Earnings Call Transcripts

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All Earnings Calls

CTAS March 25, 2026

Cintas Corporation Fiscal 2026 Q3 Earnings Call - Record Revenues, All-time Margins and UniFirst Deal Advances

Cintas delivered a clean quarter: record revenue of $2.84 billion (total growth 8.9%, organic 8.2%), all-time high gross margins across its route businesses and an EPS beat that prompted a raise to fi...

  • Q3 revenue a record $2.84 billion, up 8.9% year over year, with organic growth of 8.2%.
  • Gross margin expanded to 51.0%, a 40 basis point increase; all-time high gross margins reported across the three route-based businesses and First Aid and Safety.
  • Operating income rose to $659.9 million, up 8.2% year over year; adjusted growth would be 11% after removing a prior-year one-time gain.
  • +13 more takeaways
ONDS March 25, 2026

Ondas Inc. Q4 2025 Earnings Call - M&A-fueled pivot to multi-domain ISR lifts 2026 revenue target to at least $375M

Ondas used the Q4 report to declare a transformation from a narrow autonomous-systems seller into a multi-domain, software-defined ISR platform, driven heavily by acquisitions and strategic partnershi...

  • Q4 revenue $30.1 million, up 629% year-over-year and nearly 200% sequentially, driven by Ondas Autonomous Systems deliveries.
  • Full-year 2025 revenue $50.7 million, up 605% from 2024, with full-year gross margin improving to 40% from 5% the prior year.
  • Company raised 2026 revenue guidance to at least $375 million, more than doubling its January outlook and reflecting contribution from recent acquisitions.
  • +12 more takeaways
CGNT March 25, 2026

Cognyte Q4 FY2026 Earnings Call - Double-digit revenue growth, record gross margins and $448M FY2027 guide

Cognyte closed FY2026 with healthy top-line momentum, margin expansion and clearer visibility into the next 12 months. Q4 revenue was $106.2 million, up 12.4% year-over-year, and full-year revenue rea...

  • Q4 revenue $106.2 million, up 12.4% year-over-year; FY2026 revenue $400.0 million, up 14.1% year-over-year.
  • Q4 non-GAAP gross margin reached a record 74.7%; full-year non-GAAP gross margin was 73%, achieving the FY2028 margin target two years early.
  • Q4 non-GAAP operating income doubled year-over-year to $12.1 million; full-year non-GAAP operating income was $36.7 million and GAAP operating income turned positive at $13.3 million (from a loss prior year).
  • +12 more takeaways
ENLV March 25, 2026

Enlivex Q4 2025 Earnings Call - Treasury gains from RAIN prediction-market token drive $1.23B net income

Enlivex reported a startling shift in 2025: $1.23 billion in net income and $25.48 of diluted EPS, driven not by product sales but by marked-to-market gains in a prediction-markets focused treasury. M...

  • Enlivex reported full-year 2025 net income of $1.23 billion and diluted EPS of $25.48, results driven by valuation gains in treasury and treasury-related assets, not operating biotech revenues.
  • Total treasury and treasury-related assets ended 2025 at $2.31 billion, and shareholders equity was $1.93 billion, reflecting mark-to-market appreciation of digital holdings.
  • Company frames a dual-engine model, combining a clinical-stage biological program (Allocetra) with a prediction-markets-focused digital treasury, arguing the two are complementary.
  • +12 more takeaways
WOR March 25, 2026

Worthington Enterprises Q3 FY2026 Earnings Call - 24% Revenue Surge, 14% Organic Growth and Multi-Year Data Center Upside

Worthington delivered a take-no-prisoners quarter: total revenue jumped 24% to $379 million, driven by 14% organic growth and $32 million from recent acquisitions, while adjusted EBITDA rose to $85 mi...

  • Revenue jumped 24% year over year to $379 million, driven by 14% organic growth and $32 million from acquisitions in Q3.
  • GAAP EPS was $0.92 versus $0.79 a year ago; adjusted EPS was $0.98, up from $0.91, marking the sixth consecutive quarter of year-over-year adjusted EPS growth.
  • Adjusted EBITDA rose to $85 million from $74 million, with an adjusted EBITDA margin of about 22.3%; trailing twelve-month adjusted EBITDA is $297 million, up $54 million year over year.
  • +12 more takeaways
KC March 25, 2026

Kingsoft Cloud Q4 2025 Earnings Call - AI computing surge drives record revenue and operating profitability

Kingsoft Cloud closed Q4 2025 at a record RMB 2.761 billion in revenue, powered by an explosive AI computing ramp. Public cloud revenue rose 35% year over year to RMB 1.902 billion, while AI gross bil...

