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Workiva Inc. (WK) Q4 2025 Earnings Call Transcript

February 19, 2026 20:48 ET  | Source: Paladin Energy Ltd

PERTH, Australia, Feb. 19, 2026 (GLOBE NEWSWIRE) -- Paladin Energy Ltd (ASX:PDN, TSX:PDN, OTCQX:PALAF) (Paladin or the Company) announces it has received Ministerial approval for the Company’s Environmental Impact Statement (EIS) under The Environmental Assessment Act (Saskatchewan) for the development of its Patterson Lake South (PLS) Project, located in the Athabasca Basin, Canada.

The Saskatchewan Minister of Environment has formally approved the Company’s EIS for the shallow, high grade PLS Project. The approval follows technical acceptance of the document in June 2025 and an extensive public review period from July to September this year.

The Environmental Assessment approval is an important regulatory milestone for the PLS Project and a prerequisite for permits and licences issued by provincial and federal authorities leading to construction and operation.

Paladin continues to work closely with the Canadian Nuclear Safety Commission (CNSC) to progress the PLS Project within its licensing process at the federal level. Paladin is advancing the technical detail needed to support the application for a construction licence submitted to the CNSC.

Saskatchewan Premier Scott Moe said: “We welcome the continuing focus by Paladin in progressing the development of the PLS Project in a sustainable and safe way to benefit the people and communities of Saskatchewan. Our province continues to be a leader in all aspects of uranium production and the Environmental Approval will assist this project to move forward and further enhance our world-class energy sector.”

“The Patterson Lake South (PLS) Project supports the province’s Growth Plan and Saskatchewan’s role as an energy supplier. I am pleased to see this project moving forward with strong environmental safeguards” Minister of Environment Darlene Rowden said. “The environmental and sustainability aspects of the PLS Project have been subject to our robust Environmental Assessment process including scrutiny of our review panel of subject matter experts and having undergone considerable public and indigenous consultation. I commend Paladin on its approach to the approval process and congratulate their team on achieving this important milestone in their development.” 

Paladin Managing Director and Chief Executive Officer, Paul Hemburrow said: “Paladin is delighted that the Minister, the Saskatchewan Government and its environmental regulatory agency have formally recognised that our approach to delivering a sustainable and safe development at the PLS Project is both environmentally and socially appropriate and achievable. The PLS Project is an economically and strategically important development within Canada and we will continue to progress the construction licencing process with the CNSC.”

This announcement has been authorised for release by the Board of Directors of Paladin Energy Ltd.

San Diego, California--(Newsfile Corp. - February 19, 2026) - Robbins Geller Rudman & Dowd LLP announces that purchasers or acquirers of Richtech Robotics Inc. (NASDAQ: RR) publicly traded securities between January 27, 2026 and 12:00 p.m. EST on January 29, 2026, inclusive (the "Class Period"), have until Friday, April 3, 2026 to seek appointment as lead plaintiff of the Richtech Robotics class action lawsuit. Captioned Diez v. Richtech Robotics Inc., No. 26-cv-00231 (D. Nev.), the Richtech Robotics class action lawsuit charges Richtech Robotics and certain of Richtech Robotics' top executives with violations of the Securities Exchange Act of 1934.

If you suffered substantial losses and wish to serve as lead plaintiff of the Richtech Robotics class action lawsuit, please provide your information here:

https://www.rgrdlaw.com/cases-richtech-robotics-inc-class-action-lawsuit-rr.html

You can also contact attorney J.C. Sanchez of Robbins Geller by calling 800/449-4900 or via e-mail at [email protected].

CASE ALLEGATIONS: Richtech Robotics develops, manufactures, deploys, and sells robotic solutions for automation in the service industry.

The Richtech Robotics class action lawsuit alleges that throughout the Class Period Richtech Robotics claimed that it had a collaborative and commercial relationship with Microsoft when it did not.

The Richtech Robotics class action lawsuit further alleges that on January 29, 2026 at 12:00 p.m. EST, Hunterbrook Media published an article entitled "Breaking: Microsoft Denies Partnership with Richtech Robotics," which alleged that "'Richtech participated in an AI Co-Innovation Lab engagement, which is a standard customer engagement focused on exploring and prototyping AI solutions using Microsoft technologies . . . . There is no commercial element in this lab engagement.'" On this news, the price of Richtech Robotics Class B stock fell more than 29% over two trading days, according to the complaint.

THE LEAD PLAINTIFF PROCESS: The Private Securities Litigation Reform Act of 1995 permits any investor who purchased or acquired Richtech Robotics publicly traded securities during the Class Period to seek appointment as lead plaintiff in the Richtech Robotics class action lawsuit. A lead plaintiff is generally the movant with the greatest financial interest in the relief sought by the putative class who is also typical and adequate of the putative class. A lead plaintiff acts on behalf of all other class members in directing the Richtech Robotics investor class action lawsuit. The lead plaintiff can select a law firm of its choice to litigate the Richtech Robotics shareholder class action lawsuit. An investor's ability to share in any potential future recovery is not dependent upon serving as lead plaintiff of the Richtech Robotics class action lawsuit.

ABOUT ROBBINS GELLER: Robbins Geller Rudman & Dowd LLP is one of the world's leading law firms representing investors in securities fraud and shareholder rights litigation. Our Firm ranked #1 on the most recent ISS Securities Class Action Services Top 50 Report, recovering more than $916 million for investors in 2025. This marks our fourth #1 ranking in the past five years. And in those five years alone, Robbins Geller recovered $8.4 billion for investors – $3.4 billion more than any other law firm. With 200 lawyers in 10 offices, Robbins Geller is one of the largest plaintiffs' firms in the world, and the Firm's attorneys have obtained many of the largest securities class action recoveries in history, including the largest ever – $7.2 billion – in In re Enron Corp. Sec. Litig. Please visit the following page for more information:

https://www.rgrdlaw.com/services-litigation-securities-fraud.html

Attorney advertising.
Past results do not guarantee future outcomes.
Services may be performed by attorneys in any of our offices.

Contact:
Robbins Geller Rudman & Dowd LLP
J.C. Sanchez
655 W. Broadway, Suite 1900, San Diego, CA 92101
800-449-4900
[email protected]

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/284345

Source: Robbins Geller Rudman & Dowd LLP

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Floor & Decor Holdings, Inc. (FND) Q4 2025 Earnings Call Transcript

, /PRNewswire/ -- Pomerantz LLP announces that a class action lawsuit has been filed against Smart Digital Group Limited ("Smart Digital" or the "Company") (NASDAQ: SDM). Such investors are advised to contact Danielle Peyton at [email protected] or 646-581-9980, (or 888.4-POMLAW), toll-free, Ext. 7980. Those who inquire by e-mail are encouraged to include their mailing address, telephone number, and the number of shares purchased.

The class action concerns whether Smart Digital and certain of its officers and/or directors have engaged in securities fraud or other unlawful business practices.

You have until March 16, 2026 to ask the Court to appoint you as Lead Plaintiff for the class if you purchased or otherwise acquired Smart Digital securities during the Class Period. A copy of the Complaint can be obtained at www.pomerantzlaw.com.

[Click here for information about joining the class action]

On September 26, 2025, Smart Digital's stock price plunged 86.4% to close at $1.85 per share following an intraday halt by the NASDAQ Stock Market (the "NASDAQ") for volatility just minutes after the market opened. Before the next trading day began, the U.S. Securities and Exchange Commission ("SEC") suspended trading in Smart Digital securities from September 29, 2025 through October, 10, 2025, citing "potential manipulation" in the Company's securities "effectuated through recommendations made to investors by unknown persons via social media to purchase the securities of SDM, which appeared to be designed to artificially inflate the price and volume of the securities of SDM." The SEC cautioned "broker-dealers, shareholders and prospective purchasers that they should carefully consider the foregoing information along with all other currently available information and any information subsequently issued by the company." With the SEC suspension scheduled to expire, on October 11, 2025, NASDAQ suspended trading in Smart Digital securities pending a request for additional information.

