EarningsQ3 2026 Earnings Report
MX:AMTM Q3 2026 EPS Results
Actual EPS$11.57
Consensus EPS$10.55
Beat/MissBeat by +$1.02
One Year Ago EPS$9.67
MX:AMTM Q3 2026 Revenue Results
Actual Revenue$60.26B
Expected Revenue$61.68B
Beat/MissMissed by -$1.42B
YoY Revenue Growth-1.99%
Earnings Announcement Details
QuarterQ3 2026
Date08/10/2026
TimeAfter Close
Conference CallMonday, August 10, 2026
MX:AMTM Upcoming Earnings
Amentum Holdings, Inc.'s next earnings date is estimated for December 21, 2026, based on past reporting schedules.
Q3 2026 Earnings Call Audio
MX:AMTM Q3 2026 Earnings Call
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Q3 2026 Earnings Slide Deck
Q3 2026 Earnings Call Summary
Earnings Call Sentiment|Positive
The call presents a constructive operational and financial picture—strong margin expansion, EPS growth, robust bookings/backlog, capital structure improvement and meaningful strategic wins (notably in nuclear and digital infrastructure). These positives are tempered by near‑term revenue timing headwinds from protests, materials timing, and a newly quantified ~3% revenue impact from NASA in‑sourcing, plus a deliberate ~1% revenue reduction from exiting low‑margin work. Given the scale and quality of the wins, improved margins and cash generation, management raised profit guidance despite slightly weaker revenue, indicating confidence in execution and long‑term growth trajectory.Company Guidance
Revenue and Growth
Q3 revenue of $3.5B, normalized year-over-year growth ~1%; FY'26 revenue guidance updated to $13.8B–$13.95B (midpoint implies modest growth vs prior year).
Profitability Expansion
Adjusted EBITDA of $290M, up 6% year-over-year, with record quarterly adjusted EBITDA margin of 8.3% (up 60 basis points YoY).
Earnings Per Share and Cash Generation
Adjusted diluted EPS $0.67 in Q3, up 20% YoY; free cash flow of $135M in the quarter and $213M YTD; FY'26 adjusted diluted EPS guidance raised to $2.40–$2.50 and free cash flow guidance maintained at $525M–$575M.
Business Development and Backlog Strength
Net bookings of $3.9B in Q3, quarterly book-to-bill of 1.1x and trailing 12-month of 1.3x; ending backlog $48B and funded backlog up 10% YoY to $6.2B; $32B of pending awards and already exceeded $35B full-year submits target.
Notable Contract Wins and Strategic Partnerships
Third-quarter bookings included >$400M in commercial nuclear engineering/design work, $250M in critical digital infrastructure awards, >$1B in national security awards, and 2 long-term NASA IDIQs (COSMOS and CMOE); announced strategic partnerships with Rolls-Royce and Westinghouse.
Nuclear Energy Momentum and Large-Scale Opportunity
Total nuclear revenue currently ~$2B with ~$0.5B in global nuclear energy; selected to lead DOE consortium for Savannah River multi‑gigawatt nuclear + AI data center project (Amentum role expected to generate revenue in excess of $1B over project life and provide options for future economic interest).
Capital Structure Progress
Nearly $700M of debt repaid over the last 12 months and $125M repaid in the quarter; net leverage reduced to 3.0x (goal achieved one quarter early) with expectation to drop below 3x in Q4; refinancing lowered cost of debt.
Updated FY'26 Profit Guidance
Raising full‑year adjusted EBITDA guidance to $1.115B–$1.14B (midpoint margin ~8.1%, up 20 bps vs prior guidance and 40 bps vs FY'25) reflecting strong YTD operational performance and favorable mix shift.
MX: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