Market Signal Briefing

Purchase of own shares

LONDON, UK / ACCESS Newswire / March 4, 2026 / The Company announces that on 03 March 2026 it purchased the following number of its ordinary shares of 20340/399 pence each through Goldman Sachs International ("GSI") on the London Stock Exchange in accordance with the authority granted by shareholders at the Company's Annual General Meeting on 8 May 2025 (the "Purchase"). The Purchase was effected pursuant to instructions issued by the Company on 17 February 2026, as announced on 17 February 2026.

Date of purchase:

03 March 2026

Aggregate number of ordinary shares purchased:

50,000

Lowest price paid per share:

$ 126.8000

Highest price paid per share:

$ 131.0000

Average price paid per share:

$ 128.9508

The Company intends to cancel the purchased shares.

Following the above transaction, the Company has 150,750,048 ordinary shares in issue (excluding 5,481,782 held in treasury).

A full breakdown of the individual purchases by GSI is included below.

http://www.rns-pdf.londonstockexchange.com/rns/2064V_1-2026-3-3.pdf

Enquiries to:

InterContinental Hotels Group PLC:

Investor Relations: Stuart Ford (+44 (0)7823 828 739); Kate Carpenter (+44 (0) 7825 655 702); Joe Simpson (+44 (0)7976 862 072)

Media Relations: Neil Maidment (+44 (0)7970 668 250); Mike Ward (+44 (0)7795 257 407)

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact [email protected] or visit www.rns.com.

SOURCE: InterContinental Hotels Group PLC

VANCOUVER, BRITISH COLUMBIA / ACCESS Newswire / March 4, 2026 / Mako Mining Corp. ("Mako" or the "Company") (TSXV:MKO)(OTCQX:MAKOF) is pleased to announced that today Mako shareholders who were eligible to vote on the proposed acquisition of 100% of the membership interests of Mt. Hamilton LLC, the owner of the Mt. Hamilton project in Nevada, USA, from Sailfish Royalty Corp. ("Sailfish"), including the grant of the amended gold stream to Sailfish in consideration for the acquisition (the "Mt. Hamilton Acquisition"), overwhelmingly approved the Mt. Hamilton Acquisition.

Of the total number of Mako common shares eligible to be voted, represented at the meeting in person and by proxy (which excluded the common shares held by related parties pursuant to the requirements of the TSX Venture Exchange), approximately 99.99% were voted in favour of Mt. Hamilton Acquisition.

Full details of the Mt. Hamilton Acquisition can be found in the management information circular of Mako dated December 23, 2025, as supplemented February 14, 2026. An electronic copy of the management information circular and supplement are available under the Company's profile on SEDAR+ at www.sedarplus.ca.

About Mako

Mako Mining Corp. is a publicly listed gold mining, development and exploration company. The Company operates the high-grade San Albino gold mine in Nueva Segovia, Nicaragua, which ranks as one of the highest-grade open pit gold mines globally and offers district-scale exploration potential. Mako also owns the Moss Mine in Arizona, an open pit gold mine in northwestern Arizona. Mako also holds a 100% interest in the PEA-stage Eagle Mountain Project in Guyana, South America. Eagle Mountain is the subject of engineering, environmental and mine permitting activity.

For further information about Mako, please contact Akiba Leisman, Chief Executive Officer, at (917) 558-5289 or [email protected], or visit our website at www.makominingcorp.com and our profile on SEDAR+ at www.sedarplus.ca.

Neither the TSXV nor its Regulation Services Provider (as that term is defined in the policies of the TSXV) accepts responsibility for the adequacy or accuracy of this news release.

Cautionary Note Regarding Forward-Looking Statements

This news release contains "forward-looking information" within the meaning of applicable Canadian securities laws. Statements in this news release, other than statements of historical facts, are forward looking statements. Forward-looking information may be identified by the use of forward-looking terminology such as "plans", "targets", "expects", "is expected", "scheduled", "estimates", "outlook", "forecasts", "projection", "prospects", "strategy", "intends", "anticipates", "believes", or variations of such terminology which states that certain actions, events or results "may", "could", "would", "might", "will", "will be taken", "occur" or "be achieved". Forward-looking information is based on the opinions, assumptions and estimates of management considered reasonable at the date the statements are made and is inherently subject to a variety of risks and uncertainties and other known and unknown factors that could cause actual events or results to differ materially from those projected in the forward-looking information. These risks include the Company not obtaining the final approval of the TSX Venture Exchange in a timely manner and the timing for completion of the Mt. Hamilton Acquisition not occurring as anticipated, as well as those risk factors set out in the Company's disclosure documents filed with the securities regulatory authorities in Canada on SEDAR+ at www.sedarplus.ca. Although Mako has attempted to identify important risk factors that could cause actual results or future events to differ materially from those contained in forward-looking information, there may be other risk factors that could cause actual results or future events to differ materially from those expressed. Accordingly, readers should not place undue reliance on forward-looking information. Mako disclaims any obligation to update or revise any forward-looking information whether as a result of new information, future events or otherwise, except as required by applicable securities laws.

SOURCE: Mako Mining Corp.

DASSAULT AVIATION RESULTS
CONSOLIDATED DATA

 20252024Order intakeEUR 10,941 million26 Export Rafale

31 Falcon

EUR 10,869 million30 Export Rafale

26 Falcon

Adjusted Net Sales(*)EUR 7,420 million26 Rafale
of which 15 Export and 11 France

37 Falcon

EUR 6,230 million21 Rafale
of which 14 France and 7 Export

31 Falcon

Backlogas of December 31

EUR 46,596 million220 Rafale

of which 175 Export and 45 France

73 Falcon

EUR 43,224 million220 Rafale

of which 164 Export and 56 France

79 Falcon

Adjusted operating income(*)Adjusted operating margin

EUR 635 million8.6% of net sales

EUR 519 million8.3% of net sales

Self-funded Research and DevelopmentEUR 389 million5.2% of net sales

EUR 437 million7.0% of net sales

Adjusted net income(*)Adjusted net margin

Earnings per share

EUR 1,061 million14.3% of net sales

EUR 13.60 per share

EUR 1,056 million17.0% of net sales

EUR 13.46 per share

Available cashas of December 31

EUR 9,415 millionEUR 8,434 millionDividendsEUR 371 millionEUR 4.78 per share

EUR 370 millionEUR 4.72 per share

Employee profit-sharing and incentives including 20% employer’s corresponding taxHeadcount as of Dec. 31

EUR 245 million15,024

EUR 245 million14,589

NB: - Dassault Aviation recognizes Export Rafale contracts in their entirety (including the Thales and Safran parts)
- Excluding the corporate tax surcharge in France, adjusted net income for 2025 would have been EUR 1,157 million

Main IFRS aggregates (see reconciliation table below)

(*) Consolidated net salesEUR 7,426 millionEUR 6,240 million(*) Consolidated operating incomeEUR 639 millionEUR 527 million(*) Consolidated net incomeEUR 977 millionEUR 924 million
Saint-Cloud, March 4, 2026 - At yesterday’s meeting chaired by Mr. Éric Trappier, the Board of Directors approved the 2025 statement of accounts. The audit procedures have been completed and the audit opinion is in the process of being issued.

« The military, geopolitical, and budgetary contexts, coupled with tariffs, are creating uncertainty for the business activity. At the same time, the tax pressure erodes the company’s competitiveness.

Although the French defense budget, including its “steps”, is preserved, its implementation requires a revision of the Military Programming Law. Furthermore, uncertainty remains regarding the FCAS (Future Combat Air System).

In this demanding context, the Rafale confirmed its success in 2025 with the delivery of the 300th Rafale and an order for 26 Rafale by the Indian Navy.

The post-closing decision by the Defence Acquisition Council, to enter into direct negotiations for India's acquisition of 114 Rafale, reinforces the need for the Make in India initiative, already emphasized in 2025 with the majority stake acquisition of DRAL and partnerships with companies including Tata Advanced Systems and other Indian industrial players.

In a market marked by uncertainties related to the tariffs in the United States in the first half of 2025, the Falcon activity recorded 31 orders and 37 deliveries. Competitiveness remains a key element of the business jet market.

The backlog stands at EUR 46.6 billion, including 220 Rafale and 73 Falcon.

In 2025, net sales reached EUR 7.4 billion, with 26 Rafale delivered (for a guidance of 25) and 37 Falcon (for 40 guided). Adjusted operating income amounted to EUR 635 million, up 22% compared to 2024. Adjusted net income reached EUR 1,061 million. This net income includes the EUR 96 million tax surcharge in France (excluding this surcharge, the net income would have amounted to EUR 1,157 million).

In 2025, development programs continued with:

work on the Rafale F4 standard, including the acceptance of the F4-2 standard and development of the F4-3,work on Phase 1B of the FCAS (Future Combat Air System),the Falcon 10X, the first aircraft of which is in the final stage of manufacturing,the first flights in 2025 of the ARCHANGE (Falcon 8X strategic intelligence) and ALBATROS (Falcon 2000 maritime surveillance and intervention) mission aircraft; the first ALBATROS delivery is scheduled for 2026,the VORTEX-D space demonstrator, and the launch of design and development work, supported by the French Defense Procurement Agency. Regarding our support activities, the commitment is growing, both for military aircraft, with an increasing number of Rafale deployed around the world, and for civil aircraft, with the opening of the new maintenance center in Melbourne, Florida.

Furthermore, 2025 was marked by:

the continued modernization of industrial infrastructure, particularly to ensure the Rafale production ramp-up,the continued deployment of digital solutions (3DExperience™, SAP and generative AI),strategic partnerships established for sovereign and controlled AI: collaborations with AMIAD, Thale (cortAIx), and the acquisition of a stake in Harmattan AI. In 2025, Dassault Aviation hired 1,579 people, bringing its workforce to 15,024 employees. In addition, Dassault Aviation continued its efforts in the area of decarbonization.

Our objectives for 2026 are to:

meet our Rafale and Falcon delivery commitments by reducing manufacturing cycles and hours,negotiate the 114 Indian Rafale and accelerate the “Make in India” initiative,meet development deadlines and costs of the launched developments while reducing cycles,prepare for the future of the Rafale with its F5 standard, the development of a combat drone, and the development of a future fighter,operational support and aircraft readiness: maintain the level of satisfaction of our military customers and regain a leading position in business aviation support rankings,continue export prospecting for the Rafale,achieve level of Falcon sales,continue the VORTEX development in the space sector,continue the deployment of digital technologies and the integration of AI,continue the skills development of new hires. The 2026 guidance is an increase in net sales compared to 2025, reaching the EUR 8.5 billion range (including the delivery of 40 Falcon and 28 Rafale). »

Éric TRAPPIER, Chairman and Chief Executive Officer of Dassault Aviation

1. CONSOLIDATED ORDER INTAKE

2025 consolidated order intake was EUR 10,941 million versus EUR 10,869 million in 2024. Export order intake represented 89%.