Pomerantz LLP, with offices in New York, Chicago, Los Angeles, London, Paris, and Tel Aviv, is acknowledged as one of the premier firms in the areas of corporate, securities, and antitrust class litigation. Founded by the late Abraham L. Pomerantz, known as the dean of the class action bar, Pomerantz pioneered the field of securities class actions. Today, more than 85 years later, Pomerantz continues in the tradition he established, fighting for the rights of the victims of securities fraud, breaches of fiduciary duty, and corporate misconduct. The Firm has recovered numerous multimillion-dollar damages awards on behalf of class members. See www.pomlaw.com.

Attorney advertising. Prior results do not guarantee similar outcomes.

CONTACT:
Danielle Peyton
Pomerantz LLP
[email protected]
646-581-9980 ext. 7980

SOURCE Pomerantz LLP

, /PRNewswire/ -- Pomerantz LLP announces that a class action lawsuit has been filed against Richtech Robotics Inc. ("Richtech" or the "Company") (NASDAQ: RR). Such investors are advised to contact Danielle Peyton at [email protected] or 646-581-9980, (or 888.4-POMLAW), toll-free, Ext. 7980. Those who inquire by e-mail are encouraged to include their mailing address, telephone number, and the number of shares purchased. 

The class action concerns whether Richtech and certain of its officers and/or directors have engaged in securities fraud or other unlawful business practices. 

You have until April 3, 2026, to ask the Court to appoint you as Lead Plaintiff for the class if you purchased or otherwise acquired Richtech securities during the Class Period. A copy of the Complaint can be obtained at www.pomerantzlaw.com.

[Click here for information about joining the class action]

On January 29, 2026, Hunterbrook Media published a short report alleging that Richtech had mischaracterized a non-commercial participation in Microsoft's AI Co-Innovation Labs as a "close collaboration." According to the report, Microsoft stated that the engagement was a standard customer program with no commercial element, despite Richtech's public statements implying a meaningful partnership. The report further noted that the announcement preceded a dilutive private placement and followed Richtech's failure to file its Form 10-K in a timely manner, raising questions about the accuracy of the Company's prior disclosures. 

On this news, Richtech's stock price fell $1.06 per share, or 20.87%, to close at $4.02 per share on January 29, 2026.

Pomerantz LLP, with offices in New York, Chicago, Los Angeles, London, Paris, and Tel Aviv, is acknowledged as one of the premier firms in the areas of corporate, securities, and antitrust class litigation. Founded by the late Abraham L. Pomerantz, known as the dean of the class action bar, Pomerantz pioneered the field of securities class actions. Today, more than 85 years later, Pomerantz continues in the tradition he established, fighting for the rights of the victims of securities fraud, breaches of fiduciary duty, and corporate misconduct. The Firm has recovered numerous multimillion-dollar damages awards on behalf of class members. See www.pomlaw.com. 

Attorney advertising. Prior results do not guarantee similar outcomes.

CONTACT:
Danielle Peyton
Pomerantz LLP
[email protected]
646-581-9980 ext. 7980 

SOURCE Pomerantz LLP

, /PRNewswire/ -- Pomerantz LLP announces that a class action lawsuit has been filed against China Liberal Education Holdings Limited ("CLEU" or the "Company") (OTCMKTS: CLEUF). Such investors are advised to contact Danielle Peyton at [email protected] or 646-581-9980, (or 888.4-POMLAW), toll-free, Ext. 7980. Those who inquire by e-mail are encouraged to include their mailing address, telephone number, and the number of shares purchased. 

The class action concerns whether CLEU and certain of its officers and/or directors have engaged in securities fraud or other unlawful business practices. 

You have until March 31, 2026, to ask the Court to appoint you as Lead Plaintiff for the class if you purchased or otherwise acquired CLEU securities during the Class Period. A copy of the Complaint can be obtained at www.pomerantzlaw.com.

[Click here for information about joining the class action]

A complaint has been filed, alleging that, in January 2025, individuals impersonating investment advisors on social media apps fraudulently influenced investors to purchase shares of CLEU stock, artificially "pumping" the price of CLEU stock. 

On January 30, 2025, the stock price suddenly plummeted, causing many investors to lose nearly all of the funds they had invested in these shares. 

Pomerantz LLP, with offices in New York, Chicago, Los Angeles, London, Paris, and Tel Aviv, is acknowledged as one of the premier firms in the areas of corporate, securities, and antitrust class litigation. Founded by the late Abraham L. Pomerantz, known as the dean of the class action bar, Pomerantz pioneered the field of securities class actions. Today, more than 85 years later, Pomerantz continues in the tradition he established, fighting for the rights of the victims of securities fraud, breaches of fiduciary duty, and corporate misconduct. The Firm has recovered numerous multimillion-dollar damages awards on behalf of class members. See www.pomlaw.com. 

Attorney advertising. Prior results do not guarantee similar outcomes.

CONTACT:
Danielle Peyton
Pomerantz LLP
[email protected]
646-581-9980 ext. 7980

SOURCE Pomerantz LLP

, /PRNewswire/ -- Pomerantz LLP announces that a class action lawsuit has been filed against Vistagen Therapeutics, Inc. ("Vistagen" or the "Company") (NASDAQ: VTGN). Such investors are advised to contact Danielle Peyton at [email protected] or 646-581-9980, (or 888.4-POMLAW), toll-free, Ext. 7980. Those who inquire by e-mail are encouraged to include their mailing address, telephone number, and the number of shares purchased. 

The class action concerns whether Vistagen and certain of its officers and/or directors have engaged in securities fraud or other unlawful business practices. 

You have until March 16, 2026, to ask the Court to appoint you as Lead Plaintiff for the class if you purchased or otherwise acquired Vistagen securities during the Class Period. A copy of the Complaint can be obtained at www.pomerantzlaw.com.   

[Click here for information about joining the class action]  

On December 17, 2025, Vistagen issued a press release announcing that the PALISADE-3 Phase 3 study of intranasal fasedienol for the acute treatment of social anxiety disorder did not demonstrate a statistically significant improvement on the primary endpoint of change on the Subjective Units of Distress Scale.  In relevant part, the Company announced that the trial did not achieve its primary endpoint and there was no treatment difference between fasedienol and placebo for the secondary endpoint. 

On this news, Vistagen's stock price fell $3.499 per share, or 80.25%, to close at $0.861 per share on December 17, 2025.

Pomerantz LLP, with offices in New York, Chicago, Los Angeles, London, Paris, and Tel Aviv, is acknowledged as one of the premier firms in the areas of corporate, securities, and antitrust class litigation. Founded by the late Abraham L. Pomerantz, known as the dean of the class action bar, Pomerantz pioneered the field of securities class actions. Today, more than 85 years later, Pomerantz continues in the tradition he established, fighting for the rights of the victims of securities fraud, breaches of fiduciary duty, and corporate misconduct. The Firm has recovered numerous multimillion-dollar damages awards on behalf of class members. See www.pomlaw.com. 

Attorney advertising. Prior results do not guarantee similar outcomes.  

CONTACT:
Danielle Peyton
Pomerantz LLP
[email protected]
646-581-9980 ext. 7980 

SOURCE Pomerantz LLP

, /PRNewswire/ -- Pomerantz LLP announces that a class action lawsuit has been filed against BellRing Brands, Inc. ("BellRing" or the "Company") (NYSE: BRBR). Such investors are advised to contact Danielle Peyton at [email protected] or 646-581-9980, (or 888.4-POMLAW), toll-free, Ext. 7980. Those who inquire by e-mail are encouraged to include their mailing address, telephone number, and the number of shares purchased. 

