==Klarna (KLAR) reported Q4 earnings on Thur 19 Feb 26 (b/o)

•  Klarna posts its first billion-dollar quarter with Q4 revenue up 38% to $1.082B—driven by accelerating U.S. growth—GMV of $38.7B beating guidance, banking users doubling to 15.8M and credit loss provisions down, but reports a wider-than-expected $47M ($0.12/share) loss and guides softer Q1 revenue of $900M–$980M.

Klarna Group plc reports Q4 results, revs in-line, GMV increased 32%; guides Q1 revs in-line 

• Reports Q4 (Dec) results; revenues rose 38.5% year/year to $1.08 bln vs the $1.07 bln FactSet Consensus.
• GMV grew 32% yr/yr (23% like-for-like) in Q4, with like-for-like growth consistent with the prior quarter. U.S. GMV grew 43% year-over-year in Q4.
• Transaction margin dollars grew 17% yr/yr in Q4, representing a 28 percentage point quarter-over-quarter acceleration, but came in at $372 mln, below the guidance range.
• Provision for credit losses declined to 0.65% of GMV in Q4, down 7 basis points quarter-over-quarter.
• Co issues in-line guidance for Q1, sees Q1 revs of $900-$980 mln vs. $965.77 mln FactSet Consensus. Sees GMV of $32-$33 bln, representing growth of 26-30%. 
• 2026 Guidance: Sees GMV of more than $155 bln and revenue of more than 2.8% of GMV.

==Figma (FIG) reported Q4 earnings on Wed 18 Feb 26 (a/h)

 

Figma reports Q4 FY2025 revenue of $303.8M, exceeding guidance on accelerating 40% growth and strong net dollar retention; issues 2026 outlook for ~30% revenue growth and continued non-GAAP profitability, but guides to lower margins to fund AI.

• Q4 revenue grew 40% YoY to $304M, above the high end of guidance.
• Net dollar retention for >$10k customers improved 5 points QoQ to 136%, best in 10 quarters.
• Q4 non-GAAP operating margin was 14%, but 2026 margin guided down to ~8%.
• Full-year 2025 revenue rose 41% to $1.056B, also above the high end of guidance.
• Make weekly active users grew 70% QoQ; over half of >$100k customers use it weekly.
• About 75% of >$10k customers now consume AI credits weekly ahead of March monetization.
• International revenue grew 45% YoY; 54% of revenue but 85% of monthly active users.
• Q4 gross margin was 86%; AI infra investments expected to pressure margins going forward.
• Figma ended 2025 with $1.7B in cash and 13% adjusted free cash flow margin.
• 2026 revenue guidance implies 30% growth, with free cash flow roughly matching operating income.
• Strong quarter, driven by accelerating growth, improving retention, and broad adoption of new AI and Make products. Main concern: margin compression and revenue visibility as Figma pivots to a hybrid seat-and-consumption AI model in 2026.

==Mister Car Wash (MCW) to be acquired by Leonard Green & Partners for $7.00 per share in an all-cash merger

• Reports Q4 adjusted EPS of $0.11 beating estimates while revenue of $261.2M comes in slightly below forecasts.

Mister Car Wash to be taken private by Leonard Green & Partners for $7.00/share

• The Co. has entered into a definitive merger agreement pursuant to which investment funds managed by Leonard Green & Partners, L.P. will purchase all of the outstanding shares of the Company's common stock that are not already owned by LGP's affiliates for $7.00 per share in cash, which implies a total enterprise value of the Company of $3.1 billion. LGP has been a long-term strategic partner to the Company since its initial investment in 2014 and is currently the beneficial owner of approximately 67% of the Company's outstanding shares of common stock.
• All-cash transaction delivers significant and certain value to Mister Car Wash stockholders at a premium of 29% to the volume-weighted average price of Mister Car Wash's shares during the 90 days prior to and including February 17, 2026.
• Transaction unanimously approved and recommended by a Special Committee of the Mister Car Wash Board of Directors, composed entirely of independent directors.
• Upon completion of the transaction, Mister Car Wash's common stock will no longer be listed on Nasdaq, and Mister Car Wash will become a privately held company owned by investment funds managed by LGP.
  
• The transaction is expected to close in the first half of 2026, subject to obtaining regulatory approvals and the satisfaction or waiver of other customary closing conditions.

ZIM Integrated Shipping (ZIM) to be acquired by Hapag-Lloyd for $35 per share in $4.2 bln cash deal

 

 

 

 

• Chart the day before, Fri 13 Feb 2026 

 

  

Hapag-Lloyd (OTC: HPGLY) is buying Israeli competitor Zim Integrated Shipping Services for $4.2 billion as the shipping firm looks to bolster its capacity.

Germany-based Hapag-Lloyd said Monday that it signed a deal to buy Zim for $35 a share in cash, a 58% premium to Zim’s closing price of $22.20 on Friday. The total deal price of around $4.2 billion will be funded from cash reserves and external financing of up to $2.5 billion.

The combined business will have a standing capacity of more than 3 million twenty-foot equivalent units, the standard form of measurement in container shipping, and more than 400 vessels. Hapag-Lloyd currently has vessel capacity of 2.5 million TEU and 305 vessels, according to the company’s website.

The deal is expected to be completed by the end of this year, Hapag-Lloyd said. Any deal will require the consent of the state of Israel, Zim shareholders and regulators.

Zim is considered a strategic asset for the Israeli state. As part of the deal, Israel’s special stake in Zim will be transferred to a carved-out container business, which will be owned by Israeli private-equity firm FIMI, Hapag-Lloyd said. The new container line will start with 16 vessels, according to Hapag-Lloyd.

The move comes after Zim appointed an independent board that has spent the last several months conducting a strategic review to assess a range of options, including a sale of the company, capital allocation options and other measures to maximize shareholder value.

Zim recently reported a sharp drop in third-quarter earnings as freight rates tumbled and container volumes slipped, with the company warning that fourth-quarter conditions had weakened.