Earnings Call Transcripts
Access detailed transcripts and key takeaways from company earnings calls
All Earnings Calls
Virgin Galactic Q4 2025 Earnings Call - First spaceship assembled; commercial service on track for Q4 2026 with sales reopened at $750,000
Virgin Galactic reported material progress on its next-generation spaceship: structural assembly is essentially complete, ground testing starts in April, flight testing is on track for Q3, and the com...
- Structural assembly of the first new spaceship is complete; joining of wing, fuselage, and Bell Textron feather is finishing and weight-on-wheels is expected in the next few weeks.
- Ground testing (production acceptance testing and integrated vehicle ground testing) will begin in April; IVGT expected to wrap in July prior to transport to Spaceport America for flight testing.
- Flight test program is on track to start in Q3 2026, with a partial rocket burn test followed by full-duration burn flights, and the full flight test program extending into Q4 2026.
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Phreesia Q4 FY2026 Earnings Call - Network Solutions visibility trims revenue guide, EBITDA held on AI efficiencies and AccessOne momentum
Phreesia closed FY2026 with clear margin wins and new financial milestones, but the company is downgrading top-line guidance after softer, more variable spend from certain pharmaceutical customers in ...
- Q4 revenue was $127.1 million, up 16% year over year; excluding the AccessOne acquisition, revenue grew 7% YoY.
- Phreesia reported Q4 Adjusted EBITDA of $29.4 million, a 23% margin for the quarter.
- For the full fiscal year, Phreesia surpassed $100 million in Adjusted EBITDA and more than $50 million in free cash flow, and delivered positive GAAP net income for a full fiscal year for the first time.
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Progress Software Q1 2026 Earnings Call - AI-Driven Growth, Record Cash Flow, ShareFile Normalization
Progress delivered a tidy start to fiscal 2026: revenue $248 million, up 4% year over year, ARR roughly $863 million pro forma, up 2%, and EPS $1.60, up 22%. Net retention held at 99% and operating ma...
- Q1 revenue $248 million, up 4% year over year, EPS $1.60, up 22%, operating margin above 41%.
- ARR approximately $863 million pro forma, up 2% year over year; Net Revenue Retention 99%, target is 100%.
- Adjusted free cash flow $99 million, unlevered free cash flow $111 million; record cash generation driven by improved collections.
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Fathom Holdings Inc. Q4 2025 Earnings Call - Structural pricing and ancillary businesses reshaping unit economics
Fathom says 2025 was a year of structural fix, not a weather vane. Revenue climbed 25% to $420.5 million for the year, driven by the My Home Group acquisition and fast-growing ancillary services, but ...
- Full-year 2025 revenue rose 25.4% to $420.5 million, driven largely by the November 2024 acquisition of My Home Group and growth in ancillary services.
- Fourth quarter 2025 revenue declined slightly to $90.6 million, down 1.2% year-over-year, with brokerage revenue down about 3.2% due to softer transaction activity.
- Real estate transactions fell 14.2% year-over-year in Q4 to approximately 8,501 closed transactions; full-year transactions were 42,405, a 14.6% increase driven by the acquisition.
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Lulus Fashion Lounge Q4 2025 Earnings Call - Margin-first turnaround with consecutive positive Adjusted EBITDA and wholesale acceleration
Lulus closed 2025 having reset the cost base and sharpened the assortment, trading top-line pain for a cleaner, more profitable model. Q4 delivered the company’s strongest fourth quarter gross margin ...
- Q4 net revenue was $63.0 million, down 5% year-over-year; full-year 2025 net revenue was $282.3 million, down 11% versus 2024.
- Total orders placed declined 11% in Q4 and 15% for the full year, partially offset by higher average order value, which rose 6% in Q4 and 2% for the year.
- Gross margin expanded to 44.3% in Q4, up 640 basis points year-over-year, the highest fourth quarter gross margin since 2021; full-year gross margin rose to 43.2%, up 200 basis points.
