Earnings Call Transcripts
Access detailed transcripts and key takeaways from company earnings calls
All Earnings Calls
GE Vernova Q4 2025 Earnings Call - Gas power surge drives $150B backlog and lifts 2026 outlook
GE Vernova closed 2025 with a dramatic tilt toward gas and electrification, booking $59 billion of orders, expanding total backlog to $150 billion, and adding roughly $8 billion of incremental equipme...
- Backlog climbed to $150 billion at year-end 2025, up about $31 billion or more than 25% year-over-year, split roughly $64 billion equipment and $86 billion services.
- 2025 orders totaled $59 billion, with Q4 orders of $22.2 billion and a book-to-bill of approximately 2x; equipment orders grew 91% in Q4 and services orders grew 22%.
- Gas power momentum is the headline: gas equipment backlog and slot reservations rose from 62 GW to 83 GW sequentially in Q4, and management expects roughly 100 GW under contract by year-end 2026.
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UMC Q4 2025 Earnings Call - 22nm Mix Shift and Packaging, Photonics Push Set Stage for 2026-27 Upside
UMC reported a steady Q4 2025, with revenue of TWD 61.8 billion, gross margin of 30.7%, and EPS of NT$0.81, while utilization held near 78%. Management anchored 2026 guidance to flat wafer shipments i...
- Q4 2025 results were solid and in line with guidance, revenue TWD 61.81 billion, gross margin 30.7%, net income attributable to parent TWD 10.06 billion, EPS NT$0.81.
- Utilization stayed around 78% in Q4, management expects mid-70s utilization in Q1 2026 with wafer shipments flat quarter-on-quarter.
- UMC delivered modest full-year 2025 growth, revenue TWD 237.5 billion (up 2.3% YoY), net income for 2025 about TWD 41.7 billion, EPS 3.34, down from 3.80 in 2024.
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ASML Q4 2025 and Full Year 2025 Earnings Call - AI-driven EUV surge fuels record revenue, orders and backlog
ASML closed 2025 with a bang, reporting a record Q4 and full-year performance driven by a sharp pickup in AI-related demand and a ramp in EUV adoption. Q4 revenue hit EUR 9.7 billion, full-year revenu...
- Q4 2025 net revenue was EUR 9.7 billion, full-year 2025 revenue EUR 32.7 billion, up 16% versus 2024.
- Gross margin was 52.2% in Q4 and 52.8% for the full year, with management guiding 51% to 53% for 2026.
- Net income totaled EUR 2.8 billion in Q4 and EUR 9.6 billion for 2025.
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Elevra Lithium December 2025 Earnings Call - Record revenue and operating cash flow at NAL, but FY26 production guidance trimmed due to lower head grades and high iron
Elevra delivered a paradoxical quarter. North American Lithium posted record quarterly revenue of $66 million, a $12 million operating profit and $13 million operating cash flow, driven by disciplined...
- Record quarter revenue of $66 million at NAL, driven by a 27% increase in average realized FOB price to $998 per ton.
- NAL generated $12 million operating profit and $13 million operating cash flow for the December quarter, demonstrating leverage to higher spodumene prices.
- Spodumene concentrate production fell 15% quarter on quarter to 44,154 dry metric tons, driven by lower feed grade and elevated iron content affecting recoveries.
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Seagate Technology Fiscal Second Quarter 2026 Earnings Call - HAMR Ramp Drives Record Margins as Cloud Demand Outruns Supply
Seagate closed the December quarter with striking results: $2.83 billion in revenue, 22% year-over-year growth, and record profitability metrics driven by a higher-capacity product mix and early HAMR ...
- Revenue $2.83 billion in the December quarter, up 7% sequentially and 22% year over year.
- Seagate posted record exabyte shipments at 190 EB for the quarter, up 26% year over year, while keeping unit volume relatively flat.
- Non-GAAP gross margin expanded to 42.2%, non-GAAP operating margin to 31.9%, and non-GAAP EPS was $3.11, all company records.
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Enova International Q4 2025 Earnings Call - Record originations, solid credit, and Grasshopper deal to accelerate growth
Enova closed 2025 with a strong finish, driven by record originations, stable credit, and meaningful operating leverage. Q4 originations rose 32% year over year to $2.3 billion, lifting the company po...
- Leadership change effective Jan 1, 2026, with Steve Cunningham as CEO and Scott Cornelis as CFO, while David Fisher transitions to executive chair and commits to remain at least two years.
- Enova reported a record year: full year 2025 originations +27%, revenue nearly +20%, and adjusted EPS +42% year over year.
- Q4 2025 originations rose 32% YoY to $2.3 billion, and total portfolio (amortized receivables) grew 23% YoY to $4.9 billion.
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Nextpower Q3 FY2026 Earnings Call - Flight to quality fuels backlog, raises FY26 outlook amid Saudi JV and investment grade rating
Nextpower reported a strong Q3 FY2026, driven by robust U.S. demand, accelerating non-tracker product adoption, and an expanding international footprint. Revenue rose 34% year over year to $909 millio...
- Q3 revenue grew 34% year over year to $909 million, adjusted EBITDA rose 15% to $214 million, with an adjusted EBITDA margin of 23%.
- Fiscal YTD revenue is $2.68 billion, up 32% year over year, and GAAP net income year-to-date was $435 million.
- Backlog is stated at greater than $5 billion, management called this a new record, but they did not disclose a specific bookings number for Q3.
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Stride Q2 FY2026 Earnings Call - Platforms Stabilized; Company Prioritizes Stability Not Growth
Stride reports a clean second quarter on the other side of a rocky tech rollout. Revenue and profitability improved year over year, enrollments held steady sequentially and demand measured by applicat...
- Company says the core platform issues from last fall have been executed on, with primary problems behind them and customer support call volume dropping sharply after fixes.
- Stride is prioritizing stability over growth for FY2026, intentionally tempering enrollment expansion despite continued strong demand.
- Total revenue was $631.3 million, up nearly 8% year over year, with adjusted operating income of $159 million, up 17% year over year.
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Hanmi Financial Corporation Fourth Quarter 2025 Earnings Call - NIM Expansion from Deposit Cost Cuts, Healthy Loan Growth Despite Q4 Production Dip
Hanmi closed 2025 with stronger earnings and cleaner fundamentals. Q4 net income slipped modestly to $21.2 million, but full-year net income rose to $76.1 million, driven by loan growth, lower deposit...
- Q4 net income was $21.2 million, or $0.70 per diluted share, down 3.7% quarter-over-quarter, driven by lower non-interest income.
- Full-year 2025 net income totaled $76.1 million, or $2.51 per diluted share, up 22% year-over-year.
- Net interest margin expanded 6 basis points sequentially to 3.28% in Q4, and management cited a 37 basis-point expansion for the full year, powered primarily by lower interest-bearing deposit costs and higher average loan balances.
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F5 Inc. Q1 FY2026 Earnings Call - Systems, AI, and Hybrid Multi-Cloud Propel Growth Despite Security Incident
F5 reported a clean, above-consensus quarter, with revenue of $822 million, up 7% year over year, driven by an 11% gain in product revenue and a 37% jump in systems. Management framed the quarter as a...
- Top line: Revenue $822M, up 7% year over year, split evenly between product ($410M) and services ($412M).
- Systems strength: Systems revenue $218M, up 37% year over year, driven by tech refreshes, capacity expansion, and AI-related demand.
- Product mix nuance: Software revenue declined 8% to $192M, but subscription revenue was resilient, up 1% to $164M; recurring revenue made up 69% of total revenue.
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