Fluor Q1 FY26 net earnings swing to USD 160 million; revenue drops 8% to USD 3.6 billion

Fluor Corporation

Fluor Corporation

FLR

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  • Fluor posts Q1 2026 profit of USD 160 million, swinging from a loss a year earlier; EPS turns positive to USD 1.08.
  • Revenue drops 8% year over year to USD 3.6 billion, while segment profit narrows to USD 8 million from USD 131 million.
  • Backlog edges up to USD 25.7 billion, 82% reimbursable; new awards fall 54% to USD 2.7 billion, 98% reimbursable.
  • Adjusted EBITDA declines to USD 60 million as Urban Solutions profit slides to USD 6 million due to USD 37 million of higher mining-project costs; Mission Solutions turns to a USD 71 million loss on a USD 96 million litigation hit.
  • 2026 adjusted EBITDA outlook narrowed to USD 525 million-USD 560 million, citing Q1 cost growth on a mining project in Americas and a temporary slowdown tied to Middle East geopolitical concerns.


Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Fluor Corporation published the original content used to generate this news brief via Business Wire (Ref. ID: 20260508381076) on May 08, 2026, and is solely responsible for the information contained therein.