Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 -_________________________ Form 10-K _________________________ (Mark One) x ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended June 30, 2025 OR o 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 001-38442 IBEX LIMITED (Exact name of Registrant as ...

Exhibit 99.1 IBEX Reports Strongest Quarterly Growth Rate in Nearly 3 Years, Record Fiscal Year 2025 Financial Results, Introduces Fiscal Year 2026 Guidance WASHINGTON, DC— September 11, 2025 —IBEX Limited ("ibex"), a leading provider in global business process outsourcing and end-to-end customer engagement technology solutions, today announced financial results for its fourth quarter and fiscal year ended June 30, 2025. | | | | | Three months ended June 30, | | | | | Twelve months ended June 30, | | | | -- ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q (Mark One) For the quarterly period ended August 2, 2025 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For transition period from to Commission File Number 001-40571 TORRID HOLDINGS INC. (Exact name of registrant as specified in its charter) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 (State or other jurisdiction of incorporation or o ...

SECOND QUARTER 2025 FINANCIAL RESULTS AND SHAREHOLDER LETTER Exhibit 99.2 A LETTER FROM OUR CHAIRMAN AND CEO RH REPORTS SECOND QUARTER 2025 REVENUES INCREASED 8.4%, NET INCOME INCREASED 79% AND FREE CASH FLOW OF $81M SECOND QUARTER 2025 HIGHLIGHTS GAAP Net Revenues Increased 8.4% to $899.2M Free Cash Flow of $80.7M Please see the tables below for reconciliations of all GAAP to non-GAAP measures referenced in this press release. There are no adjustments to GAAP net revenues presented in this press release. T ...

Exhibit 99.1 Farmer Brothers Coffee Reports Fourth Quarter and Full Year Fiscal 2025 Financial Results Fiscal year 2025 gross margin increase of 420 basis points year-over-year to 43.5% Reported full year net loss of $14.5 million, increase in year-over-year adjusted EBITDA of more than $14 million 1 Fiscal 2025 net sales of $342.3 million Fort Worth, Texas, Sept. 11, 2025 – Farmer Brothers Coffee Co. (NASDAQ: FARM), a leading roaster, wholesaler and distributor of coffee, tea and allied products, announced ...

Exhibit 99.1 Kestra Medical Technologies Reports First Quarter Fiscal 2026 Financial Results KIRKLAND, Wash., September 11, 2025 (GLOBE NEWSWIRE) — Kestra Medical Technologies, Ltd. (Nasdaq: KMTS), a wearable medical device and digital healthcare company, today reported financial results for the first quarter fiscal 2026, which ended July 31, 2025. Financial Highlights First Quarter Fiscal 2026 Financial Results *Adjusted EBITDA is a non-GAAP financial measure. See "Use of Non-GAAP Financial Measures" below ...

PART I [Business Overview](index=6&type=section&id=Item%201.%20Business) Guidewire Software, Inc. is a leading platform provider for property and casualty (P&C) insurers, offering core systems, digital engagement, analytics, and AI capabilities primarily through cloud-based subscription services. The company's growth strategy focuses on continuous product enhancement, efficient cloud operations, and expanding local content, serving a diverse customer base globally. The P&C insurance industry is undergoing rapid transformation, driven by increased catastrophes, rising customer expectations for digital interactions, and demand for data-driven decision-making, which Guidewire addresses with its modern, cloud-based solutions - **Guidewire** is the platform P&C insurers rely on to engage with customers, innovate, and operate more efficiently, serving insurers of all sizes globally[20](index=20&type=chunk) - The platform combines core systems of record (InsuranceSuite, InsuranceNow) with digital, analytics, and AI capabilities, delivered primarily as a cloud-based subscription service leveraging **Guidewire Cloud Platform (GWCP)**[21](index=21&type=chunk) - Key industry trends driving demand for **Guidewire's** solutions include the need for agility and efficiency from core systems, increased catastrophes, rising customer expectations for digital engagement, and advances in data and AI-based analytics[27](index=27&type=chunk)[28](index=28&type=chunk) - Subscription agreements are generally five years in duration, with annual renewals, and pricing for core products is typically based on Direct Written Premium (DWP) managed on the platform[24](index=24&type=chunk) - As of July 31, **2025**, **Guidewire** had approximately **500** customers, representing about **570** insurance brands across **43** countries[71](index=71&type=chunk) - The company experiences seasonal variations, with increased license and subscription orders in the fourth fiscal quarter due to sales team incentives, though ratable subscription revenue recognition dampens this impact over time[87](index=87&type=chunk) [Overview and Purpose](index=6&type=section&id=Overview%20and%20Purpose) This section provides an overview of the company's business and its strategic