Overview
- Amentum posted adjusted EPS of $0.63 versus $0.59 expected on revenue of $3.925 billion versus $3.613 billion, a 77% year-over-year increase.
- Full-year results showed a swing to $66 million in net income from an $82 million loss as revenue climbed 72% to $14.39 billion following the Jacobs CMS combination.
- The company reported $47.1 billion in total backlog, $16.5 billion in net bookings with a 1.2x book-to-bill, and $5.6 billion in funded backlog, alongside a new Air Force RPA maintenance IDIQ award worth up to $995 million.
- Management guided fiscal 2026 revenue to $13.95–$14.30 billion and projected adjusted EPS of $2.25–$2.45, with targets implying growth in profitability.
- Shares surged to all-time highs following the report as Citizens, Morgan Stanley, RBC, and J.P. Morgan lifted price targets or ratings.