Amentum Q2 Diluted EPS Surges to $0.22, Net Income Up 1250%; Backlog Hits $47.8B
AMTM sits 27% above its 52-week low of $19.11 on elevated volume (2.1× avg).
Summary
Amentum Holdings reported its second-quarter 2026 results from its 10-Q filing, with diluted EPS surging to $0.22, a 1000% increase from $0.02 in the prior-year quarter. Net income also saw a significant jump of 1250% to $54 million, despite revenue remaining largely flat at $3.48 billion. This official 10-Q summary provides detailed financial metrics following earlier news and an 8-K filing on May 11th that mentioned adjusted EPS and general strong performance. The substantial growth in profitability and a $3.0 billion increase in total backlog to $47.8 billion are key positive indicators for the company's future revenue potential and operational efficiency. Traders will focus on the company's ability to convert its growing backlog into revenue and manage contract transitions.
At the time of this announcement, AMTM was trading at $24.31 on NYSE in the Industrial Applications And Services sector, with a market capitalization of approximately $5.9B. The 52-week trading range was $19.11 to $38.11. This news item was assessed with positive market sentiment and an importance score of 8 out of 10. Source: Wiseek News.