1,673 material Form 8-K filings that 1,260 companies we cover made with the SEC in February 2026, 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).
Pilgrim's Pride reported fourth-quarter 2025 net sales of $4.5 billion, up 3.3% from a year earlier, but GAAP earnings per share fell to $0.37 from $0.99 and Adjusted EBITDA fell 21.0% to $415.1 million. For the full year, net sales rose 3.5% to $18.5 billion and GAAP EPS was $4.54 versus $4.57, and the company returned $2 billion to shareholders through special dividends.
Q4 2025 net sales were $4.5 billion, up 3.3% from $4.37 billion in Q4 2024.
Q4 2025 GAAP EPS was $0.37 versus $0.99; operating income was $204.1 million versus $306.7 million.
Full-year 2025 GAAP EPS was $4.54 versus $4.57, with net sales of $18.5 billion and Adjusted EBITDA of $2.3 billion.
The company paid $2 billion in special dividends in 2025; a conference call is set for February 12, 2026 at 7 a.m. MT.
Applied Materials agreed on February 11, 2026 to pay $252.5 million to the Commerce Department's Bureau of Industry and Security to resolve allegations about China customer shipments made between November 2020 and July 2022. The DOJ and SEC have closed their related inquiries without enforcement action, which removes those open reviews, but the one-time payment is a cost and the settlement requires ongoing internal audits and compliance training.
One-time payment of $252.5 million to BIS under the settlement agreement dated February 11, 2026
The DOJ and SEC have closed their inquiries, and neither agency has taken enforcement action
BIS allegations cover certain customer shipments to China between November 2020 and July 2022
Applied agreed to conduct internal audits of its export controls compliance program and maintain training and reporting mechanisms
Darling Ingredients reported fourth quarter 2025 net income of $56.9 million, or $0.35 per diluted share, down from $101.9 million, or $0.63, a year earlier, while total net sales rose to $1.7 billion from $1.4 billion. The company recorded $58.0 million in restructuring and asset impairment charges, mainly tied to its Enviroflight and CTH natural casing businesses, and full-year 2025 net income fell to $62.8 million from $278.9 million. It also gave first-quarter 2026 Adjusted EBITDA guidance of $240 million to $250 million for its core ingredients business only, excluding Diamond Green Diesel.
Q4 2025 net income $56.9 million ($0.35 per diluted share) vs. $101.9 million ($0.63) in Q4 2024
Q4 2025 total net sales $1.7 billion vs. $1.4 billion; Combined Adjusted EBITDA $336.1 million vs. $289.5 million
Full-year 2025 net income $62.8 million ($0.39 per diluted share) vs. $278.9 million ($1.73) in 2024; full-year net sales $6.1 billion vs. $5.7 billion
Q1 2026 guidance: core ingredients adjusted EBITDA of approximately $240-$250 million; results call scheduled for February 12, 2026
MSA Safety reported fourth-quarter 2025 net sales of $511 million, up 2% on a GAAP basis but down 3% organically, with GAAP diluted EPS of $2.21 versus $2.22 a year earlier. For full-year 2025, net sales rose 4% to $1.9 billion while GAAP diluted EPS fell 2% to $7.09, though adjusted diluted EPS rose 3% to $7.93. The company expects mid-single digit full-year organic sales growth in 2026.
Q4 2025 net sales $511 million, up 2% GAAP and down 3% organic, primarily due to fire service timing delays
Q4 2025 GAAP diluted EPS $2.21 (flat year over year); adjusted diluted EPS $2.38, up 6%
Full-year 2025 net sales $1.9 billion, up 4%; GAAP operating income $372 million, down 4%
2026 outlook: mid-single digit full-year organic sales growth; headwinds include tariff and geopolitical uncertainty
Antero Midstream reported fourth-quarter 2025 results and 2026 guidance. GAAP net income fell to $52 million, or $0.11 per diluted share, from a year earlier, mainly because of an $86.6 million non-cash write-down of Utica Shale assets held for sale, while adjusted net income rose 8% per share to $0.28 and adjusted EBITDA rose 4% to $285 million. The company forecasts 2026 net income of $485 million to $535 million and adjusted EBITDA of $1.19 billion to $1.24 billion.
