Xperi (NYSE:XPER) Q4 2025 Earnings call February 25, 2026 05:00 PM ET Speaker4Good day, everyone. Thank you for standing by. Welcome to the Xperi Fourth Quarter 2025 Earnings Conference Call. During today's presentation, all parties will be in a listen-only mode. Following the presentation, the call will be open for questions. I would now like to turn the call over to Sam Levinson from Arbor Advisory Group. Sam, please go ahead.Speaker6Thank you, Operator. Good afternoon. Thank you for joining us as Xperi r ...

Everpure (NYSE:PSTG) Q4 2026 Earnings call February 25, 2026 05:00 PM ET Speaker9Good day. Welcome to Everpure's fourth quarter fiscal 2026 financial results conference call. Today's conference is being recorded. All lines will be muted during the presentation portion of the call, with an opportunity for questions and answers at the end. If you would like to ask a question, please press star one on your telephone keypad. At this time, I'd like to turn the call over to Paul Ziots, Vice President of Investor ...

StandardAero (NYSE:SARO) Q4 2025 Earnings call February 25, 2026 05:00 PM ET Speaker7Good afternoon, ladies and gentlemen. Thank you for your patience. We will get started soon.Speaker8Good afternoon. Welcome to StandardAero's fourth quarter and full year 2025 earnings conference call. At this time, all participants are in a listen-only mode. A question-and-answer session will follow the formal presentation. If anyone should require operator assistance during the conference, please press star zero on your t ...

Salesforce (NYSE:CRM) Q4 2026 Earnings call February 25, 2026 05:00 PM ET Speaker6Good afternoon, everyone. My name is Layla, and I will be your conference operator today. At this time, I would like to welcome you to the Salesforce Fourth Quarter and Full Year Fiscal 2026 conference call. This conference is being recorded, and all lines have been placed on mute to prevent any background noise. After the speakers' prepared remarks, there will be a question and answer session. At this time, I would like to tu ...

Alkami (NasdaqGS:ALKT) Q4 2025 Earnings call February 25, 2026 05:00 PM ET Speaker9Good afternoon, ladies and gentlemen, and welcome to the Alkami Technology Fourth Quarter 2025 Financial Results Conference Call. At this time, all lines are in listen-only mode. Following the presentation, we will conduct a question-and-answer session. If at any time during this call you require immediate assistance, please press star 0 for the operator. This call is being recorded on Wednesday, February 25th, 2026. I'd like ...

TKO Group (NYSE:TKO) Q4 2025 Earnings call February 25, 2026 05:00 PM ET Speaker6Good afternoon. Thank you for attending the TKO fourth quarter and full year 2025 earnings call. My name is Cameron. I'll be your moderator for today. All lines will be muted during the presentation portion of the call, with an opportunity for questions and answers at the end. If you would like to ask a question, please press star followed by one on your telephone keypad. I would now like to pass the conference over to your hos ...

