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Amentum Holdings, Inc. (AMTM)
NYSE:AMTM
Earnings Data
Report Date
May 12, 2026After Close (Confirmed)
Period Ending
2026 (Q2)Consensus EPS Forecast
0.57Last Year’s EPS
0.53Same Quarter Last Year
Moderate Buy
Based on 9 Analysts Ratings
Earnings Call Summary
Earnings Call Sentiment|Positive
The call conveyed strong execution with multiple strategic wins, solid bookings, backlog growth and margin improvement, and management reaffirmed full-year guidance while outlining a path to reduce leverage and improve liquidity. Most downside items were timing-related (government shutdown, JV contribution timing, protests) rather than structural, and management provided specific mitigants and visibility into recoveries. Given the breadth of wins, margin expansion, improved funded backlog and the reaffirmation of guidance, the positive operational and strategic developments substantially outweigh the near-term timing and cash flow challenges.Company Guidance
Revenue and Underlying Growth
Q1 revenue of $3.24 billion with underlying normalized growth of approximately 3% year-over-year after adjusting for JV transitions, divestitures and government shutdown impacts.
Profitability and EPS Expansion
Adjusted EBITDA of $263 million with margin expansion to 8.1% (up 40 basis points year-over-year); adjusted diluted EPS of $0.54, up 6% year-over-year.
Robust Bookings and Backlog
Net bookings of $3.3 billion in the quarter; quarter book-to-bill of 1.0x and last 12 months book-to-bill of 1.1x (imputed LTM book-to-bill 1.3x including strategic JVs); backlog grew 4% to over $47 billion with $23 billion in proposals awaiting award.
Funded Backlog and Pipeline
Funded backlog increased to approximately $7 billion, up 23% from the prior quarter, providing improved near-term revenue visibility alongside $23 billion in pending awards.
Meaningful Strategic Wins — Nuclear and International
Nearly $1 billion of nuclear-related awards in Q1; selected by Rolls‑Royce (post-quarter) as global program delivery partner for SMRs; awarded a 10-year $730 million EDF contract (U.K.) and a 5-year $207 million contract in the Netherlands — underscoring strength in accelerating global nuclear energy market.
Key Contract Awards Across Portfolio
Other notable awards include a U.S. Air Force 6-year single-award IDIQ (ceiling up to $995 million) for unmanned sustainment/modernization/training, DISA Compute-as-a-Service (5-year, $120 million), and a 3-year $270 million foreign military C5ISR contract, demonstrating breadth and diversification.
Segment Performance — Digital and Global Engineering
Digital Solutions revenue $1.34 billion (reported growth 4%, normalized growth 8%) with adjusted EBITDA $103 million (7.7% margin); Global Engineering Solutions revenue $1.9 billion with adjusted EBITDA $160 million and margin expansion to 8.4% (up 80 basis points YoY).
Liquidity, Capital Structure and Credit Improvement
Cash on hand of $247 million, fully undrawn $850 million revolver, no near-term maturities, and a Moody’s upgrade that lowered Term Loan B interest by 25 basis points; reiterated target to reduce net leverage to less than 3x by year-end.
Guidance Reaffirmed and Free Cash Flow Outlook
Reaffirmed FY2026 guidance: revenue $13.95–$14.30 billion; adjusted EBITDA $1.10–$1.14 billion; adjusted diluted EPS $2.25–$2.45; free cash flow $525–$575 million. Management expects roughly 25% of remaining free cash flow in Q2 and strong Q4 seasonality.
Strategic Positioning in Space and Digital Infrastructure
Management emphasized three accelerating growth markets (Space Systems & Technologies, critical digital infrastructure, global nuclear energy) with long-term demand visibility and attractive margin profiles; positioned on key vehicles (e.g., SHIELD IDIQ) and ramping Space Force Range work.
AMTM Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
AMTM Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
Feb 09, 2026 | $36.59 | $32.06 | -12.38% |
Nov 24, 2025 | $25.37 | $30.00 | +18.25% |
Aug 05, 2025 | $25.31 | $25.74 | +1.70% |
May 06, 2025 | $22.11 | $21.11 | -4.52% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
FAQ
When does Amentum Holdings, Inc. (AMTM) report earnings?
Amentum Holdings, Inc. (AMTM) is schdueled to report earning on May 12, 2026, After Close (Confirmed).
What is Amentum Holdings, Inc. (AMTM) earnings time?
Amentum Holdings, Inc. (AMTM) earnings time is at May 12, 2026, After Close (Confirmed).
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is AMTM EPS forecast?
AMTM EPS forecast for the fiscal quarter 2026 (Q2) is 0.57.