AECOM — May 11, 2026 release

‒ Reiterated organic NSR 1 growth range of between 6% and 8%, which excludes the expected approximately 200 basis point impact of fewer working days in fiscal 2026. ‒ A segment adjusted operating margin 3 of 16.8% and an adjusted EBITDA margin 4 of 17.0%. ‒ Free cash flow 8 of approximately $400 million. - An average fully diluted share count of 130 million, which does not include any potential future benefits from capital allocation actions not yet taken, including potential repurchases. - An adjusted effective tax rate of approximately 20 – 22%. · In addition, the Company reaffirmed its long-term financial targets, which includes its expectation to deliver a 20%+ margin exit rate by fiscal 2028 and to grow adjusted 2 EPS at a 15%+ CAGR from fiscal 2026 to fiscal 2029. · See the Regulation G Information tables at the end of this release for a reconciliation of non-GAAP measures to the most directly comparable GAAP measures.   Business Segments   Americas   Revenue in the second quarter was $2.9 billion, a 1% increase from the prior year. Net service revenue 1 in the second quarter was $1.2 billion, a 5% increase from the prior year, driven by 8% growth in the Americas design business.   Operating income increased by 5% over the prior year to $228 million and on an adjusted 2 basis increased by 10% to $239 million. The adjusted operating margin on net service revenue increased by 60 basis points over the prior year to 20.0%, which marked a new all-time high for a second quarter.