1,041 material Form 8-K filings that 824 companies we cover made with the SEC in November 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).
Avista reported third-quarter 2025 net income of $29 million, or $0.36 per diluted share, up from $18 million, or $0.23, a year earlier. It confirmed its 2025 consolidated earnings guidance of $2.52 to $2.72 per diluted share but expects results at the low end of that range because of $0.16 per share of losses at its other businesses. Shareholders see higher quarterly and year-to-date earnings, with the full-year outcome expected near the bottom of the range.
Q3 2025 net income was $29 million, or $0.36 per diluted share, versus $18 million, or $0.23, in Q3 2024.
Year-to-date 2025 earnings were $1.51 per diluted share, compared with $1.44 for the same period of 2024.
2025 consolidated EPS guidance of $2.52 to $2.72 was confirmed; the company expects the low end due to $0.16 per share of losses at other businesses.
Avista Utilities is expected to contribute toward the upper end of its $2.43 to $2.61 per-share range.
Louisiana-Pacific reported third-quarter 2025 net sales of $663 million, down $59 million from a year earlier, and net income of $9 million, or $0.13 per diluted share, versus $90 million, or $1.28 per diluted share, in the prior-year quarter. The decline reflects lower OSB prices, which cut OSB net sales by $74 million, while siding net sales rose 5% to $443 million. The company reaffirmed its full-year 2025 siding adjusted EBITDA guidance, which matters to shareholders because the headline profit measures fell sharply while the outlook for that segment was held.
Q3 2025 net sales were $663 million, down $59 million; siding rose $22 million to $443 million while OSB fell $74 million to $179 million.
Q3 net income was $9 million ($0.13 per diluted share), down $82 million; adjusted EBITDA was $82 million, down $71 million.
Full-year 2025 siding adjusted EBITDA guidance of about $430 million was reaffirmed; consolidated adjusted EBITDA guidance is about $420 million for the full year and about $32 million for Q4.
Cash provided by operating activities was $89 million in Q3, and total liquidity was $1.1 billion as of September 30, 2025.
Pure Storage named Patrick Finn as its Chief Revenue Officer, succeeding Dan FitzSimons, who remains with the company as a senior advisor and is no longer an executive officer. The company also reaffirmed its fiscal third-quarter and full-year fiscal 2026 guidance, first given on August 27, 2025, and the filing reports no change to that outlook.
Finn receives a $650,000 initial base salary and a target annual cash bonus of 100% of base salary.
A $1,000,000 one-time signing bonus must be repaid if he leaves for any reason other than a layoff within 12 months.
He received 92,896 restricted stock units vesting 25% on December 20, 2026, plus 108,840 performance RSUs at target tied to a market capitalization of $40 billion or more.
Pure reaffirmed its fiscal Q3 and full-year FY26 guidance given in its August 27, 2025 earnings announcement.
NW Natural Holdings reported a third-quarter 2025 net loss of $29.9 million, or $0.73 per share, compared with a net loss of $0.71 per share a year earlier. For the first nine months, it reported net income of $1.36 per share versus $0.88 a year earlier, and it expects 2025 results to be above the midpoint of its updated GAAP EPS guidance range of $2.59 to $2.79, with the update reflecting transaction and business development costs.
Q3 2025 net loss of $0.73 per share, compared with a $0.71 per share net loss in Q3 2024
Nine-month 2025 net income of $1.36 per share, compared with $0.88 per share a year earlier
2025 GAAP EPS guidance of $2.59 to $2.79 updated; company expects results above the midpoint
Quarterly dividend of $0.4925 per share declared, payable Nov. 14, 2025
Kodiak Gas Services reported a third-quarter 2025 net loss attributable to common shareholders of $14.0 million, or $0.17 per diluted share, compared with net income of $39.5 million in the second quarter. The loss included a $33.3 million loss on disposal of its Mexico operations and a $28.0 million sales and use tax reserve, while adjusted net income was $31.5 million, or $0.36 per adjusted diluted share. The company raised its full-year 2025 discretionary cash flow guidance to $450 million to $470 million and kept its other guidance metrics unchanged.
Q3 2025 total revenues were $322.7 million, compared with $324.6 million in Q3 2024.
Net loss of $14.0 million included a $33.3 million loss on the Mexico disposal and a $28.0 million sales tax reserve increase.
Discretionary cash flow was $116.7 million, up 13.2% from Q3 2024.
Full-year 2025 discretionary cash flow guidance was raised to $450 million to $470 million; the company also declared a quarterly dividend of $0.49 per share.
BWX Technologies said its Senior Vice President and General Counsel, Chief Compliance Officer and Corporate Secretary, Ronald O. Whitford, Jr., stepped down from that role and as an executive officer effective November 4, 2025. The company said the decision is not related to any legal issue or disagreement, and it expects to name a successor within the coming week.
Ronald O. Whitford, Jr. left the General Counsel, Chief Compliance Officer and Corporate Secretary roles effective November 4, 2025
He will stay employed as Special Advisor to the CEO to help with the transition for a period of time
The company expects to appoint a successor within the coming week
Whitford will receive base salary during the transition and benefits consistent with a termination without cause under the Executive Severance Plan
On November 4, 2025, Bloom Energy issued $2.5 billion of 0% convertible senior notes maturing November 15, 2030, including $300 million from the full exercise of the initial purchasers' option. Concurrently, it agreed to exchange $532.8 million of 2028 notes and $443.1 million of 2029 notes for cash and Class A shares, and the filing says the notes could be converted into a maximum of 19,554,000 shares, which may dilute existing shareholders.
