Earnings Call Transcripts

Access detailed transcripts and key takeaways from company earnings calls

All Earnings Calls

LIF March 2, 2026

Life360 Q4 2025 Earnings Call - Nativo And Pet GPS Position Life360 For AI-Driven, Multi-Engine Growth

Life360 closed 2025 with clear momentum, reporting $489.5 million in revenue, 95 million MAUs, 2.8 million Paying Circles, and Adjusted EBITDA of $93.2 million. Management frames 2026 as a year of del...

  • Full-year 2025 revenue was $489.5 million, up 32% year-over-year, with Adjusted EBITDA of $93.2 million and gross margin expanding to 78%.
  • Q4 2025 revenue was $146 million, up 26% YoY; subscription revenue in Q4 was $102.5 million, up 30% YoY. Other revenue (advertising and data) in Q4 jumped 86% to $24.2 million.
  • Monthly active users ended 2025 at 95 million, with 2.8 million Paying Circles (paid subscriptions). Management targets 20% MAU growth for full-year 2026, with growth weighted to the second half.
  • +12 more takeaways
CRDO March 2, 2026

Credo Technology Q3 Fiscal 2026 Earnings Call - ZeroFlap optics pulled into early FY27 as AEC and IC ramps drive record revenue and margins

Credo reported a blowout Q3 with $407 million of revenue, up 52% sequentially and more than triple year over year, and delivered industry-leading non-GAAP margins and cash generation. Management says ...

  • Q3 revenue $407 million, up 52% sequentially and more than 200% year over year, at the high end of revised guidance.
  • Q3 non-GAAP gross margin 68.6%, above guidance, with non-GAAP net income $208.8 million and non-GAAP operating income $201.8 million.
  • Company reported non-GAAP net margin of 51.3% and non-GAAP operating margin of 49.6% in Q3, showing substantial operating leverage.
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INGM March 2, 2026

Ingram Micro Q4 2025 Earnings Call - Xvantage-fueled AI push fuels record cash but keeps margins under pressure

Ingram Micro closed fiscal 2025 with headline numbers that look good and a balance sheet that now looks cleaner. Revenue accelerated, advanced solutions and cloud are growing, and the newly scaled Xva...

  • Q4 net sales grew 11.5% year-over-year to $14.88 billion; full-year 2025 net sales were $52.6 billion, up 9.5% from 2024.
  • Adjusted non-GAAP EPS for Q4 was $0.96, above the high end of guidance; FY non-GAAP diluted EPS was $2.90.
  • Adjusted free cash flow hit $1.63 billion in Q4, the highest quarterly level in more than a decade, and full-year adjusted free cash flow was $1.10 billion.
  • +12 more takeaways
OUST March 2, 2026

Ouster Q4 2025 Earnings Call - Stereolabs Buy Turns Lidar Maker into Unified Physical AI Platform, but Q4 Margins Fueled by One-Time Royalties

Ouster closed Q4 2025 with strong top-line and operational headlines, reporting $62 million in revenue, record shipments of over 8,100 sensors, and GAAP gross margin of 60% for the quarter. The quarte...

  • Q4 2025 revenue was $62.0 million, including $41.0 million of product revenue, marking the twelfth straight quarter of product revenue growth.
  • Quarterly shipments hit a record with over 8,100 sensors shipped; full year 2025 shipments exceeded 25,000, up 48% year-over-year.
  • Ouster recorded approximately $21 million of predominantly one-time royalty revenue in Q4, which increased GAAP gross margin by about 20 percentage points in the quarter.
  • +12 more takeaways
NUVB March 2, 2026

Nuvation Bio Q4 2025 Earnings Call - IBTROZI Gains Rapid Uptake but Revenue Lags as Mix Skews Late-line

Nuvation Bio leans into a breakout year for IBTROZI while investors squint at the mismatch between patient starts and near-term revenue. The drug achieved full U.S. approval in June and delivered 432 ...

