AECOM reported its first quarter (Q1) fiscal 2026 results, highlighting strong performance that exceeded expectations on all key financial metrics. The company raised its earnings guidance for fiscal 2026. Backlog reached a record high, supported by a 1.5 times book-to-burn ratio, indicating strong demand and future revenue visibility. AECOM completed a review of strategic alternatives for its Construction Management business and decided to continue owning and operating the business. Financial results for the period include the Construction Management business as a continuing operation. During the quarter, AECOM returned more than USD 340 million to shareholders through share repurchases and dividends, and the Board of Directors approved an increase in the share repurchase authorization to USD 1 billion. After the quarter ended, AECOM agreed in principle to settle a legacy project-related matter acquired with the 2014 acquisition of URS Corporation. As a result, the company expects to receive approximately USD 50 million in cash this fiscal year and recorded a non-cash loss of USD 61.8 million in discontinued operations in the fiscal first quarter.

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