Dafinchi AI

TOST

Technology

Adjusted EBITDA reached $161 million with a margin expansion of 8 percentage points year-over-year to 35%.
ARR grew 31% year-over-year, with SaaS ARR up 30% and payments ARR up 32%.
GAAP operating income was $80 million, up significantly from $14 million a year ago.
GPV was $50 billion, growing 23% year-over-year, with GPV per location down 1%.
Nonpayment fintech solutions, led by Toast Capital, contributed $40 million in gross profit, with stable defaults and healthy demand.
Q2 2025 results exceeded expectations with 8,500 net new locations added and recurring gross profit growing 35%.
Subscription revenue increased 37% and gross profit grew 43%, benefiting from improved ARR to revenue conversion.

MCHP

Technology

Adjusted free cash flow was $244.4 million, and total debt decreased by $175 million, though net debt increased by $30.2 million.
GAAP net loss was $46.4 million or $0.09 per share, impacted by acquisition amortization and special charges.
Inventory reduced by $124.4 million sequentially to $1.169 billion, with inventory days down from 266 to 214 over two quarters.
Microchip reported net sales of $1.075 billion for Q1 FY2026, up 10.8% sequentially and $5.5 million above the high end of guidance.
Non-GAAP gross margin was 54.3%, including $77.1 million inventory write-offs and $51.5 million underutilization charges.
Non-GAAP net income was $154.7 million with earnings per diluted share of $0.27, beating guidance by $0.01.
Non-GAAP operating margin improved by 670 basis points sequentially to 20.7% of sales.

VSAT

Technology

Adjusted EBITDA increased by 1% year-over-year to $408 million, with a 35% margin, supported by growth in infosec, cyber defense, and aviation.
Free cash flow was positive $60 million for the quarter, with a trailing 12-month positive free cash flow of $88 million.
Net leverage remained flat year-over-year at approximately 3.6x trailing 12 months adjusted EBITDA.
Net loss widened to $56 million from $33 million in Q1 fiscal 2025, mainly due to higher depreciation, amortization, and income tax provision.
Q1 fiscal 2026 revenue grew 4% year-over-year to $1.17 billion, driven by double-digit growth in Defense and Advanced Technologies segment.

MITK

Technology

Adjusted EBITDA was $13.1 million, representing a 28.6% margin, an improvement of 170 basis points compared to the prior year.
Check Fraud Defender annual contract value reached approximately $13.1 million, up 56% year-over-year.
Free cash flow for the last 12 months was $56 million, representing a 99% conversion rate of adjusted EBITDA.
Non-GAAP gross margin was 85%, slightly down by 100 basis points year-over-year due to a mix shift away from higher-margin deposits products.
The company ended Q3 with over $175 million in cash and investments and $155 million in convertible notes due February 2026.
Total revenue for Q3 2025 was $45.7 million, up 2% year-over-year, driven primarily by a 24% increase in Identity products revenue.
Trailing 12-month Identity revenue reached $75 million, up 13% year-over-year, nearing the fulcrum point for durable profitability.

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