Revenue for 2025 increased by 14.6% to $838.7 million, up from $731.6 million in 2024. The company reported a net loss of $(130.2) million in 2025, compared to a net income of $134.8 million in 2024, primarily due to $193.2 million in equity restructuring costs and $147.4 million in non-cash equity-based compensation related to the IPO and Reorganization Transactions. Adjusted Net Income for 2025 was $217.0 million, up from $136.4 million in 2024, reflecting strong underlying operational performance. Adjusted EBITDA for 2025 was $226.3 million, up from $142.7 million in 2024. Client groups increased by 5.6% to 12,350 in 2025, from 11,700 in 2024, and client engagements grew by 10.6% to 22,450. Client groups with minimum annual revenue over $250,000 increased from 629 in 2024 to 687 in 2025. Total employees grew to 2,296 as of December 31, 2025, from 2,187 in 2024, with an attrition rate of 14.2%. The company completed its Initial Public Offering (IPO) on December 18, 2025, issuing 12,650,000 shares of Class A common stock at $16.00 per share, generating net proceeds of $188.2 million. Andersen Group Inc. became a holding company through Reorganization Transactions, with its sole material asset being indirect ownership interests in Andersen Tax Holdings LLC. The company is a controlled company, with Andersen Aggregator LLC holding approximately 98.7% of the combined voting power of outstanding capital stock as of December 31, 2025.