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).
Nicolet Bankshares completed its merger with MidWest One Financial Group effective February 13, 2026, with MidWest One merging into Nicolet and issuing about 6.6 million Nicolet shares to MidWest One holders. The company said the deal adds about $6 billion in assets, raising total assets to about $15 billion, and the board was expanded to twelve members with four former MidWest One directors joining.
Merger effective February 13, 2026; each MidWest One share converted into 0.3175 Nicolet shares
About 6.6 million Nicolet shares issued, valued at $155.19 per share based on the February 13, 2026 NYSE closing price
Board set at twelve members: eight Nicolet directors and four former MidWest One directors (Tracy S. McCormick, Carl J. Chaney, Janet E. Godwin, Matthew J. Hayek)
MidWest One Bank will operate as a division until a planned system conversion in August 2026
Fidelity National Financial reported fourth quarter 2025 results on February 19, 2026. The company posted a net loss attributable to common shareholders of $117 million, or $0.43 per diluted share, compared with net earnings of $450 million, or $1.65 per share, a year earlier. The loss reflects a $471 million noncash deferred tax charge tied to the December 31, 2025 distribution of F&G shares to FNF shareholders, while adjusted net earnings rose to $382 million, or $1.41 per share.
Q4 2025 net loss attributable to common shareholders was $117 million, or $0.43 per diluted share, including a $471 million noncash deferred income tax charge
Q4 2025 adjusted net earnings were $382 million, or $1.41 per share, versus $366 million, or $1.34 per share, in Q4 2024
Total revenue was $4,051 million for Q4 2025, compared with $3,621 million for Q4 2024
FNF returned about $170 million to shareholders in Q4 2025 through $140 million of dividends and $30 million of share repurchases
RingCentral reported fourth-quarter and full-year 2025 results on February 19, 2026, with total revenue up 5% in both periods and GAAP net income per diluted share of $0.26 for the quarter, compared with a loss of $0.08 a year earlier. The Board also initiated a quarterly cash dividend of $0.075 per share, payable March 16, 2026, and the company raised its share repurchase authorization to $500 million.
Q4 2025 total revenue was $644 million, up from $615 million; GAAP operating income was $42 million versus $16 million a year earlier.
Full-year 2025 total revenue was $2.515 billion, up from $2.400 billion; GAAP net income per diluted share was $0.48 versus a loss of $0.63 in 2024.
Quarterly dividend of $0.075 per share is payable March 16, 2026 to holders of record on March 9, 2026.
For fiscal 2026, guidance calls for total revenue growth of about 4% to 5% and non-GAAP EPS of $4.76 to $4.97.
Chemours reported a fourth-quarter 2025 net loss of $47 million, or $0.31 per diluted share, versus a $11 million loss a year earlier, on net sales of $1.3 billion, down 2%. For full year 2025, the company posted a $386 million net loss ($2.57 per diluted share) after net income of $69 million in 2024, driven by litigation-related charges. The company also guided to 2026 adjusted EBITDA of $800 million to $900 million, which shareholders can use as a benchmark for future results.
Q4 2025 net loss attributable to Chemours was $47 million, or $0.31 per diluted share, vs. a $11 million loss, or $0.08 per share, a year earlier
Q4 2025 adjusted EBITDA was $128 million, down from $168 million; full year adjusted EBITDA was $742 million vs. $768 million
Full year 2026 outlook calls for net sales growth of 3% to 5% and adjusted EBITDA of $800 million to $900 million
Sale of the former Kuan Yin TiO2 site was announced January 15, 2026, for approximately $300 million in net proceeds
World Kinect reported a fourth-quarter 2025 GAAP net loss of $280 million, or $5.11 per diluted share, after $247 million of impairments and $77 million of restructuring and exit costs, with revenue down 7% from a year earlier. For the full year, GAAP net loss was $614 million, or $10.99 per share, and adjusted EPS fell 12% to $1.91, while the company guided to 2026 adjusted EPS of $2.20 to $2.40.
