1,024 material Form 8-K filings that 799 companies we cover made with the SEC in August 2025, each read and summarized by AI: what happened, the key figures, whether it reads positive or negative for shareholders, and how big a deal it is (impact 1-5). All of them were written later, when past filings were added: a selection, not every 8-K of the month (see the note below).
Brown & Brown closed its acquisition of RSC Topco, the holding company for Accession Risk Management Group, on August 1, 2025, for an aggregate purchase price of $9.825 billion, subject to post-closing adjustments. Approximately $4.7 billion of the net merger consideration went to RSC equityholders, paid as about $3.5 billion in cash and about $1.2 billion in newly issued Brown & Brown common stock. The deal is a large acquisition, and the new shares are subject to multi-year lock-up restrictions.
Acquisition closed August 1, 2025, with an aggregate purchase price of $9.825 billion, subject to customary post-closing adjustments
Net merger consideration of approximately $4.7 billion: about $3.5 billion in cash and about $1.2 billion in common stock
Stock consideration was priced using the $110.57 per share closing price on June 6, 2025, and was issued in an unregistered private placement
Some recipients agreed to a five-year lock-up, with 20% of shares released on the second, third and fourth anniversaries and 40% on the fifth; financial statements and pro forma information will be filed by amendment
Southside Bancshares said Chief Operating Officer Brian K. McCabe will retire effective November 14, 2025, after working at the bank in operational roles since 1983 and as COO since 2017. The company expects to appoint Mitchell Craddock, currently Executive Vice President and Associate Chief Operations Officer, as COO before McCabe's retirement date.
Brian K. McCabe notified the company on August 4, 2025 of his decision to retire, effective November 14, 2025
McCabe has been COO since 2017 and has worked at the bank since 1983; he remains an advisory director of the bank
Mitchell Craddock, 45, joined the bank in August 2024 and previously spent 2011 to 2024 at digital banking firm Q2
The board anticipates appointing Craddock as COO prior to November 14, 2025
NW Natural Holdings reported a second-quarter 2025 net loss of $2.5 million, or $0.06 per share, compared with a $2.8 million loss, or $0.07 per share, a year earlier, and adjusted net income of $0.3 million, or $0.01 per share. For the first six months of 2025, net income rose to $85.4 million, or $2.11 per share, from $61.0 million, or $1.60 per share, and the company reaffirmed 2025 adjusted EPS guidance of $2.75 to $2.95 while updating GAAP EPS guidance to $2.60 to $2.80. The results point to improving profitability for shareholders, although the company still recorded a GAAP loss for the quarter.
Second-quarter net loss of $2.5 million ($0.06 per share) vs. $2.8 million ($0.07 per share) in Q2 2024; adjusted EPS of $0.01
First-half net income of $85.4 million ($2.11 per share) vs. $61.0 million ($1.60 per share) in the first half of 2024
2025 adjusted EPS guidance of $2.75 to $2.95 reaffirmed; GAAP EPS guidance updated to $2.60 to $2.80
Quarterly dividend of $0.49 per share declared, payable Aug. 15, 2025 to holders of record on July 31, 2025
CorVel reported results for the quarter ended June 30, 2025, with revenue of $235 million, up from $212 million a year earlier, and diluted earnings per share of $0.52, up from $0.42. The company also said it completed, in July, the acquisition of assets and key talent from a privately held technology firm to strengthen its CERIS group health division; the filing does not state the purchase price.
Revenue rose 11% to $235 million, versus $212 million in the June quarter of 2024.
Diluted EPS rose 24% to $0.52 from $0.42, adjusted for the three-for-one stock split paid December 24, 2024.
Gross profit rose 18% to $56.8 million, at a 24% gross margin, versus $48.2 million a year earlier.
Cash was $202 million with no borrowings at quarter end; the company repurchased $9.6 million of common stock during the quarter.
HCM III Acquisition Corp. closed its initial public offering of 25,300,000 units at $10.00 per unit on August 4, 2025, including the full exercise of the underwriter's over-allotment option, for gross proceeds of $253,000,000. The company is a blank check company that has not yet completed a business combination, and the IPO proceeds are held in a trust account that is released only under the conditions described in the filing, including completion of an initial business combination or failure to complete one within 24 months of the IPO closing.
25,300,000 units sold at $10.00 each, including 3,300,000 units from the full over-allotment exercise
$253,000,000 of IPO proceeds placed in a U.S.-based trust account maintained by Continental Stock Transfer & Trust Company
Concurrent private sale of 4,266,667 warrants at $1.50 each, for gross proceeds of $6,400,000
If no business combination is completed, public shares must be redeemed within 24 months from the IPO closing
Standex reported fiscal fourth-quarter 2025 results for the period ended June 30, 2025. Sales rose 23.2% year over year to $222.0 million, and adjusted EPS rose 20.6% to $2.28, while GAAP diluted EPS fell 25.9% to $1.23 from $1.66, reflecting higher amortization and acquisition-related costs tied to recent acquisitions. The company expects fiscal 2026 revenue to grow by more than $100 million.
Q4 FY25 net sales were $222.0 million, up from $180.2 million a year earlier, with the Amran/Narayan Group acquisition a major contributor.
