Filing Flows › Amentum Holdings (AMTM) › Q2 FY26
Amentum Holdings (AMTM) Q2 FY26 earnings results (second quarter fiscal 2026)
10-Q filed May 12, 2026
Amentum Holdings (AMTM) reported revenue of $3.5B for the second quarter fiscal 2026 (Q2 FY26), -0.4% from a year earlier and +7% from the quarter before. Operating margin was 4.3%, net earnings $54.0M (1.6% of revenue).
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 follows the revenue to costs, profit and cash.
| Q2 FY26 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $3.5B | +7% | -0.4% |
| Operating profit | $151M | +9% | +37% |
| Net earnings | $54.0M | +23% | 27× |
| Operating cash flow | $225M | — | +295% |
| Free cash flow | $220M | — | +315% |
What changed
Revenue was $3.5B in Q2 FY26, roughly flat year over year and up 7% from the previous quarter. GES was the largest line at 58% of revenue. GES lost $0.14B year over year (down 7%), 1085% of the total change.
Operating profit was $0.15B, a 4.3% margin (up 1.2 points year over year). Total costs fell 2% while revenue was flat. Net earnings were $0.05B, up 1250% year over year. The effective tax rate was 30.8%.
Operating cash flow was $0.23B (up 295% year over year), 417% of net earnings. Non-cash charges added back $0.10B of depreciation and amortization and $0.01B of share-based compensation. Working capital and other items added $0.06B. Capital expenditures of $0.01B left free cash flow of $0.22B.
Questions
What was Amentum Holdings' revenue in the second quarter fiscal 2026?
Amentum Holdings (AMTM) reported revenue of $3.5B for the second quarter fiscal 2026 (Q2 FY26), -0.4% from a year earlier and +7% from the quarter before.
Was Amentum Holdings profitable in the second quarter fiscal 2026?
Operating profit was $151M (4.3% of revenue) and net earnings $54.0M.
Source: Amentum Holdings 10-Q on SEC EDGAR.