Filing Flows › Amentum Holdings (AMTM) › Q2 FY26 › vs Q1 FY26
Amentum Holdings (AMTM) Q2 FY26 vs Q1 FY26 (quarter over quarter)
Amentum Holdings's revenue rose $241M (+7%) from $3.2B in Q1 FY26 to $3.5B in Q2 FY26. The biggest changes: DS +$131M (+10%); GES +$110M (+6%). Operating margin 4.3% against 4.3% (+0.1 pts).
Amentum Holdings, Q2 FY26: revenue $3.5B (-0.4% year over year), operating margin 4.3%, net earnings $54.0M, operating cash flow $225M. The chart draws each line against Q1 FY26, the increases inside each band.
Margins
| Q2 FY26 | Q1 FY26 | Change | |
|---|---|---|---|
| Operating margin | 4.3% | 4.3% | +0.1 pts |
| Net margin | 1.6% | 1.4% | +0.2 pts |
| Free cash flow margin | 6.3% | -4.4% | +10.7 pts |
Every line
| Line | Q2 FY26 | Q1 FY26 | Change | % |
|---|---|---|---|---|
| GES | $2.0B | $1.9B | $110M | +6% |
| DS | $1.5B | $1.3B | $131M | +10% |
| Revenue | $3.5B | $3.2B | $241M | +7% |
| Operating profit | $151M | $138M | $13.0M | +9% |
| Costs & expenses | $3.3B | $3.1B | $228M | +7% |
| Pre-tax earnings | $78.0M | $64.0M | $14.0M | +22% |
| Other expense, net | $73.0M | $74.0M | −$1.0M | -1% |
| Cost of revenue | $3.1B | $2.9B | $222M | +8% |
| SG&A | $124M | $115M | $9.0M | +8% |
| Other operating costs | $70.0M | $73.0M | −$3.0M | -4% |
| Net earnings | $54.0M | $44.0M | $10.0M | +23% |
| Income tax | $24.0M | $20.0M | $4.0M | +20% |
| Depreciation & amortization | $100M | $106M | −$6.0M | -6% |
| Share-based compensation | $8.0M | $7.0M | $1.0M | +14% |
| Working capital & other | $63.0M | −$293M | $356M | — |
| Operating cash flow | $225M | −$136M | $361M | — |
| Free cash flow (OCF − capex) | $220M | −$142M | $362M | — |
| Capital expenditures | $5.0M | $6.0M | −$1.0M | -17% |
Questions
How much did Amentum Holdings's revenue grow quarter over quarter in Q2 FY26?
Amentum Holdings's revenue rose $241M (+7%) from $3.2B in Q1 FY26 to $3.5B in Q2 FY26.
What drove Amentum Holdings's revenue change in Q2 FY26?
DS +$131M (+10%); GES +$110M (+6%).