The class action concerns whether BellRing and certain of its officers and/or directors have engaged in securities fraud or other unlawful business practices. 

You have until March 23, 2026, to ask the Court to appoint you as Lead Plaintiff for the class if you purchased or otherwise acquired BellRing securities during the Class Period. A copy of the Complaint can be obtained at www.pomerantzlaw.com.   

[Click here for information about joining the class action]  

On May 6, 2025, during its second quarter 2025 earnings call, BellRing revealed that certain customers had been "hoarding inventory to make sure that they didn't run out of stock on shelf" and "protecting themselves coming out of capacity constraints."  As a result, BellRing disclosed that this would slow sales growth in the third quarter to "low-single-digits."  

On this news, BellRing's stock price fell $14.88 per share, or 18.97%, to close at $63.55 on May 6, 2025. 

Then, on August 4, 2025, BellRing reported its financial results for the third quarter of 2025 and "narrowed its fiscal year 2025 outlook for net sales".  

On this news, BellRing's stock price fell $17.46 per share, or nearly 33%, to close at $36.18 per share on August 5, 2025.

Pomerantz LLP, with offices in New York, Chicago, Los Angeles, London, Paris, and Tel Aviv, is acknowledged as one of the premier firms in the areas of corporate, securities, and antitrust class litigation. Founded by the late Abraham L. Pomerantz, known as the dean of the class action bar, Pomerantz pioneered the field of securities class actions. Today, more than 85 years later, Pomerantz continues in the tradition he established, fighting for the rights of the victims of securities fraud, breaches of fiduciary duty, and corporate misconduct. The Firm has recovered numerous multimillion-dollar damages awards on behalf of class members. See www.pomlaw.com. 

Attorney advertising. Prior results do not guarantee similar outcomes.

CONTACT:
Danielle Peyton
Pomerantz LLP
[email protected]
646-581-9980 ext. 7980

SOURCE Pomerantz LLP

For the quarter ended December 2025, ICU Medical (ICUI - Free Report) reported revenue of $535.94 million, down 13.8% over the same period last year. EPS came in at $1.91, compared to $2.11 in the year-ago quarter.

The reported revenue compares to the Zacks Consensus Estimate of $528.97 million, representing a surprise of +1.32%. The company delivered an EPS surprise of +13.52%, with the consensus EPS estimate being $1.68.

While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they compare to Wall Street expectations to determine their next course of action, some key metrics always provide a better insight into a company's underlying performance.

Since these metrics play a crucial role in driving the top- and bottom-line numbers, comparing them with the year-ago numbers and what analysts estimated about them helps investors better project a stock's price performance.

Here is how ICU Medical performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts:

Revenue- Infusion Systems: $176.3 million compared to the $177.59 million average estimate based on two analysts.Revenue- Vital Care: $79.7 million compared to the $76.87 million average estimate based on two analysts.Revenue- Consumables: $284.7 million versus the two-analyst average estimate of $280.64 million.View all Key Company Metrics for ICU Medical here>>>

Shares of ICU Medical have returned -2.3% over the past month versus the Zacks S&P 500 composite's -0.8% change. The stock currently has a Zacks Rank #3 (Hold), indicating that it could perform in line with the broader market in the near term.

For the quarter ended December 2025, Workiva (WK - Free Report) reported revenue of $238.94 million, up 19.5% over the same period last year. EPS came in at $0.78, compared to $0.33 in the year-ago quarter.

The reported revenue represents a surprise of +1.67% over the Zacks Consensus Estimate of $235 million. With the consensus EPS estimate being $0.68, the EPS surprise was +15.56%.

While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they compare to Wall Street expectations to determine their next course of action, some key metrics always provide a better insight into a company's underlying performance.

Since these metrics play a crucial role in driving the top- and bottom-line numbers, comparing them with the year-ago numbers and what analysts estimated about them helps investors better project a stock's price performance.

Here is how Workiva performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts:

Revenue- Subscription and support: $219.33 million compared to the $216.9 million average estimate based on three analysts. The reported number represents a change of +21.3% year over year.Revenue- Professional Services: $19.6 million compared to the $18.17 million average estimate based on three analysts. The reported number represents a change of +3.2% year over year.Gross profit- Professional services (non-GAAP): $7.98 million compared to the $5.51 million average estimate based on three analysts.Gross profit- Subscription and support (non-GAAP): $189.51 million versus $183.38 million estimated by three analysts on average.View all Key Company Metrics for Workiva here>>>

Shares of Workiva have returned -27.4% over the past month versus the Zacks S&P 500 composite's -0.8% change. The stock currently has a Zacks Rank #3 (Hold), indicating that it could perform in line with the broader market in the near term.

Floor & Dcor (FND - Free Report) reported $1.13 billion in revenue for the quarter ended December 2025, representing a year-over-year increase of 2%. EPS of $0.36 for the same period compares to $0.39 a year ago.

The reported revenue compares to the Zacks Consensus Estimate of $1.14 billion, representing a surprise of -0.52%. The company delivered an EPS surprise of +1.9%, with the consensus EPS estimate being $0.35.

While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they compare to Wall Street expectations to determine their next course of action, some key metrics always provide a better insight into a company's underlying performance.

As these metrics influence top- and bottom-line performance, comparing them to the year-ago numbers and what analysts estimated helps investors project a stock's price performance more accurately.

Here is how Floor & Dcor performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts:

Comparable store sales: -4.8% versus -3% estimated by seven analysts on average.Warehouse stores - Total: 270 compared to the 272 average estimate based on four analysts.Warehouse stores - Opened: 8 versus 9 estimated by three analysts on average.View all Key Company Metrics for Floor & Dcor here>>>

Shares of Floor & Dcor have returned -6.8% over the past month versus the Zacks S&P 500 composite's -0.8% change. The stock currently has a Zacks Rank #3 (Hold), indicating that it could perform in line with the broader market in the near term.

NEW YORK, Feb. 19, 2026 (GLOBE NEWSWIRE) --

WHY: Rosen Law Firm, a global investor rights law firm, reminds purchasers of common stock of Varonis Systems, Inc. (NASDAQ: VRNS) between February 4, 2025 and October 28, 2025, both dates inclusive (the “Class Period”), of the important March 9, 2026 lead plaintiff deadline.

SO WHAT: If you purchased Varonis common stock during the Class Period you may be entitled to compensation without payment of any out of pocket fees or costs through a contingency fee arrangement.

WHAT TO DO NEXT: To join the Varonis class action, go to https://rosenlegal.com/submit-form/?case_id=50337 or call Phillip Kim, Esq. toll-free at 866-767-3653 or email [email protected] for information on the class action. A class action lawsuit has already been filed. If you wish to serve as lead plaintiff, you must move the Court no later than March 9, 2026. A lead plaintiff is a representative party acting on behalf of other class members in directing the litigation.

WHY ROSEN LAW: We encourage investors to select qualified counsel with a track record of success in leadership roles. Often, firms issuing notices do not have comparable experience, resources, or any meaningful peer recognition. Many of these firms do not actually litigate securities class actions, but are merely middlemen that refer clients or partner with law firms that actually litigate the cases. Be wise in selecting counsel. The Rosen Law Firm represents investors throughout the globe, concentrating its practice in securities class actions and shareholder derivative litigation. Rosen Law Firm achieved the largest ever securities class action settlement against a Chinese Company at the time. Rosen Law Firm was Ranked No. 1 by ISS Securities Class Action Services for number of securities class action settlements in 2017. The firm has been ranked in the top 4 each year since 2013 and has recovered hundreds of millions of dollars for investors. In 2019 alone the firm secured over $438 million for investors. In 2020, founding partner Laurence Rosen was named by law360 as a Titan of Plaintiffs’ Bar. Many of the firm’s attorneys have been recognized by Lawdragon and Super Lawyers.