Financial Data and Key Metrics Changes - Fourth quarter revenue was $165 million, and EPS was $0.24, both at the midpoint of guidance [9] - Full year revenue totaled $664 million, a decline of 7% from the prior year, with EPS at $1.33 [16] - Semiconductor business revenue reached $477 million, up 2% year-over-year, accounting for 72% of total revenue [16] - Gross margin for the full year was 41%, with operating income of $84 million and net income of $80 million [18] Business Line Data and Key Metrics Changes - Semiconductor business drove revenue growth, primarily from laser annealing, wet processing, and ion beam EUV technology [5] - Advanced packaging business doubled year-over-year, reaching $150 million in 2025 [12] - Compound semiconductor revenue was $60 million, a decline from the prior year, representing 9% of total revenue [16] - Data storage revenue totaled $39 million, also declining from the prior year, comprising 6% of revenue [16] Market Data and Key Metrics Changes - Asia Pacific region accounted for 50% of total revenue, with China contributing 27% [17] - Revenue from the Asia Pacific increased to 54% in Q4 due to higher semiconductor sales [19] - Order backlog at year-end was $555 million, a significant increase of $145 million from the prior year, reflecting a 35% growth [17] Company Strategy and Development Direction - Company aims to expand its presence in the memory market, focusing on AI-driven architectures and advanced packaging [10] - The merger with Axcelis is expected to enhance R&D scale and broaden the product platform [8] - Company is strategically investing in next-generation technologies to meet customer demands [4] Management Comments on Operating Environment and Future Outlook - Management expressed confidence in revenue growth for 2026, forecasting between $740 million and $800 million [22] - Anticipated growth in semiconductor business driven by AI and high-performance computing [22] - Management noted that the semiconductor market is projected to grow to over $1 trillion, with AI accounting for more than half of sales [24] Other Important Information - The company is fully booked for system orders in 2026, with multiple orders extending into 2027 [32] - Gross margins are expected to improve in the second half of 2026, reaching targets of 45% [41] - Tariff impacts are factored into the 2026 guidance, with a headwind of about 100 basis points [43] Q&A Session Summary Question: Outlook for 2026 revenue growth across segments - Company expects overall revenue for 2026 to be between $740 million and $800 million, with semiconductor revenue projected to grow around 15% [30] Question: Capital expenditure trends in the hard disk drive business - Company noted increasing CapEx from customers due to HAMR adoption, indicating a multi-year increase in business [34] Question: Revenue potential for the Propel GaN-on-Silicon tool - Company anticipates incremental business approaching $15 million from pilot line orders in 2026, with potential for additional orders in 2027 [36] Question: Gross margin expectations for Q1 and beyond - Company expects Q1 gross margins to be similar to Q4, with improvements anticipated in the second half of 2026 [40] Question: Impact of tariffs on gross margins - Company indicated that tariffs are expected to create a headwind of about 100 basis points compared to pre-tariff levels [43]

The Trade Desk (NasdaqGM:TTD) Q4 2025 Earnings call February 25, 2026 05:00 PM ET Speaker6Greetings. Welcome to The Trade Desk fourth quarter and full year 2025 earnings conference call. At this time, all participants are on a listen-only mode. A question and answer session will follow the formal presentation. If anyone should require operator assistance during the conference, please press star 0 on your telephone keypad. Please note, this conference is being recorded. I will now turn the conference over to ...

Financial Data and Key Metrics Changes - Q4 2025 revenue reached $112 million, representing a 1% year-over-year growth, marking the first quarter of year-over-year growth since Q3 2022 [12][19] - Adjusted EBITDA in Q4 2025 was $16.2 million, equating to a margin of 15%, an increase from 13% in Q4 2024 and 8% in Q3 2025 [20] - Cash, cash equivalents, and marketable securities totaled $409.1 million as of December 31, 2025 [21] Business Line Data and Key Metrics Changes - Performance marketing revenue increased by 9% year-over-year in Q4 2025, up from 5% growth in Q3 2025 [17] - The number of quarterly paid employers was over 59,000 in Q4 2025, a 2% increase year-over-year but a 12% decrease sequentially [19] - Revenue per paid employer was $1,889, down 2% year-over-year but up 10% sequentially [20] Market Data and Key Metrics Changes - Job openings declined by 10% year-over-year, indicating a soft hiring demand in Q4 2025 [5][34] - Despite the overall hiring slowdown, healthcare remained resilient while retail, food service, and education showed weakness [34] Company Strategy and Development Direction - The company launched "Be Seen First," a product aimed at enhancing job seekers' visibility to employers, which has shown promising results [5][13] - The focus remains on leveraging AI technology to improve matching processes and enhance user experience, with significant investments made in this area [10][61] - The company aims to achieve flat year-over-year revenue in 2026, with a targeted expansion of Adjusted EBITDA margins from 9% in 2025 to 14% in 2026 [8][24] Management's Comments on Operating Environment and Future Outlook - Management noted that hiring demand in Q4 2025 was below normal seasonal expectations, but trends in early Q1 2026 have shown improvement [6][28] - The company believes that economic factors, rather than AI displacement, are primarily driving current labor market trends [9] - Management expressed confidence in the company's ability to navigate the current labor market and capitalize on growth opportunities [24] Other Important Information - The CFO announced his departure after over a decade with the company, with the President stepping in as interim CFO [10][11] - The company has initiated a search for a permanent CFO to ensure a seamless transition [11] Q&A Session Summary Question: Characterization of employer demand environment - Management observed a slowdown in SMB demand during Q4 but noted a rebound in early Q1 2026, with SMB demand appearing slightly better than the previous year [26][28] Question: Traffic from LLMs and its impact - Management indicated that while LLM traffic is growing, traditional sources still dominate in terms of engagement and conversion [36][37] Question: Growth cadence throughout the year - Management expects Q1 to be a low point, with gradual improvement anticipated as the year progresses, driven by enterprise performance [41][43] Question: Capital allocation strategy - The company prioritizes organic growth, followed by M&A opportunities, and then return of capital, including stock repurchases [45][46] Question: Changes in employer candidate sourcing - Management confirmed that while resumes remain important, new features like "Be Seen First" are allowing candidates to express enthusiasm and stand out in the application process [49][55]