Q4 2025 revenue was $9.03 billion, down 7%, and adjusted diluted EPS was $0.30 versus $0.62 a year earlier.
Full-year 2025 revenue was $36.92 billion, down 12%, and adjusted diluted EPS was $1.91 versus $2.18.
Q4 included $247 million of non-cash impairments, of which $169 million was goodwill, mainly in the Land segment.
For full-year 2026, the company expects adjusted diluted EPS in the range of $2.20 to $2.40.
Park Hotels & Resorts reported a fourth-quarter 2025 net loss of $204 million, or $(1.04) per diluted share, compared with net income of $73 million a year earlier, after $248 million of impairment expense mainly tied to Non-Core hotels. Adjusted EBITDA rose 10.1% to $152 million, and full-year 2025 Adjusted EBITDA fell 6.6% to $609 million. The company also gave a 2026 outlook of $580 million to $610 million in Adjusted EBITDA and named CFO Sean M. Dell'Orto as Chief Operating Officer while keeping his CFO role.
Q4 2025 comparable RevPAR was $182.49, up 0.8% year over year; full-year comparable RevPAR was $185.00, down 2.0%
Full-year 2025 net loss was $(277) million, or $(1.43) per diluted share, including $318 million of impairment expense
2026 outlook: Adjusted EBITDA of $580 million to $610 million and diluted EPS of $0.31 to $0.46
Dell'Orto was appointed COO effective February 12, 2026, with base salary raised to $675,000; he remains EVP, CFO and Treasurer
PTC Therapeutics reported fourth-quarter 2025 total revenue of $164.7 million, down from $213.2 million a year earlier, and a net loss of $135.0 million, wider than the $65.9 million loss in the prior-year quarter. For the full year, total revenue rose to $1,730.7 million and net income was $682.6 million, but both figures were lifted by a $998.4 million Novartis votoplam collaboration and license revenue item. The company also issued 2026 total product revenue guidance of $700 million to $800 million.
Q4 2025 total revenue was $164.7 million versus $213.2 million in Q4 2024; Q4 net loss was $135.0 million versus $65.9 million.
Q4 results include a $98.6 million change in the Translarna France sales allowance estimate, a life-to-date adjustment.
Full-year 2025 net income was $682.6 million, or $7.78 per diluted share, versus a net loss of $363.3 million in 2024.
2026 guidance: total product revenue of $700 million to $800 million, with the majority expected from Sephience.
Employers Holdings, Inc. (NYSE: EIG) reported a fourth-quarter 2025 net loss of $23.4 million, or $1.06 per diluted share, compared with net income of $28.3 million a year earlier. For full-year 2025, net income fell to $10.8 million, or $0.46 per diluted share, from $118.6 million, and the GAAP combined ratio rose to 110.9% from 97.9%. The company also declared a $0.32 quarterly dividend and completed a $125 million share repurchase plan.
Q4 2025 net loss of $(23.4) million ($(1.06) per diluted share), versus net income of $28.3 million ($1.14 per diluted share) in Q4 2024
Full-year 2025 net income of $10.8 million ($0.46 per diluted share), versus $118.6 million ($4.71 per diluted share) in 2024
Q4 net realized and unrealized investment losses of $49.7 million, which the company says resulted from a fourth-quarter investment rebalancing
Board declared a first-quarter 2026 dividend of $0.32 per share, payable March 18, 2026, to holders of record as of March 4, 2026
Tandem Diabetes reported fourth-quarter and full-year 2025 results on February 19, 2026, and gave 2026 guidance. Worldwide sales rose 3% in the quarter to $290.4 million and 8% for the year to $1.015 billion, but the full-year GAAP net loss grew to $204.7 million from $96.0 million, including a $75.2 million acquired in-process research and development charge. The company expects 2026 sales of $1.065 billion to $1.085 billion, which would be above 2025 sales.
