SEC 10-Q

ABM Q3 FY2026 Revenue Hits $2.1B (Up 6% YoY), EPS Beats Consensus by $0.08; Full-Year Guidance Raised

ABM Industries reported robust Q3 FY2026 results, with revenue of $2.1B (up 6% YoY) and adjusted EPS of $1.18, beating consensus by $0.14. The beat was driven by strength in Aviation and Technical Solutions, as well as operational efficiency gains from technology investments. Management raised full-year EPS guidance by $0.10 to $4.20-$4.30, citing sustained demand and improved labor productivity. Cash flow generation was strong, enabling $50M in buybacks and reducing net leverage to 1.8x. The company's backlog growth of 8% sequentially provides visibility into Q4 and FY2027. Risks remain from wage inflation and client concentration, but management's pricing actions appear to be offsetting cost pressures. The sector is likely to benefit from ABM's positive tone, though competitors may face similar labor dynamics. Overall, the quarter reinforces ABM's position as a resilient service provider with a clear path to margin expansion.

Ticker

ABM

Form

10-Q