Amentum Q1 Revenue Falls 5% to $3.24 Billion; Net Income Rises to $44 Million
Amentum reported first-quarter fiscal 2026 results for the period ended January 2, 2026, with revenue down 5% year over year to $3.24 billion while GAAP net income rose to $44 million from $12 million. The company reaffirmed its full-year fiscal 2026 guidance, and free cash flow was an outflow of $142 million, compared with $102 million positive a year earlier.
Key points
- Revenues were $3,237 million, down from $3,416 million (5%), which the company attributed partly to contract transitions to unconsolidated joint ventures, divestitures, and the government shutdown.
- Net income was $44 million, or $0.18 per diluted share, versus $12 million, or $0.05 per share, a year earlier.
- Adjusted diluted EPS was $0.54, up 6% from $0.51; Adjusted EBITDA was $263 million, flat year over year.
- Fiscal 2026 guidance was reaffirmed, including revenues of $13,950 million to $14,300 million and Adjusted Diluted EPS of $2.25 to $2.45.
The filing
Written by AI (Anthropic Claude, claude-haiku-5-5) on Nov 8, 2026, 1:05 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 February 09, 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.