815 material Form 8-K filings that 659 companies we cover made with the SEC in March 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).
Berkshire Hathaway reported fourth-quarter 2025 net earnings attributable to shareholders of $19.2 billion, down from $19.7 billion a year earlier, and full-year net earnings of $67.0 billion, down from $89.0 billion in 2024. Operating earnings also declined, to $10.2 billion in the quarter from $14.5 billion and to $44.5 billion for the year from $47.4 billion. The company said quarterly investment gains and losses, which include unrealized market changes, can make per-share figures misleading.
Q4 2025 net earnings were $19.2 billion versus $19.7 billion in Q4 2024; Q4 operating earnings were $10.2 billion versus $14.5 billion.
Full-year 2025 net earnings were $67.0 billion versus $89.0 billion in 2024; full-year operating earnings were $44.5 billion versus $47.4 billion.
Net earnings per Class B share were $8.90 in Q4 2025 versus $9.13 in Q4 2024, and $31.04 for the full year versus $41.27.
Other-than-temporary impairments on Kraft Heinz and Occidental reduced 2025 earnings by $4.5 billion in Q4 and $8.3 billion for the full year; insurance float was about $176 billion at December 31, 2025.
Tidewater reported fourth-quarter 2025 revenue of $336.8 million, down 2.4% from a year earlier, while net income attributable to the company rose to $219.9 million ($4.41 per diluted share) from $36.9 million, mainly because of a non-cash deferred tax benefit of $201.5 million. The company also updated its 2026 revenue guidance to $1.43 billion to $1.48 billion, pro forma for the pending Wilson Sons Ultratug acquisition, which it said assumes a mid-year close.
Q4 2025 revenue of $336.8 million, down from $345.1 million in Q4 2024; Q4 Adjusted EBITDA of $143.1 million
Q4 net income of $219.9 million ($4.41 per diluted share), versus $36.9 million ($0.70 per diluted share) a year earlier, helped by a $201.5 million non-cash deferred tax benefit
2026 revenue guidance set at $1.43 billion to $1.48 billion, with gross margin guidance of 49% to 51%, pro forma for the Wilson Sons Ultratug acquisition
Full-year 2025 revenue of $1,352.8 million, up 0.5%; the company has $500 million remaining in its share repurchase authorization
Alamo Group reported fourth quarter 2025 net sales of $373.7 million, down 3.0% from a year earlier, and fully diluted EPS of $1.28 versus $2.33. For the full year, net sales fell 1.5% to $1,603.7 million and diluted EPS fell to $8.59 from $9.63, while the company raised its quarterly dividend 13.3% to $0.34 per share.
Q4 2025 adjusted fully diluted EPS was $1.70, compared with $2.39 in Q4 2024.
Vegetation Management Division Q4 net sales fell 13.2% to $138.7 million, and its adjusted EBITDA margin was 2.3%.
Industrial Equipment Division Q4 net sales rose 4.2% to $234.9 million, with adjusted EBITDA of $41.5 million.
The quarterly dividend increased from $0.30 to $0.34 per share, and the Petersen Industries acquisition closed in January 2026.
Life360 released unaudited fourth-quarter and audited full-year 2025 results on March 2, 2026, with an investor presentation for a conference call that day. Full-year revenue rose 32% to $489.5 million, and the company reported its first full year of net income at $150.8 million, which includes a one-time, non-cash tax benefit of $118.4 million. The company also gave 2026 guidance of $640 million to $680 million in consolidated revenue and $128 million to $138 million in Adjusted EBITDA.
Full-year 2025 revenue of $489.5 million, up from $371.5 million in 2024; Q4 2025 revenue of $146.0 million, up 26% year over year
Full-year 2025 net income of $150.8 million, versus a net loss of $4.6 million in 2024; excluding the $118.4 million tax benefit, net income was $32.5 million
2026 guidance: consolidated revenue of $640 million to $680 million and Adjusted EBITDA of $128 million to $138 million, about 20% margin
Cash, cash equivalents and restricted cash of $495.8 million at December 31, 2025, up from $160.5 million a year earlier, mainly from the June 2025 convertible notes offering
Dave Inc. reported fourth-quarter 2025 revenue of $163.7 million, up 62%, and net income of $66.0 million, up 292%, with full-year revenue of $554.2 million and net income of $195.9 million. The company also set 2026 guidance for revenue of $690 million to $710 million and raised its share repurchase authorization to $300 million from $125 million, which matters to shareholders because it signals both continued growth expectations and new capacity to buy back stock.
