---
schema_version: "secwatch.filing_event.v1"
accession: "0001124198-25-000076"
form_type: "8-K"
ticker: "FLR"
cik: "0001124198"
company_name: "FLUOR CORP"
filed_at: "2025-11-07T23:59:59+00:00"
generated_at: "2026-05-16T22:55:32.215134+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Fluor Q3 GAAP net loss $697M includes $653M Santos charge; adj EPS $0.68 beats, guidance raised

## Summary
- GAAP net loss $697M ($4.30 diluted EPS) includes $653M charge from Santos ruling and $401M reduction in NuScale share price.
- Adjusted EBITDA $161M (+29% y/y); adjusted EPS $0.68 (+33% y/y); revenue $3.4B (-18% y/y).
- New awards $3.3B (99% reimbursable); backlog $28.2B (82% reimbursable); operating cash flow $286M.
- Company raised 2025 guidance for adjusted EPS, EBITDA and operating cash flow; targeting $800M more in share repurchases through Feb.
- NuScale: net proceeds of $605M from conversion of 15M shares; remaining 111M shares expected fully monetized by Q2 2026.

## SEC filing metadata
- accession: 0001124198-25-000076
- form_type: 8-K
- ticker: FLR
- cik: 0001124198
- company_name: FLUOR CORP
- filed_at: 2025-11-07T23:59:59+00:00
- event_type: earnings
- sentiment: neutral
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1124198/000112419825000076/0001124198-25-000076-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1124198/000112419825000076/flr-20251107.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001124198-25-000076
- JSON: https://secwatch.observer/filing/0001124198-25-000076.json
- Plain text: https://secwatch.observer/filing/0001124198-25-000076.txt

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