Q4 2025 GAAP operating income was $8.3 million, compared with an operating loss of $0.6 million a year earlier; Q4 net loss was $0.6 million versus net income of $0.8 million.
Full-year 2025 GAAP net loss was $204.7 million, or $3.04 per share, compared with $96.0 million, or $1.47 per share, in 2024.
2026 guidance: sales of $1.065 billion to $1.085 billion, gross margin of 56% to 57%, and adjusted EBITDA margin of 5% to 6%.
The company is moving to a pay-as-you-go model in the U.S. pharmacy channel, which the filing says creates a $70 million to $80 million headwind in 2026.
WillScot reported fourth-quarter 2025 revenue of $566 million, down from $603 million a year earlier, and a net loss of $187 million, driven mainly by a $302 million non-cash restructuring charge tied to its Network Optimization Plan. The company also gave 2026 guidance of approximately $2.175 billion in revenue and $900 million in Adjusted EBITDA, compared with $2.28 billion and $971 million for full-year 2025.
Q4 2025 diluted EPS was $(1.03) versus $0.48 a year earlier; Adjusted Diluted EPS was $0.29 versus $0.49.
The $302 million restructuring charge reflects accelerated depreciation on rental equipment identified for abandonment; the Board approved the plan on December 18, 2025.
The plan is expected to reduce annual real estate cost increases by approximately $25 million to $30 million over the next four years.
Full-year 2025 net loss was $53 million, and the company paid down $146 million of debt.
Newmont reported fourth-quarter 2025 adjusted net income of $2.8 billion, or $2.52 per diluted share, up from $1.9 billion, or $1.71, in the prior quarter, while GAAP net income fell to $1,301 million after a $779 million impairment and higher taxes. For 2026, it expects attributable gold production of about 5.3 million ounces and gold by-product all-in sustaining costs of $1,680 per ounce, compared with 5.9 million ounces and $1,358 per ounce in 2025, so output is guided lower and unit costs higher.
Q4 2025 net income attributable to stockholders was $1,301 million ($1.19 per diluted share), down $531 million from Q3, including a $779 million impairment tied to the Yanacocha Sulfides project deferral.
Full-year 2025 adjusted net income was $7.6 billion ($6.89 per diluted share), and free cash flow was $7.3 billion.
2026 guidance: attributable gold production of about 5.3 million ounces and gold by-product AISC of $1,680 per ounce.
Board declared a $0.26 per share dividend for Q4 2025, payable March 26, 2026; 2026 sustaining capital is about $1.95 billion and development capital about $1.4 billion.
LegalZoom reported full-year 2025 revenue of $756.0 million, up 11%, and 2026 revenue guidance of $805 million to $825 million, about 8% growth at the midpoint. Net income fell 49% to $15.4 million, and the Board approved a $100 million increase to the stock repurchase program. Shareholders get a mix of top-line growth and guidance alongside lower reported profit and a larger buyback authorization.
Full-year 2025 revenue was $756.0 million, up 11%; net income was $15.4 million, down from $30.0 million in 2024.
Q4 2025 revenue was $190.3 million, up 18%; Q4 net income was $6.1 million, compared with $12.9 million a year earlier.
2026 guidance: revenue of $805 million to $825 million and Adjusted EBITDA of $190 million to $200 million.
The Board approved a $100 million increase to the stock repurchase program, which has no fixed expiration date.
Comfort Systems USA reported fourth-quarter 2025 net income of $330.8 million, or $9.37 per diluted share, up from $145.9 million, or $4.09, a year earlier, on revenue of $2.65 billion. Backlog stood at $11.94 billion at year-end, and the board declared a quarterly dividend of $0.70 per share, a $0.10 increase, which raises the cash payout to shareholders.
Q4 2025 net income $330.8 million, or $9.37 per diluted share, versus $145.9 million, or $4.09, in Q4 2024.