Q4 2025 net income was $52 million, or $0.11 per diluted share, versus $111 million, or $0.23, a year earlier
Q4 2025 adjusted net income was $133 million, or $0.28 per diluted share, an 8% per-share increase (non-GAAP)
Q4 2025 revenue was $297 million, up from $287 million; adjusted EBITDA was $285 million (non-GAAP)
2026 guidance: net income of $485 million to $535 million; adjusted EBITDA of $1.19 billion to $1.24 billion; HG Midstream acquisition closed in early February 2026
Leggett & Platt reported fourth-quarter and full-year 2025 results on February 11, 2026. Sales fell 11% in the fourth quarter and 7% for the year, while reported EPS rose from the prior year, and full-year adjusted EPS was flat at $1.05. The company guided 2026 sales of $3.8 billion to $4.0 billion, down 1% to 6%, and adjusted EPS of $1.00 to $1.20, which is a filing-stated increase at the midpoint versus 2025.
4Q25 sales were $939 million, down 11%; 4Q25 EPS was $0.18 versus $0.10 in 4Q24, and adjusted EPS was $0.22 versus $0.21.
Full-year 2025 sales were $4.05 billion, down 7%; EPS was $1.69 versus a loss of $3.73 in 2024, and adjusted EPS was $1.05, flat.
2026 guidance: sales of $3.8–$4.0 billion and EPS of $0.92–$1.38; adjusted EPS of $1.00–$1.20.
Net debt leverage was 2.4x at year end 2025, against a long-term target of 2.0x; the company reduced debt by $376 million in 2025.
Antero Resources reported fourth quarter 2025 net income of $194 million, up from $150 million a year earlier, and Adjusted EBITDAX of $422 million, up from $332 million. Adjusted Net Income fell to $133 million from $181 million, and the company said it closed the HG Energy acquisition in February 2026 and expects 2026 production to average 4.1 Bcfe/d on $1 billion of drilling and completion capital.
Q4 2025 net income attributable to Antero was $194 million versus $150 million a year earlier; Adjusted Net Income was $133 million versus $181 million.
Q4 2025 net cash provided by operating activities was $371 million, up from $278 million, and Adjusted EBITDAX was $422 million.
The HG Energy acquisition closed in February 2026; the Ohio Utica Shale divestiture is expected to close by the end of February 2026.
2026 guidance calls for net production averaging 4.1 Bcfe/d on $1 billion of drilling and completion capital, with up to $200 million of discretionary growth capital.
Inspire Medical Systems reported fourth-quarter 2025 revenue up 12% to $269.1 million and full-year revenue up 14% to $912.0 million. The company revised its 2026 revenue outlook to $950 million to $1.0 billion after a clarified billing code change for its Inspire V procedure, and it plans a shareholder vote in 2026 to declassify its board.
Q4 2025 revenue rose 12% to $269.1 million; full-year 2025 revenue rose 14% to $912.0 million.
Q4 2025 GAAP net income was $136.1 million, or $4.66 per diluted share, including an $85.8 million income tax benefit; adjusted EPS was $1.65.
2026 revenue outlook is $950 million to $1.0 billion, or 4% to 10% growth; GAAP EPS outlook is $1.23 to $1.81.
The company said the Inspire V procedure will transition to CPT code 64582 with a -52 modifier; the 2026 annual meeting will consider declassifying the board.
International Flavors & Fragrances reported fiscal 2025 net sales of $10.89 billion, down 5% from the prior year, and a loss before taxes of $412 million, which included a $1.153 billion goodwill impairment. The company also launched a sale process for its Food Ingredients segment and gave 2026 guidance of $10.5 billion to $10.8 billion in sales and $2.05 billion to $2.15 billion in adjusted operating EBITDA.
Q4 2025 reported net sales were $2.59 billion, down 7%; comparable currency neutral sales rose 1%
Full-year 2025 reported loss per share was $(1.46), while adjusted EPS excluding amortization was $4.20
Full-year 2025 cash flow from operations was $850 million and free cash flow was $256 million
2026 guidance assumes three months of Soy Crush, Concentrates, and Lecithin results, with divestiture closing assumed March 31, 2026
Albemarle reported fourth-quarter 2025 net sales of $1.4 billion, up 16% year over year, but a net loss attributable to the company of $414 million, or $3.87 per diluted share, versus earnings of $0.29 per share a year earlier. The company said the loss reflects tax-related items and a write-down of assets tied to the expected Ketjen transaction value, and it introduced 2026 outlook scenarios based on lithium prices.
