initial business combination[113]. Risks and Challenges - The time and costs associated with selecting and evaluating a target business are uncertain, and costs incurred for unsuccessful evaluations will reduce available funds for future business combinations[59]. - The company may lack business diversification for an indefinite period after the initial business combination, which could impact its success depending on the performance of a single business[60]. - The company may face competition from other entities with similar business objectives, which may have greater financial and technical resources[106]. - If the initial business combination is not completed by March 11, 2026, the company will cease operations and redeem shares at a per-share price based on the trust account balance[91]. Redemption and Trust Account - The redemption price for Public Shares is initially anticipated to be $10.00 per share, including interest earned on the funds held in the trust account[103]. - If the company fails to complete the initial business combination by the deadline, it will redeem all Public Shares at a cash price equal to the aggregate amount in the trust account, initially expected to be $10.00 per share[105]. - The amount in the trust account at the completion of the initial public offering was $10.00 per Public Share, including interest earned[69]. - The company cannot redeem Public Shares if it would cause net tangible assets to fall below $5,000,001, to avoid being subject to SEC's "penny stock" rules[71]. - If the aggregate cash consideration for redemptions exceeds the available cash, the company will not complete the business combination or redeem any shares[81].

Revenue and Income - Total revenue for the three months ended October 31, 2025, was $742 million, a 11.6% increase from $665 million in the same period of 2024[14] - Subscription revenue reached $724 million for the three months ended October 31, 2025, up from $651 million in the same period of 2024, representing a 11.2% growth[14] - Net income for the three months ended October 31, 2025, was $43 million, compared to $16 million in the same period of 2024, marking a 168.8% increase[16] - Total revenue for the nine months ended October 31, 2025, reached $2,158 million, up by $230 million or 12% compared to $1,928 million in the same period of 2024[132] - The company reported a comprehensive income of $46 million for the three months ended October 31, 2025, compared to $20 million in the same period of 2024[16] Profitability and Expenses - Gross profit for the three months ended October 31, 2025, was $572 million, up from $508 million in the same period of 2024, reflecting a 12.6% increase[14] - Operating income for the three months ended October 31, 2025, was $23 million, compared to an operating loss of $16 million in the same period of 2024[14] - The gross margin for subscription services improved to 80% for the three months ended October 31, 2025, compared to 78% in the same period of 2024[136] - The cost of subscription revenue for the three months ended October 31, 2025, was $147 million, an increase of $7 million or 6% from $140 million in the same period of 2024[136] - Research and development expenses for the three months ended October 31, 2025, were $160 million, slightly up from $158 million in the same period of 2024[128] - Sales and marketing expenses for the three months ended October 31, 2025, were $271 million, reflecting a 6% increase from $256 million in 2024[149] - General and administrative expenses for the three months ended October 31, 2025, increased to $118 million, an 8% increase from $110 million in 2024[153] Assets and Liabilities - Total current assets as of October 31, 2025, were $3,201 million, a decrease from $3,416 million as of January 31, 2025[11] - Total liabilities decreased to $2,336 million as of October 31, 2025, down from $3,032 million as of January 31, 2025[11] - Cash and cash equivalents increased to $645 million as of October 31, 2025, from $409 million as of January 31, 2025[11] - Total stockholders' equity as of October 31, 2025, was $6,893 million, an increase from $6,405 million as of January 31, 2025[11] - The company reported a total of $1,818 million in short-term investments as of October 31, 2025, down from $2,114 million as of January 31, 2025[45] Stock and Equity - The company issued 1,205 shares of common stock during the three months ended July 31, 2024, raising an additional $9 million in paid-in capital[22] - The company’s total stockholders' equity increased to $6,265 million as of October 31, 2024, from $5,888 million as of January 31, 2024[22] - Unrecognized stock-based compensation expense related to outstanding equity awards was $689 million as of October 31, 2025[77] Taxation - The Company recorded a provision for income taxes of $7 million on pretax income of $50 million for the three months ended October 31, 2025, resulting in an effective tax rate of approximately 14.0%[79] - For the three months ended October 31, 2024, the company recorded a provision for income taxes of $9 million on a pretax income of $25 million, resulting in an effective tax rate of approximately 