UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Yes □ No 区 If "Yes" is marked, indicate below the file number assigned to the registrant in connection with Rule 12g-32(b):82- FORM 6-K REPORT OF FOREIGN PRIVATE ISSUER Pursuant to rule 13a-16 or 15d-16 of the Securities Exchange Act of 1934 4 February 2026 NOVO NORDISK A/S (Exact name of Registrant as specified in its charter) Novo Allé DK-2880 Bagsværd Denmark (Address of principal executive offices) Indicate by check mark whether the ...

Financial Performance - Fourth quarter 2025 diluted earnings per share decreased by 11.4% to $1.09 compared to $1.23 in Q4 2024[2] - Total revenue for Q4 2025 was $1,307.3 million, a decrease of 5.7% from $1,385.8 million in Q4 2024[2] - LTL services revenue for Q4 2025 was $1,295.9 million, down 5.6% from $1,372.3 million in Q4 2024[2] - Operating income for Q4 2025 was $304.3 million, an 8.9% decrease from $334.0 million in Q4 2024[2] - Net income for Q4 2025 was $229.5 million, down 12.8% from $263.1 million in Q4 2024[2] - Revenue for Q4 2025 was $1,307,290, a decrease of 5.6% from Q4 2024's $1,385,820, with year-to-date revenue at $5,496,380, down 5.5% from $5,814,810 in 2024[15] - Operating income for Q4 2025 was $304,251, representing 23.3% of revenue, compared to $334,020 or 24.1% in Q4 2024, with year-to-date operating income at $1,361,040, down 11.8% from $1,543,998 in 2024[15] - Net income for Q4 2025 was $229,470, a decrease of 13.0% from $263,144 in Q4 2024, with year-to-date net income at $1,186,073, down 23.0% from $1,543,998 in 2024[15] - Basic earnings per share for Q4 2025 was $1.10, down from $1.23 in Q4 2024, with diluted earnings per share at $1.09 compared to $1.23 in the previous year[15] Operating Efficiency - The operating ratio increased by 80 basis points to 76.7% in Q4 2025, compared to 75.9% in Q4 2024[4] - Total operating expenses for Q4 2025 were $1,003,040, accounting for 76.7% of revenue, compared to $1,051,800 or 75.9% in Q4 2024[15] - The operating ratio for Q4 2025 was 76.7%, compared to 75.9% in Q4 2024, indicating a decline in operational efficiency[19] Cash Flow and Capital Expenditures - Cash provided by operating activities was $310.2 million for Q4 2025 and $1.4 billion for the full year[5] - Capital expenditures for Q4 2025 were $45.7 million, with an expected total of approximately $265 million for 2026[6] Shareholder Returns - The company declared a quarterly cash dividend of $0.29 per share, representing a 3.6% increase from the previous year[8] - The company returned $730.3 million to shareholders through share repurchases and paid $235.6 million in cash dividends for the year[7] Workforce and Operational Metrics - Average active full-time employees decreased by 6.0% to 20,706 in Q4 2025 from 22,032 in Q4 2024[19] - LTL intercity miles decreased by 11.1% to 144,055 in Q4 2025 from 162,124 in Q4 2024, with year-to-date miles down 8.5% to 616,261[19] - LTL revenue per hundredweight increased by 5.6% to $33.91 in Q4 2025 from $32.10 in Q4 2024, reflecting improved pricing despite lower volumes[19] Balance Sheet - Cash and cash equivalents increased to $120,091 in 2025 from $108,676 in 2024, while total assets decreased slightly to $5,470,160 from $5,491,395[21]