Q4 2025 net sales of $1.4 billion, up 16%; adjusted diluted loss per share of $0.53 versus $1.09 a year earlier
Q4 2025 net loss of $414 million, or $3.87 per diluted share, versus earnings of $0.29 per share in Q4 2024
2026 outlook at a lithium price of about $20 per kg (January 2026 average): net sales of $5.7 to $6.0 billion and adjusted EBITDA of $2.4 to $2.6 billion
Sale of a controlling stake in Ketjen is on track to close in Q1 2026
Crane NXT reported fourth quarter 2025 net sales of $476.9 million, up 19.5% from a year earlier, helped by the De La Rue acquisition. GAAP earnings per diluted share fell to $0.83 from $1.00, while adjusted EPS rose to $1.27 from $1.20. The company also introduced 2026 adjusted EPS guidance of $4.10 to $4.40 and raised its quarterly dividend about 6% to $0.18 per share.
Q4 2025 net sales $476.9 million, up 19.5%; core sales up 4.8%
Q4 GAAP EPS $0.83 vs $1.00 a year earlier; adjusted EPS $1.27 vs $1.20
Full year 2025 GAAP EPS $2.50 vs $3.19; adjusted EPS $4.06 vs $4.26
2026 adjusted EPS guidance $4.10 to $4.40; quarterly dividend $0.18 per share, payable March 11, 2026
Rayonier reported fourth quarter 2025 net income attributable to Rayonier of $25.9 million ($0.16 per share) on revenues of $117.5 million, down from $327.1 million ($2.15 per share) on $650.5 million a year earlier, when large timberland dispositions boosted results. Pro forma net income was $32.1 million ($0.20 per share), and full-year Adjusted EBITDA rose 8% to $248.0 million, while the company completed its merger with PotlatchDeltic on January 30, 2026 and gave initial 2026 segment guidance for the combined company.
Q4 2025 Adjusted EBITDA was $61.7 million, down 35% from $95.1 million a year earlier, as Real Estate closings in 2024 were concentrated in the fourth quarter.
Full-year 2025 pro forma net income was $89.2 million ($0.57 per share), compared with $45.8 million ($0.31 per share) in 2024.
2026 guidance includes full-year Real Estate Adjusted EBITDA of $180 to $200 million and first-quarter Real Estate Adjusted EBITDA of $30 to $35 million.
Southern Timber harvest volumes are expected at 12.1 to 12.6 million tons for 2026 for the combined company.
Paycom reported fourth-quarter and full-year 2025 results and gave 2026 guidance. Full-year revenue grew 9.0% to $2,051.7 million, while GAAP net income fell to $453.4 million, or $8.08 per diluted share, from $502.0 million, or $8.92, a year earlier. The company expects 2026 revenue of $2.175 billion to $2.195 billion, growth of 6% to 7%.
Q4 2025 revenue was $544.3 million, up 10.2% from $493.8 million; Q4 GAAP diluted EPS was $2.07 versus $2.02.
Full-year 2025 non-GAAP net income was $518.6 million, or $9.24 per diluted share, versus $8.21 in 2024.
2026 guidance: total revenue of $2.175 billion to $2.195 billion and adjusted EBITDA of $950 million to $970 million.
Total debt was $0 at December 31, 2025; the company paid $84.8 million in dividends and $325.5 million in share repurchases for the year.
QuidelOrtho reported fourth-quarter and full-year 2025 results. Q4 revenue rose 2.2% to $724 million, but the company posted a GAAP net loss of $131 million, while full-year revenue fell 1.9% to $2.73 billion. The company also issued 2026 guidance of $2.7 billion to $2.9 billion in revenue and $120 million to $160 million in free cash flow, and said CFO Joseph M. Busky will retire effective June 30, 2026.