GAAP diluted EPS was $1.23 versus $1.66 a year earlier; adjusted diluted EPS was $2.28 versus $1.89.
Adjusted operating margin was 20.6%, up 350 basis points year over year; GAAP operating margin was 15.6%.
For fiscal 2026, the company expects revenue to grow by over $100 million and fast growth market sales to exceed $265 million.
Leidos reported second-quarter fiscal 2025 revenue of $4.3 billion, up 3% from a year earlier, and net income of $393 million, or $3.01 per diluted share, up 27% in EPS. The company raised its full-year 2025 guidance for revenue, adjusted EBITDA margin, non-GAAP diluted EPS and operating cash flow, which is a positive signal for shareholders.
Q2 revenue of $4,253 million versus $4,132 million a year earlier; diluted EPS $3.01 versus $2.37
Non-GAAP diluted EPS of $3.21, up 22%; included a $25 million insurance reimbursement for prior-period legal costs
FY25 non-GAAP diluted EPS guidance raised to $11.15-$11.45 from $10.35-$10.75
Quarterly dividend of $0.40 per share declared August 1, 2025, payable September 30, 2025
Archrock reported second-quarter 2025 revenue of $383.2 million, up from $270.5 million a year earlier, and net income of $63.4 million, or $0.36 per share, compared with $34.4 million and $0.22 in the second quarter of 2024. The company also raised its full-year 2025 adjusted EBITDA guidance, citing continued outperformance, which signals higher expected earnings for shareholders.
Q2 2025 adjusted EBITDA was $212.7 million, compared with $129.7 million in Q2 2024.
Q2 2025 adjusted EPS was $0.39, compared with $0.23 in Q2 2024.
The quarterly dividend was $0.21 per share, about 27% higher than Q2 2024, with dividend coverage of 3.4x.
Archrock repurchased 1,226,954 shares for about $28.8 million in Q2 and had $58.9 million of repurchase capacity left as of June 30, 2025.
Banner Corporation's Board of Directors granted its Chief Operating Officer and Chief Risk Officer James M. Costa a restricted stock unit award valued at $300,000, effective August 1, 2025, after performance criteria tied to his May 2024 promotion were met in May 2025. The award vests in three equal annual installments, so it gives Mr. Costa a longer-term stake in the company.
Board approved the $300,000 restricted stock unit award on July 22, 2025, effective August 1, 2025
Mr. Costa was promoted to Chief Operating Officer of Banner Bank in May 2024 and also holds the Chief Risk Officer role
Award vests one-third each on the first three anniversaries of the grant date
JBT Marel reported second quarter 2025 revenue of $935 million, up from $402 million a year earlier, after the Marel transaction closed at the beginning of 2025. Income from continuing operations fell to $3 million, or $0.07 diluted EPS, from $31 million a year earlier, and the company re-established full year 2025 guidance, including revenue of $3,675 million to $3,725 million and adjusted EPS of $5.45 to $6.15.
Q2 2025 revenue was $935 million versus $402 million in Q2 2024; adjusted EBITDA was $156 million versus $64 million.
Income from continuing operations was $3 million ($0.07 diluted EPS) versus $31 million ($0.95 diluted EPS) a year earlier; adjusted EPS was $1.49.
Full year 2025 guidance: revenue $3,675 million to $3,725 million, GAAP EPS ($1.90) to ($1.20), adjusted EPS $5.45 to $6.15.
The filing cites an $11 million loss on investment from a joint-venture impairment and $20 million in M&A related costs in the quarter.
UDR, Inc. disclosed that director Clint D. McDonnough decided to immediately retire and resign from its board, effective with his July 31, 2025 notice. The filing says the departure was not due to any disagreement with the company, and the board reduced its size from nine to eight members. This is an administrative board change with no stated effect on financial results.
Clint D. McDonnough advised the board on July 31, 2025 of his immediate retirement and resignation as a director.
The filing states the resignation was not the result of any disagreement with the company on operations, policies, or practices.
The board reduced its size from nine members to eight members.
McDonnough had served as a director since 2016 and was previously Chair of the Audit and Risk Management Committee for five years.
First Commonwealth Financial disclosed that Chief Revenue Officer Jane Grebenc intends to retire in the first quarter of 2026, and that Michael P. McCuen was promoted to Chief Banking Officer. The changes concern senior revenue and banking leadership, and the filing does not include financial results or other financial figures.
Jane Grebenc, EVP and Chief Revenue Officer and President of First Commonwealth Bank, notified the company on August 1, 2025 that she intends to retire in the first quarter of 2026.
Michael P. McCuen, EVP and Chief Lending Officer, was promoted to Chief Banking Officer on August 4, 2025.
The filing contains no financial results, guidance or compensation figures.
Cabot reported fiscal third-quarter 2025 results with diluted EPS of $1.86 and adjusted EPS of $1.90, both below the prior-year quarter, while net sales fell to $923 million from $1.016 billion. The company reaffirmed its fiscal 2025 adjusted EPS guidance of $7.15 to $7.50 but said that at current demand levels it expects to land in the middle to lower end of that range.