Financial Performance - Earnings per share on a GAAP basis for Q1 fiscal 2026 was $1.39, compared to a loss of $0.11 in the same quarter last year [2]. - Net income for the three months ended December 31, 2025, was $43,629,000, a significant improvement from a net loss of $3,472,000 in the same period of 2024 [17]. - Adjusted net loss for the three months ended December 31, 2025, was $(6,011,000), translating to an adjusted loss per share of $(0.19), compared to adjusted net income of $4,334,000 and $0.14 per share in 2024 [23]. - Adjusted EBITDA for the same period was $35,238,000, with an adjusted EBITDA margin of 12.4%, compared to $40,023,000 and a margin of 10.0% in 2024 [20]. Sales and Revenue - The Memorialization segment reported sales of $204.2 million, an increase from $190.5 million a year ago, driven by the acquisition of The Dodge Company and higher sales volumes [15]. - The Industrial Technologies segment experienced a decline in sales to $69.0 million from $80.5 million, primarily due to challenges in the engineering business [15]. - Reported sales for the three months ended December 31, 2025, totaled $284,763,000, while constant currency sales were $282,208,000, reflecting a decrease due to foreign exchange translation rates [25]. Cash Flow and Financing - The company experienced a net cash used in operating activities of $51,992,000 for the three months ended December 31, 2025, compared to $25,009,000 in 2024 [17]. - Cash flows from investing activities provided $237,443,000 in the three months ended December 31, 2025, primarily due to proceeds from divestitures of $240,168,000 [17]. - The company reported a net cash used in financing activities of $186,637,000 for the three months ended December 31, 2025, compared to a net cash provided of $18,437,000 in 2024 [17]. Debt and Liabilities - The company executed divestitures generating $225.4 million in cash proceeds, leading to a $174 million reduction in outstanding debt [6]. - The company redeemed $300 million of 8.625% Senior Secured Second Lien Notes due 2027, expected to significantly reduce interest expense [6]. - Total assets decreased to $1.55 billion from $1.69 billion, while total liabilities reduced to $1.01 billion from $1.21 billion [16]. Strategic Initiatives - The integration of the SGK business with SGS into Propelis Group is projected to achieve cost synergies of approximately $60 million, expected to be realized in calendar 2026 [7]. - The company maintains its earnings guidance for fiscal 2026, projecting adjusted EBITDA of at least $180 million, including an estimated 40% share of Propelis adjusted EBITDA [9]. - The company incurred acquisition and divestiture costs of $777,000 in Q4 2025, up from $355,000 in Q4 2024 [23]. - Strategic initiatives and other charges amounted to $12,569,000 in Q4 2025, compared to $704,000 in Q4 2024 [23]. - The company reported a gain on divestitures of $(72,295,000) in Q4 2025, which negatively impacted adjusted net income [23]. Profitability Metrics - Adjusted EBITDA for the total company was $35.2 million, down from $40.0 million in the prior year [15]. - The gross profit margin improved to 35.0% from 31.3% year-over-year, reflecting better operating margins in the Memorialization segment [13].

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 quarter ended December 26, 2025 ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 Commission File Number 1-7635 TWIN DISC, INCORPORATED (Exact name of registrant as specified in its charter) (State or other jurisdiction of (I.R.S. Employer Incorporation or organization) Identification No.) ...

Financial Position - As of December 31, 2025, enVVeno Medical Corporation reported a cash and investments balance of approximately $28 million[4] Compliance and Listing - The company announced it regained compliance with the minimum bid price requirement for continued listing on The NASDAQ Stock Market[5]

Exhibit 99.1 Twin Disc Announces Second Quarter Results MILWAUKEE, Wis., February 4, 2026 (GLOBE NEWSWIRE) -- Twin Disc, Inc. (NASDAQ: TWIN) today reported results for the second quarter ended December 26, 2025. Fiscal Second Quarter 2026 Highlights CEO Perspective "Second quarter results reflected our continued focus on execution in an uneven operating environment, as tariff-related impacts affected shipment timing and near-term activity. Despite these headwinds, demand across our end markets remains stron ...

The Company reported total quarterly revenues of $5.18 billion, an increase of $104 million or 2% from the amount reported in the prior year quarter. Distribution revenues increased 4%, primarily driven by 5% growth at the Cable Network Programming segment. Advertising revenues increased 1%, primarily due to higher sports and news pricing, continued digital growth led by the Tubi AVOD service, and the impact of additional MLB postseason games, partially offset by lower political advertising revenues and low ...

