ABM Industries Incorporated (ABM) Earnings: Q3 Fiscal 2026 Results and Next Report Date
Last updated November 2026
Short answer
ABM Industries reported revenue of $2.3 billion for Q3 fiscal 2026, up 4% from a year earlier (ABM Industries, Sep 8, 2026). Diluted EPS was $0.84, up 25% from $0.67. Business & Industry brought in $1,012 million, down 3%. ABM Industries next reports around December 16, 2026 (an estimated date). Every figure is from ABM Industries's release. Walnut is informational, not investment advice.
ABM Q3 fiscal 2026 results
In one sentence
ABM Industries reported revenue of $2.3 billion for Q3 fiscal 2026, up 4% from a year earlier (ABM Industries, Sep 8, 2026).
| Measure | Q3 fiscal 2026 | Q3 fiscal 2025 | Change |
|---|---|---|---|
| Revenue | $2,317 million | $2,224 million | up 4% |
| Diluted EPS (GAAP) | $0.84 | $0.67 | up 25% |
| Diluted EPS (adjusted) | $1.04 | $0.82 | up 27% |
| Net income | $49.7 million | $41.8 million | up 19% |
The quarter ended July 31, 2026 and ABM Industries published the results on September 8, 2026. Revenue and diluted EPS are shown against Q3 fiscal 2025, the same quarter a year earlier, which takes seasonal swings out of the comparison. ABM Industries reports EPS two ways: GAAP, under the accounting rules every US filer follows, and adjusted, which leaves out items the company considers outside its operating results. The release reconciles the two, and when they diverge, the reconciliation says why.
- ABM's fiscal year ends October 31. Q3 fiscal 2026 is the three months ended July 31, 2026.
- After communications with SEC staff, ABM revised its adjusted net income, adjusted EPS and adjusted EBITDA so they no longer exclude prior year self-insurance adjustments.
Source: ABM Q3 fiscal 2026 earnings release, September 8, 2026. Also in the Form 10-Q for the quarter ended July 31, 2026. Figures as reported; checked against the release on November 10, 2026.
ABM revenue by segment
How ABM Industries splits revenue in its own release, under its own labels, for Q3 fiscal 2026 against Q3 fiscal 2025. Indented lines are parts of the line above them.
| Revenues by segment | Q3 fiscal 2026 | Q3 fiscal 2025 | Change |
|---|---|---|---|
| Business & Industry | $1,012 million | $1,039 million | down 3% |
| Manufacturing & Distribution | $481 million | $409 million | up 18% |
| Aviation | $328 million | $292 million | up 12% |
| Education | $236 million | $235 million | flat |
| Technical Solutions | $260 million | $250 million | up 4% |
- ABM Industries's Business & Industry revenue was $1.0 billion in Q3 fiscal 2026, down 3% from $1.0 billion in Q3 fiscal 2025, 44% of total revenue.
- ABM Industries's Manufacturing & Distribution revenue was $481 million in Q3 fiscal 2026, up 18% from $409 million in Q3 fiscal 2025, 21% of total revenue.
- ABM Industries's Aviation revenue was $328 million in Q3 fiscal 2026, up 12% from $292 million in Q3 fiscal 2025, 14% of total revenue.
- ABM Industries's Education revenue was $236 million in Q3 fiscal 2026, flat on $235 million in Q3 fiscal 2025, 10% of total revenue.
- ABM Industries's Technical Solutions revenue was $260 million in Q3 fiscal 2026, up 4% from $250 million in Q3 fiscal 2025, 11% of total revenue.
Segment lines are the figures writers cite most often, because they show where the growth in a quarter came from. Companies redraw their segments from time to time and restate the prior year to match, so a year-ago figure here can differ from the one printed a year ago. When that has happened, the note above says so.
ABM Industries's outlook for fiscal 2026
From the earnings release
In its Q3 fiscal 2026 release, ABM Industries said:
“The Company is raising the midpoint of its adjusted EPS outlook. The range is now $3.95 to $4.10, versus the previous range of $3.85 to $4.15, reflecting its third quarter performance and confidence in the Company's ability to deliver a strong fourth quarter.”
“The Company's full year organic revenue growth outlook remains unchanged, with performance expected near the top end of the 3% to 4% range, and total revenue growth continues to be expected toward the top end of the 4% to 5% range.”
“Segment operating margin, defined as total segment operating profit divided by total revenue, is now projected to be in the range of 7.7% to 7.8%, versus the previous range of 7.8% to 8.0%.”