The progression is as follows, in millions of euros:

 202520242023    Defense8,2908,3096,524Defense Export7,4787,2943,583Defense France8121,0152,941    Falcon2,6512,5601,729    Total consolidated order intake10,94110,8698,253% Export89%90%64% The order intake is composed entirely of firm orders.

Defense programs

The Defense order intake 2025 totaled EUR 8,290 million, compared with EUR 8,309 million in 2024.

The Defense Export share amounted EUR 7,478 million in 2025, versus EUR 7,294 million in 2024. In 2025, 26 Export Rafale were ordered by the Indian Navy, compared to 30 Export Rafale ordered in 2024 (18 by Indonesia and 12 by Serbia).

The Defense France share amounted to EUR 812 million in 2025, compared with EUR 1,015 million in 2024.

Falcon programs

In 2025, 31 Falcon orders were recorded, compared with 26 in 2024. Falcon order intake totaled EUR 2,651 million versus EUR 2,560 million in 2024.

2. CONSOLIDATED ADJUSTED NET SALES

The 2025 adjusted net sales were EUR 7,420 million versus EUR 6,230 million in 2024. Export represented 77% of consolidated adjusted net sales.

The progression is as follows, in millions of euros:

 202520242023    Defense4,6453,9652,980 Defense Export2,9732,0161,512 Defense France1,6721,9491,468    Falcon2,7752,2651,821    Total consolidated adjusted net sales7,4206,2304,801% Export77%68%68% Defense programs

26 Rafale (15 Export and 11 France) were delivered in 2025, compared with the guidance of 25 deliveries. 21 Rafale (14 France and 7 Export) were delivered in 2024.

Defense net sales in 2025 was EUR 4,645 million versus EUR 3,965 million in 2024.

The Defense Export share was EUR 2,973 million versus EUR 2,016 million in 2024. This increase is mainly due to the delivery of 15 Export Rafale, whereas 7 Export Rafale were delivered in 2024.

The Defense France share was EUR 1,672 million versus EUR 1,949 million in 2024. This decrease is mainly due to the delivery of 11 Rafale France, compared to 14 Rafale France in 2024.

Falcon programs

37 Falcon were delivered in 2025, compared with the guidance of 40, versus 31 deliveries in 2024.

Falcon net sales for 2025 was EUR 2,775 million versus EUR 2,265 million in 2024. The increase is primarily due to the number of Falcon delivered (37 vs. 31 in 2024).

****

The book-to-bill ratio of Dassault Aviation (order intake/net sales) is 1.5x for 2025.

3. CONSOLIDATED BACKLOG

The consolidated backlog as of December 31, 2025 (determined in accordance with IFRS 15) was EUR 46,596 million, versus EUR 43,224 million as of December 31, 2024. Change in the backlog is as follows, in millions of euros:

As of December 31202520242023    Defense41,85138,20733,862 Defense Export33,76929,26523,986 Defense France8,0828,9429,876    Falcon4,7455,0174,646    Total consolidated backlog46,59643,22438,508% Export79%76%71% The backlog as of December 31, 2025 consists of the following:

Defense Export: EUR 33,769 million versus EUR 29,265 million as of December 31, 2024. This figure notably includes 175 Rafale compared with 164 Rafale as of December 31, 2024.Defense France: EUR 8,082 million versus EUR 8,942 million as of December 31, 2024. This figure mainly comprises 45 Rafale (vs 56 at the end of December 2024), the support contracts for the Rafale (Ravel), Mirage 2000 (Balzac), ATL2 (Ocean) and the Alpha Jet (Alphacare), the Rafale F4 standard and the order for phase 1B of the FCAS demonstrator.Falcon (including the ALBATROS and ARCHANGE mission aircraft): EUR 4,745 million versus EUR 5,017 million as of December 31, 2024. It includes notably 73 Falcon, compared with 79 as of December 31, 2024. Additional information on the backlog can be found in Note 24 to the consolidated financial statements.

4. ADJUSTED CONSOLIDATED RESULTS 

Adjusted consolidated operating income

Adjusted consolidated operating income for 2025 was EUR 635 million vs. EUR 519 million in 2024. This increase was mainly due to the increase in net sales.

Research and development costs, particularly for the Falcon 10X, amounted to EUR 389 million in 2025.

The adjusted consolidated operating margin stood at 8.6%, up from 8.3% in 2024, an increase of 0.3 percentage point.

The foreign exchange hedging rate was USD 1.13/EUR in 2025, vs. USD 1.14/EUR in 2024.

Adjusted consolidated financial result

Adjusted consolidated financial income for 2025 was EUR 142 million, compared with EUR 208 million in 2024, down due to the growing impact of the financing component and lower interest rates.

Adjusted consolidated net income

Adjusted consolidated net income for 2025 was EUR 1,061 million (excluding the corporate income tax surcharge in France, adjusted consolidated net income for 2025 would have been EUR 1,157 million), compared with EUR 1,056 million in 2024. Thales’ contribution to Dassault Aviation’s net income was EUR 534 million, versus EUR 507 million in 2024.

As a result, the adjusted consolidated net margin was 14.3% in 2025, versus 17.0% in 2024. This decrease is mainly due to the corporate tax surcharge in France and the lower weighting of financial income and Thales’ contribution.

Adjusted consolidated net income per share for 2025 was EUR 13.60 compared with EUR 13.46 in 2024.

5. CONSOLIDATED RESULTS UNDER IFRS

Consolidated operating income (IFRS)

Consolidated operating income for 2025 was EUR 639 million vs. EUR 527 million in 2024. This increase was mainly due to the increase in net sales.

Research and development costs, particularly for the Falcon 10X, amounted to EUR 389 million in 2025.

The consolidated operating margin was 8.6% compared to 8.4% in 2024.

Consolidated financial result (IFRS)

Consolidated financial result for 2025 stood at EUR 143 million, compared with EUR 200 million in 2024, with the increase of the financing component and lower interest rates.

Consolidated net income (IFRS)

Consolidated net income for 2025 was EUR 977 million compared with EUR 924 million in 2024 (excluding the corporate income tax surcharge in France, consolidated net income for 2025 would have been EUR 1,073 million). Thales’ contribution to Dassault Aviation’s net income was EUR 446 million, versus EUR 375 million in 2024.

As a result, consolidated net margin was 13.2% in 2025, against 14.8% in 2024.

Consolidated net income per share for 2025 was EUR 12.52 compared with EUR 11.78 in 2024.

6. AVAILABLE CASH 

Dassault Aviation uses a specific indicator called “Available cash”, which reflects the amount of total cash available to Dassault Aviation, net of financial debt. It includes the following balance sheet items: cash and cash equivalents, current financial assets and financial debt, excluding lease liabilities. The calculation of this indicator is detailed in the consolidated financial statements (see Note 9 of the December 31, 2025, consolidated financial statements).

Dassault Aviation’s available cash stands at EUR 9,415 million, versus EUR 8,434 million as of December 31, 2024. The increase in cash is mainly due to the advance payments received under the Export Rafale contracts.

7. CONSOLIDATED BALANCE SHEET

Total equity stood at EUR 6,664 million as of December 31, 2025 compared with EUR 6,332 million as of December 31, 2024, due to the results for the period.

Borrowings and financial debt stood at EUR 203 million as of December 31, 2025, compared with EUR 238 million as of December 31, 2024. Borrowings and financial debt include locked-in employees’ profit-sharing funds, for EUR 24 million, and lease liabilities, for EUR 179 million.

Inventories and work-in-progress rose EUR 727 million to EUR 7,451 million as of December 31, 2025, compared with EUR 6,724 million as of December 31, 2024. This increase was mainly due to the execution of military contracts in backlog. Advances and progress payments received on orders net of advances and progress payments paid increased by EUR 2,322 million as of December 31, 2025, due in particular to the advances received for Export Rafale contracts.

Derivative financial instruments had a market value of EUR 52 million as of December 31, 2025, compared with EUR -100 million on December 31, 2024, as a result of the change in the USD/EUR exchange rate between December 31, 2024 (USD 1.039/EUR) and December 31, 2025 (USD 1.175/EUR).

8. DIVIDENDS

The Board of Directors decided to propose to the Annual General Meeting a dividend distribution, in 2026, of EUR 4.78 per share, EUR 371 million in aggregate, representing a payout of 35%. At its meeting on March 3, 2026, the Board of Directors decided to cancel 684,288 shares. The dividend per share is calculated based on the number of shares as of December 31, 2025, netted of the number of those shares canceled.

Dividends per share over the last five years are provided in paragraph 5.2.6 of the Management Report.

It should be noted that, as part of value sharing, profit sharing and incentive schemes (including employer’s corresponding tax) in Dassault Aviation’s French entities account for an average of 35% of these companies’ 2025 income.

This Financial Release may contain forward-looking statements which represent objectives and cannot be construed as forecasts regarding the Company's results or any other performance indicator. The actual results may differ significantly from the forward-looking statements due to various risks and uncertainties, as described in the Company’s Directors’ report.

The English language version of this report is a free translation from the original, which was prepared in French language. All possible care has been taken to ensure that the translation is an accurate presentation of the original. However, in all matters of interpretation, views or opinion expressed in the original language version of the document in French take precedence over the translation.

CONTACTS:

Corporate Communication

Stéphane Fort +33 (0)1 47 11 86 90 - [email protected]

Mathieu Durand +33 (0)1 47 11 85 88 - [email protected]

Investor Relations

Louis Proisy +33 (0)1 47 11 59 51 - [email protected]

APPENDIX

1. DEFINITION OF ALTERNATIVE PERFORMANCE INDICATORS

To reflect consolidated actual economic performance, and for monitoring and comparability reasons, Dassault Aviation presents an income statement adjusted with the following elements:

gains and losses resulting from the exercise of hedging instruments, which do not qualify for hedge accounting under IFRS standards. This income, presented as financial income in the consolidated financial statements, is reclassified as net sales and thus as operating income in the adjusted income statement,the valuation of foreign exchange derivatives which do not qualify for hedge accounting, by neutralizing the change in fair value of these instruments (considering that gains or losses on hedging should only impact income as commercial flows occur), with the exception of derivatives allocated to hedge balance sheet positions whose change in fair value is presented as operating income,amortization of assets valued as part of the purchase price allocation (business combinations), known as “PPA”,adjustments made by Thales in its financial reporting. Dassault Aviation also presents the “available cash” indicator, which reflects the amount of total liquidities, net of financial debt. It covers the following balance sheet items:

cash and cash equivalents,other current financial assets,financial debt, excluding lease liabilities. The calculation of this indicator is detailed in the consolidated financial statements (see Note 9).