Financial Data and Key Metrics Changes - In 2025, GAAP net income totaled $15.9 million, or $0.75 per diluted share, up from $15 million, or $0.73 per diluted share in 2024 [21] - Total GAAP revenue was $139.7 million, an increase from $137.7 million in 2024 [21] - Adjusted EBITDA was $29 million in 2025, maintaining a nearly 21% margin [29] Business Line Data and Key Metrics Changes - Wireless revenue for the year was $72.5 million, down from $73.5 million in the prior year, while software revenue grew to $67.2 million, driven by a nearly 24% increase in professional services revenue [22] - Professional services revenue reached $22.1 million in 2025, up 23.7% from $17.9 million in 2024 [25] - Managed services revenue totaled $6.6 million, nearly 30% of professional services revenue, up from $3.3 million, or 18% in 2024 [26] Market Data and Key Metrics Changes - In the fourth quarter of 2025, software operations bookings increased by 14% year-over-year and 83% sequentially [7] - Average revenue per unit (ARPU) grew by $0.23 year-over-year, driven by pricing actions [23] - Net unit churn improved to 1.3% in the fourth quarter, a decrease of 12 basis points from the prior quarter [23] Company Strategy and Development Direction - The company aims to grow software revenue, generate cash, and return capital to stockholders, having returned $27.3 million to stockholders in 2025 [4][11] - The strategic focus includes continued investment in wireless and software solutions, growing the revenue base, disciplined expense management, and a stockholder-friendly capital allocation plan [13] - The company plans to pay dividends exceeding $27 million in 2026, continuing its commitment to returning capital to stockholders [12] Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in regaining momentum and achieving growth in total bookings in 2026, with a focus on accelerating license sales and maintaining growth in professional services [7][11] - The company anticipates that software revenue will surpass wireless revenue for the first time in its history, with guidance for software revenue ranging from $68 million to $72 million in 2026 [30][31] - Management highlighted the importance of maintaining a balance between generating cash flow and investing in future growth [54] Other Important Information - The company invested over $12 million in product research and development in 2025, a nearly 5% increase from 2024 [8] - The company has returned nearly $730 million to stockholders since its inception in 2004 [12] Q&A Session Summary Question: What is driving the shift in the cancelable portion of the software backlog? - Management indicated that the growth in deal size and the need to negotiate terms with customers are driving the increase in cancelable contracts, which have nearly tripled year-over-year [36][37] Question: How should the market view the recovery of software operations bookings? - Management believes that total bookings will grow in 2026 over 2025 levels, although quarterly results may vary due to the nature of large contracts [38][39] Question: How does the company view AI in relation to its business? - Management sees opportunities in using AI to improve internal efficiency and enhance customer functionalities, particularly in training new staff and supporting operator functions [44][46]