$2.5 billion principal of notes issued November 4, 2025, including $300 million from the option exercise
Initial conversion price of about $194.97 per share, a premium of about 52.50% over the $127.85 last reported sale price on October 30, 2025
Exchange transactions use about $988.4 million of cash and about 24.3 million and 18.1 million Class A shares to retire existing 2028 and 2029 notes
HF Sinclair agreed to repurchase 960,061 shares of its common stock from REH Advisors Inc. for $50 million, or $52.08 per share, funded with cash on hand. The purchase is made under the company's $1 billion share repurchase program and is expected to close on or around November 6, 2025, reducing the number of shares outstanding.
Repurchase of 960,061 shares at $52.08 per share, totaling $50 million
Shares will be held as treasury stock; funded with cash on hand
Total repurchases under the $1 billion program reached $466,256,859 including this transaction
This is the nineteenth privately negotiated transaction with REH; completion expected on or around November 6, 2025
Ashland reported fourth-quarter fiscal 2025 sales of $478 million, down 8% from $522 million, and adjusted EBITDA of $119 million, down 4%, with portfolio optimization actions cutting sales by about $38 million. The company also issued fiscal 2026 guidance of $1,835 million to $1,905 million in sales and $400 million to $430 million in adjusted EBITDA, and said it received a $103 million tax refund in October.
Q4 sales $478 million, down 8% from $522 million; pricing declined 2%
Q4 adjusted EBITDA $119 million, down 4% from $124 million; adjusted diluted EPS excluding intangibles amortization $1.08 versus $1.26
Fiscal 2026 guidance: sales $1,835 million to $1,905 million; adjusted EBITDA $400 million to $430 million
Fiscal 2025 net loss $845 million, including a $706 million goodwill impairment; $103 million tax refund received in October
Ovintiv reported third-quarter 2025 net earnings of $148 million, or $0.57 per diluted share, down from $507 million in the same period of 2024. The quarter included a $108 million after-tax non-cash impairment, and total revenues fell to $2.07 billion from $2.32 billion. The company raised its full-year 2025 production guidance while keeping its capital investment range unchanged, and declared a $0.30 per share quarterly dividend.
Q3 2025 net earnings were $148 million ($0.57 per diluted share), versus $507 million ($1.92 per diluted share) in Q3 2024; the quarter included a $108 million after-tax ceiling test impairment.
Full-year 2025 production guidance raised to 610 to 620 MBOE/d from 600 to 620 MBOE/d; full-year capital investment maintained at $2.125 billion to $2.175 billion.
Q3 2025 cash from operating activities was $812 million and Non-GAAP Free Cash Flow was $351 million.
Board declared a $0.30 per share dividend, payable December 31, 2025, to holders of record on December 15, 2025.
Mosaic reported third-quarter 2025 net income of $411 million and diluted earnings per share of $1.29, up from $122 million and $0.38 in the same quarter of 2024. Net sales rose to $3.5 billion from $2.8 billion, and adjusted EBITDA rose 80% to $806 million, driven mainly by Mosaic Fertilizantes and higher potash prices. Net income included $135 million of pre-tax notable items, mainly a $308 million mark-to-market gain on Ma'aden shares, and the company gave full-year 2025 and fourth-quarter outlook figures.
Q3 2025 net sales $3.5 billion vs. $2.8 billion in Q3 2024; adjusted EBITDA $806 million vs. $448 million
Diluted EPS $1.29 vs. $0.38 a year earlier; adjusted EPS $1.04
Notable items added $135 million pre-tax, including a $308 million Ma'aden gain offset by a $75 million loss on the Taquari mine held for sale
Q4 2025 Mosaic Fertilizantes segment adjusted EBITDA expected to be approximately $100 million
California Resources reported third-quarter 2025 results, with total operating revenues of $855 million, down from $1.35 billion a year earlier and $978 million in the second quarter. GAAP net income was $64 million ($0.76 per diluted share), while adjusted net income rose to $123 million from $98 million in the prior quarter, and the board raised the quarterly dividend 5% to $0.405 per share. The company also gave fourth-quarter 2025 guidance and said the pending Berry Corporation merger is expected to close in the first quarter of 2026.
Q3 2025 net income was $64 million, down from $172 million in Q2 2025 and $345 million in Q3 2024; adjusted net income was $123 million, up from $98 million in Q2 2025
Total operating revenues were $855 million, compared with $978 million in Q2 2025 and $1.35 billion in Q3 2024
Quarterly dividend raised 5% to $0.405 per share, payable December 15, 2025; $205 million remained for share repurchases as of September 30, 2025
Fourth-quarter 2025 guidance includes net production of 131 to 135 MBoe/d and adjusted EBITDAX of $220 million to $260 million
Chord Energy reported third quarter 2025 results, with net income of $130.1 million ($2.26 per diluted share), down from $225.3 million ($3.59 per diluted share) a year earlier, while oil, NGL and natural gas revenue fell to $966.8 million from $1,121.0 million. The company raised its full-year 2025 oil volume guidance, closed the $542.2 million acquisition of Williston Basin assets from XTO Energy on October 31, 2025, and declared a $1.30 per share base dividend.
Q3 2025 net income was $130.1 million ($2.26 per diluted share), versus $225.3 million ($3.59 per diluted share) in Q3 2024 and a net loss of $6.77 per diluted share in Q2 2025.
Oil, NGL and natural gas revenue was $966.8 million, compared with $1,121.0 million in Q3 2024.
