Inferra AI / Company / ACM
Aecom
ACM · Industrials
Last earnings Aug 10, 2026
Key results
Change Net Service revenuequarter
2 %
Project Charge YoY % Change Net Service Revenue (NSR) 1 $ 1,609 $ 337 $ 1,946 2 % Segment Adj.
SEC original ↗Aecom — Earnings release (8-K exhibit)EX-99Aug 10, 2026
Operating marginquarter
16.5 %
Operating Margin (1.0 )% 1,750 bps 16.5 % (60 ) bps Adj.
SEC original ↗Aecom — Earnings release (8-K exhibit)EX-99Aug 10, 2026
Free cash flowfull-year
$300 million
· As a result, the Company is now projecting full year free cash flow of approximately $300 million.
SEC original ↗Aecom — Earnings release (8-K exhibit)EX-99Aug 10, 2026
Revenuequarter
$3.6 billion
” Third Quarter Summary: · Reflecting as reported GAAP performance from continuing operations, third quarter revenue of $3.6 billion reflected a 14% decrease over the prior year; the Company also reported an operating loss of $76 million, net loss of $84 million and diluted loss per share of $0.65.
SEC original ↗Aecom — Earnings release (8-K exhibit)EX-99Aug 10, 2026
· Net service revenue 1 increased by 4% in the design business and increased 5% when adjusted for a fewer working day compared to the prior year period, driven by 6% and 4% growth in the Americas and International, respectively.
SEC original ↗Aecom — Earnings release (8-K exhibit)EX-99Aug 10, 2026
· Excluding the Construction Management charge, both the segment adjusted 2 operating margin 3 and the adjusted 2 EBITDA margin 4 would have decreased by 60 basis points to 16.5% and 17.0%, respectively.
SEC original ↗Aecom — Earnings release (8-K exhibit)EX-99Aug 10, 2026
Free cash flowquarter
$300 million
Free cash flow 8 of approximately $300 million.
SEC original ↗Aecom — Earnings release (8-K exhibit)EX-99Aug 10, 2026
Adjusted operating marginquarter
17.0%
- A segment adjusted operating margin 3 of 17.0% and an adjusted EBITDA margin 4 of 17.4%.
SEC original ↗Aecom — Earnings release (8-K exhibit)EX-99Aug 10, 2026
AI analysis
Latest earnings event · reported Aug 10, 2026
Based on: Earnings release + parent 8-K — transcript not held
The quarter in charts
Headline figures
| Metric | Latest earnings event | Prior qtr | Year ago |
|---|---|---|---|
| Change Net Service revenue | 2 % | — | — |
| Operating margin | 16.5 % | — | — |
| Revenue | $3.6 billion | — | — |
| Free cash flow | $300 million | — | — |
| Adjusted operating margin | 17.0% | — | — |
Guidance · company-stated
Direction: Lowered
“6 book-to-burn ratio · Updated fiscal 2026 financial guidance to reflect the financial impacts from the Construction Management project charge, including impacts to cash flow, and lower fiscal 2026 NSR growth expectations DALLAS (August 10, 2026) — AECOM (NYSE:ACM), the trusted global infrastructure leader, today reported third quarter fiscal 2026 results.”
“· The Company’s guidance also contemplates higher than expected margin performance excluding the Construction Management charge, offset by lower expected NSR growth primarily attributable to delayed project starts in the Construction Management business and ongoing conflict in the Middle East.”
Classified from the release's primary full-year outlook statement.
Margin
Cash flow & capex
Capital allocation
· The Company remains committed to its returns-based capital allocation policy, which in the near-term will be prioritized towards its organic growth investments and its quarterly dividend program.
8 Free cash flow is defined as cash flow from operations less capital expenditures, net of proceeds from disposals of property and equipment; free cash flow conversion is defined as free cash flow divided by adjusted net income attributable to AECOM.
Event summary
EPS $ (0.50 ) $ 1.99 $ 1.49 11 % · Included in AECOM’s third quarter results is a $337 million pre-tax charge resulting from a higher projected cost to complete a Construction Management project
Based on: Earnings release + parent 8-K — transcript not held
Guidance & outlook
Direction: Lowered
Company outlook: “6 book-to-burn ratio · Updated fiscal 2026 financial guidance to reflect the financial impacts from the Construction Management project charge, including impacts to cash flow, and lower fiscal 2026 NSR growth expectations DALLAS (August 10, 2026) — AECOM (NYSE:ACM), the trusted global infrastructure leader, today reported third quarter fiscal 2026 results.”
Margin: “· The Company’s guidance also contemplates higher than expected margin performance excluding the Construction Management charge, offset by lower expected NSR growth primarily attributable to delayed project starts in the Construction Management business and ongoing conflict in the Middle East.”
Company outlook — Lowered (“lower”)
“6 book-to-burn ratio · Updated fiscal 2026 financial guidance to reflect the financial impacts from the Construction Management project charge, including impacts to cash flow, and lower fiscal 2026 NSR growth expectations DALLAS (August 10, 2026) — AECOM (NYSE:ACM), the trusted global infrastructure leader, today reported third quarter fiscal 2026 results.”
Margin — Lowered (“lower”)
“· The Company’s guidance also contemplates higher than expected margin performance excluding the Construction Management charge, offset by lower expected NSR growth primarily attributable to delayed project starts in the Construction Management business and ongoing conflict in the Middle East.”
Classified from the release's primary full-year outlook statement.
Capital allocation
· The Company remains committed to its returns-based capital allocation policy, which in the near-term will be prioritized towards its organic growth investments and its quarterly dividend program.
