Denver, Colorado - This morning’s market tone is being shaped by a mix of defense contract wins, fintech profitability surges, aggressive capital returns, and accelerating quantum ambitions.
NAPC Defense Lands $38 Million in Government Task Orders
NAPC Defense (OTCID:BLIS) is following through, after announcing
$38.17 million in new and recently finalized U.S. government task orders through its strategic partner Obera LLC. The awards fall under existing U.S. Department of Defense and Department of State contract vehicles, with performance stretching into 2032.
The $38 million represents Obera’s hard backlog through January 2027, nested within broader Indefinite Delivery, Indefinite Quantity (IDIQ) frameworks that carry significantly higher potential ceilings. The work spans logistics, training, systems integration, sustainment, and global security assistance programs including NAVSUP WEXMAC, ACC AMIC CNGT, and DOS GLOBALCAP.
For NAPC Defense, which holds exclusive U.S. manufacturing and distribution rights to the CornerShot USA tactical system, the announcement marks a foundational shift toward sustained, contract-based revenue visibility. Management characterized the Obera transaction as a launchpad for building a long-term U.S. government contracting platform.
With performance visibility extending six years and exposure to global defense logistics channels, BLIS steps into 2026 with tangible backlog, a notable development in the OTC defense space.
Sezzle Delivers Breakout Year, Raises 2026 Outlook
Sezzle (NASDAQ:SEZL) reported a transformative fourth quarter and fiscal year 2025, highlighted by record GMV, expanding margins, and raised 2026 guidance.
Fourth quarter GMV reached a record $1.2 billion, up 35.3% year over year, while revenue climbed 32.2% to $129.9 million. Net income per diluted share hit $1.21, up more than 70% year over year. For the full year, revenue surged 66.1% to $450.3 million, and net income jumped nearly 70% to $133.1 million.
Margins expanded meaningfully as transaction-related costs declined to 4.0% of GMV in Q4, reflecting improved credit performance and underwriting discipline. Adjusted EBITDA for the year more than doubled to $187.7 million.
Looking ahead, Sezzle raised its FY2026 adjusted net income per diluted share guidance to $4.70 from $4.35 and introduced revenue growth guidance of 25–30%. The company also authorized a new $100 million share repurchase program after completing a prior $50 million buyback and joined the S&P SmallCap 600 Index in December 2025.
With 918,000 Monthly On-Demand & Subscribers and a 51% increase in app sessions by year-end, Sezzle enters 2026 emphasizing ecosystem expansion, AI-powered “Agentic Commerce,” and the upcoming Sezzle Mobile wireless offering.
Opera Beats, Expands Buyback to $300 Million
Opera (NASDAQ:OPRA) delivered fourth quarter results ahead of expectations, with revenue up 22% year over year to $177.2 million and adjusted EBITDA rising 27% to $41.9 million.
Full-year revenue climbed 28% to $614.8 million, with adjusted EBITDA reaching $142.5 million. Advertising revenue grew 25% in Q4, fueled by strong e-commerce monetization, while query revenue rose 16%.
Opera announced a substantial $300 million share repurchase authorization over two years, complementing its semi-annual dividend program. The buyback represents a meaningful capital return initiative relative to the company’s market capitalization.
The company guided 2026 revenue to $720–$735 million and adjusted EBITDA of $167–$172 million, maintaining margin discipline at roughly 23%.
With 284 million monthly active users and MiniPay reaching 13 million activated wallets, Opera continues positioning itself at the intersection of AI-enabled browsing and digital financial services.
D-Wave’s Revenue Soars 179%, Liquidity Hits Record High
D-Wave Quantum (NYSE:QBTS) posted one of the most dramatic growth profiles of the morning, with fiscal 2025 revenue surging 179% year over year to $24.6 million and gross profit up 265%.
The company ended the year with a record $884.5 million in cash and marketable securities following warrant exercises and capital activity. Fourth quarter bookings reached $13.4 million, and year-to-date 2026 bookings have already exceeded $32.8 million.