Q4 2025 revenue $2.65 billion versus $1.87 billion a year earlier; backlog $11.94 billion at December 31, 2025, versus $9.38 billion at September 30, 2025.
Full-year 2025 net income $1.02 billion, or $28.88 per diluted share, versus $522.4 million, or $14.60, in 2024; the tax provision includes a $0.25 per share benefit from interest on a prior-year tax refund.
Quarterly dividend of $0.70 per share, up from $0.60, payable March 17, 2026, to holders of record on March 6, 2026.
Old National Bancorp raised its quarterly common stock dividend 3.6% to $0.145 per share and approved a share repurchase program of up to $400 million, replacing a $200 million program. The company also disclosed that four directors will retire at the May 13, 2026 annual meeting, and the board will shrink from 16 to 12 members. For shareholders, the filing points to higher cash returns, though the company says the buyback does not commit it to repurchase any shares.
Quarterly common dividend increased 3.6% to $0.145 per share, payable March 16, 2026, to holders of record as of March 5, 2026.
Share repurchase authorization of up to $400 million replaces the prior $200 million program, which was set to expire February 28, 2026; the new program runs until February 28, 2027.
Quarterly dividend of $17.50 per share declared on Series A and Series C preferred stock, payable May 20, 2026.
Directors Austin M. Ramirez, Ellen A. Rudnick, Rebecca S. Skillman and Stephen C. Van Arsdell will retire at the 2026 annual meeting on May 13, 2026; board size reduced from 16 to 12.
GATX reported fourth-quarter 2025 net income of $97.0 million, or $2.66 per diluted share, up from $76.5 million, or $2.10, a year earlier. Full-year net income was $333.3 million, or $9.12 per diluted share, compared with $284.2 million, or $7.78 in 2024. The board raised the quarterly dividend 8.2% to $0.66 per share and approved a new $300 million share repurchase authorization, and the company gave 2026 guidance of $9.50 to $10.10 per diluted share.
Q4 2025 net income $97.0 million, or $2.66 per diluted share, vs. $76.5 million, or $2.10, in Q4 2024
Full-year 2025 net income $333.3 million, or $9.12 per diluted share, vs. $284.2 million, or $7.78, in 2024
2026 earnings guidance of $9.50 to $10.10 per diluted share, including $0.20 to $0.30 from the Wells Fargo transaction
Quarterly dividend of $0.66 per share payable March 31, 2026, to holders of record March 2, 2026; new $300 million buyback authorization
Radian reported fourth-quarter 2025 net income from continuing operations of $159 million, or $1.15 per diluted share, down from $164 million a year earlier, while revenue rose to $301 million. For the full year, net income from continuing operations fell to $618 million from $660 million, though diluted EPS rose to $4.39 from $4.28. Radian also completed its $1.67 billion acquisition of Inigo on February 2, 2026.
Q4 2025 net income from continuing operations was $159 million, or $1.15 per diluted share, versus $164 million, or $1.08, in Q4 2024.
Full-year 2025 net income from continuing operations was $618 million, or $4.39 per diluted share, versus $660 million, or $4.28, in 2024.
Q4 2025 total revenues were $301 million versus $293 million a year earlier; adjusted pretax operating income was $204 million versus $220 million.
Radian completed its acquisition of Inigo Limited on February 2, 2026, for $1.67 billion in a primarily all-cash transaction.
LKQ reported fourth quarter 2025 revenue of $3.3 billion, up 2.7%, but Q4 diluted EPS fell 50.0% to $0.29 and adjusted diluted EPS fell 24.4% to $0.59. For full year 2025, revenue declined 1.3% to $13.7 billion and diluted EPS fell 8.7% to $2.31, and the company gave 2026 guidance of $2.90 to $3.20 adjusted diluted EPS. The Board also started a strategic review of alternatives on January 26, 2026, with no deadline and no assurance of any transaction.
