NetApp (NasdaqGS:NTAP) Q3 2026 Earnings call February 26, 2026 05:30 PM ET Company ParticipantsAlek Valero - Equity Research AssociateDavid Vogt - Managing DirectorGeorge Kurian - CEOKatherine Murphy - VP of Equity ResearchKris Newton - VP of Investor RelationsKrish Sankar - Managing DirectorSimon Leopold - Managing DirectorSteven Fox - Founder and CEOTim Long - Managing DirectorWissam Jabre - CFOConference Call ParticipantsAaron Rakers - Managing Director and Technology AnalystAsiya Merchant - Technology E ...

Coupang (NYSE:CPNG) Q4 2025 Earnings call February 26, 2026 05:30 PM ET Company ParticipantsBom Kim - Founder and CEOGaurav Anand - CFOH.L. Rogers - General Counsel and Chief Administrative OfficerMike Parker - VP of Investor RelationsConference Call ParticipantsEric Cha - Research AnalystJiong Shao - Equity Research AnalystSeyon Park - Equity Research AnalystStanley Yang - Equity Research AnalystWei Fang - Director and Equity Research AnalystOperatorNow I'd like to turn the call over to Mike Parker, Vice P ...

Financial Data and Key Metrics Changes - In 2025, the company surpassed 50 million daily active users, more than five times the number at the time of its IPO in 2021 [5] - The company achieved over $1 billion in bookings and more than $300 million in adjusted EBITDA [5] - The guidance for 2026 includes bookings growth of 10%-12%, revenue growth of 15%-18%, and an adjusted EBITDA margin around 25% [12][14] Business Line Data and Key Metrics Changes - The company is focusing on three main initiatives: teaching languages better, improving the free user experience, and developing new subjects like math, music, and chess [8] - The company expects DAU growth to be about 20% year-over-year throughout 2026, indicating a deceleration from previous years [7][9] Market Data and Key Metrics Changes - The company holds approximately 85% of the daily active users in the language learning app market, indicating a strong market position [47] - In the U.S., only 2% of internet users engage with Duolingo daily, suggesting significant room for growth [48] Company Strategy and Development Direction - The company aims to redefine the future of learning by leveraging advances in AI, which is expected to enhance the learning experience [5][6] - The medium-term goal is to reach 100 million daily active users by 2028, with a focus on user growth over immediate profitability [9][40] Management's Comments on Operating Environment and Future Outlook - Management acknowledges the deceleration in DAU growth and emphasizes the need for decisive actions to re-accelerate this growth [6][7] - The company is confident in its ability to scale and generate significant EBITDA and free cash flow while investing in user growth [84] Other Important Information - The board has authorized a share buyback of up to $400 million, reflecting good capital allocation discipline [16] - The company is experimenting with pricing strategies and A/B testing to optimize monetization without adding friction to the user experience [62][76] Q&A Session Summary Question: Can you elaborate on the market across AI and overall innovation? - Management believes AI will significantly enhance teaching quality and user engagement, making it an opportune time for strategic shifts [21][22] Question: How does the company view market saturation and competition? - Management is not concerned about market saturation, citing low penetration rates in various countries and a stable user base [47][48] Question: What are the expectations for user growth and monetization? - The company expects user growth to stabilize as friction points are removed, with a focus on enhancing the free user experience [36][39] Question: What is the outlook for the ad business? - The company plans to improve ad quality without increasing ad load, focusing on direct deals to enhance revenue per ad [86] Question: How will the company balance user growth and monetization? - Management aims to ramp up monetization gradually while prioritizing user growth, with expectations for increased efficiencies in marketing [82][84]

Betterware (NYSE:BWMX) Q4 2025 Earnings call February 26, 2026 05:30 PM ET Company ParticipantsAndres Campos - President and CEORodrigo Muñoz - CFOConference Call ParticipantsCristina Fernández - Managing Director and Senior Research AnalystEric Beder - CEO and Senior Research AnalystOperatorThank you, and welcome to BeFra's fourth quarter 2025 earnings conference call. Before BeFra's management begins their prepared remarks, please note the disclaimer regarding forward-looking statements on slide two. To r ...

