Overview
- Shoals reported record Q4 revenue of $148.3 million and a $747.6 million year‑end backlog, with a new BESS production line due within weeks, a $67 million BESS backlog, tariff and legal costs pressuring margins, and a favorable initial ITC patent finding ahead of a June final ruling.
- FIS closed its Total Issuing Solutions deal, targeted Large Financial Institutions for faster growth, guided 2026 pro forma revenue up 5.1%–5.7%, and projected free cash flow to top $3 billion by 2028.
- Astec posted record Q4 net sales of $400.6 million, lifted backlog to $514 million, and guided 2026 adjusted EBITDA to $170–$190 million as acquisitions and a larger parts business support margin goals.
- Federal Signal delivered record 2025 net sales of $2.18 billion and strong Q4 growth, with higher adjusted EBITDA and margin improvement alongside a $1.04 billion backlog.
- Newmark logged record total revenues with double‑digit growth, cited AI as a catalyst for leasing and data‑center demand, and projected 2026 revenue of $3.7–$3.8 billion.