ABM Industries reports developments in integrated facility, engineering and infrastructure services across commercial real estate, aviation, education, mission critical, manufacturing and distribution markets. Company news commonly covers operating and financial results, dividends, share repurchases, client partnerships, and service programs such as ABM Performance Solutions for facility operations, maintenance, cleaning and performance management.
ABM updates also describe technology-enabled facility platforms, including ABM Connect, and infrastructure work tied to energy systems and EV charging. Recent company developments include expanded technical capabilities in semiconductor fabrication environments following the completed WGNSTAR acquisition.
ABM (NYSE: ABM) will participate in a fireside chat at the RW Baird Global Industrial Conference on November 12, 2026.
Chief Financial Officer David Orr and Senior Vice President of Investor Relations Paul Goldberg will participate in Chicago at 10:05 AM ET (9:05 CT). Management will also host investor meetings throughout the day. A live video webcast link will be available at investor.abm.com.
ABM (NYSE: ABM) announced its AACON-RavenVolt joint venture received a U.S. Army Corps of Engineers construction contract for a military microgrid.
The Louisville District awarded the project at White Sands Missile Range in New Mexico under the Department of Defense’s Energy Resilience and Conservation Investment Program. RavenVolt, ABM’s energy solutions subsidiary, partners with AACON General Contractors in the venture. The planned system combines solar power, battery storage, backup generators and controls. ABM says it is designed to sustain critical operations during grid outages and other power disruptions. The construction scope also includes electrical distribution lines, fiber optic communications and security infrastructure.
ABM (NYSE: ABM) announced executive leadership changes effective November 1, 2026, including Chief Operating Officer Rene Jacobsen’s retirement.
Jacobsen will remain an Executive Advisor through February 1, 2027. Richard Sykes, currently President of ABM U.K. & Ireland, will become President, Facility Solutions, overseeing cleaning, maintenance, support services, parking, transportation and landscape across the United States, United Kingdom and Ireland. Mark Hawkinson, currently President of Technical Solutions, will become President, Engineering & Infrastructure Solutions, overseeing technical services and infrastructure capabilities, including engineering, HVAC and mechanical, and energy and power. Both newly created roles will report to President and CEO Scott Salmirs.
ABM (ABM) extended its partnership with SoFi Stadium and YouTube Theater, continuing engineering and janitorial services across both venues.
The relationship began before the venues opened in September 2020. ABM supports the 3.1-million-square-foot stadium and the 227,000-square-foot theater as they host sports and entertainment events. At SoFi Stadium alone, ABM provides approximately 84,000 hours of engineering services annually, while its janitorial operation can scale to more than 250 team members on major event days.
ABM (ABM) highlighted its existing janitorial partnership with the Arizona Cardinals at State Farm Stadium, supported by more than 200 professionals.
ABM has provided janitorial services across the 1.7-million-square-foot venue since 2022, preparing it for Cardinals games, concerts and other events.
ABM (ABM) won the Brand and Reputation Excellence category in the 2026 Gartner Marketing and Communications Awards for its rebrand.
The recognized entry, Driving Possibility Together: ABM Rebrand Launch, introduced the “Driving possibility, together” brand through an internal rollout before its external launch. Since the launch, website conversion rates have increased 60%. Regular use of ABM’s new Brand Center has reached 75% of staff and management, more than double its initial goal. Digital media and sports sponsorships have generated 40 million impressions, more than twice ABM’s previous average.
ABM (ABM) has opened the ABM Technical Training Center in Boise, Idaho, to train new technicians for advanced semiconductor manufacturing.
The Boise facility builds on expertise gained from ABM’s WGNSTAR acquisition and extends existing training operations in Austin, Texas. At launch, it is expected to accommodate approximately 500 participants per year. The employer-agnostic program, endorsed by industry group SEMI, blends classroom instruction, hands-on labs, and virtual reality simulations, and provides graduates with an industry-recognized Swagelok certification for entry-level semiconductor technical roles.
ABM (ABM) reported fiscal Q3 2026 results with revenue up 4.2% year over year to a record $2.32 billion and net income up 18.9% to $49.7 million, or $0.84 per diluted share.
Organic revenue grew 2.1%, with Manufacturing & Distribution up 18% and Aviation up 12%, while Business & Industry declined 2.6% and ATS grew 4% but fell short of expectations due to project deferrals. Adjusted net income rose 19% to $61.5 million, or $1.04 per diluted share, and adjusted EBITDA increased 11% to $139.6 million. Q3 operating cash flow was $146.8 million and free cash flow $128.4 million; for the first nine months, operating cash flow reached $275.0 million and free cash flow $199.6 million, both sharply higher than a year earlier.
Total indebtedness was $1.8 billion with a leverage ratio of 2.9x and available liquidity of $605.8 million, supported by a new $300 million trade receivables financing facility. ABM raised its fiscal 2026 adjusted EPS outlook to $3.95–$4.10 and now expects about $300 million in operating cash flow and $210 million in free cash flow, while slightly reducing its segment operating margin outlook to 7.7–7.8%. The board declared a quarterly dividend of $0.29 per share, payable November 2, 2026.
ABM (NYSE: ABM) will release its fiscal third quarter 2026 financial results on Tuesday, September 8, 2026, before market open. The company will host a conference call the same day at 8:30 AM (ET), accessible via webcast on its investor website and by domestic or international dial-in, with replay options available.
ABM (NYSE: ABM) launched a robotics pilot at LaGuardia Airport’s Terminal B in partnership with LaGuardia Gateway Partners. The program introduces autonomous inspection and cleaning robots, including a robotic quadruped “dog,” autonomous floor scrubbers, and autonomous vacuums, to enhance safety, efficiency, and the passenger experience.