Only consolidated financial statements are audited by statutory auditors.

Adjusted financial data are subject to the verification procedures applicable to all information provided in the annual report.

2. IMPACT OF THE ADJUSTMENTS

The impact in 2025 of adjustments to income statement aggregates is presented below:

(in EUR thousands)2025 consolidated income statementForeign exchange derivativesPPAAdjustments applied by Thales2025 adjusted income statementForeign exchange gain/lossChange in fair valueNet sales7,425,969-6,3830  7,419,586Operating income639,231-6,38301,943 634,791Net financial income143,2256,383-7,892  141,716Share in net income of equity associates456,443   88,132544,575Income tax-261,652 2,038-321 -259,935Net income977,2470-5,8541,62288,1321,061,147Net income attributable to the owners of the Parent Company977,3930-5,8541,62288,1321,061,293Net earnings per share
(in EUR)12.52    13.60 The impact in 2024 of adjustments to income statement aggregates is presented below:

(in EUR thousands)2024 consolidated income statementForeign exchange derivativesPPAAdjustments applied by Thales2024 adjusted income statementForeign exchange gain/lossChange in fair valueNet sales6,239,708-9,9410  6,229,767Operating income527,155-9,94102,122 519,336Net financial income199,8819,941-1,872  207,950Share in net income of equity associates382,917  3,956128,149515,022Income tax-186,129 483-411 -186,057Net income923,8240-1,3895,667128,1491,056,251Net income attributable to the owners of the Parent Company923,8240-1,3895,667128,1491,056,251Net earnings per share
(in EUR)11.78    13.46 Financial Release - 2025 Results

Affirm Holdings, Inc. (AFRM) Presents at Morgan Stanley Technology, Media & Telecom Conference 2026 Transcript

Lululemon Athletica (LULU 0.97%) is a major force in the athleisure category. The clothing company and retailer has a large and growing store footprint, and yet the stock has fallen by around 40% over the past five years and is more than 60% below its high-water mark over that span. That decline has occurred despite ongoing revenue and earnings growth.

The company's former CEO, Dennis Wilson, isn't happy, and he's speaking up. In a recent letter to Lululemon's shareholders, he laid out his concerns.

Here are three key takeaways.

Image source: Getty Images.

1. Dennis Wilson is a disgruntled former employee and a big stockholder Wilson's ire has to be taken in context. Although he founded the retailer, he was ousted as CEO in 2013. It was not a pretty period for the company, and it is likely that Wilson views the current board of directors and leadership as mismanaging "his" company. That's the negative view of this situation, but it has to be considered because it can help justify a potentially adversarial approach from the board.

The flip side is that Wilson is still a large shareholder and has a legitimate concern about the stock's value. His wealth has declined materially, along with every other shareholder's. That he can complain in this way and get media attention for it means that shareholders have someone in their corner. That remains true even if Wilson's motivations go beyond those of a normal shareholder.

2. Wilson's requests aren't unreasonable Wilson's big complaint is that the board doesn't have broad enough board representation that is relevant to the company's operation. Given that he founded the company, Wilson has a deep understanding of the company and the brand he created. If he believes the board needs new blood, including members with brand, creative, and marketing skills, it is probably worth strong consideration.

Today's Change

(

-0.97

%) $

-1.71

Current Price

$

174.46

Simply put, you should think deeply about Wilson's concerns even if the company pushes back.

3. Change takes time Wilson claims that Lululemon isn't being responsive. Lululemon claims it is.

It is an ugly fight at this point, and while dramatic, nothing is likely to change in the near term. Board battles, which is what this amounts to, can drag on for a long time, and, for better or worse, Wilson is not operating from a position of strength. While he is a large shareholder, there is only so much he can do beyond complaining loudly.

In the end, Wilson's letter alone is not a reason to buy or sell Lululemon stock. However, it could help inform your thinking about the company. The stock's price-to-sales, price-to-earnings, and price-to-book value ratios are all below their five-year averages, which suggests it is cheap. However, it might be cheap for a reason.

Tokyo, Tashkent and Barcelona , March 4, 2026 – VEON Ltd. (Nasdaq: VEON), a global digital operator, and Rakuten Group, Inc. today announce that Beeline Uzbekistan, VEON’s digital operator in Uzbekistan, and Rakuten Symphony, a subsidiary of Rakuten Group, have signed a Memorandum of Understanding (MoU) to explore strategic collaborations that support the development of Uzbekistan’s fast-growing digital economy, including on Open RAN development, AI-powered network intelligence and next-generation digital platforms.

The MoU, signed at the MWC Barcelona 2026, establishes a framework to explore collaboration on areas including network deployment, optimization and development, as well as digital services, leveraging Rakuten’s software stack and platform expertise.

Under this framework, the companies will assess opportunities to deepen collaboration across priority technology areas, including Open RAN architecture, the ways that AI can deliver more sophisticated network operations, next-generation digital platforms, cloud solutions and global IoT and mobile workforce connectivity. In addition, the two companies will advance collaboration in eSIM and international roaming, leveraging Rakuten Mobile’s AI-powered, cloud-native platform and its track record in delivering integrated eSIM services at scale.

Beeline Uzbekistan serves 7.7 million mobile subscribers and more than 9 million monthly active users with digital services. The partnership combines Beeline Uzbekistan’s strong market position and leadership in driving Uzbekistan’s digital growth, with Rakuten Symphony’s experience in cloud-native networks and open, automated architectures.

“We are pleased to continue our collaboration with VEON by expanding our partnership to Beeline Uzbekistan, which champions Uzbekistan’s digital growth with investments into network and digital services, supporting the national digital economy,” said Sharad Sriwastawa, President, Rakuten Symphony. “This partnership demonstrates both organizations’ commitment to advancing the national digital infrastructures with open, AI-ready software and connectivity solutions that will futureproof national telecom networks. We look forward to supporting Beeline Uzbekistan’s next steps in its digital journey.”

"Uzbekistan is on an ambitious path to becoming a digital economy leader in Central Asia, and we at Beeline Uzbekistan are committed to building the infrastructure and platforms that make this possible,” said Andrey Pyatakhin, CEO of Beeline Uzbekistan. “In collaboration with Rakuten Symphony, we will explore how cloud-native network architectures and AI-driven automation can accelerate our services and deliver better digital experiences for our customers. With this, we are building on the investments we have made in our Network Operations Center, our digital services ecosystem, and our new software company BuildX."

“We are excited to build the digital infrastructure and services that power Uzbekistan's economic growth and look forwarding to exploring collaborations with Rakuten across various areas,” said Kaan Terzioglu, VEON Group CEO, who joined the signing ceremony in Barcelona. “Extending our collaboration with Rakuten to Uzbekistan, following our Ukraine and Kazakhstan operations earlier, demonstrates the scalability of VEON’s approach in bringing cutting-edge technology partnerships to high-growth emerging markets that we proudly serve.”

Today’s announcement builds on the Rakuten-VEON partnership initially launched in 2023. Kyivstar Group and Beeline Kazakhstan, two other VEON Group Companies, are already partnering with Rakuten in Ukraine and Kazakhstan to explore collaboration on Open RAN and other digital cooperation opportunities.

About VEON
VEON is a digital operator that provides connectivity and digital services to nearly 150 million connectivity and 140 million digital users. Operating across five countries that are home to more than 6% of the world’s population, VEON is transforming lives through technology-driven services that empower individuals and drive economic growth. VEON is listed on NASDAQ. For more information, visit: https://www.veon.com. 

About Beeline Uzbekistan
Unitel LLC (doing business as “Beeline Uzbekistan”) has been operating as a digital operator under the Beeline Uzbekistan trademark since September 2006. Beeline Uzbekistan is a part of VEON Group and a Certified Top Employer in 2024, 2025 and 2026. Beeline Uzbekistan has more than 2,000 employees.

About Rakuten
Rakuten Group, Inc. (TSE: 4755) is a global technology leader in services that empower individuals, communities, businesses and society. Founded in Tokyo in 1997 as an online marketplace, Rakuten has expanded to offer services in e-commerce, fintech, digital content and communications to 2 billion members around the world. The Rakuten Group has around 30,000 employees, and operations in 30 countries and regions. For more information visit https://global.rakuten.com/corp/.

About Rakuten Symphony
Rakuten Symphony is changing supply chain norms and disrupting outmoded thinking that threatens the industry’s pursuit of rapid innovation and growth. Based on proven modern infrastructure practices, its open interface platforms make it possible to launch and operate advanced services in a fraction of the time and cost of conventional approaches, with no compromise to network quality or security. Rakuten Symphony has operations in Japan, the United States, Singapore, India, South Korea, Europe and the Middle East Africa region.  For more information about Rakuten Symphony's offerings, please visit: https://symphony.rakuten.com.

Forward-Looking Statements Disclaimer
This release contains “forward-looking statements”, as the phrase is defined in U.S. securities laws. The forward-looking statements in this release, including those related to VEON’s and its subsidiaries’ Rakuten Symphony partnerships, involve risks, uncertainties and other factors which could cause actual results and performance to differ materially from those expressed by such statements. These risks include those relating to uncertainty over success of our strategic initiatives, among others discussed in our Annual Report on Form 20-F filed on April 25, 2025. The forward-looking statements contained herein speak only as of the date of this release and VEON disclaims any obligation to update them, except as required by U.S. federal securities laws.

Contact Information 
VEON
Hande Asik
Chief Strategy and Communications Officer
[email protected]

VEON’s Beeline Uzbekistan and Rakuten Symphony Partner for Open RAN, AI Collaboration

VEON’s Beeline Uzbekistan and Rakuten Symphony Partner for Open RAN, AI Collaboration Beeline Uzbekistan CEO Andrey Pyatakhin (left) and Rakuten Symphony President Sharad Sriwastawa (rig...

Ericsson has published its Annual Report 2025. The report summarizes the company's financial and sustainability performance for the year, and provides an overview of its strategy, governance, and remuneration of the President and CEO and the Executive Vice President.  The Annual Report 2025 comprises Ericsson's Financial Report including the Sustainability Statement, the Corporate Governance Report, and the Remuneration Report. , /PRNewswire/ -- The Sustainability Statement in Ericsson's (NASDAQ: ERIC) Annual Report is prepared in accordance with the European Sustainability Reporting Standards (ESRS) and can be found on pages 95-141 in the Financial report.

The Annual Report 2025 can be downloaded in English at https://www.ericsson.com/en/investors and in Swedish https://www.ericsson.com/sv/investors on Ericsson's website. The Swedish version is also available in the European Single Electronic Format (ESEF) on Ericsson's website.