“Full-year interest expense remains forecast at approximately $110 million, and the normalized tax rate is still expected to be between 29% and 30%, excluding discrete and non-taxable items.”
Source: ABM Q3 fiscal 2026 earnings release, Sep 8, 2026.
This is the company's own guidance as of Sep 8, 2026, quoted as given. Walnut does not make forecasts of its own. Analyst estimates for the coming quarters are on the ABM forecast page.
ABM recent quarters
Revenue and diluted EPS for the last 5 quarters. Each date links to that quarter's release.
| Quarter | Revenue | Diluted EPS | Reported |
|---|---|---|---|
ended Jul 31, 2026 | $2,317 million | $0.84 | Sep 8, 2026 |
Q2 fiscal 2026 ended Apr 30, 2026 | $2,290 million | $0.73 | Jun 5, 2026 |
Q1 fiscal 2026 ended Jan 31, 2026 | $2,244 million | $0.64 | Mar 10, 2026 |
Q4 fiscal 2025 ended Oct 31, 2025 | $2,295 million | $0.56 | Dec 17, 2025 |
Q3 fiscal 2025 ended Jul 31, 2025 | $2,224 million | $0.67 | Sep 5, 2025 |
GAAP figures, each as first reported in that quarter's release.
When does ABM report earnings next?
ABM Industries's next report is expected around December 16, 2026, a date estimated from its reporting history that the company has not yet confirmed. This page will show Q3 fiscal 2026 until those results are out and have been checked against the release.
Past ABM Industries quarterly reports
Each quarter keeps its own page with the figures as reported, so a link to one stays pointed at the same numbers after the next report.
- Q3 fiscal 2026 (this page), reported Sep 8, 2026
What ABM Industries's revenue is made of
ABM Industries reports five segments. Business & Industry, which sells janitorial, maintenance, facilities engineering and parking services mainly to commercial real estate, is the largest at $1,012.2 million of the $2,317.1 million total in Q3 fiscal 2026. Manufacturing & Distribution brought in $481.0 million, Aviation $328.1 million, Technical Solutions $259.9 million and Education $235.8 million. (ABM Q3 fiscal 2026 earnings release, Sep 8, 2026; ABM Form 10-K, fiscal 2025, Dec 19, 2025)
By service line, ABM's janitorial work was $1,293.9 million of quarterly revenue, against $1,323.8 million a year earlier. Aviation services were $162.6 million, parking and transportation $208.8 million, operations and maintenance $383.7 million, and building and energy solutions $268.1 million. The 10-Q says these contracts are often structured as monthly fixed-price, square-foot, cost-plus and work order arrangements. (ABM Form 10-Q, Q3 fiscal 2026, Sep 8, 2026)
ABM's revenue rose 4.2% to a quarterly record, split evenly between 2.1% organic growth and 2.1% from acquisitions. Manufacturing & Distribution grew 18% on the WGNstar acquisition, client wins and expansions in technology-related markets, and Aviation grew 12% on air travel and the ramp of the London Heathrow contract. (ABM Q3 fiscal 2026 earnings release, Sep 8, 2026)
ABM bought WGNstar, a provider of managed workforce solutions and equipment support services for the semiconductor and high-technology industries in the United States and Ireland, on February 4, 2026, for aggregate consideration of approximately $283.4 million, financed with cash and a new incremental term loan. (ABM Form 10-Q, Q3 fiscal 2026, Sep 8, 2026)
Two segments were weaker. Technical Solutions grew 4% on HVAC activity and an acquisition, but ABM says revenue was below expectations because a large client deferred certain projects. Business & Industry declined 2.6% after the previously announced exit of a large UK-based client and continued softness on the US west coast. (ABM Q3 fiscal 2026 earnings release, Sep 8, 2026)
What ABM Industries's EPS includes
ABM Industries' GAAP diluted EPS rose 25% to $0.84 in Q3 fiscal 2026 and adjusted EPS rose to $1.04 from $0.82. The adjusted figure excludes $16.3 million of items before tax, $11.8 million after tax: $7.8 million of restructuring, $6.3 million of transformation initiative costs, $1.4 million of legal costs and settlements, $0.5 million of acquisition and integration costs and $0.3 million of other items. (ABM Q3 fiscal 2026 earnings release, Sep 8, 2026)
A lower tax rate and fewer shares helped. ABM's effective tax rate was 21.3% in the quarter, against 29.6% a year earlier, reduced by discrete items, primarily research and development tax credits and enhanced Work Opportunity Tax Credits. Diluted shares fell to 59.3 million from 62.8 million after ABM repurchased 2.13 million shares for $94.1 million earlier in the fiscal year; it bought none in the quarter itself. (ABM Form 10-Q, Q3 fiscal 2026, Sep 8, 2026; ABM Q3 fiscal 2026 earnings release, Sep 8, 2026)
Interest expense rose to $29.5 million from $25.3 million, which ABM ties to the WGNstar acquisition. Segment operating margin was 7.7%, the same as a year earlier, as operational efficiencies offset pressures in Aviation and higher acquisition-related amortization in Manufacturing & Distribution. (ABM Q3 fiscal 2026 earnings release, Sep 8, 2026)
Diluted EPS divides net income by the weighted average number of shares outstanding in the quarter, plus the shares that options and other equity awards could add. Buybacks shrink that count and lift EPS for the same profit; share issuance and stock awards enlarge it.