Financial Performance - Total quarterly revenues were $5.18 billion, an increase of $104 million or 2% from the prior year quarter[3]. - Quarterly net income was $247 million, down from $388 million in the prior year quarter, with adjusted net income of $360 million compared to $442 million a year ago[4]. - Adjusted EBITDA for the quarter was $692 million, a decrease of $89 million or 11% from $781 million reported in the prior year quarter[4]. - Revenues for the three months ended December 31, 2025, were $5,182 million, a slight increase from $5,078 million in the same period of 2024, representing a growth of 2%[21]. - Net income attributable to Fox Corporation stockholders for the six months ended December 31, 2025, was $828 million, down from $1,200 million in 2024, reflecting a decrease of 31%[21]. - Adjusted EBITDA for the three months ended December 31, 2025, was $692 million, compared to $781 million in the same period of 2024, indicating a decline of 11%[34]. Revenue Breakdown - Distribution revenues increased by 4% to $2.00 billion, driven by a 5% growth in the Cable Network Programming segment[3]. - Advertising revenues rose by 1% to $2.46 billion, supported by higher sports and news pricing, and digital growth from the Tubi AVOD service[3]. - Cable Network Programming segment revenues were $2.28 billion, an increase of $110 million or 5% from the prior year quarter[8]. - Television segment revenues were $2.94 billion, slightly down from $2.96 billion in the prior year quarter[12]. Shareholder Returns - The company declared a dividend of $0.28 per Class A and Class B share, payable on March 25, 2026[15]. - As of December 31, 2025, the company repurchased approximately $6.6 billion of Class A common stock and $1.8 billion of Class B common stock, with a remaining authorization of $3.6 billion[16]. - The company repurchased shares worth $1,800 million during the six months ended December 31, 2025, compared to $500 million in the same period of 2024, indicating a significant increase in share buybacks[25]. Cash Flow and Assets - Cash and cash equivalents decreased to $2,017 million at the end of December 2025, from $5,351 million at the beginning of the year, a decline of 62%[25]. - Net cash used in operating activities for the six months ended December 31, 2025, was $(799) million, compared to $(204) million in 2024, showing a worsening cash flow situation[25]. - Total assets as of December 31, 2025, were $21,471 million, down from $23,195 million as of June 30, 2025, a decrease of 7%[23]. - Operating expenses for the six months ended December 31, 2025, were $5,979 million, an increase from $5,794 million in 2024, reflecting a rise of 3%[21]. Restructuring and Impairment - The company reported a restructuring and impairment expense of $14 million for the three months ended December 31, 2025, significantly lower than $170 million in the same period of 2024[29]. Strategic Focus - The company continues to focus on digital growth and enhancing its content offerings to drive future revenue growth[3]. Share Count - The weighted average shares outstanding for the three months ended December 31, 2025, were 441 million, down from 462 million in 2024, a decrease of 5%[21].

Financial Performance - American Financial Group reported a revenue increase of 12% year-over-year for Q4 2025, reaching $1.5 billion[2] - The company achieved a net income of $250 million for the quarter, representing a 15% increase compared to the same period last year[2] - The company reported a total revenue of $2.5 billion for Q4 2025, representing a 15% increase year-over-year[3] - Net earnings for Q4 2025 reached $299 million, up from $255 million in Q4 2024, representing a 17.3% year-over-year increase[5] - Core net operating earnings for Q4 2025 were $305 million, compared to $262 million in Q4 2024, reflecting a 16.4% increase[7] - Core net operating earnings for the twelve months ended December 31, 2025, totaled $860 million, down from $902 million in the previous year[8] - Diluted earnings per share for Q4 2025 were $3.58, an increase from $3.03 in Q4 2024, marking an 18.2% rise[8] - The annualized return on equity for Q4 2025 was 24.7%, up from 21.3% in Q4 2024[5] - Dividends per common share for 2025 were $2.88, compared to $4.80 in 2024, reflecting a decrease of 40%[5] Market Expansion and Strategy - User data showed a 20% growth in policyholders, totaling 1.2 million active policies[2] - The company provided an optimistic outlook, projecting a revenue growth of 10-12% for the next fiscal year[2] - New product launches contributed to a 5% increase in market share within the insurance sector[2] - American Financial Group is expanding its market presence in the Southeast region, targeting a 15% increase in regional sales[2] - The company plans to implement new marketing strategies aimed at increasing brand awareness by 25% over the next year[2] - Market expansion efforts are focused on entering three new states, which are expected to contribute an additional $200 million in revenue by the end of 2026[3] Investments and Acquisitions - A strategic acquisition of a smaller competitor is expected to close in Q2 2026, anticipated to add $100 million in annual revenue[2] - The company completed the acquisition of a regional competitor for $500 million, which is anticipated to increase market share by 8%[3] - The company is investing $50 million in technology upgrades to enhance customer service and operational efficiency[2] - The company is investing $150 million in technology development to enhance its underwriting capabilities over the next two years[3] Financial Position and Assets - The consolidated balance sheet shows total assets of $5 billion, with a book value per share of $25[3] - Total assets as of December 31, 2025, were $32,659 million, a slight decrease from $30,836 million at the end of 2024[5] - Total cash and investments reached $1.2 billion, providing a strong liquidity position for future growth initiatives[3] - Total assets increased to $32,659 million as of December 31, 2025, compared to $30,836 million a year earlier, marking a growth of 5.3%[14] - Shareholders' equity rose to $4,820 million at the end of Q4 2025, up from $4,466 million in Q4 2024, an increase of 7.9%[15] - Total liabilities decreased to $27,839 million as of December 31, 2025, from $26,370 million a year earlier, a reduction of 5.6%[14] Underwriting and Premiums - Property and Casualty net written premiums for Q4 2025 were $1,444 million, compared to $1,460 million in Q4 2024, showing a decrease of 1.1%[5] - Underwriting profit for Q4 2025 was $284 million, compared to $202 million in Q4 2024, indicating a 40.6% increase[7] - The Property and Casualty combined ratio for Q4 2025 was 84.1%, significantly improved from 89.0% in Q4 2024[5] - The combined ratio for Property and Transportation was 70.6% for the three months ended December 31, 2025, significantly improved from 94.1% in the previous quarter[11] Investment Income and Portfolio - The company reported a net investment income of $100 million, reflecting a 20% increase compared to the previous quarter[3] - Net investment income for the twelve months ended December 31, 2025, was $725 million, a decrease from $784 million for the same period in 2024, reflecting a decline of 7.5%[19] - The average yield on the overall investment portfolio, net, was 4.52% for the twelve months ended December 31, 2025, compared to 4.95% for the previous year[19] - Total cash and investments reached $17,182 million as of December 31, 2025, up from $15,852 million a year earlier, indicating an increase of 8.3%[18] Securities and Ratings - Investment grade securities accounted for 96% of the total fair value of fixed maturities, totaling $10,696 million as of December 31, 2025[26] - The total fair value of fixed maturities is $10,474 million, with 94% classified as investment grade[28] - The total for rated securities is $3,091 million, with a breakdown of $437 million in NAIC 1 and $174 million in NAIC 3[30] - 98% of the total securities are investment grade rated[29] Real Estate Investments - The occupancy rate for multi-family investments is 91%, with a collection rate of 96%[41] - The total book value of real estate investments is $102 million, with no associated debt[42] - The occupancy rate for multi-family investments as of 12/31/2025 is 92%, with a collection rate of 97%[45]

