NYSE$ABM

ABM Industries Inc · Q2 2026 earnings

Q2 2026 earnings · · Before market open · Investor relations

Briefing

ABM Industries reported record Q2 2026 revenue of $2.29 billion with 8.4% growth and net income of $43.1 million.

ABM achieved 6.1% organic revenue growth led by Technical Solutions and Aviation, while adjusted EBITDA rose to $131.7 million. Net income increased modestly to $43.1 million despite higher interest and amortization from the WGNSTAR acquisition. Free cash flow improved significantly to $22.4 million, supported by strong working capital management.

  • Revenue reached a Q2 record of $2.29 billion, up 8.4% year-over-year including 6.1% organic growth.
  • Net income rose to $43.1 million ($0.73 EPS) while adjusted net income was $52.9 million ($0.90 EPS).
  • Adjusted EBITDA increased to $131.7 million and free cash flow reached $22.4 million.
  • Company reaffirmed FY2026 adjusted EPS guidance of $3.85-$4.15 with organic revenue growth now expected toward the top of the 3-4% range.

Headline financials

Total Revenue

$2.29B

Previous: $2.11B+8.4%
EPS (adj)

$0.90

Previous: $0.67+34.3%
Adjusted EBITDA

$132M

No prior period
Capital Expenditures

-$57M

Previous: -$33.8M-68.6%
Free Cash Flow

$71.2M

Previous: -$108M+166.1%
Net Income

$43.1M

Previous: $42.2M+2.1%
Operating Income

$86.9M

Previous: $82.3M+5.6%
Gross Profit

$277M

Previous: $271M+2.3%
Cash & Equivalents

$94.9M

Previous: $58.7M+61.7%
Total Assets

$5.65B

Previous: $5.31B+6.3%

Revenue & EPS history

ABM · Revenue · Quarterly

$2.29B

Q2 2026+8.4%vs Q2 2025
Beat estimate in 12 of 16 quarters(75%)
ActualEstimate

Revenue by segment

ABM · $2.29B total across 5 segments · Q2 2026

  • Business & Industry
    $1.02B
  • Manufacturing & Distribution
    $464M
  • Aviation
    $311M
  • Technical Solutions
    $267M
  • Education
    $232M

Forward guidance

Company reaffirmed fiscal 2026 adjusted EPS outlook of $3.85 to $4.15 while updating organic revenue growth expectations to the top end of the 3% to 4% range.

Tailwinds

  • Organic revenue growth expected toward top of 3-4% range
  • Higher volume expected in ATS and M&D in second half
  • Improved service mix and cost savings initiatives

Headwinds

  • Segment operating margin projected toward low end of 7.8-8.0% range
  • Interest expense forecast at approximately $110 million

Historical earnings impact

How earnings announcements have historically affected this stock's price.

Avg. return before/after earnings

Based on 19 quarterly earnings reports · overlaid with Q2 2026

Historical avgQ2 2026

+0.1%

Avg return

Earnings day

-1.8%

Avg return

5 days after

-1.5%

Avg return

30 days after

55%

38 / 69 earnings

Positive

+18.7%

Q4 2018

Best reaction

-13.2%

Q2 2022

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q2 2026+6.6%+12.1%
Q1 2026-4.6%-10.4%-8.8%
Q4 2025+5.7%-7.7%-1.0%
Q3 2025+0.6%-4.3%-3.2%
Q2 2025+0.0%-2.0%+10.1%
Q1 2025-8.7%-4.3%-7.5%
Q4 2024-6.9%-8.3%-3.3%
Q3 2024-11.0%-12.6%-8.6%
Q2 2024+6.7%+6.0%+3.5%
Q1 2024+2.8%+2.5%+8.2%
Q4 2023+5.9%+3.2%-5.2%
Q3 2023-12.3%-12.1%-7.8%
Q2 2023+6.3%+2.4%-6.9%
Q1 2023-3.6%-7.6%-8.4%
Q4 2022-3.2%-3.9%+0.7%
Q3 2022-4.8%-8.9%-12.0%
Q2 2022-13.2%-22.4%-13.9%
Q1 2022+2.9%+1.1%+4.8%
Q4 2021-10.2%-15.2%-1.7%
Q3 2021-2.8%-2.0%-1.9%
Q2 2021-0.0%-0.2%-12.3%
Q1 2021+6.2%+8.7%+8.9%
Q4 2020-1.2%-5.8%+0.2%
Q3 2020+0.5%-5.7%-2.2%
Q2 2020+14.4%+14.3%+5.8%
Q1 2020+3.3%-7.1%-32.9%
Q4 2019+5.1%+1.8%+7.3%
Q3 2019-3.6%-1.7%-5.1%
Q2 2019+5.8%+5.0%+8.3%
Q1 2019-6.8%-7.0%+3.1%
Q4 2018+18.7%+16.4%+34.8%
Q3 2018+5.7%+6.3%-0.2%
Q2 2018+12.1%+6.9%+4.7%
Q1 2018+3.7%+7.5%-4.2%
Q4 2017-12.9%-13.1%-11.3%
Q3 2017-9.1%-6.9%-3.2%
Q2 2017+2.4%-5.3%-4.2%
Q1 2017+5.0%+6.9%+4.0%
Q4 2016-7.9%-6.6%-7.3%
Q3 2016+3.7%-0.6%-0.5%
Q2 2016+8.8%+7.2%+7.5%
Q1 2016+2.7%
Q4 2015+0.1%
Q3 2015-2.8%
Q2 2015+2.0%
Q1 2015-5.7%
Q4 2014+3.1%
Q3 2014+4.5%
Q2 2014-3.2%
Q1 2014-0.3%
Q4 2013-3.7%
Q3 2013+1.4%
Q2 2013+5.2%
Q1 2013-3.0%
Q4 2012+1.4%
Q3 2012-5.6%
Q2 2012-1.5%
Q1 2012+4.0%
Q4 2011+0.0%
Q3 2011-4.4%
Q2 2011-0.5%
Q1 2010-4.0%
Q1 2011+4.4%
Q2 2010+0.2%
Q4 2008+0.2%
Q4 2010+0.2%
Q3 2010+0.6%
Q3 2009+0.6%
Q4 2009+0.6%

Discussion

Share your read of this quarter. Sign-in carries your eToro identity.

Join the conversation

Sign in with eToro to post your read of this quarter and vote on others'.

Sign in with eToro