Earnings results, read from the press releases

• Neuroscience portfolio growth led by Botox Therapeutic, Vraylar, Qulipta and Vyalev

• Lower Humira net revenues
• Acquired IPR&D and milestones expense reduced EPS by $0.11

• Record After-Sales gross profit and Customer Pay growth of 6%
• AutoNation Finance profit growth, with portfolio up more than 40% year over year

• Lower new vehicle gross profit and fewer new and used retail units sold
• Lower finance and insurance revenue per vehicle

• Index options average daily volume up 24 percent, supported by record 0DTE activity
• Data Vantage record quarterly net revenue, up 13 percent
• Improved net capture rates on on-exchange U.S. Equities exchanges

• $14.0 million incremental reserve on notes receivable tied to the Consolidated Audit Trail funding
• Lower Futures ADV, down 7 percent

• Organic sales growth across all three divisions, led by International
• Higher volume, productivity, tariff refunds and favorable mix raised gross margin
• Lower marketing expense as a percentage of sales

• Higher inflation and transportation costs
• Higher SG&A from acquisitions, SG&A investments and incentive compensation

• Latin America net sales growth

• North America sales and operating profit declined

• Higher occupancy and rental rates in the same-store portfolio drove revenue growth
• Same-store NOI growth supported by higher occupancy and improving rental activity

• Higher property taxes and personnel expenses increased property operating expenses
• Higher interest expense from larger average debt balance and higher interest rates

• Reliable operations with higher margins on refined product sales and higher crude oil realizations
• Higher liquids realizations and lower operating expenses in U.S. upstream
• Higher cash distributions from Tengizchevroil LLP

• Unfavorable timing effects from the rising price environment
• Lower production from lower entitlements at higher prices and Middle East conflict impacts
• Foreign currency effects decreased earnings

• 2025 Biennial Review impacts in Dominion Energy Virginia
• Rider equity return in Dominion Energy Virginia

None stated.

• Higher distribution and transmission rates at ComEd, BGE, and PHI for updated recovery of investments
• Absence of PECO customer surcharge credits and favorable weather at PECO
• Higher AFUDC at ComEd

• Higher storm costs, interest, and depreciation expense at PECO and PHI
• Higher income taxes and contracting costs at PECO

• Higher success fees and realized bill rates in Corporate Finance
• Higher demand for M&A-related second request services in Technology
• Higher demand for public affairs and corporate reputation services

• Special charge to align staffing with demand
• Higher direct costs, SG&A expenses and interest expense
• Lower demand for turnaround & restructuring and transactions services

• Higher leased occupancy across the portfolio

None stated.

• Revenue growth across all four segments
• Large orders in Marine Systems for Virginia- and Columbia-class submarines

None stated.

• Rental and lease income growth from portfolio additions and completed transactions

None stated.

• Sales in Industrial OEM channel increased high-teens
• Significant gross profit margin increase versus prior year

None stated.

• Organic sales growth driven by volume growth and favorable value realization
• Gross margin savings from productivity gains, supply chain optimization, and U.S. tariff refunds
• Cost optimization savings from restructuring and Our Vue Forward

• Inflation and unfavorable transactional foreign exchange affected margins
• Higher brand support spending

• Commercial recoveries, restructuring and IDEA by Lear savings
• Addition of new business

• Lower production on key Lear platforms
• Higher engineering and launch costs

• Higher revenue requirements from increasing rate base at IPL and WPL
• Timing of income tax expense
• Higher equity earnings from corporate venture investments

• Higher other operation and maintenance expenses, primarily labor and distribution and generation costs from planned maintenance
• Higher financing and depreciation expenses

• Intermediates and Derivatives profitability materially higher, largely driven by oxyfuels
• Higher crack spreads and favorable gasoline blend economics boosted oxyfuel margins
• Higher Channelview utilization and Bayport operating at full rates after restart

• Lower polymer and olefin prices pressured O&P Americas profitability
• Polymer prices fell in O&P Europe, Asia and International, and volumes were lower after asset sale

• Broad-based double-digit sales growth across all verticals, led by infrastructure
• New products contributed approximately 30 points to sales growth

None stated.

• Receivables growth drove higher interest income and capital generation

• Higher net charge-offs compared with the prior year quarter

• Revenue growth in both Aerospace & Defense and Industrial markets
• Tariff refunds boosted gross margin
• Lower interest expense from debt reduction

None stated.

• Higher Sanofi collaboration revenue from increased share of antibody profits, driven by Dupixent sales; Development Balance fully repaid
• Higher U.S. EYLEA HD sales from increased demand and volumes
• Higher U.S. Libtayo sales from increased demand

• Lower U.S. EYLEA sales from competitive pressures and patient transition to EYLEA HD
• Lower net gains on marketable and other securities

• Upstream earnings improved on higher prices, advantaged volume growth in Guyana, Permian, and Golden Pass LNG (year-to-date)
• Specialty Products earnings improved with higher basestock margins (sequential)

• Upstream earnings decreased on lower prices and accelerated Guyana entitlement impact (sequential)
• Chemical Products earnings decreased as margins declined (sequential)

• North America sales growth and higher income, including about $13.0 million of IEEPA tariff refunds
• Asia/Pacific/Africa higher sales and favorable product mix

• Lower sales and income in Europe/Middle East due to weaker industry demand
• Lower sales and volumes in Latin America

• Revenue growth in combined Brokerage and Risk Management segments, including organic growth of 5%
• Growth through acquisitions and roll-in of AssuredPartners

• Lower interest income revenues compared with prior-year quarter that included AssuredPartners Financing interest
• Higher integration and acquisition related costs

• Broad year-over-year sales growth in Automotive and Industrial end markets, led by data center
• Record Industrial & Other sales

None stated.

• Growth in AMVUTTRA demand, mainly in ATTR-CM in the U.S.
• Growth in patients treated with GIVLAARI
• Higher royalty revenue from Leqvio sales by Novartis

• Lower collaboration revenue after prior-year Roche milestone
• Fewer patients treated with ONPATTRO
• Higher cost of goods sold as a share of product revenue

• Favorable market impacts on valuation of derivatives and market risk benefits
• Market appreciation and higher wrap assets in Advice & Wealth Management

• Unfavorable after-tax impact from annual unlocking review
• Industry pressure on active managers and institutional outflows in Asset Management
• Higher distribution expenses tied to advisor-driven revenues

• AWS segment sales growth of 39% year over year
• Higher North America segment operating income

• Prior-year net income included pre-tax gains from Anthropic investments

• North America boiler volume growth
• Pricing actions in North America
• IEEPA tariff refunds in North America segment margin

• Lower residential water heater volumes
• Higher steel and freight input costs
• Lower China sales volumes

• Solid growth in inspection, service, and monitoring revenues and robust project revenues
• Acquisitions and pricing improvements lifted net revenues

• Project and business mix and rising material, fuel, and other expenses reduced gross profit margin
• Higher interest expense and adjusted diluted weighted average shares outstanding

• Higher pricing, volumes and favorable sales mix in AA&S

• Higher manufacturing and period costs in HPMC, including new superalloy ramp-up

• Broad-based revenue growth across all three segments
• Closures beverage and food sales growth, including bottled water and concentrates
• Royalties and productivity improvements supporting Pharma margins

• Loss on deconsolidation of Russian subsidiary
• Emergency medicine destocking reduced Pharma sales
• Unfavorable mix and North American challenges in Beauty

• Materials Group sales growth, with organic growth of mid-single digits in high-value and base categories
• Productivity in Solutions Group and Materials Group

• Negative volume/mix and higher employee-related costs in Materials Group
• Higher inflation and customer destocking impacts

• Volume growth in three of four regions, favorable foreign currency translation, acquisitions and positive price mix lifted net sales
• Reduced operating expenses and lower interest expense
• Record Mobility net sales with Commercial Vehicle growth from Class 8 production in North America

• Lower volumes in Performance Coatings, mainly Refinish in Europe
• Higher merger and acquisition-related expenses
• Higher raw material and freight costs and variable cost inflation

• Additional productivity gains and expanded capabilities for large diameter products

None stated.

