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Financial Results

All articles tagged with #financial results

business12 days ago

Virgin Galactic charts a cautious 2025 with liquidity positioned for 2026 push

Virgin Galactic reported Q4 2025 revenue of about $0.31 million and full-year 2025 revenue of roughly $1.54 million, with a Q4 net loss of $62.7 million and a 2025 net loss of $278.9 million. Cash and marketable securities totaled $338 million at year-end; Adjusted EBITDA was −$48.6 million in Q4 and −$225.8 million for 2025. Free cash flow was −$94.6 million in Q4 and −$438.2 million for 2025, aided by $122 million in gross proceeds from stock offerings. The company also completed a capital realignment to align debt maturities and reduce obligations by $142 million, and guided 2026 free cash flow to be negative in Q1 (−$90 to −$95 million) with sequential improvement through the year. On the operational side, the first SpaceShip is nearing completion with ground testing in April 2026, SpaceShip 2 production is planned to begin later in 2026, rocket motor production at the Phoenix plant starts in Q4 2026, and Virgin Galactic targets late-2026 for the start of commercial spaceline flights followed by a ramp in 2027.

Stellantis’s EV gamble backfires, prompting a pivot back to combustion
business1 month ago

Stellantis’s EV gamble backfires, prompting a pivot back to combustion

Stellantis says its forecast for rapid EV adoption was wrong, posting a 2025 net loss of $22.3 billion after $25.4 billion in unusual charges tied to its electric transition, canceling several EV programs and admitting weak U.S. EV sales; the company will reallocate more toward internal-combustion and hybrid models while continuing plug-ins, with Ram and Jeep key to return to profitability, and expects 2026 to bring improved execution and growth.

IonQ posts record 2025 revenue, advances SkyWater deal and 2026 outlook
business1 month ago

IonQ posts record 2025 revenue, advances SkyWater deal and 2026 outlook

IonQ reported Q4 2025 revenue of $61.9 million and full-year 2025 revenue of $130.0 million, beating guidance with 202% year‑over‑year growth; Q4 net income was $753.7 million driven by a gain on warrant liabilities, while full-year GAAP net loss was $510.4 million. The company highlighted strong commercial traction (over 60% of 2025 revenue from commercial customers, international >30%), and ended 2025 with $3.3 billion in cash, cash equivalents and investments. IonQ also announced an agreement to acquire SkyWater Technology to become a leading US quantum merchant supplier and issued 2026 guidance of $225–$245 million in revenue with an Adjusted EBITDA loss of $310–$330 million, underscoring continued expansion of its full‑stack quantum platform across computing, networking, sensing and security.

Switch 2 fuels Nintendo's 99% jump in nine-month net sales
business2 months ago

Switch 2 fuels Nintendo's 99% jump in nine-month net sales

Nintendo reports a 99.3% year‑over‑year rise in net sales to about ¥1.9 trillion ($12.3B) for the first nine months of fiscal year 2025/26, with operating profit up 21.3% and net profit up 51.3%, buoyed by Switch 2 hardware that has sold 17.37 million units (7.01 million in Q3). Switch 2 software sales total 37.93 million, while the broader Switch family has sold 155.37 million units to date; 58.7% of Q3 game sales were physical, and top titles include Mario Kart World (14 million) and Donkey Kong Bananza (4.25 million).

On Holding Boosts Outlook Amid Strong Q3 and Holiday Sales

On reported a record-breaking third quarter in 2025 with a 24.9% increase in net sales to CHF 794.4 million, driven by strong demand across channels and regions, especially in apparel and Asia-Pacific. The company achieved a gross profit margin of 65.7% and an adjusted EBITDA margin of 22.6%, raising its full-year guidance with expected net sales of CHF 2.98 billion and continued profitability growth. Strategic investments, athlete achievements, and collaborations bolster its global premium brand position.

business5 months ago

Lucid Reports Narrowed Q3 Losses Amid Production Challenges and Revenue Growth

Lucid Motors reported strong Q3 2025 financial results with a 68% increase in revenue to $336.6 million, vehicle production up 116%, and a strategic partnership with NVIDIA to develop Level 4 autonomous driving technology. The company also increased its liquidity to approximately $5.5 billion following a credit facility expansion, and made organizational changes to accelerate growth and global expansion.