DETAILS OF THE CASE: According to the lawsuit, defendants made materially false and/or misleading statements and or failed to disclose that: (1) Varonis would not be able to maintain ARR projections while converting both its federal and non-federal existing on-prem customers to the software-as-a-service (“SaaS”) alternative offering; (2) Varonis was not equipped to convince existing users of the benefits of converting to the SaaS offering or otherwise maintain these customers on its platform, resulting in significantly reduced ARR growth potential in the near-term; and (3) as a result of the foregoing, defendants’ positive statements about Varonis’ business, operations, and prospects were materially misleading and/or lacked a reasonable basis. When the true details entered the market, the lawsuit claims that investors suffered damages.

To join the Varonis class action, go to https://rosenlegal.com/submit-form/?case_id=50337 or call Phillip Kim, Esq. toll-free at 866-767-3653 or email [email protected] for information on the class action.

No Class Has Been Certified. Until a class is certified, you are not represented by counsel unless you retain one. You may select counsel of your choice. You may also remain an absent class member and do nothing at this point. An investor’s ability to share in any potential future recovery is not dependent upon serving as lead plaintiff.

Follow us for updates on LinkedIn: https://www.linkedin.com/company/the-rosen-law-firm, on Twitter: https://twitter.com/rosen_firm or on Facebook: https://www.facebook.com/rosenlawfirm/.

Attorney Advertising. Prior results do not guarantee a similar outcome.

Contact Information:

        Laurence Rosen, Esq.
        Phillip Kim, Esq.
        The Rosen Law Firm, P.A.
        275 Madison Avenue, 40th Floor
        New York, NY 10016
        Tel: (212) 686-1060
        Toll Free: (866) 767-3653
        Fax: (212) 202-3827
        [email protected]
        www.rosenlegal.com

JAKKS Pacific, Inc. (JAKK) Q4 2025 Earnings Call Transcript

NEW YORK--(BUSINESS WIRE)--Why: Rosen Law Firm, a global investor rights law firm, announces an investigation of potential securities claims on behalf of shareholders of Vizsla Silver Corp. (NYSE American: VZLA) resulting from allegations that Vizsla Silver Corp. may have issued materially misleading business information to the investing public. So What: If you purchased Vizsla Silver Corp. securities you may be entitled to compensation without payment of any out of pocket fees or costs through.

Vector Limited (VETTF) Q2 2026 Earnings Call Transcript

, /PRNewswire/ -- Grupo Simec, S.A.B. de C.V. (NYSE: SIM) ("Simec") announced today its results of operations for the twelve-month period ended December 31, 2025.

Twelve-Month Period Ended December 31, 2025 compared to Twelve-Month Period Ended December 31, 2024, Audited.

Net Sales
Net sales decreased 10% because of the combination of 6% less shipments of finished steel products and a 4% lower average sales price compared to the same period of 2024, the sales decreased from Ps. 33,658 million in the twelve-month period ended December 31, 2024 to Ps. 30,291 million in the same period of 2025. Shipments of finished steel products decreased to 1 million 933 thousand tons in the twelve-month period ended December 31, 2025 compared to 2 million 56 thousand tons in the same period of 2024. Total sales outside of Mexico on the twelve-month period ended December 31, 2025 decreased 14% to Ps. 13,234 million compared with Ps. 15,388 million in the same period of 2024. Total sales in Mexico decreased 7% from Ps. 18,270 million in the twelve-month period ended December 31, 2024 to Ps. 17,057 million in the same period of 2025.

Cost of Sales
Cost of sales decreased 13% from Ps. 26,033 million in the twelve-month period ended December 31, 2024 to Ps. 22,657 million in the same period of 2025. Cost of sales as a percentage of net sales represented 75% and 77%, respectively, for the periods 2025 and 2024. The average cost of finished steel produced in the twelve-month period ended December 31, 2025 compared to the same period of 2024 decreased 7% mainly due to lower scrap cost.

Gross Profit
Gross profit of the Company in the twelve-month period ended December 31, 2025 was of Ps. 7,634 million compared to Ps. 7,625 million in the same period of 2024. Gross profit as a percentage of net sales represented 25% and 23% respectively, for the periods 2025 and 2024.

Selling, General and Administrative Expenses
Selling, general and administrative expenses increased 8% from Ps. 2,603 million in the twelve-month period ended December 31, 2024 to Ps. 2,800 million in the same period of 2025. Selling, general and administrative expenses as a percentage of net sales represented 8% during the twelve-month period ended December 31, 2024 and 9% in the same period of 2025.

Other Expenses (Income) net
The company recorded other net income of Ps. 279 million in the twelve-month period ended December 31, 2024 compared to other net income of Ps. 531 million in the same period of 2025.

Operating Profit
Operating income increased 1% from Ps. 5,301 million for the twelve-month period ended December 31, 2024 to Ps. 5,365 million in the same period of 2025. Operating profit as a percentage of net sales represented 18% and 16% for the 2025 and 2024 periods respectively.

EBITDA
The EBITDA of the Company increased 1% from Ps. 6,367 million in the twelve-month prior ended December 31, of 2024, (result of net income of Ps. 10,488, less minority stake of Ps. 7 million, plus income taxes of Ps. 2,060 million, less comprehensive financial income of Ps. 7,240 million, plus depreciation of Ps. 1,066 million), to an EBITDA of Ps. 6,446 million in the same period of 2025 (result of net income of Ps. 1,533 less minority stake of Ps. 1 million, plus income taxes of Ps. 1,339 million, plus comprehensive financial cost of Ps. 2,494 million, plus depreciation of 1,081 million).

Consolidated 

Million  

Twelve-month period ended December 31,

2025

2024

Net income (loss) controlling interest

1,533

10,488

Loss attributable to noncontrolling interests

(1)

(7)

Net income (loss)

1,532

10,481

Depreciation and amortization

1,081

1,066

Income taxes

1,339

2,060

Financial results (income) loss

2,494

(7,240)

EBITDA

6,446

6,367

Comprehensive Financial Income (Cost)
Comprehensive financial cost in the twelve-month period ended December 31, 2025 represented a net expense of Ps. 2,494 million compared with a net income of Ps. 7,240 million in the same period of 2024. The net interest was an income of Ps. 1,059 million in 2025 compared with a net interest income of Ps. 1,616 million in the twelve-month period ended December 31, 2024. We registered a net exchange loss of Ps. 3,602 million in the twelve-month period ended December 31, 2025 compared with an exchange net profit of Ps. 5,556 million in the same period of 2024, net other financial income was recorded for Ps. 49 million for the period 2025 compared to the Ps. 68 million of other financial income for the period 2024.

Income Taxes
The Company recorded an expense net tax of Ps. 1,339 million in the twelve-month period ended December 31, 2025 (including the income of deferred tax of Ps. 50 million) compared with a net expense tax of Ps. 2,060 million in the same period of 2024 (including the income of deferred tax of Ps. 293 million).

Net Income (loss)
As a result of the foregoing, net income decreased by 85% from Ps. 10,488 million in the twelve-month period ended December 31, 2024 to Ps. 1,533 million in the same period of 2025. mainly because the net exchange profit of Ps. 5,556 million recorded in the twelve-month period ended December 31, 2024 became a net exchange loss of Ps. 3,602 million in the twelve-month period ended December 31, 2025.

