Here are the 10-K annual reports from Fluor Corporation (FLR) in our archive since June 2025, newest first, and each one links through to the document itself with the summary and the scores our analysis gives it.
A 10-K covers the audited annual report, with the full financial statements, so if you follow FLR and want that one kind of document rather than the whole filing history, this is the page to keep. The company's other filings, of every form, are on the full FLR filings page.
Fluor Corporation filed Amendment No. 1 to its annual report for the year ended December 31, 2025. The amendment is focused on adding the consolidated financial statements of its significant equity investee, NuScale Power Corporation, as required by Rule 3-09 of Regulation S-X.
NuScale’s audited financial statements for 2025, 2024 and 2023 are now included by reference, and Fluor also filed new chief executive and chief financial officer certifications under Sections 302 and 906 of the Sarbanes-Oxley Act. The company states the amendment does not change its previously reported consolidated financial position, results of operations, cash flows or other disclosures.
As context, the aggregate market value of Fluor’s common stock held by non-affiliates was approximately $8.2 billion as of June 30, 2025, and 146,564,673 shares of common stock were outstanding as of January 31, 2026.
Fluor Corporation provides a detailed annual overview of its 2025 business, strategy and risk profile across its Urban Solutions, Energy Solutions and Mission Solutions segments. The company emphasizes a shift toward lower‑risk reimbursable work, with reimbursable contracts representing $20,713 million, or 81% of backlog, at December 31, 2025, and lump‑sum and guaranteed maximum contracts at $4,823 million, or 19%.
Fluor outlines four strategic priorities: portfolio growth in energy transition and advanced manufacturing, stricter contract risk terms, reinforced financial discipline and a high‑performance, technology‑enabled project culture. It highlights significant monetization of its NuScale stake, including net proceeds of $605 million from selling 15 million shares and $1.35 billion from selling 71 million shares via a variable price forward completed in February 2026, with plans to sell the remaining 40 million shares by the second quarter of 2026.
The filing notes that U.S. government agencies provided 17% of 2025 revenue and a single Urban Solutions customer contributed 15%. Human capital data show 22,995 employees, a 14% reduction from the prior year largely tied to the Stork divestiture, with 58% of staff in North America. Fluor reports strong safety performance with an OSHA total case incident rate of 0.36, better than its goal of 0.38, and details extensive training, community giving and environmental initiatives.