• Growth driven by customers expanding usage of the platform
• Sales team added four new $1 million-plus customer wins and expansions

None stated.

• Growth across all segments and divisions, led by Medical Products & Therapies
• Strength in Infusion Therapies & Platforms, driven by Infusion Systems, Drug Compounding and IV Solutions

• Reduced sales within Injectables
• Higher effective tax rate reduced adjusted EPS year over year

• Attruby U.S. net product revenue growth
• One-time $75.0 million BEYONTTRA sales milestone from Bayer
• Higher royalty revenue from BEYONTTRA net sales in EU and Japan

• Higher SG&A expenses for Attruby commercialization and pre-commercial launch activities
• Higher R&D expenses for late-stage product candidates
• Higher noncash interest expense on deferred royalty obligations

• Propulsion sales growth from steady OEM demand and high-horsepower outboard growth
• Engine Parts and Accessories sustained boating participation and share gains
• Lapping of last year's tariff impacts and operational efficiencies

• Material and labor inflation
• Planned spending on product and technology initiatives

• Back-up care growth, with revenue up 13%

• Goodwill impairment within international full service operations
• Reductions in revenue from full service centers closed over last 12 months
• Higher effective tax rate and higher interest expense

• North America stronger processing results in soybean segment
• Softseed processing volumes increased across all regions

• Lower results in Tropical Oils and Specialty Ingredients
• Charges on sale of Brazilian sugarcane mills in Grain Merchandising
• Lower results in ocean freight, sugar and wheat milling

• Growth from acquisitions added 1.8% to net sales
• Lower variable compensation and cost saving actions reduced SG&A
• Income tax benefit reduced net income decline

• Lower housing starts environment and related headwinds reduced gross profit and margin
• Core organic net sales declined 3.9%
• Higher net interest expense

• Growth Portfolio revenue increased 12%, driven by Opdivo Qvantig, Breyanzi, Reblozyl, Camzyos and Opdualag
• Legacy Portfolio revenue growth driven by Eliquis

• Gross margin decline from product mix and a one-time contract termination charge
• Acquired IPRD charges of $1.6 billion from license agreements and collaborations
• Other expense from expiry of royalty income on diabetes products

• Continued focus on cost controls
• Lower full year effective tax rate and lower share count from repurchases

• Declining market production volumes and lower Battery Energy Systems sales

• Higher Consumer Loan assignment volume, with unit volume up 37.7% and dollar volume up 51.0%
• Higher finance charges from higher yields on more recent assignments and a larger average loan balance
• Lower interest expense from a decrease in average cost of debt

• Higher provision for credit losses on forecast changes, mainly from the third quarter forecasting methodology adjustment
• Higher provision for credit losses on new Consumer Loan assignments, driven by higher average provision per assignment

• Organic sales growth, led by Residential and Commercial in CSA
• IEEPA refunds benefit to operating profit
• Higher volume and price lifting adjusted operating margin

• Goodwill impairment charge on Climate Solutions Europe
• Increased input costs and tariffs
• Divestitures headwind to sales

• GTV growth of 15% year-over-year, with orders up 10%
• Advertising and other revenue up 23% year-over-year
• Adjusted EBITDA up 23% year-over-year to $342 million

None stated.

• Higher sales volume
• Favorable price realization
• Power & Energy segment profit increase on higher sales volume

• Unfavorable manufacturing costs in Resource Industries, including higher material costs and tariffs
• Unfavorable manufacturing costs in Construction Industries, including higher freight

• Revenue growth of 10% in the quarter
• AI-related revenue growth as customers move from experimentation to deployment at scale

None stated.

• Higher trust and investment management fees, driven by investment management and oil and gas fees
• Gains on the sale of excess bank properties
• Growth in average loan and deposit volumes

• Higher salaries and wages from merit and market increases and headcount growth
• Higher advertising and promotions expense
• Losses on sales of securities

• Prediction markets growth cushioned transaction revenue
• Stablecoin revenue rose on a new all-time high in Average USDC Held in Coinbase Products and higher interest rates

None stated.

• Later-than-expected shipment of delayed Fall 2026 wholesale orders
• Improved trends in U.S. DTC business
• Continued momentum of international business

• Lower U.S. net sales from later shipments of Fall 2026 wholesale orders
• Gross margin contraction from accommodations to factory partners

• Positive pricing momentum and disciplined commercial execution
• Contributions from acquisitions

• Loss on impairments, mainly Philippines reporting unit
• Cost inflation and subdued residential activity
• Higher effective tax rate

• Crocs Brand record third quarter revenue growth, led by international revenue growth
• HEYDUDE Brand returned to revenue growth
• Gross margin expansion, excluding adjustments

• Crocs Brand North America revenue decline
• SG&A growth outpaced revenue growth

• Financial Services revenue grew 12% year over year
• Revenue from recently completed acquisitions contributed about 210 basis points to growth
• Sale of third-party products in integrated offerings contributed about 190 basis points to growth

• Health Sciences revenue declined year over year

• Leasing activity and fee income exceeded prior forecast
• Same property cash-basis NOI growth of 7.4%
• Second generation cash-basis net rent increase of 19.8%

None stated.

• Higher home sales volume and higher average selling price per home
• Selling price increases exceeded cost pressures, lifting Gross Margin sequentially
• One-time $7 million benefit from a return of insurance premium

• Materials inflation and higher input costs
• Factory-built housing gross margin decline versus prior year

• Growth in membership programs and new products
• Growth in Marketplace GOV in U.S. restaurant category driven by mature cohort order rates and new consumers
• Acquisition of Deliveroo contributed to Total Orders and revenue growth

• Higher cost of revenue driven by increases in Total Orders
• Higher advertising and personnel-related sales and marketing expenses

None stated.

• Inventory impairment charges in the rental segment

• Record total leasing bookings and expanding backlog
• Higher rental revenues and utilities reimbursements in the quarter

• Net income reduced by lower promote income versus prior quarter

• Tactical radars, naval power and propulsion programs and space sensing programs drove revenue growth
• Rigorous program execution, favorable mix and operating leverage from higher volume drove Adjusted EBITDA growth
• Lower tax rate supported earnings growth

• Higher cash used to fund working capital lowered operating and free cash flow versus prior year

• Higher average reimbursement rates and improved payor mix raised quarterly revenue per treatment

• Goodwill and other asset impairment charge related to business in China
• Increased medical supplies expenses drove higher patient care costs per treatment

• Revenue growth of 11% year-over-year, with U.S. revenue up 14%
• Higher gross margin, with GAAP gross profit at 64.3% of revenue

None stated.