objectives [Industry Background](index=6&type=section&id=Industry%20Background) The industry context and key trends influencing the company's market are discussed [Products](index=9&type=section&id=Products) Details on the company's product offerings and their functionalities are presented [Technology](index=14&type=section&id=Technology) The underlying technology and infrastructure supporting the company's solutions are described [Services](index=14&type=section&id=Services) Information on the professional services and support provided by the company is outlined [Customer Support](index=14&type=section&id=Customer%20Support) The company's approach to customer assistance and support services is detailed [Employees and Human Capital Resources](index=14&type=section&id=Employees%20and%20Human%20Capital%20Resources) Information regarding the company's workforce, talent management, and human capital strategies is provided [Customers](index=16&type=section&id=Customers) The company's customer base, segments, and engagement strategies are highlighted [Strategic Relationships](index=16&type=section&id=Strategic%20Relationships) Key partnerships and alliances that support the company's business objectives are discussed [Sales and Marketing](index=17&type=section&id=Sales%20and%20Marketing) The company's strategies for sales, marketing, and market penetration are presented [Research and Development](index=17&type=section&id=Research%20and%20Development) Details on the company's innovation efforts, R&D investments, and future product pipeline are provided [Competition](index=17&type=section&id=Competition) An analysis of the competitive landscape and the company's market positioning is offered [Intellectual Property](index=19&type=section&id=Intellectual%20Property) Information on the company's intellectual property, patents, and protective measures is outlined [Information about Segment and Geographic Revenue](index=19&type=section&id=Information%20about%20Segment%20and%20Geographic%20Revenue) Revenue breakdown by business segment and geographical regions is presented [Seasonality](index=19&type=section&id=Seasonality) The impact of seasonal trends on the company's financial performance is discussed [Where You Can Find More Information](index=20&type=section&id=WHERE%20YOU%20CAN%20FIND%20MORE%20INFORMATION) Guidance on where to access additional public information about the company is provided [Risk Factors](index=21&type=section&id=Item%201A.%20Risk%20Factors) Guidewire faces a range of material risks, including significant fluctuations in quarterly and annual results due to economic conditions, customer behavior, and contract terms. The company's reliance on a relatively small number of large P&C insurance customers, coupled with lengthy sales and implementation cycles, poses substantial business risks. Intense competition, challenges in managing expanding global and hybrid operations, and the evolving regulatory landscape around AI and data privacy are also critical concerns. Furthermore, potential cybersecurity incidents, intellectual property disputes, and financial risks related to indebtedness and market volatility could adversely impact the company's operations and financial performance - Quarterly and annual results may fluctuate **significantly** due to economic conditions, customer behavior, contract provisions, operational costs, and seasonality, impacting stock price[94](index=94&type=chunk)[96](index=96&type=chunk)[97](index=97&type=chunk) - Reliance on a relatively small number of P&C insurance customers (top **10** accounted for **20%** of revenue and **ARR** in FY2025) gives them substantial negotiating leverage, affecting pricing and contract terms[94](index=94&type=chunk)[100](index=100&type=chunk)[101](index=101&type=chunk) - Lengthy and variable sales and implementation cycles require significant resource expenditure before revenue generation, with factors beyond control potentially causing delays and increased costs[94](index=94&type=chunk)[102](index=102&type=chunk)[103](index=103&type=chunk) - **Intense competition** from internal solutions, P&C software vendors, horizontal software vendors, and emerging insurtech companies, including those leveraging AI technologies, could lead to market share decline and increased pricing pressure[94](index=94&type=chunk)[104](index=104&type=chunk)[105](index=105&type=chunk)[108](index=108&type=chunk) - Issues in the development and use of AI, combined with an uncertain regulatory environment, may result in reputational harm, liability, or other adverse consequences to business operations[94](index=94&type=chunk)[113](index=113&type=chunk)[116](index=116&type=chunk) - Exposure to risks in relation to **data security incidents** or breaches of cloud-based products, unauthorized access to data, and the related impact on operating the cloud environment could harm reputation and lead to liabilities[94](index=94&type=chunk)[160](index=160&type=chunk)[161](index=161&type=chunk) - Compliance with current and evolving local **data privacy** and cybersecurity laws and regulations (e.g., GDPR, CCPA, EU AI Act) in all jurisdictions where customers are located may increase costs and liabilities[94](index=94&type=chunk)[168](index=168&type=chunk)[169](index=169&type=chunk)[171](index=171&type=chunk) - Servicing **$690.0 million** in **2029 Convertible Senior Notes** requires significant cash, and the company may not have sufficient cash flow or ability to raise funds for conversions or repurchases, potentially impacting business and results of operations[221](index=221&type=chunk)[222](index=222&type=chunk)[223](index=223&type=chunk) [Summary of Material Risks Associated with Our Business](index=21&type=section&id=SUMMARY%20OF%20MATERIAL%20RISKS%20ASSOCIATED%20WITH%20OUR%20BUSINESS) A concise overview of the primary risks impacting the company's business operations and financial health is presented [Risks Related to Our Business and Industry](index=23&type=section&id=Risks%20Related%20to%20our%20Business%20and%20Industry) Specific risks pertaining to the company's business model and the broader industry environment are detailed [Risks Related to Data Security and Privacy, Intellectual Property, and Information Technology](index=39&type=section&id=Risks%20Related%20to%20Data%20Security%20and%20Privacy%2C%20Intellectual%20Property%2C%20and%20Information%20Technology) Risks associated with data protection, intellectual property, and IT infrastructure are outlined [Risks Related to Legal, Regulatory, Accounting, and Tax Matters](index=45&type=section&id=Risks%20Related%20to%20Legal%2C%20Regulatory%2C%20Accounting%2C%20and%20Tax%20Matters) Potential legal, regulatory, accounting, and tax-related risks are discussed [Risks Related to Ownership of Our Common Stock](index=46&type=section&id=Risks%20Related%20to%20Ownership%20of%20Our%20Common%20Stock) Risks pertinent to holding the company's common stock are presented [General Risk Factors](index=48&type=section&id=General%20Risk%20Factors) Broad risk factors that could generally affect the company's operations are outlined [Unresolved Staff Comments](index=54&type=section&id=Item%201B.%20Unresolved%20Staff%20Comments) The company has no unresolved staff comments from the SEC - No unresolved staff comments are applicable to the company[243](index=243&type=chunk) [Cybersecurity](index=55&type=section&id=Item%201C.%20Cybersecurity) Guidewire maintains a comprehensive cybersecurity risk management program, integrated into its enterprise risk management, to protect critical systems and customer data. The program adheres to industry-leading frameworks and is overseen by the Board's Risk Committee, with management, including the CISO, responsible for its implementation and ongoing assessment - **Guidewire** has a cybersecurity risk management program to safeguard products and protect confidentiality, integrity, and availability of customer data and confidential information[244](index=244&type=chunk)[245](index=245&type=chunk) - The program adopts best practices from industry-leading frameworks like ISO 27001, SOC 2, U.S. NIST Cybersecurity Framework (CSF), and CIS Critical Security Controls[246](index=246&type=chunk) - The Board's Risk Committee oversees cybersecurity risk management, receiving periodic reports from management, including the Chief Information Security Officer (CISO)[249](index=249&type=chunk)[250](index=250&type=chunk)[252](index=252&type=chunk) - No risks from known cybersecurity threats have **materially affected** or are reasonably likely to **materially affect** the company's operations, business strategy, results of operations, or financial condition to date[248](index=248&type=chunk) [Risk Management and Strategy](index=55&type=section&id=Risk%20Management%20and%20Strategy) The company's approach to identifying, assessing, and mitigating cybersecurity risks is described [Governance](index=55&type=section&id=Governance) Details on the oversight structure for cybersecurity risk management are provided [Properties](index=56&type=section&id=Item%202.%20Properties) Guidewire's corporate headquarters are in San Mateo, California, and its European headquarters are in Dublin, Ireland. The company leases additional facilities globally for various operations and believes its current facilities are adequate, with plans for future expansion as needed - Corporate headquarters in San Mateo, California (**79,000** sq ft, leased through June **2027**)[254](index=254&type=chunk) - European headquarters in Dublin, Ireland (**85,000** sq ft, leased through March **2032**)[254](index=254&type=chunk) - The company leases additional facilities globally for sales, services, development, operations, and administrative activities[254](index=254&type=chunk) [Legal Proceedings](index=56&type=section&id=Item%203.