AECOM (ACM) Q2 FY26 earnings call

AECOM delivered strong Q2 FY26 results, achieving record backlog and new second-quarter highs for NSR margins, adjusted EBITDA, and adjusted EPS, driven by robust Americas design growth and strategic investments in AI. Despite geopolitical headwinds in the Middle East and some cash flow timing issues, the company reaffirmed its full-year free cash flow guidance and raised its profit outlook, demonstrating confidence in its strategic initiatives and market positioning. The firm is leveraging AI to enhance project delivery and expand its addressable market, with significant wins attributed to it