UNITED STATES SECURITIES AND EXCHANGE COMMISSION (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended December 31, 2025 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from: _____________to______________ Commission File Number: 001-42546 FATPIPE, INC. (Exact name of registrant as specified in its charter) Washington, D.C. 20549 FORM 10-Q Indicate by check mar ...

Financial Performance - Net sales for the first quarter of fiscal year 2026 reached $996 million, representing a 29% increase year-over-year[4] - Net earnings increased to $134 million, a 54% rise compared to the previous year, with earnings per share (EPS) at $2.17, up 53%[4] - Free cash flow for the quarter was $70 million, an increase of $69 million year-over-year[4] - Total consolidated net sales for the three months ended December 31, 2025, reached $996,454,000, a 29% increase from $772,725,000 in the same period of 2024[27] - Net earnings for the three months ended December 31, 2025, were $133,719,000, or $2.17 per share, compared to $87,091,000, or $1.42 per share, in 2024[28] - Adjusted net earnings for the same period were also $133,719,000, reflecting a strong performance without the impact of non-U.S. GAAP adjustments[28] Segment Performance - The Aerospace segment reported sales of $635 million, a 29% increase, with segment earnings of $148 million, reflecting a margin of 23.4%[8] - The Industrial segment achieved sales of $362 million, up 30%, with segment earnings of $67 million and a margin of 18.5%[9] - Aerospace segment net sales were $634,897,000, up 28.5% from $493,882,000 year-over-year, while the Industrial segment net sales increased by 29.6% to $361,557,000 from $278,843,000[27] Guidance and Projections - Based on strong first quarter performance, the company raised its fiscal 2026 sales growth guidance from 7%-12% to 14%-18%[13] - The revised EPS guidance for fiscal 2026 is now projected to be between $8.20 and $8.60, up from the previous range of $7.50 to $8.00[14] - Segment earnings for Aerospace are expected to remain at 22%-23% of sales, while Industrial segment earnings guidance has been raised to 16%-17% of sales[14] Cash Flow and Assets - Net cash provided by operating activities for the three months ended December 31, 2025, was $114,437,000, significantly higher than $34,516,000 in the prior year[25] - Free cash flow for the same period was $70,308,000, compared to only $942,000 in the previous year, indicating strong cash generation capabilities[33] - Total current assets increased to $2,049,123,000 as of December 31, 2025, from $1,884,414,000 at the end of September 2025, driven by higher cash and accounts receivable[24] Debt and Liabilities - The company reported a total debt of $888 million, down from $902 million in the previous year[7] - Total liabilities decreased slightly to $2,146,409,000 from $2,063,753,000, indicating improved financial stability[24] Tax and Expenditures - The effective tax rate for fiscal 2026 is expected to remain around 22%, with no changes to capital expenditures guidance of approximately $290 million[14] - The adjusted effective income tax rate for the three months ended December 31, 2025, was 20.9%, up from 14.0% in the previous year[29] - The company made payments for property, plant, and equipment totaling $44,129,000 during the quarter, compared to $33,574,000 in the same period last year[27]

Table of Contents 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 AND EXCHANGE ACT OF 1934 FOR THE QUARTERLY PERIOD ENDED: December 31, 2025 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES AND EXCHANGE ACT OF 1934 FOR THE TRANSITION PERIOD FROM TO . Commission File number: 0-10004 NAPCO SECURITY TECHNOLOGIES, INC. (Exact name of Registrant as specified in its charter) Delaware 11-2 ...