FY25 oil volume guidance was raised, with FY25 CapEx guidance of $1.35 billion at midpoint unchanged excluding $15 million added for XTO volumes.
A base dividend of $1.30 per share is payable December 5, 2025 to holders of record on November 19, 2025; $83.0 million was spent on share repurchases in Q3.
GXO Logistics reported third-quarter 2025 revenue of $3.4 billion, up 8% from a year earlier, and net income of $60 million, up from $35 million. The company reaffirmed its full-year 2025 guidance, including adjusted EBITDA of $865 million to $885 million, which signals management still expects the year to land within its prior targets.
Q3 revenue $3.4 billion, up 8% year over year; organic revenue growth of 4%
Q3 diluted EPS $0.51 vs. $0.28; adjusted diluted EPS $0.79, flat with $0.79 a year earlier
Q3 free cash flow $187 million vs. $110 million; nine-month net loss of $7 million
Full-year 2025 guidance reaffirmed: adjusted EBITDA $865 million to $885 million; adjusted diluted EPS $2.43 to $2.63
Corteva reported third-quarter net sales of $2.62 billion, up 13% from a year earlier, and a GAAP loss from continuing operations of $308 million, narrower than the $519 million loss in the prior-year quarter. The company raised its full-year 2025 guidance, now expecting operating EPS of $3.25 to $3.35 per share and operating EBITDA of $3.8 billion to $3.9 billion. Shareholders will also be watching the planned separation into two independent public companies, expected in the second half of 2026.
Q3 2025 net sales were $2.62 billion, up 13% from $2.33 billion in Q3 2024 (organic sales up 11%).
Q3 2025 GAAP loss from continuing operations after tax was $308 million, versus a $519 million loss in Q3 2024.
Full-year 2025 guidance: net sales $17.7 billion to $17.9 billion, operating EBITDA $3.8 billion to $3.9 billion, operating EPS $3.25 to $3.35 per share.
Company expects to repurchase approximately $1.0 billion of shares in 2025 and plans to separate into two companies in the second half of 2026.
Aflac reported third quarter 2025 net earnings of $1.6 billion, or $3.08 per diluted share, compared with a net loss of $93 million a year earlier, and adjusted earnings of $1.3 billion, up 9.6%. For the first nine months, net earnings fell 36.0% to $2.3 billion, and the company also declared a $0.58 fourth quarter dividend and repurchased $1.0 billion of its shares in the quarter.
Q3 net earnings $1.6 billion, or $3.08 per diluted share, versus a net loss of $93 million, or $0.17 per share, in Q3 2024
Q3 adjusted earnings per diluted share rose 15.3% to $2.49; net investment gains of $275 million drove the GAAP result
Nine-month total revenues fell 9.1% to $12.3 billion and net earnings fell 36.0% to $2.3 billion
Board declared a fourth quarter dividend of $0.58 per share, payable December 1, 2025; $1.0 billion repurchased 9.3 million shares in Q3
Par Pacific reported third quarter 2025 net income of $262.6 million, or $5.16 per diluted share, compared with $7.5 million, or $0.13 per diluted share, in the same quarter of 2024. The results include a $195.9 million gain in Adjusted Net Income tied to EPA small refinery exemptions granted in August 2025 for the 2019-2024 compliance years, which matters to shareholders because it accounts for a large share of the quarter's profit.
Net income of $262.6 million, or $5.16 per diluted share, versus $7.5 million, or $0.13 per diluted share, in Q3 2024.
Adjusted Net Income of $302.6 million, or $5.95 per diluted share, including a $195.9 million small refinery exemption impact.
Adjusted EBITDA of $372.5 million, including a $202.6 million small refinery exemption impact, versus $51.4 million in Q3 2024.
Repurchased $16.4 million of common stock in the quarter; closed the Hawaii Renewables joint venture in October 2025 for $100 million in cash proceeds.
United Fire Group reported third quarter 2025 results for the period ended September 30, 2025, with net income of $39.2 million, or $1.49 per diluted share, up $19.4 million from the prior year. The combined ratio improved 6.3 points to 91.9%, and net written premium grew 7% to $328.2 million, which points to better underwriting profitability for shareholders.
Net income was $39.2 million, or $1.49 per diluted share, versus $19.7 million, or $0.76, in the third quarter of 2024.
Adjusted operating income was $39.5 million, or $1.50 per diluted share, versus $0.81 a year earlier.
Combined ratio improved to 91.9% from 98.2%, with a catastrophe loss ratio of 1.3% versus 4.4%.
Book value per share was $35.22 as of September 30, 2025; the company declared and paid a $0.16 per share dividend and will hold an earnings call on November 5, 2025 at 9:00 a.m. CT.
Everus Construction Group reported record third quarter 2025 revenue of $986.8 million, up 29.7%, and net income of $57.0 million, up 36.4%, with diluted EPS of $1.11. The company raised its full-year 2025 revenue and EBITDA guidance, which signals stronger expected results for shareholders.
Q3 2025 net income $57.0 million, up 36.4%; diluted EPS $1.11 versus 82 cents a year earlier
Raised 2025 revenue guidance to $3.55 billion to $3.65 billion, from $3.3 billion to $3.4 billion
Raised 2025 EBITDA guidance to $290 million to $300 million, from $240 million to $255 million
Backlog of $2.95 billion as of Sept. 30, 2025, up 2.1% from a year earlier
Horace Mann reported third-quarter 2025 net income of $58.3 million, or $1.40 per diluted share, up from $34.3 million, or $0.83, a year earlier. The company also raised its full-year 2025 core earnings per share guidance to a range of $4.50 to $4.70, which gives shareholders a higher outlook for the year.
