---
schema_version: "secwatch.filing_event.v1"
accession: "0001124198-25-000009"
form_type: "8-K"
ticker: "FLR"
cik: "0001124198"
company_name: "FLUOR CORP"
filed_at: "2025-05-02T23:59:59+00:00"
generated_at: "2026-05-22T22:04:38.555626+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Fluor Q1 adj EPS $0.73 up 55%; revenue $4.0B +7%; targets $600M buybacks

## Summary
- Revenue $4.0B (+7% y/y); GAAP net loss $241M includes $477M mark-to-market loss on NuScale and $84M claim adjustment.
- Adjusted EPS $0.73 (+55% y/y); adjusted EBITDA $155M (+76% y/y); segment profit $131M (+11% y/y).
- New awards $5.8B (down 17% y/y); backlog $28.7B (down 12.3% y/y); 79% reimbursable.
- Accelerated Q1 share repurchases $142M; targeting $600M for 2025; G&A down 39% y/y.
- Company maintains 2025 guidance; operating cash flow guidance $450-$500M.

## SEC filing metadata
- accession: 0001124198-25-000009
- form_type: 8-K
- ticker: FLR
- cik: 0001124198
- company_name: FLUOR CORP
- filed_at: 2025-05-02T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 5.07, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1124198/000112419825000009/0001124198-25-000009-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1124198/000112419825000009/flr-20250430.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001124198-25-000009
- JSON: https://secwatch.observer/filing/0001124198-25-000009.json
- Plain text: https://secwatch.observer/filing/0001124198-25-000009.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.