Financial Performance - Record Q2 net revenues of $48.2 million, a 12.2% year-over-year increase[8] - Net income rose 29% year-over-year to a Q2 record of $13.5 million, representing 28.0% of total revenue[5][8] - Total revenue for the three months ended December 31, 2025, was $48,172,000, representing a 12.3% increase from $42,933,000 in the same period of 2024[17] - Net income for the six months ended December 31, 2025, was $25,668,000, up 18.5% from $21,652,000 in 2024[18] - Gross profit for the three months ended December 31, 2025, was $28,238,000, a 15.3% increase compared to $24,489,000 in 2024[17] - Operating income for the six months ended December 31, 2025, increased to $28,396,000, up 23.0% from $23,027,000 in 2024[18] - Basic income per share for the three months ended December 31, 2025, was $0.38, compared to $0.29 in 2024, reflecting a 31.0% increase[17] Revenue Breakdown - Equipment revenue increased 12.0% year-over-year to $24.3 million[8] - Recurring service revenue ("RSR") increased 12.5% year-over-year to $23.8 million with a 90.2% gross margin[8] - RSR represents approximately 50% of total revenue in Q2, with a prospective annual run rate of approximately $99 million[5][8] Cash Flow and Dividends - Free cash flows for Q2 were $14.5 million, a 17.4% increase year-over-year[3][8] - Free cash flow for the six months ended December 31, 2025, was $25,957,000, an increase from $23,710,000 in 2024, with a free cash flow margin of 26.7%[22] - The company announced a quarterly dividend of $0.15 per share, a 7% increase from the previous quarter[7][8] Operational Efficiency - Adjusted EBITDA margin improved to 31.9% from 28.4% in Q2 of Fiscal 2025[5][8] - Adjusted EBITDA for the six months ended December 31, 2025, was $30,291,000, compared to $24,716,000 in 2024, indicating a strong operational performance[21] Expenses and Cash Position - Total operating expenses for the three months ended December 31, 2025, were $13,485,000, slightly up from $13,318,000 in 2024[17] - Cash and cash equivalents at the end of December 31, 2025, were $104,919,000, compared to $86,019,000 at the end of 2024[19] - Research and development expenses for the six months ended December 31, 2025, were $6,713,000, up from $6,164,000 in 2024[18] Leadership Changes - Joseph Pipczynski appointed as Chief Revenue Officer to enhance leadership and sales strategy[10][11]

Exhibit 99.1 FOR IMMEDIATE RELEASE | Date: | February 2, 2026 | | --- | --- | | Contact: | Kevin McPhaill, President/CEO | | Phone: | (559) 782-4900 or (888) 454-BANK | | Website Address: | www.sierrabancorp.com | SIERRA BANCORP REPORTS RECORD QUARTERLY EARNINGS AND 2025 RESULTS Porterville, Calif. – (BUSINESS WIRE) – Sierra Bancorp (Nasdaq: BSRR), parent of Bank of the Sierra, today announced unaudited financial results for the three-and twelve-month periods ended December 31, 2025. Sierra Bancorp reported ...