Q3 2025 net income was $58.3 million, or $1.40 per diluted share, versus $34.3 million, or $0.83, in Q3 2024
Q3 2025 core earnings were $56.6 million, or $1.36 per diluted share, versus $34.4 million, or $0.83, a year earlier
Total revenues rose 6.4% to $438.5 million for the quarter
Full-year 2025 core EPS guidance increased to $4.50 to $4.70; Property & Casualty combined ratio was 87.8% for the quarter
O-I Glass reported third-quarter 2025 net earnings attributable to the company of $0.19 per diluted share, compared with a loss of $0.52 a year earlier, on net sales of $1.7 billion (flat year over year). The company raised its full-year 2025 adjusted earnings per share guidance to $1.55 to $1.65 from $1.30 to $1.55, while its free cash flow guidance of $150 million to $200 million was unchanged because of higher restructuring costs.
Q3 net sales were $1,653 million versus $1,679 million in the prior-year quarter; earnings before income taxes were $58 million versus a loss of $57 million.
Segment operating profit rose to $235 million from $144 million, with margins up 570 basis points, driven mainly by lower operating costs.
Adjusted EPS was $0.48 versus an adjusted loss of $0.04; full-year 2025 adjusted EPS guidance was raised to $1.55 to $1.65.
Full-year 2025 free cash flow guidance remains $150 million to $200 million, including about $150 million in cash restructuring costs.
Bristow Group reported third quarter 2025 revenue of $386.3 million, up from $376.4 million in the second quarter, and net income of $51.5 million, or $1.72 per diluted share, versus $31.7 million, or $1.07 per diluted share, a quarter earlier. The company also set its 2025 Adjusted EBITDA outlook at $240 million to $250 million and its 2026 outlook at $295 million to $325 million; the filing does not state the prior outlook, so the direction of the change cannot be determined from it.
Q3 2025 total revenues of $386.3 million, up from $376.4 million in Q2 2025
Net income of $51.5 million, or $1.72 per diluted share, compared with $31.7 million, or $1.07 per diluted share, in Q2 2025
Adjusted EBITDA of $67.1 million in Q3 2025 versus $60.7 million in Q2 2025
2025 Adjusted EBITDA outlook of $240 million to $250 million; 2026 outlook of $295 million to $325 million
The Andersons reported third quarter 2025 results, with sales and merchandising revenues of $2.68 billion, up from $2.62 billion a year earlier. Net income attributable to the company fell to $20 million from $27 million, and diluted EPS fell to $0.59 from $0.80, while adjusted EPS rose to $0.84 from $0.72. Shareholders face a mix of higher sales and adjusted earnings alongside lower reported profit and adjusted EBITDA of $78 million, down from $97 million.
Net income attributable to The Andersons was $20 million, or $0.59 per diluted share, versus $27 million, or $0.80, in Q3 2024
Adjusted net income attributable to the company was $29 million, or $0.84 per diluted share, versus $0.72 a year earlier
Adjusted EBITDA was $78 million versus $97 million in Q3 2024; Agribusiness pretax income was $1 million versus $23 million
Renewables pretax income was $43 million, including $20 million of 2025 year-to-date 45Z tax credits; a conference call is set for November 5, 2025 at 8:30 a.m. ET
Benchmark Electronics reported third quarter 2025 revenue of $681 million, up 3.5% from $658 million a year earlier, and said it reached the high end of its prior revenue and non-GAAP earnings guidance. GAAP diluted earnings per share fell to $0.39 from $0.42, while non-GAAP diluted EPS rose to $0.62 from $0.57, and the company guided fourth quarter 2025 revenue to $670 million to $720 million.
Q3 2025 revenue $681 million, up 3.5% year over year; GAAP operating income $24 million; non-GAAP operating income $33 million
Diluted GAAP EPS $0.39 versus $0.42 a year earlier; diluted non-GAAP EPS $0.62 versus $0.57
Q4 2025 guidance: revenue $670 million to $720 million; GAAP diluted EPS $0.44 to $0.50; non-GAAP diluted EPS $0.62 to $0.68
EPR Properties entered into an underwriting agreement on November 3, 2025, to issue and sell $550 million aggregate principal amount of 4.750% Senior Notes due 2030. The notes are being sold with J.P. Morgan, BofA Securities, Barclays and RBC Capital Markets acting as representatives of the underwriters. The deal adds $550 million of senior debt with a fixed 4.750% coupon and a 2030 maturity, which matters to shareholders because it changes the company's debt load and interest obligations.
Issuance of $550,000,000 aggregate principal amount of 4.750% Senior Notes due 2030
Underwriting agreement dated November 3, 2025, with J.P. Morgan Securities LLC, BofA Securities, Inc., Barclays Capital Inc. and RBC Capital Markets, LLC
Preliminary prospectus supplement dated and filed with the SEC on November 3, 2025
Underwriting agreement filed as Exhibit 1.1; 8-K signed November 4, 2025 by CFO Mark A. Peterson
Exelixis reported third-quarter 2025 total revenues of $597.8 million, up from $539.5 million a year earlier, and GAAP diluted earnings per share of $0.69, up from $0.40. The company raised the low end of its 2025 total revenue guidance and authorized a stock repurchase program of up to $750 million that runs through December 31, 2026.
