Q2 FY26 Performance Highlights - Total revenue reached $801 million, demonstrating a 9% year-over-year growth[14] - Billings increased by 13% year-over-year, reaching $818 million[14] - Non-GAAP operating margin was 29.8%, resulting in $218 million[14] - Free cash flow represented 27% of total revenue[14] - International revenue grew by 13% year-over-year and accounted for 29% of total revenue[42] Customer Base and Agreement Management - The company has over 1740000 customers and more than 1 billion users across 180+ countries[14] - 95% of Fortune 500 companies are Docusign customers[14] - Docusign is helping 10000+ organizations advance their agreement maturity with IAM[36] Financial Guidance - Q3 FY26 total revenue is projected to be between $804 million and $808 million, representing a 7% year-over-year change[73] - FY26 total revenue is projected to be between $3189 million and $3201 million, representing a 7% year-over-year change[76]

Q2 FY26 Investor Presentation September 4, 2025 Disclaimer and Statement Regarding Use of Non-GAAP Measures This presentation contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. These statements may relate to, but are not limited to, expectations of future operating results or financial performance, market size and growth, industry developments and trends, the calculation of certain of our financial and o ...

Financial Highlights - Q2 2026 consolidated revenues increased by 5% year-over-year and 23% sequentially compared to Q1 2026, with a consolidated gross margin of 19%[5] - Record Q2 earnings per diluted share of $2.50, up $1.19 year-over-year[5] - Q2 EBITDA reached $36 million, representing 15.2% of revenue[5] - The company paid a quarterly dividend of $0.375 per common share[5] Project Backlog and Business Segments - Record project backlog of $2.0 billion as of July 31, 2025[5] - Power Industry Services accounted for 83% of Q2 revenues, generating $197 million in revenue and $35 million in pre-tax income[10] - Industrial Construction Services contributed 15% of Q2 revenues, with $36 million in revenue and $3 million in pre-tax income[10] - Telecommunications Infrastructure Services represented 2% of Q2 revenues, amounting to $5 million in revenue and $0.3 million in pre-tax income[10] Market Drivers and Growth - AI power demand is projected to grow at an annual average of 70% through 2027[14] - Electric vehicle adoption is projected to grow 20-fold by 2040, increasing the average total annual EV load in the U S to 468000 GWh from 24000 GWh in 2023[16] - Companies have committed $525 billion towards the construction of factories making semiconductors, microchips, batteries, and solar panels since 2021[18]

Financial Highlights - Q2'FY26总交易额(GTV)达230亿美元[7] - Q2'FY26总收入为2.42亿美元[7] - Q2'FY26非美国通用会计准则(Non-GAAP)运营利润率为12.1%[7] - Q2'FY26平台毛利率为80.7%[7] - Q2'FY26收入同比增长25%[7] - Q2'FY26平台收入同比增长26%[7] - Q2FY26净留存率超过110%[7] Market Opportunity - 公司服务的行业市场规模约为6500亿美元[18] - 所有潜在行业和市场规模约为1.5万亿美元[19] - 公司当前客户产生的收入机会为130亿美元[22] Customer Base - 公司拥有约9500个活跃客户[39] - 超过1000个客户的年度账单超过10万美元[39] - 来自年度账单超过10万美元的客户的总年度账单占比超过50%[39]

2Q FY 2026 Earnings Supplemental Slides Safe Harbor Statements we make in this presentation may include statements which are not historical facts and are considered forward-looking within the meaning of the Private Securities Litigation Reform Act of 1995, which are usually identified by the use of words such as "anticipates," "believes," "estimates," "expects," "intends," "may," "plans," "possible," "projects," "outlook," "seeks," "should," "will," and variations of such words or similar expressions, inclu ...

Financial Performance - Total revenue reached $2.5 billion, a 7% increase[2] - Diluted EPS was $3.10, a 2% decrease[2] - Total comparable sales increased by 1%[2] Segment Performance - Women's apparel revenue increased by 5%[7] - Men's apparel revenue increased by 6%[7] - Accessories and other revenue increased by 15%[7] - Store revenue increased by 3%[8] - Digital revenue increased by 9%[8] Market Performance - Americas revenue increased by 1%[9] - International revenue increased by 22%[9] Company Strategy - The company ended Q2 with 784 company-operated stores globally[9]

