Exzeo Group (NYSE:XZO) Q4 2025 Earnings call February 25, 2026 05:45 PM ET Company ParticipantsBill Brummel - VP of of Investor RelationsKevin Mitchell - PresidentParesh Patel - Chairman and CEOSuela Bolku - CFOTerry Tillman - Managing DirectorConference Call ParticipantsDylan Becker - Research Analyst in Technology, Media, and CommunicationsMatt Carletti - Managing Director, Senior Insurance, and InsurTech AnalystOperatorGood afternoon, and welcome to Exzeo Group's 4th quarter 2025 earnings call. My name i ...

Exzeo Group (NYSE:XZO) Q4 2025 Earnings call February 25, 2026 05:45 PM ET Speaker4Good afternoon, and welcome to Exzeo Group's 4th quarter 2025 earnings call. My name is Mark, and I will be your conference operator. At this time, all participants will be in listen-only mode. Before we begin today's call, I would like to remind everyone that this conference call is being broadcast live via webcast and is available for webcast replay approximately 4 hours after the call through February 25, 2027, on the inve ...

Arko (NasdaqCM:ARKO) Q4 2025 Earnings call February 25, 2026 05:00 PM ET Company ParticipantsArie Kotler - Chairman, President, and Chief Executive OfficerBobby Griffin - Managing DirectorGalagher Jeff - Chief Financial OfficerHale Holden - Managing DirectorJordan Mann - Senior Vice President of Investor RelationsConference Call ParticipantsDaniel Guglielmo - Consumer Equity Research AnalystOperatorGreetings, and welcome to the ARKO Corp. fourth quarter 2025 earnings call. At this time, all participants are ...

Maravai LifeSciences (NasdaqGS:MRVI) Q4 2025 Earnings call February 25, 2026 05:00 PM ET Company ParticipantsBernd Brust - CEOChanfeng Zhao - SVP and Chief Scientific OfficerDebra Hart - Head of Investor RelationsDoug Schenkel - Managing DirectorRajesh Asarpota - EVP and CFOConference Call ParticipantsJosh Heinen - Research AnalystJustin Bowers - Equity Research AnalystMatt Hewitt - Senior Research AnalystMatt Larew - Research AnalystMatt Stanton - VP and Equity Research AnalystMatthew Parisi - Research Ana ...

Encore Capital Group (NasdaqGS:ECPG) Q4 2025 Earnings call February 25, 2026 05:00 PM ET Company ParticipantsAshish Masih - President and CEOBruce Thomas - VP of Global Investor RelationsDavid Scharf - Managing DirectorMax Fritscher - Equity Research AssociateRobert Dodd - DirectorTomas Hernanz - EVP and CFOConference Call ParticipantsMike Grondahl - Head of Equity Research and Senior Research AnalystOperatorGood day, everyone, and thank you for standing by. Welcome to the Encore Capital Group's fourth quar ...

Encore Capital Group (NasdaqGS:ECPG) Q4 2025 Earnings call February 25, 2026 05:00 PM ET Company ParticipantsAshish Masih - President and CEOBruce Thomas - VP of Global Investor RelationsDavid Scharf - Managing DirectorRobert Dodd - DirectorTomas Hernanz - EVP and CFOConference Call ParticipantsMike Grondahl - Head of Equity Research and Senior Research AnalystNone - AnalystOperatorGood day, everyone, and thank you for standing by. Welcome to the Encore Capital Group's fourth quarter 2025 earnings conferenc ...