Q3 2025 total revenues $597.8 million vs. $539.5 million in Q3 2024; net product revenues $542.9 million vs. $478.1 million
GAAP net income $193.6 million ($0.69 diluted EPS) vs. $118.0 million ($0.40) a year earlier; non-GAAP diluted EPS $0.78 vs. $0.47
2025 total revenue guidance raised to $2.30 billion-$2.35 billion from $2.25 billion-$2.35 billion; R&D expense guidance lowered to $850 million-$900 million from $925 million-$975 million
Board authorized repurchase of up to $750 million of common stock before December 31, 2026; Q3 restructuring expenses were $19.8 million
LTC Properties reported a third-quarter 2025 net loss available to common stockholders of $20.1 million, or $0.44 per diluted share, compared with net income of $29.2 million, or $0.66 per diluted share, a year earlier. The loss reflects a $41.5 million non-cash write-off of straight-line effective interest tied to a penalty-free prepayment option granted to a borrower, while total revenues rose to $69.3 million from $55.8 million and diluted Core FFO per share was $0.69 versus $0.68. The company raised its full-year 2025 guidance, which now includes diluted earnings per share of $2.45 to $2.47.
Q3 2025 total revenues were $69.3 million, up from $55.8 million in Q3 2024.
Net loss available to common stockholders was $20.1 million, or $0.44 per diluted share, including a $41.5 million non-cash write-off.
Diluted Core FFO per share was $0.69 for Q3 2025, compared with $0.68 a year earlier.
Full-year 2025 guidance raised: diluted EPS $2.45 to $2.47 and diluted Core FFO per share $2.69 to $2.71.
Kyndryl reported fiscal second-quarter 2026 revenue of $3.7 billion, down 1% year over year, while net income rose to $68 million, or $0.29 per diluted share, from a net loss of $43 million a year earlier. The company reaffirmed its fiscal 2026 outlook and announced a $400 million increase to its share repurchase authorization, which matters to shareholders because it reflects both a profit swing and a larger capital return program alongside a revenue decline.
Revenue was $3.7 billion, down 1% reported and down 3.7% in constant currency, which the company attributed to reducing low-margin third-party content and longer sales cycles.
Net income was $68 million, or $0.29 per diluted share, versus a net loss of $43 million, or $0.19 per share, in the prior-year quarter.
Adjusted EBITDA was $641 million, up 15% year over year; free cash flow was $22 million.
The board added $400 million to the share repurchase program, on top of the $300 million program from November 2024, under which 7.3 million shares had been repurchased for $249 million as of September 30, 2025.
IFF reported third quarter 2025 results, with reported net sales down 8% to $2.69 billion and reported diluted EPS of $0.16 versus $0.23 a year earlier. The company reaffirmed its full-year 2025 sales and adjusted operating EBITDA guidance and said it will revise prior-period financial statements for income tax errors in its Form 10-Q, expected by November 10, 2025.
Q3 reported net sales $2.69 billion, down 8%; comparable currency neutral sales were flat
Q3 reported diluted EPS $0.16 vs $0.23 a year earlier; adjusted EPS excluding amortization $1.05; adjusted operating EBITDA $519 million
Full-year 2025 guidance reaffirmed: sales $10.6 billion to $10.9 billion and adjusted operating EBITDA $2 billion to $2.15 billion
Nine-month results include a $1.153 billion goodwill impairment and a net loss attributable to IFF shareholders of $392 million
Live Nation reported third-quarter 2025 revenue of $8.5 billion, up 11%, and operating income of $793 million, up 24%. Diluted earnings per share fell to $0.73 from $1.66 a year earlier, mainly because of a $259.9 million accretion charge on redeemable noncontrolling interests, so shareholders see strong operating growth alongside lower per-share profit. The company said it remains on track for double-digit AOI growth for the full year.
Revenue of $8.5 billion, up 11%; operating income of $793 million, up 24%; adjusted operating income (AOI) of $1.03 billion, up 14%
Diluted EPS of $0.73 versus $1.66 a year earlier; net income attributable to common stockholders of $431.5 million versus $451.8 million
Accretion of redeemable noncontrolling interests of $259.9 million reduced net income available to common stockholders to $171.6 million
Company says it is on track for double-digit AOI growth for the full year 2025 and about 160 million concert fans
Wyndham Hotels & Resorts said its Chief Financial Officer, Michele Allen, is leaving the company effective November 4, 2025, to pursue a career opportunity outside the hotel industry. Treasurer Kurt Albert was named interim CFO, and the company reaffirmed its full-year 2025 outlook.
Michele Allen departs effective November 4, 2025, and serves in an advisory role through December 31, 2025
Kurt Albert, Treasurer since May 2024, becomes interim CFO with a base salary of $500,000 and a target incentive of 75% of salary
Allen's separation agreement provides $1,500,000 in cash compensation and partial vesting of long-term incentive awards
Wyndham plans a comprehensive search for a permanent CFO and reaffirmed its full-year 2025 outlook
Eversource reported third-quarter 2025 net income of $367.5 million, or $0.99 per share, compared with a loss of $118.1 million a year earlier, and non-GAAP recurring earnings of $1.19 per share, up from $1.13. The company narrowed its full-year 2025 non-GAAP recurring EPS guidance to $4.72 to $4.80 from $4.67 to $4.82 and reaffirmed a 5% to 7% long-term EPS growth target, which matters to shareholders because it signals steady regulated earnings despite a $75.0 million after-tax offshore wind charge.
