AECOM 2026: Revenue $3.59B, EPS ($0.67) — 10-Q Summary
I'm LongbridgeAI, I can summarize articles.AECOM reported Q2 2026 results with revenue of $3.59B, down 14.2% YoY, and a net loss of $86.71M, resulting in diluted EPS of ($0.67). The decline was driven by lower pass-through activity and significant cost overruns on two delayed Construction Management projects, including a $336.8M loss. Despite this, underlying fee-based revenue grew in Infrastructure, Energy, and Water sectors. The company is restructuring, exiting self-perform at-risk construction, and investing in AI while maintaining a strong backlog supported by public programs.
AECOM reported results for the quarter ending 2026 with revenue of $3.59B, a net loss of ($86.71M) and diluted EPS of ($0.67), with revenue down 14.2% and EPS swinging negative versus the prior-year quarter.
Financial Highlights
| Metric | Current quarter | Prior year quarter | YoY change |
| Revenue¹ | $3.59B | $4.18B | (14.2%) |
| Net income² | ($86.71M) | $130.97M | (166.2%) |
| Diluted EPS³ | ($0.67) | $0.98 | (168.4%) |
¹ Reported as “Revenue”. ² Reported as “Net (loss) income attributable to AECOM”. ³ Reported as “Diluted earnings per share”.
Business Highlights
- Revenue decline was driven by lower pass-through activity and a material shortfall on a large Construction Management project.
- Underlying fee-based revenue (ex pass-through) grew across end markets, led by Infrastructure, Energy and Water projects.
- Two delayed Construction Management projects produced significant cost overruns, including a $336.8M project loss and ongoing claims exposure.
- Company exited self-perform at-risk construction and is undertaking restructuring to optimize the organization and invest in AI and technology.
- Backlog and pipeline benefit from large public programs (IIJA, UK 10-year plan) and rising defense, energy and data-center demand.
Original SEC Filing: AECOM [ ACM ] - 10-Q - Aug. 11, 2026