AtkinsRéalis reports lower profit, revenue up 10%
Get the Finance newsletter
Daily finance — markets, central banks, M&A, the prints that move money. Free.
- AtkinsRéalis reported Q2 net income attributable to shareholders of $95.7-million (59 cents per diluted share) for the quarter ended June 30, down from $2.32-billion ($13.32 per share) a year earlier.
- The prior-year quarter included an after-tax gain on the company's disposal of its remaining 6.76-per-cent stake in Highway 407 ETR, accounting for most of the headline year-over-year decline.
- On an adjusted basis, AtkinsRéalis earned 97 cents per diluted share in the latest quarter, up from an adjusted 81 cents per share in Q2 2025.
- Revenue totalled $3.00-billion for the quarter, up 10 per cent from $2.72-billion a year earlier.
- The company's backlog stood at $20.2-billion as of June 30, down from $20.9-billion a year ago.
Why it matters: The headline profit collapse is an accounting artifact — last year's $2.32-billion figure was inflated by a one-time after-tax gain from divesting the Highway 407 ETR stake. Stripping that out, adjusted EPS rose to 97 cents from 81 cents, and revenue grew 10 per cent to $3.00-billion, while the backlog contracted to $20.2-billion from $20.9-billion.
