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ABM Industries Posts Record Q3 Revenue With 27% Adjusted EPS Growth

ABM Industries delivered record Q3 revenue and a 27% jump in adjusted EPS, prompting the company to raise its full-year free cash flow guidance as high-growth sectors like semiconductors and microgrids gain momentum.

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ABM
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ABM reported strong Q3 2026 results with record revenue, 27% adjusted EPS growth, and raised full-year free cash flow outlook, indicating positive momentum.

🎯 Key Takeaways

  • Record quarterly revenue of $2.3 billion driven by 2.1% organic growth and strategic acquisitions.
  • Adjusted EPS grew 27% year-over-year, supported by margin expansion and disciplined cost controls.
  • High-growth segments including semiconductors, microgrids, and data centers now represent over 11% of total revenue.
  • Full-year free cash flow outlook raised following strong year-to-date performance.

📝 Executive Summary

ABM Industries reported record third-quarter revenue of $2.3 billion, fueled by strong performance in its aviation and manufacturing segments. The company achieved a 27% increase in adjusted EPS and raised its full-year free cash flow outlook, citing improved operational execution and disciplined cost management despite minor project deferrals in its technical solutions division.

❓ FAQ

What drove the growth in ABM's specialized business segments?

Growth was driven by strategic investments in semiconductor manufacturing support, microgrid energy solutions, and data center infrastructure, which collectively grew significantly over the first nine months of the year.