Dafinchi AI

NOV

Industrial

2w

Financial Performance Summary

Adjusted EBITDA was $252 million or 11.5% of sales.
Dividends paid year-to-date were $135 million, with total shareholder returns of $602 million combined with buybacks.
Energy Equipment segment revenue grew 5% sequentially but margins declined due to unfavorable mix; it delivered its 12th straight quarter of year-over-year margin expansion.
Energy Products and Services segment revenue grew 3% sequentially but declined 2% year-over-year; adjusted EBITDA declined $38 million to $146 million or 14.2% of sales.
For Q2 2025, NOV reported revenues of $2.2 billion, up 4% sequentially and down 1% year-over-year.
Free cash flow generated was $108 million in Q2, with 83% EBITDA to free cash flow conversion over the last 12 months.
Net income was $108 million or $0.29 per fully diluted share.
Share repurchases totaled 10.9 million shares for $150 million in Q2; total repurchases since Q2 2024 are approximately 25 million shares.
Tariff expense was approximately $11 million in Q2, expected to rise to $20-$25 million in Q3 and $25-$30 million in Q4.
Working capital improved by 300 basis points year-over-year as a percentage of revenue.

HNI Corporation

HNI

Industrial

2w

Significant 41% YoY Increase in Non-GAAP EPS Driven by Volume Growth and Profitability Improvements

Non-GAAP earnings per share of $1.11 for Q2 2025, up 41% YoY, exceeding internal expectations.
Strong volume growth across segments was a primary driver of earnings upside.
Record-high EBIT margin of 11%, expanded by 200 basis points YoY, driven by volume, profit transformation, and KII synergies.

Iron Mountain Incorporated

IRM

Industrial

1w

Record Quarterly Revenue, EBITDA, and AFFO Achievements

Achieved all-time high for quarterly revenue at $1.7 billion, up 12%.
Adjusted EBITDA reached a record $628 million, up 15%.
AFFO increased 15% to $370 million.
Results exceeded expectations, prompting guidance upgrades across all key metrics.

Stoneridge, Inc.

SRI

Industrial

6d

Financial Performance Summary

Adjusted EBITDA was $4.6 million or 2% of sales, impacted by a $3.4 million nonoperating foreign currency expense.
Adjusted operating income was $400,000, with a 40 basis point improvement in adjusted operating margin relative to Q1.
Control Devices sales grew 1.9% to $71.2 million with improved adjusted operating income by 180 basis points.
Electronics sales were $149.6 million, with MirrorEye revenue growing 21% quarter-over-quarter.
Free cash flow improved by $5.9 million year-over-year to $7.6 million.
Net debt reduced by almost $20 million for compliance purposes following a $44 million tax-efficient cash repatriation.
Second quarter 2025 sales were $228 million, including a $3 million favorable foreign currency impact.
Stoneridge Brazil sales increased 6% to $15.3 million with improved operating profit by 230 basis points.