Q4 2025 diluted EPS $0.29 vs. $0.58 a year earlier; adjusted diluted EPS $0.59 vs. $0.78, which included a $35 million pre-tax legal settlement benefit in Q4 2024
Full year 2025 revenue $13.7 billion, down 1.3%; diluted EPS $2.31 vs. $2.53
2026 outlook: adjusted diluted EPS $2.90 to $3.20; free cash flow $700 million to $850 million; organic parts and services revenue growth of (0.5%) to 1.5%
Restructuring plan expected to bring $60 million to $70 million in charges and more than $50 million in annualized savings
Six Flags reported fourth-quarter 2025 net revenues of $650 million, down 5% from a year earlier, with attendance down 13% to 9.3 million guests. The net loss attributable to the company narrowed to $92 million, or $0.91 per diluted share, from $264 million, while Adjusted EBITDA fell to $165 million from $209 million. For the full year, the company reported a net loss attributable to shareholders of $1.60 billion, including a $1.5 billion non-cash impairment charge, and CEO John Reilly said 2025 results fell short of expectations.
Q4 2025 net revenues were $650 million, down $37 million (5%) from $687 million in Q4 2024; attendance fell 13% to 9.3 million.
Q4 2025 net loss attributable to the company was $92 million, or $0.91 per diluted share, versus a $264 million loss ($2.76 per diluted share) in Q4 2024.
Q4 2025 Adjusted EBITDA was $165 million, a $43 million decline from $209 million in Q4 2024.
Full-year 2025 net loss attributable to the company was $1.60 billion, including a $1.5 billion non-cash goodwill and intangibles impairment; net debt was $5.11 billion at Dec. 31, 2025.
Laureate reported fourth-quarter 2025 revenue of $541.4 million, up 28%, and operating income of $179.5 million, up from $124.2 million. For full-year 2025, revenue rose 9% to $1,701.9 million, but net income fell to $283.8 million from $296.4 million, mainly due to foreign exchange effects. The board also raised its share repurchase authorization by $150 million to $400 million and gave 2026 revenue and Adjusted EBITDA guidance above 2025 levels.
Q4 2025 operating income was $179.5 million versus $124.2 million; diluted EPS was $1.17 versus $0.62, including a $56.9 million discrete tax benefit.
Full-year 2025 diluted EPS was $1.89 versus $1.92; Adjusted EBITDA rose to $518.9 million from $450.1 million.
2026 outlook: revenue of $1,890 million to $1,905 million and Adjusted EBITDA of $583 million to $593 million; Adjusted EPS of $1.95 to $2.03.
Board raised the buyback program from $250 million to $400 million; about $181 million remains available after $219 million of cumulative repurchases.
Brady Corporation reported fiscal 2026 second-quarter sales of $384.1 million, up 7.7% from $356.7 million a year earlier, and diluted EPS of $1.01 versus $0.83. It also raised the low end of its full-year fiscal 2026 EPS guidance, which matters to shareholders because the company now expects a narrower range on both GAAP and adjusted diluted EPS.
Q2 sales rose 7.7% to $384.1 million, with organic growth of 1.6%, acquisitions adding 2.3%, and currency adding 3.8%.
Adjusted diluted EPS rose 9.0% to $1.09 from $1.00; GAAP diluted EPS was $1.01 versus $0.83.
Adjusted diluted EPS guidance for the year ending July 31, 2026 is now $4.95 to $5.15, up from $4.90 to $5.15; GAAP guidance is now $4.62 to $4.82, up from $4.57 to $4.82.
Etsy reported fourth quarter 2025 revenue of $881.6 million, up 3.5% from a year earlier as reported, while net income fell 14.8% to $110.7 million and diluted earnings per share fell to $0.92 from $1.03. The company also agreed to sell its Depop unit to eBay for $1.2 billion in cash, with closing expected in the second quarter of 2026, and guided to slight gross merchandise sales growth for 2026 on continuing operations.
