ABM Industries Posts Record Revenue in Q3 FY26 Driven by Aviation and M&D Segments
For its third quarter of fiscal year 2026, ABM Industries Inc. (NYSE:ABM) reported record revenue of $2.3 billion, reflecting a combined acquisitive and organic growth rate of 4.2%. The company's adjusted EBITDA rose by 11% to $139.6 million compared to the same period in FY25, while its adjusted net income increased by 19%, reaching $61.5 million with an adjusted diluted EPS of $1.04. The Aviation and Manufacturing & Distribution (M&D) segments were key contributors to ABM's growth, expanding by 12.5% and 17.6%, respectively. The M&D segment benefited from strong technology market trends and the recent acquisition of WGNstar, while the Aviation division saw a boost due to increased air travel demand and progress on its London Heathrow contract.
Tickers: $ABM
Topics: ebitda free_cash_flow revenue_growth segment_performance