• Higher revenue from the escalation mechanism authorized in the 2025 GRC final decision
• Lower preferred stock dividends at Parent and Other

• Earnings recognized in Q3 2025 upon implementation of the 2025 GRC final decision, retroactive to Jan. 1, 2025
• Higher interest expense at Parent and Other

• Growth in remaining performance obligations from new contract awards across most sectors, led by Network and Communications

• Non-cash impairment loss on identifiable intangible assets of $34.0 million

• Improved asset utilization after inventory reduction actions in third quarter 2025, with lower planned maintenance expense
• Higher selling prices driven by higher raw material and distribution costs and tight Chemical Intermediates markets
• Improved price-cost and asset utilization in Additives & Functional Products

• Higher variable compensation expense
• Lower acetate tow contract pricing and higher raw material and distribution costs in Fibers

• Record cash flow enabling accelerated debt repayment

None stated.

• Oil prices rose, lifting revenues net of hedging derivatives over the first two quarters of 2026
• Lower interest expense following retirement of senior debt and debt reductions

• Higher depletion, depreciation and amortization from lower reserve estimates
• Higher general and administrative costs, including transaction-driven costs

• Higher management fee revenue from policy issuance and renewal services

• Higher commission costs from agent incentive compensation and growth in assumed premium

• Higher net product revenues from increased sales volume and higher average net selling price

• Lower milestone-related revenues and development cost reimbursements
• Higher personnel, marketing and legal and advisory costs in operating expenses

• Fuel surcharge revenue
• Higher weight per shipment
• Additional operating day and higher base revenue per hundredweight

• Softer volumes
• Transition Service Agreement costs from the spin-off

• Earnings growth driven by business model resilience and profitability

• Comparable store sales decline in a challenging demand environment

• Net income rose despite lower sales, with diluted EPS up year-over-year

• Lower volume of modules sold to third parties reduced net sales

• Aerospace Products revenue and Adjusted EBITDA growth
• Aerospace Products growth with margins in line with guidance

None stated.

• Higher activity in the Middle East and North America in Surface Technologies

• Lower project activity in Norway

• Airo annualized bookings run rate over $100 million, contributing to bookings growth
• Applications and Commerce revenue growth

None stated.

• Technology, Media and Telecom vertical growth from largest technology customers and new customers
• Retail growth from increased demand from specialty retailers
• AI revenue growth

None stated.

• Higher product sales, led by HIV products, Trodelvy and Livdelzi
• Expiration of a royalty-related obligation lifted product gross margin
• Lower acquired IPR&D expenses

• Net losses from equity securities versus net gains in the prior year (GAAP EPS)
• Higher operating expenses
• Lower royalty, contract and other revenues from a prior-year IP sale that did not repeat

• Higher CAP entering the quarter and acquisitions drove Construction revenue growth

• Elevated diesel costs offset by energy surcharges pressured Materials margins
• Net income reduced by non-operating charges from settling convertible note conversions

• Incentive management fees rose on Playa agreements and Asia Pacific performance

• Lower demand for travel to certain destinations in Mexico
• Hurricane-related hotel closures in Jamaica hurt Distribution segment

• Higher volumes in submarines and aircraft carriers at Newport News Shipbuilding
• Successful milestone achievement and higher Unmanned Systems volumes at Mission Technologies

• Lower performance in surface combatants at Ingalls Shipbuilding

• Same store cash NOI growth of 5.1%
• Cash leasing spreads averaging 8.6% and tenant retention of 88.0%

None stated.

• Net price realization
• Derivative mark-to-market gains, productivity program savings, tariff refunds and lower net commodity costs
• LesserEvil acquisition contribution to Salty Snacks

• Lower volume from elasticity, shipment timing and portfolio optimization
• Higher freight and logistics expenses
• Higher advertising and capability and technology investments

• Gas turbines market growth
• Higher volumes in commercial transportation and aluminum cost pass through

• Impact of higher aluminum cost pass through on Forged Wheels margin
• CAM acquisition impact on Fastening Systems margin
• Divestiture of Savannah disk forging facility reduced Engineered Structures revenue

None stated.

• Higher operating expenses including amortization and acquisition-related costs

• Higher retail revenues per MWh from increased Idaho base rates effective January 1, 2026
• Customer growth of about 2.2 percent over twelve months
• Large contract customer revenue commencing June 1, 2026

• Higher other O&M expenses, including amortized coal-to-gas conversion costs and wildfire mitigation
• Higher depreciation from increased plant-in-service

• New license agreements, including a new PC license secured through arbitration
• Higher catch-up revenue, $36.2 million versus $17.7 million a year earlier
• Growth in CE, IoT/Auto revenue

• Smartphone revenue declined year over year

• Healthy clinical demand
• Robust NovaSeq X placements
• Tariff refunds benefit recognized in cost of revenue

• Tariff refund credits to customers reduce revenue
• Other expense, net, including strategic investment losses

• Opzelura net sales growth from increased patient demand and net pricing improvements
• Jakafi net sales growth from higher paid demand
• Hematology and oncology growth from Niktimvo, Zynyz and Monjuvi/Minjuvi demand

• Operating loss driven by one-time Vega acquisition IPR&D expense
• SG&A increase from pre-launch activities

• Growth in Advanced Solutions, including GPU and AI infrastructure, and Cloud-based Solutions drove net sales growth
• Leverage on operating expenses lifted operating income

• Shift in sales mix toward lower-margin GPU and AI-infrastructure products pressured gross margin

• ARIKAYCE revenue growth, primarily from international markets

• Higher R&D expenses from TPIP manufacturing and clinical development
• Higher SG&A from BRINSUPRI commercial activities

• Data center revenue growth, the strongest in 15 years
• Demand for CPUs remains robust, especially Xeon

• PC industry slowdown and near-term headwinds

• Organic orders growth driven by long-cycle project bookings and short-to-medium cycle momentum
• Life Sciences strength in P&ST segment

• Continued inflationary pressures weighed on IT&S adjusted EBITDA margin

• Lower interest expense and a lower effective tax rate from interest income tied to a discrete tax benefit lifted net income
• Lower corporate costs and favorable portfolio mix lifted Adjusted EBITDA

• Increased spin-off costs related to the planned separation
• Lower revenues from anticipated NASA headwinds in Mission Technology Solutions
• Higher selling, general and administrative expenses and lower equity in earnings from unconsolidated joint ventures

• Gains on sales of properties, net of impairments, drove the year-over-year net income increase
• FFO growth from higher same property NOI and record occupancy

None stated.

• Higher volumes driving revenue growth in Space & Mission Systems and Missile Solutions
• Lower level of corporate expense
• Lower interest expense

None stated.

• Underlying sales growth from price attainment and volumes, mainly in electronics, chemicals & energy and manufacturing
• Americas segment sales growth with higher pricing and volumes

• Operating margin lower than prior year, with cost pass-through effects
• APAC operating margin below prior year

• North America performed in line with expectations despite a softer demand environment

• Weakness in Europe segment from operational issues related to ERP implementation in Germany
• Volume declines in the United Kingdom and Benelux
• Specialty modestly below plan

• Volume growth driven by Mounjaro and Zepbound demand
• Sales-based milestones and favorable rebate and discount estimate adjustments
• Favorable product mix and improved cost of production lifted gross margin

• Lower realized prices, mainly Zepbound in the U.S. and Mounjaro NRDL inclusion in China
• Higher acquired IPR&D charges from business development acquisitions

• Higher total margins on LNG delivered, driven by higher volumes recognized in income
• Lower income tax provision than the prior-year period

None stated.

