Earnings Feed

COHR

Technology

Debt leverage ratio improved to 2x from 2.5x at end of 2024, with $437 million debt paid down in fiscal 2025.
Full year fiscal 2025 revenue increased 23% year-over-year to a record $5.81 billion.
Non-GAAP EPS for full year 2025 was $3.53, a 191% increase from $1.21 in 2024.
Non-GAAP gross margin expanded 358 basis points to 37.9% for full year 2025.
Non-GAAP operating margin for full year 2025 was 17.8%, up 472 basis points from 2024.
Q4 non-GAAP EPS doubled year-over-year to $1 per share.
Q4 non-GAAP gross margin was 38.1%, down 43 basis points sequentially due to FX headwinds but up 220 basis points year-over-year.
Q4 revenue grew 16% year-over-year to a new record $1.53 billion and 2% sequentially.

WLY

Technology

Adjusted EBITDA declined 3%, impacted by margin mix and timing effects.
Adjusted EPS increased 2%, showing modest earnings growth.
Adjusted revenue grew 1% year-over-year in Q1 2026, reflecting steady top-line performance despite seasonal softness.
Free cash flow was a use of $100 million, an improvement from $107 million last year, reflecting seasonal cash flow timing.
Learning revenue declined 8%, impacted by lower AI revenue and softness in professional publishing.
Net debt to EBITDA ratio improved to 1.9 from 2.0, supported by $120 million divestiture proceeds used to reduce debt.
Research publishing revenue declined 1%, affected by a tough prior-year comp and seasonal factors.
Research segment grew 5%, driven by AI licensing revenue increase from $17 million to $29 million.

WLY

Technology

Wiley increased its share repurchase authorization by 25% to $250 million, reflecting confidence in its valuation.
The company returned $14 million through share buybacks in Q1 and increased dividends for the 32nd consecutive year, maintaining a 3.5% yield.
Balance sheet strength improved with net debt to EBITDA ratio decreasing to 1.9, and $120 million proceeds from divestiture used to reduce debt.
Discipline in capital allocation emphasizes supporting shareholder returns while investing in organic growth and high-value content.
The company remains opportunistic in buybacks, aiming to buy back shares when prices are attractive, supporting long-term value creation.

SAIL

Technology

Add-on modules attach rate for new SaaS customers increased to 40% from 25% last year.
Adjusted operating margin expanded by 980 basis points to 20.4%.
Closed Q2 2026 with $982 million in ARR, a 28% year-over-year increase.
Generated record $50 million cash flow from operating activities and $46 million free cash flow (17.4% margin).
Net Revenue Retention (NRR) was strong at 114%, driven by cross-sell, upsell, suite upgrades, and platform modernizations.
Q2 saw the largest new logo ARR quarter ever, with a 30% increase in average ARR per new SaaS customer.
SaaS ARR grew 37% year-over-year, reaching $623 million.
Total Q2 revenue was $264 million, up 33% year-over-year.