Amentum Cuts FY2026 Revenue Guidance While Raising EBITDA and EPS Targets
Amentum posted $3.49 billion in fiscal Q3 2026 revenue, a 2% year-over-year decline driven by joint-venture transitions, a prior-year divestiture, and program ramp-downs in its Global Engineering Solutions segment. The company simultaneously lowered its full-year revenue guidance to $13.80–$13.95 billion and raised adjusted EBITDA guidance to $1.115–$1.140 billion and adjusted diluted EPS guidance to $2.40–$2.50, without specifying the precise drivers behind the profitability improvements. Total backlog reached $48.2 billion, up from $44.6 billion a year earlier, supported by $17.7 billion in net bookings for the quarter including NASA and classified defense awards.