ABM Industries Grew Revenue. The Margin Told A Different Story.

ABM Industries reported a record second quarter. Revenue hit $2.29 billion, up 8.4% year over year, including 6.1% of organic growth - the kind of top-line print that makes earnings press releases glow green. Bookings for the first half of fiscal 2026 reached $1.2 billion, also a record. Management reaffirmed its full-year adjusted EPS guidance of $3.85 to $4.15 and pointed to a free cash flow target of approximately $250 million.