SEC original ↗Aecom — Earnings release (8-K exhibit)EX-99Aug 10, 2026
8 Free cash flow is defined as cash flow from operations less capital expenditures, net of proceeds from disposals of property and equipment; free cash flow conversion is defined as free cash flow divided by adjusted net income attributable to AECOM.
SEC original ↗Aecom — Earnings release (8-K exhibit)EX-99Aug 10, 2026
9 Net leverage is comprised of EBITDA as defined in the Company’s credit agreement dated October 17, 2014, as amended, and total debt on the Company’s financial statements, net of total cash and cash equivalents.
SEC original ↗Aecom — Earnings release (8-K exhibit)EX-99Aug 10, 2026
We use free cash flow to present the cash generated from operations after capital expenditures to maintain our business.
SEC original ↗Aecom — Earnings release (8-K exhibit)EX-99Aug 10, 2026
Strategy & priorities
“As a result, we are able to operate with certainty while continuing to invest in organic growth initiatives that underpin the expanding value we deliver to clients.
SEC original ↗Aecom — Earnings release (8-K exhibit)EX-99Aug 10, 2026
· The Company remains committed to its returns-based capital allocation policy, which in the near-term will be prioritized towards its organic growth investments and its quarterly dividend program.
SEC original ↗Aecom — Earnings release (8-K exhibit)EX-99Aug 10, 2026
This decline is primarily driven by record amounts of business development activity and the timing of Construction Management project starts, which was partially offset by benefits from a continued focus on driving operating efficiencies across the business.
SEC original ↗Aecom — Earnings release (8-K exhibit)EX-99Aug 10, 2026
Eastern Time, during which management will make a brief presentation focusing on the Company's results, strategy and operating trends, and outlook.
SEC original ↗Aecom — Earnings release (8-K exhibit)EX-99Aug 10, 2026
Risks & headwinds
· The Company is pursuing claims related to its work on the project and confidence in recovery has been validated by successes on initial matters that have been ruled upon to date; however, it will likely take several years and litigation to fully resolve all matters.
SEC original ↗Aecom — Earnings release (8-K exhibit)EX-99Aug 10, 2026
Cash Flow and Capital Allocation · Cash flow excluding the impact of the Construction Management project remains strong and AECOM expects to deliver on its long-term 100%+ free cash flow conversion target once the Construction Management project headwinds subside.
SEC original ↗Aecom — Earnings release (8-K exhibit)EX-99Aug 10, 2026
As a trusted professional services firm powered by deep technical abilities, we solve our clients’ complex challenges in water, environment, energy, transportation and buildings.
SEC original ↗Aecom — Earnings release (8-K exhibit)EX-99Aug 10, 2026
The Company is unable to reconcile certain of its non-GAAP financial guidance and long-term financial targets due to uncertainties in these non-operating items as well as other adjustments to net income.
SEC original ↗Aecom — Earnings release (8-K exhibit)EX-99Aug 10, 2026
In addition, the Company is unable to provide a reconciliation of its guidance for financial metrics excluding the Construction Management business due to uncertainties in these non-operating items as well as other adjustments to these measures.
SEC original ↗Aecom — Earnings release (8-K exhibit)EX-99Aug 10, 2026
Competitors
Competitors & peers
Same GICS sector — classification peers, not declared competitors
Filings
33 documents- Q2 2026
- 8-KACM
Sep 17, 2026
- 8-KACM
Sep 16, 2026
- 10-QACM
Aug 11, 2026
- 8-KACM
Aug 10, 2026
- Q1 2026
- 8-KACM
Jun 11, 2026
- 8-KACM
Jun 3, 2026
- 10-QACM
May 12, 2026
- 8-KACM
May 11, 2026
- Q4 2025
- 8-KACM
Mar 10, 2026
- 8-KACM
Mar 5, 2026
- EX-99ACM
Mar 5, 2026
- 10-QACM
Feb 10, 2026
- 8-KACM
Feb 9, 2026
- Q3 2025
- 10-KACM
Nov 19, 2025
- 8-KACM
Nov 18, 2025
- Q2 2025
- 8-KACM
Sep 10, 2025
- EX-99ACM
Sep 10, 2025
- 10-QACM
Aug 5, 2025
- 8-KACM
Aug 4, 2025
- 8-KACM
Jul 22, 2025
- 8-KACM
Jul 15, 2025
- Q1 2025
- 8-KACM
Jun 4, 2025
- 10-QACM
May 6, 2025
- 8-KACM
May 5, 2025
- Q4 2024
- 8-KACM
Mar 6, 2025
- 8-KACM
Feb 28, 2025
- 10-QACM
Feb 4, 2025
- 8-KACM
Feb 3, 2025
- Q3 2024
- 8-KACM
Nov 22, 2024
- 10-KACM
Nov 19, 2024
- 8-KACM
Nov 18, 2024
- EX-99ACM
Nov 18, 2024
- Q2 2024
- 8-KACM
Sep 12, 2024
Earnings releases
11 documentsPresentations
0 documentsNo presentations for Aecom are held in this edition of the library.
Transcripts
0 documentsNo transcripts for Aecom are held in this edition of the library.
Mentioned by
2 companiesOther tracked companies whose held documents mention Aecom by name or ticker. A mention is counted once per document, from the document text the library holds.
“…Dr. David Wang, President and Chief Executive Officer of ACM. “Revenue growth was led by the ECP and advanced packaging categories, which grew 168% and 153%, respectively, reflecting the growing contribution of our br”
“a particular focus on computer vision, machine learning and multimedia analysis. He is an ACM… … (2) (240,210 ) (430,722 ) 79.3 % (867,776 ) (1,333,824 ) 53.7 % Basic and diluted loss per share based on net loss exc”
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