#financial-performance

#financial-performance

Revenue $6.40 billion, rising 12% as reported and 11% in constant currency; record for fiscal Q1 performance. GAAP EPS $4.60, growing 11% year over year; Non-GAAP EPS $6.06, growing 19% year over year, both outpacing revenue growth. Operating margins GAAP operating margin of 37.8% and non-GAAP operating margin of 47.4% reported for the quarter.

Uber Technologies isn't trying to build autonomous vehicles. It's trying to be the road every AV company drives on. The strategy is to become the distribution layer for the autonomous vehicle era, the app that passengers open regardless of whose robot is doing the driving.

We are seeing a structural shift toward bundled deals. Both agreements include bundled mortgage and closing products, which the company said are incrementally accretive to unit economics. Our overall pipeline remains robust, up approximately 40% year over year.

Adjusted EBITDA totaled $143 million, a 138% increase from 2024. This was a reflection of improved earnings quality and the benefits of scale across the company's platform. Funded loan volume totaled $2.4 billion in 2025, a 24% increase from 2024, with fourth-quarter funded volume reaching $619 million, up 16% from the same period a year earlier.

Character-driven leaders who display four cardinal virtues - integrity, compassion, the ability to forgive and forget, and accountability - consistently deliver return on assets up to five times larger than the ROAs produced by their counterparts with a self-focused leadership style, who never or rarely exhibit those four traits.

In total, around 50,000 jobs are due to be cut by 2030 across the Volkswagen Group in Germany. The 10-brand group had already struck a deal with unions at the end of 2024 to cut 35,000 jobs by 2030, mostly at its namesake brand, as part of plans to save €15 billion a year.

When the ground shakes, investors reach for companies that have been paying and raising dividends longer than most people have been investing. These five Dividend Aristocrats have earned that reputation quarter after quarter, decade after decade.

Job cuts are reportedly occurring across multiple divisions, including investment banking, trading, investment management and wealth management. Within wealth management, private bankers and back-office support staff were among those affected. Layoffs began last week, with many occurring Wednesday, according to sources cited by WSJ.

AI revenue -- $42,000,000 year to date, ahead of last year's $40,000,000, with company guidance of $45,000,000-$50,000,000 for the full year. Research publishing output -- Submissions increased 26%, article output up 11%, and revenue up 4% excluding AI, outpacing the broader market.

Net profits also rose by almost 260%, from $447.8 million to $1.6 billion. Fintech division Monee was the company's fastest-growing division, posting 60% growth over 2025. During the earnings call, Li added that Sea wants to continue expanding the division's suite of products, foraying into areas like digital banking and insurance.

Consumer Loan Marketplace volume was primarily driven by new partner expansion with 307 partners and continued growth in volume from nascent products such as small-business lending loans and DSCR loans. From a DSCR perspective, we do have now about 25 or so partners that have been activated, with another 15 agreements out.

Vistra's core business is performing at a level that justifies management's confidence. The record Adjusted EBITDA, locked-in long-term power purchase agreements with hyperscale technology buyers, and a ~30% reduction in share count since November 2021 through roughly $5.9 billion in buybacks paint a picture of a management team allocating capital with conviction.

Southwest's Q4 showed real operational momentum. Operating income grew 40.65% year over year to $391 million, and net income rose 23.75% to $323 million. The airline introduced assigned seating and extra legroom options, launched Getaways by Southwest, expanded distribution through Expedia and Priceline, and rolled out free Wi-Fi for Rapid Rewards members.

Tribeca Global Natural Resources reported a sharp turnaround in performance for the half-year to 31 December 2025, moving from a loss a year earlier to revenue of $118.6 million and profit after tax attributable to members of $69.5 million. Earnings per share rose to $0.90, net tangible assets per share increased markedly, and the board declared a fully franked interim dividend of $0.05 per share.

Nu's Q3 2025 results were difficult to criticize. Revenue reached $4.17 billion, exceeding consensus expectations of roughly $4.04 billion by about $134 million. Revenue grew 46% year-over-year, underscoring continued momentum across its core markets. Net income totaled $783 million, up 39% year-over-year on an FX-neutral basis.

The Las Vegas gaming supplier said Tuesday (February 24) that full-year revenue reached $3.3 billion, a roughly 4% increase from a year earlier. Profit told a different story. Net income for the year fell 18% to $276 million, and the company recorded a $15 million loss in the fourth quarter.

AMC Entertainment Holdings reported its fourth-quarter 2025 financial results as well as its full-year 2025 results. It's fair to say the company did not have a blockbuster quarter or year. For the company's Q4 2025, which ended on December 31, AMC reported total revenue of $1.28 billion. That's a drop of 1.4% from the $1.3 billion the company reported for the same quarter a year earlier.

Prediction markets surged in 2025, with trading volumes reaching $63.5 billion, a fourfold increase from $15.8 billion in 2024. Platforms like Polymarket and Kalshi drove this growth, enabling bets on outcomes across politics, sports, economics, and more. Is there a cause-and-effect relationship between the flourishing of prediction markets and the kneecapping of the stocks traditional online betting sites like DraftKings ( NASDAQ:DKNG | DKNG Price Prediction) and Flutter Entertainment ( NASDAQ:FLUT ) have suffered in the past 12 months?

The Turnaround Thesis: What Analysts See The bull case rests on Q3 2025's surprise beat. Unity Software ( NYSE:U) posted $0.20 earnings per share against expectations of a $0.23 loss, a 187% beat marking the first profitable quarter in recent memory. Revenue hit $471 million with 5.4% growth, while adjusted EBITDA margins expanded 200 basis points to 23%. CEO Matthew Bromberg called it an inflection point:

Global-E posted $220.8 million in revenue, up 25.5% year-over-year, with gross margins at 45.1%. The company generated $13.2 million in net income, but profit margin remained razor-thin at 0.83%. Operating margin reached 7.7%, showing the business model works operationally, but capital efficiency remains a problem. Return on equity sits at just 0.81%, meaning the company barely generates returns on deployed capital. That's the core issue Wall Street keeps circling back to.

Tesla Inc.'s ( NASDAQ: TSLA) share price has retreated 6.4% in the past week. The company warned of a sharp drop in fourth-quarter deliveries, and a major supplier contract restatement hinted at declining demand for the Cybertruck. The stock is still 43.1% higher than six months ago, outperforming the S&P 500 in that time. However, Tesla stock is only 8.9% higher than a year ago, underperforming the Nasdaq.

Shares of Microsoft (NASDAQ:MSFT) gained 1.96% over the past five trading sessions after losing 0.03% the five prior. That brings MSFT's year-to-date gain to 16.59%, including a nearly 38% gain since its year -to-date low on April 8. When the Magnificent Seven member reported FY 2026 Q1 earnings on Oct. 29, 2025, shares fell despite beating on EPS and revenue. The company announced earnings of $3.72 per share versus analysts' expectations of $3.67, and quarterly revenue of $77.67 billion versus analysts' expectations of $75.33 billion.

It's been an eventful, exciting and special year, at the end of which we have well over 430,000 members, which says a lot about how much is being done right in this club, both on and off the pitch. On behalf of the club, I would like to thank all members and fans for their support and loyalty. Together, we can look back on an anniversary year with plenty of reasons to celebrate,