  • IBTROZI launched quickly: 432 new patient starts in 2025, including 216 in Q4, and prescribing velocity is ~6x faster than two prior ROS1 TKI launches over their first two post-approval quarters per IQVIA.
  • Revenue vs starts disconnect driven by mix: Q4 product revenue for IBTROZI was $15.7 million and full-year IBTROZI U.S. net product revenue was $24.7 million, while many new starts have been third-line plus patients who discontinue quickly.
  • Company-level revenue and milestones: total revenue in Q4 was $41.9 million and total 2025 revenue was $62.9 million, which included a ~$25 million milestone tied to Japan reimbursement and early royalty streams from Asia partners.
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DAVE March 2, 2026

Dave Q4 2025 Earnings Call - CashAI v5.5 Drives Record Margins and Tightens Credit, Setting Up $300M Buyback

Dave closed 2025 with a tidy one two punch, revenue up 60% to $554 million and Adjusted EBITDA exploding to $227 million, roughly a 41% margin. Management credits CashAI v5.5, a higher subscription mi...

  • Revenue for full year 2025 grew 60% to $554.2 million; Q4 revenue was $163.7 million, up 62% year-over-year.
  • Adjusted EBITDA for full year 2025 was $226.7 million at about a 41% margin, up 162% year-over-year; Q4 Adjusted EBITDA was $72.3 million, a 45% margin.
  • Management reported an 86% flow-through of top-line outperformance to EBITDA for the year, signaling strong operating leverage.
  • +13 more takeaways
ACHR March 2, 2026

Archer Aviation Q4 '25 Earnings Call - FAA Accepts 100% of Midnight Means of Compliance, Piloted VTOL Campaign and UAE Launch Next

Archer opened the door on a busy 2026. The company reported completing 100% of Midnight's means of compliance with the FAA, begun a piloted VTOL flight campaign, and plans to start Type Inspection Aut...

  • Archer says the FAA has accepted 100% of Midnight’s means of compliance, a milestone the company frames as unlocking the next certification phase.
  • Piloted VTOL flight test campaign for Midnight has begun, with plans to expand the piloted fleet and flight envelope through 2026.
  • Archer expects Type Inspection Authorization activities with the FAA to begin as soon as this year, moving toward full certification and commercial operations.
  • +12 more takeaways
ASAN March 2, 2026

Asana Q4 FY2026 Earnings Call - AI platform momentum powers ARR expansion and margin lift

Asana closed FY26 with steady revenue growth, meaningful margin expansion, and clear proof points that its AI strategy is moving from experiment to enterprise product. Q4 results showed $205.6 million...

  • Q4 revenue was $205.6 million, up 9% year-over-year.
  • Non-GAAP operating income for Q4 was $18.2 million, a 9% operating margin, reflecting disciplined cost reallocation.
  • Adjusted free cash flow in Q4 was $25.7 million, or 13% of revenue.
  • +12 more takeaways
PLUG March 2, 2026

Plug Power Q4 2025 Earnings Call - Margin Inflection, Targeting Positive EBITDA in Q4 2026

New CEO Jose Luis Crespo opened his tenure by framing 2025 as a structural turning point. The company reported roughly 30% revenue growth for the year and swung Q4 gross margin from negative 122.5% a ...

  • This was Jose Luis Crespo’s first earnings call as CEO, with a mandate to convert market leadership into sustained profitable growth.
  • Plug reports approximately 30% revenue growth in 2025 versus 2024.
  • Q4 2025 gross margin improved to positive 2.4%, a 125 percentage point swing from negative 122.5% in Q4 2024.
  • +13 more takeaways
TREE March 2, 2026

LendingTree Inc. Q4 2025 Earnings Call - Insurance Strength and AI Gains Propel Record Results Despite Mortgage Headwinds

LendingTree closed 2025 with a strong finish: total VMD rose 14% and adjusted EBITDA grew 28%, driven by broad-based strength in insurance, consumer products and SMB. Management says insurance deliver...

  • Q4 2025 VMD up 14% year-over-year, adjusted EBITDA up 28% year-over-year.
  • Insurance VMD was $174 million in 2025, a 10% increase versus prior year, finishing Q4 at record levels and carrying momentum into early 2026.
  • Carriers beyond the top three drove outsized growth: insurers ranked 4 through 10 grew revenue with LendingTree by 65% in 2025, signaling broader participation.
  • +12 more takeaways