Printed copies of the Annual Report 2025 will be available for order by filling in the form on this page: https://www.ericsson.com/en/investors/financial-reports/order-annual-report

For further information, please visit the Investor Relations pages: https://www.ericsson.com/en/investors

NOTES TO EDITORS:

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Investors
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ABOUT ERICSSON:

Ericsson's high-performing networks provide connectivity for billions of people every day. For 150 years, we've been pioneers in creating technology for communication. We offer mobile communication and connectivity solutions for service providers and enterprises. Together with our customers and partners, we make the digital world of tomorrow a reality. www.ericsson.com

This information is information that Telefonaktiebolaget LM Ericsson is obliged to make public pursuant to the Swedish Securities Markets Act. The information was submitted for publication at 08:00 AM CET on March 4, 2026.

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Sales revenue at the subsidiary of Volkswagen fell 7%, while unit sales declined 9% to 305,500 vehicles.

Q4: 2026-03-03 Earnings SummaryEPS of $0.01 misses by $0.02

 |

Revenue of

$90.30M

(14.38% Y/Y)

beats by $718.57K

Evolus, Inc. (EOLS) Q4 2025 Earnings Call March 3, 2026 4:30 PM EST

Company Participants

Nareg Sagherian - Head of Global Investor Relations & Corporate Communications
David Moatazedi - President, CEO & Director
Tatjana Mitchell - Chief Financial Officer
Rui Avelar - Chief Medical Officer and Head of Research & Development

Conference Call Participants

Annabel Samimy - Stifel, Nicolaus & Company, Incorporated, Research Division
Alyssa Larios - Leerink Partners LLC, Research Division
Uy Ear - Mizuho Securities USA LLC, Research Division
Navann Ty Dietschi - BNP Paribas, Research Division
Sam Eiber - BTIG, LLC, Research Division
Douglas Tsao - H.C. Wainwright & Co, LLC, Research Division
Serge Belanger - Needham & Company, LLC, Research Division

Presentation

Operator

Good afternoon, everyone, and thank you for standing by. Welcome to Evolus' Fourth Quarter and Full Year 2025 Earnings Conference Call. [Operator Instructions] As a reminder, today's conference call is being recorded and webcast live. [Operator Instructions]

I'd like to turn the conference call over to Nareg Sagherian, Vice President and Head of Global Investor Relations and Corporate Communications. Please go ahead.

Nareg Sagherian
Head of Global Investor Relations & Corporate Communications

Thank you, operator, and welcome to everyone joining us on today's call to review Evolus' Fourth quarter and full year 2025 financial results. Our fourth quarter and full year 2025 press release is now on our website at evolus.com. With me today are David Moatazedi, President and Chief Executive Officer; and Tatjana Mitchell, Chief Financial Officer. Rui Avelar, Chief Medical Officer and Head of R&D, is also with us for the Q&A portion of the call.

Today's call will include forward-looking statements. Actual results may differ materially due to risks and uncertainties outlined in our earnings press release and SEC filings. These forward-looking statements are based on current assumptions, and we undertake no obligation to update them. Additionally, we will discuss certain non-GAAP

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Analyst’s Disclosure: I/we have no stock, option or similar derivative position in any of the companies mentioned, and no plans to initiate any such positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article.

Seeking Alpha's Disclosure: Past performance is no guarantee of future results. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. Any views or opinions expressed above may not reflect those of Seeking Alpha as a whole. Seeking Alpha is not a licensed securities dealer, broker or US investment adviser or investment bank. Our analysts are third party authors that include both professional investors and individual investors who may not be licensed or certified by any institute or regulatory body.

Barratt Redrow PLC chief executive David Thomas will retire after 11 years in the role, with former Balfour Beatty divisional boss Dean Banks appointed as his successor.

Banks will join the housebuilder in the final quarter of 2026 and take over as group chief executive once Thomas steps down.

Thomas, who has been at the North East-headquartered company for 17 years, will stay with the business until March 2027 to ensure a smooth transition.

Banks currently runs Ventia, an infrastructure services company operating in Australia and New Zealand. He has been group chief executive there since 2021 and previously held senior roles at Balfour Beatty and De La Rue.

Chair Caroline Silver highlighted Banks's "strong experience as a public company chief executive, with deep knowledge of the construction and infrastructure sectors and a proven track record of value creation".

She also paid tribute to the outgoing chief executive, saying he leaves behind "an industry-leading business with a clear strategy, a strong balance sheet and an exceptional team".

Thomas's time included leading Barratt's £2.5 billion acquisition of Redrow in 2024.

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Analyst’s Disclosure: I/we have no stock, option or similar derivative position in any of the companies mentioned, and no plans to initiate any such positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article.

Seeking Alpha's Disclosure: Past performance is no guarantee of future results. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. Any views or opinions expressed above may not reflect those of Seeking Alpha as a whole. Seeking Alpha is not a licensed securities dealer, broker or US investment adviser or investment bank. Our analysts are third party authors that include both professional investors and individual investors who may not be licensed or certified by any institute or regulatory body.

CrowdStrike Holdings, Inc. (CRWD) Q4 2026 Earnings Call Transcript

The operation in Iran has solidified Palantir's status as the "digital bedrock" of the modern Pentagon. The integration of the Maven Smart System and AIP has enabled the compression of the "sensor-to-shooter" chain to mere seconds. Geopolitical instability is not just a short-term catalyst but a long-term driver for contract expansion.

With Harmony, Base44 and an ambitious roadmap ahead, Wix is reshaping how people create in the AI era and expanding the world of what’s possible online

Finished 2025 with Q4 bookings of $535 million, up 15% y/y, and Q4 revenue of $524 million, up 14% y/y, driven by new cohort momentum and Base44 outperformanceBase44 recently reached $100 million of ARR, powered by a fast-growing community of users building everything from simple apps to fully customized business softwareHealthy mid-teens top-line growth anticipated for 2026 as we drive forward ambitious product roadmaps, including Base44 and Wix Harmony Harmony demonstrating strong early conversion and monetization, driving new core Wix cohort bookings growth acceleration in early 2026Expect FCF1 margin in the low- to mid-20% range in 2026, reflecting the necessary investments to build category-defining products and fully unlock market opportunity Plan to complete majority of $2 billion share repurchase program in 2026$250 million equity investment led by Durable Capital Partners, underscoring shared conviction in Wix’s long-term strategy and vision NEW YORK -- Wix.com Ltd. (Nasdaq: WIX) (the “Company”), today reported financial results for the fourth quarter and full year 2025. In addition, the Company provided its initial outlook for the first quarter and full year 2026. Please visit the Wix Investor Relations website at https://investors.wix.com to view the Q4'25 Shareholder Update and other materials.

“2026 marks a defining new chapter for Wix as we enter an era of the internet that is evolving exponentially faster through AI advancements, with Wix Harmony and Base44 leading our roadmap,” said Avishai Abrahami, Co-founder and CEO of Wix. “Early Wix Harmony performance is better-than-expected, with improved conversion and monetization. In tandem, Base44 recently reached $100 million in ARR, just one year after its founding and 9 months after our acquisition. Together, Wix Harmony and Base44 open up the world of what’s possible on Wix, with Base44 significantly expanding our TAM to include software applications. Importantly, these new flagship products align with our long‑standing vision of making complex technology accessible to everyone.”

Nir Zohar, President and Co-founder at Wix, continued, “We believe deeply that Harmony and Base44 are gamechangers, the first major steps in our mission to reshape how people create in an AI world and the foundational pillars of Wix’s growth ahead. We’re not the only ones with this confidence – Durable Capital Partners has led a $250 million equity investment in Wix with an extended lockup, reinforcing our shared conviction in our long‑term strategy, our ability to execute, and the value we are driving for shareholders. We are backing our conviction with decisive action and intend to execute on our $2 billion share repurchase program aggressively and quickly. We plan to complete the majority of the program before the end of 2026.”

Lior Shemesh, CFO at Wix, added, “We exited 2025 with healthy momentum, setting us up for continued growth in 2026. Our cohort-based business model is stronger than ever and the value of the Wix platform is accelerating. We expect 2026 to be a pivotal year as we make category-defining innovations and expand our leadership across the broader online ecosystem as AI tech increasingly makes the impossible now possible, setting the foundation for long-term growth acceleration. This ambitious strategy demands high-impact investments to fully unlock the market opportunity ahead as top-of-funnel demand continues to strengthen. We are playing to win and we believe our strategic execution in 2026 will position us for sustained profitable growth in the long term.”

Wix Receives $250 million private placement led by Durable Capital Partners

The Company announced today that it has entered into a definitive agreement to sell securities in a private placement to institutional investors led by Durable Capital Partners. The transaction is expected to result in gross proceeds of up to $250 million, before deducting placement agent fees and offering expenses, including up to $150 million of gross proceeds from Durable Capital Partners.

Pursuant to the terms of the securities purchase agreement, the Company will issue $250 million in aggregate purchase price of units to the investors at a purchase price per unit equal to a 5% discount to today’s closing price of the Company’s ordinary shares on the Nasdaq Global Select Market; provided that in no event will the number of units sold by the Company to the investors exceed 6,150,633 unless the Company, in its sole discretion, elects to waive this limitation. Each unit consists of one ordinary share and one warrant to purchase 0.25 of one ordinary share at a 25% premium to the above-mentioned closing price. The warrants will expire on the third anniversary of the closing date. The Company plans to use the net proceeds from the financing for general corporate purposes. The closing of the transaction is subject to certain customary conditions and is expected to occur on March 5, 2026.

The offer and sale of the securities described above are being made in a transaction not involving a public offering and the securities have not been registered under the Securities Act of 1933, as amended (the “Securities Act”), or applicable state securities laws. The securities being issued in the private placement and upon exercise of the warrants may not be offered or sold in the United States except pursuant to an effective registration statement or an applicable exemption from the registration requirements of the Securities Act and applicable state securities laws.

This press release shall not constitute an offer to sell or a solicitation of an offer to buy the foregoing securities, nor shall there be any sale of these securities in any state or other jurisdiction in which such offer, solicitation or sale would be unlawful prior to the registration or qualification under the securities laws of any such state or other jurisdiction.

J.P. Morgan Securities LLC acted as exclusive placement agent to the Company in connection with the private placement.

