EarningsQ3 2026 Earnings Report
MX:ARMK Q3 2026 EPS Results
Actual EPS$9.44
Consensus EPS$8.81
Beat/MissBeat by +$0.64
One Year Ago EPS$7.26
MX:ARMK Q3 2026 Revenue Results
Actual Revenue$91.86B
Expected Revenue$89.65B
Beat/MissBeat by +$2.21B
YoY Revenue Growth+9.33%
Earnings Announcement Details
QuarterQ3 2026
Date08/11/2026
TimeBefore Open
Conference CallTuesday, August 11, 2026
MX:ARMK Upcoming Earnings
ARAMARK Holdings's next earnings date is estimated for November 17, 2026, based on past reporting schedules.
Q3 2026 Earnings Call Audio
MX:ARMK Q3 2026 Earnings Call
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Q3 2026 Earnings Slide Deck
Q3 2026 Earnings Call Summary
Earnings Call Sentiment|Positive
The call conveyed strong, broad-based operational and financial momentum: solid top-line organic growth (9% reported; ~11% adjusted for calendar shift), record client retention (~98%), substantial new business wins (+51% YoY YTD), international strength (+11% organic) and notable profitability gains (operating income +18%, AOI up 13%, adjusted EPS +~30%). Aramark Nexus emerged as a material growth and margin opportunity (early mobilizations, scope +40% on a hyperscaler site, $400M–$500M target revenue ramp into FY27–'28) but remains early, lumpy and dependent on client ramp schedules and external permitting/regulatory timing. Management also flagged modest near-term headwinds from calendar timing, mobilization costs, higher capex/working capital and competitive dynamics in Nexus. Overall, positives (revenue, bookings, retention, margin expansion, cash actions) meaningfully outweigh the execution and timing risks called out.Company Guidance
Strong Revenue Growth
Company organic revenue grew 9% to $5.0B in Q3; would have increased ~2 percentage points further (~11% YoY) if not for a calendar shift. Growth was broad-based across net new business and base business.
Record Client Retention
Industry-leading client retention of approximately 98%, underscoring strong client relationships and execution.
Robust New Business Wins
New client wins totaled more than $1.6B fiscal year-to-date, a 51% increase versus the comparable prior year period.
Aramark Nexus Traction
Began operations at first Texas Nexus site (late Q3 contribution), mobilizing a second site; scope on the hyperscaler engagement expected to increase ~40% from initial estimates. Management cited 8 Nexus sites signed/under development and expects $400M–$500M of annualized Nexus revenue to ramp over fiscal '27–'28, with Nexus margins above company average.
FSS U.S. and International Outperformance
FSS U.S. organic revenue rose 8% to $3.5B (would have been >10% excluding calendar shift); Education would have grown >7% absent the shift (expected to be recaptured in Q4). International organic revenue increased 11% to $1.5B, led by Spain, Canada, UK and Germany.
Profitability and Margin Expansion
Operating income increased 18% to $216M; adjusted operating income (AOI) up 13% to $261M with AOI margin expansion ~20 basis points. Management noted AOI would have grown ~21% without the calendar shift with ~50 bps margin expansion on a constant-currency basis.
Earnings Per Share Improvement
GAAP EPS of $0.36 and adjusted EPS of $0.52, with adjusted EPS rising nearly 30% YoY (and ~45% excluding the calendar shift).
Cash Flow and Balance Sheet Actions
Net cash provided by operating activities increased by $41M and free cash flow increased by $42M in the quarter. The company repaid $100M of term loans post-quarter and had over $1.4B in cash availability; reiterated target to achieve leverage below 3x by fiscal year-end.
Global Supply Chain Momentum
Global supply chain and GPO (Avendra International) delivered more than $1.1B of annualized new spend FYTD, contributing to supply chain efficiencies and favorable procurement economics.
Sustained Growth in Workplace & Refreshments
Workplace Experience and Refreshments achieved double-digit compounded growth for the 19th consecutive quarter, driven by new business and high retention.
MX:ARMK 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