Diluted EPS was $1.86 versus $1.94 a year earlier; adjusted EPS was $1.90 versus $1.92, a 1% decrease
Net sales and other operating revenues were $923 million versus $1,016 million; net income attributable to Cabot was $101 million versus $109 million
Reinforcement Materials segment EBIT fell 6% to $128 million; Performance Chemicals segment EBIT rose 4% to $57 million
Fiscal 2025 adjusted EPS guidance of $7.15 to $7.50 was reaffirmed; management cited tariff uncertainty and weaker demand
Kyndryl reported first-quarter fiscal 2026 results for the quarter ended June 30, 2025, with revenue of $3.74 billion, up slightly on a reported basis and down 2.6% in constant currency. Net income rose to $56 million, or $0.23 per diluted share, from $11 million, or $0.05, a year earlier, and the company reaffirmed its fiscal 2026 outlook for revenue, earnings and free cash flow.
Revenue of $3.74 billion was up slightly year-over-year as reported and down 2.6% in constant currency
Net income was $56 million ($0.23 per diluted share) versus $11 million ($0.05) a year earlier; adjusted EPS was $0.37 versus $0.13
Free cash flow was a use of $222 million in the quarter, which the company attributed to typical seasonal outflows
Fiscal 2026 outlook reaffirmed, including adjusted pretax income of at least $725 million and free cash flow of approximately $550 million
MSA Safety reported second quarter 2025 results on August 4, 2025. Net sales rose 3% to $474 million but were flat on an organic basis, while GAAP net income fell 13% to $63 million and diluted EPS fell to $1.59 from $1.83. The company maintained its low-single-digit full-year organic sales growth outlook for 2025, citing macroeconomic risk and the timing of NFPA approval for its next-generation SCBA.
Q2 net sales $474 million, up 3% GAAP and flat organic, versus $462 million a year earlier
GAAP operating income $86 million (18.1% of sales) versus $100 million; GAAP diluted EPS $1.59 versus $1.83
Adjusted diluted EPS $1.93 versus $2.01; 2025 organic sales growth outlook maintained at low single digits
Acquired M&C TechGroup in a transaction valued at $188 million, net of cash acquired
Atlas Energy Solutions reported second-quarter 2025 revenue of $288.7 million, down 3.0% from the first quarter, and a net loss of $5.6 million, compared with net income of $1.2 million in the prior quarter. The company expects a modest decline in both consolidated revenue and Adjusted EBITDA in the third quarter, which weighs on the outlook for shareholders, though the quarterly dividend of $0.25 per share was maintained.
Q2 2025 revenue was $288.7 million, versus $297.6 million in Q1 2025 and $287.5 million in Q2 2024.
Net loss was $5.6 million, or $(0.04) per share, compared with net income of $1.2 million in Q1 2025.
Adjusted EBITDA was $70.5 million, down from $74.3 million in Q1 2025.
Third-quarter guidance calls for a modest decline in consolidated revenue and Adjusted EBITDA, with higher proppant volume offset by lower average prices and short-fall payments.
Mettler-Toledo's board appointed Pablo Perversi, President of Europe at Danone, as an independent director effective November 6, 2025, and increased the board from eight to nine directors. The board has not yet decided his committee assignments, and the company announced the appointment in an August 4, 2025 press release. The filing covers board composition only and includes no financial results or guidance.
Board appointed Pablo Perversi on July 31, 2025; his directorship takes effect November 6, 2025
Board size rises from eight to nine directors, effective November 6, 2025
Perversi was previously Chief Innovation, Quality, and Sustainability Officer at Barry Callebaut and held roles at Unilever from 1993 to 2017
Board has not yet determined Perversi's committee assignments
Vornado Realty Trust reported second-quarter 2025 results on August 4, 2025. GAAP net income attributable to common shareholders rose to $743.8 million, or $3.70 per diluted share, from $35.3 million, or $0.18, a year earlier, mainly due to an $803.2 million gain tied to the 770 Broadway master lease with NYU. Revenues fell to $441.4 million from $450.3 million, and FFO as adjusted was $0.56 per diluted share versus $0.57 a year earlier, so the one-time gain drives the headline profit increase while core operating measures were flat to lower.
Net income attributable to common shareholders: $743.8 million, or $3.70 per diluted share, for the quarter ended June 30, 2025, versus $35.3 million, or $0.18, a year earlier
The increase is primarily due to the $803.2 million gain from the 770 Broadway master lease with NYU, completed May 5, 2025
FFO as adjusted was $113.3 million, or $0.56 per diluted share, versus $112.8 million, or $0.57, in Q2 2024; revenues were $441.4 million versus $450.3 million
Q2 earnings conference call scheduled for Tuesday, August 5, 2025 at 10:00 a.m. ET
BWX Technologies reported second quarter 2025 revenue of $764.0 million, up 12% from a year earlier, and GAAP diluted EPS of $0.85, up from $0.79. The company raised its 2025 guidance for revenue, adjusted EBITDA, non-GAAP EPS and free cash flow, citing strong year-to-date results and bookings, which supports the outlook for shareholders.
