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).
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
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
Sabre's Board adopted a limited-duration shareholder rights plan, effective March 1, 2026, in response to share accumulation by Constellation Software. The plan issues one right per common share to holders of record on March 11, 2026, and rights generally become exercisable if a person or group acquires 15% or more of the common stock. Sabre says the plan is not a response to any takeover offer and that it remains open to resuming talks with Constellation.
Rights distributed to holders of record on March 11, 2026; plan expires February 28, 2027
Rights become exercisable if a person or group acquires 15% or more (20% for certain passive 13G investors)
Constellation Software disclosed a 9.7% economic position: 4.7% beneficial ownership plus 5% via derivatives
Constellation withdrew a board nomination on February 28, 2026, after breaking off negotiations on February 26
Paramount Skydance Corporation (NASDAQ: PSKY) signed a merger agreement on February 27, 2026 to acquire Warner Bros. Discovery (WBD), with WBD becoming a wholly owned subsidiary. The filing values WBD at $81 billion in equity value and $110 billion in enterprise value, and the deal is backed by $47 billion of new equity and $54 billion of debt commitments, so it carries large financing and share issuance for Paramount shareholders. The filer is named in the filing as Paramount Skydance Corporation (PSKY), not Skydance Corp (SKYD) as the request stated.
WBD common stockholders would receive $31.00 in cash per share, plus a ticking consideration if closing occurs after September 30, 2026
Paramount plans to issue $47 billion of new Class B shares at $16.02 per share, backed by the Ellison Family and RedBird Capital Partners
The deal is backed by $54 billion of debt commitments from Bank of America, Citigroup, and Apollo
Closing is expected in Q3 2026, subject to regulatory clearances and approval by WBD shareholders
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
AES Corporation entered into a merger agreement on March 1, 2026, under which a consortium led by Global Infrastructure Partners and EQT would acquire the company for $15.00 per share in cash, an equity value of about $10.7 billion. Upon closing, AES common stock would stop trading on the NYSE, so shareholders would receive cash in place of continuing ownership. The deal is expected to close in late 2026 or early 2027, subject to stockholder and regulatory approvals.
Merger consideration is $15.00 per share in cash, a 40.3% premium to the 30-day VWAP before July 8, 2025
Termination fees: up to $588 million payable to AES in certain circumstances; approximately $321 million payable by AES in others
Juan Ignacio Rubiolo named EVP and COO and President of Energy Infrastructure, and Ricardo Falú named President, both effective March 2, 2026; CEO Andrés Gluski remains CEO
Expected close in late 2026 or early 2027; outside date June 1, 2027
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.
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.