Amentum Holdings (AMTM) Q3 FY2026 earnings: revenue $3.5 billion, down 2.0% on the year

Amentum Holdings, Inc. (AMTM) reported revenue of $3.5 billion for Q3 FY2026, the quarter ended 3 July 2026, down 2.0% on the same quarter a year earlier. Net income was $66 million, up 560.0% on the year, and diluted earnings per share $0.27. The figures are the company's own, from the 10-Q it filed with the SEC on 11 August 2026.

Revenue$3.5 billiondown 2.0%

Net income$66 millionup 560.0%

Diluted EPS$0.27

QuarterQ3 FY2026ended 3 July 2026

What management said

Guidance figures: 2 raised, 1 lowered, 1 kept.

Revenue declined 2 percent year-over-year: Revenues were $3,490 million, down 2 percent from $3,561 million in the prior year quarter, driven by 3 percent impact from contract transitions to unconsolidated joint ventures and fiscal 2025 divestitures, partially offset by new contract ramps in digital infrastructure and space.
Operating income surged 67 percent: Operating income reached $172 million, up 67 percent from $103 million in the prior year quarter, driven by strong operational performance and decreased intangible amortization expense.
Net income and diluted EPS improved: Net income attributable to common shareholders was $66 million compared to $10 million in the prior year, with diluted EPS of $0.27 versus $0.04, supported by higher operating income and lower interest expense.

Read the earnings call summary

The quarter, against the one before and a year earlier

Line	Q3 FY2026	Q2 FY2026	Q3 FY2025	Change on the year
Revenue	3,490	3,478	3,561	-2.0%
Cost of revenue	3,130	3,133	3,193	-2.0%
Gross profit	360	345	368	-2.2%
Gross margin	10.3%	9.9%	10.3%
Selling, general and administrative	122	124	165	-26.1%
Operating income	172	151	103	+67.0%
Operating margin	4.9%	4.3%	2.9%
Pre-tax income	94.0	78.0	12.0	+683.3%
Income tax	28.0	24.0	13.0	+115.4%
Effective tax rate	29.8%	30.8%	108.3%
Net income	66.0	54.0	10.0	+560.0%
Net margin	1.9%	1.6%	0.3%
Diluted EPS	$0.27	$0.22	$0.04	+575.0%

$ million except per share.

Free cash flow is operating cash flow less capital expenditure; the effective tax rate is income tax over pre-tax income; margins are the line over revenue. Gross profit is revenue less cost of revenue, and operating income is revenue less the company's own total costs, where the statement does not print those lines. Those four are arithmetic on the filed numbers; everything else is as filed. Money is in $ million as the company files it, or in $ billion by the switch above the tables; per share figures and share counts are as they are.

Cash flow and capital returned

Line	Q3 FY2026	Q2 FY2026	Q3 FY2025	Change on the year
Operating cash flow	146	225	106	+37.7%
Capital expenditure	11.0	5.0	6.0	+83.3%
Free cash flow	135	220	100	+35.0%
Free cash flow margin	3.9%	6.3%	2.8%
Cash from investing	3.0	-18.0	275	-98.9%
Cash from financing	-121	-24.0	-203	n/a
Depreciation and amortisation	101	100	129	-21.7%
Share-based compensation	8.0	8.0	7.0	+14.3%
Diluted shares, weighted	245m	245m	243m	+0.8%
Shares outstanding at period end	244m	244m	243m	+0.4%

Cash flow lines for the quarter; where the company files them year to date, the quarter is the difference between two filings.

Balance sheet at quarter end

Line	Q3 FY2026	Q2 FY2026	Q3 FY2025	Change on the year
Shareholders' equity	4,695	4,609	4,458	+5.3%
Non-controlling interest	94.0	94.0	131	-28.2%
Debt	3,825	3,927	4,484	-14.7%
Other liabilities	2,585	2,540	2,735	-5.5%
Total liabilities and equity	11,199	11,170	11,808	-5.2%
Goodwill	5,703	5,698	5,616	+1.5%
Intangible assets	1,675	1,769	2,075	-19.3%
Cash and equivalents	459	428	738	-37.8%
Receivables	2,553	2,496	2,475	+3.2%
Other assets	809	779	904	-10.5%
Total assets	11,199	11,170	11,808	-5.2%

Questions

What was Amentum Holdings' revenue in Q3 FY2026?

