Filing Flows › Amentum Holdings (AMTM) › Q1 FY26
Amentum Holdings (AMTM) Q1 FY26 earnings results (first quarter fiscal 2026)
10-Q filed Feb 10, 2026
Amentum Holdings (AMTM) reported revenue of $3.2B for the first quarter fiscal 2026 (Q1 FY26), -5% from a year earlier and -18% from the quarter before. Operating margin was 4.3%, net earnings $44.0M (1.4% of revenue).
Amentum Holdings, Q1 FY26: revenue $3.2B (-5% year over year), operating margin 4.3%, net earnings $44.0M, operating cash flow −$136M. The chart follows the revenue to costs, profit and cash.
| Q1 FY26 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $3.2B | -18% | -5% |
| Operating profit | $138M | +2% | +5% |
| Net earnings | $44.0M | +19% | +110% |
| Operating cash flow | −$136M | -150% | — |
What changed
Revenue was $3.2B in Q1 FY26, down 5% year over year and down 18% from the previous quarter. GES was the largest line at 59% of revenue. GES lost $0.23B year over year (down 11%), 128% of the total change.
Operating profit was $0.14B, a 4.3% margin (up 0.4 points year over year). Total costs fell 6% while revenue fell 5%. Net earnings were $0.04B, up 267% year over year. The effective tax rate was 31.2%.
Operating cash flow was −$0.14B. Non-cash charges added back $0.11B of depreciation and amortization and $0.01B of share-based compensation. Working capital and other items used $0.29B. Capital expenditures of $0.01B exceeded it, leaving free cash flow of −$0.14B.
Questions
What was Amentum Holdings' revenue in the first quarter fiscal 2026?
Amentum Holdings (AMTM) reported revenue of $3.2B for the first quarter fiscal 2026 (Q1 FY26), -5% from a year earlier and -18% from the quarter before.
Was Amentum Holdings profitable in the first quarter fiscal 2026?
Operating profit was $138M (4.3% of revenue) and net earnings $44.0M.
Source: Amentum Holdings 10-Q on SEC EDGAR.