Liquidity and Capital Resources
As of December 31, 2025, Simec's total consolidated debt consisted of U.S. $302,000 of 8 7/8% medium-term notes ("MTN's") due 1998, Ps. 5.4 million (accrued interest on December 31, 2025 was U.S. $870,134 or Ps. 15.6 million).  As of December 31, 2024, Simec's total consolidated debt consisted of U.S. $302,000 of 8 7/8% medium-term notes ("MTN's") due 1998, Ps. 6.2 million (accrued interest on December 31, 2024 was U.S. $841,577, or Ps. 17.3 million).

Comparative fourth quarter 2025 vs third quarter 2025

Net Sales           
Net sales increased from Ps. 7,485 million in the third quarter of 2025 to Ps. 7,972 million for the fourth quarter of 2025. Sales in tons increased 7% from 499 thousand ton in the third quarter of 2025 to 532 thousand ton in the fourth quarter of the same year. Total sales outside of Mexico for the fourth quarter of 2025 increased 10% from Ps. 3,178 million in the third quarter to Ps. 3,484 million in the four quarter of 2025. Sales in Mexico increased 4% to Ps. 4,488 million in the fourth quarter of 2025 compared Ps. 4,307 million in the third quarter of 2025. Prices of finished products sold in the fourth quarter of 2025 remained equal compared with the third quarter of the same period.

Cost of Sales
Cost of sales increased to Ps. 5,764 million in the fourth quarter of 2025 compared to Ps. 5,726 million for the third quarter of 2025. With respect to sales, in the fourth quarter of 2025, the cost of sales represented 72%, compared to 77% in the third quarter of the same period. The average cost of sales by ton decreases of 6% in the fourth quarter of 2025 versus the third quarter of 2025.

Gross Profit
Gross profit of the Company for the fourth quarter of 2025 increased 26% to Ps. 2,208 million compared to Ps. 1,759 million in the third quarter of 2025. The gross profit as a percentage of net sales for the third and fourth quarter of 2025 was of 23% and 28% respectively.

Selling, General and Administrative Expenses
Selling, general and administrative expenses increased 5% to Ps. 764 million in the fourth quarter of 2025 compared to Ps. 728 million for the third quarter of 2025. Selling, general and administrative expenses as a percentage of net sales represented 10% for both periods of 2025.

Other Expenses (Income) net
The company recorded other net income of Ps. 138 million in the fourth quarter of 2025 compared to other net income of Ps. 128 million for the third quarter of 2025.

Operating Profit
Operating income was of Ps. 1,582 million in the fourth quarter of 2025 compared to an operating profit of Ps. 1,159 million in the third quarter of 2025. The operating profit as a percentage of net sales represented 20% y 15% for the fourth quarter and third quarter of 2025 respectively.

EBITDA
The EBITDA was Ps. 1,428 million in the third quarter of 2025 (result of net income of Ps. 459 million, less minority stake of Ps. 1 million, plus income taxes of Ps. 317 million, plus comprehensive financial cost of Ps. 384 million, plus depreciation of Ps. 269 million), compared to an EBITDA of Ps. 1,853 million for the fourth quarter of 2025, (result of net income of Ps. 770 million, plus minority stake of Ps. 1 million, plus income taxes of Ps. 546 million, plus comprehensive financial cost of Ps. 265 million, plus depreciation of Ps. 271 million).

Consolidated 

Million

Fourth quarter 2025 vs Third quarter 2025

4Q 2025

3Q 2025

Net income (loss) controlling interest

770

459

Loss attributable to noncontrolling interests

1

(1)

Net income (loss)

771

458

Depreciation and

Amortization

271

269

Income taxes

546

317

Financial results (income) loss

265

384

EBITDA

1,853

1,428

Comprehensive Financial Income (Cost)
Comprehensive financial cost for the fourth quarter for 2025 was a net expense of Ps. 265 million compared with a net expense of Ps. 384 million for the third quarter of 2025. The net interest income for the fourth quarter was Ps. 238 million compared with a net interest income of Ps. 334 million in the third quarter of 2025. At the same time we registered an exchange net loss of Ps. 718 million in the third quarter of 2025 compared with an exchange net loss of Ps. 552 million in the fourth quarter of 2025. Net other financial income was recorded for Ps. 49 million in the fourth quarter of 2025.

Income Taxes
Income Taxes for the third quarter of 2025 was a net expense of Ps. 317 million (including an income of deferred tax for Ps. 22 million) compared to an expense of Ps. 546 million for the fourth quarter of 2025, (including the income of deferred tax of Ps. 121 million).

Net Income (loss)
As a result of the foregoing, the Company recorded a net income of Ps. 770 million in the fourth quarter of 2025 compared to Ps. 459 million of net income in the third quarter of 2025.

Comparative fourth quarter 2025 vs fourth quarter 2024

Net Sales
Net sales decreased 10% from Ps. 8,830 million for the fourth quarter of 2024 to Ps. 7,972 million for the fourth quarter of 2025. Sales in tons of finished steel in the fourth quarter of 2024 were 520 thousand tons versus to 532 thousand tons in the fourth quarter of 2025. Total sales outside of Mexico decreased 21% from Ps. 4,410 million for the fourth quarter of 2024 to Ps. 3,484 million in the fourth quarter of 2025. Sales in Mexico increased 2% from Ps. 4,420 million in the fourth quarter of 2024 to Ps. 4,488 million in the fourth quarter of 2025. The average sales prices of finished products sold in the fourth quarter of 2025 decreased 12%, compared to the same period of 2024, due to the mix of products shipped.

Cost of Sales
Cost of sales decreased 22% from Ps. 7,408 million in the fourth quarter of 2024 to Ps. 5,764 million for the fourth quarter of 2025. With respect to sales, the cost of sales represented 72% during the fourth quarter of 2025 and 84% during the fourth quarter of 2024. The average cost of steel products decreased 24% in the fourth quarter of 2025 versus the fourth quarter of 2024.

Gross Profit
Gross profit for the fourth quarter of 2025 increased 55% from Ps. 1,422 million in the fourth quarter of 2024 to Ps. 2,208 million in the fourth quarter of 2025. The gross profit as a percentage of net sales represented 16% in the fourth quarter of 2024 compared to 28% in the fourth quarter of 2025.

Selling, General and Administrative Expenses
Selling, general and administrative expenses decreased 1% from Ps. 768 million in the fourth quarter of 2024 to Ps. 764 million in the fourth quarter of 2025. Selling, general and administrative expenses as a percentage of net sales for the fourth quarter of 2024 was of 9% compared to 10% in the fourth quarter 2025.

Other Expenses (Income) net
The company recorded other income net of Ps. 207 million in the fourth quarter of 2024 compared with other income net of Ps. 138 million in the fourth quarter of 2025.

Operating Profit
Operating income was of Ps. 1,582 million in the fourth quarter of 2025 compared to an operating profit of Ps. 861 million in the fourth quarter of 2024. The operating profit as a percentage of net sales in the fourth quarter of 2025 was 20%, compared to 10% in the fourth quarter of 2024.

EBITDA
The EBITDA was Ps. 1,178 million in the fourth quarter of 2024 (result of net income of Ps. 1,901 million, less minority stake of Ps. 5 million, plus income taxes of Ps. 1,298 million, less comprehensive financial income of Ps. 2,333 million, plus depreciation of Ps. 317 million), compared to an EBITDA of Ps 1,853 million in the fourth quarter of 2025 (result of net income of Ps. 770 million, plus minority stake of Ps. 1 million, plus income taxes of Ps. 546 million, plus comprehensive financial cost of Ps. 265 million, plus depreciation of Ps. 271 million).