Q2 2025 revenue $764.0 million, up 12%; Government Operations $589.0 million, Commercial Operations $176.1 million
GAAP diluted EPS $0.85 vs. $0.79 a year earlier; non-GAAP EPS $1.02 vs. $0.82
Raised 2025 guidance: revenue to about $3,100 million from about $3,000 million; non-GAAP EPS to $3.65-$3.75 from $3.40-$3.55
Record backlog of $6.0 billion, up 70.2% year-over-year; Kinectrics acquisition closed May 20, 2025
Centene director Wayne S. DeVeydt resigned effective immediately, notifying the company on August 1, 2025. The company said the resignation did not stem from any dispute or disagreement with Centene or its board on operations, policies or practices. The board reduced its size to ten directors as a result.
Wayne S. DeVeydt notified Centene of his resignation on August 1, 2025, effective immediately
The filing states the resignation was not due to any dispute or disagreement on company operations, policies or practices
Board size reduced from its prior level to ten directors effective with the resignation
Tidewater reported second-quarter 2025 revenue of $341.4 million and net income of $72.9 million, or $1.46 per diluted share, compared with $50.4 million, or $0.94 per share, a year earlier. The net income includes a one-time, non-cash $27.0 million increase from reversing a valuation allowance on U.S. net operating losses, and the company reiterated its 2025 revenue and gross margin guidance. The Board also approved a share repurchase program of up to $500.0 million, which the company may modify, suspend or discontinue at any time.
Q2 2025 revenue of $341.4 million, up 0.6% from $339.2 million in Q2 2024.
Net income attributable to Tidewater of $72.9 million ($1.46 diluted per share), versus $50.4 million ($0.94) a year earlier, including a one-time, non-cash $27.0 million benefit.
Board authorized a share repurchase program of up to $500.0 million; the company is not obligated to buy any specific number of shares.
2025 revenue guidance of $1.32 billion to $1.38 billion and gross margin guidance of 48% to 50% were reiterated.
Centerspace reported a second-quarter 2025 net loss of $0.87 per diluted share, compared with $0.19 a year earlier, after a $14.5 million real estate impairment. Revenue rose 5.4% to $68.5 million and Core FFO per diluted share edged up to $1.28 from $1.27, but the company narrowed and lowered its 2025 FFO per diluted share outlook to $4.70 to $4.83 from $4.73 to $4.97. The Board also authorized a share repurchase program of up to $100 million through July 31, 2026.
Q2 2025 net loss was $0.87 per diluted share versus $0.19 in Q2 2024; six-month net loss was $1.09 versus $0.56.
Core FFO was $1.28 per diluted share versus $1.27; same-store NOI rose 2.9% year over year.
2025 FFO per diluted share outlook is $4.70 to $4.83, down from $4.73 to $4.97; Core FFO outlook is $4.88 to $5.00, down from $4.86 to $5.10.
Repurchase program of up to $100 million of common shares was effective July 31, 2025, with no obligation to buy any specific number of shares.
Crown Castle appointed Christian Hillabrant, former CEO of Vantage Towers AG, as President and CEO, effective September 15, 2025, replacing Interim CEO Daniel Schlanger, who will become Chief Transformation Officer. The filing also sets out a compensation package including a $1,000,000 base salary and make-whole awards, and it does not report any financial results.
Hillabrant starts as CEO on an expected September 15, 2025, and is expected to join the Board at that time.
Base salary for 2025 is $1,000,000, prorated from the start date; one-time make-whole bonus of $800,000 and make-whole RSUs of about $7,000,000.
Target annual incentive is 200% of base salary; 2025 annual RSUs of about $5,250,000, with a $10,500,000 target grant value expected for 2026.
Schlanger will oversee completion of the sale of the small cells and fiber solutions businesses, expected to close in the first half of 2026.
HealthStream reported second-quarter 2025 revenue of $74.4 million, up 4.0% and a company record, with net income of $5.4 million, up 29.3%, and diluted EPS of $0.18 versus $0.14 a year earlier. The company raised its 2025 net income guidance to $19.5 million-$22.4 million from $18.6 million-$21.0 million, and the board declared a $0.031 quarterly dividend.
Q2 2025 revenue was $74.4 million, up from $71.6 million in Q2 2024, a company record for quarterly revenue.
Q2 2025 net income was $5.4 million and diluted EPS was $0.18, compared with $4.2 million and $0.14 in Q2 2024.
Full-year 2025 net income guidance was raised to $19.5 million-$22.4 million from $18.6 million-$21.0 million; revenue guidance is $297.5 million-$303.5 million.
The board declared a $0.031 per share dividend payable August 29, 2025, to holders of record on August 18, 2025; the $25.0 million buyback program was completed in July.
New Jersey Resources reported a fiscal third-quarter GAAP net loss of $15.1 million, or $(0.15) per share, wider than the $11.6 million loss a year earlier. Its non-GAAP net financial earnings (NFE) turned positive at $6.2 million, or $0.06 per share, and the company raised the low end of its fiscal 2025 NFE per share guidance by $0.05, to $3.20 to $3.30.
Q3 GAAP net loss of $15.1 million, or $(0.15) per share, versus a net loss of $11.6 million, or $(0.12) per share, in Q3 fiscal 2024
Q3 net financial earnings of $6.2 million, or $0.06 per share, versus a net financial loss of $8.9 million, or $(0.09) per share, a year earlier
Fiscal 2025 NFE per share guidance low end raised $0.05, from $3.15 to $3.30 to $3.20 to $3.30
Q3 total operating revenues of $298.9 million, up from $275.6 million; nine-month net income of $320.6 million, or $3.20 per share
Aon plc appointed Jo Ann Jenkins as a director effective August 15, 2025, expanding the board to thirteen members. She will also join the Audit Committee on the same date, and the board determined she is independent under NYSE and SEC standards.