Alpha Teknova (NasdaqGM:TKNO) Q4 2025 Earnings call February 26, 2026 05:30 PM ET Company ParticipantsJacob Krahenbuhl - Equity Research AssociateJennifer Henry - SVP of MarketingMatt Lowell - CFOStephen Gunstream - President and CEOConference Call ParticipantsBrendan Smith - Director and Senior Equity Research AnalystMatt Hewett - Senior Research AnalystMatthew Parisi - Equity Research AnalystOperatorGood day, and welcome to Teknova's fourth quarter and full year 2025 financial results call. At this time, ...

Financial Data and Key Metrics Changes - For Q4 2025, contract revenue increased by 21% to $174 million, and net revenue grew by 13% to $89.5 million. Adjusted EBITDA also increased by 13% to $20 million for the quarter [17] - For the full fiscal year 2025, consolidated contract revenue grew by 21% to $682 million, and net revenue grew by 23% to $365 million. Adjusted EBITDA increased by 40% year-over-year to $79.5 million [18][20] - Net income more than doubled to $52.6 million for the year, translating to $3.49 per diluted share on a GAAP basis, compared to $22.6 million or $1.58 per share in 2024 [20] Business Line Data and Key Metrics Changes - Approximately 85% of revenue comes from the energy segment, with the remaining 15% from engineering and consulting. Utility customers represent about 41% of revenue, while state and local governments account for approximately 48% [6][8] - Organic net revenue growth was 17%, driven largely by expansion with existing customers [4] - The average contract size has continued to grow, with significant contracts awarded, including a $112 million energy efficiency program for the City of San Diego [11] Market Data and Key Metrics Changes - Electric load growth has returned to the U.S. after about 15 years of stagnation, driven by AI and data centers, which are accelerating electricity demand [4] - There is currently an estimated 35 gigawatts of active data center construction in the U.S., indicating sustained growth in electricity demand [13] - Virginia and several rural states are experiencing rapid growth in energy demand from data centers, which aligns with the company's strengths in power system engineering and grid modernization [13] Company Strategy and Development Direction - The company plans to increase capabilities through key hires and acquisitions, with a robust acquisition pipeline entering 2026 [16] - Willdan aims to diversify its offerings to commercial customers, particularly in the data center market, which is seen as a fertile business environment [7][43] - The company is positioned at the center of growing energy and infrastructure markets, with a focus on energy efficiency and grid modernization [14][24] Management's Comments on Operating Environment and Future Outlook - Management highlighted that utilities are facing challenges with falling reserve margins and increasing demand for electricity, which is driving the need for energy efficiency programs [34] - The company expects margins to continue to exceed 20%, reflecting operational improvements and a shift up the value scale [31] - The guidance for 2026 anticipates net revenue in the range of $390 million to $405 million, with adjusted EBITDA between $85 million and $90 million [23] Other Important Information - The company generated $71 million in free cash flow and ended the year with a net positive cash position of $17 million, marking the first time since 2017 [21] - The effective tax rate benefit was 31.4% due to tax deductions from energy efficiency incentives, significantly impacting net income [20] Q&A Session Summary Question: EPS guidance for 2026 is below last year's, can you explain the assumptions for Section 179D? - Management noted that the Section 179D provision is set to expire at the end of June 2026, limiting the ability to carry benefits through the year [27][29] Question: What operational changes are contributing to EBITDA growth? - Management indicated that margins are expected to remain above 20%, with structural changes allowing for higher pricing and better cost absorption as the company scales [31][32] Question: Is there potential for continued requests for accelerated project completion from utility customers? - Management confirmed that utilities are under pressure to meet electricity demand, leading to increased requests for energy efficiency programs [34] Question: Will the Los Angeles Department of Water and Power contract contribute meaningfully in Q1? - Management stated that while the contribution was small in Q4, a material increase is expected in Q1, with significant ramp-up in Q2 [38][39] Question: Can data center revenue double in 2026? - Management clarified that the expectation is for the APG acquisition related to data centers to more than double, contributing to long-term growth [41]

Alpha Teknova (NasdaqGM:TKNO) Q4 2025 Earnings call February 26, 2026 05:30 PM ET Speaker2Good day, and welcome to Teknova's fourth quarter and full year 2025 financial results call. At this time, all participants are in a listen-only mode. After the speaker presentation, there will be a question and answer session. To ask a question during the session, you will need to press star one one on your telephone. You will then hear an automated message advising your hand is raised. To withdraw your question, pres ...