%20Legal%20Proceedings) Guidewire is involved in routine legal proceedings but does not anticipate any outcomes that would have a material adverse effect on its business or financial position. No accruals for claims were recorded as of July 31, 2025 and 2024 - The company is involved in legal proceedings arising in the ordinary course of business[256](index=256&type=chunk) - No current legal proceeding is judged likely to have a **material adverse effect** on the business or financial position[257](index=257&type=chunk) - No accrual for claims has been recorded as of July 31, **2025** and **2024**[547](index=547&type=chunk) [Mine Safety Disclosures](index=56&type=section&id=Item%204.%20Mine%20Safety%20Disclosures) This item is not applicable to Guidewire Software, Inc - Mine Safety Disclosures are not applicable to the registrant[259](index=259&type=chunk) PART II [Market for Registrant's Common Equity, Related Stockholder Matters and Issuer Purchases of Equity Securities](index=58&type=section&id=Item%205.%20Market%20for%20Registrant%27s%20Common%20Equity%2C%20Related%20Stockholder%20Matters%20and%20Issuer%20Purchases%20of%20Equity%20Securities) Guidewire's common stock is listed on the NYSE under the symbol 'GWRE'. As of July 31, 2025, the closing price was $226.22 per share, with 31 holders of record. The company has not declared or paid cash dividends and does not anticipate doing so. A performance graph illustrates the cumulative total return of Guidewire's stock against market indices - **Guidewire's** common stock is listed on the New York Stock Exchange under the symbol '**GWRE**'[260](index=260&type=chunk) Common Stock Information (July 31, 2025) | Metric | Value | | :----------------------- | :------ | | **Closing Price per Share** | **$226.22** | | **Holders of Record** | **31** | - The company has never declared or paid cash dividends on its common stock and does not anticipate doing so in the foreseeable future[261](index=261&type=chunk)[202](index=202&type=chunk)[203](index=203&type=chunk) Cumulative Total Return (July 31, 2020 - July 31, 2025) | Index | 7/31/2020 | 7/31/2021 | 7/31/2022 | 7/31/2023 | 7/31/2024 | 7/31/2025 | | :----------------------------------- | :-------- | :-------- | :-------- | :-------- | :-------- | :-------- | | **Guidewire Software, Inc.** | $100.00 | $97.91 | $66.05 | $72.09 | $127.55 | $192.27 | | **NASDAQ Composite-Total Return Index** | $100.00 | $137.53 | $116.96 | $136.63 | $168.91 | $204.14 | | **S&P Software & Services Select Industry Index** | $100.00 | $147.80 | $104.47 | $123.74 | $135.95 | $162.85 | [Performance Graph](index=58&type=section&id=Performance%20Graph) A visual representation of the company's stock performance compared to market indices is included [Unregistered Sales of Equity Securities and Use of Proceeds from Registered Securities](index=59&type=section&id=Unregistered%20Sales%20of%20Equity%20Securities%20and%20Use%20of%20Proceeds%20from%20Registered%20Securities) Information on equity security sales not registered under the Securities Act and use of proceeds is provided [Reserved](index=60&type=section&id=Item%206.%20%5BReserved%5D) This item is intentionally reserved and contains no information [Management's Discussion and Analysis of Financial Condition and Results of Operations](index=60&type=section&id=Item%207.%20Management%27s%20Discussion%20and%20Analysis%20of%20Financial%20Condition%20and%20Results%20of%20Operations) Guidewire's financial performance in fiscal year 2025 showed significant growth, with total revenue increasing by 23% to $1,202.5 million and a shift towards cloud-based subscription services. Subscription revenue grew 40%, driving an improvement in overall gross margin to 63%. Operating expenses increased due to investments in R&D, sales, and marketing, but decreased as a percentage of revenue. The company achieved net income of $69.8 million, a substantial improvement from a net loss in the prior year. Liquidity remains strong, supported by cash, cash equivalents, and investments, and operating cash flow increased significantly. The company also managed its debt, including the issuance of 2029 Convertible Senior Notes and the settlement of 2025 notes - **Guidewire's** platform combines core systems with digital, analytics, and AI capabilities, primarily delivered as cloud-based subscription services (InsuranceSuite and InsuranceNow on **GWCP**)[269](index=269&type=chunk)[270](index=270&type=chunk)[272](index=272&type=chunk)[273](index=273&type=chunk) - The company's growth strategy involves continuous product enhancement, new capabilities, efficient cloud operations, expanding local content, and leveraging the **Guidewire Marketplace**[274](index=274&type=chunk) - Seasonality impacts revenue, with increased orders in the fourth fiscal quarter, but the ratable recognition of subscription revenue is dampening this effect over time[281](index=281&type=chunk) - Global events, including conflicts, inflation, and interest rate fluctuations, continue to create economic uncertainty and may impact **ARR**, revenue growth, sales cycles, and margins[283](index=283&type=chunk)[284](index=284&type=chunk) Key Business Metrics (FY2025 vs. FY2024) | Metric | FY2025 | FY2024 | Change (%) | | :----------------------- | :------- | :------- | :--------- | | **ARR** ($ millions) | **$1,041** | N/A | **20%** (**19%** constant currency) | | **Net cash from operations** ($ thousands) | **$300,867K** | **$195,748K** | **53.7%** | | **Free Cash Flow** ($ thousands) | **$280,412K** | **$177,221K** | **58.2%** | - Revenue recognition requires significant judgment, especially in identifying performance obligations and allocating transaction prices for contracts with non-standard terms or multiple components[293](index=293&type=chunk)[295](index=295&type=chunk)[296](index=296&type=chunk)[297](index=297&type=chunk) Revenue Breakdown (FY2025 vs. FY2024) | Revenue Type | FY2025 (in millions) | % of Total | FY2024 (in millions) | % of Total | Change ($ millions) | Change (%) | | :----------------------- | :-------------------- | :--------- | :-------------------- | :--------- | :--------- | :--------- | | **Subscription and support** | 731.3 | **61%** | 549.1 | **56%** | 182.2 | **33%** | | **License** | 251.9 | **21%** | 250.2 | **26%** | 1.8 | **1%** | | **Services** | 219.2 | **18%** | 181.2 | **18%** | 38.0 | **21%** | | **Total Revenue** | **1,202.5** | **100%** | **980.5** | **100%** | **222.0** | **23%** | Gross Profit and Margin (FY2025 vs. FY2024) | Metric | FY2025 (in millions) | Margin % | FY2024 (in millions) | Margin % | Change ($ millions) | Change (%) | | :----------------------- | :-------------------- | :------- | :-------------------- | :------- | :--------- | :--------- | | **Subscription and support** | 496.2 | **68%** | 344.3 | **63%** | 151.9 | **44%** | | **License** | 248.3 | **99%** | 245.6 | **98%** | 2.7 | **1%** | | **Services** | 7.6 | **3%** | (6.6) | (**4%**) | 14.1 | (**215%**) | | **Total Gross Profit** | **752.1** | **63%** | **583.4** | **59%** | **168.7** | **29%** | Operating Expenses (FY2025 vs. FY2024) | Expense Type | FY2025 (in millions) | % of Total Revenue | FY2024 (in millions) | % of Total Revenue | Change ($ millions) | Change (%) | | :----------------------- | :-------------------- | :----------------- | :-------------------- | :----------------- | :--------- | :--------- | | Research and development | 296.2 | **25%** | 269.4 | **27%** | 26.8 | **10%** | | Sales and marketing | 230.3 | **19%** | 199.0 | **20%** | 31.3 | **16%** | | General and administrative | 184.5 | **15%** | 167.5 | **17%** | 17.0 | **10%** | | **Total Operating Expenses** | **711.0** | **59%** | **635.9** | **64%** | **75.1** | **12%** | Other Income (Expense) (FY2025 vs. FY2024) | Item | FY2025 (in millions) | FY2024 (in millions) | Change ($ millions) | Change (%) | | :----------------------- | :-------------------- | :-------------------- | :--------- | :--------- | | **Interest income** | 56.6 | 43.5 | 13.1 | **30%** | | **Interest expense** | (13.2) | (6.7) | (6.5) | **96%** | | **Other income (expense), net** | (35.1) | (11.0) | (24.1) | **219%** | - **Net income** for fiscal year **2025** was **$69.8 million**, a significant improvement from a net loss of **$6.1 million** in fiscal year **2024**[303](index=303&type=chunk) Liquidity and Capital Resources (July 31, 2025 vs. July 31, 2024) | Metric | July 31, 2025 (in millions) | July 31, 2024 (in millions) | | :-------------------------------- | :--------------------------- | :--------------------------- | | **Cash, cash equivalents, and investments** | 1,483.2 | 1,129.5 | | **Working capital** | 962.6 | 457.9 | - The increase in **working capital** was primarily due to proceeds from the issuance of **2029 Convertible Senior Notes** and positive operating cash flow, partially offset by the settlement of **2025 Convertible Senior Notes** and capped call purchases[364](index=364&type=chunk) - A **$300.0 million** senior revolving credit facility was entered into in December **2024**, with no outstanding borrowings as of July 31, **2025**[365](index=365&type=chunk) - The share repurchase program had **$138.2 million** remaining available as of July 31, **2025**, with no repurchases made in fiscal years **2024** or **2025**[366](index=366&type=chunk) [Overview](index=60&type=section&id=Overview) An executive summary of the company's financial condition and operational highlights is presented [Seasonality](index=61&type=section&id=Seasonality) The impact of seasonal trends on the company's financial performance is discussed [Global Events](index=62&type=section&id=Global%20Events) The impact of significant global events on the company's business and financial performance is discussed [Key Business Metrics](index=62&type=section&id=Key%20Business%20Metrics) Important financial and operational metrics used to evaluate the company's performance are detailed [Critical Accounting Policies and Estimates](index=63&type=section&id=Critical%20Accounting%20Policies%20and%20Estimates) Key accounting policies and significant estimates that impact the financial statements are explained [Results of Operations](index=65&type=section&id=Results%20of%20Operations) A detailed analysis of the company's revenues, expenses, and profitability is provided [Non-GAAP Financial Measures](index=74&type=section&id=Non-GAAP%20Financial%20Measures) Reconciliation and explanation of financial measures not prepared in accordance with GAAP are presented [Liquidity and Capital Resources](index=75&type=section&id=Liquidity%20and%20Capital%20Resources) An assessment of the company's cash position, funding sources, and capital management strategies is provided [Quantitative and Qualitative Disclosures About Market Risk](index=77&type=section&id=Item%207A.