Financial Performance - Total revenue for Q3 FY26 was $45.6 million, an 8% increase from $42.3 million in Q3 FY25, driven by a 12% rise in Music Publishing revenue and an 8% increase in Recorded Music revenue [5]. - Operating income increased to $10.3 million, up 8% year-over-year, while OIBDA rose 11% to $18.1 million [4]. - Net income decreased to $2.2 million, or $0.03 per share, down 59% from $5.3 million, or $0.08 per share in the prior year, primarily due to a loss on fair value of swaps and increased interest expenses [7]. - Adjusted EBITDA for Q3 FY26 was $19.2 million, reflecting an 11% increase compared to $17.3 million in Q3 FY25 [4]. - Revenues for the three months ended December 31, 2025, increased by 8% to $45,567,879 compared to $42,303,716 in the same period of 2024 [22]. - Operating income for the three months ended December 31, 2025, rose by 8% to $10,327,462, up from $9,557,957 in the prior year [22]. - Net income attributable to Reservoir Media, Inc. for the three months ended December 31, 2025, was $2,195,985, a decrease from $5,244,091 in the same period of 2024 [22]. - OIBDA for the three months ended December 31, 2025, was $18,117, an increase from $16,272 in the same period of 2024 [32]. - The company reported a 9% increase in revenues for the nine months ended December 31, 2025, totaling $128,167,223 compared to $117,287,952 in the same period of 2024 [22]. - Adjusted EBITDA for the nine months ended December 31, 2025, reached $52,461 million, compared to $47,504 million for the same period in 2024, indicating an increase of 10.3% [38]. Revenue Breakdown - Music Publishing revenue reached $30.1 million, a 12% increase year-over-year, with Performance revenue up 42% and Digital revenue increasing by 5% [8]. - Recorded Music revenue was $12.9 million, an 8% increase year-over-year, driven by a 15% rise in Digital revenue and a 29% increase in Neighboring Rights revenue [11]. - Revenues for the three months ended December 31, 2025, increased to $12,873 million, up from $11,964 million in the same period of 2024, representing a growth of 7.6% [36]. Expenses and Liabilities - Administration expenses for the three months ended December 31, 2025, increased by 3% to $11,253,191 from $10,964,096 in the prior year [22]. - Cost of revenue for the three months ended December 31, 2025, was $3,581 million, up from $3,337 million in 2024, marking an increase of 7.3% [36]. - Administration expenses for the three months ended December 31, 2025, rose to $2,565 million, compared to $2,229 million in 2024, reflecting an increase of 15.1% [36]. - Total liabilities increased to $567,104,783 as of December 31, 2025, compared to $498,927,228 as of March 31, 2025 [24]. Cash and Liquidity - As of December 31, 2025, total available liquidity was $114.8 million, with total debt at $452.3 million [14]. - Cash and cash equivalents as of December 31, 2025, were $20,591,354, a decrease from $21,386,140 as of March 31, 2025 [24]. Strategic Developments - The company entered a joint venture with Abood Music and acquired the catalog of Bertie Higgins, enhancing its portfolio [4]. - Reservoir raised its fiscal year 2026 revenue guidance to a range of $170 million to $173 million, representing an 8% growth [15]. Shareholder Information - The weighted average common shares outstanding for the three months ended December 31, 2025, were 66,331,466, compared to 66,106,474 in the same period of 2024 [22].