Board increased to thirteen members on August 1, 2025, and Jenkins appointed a director effective August 15, 2025
Jenkins joins the Audit Committee effective August 15, 2025
Jenkins was CEO of AARP from 2014 until her retirement in 2024; she also serves on the boards of General Mills and Avnet
She will receive prorated non-management director compensation and a standard director indemnity agreement
Lennar's Chief Operating Officer Fred Rothman and General Counsel Mark Sustana will both retire effective September 2, 2025. Katherine Lee Martin, formerly General Counsel at Hertz, will become Chief Legal Officer on that date, and Lennar does not plan to replace Mr. Rothman. The filing contains no financial results, so the change is a leadership transition with no stated effect on earnings.
Fred Rothman, COO since January 2019, retires effective September 2, 2025 and will continue as a consultant; Lennar does not plan to replace him
Mark Sustana, Vice President and General Counsel, retires effective September 2, 2025 and will consult for an initial two-year term starting September 3, 2025
Sustana's consulting fee is $110,000 per month during the term and $50,000 per month during any additional term
Katherine Lee Martin becomes Chief Legal Officer and Corporate Secretary on September 2, 2025
Benchmark Electronics said it appointed Charles "Chuck" Swoboda as an independent director effective immediately. Swoboda previously served as Chairman and CEO of Cree, Inc., and the filing does not describe any financial effect of the appointment.
Charles Swoboda appointed independent director effective August 4, 2025
Former Chairman and CEO of Cree, Inc.; CEO from 2001 and Chairman from 2002
Non-employee director pay for 2025 includes a $70,000 annual retainer and a $170,000 annual RSU grant, prorated from his start date
On July 31, 2025, United Bankshares entered into change-in-control agreements with its CEO, President, CFO and Chief Risk and Information Officer, setting severance terms if they are terminated without cause or resign for good reason within two years after a change in control. The company also approved forms of equity award agreements and a correction to existing supplemental executive retirement agreements, which shareholders may review in the filed exhibits.
Agreements cover Richard M. Adams, Jr. (CEO), James J. Consagra, Jr. (President), W. Mark Tatterson (EVP, CFO and Treasurer) and Darren K. Williams (EVP, Chief Risk and Information Officer), signed July 31, 2025.
Lump-sum severance is two times the sum of base salary and target bonus, or three times for Adams and Consagra, plus a prorated bonus.
Health premium support runs 24 months, or 36 months for Adams and Consagra.
On July 29, 2025, the Compensation and Human Capital Committee approved forms of equity award agreements under the 2025 Equity Incentive Plan and an amendment to existing SERP agreements.
Ingevity reported second quarter 2025 net sales of $365.1 million, down 7%, and a net loss of $146.5 million, or $4.02 per diluted share, which included a $183.8 million non-cash goodwill impairment tied to the Advanced Polymer Technologies segment. Adjusted earnings rose 39% to $51.1 million, and the company raised the low end of its full-year adjusted EBITDA guidance to a range of $390 million to $415 million while maintaining its sales guidance of $1.25 billion to $1.40 billion.
Q2 net sales were $365.1 million, down 7%, mainly due to lower Performance Chemicals sales
Net loss of $146.5 million and diluted loss of $4.02 per share, including a $183.8 million goodwill impairment
Adjusted earnings rose 39% to $51.1 million; diluted adjusted EPS was $1.39, up 38%
Full-year 2025 adjusted EBITDA guidance is $390 million to $415 million; sales guidance remains $1.25 billion to $1.40 billion
Primoris Services reported second-quarter 2025 revenue of $1,890.7 million, up 20.9% from a year earlier, and diluted EPS of $1.54 versus $0.91. The company raised its full-year 2025 diluted EPS guidance to $4.40 to $4.60 and its adjusted EPS guidance to $4.90 to $5.10, and declared a $0.08 per share dividend.
Q2 2025 revenue was $1,890.7 million, up $327.0 million, or 20.9%, from Q2 2024.
Diluted EPS was $1.54 versus $0.91; adjusted diluted EPS was $1.68 versus $1.04.
Full-year 2025 diluted EPS guidance was raised to $4.40 to $4.60; adjusted EPS guidance to $4.90 to $5.10.
Board declared a $0.08 per share cash dividend, record date September 30, 2025, payable on or about October 15, 2025.
Employers Holdings' board appointed Matthew R. Pollak as Vice President, Corporate Controller and Principal Accounting Officer, effective August 8, 2025. He will receive no incremental compensation for the role, and the filing describes him as an experienced chief accounting officer.