Financial Data and Key Metrics Changes - For the full year 2025, gross billings increased by 8.6% to $9 billion, compared to $8.3 billion in the prior year, while diluted earnings per share rose by 5% to $2.08 from $1.98 [15] - In Q4 2025, gross billings increased by 6.4% to $2.4 billion, compared to $2.25 billion in Q4 2024, and diluted earnings per share increased by 2% to $0.64 from $0.60 [15][16] - Average billing per worksite employee (WSE) per day increased by 1.5% in the quarter, driven by sustained wage growth [16] Business Line Data and Key Metrics Changes - The staffing business declined by 13% year-over-year in Q4 and 11% for the full year, reflecting client reluctance to place staffing orders amid macroeconomic uncertainty [8] - PEO gross billings increased by 6.6% in Q4 to $2.38 billion, while staffing revenues declined to $18 million [15][16] - PEO worksite employees grew by 5.1% in Q4, driven by record WSEs added from new clients, despite client workforce reductions [16] Market Data and Key Metrics Changes - Southern and Northern California both grew by 5%, while the Mountain and East Coast regions grew by 10%. The Pacific Northwest declined by 4%, and asset-light markets grew by 95% [16] - Client net hiring has been below historical norms throughout 2025, with reductions across all geographies and nearly all industries, particularly in California and construction [7][16] Company Strategy and Development Direction - The company is focusing on expanding its asset-light model and has successfully converted two emerging markets to traditional branches [4] - Continued investment in technology and product development, including enhancements to the myBBSI platform and new IT products, is a key part of the strategy [10][12] - The company aims to maintain controllable growth despite macroeconomic headwinds, with expectations for gross billings to increase between 3% and 5% in 2026 [23][24] Management's Comments on Operating Environment and Future Outlook - Management remains optimistic about future growth despite macroeconomic uncertainties, with a focus on client needs and retention [3][14] - The company anticipates that negative hiring trends will continue into 2026, but expects improvements as the year progresses [27] - Wage growth is expected to moderate, with clients facing challenges in finding skilled labor [29][30] Other Important Information - The company repurchased $17 million of shares in Q4 2025, with a total of $42 million repurchased throughout the year [23] - The company paid $8.2 million in dividends for the year, returning a total of $50 million to shareholders [23] - The balance sheet remains strong with $157 million of unrestricted cash and investments and no debt [20] Q&A Session Summary Question: What are you hearing from your clients in terms of being able to improve growth throughout 2026? - Management anticipates that negative hiring trends will continue into 2026, with a potential for improvement later in the year [26][27] Question: What are you hearing from clients regarding the ability to pay higher wages in 2026? - Wage growth is real and has moderated, with clients still facing challenges in finding skilled labor [29][30] Question: Is there any improvement in sight for 2026 on the payroll tax side? - Payroll tax rates are expected to see a modest increase, but mechanisms are in place to manage these costs [33] Question: Are you expecting margins to improve as the year progresses relative to the workers' compensation pricing environment? - Management is cautiously optimistic about margin improvements, particularly in California, where rates are expected to increase [34][35] Question: How does the new client pipeline of qualified leads look currently? - The pipeline remains strong, with good volume and consistency in client acquisition [43] Question: Is the hiring trend improving this year, and is it broad-based? - The deterioration in hiring trends has been broad across industries, with construction remaining particularly weak [45]

Root (NasdaqGS:ROOT) Q4 2025 Earnings call February 25, 2026 05:00 PM ET Company ParticipantsAlex Timm - Co-founder and CEOAndrew Kligerman - Managing DirectorElyse Greenspan - Managing DirectorJason Shapiro - SVP of Business DevelopmentMatt LaMalva - Head of Investor Relations and Corporate DevelopmentMegan Binkley - CFOTommy McJoynt-Griffith - Director of Equity ResearchConference Call ParticipantsNone - AnalystOperatorGreetings, welcome to the Root, Inc. fourth quarter earnings conference call. At this t ...

LeMaitre Vascular (NasdaqGM:LMAT) Q4 2025 Earnings call February 25, 2026 05:00 PM ET Company ParticipantsDanny Stauder - Director of Equity ResearchDave Roberts - PresidentDorian LeBlanc - CFOGeorge LeMaitre - CEORick Wise - Managing DirectorConference Call ParticipantsBrett Fishbin - VP and Senior Equity Research AnalystJim Sidoti - AnalystKyle Bauser - Managing Director and Senior Research AnalystMichael Petusky - Managing Director and Senior Investment AnalystMichael Sarcone - Equity AnalystNone - Analy ...

Array Technologies (NasdaqGM:ARRY) Q4 2025 Earnings call February 25, 2026 05:00 PM ET Company ParticipantsDylan Nassano - VP of Equity ResearchKeith Jennings - CFOKevin Hostetler - CEONeil Manning - President and COOSarah Sheppard - Head of Investor RelationsConference Call ParticipantsAmeet Thakkar - Director and Equity Research AnalystBen Kallo - Senior Research AnalystBrian Lee - AnalystChris Dendrinos - Clean Energy AnalystColin Rusch - Managing Director and Senior Research AnalystCorinne Blanchard - D ...