Amentum Holdings, Inc. reported results for its fiscal quarter ended April 3, 2026, showing sharply improved profitability despite nearly flat revenue and continued effects from government funding delays and portfolio reshaping. The company, which provides advanced engineering and technology services to U.S. and allied government agencies and commercial customers, said second-quarter revenue was $3.478 billion, down slightly from $3.491 billion in the comparable quarter ended March 28, 2025. The company’s operating income rose to $151 million from $110 million a year earlier, a 37.3% increase. Management attributed the improvement largely to lower selling, general and administrative costs, synergies from the merger involving Jacobs Solutions Inc.’s Critical Mission Solutions business and portions of its Divergent Solutions business, and reduced amortization of intangible assets. SG&A expense fell to $124 million from $145 million, while amortization of intangibles declined to $94 million from $120 million, reflecting the full amortization in the prior year of backlog associated with the CMS merger. Amentum also benefited from higher equity earnings from non-consolidated subsidiaries, which increased to $24 million from $8 million. The.