ABM Industries Incorporated (ABM) Earnings Call Transcripts

ABM Industries Incorporated's Latest Earnings Call - Q2 FY2026

In the second quarter of fiscal 2026, ABM Industries reported a record revenue of $2.3 billion, reflecting an 8.4% year-over-year increase, driven by 6.1% organic growth and contributions from acquisitions. Net income rose to $43.1 million, or $0.73 per diluted share, compared to $42.2 million, or $0.67 per diluted share in the prior year. Management maintained its fiscal 2026 adjusted EPS guidance of $3.85 to $4.15, indicating confidence despite macroeconomic uncertainties, while signaling a potential ramp-up in earnings and margins in the second half of the year.

Reported metrics

Guidance from management

Management expects full-year adjusted EPS in the range of $3.85 to $4.15, with organic revenue growth projected at 3% to 4%, leaning towards the higher end. They anticipate margin expansion in the second half of the year driven by improved service mix and volume.

What management said

Tim, it's David. Thanks for the question. We did have a really good quarter on the battery energy storage side. There was a couple of large projects, as you mentioned. And those projects carry a little bit different profile, right? They're heavy on equipment, heavy on infrastructure and the margins are a little less just because you've got so much equipment going into the jobs. But we see that momentum continuing on ...

Yes. And Tim, just to give you a little more build out on that. And I'll go super high level on this, but when you look at our ATS project work, you can almost think of it in two phases. It's like the design and the engineering and then it's turning the wrenches part. And then turning the wrenches part is lower margin than designing and engineering. So when you look at the mix for this quarter when you look at margi...

What analysts pressed on

Analysts expressed concerns about the B&I segment's flat growth and potential further deceleration due to client exits. Additionally, there were questions regarding the impact of rising fuel costs on the Aviation segment and the overall macroeconomic environment's effect on future performance.

Main topics on the call

• Record New Sales Bookings — ABM achieved record new sales bookings of $1.2 billion in the first half of 2026, indicating strong demand and client confidence. CEO Scott Salmirs noted, "Clients continue to want to work for us," highlighting the strat...
• Segment Performance Insights — Technical Solutions and Aviation segments led revenue growth with increases of 27% and 20%, respectively. The strong performance in Technical Solutions was attributed to robust activity in data centers and battery energy...
• B&I Segment Challenges — The Business & Industry (B&I) segment experienced flat growth due to client exits, particularly a significant U.K. client. Management expects growth to moderate in the back half of the year, stating, "The TfL exit accoun...
• Margin Improvement Expectations — Management anticipates sequential margin improvement in the second half of the year, driven by improved service mix and ongoing cost actions. CFO David Orr stated, "We expect healthy sequential margin improvement in the ...

Read the full ABM Industries Incorporated transcript (Q2 FY2026) → Summary generated from the call transcript; every figure above is stated by management on the record.

Earnings Call History

EarningsCalls.dev has 27 ABM Industries Incorporated earnings call transcripts on record, spanning March 5, 2020 to June 5, 2026. Based on this history, ABM Industries Incorporated reports quarterly. The most recent call on file is dated June 5, 2026. The full list is below — each row opens the complete, free-to-read transcript.

Ticker

ABM

Exchange

NYSE

Country

US

Sector

Industrials

Industry

Commercial Services and Supplies

Calls on record

27

First call

March 5, 2020

Most recent

June 5, 2026

Reporting cadence

quarterly