ABM revenue rises 6.1% to $2.2 billion, but net income falls 11% in first quarter
ABM reported fiscal first-quarter 2026 results for the period ended January 31, 2026, with revenue up 6.1% to $2.2 billion while net income fell to $38.8 million, or $0.64 per diluted share, from $43.6 million, or $0.69, a year earlier. The company said segment operating margin of 7.1% was below its expectations, mainly due to Technical Solutions, and it left its fiscal 2026 outlook unchanged and declared a $0.29 quarterly dividend.
Key points
- Revenue was $2.2 billion, up 6.1% year over year, including 5.5% organic growth.
- Net income was $38.8 million, or $0.64 per diluted share, versus $43.6 million, or $0.69; adjusted EPS was $0.83 versus $0.87.
- Segment operating margin was 7.1% versus 7.6%, with Technical Solutions operating profit down 49.0%.
- Fiscal 2026 outlook was reaffirmed, with adjusted EPS expected at $3.85 to $4.15; a $0.29 dividend is payable May 4, 2026, to holders of record on April 2, 2026.
The filing
Written by AI (Anthropic Claude, claude-haiku-5-5) on Nov 8, 2026, 1:49 AM ET, from the text of the filing and its press-release exhibits only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on March 10, 2026.
Briefs are written by AI from the filing text (each brief's own page names the model) and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the model's reading of the filing for shareholders, not a price forecast. Not investment advice.