• Higher net discrete tax benefits lowered the effective tax rate

• Higher general and administrative expenses increased operating expenses
• Interest expense on debt outstanding made other income (expense) unfavorable

• Favorable year-over-year change in mark-to-market impacts from commodity and foreign currency derivatives
• Higher Adjusted gross profit margin from lower raw material costs and productivity
• Favorable year-over-year change in acquisition-related items and lapping prior year pension participation charges

• Incremental costs due to geopolitical conflicts
• Higher restructuring charges and intangible asset impairment charges
• Higher ERP System Implementation program costs

• Price, mix and productivity offset higher underlying inflation
• Price and mix improvement from price increases taken to offset inflation
• Additional shipping day

• Lower volumes on soft market demand
• Higher inflation

• Higher pricing in smokeable products
• Higher refunds of taxes and duties paid on imported cigarettes
• Higher adjusted earnings from investment in ABI

• Higher promotional investments
• Lower shipment volume
• Higher costs, including USSTC Facilities Consolidation costs in oral tobacco

• Gains on asset sales, including Utah hospitals and Idaho hospital real estate
• Gain from debt refinancing through private offering of secured notes

• HSA revenue cycle challenges preventing payment of September rent, reducing NFFO by two cents

• Higher sales of power management solutions for AI and server applications, driving Enterprise Data growth
• Higher sales of power solutions for optical modules and switches, driving Communications growth
• Higher sales of power sources in Industrial

• Storage and Computing revenue decreased from the second quarter
• Consumer revenue down year over year

• Growth in Keytruda/Keytruda Qlex from earlier-stage indications and metastatic demand
• WINREVAIR sales growth from higher demand and launch uptake
• Gardasil/Gardasil 9 sales increase from U.S. public-sector purchasing and net pricing

• Higher operating expenses for R&D pipeline and product launches
• Higher net interest expense
• Declines in Januvia/Janumet and Bridion from generic competition

• Gain on digital assets from bitcoin price increase drove operating income

None stated.

• Power Delivery strength from legacy operations and Superior, both exceeding revenue and EBITDA guidance

• Permitting-related access delays on certain Pipeline projects impacted margins with crews and equipment underutilized
• Certain Communications customers deferred spending in the second half of 2026

• Stronger-than-expected close-in demand and onboard spend
• Continued cost discipline producing lower-than-expected unit costs

None stated.

• Epoxy higher volumes and lower operating costs
• Higher commercial ammunition pricing and volume at Winchester
• Higher pricing in Chlor Alkali Products and Vinyls, primarily caustic soda and ethylene dichloride

• VCM plant operating issues at Freeport, Texas reduced profit from lost sales
• Lower CAPV volumes from Blue Water Alliance and VCM
• Lower Section 45V hydrogen tax credit benefit

• Higher sales volume and improved pricing in the Access segment
• Improved pricing across all three segments

• Unfavorable sales mix and higher SG&A expenses reduced operating income
• Lower fire apparatus production from manufacturing modernization challenges
• Transport operating income fell after prior-year JLTV intellectual property license

• Record institutional capital raising quarter with growth from a broader set of strategies, investors and geographies

None stated.

• Thrombectomy revenue growth, including U.S. VTE revenue up 26.0%
• Growth in U.S. neuro revenue
• Embolization and access revenue growth

• Higher SG&A expenses, including $7.1 million of acquisition-related expenses tied to the pending Boston Scientific acquisition

• Record user base, with monthly active users at an all-time high
• AI-driven visual search and shopping experiences, per the CEO

None stated.

• U.S. Fresh benefited from differentiated product mix and improvements in live operations and yield efficiencies
• U.S. Prepared Foods volumes rose and sales and margins increased versus last year
• Mexico Key Customer volumes increased and branded retail fresh growth

• Declines in U.S. commodity cutout values amid a significant increase in supply
• Europe margins compressed from challenging pork fundamentals and input cost escalation
• Planned downtime for Ellijay, Ga. plant investment

• Increased U.S. onshore drilling and completion demand supporting stronger pricing and returns
• Higher demand for upgraded, high-specification rigs supporting premium pricing
• Mid-single-digit pricing increase in Completion Services versus the second quarter

• Elevated non-productive time from sand availability and trucking delays reduced completion activity

• Demand broadening across utility, power generation, industrial and technology customers

None stated.

• Tim Hortons Adjusted Operating Income increase driven by tariff refunds and higher System-wide Sales
• Burger King US Adjusted Operating Income growth driven by higher Comparable Sales
• International revenue growth from royalties on Burger King and Popeyes sales and resumed BK China royalties

• Popeyes Adjusted Operating Income decline from lower Comparable Sales and higher Segment G&A
• Restaurant Holdings Adjusted Operating Income decline from higher Company restaurant expenses and Segment G&A

None stated.

• Higher personnel costs from increased headcount

• Ad revenue growth of 54% year-over-year to $847 million
• Growth in logged-in DAUq and App DAUq in the US and RoW

None stated.

• Higher delivery volumes and regulatory credit revenue
• Growth in software and services revenue and gross profit
• Improved automotive gross profit per unit and tariff refund receivable

• Costs from the ramp of R2 production
• Lower average vehicle selling price from mix shift

• Market share gains in purchase and refinance; highest profitability margin in nearly five years
• Recapture engine connecting origination with servicing portfolio

None stated.

• Non-GAAP gross margin increase from productivity pipeline execution

None stated.

• Core price increases on total revenue
• Organic growth in the recycling and waste business
• Improved performance in Environmental Solutions

• Lower volume

• Growth across the majority of casualty lines
• Decrease in acquisition-related expenses

• Moderate decline in property portfolio
• Restructuring expense under the Empower Program
• Higher compensation and benefits expense

• Record revenue and record tonnage per workday
• Higher revenue per shipment excluding fuel surcharge from pricing and mix optimization

None stated.

• Lower restructuring costs and sales leverage lifted GAAP operating margin
• International operating margin expansion from China licensed joint venture conversion

• Consolidated net revenues decline from China licensed joint venture conversion
• Higher effective tax rate

• Lower programming expenses from favorable contract renewals
• Greater automation in customer care and lower call volumes
• Higher subscriber rate increases and improved discount mix at SiriusXM

• Lower equipment revenue due to higher memory costs
• Softer advertising demand at SiriusXM across news and direct-to-consumer
• Higher depreciation and amortization

• Net sales increase from contractual pass-through of higher raw material costs
• Metal Containers adjusted EBIT up on more favorable price/cost including mix
• Custom Containers adjusted EBIT up on favorable price/cost and cost reductions

• Corporate expense increased on corporate development costs
• Dispensing and Specialty Closures adjusted EBIT down on price/cost and manufacturing efficiency
• Lower Metal Containers volumes for soup markets

• Robust and growing demand for products driving outpaced growth in data center business
• Datacenter revenue up 61% sequentially

None stated.