Q4 2025 revenue was $724 million, up 2.2% as reported; GAAP net loss was $131 million, or $1.92 per diluted share, and adjusted diluted EPS was $0.46.
Full-year 2025 revenue was $2.73 billion, down 1.9%; GAAP net loss was $1.13 billion, including a $701 million goodwill impairment charge.
2026 guidance: revenue of $2.7 to $2.9 billion, adjusted EBITDA of $630 to $670 million, adjusted diluted EPS of $2.00 to $2.42, and free cash flow of $120 to $160 million.
CFO Joseph M. Busky will retire effective June 30, 2026, and will serve in an advisory role; the company has begun a search for a successor.
IRT's operating partnership signed a Sixth Amended and Restated Credit Agreement dated February 11, 2026, with KeyBank as administrative agent. The facility rises to $1.5 billion, with an option to increase it to $2.0 billion, and includes a new $350 million term loan maturing in February 2030 that will partly repay a $200 million 2026 term loan. The same day, IRT reported full-year 2025 EPS of $0.24 versus $0.17 and CFFO per share of $1.17 versus $1.16, and guided 2026 CFFO per share to $1.12 to $1.16.
Credit facility increased to $1.5 billion, with an option to raise it to $2.0 billion; new $350 million term loan matures February 2030
Applicable SOFR margin at closing was 77.5 basis points for the revolver and 85 basis points for the 2028 and 2030 term loans
Q4 2025 net income available to common shares was $33.3 million versus a net loss of $1.0 million a year earlier
2026 guidance: EPS of $0.21 to $0.28 and CFFO per share of $1.12 to $1.16, compared with $1.17 CFFO per share for full-year 2025
On February 11, 2026, T-Mobile updated the multi-year plan it first shared at its September 2024 Capital Markets Day, raising its 2027 service revenue and Core Adjusted EBITDA targets. It also set a new target of 18–19 million total broadband customers by 2030 and said it expects to roughly double Q1 2026 share repurchases to up to approximately $5.0 billion. The filing shows 2025 net income of $10.992 billion, down from $11.339 billion in 2024.
2027 service revenues are now expected at $80.5–$81.5 billion, up from prior expectations of $75.0–$76.0 billion.
2026 Core Adjusted EBITDA is expected at $37.0–$37.5 billion and 2027 at $40.0–$41.0 billion.
Q1 2026 share repurchases are now expected to be up to approximately $5.0 billion, and the 2026 stockholder return authorization is up to $14.6 billion.
Full-year 2025 net income was $10.992 billion, compared with $11.339 billion in 2024.
NNN REIT reported fourth-quarter and full-year 2025 results and initial 2026 guidance. Full-year revenue rose to $926.2 million from $869.3 million and Core FFO per diluted share rose to $3.41 from $3.32, but GAAP net earnings per diluted share fell to $2.07 from $2.15. The company guided 2026 AFFO per share to $3.52 to $3.58, which it says is a 3.2% increase at the midpoint over the prior year.
Full-year 2025 revenue was $926.2 million, up from $869.3 million in 2024; fourth-quarter revenue was $238.4 million, up from $218.5 million.
Full-year 2025 net earnings per diluted share were $2.07, down from $2.15; fourth-quarter net earnings per diluted share were $0.51, down from $0.52.
Full-year 2025 Core FFO per diluted share was $3.41 versus $3.32, and AFFO per diluted share was $3.44 versus $3.35.
Initial 2026 guidance: Core FFO per share $3.47 to $3.53 and AFFO per share $3.52 to $3.58.
BorgWarner reported fourth-quarter and full-year 2025 results and issued 2026 guidance. The fourth-quarter GAAP net loss of $262 million, or $(1.23) per diluted share, reflected $582 million of impairment charges, while adjusted earnings per share rose to $1.35 from $1.01. For shareholders, 2026 guidance calls for net sales of $14.0 billion to $14.3 billion, at or below 2025 sales of $14.3 billion, but adjusted earnings of $5.00 to $5.20 per diluted share compared with $4.91 in 2025.
Q4 2025 net sales were $3,572 million, up 3.9% from Q4 2024, with a GAAP net loss of $(1.23) per diluted share versus $(1.84) a year earlier.