Company Overview - ICU Medical's 2024 revenues reached $2.35 billion[8] - The company's revenue mix includes 44% from consumables and 28% from systems pre-JV, which shifts to 52% and 33% post-JV respectively[6] - Vital Care accounts for 28% of revenue pre-JV and 16% post-JV[7] - Geographically, 64% of revenue comes from the US & Canada, and 36% from OUS post-JV[11] - Single-use consumables make up 88% of revenue, while hardware accounts for 12% post-JV[11] Financial Highlights - The company's diluted equity value is $3.2 billion, with a net debt of $1.0 billion, resulting in an enterprise value of $4.2 billion[11] Growth and Strategy - The industry is experiencing pump replacement cycle acceleration due to distinct circumstances[14] - The company is focused on improving its quality system and FDA warning letter remediation[37] - The company aims to achieve gross margin expansion, targeting 42-43% in the near-med term and 45% in the longer term[34] - The company is working towards a fully stable supply chain, production, and distribution network[37] - The company is focused on contract renewals of a significant portion of L-ICU US sales in late 2024[37]

Financial Performance - Braze's quarterly revenue run rate is $720 million[3] - Q2 2026 revenue reached $1801 million, a 238% year-over-year increase and an 111% sequential growth[10, 14] - The GAAP gross margin was 677%, while the non-GAAP gross margin was 693%[10, 16] - The dollar-based net retention rate was 108%[4, 10, 18] - GAAP operating loss was $388 million, compared to a $280 million loss in the prior year quarter, while non-GAAP operating income was $60 million, compared to $42 million in the prior year quarter[10] - Net cash provided by operating activities was $70 million, compared to $310 million in the prior year quarter[10] - Free cash flow was $35 million, compared to $72 million in the prior year quarter[10, 23] Customer Growth - The customer base increased to 2,422 as of July 31, 2025, from 2,163 in the prior year quarter, representing a 12% year-over-year growth[4, 10, 20] Guidance - Q3 2026 revenue is projected to be between $1835 million and $1845 million, and full-year 2026 revenue is expected to be between $7170 million and $7200 million[29]

Financial Performance & Strategy - FY25 revenues reached $1,137.8 million[69] - The company achieved a 5-year revenue CAGR of 34%[17,69] - Adjusted EPS 5-year CAGR was +88%[17] - Organic revenue 5-year CAGR was +24%[17,69] - Adjusted FY25 Free Cash Flow reached $243291 thousand[49,75] - Net leverage was significantly reduced to 24x[49] - The company anticipates approximately $1 billion total Free Cash Flow over the next four years[51] E-commerce & International Expansion - E-commerce as a percentage of net sales has increased +4x from approximately 4% in FY19 to approximately 16% in FY25[33] - International revenue accounts for approximately 16% of Prestige Net Sales in FY25[45] FY26 Outlook - Expected revenue for FY26 is projected to be between $1,100 to $1,115 million[59] - Projected FY26 Non-GAAP Free Cash Flow is $245 million[59,77]

Financial Performance - The Toro Company's Q3 2025 net sales were $1,131.3 million, a decrease of 2.2% compared to $1,156.9 million in Q3 2024[25] - Adjusted diluted EPS for Q3 2025 was $1.24, a 5.1% increase from $1.18 in Q3 2024[25] - The company repurchased $90 million of its common stock during Q3 2025[6] - The company updated its full-year fiscal 2025 adjusted diluted EPS guidance to approximately $4.15[6] Segment Results - Professional segment net sales increased by 5.7%, from $880.9 million in Q3 2024 to $930.8 million in Q3 2025[27] - Professional segment earnings margin increased by 250 bps, from 18.8% in Q3 2024 to 21.3% in Q3 2025[27] - Residential segment net sales decreased by 27.9%, from $267.5 million in Q3 2024 to $192.8 million in Q3 2025[30] - Residential segment earnings margin decreased by 1030 bps, from 12.2% in Q3 2024 to 1.9% in Q3 2025[30] Cost Savings and Efficiency - The company's AMP initiative is expected to deliver at least $100 million in incremental annualized cost savings by fiscal 2027[22] - Approximately $4 million of run-rate savings were achieved in Q3 2025 through the AMP initiative[24] Tariff Mitigation - The company estimates fiscal 2025 tariff headwinds to be approximately $70 million, down from a prior estimate of approximately $90 million[7] - The company is on track to mitigate 100% of tariff headwinds for full-year 2025[9]