   Consolidated 

Million  

Fourth quarter 2025 vs Fourth quarter 2024

4Q 2025

4Q 2024

Net income (loss) controlling interest

770

1,901

Loss attributable to noncontrolling interests

1

(5)

Net income (loss)

771

1,896

Depreciation and

Amortization

271

317

Income taxes

546

1,298

Financial results (income) loss

265

(2,333)

EBITDA

1,853

1,178

Comprehensive Financial Income (Cost)
Comprehensive financial cost for the fourth quarter of 2025 was a net expense of Ps. 265 million compared with a net income of Ps 2,333 million in the fourth quarter of 2024. Net interest income was of Ps. 238 million in the fourth quarter of 2025 compared with a net interest income of Ps. 550 million in the fourth quarter of 2024. At the same time, we registered a net exchange loss of Ps. 552 million in the fourth quarter of 2025 compared with an exchange profit of Ps. 1,757 million in the fourth quarter of 2024. Net other financial income was recorded for Ps. 49 million in the fourth quarter of 2025, compared to the Ps. 26 million for the same period of 2024.

Income Taxes
The Company recorded a net taxes expense for the fourth quarter of 2025 of Ps. 546 million (including an income of deferred tax of Ps. 121 million), compared to a net tax expense of Ps. 1,298 million for the fourth quarter of 2024, (including a tax deferred income of Ps. 205 million).

Net Income (loss)
As a result of the foregoing, the Company recorded a net profit of Ps. 770 million in the fourth quarter of 2025 compared to Ps. 1,901 million of net profit in the fourth quarter of 2024. Mainly explained because the net exchange profit of Ps. 1,757 million recorded in the fourth quarter of 2024 became a net exchange loss of Ps. 552 million in the fourth quarter of 2025.

    Twelve-Month

(million of pesos)

Jan - Dec '25

Jan - Dec '24

Year 25 vs
 '24

Sales

30,291

33,658

(10 %)

Cost of Sales

22,657

26,033

(13 %)

Gross Profit

7,634

7,625

0 %

Selling, General and Administrative Expense

2,800

2,603

8 %

Other Income (Expenses), net

531

279

90 %

Operating Profit

5,365

5,301

1 %

EBITDA

6,446

6,367

1 %

Net income Controlling interest

1,533

10,488

(85 %)

Sales Outside Mexico

13,234

15,388

(14 %)

Sales in Mexico

17,057

18,270

(7 %)

Total Sales (Tons Thousands)

1,933

2,056

(6 %)

Cost per ton (Pesos)

11,721

12,662

(7 %)

Quarter

(million of pesos)

4Q'25

3Q '25

4Q '24

4Q´25vs
3Q´25

4Q´25 vs
4Q '24

Sales

7,972

7,485

8,830

7 %

(10 %)

Cost of Sales

5,764

5,726

7,408

1 %

(22 %)

Gross Profit

2,208

1,759

1,422

26 %

55 %

Selling, General and Adm. Expenses

764

728

768

5 %

(1 %)

Other Income (Expenses), net

138

128

207

8 %

(33 %)

Operating Profit

1,582

1,159

861

36 %

84 %

EBITDA

1,853

1,428

1,178

30 %

57 %

Net Income Controlling interest

770

459

1,901

68 %

(59 %)

Sales Outside Mexico

3,484

3,178

4,410

10 %

(21 %)

Sales in Mexico

4,488

4,307

4,420

4 %

2 %

Total Sales (Tons Thousands)

532

499

520

7 %

2 %

Cost per Ton (pesos)

10,835

11,475

14,246

(6 %)

(24 %)

Product

Thousands of Tons

Jan-Dec 2025

Millions of Pesos
Jan-Dec 2025

Average Price per Ton

Jan-Dec

2025

Thousands of Tons

Jan – Dec 2024

Millions of Pesos
Jan- Dec 2024

Average Price per Ton

 Jan-Dec

2024

Special Bar Quality SBQ

500

10,041

20,082

520

10,133

19,487

Commercial Long Steel

1,433

20,250

14,131

1,536

23,525

15,316

Total

1,933

30,291

15,670

2,056

33,658

16,371

Product

Thousands of Tons

Oct-Dec 2025

Millions of Pesos Oct-Dec 2025

Average Price per Ton

Oct-Dec

2025

Thousands of Tons

Jul-Sep

2025

Millions of Pesos Jul-Sep

2025

Average Price per Ton

Jul-Sep

2025

Thousands of Tons
Oct-Dec

2024

Millions of Pesos Oct-Dec 2024

Average Price per Ton
Oct-Dec

2024

Special Bar Quality SBQ

122

2,317

18,992

118

2,392

20,271

117

2,480

21,197

Commercial Long Steel

410

5,655

13,793

381

5,093

13,367

403

6,350

15,757

Total

532

7,972

14,985

499

7,485

15,000

520

8,830

16,981

Any forward-looking information contained herein is inherently subject to various risks, uncertainties and assumptions which, if incorrect, may cause actual results to vary materially from those anticipated, expected or estimated. The company assumes no obligation to update any forward-looking information contained herein.

PRESS RELEASE

Contact: José Luis Tinajero

 Mario Moreno Cortez

 Grupo Simec, S.A.B. de C.V.

 Calzada Lázaro Cárdenas 601

 44440 Guadalajara, Jalisco, México

52 55 1165 1025

52 33 3770 6734

SOURCE Grupo Simec, S.A.B. de C.V.

70,000 active cards and 300,000 accounts move from Scroll to Optimism under OP Enterprise partnership.

Ether.fi is migrating its non-custodial card and digital cash account product, ether.fi Cash, to OP Mainnet, shifting roughly 70,000 active cards and 300,000 user accounts onto Optimism infrastructure over the coming months.

The move transitions millions in user total value locked from Scroll to OP Mainnet under a long-term OP Enterprise partnership. Optimism positions the migration as part of a broader push to establish OP Mainnet as a leading hub for payments and consumer crypto activity.

Ether.fi Cash allows users to move from fiat to crypto, earn yield through DeFi strategies, spend globally via a Visa-accepted card, and manage assets in a non-custodial wallet.

The product processes roughly 2,000 internal swaps and 28,000 spend transactions per day. According to a Dune Analytics dashboard ggregating crypto card data, ether.fi accounts for over a quarter of total spending volume across crypto cards.

An Optimism spokesperson said ether.fi brings one of the fastest-growing crypto payment products to OP Mainnet, adding that the app processes $2 million in real-world payment volume daily while abstracting away DeFi complexity for end users.

“Our thesis is that companies building products like ether.fi need a powerful, secure, scalable tech stack, and that’s the OP Stack,” the spokesperson said.

Optimism said the OP Stack handled 3.6 billion transactions in the second half of 2025, accounting for about 13 percent of total crypto activity. The company argues this footprint provides sufficient depth and infrastructure for large-scale payment products.

Optimism said it has experience managing large ecosystem migrations, including Celo, Lisk, and Ronin, and that users should expect a seamless transition. As an OP Enterprise customer, ether.fi will receive enterprise-grade support, access to shared liquidity, and priority integration with future upgrades.

Ether.fi’s broader protocol currently secures roughly $5.7 billion in total value locked, according to DefiLlama data. The migration marks a strategic shift toward positioning OP Mainnet as a liquidity and settlement hub for consumer-focused DeFi applications within the Superchain ecosystem.

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Robert Kiyosaki, the author of Rich Dad Poor Dad, has warned of another crash that could also affect Bitcoin and Ethereum. He further revealed that he will be accumulating these crypto assets as they will ultimately provide a safe haven during the crash. 

Kiyosaki Puts Spotlight On Bitcoin and Ethereum, Amid Warning Of A Crash  In an X post, the finance author revealed that he has been accumulating gold, silver, Bitcoin, and Ethereum as he prepares for an imminent stock market crash. He reiterated that this crash will be the biggest in history. He further suggested that those holding BTC, ETH, and precious metals will realize significant gains when this crash occurs. 

