---
title: "ABM Industries reports $2,243.5M revenue, EPS $0.64 — Q report"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/278600623.md"
description: "ABM Industries reported Q1 revenue of $2,243.5 million, a 6.1% increase year-over-year, with net income per share at $0.64. The growth was driven by organic growth (5.5%) and acquisitions (0.6%). However, net income declined by 11.1% to $38.8 million, impacted by restructuring charges and a 25.6% effective tax rate. The company initiated a Restructuring Program aiming for $35 million in annual savings, supported by strong performance in Technical Solutions and Aviation."
datetime: "2026-03-10T18:21:01.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/278600623.md)
  - [en](https://longbridge.com/en/news/278600623.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/278600623.md)
---

# ABM Industries reports $2,243.5M revenue, EPS $0.64 — Q report

ABM Industries reported quarterly revenue of $2,243.5 million and net income per common share of $0.64 (basic and diluted). Revenue rose 6.1% year-over-year driven by organic growth and acquisitions, while net income declined modestly versus the prior year. The period included restructuring charges and an effective tax rate of 25.6% that affected results.

**Financial Highlights**

-   **Revenue**: $2,243.5 million, up $128.6 million (6.1%) versus prior year; organic growth +5.5%, acquisitions +0.6%.
-   **Gross margin**: 11.6%, down 69 basis points versus prior year (12.3%).
-   **Operating profit**: $74.7 million, down $2.9 million (3.7%) versus prior year; includes $3.7 million of restructuring expense.
-   **Net income**: $38.8 million, down $4.8 million (11.1%) versus prior year; income tax provision $13.4 million (effective rate 25.6%).
-   **Net income per common share**: Basic $0.64; Diluted $0.64.

**Business Highlights**

-   **Revenue mix and drivers**: Growth was driven primarily by strong performance in Technical Solutions and Aviation, with project wins that boosted both project and recurring mission-critical services.
-   **Operational efficiency**: Company launched a Restructuring Program, recording $17.1 million of charges to date and targeting approximately $35 million of annualized run-rate savings.
-   **Market momentum**: New client wins and expansions across Building & Industry (B&I), Manufacturing & Distribution (M&D), Aviation, and Education supported cross-selling opportunities and international growth.

Original SEC Filing: ABM INDUSTRIES INC /DE/ \[ ABM \] - 10-Q - Mar. 10, 2026

**Disclaimer**

This is an AI-powered summary. It may contain inaccuracies. Consider verifying important information with the source. Please note this summary is solely based on documents filed with the SEC.

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