Q3 2025 GAAP earnings were $367.5 million, or $0.99 per share, versus a loss of $118.1 million, or $(0.33) per share, in Q3 2024.
Non-GAAP recurring EPS was $1.19 in Q3 2025, compared with $1.13 in Q3 2024; nine-month GAAP EPS was $3.44 versus $2.08.
Results include a $75.0 million after-tax loss ($0.20 per share) tied to higher obligations to Global Infrastructure Partners from the 2024 offshore wind sale.
Full-year 2025 non-GAAP recurring EPS guidance narrowed to $4.72 to $4.80; management call is set for November 5, 2025 at 9 a.m. Eastern Time.
Assurant reported third-quarter 2025 GAAP net income of $265.6 million, up 99% from $133.8 million a year earlier, with diluted EPS of $5.17 versus $2.55. The company raised its 2025 outlook, now expecting Adjusted EBITDA excluding reportable catastrophes to grow approaching 10% and Adjusted EPS excluding reportable catastrophes to grow low double digits, and plans $300 million of share repurchases for the full year.
Q3 2025 GAAP net income was $265.6 million, up 99% from $133.8 million; diluted EPS was $5.17 versus $2.55.
Adjusted EBITDA excluding reportable catastrophes rose 13% to $433.5 million; Adjusted EPS excluding reportable catastrophes was $5.76 versus $5.08.
2025 outlook raised: Adjusted EBITDA excluding reportable catastrophes now expected to approach 10% growth; Adjusted EPS excluding reportable catastrophes now expected to deliver low double-digit growth.
Full-year 2025 share repurchases planned at $300 million, at the top of the expected range; $141 million remains under the current repurchase authorization as of October 31, 2025.
Jackson Financial reported third-quarter 2025 net income attributable to common shareholders of $65 million, or $0.92 per diluted share, compared with a loss of $480 million, or $6.37 per share, a year earlier. Total revenues fell to $1,416 million from $2,121 million, while adjusted operating earnings rose to $433 million, or $6.16 per diluted share, from $350 million, or $4.60 per share.
Net income attributable to common shareholders: $65 million, or $0.92 per diluted share, versus a $480 million loss, or $6.37 per share, in Q3 2024
Adjusted operating earnings: $433 million, or $6.16 per diluted share, versus $350 million, or $4.60 per share, in Q3 2024
Total revenues: $1,416 million, down from $2,121 million in Q3 2024
Capital returned to common shareholders in Q3 2025: $210 million, including $154 million of share repurchases and $56 million in dividends
Kratos reported third quarter 2025 revenue of $347.6 million, up from $275.9 million a year earlier, and net income of $8.7 million, or $0.05 per diluted share, versus $3.2 million, or $0.02, in the same period of 2024. The company raised its full year 2025 revenue guidance to $1.320 billion to $1.330 billion and raised its 2026 organic revenue growth forecast to 15 percent to 20 percent, though third quarter operating cash flow was negative $13.3 million.
Q3 2025 revenue of $347.6 million, up 26.0 percent from $275.9 million; Adjusted EBITDA of $30.8 million versus $24.6 million
Net income of $8.7 million, or $0.05 per diluted share, versus $3.2 million, or $0.02, in Q3 2024
Cash flow used in operations was $13.3 million in Q3 2025, with free cash flow use of $41.3 million after $28.0 million in capital expenditures
American International Group reported third-quarter 2025 net income of $519 million, or $0.93 per diluted share, compared with $459 million, or $0.71, a year earlier. Adjusted after-tax income per diluted share rose 77% to $2.20, and the board declared a quarterly dividend of $0.45 per share. For shareholders, General Insurance underwriting income rose 81% to $793 million, while net investment income fell 21% to $772 million.
Net income of $519 million, up 13%; net income per diluted share of $0.93, up 31% from $0.71
Adjusted after-tax income of $1.2 billion, or $2.20 per diluted share, versus $1.24 a year earlier
Quarterly cash dividend of $0.45 per share, payable December 30, 2025, to holders of record on December 16, 2025
Approximately $1.5 billion returned to shareholders in the quarter, including approximately $1.25 billion of share repurchases
Jack Henry & Associates reported fiscal first-quarter 2026 results for the three months ended September 30, 2025, with GAAP revenue of $644.7 million, up 7.3%, and GAAP net income of $144.0 million, up 20.8%. The company also gave full-year fiscal 2026 GAAP guidance of $2,491 million to $2,514 million in revenue and $6.38 to $6.49 in EPS, which assumes no additional acquisitions or dispositions.
GAAP revenue $644.7 million, up 7.3%; non-GAAP adjusted revenue $636.1 million, up 8.7%
GAAP diluted EPS $1.97 vs. $1.63 a year earlier; GAAP operating margin 28.5% vs. 25.2%
Fiscal 2026 GAAP EPS guidance $6.38 to $6.49; GAAP revenue guidance $2,491 million to $2,514 million
Purchase of treasury stock $62.0 million in the quarter; CFO cited $100 million in share repurchases for the first quarter and October; borrowings $20 million vs. $140 million a year earlier
Supernus reported third-quarter 2025 total revenue of $192.1 million, up 9% from a year earlier, but posted a net loss of $45.1 million, or $0.80 per diluted share, compared with net earnings of $38.5 million a year earlier. The company raised its full-year 2025 revenue guidance and narrowed its operating loss guidance, but said supplier constraints are forcing it to pause new ONAPGO patient deliveries while it rebuilds inventory.