  • Q4 revenue hit a record RMB 2,761 million, up 24% year over year.
  • Public cloud revenue rose 35% year over year to RMB 1,902 million.
  • AI gross billing (智算/AI business) nearly doubled, reaching RMB 926 million in the quarter, about 49% of public cloud revenue.
  • +11 more takeaways
EDAP March 25, 2026

EDAP TMS Q4 2025 Earnings Call - Record Focal One placements and HIFU revenue drive growth, but tariffs and legacy businesses dent margins

EDAP closed 2025 on a clear commercial upswing: Focal One capital placements and procedure volumes accelerated, pushing HIFU revenue to a record EUR 33.1 million (up 39% year over year) and delivering...

  • Full-year 2025 HIFU revenue was a record EUR 33.1 million, up 39% year over year, driven by capital sales and treatment revenue.
  • Q4 2025 was the company’s strongest quarter for HIFU, with Q4 HIFU revenue of EUR 11.7 million, a 34% increase versus Q4 2024.
  • EDAP recorded 15 Focal One placements in Q4 2025, including 14 cash sales; the company sold 35 Focal One units in 2025 and finished the year with an installed base of approximately 165 units.
  • +16 more takeaways
CHWY March 25, 2026

Chewy Fourth Quarter 2025 Earnings Call - Guiding 2026 for ~8%-9% Sales and 100 bps EBITDA Margin Expansion

Chewy closed fiscal 2025 with steady, repeatable growth and improving profitability, reporting roughly $12.6 billion in sales (+8% YoY), record free cash flow, and clear momentum in its Autoship-led m...

  • Fiscal 2025 net sales exceeded $12.6 billion, with Q4 sales over $3.26 billion, growing 8.3% for the year and 8.1% in Q4 on a comparable 52-week basis.
  • Active customers reached 21.3 million, up about 4% year-over-year, with net additions improving by more than 810,000 in 2025.
  • Autoship remains the backbone, accounting for 84% of Q4 sales and 83.3% for the year; Autoship sales grew ~13% in Q4 and ~14% for the year, outpacing overall revenue growth.
  • +15 more takeaways
VIOT March 25, 2026

Viomi Technology Co., Ltd. 2H and Full Year 2025 Earnings Call - Global Water push fuels growth, but H2 subsidy drop dents domestic sales

Viomi closed 2025 with CNY 2.43 billion in revenue, up 14.6% year over year, and net income attributable to ordinary shareholders of CNY 141.6 million. The picture is mixed. The company is aggressivel...

  • Full year 2025 revenue CNY 2,428.2 million, up 14.6% year over year, with net income attributable to ordinary shareholders of CNY 141.6 million and a net margin of 5.8%.
  • Second half 2025 revenue stood at CNY 950.6 million, a 25.9% decline year over year, driven primarily by a drop in home water systems after national trade-in subsidies were phased down.
  • Home water system revenue in H2 2025 was CNY 628.2 million, down 32.1% year over year; consumables were CNY 112.2 million, down 17.9%, due in part to lower filter sales to Xiaomi.
  • +11 more takeaways
REED March 25, 2026

Reed's Inc. Q4 2025 Earnings Call - Sequential stabilization, cost cuts and distribution rebuild begin but losses persist

Reed’s reports early signs of operational stabilization after leadership change and a $10 million capital raise, but the business remains smaller and unprofitable. Q4 sales fell to $7.5 million from $...

  • Leadership change: CEO Cyril Wallace stepped down; Neal Cohane named interim CEO and will join the board while a permanent CEO search is underway.
  • Top-line weakness: Q4 2025 net sales were $7.5 million versus $9.7 million in Q4 2024, driven by lower volumes with recurring national customers and higher promotional allowances.
  • Margin pressure: Q4 gross profit fell to $1.5 million and gross margin compressed to 20% from 30% year over year, with inventory write-offs and higher cost of goods cited as primary drivers.
  • +12 more takeaways