Quarterly ResultMay 11, 2026, 05:12 PM
Amentum Q2 Net Income $54M (+1250%), EPS $0.22; Reaffirms FY26 Guidance
AI Summary
Amentum Holdings, Inc. reported strong second quarter fiscal year 2026 results, with net income soaring to $54 million and diluted EPS reaching $0.22. The company's revenues remained consistent at $3.5 billion, while Adjusted EBITDA grew 3% to $275 million. Amentum also announced a significant increase in its total backlog to $47.8 billion and successfully refinanced its debt with a new $1.4 billion Term Loan A, strengthening its capital structure. The company reaffirmed its full-year 2026 guidance, reflecting confidence in continued performance.
Key Highlights
- Q2 Revenues were $3,478 million, consistent year-over-year.
- Q2 Net Income surged to $54 million, a 1250% increase year-over-year.
- Q2 Diluted Earnings Per Share rose to $0.22, up 1000% year-over-year.
- Adjusted EBITDA for Q2 was $275 million, a 3% increase year-over-year.
- Total backlog reached $47.8 billion, growing 7% year-over-year, with a 1.2x book-to-bill ratio.
- Issued a new $1.4 billion Term Loan A to repay and reprice Term Loan B, enhancing capital structure.
- Digital Solutions segment revenue increased 10% year-over-year to $1,468 million.
- Company reaffirmed its full-year 2026 guidance for all key financial metrics.