Earnings Call Transcripts

Access detailed transcripts and key takeaways from company earnings calls

All Earnings Calls

MANH January 27, 2026

Manhattan Associates Q4 2025 Earnings Call - Record RPO, Ramped ARR and Commercial AI Agents Set Stage for 2026 Growth

Manhattan closed 2025 with a clean finish, beating expectations on bookings, cash flow and margins while launching commercial AI agents and Agent Foundry. Management introduced a new ramped ARR disclo...

  • Q4 total revenue $270 million, up 6% year-over-year; full-year revenue $1.08 billion, up 4%.
  • Q4 cloud revenue $109 million, up 20% year-over-year; full-year cloud revenue $408 million, up 21%.
  • RPO ended Q4 at $2.2 billion, up 25% year-over-year and 7% sequentially, with competitive win rates over 70%.
  • +17 more takeaways
TXN January 27, 2026

Texas Instruments Q4 2025 Earnings Call - Above‑seasonal Q1 guide on industrial recovery and a surging data center business

Texas Instruments finished Q4 2025 at $4.4 billion of revenue, roughly in line with expectations, and walked into 2026 with a rare above‑seasonal Q1 guide. Management pins the optimism on continued in...

  • Q4 revenue $4.4 billion, down 7% sequentially, up 10% year over year; analog revenue +14% and embedded processing +8% YoY.
  • Company reorganized end markets to add a dedicated data center category; industrial, automotive, and data center made up ~75% of 2025 revenue.
  • 2025 revenue by end market: industrial $5.8B (33% of rev, +12% YoY), automotive $5.8B (33%, +6% YoY), data center $1.5B (9%, +64% YoY), personal electronics $3.7B (21%, +7% YoY), communications ~$0.5B (3%, +~20% YoY).
  • +12 more takeaways
LOGI January 27, 2026

Logitech Q3 FY2026 Earnings Call - Record margins and cash as AI and B2B momentum offset gaming softness and macro risks

Logitech delivered a noise-making quarter, not just in sales but in profitability and cash. Q3 produced record non-GAAP operating income of $312 million, a 43.5% non-GAAP gross margin, and roughly $50...

  • Non-GAAP operating income hit $312 million in Q3, a 17% year-over-year increase and record level outside pandemic peaks.
  • Non-GAAP gross margin was 43.5%, up 30 basis points year-over-year, driven by product cost reduction, targeted pricing, FX tailwinds, and surgical promotions that offset tariff headwinds.
  • Operating cash flow was approximately $500 million, up roughly 30% year-over-year, and cash on hand ended the quarter at $1.8 billion; cash conversion cycle improved to 27 days.
  • +12 more takeaways
QRVO January 27, 2026

Qorvo Third Quarter Fiscal 2026 Earnings Call - Resizing Android, Leaning Into Defense to Lift Margins

Qorvo reported a steady December quarter: revenue $993 million, non-GAAP gross margin 49.1%, and non-GAAP EPS $2.17, beating guidance while continuing a deliberate reshaping of the business. Managemen...

  • Q3 revenue $993 million, non-GAAP gross margin 49.1%, non-GAAP diluted EPS $2.17, results came in ahead of guidance.
  • Largest customer remains dominant, representing ~53% of Q3 revenue, and Qorvo expects revenue from that customer to be roughly flat in FY2027.
  • Management is intentionally exiting low-margin, mass-tier Android business, estimating an approximately $300 million revenue reduction in fiscal 2027 versus fiscal 2026.
  • +12 more takeaways
CAC January 27, 2026

Camden National Corporation Q4 2025 Earnings Call - Northway Integration and Margin Expansion Fuel Record Results, but Payoffs and an Office CRE Charge-off Merit Watch

Camden National closed 2025 with a record fourth quarter, driven by accretion from the Northway acquisition, NIM expansion and disciplined cost control. Q4 net income was $22.6 million, EPS $1.33, and...

  • Q4 2025 net income $22.6 million, diluted EPS $1.33; full-year net income $65.2 million, diluted EPS $3.84.
  • Net interest margin expanded 13 basis points sequentially to 3.29%, driving a 5% quarter-over-quarter increase in net interest income.
  • Efficiency ratio improved to 51.69% in Q4, below 52%; management views mid-50s as the sustainable efficiency range while reinvesting in growth.
  • +12 more takeaways
ARE January 27, 2026

Alexandria Real Estate Equities Fourth Quarter and Year-End 2025 Earnings Call - Aggressive dispositions to shore up balance sheet while bracing for an early-2026 occupancy dip

Alexandria spent the quarter cleaning house. Management executed $1.5 billion of Q4 dispositions, recognized $1.45 billion of impairments largely tied to land and two large projects, and set a 2026 di...

