Nov 6, 7:04 AM ET
Fluor Corporation announced its financial results for the third quarter ended September 30, 2026, reporting revenue of $3.7 billion and GAAP net earnings of $158 million. The company achieved record quarterly new awards of $10.9 billion, lifting backlog to $34.3 billion, and affirmed its full-year 2026 adjusted EBITDA guidance of $500 million to $525 million.
- Revenue reached $3.7 billion for Q3 2026, up 10% year over year.
- New awards totaled a record $10.9 billion in the quarter, including $7.5 billion for LNG Canada Phase 2.
- Backlog increased 21% year over year to $34.3 billion as of September 30, 2026.
- Share repurchases totaled $300 million during the quarter and $1.1 billion year to date.
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Aug 7, 7:01 AM ET
Fluor reported second-quarter 2026 revenue of $4.3 billion, up 9% from a year earlier, and adjusted EPS of $0.91 versus $0.43. The company narrowed its 2026 adjusted EBITDA guidance to $500 million to $525 million from $525 million to $560 million, citing the removal of expected second-half contribution from its Mexico joint venture, and GAAP net earnings fell sharply from the prior year, which included a large equity method gain tied to the NuScale monetization.
- Q2 2026 revenue was $4.3 billion versus $4.0 billion a year earlier; GAAP EPS was $0.81 versus $14.81, and adjusted EPS was $0.91 versus $0.43.
- 2026 adjusted EBITDA guidance was narrowed to $500 million to $525 million, down from $525 million to $560 million.
- New awards were $6.1 billion versus $1.8 billion a year earlier, while ending backlog was $26.9 billion versus $28.2 billion.
- Operating cash flow for the quarter was ($317) million, including a $357 million tax payment related to the NuScale monetization; the company repurchased $300 million of stock in the quarter and still targets $1.4 billion in repurchases for
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Aug 4, 4:58 PM ET
Fluor Corporation increased its board from ten to eleven members effective August 4, 2026, and named retired Navy Admiral James F. Caldwell Jr. to the new seat. The board determined he is independent, and he joins the Audit and Governance Committees. The filing is a routine board addition and does not contain financial results or guidance.
- Board size increased to eleven members effective August 4, 2026, per a July 30, 2026 board vote
- Admiral James F. Caldwell Jr., U.S. Navy (retired), elected to fill the new seat effective August 4, 2026
- Caldwell appointed to the Audit Committee and Governance Committee; board deemed him independent under NYSE standards
- He receives standard non-employee director compensation and will sign the company's indemnification agreement
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May 8, 7:03 AM ET
Fluor reported first-quarter 2026 results on May 8, 2026. GAAP net earnings attributable to Fluor were $160 million, or $1.08 per share, compared with a loss of $241 million a year earlier, helped by a $124 million gain on the sale of CFHI. However, revenue fell 8% to $3.6 billion, adjusted EBITDA fell to $60 million from $155 million, and the company lowered the upper end of its 2026 adjusted EBITDA guidance, which matters to shareholders because it signals weaker expected profit for the year.
- Revenue was $3.6 billion, down 8% year over year; GAAP EPS was $1.08 versus a loss of $1.42 a year earlier, while adjusted EPS was $0.14 versus $0.73.
- Adjusted EBITDA guidance for 2026 was narrowed to $525 million to $560 million from $525 million to $585 million, citing cost growth on a mining project in the Americas and a temporary slowdown on another project due to Middle East geopolit
- Mission Solutions posted a segment loss of $71 million, which included $96 million triggered by a court ruling on a lawsuit filed in 2013.
- Q1 operating cash flow was $110 million, and share repurchases totaled $516 million, with the company targeting $1.4 billion for 2026.
Read the filing on SEC.gov ↗
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