40.4%[84] - For the nine months ended October 31, 2024, the company recorded a provision for income taxes of $10 million on a pretax income of $15 million, resulting in an effective tax rate of approximately 69.6%[84] Customer Metrics - The dollar-based net retention rate was 106% as of October 31, 2025, indicating strong customer retention and expansion[133] - The number of customers with annual contract value (ACV) above $100,000 increased to 5,030 as of October 31, 2025, up from 4,705 in 2024[171] - Dollar-based net retention rate for the trailing 12 months ended October 31, 2025, was 106%, down from 108% in the previous year[171] Strategic Investments and Acquisitions - On September 4, 2025, the company acquired Axiom Security Ltd for $54 million, which is expected to enhance its privileged access management capabilities[92] - The acquisition of Axiom included $16 million for developed technology intangible assets and $40 million of goodwill, primarily attributed to the assembled workforce[93] - As of October 31, 2025, the balance of strategic investments was $32 million, up from $30 million as of January 31, 2025[51] Market Conditions and Risks - The company experienced cybersecurity incidents that adversely impacted its reputation and financial results, with potential future performance implications[106] - Current economic conditions, including market fluctuations and inflation, have the potential to adversely affect the company's business operations and financial results[107] - A hypothetical 10% change in foreign currency exchange rates would not have had a material impact on the company's financial statements during the nine months ended October 31, 2025[205] Cash Flow and Financing Activities - During the nine months ended October 31, 2025, cash provided by operating activities was $626 million, an increase of $162 million compared to the same period in 2024[193] - Cash used in financing activities increased to $622 million during the nine months ended October 31, 2025, primarily due to increased payments upon maturity and repurchase of convertible senior notes[198] - The company repurchased $42 million principal amount of the 2025 Notes for $40 million in cash during fiscal 2025, resulting in an aggregate gain on early extinguishment of debt of $19 million[188]

User Growth and Customer Base - GitLab has over 50 million registered users, with more than 50% of Fortune 100 companies as customers[126] - Base Customers increased to 10,475 as of October 31, 2025, from 9,519 as of October 31, 2024, representing a 10% increase[133] - Customers with ARR of $100,000 or more rose to 1,405 as of October 31, 2025, up from 1,144 as of October 31, 2024, a 23% increase[144] Financial Performance - Total revenue for the three months ended October 31, 2025, increased by $48.3 million, or 25%, to $244.4 million compared to $196.0 million for the same period in 2024[162] - Subscription revenue from self-managed and SaaS increased by $48.0 million, or 27%, to $223.3 million for the three months ended October 31, 2025, compared to $175.3 million for the same period in 2024[162] - Gross profit for the three months ended October 31, 2025, was $212.1 million, representing a gross margin of 87%, down from 89% in the same period of 2024[167] - The company reported a net loss attributable to GitLab of $8.3 million for the three months ended October 31, 2025, compared to a net income of $29.1 million for the same period in 2024[160] Expenses and Investments - GitLab plans to continue investing in research and development, expecting R&D expenses to increase in absolute terms in future periods[132] - GitLab's operating expenses are expected to rise due to increased investments in sales and marketing, R&D, and general administrative costs[138] - Research and development expenses for the three months ended October 31, 2025, were $68.7 million, an increase from $61.4 million in the same period of 2024[160] - General and administrative expenses for the three months ended October 31, 2025, were $50.8 million, compared to $46.0 million for the same period in 2024[160] - Sales and marketing expenses increased by $9.6 million, reaching $105.0 million for the three months ended October 31, 2025, a 10% increase from $95.3 million in the same period of 2024[171] Cash Flow and Liquidity - As of October 31, 2025, the principal source of liquidity was cash, cash equivalents, and short-term investments totaling $1.2 billion, up from $992.4 million as of January 31, 2025[196] - Cash provided by operating activities for the nine months ended October 31, 2025, was $187.1 million, compared to a cash outflow of $127.2 million for the same period in 2024[200][201] - Adjusted free cash flow for the nine months ended October 31, 2025, was $177.8 million, compared to $57.9 million for the same period in 2024[207] - The company believes existing cash and investments will support working capital and capital expenditure requirements for at least the next 12 months[197] Tax and Interest - The effective tax rate decreased by approximately 417.6% for the three months ended October 31, 2025, compared to the same period in 2024, primarily due to a pretax loss[191] - Interest income decreased by $882,000 to $11.7 million for the three months ended October 31, 2025, a 7% decline from $12.6 million in the same period of 2024[185] Foreign Exchange and Investments - The company has $59.1 million in cash and cash equivalents denominated in currencies other than the U.S. dollar, which may be affected by fluctuations in foreign exchange rates[215] - The company has not engaged in hedging foreign currency transactions to date but may consider it in the future[216]