Q4 2025 gross merchandise sales (GMS) were $3.59 billion, down 3.8% as reported and up 2.4% excluding Reverb, which Etsy sold on June 2, 2025.
Full-year 2025 net income was $163.0 million, down 46.3%, and diluted EPS was $1.39 versus $2.35 in 2024.
Etsy agreed to sell Depop to eBay Inc. for $1.2 billion in cash; closing is expected in the second quarter of 2026.
First quarter 2026 GMS guidance is $2.38 billion to $2.43 billion, with the company expecting slight GMS growth for full-year 2026.
Cushman & Wakefield reported fourth-quarter 2025 revenue of $2.9 billion, its highest fourth quarter in company history, but swung to a net loss of $22.4 million after a $177.0 million impairment on its Greystone joint venture. For the full year, revenue rose 9% to $10.3 billion and adjusted diluted earnings per share rose 34% to $1.22, while GAAP net income fell $43.1 million to $88.2 million.
Q4 2025 net loss of $22.4 million, or $0.10 per diluted share, versus net income of $112.9 million, or $0.48 per diluted share, in Q4 2024
Q4 2025 included a one-time $177.0 million other-than-temporary impairment on the Greystone JV equity method investment
Q4 2025 adjusted diluted EPS of $0.54, up $0.06 or 13%; full-year 2025 adjusted diluted EPS of $1.22, up 34%
Full-year 2025 free cash flow of $293.0 million, up $126.0 million; $300.0 million of term loan principal prepaid and liquidity of $1.8 billion at December 31, 2025
Walmart reported fourth-quarter revenue of $190.7 billion, up 5.6%, and operating income of $8.7 billion, up 10.8%, for the quarter ended January 31, 2026. GAAP earnings per share fell to $0.53 from $0.65 because of a $2.1 billion loss in other gains and losses, while the company announced a new $30 billion share repurchase authorization and guided fiscal 2027 adjusted EPS to $2.75 to $2.85.
Q4 revenue of $190.7 billion, up 5.6%; operating income of $8.7 billion, up 10.8%.
Q4 GAAP diluted EPS of $0.53 versus $0.65 a year earlier; adjusted EPS of $0.74 excludes a $0.21 net loss on equity and other investments.
New $30 billion share repurchase authorization announced in February 2026, replacing the remaining capacity under the November 2022 authorization.
FY27 guidance: adjusted EPS of $2.75 to $2.85 versus FY26 adjusted EPS of $2.64; net sales (cc) expected to grow 3.5% to 4.5%.
DT Midstream reported full-year 2025 net income of $441 million, or $4.30 per diluted share, up from $354 million, or $3.60, in 2024. The company also issued 2026 Adjusted EBITDA guidance of $1.155 billion to $1.225 billion and raised its quarterly dividend 7% to $0.88 per share. For shareholders, higher annual earnings and a larger dividend are offset only slightly by fourth-quarter net income of $111 million, below $115 million in the third quarter.
Full-year 2025 net income was $441 million, or $4.30 per diluted share, compared with $354 million, or $3.60, in 2024
Fourth-quarter 2025 net income was $111 million, or $1.08 per diluted share, compared with $115 million, or $1.13, in the third quarter
2026 Adjusted EBITDA guidance is $1.155 billion to $1.225 billion; 2027 early outlook is $1.225 billion to $1.295 billion
Quarterly dividend increased 7% to $0.88 per share, payable April 15, 2026, to stockholders of record on March 16, 2026
TechnipFMC reported fourth-quarter 2025 revenue of $2.5 billion, up 6.3% from a year earlier, with diluted earnings per share of $0.59 versus $0.52 a year earlier. Results fell from the third quarter, with revenue down 4.9% and diluted EPS down from $0.75, and the company raised its 2026 Subsea revenue and adjusted EBITDA margin guidance.