Consensus and guidance at ABM Industries
ABM Industries gives a full-year outlook in its release. With Q3 fiscal 2026 results it narrowed adjusted EPS guidance to $3.95 to $4.10 from $3.85 to $4.15, and cut its segment operating margin range to 7.7% to 7.8% from 7.8% to 8.0%. Organic revenue growth is expected near the top end of 3% to 4% and total revenue growth toward the top end of 4% to 5%. (ABM Q3 fiscal 2026 earnings release, Sep 8, 2026)
ABM raised its fiscal 2026 cash outlook to approximately $300 million of operating cash flow and $210 million of free cash flow, and kept interest expense at approximately $110 million and the normalized tax rate at 29% to 30%. Its CEO said Technical Solutions should ramp sequentially in the fourth quarter as deferred projects are executed. (ABM Q3 fiscal 2026 earnings release, Sep 8, 2026)
A consensus figure is the average of the models published by the analysts who cover ABM Industries, collected by a data provider and revised up to the day of the report. A quarter that lands above it says how expectations were set as much as how the business did, and the share price on the day also reflects the guidance and the lines no consensus covers.
The consensus figures on this page are Yahoo Finance's, as pulled on the date shown. Each comes with the number of analysts behind it; the smaller that number, the more one revised estimate can move the average.
The numbers analysts watch at ABM Industries
The figures below are the ones ABM Industries's own release and filings put weight on for Q3 fiscal 2026, with the latest reported value for each.
| Metric | Latest reported |
|---|---|
| Organic revenue growth | 2.1% Plus 2.1% from acquisitions ABM Q3 fiscal 2026 earnings release, Sep 8, 2026 |
| Segment operating margin | 7.7%, flat year over year Up 40 basis points sequentially ABM Q3 fiscal 2026 earnings release, Sep 8, 2026 |
| Adjusted EBITDA | $139.6 million, up 11% $125.8 million a year earlier ABM Q3 fiscal 2026 earnings release, Sep 8, 2026 |
| Free cash flow | $128.4 million in the quarter $199.6 million over nine months, against $42.4 million ABM Q3 fiscal 2026 earnings release, Sep 8, 2026 |
| Total leverage ratio | 2.9x Total indebtedness $1.8 billion; available liquidity $605.8 million ABM Q3 fiscal 2026 earnings release, Sep 8, 2026 |
| Fiscal 2026 adjusted EPS outlook | $3.95 to $4.10 Previously $3.85 to $4.15 ABM Q3 fiscal 2026 earnings release, Sep 8, 2026 |
What the quarter means for a holding is a separate question from what it reported. The case for and against owning ABM is on is ABM a buy or a sell?, what analysts expect next is on the ABM forecast, and what the company does is on the ABM Industries Incorporated (ABM) stock page.
How to check ABM's figures yourself
Every number on this page can be traced to a document ABM Industries published. Checking one takes a couple of minutes, and it is worth doing before you quote a figure anywhere.
- The results release is the document linked in the source line above. Companies publish it on their investor relations site at the moment results go out, and it carries the headline tables: revenue, operating income, net income and EPS for the quarter and the year-ago quarter.
- The same release is filed with the SEC as Exhibit 99.1 to a Form 8-K under Item 2.02, usually on the day of the report. The SEC copy does not change after the fact, which makes it the safer thing to link when you cite a number.
- The quarterly report (Form 10-Q) follows within a few weeks and carries the full financial statements, the segment note and management's discussion of what changed. The fourth quarter is covered by the annual report (Form 10-K) instead.