Financial Performance - The company reported a net loss of $61,783 for the three months ended September 30, 2025, compared to a net loss of $20,600 for the same period in 2024, reflecting a year-over-year increase of 200%[9] - The basic and diluted net loss per ordinary share was $0.03 for the three months ended September 30, 2025, compared to $0.01 for the same period in 2024[9] - For the three months ended September 30, 2025, the Company incurred formation and operating costs of $61,800, resulting in a net loss of $61,783[78] - For the nine months ended September 30, 2025, the Company incurred formation and operating costs of $84,533, leading to a net loss of $84,486[78] Assets and Liabilities - As of September 30, 2025, total assets amounted to $2,194,422, a significant increase from $220,633 as of December 31, 2024[7] - Total current liabilities reached $2,156,996 as of September 30, 2025, compared to $147,055 as of December 31, 2024, indicating a substantial rise in obligations[7] - The total shareholders' equity decreased to $37,426 as of September 30, 2025, down from $73,578 as of December 31, 2024, indicating a decline of approximately 49%[11] - As of September 30, 2025, the Company had a working capital deficit of $252,875, compared to $141,302 as of December 31, 2024[26] Cash and Reserves - The company had cash reserves of $1,901,988 at the end of the reporting period, up from $1,487 at the beginning of the period[15] - The Company incurred deferred offering costs of $290,301 as of September 30, 2025, up from $214,880 as of December 31, 2024[33] - The amount due to related parties was $241,544 as of September 30, 2025, compared to $90,350 as of December 31, 2024[52] IPO and Fundraising - The company completed an IPO on October 23, 2025, raising gross proceeds of $60,000,000 from the sale of 6,000,000 units[22] - Transaction costs related to the IPO were approximately $1,957,585, which included $1,200,000 in cash underwriting fees[23] - The Company sold 6,000,000 units at $10.00 per unit during its IPO on October 23, 2025, generating total proceeds of $60 million[41] - The Sponsors and EBC purchased 252,500 Private Placement Units at $10.00 per unit, generating total proceeds of $2,525,000[42] - The Company has raised $1.9 million from the Sponsor for private placement units related to the IPO, with $1.7 million deposited into the Trust[47] - A private placement of 252,500 units was completed simultaneously with the IPO, generating total proceeds of $2,525,000[100] Business Operations - The company has not commenced any revenue-generating operations as of September 30, 2025, and all activities relate to its formation and IPO[21] - The Company has not engaged in any operations or generated revenues to date, with activities limited to organizational tasks and preparing for the IPO[77] - Following the IPO, the Company expects to incur increased expenses related to being a public company and conducting due diligence on potential business combination candidates[77] - The Company has not selected any specific business combination target and has not initiated substantive discussions with any potential targets[76] Going Concern - The Company has a substantial doubt about its ability to continue as a going concern if it cannot complete a Business Combination within the Combination Period[27] Accounting and Compliance - The company has not recognized any unrecognized tax benefits or accrued interest and penalties as of September 30, 2025[36] - The Chief Executive Officer and Chief Financial Officer concluded that disclosure controls and procedures were not effective at a reasonable assurance level[96] - The company has not identified any critical accounting policies or estimates that could materially affect financial statements[92] Advisory and Fees - The company has engaged Ascendant Global Advisors Inc. for accounting consulting services, incurring a service fee of $10,000 out of $20,000 in deferred offering costs[53] - The company has engaged EBC as an advisor for the Business Combination, with a service fee of 3.5% of the gross proceeds of the IPO[89] - The company has agreed to pay Ascendant Global Advisors Inc. a fixed quarterly rate of $5,250 for accounting services[90] - The company will incur an administration fee of up to $10,000 per month until the close of the Business Combination[91] Shareholder Information - The Company is authorized to issue 266,666,666 ordinary shares, with 2,475,000 ordinary shares issued and outstanding as of September 30, 2025[64] - The weighted average number of ordinary shares outstanding was adjusted for 300,000 shares subject to forfeiture if the over-allotment option is not exercised[38] Trust Account - An amount of $60,000,000 from the IPO proceeds was placed in a trust account, intended for the initial business combination[83] - Prior to the initial business combination, approximately $600,000 of proceeds held outside the trust account will be available for identifying and evaluating target businesses[84] - The company has deposited $60,000,000 in a trust account established in connection with the IPO[101]

