ABM Q3: Record $2.3B Revenue, $300M Receivables Financing, WGNSTAR Integration
ABM sits 29% above its 52-week low of $36.962 on light trading volume (0.4× avg).
Summary
ABM posted record Q3 revenue of $2.3 billion and raised full-year guidance, while adding a $300 million receivables financing facility and integrating the WGNSTAR acquisition.
Key Events · Earnings and Guidance · ABM
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Record Q3 Revenue of $2.3B
Revenue rose 4.2% to $2,317.1 million, with organic growth of 2.1% and acquisition growth of 2.1%. Net income increased 18.9% to $49.7 million, or $0.84 per diluted share.
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Operating Cash Flow Nearly Triples
Net cash provided by operating activities reached $275.0 million for the nine months ended July 31, 2026, up from $101.0 million a year earlier, driven by improved collections and payment timing.
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$300M Receivables Financing Agreement
On July 28, 2026, ABM entered a trade receivables financing agreement providing up to $300 million in revolving borrowing capacity, expiring July 27, 2029, with $402.4 million in receivables pledged as collateral.
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WGNSTAR Acquisition Integration
The $283.4 million WGNSTAR acquisition completed February 4, 2026, contributed $40.4 million in Q3 revenue and $76.9 million year-to-date, with $149.7 million in goodwill and $129.2 million in intangibles recognized.
Analysis · ABM · Trade & Services
Record Q3 revenue of $2.3 billion, up 4.2% year-over-year, was accompanied by an 18.9% rise in net income to $49.7 million. Operating cash flow nearly tripled to $275 million for the nine-month period, driven by improved collections. The company also disclosed a new $300 million receivables financing agreement and detailed the $283.4 million WGNSTAR acquisition, which contributed $40.4 million in Q3 revenue. Against a backdrop of $94.1 million in share repurchases and a restructuring program expected to deliver $35 million in annualized savings, the quarter shows solid execution but also rising leverage — total debt now stands at $1.8 billion with interest expense up 16.6%.
How filings like this one have moved
In the 30 days to Sep 9, 2026, 30% of the 1972 measured filings Wiseek scored 7 moved their stock by 5% or more by the next session's close. The median move was -0.02%. These are measured outcomes after filings of this importance, not a forecast for this one.
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At the time of this filing, ABM was trading at $47.82 on NYSE in the Trade & Services sector, with a market capitalization of approximately $2.8B. The 52-week trading range was $36.96 to $50.12. This filing was assessed with positive market sentiment and an importance score of 7 out of 10.