• Improved Network price and productivity in Truckload
• Higher revenue per order and price actions in Intermodal
• Higher gains on sales of equipment

• Higher purchased transportation costs and insurance expense tied to a prior year claim in Logistics
• Higher purchased transportation expenses in Intermodal

• Revenue growth of 4% year over year
• Continued margin expansion and disciplined cost management
• Efficiency gains from agentic customer onboarding

• Divestiture of the 3P Revenue Recovery business
• Variability in the 1P Revenue Recovery take rate model

• HVAC organic growth from higher cooling equipment volumes tied to data center demand
• Acquisitions added to HVAC revenue
• Detection and Measurement margin gains from product mix and segment synergy initiatives

• HVAC margin pressure from growth-related labor and supply chain costs and input cost inflation
• Lower project volumes in Detection and Measurement communications technologies

• Increased unit volume drove organic net sales growth
• MedSurg and Neurotechnology sales growth

• Higher structural optimization and other special charges

• Higher net interest income, driven by a 17 basis point increase in the yield on interest-earning assets, primarily loans

• Higher non-interest expense, including payroll costs no longer capitalized after the core banking system went live and pension termination e
• Higher provision for credit losses due to reserve requirements tied to residential mortgage and home equity loan growth

• Revenue cycle transition catch-up adjustments and transition benefits totaling $147 million net favorable impact
• Ambulatory same-facility revenue growth driven by higher acuity and favorable service mix

• Unfavorable payer mix due to lower exchange admissions

• Higher investment advisory fees on higher average AUM, especially multi-asset and equity
• Higher capital allocation-based income from change in accrued carried interest
• Lower operating expenses from lower market-related change in deferred compensation liabilities and absence of prior-year restructuring and i

• Lower investment gains on fixed income holdings from rising interest rates
• Lower effective fee rate from mix shift toward lower-fee products and asset classes
• Higher distribution and servicing costs from higher average AUM distributed through third-party intermediaries

• Americas revenue growth, including acquisitions and organic growth
• EMEA bookings growth

• Supply chain and inflationary headwinds
• Asia Pacific margin decline

• Higher U.S. government bond and swaps trading volumes amid policy and geopolitical uncertainty
• Market data revenue increase from amended LSEG license agreement and timing of data deliveries
• Higher equities revenue from ETF activity and adoption of Tradeweb AiEX

• Lower rates derivatives and cash credit fees per million due to compression and mix shift
• Lower digital asset revenue from Canton Network validation services
• Higher operating expenses from incentive compensation, headcount, technology and M&A professional fees

• Broad-based strength across product portfolio with disciplined execution
• Consumer AI adoption driving demand for fast, reliable infrastructure

None stated.

• Higher jet deliveries and volume at Textron Aviation, largely Citation jets
• Higher volume on armored land vehicles and ATAC at Textron Systems
• Higher Industrial segment profit from Textron Specialized Vehicles volume and pricing

• Lower military revenue at Bell, largely due to lower MV-75 volume
• Lower commercial turboprop volume at Textron Aviation
• Manufacturing inefficiencies at Textron Aviation

• Water Quality core sales growth, driven by water treatment solutions and industrial trends
• Early gains from the Cost Optimization Program

None stated.

• Aggregates cash gross profit per ton expanded despite energy headwinds
• Freight-adjusted selling prices rose on a mix-adjusted basis

• Higher energy and diesel costs raised unit cash cost of sales
• Aggregates shipments decreased versus a prior-year quarter helped by weather

• Volume growth in all three segments and favorable price changes drove organic sales growth
• Improved gross margin in the EES and CSS segments
• Improved operating cost leverage on sales growth

• Higher commissions and incentives tied to company performance, plus higher salaries and benefits
• Higher non-deductible compensation expense raised the effective tax rate

• Warmer-than-normal weather
• Execution of the capital plan
• Operating efficiency

None stated.

• HVP Components net sales growth led results, up 19.7% reported and 20.3% organic

• West Vantage net sales declined 7.3% reported and 6.6% organic

• Higher book-of-business settlement activity and disciplined expense management in R&B
• HWC margin gain from operating leverage and expense discipline

None stated.

• Higher Adjusted EBITDA year over year, up 14 percent
• Timberlands fee harvest volumes in the South significantly higher on favorable weather

• Lower Strategic Land Solutions Real Estate sales volume and price per acre
• Higher unit manufacturing costs and resin costs in oriented strand board

• Increased recovery of electric infrastructure investments
• Earnings on equity method investments
• Unseasonably warm weather

• Higher financing costs

• North American LTL yield growth, higher tonnage per day, cost efficiencies and higher fuel surcharge revenue
• European Transportation higher revenue and cost efficiencies

• Higher fuel costs and wage inflation in North American LTL
• Higher fuel costs in European Transportation

• Employer Services revenue growth of 6%
• Higher interest on funds held for clients
• Adjusted EBIT margin expansion

None stated.

• Clear Aligner volume growth from record doctor submitters, record Q3 shipments, improved utilization and international growth
• Disciplined expense management and productivity improvements lifted non-GAAP operating margin

• Higher fuel-related transportation costs, lower Clear Aligner ASPs and geographic and product mix pressured gross margin
• Foreign exchange unfavorably affected revenue and margins
• $5.6 million accrual related to UK VAT weighed on operating income

• Gathering and compression volumes grew year over year
• Gain on litigation from Clearwater proceeds

• Interest expense increased year over year
• Fresh water delivery volumes declined 3%

• Organic revenue growth across solution lines
• Scale improvements in ABS and net restructuring savings
• Lower expenses from sale of NFP Wealth business

• Divestitures, primarily NFP Wealth and Stroz Friedberg
• Higher Accelerating Aon United Program expenses

• Contributions from the acquisition program
• Higher profitability with Adjusted Operating Margin of 29.7%

None stated.

• Higher net production, a company record, up 23% from the year ago period
• Lower cash production expense following HG Energy integration and firm transportation optimization

None stated.

• Record number of commercial miles driven by the Aurora Driver during the quarter

• Initial production ramp constrained by material availability, component quality and end-of-line testing issues

• VWR Distribution & Services organic growth accelerated
• Higher sales volume and commercial excellence in Bioscience & Medtech Products
• Bioscience & Medtech Products returned to organic growth

• Unfavorable product mix and higher SG&A in VWR segment margin
• Higher SG&A expenses in Bioscience & Medtech Products
• Foreign currency translation negative impact on net sales

• Revenue growth from new rates from recovery of capital and acquisition investments in Regulated Businesses
• Authorized revenue increases from completed general rate cases and infrastructure proceedings
• Incremental revenue from closed acquisitions

• Higher depreciation and financing costs to support the capital investment plan
• Increased operating costs, including purchased water, power and chemicals
• Unfavorable weather impacts in the third quarter

• Insurance gross premiums written growth, led by marine and aviation, property and professional lines and accident and health
• Higher net investment income from larger fixed maturity assets and higher portfolio yields

• Higher catastrophe and weather-related losses
• Higher acquisition cost ratio from ACS business and short-tail mix including marine war
• Accelerating property market softening and competitive casualty conditions raised the current accident year loss ratio

• Growth Portfolio revenue increase including the acquired Apellis products

• Acquired IPR&D, upfront and milestone expense tied to RayThera
• VUMERITY decline from U.S. formulary dynamics
• Higher SG&A from the inclusion of Apellis operations

• Neuromodulation sales grew strongly

• Cybersecurity incident disrupted operations
• Urology sales declined
• Higher litigation-related charges and restructuring costs

• Community count grew to a Company record 343, up 7% year over year
• Lower direct construction costs, finished lot costs and fixed G&A excluding advertising versus prior quarter

• Significant rise in interest rates, inflation and macroeconomic uncertainty weighed on consumer confidence and first-time buyers
• Inventory impairment charges reduced gross margin to 15.0%

• Kentucky HRM venues revenue and Adjusted EBITDA increase
• Equity investments increased Gaming Adjusted EBITDA, led by Rivers Des Plaines and Miami Valley Gaming
• Absence of prior-year impairment charge related to Chasers' gaming rights

• Central Virginia HRM venues decline from competition and new tax expense
• Closure of temporary Casino Salem venue in New Hampshire
• Prior-year one-time business interruption insurance recovery not repeated

• Higher pricing in truckload, ocean, LTL and air services drove revenue growth
• Truckload adjusted gross profit per shipment increased on disciplined revenue management
• Lower average employee headcount and cost optimization efforts

• Higher claims expenses and a Kansas City regional center lease impairment charge
• Higher working capital driven by higher transportation rates reduced cash from operations

• Sequential revenue growth in Reservoir Description from improving international demand
• Stronger U.S. and international product sales in Production Enhancement

• Delayed diagnostic service projects in the Gulf of America
• Ongoing Middle East and Russia-Ukraine geopolitical conflicts and sanctions weighing on demand

• Environmental Services growth, including a sizeable emergency response event and Field Services revenue growth above 70%

• Modest growth in Industrial Services due to softness in refinery turnaround activity

• New restaurant openings drove revenue growth
• Menu price increases, tariff relief and favorable limited-time offer mix lowered food costs

• Inflation in beef and freight and higher protein usage raised food costs
• Lower sales volumes, higher employee compensation and other labor costs raised labor expense
• Higher stock-based compensation, performance bonuses and outside services raised G&A

• Growing customer adoption of Eclipse thermal solutions for high-performance computing drove systems demand
• Strength of the recurring revenue business, including services, consumables and software

None stated.