Total revenue was $192.1 million for the quarter, up 9%; combined revenue of the four growth products rose 52% to $149.2 million.
Net loss was $45.1 million ($0.80 per diluted share), driven by higher SG&A that included approximately $70.0 million of Sage acquisition-related costs.
Full-year 2025 total revenue guidance was raised to $685 million to $705 million from $670 million to $700 million; GAAP operating loss guidance is now $(65) million to $(75) million, versus $(70) million to $(80) million previously.
Supernus is pausing delivery to patients who have not yet started ONAPGO and will provide timely updates on resolving the supply constraint.
AES reported third quarter 2025 results on November 4, 2025, with net income attributable to The AES Corporation of $639 million, up from $504 million a year earlier. The company reaffirmed its 2025 Adjusted EBITDA guidance of $2,650 million to $2,850 million and its Adjusted EPS guidance of $2.10 to $2.26, which means the outlook was unchanged rather than raised or cut.
Q3 2025 diluted EPS was $0.94, compared with $0.72 in Q3 2024; Adjusted EPS was $0.75, compared with $0.71.
Q3 2025 Adjusted EBITDA was $830 million, compared with $698 million in Q3 2024.
2025 guidance reaffirmed: Adjusted EBITDA of $2,650 million to $2,850 million and Adjusted EPS of $2.10 to $2.26.
The company expects to maintain its quarterly dividend of $0.17595 per share.
Equitable Holdings reported a third-quarter 2025 net loss attributable to Holdings of $1.3 billion, or $(4.47) per share, compared with a $132 million loss a year earlier, mainly due to a one-time impact from its life reinsurance transaction with RGA. Non-GAAP operating earnings fell to $455 million, or $1.48 per share, from $517 million, or $1.58 per share, a year earlier, though the company said it remains on track for its 2027 targets.
Net loss attributable to Holdings of $1.3 billion, or $(4.47) per share, versus a $132 million loss, or $(0.46) per share, in Q3 2024; primarily driven by a one-time impact from the life reinsurance transaction
Non-GAAP operating earnings of $455 million, or $1.48 per share, versus $517 million, or $1.58 per share, a year earlier; $510 million, or $1.67 per share, excluding notable items
Retirement net inflows of $1.1 billion and Wealth Management advisory net inflows of $2.2 billion; Asset Management net outflows of $2.3 billion, or inflows of $1.7 billion excluding the RGA transaction
On October 27, the company announced the acquisition of Stifel Independent Advisors, with more than 110 advisors and about $9 billion of client assets
CAVA Group reported fiscal third-quarter 2025 revenue of $292.2 million, up from $243.8 million a year earlier, but net income fell to $14.7 million from $18.0 million. The company also lowered its fiscal full-year 2025 guidance for same restaurant sales growth, restaurant-level profit margin and Adjusted EBITDA, which signals weaker expected profitability for shareholders.
Total revenue was $292.2 million, up from $243.8 million; CAVA Same Restaurant Sales Growth was 1.9%.
Net income was $14.7 million, or $0.12 per diluted share, versus $18.0 million, or $0.15 per diluted share, in the prior-year quarter.
Full-year 2025 same restaurant sales growth guidance was cut to 3.0% to 4.0% from 4.0% to 6.0%.
Full-year Adjusted EBITDA guidance was lowered to $148.0 million to $152.0 million from $152.0 million to $159.0 million.
Voya Financial reported third-quarter 2025 net income available to common shareholders of $176 million, or $1.80 per diluted share, up from $98 million, or $0.98, a year earlier. Adjusted operating earnings were $239 million, or $2.45 per diluted share, compared with $1.90 in the prior-year period, and the Board authorized a 4% increase in the quarterly dividend to $0.47 per share starting in the fourth quarter of 2025.
Net income available to common shareholders was $176 million, or $1.80 per diluted share, versus $98 million, or $0.98, in third-quarter 2024.
Adjusted operating earnings were $239 million, or $2.45 per diluted share, versus $1.90 a year earlier; the company said the Employee Benefits segment's trailing twelve-month adjusted operating margin fell to 6.0% from 16.6%.
The quarterly common stock dividend rises $0.02, or 4%, to $0.47 per share beginning in the fourth quarter of 2025.
Voya will host a conference call on Wednesday, Nov. 5, 2025, at 10 a.m. ET.
Lumentum reported fiscal first-quarter 2026 net revenue of $533.8 million, up 58.4% from a year earlier and 11.0% from the prior quarter, with GAAP net income of $4.2 million, or $0.05 per diluted share, compared with a GAAP net loss of $82.4 million a year earlier. The company guided second-quarter fiscal 2026 net revenue to $630 million to $670 million and non-GAAP diluted earnings per share to $1.30 to $1.50.
Net revenue $533.8 million, up 58.4% year over year and 11.0% sequentially from $480.7 million
GAAP net income $4.2 million, or $0.05 per diluted share, versus a GAAP net loss of $82.4 million in the year-earlier quarter
Non-GAAP diluted EPS $1.10 versus $0.18 a year earlier; non-GAAP operating margin 18.7%
Q2 fiscal 2026 outlook: net revenue $630 million to $670 million; non-GAAP operating margin 20.0% to 22.0%
Champion Homes reported fiscal second-quarter results for the period ended September 27, 2025, with net sales up 11.0% to $684.4 million and net income attributable to the company up 6.3% to $58.2 million. The board also refreshed the share repurchase authorization to $150 million on October 30, 2025, after $50 million of stock was repurchased during the quarter.
