ATS Q4 Revenue $747.1M; Net Loss Narrows to $16.2M; Restructuring
ATS Corporation reported fourth quarter fiscal 2026 revenues of $747.1 million, a 30.1% increase year-over-year, with net loss narrowing significantly to $16.2 million from $68.9 million in the prior year. For the full fiscal year 2026, revenues grew 17.4% to $2,972.9 million, achieving a net income of $71.7 million compared to a loss of $28.0 million last year. The company undertook decisive steps to restructure its transportation-related businesses, consolidating operations and right-sizing its facility footprint, incurring $15.2 million in restructuring charges for the quarter. ATS expects modest revenue growth and a 50-75 basis point improvement in adjusted earnings from operations margin for fiscal 2027, with Q1 2027 revenues projected between $700 million and $740 million.
Key Highlights
- Q4 Revenues were $747.1 million, a 30.1% increase year-over-year.
- Q4 Net loss narrowed to $16.2 million, a 76.5% improvement from $68.9 million loss YoY.
- Q4 Adjusted EBITDA increased 5.6% to $102.5 million.
- Q4 Order Bookings decreased 18.4% to $704 million.
- Full-year Revenues grew 17.4% to $2,972.9 million.
- Full-year Net income was $71.7 million, compared to a $28.0 million loss YoY.
- Restructuring charges of $15.2 million were recorded in Q4 2026, totaling $23.1 million for the year.
- Forecasts Q1 Fiscal 2027 revenues in the range of $700 million to $740 million.
Price Impact
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