Q4 2025 Financial Results

Total revenue in the fourth quarter of 2025 was $524.3 million, up 14% y/y Total ARR was $1.836 billion at the end of the fourth quarter of 2025, up 14% y/y Creative Subscriptions revenue in the fourth quarter of 2025 was $370.4 million, up 12% y/yBusiness Solutions revenue in the fourth quarter of 2025 was $153.8 million, up 18% y/y Transaction revenue2 in the fourth quarter of 2025 was $67.3 million, up 18% y/y Partners revenue3 in the fourth quarter of 2025 was $203.2 million, up 21% y/yTotal bookings in the fourth quarter of 2025 were $534.5 million, up 15% y/y Creative Subscriptions bookings in the fourth quarter of 2025 were $375.8 million, up 16% y/yBusiness Solutions bookings in the fourth quarter of 2025 were $158.7 million, up 14% y/y Total gross margin on a GAAP basis in the fourth quarter of 2025 was 67% Creative Subscriptions gross margin on a GAAP basis was 82%Business Solutions gross margin on a GAAP basis was 33% Total non-GAAP gross margin in the fourth quarter of 2025 was 68% Creative Subscriptions gross margin on a non-GAAP basis was 83%Business Solutions gross margin on a non-GAAP basis was 34% GAAP net loss in the fourth quarter of 2025 was $40.2 million, or $0.73 per basic and diluted shareNon-GAAP net income in the fourth quarter of 2025 was $111.3 million, or $2.03 per basic share and $1.81 per diluted shareNet cash provided by operating activities for the fourth quarter of 2025 was $158.3 million, while capital expenditures totaled $2.8 million, leading to free cash flow of $155.6 millionIn Q4’25, we executed $100 million of share repurchases, repurchasing approximately 750K Wix ordinary shares in total at an approximate volume-weighted average price per share of $133.56Total employee count at the end of Q4’25 was 5,340 Full Year 2025 Financial Results

Total revenue for the full year 2025 was $1.99 billion, up 13% y/y Creative Subscriptions revenue for the full year 2025 was $1.41 billion, up 11% y/yBusiness Solutions revenue for the full year 2025 was $583.3 million, up 18% y/y Transaction revenue for the full year 2025 was $255.0 million, up 19% y/y Partners revenue for the full year 2025 was $750.3 million, up 23% y/yTotal bookings for the full year 2025 were $2.07 billion, up 13% y/y Creative Subscriptions bookings for the full year 2025 were $1.48 billion, up 12% y/yBusiness Solutions bookings for the full year 2025 were $593.4 million, up 15% y/y Total gross margin on a GAAP basis for the full year 2025 was 68% Creative Subscriptions gross margin on a GAAP basis was 83%Business Solutions gross margin on a GAAP basis was 32% Total non-GAAP gross margin for the full year 2025 was 69% Creative Subscriptions gross margin on a non-GAAP basis was 84%Business Solutions gross margin on a non-GAAP basis was 33% GAAP net income for the full year 2025 was $50.6 million, or $0.91 per basic and $0.88 per diluted shareNon-GAAP net income for the full year 2025 was $441.6 million, or $7.95 per basic share and $7.32 per diluted shareNet cash provided by operating activities for the full year 2025 was $582.9 million, while capital expenditures totaled $9.9 million, leading to free cash flow of $573.0 millionExcluding acquisition-related costs, free cash flow for the full year 2025 would have been $605.1 million, or 30% of revenueCompleted $575 million in repurchases of ordinary shares in 2025, underscoring our commitment to share count management and returning value to shareholdersFinished full year 2025 with 6.11 million total premium subscriptions as of December 31, 2025, inclusive of Base44Registered users as of December 31, 2025 were over 304 million ____________________
1        Projected free cash flow excludes acquisition-related costs and the impact of our $2 billion share repurchase program
2        Transaction revenue is a portion of Business Solutions revenue, and we define transaction revenue as all revenue generated through transaction facilitation, primarily from Wix Payments, as well as Wix POS, shipping solutions and multi-channel commerce and gift card solutions.
3        Partners revenue is defined as revenue generated through agencies and freelancers that build sites or applications for other users (“Agencies”) as well as revenue generated through B2B partnerships, such as LegalZoom or Vistaprint (“Resellers”). We identify Agencies using multiple criteria, including but not limited to, the number of sites built, participation in the Wix Partner Program and/or the Wix Marketplace or Wix products used (incl. Wix Studio). Partners revenue includes revenue from both the Creative Subscriptions (including Base44) and Business Solutions businesses.

Financial Outlook

2026 is gearing up to be a foundational year as we drive forward multiple ambitious product roadmaps, including Wix Harmony and Base44. We believe these initiatives will cement Wix’s leadership for the next decade and meaningfully expand our role across the broader online ecosystem as the world increasingly shifts towards AI, with several key launches already demonstrating encouraging results.

Category-defining innovations demand high-impact, though disciplined, investments to fully unlock the market opportunity ahead for both Wix and Base44, especially as top-funnel demand continues to strengthen.

As our business meaningfully evolves, we are updating our guidance philosophy to reflect the wider range of outcomes that accompany significant innovation and allow for flexibility to execute while maintaining transparency with shareholders.

For the full year 2026, we expect both bookings and revenue for the consolidated business to grow at mid-teens percentage on a year-over-year basis.

For the first quarter of 2026, we expect revenue for the consolidated business to grow at a mid-teens percentage on a year-over-year basis.

For the full year 2026, we expect FCF margin assuming current capital structure and excluding acquisition costs to be in the low- to mid-20% range. This wider-than-usual range reflects the dynamic, hyper-growth trajectory of Base44 and the inherent variability that accompanies rapid expansion. In a newly-created space where we are playing to win, we are focused on making the necessary investments to position Base44 as the leader. So the more Base44 top-line growth outperforms, the more pressure on near-term FCF margin.

Our core Wix business remains healthy and profitable. In 2026, we expect solid bookings and revenue performance, with flat to expanding FCF margin in our core business.

Conference Call and Webcast Information

Wix will host a conference call to discuss the results at 8:30 a.m. ET on Wednesday, March 4, 2026. A live and archived webcast of the conference call will be accessible from the "Investor Relations" section of the Company’s website at https://investors.wix.com/.

About Wix.com Ltd.

Wix’s vision is to simplify complex technologies and deliver the best tools for every type of user and business to create online. Powered by advanced AI and enterprise-grade infrastructure, Wix is trusted by hundreds of millions of users worldwide. Founded in 2006 and strengthened by the 2025 acquisition of Base44, the no-code application platform, Wix is continuing to build for the future of the internet.

For more about Wix, please visit our Press Room
Media Relations Contact: [email protected]

Non-GAAP Financial Measures and Key Operating Metrics

To supplement its consolidated financial statements, which are prepared and presented in accordance with U.S. GAAP, Wix uses the following non-GAAP financial measures: bookings, cumulative cohort bookings, bookings on a constant currency basis, revenue on a constant currency basis, non-GAAP gross margin, non-GAAP operating income (loss), non-GAAP operating margin, non-GAAP net income (loss), non-GAAP net income (loss) per share, free cash flow, free cash flow on a constant currency basis, free cash flow, as adjusted, free cash flow margins, non-GAAP R&D expenses, non-GAAP S&M expenses, non-GAAP G&A expenses, non-GAAP operating expenses, non-GAAP cost of revenue expense, non-GAAP financial expense, non-GAAP tax expense (collectively the "Non-GAAP financial measures"). Measures presented on a constant currency or foreign exchange neutral basis have been adjusted to exclude the effect of y/y changes in foreign currency exchange rate fluctuations. Bookings is a non-GAAP financial measure calculated by adding the change in deferred revenues and the change in unbilled contractual obligations for a particular period to revenues for the same period. Bookings include cash receipts for premium subscriptions purchased by users as well as cash we collect from business solutions, as well as payments due to us under the terms of contractual agreements for which we may have not yet received payment. Cash receipts for premium subscriptions are deferred and recognized as revenues over the terms of the subscriptions. Cash receipts for payments and the majority of the additional products and services (other than Google Workspace) are recognized as revenues upon receipt. Committed payments are recognized as revenue as we fulfill our obligation under the terms of the contractual agreement. Non-GAAP gross margin represents gross profit calculated in accordance with GAAP as adjusted for the impact of share-based compensation expense, acquisition-related expenses and amortization, divided by revenue. Non-GAAP operating income (loss) represents operating income (loss) calculated in accordance with GAAP as adjusted for the impact of share-based compensation expense, amortization, acquisition-related expenses and sales tax expense accrual and other G&A expenses (income). Non-GAAP net income (loss) represents net loss calculated in accordance with GAAP as adjusted for the impact of share-based compensation expense, amortization, sales tax expense accrual and other G&A expenses (income), amortization of debt discount and debt issuance costs and acquisition-related expenses and non-operating foreign exchange expenses (income). Non-GAAP net income (loss) per share represents non-GAAP net income (loss) divided by the weighted average number of shares used in computing GAAP loss per share. Free cash flow represents net cash provided by (used in) operating activities less capital expenditures. Free cash flow, as adjusted, represents free cash flow further adjusted to exclude the capital expenditures and other expenses associated with the buildout of our new corporate headquarters, and cash acquisition-related expenses. Free cash flow margins represent free cash flow divided by revenue. Non-GAAP cost of revenue represents cost of revenue calculated in accordance with GAAP as adjusted for the impact of share-based compensation expense, acquisition-related expenses and amortization. Non-GAAP R&D expenses represent R&D expenses calculated in accordance with GAAP as adjusted for the impact of share-based compensation expense, acquisition-related expenses and amortization. Non-GAAP S&M expenses represent S&M expenses calculated in accordance with GAAP as adjusted for the impact of share-based compensation expense, acquisition-related expenses and amortization. Non-GAAP G&A expenses represent G&A expenses calculated in accordance with GAAP as adjusted for the impact of share-based compensation expense, acquisition-related expenses and amortization. Non-GAAP operating expenses represent operating expenses calculated in accordance with GAAP as adjusted for the impact of share-based compensation expense, acquisition-related expenses and amortization. Acquisition-related expenses include transaction costs and retention payments that would not otherwise have been incurred by us in the normal course of our business. Non-GAAP financial expense represents financial expense calculated in accordance with GAAP as adjusted for unrealized gains of equity investments, amortization of debt discount and debt issuance costs and non-operating foreign exchange expenses. Non-GAAP tax expense represents tax expense calculated in accordance with GAAP as adjusted for provisions for income tax effects related to non-GAAP adjustments.

The presentation of this financial information is not intended to be considered in isolation or as a substitute for, or superior to, the financial information prepared and presented in accordance with GAAP. The Company uses these non-GAAP financial measures for financial and operational decision making and as a means to evaluate period-to-period comparisons. The Company believes that these measures provide useful information about operating results, enhance the overall understanding of past financial performance and future prospects, and allow for greater transparency with respect to key metrics used by management in its financial and operational decision making.

