Financial Highlights - Q4 FY25 - Net revenue reached $1464 billion, a 4% increase year-over-year in both nominal and constant currency[15] - Non-GAAP diluted net earnings per share were $093, aligning with the outlook of $087 to $097 per share[15] - Free cash flow amounted to $15 billion[15] - $08 billion was returned to shareholders through share repurchases and dividends[15] Financial Highlights - FY25 - Net revenue totaled $553 billion, a 3% increase from the previous year, or 4% in constant currency[16] - Non-GAAP diluted net earnings per share reached $312[16] - Free cash flow was $29 billion[16] - $19 billion was returned to shareholders through dividends and share repurchases[16] Segment Performance - Q4 FY25 - Personal Systems contributed 71% to net revenue, while Printing accounted for 29%[18] - Printing generated 57% of the total non-GAAP operating profit with an 189% operating profit margin, while Personal Systems contributed 43% with a 58% operating profit margin[19] - Printing revenue was $4266 billion, down 42% year-over-year, with an operating profit of $805 million[22] - Personal Systems revenue was $10353 billion, up 79% year-over-year, with an operating profit of $597 million[22] Segment Performance - FY25 - Personal Systems accounted for 70% of net revenue, while Printing represented 30%[20] - Printing generated 60% of the total non-GAAP operating profit with an 187% operating profit margin, while Personal Systems contributed 40% with a 53% operating profit margin[20] - Printing revenue was $16702 billion, down 37% year-over-year, with an operating profit of $3118 billion[23] - Personal Systems revenue was $38532 billion, up 65% year-over-year, with an operating profit of $2054 billion[23] Regional Performance - Q4 FY25 - Americas accounted for 42% of net revenue, EMEA for 34%, and APJ for 24%[19] - Americas net revenue decreased by 06% year-over-year (03% in constant currency), while EMEA and APJ increased by 79% year-over-year (56% and 89% in constant currency, respectively)[19] Regional Performance - FY25 - Americas accounted for 42% of net revenue, EMEA for 34%, and APJ for 24%[20] - Americas net revenue increased by 73% year-over-year (85% in constant currency), EMEA increased by 13% year-over-year (21% in constant currency), and APJ increased by 31% year-over-year (26% in constant currency)[20]

This presentation contains forward looking statements about revenue, billings, free cash flow, operating margin, EPS, products, future performance, financial and otherwise, and strategy, including statements regarding our progress on our key priorities, business models, guidance for the fourth fiscal quarter and full fiscal year 2026, our business momentum, the macroeconomic environment, and our long-term financial objectives. There are a significant number of factors that could cause actual results to diff ...

Fiscal Q1 2026 Earnings Call November 2025 Safe Harbor Forward-Looking Statements Unless otherwise noted, all numbers presented will be on an adjusted, non-GAAP basis. Reconciliation of GAAP to non-GAAP financial measures is in the appendix of this presentation. This presentation has been prepared by Zscaler, Inc. ("Zscaler") for informational purposes only and not for any other purpose. Nothing contained in this presentation is, or should be construed as, a recommendation, promise or representation by the ...

Financial Performance - Q1 FY2026 revenue reached $670.6 million, a 13% year-over-year increase[6] - Annual Recurring Revenue (ARR) grew to $2.28 billion, reflecting an 18% year-over-year increase[6] - Free cash flow generated was $174.5 million, up 15% year-over-year[6] - Non-GAAP gross margin was 88%, a 50 bps increase year-over-year[12] Customer Growth and Partnerships - Total customer count increased to 29,930, a 10% year-over-year growth[6] - The company announced support for Dell PowerStore, expected in summer 2026[6] - Nutanix Cloud Platform (NCP) will support Microsoft Azure Virtual Desktop (AVD) for hybrid environments[6] Future Outlook - Q2 FY2026 revenue is projected to be between $705 million and $715 million[20] - FY2026 revenue is guided to be between $2.82 billion and $2.86 billion[21] - FY2026 free cash flow is expected to be between $800 million and $840 million[21]

Financial Performance - Petco's Q3 2025 operating income increased by approximately $25 million [10] - Adjusted EBITDA for Q3 2025 increased by roughly $17 million [10] - Free cash flow generated in Q3 2025 was approximately $61 million [10] - Net debt decreased by 8% year-over-year, from $1.47 billion to $1.36 billion [28] - Liquidity increased by 14% year-over-year, from $644 million to $733 million [28] Sales and Revenue - Net sales for Q3 2025 were $1.464 billion, a decrease of 3% compared to $1.511 billion in Q3 2024 [22, 43] - Consumables net sales were $731.456 million, a decrease of 3% compared to $753.230 million in Q3 2024 [43] - Supplies and companion animals net sales were $478.145 million, a decrease of 6% compared to $509.964 million in Q3 2024 [43] - Services and other net sales were $254.810 million, an increase of 3% compared to $248.243 million in Q3 2024 [43] Outlook and Guidance - The company expects net sales to be down low single digits year-over-year for Q4 2025 [31] - Adjusted EBITDA is projected to be between $93 million and $95 million for Q4 2025 [31] - Full year 2025 net sales are expected to be down 2.5% - 2.8% [31] - Full year 2025 Adjusted EBITDA is projected to be between $395 million and $397 million [31]