• Freight revenue growth led by grain, intermodal and merchandise volumes
• Volumes measured in revenue ton-miles increased 6 percent from Q3 2025

• Higher fuel prices unfavourably impacted operating ratio

• Volume growth from strategic initiatives and solid re-roofing demand, including data center traction
• Price realization from freight surcharges and broad-based price increases
• CWT automation, consolidated manufacturing and in-house resin capacity savings

• Raw material, diesel and freight cost inflation outpacing pricing, pressuring margins
• Softness in new construction markets

• Retail units sold up 39% year over year, with industry approximately flat

• Lower rates offered to customers on loans relative to benchmark rates and lower wholesale GPU
• Elevated fuel prices and rapidly rising benchmark interest rates

• Gain on sale of businesses

None stated.

• Tight supply of transportation fuels and elevated crack spreads in refining
• Benefits from small refinery RINs waivers granted by the EPA
• Improved RINs prices, higher Producer's Tax Credit benefits and increased sales volumes in Renewables

• Planned turnaround at the El Dorado refinery reduced Mid-Continent sales
• Mississauga Asset Retirement special items in Lubricants & Specialties

• Revenue growth, with GMV up 15% as reported and 16% FX-Neutral
• Growth in first-party advertising revenue
• Growth in eBay Live GMV at a multibillion-dollar annualized run rate

• GAAP and non-GAAP operating margins declined year over year
• Higher income tax provision and non-GAAP tax rate increase

• Net investment income increased, driven by higher alternative investment returns
• Global Wholesale & Specialty gross written premiums grew on a comparable basis

• Net unfavorable prior year reserve development, including casualty reserve strengthening
• Higher catastrophe losses, driven by the Colombia Earthquake and Middle East events
• Reinsurance Treaty gross written premiums declined on a comparable basis

• Revenue growth of 8.9% in the quarter
• Growth in discharges and capacity from new and expanded hospitals

None stated.

• FFOAA and AFFO per diluted share growth versus prior year
• Gain on real estate transactions from private school property sale

• Higher depreciation and amortization expense
• Higher interest expense, net

• A non-recurring fee earned on the atNorth joint venture investment boosted net income

None stated.

• Higher GMS drove revenue growth; take rate up on Etsy Ads enhancements
• Take rate increase primarily from further enhancements to Etsy Ads
• Disciplined expense management and revenue growth lifted adjusted EBITDA

• Restructuring charges offset lower product development expense

• Higher advisory fees from large transactions and more advisory fees earned
• Higher underwriting fees from larger average fee size
• Higher asset management fees from Wealth Management clients on market appreciation

• Lower investment funds portfolio performance reduced other revenue
• Higher employee compensation from base salaries, deferred compensation amortization and new hires
• Higher non-compensation costs in technology, travel and other operating expenses

• Ford Blue lower volume offset partly by favorable mix; Ford Credit earnings up on mark-to-market and financing margins
• Ford Model e loss improved as first-generation vehicle optimization continued
• Lower tariffs and favorable product mix at Ford Pro

• Lower volume from product discontinuations, Middle East conflict and higher commodity costs at Ford Blue
• Higher commodities and temporary Super Duty launch costs at Ford Pro

• Higher package base yields
• Higher package volumes
• Continued structural cost reductions from business optimization initiatives

• Increased purchased transportation rates
• Higher wage rates and variable compensation expenses
• Financial impact of global trade policy changes

• Favorable pricing, contributions from recent acquisitions, and healthy customer activity
• Energy Systems sales growth from acquisitions, price and volume
• Distribution higher volumes, acquisitions and price

• Margin pressure from higher material and freight costs

• Net sales growth of 25% versus the prior year
• Record adjusted EPS

None stated.

• Higher bookings with record aftermarket bookings
• Adjusted operating margin expansion

• Middle East conditions delaying customer activity and revenue conversion

• Revenue growth in Foundry & Logic with broad-based strength across end applications
• Higher demand for co-packaged optics lifted Systems segment revenue
• Increasing output within existing manufacturing footprint to meet rising customer demand

None stated.

• Broad-based demand across the entire product portfolio
• Product revenue growth of 37% year over year

None stated.

• Core revenue growth accelerated, with growth in Intelligent Operating Solutions
• Lower share count from share repurchases supported per-share results
• IEEPA tariff refunds recorded in cost of sales

• Higher interest expense, net

• Volume, price and cost productivity lifted margins across segments
• Favorable year-over-year net tariff impact

• Inflation partially offset margin gains

• Bookings growth for a sixth consecutive quarter of double digits
• Record customer count, with product engagement and retention

None stated.

• Favorable price and higher volume at Gas Power in Power segment
• Higher volume and productivity at Electrification grid businesses
• Margin expansion from higher price, volume, and productivity

• Inflation impact on Power segment
• Lower equipment deliveries at Onshore Wind

• Favorable price/cost impacts, including lower tariff costs, lifted gross margin

• Higher operating expenses for C&I growth, marketing, incentive compensation and amortization
• Unfavorable sales mix reduced gross margin
• Lower shipments of energy storage systems in Residential

• Google Cloud revenue growth led by GCP enterprise AI infrastructure and solutions, plus TPU system sales
• Google Search & other revenue growth, with query growth at its highest in five years

• Losses on equity securities and higher interest expense in other income (expense), net, reversing prior-year gains

• Strength across markets and product categories, with recent product launches contributing
• Higher consolidated gross margin from favorable segment mix, lower product cost and tariff refunds
• Lower effective tax rate from expected U.S. deductions under 2025 tax legislation

• Operating expenses rose 10% on personnel-related costs and advertising
• Auto OEM revenue declined 20%, mainly due to domain controllers

• Favorable net price realization offsetting inflation and tariffs
• Higher volumes in North America
• Absence of prior-year non-recurring litigation expense lowered SG&A

• Inflationary pressures slightly exceeded pricing benefits, modestly lowering gross margin in both segments
• Lower volume in Europe & Rest of World from Middle East geopolitical conflicts
• Higher research, development and engineering spend

• Improved market conditions for M&A and capital markets transactions lifted average transaction fees in Corporate Finance
• Growth in non-cyclical businesses in Financial and Valuation Advisory

• Fewer closed transactions in Corporate Finance
• Lower Financial Restructuring closed transactions due to timing of closings

• Higher commercial original equipment volumes from build rates and selectable equipment
• IEEPA tariff refunds gave a net benefit to adjusted EBIT
• Pricing in Electronic Solutions offset mix and higher costs