%20Quantitative%20and%20Qualitative%20Disclosures%20About%20Market%20Risk) Guidewire is exposed to market risks primarily from fluctuations in interest rates and foreign currency exchange rates. The company's cash, cash equivalents, and investments are sensitive to interest rate changes, with a hypothetical 1% increase estimated to decrease market value by $5.3 million in FY2025. Foreign currency fluctuations, particularly across several major currencies, can impact results, with a 10% change potentially leading to a $60.7 million transaction gain or loss. Strategic investments in privately held securities also carry inherent risks - Market risk exposure primarily results from fluctuations in interest rates and foreign currency exchange rates[376](index=376&type=chunk) - A hypothetical **one percent** increase in interest rates is estimated to decrease the market value of available-for-sale securities by **$5.3 million** as of July 31, **2025**[377](index=377&type=chunk) - Foreign currency exchange rate fluctuations, particularly in AUD, GBP, CAD, EUR, INR, JPY, NZD, PLN, and CHF, can impact results, with a hypothetical **ten percent** change estimated to result in a **$60.7 million** transaction gain or loss[378](index=378&type=chunk)[379](index=379&type=chunk) - Strategic investments in privately held securities are classified as Level **3** fair value measurements and are subject to the risk of partial or total loss of invested capital[381](index=381&type=chunk) [Interest Rate Sensitivity](index=77&type=section&id=Interest%20Rate%20Sensitivity) The company's exposure to interest rate fluctuations and their potential financial impact is analyzed [Foreign Currency Exchange Risk](index=77&type=section&id=Foreign%20Currency%20Exchange%20Risk) The risks associated with changes in foreign currency exchange rates are discussed [Fair Value of Financial Instruments](index=79&type=section&id=Fair%20Value%20of%20Financial%20Instruments) Information on the fair value measurements of the company's financial instruments is presented [Financial Statements and Supplementary Data](index=80&type=section&id=Item%208.%20Financial%20Statements%20and%20Supplementary%20Data) This section presents Guidewire's audited consolidated financial statements for the fiscal years ended July 31, 2025, 2024, and 2023, including balance sheets, statements of operations, comprehensive income (loss), stockholders' equity, and cash flows. KPMG LLP provided an unqualified audit opinion. The accompanying notes detail significant accounting policies, revenue recognition, fair value measurements, acquisitions, balance sheet components, debt, leases, commitments, stock-based compensation, and income taxes, providing comprehensive financial disclosure - **KPMG LLP** issued an **unqualified opinion** on **Guidewire's** consolidated financial statements and **internal control over financial reporting** for the fiscal year ended July 31, **2025**[386](index=386&type=chunk)[387](index=387&type=chunk) - The consolidated financial statements include balance sheets, statements of operations, comprehensive income (loss), stockholders' equity, and cash flows for the three-year period ended July 31, **2025**[386](index=386&type=chunk) - Revenue recognition policies are critical, involving judgment in identifying performance obligations, allocating transaction prices, and accounting for contract modifications[293](index=293&type=chunk)[295](index=295&type=chunk)[296](index=296&type=chunk)[297](index=297&type=chunk)[432](index=432&type=chunk) - The company completed the acquisition of **Quantee Sp. z o.o.** in April **2025** for approximately **$27.9 million**, resulting in **$21.4 million** in **goodwill**[494](index=494&type=chunk)[497](index=497&type=chunk) - As of July 31, **2025**, the company had **$690.0 million** aggregate principal amount of **1.25% Convertible Senior Notes** due October **2029** outstanding, and fully settled the **2025 Convertible Senior Notes** at maturity in March **2025**[517](index=517&type=chunk)[521](index=521&type=chunk)[523](index=523&type=chunk) - Total **unrecognized stock-based compensation expense** was **$278.5 million** as of July 31, **2025**, to be recognized over a weighted average period of **2.0** years[552](index=552&type=chunk) - The company recognized an **income tax benefit** of **$20.4 million** for fiscal year **2025**, similar to the prior year, due to deductions from stock-based compensation, foreign derived intangible income, and R&D tax credits, partially offset by non-deductible debt retirement