earnings
confidence high
sentiment negative
materiality 0.80
AECOM Q3 FY26 net loss $84M on $337M project charge; backlog record $27.8B
AECOM
- GAAP net loss $84M ($0.65 EPS) on $3.59B revenue, -14% YoY; includes $337M pre-tax Construction Management charge.
- Excl. charge: adjusted EPS $1.49 (+11%), adjusted EBITDA $329M (+5%), segment margin 16.5% (-60bps).
- Backlog record $27.8B, +13% YoY; book-to-burn 1.6; Americas design +6%, International NSR +4%.
- FY26 guidance cut: adj. EPS $3.95-4.15, NSR $7.30-7.35B, FCF ~$300M; excl. charge EPS $5.90-6.10, NSR $7.65-7.70B.
- International strong: revenue $953M +6%, adj. operating income $114M +26%, margin 14.3% +240bps.