Amentum Holdings (AMTM) Beats Q3 Earnings Estimates

Amentum Holdings (NYSE: AMTM) shares fell about 6% after the company’s Q3 results missed Wall Street expectations. Revenue was $3.49B, down 2% and below the $3.57B consensus. GAAP EPS was $0.27, also below estimates. Backlog rose 8.1% y/y, but investors focused on weaker revenue and profit.

Amentum Holdings (NYSE: AMTM) reported third-quarter FY2026 revenue of $3.49 billion, down 2% year over year. Net income was $66 million, with adjusted EBITDA of $290 million and adjusted diluted EPS of $0.67. Operating cash flow was $146 million and free cash flow $135 million. Backlog rose to $48.2 billion, with book-to-bill of 1.1x.

Amentum Holdings (NYSE: AMTM) reported Q3 FY2026 adjusted diluted EPS of $0.67, above the $0.61 consensus, while revenue was $3.49B, below the $3.57B estimate. Net income rose to $66M and free cash flow reached $135M. Backlog increased to $48.2B. The company raised FY2026 adjusted EBITDA and adjusted EPS guidance but trimmed revenue outlook.

Amentum Holdings (NYSE: AMTM) issued FY2026 guidance. It expects adjusted EPS of $2.40 to $2.50 versus a $2.42 analyst consensus, and sales of $13.800B to $13.950B versus $14.141B. The company’s forecast implies weaker revenue and limited upside versus estimates.

Amentum Holdings (NYSE:AMTM) reported Q2 CY2026 revenue of $3.49 billion, down 2% year on year and below analysts’ estimates. GAAP EPS was $0.27, 14.7% below consensus. The stock fell 15.1% to $20.90 after the results. Analysts expect revenue growth of 2.8% over the next 12 months.

Amentum Holdings reported Q3 revenue down 2% but higher profitability, with net income rising to $66 million and Adjusted EBITDA up 6%. The company said backlog increased to $48.2 billion and that margin expansion supported raised guidance for Adjusted EBITDA and EPS, despite a lower revenue outlook.