Amcor

AMCR Q3 2026 Earnings

Reported May 6, 2026 at 6:05 AM ET · SEC Source

Q3 26 EPS

$0.96

Q3 26 Revenue

$5.91B

Did AMCR Beat Earnings? Q3 2026 Results

Amcor plc delivered third-quarter fiscal 2026 results that landed in line with its own expectations, posting earnings per share of $0.96 and revenue of $5.91 billion as the packaging giant's first full year of Berry Global ownership continued to resh… Read more Amcor plc delivered third-quarter fiscal 2026 results that landed in line with its own expectations, posting earnings per share of $0.96 and revenue of $5.91 billion as the packaging giant's first full year of Berry Global ownership continued to reshape its financial profile. The Berry acquisition, completed April 30, 2025, was the dominant force behind reported growth, contributing approximately $2.40 billion in acquired net sales net of divestments, while on a combined pro-forma basis underlying volumes ran about 1.5% lower year over year. Integration progress offered a constructive counterweight, with synergy realization reaching $77.00 million in the quarter, at the upper end of management's expectations, and $140.00 million delivered year-to-date toward a full-year target of $270.00 million. Looking ahead, Amcor held its adjusted EPS guidance steady at $3.98 to $4.03 for fiscal 2026, representing approximately 12% growth at the midpoint, though free cash flow guidance was trimmed to $1.50 billion to $1.60 billion from $1.80 billion to $1.90 billion previously, reflecting higher inventory costs tied to Middle East conflict disruptions.

Key Takeaways

  • Berry Global acquisition contributed approximately $2.4 billion of acquired net sales net of divestments in Q3
  • Acquisition synergies of $77 million in Q3, at upper end of expectations
  • Adjusted EBITDA margin expanded to 15.1% from 14.3% year over year
  • Rigid segment adjusted EBIT margins expanded 280 basis points to 10.4%
  • Disciplined cost management and productivity initiatives partially offset lower volumes
  • Combined volumes approximately 1.5% lower year over year across both segments

AMCR Forward Guidance & Outlook

For fiscal year ending June 30, 2026, Amcor expects adjusted EPS of $3.98 to $4.03, representing approximately 12% growth at the midpoint, while mitigating the adjusted EPS impact of the Middle East conflict. Full-year guidance includes $270 million in pre-tax synergy benefits from the Berry acquisition. Free cash flow guidance was revised down to $1.5-1.6 billion from the previous $1.8-1.9 billion, reflecting higher inventory levels at higher cost to secure customer service levels given Middle East conflict impacts. Guidance reflects full 12 months ownership of Berry and does not account for potential portfolio optimization actions that may be completed during the year.

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AMCR YoY Financials

Q3 2026 vs Q3 2025, source: SEC Filings

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AMCR Revenue by Segment

With YoY comparisons, source: SEC Filings

Q3 25 Q3 26

“Third quarter results were in line with expectations and reflect the resilience of our business as we mark the first anniversary of bringing legacy Amcor and Berry together as One Amcor. Over the past year, we have executed a smooth integration, built a strong leadership structure, and made meaningful progress on synergy delivery and portfolio optimization.”

— Peter Konieczny, Q3 2026 Earnings Press Release