Related Reading: Bitcoin Ready To Bounce Again? The Major Accumulation Trend You Should Be Aware Of

Kiyosaki also mentioned that he is bullish on BTC and is buying more as the price declines amid the current crypto market downtrend. He noted that Bitcoin’s capped supply gives it an edge, as there will only ever be 21 million BTC, and most of this supply is already in circulation. This limited supply could lead to significant price appreciation as demand potentially outweighs supply during a potential stock market crash, as the author predicts. 

Kiyosaki revealed that he will be buying more BTC as people panic and sell into the coming crash. He added that market crashes are priceless assets going on sale, suggesting that investors should be looking to buy Bitcoin and Ethereum as their prices decline during this bear market. 

It is worth noting that Kiyosaki had previously predicted that Bitcoin could reach $1 million by 2030. He suggested at the time that the leading crypto could reach this target amid a potential economic collapse. The finance author has also mentioned several times how the government continues to print more money, which makes those holding fiat poorer. 

Bitcoin Over Gold In another X post, Kiyosaki said that he would pick Bitcoin over gold if he had to choose only one asset. He noted that gold is infinite and that when the price rises, gold miners will dig more, thereby increasing its supply. On the other hand, the author noted that Bitcoin’s supply is capped at 21 million, meaning that miners cannot increase the supply once they reach this limit. 

He added that this means that the Bitcoin price should only continue to go up as demand outpaces supply. Like BTC, Ethereum could also see a supply squeeze as most of the altcoin’s supply continues to be staked. On-chain analytics firm Santiment revealed that Ethereum’s proof-of-stake contract address now holds over half of ETH’s supply for the first time in the coin’s history. 

At the time of writing, the BTC price is trading at around $66,800, down in the last 24 hours, according to data from CoinMarketCap.

BTC trading at $67,114 on the 1D chart | Source: BTCUSDT on Tradingview.com Featured image from Pixabay, chart from Tradingview.com

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Scott Matherson is a leading crypto writer at Bitcoinist, who possesses a sharp analytical mind and a deep understanding of the digital currency landscape. Scott has earned a reputation for delivering thought-provoking and well-researched articles that resonate with both newcomers and seasoned crypto enthusiasts. Outside of his writing, Scott is passionate about promoting crypto literacy and often works to educate the public on the potential of blockchain.

Journalist

Posted: February 20, 2026

It’s becoming increasingly difficult for investors to ignore the long-term risks of Artificial Intelligence (AI), especially as it integrates more deeply across sectors. Consequently, effective risk management is essential.

You can really see it in tech stocks, hitting new highs and pulling in big capital as investors bet on AI as the next big thing. The result? Tech stocks and the crypto market are moving in completely different directions.

On the charts, Bitcoin [BTC] is down 24%, while Nvidia [NVDA] keeps extending its gains from a 39% jump in 2025. Back then, BTC closed the year down 6.3%, showing just how much tech stocks rode the AI wave.

Source: TradingView (NVDA/USD)

Still, the fear of AI disruption has been hard to ignore. 

According to the Kobeissi Letter, mentions of “AI disruption” during Q4 2025 earnings calls hit 126, 2x the previous quarter and 3x the level seen a year ago, highlighting just how volatile the market outlook has become.

Building on this, Arthur Hayes, the co-founder of BitMEX, has called the AI narrative the true catalyst for Bitcoin and the broader crypto market, predicting digital assets could reach all-time highs in the near future. The big question: Is an AI-driven rotation the next major trend?

As AI shakes markets, Bitcoin could stand out as a hedge Arthur Hayes’s thesis is grounded in the economic impact of AI. 

Analysts identify the credit markets as the area of greatest risk. As AI automates jobs and boosts productivity, it could trigger deflation, potentially forcing banks to print more money to stabilize the economy.

In this context, analysts see the growing divergence between Bitcoin and tech stocks as an early signal of AI-driven “financial risk.” The idea is simple: the more capital investors park in tech, the higher the potential risk of an economic slowdown.

Source: Bofa Global Research

That’s why tracking this divergence has become a key metric for investors.

Meanwhile, as the chart above shows, confidence in the U.S. dollar has been hitting extreme bearish levels since “Liberation Day” in April last year. In turn, pushing it to multi-month lows and testing its overall strength.

Looking ahead, this fading confidence could intensify as the AI disruption narrative takes center stage. In this context, financial risk becomes a key theme, positioning Bitcoin as a long-term hedge while investors rotate out of an oversaturated AI market and into risk assets.

Final Summary Growing divergence between Bitcoin and tech stocks signals a potential economic slowdown, making this divergence a key metric for investors. Falling confidence in the U.S. dollar and oversaturated AI markets could position Bitcoin as a long-term safe haven for rotating capital.

TL;DR:

Google search volume plummeted from 100% to zero in less than an hour, reflecting extreme volatility in public attention. The decline coincides with a 20% drop in SHIB’s value over the past month, increasing selling pressure in the market. Despite low retail curiosity, Shiba Inu’s trading volume rose by 4.47%, indicating persistent exit activity. The outlook for Shiba Inu’s Layer-2 network remains uncertain following a collapse in interest in Shibarium, according to Google Trends data. After reaching a popularity peak on February 18, search metrics dropped to zero in just 45 minutes, sparking bewilderment among investors and industry observers.

It appears the initial enthusiasm, driven by the announcement of a new restoration mechanism for affected users, evaporated quickly once the news cycle faded. Consequently, the network now faces the challenge of maintaining organic relevance beyond speculative spikes, especially in an environment where bearish sentiment dominates the general narrative.

Pressure on SHIB Price and Disconnection from On-chain Activity While the public no longer shows interest, the financial performance of the native token, SHIB, adds an extra layer of concern, recording losses of 3.8% in the last 24 hours. However, the most relevant factor is the sustained 20.1% decline over the past 30 days, demonstrating that the lack of traction on the scaling network is directly impacting long-term holder confidence.

Additionally, this situation mirrors previous patterns from January, where the Total Value Locked (TVL) decreased significantly despite prior market recovery attempts. Therefore, analysts suggest a recurring disconnect between price action and actual network usage, making it difficult for Shibarium to consolidate as a Layer-2 solution independent of momentary “hype.”

In summary, the ecosystem is at a critical point where it must demonstrate real utility to stem capital flight and regain retail interest. In the coming days, it will be essential to monitor whether price support levels stabilize or if the absence of searches foreshadows a major capitulation in network activity.

Robinhood’s (NASDAQ: HOOD) new blockchain initiative is gaining early traction, with its testnet recording four million transactions within the first week of going live. CEO Vlad Tenev shared the milestone on X, highlighting strong developer activity on the Robinhood Chain, a layer-2 (L2) network focused on tokenization, real-world assets (RWAs), and on-chain financial services.

The Robinhood Chain testnet serves as a risk-free environment where developers can experiment, deploy smart contracts, and test features before the mainnet launch. Similar to a flight simulator before a commercial flight, a testnet allows teams to identify bugs and optimize performance without exposing real assets to risk. According to Tenev, developers are already actively building decentralized applications designed for tokenized markets and blockchain-based financial products.

The launch comes at a pivotal moment for the broader Ethereum ecosystem. Ethereum co-founder Vitalik Buterin recently suggested that the long-standing rollup-centric scaling roadmap may no longer be the best path forward. He noted that many L2 rollups have yet to achieve meaningful decentralization, while Ethereum’s base layer scalability has improved faster than expected. This shift has sparked debate within the crypto community about the future of Ethereum scaling and decentralization heading into 2026.

Meanwhile, centralized exchanges like Robinhood appear to be taking a different approach by developing proprietary blockchain infrastructure. By owning more of the technology stack, trading platforms can potentially enhance user retention, create new revenue streams, and gain greater control over tokenized asset markets.

