Rocket Companies (NYSE:RKT) Q4 2025 Earnings call February 26, 2026 04:30 PM ET Company ParticipantsBrian Brown - CFODon Fandetti - Managing DirectorJeff Adelson - Executive DirectorRyan McKeveny - Managing Director of Equity ResearchRyan Nash - Managing DirectorSharon Ng - Head of Investor RelationsVarun Krishna - President and CEOConference Call ParticipantsMark DeVries - Senior Research AnalystMihir Bhatia - Equity Research AnalystOperatorThank you for standing by, and welcome to the Rocket Companies' fo ...

EVERTEC (NYSE:EVTC) Q4 2025 Earnings call February 26, 2026 04:30 PM ET Company ParticipantsKarla Cruz-Jusino - CFOLoyda Montes Santiago - Director of Investor RelationsMac Schuessler - President and CEOConference Call ParticipantsCris Kennedy - CFA and Senior Equity Research AnalystLiya Rosenstein - AnalystMadison Suhr - Research AnalystOperatorGood afternoon, everyone, and welcome to EVERTEC's fourth quarter and full year 2025 earnings conference call. Today's conference call is being recorded. At this ti ...

Financial Data and Key Metrics Changes - Total revenue for Q4 2025 was $443.7 million, a 10.6% decline year-over-year from $496.3 million in Q4 2024 [18] - Full-year revenue decreased to $1.87 billion from $2.02 billion in 2024, with a 25.7% decline in federal revenues offset by a 14.2% growth in non-federal business [23][24] - Adjusted EBITDA for 2025 totaled $207.2 million, with an adjusted EBITDA margin of 11.1%, stable compared to 11.2% in the previous year [25] Business Line Data and Key Metrics Changes - Revenue from commercial energy clients increased by 24% in 2025, accounting for nearly one-third of total revenue [20] - Revenues from state and local government clients increased by 2.2% for the year, with disaster recovery work making up approximately 45% of these revenues [10] - International government revenues grew by 7.6% for the year, driven by contracts with the European Commission and the UK government [11] Market Data and Key Metrics Changes - The commercial energy sector is projected to achieve double-digit growth in 2026, with a market share of 35% in residential and 20% in commercial and industrial energy efficiency [6][40] - The total addressable market for utility programs, including residential and commercial energy efficiency, is estimated to be between $3 billion and $5 billion [75] - The federal business is expected to decline at a high single-digit rate in 2026, with a return to growth anticipated by 2027 [16][57] Company Strategy and Development Direction - The company aims to increase non-federal revenues to over 60% of total revenues in 2026, driven by strong demand in commercial energy [12][33] - Continued investment in AI and technology capabilities is a priority to support long-term growth aspirations [25] - The company plans to pursue strategic acquisitions and maintain a disciplined approach to capital allocation, including share repurchases and dividends [29] Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in a return to revenue growth in 2026, anticipating a 10% year-on-year increase at the midpoint [3][33] - The procurement environment for federal contracts is improving, with no recent contract cancellations reported [56] - The company is well-positioned to benefit from increased federal IT modernization budgets and ongoing demand for efficiency improvements [15][62] Other Important Information - The company ended 2025 with a backlog of $3.4 billion and a business development pipeline of $8.6 billion, indicating strong growth expectations [4][26] - The company repurchased approximately 564,000 shares in 2025, reflecting confidence in its long-term outlook [29] Q&A Session Summary Question: Growth in commercial energy business - The commercial energy business grew about 24% in 2025, with expectations for at least 10% organic growth in 2026, driven by utility programs [39][40] Question: Comparison with competitors - ICF's commercial energy business is larger than competitors like Willdan, focusing more on residential and public sector clients [44][48] Question: Non-federal revenue projections - The exit rate in Q4 2025 is a good proxy for the projected non-federal share exceeding 60% in 2026 [53] Question: Federal procurement environment - The procurement environment is improving, with no recent disruptions, and IT modernization is expected to return to growth [56][57] Question: International growth drivers - Recent large contracts with the European Commission and UK government are driving international growth, with expectations for double-digit growth [72]

OneSpan (NasdaqCM:OSPN) Q4 2025 Earnings call February 26, 2026 04:30 PM ET Company ParticipantsJoe Maxa - VP of Investor RelationsJorge Martell - CFOTrevor Rambo - Software Equity Research AssociateVictor Limongelli - CEOConference Call ParticipantsAnja Soderstrom - Financial Analyst and Equity Research AnalystOperatorGood day. Thank you for standing by. Welcome to the Q4 2025 OneSpan Earnings Conference Call. At this time, all participants are in a listen-only mode. After the speaker's presentation, there ...

Intuit (NasdaqGS:INTU) Q2 2026 Earnings call February 26, 2026 04:30 PM ET Company ParticipantsAnne-Sophie Seigneurbieux - SVP of Investor Relations, Corporate and Strategic FinanceMark Murphy - Executive DirectorSandeep Aujla - CFOSasan Goodarzi - Chairman and CEOSiti Panigrahi - Managing DirectorConference Call ParticipantsAlex Zukin - Managing Director and Senior AnalystDaniel Jester - Managing Director and Software Research AnalystGabriela Borges - Managing Director and Senior Software Equity Research A ...