- Restated comparisons are flagged in the notes on this page. When a company redraws its segments or changes how it adjusts EPS, it restates the year-ago column, so the year-ago figure in a new release can differ from the one printed a year ago. This page always uses the comparison in the newer release, because that is the like-for-like one.
A walk-through of every line in a release, with what each one tells you, is in how to read an earnings report.
Your questions about ABM Industries
Ask Walnut's AI anything about ABM and see how it fits what you own.
FAQ
What was ABM Industries's revenue last quarter?
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ABM Industries reported revenue of $2,317 million for Q3 fiscal 2026, the quarter ended July 31, 2026, against $2,224 million in Q3 fiscal 2025 (up 4%). The figures come from ABM Industries's results release of September 8, 2026.
What guidance did ABM Industries give for fiscal 2026?
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In its Q3 fiscal 2026 release, ABM Industries said: "The Company is raising the midpoint of its adjusted EPS outlook. The range is now $3.95 to $4.10, versus the previous range of $3.85 to $4.15, reflecting its third quarter performance and confidence in the Company's ability to deliver a strong fourth quarter. The Company's full year organic revenue growth outlook remains unchanged, with performance expected near the top end of the 3% to 4% range, and total revenue growth continues to be expected toward the top end of the 4% to 5% range. Segment operating margin, defined as total segment operating profit divided by total revenue, is now projected to be in the range of 7.7% to 7.8%, versus the previous range of 7.8% to 8.0%. Full-year interest expense remains forecast at approximately $110 million, and the normalized tax rate is still expected to be between 29% and 30%, excluding discrete and non-taxable items." That is the company's own outlook as of Sep 8, 2026, and companies revise outlooks as the quarter goes on.
When does ABM report earnings next?
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ABM Industries's next report is expected around December 16, 2026, a date estimated from its reporting history that the company has not confirmed. This page carries Q3 fiscal 2026 until those results are out and checked against the release.
Where does ABM Industries's revenue come from?
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ABM Industries's Business & Industry revenue was $1.0 billion in Q3 fiscal 2026, down 3% from $1.0 billion in Q3 fiscal 2025, 44% of total revenue. ABM Industries's Manufacturing & Distribution revenue was $481 million in Q3 fiscal 2026, up 18% from $409 million in Q3 fiscal 2025, 21% of total revenue. ABM Industries's Aviation revenue was $328 million in Q3 fiscal 2026, up 12% from $292 million in Q3 fiscal 2025, 14% of total revenue. ABM Industries's Education revenue was $236 million in Q3 fiscal 2026, flat on $235 million in Q3 fiscal 2025, 10% of total revenue. ABM Industries's Technical Solutions revenue was $260 million in Q3 fiscal 2026, up 4% from $250 million in Q3 fiscal 2025, 11% of total revenue. These are the lines of ABM Industries's own "revenues by segment" table for Q3 fiscal 2026.
How much did ABM Industries's revenue grow last quarter?
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Up 4% on the year: $2,317 million in Q3 fiscal 2026 against $2,224 million in Q3 fiscal 2025. That is the year-over-year comparison, the same quarter a year apart, so seasonal patterns in ABM Industries's business do not distort it.
What is the difference between ABM Industries's GAAP and adjusted EPS?
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GAAP EPS follows US accounting rules and is the figure in the audited statements. ABM Industries's adjusted EPS starts from it and removes items the company considers outside its operating results; the release lists each adjustment in a reconciliation table. For Q3 fiscal 2026 the two were $0.84 and $1.04. Analysts' EPS estimates are usually built on the adjusted figure, so check which one a headline compares before you repeat it.
Why is ABM Industries's quarter called Q3 fiscal 2026?
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ABM Industries's fiscal year does not follow the calendar year, so Q3 fiscal 2026 is the quarter that ended July 31, 2026. When you compare ABM with a company that reports on the calendar year, line quarters up by the date they ended, not by their names.
Where do the ABM numbers on this page come from?
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From ABM Industries's own results release and its Form 10-Q for the quarter ended July 31, 2026, copied as printed, in millions of US dollars. Percent changes are worked out from those figures and rounded to a whole percent, which matches how the release states them. Nothing on this page is an estimate except the consensus, which is labelled with its source and date.
Walnut is informational, not investment advice. Reported figures are copied from ABM Industries's results release and filings; consensus figures, where shown, are third-party estimates captured before the report. Verify figures against the source before relying on them.