Full-year 2025 GAAP EPS was $1.28 and adjusted EPS was $4.91, up approximately 14% from 2024; full-year impairment charges totaled $624 million.
2026 guidance: net sales of $14.0 billion to $14.3 billion, GAAP EPS of $4.74 to $4.91, and adjusted EPS of $5.00 to $5.20 per diluted share.
BorgWarner signed a master supply agreement with TurboCell, a subsidiary of Endeavour, for a turbine generator system; production is expected to begin in early 2027 with estimated first-year sales of more than $300 million.
Lithia & Driveway reported fourth quarter 2025 results, with revenue up 0.3% to $9.20 billion while diluted earnings per share fell 28% to $5.72 from $7.98. For the full year, revenue reached a record $37.63 billion and diluted EPS rose 10% to $32.32, and the company also declared a $0.55 per share dividend.
Q4 2025 revenue rose 0.3% to $9.20 billion; diluted EPS was $5.72, down 28%, and adjusted diluted EPS was $6.74, down 12%.
Full year 2025 revenue increased 4.0% to a record $37.63 billion; full year diluted EPS was $32.32, up 10%.
Board approved a $0.55 per share dividend, payable March 20, 2026 to shareholders of record on March 6, 2026.
The company repurchased $947 million of shares in 2025, or 11.4% of shares outstanding, with about $621.6 million remaining under the current authorization.
Chefs' Warehouse reported fourth-quarter 2025 net sales up 10.5% to $1.14 billion, while GAAP net income fell to $21.7 million from $23.9 million, reflecting an $8.0 million impairment charge on a customer relationship intangible asset. The company also issued fiscal 2026 guidance calling for net sales of $4.35 billion to $4.45 billion and adjusted EBITDA of $276 million to $286 million, which gives shareholders a revenue and profit outlook for the year ahead.
Q4 2025 net sales rose 10.5% to $1.14 billion from $1.03 billion in Q4 2024.
GAAP diluted EPS was $0.50, down from $0.55; adjusted diluted EPS rose to $0.68 from $0.55.
Adjusted EBITDA was $80.3 million, up from $68.2 million a year earlier.
Fiscal 2026 guidance: net sales of $4.35 billion to $4.45 billion; adjusted EBITDA of $276 million to $286 million.
T-Mobile reported fourth-quarter and full-year 2025 results and issued 2026 guidance. Total revenues rose 11.3% year over year in Q4 to $24.3 billion, but net income fell 29.5% to $2.1 billion and diluted EPS fell 26.8% to $1.88, with Q4 results including $293 million in after-tax severance costs. The company expects 2026 Core Adjusted EBITDA of $37.0 billion to $37.5 billion and Adjusted Free Cash Flow of $18.0 billion to $18.7 billion.
Q4 2025 total revenues of $24.3 billion, up 11.3% from Q4 2024; full-year 2025 revenues of $88.3 billion, up 8.5%
Q4 2025 net income of $2.1 billion and diluted EPS of $1.88, versus $2.98 billion and $2.57 in Q4 2024; net income included $293 million of after-tax severance costs
Core Adjusted EBITDA of $8.4 billion in Q4 2025 and Adjusted Free Cash Flow of $4.2 billion, up 2% year over year
2026 guidance: Core Adjusted EBITDA of $37.0 billion to $37.5 billion and Adjusted Free Cash Flow of $18.0 billion to $18.7 billion; a multi-year guidance update through 2027 is due at a separate Capital Markets Day Update event
Terex reported fourth-quarter 2025 net income of $63 million, or $0.95 per diluted share, compared with a loss of $0.03 per share a year earlier, on net sales of $1.3 billion, up 6.2%. For full-year 2025, diluted EPS fell to $3.33 from $4.96 as operating profit declined to $475 million, and the company guided 2026 EPS to $4.50 to $5.00 on sales of $7.5 billion to $8.1 billion, including the REV merger.
Q4 2025 operating profit was $137 million, up from $53 million in Q4 2024; Q4 bookings were $1.9 billion, up 32% year-over-year on a pro forma basis.
Full-year 2025 net sales were $5.4 billion, up 5.7%, while operating profit fell to $475 million from $526 million.