Q4 2025 revenue was $163.7 million, up 62% from $100.9 million; GAAP net income was $66.0 million versus $16.8 million a year earlier.
Full-year 2025 revenue was $554.2 million, up 60%; full-year GAAP net income was $195.9 million versus $57.9 million in 2024.
2026 guidance calls for revenue of $690 million to $710 million and Adjusted EBITDA of $290 million to $305 million.
The board authorized a new buyback of up to $300 million, replacing the prior $125 million program, under which about $113.2 million remained available.
California Resources reported full-year 2025 results. Total operating revenues rose to $3,669 million from $3,198 million, and average net production grew to 138 MBoe/d from 110 MBoe/d, but net income declined to $363 million from $376 million and diluted earnings per share fell to $4.15 from $4.62. The company also gave 2026 guidance of 152–157 MBoe/d in production and $430–470 million in capital investments, and it raised its share repurchase authorization to $1.78 billion.
Full-year 2025 total operating revenues were $3,669 million, up from $3,198 million in 2024; net income was $363 million versus $376 million, and diluted EPS was $4.15 versus $4.62.
Adjusted net income was $359 million versus $317 million, and free cash flow was $543 million versus $355 million.
2026 guidance: net production of 152–157 MBoe/d, capital investments of $430–470 million, and adjusted EBITDAX of $970–1,070 million, compared with $1,241 million in 2025.
The board declared a quarterly dividend of $0.405 per share, payable March 20, 2026, and raised the share repurchase program to $1.78 billion, extended through December 31, 2027.
Uniti reported fourth-quarter 2025 revenue of $917.3 million, up from $293.3 million a year earlier, but a net loss of $305.7 million, compared with net income of $21.6 million in the prior-year quarter. For the full year, net income of $1,304.7 million included a one-time $1,683.9 million gain tied to the Windstream merger, and the company issued a 2026 outlook calling for a net loss of $360 million to $410 million and Adjusted EBITDA of $1,425 million to $1,475 million.
Q4 2025 revenue $917.3 million vs. $293.3 million in Q4 2024; Q4 net loss $305.7 million vs. net income of $21.6 million
Full-year 2025 net income $1,304.7 million, including a one-time $1,683.9 million gain on settlement of preexisting relationships; full-year Adjusted EBITDA $1,173.8 million
2026 outlook: revenue $3,605 million to $3,655 million; net loss $410 million to $360 million; Adjusted EBITDA $1,425 million to $1,475 million
February 4 closing of $1.0 billion of 8.625% senior notes due 2032; January 30 closing of $960.1 million Kinetic fiber securitization notes
Astrana Health reported full-year 2025 revenue of $3.18 billion, up 56%, and fourth-quarter revenue of $950.5 million, up 43%. Full-year GAAP net income attributable to the company fell to $22.5 million from $43.1 million, and the company said it expects to report a material weakness in internal control over financial reporting, which will delay its annual report on Form 10-K.
Full-year 2025 revenue of $3,181.8 million, up 56%; adjusted EBITDA of $205.4 million, up 21%
Full-year 2025 diluted EPS of $0.46 versus $0.90 in 2024; adjusted diluted EPS of $2.20 versus $1.94
Company will file Form 12b-25 to extend the 10-K deadline, expects a material weakness tied to acquisition and purchase accounting, and expects to file within the 15-day extension period
Board raised the share repurchase authorization from $50 million to $100 million; $35.9 million remained available as of December 31, 2025
RadNet reported fourth-quarter 2025 revenue of $547.7 million, up 14.8%, and a record Adjusted EBITDA of $87.7 million, up 16.9%. Adjusted EPS was $0.23 versus $0.24 a year earlier, and the company swung to a GAAP net loss attributable to RadNet common stockholders of $0.6 million from net income of $5.3 million. The company also issued 2026 guidance and announced the Gleamer acquisition.
