Amentum (AMTM) financial statements
Amentum reported revenue of $14.4B in fiscal 2025, up 23.3% a year over 3 years.
Net income was $66M and the operating margin 3.3%, against 1.6% in 2022.
Free cash flow was $516M.
The diluted share count rose 171% over the period (dilution).
Revenue and free cash flow
Fiscal years, $ billions.
Income statement
Fiscal years, from Amentum's 10-K filings with the SEC.
| Fiscal year | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|
| Revenue | $7.7B | $7.9B | $8.4B | $14.4B |
| Cost of revenue | $6.9B | $7.1B | $7.6B | $12.9B |
| Gross profit | $771M | $782M | $798M | $1.5B |
| Selling, general and admin | $308M | $297M | $353M | $616M |
| Operating income | $121M | $57M | $291M | $480M |
| Pre-tax income | -$64M | -$340M | -$123M | $115M |
| Income tax | $14M | -$19M | -$40M | $56M |
| Net income | -$84M | -$314M | -$82M | $66M |
| EPS (diluted) | -$0.93 | -$3.49 | -$0.90 | $0.27 |
| Diluted shares | 90M | 90M | 91M | 244M |
| Gross margin | 10.0% | 9.9% | 9.5% | 10.5% |
| Operating margin | 1.6% | 0.7% | 3.5% | 3.3% |
| Net margin | -1.1% | -4.0% | -1.0% | 0.5% |
Balance sheet
Fiscal years, from Amentum's 10-K filings with the SEC.
| Fiscal year | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|
| Cash and short-term investments | $366M | $305M | $452M | $437M |
| Receivables | — | $1.4B | $2.4B | $2.5B |
| Total current assets | — | $1.9B | $3.1B | $3.1B |
| Property, plant and equipment | — | $85M | $144M | $114M |
| Goodwill | $3.0B | $2.9B | $5.6B | $5.7B |
| Total assets | — | $6.4B | $12.0B | $11.5B |
| Total current liabilities | — | $1.4B | $2.0B | $2.4B |
| Long-term debt | — | $4.1B | $4.6B | $3.9B |
| Total liabilities | — | $6.0B | $7.4B | $6.8B |
| Shareholders' equity | $706M | $375M | $4.5B | $4.5B |
| Net debt | -$366M | $3.8B | $4.2B | $3.5B |
Cash flow
Fiscal years, from Amentum's 10-K filings with the SEC.
| Fiscal year | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|
| Operating cash flow | $126M | $67M | $47M | $543M |
| Capital spending | $18M | $12M | $11M | $27M |
| Free cash flow | $108M | $55M | $36M | $516M |
| Stock-based compensation | $3M | $3M | $18M | $21M |
| Free cash flow margin | 1.4% | 0.7% | 0.4% | 3.6% |
Every line, every quarterThe deep dive has fifteen-plus years of statements, quarterly results, charts and valuation models for AMTM.
Open AMTM in InvestinglyQuestions
What was Amentum's revenue in 2025?
$14.4B in fiscal 2025, from its 10-K filing.
How much free cash flow does Amentum generate?
$516M in fiscal 2025 (operating cash flow minus capital spending).
From Amentum's annual reports filed with the SEC (XBRL data), standardised by Investingly. Information only, not investment advice.