10-Q · June 5, 2026
ABM reported Q2 2026 revenues of $2.29 billion, reflecting an 8.4% increase from the prior year, driven by strong growth in several segments including Manufacturing & Distribution and Technical Solutions. However, the…
Earnings analysis · 10-Q
ABM earnings analysis
Filed September 8, 2026 · Our reading of the company's report
The latest report
The supplied 10-Q excerpt indicates a generally stable control and risk disclosure profile, with no material changes to market risks or formal risk factors. ABM reported approximately $2.317 billion of third-quarter…
Read full summary
The supplied 10-Q excerpt indicates a generally stable control and risk disclosure profile, with no material changes to market risks or formal risk factors. ABM reported approximately $2.317 billion of third-quarter revenue and $0.84 of GAAP diluted EPS, but the excerpt does not provide the detailed income statement, balance sheet, cash-flow, or segment tables needed to assess quarter-over-quarter and year-over-year operating trends. The principal forward-looking concerns are the multi-year ERP rollout and integration of the WGNSTAR acquisition.
Gross and operating margin
How much of each revenue dollar the business keeps.
One point per quarterly or annual filing. Both margins are shares of that report's revenue.
How we read each report
Our analysis across the last few reports.
Our model's reading of each filing, not the share price or the market's reaction. Annual and quarterly reports each occupy one position.
Reported figures
- Earnings per share
- $0.84
What stood out
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Revenue and GAAP EPS reported
The company reported third-quarter revenue of approximately $2.317 billion and GAAP diluted EPS of $0.84. Gross margin, operating margin, and free cash flow are not included in the supplied 10-Q excerpt.
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Market-risk profile unchanged
ABM had no material changes related to market risk from its October 31, 2025 Form 10-K disclosures, supporting a stable disclosed market-risk profile.
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Disclosure controls remain effective
Disclosure controls and procedures were evaluated as effective as of the end of the third quarter of 2026, according to management's certification.
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Repurchase capacity retained
No shares were repurchased during the three months ended July 31, 2026. The company had $89.0 million of remaining authorization at July 31, 2026.
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WGNSTAR integration underway
ABM completed the acquisition of WGNSTAR during the second quarter of 2026 and is continuing to integrate its policies, processes, personnel, technology, and operations.
What to watch
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Multi-year ERP transition risk
ABM states that the new ERP and boundary systems are replacing legacy systems across a significant portion of transactions, and that the remaining industry groups will transition over the next several years. Management cautions that implementation could adversely affect internal controls and procedures.
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Acquisition integration execution
The company is still integrating WGNSTAR following its second-quarter 2026 acquisition, including policies, processes, personnel, technology, and operations. Integration execution could affect internal controls and operating consistency.
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Internal-control change risk
Although management concluded disclosure controls were effective at the end of the third quarter of 2026, the filing identifies ongoing system changes that are materially affected or reasonably likely to materially affect internal control over financial reporting.
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No formal risk-factor update
The formal risk-factor section reports no material changes from the October 31, 2025 Form 10-K, while the market-risk section likewise reports no material changes. Accordingly, no new quantified risk-factor exposure is identified in the supplied filing text.
Management's outlook
The supplied 10-Q text does not provide numeric revenue or EPS guidance; quantitative outlook was disclosed separately in the September 8, 2026 earnings materials.
Earlier filings 4
10-Q · March 10, 2026
ABM reported Q1 FY2026 revenue of $2,243.5 million, up $128.6 million (+6.1%) versus Q1 FY2025 but down versus the prior quarter (Q4 FY2025 $2,300.0 million). GAAP diluted EPS was $0.64, below the prior-year quarter's…
10-K · December 19, 2025
ABM reports diversified, scale operations with revenue described as “more than $8.5 billion” and a multi-year ELEVATE transformation (launched 2021) intended to drive margin and systems improvements. The company has…
10-Q · September 5, 2025
ABM reported Q3 revenue of $2,224.0 million, up $129.8 million (+6.2%) versus Q3 2024, with operating profit of $83.4 million (operating margin ~3.8%) and diluted EPS of $0.67 versus $0.07 a year earlier. Results were…
This is our reading of a public filing, not the filing itself. Analysis can contain errors; check the source document for full context.