expense[352](index=352&type=chunk)[567](index=567&type=chunk) [Report of Independent Registered Public Accounting Firm](index=81&type=section&id=Report%20of%20Independent%20Registered%20Public%20Accounting%20Firm) The auditor's opinion on the company's financial statements and internal controls is provided [Consolidated Balance Sheets](index=83&type=section&id=Consolidated%20Balance%20Sheets) A snapshot of the company's assets, liabilities, and equity at specific points in time is presented [Consolidated Statements of Operations](index=84&type=section&id=Consolidated%20Statements%20of%20Operations) A summary of the company's revenues, expenses, and net income or loss over a period is provided [Consolidated Statements of Comprehensive Income (Loss)](index=85&type=section&id=Consolidated%20Statements%20of%20Comprehensive%20Income%20(Loss)) Details on all changes in equity during a period, except those from transactions with owners, are presented [Consolidated Statements of Stockholders' Equity](index=86&type=section&id=Consolidated%20Statements%20of%20Stockholders%27%20Equity) Changes in the company's equity accounts over a period are detailed [Consolidated Statements of Cash Flows](index=87&type=section&id=Consolidated%20Statements%20of%20Cash%20Flows) Information on the cash inflows and outflows from operating, investing, and financing activities is provided [Notes to Consolidated Financial Statements](index=88&type=section&id=Notes%20to%20Consolidated%20Financial%20Statements) Detailed explanations and supplementary information for the financial statements are included [Changes in and Disagreements with Accountants on Accounting and Financial Disclosures](index=123&type=section&id=Item%209.%20Changes%20in%20and%20Disagreements%20with%20Accountants%20on%20Accounting%20and%20Financial%20Disclosures) Guidewire reports no changes in or disagreements with its independent registered public accounting firm, KPMG LLP, regarding accounting or financial disclosures - There are no changes in or disagreements with accountants on accounting and financial disclosures[583](index=583&type=chunk) [Controls and Procedures](index=123&type=section&id=Item%209A.%20Controls%20and%20Procedures) Guidewire's management, including its principal executive and financial officers, concluded that the company's disclosure controls and procedures were effective as of July 31, 2025. Management also assessed and concluded that internal control over financial reporting was effective, acknowledging the inherent limitations of all control systems - Management concluded that **disclosure controls and procedures** were effective as of July 31, **2025**[584](index=584&type=chunk) - Management assessed and concluded that **internal control over financial reporting** was effective as of July 31, **2025**, based on the **COSO** framework[587](index=587&type=chunk) - No changes in **internal control over financial reporting** **materially affected** or are reasonably likely to **materially affect** controls during the quarter ended July 31, **2025**[590](index=590&type=chunk) - The report acknowledges the inherent limitations of internal control systems, which provide reasonable, not absolute, assurance[589](index=589&type=chunk) [Evaluation of Disclosure Controls and Procedures](index=123&type=section&id=Evaluation%20of%20Disclosure%20Controls%20and%20Procedures) Management's assessment of the effectiveness of the company's disclosure controls is presented [Management's Annual Report on Internal Control Over Financial Reporting](index=123&type=section&id=Management%27s%20Annual%20Report%20on%20Internal%20Control%20Over%20Financial%20Reporting) Management's report on the effectiveness of the company's internal control over financial reporting is provided [Inherent Limitations of Internal Controls](index=123&type=section&id=Inherent%20Limitations%20of%20Internal%20Controls) A discussion of the inherent limitations that affect the effectiveness of any internal control system is included [Changes in Internal Control over Financial Reporting](index=123&type=section&id=Changes%20in%20Internal%20Control%20over%20Financial%20Reporting) Information on any material changes in the company's internal control over financial reporting is disclosed [Other Information](index=124&type=section&id=Item%209B.%20Other%20Information) This item reports that there is no other information required to be disclosed - No other information is required to be disclosed under this item[591](index=591&type=chunk) [Disclosure Regarding Foreign Jurisdictions that Prevent Inspections](index=124&type=section&id=Item%209C.%20Disclosure%20Regarding%20Foreign%20Jurisdictions%20that%20Prevent%20Inspections) Guidewire reports that there are no foreign jurisdictions that prevent inspections relevant to its operations - No foreign jurisdictions prevent inspections relevant to the company[592](index=592&type=chunk) PART III [Directors, Executive Officers and Corporate Governance](index=126&type=section&id=Item%2010.