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Quarterly Results

Latest Financial Performance & Business Updates

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Q4 2025 Results (Most Recent)

Reported January 28, 2026

REVENUE

$1.58B

+18% YoY Growth

OPERATING PROFIT

$335M

21.2% Margin

NET INCOME

$268M

+22% YoY Growth

EPS

$2.35

+20% YoY Growth

Highlights

  • Strong momentum across all six subsidiaries
  • InnovateLabs drove growth with continued AI research progress
  • Operating expenses controlled at 78.8% of revenue
  • Digital Ventures platform adoption exceeded projections by 25%

Historical Quarterly Performance

Quarter Revenue Op. Profit Op. Margin Net Income EPS
Q4 2025 ✓ $1,580M $335M 21.2% $268M $2.35
Q3 2025 $1,485M $312M 21.0% $248M $2.17
Q2 2025 $1,445M $298M 20.6% $235M $2.06
Q1 2025 $1,290M $255M 19.8% $199M $1.74
Q4 2024 $1,340M $270M 20.1% $220M $1.96
Q3 2024 $1,290M $248M 19.2% $198M $1.73
Q2 2024 $1,195M $225M 18.8% $175M $1.53
Q1 2024 $1,105M $200M 18.1% $155M $1.35

Q4 2025 Income Statement

LINE ITEMS Q4 2025 Q4 2024 Change %
Total Revenue $1,580M $1,340M +17.9%
Cost of Revenue $790M $670M +17.9%
Gross Profit $790M $670M +17.9%
Operating Expenses $455M $400M +13.8%
Operating Income $335M $270M +24.1%
Interest Expense (net) $45M $35M +28.6%
Other Income $22M $15M +46.7%
Income Before Taxes $312M $250M +24.8%
Income Tax Expense $44M $30M +46.7%
NET INCOME $268M $220M +21.8%

Q4 2025 Balance Sheet (Selected Items)

BALANCE SHEET ITEMS Q4 2025 Q4 2024 Change %
Cash & Equivalents $1,200M $900M +33.3%
Current Assets $2,800M $2,350M +19.1%
Total Assets $12,500M $11,200M +11.6%
Current Liabilities $1,500M $1,350M +11.1%
Total Debt $2,800M $3,050M -8.2%
Total Equity $7,300M $6,500M +12.3%
Debt-to-Equity Ratio 0.38x 0.47x Improved

Q4 2025 Cash Flow Statement

CASH FLOW ITEMS Q4 2025 Q4 2024
Operating Cash Flow $310M $245M
Capital Expenditures ($115M) ($95M)
Free Cash Flow $195M $150M
Investing Cash Flow ($80M) ($60M)
Financing Cash Flow ($65M) ($55M)
Net Change in Cash $50M $35M

Business Segment Performance (Q4 2025)

InnovateLabs

Revenue: $285M (+22% YoY)

Margin: 24.6%

FinPro Capital

Revenue: $340M (+15% YoY)

Margin: 28.2%

Digital Ventures

Revenue: $268M (+35% YoY)

Margin: 19.8%

Global Trade Solutions

Revenue: $195M (+12% YoY)

Margin: 16.4%

TechNova Solutions

Revenue: $245M (+18% YoY)

Margin: 21.2%

Precision Manufacturing

Revenue: $247M (+14% YoY)

Margin: 18.6%

Forward Guidance & Outlook

Q1 2026 Expectations

  • Revenue guidance: $1.6-1.65B (midpoint: +2.5% sequentially)
  • Operating margin guidance: 20.8-21.3%
  • EPS guidance: $2.40-2.50
  • Capital expenditure: ~$120M (primarily in R&D and AI infrastructure)

Full Year 2026 Outlook

Revenue: $6.8-7.2B (18-22% growth)

Operating Margin: 20-21%

Net Income: $1.0-1.1B

EPS: $8.70-9.50

Key Drivers & Risks

Positive Drivers: Continued AI demand, digital transformation acceleration, asset management growth, supply chain normalization

Risk Factors: Macroeconomic slowdown, technology disruption, regulatory changes, currency fluctuations