2026 outlook: sales of $7.5 billion to $8.1 billion, EBITDA of $930 million to $1 billion, and EPS of $4.50 to $5.00, compared with $4.80 to $5.20 for legacy Terex.
Full-year 2025 free cash flow was $325 million, up from $190 million in 2024.
Martin Marietta reported fourth-quarter 2025 revenues of $1.53 billion, up 9%, and gross profit of $468 million, up 10%. Diluted earnings per share from continuing operations fell 4% to $3.85, and for the full year fell 45% to $16.34, a decline the filing ties in part to a $1.3 billion gain on a 2024 divestiture; the company also issued 2026 revenue guidance of $6.42 billion to $6.78 billion.
Q4 2025 revenues were $1,534 million vs. $1,412 million; gross profit was $468 million vs. $424 million.
Q4 2025 diluted EPS from continuing operations was $3.85, vs. $4.03 a year earlier.
Full-year 2025 revenues were $6.15 billion, up 9%; diluted EPS from continuing operations was $16.34, vs. $29.50 in 2024.
2026 guidance: revenues of $6,420 million to $6,780 million; net earnings from continuing operations attributable to Martin Marietta of $1,043 million to $1,158 million.
Generac reported fourth-quarter 2025 net sales down 12% to $1.09 billion and a net loss of $24 million, or $0.42 per share, after a $104.5 million legal settlement provision. The company initiated 2026 guidance calling for net sales growth in the mid-teens percent range, driven by data center demand and the Allmand acquisition.
Q4 net sales fell 12% to $1.09 billion from $1.23 billion; residential product sales fell about 23% to $572 million while C&I product sales rose about 10% to $400 million.
Q4 net loss attributable to the company was $24 million, or $0.42 per share, versus net income of $117 million, or $2.15 per share, a year earlier.
Full-year 2025 net income was $160 million, or $2.69 per share, down from $316 million, or $5.39 per share, in 2024.
For 2026, the company expects net sales growth in the mid-teens percent range and an adjusted EBITDA margin of about 18.0% to 19.0%.
SAIC reported preliminary unaudited results for fiscal 2026 and cut its fiscal 2027 revenue guidance to $7.0 billion-$7.2 billion from $7.35 billion-$7.55 billion, now expecting an organic revenue decline of 2% to 4%. The company cited two unfavorable recompete award decisions and procurement delays. FY2026 adjusted EBITDA and adjusted diluted EPS came in above prior expectations, but revenue was modestly below, and FY2027 adjusted EBITDA guidance was lowered.
FY2026 revenue of about $7.26 billion, versus prior guidance of $7.275 billion-$7.325 billion; adjusted EBITDA of about $705 million, versus prior about $695 million
FY2026 adjusted diluted EPS of $10.40-$10.60, versus prior $9.80-$10.00; free cash flow of $570 million-$575 million, versus prior above $550 million
FY2027 adjusted EBITDA guidance of $705 million-$715 million, down from $725 million-$735 million; adjusted EBITDA margin raised to 9.9%-10.1% from 9.7%-9.9%
Full fourth quarter and fiscal 2026 results are scheduled for March 16, 2026, before market open; CFO Prabu Natarajan presents at the TD Cowen conference on February 11, 2026 at 4:20 PM ET
Blackstone Mortgage Trust reported fourth-quarter and full-year 2025 results on February 11, 2026. Fourth-quarter GAAP net income per share rose to $0.24 from $0.21 a year earlier, but Distributable EPS was $(2.07) after $433.9 million of CECL reserve charge-offs. Before those charge-offs, Distributable EPS was $0.51, which covered the $0.47 per share dividend.
Q4 GAAP EPS $0.24 vs. $0.21 in Q4 2024; Q4 total net revenues $159.3 million vs. $114.4 million
Q4 Distributable EPS $(2.07), including $433.9 million of CECL reserve charge-offs; before charge-offs, $0.51
Full-year 2025 net income attributable to the company was $110 million, vs. a net loss of $204.1 million in 2024
Q4 dividend of $0.47 per share; book value per share $20.75 at December 31, 2025, vs. $20.99 at September 30, 2025
Smurfit Westrock reported fourth quarter 2025 net sales of $7,580 million, up from $7,539 million a year earlier, but net income fell to $98 million from $146 million and basic EPS fell to $0.19 from $0.28. For the full year, net income rose to $699 million from $319 million, and the company guided to first quarter 2026 Adjusted EBITDA of $1.1 billion to $1.2 billion and full year 2026 Adjusted EBITDA of $5.0 billion to $5.3 billion. The company also released 2030 financial targets and capital allocation priorities, and declared a quarterly dividend of $0.4523 per share, an increase of 5%.