Amentum Holdings (AMTM) reported revenue of $3.5 billion for Q3 FY2026, the quarter ended 3 July 2026, down 2.0% on the same quarter a year earlier.

How much did Amentum Holdings earn in Q3 FY2026?

Net income for Q3 FY2026 was $66 million, up 560.0% on the year, and diluted earnings per share $0.27.

When did Amentum Holdings report Q3 FY2026 results?

Amentum Holdings filed its 10-Q for the quarter ended 3 July 2026 with the SEC on 11 August 2026.

Quarterly results, the last 11 quarters

	Q1 FY2024	Q2 FY2024	Q3 FY2024	Q4 FY2024 *	Q1 FY2025	Q2 FY2025	Q3 FY2025	Q4 FY2025 *	Q1 FY2026	Q2 FY2026	Q3 FY2026
Revenue	1,983	2,051	2,142	2,212	3,416	3,491	3,561	3,925	3,237	3,478	3,490
Cost of revenue	1,789	1,851	1,936	2,014	3,055	3,124	3,193	3,508	2,911	3,133	3,130
Gross profit	194	200	206	198	361	367	368	417	326	345	360
Gross margin	10%	10%	10%	9%	11%	11%	10%	11%	10%	10%	10%
SG&A	67.0	72.0	77.0	137	130	145	165	176	115	124	122
Operating income	86.0	89.0	89.0	27.0	132	110	103	135	138	151	172
Operating margin	4%	4%	4%	1%	4%	3%	3%	3%	4%	4%	5%
Pre-tax income	-25.0	-22.0	-22.0	-54.0	45.0	24.0	12.0	34.0	64.0	78.0	94.0
Tax rate	n/a	n/a	n/a	n/a	53%	92%	108%	-9%	31%	31%	30%
Net income	-41.0	-41.0	-26.0	26.0	12.0	4.0	10.0	40.0	44.0	54.0	66.0
Net margin	-2%	-2%	-1%	1%	0%	0%	0%	1%	1%	2%	2%
Diluted EPS	-$0.46	-$0.46	-$0.29	$0.28	$0.05	$0.02	$0.04	$0.16	$0.18	$0.22	$0.27
Operating cash flow	-83.0	5.0	238	-113	110	57.0	106	270	-136	225	146
Capital expenditure	2.0	3.0	2.0	4.0	8.0	4.0	6.0	9.0	6.0	5.0	11.0
Free cash flow	-85.0	2.0	236	-117	102	53.0	100	261	-142	220	135
Shares outstanding	243m	243m	243m	243m	243m	243m	243m	243m	244m	244m	244m
Filing	10-Q	10-Q	10-Q	10-K	10-Q	10-Q	10-Q	10-K	10-Q	10-Q	10-Q

Each quarter as filed, linked to its filing.

* The fourth quarter is the full year less the first three quarters, because the company files the year and not the quarter on its own. A fourth quarter's EPS and diluted share count are from the company's results press release for that quarter, used where the release gives the same revenue and net income as the table. Money is in $ million as the company files it, or in $ billion by the switch above the tables; per share figures and the share count are as they are. Free cash flow is operating cash flow less capital expenditure; the effective tax rate is income tax over pre-tax income; margins are the line over revenue. Gross profit is revenue less cost of revenue, and operating income is revenue less the company's own total costs, where the statement does not print those lines. Cash flow lines filed year to date are the difference between two filings. Shares outstanding are at the period end where the balance sheet tags them, otherwise the count on the filing's cover page. A derived fourth-quarter EPS is left blank when a split in the year makes the arithmetic meaningless.

Source

10-Q for the period ended 3 July 2026, filed 11 August 2026, accession 0001628280-26-055727: the filing on EDGAR. All of Amentum Holdings, Inc.'s filings: EDGAR company page.

The same record on your computer

GreekSoup is also a free program for your own computer. It reads these same filings for the names you follow, refreshed as they land, with no account. One pasted line installs it.

Install