Latest 10-K annual reports

Southwest Airlines achieved record full-year revenue in 2025, driven by transformational initiatives and strong domestic travel demand, despite a slight dip in GAAP net income.

Piermont Valley Acquisition Corp, a blank check company, filed its annual 10-K report, detailing multiple business combination extensions, a terminated merger, and Nasdaq delisting.

Bassett Furniture Industries, Incorporated reported a return to net income in fiscal 2025, driven by increased sales, improved gross margins, and reduced SG&A expenses, while extending its credit facility.

Cullen/Frost Bankers, Inc. announced a significant increase in net income and diluted earnings per common share for 2025, driven by higher net interest income and non-interest income.

America's largest shipbuilder, Huntington Ingalls Industries, reports an 8% revenue increase and 10% net earnings growth in 2025, driven by higher shipbuilding volumes.

Carrier Global Corporation reported a 3% decrease in net sales and an 18% drop in operating profit for 2025, while advancing its pure-play climate and energy solutions strategy through divestitures and a significant AFFF litigation settlement.

Trane Technologies plc announced robust financial performance for 2025, including significant revenue growth, improved profitability, and a 12% increase in its quarterly dividend, alongside ongoing strategic acquisitions and share repurchases.

Fastenal Company achieved significant sales and profit growth in 2025, driven by market share gains and strategic digital initiatives, despite a sluggish manufacturing economy.

SiriusXM Holdings Inc. reported a 2% revenue decline in 2025, alongside subscriber losses, but achieved significant net income improvement and strong free cash flow growth driven by reduced impairment charges and cost optimization.

InterDigital reports a robust 2025 with significant patent licensing wins, including a major Samsung arbitration award, despite a slight revenue dip from prior year's catch-up revenue.

Intercontinental Exchange, Inc. (ICE) reported robust financial performance in 2025, with significant revenue and net income growth driven by strong performance across its Exchanges and Fixed Income & Data Services segments, alongside strategic investments and share repurchases.

Ocular Therapeutix's 2025 annual report reveals widening net losses and declining DEXTENZA revenue, despite significant advancements in its AXPAXLI clinical programs and a substantial capital raise.

Tradeweb Markets Inc. announced robust financial results for 2025, driven by significant revenue and earnings growth, strategic acquisitions, and expansion into digital assets.

Chipotle Mexican Grill reported a 5.4% revenue increase to $11.9 billion in 2025, despite a 1.7% decrease in comparable restaurant sales, as it continued aggressive new restaurant openings and share repurchases.

Weatherford International plc reported an 11% decrease in total revenue and a 19% drop in operating income for 2025, primarily due to a softening market and reduced activity in Latin America.

Varonis Systems, Inc. reports significant SaaS revenue growth and strategic acquisitions in 2025, alongside continued net losses and a full transition to a SaaS delivery model by end of 2026.

PulteGroup, Inc. reports a decline in 2025 net income and home sale revenues amid weakened consumer demand and higher costs, while maintaining a strong capital position and increasing shareholder returns.

Lesaka Technologies, Inc. filed an amended 10-K to provide executive compensation and corporate governance details for fiscal year 2025, previously omitted from its annual report.

The Ensign Group, Inc. reported an 18.7% increase in total revenue for 2025, driven by strategic acquisitions and improved occupancy in its skilled nursing and senior living facilities.

Terreno Realty Corporation reported significant growth in 2025, driven by strategic industrial property acquisitions, increased rental rates, and strong operational performance, alongside a new term loan and dividend increase.

Public Company Management Corporation (PCMC) reports substantial doubt about its ability to continue as a going concern, while actively pursuing a merger with a healthcare facilities company.

Advanced Micro Devices, Inc. filed an amendment to its 2025 annual report to correct transposed figures for Client segment unit shipments and average selling price, while reporting significant growth in Data Center and Client & Gaming segments.

Lakeshore Acquisition III Corp., a blank check company, reported a net income of $1.26 million for 2025, but faces substantial doubt about its ability to continue as a going concern without a business combination.

Mondelēz International reports a significant drop in 2025 net earnings and EPS, driven by soaring input costs and unfavorable volume/mix, despite revenue growth.

Manhattan Associates exceeded expectations in 2025 with a 21% surge in cloud subscription revenue and a 7% increase in operating income, driven by solid demand for its cloud solutions.

Reynolds Consumer Products Inc. reported a 1% increase in total net revenues to $3.721 billion for fiscal year 2025, despite a 14% decrease in net income to $301 million, driven by higher input costs and strategic initiative expenses.

Regeneron Pharmaceuticals reports increased net income and diluted EPS in 2025, driven by strong Dupixent sales, despite a significant decline in U.S. EYLEA revenue and ongoing regulatory and legal challenges.

GE HealthCare Technologies Inc. reported a 4.8% increase in total revenues for 2025, reaching $20.6 billion, driven by strong performance in its PDx, Imaging, and AVS segments, despite significant tariff impacts and a decline in its PCS segment.

Ares Capital Corporation's 2025 annual report reveals robust investment activity, increased total assets, and strategic capital management, reinforcing its position as a leading BDC despite a slight dip in net investment income and unrealized losses.

PayPal Holdings, Inc. announced a significant increase in net income and diluted EPS for fiscal year 2025, driven by strategic focus on profitable growth and value-added services, despite a decline in payment transactions.