Dafinchi AI

Axon Enterprise, Inc.

AXON

Industrial

1w

Financial Performance Summary

Adjusted EBITDA margin was 25.7%, ahead of expectations due to higher revenue, operating leverage, and tariff timing benefits.
Adjusted gross margin was 63.3%, up 20 basis points year-over-year, driven by software and services mix, partially offset by lower device margins.
Bookings growth accelerated with nearly $150 million in AI Era Plan bookings in Q2 and over 30% of bookings from new product categories.
Connected Devices revenue increased 29% year-over-year to $376 million, with TASER up 19%, personal sensors up 24%, and platform solutions up 86%.
Largest deal in company history closed in state and local segment, including the largest corrections deal ever.
Q2 2025 revenue was $669 million, up 33% year-over-year, marking the 14th consecutive quarter with over 25% revenue growth.
Software and services revenue grew 39% year-over-year to $292 million, driven by new user wins and product adoption.

WillScot Holdings Corporation

WSC

Industrial

2w

Financial Performance Summary

Adjusted EBITDA was down 6% year-over-year, with margin compression primarily due to delivery and installation margins and upfront investments in in-sourcing.
Adjusted free cash flow was $130 million in the quarter with a 22.1% margin, and 23.6% margin over the past 12 months.
Average monthly rental rates increased 5% year-over-year for modular products and 7% for storage products.
Cash from operations increased 17% year-over-year to $205 million.
Invested $75 million in net CapEx in Q2, a 37% increase over prior year, focused on FLEX, larger complexes, and VAPS.
Leverage ratio at 3.6x exiting Q2, with a gradual path to target range over 3-5 years.
Returned $53 million to shareholders through share repurchases and dividends, reducing share count by 3.4% over 12 months.
Total revenue was $589 million, with leasing revenues of $443 million, reflecting a 3% year-over-year decline in leasing revenues.
Trailing 12-month adjusted EBITDA margin stands at 43.8%.
Units on rent declined 5.6% year-over-year for modular products and 3.8% for storage.
WillScot delivered adjusted EBITDA of $249 million in Q2 2025, representing a 42.3% margin, up 140 basis points sequentially.

Enovix Corporation

ENVX

Industrial

1w

Financial Performance Summary

Board authorized a $60 million share buyback program, with no purchases made yet.
Cash balance at end of Q2 was $203.4 million after acquisition payments and capital expenditures related to Fab2.
Net loss per share was $0.13, improved from guidance range of $0.15 to $0.21.
Non-GAAP gross margin reached 31%, driven by higher margin defense products from the Korean factory.
Operating expenses were $28.8 million for the quarter, down 5% year-over-year.
Q2 revenue was $7.5 million, exceeding guidance range of $4.5 million to $6.5 million and up 98% year-over-year.

CRA International, Inc.

CRAI

Industrial

1w

Financial Performance Summary

Consultant headcount ended at 937, a 3.2% decrease year-over-year, but flat when adjusted for portfolio optimization.
Consultant utilization improved year-over-year to 76%, supported by replenishing sales pipeline and a 2% increase in project lead flow, or 5% adjusted for IP team transition projects.
DSO stood at 110 days, consistent with prior year, with 73 days billed and 37 days unbilled.
Effective tax rate on a non-GAAP basis was 29.0%, down from 29.4% in Q2 2024.
First half of fiscal 2025 surpassed the record first half of fiscal 2024 for non-GAAP net income, EPS, and EBITDA by 6%, 8%, and 8%, respectively.
Legal and regulatory services revenue increased nearly 11%, supported by a 17% increase in total case filings and 6% increase in court judgments compared to Q2 2024.
Non-GAAP selling, general and administrative expenses were 16.3% of revenue, slightly improved from 16.4% a year ago.
North American and international operations contributed to revenue growth, increasing 9.4% and 7.0%, respectively.
Returned $46.6 million to shareholders in Q2, including $3.4 million dividends and $43.2 million share repurchases.
Revenue in the second quarter increased by 9% year-over-year to $186.9 million.
Seven of eleven practices grew year-over-year, with Antitrust & Competition Economics, Energy, Intellectual Property, and Labor & Employment practices posting double-digit revenue growth.