For more information on the non-GAAP financial measures, please see the reconciliation tables provided below. The accompanying tables have more details on the GAAP financial measures that are most directly comparable to non-GAAP financial measures and the related reconciliations between these financial measures. The Company is unable to provide reconciliations of free cash flow, free cash flow margin, free cash flow margin, excluding acquisition-related costs and the impact of our repurchase program, free cash flow, as adjusted, bookings, cumulative cohort bookings, non-GAAP gross margin, non-GAAP operating expenses, non-GAAP operating expenses as a percentage of revenue, and non-GAAP tax expense to their most directly comparable GAAP financial measures on a forward-looking basis without unreasonable effort because items that impact those GAAP financial measures are out of the Company's control and/or cannot be reasonably predicted. Such information may have a significant, and potentially unpredictable, impact on our future financial results.

Wix also uses Creative Subscriptions Annualized Recurring Revenue (ARR) as a key operating metric. Creative Subscriptions ARR is calculated as Creative Subscriptions Monthly Recurring Revenue (MRR) multiplied by 12. Creative Subscriptions MRR is calculated as the total of (i) the total monthly revenue of all Creative Subscriptions (including Base44) in effect on the last day of the period, other than domain registrations; (ii) the average revenue per month from domain registrations multiplied by all registered domains in effect on the last day of the period; and (iii) monthly revenue from other partnership agreements including enterprise partners, in effect in the last month of the period. Business Solutions Annualized Recurring Revenue (ARR) is calculated as Business Solutions Monthly Recurring Revenue (MRR) multiplied by 12. Business Solutions MRR is calculated as the total monthly value of Business Solutions subscriptions in effect on the last day of the period. Business Solutions subscriptions include, but are not limited to, subscriptions such as Google Workspace, Email Marketing, and recurring paid ads.

Forward-Looking Statements

This document contains forward-looking statements, within the meaning of the safe harbor provisions of the Private Securities Litigation Reform Act of 1995 that involve risks and uncertainties. Such forward-looking statements may include projections regarding our future performance, including, but not limited to revenue, bookings and free cash flow, and may be identified by words like “anticipate,” “assume,” “believe,” “aim,” “forecast,” “indication,” “continue,” “could,” “estimate,” “expect,” “intend,” “may,” “plan,” “potential,” “predict,” “subject,” “project,” “outlook,” “future,” “will,” “seek” and similar terms or phrases. The forward-looking statements contained in this document, including the quarterly and annual guidance, are based on management’s current expectations, which are subject to uncertainty, risks and changes in circumstances that are difficult to predict and many of which are outside of our control. Important factors that could cause our actual results to differ materially from those indicated in the forward-looking statements include, among others, our expectation that we will be able to attract and retain registered users and partners to our various offerings, and generate new paid subscriptions, in particular as we continuously adjust our marketing strategy and as the macro-economic environment continues to be turbulent; our expectation that we will be able to increase the average revenue we derive per paid subscription, including through our partners; our expectation that new products and developments (such as Wix Harmony), as well as third-party products we will offer in the future within our platform, will receive customer acceptance and satisfaction, including the growth in market adoption of our online commerce solutions and our Wix Studio product, as well as our vibe coding product and Base44 offering; our expectations regarding our ability to develop relevant and required products using artificial intelligence (“AI”), the regulatory environment impacting AI and AI-related activities including cybersecurity, including privacy and intellectual property, and potential competitive impacts from AI tools, and other risks associated with AI technologies; our assumption that historical user behavior can be extrapolated to predict future user behavior, in particular during turbulent macro-economic environments; our prediction of the future revenues and/or bookings generated by our user cohorts and our ability to maintain and increase such revenue growth, as well as our ability to generate and maintain elevated levels of free cash flow and profitability; our expectation to maintain and enhance our brand and reputation; our expectation that we will effectively execute our initiatives to improve our user support function through our Customer Care team, and continue attracting registered users and partners, and increase user retention, user engagement and sales; our ability to successfully localize our products, including by making our product, support and communication channels available in additional languages and to expand our payment infrastructure to transact in additional local currencies and accept additional payment methods; our expectation regarding the impact of fluctuations in foreign currency exchange rates, interest rates, potential illiquidity of banking systems, and other recessionary trends on our business; our expectations relating to the repurchase of our ordinary shares and/or convertible notes pursuant to our repurchase program, or as required; our expectation that we will comply with the restrictions under our Credit Agreement; our expectation that we will effectively manage our infrastructure; our expectation to comply with AI, cybersecurity, privacy, and data protection laws and regulations as well as contractual privacy and data protection obligations; our expectation that we will efficiently and successfully manage cybersecurity risks and incidents; our expectations regarding the outcome of any regulatory investigation or litigation, including class actions; our expectations regarding future changes in our cost of revenues and our operating expenses on an absolute basis and as a percentage of our revenues, including as a result of elevated costs related to AI, as well as our ability to achieve and maintain profitability; our expectation with respect to future sales of our ordinary shares by directors, officers or large shareholders; our expectations regarding changes in the global, national, regional or local economic, business, competitive, market, and regulatory landscape, including as a result of the war and hostilities between Israel and Hamas, Hezbollah, Iran and the Houti movement in Yemen and/or the Ukraine-Russia war and any escalations thereof and potential for wider regional instability and conflict; our planned level of capital expenditures and our belief that our existing cash and cash from operations will be sufficient to fund our operations for at least the next 12 months and for the foreseeable future; our expectations with respect to the integration and performance of acquisitions; our ability to attract and retain qualified employees and key personnel; and our expectations about entering into new markets and attracting new customer demographics, including our ability to successfully attract new partners, large enterprise-level users and to grow our activities, including through the adoption of our Wix Studio product, with these customer types as anticipated other factors discussed under the heading “Risk Factors” in the Company’s annual report on Form 20-F for the year ended December 31, 2024 filed with the Securities and Exchange Commission on March 21, 2025. The preceding list is not intended to be an exhaustive list of all of our forward-looking statements. Any forward-looking statement made by us in this press release speaks only as of the date hereof. Factors or events that could cause our actual results to differ may emerge from time to time, and it is not possible for us to predict all of them. We undertake no obligation to publicly update any forward-looking statements, whether as a result of new information, future developments or otherwise.