Exhibit 99.1 AEO Inc. Reports Third Quarter Fiscal 2025 Results Exceeding Expectations; Raises Fourth Quarter Outlook December 2, 2025 – PITTSBURGH – (BUSINESS WIRE) – American Eagle Outfitters, Inc. (NYSE: AEO) today announced financial results for the third quarter ended November 1, 2025. "I'm extremely pleased with the significant trend change across our business reflecting decisive steps taken from merchandising to marketing to operations—all having a positive impact. Record third quarter revenue was hi ...

Financial Performance - Net sales for the first quarter of fiscal 2026 decreased by approximately 0.4% to $7,840 million from $7,871 million in the first quarter of fiscal 2025, primarily driven by a decrease in unit volumes, partially offset by inflation [124]. - Gross profit increased by $13 million, or 1.3%, to $1,051 million for the first quarter of fiscal 2026, with a gross profit margin of 13.4% compared to 13.2% in the prior year [129]. - Operating expenses decreased by $19 million, or 1.9%, to $996 million, representing 12.7% of net sales, down from 12.9% in the first quarter of fiscal 2025, due to cost-saving initiatives [130]. - Adjusted EBITDA increased by $33 million, or 24.6%, to $167 million for the first quarter of fiscal 2026, compared to $134 million in the prior year [138]. - Net loss attributable to United Natural Foods, Inc. was $4 million, or $0.06 per diluted common share, compared to a net loss of $21 million, or $0.35 per diluted common share, in the first quarter of fiscal 2025 [136]. Cost and Inflation - The company reported a product cost inflation of approximately 3% in Q1 fiscal 2026 compared to Q1 fiscal 2025 [106]. - Natural net sales increased by approximately 10.5% to $4,240 million, driven by higher unit volumes and inflation, while conventional net sales decreased by 11.7% to $3,325 million due to lower unit volumes [124][126][127]. Strategic Initiatives - The termination of a supply agreement in the East region is expected to accelerate progress towards long-term strategic objectives, with the affected business accounting for approximately $1 billion in annual sales [102]. - The company plans to continue investing in its Retail segment, focusing on customer-facing merchandising initiatives and technology [105]. - The company is focused on optimizing its cost structure and reducing net working capital [96]. Debt and Liquidity - Total liquidity as of November 1, 2025, was $1,327 million, consisting of $1,289 million in unused credit and $38 million in cash and cash equivalents [149]. - Total debt increased by $58 million to $1,920 million as of November 1, 2025, primarily due to net borrowings under the ABL Credit Facility [149]. - Interest expense, net decreased to $34 million from $36 million in the prior year, primarily due to lower outstanding long-term debt balances [134]. Capital Expenditures and Investments - Capital expenditures for the first quarter of fiscal 2026 were $16 million, a decrease of $33 million compared to $49 million in the first quarter of fiscal 2025 [154]. - Fiscal 2026 capital and cloud implementation spending is expected to be approximately $250 million, focusing on technology platform investments [155]. Pension and Other Obligations - The company expects to contribute approximately $50 million to multiemployer pension plans in fiscal 2026, subject to collective bargaining outcomes [162]. - Restructuring, acquisition, and integration-related expenses increased by $10 million to $22 million, primarily due to adjustments related to multiemployer pension plan withdrawal liabilities [131]. Operational Metrics - The company operates 70 grocery stores, including 53 Cub Foods and 17 Shoppers stores, as of November 1, 2025 [104]. - The company has 49 distribution centers across North America, representing approximately 28 million square feet of warehouse space [95]. - The company’s diversified customer base includes over 30,000 customer locations, ranging from large grocers to smaller retailers [95]. - The company is actively monitoring macroeconomic and geopolitical impacts on consumer behavior and discretionary income levels [100]. Tax and Regulatory - The effective tax rate for the first quarter of fiscal 2026 was a benefit rate of 55.6% on pre-tax loss, compared to 16.7% in the prior year, influenced by discrete tax benefits and a solar array tax credit [135]. - The company has not been subject to the fixed charge coverage ratio covenant under the ABL Loan Agreement as of the filing date of the Quarterly Report [150]. Share Repurchase - The company did not repurchase any shares in the first quarter of fiscal 2026, with $138 million remaining under the 2022 Repurchase Program [165].

