Fluor (FLR) Q2 2026 Earnings
How Did FLR Stock React to Q2 2026 Earnings?
S&P 500 over the same 30 days: −1.40%.
Did FLR Beat Earnings? Q2 2026 Results
Yes. Fluor reported Q2 2026 earnings of $0.91 a share on Aug 7, 2026, beating the $0.70 consensus estimate by 29.6%. Revenue was $4.3B against a $3.9B estimate.
Fluor Corporation delivered a standout second quarter for fiscal 2026, posting adjusted EPS of $0.91 against a consensus estimate of $0.70, a beat of 29.59%, while revenue of $4.33 billion topped expectations by 12.06% and grew 8.8% year over year. The headline driver behind the revenue strength was Urban Solutions, which surged from $2.07 billion to $2.90 billion on robust mining, metals, and infrastructure execution, even as the segment absorbed $44 million in cost growth on the Gordie Howe International Bridge project. New awards of $6.10 billion, up sharply from $1.77 billion a year ago and 89% reimbursable, signaled strong pipeline conversion that analysts had been watching closely heading into the print. GAAP net earnings attributable to Fluor came in at $114 million, or $0.81 diluted EPS, with year-ago comparisons heavily distorted by NuScale-related equity method gains. Looking ahead, Fluor narrowed its full-year adjusted EBITDA guidance to $500 million to $525 million, reflecting the removal of second-half contributions from its divested Mexico joint venture, while reiterating its $1.40 billion share repurchase target for 2026.
- Increased execution levels on mining and metals projects in Urban Solutions
- Favorable close-out items in Energy Solutions including Mexico JV divestiture
- Improved award fee performance within DOE portfolio in Mission Solutions
- $44 million cost growth on Gordie Howe International Bridge project due to foreign currency, subcontractor bankruptcy, and client-driven changes
- Strong new awards of $6.1 billion with 89% reimbursable
- G&A expenses reduced to $41 million from $52 million year-over-year
“Our second quarter awards demonstrate the successful pull-through of our front-end work and the confidence clients have in Fluor to advance their most important investments.”
Fluor CEO, on the earnings call
What Is Fluor's Outlook?
Fluor narrowed its 2026 adjusted EBITDA guidance from $525–$560 million to $500–$525 million, reflecting the removal of previously estimated second-half contributions from the divested Mexico JV. The company is still targeting $1.4 billion in share repurchases for 2026. The company is not providing forward-looking guidance for U.S. GAAP net earnings or EPS.
FLR YoY Financials
| Metric | Q2 2026 | Q2 2025 | Year over year |
|---|---|---|---|
| Revenue | $4.3B | $4.0B | +8.8% |
| Net Income | $114.0M | $2.5B | −95.4% |
FLR Revenue by Segment
When Does Fluor Report Next?
Figures from SEC filings and company reports. Not investment advice.