Q4 2025 revenue was $2,517.0 million, up 6.3% year over year and down 4.9% from the third quarter
Q4 diluted EPS was $0.59 (GAAP) and $0.70 (adjusted), versus $0.52 in Q4 2024; net income was $242.7 million
Subsea 2026 revenue guidance raised to $9.2-9.6 billion from $9.1-9.5 billion; adjusted EBITDA margin guidance raised to 21-22% from 20.5-22%
Full-year 2025 revenue was $9.9 billion, up 9.4%; 2026 free cash flow guidance is $1.3-1.45 billion
Hims & Hers agreed to acquire all issued capital of Australian digital health company Eucalyptus for up to about $1.15 billion, including upfront, deferred and earnout payments. The company may pay part of the deferred and earnout amounts in its Class A common stock, which would add shares outstanding, and closing is expected in the middle of 2026, subject to regulatory and other conditions.
Upfront payments of about $240 million are due at closing, with deferred payments of about $710 million and earnout payments of up to about $200 million.
Hims & Hers may settle up to about 60% of the deferred and earnout payments in Class A common stock at its discretion.
Closing is anticipated in the middle of fiscal year 2026 and is subject to regulatory approvals, key contract consents and other conditions.
The company said it expects to fund most of the transaction with existing cash and future U.S. operating cash flow.
Targa Resources reported record fourth-quarter and full-year 2025 results, with full-year net income attributable to the company rising to $1,923 million from $1,312 million. The company estimates 2026 adjusted EBITDA of $5.4 billion to $5.6 billion and intends to recommend a 25% increase in its common dividend to $5.00 per share annualized.
Full-year 2025 net income attributable to Targa was $1,923 million, up from $1,312 million in 2024; adjusted EBITDA was $4,957 million, up 20%.
Fourth-quarter 2025 net income attributable to Targa was $545 million, up from $351 million; adjusted EBITDA was $1,341 million, up from $1,122 million.
Estimates 2026 adjusted EBITDA of $5.4 billion to $5.6 billion and net growth capital expenditures of approximately $4.5 billion.
Intends to recommend a quarterly common dividend of $1.25 per share ($5.00 annualized) for the first quarter of 2026, payable in May 2026.
YETI Holdings announced that Scott Bomar, previously Senior Vice President of Finance at The Home Depot, will become Senior Vice President, Chief Financial Officer and Treasurer effective February 23, 2026, and will also serve as principal accounting officer. Current CFO Michael McMullen's role ends on the same date; he will serve as a consultant until May 31, 2026, and the filing discloses no financial results.
Scott Bomar's annual base salary is $725,000, with a 2026 short-term incentive target of 100% of base and a long-term incentive target of 250% of base.
Bomar receives a $500,000 sign-on bonus, sign-on RSUs valued at $2,500,000 (time-based) and $1,000,000 (performance-based), and a $100,000 relocation bonus.
Michael McMullen, who was informed on February 13, 2026 that his role would end, will receive Senior Leadership Severance Benefits Plan benefits and consulting fees of $10,000 per month, $30,000 in total, through May 31, 2026.
Deere reported first-quarter fiscal 2026 net income of $656 million, or $2.42 per share, down from $869 million, or $3.19 per share, a year earlier, even though net sales and revenues rose 13% to $9,611 million. The company raised its fiscal 2026 net income forecast to a range of $4.5 billion to $5.0 billion, which matters to shareholders because profit fell sharply in the quarter while sales grew.
Net income was $656 million, down 25% from $869 million; diluted EPS was $2.42 versus $3.19.
Net sales and revenues rose 13% to $9,611 million, with Construction & Forestry sales up 34% and Small Agriculture & Turf sales up 24%.
Production & Precision Agriculture operating profit fell 59% to $139 million, with operating margin at 4.4% versus 11.0%, citing higher tariffs, unfavorable sales mix and higher warranty expenses.
Fiscal 2026 net income guidance is $4.5 billion to $5.0 billion; the company expects Production & Precision Ag net sales to be down 5 to 10%.
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.