Earnings Call Transcripts
Access detailed transcripts and key takeaways from company earnings calls
All Earnings Calls
Tower Semiconductor Q4 2025 Earnings Call - Silicon Photonics-led Ramp Forces $920M CapEx and 2028 Target of $2.84B Revenue, $750M Net
Tower finished Q4 2025 with clear momentum, driven by a breakout year for silicon photonics and silicon germanium. Revenue was $440 million in Q4, up 11% sequential and 14% year on year, and the compa...
- Q4 2025 revenue was $440 million, up 11% quarter over quarter and 14% year over year.
- Q4 net profit was $80 million, implying an 18% net margin, up from 11% in Q1 2025.
- Full year 2025 revenue was $1.566 billion, a 9% increase versus 2024; full year net profit was $220 million.
- +17 more takeaways
Martin Marietta Q4 2025 Earnings Call - Aggregates-led engine delivered record 2025, guiding modest 2026 growth with $2.49B Adjusted EBITDA and network optimization upside
Martin Marietta closed 2025 with record safety, revenue, and profit performance driven by its aggregates platform and a growing specialties business. The company finished SOAR 2025 with meaningful por...
- Martin Marietta delivered record 2025 results, led by aggregates and complemented by a record-performing specialties segment.
- Q4 aggregates revenue was about $1.2 billion, gross profit $420 million, gross profit per ton $8.59 (up 9%), and aggregates gross margin expanded to 34% (up 93 basis points year over year).
- Full year 2025 aggregates revenue totaled $5.0 billion, up 11% versus prior year, driven by 6.9% price growth and 3.8% volume growth; aggregates gross profit per ton for the year was $8.45, up 12%.
- +15 more takeaways
Lithia & Driveway Q4 2025 Earnings Call - Used Sales and DFC Scale Offset New-vehicle Margin Squeeze
Lithia delivered record revenue but not a mystery. Q4 set top-line highs driven by outsized used vehicle volume and a rapidly scaling captive finance arm, while front-end vehicle gross profit compress...
- Record Q4 revenue of $9.2 billion, full-year revenue $37.6 billion, up 4% year-over-year.
- Adjusted diluted EPS $6.74 for Q4 and $33.46 for the full year, up 16% versus 2024.
- Total vehicle GPU was $39.46, down $258 year-over-year; new vehicle GPU $27.66, down $300; used GPU $1,575, down $151.
- +12 more takeaways
Tenet Healthcare Fourth Quarter 2025 Earnings Call - Robust margin gains meet a conservative $250m hit from exchange subsidy expirations
Tenet closed 2025 with stronger-than-expected operating momentum, reporting $21.3 billion in net operating revenues and $4.566 billion in consolidated adjusted EBITDA, up 14% year over year and drivin...
- 2025 results beat expectations: $21.3 billion net operating revenues, $4.566 billion consolidated adjusted EBITDA, 14% YoY growth, adjusted EBITDA margin 21.4% up 210 basis points.
- USPI outperformance: 2025 adjusted EBITDA $2.026 billion, Q4 USPI adjusted EBITDA margin 40.5%, same-facility revenue +7.2%, net revenue per case +5.5%, volumes +1.6%.
- Hospital segment strength: 2025 hospital adjusted EBITDA $2.54 billion, same-facility revenue per adjusted admission +5.3%, full-year hospital EBITDA up 16% YoY.
- +15 more takeaways
América Móvil Fourth Quarter 2025 Earnings Call - Free cash flow up 40%, priorities: deleveraging and steady 14-15% CapEx
América Móvil closed Q4 2025 with clear momentum on customers and cash. Revenue and EBITDA rose modestly in Mexican peso terms but stronger at constant exchange rates, helped by accelerated postpaid a...
- Q4 revenue: MXN 245 billion, up 3.4% in Mexican peso terms and up 6.2% at constant exchange rates; service revenue grew 5.3% YoY at constant rates.
- EBITDA for the quarter was MXN 95 billion, rising 4.2% in MXN and 6.9% at constant exchange rates, with EBITDA growth outpacing revenue on operating leverage.