Matthew R. Pollak appointed by the board on July 30, 2025, effective August 8, 2025
Role is Vice President, Corporate Controller and Principal Accounting Officer
No incremental compensation or benefits for the PAO role
Previously Vice President, Corporate Controller of EIG Services, Inc. since May 2025; earlier served as Senior Vice President, Chief Accounting Officer of CRC Group from December 2023 to March 2025
The Andersons completed its purchase of Marathon's 49.9% stake in The Andersons Marathon Holdings LLC for $425 million, including $40 million of working capital, on July 31, 2025, giving it full ownership of four ethanol plants with 500 million gallons of annual capacity. In second quarter results, net income attributable to the company fell to $7.9 million, or $0.23 per diluted share, from $36.0 million, or $1.05, a year earlier, even as sales and merchandising revenues rose to $3.1 billion from $2.8 billion. The company funded the deal with cash on hand and existing credit facilities, and said it expects immediate accretion to earnings per share.
Q2 2025 net income attributable to The Andersons was $7.9 million, or $0.23 per diluted share, versus $36.0 million, or $1.05, in Q2 2024.
Q2 2025 sales and merchandising revenues were $3.1 billion, up from $2.8 billion in Q2 2024.
Acquisition price was $425 million, including $40 million of working capital; the transaction closed July 31, 2025.
Full-year adjusted effective tax rate is now expected to be approximately 22% to 25%.
Encompass Health reported second-quarter 2025 net operating revenue of $1,457.7 million, up 12.0% from $1,301.2 million a year earlier, and diluted earnings per share from continuing operations of $1.40, up from $1.13. The company raised its full-year 2025 guidance for net operating revenue, adjusted EBITDA and adjusted earnings per share, which gives shareholders a higher outlook for the year.
Q2 2025 net operating revenue was $1,457.7 million, up 12.0%; diluted EPS from continuing operations was $1.40 versus $1.13.
Adjusted EPS was $1.40 versus $1.11 a year earlier; adjusted EBITDA was $318.6 million, up 17.2%.
Full-year 2025 adjusted EPS guidance rose to $5.12 to $5.34 from $4.85 to $5.10; net operating revenue guidance rose to $5,880 to $5,980 million.
Management will discuss results on an earnings call at 10:00 a.m. Eastern Time on August 5, 2025.
ONEOK reported second quarter 2025 net income attributable to ONEOK of $841 million, up from $780 million a year earlier, and diluted earnings of $1.34 per share, compared with $1.33. The company affirmed its full-year 2025 financial guidance ranges, and results were driven mainly by the EnLink and Medallion acquisitions. Shareholders get a higher quarterly profit, but the quarter included $22 million of pretax transaction costs, mostly tied to the EnLink acquisition.
Net income attributable to ONEOK was $841 million for the quarter ended June 30, 2025, versus $780 million in the same period of 2024.
Diluted earnings per share were $1.34, versus $1.33 a year earlier.
Adjusted EBITDA was $1.98 billion, versus $1.62 billion a year earlier; the figure includes $21 million of transaction costs.
ONEOK affirmed its full-year 2025 financial guidance ranges and will hold an earnings conference call on Aug. 5, 2025, at 11 a.m. Eastern.
Axon reported second-quarter 2025 revenue of $669 million, up 33% year over year, and raised its full-year 2025 revenue outlook to $2.65 billion to $2.73 billion from $2.60 billion to $2.70 billion. Net income was $36 million, but the company posted a $1 million operating loss driven by $139 million of stock-based compensation expense, and total gross margin fell 40 basis points year over year to 60.4%. For shareholders, the higher revenue and raised guidance are the main headline measures, while stock-based compensation weighed on reported operating results.
Q2 2025 revenue of $669 million rose 33% year over year; Software & Services revenue rose 39% to $292 million.
Full-year 2025 revenue outlook raised to $2.65 billion to $2.73 billion, from $2.60 billion to $2.70 billion previously.
Full-year 2025 Adjusted EBITDA outlook raised to $665 million to $685 million, from $650 million to $675 million previously.
Q2 net income was $36 million, or $0.44 per diluted share; operating loss of $1 million included $139 million of stock-based compensation expense.
Williams reported second-quarter 2025 GAAP net income of $546 million, or $0.45 per diluted share, compared with $401 million, or $0.33 per share, a year earlier. The company raised the midpoint of its 2025 Adjusted EBITDA guidance by $50 million to $7.75 billion, citing Transco expansion projects and new Gulf volumes. For shareholders, the higher guidance and a dividend increase to $2.00 for 2025 indicate improved expected earnings and returns.
GAAP net income was $546 million, or $0.45 per diluted share, versus $401 million, or $0.33, in second-quarter 2024.
Adjusted EBITDA was $1.808 billion, up $141 million or 8% from second-quarter 2024.
2025 Adjusted EBITDA guidance midpoint raised by $50 million to $7.75 billion, within a range of $7.6 billion to $7.9 billion.
Dividend increased 5.3% on an annualized basis to $2.00 in 2025 from $1.90 in 2024.
Equity Residential (NYSE: EQR) reported second-quarter 2025 diluted EPS of $0.50, up from $0.47, and FFO of $0.98 per share, up from $0.94. It raised the midpoints of full-year FFO and Normalized FFO guidance but lowered full-year EPS guidance to $2.96 to $3.02 from $3.00 to $3.10. The filing names Equity Residential, not VIVMARK RESIDENTIAL as stated in the request.
