Earnings Call Transcripts

Access detailed transcripts and key takeaways from company earnings calls

All Earnings Calls

PROP March 31, 2026

Prairie Operating Co. Year-End 2025 Earnings Call - Bayswater Integration Boosts Scale, Capital-Structure Remains the Real Overhang

Prairie spent 2025 bulking up and proving it can run a bigger company. The Bayswater acquisition closed and was fully integrated, plus five bolt-ons expanded the DJ Basin footprint to roughly 44,000 i...

  • Prairie completed full integration of Bayswater assets and executed six transactions in 2025, adding approximately 44,000 net acres inclusive of Bayswater.
  • Reported full-year production was ~6.75 million BOE (avg ~18,500 BOE/day); including pro forma Bayswater first-quarter volumes, full-year production would be ~24,000 BOE/day, roughly 4x YoY; exit rate was ~28,000 net BOE/day.
  • Total revenue for 2025 was approximately $242 million, or ~$315 million inclusive of Bayswater pro forma contribution.
  • +13 more takeaways
ALTI March 31, 2026

AlTi Q4 2025 Earnings Call - CEO Transition, Incentive Fees and ZBB Set Stage for 2026 Turning Point

AlTi closed 2025 with solid top-line momentum but a noisy income statement. Assets under management hit $50 billion, driving total revenue of $255 million, up 29% year-over-year, and adjusted EBITDA o...

  • Leadership change: Founder and CEO Michael Tiedemann is stepping down after more than 25 years, Nancy Curtin (Global CIO) named Interim CEO.
  • AUM reached $50 billion at year-end 2025, up 10% year-over-year, driven by investment performance and the Kontora acquisition.
  • Total revenue for 2025 was $255 million, a 29% increase versus 2024, with recurring management fees near $200 million.
  • +11 more takeaways
SLSN March 31, 2026

Solésence Q4 2025 Earnings Call - Transform and Transcend plan prioritizes operational fixes to restore margins

Solésence closed 2025 with record revenue of $62.1 million, up 18.6% year over year, but growth came with painful execution costs. Q4 revenue held roughly flat at $12.5 million, gross margin improved ...

  • Full year 2025 revenue reached a record $62.1 million, up 18.6% from $51.9 million in 2024, driven by a large-scale launch and 20 new brand partners.
  • Q4 2025 revenue was $12.5 million, roughly flat year over year; Q4 gross profit improved to $3.4 million from $2.8 million, with gross margin at 27% versus 22% in Q4 2024.
  • Full-year gross profit finished essentially flat at $16.1 million versus $16.2 million in 2024, showing that top-line growth did not translate into higher annual gross profit.
  • +12 more takeaways
BOSC March 31, 2026

B.O.S. Better Online Solutions Ltd. Full Year 2025 Earnings Call - Record 2025, Conservative 2026 Guidance Despite $24M Backlog

B.O.S. closed 2025 with clear momentum, reporting record revenue of $51.0 million, up 27% year-over-year, and net income of $3.6 million, up 57%. Management points to a healthy $24 million contracted ...

  • Record 2025 results: revenues $51.0M, up 27% YoY; net income $3.6M, up 57% YoY.
  • Contracted backlog of $24M at year-end 2025, covering about 50% of 2026 guidance and giving visibility into revenue.
  • Management issued conservative 2026 guidance equal to 2025: ~ $51M revenue and ~$3.6M net income, with upgrades expected quarterly if momentum continues.
  • +14 more takeaways
INKT March 31, 2026

MiNK Therapeutics Fourth Quarter and Year-End 2025 Earnings Call - Advancing randomized ARDS trial and GVHD dosing with non-dilutive funding, clinical readouts expected in 2026

MiNK spent the call selling one clear story, clinical momentum plus capital discipline. The company positions its allogeneic iNKT platform as off-the-shelf, steroid-resistant, and safe, with durable s...