• New costs of operating as an independent public company
• Lower international defense volumes from supply constraints and a wind-down
• Engines and Power Systems profit fell on unfavorable mix and higher costs

• Growth in other revenues from Trump Account service revenues and Robinhood Gold subscriptions

• Lower net interest revenues from lower securities lending activity and short-term interest rates
• Lower cryptocurrency revenues
• Higher operating expenses from provisions for credit losses, Trump Accounts and Rothera

• Higher volumes in Health & Science Technologies, driven by AI-driven demand for data center power and semiconductor markets
• Positive price across the segments
• Volume leverage, net productivity improvements and favorable mix lifting gross margin

• Price/cost headwinds partially offset gross margin gains
• Higher employee-related costs, including variable compensation, and acquisition impact in HST margin

• Share repurchases lowered share count, lifting Core FFO per share
• Same Store NOI growth driven by higher average monthly rent

• Higher Same Store controllable expenses
• Lower average occupancy year over year

• Higher sales prices in PS NA
• Improved mill performance lowered operating costs, including non-repeat of Riverdale paper machine conversion
• Lower planned maintenance outage costs and lower sales volumes reduced cost of products sold

• Lower sales volumes amid softer demand
• Higher input costs for recovered fiber, energy and fuel
• Suspended operations at Pine Hill

• Leasing Advisory revenue growth, led by U.S. industrial, office and data centers
• Capital Markets Services growth, led by investment sales and debt and equity advisory
• Incremental platform leverage and margin expansion

• Higher commission expense tied to revenue growth
• Lower Investment Management incentive and transaction fees

• Same-store sales growth driven by transactions
• Net store growth and same-store sales growth lifted royalties and advertising revenue
• Lower expenses from prior Area Director program

• One-time non-cash equity-based compensation charge related to the IPO
• IPO-related professional expenses

• Distribution and services demand for behind-the-meter and backup power solutions

• Rising fuel costs pressured marine margins

• Process control demand tied to AI ecosystem buildout and industry inflections
• Accelerated growth expected in second half of calendar 2026

None stated.

• Organic growth in Electronics, driven by passive products and semiconductor volumes
• Industrial sales growth from data center, grid and utility, HVAC and automation demand
• Commercial vehicle volume growth in Transportation

• One-time Dortmund contract amendment fee reduced semiconductor net sales
• Lower passenger vehicle sales from weaker global car builds and auto sensor declines

• Organic revenue growth of 5.5% in the quarter
• Acquisitions contributed 1.5% to revenue growth
• Operating efficiencies and organic growth lifted adjusted operating income and margin

• Foreign exchange slightly reduced revenue growth
• Higher adjustments, including amortization and restructuring, reduced GAAP operating margin

• Building Climate Solutions revenue growth, including organic growth
• Higher sales volumes in Building Climate Solutions
• Contributions from completed acquisitions

• Product cost inflation, including tariffs, and lower factory absorption
• Higher fuel costs, SG&A and distribution inflation, and ongoing investments
• Heightened competitive pressure and targeted price adjustments in Home Comfort Solutions

• Renewing resident lease pricing increased year-over-year
• Record retention and historically low resident turnover
• Disciplined expense management

• Higher interest rates and new resident pricing improvement arriving later than expected
• Lower new resident lease pricing

• Net sales growth in Plumbing Products and North American sales
• Higher gross margin

• International net sales decline in local currency

• MGM China achieved record quarterly revenue and record quarterly market share
• Regional Operations same-store revenue increased 1%

• Lower room rates at Las Vegas Strip Resorts
• Higher intercompany branding license fee expense at MGM China

• Growth in Morningstar Credit revenue supported by robust issuance
• Lower compensation costs from decline in bonus expense versus high prior-year level
• Growth in Morningstar Direct Platform revenue, driven by Morningstar Data and Morningstar Direct

• Higher technology infrastructure costs, largely cloud costs from data center migration and AI initiatives
• Higher advertising and marketing expense from corporate brand activities and Game On campaign
• Higher severance costs

• Microsoft Cloud revenue growth accelerated to 30%
• Azure revenue growth

• Windows OEM and Devices revenue decline

• Lower year-over-year land closing and cost savings partially offset gross margin pressure
• Lower performance-based compensation expense reduced SG&A and gross margin costs

• Lower home closing revenue from 14% lower closing volume and lower ASP
• Higher lot and incentive costs and lost leverage on lower revenue reduced gross margin

• Higher total fuel contribution from stronger fuel supply results and higher retail fuel volumes
• No restructuring expenses compared with the prior-year quarter

• Higher store and other operating expenses, mainly payment fees driven by higher fuel prices
• Lower merchandise contribution from lower unit margins

• Higher C&I revenue on fixed price contracts, including Valley acquisition revenue
• Better-than-anticipated productivity and favorable job close outs lifted gross margin
• Increased T&D revenue on T&E, fixed price and unit price contracts

• Inefficiencies on certain projects increased costs
• Higher SG&A from Valley, incentive compensation and employee expenses
• Higher amortization and interest expense from Valley acquisition

• Higher operating profit and a reduced effective tax rate drove the rise in net income
• Specialty materials sales and operating profit rose on a shift in product shipment mix and the Calca acquisition
• Surcharges implemented to offset higher costs from Middle East supply chain disruptions

• Lubricant additives market softness reduced petroleum additives shipments by 8%

• Value of growth in consolidated adjusted EPS from GenCo and data center agreements

None stated.

• Energy Products and Services revenue growth from increasing manufacturing throughput against growing backlog
• Favorable project mix and improved margins in backlog in Energy Equipment
• Continued improvement in cost structure and operational efficiencies

• Completion of certain offshore production related projects in Energy Equipment
• Net write-downs of fixed assets, primarily related to facility closures

• AI adoption accelerating and AI net new ACV exceeding expectations
• Subscription revenue growth of 21% year-over-year

• Higher GAAP operating expenses and amortization of purchased intangibles from acquisitions

• AI adoption accelerating and AI net new ACV exceeding expectations
• Customers increasing use of agentic AI, with consumption in production up more than 13x year-over-year

None stated.

• Record quarterly revenue and bookings, with demand strength for tracker products
• Energy storage and complementary offerings were about 22% of Q2 revenue
• Record quarterly eBOS bookings above $100 million

None stated.

• Higher LTL revenue per hundredweight, up 13.3%
• Improved salaries, wages and benefits as a percentage of revenue
• Overhead cost leverage from higher revenue and discretionary spending control

• Slight decrease in LTL tons per day

• Stronger sales from significantly warmer weather
• Higher income from energy-related investments and lower interest expense at Other Operations

• Increased income tax expense at OG&E

• Higher unit material volume and changes in customer mix
• Out-of-period adjustment that reduced prior-year royalty and license fees revenue

• Unfavorable change in cumulative catch-up adjustment on material sales
• Changes in customer mix reduced material sales

• Comparable store sales growth driven by share gains in professional and DIY businesses
• Benefit from tariff refunds received during the third quarter

None stated.

• Service net sales growth across all lines, with organic Service sales up 7%
• Absence of UpLift transformation costs, separation-related adjustments and other non-recurring items in prior year (GAAP operating profit an
• Lower share count and minority interest benefits to adjusted EPS

• Decline in New Equipment segment operating profit, unfavorable price and mix
• Higher tax rate, higher interest and unfavorable FX rates pressured adjusted EPS
• Ongoing investment in key Service growth initiatives

• Retail automotive revenue increased 1% to $7.0 billion; same-store retail automotive revenue up 2%
• Retail commercial truck revenue and income before taxes rose versus prior year

• Proposed Transaction costs of $6.3 million pre-tax ($0.07 per share)
• New vehicle gross profit per unit decreased sequentially

None stated.