Q2 2025 diluted EPS $0.50 vs. $0.47; FFO $0.98 vs. $0.94; Normalized FFO $0.99 vs. $0.97 per share
Six-month diluted EPS of $1.18 vs. $1.24 a year earlier, down 4.8%
Full-year 2025 FFO guidance raised to $4.03-$4.09 from $3.87-$3.97; EPS guidance cut to $2.96-$3.02 from $3.00-$3.10
Q2 same store revenues up 2.7% and same store NOI up 2.3% vs. Q2 2024; eight Atlanta properties acquired for approximately $533.8 million
Sterling Infrastructure reported second quarter 2025 revenue of $614.5 million, up 21% excluding the deconsolidated RHB joint venture, and net income of $71.0 million, or $2.31 per diluted share, up 37% and 38%. The company raised its full year 2025 guidance, which excludes any contribution from the pending CEC Facilities Group acquisition.
Q2 net income $71.0 million, or $2.31 per diluted share, up 37% and 38% from the prior year quarter
Adjusted diluted EPS of $2.69, up 41%; adjusted EBITDA of $125.6 million, up 35%
Full year 2025 guidance: revenue of $2.10 billion to $2.15 billion and diluted EPS of $7.87 to $8.13
Building Solutions revenue declined 1%; the company expects soft market conditions to persist in the near term
Hershey's board appointed Chris Brandt, President and Chief Brand Officer of Chipotle Mexican Grill, as a director effective August 11, 2025. The Board has determined he is independent under NYSE standards, and he will sit on the Compensation and Human Capital and Finance and Risk Management Committees. For shareholders, this adds a director with more than 25 years of food and beverage marketing experience, and the filing discloses no financial results or guidance.
Chris Brandt appointed to the Board effective August 11, 2025, on the recommendation of the Governance Committee
Brandt has over 25 years of marketing experience in food and beverage and is currently President and Chief Brand Officer of Chipotle Mexican Grill
Brandt will serve on the Compensation and Human Capital and Finance and Risk Management Committees
Board found Brandt independent under NYSE listing standards; he will receive standard non-employee director pay
Boise Cascade reported second quarter 2025 net income of $62.0 million, or $1.64 per diluted share, down from $112.3 million, or $2.84 per share, a year earlier. Sales fell 3% to $1.74 billion, and adjusted EBITDA fell 34% to $119.0 million. Lower engineered wood and plywood prices and downtime for the Oakdale, Louisiana mill modernization weighed on the Wood Products segment, which lost most of its income.
Net income $62.0 million ($1.64 per diluted share) vs. $112.3 million ($2.84) in Q2 2024
Sales $1.74 billion, down 3% from $1.80 billion; Wood Products segment income fell 81% to $14.0 million
Board declared a quarterly dividend of $0.22 per share on July 31, 2025, payable September 17, 2025
LTC Properties reported second-quarter 2025 revenue of $60.2 million, up from $50.1 million a year earlier, mainly from converting Anthem and New Perspective triple-net properties into its SHOP senior housing portfolio. Net income available to common stockholders fell to $14.9 million, or $0.32 per diluted share, from $19.2 million, or $0.44, due to higher transaction costs and general and administrative expenses. The company raised 2025 guidance to reflect $400.0 million of completed and anticipated near-term investments.
Q2 2025 total revenues were $60.2 million, compared with $50.1 million in Q2 2024.
Diluted earnings per share were $0.32, compared with $0.44; diluted Core FFO per share was $0.68, compared with $0.67.
2025 GAAP net income guidance rose to $3.45 to $3.48 per share, from $3.38 to $3.42.
Diluted Core FFO guidance rose to $2.67 to $2.71 per share, from $2.65 to $2.69.
Sezzle's board approved on July 31, 2025 an amendment to its 2021 Equity Incentive Plan that lets the company facilitate sell-to-cover sales to fund participant tax withholding and delay share settlement of awards vesting during trading black-out periods. All award holders, including the CEO and CFO, acknowledged the amendment terms. The change is administrative and does not state any financial figures.
Board approved the Plan Amendment on July 31, 2025, on the Compensation Committee's recommendation.
Plan Amendment allows sell-to-cover transactions by a third-party administrator to fund tax withholding for participants.
Settlement of awards vesting in black-out periods may be delayed until the next permitted trading day, but not beyond the short-term deferral period under IRS rules.
Principal executive officer, principal financial officer and other named executive officers acknowledged the amendment terms in writing.
Allison Transmission reported second-quarter 2025 net sales of $814 million, essentially flat from $816 million a year earlier, while net income rose 4% to $195 million. The company also revised its full-year 2025 guidance, citing current end-market conditions, acquisition-related expenses and expected favorable cash income tax impacts from the One Big Beautiful Bill Act. Shareholders also get a view of the pending $2.7 billion acquisition of Dana's Off-Highway business, which is expected to close in late Q4 2025.
Q2 2025 diluted EPS was $2.29, up from $2.13 in Q2 2024; net income was $195 million, up from $187 million.
Q2 Adjusted EBITDA was $313 million, up from $301 million, and Adjusted EBITDA margin was 38.5%.
Revised 2025 guidance: net sales $3,075 to $3,175 million, net income $640 to $680 million, Adjusted EBITDA $1,130 to $1,180 million.
Pending Dana Off-Highway acquisition for approximately $2.7 billion, expected to close late in Q4 2025; Q2 acquisition-related expenses were $15 million.
