Lumine Group (LMN) Q4 2025 earnings summary

Executive summary

• Revenue grew 16% year-over-year in Q4 2025 to $216.3 million and 15% for the full year to $765.7 million, driven mainly by acquisitions and modest organic growth after FX adjustments.

• Operating income rose 29% year-over-year in Q4 to $88.4 million and 31% for the year to $275.7 million, reflecting improved profitability and acquisition contributions.

• Net income surged 69% in Q4 to $49.6 million and reached $118.8 million for the year, reversing a net loss of $258.9 million in 2024, mainly due to the elimination of preferred and special securities expense.

• Cash flows from operations increased 34% in Q4 and 106% for the year, while free cash flow available to shareholders (FCFA2S) rose 48% in Q4 and 153% for the year.

Financial highlights

• Q4 2025 revenue: $216.3 million (+16% YoY); full-year 2025 revenue: $765.7 million (+15% YoY).

• Q4 2025 operating income: $88.4 million (+29% YoY); full-year: $275.7 million (+31% YoY).

• Q4 2025 net income: $49.6 million (+69% YoY); full-year: $118.8 million (vs. $258.9 million net loss in 2024).

• Q4 2025 CFO: $71.4 million (+34% YoY); full-year: $236.5 million (+106% YoY).

• Q4 2025 FCFA2S: $67.1 million (+48% YoY); full-year: $217.0 million (+153% YoY).

Outlook and guidance

• Forward-looking statements caution that actual results may differ materially due to significant risks and uncertainties.