- Net profit jumped to MXN 19 billion in Q4, roughly four times last year’s quarter, equivalent to MXN 0.32 per share or $0.35 per ADR.
- +11 more takeaways
T-Mobile Q4 2025 Earnings Call - Widening differentiation fuels raised 2026 outlook and 15M FWA target by 2030
T-Mobile used its halftime Capital Markets Day check-in to double down on a single argument, then back it with numbers. Management says widening differentiation across network, value, and experience h...
- T-Mobile raised guidance for 2026, calling for approximately $77 billion in service revenue, roughly 8% reported growth, with about $3.6 billion contributed from M&A; 2027 service revenue guidance is $80.5 billion to $81.5 billion, roughly 5% reported growth.
- Management expects 900,000 to 1 million postpaid net account additions in 2026, with an implied roughly 2.5 million postpaid phone net additions underlying that guide.
- T-Mobile now targets postpaid ARPA growth of 2.5% to 3% annually, driven by premium plan loading, backbook dynamics, and cross-sell of new services.
- +16 more takeaways
SFL Fourth Quarter 2025 Earnings Call - Tanker windfall and spot strength generate cash, GAAP charges turn quarter into a headline loss
SFL closed Q4 2025 with $176m of revenues and an adjusted EBITDA-equivalent cash flow of $109m, driven by strong tanker spot markets and the sale/charter maneuvers on four Suezmaxes. Management declar...
- Reported Q4 revenues $176 million and adjusted EBITDA-equivalent cash flow of $109 million, roughly flat with Q3.
- Twelve‑month EBITDA amounted to $450 million, signaling stable underlying operations.
- Board declared a $0.20 quarterly dividend, cited as the company’s 88th consecutive dividend in the call (note: CFO later referenced the 80th), producing an implied yield of around 9% based on recent share price.
- +13 more takeaways
InvenTrust Q4 2025 Earnings Call - Sun Belt expansion and disciplined balance sheet underpin mid-single-digit FFO growth
InvenTrust closed 2025 with clear momentum, leaning into a Sun Belt, grocery-anchored strategy while keeping its balance sheet deliberately conservative. Same property NOI jumped 5.3% for the year, co...
- Same Property NOI grew 5.3% in 2025, marking the second straight year above 5% and five consecutive years above 4%.
- Nareit FFO for full year 2025 reported at $1.89 per diluted share; CFO also reported Core FFO of $1.83 per share, while CEO referenced Core FFO at the high end of guidance of $1.89, a discrepancy noted on the call.
- Core operating performance drove FFO upside, with management saying Core FFO finished at the high end of guidance and year-over-year growth in the mid-single-digits expected for 2026.
- +11 more takeaways
BorgWarner Fourth Quarter 2025 Earnings Call - Margins Expand and New Turbine Generator System Targets $300M Launch in 2027
BorgWarner closed 2025 with revenue of $14.3 billion, modest top-line growth driven by a 23% jump in light vehicle e-product sales, while lingering battery weakness muted overall organic growth. The c...
- Full-year 2025 sales of approximately $14.3 billion, up about $200 million year-over-year.
- Light vehicle e-product sales grew ~23% in 2025, a primary driver of product mix improvement.
- Adjusted operating margin for 2025 was 10.7%, up 60 basis points versus 2024; Q4 adjusted operating margin was 12.0%.
- +16 more takeaways
UFG Insurance Q4 2025 Earnings Call - Transformation Delivers Record Underwriting Profit and 13.7% ROE
UFG reported a clean turnaround in 2025, driven by disciplined underwriting, higher investment income, and operational fixes. Net written premium grew 9% to just over $1.3 billion, underwriting profit...
- Net written premium grew 9% in 2025 to just over $1.3 billion, driven by record new business of $247 million and strong retention in core commercial lines.
- Underwriting profit surged to $67 million in 2025, up from $9 million in 2024, as combined ratio improved to 94.8% for the year.
- Return on equity reached 13.7% for 2025, the highest level the company has reported in nearly two decades.
- +12 more takeaways