Coupang (NYSE:CPNG) Q4 2025 Earnings call February 26, 2026 05:30 PM ET Speaker6Now I'd like to turn the call over to Mike Parker, Vice President of Investor Relations. You may begin your conference.Speaker4Thanks, operator. Welcome everyone to Coupang's fourth quarter 2025 earnings conference call. I'm pleased to be joined on the call today by our Founder and CEO, Bom Kim, our CFO, Gaurav Anand, and H.L. Rogers, our General Counsel and Chief Administrative Officer, and the Interim CEO of our Korean subsidi ...

Financial Data and Key Metrics Changes - In Q4 2025, the company surpassed 50 million daily active users, a significant increase from five times the number at the time of its IPO in 2021 [4] - The company reported over $1 billion in bookings and more than $300 million in adjusted EBITDA for the year [4] - The guidance for 2026 includes bookings growth of 10%-12%, revenue growth of 15%-18%, and an adjusted EBITDA margin around 25% [10][12] Business Line Data and Key Metrics Changes - The company is focusing on two main drivers for long-term value: the size of the active learner base and effective monetization [6] - The company plans to prioritize user growth over monetization in the short term, expecting DAU growth to be about 20% year-over-year throughout 2026 [5][36] - The company aims to reach 100 million daily active users by 2028, which would significantly increase bookings and profits [7] Market Data and Key Metrics Changes - The company has about 85% of the daily active users in the language learning app market, indicating a strong market position [45] - In the U.S., only 2% of internet users engage with Duolingo daily, suggesting substantial room for growth [46] Company Strategy and Development Direction - The company intends to redefine the future of learning by leveraging AI advancements, focusing on teaching languages better, improving the free user experience, and expanding into new subjects like math, music, and chess [4][6] - The company is investing in product improvements and user growth initiatives, with a medium-term goal of doubling DAUs [7][21] Management's Comments on Operating Environment and Future Outlook - Management acknowledges a deceleration in DAU growth throughout 2025 and emphasizes the need for decisive actions to re-accelerate growth [5][36] - The management is optimistic about the potential of AI to enhance learning experiences and believes that the current environment presents a unique opportunity for user growth [18][19] Other Important Information - The company announced a share buyback authorization of up to $400 million, reflecting good capital allocation discipline [13] - The company is exploring various monetization strategies that do not rely solely on adding friction to the user experience [59] Q&A Session Summary Question: What are the top priorities for enhancing DAU growth? - The company is focusing on teaching languages better, improving the free user experience, and investing in new growth engines like chess [21] Question: How does the company view market saturation and competition? - The company is not concerned about market saturation, as there is significant room for growth in user engagement across various countries [45][46] Question: What is the outlook for bookings and monetization strategies? - The company expects bookings growth to be impacted by user deceleration and is focusing on careful monetization strategies that enhance user experience [71][72] Question: How is the company addressing the impact of AI translation tools? - Management believes that AI translation does not significantly affect user engagement, as users primarily use Duolingo for learning as a hobby or for specific language acquisition [92] Question: What improvements have been made to the user experience? - The company has introduced features like "Explain My Answer" for free users and is seeing positive uptake, although a significant acceleration in DAUs is not yet observed [94]

Betterware (NYSE:BWMX) Q4 2025 Earnings call February 26, 2026 05:30 PM ET Speaker3Thank you, and welcome to BeFra's fourth quarter 2025 earnings conference call. Before BeFra's management begins their prepared remarks, please note the disclaimer regarding forward-looking statements on slide two. To remind participants that this call may contain forward-looking statements, which are subject to various risks and uncertainties that could cause actual results to differ materially from expectations. Please cons ...