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ARKO Petroleum Corp. Fourth Quarter 2025 Earnings Call - IPO Deleveraging and Dealerization Prime M&A Push, 2026 EBITDA Target $156M
ARKO wrapped its first public quarter by using IPO proceeds to cut debt and widen optionality, while leaning into dealerization and fleet fueling to lift margins. Q4 adjusted EBITDA ticked up 4% to $3...
- IPO deployed to strengthen balance sheet and reduce debt, using $206.7 million of net proceeds to pay down liabilities and improve liquidity.
- After IPO adjustments, net debt was ~$319.9 million and net debt to adjusted EBITDA fell to roughly 2.2x, management says it is comfortable with current leverage.
- Q4 2025 adjusted EBITDA was $36.9 million, up about 4% versus Q4 2024; full year adjusted EBITDA was $143.5 million versus $139.2 million in 2024.
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zSpace Q4 & FY2025 Earnings Call - Software mix drove margin expansion while cash fell to $1M and a deep restructuring aims for 2026 breakeven
zSpace closed 2025 with a familiar but ugly combo, top-line pressure and improving unit economics. Revenue fell to $27.9 million for the year, down 27%, and Q4 revenue plunged 43% year-over-year to $4...
- Full-year 2025 revenue was $27.9 million, down 27% year-over-year.
- Q4 2025 revenue declined 43% year-over-year to $4.8 million, affected by a freeze in orders and shipments during the U.S. federal government shutdown.
- Software and services comprised 49% of FY revenue and 57% of Q4 revenue, the fourth quarter mix shift driving meaningful margin improvement.
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Beeline Holdings Q4 2025 Earnings Call - BeelineEquity debuts as capital-light, fee-driven growth engine
Beeline closed 2025 with clear top-line momentum and a strategic pivot. Q4 revenues rose to $2.5 million, up 127% year-over-year, driven by stronger originations, higher revenue per loan and expanded ...
- BeelineEquity launched in Q4 2025 with initial closings alongside partner TYTL, positioned as a capital-light, fee-driven product that does not assume principal risk.
- BeelineEquity fees are 3.5% per transaction for Beeline, plus title revenue, creating a transaction-based revenue stream independent of interest rate spreads.
- Q4 2025 total net revenues were $2.5 million, up 127% year-over-year and up 8.3% sequentially.
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CVD Equipment Corporation Q4 2025 Earnings Call - Sale of SDC to Atlas Copco, cost cuts and outsourcing to shore up the core CVD business
CVD Equipment disclosed a defensive reset. Management is executing a transformation to cut fixed costs, outsource some fabrication, and lean on distributors while selling its SDC business to Atlas Cop...
- CVD entered a definitive agreement to sell its SDC business to Atlas Copco for approximately $16.9 million in cash, subject to adjustments, expected to close in Q2 2026.
- Net cash proceeds from the SDC sale are expected to be approximately $15 million, with about $900,000 held in escrow for post-closing adjustments and indemnities; company intends to invest proceeds initially in U.S. Treasuries.
- The company is executing a transformation plan announced in Q4 to reduce fixed operating costs, transition certain fabrication to outsourced suppliers, and make the organization more agile.
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Solana Company Q4 2025 Earnings Call - Staking Outperformance, 14% SOL-per-Share Gain, and a $526M Warrant Windfall
Solana Company says the post-PIPE pivot to an active digital asset treasury is delivering measurable results. Management highlights staking outperformance versus system averages, strategic partnership...
- Company closed a $500+ million PIPE in September 2025 and says that transaction launched a new, active digital asset treasury strategy.
- Management frames the business around three pillars: capital markets, asset management (core accumulation and staking of SOL), and marketing/partnerships, especially in Asia-Pacific.
- As of December 31, 2025 Solana Company held 2.36 million SOL and $7 million in cash/stablecoins; as of March 27, 2026 the company held 2.33 million SOL.
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