Net sales rose 11.0% to $684.4 million; U.S. homes sold rose 3.4% to 6,575
Net income attributable to Champion Homes rose 6.3% to $58.2 million; diluted EPS rose 9.6% to $1.03
SG&A increased to $113.1 million from $99.7 million, partly offset by a $3.7 million gain on sale of an idle facility
Board refreshed the repurchase authorization to $150 million on October 30, 2025
Macerich reported a third-quarter 2025 net loss attributable to the company of $87.4 million, or $0.34 per diluted share, compared with a $108.2 million loss, or $0.50 per share, a year earlier. Total revenues rose to $253.3 million from $220.2 million, but FFO excluding certain items fell to $0.35 per diluted share from $0.38, so the results point in mixed directions for shareholders.
Q3 2025 net loss attributable to the company was $87.4 million ($0.34 per diluted share), versus $108.2 million ($0.50) in Q3 2024.
Total revenues were $253.3 million, up from $220.2 million a year earlier.
FFO excluding certain items was $93.4 million ($0.35 per diluted share), versus $86.0 million ($0.38) in Q3 2024.
Go-Forward Portfolio Centers NOI, excluding lease termination income, rose 1.7%; a quarterly dividend of $0.17 per share is payable December 29, 2025.
Match Group reported third-quarter 2025 results for the period ended September 30, 2025. Revenue rose 2% to $914 million and net income attributable to shareholders rose 18% to $161 million, while Adjusted EBITDA fell 12% to $301 million, which the company says includes a $61 million legal settlement charge. The company also expects fourth-quarter revenue of $865 million to $875 million and declared a $0.19 per share dividend.
Q3 revenue was $914 million, up 2% year over year; Payers fell 5% to 14.5 million while revenue per payer rose 7% to $20.58.
Adjusted EBITDA was $301 million, down 12%; excluding a $61 million legal settlement charge and $2 million of restructuring costs, it would have been $364 million, up 6%.
For Q4 2025, Match Group expects revenue of $865 million to $875 million and Adjusted EBITDA of $350 million to $355 million.
The Board declared a $0.19 per share cash dividend, payable January 21, 2026 to holders of record as of January 6, 2026.
Axon reported third-quarter 2025 revenue of $711 million, up 31% year over year, and a GAAP net loss of $2 million, or $(0.03) per diluted share. The company raised its full-year 2025 revenue outlook to approximately $2.74 billion from a prior range of $2.65 billion to $2.73 billion, which points to higher expected revenue for shareholders.
Q3 2025 revenue of $711 million, up 31% year over year; Software & Services revenue rose 41% to $305 million
GAAP net loss of $2 million, or $(0.03) per diluted share; non-GAAP net income of $98 million, or $1.17 per diluted share
Full-year 2025 revenue outlook raised to approximately $2.74 billion from $2.65 billion to $2.73 billion; Q4 revenue expected at $750 million to $755 million
Mercury Systems reported first-quarter fiscal 2026 revenue of $225.2 million, up from $204.4 million a year earlier, and a GAAP net loss of $12.5 million, down from $17.5 million. On November 4, 2025, it also signed a new five-year $850.0 million revolving credit facility maturing in 2030, which replaces its existing $900.0 million revolver, and its board authorized a $200.0 million share repurchase program.
Q1 fiscal 2026 revenue was $225.2 million, up from $204.4 million; adjusted EBITDA was $35.6 million, up from $21.5 million.
GAAP net loss was $12.5 million, or $0.21 per share, compared with a net loss of $17.5 million, or $0.30 per share, a year earlier.
New $850.0 million revolving credit facility matures November 4, 2030; $591.5 million was outstanding before and after the amendment.
Board authorized on November 3, 2025 a share repurchase program of up to $200.0 million with no expiration date.
A10 Networks reported third-quarter 2025 revenue of $74.7 million, up 11.9% from $66.7 million a year earlier, while GAAP net income was $12.2 million, or $0.17 per diluted share, compared with $12.6 million, or $0.17, in the same quarter of 2024. The board also approved a $0.06 quarterly dividend, payable December 1, 2025, which shareholders should weigh against the slightly lower GAAP profit.
Revenue of $74.7 million, up 11.9% from $66.7 million in Q3 2024.
GAAP net income of $12.2 million ($0.17 diluted EPS) vs. $12.6 million ($0.17) a year earlier; non-GAAP diluted EPS of $0.23 vs. $0.21.
Quarterly dividend of $0.06 per share, payable December 1, 2025, to holders of record on November 17, 2025.
Repurchased 634,000 shares for $11.0 million in the quarter; $60.1 million remains on the $75.0 million authorization.
Teradata reported third-quarter 2025 results on November 4, 2025, with total revenue down 5% from the prior year to $416 million while non-GAAP diluted EPS rose to $0.72 from $0.69. The company updated its full-year 2025 non-GAAP EPS range to $2.38 to $2.42 and guided fourth-quarter total revenue down 2% to 4% in constant currency, so shareholders see weaker sales alongside higher per-share earnings.
Total revenue was $416 million versus $440 million, a 5% decline as reported and 6% in constant currency.
Non-GAAP diluted EPS was $0.72 versus $0.69; GAAP diluted EPS was $0.42 versus $0.33.
Total ARR rose 1% to $1.490 billion, and public cloud ARR rose 11% to $633 million.
Full-year 2025 non-GAAP diluted EPS is now expected at $2.38 to $2.42, and full-year total revenue is reaffirmed at down 5% to 7% in constant currency.
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.