Amentum Holdings, Inc. (AMTM): Results of Operations and Financial Condition
Amentum Holdings, Inc. (AMTM) filed an SEC Form 8-K — Results of Operations and Financial Condition. EX-99.1 2 exhibit991-august102026.htm EX-99.1 Document Exhibit 99.1 Amentum Reports Third Quarter Fiscal Year 2026 Results Revenues of $3.5 billion Net Income of $66 million; Adjusted EBITDA of $290 million Diluted Earnings Per Share of $0.27; Adjusted Diluted Earnings Per Share
How this was made
The 30-second read
Why it matters
Key disclosed metrics include GAAP revenue $3.49B (-2% YoY), GAAP net income $66M, adjusted EBITDA $290M (+6% YoY), free cash flow $135M (+35% YoY), and total backlog $48.2B (+8%) with 1.3x LTM book-to-bill. Management states near-term revenue dynamics impacted the revenue outlook but guidance for adjusted EBITDA and adjusted diluted EPS is increased.
Market read
This is a primary quarterly disclosure with quantified profitability, cash generation, and backlog growth, plus contract-win highlights that can shift forward estimates and risk perception.
What to watch
Backlog is up, but funded backlog is only $6.2B; traders may focus on conversion risk from bookings to funded revenue and on the specifics of the “increased guidance” language not fully shown in the excerpt.
Background
The SEC 8-K (Item 2.02) includes Exhibit 99.1 with Amentum’s third quarter fiscal 2026 operating results and financial condition.
Ticker impact
Amentum reported Q3 FY2026 results in an 8-K, including $3.49B revenue, $290M adjusted EBITDA, $135M free cash flow, and $48.2B backlog.
Moderately positive bias, with potential upside if investors focus on backlog growth and margin/FCF strength despite revenue outlook headwinds.
The article is a primary earnings-style disclosure with multiple quantified metrics (profitability, FCF, backlog, book-to-bill) and management commentary about increasing guidance for adjusted EBITDA and adjusted EPS, which typically moves trading expectations.
Market effects
Supports sentiment for defense and advanced engineering services tied to government and nuclear energy programs, via disclosed backlog and contract wins.
Limited, primarily US defense and federal contracting sentiment.
Nuclear energy and space-related contract references may modestly influence global defense-tech and infrastructure contractor expectations.
Counterpoint
Revenue declined 2% YoY due to contract transition and divestitures, so the stock reaction may fade if investors discount the quality of growth versus accounting/portfolio effects.
Key entities
- companyAmentum Holdings, Inc.
Advanced engineering and technology company reporting Q3 FY2026 results, cash flow, backlog, and contract wins.
- customer/agencyNASA
Referenced as awarding a nine-year COSMOS contract and a 10-year IDIQ contract (CMOE II) to Amentum-related efforts.
- market themeGlobal nuclear energy
Amentum booked over $400M for initial engineering, development, and design of advanced nuclear technologies.
