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Inferra AI / Company / ATS

ATS Corporation

ATS · Industrials

Last earnings Aug 6, 2026

Key results

Adjusted earnings from operationsquarter

15%

Management believes these meaningful structural changes can contribute approximately half of the margin expansion required to achieve the Company's current long-term adjusted earnings from operations margin target of 15%.

SEC original ↗ATS Corporation — Earnings release (6-K exhibit)EX-99Aug 6, 2026

4 reduction activities, including the Fixed Cost Transformation Program, support the Company s achievement of its long-term adjusted earnings from operations margin target of 15%.

SEC original ↗ATS Corporation — Earnings release (6-K exhibit)EX-99Aug 6, 2026

Revenuequarter

$693.7 million

First quarter performance summary First quarter revenues were $693.7 million.

SEC original ↗ATS Corporation — Earnings release (6-K exhibit)EX-99Aug 6, 2026

revenues were $698.3 million and decreased by 5.2% year-over-year, due to a combination of timing of project execution, a more normalized level of GLP-1-related activities compared to the prior-year period, and the impacts of the restructuring activities within the Company's transportation businesses

SEC original ↗ATS Corporation — Earnings release (6-K exhibit)EX-99Aug 6, 2026

Adjusted revenuequarter

14.3%

Non-cash working capital as a percentage of adjusted revenues 1 was 14.3%, an improvement from 17.3% in the corresponding quarter last year.

SEC original ↗ATS Corporation — Earnings release (6-K exhibit)EX-99Aug 6, 2026

Adjusted earnings from operations for the quarter were $68.1 million (9.8% adjusted earnings from operations margin), compared to $78.6 million (10.7% adjusted earnings from operations margin) a year ago, primarily due to lower revenues and the delayed realization of benefits from certain restructuring actions.

SEC original ↗ATS Corporation — Earnings release (6-K exhibit)EX-99Aug 6, 2026

As noted above, the Company's long-term adjusted earnings from operations margin target of 15% remains unchanged.

SEC original ↗ATS Corporation — Earnings release (6-K exhibit)EX-99Aug 6, 2026

First quarter net loss included $9.2 million relating to revenue and cost impacts directly associated with the transportation reorganization activities noted above.

SEC original ↗ATS Corporation — Earnings release (6-K exhibit)EX-99Aug 6, 2026

AI analysis

Q1 FY2027 · reported Aug 6, 2026

Based on: Earnings release (6-K exhibit) + Q1 FY2027 deck + parent 6-K — transcript not held

Revenue · Q1 FY2027
$693.7M
EX-99 · Aug 6, 2026

The quarter in charts

Guidance ladder — revenue

Delivered vs the company's guided range

EX-99 · Aug 6, 2026 Guide as stated by the company; range and midpoint computed from the stated figure.

Headline figures

MetricQ1 FY2027Prior qtrYear ago
Adjusted earnings from operations15%——
Revenue$693.7 million——
Adjusted revenue14.3%——

EX-99 · Aug 6, 2026

Guidance · company-stated

revenues$660 million
Capital expenditures

“for fiscal 2027 for tangible assets and intangible assets are expected to be between $70 million and $90 million”

Midpoint vs latest-quarter revenue-4.9%computed from stated figures

Guidance stated in the release for the second quarter of fiscal 2027; figures as stated.

Next earningsNo verified date on fileNo date is estimated or imported

Capital allocation

If the Company experiences a change of control, the Company may be required to 17 repurchase the U.

Senior Notes contain customary covenants that restrict, subject to certain exceptions and thresholds, some of the activities of the Company and its subsidiaries, including the Company's ability to dispose of assets, incur additional debt, pay dividends, create liens, make investments, and engage in specified transactions with affiliates.

What changed vs last quarter

  • Guide midpoint vs latest-quarter revenue -4.9% computed from stated figures
General educational research only — not investment advice.Every figure is as stated in the held documents; values marked “computed from stated figures” are arithmetic on those stated figures. Guidance shown is the company’s own stated guidance. No price targets, no recommendations, no consensus estimates.

Event summary

ATS Corporation Q1 FY2027 — Management believes these meaningful structural changes can contribute approximately half of the margin expansion required to achieve the Company's current long-term adjusted earnings from operations…

Based on: Earnings release (6-K exhibit) + Q1 FY2027 deck + parent 6-K — transcript not held

Guidance & outlook

revenues: “revenues in the range of $660 million to $700 million”

Capital expenditures: “Capital expenditures for fiscal 2027 for tangible assets and intangible assets are expected to be between $70 million and $90 million”

revenues (“the second quarter of fiscal 2027”)
“In the second quarter of fiscal 2027, management expects to generate revenues in the range of $660 million to $700 million, reflecting the lower opening Order Backlog available for conversion.”

Capital expenditures (“fiscal 2027”)
“Capital expenditures for fiscal 2027 for tangible assets and intangible assets are expected to be between $70 million and $90 million.”

Guidance stated in the release for the second quarter of fiscal 2027; figures as stated.

Capital allocation

If the Company experiences a change of control, the Company may be required to 17 repurchase the U.

SEC original ↗ATS Corporation — Earnings release (6-K exhibit)EX-99Aug 6, 2026

Senior Notes contain customary covenants that restrict, subject to certain exceptions and thresholds, some of the activities of the Company and its subsidiaries, including the Company's ability to dispose of assets, incur additional debt, pay dividends, create liens, make investments, and engage in specified transactions with affiliates.