AECOM reported fiscal third-quarter 2025 results for the quarter ended June 30, 2025, with revenue of $4.18 billion, up 0.7%, and net service revenue of $1.94 billion, up 6%. The company raised its fiscal 2025 guidance for adjusted EBITDA, adjusted EPS, and margins, which points to higher expected earnings for shareholders.
Adjusted EPS was $1.34, up 16%; diluted EPS from continuing operations was $1.31, up 38%
Net income attributable to AECOM was $131 million, down 2.5%, including a $43.9 million loss from discontinued operations
Fiscal 2025 adjusted EPS guidance raised to $5.20 to $5.30; adjusted EBITDA guidance set at $1,190 million to $1,210 million
Free cash flow was $262 million in the quarter; year-to-date free cash flow rose 27% to $551 million
Addus HomeCare reported second-quarter 2025 net service revenues of $349.4 million, up 21.8% from a year earlier, and net income of $1.20 per diluted share compared with $1.10. The company also completed its $21.3 million acquisition of Helping Hands Home Care on August 1, 2025, adding three locations in western Pennsylvania. The release does not include updated financial guidance figures.
Net service revenues were $349.4 million, up 21.8% from $286.9 million in Q2 2024.
Net income was $22.1 million, or $1.20 per diluted share, compared with $18.1 million, or $1.10, a year earlier.
Adjusted EBITDA rose 24.5% to $43.9 million; cash flow from operations was $22.5 million.
Helping Hands was acquired for $21.3 million on August 1, 2025, with annualized revenues of approximately $16.7 million.
Mueller Water Products reported fiscal third-quarter results for the quarter ended June 30, 2025, with net sales up 6.6% to $380.3 million and diluted earnings per share of $0.33, compared with $0.30 a year earlier. The company raised its fiscal 2025 guidance for net sales and adjusted EBITDA, which points to higher expected full-year results for shareholders, though nine-month free cash flow declined.
Net sales rose 6.6% to $380.3 million; net income was $52.5 million and diluted EPS was $0.33, versus $0.30 a year earlier
Adjusted EBITDA was $86.4 million, up 1.4%, with adjusted EBITDA margin of 22.7% versus 23.9%
Fiscal 2025 guidance raised to net sales of $1,405 million to $1,415 million and adjusted EBITDA of $318 million to $322 million
Nine-month free cash flow was $103.0 million, down from $121.5 million; the company repurchased $10.0 million of stock in the quarter
On July 30, 2025, a First Advantage subsidiary signed Amendment No. 5 to its first lien credit agreement with Bank of America, N.A. as administrative agent. The amendment lowers the interest rate margin on the term loan due October 31, 2031 and on the $250.0 million revolving credit facility due October 31, 2029, each by 0.50%, which reduces the company's borrowing costs under those facilities.
Term loan due October 31, 2031: rate cut 0.50% to 2.50%-2.75% plus SOFR, based on the first lien ratio
$250.0 million revolving credit facility due October 31, 2029: rate cut 0.50% to 2.25%-2.75% plus SOFR
Amendment dated July 30, 2025, filed as Exhibit 10.1 and disclosed under Items 1.01 and 2.03
Hims & Hers reported second-quarter 2025 revenue of $544.8 million, up 73% from a year earlier, and net income of $42.5 million, compared with $13.3 million in the second quarter of 2024. The company affirmed its full-year 2025 revenue and Adjusted EBITDA guidance and gave third-quarter outlook, but free cash flow was negative $69.4 million and gross margin fell to 76% from 81%.
Q2 2025 revenue was $544.8 million, up 73% from $315.6 million; subscribers reached 2,439 thousand, up 31%
Net income was $42.5 million and Adjusted EBITDA was $82.2 million, versus $13.3 million and $39.3 million a year earlier
Free cash flow was negative $69.4 million, compared with positive $47.6 million in Q2 2024
Full-year 2025 guidance affirmed: revenue of $2.3 billion to $2.4 billion and Adjusted EBITDA of $295 million to $335 million; Q3 revenue guidance is $570 million to $590 million
Ichor Holdings reported second quarter 2025 revenue of $240.3 million, up from $203.2 million a year earlier but down from $244.5 million in the first quarter. The company posted a GAAP net loss of $9.4 million, wider than the $5.1 million loss a year earlier, and gave third quarter revenue guidance of $225 million to $245 million. For shareholders, sales grew year over year while GAAP losses widened and cash fell.
Q2 2025 revenue of $240.3 million, compared with $203.2 million in Q2 2024 and $244.5 million in Q1 2025.
GAAP net loss of $9.4 million, or $(0.28) per diluted share, versus $(0.15) in Q2 2024; non-GAAP diluted EPS was $0.03 versus $0.05.
Q3 2025 outlook: revenue of $225 million to $245 million and GAAP diluted EPS of $(0.12) to $0.00.
Cash and cash equivalents were $92.2 million at June 27, 2025, down $17.1 million from the prior quarter.
Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.
Briefs marked “Written later” were written in November 2026 for filings that were by then more than three weeks old, so months before mid-October 2026 hold a selection: every material 8-K of the past year for the 100 largest companies we cover and the last 15 important 8-Ks of every other one. Briefs the number check holds back are not shown or counted. Also: the last 45 days, briefs by company, A–Z and the live SEC filings wire.