Earnings Call Transcripts
Access detailed transcripts and key takeaways from company earnings calls
All Earnings Calls
N-able Fourth Quarter 2025 Earnings Call - AI and Adlumin Integration Accelerate Upmarket ARR Momentum
N-able closed 2025 with $540 million in ARR and a message: AI is not theoretical, it is the growth engine. Management flagged successful integration of the Adlumin acquisition, meaningful cross-sell, ...
- Exited 2025 with $540 million in ARR, representing 12% year-over-year growth on a reported basis and 8% on a constant currency basis.
- Fourth quarter revenue was $130 million, $3 million above the high end of guidance, with subscription revenue of $129 million.
- Full-year 2025 revenue was $511 million, up ~10% reported and 9% constant currency; subscription revenue was $506 million.
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Avis Budget Group Q4 2025 Earnings Call - Americas demand shock, aggressive fleet defleeting and EV reset drove a ~$150M quarterly miss
Avis Budget Group reported a painful Q4 that missed the October outlook by roughly $150 million, driven almost entirely by the Americas. A sudden November demand whipsaw, prompted by FAA flight reduct...
- Avis reported full-year adjusted EBITDA of $748 million versus an October guide of $900 million, implying about a $150 million fourth quarter shortfall versus guidance.
- The miss was concentrated in the Americas, while international delivered a meaningful turnaround and met expectations in 2025.
- Commercial rental days in the Americas went from modestly down in October to down 11% in November after FAA reductions, air traffic control issues, and extended TSA wait times reduced discretionary travel.
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Mativ Q4 and Full Year 2025 Earnings Call - Record Free Cash Flow and Margin Expansion from Discipline
Mativ closed 2025 with modest organic revenue growth, stronger margins, and a big jump in cash generation after a year of aggressive cost, pricing, and portfolio moves. Q4 sales were $463 million, ful...
- Record free cash flow of $94 million in 2025, more than double 2024, driven by price execution, inventory reduction and expense control.
- Consolidated Adjusted EBITDA rose to $225 million for the year, Q4 Adjusted EBITDA was $53.5 million, up 19% YoY, and consolidated margins improved ~180 basis points vs prior year.
- Net sales were just under $2.0 billion for 2025, up 2.5% organically for the year, Q4 net sales of $463 million were up ~1.9% organically vs prior year.
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Appian Fourth Quarter 2025 Earnings Call - AI Traction Fuels Seven-Figure Deals, ARR Expansion and $500M Army Agreement
Appian closed 2025 with accelerating AI-driven demand, larger deals, and steadily improving profitability. Q4 cloud subscription revenue rose 18% to $117.0 million, total revenue jumped 22% to $202.9 ...
- Q4 2025 cloud subscription revenue grew 18% year-over-year to $117.0 million; total revenue grew 22% to $202.9 million.
- Full year 2025 cloud subscription revenue rose 19% to $437.4 million; full year total revenue grew 18% to $726.9 million; adjusted EBITDA for 2025 was $76.8 million.
- Appian reported Q4 adjusted EBITDA of $19.7 million, ahead of guidance of $10–$13 million, and non-GAAP net income of $11.1 million, or $0.15 per diluted share.
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Garrett Motion Q4 2025 Earnings Call - Trane partnership validates e-cooling ramp, industrial cooling to exceed 5% of revenue by 2030
Garrett closed 2025 with solid core performance and a clear strategic pivot into industrial cooling and e-powertrain technologies. Full year net sales were $3.58 billion, adjusted EBIT $510 million (1...
- Q4 2025 net sales were $891 million, adjusted EBIT $122 million, with a 13.7% margin; full year net sales $3.58 billion and adjusted EBIT $510 million, 14.2% margin.
- Adjusted free cash flow for 2025 was $403 million, implying roughly 80% free cash flow conversion for the year.
- Garrett repaid $50 million of its term loan in 2025, repurchased $208 million of common stock (including $72 million in Q4), paid $52 million in dividends, and ended the year with liquidity of $807 million.
