Filing Flows › Fluor (FLR) › Q1 2026
Fluor (FLR) Q1 2026 earnings results (first quarter 2026)
10-Q filed May 8, 2026
Fluor (FLR) reported revenue of $3.7B for the first quarter 2026 (Q1 2026), -8% from a year earlier and -12% from the quarter before. Operating margin was 2.5%, net earnings $160M (4.4% of revenue).
Fluor, Q1 2026: revenue $3.7B (-8% year over year), operating margin 2.5%, net earnings $160M, operating cash flow $110M. The chart follows the revenue to costs, profit and cash.
| Q1 2026 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $3.7B | -12% | -8% |
| Gross profit | $13.0M | -90% | -91% |
| Operating profit | $92.0M | +74% | +1% |
| Net earnings | $160M | — | — |
| Operating cash flow | $110M | — | — |
| Free cash flow | $99.0M | — | — |
What changed
Revenue was $3.7B in Q1 2026, down 8% year over year and down 12% from the previous quarter.
Gross margin was 0.4%, down 3.2 points from Q1 2025. Operating profit was $0.09B, a 2.5% margin (up 0.2 points year over year). Net earnings were $0.16B. The effective tax rate was -4.4%. Non-operating items added $0.07B, 42% of pre-tax earnings, so the bottom line overstates operating performance.
Operating cash flow was $0.11B, 67% of net income including minority interests. Non-cash charges added back $0.02B of depreciation and amortization and $0.01B of share-based compensation. Working capital and other items used $0.08B. Capital expenditures of $0.01B left free cash flow of $0.10B.
Questions
What was Fluor's revenue in the first quarter 2026?
Fluor (FLR) reported revenue of $3.7B for the first quarter 2026 (Q1 2026), -8% from a year earlier and -12% from the quarter before.
Was Fluor profitable in the first quarter 2026?
Operating profit was $92.0M (2.5% of revenue) and net earnings $160M.
Source: Fluor 10-Q on SEC EDGAR.