Q3 FY26 Performance Highlights - Dell Technologies achieved a record Q3 revenue of $2701 billion, up 11% year-over-year, driven by AI server shipments[10, 11] - The company's diluted EPS reached $228, a 39% year-over-year increase, with a record Q3 non-GAAP diluted EPS of $259, up 17% year-over-year[10, 11] - Dell Technologies generated $12 billion in cash flow from operations in Q3, bringing the year-to-date total to $65 billion[10] - The company returned $16 billion of capital to shareholders in Q3, resulting in $53 billion returned year-to-date[10] Infrastructure Solutions Group (ISG) Performance - ISG revenue reached $1411 billion, a 24% year-over-year increase, with servers and networking revenue up 37% to $1013 billion[11] - Storage revenue for ISG was $398 billion, a decrease of 1% year-over-year[11] - ISG operating income improved sequentially to 124%, driven by AI server and storage performance[10] AI Server Business - Dell Technologies booked $30 billion in AI-optimized server orders year-to-date and expects to ship $25 billion in FY26[12] - AI shipments reached $56 billion in Q3, leading to $156 billion of shipments year-to-date, with an AI backlog of $184 billion exiting Q3[10] - The company expects to ship roughly $94 billion of AI servers in Q4, bringing FY26 shipments to roughly $25 billion, a 150% year-over-year increase[10] Client Solutions Group (CSG) Performance - CSG revenue was $1248 billion, a 3% year-over-year increase, with commercial revenue up 5% to $1062 billion[11] - Consumer revenue for CSG was $186 billion, a decrease of 7% year-over-year[11] FY26 Guidance - Dell Technologies projects FY26 revenue of $1117 billion ± $05 billion, up approximately 17% year-over-year, and non-GAAP diluted EPS of $992 ± $010, up approximately 22% year-over-year[15]

Financial Highlights - Revenue for fiscal year 2025 reached $766.3 million[9], a significant increase compared to fiscal year 2024's $378.9 million[21] - GAAP Net Income for fiscal year 2025 was $364.5 million[9], a substantial turnaround from a loss of $145.8 million in fiscal year 2024[21] - Adjusted EBITDA for fiscal year 2025 was $823.4 million[9], a 107.5% increase from $245.8 million in fiscal year 2024[21] - Gross Profit for fiscal year 2025 was $423.2 million[21], with a gross profit margin of 55.2%[21] - The company mined 7,873 Bitcoin[9] with an operational hashrate of 50 EH/s as of October 31, 2025[9] Operational Metrics - The marginal cost per Bitcoin was $42,956[9], and the company held 13,011 Bitcoins[9], including receivables from collateral of 2,583[9] - The company has contracted capacity of 1,312 MW[13] across 33 operating data center sites[13] with an average fleet efficiency of 16.07 J/Th[13] - Q4 2025 revenue was $377.7 million[24], a 46.7% increase from Q3 2025's $257.4 million[24] Strategic Initiatives - The company is evolving from pure-play Bitcoin mining to an energy and infrastructure compute platform[10, 11, 16] - The company is expanding into the market for high-performing computing (HPC) and artificial intelligence (AI)[4] - The company closed a $1.15 billion convertible bond at 0% interest and has Bitcoin-collateralized facilities with $400 million capacity[30]

Investor Presentation Q3 FY26 This presentation may contain forward-looking statements for which there are risks, uncertainties, and assumptions. Forward-looking statements may include any statements regarding strategies or plans for future operations; any statements concerning new features, enhancements or upgrades to our existing applications or plans for future applications; any projections of revenues, gross margins, earnings, or other financial items; and any statements of expectation or belief. Forwar ...

Financial Performance - Revenues reached $44.5 million in Q3 2025, a 10% increase compared to $40.4 million in Q3 2024 [5, 14] - Adjusted net income was $14.4 million in Q3 2025, slightly up from $14.2 million in Q3 2024 [5] - The company eliminated bank debt by repaying $86 million during 2025 and approximately $350 million in the last 3 years [5, 18] - Share repurchases totaled $1.8 million this year, bringing the total to $21.2 million since 2023 [5] Fleet and Operations - Over 57% of fleet days one year forward are fixed, with contracted revenues exceeding $130 million for all subsequent periods, excluding the JV vessel [5] - The company sold two small LPG carriers in 2025 and purchased the remaining 50% share in two small LPG carriers from its joint venture partner [5] - Increased period coverage for 2026 to 46% and secured over $77 million in revenues for next year [9] Market Trends - Global LPG exports continue to grow steadily, with a 5% increase in 9M 2025 [26] - US exports experienced strong growth of 6% year-over-year in 9M 2025 [26] - Approximately 30% of the small LPG fleet is over 20 years of age, indicating an aging fleet [30] Future Considerations - The company has significant operating leverage due to its sizeable fleet and reduced exposure to the spot market, providing high earnings visibility [34] - The company maintains a healthy capital structure with zero debt and high liquidity [34]

Financial Performance - StoneX's Q4 2025 operating revenues increased by 31% to $1,202.3 million[11] - Net income for Q4 2025 rose by 12% to $85.7 million[11] - Full fiscal year 2025 operating revenues grew by 20% to $4,126.9 million[11] - Full fiscal year 2025 net income increased by 17% to $305.9 million[11] - Book value per share increased by 27% to $45.56[14] Acquisitions and Integration - RJO/Benchmark acquisitions added $32.4 million to total fixed compensation and other expenses[14] - Net operating revenue from RJO was $69.6 million, and from Benchmark was $11.0 million[14] - Pre-tax income from RJO was $22.1 million, and from Benchmark was $2.4 million[14] - RJO held $6.3 billion in client segregated/secured assets[43] Client Balances - Q4 2025 average client equity plus MMF/FDIC sweep was approximately $12.6 billion, a 65% increase compared to Q4 2024[14]