Strategically, D-Wave completed its acquisition of Quantum Circuits and highlighted advancements in error-detecting gate-model systems alongside its annealing Advantage2™ platform. The company also announced a $20 million system purchase from Florida Atlantic University and a $10 million enterprise QCaaS agreement with a Fortune 100 customer.
Despite a GAAP net loss of $355.1 million for the year, driven largely by non-cash warrant remeasurement charges, adjusted operating metrics reflect expanding enterprise demand and scaling commercialization efforts.
Joby’s Revenue Jumps
Joby Aviation (NYSE:JOBY) delivered a pivotal fourth quarter as it edges closer to commercial launch of its electric vertical takeoff and landing (eVTOL) aircraft. While the company reported an EPS loss of $0.22, slightly wider than consensus, revenue of $30.84 million significantly exceeded expectations, driven largely by a full quarter contribution from Blade and a one-time demonstration revenue item. More importantly, the operational narrative overshadowed near-term earnings volatility: certification progress accelerated, manufacturing scaled, and the balance sheet expanded meaningfully.
The headline achievement was certification momentum. Joby recorded an 18-point advance in Stage 4 of the FAA type certification process, a record quarterly increase, underscoring regulatory traction as it prepares its first FAA-conforming aircraft for Type Inspection Authorization (TIA) flight testing. Management reiterated expectations to carry its first passengers in Dubai in 2026 and to begin early U.S. operations under the White House-backed eVTOL Integration Pilot Program (eIPP). That shift, from “when will we launch?” to “how fast can we scale?”, marks a notable inflection in tone.
Manufacturing expansion is now front and center. Joby signed an agreement to acquire a 700,000+ square foot production facility in Dayton, Ohio, targeting output of four aircraft per month in 2027, double prior plans. The company ended Q4 with $1.4 billion in cash and short-term investments and subsequently added approximately $1.2 billion more in early 2026 financing, giving it one of the strongest liquidity positions in the sector. Management guided first-half 2026 cash usage of $340–$370 million, reflecting heavy certification and production ramp investments. The strategy is clear: fund certification aggressively while building capacity ahead of anticipated demand in Dubai and potential U.S. markets.
Beyond its commercial platform, Joby also advanced a hybrid turbine-electric autonomous demonstrator in partnership with L3Harris, achieving first flight just three months after unveiling the concept. That speed reflects deep vertical integration and signals growing defense and dual-use ambitions. Meanwhile, the Blade acquisition continues to anchor near-term revenue guidance of $105–$150 million for 2026, providing a seasonal but operationally stable commercial bridge as Joby prepares to transition from helicopters to electric aircraft in key urban corridors.
Yesterday’s news with Uber Technologies (NYSE:UBER) added a critical distribution catalyst. The companies introduced the “Get Ready for Takeoff” campaign, previewing how riders will book Joby’s all-electric air taxi directly inside the Uber app. The integration promises one-tap booking, seamless Uber Black ground transfers, and access to a four-passenger aircraft capable of speeds up to 200 mph with a range of 100 miles. With commercial passenger service expected to begin in Dubai this year, the Uber partnership addresses a key commercialization question: not just aircraft readiness, but demand aggregation and multimodal integration. By embedding air taxis inside a global mobility platform, Joby reduces friction to adoption and gains immediate consumer visibility.
Overall, Joby’s fourth quarter reinforced that 2026 is shaping up as a make-or-break execution year. Certification milestones, Dubai passenger flights, potential U.S. eIPP deployments, manufacturing ramp decisions, and Uber integration collectively form a dense catalyst calendar. While losses remain significant and capital intensity is high, regulatory progress and balance sheet strength give the company runway. The market’s next focus will likely center on TIA flight testing cadence and confirmation of first revenue-generating passenger operations—milestones that would transition Joby from promise to proof.
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PAID EDITORIAL DISCLOSURE: This is a paid editorial communication intended for informational purposes only. 24/7 is a third-party media provider that will be compensated by NAPC to publish a series of announcements today and potentially provide ongoing NAPC market outreach and other services.. This press release may include technical analysis and should not be construed as financial or investment advice. Trading stocks involves risks, and readers should consult with their financial advisor before making investment decisions.