• Merger related expenses and higher noninterest expenses related to the Mergers
• Out of state tax settlement raised the effective tax rate

• Critical Infrastructure revenue growth from Transportation market and Applied Sciences acquisition
• Growth in Cyber and Electronic Warfare and Transportation markets
• Higher Adjusted EBITDA margin from ramp up of awards, acquisitions and program execution

• Higher transaction-related expenses reduced operating income and net income
• Organic revenue declined 1% year over year

• Higher realized refining margins and volumes, driven by an increase in market crack spreads

• Lower polyethylene margins in Chemicals, partially offset by higher volumes and lower costs
• Lower global marketing fuel margins amid a rising price environment
• Lower margins, including inventory impacts, and higher costs in Renewable Fuels

• Higher revenue from increased utilization in the completions business
• Incremental deployments in PROPWR

• Higher costs of rebuilding operational infrastructure for completions activity

• Higher asset management and related administrative fees, driven by market appreciation and net inflows into fee-based accounts
• Higher M&A and advisory revenues in Capital Markets
• Addition of Clark Capital to Asset Management

• Higher financial advisor commissions tied to compensable revenue growth and recruiting expenses
• Lower fixed income brokerage revenues in Capital Markets

• Increased liquids production from infrastructure commissioning in the liquids-rich area
• Strategic access to international markets supported cash margins
• Mark-to-market derivative gain from decreases in commodity prices

None stated.

• Higher trust fund income
• Lower corporate G&A expenses from reduced long-term incentive compensation tied to total shareholder return
• Higher comparable funeral and cemetery revenue, including higher average revenue per service

• Higher healthcare costs
• Higher selling compensation costs
• Increased advertising and marketing expenditures supporting preneed sales

• Opening a record 15 new stores during the quarter

• Challenging consumer environment
• Cyclospora disruption affected the quarter

• Acquisitions added to net sales growth

• Lower sales volume amid soft underlying market demand and delayed fall applications from weather
• Higher fuel and healthcare costs raised SG&A as a percentage of sales

• E-Infrastructure Solutions revenue growth, including CEC electrical business acquired September 1, 2025
• Transportation Solutions adjusted operating margin expansion from disciplined project selection

• E-Infrastructure operating margin declined due to higher contribution from CEC
• Building Solutions revenue decline from slower homebuilder activity
• Transportation Solutions revenue decline as resources shifted to E-Infrastructure

• Pricing initiatives across most paper grades expected to more than offset input costs
• North America sold out in all containerboard grades and most consumer grades

• Unprecedented cost inflation
• Approximately $700 million of additional freight and energy costs expected for full year 2026

• Customer demand for data and power connectivity

None stated.

• Revenue growth of 9.5% year over year
• Non-GAAP operating margin expansion of 380 basis points

None stated.

• Record revenue in Memory and Integrated Systems Test driven by AI demand
• Robotics delivered its highest third quarter revenue to date and achieved profitability

None stated.

• Net investment income up 12.7%, driven by higher earned yields, continued investment of operating cash flows and higher limited partnership
• Current accident year loss ratio excluding catastrophes improved, reflecting renewal pricing outpacing loss trends and benign property frequ
• Favorable prior-year reserve development, mainly in Specialty

• Catastrophe losses of $109.7 million, up from the prior-year quarter
• Net realized and unrealized investment losses recognized in earnings
• Higher Core Commercial loss ratio from prudent liability loss selections

• Postpaid account and ARPA growth drove industry-leading service revenue growth
• Robust account and ARPA growth contributed to industry-leading net income and Core Adjusted EBITDA growth

• Net cash from operating activities decreased year-over-year

• SaaS revenue growth of 21.2%
• Transaction revenue growth accelerated, excluding Texas payments contract wind-down
• Improved working capital performance supporting free cash flow

None stated.

• Gross margin expansion, up 320 bps vs. LY
• Continued momentum at The North Face, up 4% vs. LY
• Global DTC growth, up 1% vs. LY or 3% constant currency ex Dickies

• Vans revenue decline of 10% vs. LY
• Lower Wholesale revenue, down 6% vs. LY

• Growth in quarterly revenue, with flow-through efficiency of the business model

• Change in CECL allowance for credit losses reduced net income and FFO

None stated.

• Higher research and development expenses from planned and ongoing clinical studies, manufacturing, stock-based compensation, salaries and th
• Higher general and administrative expenses from legal and patent services, consultants, stock-based compensation and salaries

• Operational leverage on higher sales
• Manufacturing productivity
• Broad-based growth across all regions

• Mix impacts and continued growth investments

• Higher fuel prices and pricing progress lifted revenue
• New business wins and pricing progress across segments

None stated.

• Continued strength in spares and repair margins in the Middle East
• Lower purchase price accounting-related adjustments

• Lower Pressure Control product shipments in the Middle East
• Lower operating leverage in the Cactus International Joint Venture

• Royalty revenue, franchise fees and other rose on net new franchise development
• Advertising fees rose on higher system-wide sales
• Company-owned restaurant sales rose from newly opened or acquired corporate stores

• Lower domestic same store sales reduced royalty revenue
• Higher food, beverage and packaging costs raised cost of sales
• Higher depreciation and amortization from technology capital expenditures

• Solid underwriting performance across three segments
• Continued strength from investment portfolio
• Favorable prior year reserve development in reinsurance and mortgage

• Current accident year catastrophic losses, including Iran conflict
• Negative total return on investments from rising interest rates
• Higher interest expense from June 2026 capital raising

• Engineered Solutions segment sales growth led the quarter
• Favorable demand environment and solid margin performance
• Service Center sales growth strengthened through the quarter

• Higher LIFO expense than the prior-year period
• Broader inflationary pressures

• Data Centers outperformance and cash revenue growth
• Consistent leasing demand across global tower portfolio

• Unrealized losses on equity investments
• Decrease in non-cash straight-line revenue

• Healthy portfolio performance with stable credit quality and historically low non-accruals and problem assets

• Slower transaction environment led to a more measured pace of originations during the quarter

• Architectural Specialties organic net sales growth across most specialty categories
• Favorable AUV and higher volumes in Mineral Fiber
• Higher sales volume margin benefit

• Higher manufacturing costs from input cost inflation, freight and raw materials
• Mix headwinds within Mineral Fiber and ongoing tariff impact on margins

• Higher defense and services volume
• Gain on HRL Laboratories sale and improved operational performance in Defense, Space & Security
• Favorable volume and mix in Global Services

• Less favorable commercial delivery mix
• Higher projected costs for future production rate adjustments
• Higher estimated supply chain costs

• Chart acquisition contributed to year-over-year growth in revenue and adjusted EBITDA
• Higher price and volume
• Cost-out initiatives

• Reduced productivity benefits and inflation
• Change in business mix
• Other expense from transaction costs tied to business disposals and acquisitions

• Net interest income growth and net interest margin expansion from higher loan and securities yields and loan growth
• Wealth management services revenue growth
• Expense discipline, with expense growth below revenue growth

• Lower mortgage banking revenues
• Higher salaries and employee benefits

• VITAS revenue growth from a 9.4% increase in days of care and a Medicare reimbursement rate increase of about 2.2%
• Lower Medicare Cap billing limitation in the quarter versus the prior year

• Acuity mix shift reduced VITAS revenue growth
• Roto-Rooter SG&A expenses increased and its adjusted EBITDA declined