ABM generated strong revenue growth in the first quarter of fiscal 2026, supported by broad demand across its service segments. However, net income and margins declined year-over-year due to lower segment income and project timing impacts in Technical Solutions.
Revenue increased 6.1% year-over-year to 2243500000.
Net income declined to 38800000 from 43600000 in the prior year quarter.
Adjusted EBITDA reached 117800000 reflecting resilient operational performance.
Technical Solutions experienced margin pressure due to project timing and service mix.
ABM reaffirmed its fiscal 2026 outlook, expecting steady revenue growth and margin improvement as project timing normalizes and operational initiatives continue.
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