Financial Performance - Fourth quarter 2025 net income increased by $66.3 million to $82.7 million, or $0.64 per unit, compared to $16.3 million, or $0.12 per unit for the 2024 Quarter [3]. - Full year 2025 total revenue was $2.19 billion, a decrease of 10.4% from $2.45 billion in 2024, with net income of $311.2 million, down from $360.9 million [7]. - Net income attributable to ARLP for the year 2025 was $311,163, a decline of 13.7% compared to $360,855 in 2024, with earnings per limited partner unit decreasing to $2.40 from $2.77 [37]. - Net income attributable to ARLP for the three months ended December 31, 2025, was $82.666 million, a significant increase from $16.330 million in the same period of 2024 [45]. - Adjusted EBITDA for the year ended December 31, 2025, was $698.739 million, compared to $714.230 million for the year ended December 31, 2024 [45]. - Adjusted EBITDA for the fourth quarter 2025 was $191.1 million, an increase of 54.1% compared to $124.0 million in the 2024 Quarter [5]. - Free cash flow for the three months ended December 31, 2025, was $93.846 million, up from $75.216 million in the same period of 2024 [48]. - The distribution coverage ratio for the year ended December 31, 2025, was 1.13, compared to 1.10 for the year ended December 31, 2024 [45]. Revenue and Sales - Total revenues for the fourth quarter 2025 decreased by 9.2% to $535.5 million, down from $590.1 million in the 2024 Quarter, primarily due to lower coal sales and transportation revenues [4]. - Total revenues for the year ended December 31, 2025, were $2,194,811, down 10.4% from $2,448,708 in 2024, with coal sales contributing $1,932,515, a decrease of 8.5% from $2,111,803 [37]. - Customer demand remains strong, with over 93% of the 2026 sales tons guidance already committed and priced [20]. Coal Operations - Coal production volumes for the fourth quarter 2025 increased to 8.2 million tons, representing an 18.7% year-over-year increase [4]. - Segment Adjusted EBITDA for Coal Operations increased by 36.7% to $144.0 million in the fourth quarter 2025 compared to $105.4 million in the 2024 Quarter [9]. - In Q4 2025, tons sold were 8,111, a decrease of 3.6% from 8,415 tons in Q4 2024, while tons produced increased by 18.6% to 8,189 from 6,901 tons [37]. - For 2026, coal royalty tons sold are expected to reach six million tons, representing a 25% increase compared to 2025 [20]. - The guidance for total coal sales tons in 2026 is projected between 33.75 million and 35.25 million short tons, with Illinois Basin sales tons estimated at 26.00 to 27.00 million [22]. - The expected coal sales price per ton sold for the Illinois Basin is projected to be between $50.00 and $52.00, while for Appalachia it is between $66.00 and $71.00 [22]. - ARLP anticipates segment adjusted EBITDA expense per ton sold to be between $33.00 and $35.00 for the Illinois Basin and between $49.00 and $53.00 for Appalachia [22]. Expenses and Liabilities - Operating expenses for the year 2025 totaled $1,809,508, down 12% from $2,054,579 in 2024, primarily due to lower coal production costs [37]. - Operating expenses for the three months ended December 31, 2025, were $328.193 million, a decrease from $407.090 million in the same period of 2024 [50]. - Total debt and finance leases as of December 31, 2025, were $463.7 million, with total and net leverage ratios of 0.66 times and 0.56 times, respectively [17]. - Current liabilities decreased to $204,426 in 2025 from $233,142 in 2024, reflecting improved liquidity management [38]. Capital Expenditures and Investments - The company made capital expenditures of $263,280 in 2025, down from $428,741 in 2024, indicating a focus on cost control [39]. - ARLP's total capital expenditures for 2026 are projected to be between $280 million and $300 million [22]. - The average annual estimated maintenance capital expenditures for 2026 are projected to be $7.23 per ton produced, slightly lower than the $7.28 per ton in 2025 [47]. - The company completed $14.4 million in oil and gas mineral acquisitions during the 2025 Quarter and aims to continue expanding its minerals portfolio [20]. - The company plans to continue exploring oil and gas reserve business combinations, with a commitment of $10,000 in 2025 [39]. Liquidity and Assets - As of December 31, 2025, ARLP reported total liquidity of $518.5 million, including $71.2 million in cash and cash equivalents and $447.3 million in available borrowings [18]. - The company reported a total asset value of $2,853,788 as of December 31, 2025, a slight decrease from $2,915,730 in 2024 [38]. - Digital assets increased to $51,834 in 2025 from $45,037 in 2024, reflecting ongoing investment in digital technologies [38]. Other Financial Metrics - The partnership declared a quarterly cash distribution of $0.60 per unit, or $2.40 per unit annualized, on January 27, 2026 [4]. - The cash distribution approved for the 2025 Quarter is $0.60 per unit, translating to an annualized rate of $2.40 per unit, payable on February 13, 2026 [19]. - The company recorded a litigation expense accrual of $15.3 million related to certain settlements [47]. - The net loss on equity method investments for the year ended December 31, 2025, was $20.976 million, compared to a gain of $4.961 million in 2024 [45].