Wix.com Ltd. CONSOLIDATED STATEMENTS OF OPERATIONS - GAAP (In thousands, except income per share data)                    Three Months Ended Year Ended  December 31, December 31,   2025   2024   2025   2024   (unaudited) (unaudited) Revenues        Creative Subscriptions$370,421  $329,732  $1,409,727  $1,264,975  Business Solutions 153,848   130,723   583,317   495,675    524,269   460,455   1,993,044   1,760,650           Cost of Revenues        Creative Subscriptions 67,989   52,671   237,288   213,422  Business Solutions 103,304   90,965   399,065   351,213    171,293   143,636   636,353   564,635           Gross Profit 352,976   316,819   1,356,691   1,196,015           Operating expenses:        Research and development 211,244   127,186   645,501   495,281  Selling and marketing 152,134   106,629   514,280   425,457  General and administrative 62,186   46,984   195,158   175,136  Impairment, restructuring and other costs -   -   -   -  Total operating expenses 425,564   280,799   1,354,939   1,095,874  Operating income (loss) (72,588)  36,020   1,752   100,141  Financial income (expenses), net 12,604   16,355   (5,015)  51,820  Other income (expenses), net 29   (94)  4,352   (36) Income (loss) before taxes on income (59,955)  52,281   1,089   151,925  Income tax expenses (benefit) (21,211)  4,257   (51,047)  13,603  Loss from equity method investment 1,490   -   1,490   -  Net income (loss)$(40,234) $48,024  $50,646  $138,322           Basic net income (loss) per share$(0.73) $0.86  $0.91  $2.49  Basic weighted-average shares used to compute net income (loss) per share 54,944,944   55,786,201   55,550,762   55,579,368           Diluted net income (loss) per share$(0.73) $0.80  $0.88  $2.36  Diluted weighted-average shares used to compute net income (loss) per share 54,944,944   60,648,791   57,716,592   59,953,371            Wix.com Ltd.CONDENSED CONSOLIDATED BALANCE SHEETS(In thousands)     Period ended December 31, December 31,  2025   2024 Assets(unaudited) (audited)Current Assets:   Cash and cash equivalents$311,356  $660,939 Restricted cash 5,520   - Short-term deposits 385,280   106,844 Restricted deposits 222   773 Marketable securities 483,859   338,593 Trade receivables 41,525   44,674 Prepaid expenses and other current assets 96,252   128,577  Total current assets 1,324,014   1,280,400     Long-Term Assets:   Prepaid expenses and other long-term assets 33,847   27,021 Property and equipment, net 114,419   128,155 Equity method investment 4,851   - Deferred tax asset 94,549   - Marketable securities 474,198   6,135 Intangible assets, net 31,810   22,141 Goodwill 135,021   49,329 Operating lease right-of-use assets 398,265   399,861  Total long-term assets 1,286,960   632,642      Total assets$2,610,974  $1,913,042     Liabilities and Shareholders' Deficiency   Current Liabilities:   Trade payables$74,811  $47,077 Employees and payroll accruals 110,526   143,131 Deferred revenues 737,346   661,171 Current portion of convertible notes, net -   572,880 Accrued expenses and other current liabilities 146,716   63,246 Operating lease liabilities 43,262   27,907 Total current liabilities 1,112,661   1,515,412 Long Term Liabilities:   Deferred revenues 116,991   89,271 Deferred tax liability 3,923   1,965 Convertible notes, net 1,125,769   - Other long-term liabilities 200,054   16,021 Operating lease liabilities 417,578   369,159 Total long-term liabilities 1,864,315   476,416      Total liabilities 2,976,976   1,991,828     Shareholders' Deficiency   Ordinary shares 104   107 Additional paid-in capital 2,067,407   1,840,574 Treasury shares (1,600,156)  (1,025,167)Accumulated other comprehensive loss 17,539   7,242 Accumulated deficit (850,896)  (901,542)Total shareholders' deficiency (366,002)  (78,786)    Total liabilities and shareholders' deficiency$2,610,974  $1,913,042      Wix.com Ltd.
 CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS
 (In thousands)
                    Three Months Ended Year Ended  December 31, December 31,   2025   2024   2025   2024   (unaudited) (unaudited) OPERATING ACTIVITIES:        Net income (loss)$(40,234) $48,024  $50,646  $138,322  Adjustments to reconcile net loss to net cash provided by operating activities:        Depreciation 6,065   6,278   24,491   25,246  Amortization 2,885   1,460   6,962   5,869  Share based compensation expenses 58,111   61,801   237,376   240,721  Amortization of debt discount and debt issuance costs 1,283   793   3,831   3,166  Changes in accrued interest and exchange rate on short term and long term deposits 294   (635)  (308)  852  Amortization of premium and discount and accrued interest on marketable securities, net (14,741)  (7,007)  (41,243)  (13,381) Loss from equity method investment 1,490   -   1,490   -  Remeasurement gain on marketable equity securities and investments in privately held companies (68)  -   (110)  (2,536) Changes in deferred income taxes, net (24,829)  (7)  (91,742)  (5,196) Changes in operating lease right-of-use assets 5,476   4,351   19,921   24,246  Changes in operating lease liabilities 9,414   (2,821)  45,449   (33,086) Loss (gain) on foreign exchange, net (511)  2,471   (18,225)  3,906  Decrease in trade receivables 13,163   5,550   3,219   12,720  Decrease (increase) in prepaid expenses and other current and long-term assets 3,478   (66,205)  39,004   (79,484) Increase in trade payables 41,974   16,403   26,962   11,967  Increase (decrease) in employees and payroll accruals (1,542)  67,531   (32,955)  86,550  Increase in short term and long term deferred revenues 14,985   1,609   103,874   74,450  Increase (decrease) in accrued expenses and other current liabilities 81,640   (5,860)  204,216   3,083  Net cash provided by operating activities 158,333   133,736   582,858   497,415  INVESTING ACTIVITIES:        Proceeds from short-term deposits and restricted deposits 10,046   97,051   188,475   276,697  Investment in short-term deposits and restricted deposits (10,027)  (25,540)  (467,837)  (170,332) Investment in available-for-sale marketable debt securities (639,888)  -   (639,888)  -  Proceeds from available-for-sale marketable debt securities 9,111   15,000   68,921   125,176  Investment in trading marketable debt securities -   -   (278,038)  (267,209) Proceed from trading marketable debt securities -   -   277,249   -  Purchase of property and equipment and lease prepayment (2,515)  (1,562)  (8,553)  (17,813) Capitalization of internal use of software (249)  (401)  (1,348)  (1,523) Proceeds from (investment in) other assets -   -   (10,458)  550  Proceeds from sale of equity securities -   -   -   22,148  Payment for Businesses acquired, net of acquired cash (5,335)  -   (23,880)  -  Proceed from realization of investments in privately held companies -   -   417   -  Purchases of investments in privately held companies (2,150)  (1,000)  (7,208)  (3,160) Net cash provided by (used in) investing activities (641,007)  83,548   (902,148)  (35,466) FINANCING ACTIVITIES:        Proceeds from exercise of options and ESPP shares 200   6,692   54,818   59,576  Purchase of treasury stock (99,999)  -   (574,999)  (466,302) Proceeds from issuance of convertible senior notes -   -   1,150,000   -  Repayment of convertible notes -   -   (575,000)  -  Payments of debt issuance costs (8)  -   (25,942)  -  Purchase of capped call -   -   (71,875)  -  Net cash provided by (used in) financing activities (99,807)  6,692   (42,998)  (406,726) Effect of exchange rates on cash, cash equivalent and restricted cash 511   (2,471)  18,225   (3,906) INCREASE (DECREASE) IN CASH, CASH EQUIVALENTS AND RESTRICTED CASH (581,970)  221,505   (344,063)  51,317  CASH, CASH EQUIVALENTS AND RESTRICTED CASH—Beginning of period 898,846   439,434   660,939   609,622  CASH, CASH EQUIVALENTS AND RESTRICTED CASH—End of period$316,876  $660,939  $316,876  $660,939            Wix.com Ltd.KEY PERFORMANCE METRICS(In thousands)         Three Months Ended Year Ended December 31, December 31,  2025  2024  2025  2024 (unaudited) (unaudited)Creative Subscriptions$370,421 $329,732 $1,409,727 $1,264,975Business Solutions 153,848  130,723  583,317  495,675Total Revenues$524,269 $460,455 $1,993,044 $1,760,650        Creative Subscriptions$375,841 $325,203 $1,476,531 $1,315,445Business Solutions 158,676  139,389  593,358  514,607Total Bookings$534,517 $464,592 $2,069,889 $1,830,052        Free Cash Flow$155,569 $131,773 $572,957 $478,079        Free Cash Flow excluding HQ build out and acquisition costs$155,569 $131,773 $605,085 $488,404        Total consolidated ARR$1,836,426 $1,607,277 $1,836,426 $1,607,277                 Wix.com Ltd.RECONCILIATION OF REVENUES TO BOOKINGS(In thousands)         Three Months Ended Year Ended December 31, December 31,  2025   2024   2025   2024  (unaudited) (unaudited)Revenues$524,269  $460,455  $1,993,044  $1,760,650 Change in deferred revenues 14,985   1,609   103,895   74,450 Change in unbilled contractual obligations (4,737)  2,528   (27,050)  (5,048)Bookings$534,517  $464,592  $2,069,889  $1,830,052         Y/Y growth 15%    13%                                           Three Months Ended Year Ended December 31, December 31,  2025   2024   2025   2024  (unaudited) (unaudited)Creative Subscriptions Revenues$370,421  $329,732  $1,409,727  $1,264,975 Change in deferred revenues 10,157   (7,057)  93,854   55,518 Change in unbilled contractual obligations (4,737)  2,528   (27,050)  (5,048)Creative Subscriptions Bookings$375,841  $325,203  $1,476,531  $1,315,445         Y/Y growth 16%    12%                                   Three Months Ended Year Ended December 31, December 31,  2025   2024   2025   2024  (unaudited) (unaudited)Business Solutions Revenues$153,848  $130,723  $583,317  $495,675 Change in deferred revenues 4,828   8,666   10,041   18,932 Business Solutions Bookings$158,676  $139,389  $593,358  $514,607         Y/Y growth 14%    15%           Wix.com Ltd.RECONCILIATION OF TOTAL CONSOLIDATED ARR(In thousands)         Three Months Ended Year Ended December 31, December 31, 2025 2024 2025 2024 (unaudited) (unaudited)Creative subscription ARR$  1,524,025 $    1,343,071 $    1,524,025 $    1,343,071Business solution ARR312,401 264,206 312,401 264,206Total consolidated ARR$  1,836,426 $    1,607,277 $    1,836,426 $    1,607,277        Y/Y growth 14%              Wix.com Ltd.RECONCILIATION OF COHORT BOOKINGS(In millions)     Year Ended     December 31,     2025 2024     (unaudited)Q1 Cohort revenues    $                 44 $                 45Q1 Change in deferred revenues    21 16Q1 Cohort Bookings    $                 65 $                 61         Wix.com Ltd. RECONCILIATION OF REVENUES AND BOOKINGS EXCLUDING FX IMPACT (In thousands)  Three Months Ended
     December 31,
     2025  2024     (unaudited)
    Revenues$     524,269  $       460,455    FX  impact on Q4/25 using Y/Y rates(5,800) -    Revenues excluding FX impact$     518,469  $       460,455             Y/Y growth13%                Three Months Ended
     December 31,
     2025  2024     (unaudited)
    Bookings$     534,517  $       464,592    FX  impact on Q4/25 using Y/Y rates(10,100) -    Bookings excluding FX impact$     524,417  $       464,592             Y/Y growth13%                Wix.com Ltd.TOTAL ADJUSTMENTS GAAP TO NON-GAAP(In thousands)                 Three Months Ended Year Ended December 31, December 31, 2025 2024 2025 2024(1) Share based compensation expenses:(unaudited) (unaudited)Cost of revenues$         3,584  $           3,466 $         13,915  $         14,146 Research and development31,681  32,320 127,503  126,462 Selling and marketing9,300  9,625 36,971  38,755 General and administrative13,546  16,390 58,987  61,358 Total share based compensation expenses58,111  61,801 237,376  240,721 (2) Amortization2,923  1,834 7,009  6,243 (3) Acquisition related expenses90,044  - 131,563  6 (4) Amortization of debt discount and debt issuance costs1,283  793 3,831  3,166 (5) Sales tax accrual and other G&A expenses2,694  881 3,400  1,464 (6) Unrealized gain on equity and other investments(1,118) - (1,090) (2,536)(7) Non-operating foreign exchange expenses (income)(4,129) 3,767 7,154  (4,703)(8) Provision for income tax effects related to non-GAAP adjustments257  - 257  583 (9) Loss from equity method investment1,490  - 1,490  - Total adjustments of GAAP to Non GAAP$     151,555  $         69,076 $       390,990  $       244,944             Wix.com Ltd.
 RECONCILIATION OF GAAP TO NON-GAAP GROSS PROFIT
 (In thousands)
                          Three Months Ended
  Year Ended
  December 31,
  December 31,
  2025  2024  2025  2024  (unaudited)
  (unaudited)
 Gross Profit$352,976  $316,819  $1,356,691  $1,196,015 Share based compensation expenses3,584  3,466  13,915  14,146 Acquisition related expenses22  -  205  - Amortization2,170  667  4,420  2,669 Non GAAP Gross Profit$358,752  $320,952  $1,375,231  $1,212,830             Non GAAP Gross margin68% 70% 69% 69%                         Three Months Ended
  Year Ended
  December 31,
  December 31,
  2025  2024  2025  2024  (unaudited)
  (unaudited)
 Gross Profit - Creative Subscriptions$302,432  $277,061  $1,172,439  $1,051,553 Share based compensation expenses2,532  2,482  9,835  10,232 Acquisition related expenses22  -  205  - Amortization1,553  -  1,553  - Non GAAP Gross Profit - Creative Subscriptions$306,539  $279,543  $1,184,032  $1,061,785             Non GAAP Gross margin - Creative Subscriptions83% 85% 84% 84%                         Three Months Ended
  Year Ended
  December 31,
  December 31,
  2025  2024  2025  2024  (unaudited)
  (unaudited)
 Gross Profit - Business Solutions$50,544  $39,758  $184,252  $144,462 Share based compensation expenses1,052  984  4,080  3,914 Amortization617  667  2,867  2,669 Non GAAP Gross Profit - Business Solutions$52,213  $41,409  $191,199  $151,045             Non GAAP Gross margin - Business Solutions34% 32% 33% 30%             Wix.com Ltd.
 RECONCILIATION OF OPERATING INCOME (LOSS) TO NON-GAAP OPERATING INCOME
 (In thousands)
              Three Months Ended
  Year Ended
  December 31,
  December 31,
  2025  2024  2025  2024  (unaudited)   (unaudited)  Operating income (loss)$     (72,588) $         36,020  $           1,752  $       100,141 Adjustments:           Share based compensation expenses58,111  61,801  237,376  240,721 Amortization2,923  1,834  7,009  6,243 Sales tax accrual and other G&A expenses2,694  881  3,400  1,464 Acquisition related expenses90,044  -  131,563  6 Total adjustments153,772  64,516  379,348  248,434             Non GAAP operating income$       81,184  $       100,536  $       381,100  $       348,575             Non GAAP operating margin15% 22% 19% 20%                         Wix.com Ltd.
RECONCILIATION OF NET INCOME (LOSS) TO NON-GAAP NET INCOME AND NON-GAAP NET INCOME PER SHARE
(In thousands, except  per share data)
          Three Months Ended
 Year Ended December 31,
 December 31, 2025  2024 2025 2024 (unaudited)
 (unaudited)Net income (loss)$(40,234) $48,024 $50,646 $138,322Share based compensation expenses and other Non GAAP adjustments151,555  69,076 390,990 244,944Non-GAAP net income$111,321  $117,100 $441,636 $383,266         Basic Non GAAP net income per share$2.03  $2.10 $7.95 $6.90Weighted average shares used in computing basic Non GAAP net income per share54,944,944  55,786,201 55,550,762 55,579,368         Diluted Non GAAP net income per share$1.81  $1.93 $7.32 $6.39Weighted average shares used in computing diluted Non GAAP net income per share61,612,590  60,648,791 60,313,538 59,953,371                   Wix.com Ltd.
 RECONCILIATION OF NET CASH PROVIDED BY OPERATING ACTIVITIES TO FREE CASH FLOW
 (In thousands)
              Three Months Ended
  Year Ended
  December 31,
  December 31,
  2025  2024  2025  2024  (unaudited)
  (unaudited)
 Net cash provided by operating activities$     158,333  $       133,736  $       582,858  $       497,415 Capital expenditures, net(2,764) (1,963) (9,901) (19,336)Free Cash Flow$     155,569  $       131,773  $       572,957  $       478,079             Cash paid for acquisition-related costs-  -  32,128  - Capex related to HQ build out-  -  -  10,325 Free Cash Flow excluding HQ build out and acquisition costs$     155,569  $       131,773  $       605,085  $       488,404                         

