Amentum Holdings, Inc. (AMTM)
NYSE:AMTM
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Earnings Data
Report Date
Aug 11, 2026After Close (Confirmed)
Period Ending
2026 (Q3)Consensus EPS Forecast
0.61Last Year’s EPS
0.56Same Quarter Last Year
Based on 7 Analysts Ratings
Earnings Call Summary
Earnings Call Sentiment|Positive
The call conveyed strong operational and financial momentum: modest organic revenue growth, margin expansion (notably a 100-basis-point improvement in Global Engineering Solutions), a meaningful bookings cadence (book-to-bill ~1.2x) and a rebound in quarterly free cash flow. Management reinforced FY26 guidance, completed capital structure improvements that lowered borrowing costs (~50 bps) and reiterated strategic positioning in accelerating markets (CDI, nuclear, space). Near-term headwinds are limited and identifiable — Digital Solutions margin pressure during program ramps, impacts from JV transitions/divestitures, seasonality of cash flow, and a modest potential FY27 revenue effect from a NASA directive — but these do not materially outweigh the positive execution and growth catalysts discussed.Company Guidance
Revenue Growth and Profitability
Second quarter revenue of $3.5 billion, reflecting normalized year-over-year growth of ~3%. Adjusted EBITDA of $275 million with margins of 7.9% (up ~20 basis points year-over-year). Adjusted diluted EPS of $0.60, up 13% year-over-year.
Strong Bookings and Backlog Expansion
Net bookings of $4.0 billion in the quarter, trailing-12-month book-to-bill of 1.2x (1.3x on an imputed basis including JVs). Ending backlog near $48 billion, up ~7% year-over-year; funded backlog of $6.9 billion, up ~20% year-over-year. Over $20 billion in first-half submits and $26 billion in proposals awaiting award (~65% new business).
Free Cash Flow Rebound
Quarterly free cash flow of $220 million driven by recovered collections; first-half free cash flow of $78 million and full-year free cash flow guidance reaffirmed at $525–$575 million, consistent with seasonality and expectation of strong fourth-quarter collections.
Capital Structure Enhancement and Lower Cost of Debt
Post-quarter refinancing included a new $1.4 billion Term Loan A to pay down and reprice Term Loan B, and an increase in revolving credit capacity to $1.0 billion. Actions plus a Moody's upgrade reduced weighted average cost of debt by ~50 basis points and support target net leverage below 3x by fiscal-year end.
Digital Solutions Revenue Acceleration
Digital Solutions segment revenue of $1.5 billion, up ~10% driven by ramps in critical digital infrastructure and space systems. Continued strong demand in CDI and space-related markets noted.
Margin Expansion in Global Engineering Solutions
Global Engineering Solutions revenue of $2.0 billion. Adjusted EBITDA of $170 million and adjusted EBITDA margin expanded ~100 basis points year-over-year to 8.5%, driven by higher-margin mix (fixed price), JV equity income and cost synergy benefits.
Major Contract Wins and Strategic Awards
Notable awards include a 14-year, $406 million GB Nuclear SMR contract (Amentum-led JV); a 2-year, $112 million European Commission decommissioning/waste contract (JV); a 5-year, $425 million CALFIRE aviation contract; $300M+ in intelligence awards; and $600M+ in critical digital infrastructure awards supporting telecom, hyperscalers and retrofits for AI workloads.
Market Tailwinds and Strategic Positioning (CDI, Nuclear, Space)
Company highlights large addressable markets: data center demand cited as growing ~29% annually, edge expected to grow ~36% annually through 2030, and overall CDI end market expected to grow 10%+ annually. Amentum positions ~ $4 billion of annual revenue in accelerating growth markets with accretive margins.
Guidance Reaffirmation
Reaffirmed fiscal-year 2026 guidance: revenue $13.95–$14.3 billion; adjusted EBITDA $1.10–$1.14 billion; adjusted diluted EPS $2.25–$2.45; free cash flow $525–$575 million.
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 |
|---|---|---|---|
May 11, 2026 | $23.94 | $24.31 | +1.55% |
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% |
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 Aug 11, 2026, After Close (Confirmed).
What is Amentum Holdings, Inc. (AMTM) earnings time?
Amentum Holdings, Inc. (AMTM) earnings time is at Aug 11, 2026, After Close (Confirmed).
Where can I see when companies are reporting earnings?
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What companies are reporting earnings today?
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What is AMTM EPS forecast?
AMTM EPS forecast for the fiscal quarter 2026 (Q3) is 0.61.