%20Directors%2C%20Executive%20Officers%20and%20Corporate%20Governance) Information regarding Guidewire's directors, executive officers, and corporate governance, including its Code of Business Conduct and Ethics, is incorporated by reference from the definitive Proxy Statement for the 2025 Annual Meeting of Stockholders - Information is incorporated by reference from the definitive Proxy Statement for the **2025** Annual Meeting of Stockholders[596](index=596&type=chunk) - A Code of Business Conduct and Ethics applies to all directors, officers, and employees and is posted on the investor relations website[594](index=594&type=chunk) [Executive Compensation](index=126&type=section&id=Item%2011.%20Executive%20Compensation) Information concerning executive compensation is incorporated by reference from Guidewire's definitive Proxy Statement - Information on executive compensation is incorporated by reference from the Proxy Statement[597](index=597&type=chunk) [Security Ownership of Certain Beneficial Owners and Management and Related Stockholder Matters](index=126&type=section&id=Item%2012.%20Security%20Ownership%20of%20Certain%20Beneficial%20Owners%20and%20Management%20and%20Related%20Stockholder%20Matters) Details regarding security ownership of certain beneficial owners and management, along with related stockholder matters, are incorporated by reference from Guidewire's definitive Proxy Statement - Information on security ownership and related stockholder matters is incorporated by reference from the Proxy Statement[598](index=598&type=chunk) [Certain Relationships and Related Transactions, and Director Independence](index=126&type=section&id=Item%2013.%20Certain%20Relationships%20and%20Related%20Transactions%2C%20and%20Director%20Independence) Information on certain relationships, related transactions, and director independence is incorporated by reference from Guidewire's definitive Proxy Statement - Information on certain relationships, related transactions, and director independence is incorporated by reference from the Proxy Statement[599](index=599&type=chunk) [Principal Accountant Fees and Services](index=126&type=section&id=Item%2014.%20Principal%20Accountant%20Fees%20and%20Services) Information regarding principal accountant fees and services is incorporated by reference from Guidewire's definitive Proxy Statement - Information on principal accountant fees and services is incorporated by reference from the Proxy Statement[600](index=600&type=chunk) PART IV [Exhibits and Financial Statement Schedules](index=128&type=section&id=Item%2015.%20Exhibits%20and%20Financial%20Statement%20Schedules) This section lists all documents filed as part of the 10-K report, including consolidated financial statements, omitted financial statement schedules, and a comprehensive exhibit index. The exhibits include corporate governance documents, debt instruments, stock plans, and certifications - The report includes consolidated financial statements and an exhibit index[603](index=603&type=chunk) - Financial statement schedules have been omitted as the information is either not applicable or presented in the financial statements or notes[603](index=603&type=chunk) - Exhibits include the Amended and Restated Certificate of Incorporation, Bylaws, Indenture for **2029 Convertible Senior Notes**, Credit Agreement, various stock plans, and certifications[606](index=606&type=chunk)[607](index=607&type=chunk) [FORM 10-K Summary](index=131&type=section&id=Item%2016.%20Form%2010-K%20Summary) This section indicates that no summary is provided for the Form 10-K - No summary is provided for the Form **10-K**[610](index=610&type=chunk)

Exhibit 99.1 PRESS RELEASE Frequency Electronics, Inc. Announces First Quarter Fiscal Year 2026 Financial Results ● Announces $20 million share repurchase authorization Mitchel Field, NY, September 11, 2025 – Frequency Electronics, Inc. ("FEI" or the "Company") (NASDAQ-FEIM) is pleased to announce its financial results for the first quarter of fiscal year 2026. "Building on the enthusiastic response and strong encouragement from last year, our Company will host its second annual Quantum Sensing Summit in Ne ...

(Exact name of registrant as specified in its charter) UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form 10-Q ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended July 31, 2025 ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 Commission file number: 000-13301 RF INDUSTRIES, LTD. Nevada 88-0168936 (State or other jurisdiction of incorporation or organization) (I.R.S. Employ ...

Management Commentary "Our team continued to execute very well in our fiscal third quarter. Net sales increased 17.5% to $19.8 million year-over-year, and our gross profit was 34%, well above our target goal of 30%. For four consecutive quarters, we have delivered an operating profit, which was $720,000 in the third quarter versus a loss of $419,000 in the third quarter of 2024, and adjusted EBITDA was $1.6 million which is 8% of net sales. While adjusted EBITDA as a percentage of net sales may vary from qu ...