ABM Q1 revenue rises 6% to USD 2.24 billion

Reuters03-10

ABM Q1 revenue rises 6% to USD 2.24 billion

ABM reported fiscal Q1 revenue of USD 2.24 billion, up 6% including 6% organic growth, driven by Technical Solutions and Aviation. Fiscal Q1 net income was USD 38.8 million, down 11%, and adjusted EPS was USD 0.83, down 5%. Fiscal Q1 segment operating margin was 7.1%, down 0.5 percentage points, as project timing and service mix in Technical Solutions weighed on results. Fiscal Q1 operating cash flow was USD 62 million and free cash flow was USD 48.9 million, both higher than a year earlier, reflecting working capital management and progress on its ERP implementation. ABM reaffirmed its fiscal 2026 outlook for adjusted EPS of USD 3.85 to USD 4.15 and organic revenue growth of 3% to 4%, and said it closed the WGNSTAR acquisition early in fiscal Q2.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. ABM Industries Incorporated published the original content used to generate this news brief via GlobeNewswire (Ref. ID: 202603100658PRIMZONEFULLFEED9668691) on March 10, 2026, and is solely responsible for the information contained therein.

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