Applied Optoelectronics (NasdaqGM:AAOI) Q4 2025 Earnings call February 26, 2026 04:30 PM ET Company ParticipantsLindsay Savarese - Investor Relations ContactStefan Murry - CFO and Chief Strategy OfficerThompson Lin - Founder, Chairman, and CEOConference Call ParticipantsGeorge Notter - Managing Director and Equity Research AnalystMichael Genovese - Managing Director and Senior Research AnalystRyan Koontz - Managing Director and Senior Equity Research AnalystSimon Leopold - Managing Director and Senior Equit ...

Asure Software (NasdaqCM:ASUR) Q4 2025 Earnings call February 26, 2026 04:30 PM ET Company ParticipantsJohn Pence - CFOPat Goepel - Chairman and CEOPatrick McKillop - VP of Investor RelationsConference Call ParticipantsEric Martinuzzi - Senior Research AnalystGreg Gibas - VP and Senior Research AnalystJeff Van Rhee - Partner and Equity Research AnalystRichard Baldry - Senior AnalystVincent Colicchio - Managing Director and Senior Equity AnalystOperatorGood afternoon, and welcome to Asure's fourth quarter an ...

PAR (NYSE:PAR) Q4 2025 Earnings call February 26, 2026 04:30 PM ET Company ParticipantsBryan Menar - CFOChristopher Byrnes - Senior Vice President, Investor Relations and Business DevelopmentMayank Tandon - Managing DirectorSavneet Singh - CEO and PresidentConference Call ParticipantsAndrew Harte - Director and FinTech AnalystCharles Nabhan - Managing Director and Research AnalystGeorge Sutton - Senior Research AnalystJeremy Sellers - AnalystMax Michaelis - AnalystStephen Sheldon - Partner and Equity Resear ...

Financial Data and Key Metrics Changes - In Q4 2025, the company reported adjusted revenue of $2.4 billion, exceeding guidance by $140 million, with adjusted EBITDA increasing from $349 million in Q3 to $592 million in Q4, resulting in an EBITDA margin expansion from 20% to 24% [6][19] - For the full year 2025, adjusted revenue reached $6.9 billion, with an adjusted EBITDA margin of 19%, up from 18% in 2024, and adjusted diluted EPS increased to $0.28 from $0.23 [7][19] Business Line Data and Key Metrics Changes - The company achieved a net rate lock volume of $36 billion in Q4, the highest since 2021, with a gain on sale margin of 320 basis points [6][20] - The closed-end second product volume nearly doubled year-over-year, with December being the largest month ever for this product, surpassing $1 billion in origination volume [22] - Direct-to-consumer purchase closings saw double-digit growth year-on-year, with a 40% quarter-over-quarter increase in volume from the Redfin preferred pricing bundle [23] Market Data and Key Metrics Changes - The company grew its market share to 5.5% in Q4, up from 3.8% the previous year, reflecting successful execution of its strategy [7] - The population of homeowners eligible for a rate-and-term refinance surged to 4.8 million, representing over $1 trillion in unpaid principal balance, marking a four-year high [24] Company Strategy and Development Direction - The company is focused on addressing home affordability through a strategic partnership with Compass, aimed at expanding inventory and streamlining the home buying experience [16][26] - The integration of Redfin and Mr. Cooper is progressing ahead of schedule, with expense synergies expected to be fully realized before the original target of 2027 [28] Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in the growth of the mortgage origination market in 2026, anticipating a stronger market than in 2025, with forecasts suggesting double-digit growth [46][48] - The company emphasized its unique business model, which allows it to grow across various market conditions, leveraging its integrated ecosystem for client retention and recapture [25][48] Other Important Information - The company ended 2025 with $2.8 billion in available cash and total liquidity of $10.1 billion, positioning it well for future investments [25] - A change in financial presentation will occur in Q1, reclassifying warehouse interest expense on loans held for sale, which will not impact profitability [29] Q&A Session Summary Question: Can you elaborate on the strategic alliance with Compass? - Management highlighted that the partnership aims to tackle home affordability by addressing supply and demand issues, with a focus on improving inventory access and transaction efficiency [36][37] Question: What are the expectations for market share in 2026? - Management reaffirmed ambitious market share goals, emphasizing profitable expansion and the importance of distribution channels [68] Question: How is the company positioned regarding potential re-entry by banks into the mortgage space? - Management expressed confidence in its unique position and ongoing investment in the mortgage sector, viewing potential bank re-entry as a long-term challenge rather than an immediate risk [63][64]

Caris Life Sciences (NasdaqGS:CAI) Q4 2025 Earnings call February 26, 2026 04:30 PM ET Company ParticipantsBobby Hill - CCOBrian Brille - Vice Chairman and EVPColleen Babington - Equity Research AssociateDavid Spetzler - PresidentLuke Power - CFOMichael Ryskin - Managing DirectorPatrick Donnelly - Managing Director, Equity ResearchRuss Denton - General CounselSubbu Nambi - Managing Director and Healthcare Equity ResearchVijay Kumar - Senior Managing DirectorConference Call ParticipantsDaniel Brennan - Senio ...