Fluor Returns to Profitability as Revenue Rises 10% in Q3 2026
Fluor reported revenue of $3.72 billion and adjusted EPS of $0.77 for the third quarter. New awards reached a record $10.9 billion, lifting backlog 21% to $34.3 billion; the company affirmed full-year adjusted EBITDA guidance of $500 million to $525 million.
Fluor Corporation reported its financial results for the third quarter of 2026, highlighting a return to profitability. The company achieved record new awards of $10.9 billion, which included projects such as LNG Canada Phase 2 and two mining contracts, contributing to a 21% increase in its backlog to $34.3 billion. Revenue for the quarter rose 10% year-over-year to $3.72 billion, with adjusted earnings per share reported at $0.77. Management affirmed its full-year 2026 adjusted EBITDA guidance of $500 million to $525 million, citing strong demand across key markets and successful conversion of its prospect pipeline.