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ABM Industries (ABM) Q1 FY26 earnings results (first quarter fiscal 2026)

10-Q filed Mar 10, 2026

ABM Industries (ABM) reported revenue of $2.2B for the first quarter fiscal 2026 (Q1 FY26), +6% from a year earlier and -2% from the quarter before. Operating margin was 3.3%, net earnings $38.8M (1.7% of revenue).

Revenue$2.2B
Year over year+6%
Quarter over quarter-2%
Operating margin3.3%
Net earnings$38.8M

ABM Industries, Q1 FY26: revenue $2.2B (+6% year over year), operating margin 3.3%, net earnings $38.8M, operating cash flow $62.0M. The chart follows the revenue to costs, profit and cash.

Q1 FY26AmountQ/QY/Y
Revenue$2.2B-2%+6%
Operating profit$74.7M+9%-4%
Net earnings$38.8M+11%-11%
Operating cash flow$62.0M-54%—
Free cash flow$48.8M-57%—

What changed

Revenue was $2.2B in Q1 FY26, up 6% year over year and down 2% from the previous quarter. Janitorial was the largest line at 59% of revenue. Janitorial added $0.06B year over year (up 4%), 44% of the total change.

Operating profit was $0.07B, a 3.3% margin (down 0.3 points year over year). Operating profit fell $2.9M even though revenue rose $0.13B versus a year earlier, so costs grew faster than sales. Total costs grew 6% against revenue growth of 6%. The fastest-growing cost line was Other operating costs (+17%). Net earnings were $0.04B, down 11% year over year. The effective tax rate was 25.7%.

Operating cash flow was $0.06B, 160% of net earnings. Non-cash charges added back $0.03B of depreciation and amortization and $0.01B of share-based compensation. Working capital and other items used $0.01B. Capital expenditures of $0.01B left free cash flow of $0.05B.

Questions

What was ABM Industries' revenue in the first quarter fiscal 2026?

ABM Industries (ABM) reported revenue of $2.2B for the first quarter fiscal 2026 (Q1 FY26), +6% from a year earlier and -2% from the quarter before.

Was ABM Industries profitable in the first quarter fiscal 2026?

Operating profit was $74.7M (3.3% of revenue) and net earnings $38.8M.

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Source: ABM Industries 10-Q on SEC EDGAR.