  • Platform and differentiation: MiNK advances an allogeneic invariant natural killer T cell, off-the-shelf platform that is administered without lymphodepletion or HLA matching, and management emphasizes a favorable safety profile.
  • Durability signal in oncology: In checkpoint-refractory solid tumors, MiNK reported median overall survival exceeding 23 months in combination with PD-1 therapies, and complete remissions beyond two years in heavily pretreated patients.
  • Mechanistic data: Clinical and translational readouts show coordinated immune effects, including dendritic cell activation, macrophage repolarization, reinvigoration of exhausted T cells, and controlled increases in IFN gamma, IL-2 and TNF alpha consistent with productive response without systemic toxicity.
  • +12 more takeaways
IVA March 31, 2026

Inventiva Full Year 2025 Earnings Call - NATiV3 Readout Slotted for Q4 2026; Company Pivots Solely to Lanifibranor

Inventiva closed 2025 with NATiV3 enrollment complete and a sharpened corporate focus: every resource is now directed at getting lanifibranor to market for MASH. Management updated the pivotal topline...

  • NATiV3 enrollment completed April 2025; main cohort exceeded 1,000 patients (reported ~1,009) and an exploratory cohort of ~410 patients (includes compensated F1-F4, roughly 75 F4).
  • Top-line readout timing updated to Q4 2026, presented as the company’s next major inflection point for regulatory and commercial plans.
  • Trial powered to over 90% for the composite primary endpoint of fibrosis improvement plus MASH resolution, with sample size designed to tolerate up to 30% dropouts; company reports dropouts well below that covenant threshold.
  • +12 more takeaways
BITF March 31, 2026

Bitfarms FY2025 Earnings Call - Rebrand to Keel Infrastructure and Full Pivot to 2.2 GW North American HPC/AI Pipeline

Bitfarms used the FY2025 call to draw a hard line under Bitcoin mining and present itself as a new company: Keel Infrastructure. Management confirmed U.S. re-domiciliation and an imminent rebrand, a s...

  • Company will re-domicile to the U.S. and rebrand as Keel Infrastructure, with the change expected to complete April 1 and listing under ticker Keel two business days after the transaction.
  • Management declared a full strategic pivot from Bitcoin mining to North American HPC and AI infrastructure, saying the legacy Bitcoin business will be left behind by 2027.
  • Keel reports a roughly 2.2 GW pipeline of secured and expandable capacity across Pennsylvania, Washington State, and Quebec, with a stated focus on powered-shell and colocation product types.
  • +12 more takeaways
NXPL March 31, 2026

NextPlat Corporation Year-End 2025 Earnings Call - Early margin gains and national healthcare expansion via HealthWarehouse

NextPlat spent 2025 digging itself out, and management says the work is starting to show. Revenue fell to about $54 million, but cost cuts, a shift toward higher margin 340B and medication fulfillment...

  • Company completed a reverse stock split to maintain Nasdaq listing; management frames it as necessary and says insiders remain large shareholders.
  • Total revenue for 2025 was approximately $54 million, down 18% from $66 million in 2024.
  • Healthcare operations generated about $40 million in 2025, roughly 73% of consolidated revenue, down from approximately $52 million in 2024.
  • +12 more takeaways
JILL March 31, 2026

J.Jill Q4 2025 Earnings Call - Investing to expand customer file amid tariff headwinds and promotional pressure

J.Jill calls 2025 the start of a deliberate strategic evolution, trading near-term profitability for investments aimed at broadening its customer file. Q4 beat the companys updated guidance but showed...

  • Q4 2025 total sales $138.4 million, down 3.1% year over year; total company comparable sales down 4.8%, driven by retail weakness.
  • Q4 gross profit $87.3 million, gross margin 63.1%, down 320 basis points versus Q4 2024, impacted by approximately $4.5 million of net tariff costs and deeper discounting.
  • Q4 adjusted EBITDA $7.2 million versus $14.5 million in Q4 2024; adjusted EPS loss of $0.02 versus $0.32 prior year.
  • +12 more takeaways
AIRO March 31, 2026

AIRO Group Holdings, Inc. Q4 2025 Earnings Call - Drone-led momentum, $150M backlog and U.S. manufacturing ramp set stage for 15%-25% 2026 growth

AIRO closed 2025 as a drone company first, with drones accounting for roughly 87% of revenue, U.S. manufacturing coming online, and a roughly $150 million drone backlog that management says has strong...

  • 2025 revenue was $90.9 million, with Q4 revenue of $48.3 million, up from $39.7 million in Q4 2024.
  • Drones drove the business, representing approximately 87% of total 2025 revenue; the drone segment remains the primary growth engine.
  • Drone segment backlog was reported at about $150 million as of March 31, 2026, translated to USD at market close March 27, 2026; management says it has strong visibility on a meaningful portion converting within 12 months.
  • +12 more takeaways