Financial Performance - Fourth quarter sales were $389.2 million, a decrease of 2.2% compared to $397.9 million in the prior year period[3]. - Adjusted EBITDA increased to $45.2 million compared to $43.0 million in the prior year period[3]. - The net loss for the fourth quarter was $(162.8) million compared to $(9.9) million in the prior year period[3]. - Full year fiscal 2025 sales were $1,242.0 million, a decrease of 6.6% compared to $1,330.1 million in the prior year[9]. - Gross profit for the fourth quarter was $150.1 million, an increase of 4.8% compared to $143.2 million in the prior year[3]. - Basic and diluted earnings per share for the three months ended October 4, 2025, were both $(17.54), compared to $(1.07) for the same period in 2024[23]. - Adjusted net income for the year ended October 4, 2025, was $(43,664), compared to $(1,084) for the year ended September 28, 2024[25]. Impairments and Valuation - The company recorded an impairment of $183.8 million, including $180.7 million for goodwill[3][9]. - The company incurred impairments of $183,826 for the three months ended October 4, 2025, with no impairments reported for the same period in 2024[23]. - The company reported a non-cash change in valuation allowance for deferred taxes, impacting income tax benefit (expense) in the condensed consolidated statements of operations[35]. - The tax effect of total adjustments was based on the combined U.S. federal and state statutory tax rates, reflected in income tax benefit (expense) in the condensed consolidated statements of operations[35]. Store Closures and Operational Changes - The company plans to close 80 to 90 underperforming stores and one distribution center, which is expected to yield immediate EBITDA improvement for FY26[1][2]. - Inventory efficiency improved with a year-over-year reduction of approximately 10%[1][2]. Future Projections - Fiscal 2026 sales guidance is projected between $1,100 million and $1,250 million, with adjusted EBITDA expected between $55 million and $75 million[6]. Cash and Assets - Cash and cash equivalents totaled $64.3 million as of October 4, 2025, a decrease of $44.2 million compared to $108.5 million as of September 28, 2024[9]. - Total current assets decreased to $328,789 as of October 4, 2025, from $422,434 as of September 28, 2024[28]. - Total liabilities decreased to $1,149,467 as of October 4, 2025, from $1,227,474 as of September 28, 2024[28]. - The company had cash and cash equivalents of $64,340 as of October 4, 2025, down from $108,505 as of September 28, 2024[28]. Sales Data - Total sales for the three months ended October 4, 2025, were $389,206, a decrease of 2% from $397,859 for the same period in 2024[23]. - Gross profit for the three months ended October 4, 2025, was $150,094, an increase of 5.1% compared to $143,214 for the same period in 2024[23]. - Adjusted EBITDA for the three months ended October 4, 2025, was $45,163, an increase from $42,972 for the same period in 2024[25].

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 October 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 N ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, DC 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 October 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: 001-38240 ___________________ MONGODB, INC. Indicate by check mark whether the registrant ( ...