The rapid growth of the Robinhood Chain testnet underscores increasing competition in blockchain infrastructure. As Ethereum reassesses its scaling strategy, major fintech and crypto platforms are accelerating efforts to build customized layer-2 solutions that integrate tokenization, trading, and on-chain finance into a single ecosystem.

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Neel Kashkari, president of the Federal Reserve Bank of Minneapolis, delivered sharp criticism of cryptocurrencies during the 2026 Midwest Economic Outlook Summit in Fargo, North Dakota, arguing that digital assets like bitcoin and stablecoins have yet to demonstrate meaningful real-world utility.

Speaking to attendees, Kashkari contrasted the rapid adoption of artificial intelligence (AI) tools with what he described as the limited practical use of crypto. He asked the audience how many had used AI platforms such as ChatGPT or Gemini in the past week, highlighting AI’s growing role in everyday productivity and its long-term potential for the U.S. economy. He then followed up by asking how many had recently used bitcoin to buy or sell goods, suggesting that cryptocurrency adoption for daily transactions remains minimal.

“Crypto has been around for more than a decade, and it’s utterly useless,” Kashkari said, emphasizing his skepticism toward the broader digital asset market.

The discussion expanded to stablecoins, particularly U.S. dollar-backed stablecoins often promoted for faster and cheaper cross-border payments. Kashkari questioned whether stablecoins offer any meaningful advantages over existing digital payment platforms like Venmo. He described much of the industry terminology as “buzzword salad,” arguing that current financial infrastructure already meets the needs of most American consumers.

While acknowledging that stablecoin adoption is increasing in some emerging markets, Kashkari maintained that technical and practical challenges remain. He pointed out that even if transfers are instant, recipients typically must convert stablecoins into local currency to pay for everyday expenses, which can involve additional costs.

Kashkari’s remarks stand in contrast to the Trump administration’s pro-crypto stance. Treasury Secretary Scott Bessent has argued that regulated stablecoins could strengthen the U.S. dollar’s dominance in global payments. President Trump also signed an executive order in March establishing a strategic bitcoin reserve, underscoring growing political support for digital assets despite ongoing skepticism from some Federal Reserve officials.

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UAE-linked mining operations hold $453.6 million in bitcoin with $344 million in unrealized profit. The Royal Group retains most of its mined BTC and has not moved funds in four months. Sovereign bitcoin strategies differ, with Bhutan selling and the US holding seized assets. The United Arab Emirates has accumulated approximately $344 million in unrealized bitcoin profit, excluding energy costs, according to new data from Arkham Intelligence. The holdings stem from mining operations linked to Abu Dhabi’s Royal Group.

Arkham reported that UAE-linked wallets currently hold $453.6 million worth of bitcoin. The mining activities have been producing a consistent amount of 4.2 BTC per day for the past week. According to on-chain data, the last recorded fund outflow was four months ago, indicating a long-term holding pattern.

Royal-Linked Mining Expansion The UAE’s bitcoin mining initiative started in 2022 with Citadel Mining’s development of massive infrastructure on Al Reem Island. The initiative is closely linked to the royal family of Abu Dhabi and represents the group’s entry into industrial-scale crypto mining.

In 2023, Marathon Digital Holdings collaborated with Zero Two, a company based in Abu Dhabi, to develop 250 megawatts of immersion-cooled mining infrastructure in the UAE. This deployment was one of the largest industrial-scale cryptomining initiatives in the region.

Arkham’s initial estimate in August 2025 indicated that the UAE had mined approximately 9,300 BTC. At this point, bitcoin prices were higher, and the assets were valued at almost $700 million. The current update reflects changes in these values based on market price actions and improved wallet identification.

The data now shows that the UAE Royal Group holds about 6,782 BTC, which equals roughly 0.03% of bitcoin’s total supply. The Gulf state continues to retain most of its self-mined assets rather than liquidating into the market.

Bhutan Takes a Different Path The UAE is not the only sovereign mining bitcoin. Bhutan’s Royal Government began mining in 2019 through Druk Holding & Investments, leveraging hydroelectric power.

At its peak, Bhutan accumulated over 13,000 BTC. However, the country has shifted strategy. Since early 2026, Bhutan has sold bitcoin for three consecutive weeks, totaling approximately $29 million. Over the past five months, it has liquidated more than $100 million worth of BTC and reduced its holdings by over half. Arkham now values Bhutan’s remaining 5,600 BTC at around $375 million.

You can monitor real-time sovereign wallet activity through Arkham Intelligence and track Bitcoin’s circulating supply data on CoinMarketCap.

The US and UK Lead in Holdings In contrast to the UAE and Bhutan, the US and UK have accumulated their bitcoin holdings largely through seizures of seized assets. Arkham lists the US government as the biggest sovereign bitcoin holder with 328,000 BTC worth approximately $22 billion. These were seized from cases involving the Bitfinex hack, Silk Road, and other enforcement activities.

The UK government holds approximately 61,000 BTC worth around $4 billion. Law enforcement gained access to these funds after a 2018 seizure linked to a money laundering case.

Ukraine has also received over $22 million in bitcoin donations since the Russian-Ukrainian conflict began. Germany previously seized 50,000 BTC in 2024 and later sold the entire position.

Sovereign bitcoin policies have become increasingly diverse. Some sovereigns mine and hold. Others seize and sell. The UAE’s policy represents a commitment to the value of bitcoin, while the Bhutanese sales represent a shift in portfolio. As the world becomes increasingly adopted, sovereign policies will continue to influence the market.

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U.S.-based spot Bitcoin and Ethereum ETFs together saw $175.1 million in outflows, led by BlackRock and Fidelity funds in both. Spot Solana ETFs recorded $2.40 million in inflows, while XRP ETFs posted $2.21 million in outflows. U.S.listed spot Exchange-Traded Funds (ETFs) posted a combined net outflow of $175.1 million from Bitcoin and Ethereum ETFs, which is led by BlackRock funds in both the crypto ETFs. When it comes to other major altcoin ETFs, the XRP ETFs saw withdrawals, while the Solana ETF saw net inflows of $2.40 million. 

According to SoSoValue data, spot Bitcoin ETFs recorded a total net outflow of $133.27 million, led by BlackRock’s iShares Bitcoin Trust (IBIT), which posted $84.19 million in outflows, yet still holding $50.229 billion in assets, followed by Fidelity Wise Origin Bitcoin Fund (FBTC) with $49.07 million in outflows, and other funds remained largely unchanged on February 18. 

As it continues its second-day of $104.87 million in outflows, lastly, Bitcoin ETFs saw positive flows on February 13, around $15.20 million. With that, the weekly total net outflow stands at $238.14 million. 

Meanwhile, the U.S.-based Ethereum ETFs saw $41.83 million in outflows, led by BlackRock’s iShares Ethereum Trust (ETHA) with $29.93 million in outflows, still holding $6.23 billion in net assets. Then, followed by the Fidelity fund with $8.23 million in outflows, and the Invesco Galaxy Ethereum ETF(QETH) has recorded $3.67 million in outflows, as per the data. 

As Ethereum ETFs breaks its two day streak of positive flows and posted a negative outflow on February 18, while the weekly total net inflow stands at $6.80 millions, which is putting this week’s gains at risk of being wiped out.

XRP ETFs and Solana ETFs Show Mixed Flows Even U.S. spot XRP ETFs posted an outflow of $2.21 million, led by the one and only Grayscale XRP Trust ETF(GXRP), and no other funds showed movement. Whereas, U.S.based spot Solana ETFs recorded a $2.40 million in inflows, which is led by Bitwise Solana Staking ETF(BSOL) with $1.51 million, Fidelity with Invesco showed lesser inflows, while other funds reported no net flows.

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