Q4 2025: net sales $7,580 million (Q4 2024: $7,539 million); net income $98 million (Q4 2024: $146 million); Adjusted EBITDA $1,172 million (Q4 2024: $1,166 million)
Full year 2025: net sales $31,179 million (2024: $21,109 million); net income $699 million (2024: $319 million); basic EPS $1.34 (2024: $0.83); Adjusted Basic EPS $2.05 (2024: $2.34)
Guidance: Q1 2026 Adjusted EBITDA of $1.1 billion to $1.2 billion; full year 2026 Adjusted EBITDA of $5.0 billion to $5.3 billion
Quarterly dividend of $0.4523 per share, up 5%, payable March 18, 2026 to holders of record on February 17, 2026
Parsons reported fourth-quarter and full-year 2025 results on February 11, 2026. Full-year revenue fell 6% to $6.4 billion, driven by a 20% decline in Federal Solutions, while net income rose 3% to $241 million and diluted EPS rose to $2.20 from $2.12. The company also set fiscal 2026 revenue guidance of $6.5 billion to $6.8 billion, with adjusted EBITDA of $615 million to $675 million.
Q4 2025 revenue was $1.6 billion, down 8% year over year; net income was $56 million, up 3%, and diluted EPS was $0.51 versus $0.49.
Fiscal 2025 revenue was $6.4 billion, down 6%; net income was $241 million, up 3%, and diluted EPS was $2.20 versus $2.12.
Federal Solutions full-year revenue fell $786 million, or 20%, to $3.2 billion, mainly due to lower volume on a fixed-price confidential contract.
Fiscal 2026 guidance: revenue $6.5 billion to $6.8 billion; adjusted EBITDA $615 million to $675 million; operating cash flow $470 million to $530 million.
Solstice Advanced Materials reported fourth quarter 2025 net sales of $987 million, up 8% from a year earlier, but net income attributable to the company fell 69% to $41 million and Adjusted Standalone EBITDA fell 20% to $189 million. The company also issued 2026 guidance of $3.9 billion to $4.1 billion in net sales and $975 million to $1.025 billion in Adjusted EBITDA, and declared its first quarterly dividend of $0.075 per share.
Q4 2025 net sales were $987 million, up 8%; net income attributable to Solstice was $41 million, versus $133 million in Q4 2024.
Full-year 2025 net sales were $3.9 billion, up 3%; net income attributable to Solstice was $237 million, versus $594 million in 2024.
2026 guidance: net sales of $3.9 billion to $4.1 billion, Adjusted EBITDA of $975 million to $1,025 million, and Adjusted Diluted EPS of $2.45 to $2.75.
Quarterly dividend of $0.075 per share: record date February 24, 2026; payment date March 10, 2026.
Hilton reported fourth-quarter and full-year 2025 results on February 11, 2026, and issued 2026 outlook. Q4 adjusted diluted EPS rose to $2.08 from $1.76, and Adjusted EBITDA rose to $946 million from $858 million, but GAAP diluted EPS fell to $1.27 from $2.06 and net income fell to $298 million from $505 million. The company projects 2026 adjusted diluted EPS of $8.65 to $8.77 and Adjusted EBITDA of $4,000 million to $4,040 million.
Q4 2025 total revenues were $3,087 million, up from $2,783 million; system-wide comparable RevPAR rose 0.5 percent.
Full-year 2025 diluted EPS was $6.12 and adjusted diluted EPS was $8.11, versus $6.14 and $7.12 in 2024.
2026 outlook: net income of $1,982 million to $2,011 million and capital return of approximately $3.5 billion.
In January 2026 the board authorized an additional $3.5 billion for share repurchases.
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.