Q4 2025 revenue $547.7 million, up 14.8% from $477.1 million; Adjusted EBITDA $87.7 million, up 16.9%
Q4 2025 diluted GAAP net loss per share $(0.01), compared with net income per share of $0.07 in Q4 2024
2026 Imaging Center guidance: revenue $2,325-$2,375 million; Adjusted EBITDA $335-$348 million; free cash flow $105-$115 million
Full-year 2025 Total Company net loss $18.7 million (before one-time items), versus net income of $2.8 million in 2024
AAON reported fourth-quarter 2025 net sales up 42.5% to $424.2 million and diluted EPS of $0.39, up from $0.30, while gross margin slipped to 25.9% from 26.1%. For full-year 2025, sales rose 20.1% to $1.44 billion, but diluted EPS fell to $1.29 from $2.02 and gross margin fell to 26.7% from 33.1%. The company forecast 2026 sales growth of 18%-20% and gross margin of 29%-31%, and its board authorized up to $100.0 million in share repurchases.
Q4 2025 net sales were $424.2 million, up 42.5%; BASX-branded sales rose 138.8% to $181.4 million.
Full-year 2025 diluted EPS was $1.29 versus $2.02 in 2024; gross margin was 26.7% versus 33.1%.
2026 outlook calls for sales growth of 18%-20% and gross margin of 29%-31%.
Board authorized up to $100.0 million in open-market share purchases; year-end backlog was $1.83 billion.
ADT reported fourth-quarter and full-year 2025 results on March 2, 2026. Full-year revenue rose 5% to $5.1 billion, but GAAP income from continuing operations fell $19 million to $601 million, while adjusted EPS rose 19% to $0.89. The company also authorized a $1.5 billion share repurchase plan through April 30, 2029, and expects 2026 revenue and adjusted EPS to be approximately flat.
Full-year 2025 total revenue rose 5% to $5.1 billion; fourth-quarter revenue rose 1% to $1.276 billion
GAAP income from continuing operations was $601 million, or $0.68 per diluted share, down $19 million; adjusted EPS was $0.89, up 19%
2026 outlook: revenue and adjusted EPS approximately flat; adjusted free cash flow growth of approximately 20%
New $1.5 billion share repurchase plan runs through April 30, 2029; quarterly dividend of $0.055 per share is payable April 2, 2026 to holders of record March 12, 2026
Norwegian Cruise Line Holdings reported fourth quarter and full year 2025 results on March 2, 2026. Full year revenue rose 3.7% to $9.8 billion and Adjusted EPS rose 19% to $2.11, but GAAP net income fell to $423.2 million from $910.3 million, and the company expects first quarter 2026 Net Yield to decline about 1.6% in constant currency. For shareholders, the filing sets a 2026 Adjusted EPS target of $2.38 and replaces prior long-term targets, while new CEO John W. Chidsey said execution and cross-functional alignment have fallen short.
Full year 2025 revenue was $9.8 billion, up 3.7%, and Adjusted EBITDA was $2.73 billion, up 11%.
GAAP net income was $423.2 million for 2025 versus $910.3 million in 2024; fourth quarter GAAP net income was $14.3 million versus $254.5 million.
First quarter 2026 Net Yield is expected to decline about 1.6% in constant currency; full year 2026 Adjusted EPS is expected to be $2.38.
John W. Chidsey was appointed President and Chief Executive Officer in February 2026.
Biglari Holdings reported a fourth-quarter 2025 net loss attributable to shareholders of $49.9 million, compared with a $10.3 million loss a year earlier, and a full-year 2025 net loss of $37.5 million, compared with $3.8 million in 2024. The company said pre-tax operating earnings swung to a loss in the quarter, and investment losses drove most of the decline, which matters to shareholders because the reported results are weighed down by investment marks rather than operations alone.
Fourth-quarter 2025 pre-tax operating loss of $1.7 million, versus pre-tax operating earnings of $3.9 million in Q4 2024
Fourth-quarter investment losses of $62.3 million, versus $21.9 million a year earlier
Full-year 2025 pre-tax operating earnings of $18.8 million, down from $32.6 million in 2024
Book value per Class A equivalent share was $2,059.32 at December 31, 2025
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.