Financial Performance - Fourth quarter 2025 net income was $168.0 million, a decrease from $172.1 million in the fourth quarter of 2024, with net income attributable to Hess Midstream at $93.3 million or $0.72 per Class A share, compared to $0.68 per Class A share in the prior year [2][8]. - Adjusted EBITDA for the fourth quarter of 2025 was $309.1 million, up from $298.2 million in the fourth quarter of 2024, while Adjusted Free Cash Flow was $207.8 million, an increase from $164.3 million in the prior year [5][9]. - Full year 2025 net income was $684.6 million, with Adjusted EBITDA of $1,238.1 million, and total debt at approximately $3.8 billion, representing a leverage ratio of about 3.1x Adjusted EBITDA [9][23]. - Total revenues for the year ended December 31, 2025, were $1,621.3 million, an increase of 8.4% from $1,495.5 million in 2024 [34]. - Adjusted EBITDA for 2025 was $1,238.1 million, compared to $1,136.1 million in 2024, reflecting an increase of 9% [34]. - Net income attributable to Hess Midstream LP for 2025 was $352.9 million, a significant increase from $223.1 million in 2024, representing a growth of 58% [34]. - Basic net income per Class A share increased to $2.87 in 2025 from $2.51 in 2024, marking a rise of 14.3% [34]. - Total operating costs and expenses for 2025 were $613.2 million, up from $576.5 million in 2024, indicating a rise of 6.4% [34]. - Income from operations for 2025 was $1,008.1 million, compared to $919.0 million in 2024, reflecting an increase of 9.7% [34]. - The gross adjusted EBITDA margin improved to 82% in 2025, compared to 81% in 2024 [34]. - Income before income tax expense for 2025 was $798.4 million, an increase from $730.8 million in 2024 [34]. Revenue and Costs - Total revenues for the fourth quarter of 2025 were $404.2 million, compared to $395.9 million in the prior-year quarter, driven by higher tariff rates and third-party services [7][22]. - Total revenues for Q4 2025 reached $404.2 million, a 2.1% increase from $395.9 million in Q4 2024 [36]. - Total operating costs and expenses for Q4 2025 were $152.6 million, consistent with $152.9 million in Q4 2024 [36]. - Operating and maintenance expenses totaled $92.8 million in Q4 2025, compared to $92.7 million in Q4 2024, indicating stable cost management [36]. Operational Metrics - Throughput volumes decreased by 4% for oil terminaling, 1% for gas processing, and 5% for water gathering in the fourth quarter of 2025, primarily due to lower production caused by severe winter weather [5][10]. - Gas gathering throughput averaged 456 Mcf of natural gas per day in Q4 2025, slightly down from 463 Mcf per day in Q4 2024 [40]. - Crude oil gathering throughput was 118 bopd in Q4 2025, a decrease from 120 bopd in Q4 2024 [40]. - Hess Midstream LP's gas processing throughput averaged 444 Mcf of natural gas per day in Q4 2025, down from 447 Mcf per day in Q4 2024 [40]. Capital Expenditures and Investments - Capital expenditures decreased by 44% to $47.6 million in the fourth quarter of 2025, down from $84.3 million in the prior-year quarter, due to the completion of the gas compression capacity expansion [11][23]. - A new compressor station was placed in service in January 2026, providing approximately 50 MMcf/d of installed capacity, with potential for future expansion [10]. Shareholder Returns - Quarterly cash distribution increased to $0.7641 per Class A share for the fourth quarter of 2025, reflecting an increase of $0.0093 per share compared to the third quarter of 2025 [5][13]. Strategic Outlook - Hess Midstream is reaffirming its full year 2026 and long-term guidance issued on December 9, 2025 [5][14]. - The company plans to continue focusing on operational efficiency and cost management to enhance profitability in the upcoming quarters [36]. Mergers and Acquisitions - The merger with Chevron completed on July 18, 2025, resulted in Chevron indirectly owning approximately 37.9% of Hess Midstream [3].

Fair Lawn, New Jersey (February 2, 2026): Columbia Financial, Inc. (the "Company") (NASDAQ: CLBK), the mid-tier holding company for Columbia Bank ("Columbia"), reported net income of $15.7 million, or $0.15 per basic and diluted share, for the quarter ended December 31, 2025, as compared to a net loss of $21.2 million, or $0.21 per basic and diluted share, for the quarter ended December 31, 2024. Earnings for the quarter ended December 31, 2025 reflected higher net interest income due to both an increase in ...

Financial Guidance - Harrow, Inc. reaffirmed its full-year 2025 revenue guidance of between $270 million and $280 million[5] Leadership Appointment - Patrick W. Sullivan was appointed as Chief Commercial Officer, bringing over 25 years of commercial leadership experience[7] Compensation Details - Mr. Sullivan's base salary is set at $425,000 per year, with a target annual bonus opportunity of 40% of base compensation[12] - The company will grant Mr. Sullivan 40,000 restricted stock units (RSUs), with 25,000 RSUs vesting when revenue reaches $230 million in a calendar quarter[12]

Revenue Results - Twist Bioscience Corporation announced preliminary, unaudited revenue results for Q1 fiscal 2026, ending December 31, 2025[4]. - The revenue expectations are subject to change based on ongoing internal control, review, and audit procedures, indicating potential material differences from final financial statements[5]. - The press release detailing the preliminary revenue results is dated January 12, 2026, and is available as Exhibit 99.1[8].