---
schema_version: "secwatch.filing_event.v1"
accession: "0001124198-26-000063"
form_type: "8-K"
ticker: "FLR"
cik: "0001124198"
company_name: "FLUOR CORP"
filed_at: "2026-05-08T23:59:59+00:00"
generated_at: "2026-05-14T19:45:35.723475+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# Fluor Q1 revenue $3.6B (-8% YoY); GAAP EPS $1.08, adjusted $0.14; repurchases $516M

## Summary
- Revenue $3.6B (-8% YoY); GAAP net earnings $160M ($1.08 EPS); adjusted EBITDA $60M; adjusted EPS $0.14.
- Operating cash flow $110M (strongest Q1 in 9 years) vs -$286M y/y; full-year guidance maintained at $300M.
- New awards $2.7B (-54% YoY); backlog $25.7B (82% reimbursable); legacy project backlog down to $169M.
- Share repurchases $516M in Q1; targeting $1.4B for 2026; cash & marketable securities $3.2B at quarter end.
- Completed sale of NuScale investment generating $2.4B since Sep 2025; divested China fabrication yard for $124M.

## SEC filing metadata
- accession: 0001124198-26-000063
- form_type: 8-K
- ticker: FLR
- cik: 0001124198
- company_name: FLUOR CORP
- filed_at: 2026-05-08T23:59:59+00:00
- event_type: earnings
- sentiment: neutral
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 2.02, 5.07, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1124198/000112419826000063/0001124198-26-000063-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1124198/000112419826000063/flr-20260506.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001124198-26-000063
- JSON: https://secwatch.observer/filing/0001124198-26-000063.json
- Plain text: https://secwatch.observer/filing/0001124198-26-000063.txt

## Source-grounded claims
- claim_id: bee19b399c314c11ed9adb8f95b53a2a36636c65
  claim: FLUOR CORP reported first quarter ended March 31, 2026 results: revenue $3.6 billion, net income $160 million, EPS $1.08. Guidance reaffirmed.
  evidence_excerpt: model and strong liquidity, we are positioned to convert our growing pipeline, expand margins, and deliver sustained profitable growth.” Q1 2026 Highlights: ◦ Revenue of $3.6 billion, down 8% y/y ◦ GAAP net earnings attributable to Fluor of $160 million ◦ Adjusted EBITDA [1] of $60 million ◦ EPS of $1.08; adjusted EPS [1] of $0.14 ◦ Consolidated segment
  evidence_url: https://www.sec.gov/Archives/edgar/data/1124198/000112419826000063/0001124198-26-000063-index.htm

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