Quarterly ResultMay 12, 2026, 04:42 PM
Amentum H1 Net Income $98M, EPS $0.40; Revenue $6.72B
AI Summary
Amentum Holdings reported significantly improved net income and diluted earnings per share for the six months ended April 3, 2026, reaching $98 million and $0.40 respectively, compared to the prior year. However, total revenues saw a slight decrease to $6.72 billion, and net cash provided by operating activities also declined. The Digital Solutions segment experienced revenue growth, while the Global Engineering Solutions segment saw a decline.
Key Highlights
- Net income attributable to common shareholders for the six months ended April 3, 2026, increased to $98 million from $16 million YoY.
- Diluted EPS for the six months ended April 3, 2026, rose to $0.40 from $0.07 YoY.
- Revenues for the six months ended April 3, 2026, decreased slightly to $6.72 billion from $6.91 billion YoY.
- Digital Solutions segment revenue for the six months increased 6.9% to $2.81 billion YoY.
- Global Engineering Solutions segment revenue for the six months decreased 8.7% to $3.91 billion YoY.
- Net cash provided by operating activities for the six months was $89 million, down from $167 million YoY.
- Total debt, net of original issue discount and deferred financing costs, decreased to $3.93 billion from $3.94 billion.
- Remaining performance obligations stood at $10.1 billion as of April 3, 2026.