  • Company navigates a fifth consecutive year of a life science bear market, exacerbated by regulatory churn at the FDA since February 2025.
  • Q4 2025 dispositions totaled $1.5 billion across 26 transactions, and the company set a 2026 disposition and partial-sale target around $2.9 billion, with 65%-75% expected to be non-core assets and land.
  • Recognized $1.45 billion of impairments in Q4, about 50%-60% of which related to land; two large impairments at 88 Bluxome Street in SoMa and the Gateway campus in South San Francisco made up 37% of the total.
  • +12 more takeaways
RBB January 27, 2026

RBB Bancorp Q4 2025 Earnings Call - Credit Turnaround Drives Profitability, Deposit Competition Clouds Outlook

RBB closed 2025 with a clear credit inflection and steady profitability. Q4 net income was $10.2 million, or $0.59 per share, with NPLs and NPAs falling sharply after a year of active workouts. Loan o...

  • Q4 2025 net income was $10.2 million, or $0.59 diluted EPS, roughly flat sequentially and more than double Q4 2024.
  • Net interest margin was 2.99% in Q4, up 1 basis point sequentially and notably higher year over year, supported by six consecutive quarters of rising NII.
  • Loan originations were $145 million in Q4 and $713 million for 2025, a 32% increase versus 2024, with originations yielding 31 basis points over the existing loan portfolio yield.
  • +15 more takeaways
WSFS January 27, 2026

WSFS Financial Corporation Q4 2025 Earnings Call - NIM Resilient While Management Pushes Aggressive Buybacks

WSFS closed 2025 with Marching-order numbers: Q4 core EPS $1.43 and full-year core EPS $5.21, with core ROA and ROTCE holding strong. Management told investors they can absorb rate cuts and still driv...

  • Q4 core EPS of $1.43, full-year 2025 core EPS of $5.21; Q4 core EPS up 29% year over year, full-year core EPS up 19% year over year.
  • Q4 core ROA 1.42% and core return on tangible common equity 18%; full-year core ROA 1.39% and ROTCE 18%.
  • Net interest margin was 3.83% in Q4, down 8 basis points linked quarter but up 3 basis points year over year despite absorbing roughly 75 basis points of rate cuts since Q4 2024.
  • +17 more takeaways
FSBC January 27, 2026

Five Star Bancorp Fourth Quarter and Year-End 2025 Earnings Call - Robust growth and NIM lift as deposits turn core, capital and 2026 loan resets the risk

Five Star delivered an emphatic 2025: double-digit loan and deposit growth, a wider net interest margin, and margin-supporting deposit mix improvement. Management leaned on aggressive business develop...

  • Net income for 2025 was $61.6 million, EPS $2.90; Q4 net income was $17.6 million, EPS $0.83.
  • Loans held for investment grew $542.2 million, or 15% year-over-year, driven mainly by commercial real estate growth.
  • Total deposits rose $643.1 million, or 18% year-over-year, with non-wholesale deposits up $738.1 million, or 25%.
  • +16 more takeaways
HBCP January 27, 2026

Home Bancorp Q4 2025 Earnings Call - Deposit-driven runway: LTD down to 92%, NIM recovery and M&A optionality

Home Bancorp closed 2025 with a record year for shareholders, reporting Q4 net income of $11.4 million, EPS $1.46, and full-year EPS of $5.87, up 29% versus 2024. The quarter showed a mix of tidy core...

  • Q4 2025 net income was $11.4 million, or $1.46 per share; full-year 2025 net income was $46.0 million, or $5.87 per share, a record and +29% year over year in EPS.
  • Net interest margin was 4.06% in Q4, full-year NIM 4.03%, up 32 basis points year over year; management expects NIM to tick back up to roughly 4.10%–4.15% in 2026.
  • Loan growth in Q4 was $38 million (about a 6% annualized rate); management expects 2026 loan growth to be mid-single digits assuming payoffs slow.
  • +12 more takeaways