SEC original ↗ATS Corporation — Earnings release (6-K exhibit)EX-99Aug 6, 2026

The Company had a net debt to pro forma adjusted EBITDA ratio 1 at June 28, 2026 of 2.9 times, and management expects the Company to continue to operate within its targeted leverage ratio of 2.0 to 3.0 times throughout fiscal 2027.

SEC original ↗ATS Corporation — Earnings release (6-K exhibit)EX-99Aug 6, 2026

Order Bookings decreased in industrial consumer compared to the prior period a year ago, primarily due to the timing of customer projects and the Company's ongoing portfolio repositioning towards opportunities that support improved profitability 1 Non-cash working capital as a percentage of revenues, and net debt to pro forma adjusted EBITDA are non-IFRS ratios see Non-IFRS and Other Financial Measures.

SEC original ↗ATS Corporation — Earnings release (6-K exhibit)EX-99Aug 6, 2026

Based on management s assessment of where ATS capabilities can be deployed, the Company s addressable opportunity on a reactor program may represent a low-single-digit percentage of total customer capital expenditure, depending on the application.

SEC original ↗ATS Corporation — Earnings release (6-K exhibit)EX-99Aug 6, 2026

After-sales revenues and reoccurring revenues, which ATS defines as revenues from ancillary products and services associated with equipment sales, and revenues from customers who purchase non-customized ATS products at regular intervals, are expected to provide some balance to customers' capital expenditure cycles.

SEC original ↗ATS Corporation — Earnings release (6-K exhibit)EX-99Aug 6, 2026

Strategy & priorities

1 STRATEGY To create sustainable shareholder value, the Company employs a three-part value creation strategy Build, Grow and Expand.

SEC original ↗ATS Corporation — Earnings release (6-K exhibit)EX-99Aug 6, 2026

Build To build on the Company's foundation and drive performance improvements, management is focused on the advancement of the ATS Business Model ( ABM ), the pursuit and measurement of value drivers and key performance indicators, a rigorous strategic planning process, succession planning, talent management, employee engagement, and instilling autonomy with accountability.

SEC original ↗ATS Corporation — Earnings release (6-K exhibit)EX-99Aug 6, 2026

Expand To expand the Company's reach, management is focused on the development of new markets and business platforms, expanding service offerings, investment in innovation and product development, along with strategic and disciplined acquisitions that strengthen ATS.

SEC original ↗ATS Corporation — Earnings release (6-K exhibit)EX-99Aug 6, 2026

The Company pursues all of its initiatives by using a strategic capital framework aimed at driving the creation of long-term sustainable shareholder value.

SEC original ↗ATS Corporation — Earnings release (6-K exhibit)EX-99Aug 6, 2026

ATS Business Model The ABM is a business management system that ATS developed with the continuing goal of enabling the Company to pursue its strategies, outpace the growth of its chosen markets, and drive year-over-year continuous improvement.

SEC original ↗ATS Corporation — Earnings release (6-K exhibit)EX-99Aug 6, 2026

Risks & headwinds

Supplier lead times are generally acceptable across key categories however, inflationary or other cost increases (see Tariffs ), and price and lead-time volatility may continue to disrupt the timing and progress of the Company's margin expansion efforts and may affect revenue recognition.

SEC original ↗ATS Corporation — Earnings release (6-K exhibit)EX-99Aug 6, 2026

The timing and geographies of c ustomer capital expenditure decisions on larger opportunities, including as a result of their evaluations of tariffs, can caus e variability in Order Bookings from quarter to q uarter (see Tariffs ).

SEC original ↗ATS Corporation — Earnings release (6-K exhibit)EX-99Aug 6, 2026

Tariffs The majority of the Company's shipments from Canada into the U.

SEC original ↗ATS Corporation — Earnings release (6-K exhibit)EX-99Aug 6, 2026

Although the USMCA remains in full force and effect, the annual review process, and the ability of any party to withdraw from the agreement on six months' written notice, creates potential long-term uncertainty regarding North American free trade compounded by additional tariffs imposed by the U.

SEC original ↗ATS Corporation — Earnings release (6-K exhibit)EX-99Aug 6, 2026

on certain goods from various jurisdictions globally, including Canada and Europe and further tariffs and trade agreements continue to be discussed.

SEC original ↗ATS Corporation — Earnings release (6-K exhibit)EX-99Aug 6, 2026

The potential impact, if any, of revised United States tariffs, including those imposed under Sections 301 and 338, is dependent on specific customer programs and the nature of the Company's work and, at this time, the Company does not expect these tariffs to have a material impact in the near term and continues to assess the potential application of these tariffs.

SEC original ↗ATS Corporation — Earnings release (6-K exhibit)EX-99Aug 6, 2026

Documents

Earnings deck slides

0 decks with slide view

ATS Corporation — Presentation / slide deck (8-K exhibit) — Slide view unavailable — this deck was filed as a web document, whose text has no page boundaries.

Competitors

Competitors & peers

Same GICS sector — classification peers, not declared competitors

RELX (RELX) IndustrialsThomson Reuters (TRI) IndustrialsFedEx (FDX) IndustrialsVertiv (VRT) IndustrialsCanadian National Railway (CNI) IndustrialsAerCap Holdings (AER) IndustrialsCanadian Pacific Kansas City (CP) IndustrialsGeneral Dynamics (GD) Industrials

Filings

78 documents

Earnings releases

2 documents

Presentations

1 document

Transcripts

0 documents

No transcripts for ATS Corporation are held in this edition of the library.

Mentioned by

9 companies

Other tracked companies whose held documents mention ATS Corporation by name or ticker. A mention is counted once per document, from the document text the library holds.

See also the earnings calendar for every tracked company’s next earnings date.