Item 1 of 2 A Tesla logo is pictured at a Tesla dealership, after Tesla, Inc. released its financial results for the first quarter of 2025, in Berlin, Germany April 23, 2025. REUTERS/Annegret Hilse/File Photo

[1/2]A Tesla logo is pictured at a Tesla dealership, after Tesla, Inc. released its financial results for the first quarter of 2025, in Berlin, Germany April 23, 2025. REUTERS/Annegret Hilse/File Photo Purchase Licensing Rights, opens new tab

CompaniesBERLIN, March 4 (Reuters) - Germany's top industrial union is fighting for more influence at Tesla's (TSLA.O), opens new tab gigafactory outside Berlin, where ​staff are voting for a new works council after ‌a campaign marked by mud-slinging and legal challenges.

Voting began on Monday at Tesla's Gruenheide plant, the U.S. electric car maker's only European production ​site, with results expected later Wednesday.

The Reuters Iran Briefing newsletter keeps you informed with the latest developments and analysis of the Iran war. Sign up here.

The current council is ​dominated by non-union members. The IG Metall union is ⁠fielding 116 candidates in a bid to win a ​simple majority - 19 of 37 seats. The union secured 16 in ​the last election two years ago, when the council had 39 seats.

IG Metall has accused management of stoking anti-union sentiment. Plant director Andre ​Thierig has countered that the union is focused solely on ​boosting IG Metall membership.

"We are very satisfied with our election campaign. We ‌are ⁠running with a great team and our issues are clearly striking a chord with our colleagues," IG Metall's lead candidate Laura Arndt said in a statement to Reuters.

Works councils, elected ​by staff, are ​a cornerstone of ⁠German labour relations, representing employees in talks with management.

IG Metall dominates councils across German carmakers - ​including Volkswagen , BMW (BMWG.DE), opens new tab and Mercedes (MBGn.DE), opens new tab - but remains the ​underdog ⁠at Tesla, whose CEO Elon Musk is outspoken in his criticism of unions.

Tensions peaked in February when Tesla accused an IG Metall ⁠trade ​unionist of secretly filming a works ​council meeting and filed a criminal complaint.

IG Metall dismissed the allegation as a "calculated ​lie".

Reporting by Rachel More and Christina Amann. Editing by Mark Potter

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STAAR Surgical Company (STAA) Q4 2025 Earnings Call Transcript

New Multi‑Port Charging Architecture Signals a Potential Leap Toward Ultra‑Fast EV Refueling - Designed to Accelerate Adoption, Improve Infrastructure Efficiency, and Transform the Global Charging Experience

SUNNY ISLES BEACH, FLORIDA / ACCESS Newswire / March 4, 2026 / Elektros Inc. (OTC Pink:ELEK) today announced that the United States Patent and Trademark Office (USPTO) has issued U.S. Patent No. 12,522,100 B1, titled "Multi-Port Charging Assembly for Electric Vehicles."

This newly issued patent represents a potential breakthrough in electric vehicle charging technology. The patented multi-port charging architecture is engineered to combine multiple independent power inputs and intelligently manage them through a single charging interface. By addressing structural limitations inherent in traditional single-port charging systems, the technology introduces a new infrastructure model that could significantly enhance how electric vehicles are recharged around the world.

The Company believes this multi-port charging approach has the potential to dramatically reduce overall EV charging times while maintaining compatibility with existing vehicle standards, positioning the technology as a scalable solution for the next generation of global EV infrastructure.

"Our primary objective with this patented technology is to fundamentally redefine the electric vehicle charging experience," said Shlomo Bleier, Chief Executive Officer of Elektros Inc. "We are working toward a future where recharging an electric vehicle from empty to full is comparable to refueling a gasoline vehicle - approximately three to four minutes. With our multi-port charging architecture, our goal is to enable full EV battery recharging in roughly seven minutes, a transformative advancement compared to the approximately one hour required by today's fastest supercharging solutions."

The patent was officially issued on January 13, 2026, includes 20 claims, and benefits from a 713-day patent term extension under 35 U.S.C. §154(b). The invention was developed by Shlomo Bleier and is assigned to Elektros Inc.

Elektros Inc. believes the technology may be applicable across a broad range of electric vehicle platforms, including passenger vehicles, commercial fleets, and specialty electric vehicles worldwide.

Patent Details:

Title: Multi-Port Charging Assembly for Electric Vehicles

Patent Number: US 12,522,100 B1

Issue Date: January 13, 2026

Assignee: Elektros Inc.

Inventor: Shlomo Bleier

Cautionary Statement Regarding Forward-Looking Information:

This press release contains forward-looking statements regarding potential applications, anticipated performance capabilities, and future commercialization of the patented technology. These statements are subject to risks and uncertainties, and actual results may differ materially. This release does not constitute an offer to sell or a solicitation of an offer to buy any securities.

Contact:

Elektros Inc. - IR and Media Inquiries

Email: [email protected]

Website: www.elektros.energy

SOURCE: Elektros, Inc.

March 04, 2026 01:30 ET  | Source: BW Offshore

Ex dividend USD 0.183 today

The shares in BW Offshore Limited will trade ex dividend USD 0.183 per share as from today, 4 March 2026.

Dividend payment to shareholders will be on or about 13 March 2026.

This information is published in accordance with the requirements of the Continuing Obligations.

[email protected]   www.bwoffshore.com

About BW Offshore:
BW Offshore engineers innovative floating production solutions. The Company has a fleet of FPSOs and floating wind solutions. By leveraging four decades of offshore operations and project execution, the Company creates tailored offshore energy solutions for evolving markets worldwide. BW Offshore has around 900 employees and is publicly listed on the Oslo stock exchange.

This information is subject to the disclosure requirements pursuant to Section 5-12 the Norwegian Securities Trading Act

5.32K Followers

Analyst’s Disclosure: I/we have no stock, option or similar derivative position in any of the companies mentioned, and no plans to initiate any such positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article.

Seeking Alpha's Disclosure: Past performance is no guarantee of future results. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. Any views or opinions expressed above may not reflect those of Seeking Alpha as a whole. Seeking Alpha is not a licensed securities dealer, broker or US investment adviser or investment bank. Our analysts are third party authors that include both professional investors and individual investors who may not be licensed or certified by any institute or regulatory body.

Q4: 2026-03-03 Earnings SummaryEPS of $0.00 beats by $0.04

 |

Revenue of

$330.69M

(-6.28% Y/Y)

misses by $6.50M

WEBTOON Entertainment Inc. (WBTN) Q4 2025 Earnings Call March 3, 2026 4:30 PM EST

Company Participants

Soohwan Kim
Junkoo Kim - Founder, CEO & Chairman of the Board
David Lee - CFO, COO & Director
Yongsoo Kim - Chief Strategy Officer & Head of Global

Conference Call Participants

Mark Stephen Mahaney - Evercore ISI Institutional Equities, Research Division
Benjamin Black - Deutsche Bank AG, Research Division
Dae Lee - JPMorgan Chase & Co, Research Division
Matthew Cost - Morgan Stanley, Research Division
Andrew Marok - Raymond James & Associates, Inc., Research Division

Presentation

Operator

Thank you for standing by. My name is John, and I will be your conference operator today. At this time, I would like to welcome everyone to the WEBTOON Entertainment Fourth Quarter and Full Year 2025 Earnings Call. [Operator Instructions]

I would now like to turn the call over to Soohwan Kim, Vice President of Investor Relations. Mr. Kim, please go ahead.

Soohwan Kim

Good afternoon, and thank you for joining us. As a reminder, our remarks today will include forward-looking statements, including those regarding our future plans, objectives and expected performance and our guidance for the next quarter. Actual results may vary materially from today's statements. Information concerning risks, uncertainties and other factors that could cause these results to differ is included in our SEC filings, including those stated in the Risk Factors section of our filings with the SEC. These forward-looking statements represent our outlook only as of date of this call. We undertake no obligation to revise or update any forward-looking statements.

Additionally, the matters we discuss today include both GAAP and non-GAAP financial measures. Reconciliation of any non-GAAP financial measures to the most directly comparable GAAP measures are set forth in our earnings press release. Non-GAAP financial measures should be considered in addition to and not a substitute for

Since Gulden joined in 2023, Adidas has embarked on a revamp strategy, taking steps to reposition its brand amid fierce competition.

Zoom Communications stands out in a weak software sector, supported by its Anthropic stake and robust net cash position. ZM trades at just 12x forward non-GAAP earnings, with net cash and investments comprising up to 48% of market cap. Management guides for modest 4.2% FY revenue growth but expresses optimism about AI monetization in FY '27.

Exelixis, Inc. (EXEL) Presents at TD Cowen 46th Annual Health Care Conference Transcript

Twenty-nine midstream energy companies were evaluated on a relative favorability matrix with factors representing yield, yield coverage, valuation, profitability, growth, and leverage. Based on this analysis, UGP, HESM, and USAC are the most favorable prospects in the midstream industry. I recommend investors who own TRP, GEL, or DKL carefully review their position, as these midstreams compare unfavorably to peers.