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Praxis Precision Medicines Fourth Quarter and Full Year 2025 Earnings Call - Two NDAs Filed, Poised to Transition to a Commercial Company
Praxis closed 2025 with a fast, high-stakes pivot: two NDAs submitted—ulixacaltamide for essential tremor and relutrigine for SCN2A and SCN8A DEEs—while juggling multiple near-term readouts and launch...
- Praxis submitted two NDAs: ulixacaltamide for essential tremor and relutrigine for SCN2A and SCN8A developmental and epileptic encephalopathies (DEEs).
- Ulixacaltamide received FDA Breakthrough Therapy designation in December after positive Essential3 results that met primary and key secondary endpoints, and the NDA is now filed.
- Relutrigine NDA for SCN2A and SCN8A DEEs has been submitted; the drug has Rare Pediatric Disease Designation and could be eligible for a Pediatric Review Voucher if approved.
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Laureate Education Fourth Quarter and Fiscal Year 2025 Earnings Call - Historic 30.5% Adjusted EBITDA Margin, Net Cash and $150M Buyback Increase
Laureate closed FY2025 with strong top-line growth and margins, reporting $1.702 billion in revenue and a record adjusted EBITDA margin of 30.5% (Adjusted EBITDA $519 million). The company finished th...
- FY2025 revenue $1.702 billion, Adjusted EBITDA $519 million, delivering a record adjusted EBITDA margin of 30.5%.
- Q4 2025: revenue $541 million, Adjusted EBITDA $204 million; reported net income $172 million, GAAP EPS $1.17, adjusted net income $112 million, adjusted EPS $0.76 (up 46% YoY).
- Full-year GAAP net income $284 million, GAAP EPS $1.89; adjusted net income $256 million, adjusted EPS $1.72 (up 22% YoY).
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YETI Holdings Q4 2025 Earnings Call - Tariffs Compress Near-Term Margins, International & Innovation Drive 6%-8% 2026 Sales Guide
YETI closed 2025 with a solid Q4: $583.7 million in revenue, up 5% year-over-year, powered by a 6% lift in Drinkware and a 25% surge in international sales. Management leaned hard into the script they...
- Q4 2025 revenue $583.7 million, +5% year-over-year, YETI’s strongest quarter of the year.
- Drinkware sales $380 million, +6% year-over-year; U.S. drinkware was flat, international demand drove the gain.
- Coolers & Equipment sales $192 million, +2% year-over-year; soft coolers, bags, and cargo performed well despite supply constraints.
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Okeanis Eco Tankers Q4 2025 Earnings Call - Accretive fleet buys meet a structurally tighter crude tanker market led by Venezuelan flows and Sinokor consolidation
Okeanis Eco Tankers closed Q4 2025 riding a freight-cycle tailwind and made opportunistic, accretive moves to expand a modern, in-the-water fleet. Management reported strong quarterly earnings, a cont...
- Q4 fleet-wide time charter equivalent was about $77,000 per vessel per day, with VLCCs at $92,000 and Suezmaxes at $53,100.
- Adjusted EBITDA for Q4 was $79 million, adjusted net profit was $60 million, and adjusted EPS was $1.78 for the quarter.
- Board declared the 15th consecutive quarterly dividend of $1.55 per share, representing 102% of net income on current fully diluted share count; total distributions over the last four quarters were $3.32 per share or roughly 95% of reported net income.
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Alight Q4 2025 Earnings Call - New CEO Prioritizes Execution and AI After $803M Goodwill Hit, Suspends Dividend for Buybacks and Deleveraging
Rohit Verma, 30 working days into the job, framed Alight’s problems as an execution issue not a market one. Q4 and full-year 2025 showed soft renewals, margin pressure and a large non-cash goodwill im...
- New CEO Rohit Verma said Alight’s core issue is execution, not strategy, after 30 working days of client and employee meetings.
- Full-year 2025 revenue was $2.3 billion with adjusted EBITDA of $561 million and adjusted EBITDA margin of ~24.8%, down from $594 million and 25.2% in 2024.
- Q4 2025 revenue was $653 million; recurring revenue $607 million (down 1.6% YoY) and project revenue $46 million (down 27% YoY).
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