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Q4 FY24
Q2 FY25
Q3 FY25
Q4 FY25
Q1 FY26
Q2 FY26
Q3 FY26
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Q3 FY26
Jul 1 – Sep 30, 2026
reported Oct 29, 2026
Revenue $5.54B
+29% year over year
Gross profit $1.11B
20% margin
Operating profit $0.55B
10% margin
Net profit $0.40B
7% margin
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The numbers behind the diagram
All figures in billions of U.S. dollars, for Q3 FY26 (period ends Sep 30, 2026).
Item Value Share of revenue Year over year
Segment revenue
5.56
100%
Other revenue
1.88
34%
Network
0.97
17%
Building
0.84
15%
Mechanical services
0.65
12%
Industrial
0.35
6%
Field services
0.32
6%
Commercial market sector
0.27
5%
Manufacturing
0.27
5%
Eliminations
−0.01
−0%
Net revenue
5.54
100%
+29%
Cost of revenue −4.43 80%
Gross profit 1.11 20% margin +1pp
SG&A −0.53 9% +0pp
Other −0.03 1%
Operating profit 0.55 10% margin
Tax −0.15
Net profit 0.40
7% margin +0pp
Figures are rounded to the precision shown, so a column can differ slightly from its own total.
All figures in billions of U.S. dollars, for Q2 FY26 (period ends Jun 30, 2026).
Item Value Share of revenue Year over year
Segment revenue
5.23
101%
Mechanical construction
2.36
46%
Electrical construction
1.67
32%
Building
0.85
16%
Industrial
0.35
7%
Eliminations
−0.08
−1%
Net revenue
5.16
100%
+20%
Cost of revenue −4.13 80%
Gross profit 1.02 20% margin
SG&A −0.48 9% −1pp
Operating profit 0.55 11% margin +1pp
Tax −0.14
Net profit 0.40
8% margin +1pp
Figures are rounded to the precision shown, so a column can differ slightly from its own total.
All figures in billions of U.S. dollars, for Q1 FY26 (period ends Mar 31, 2026).
Item Value Share of revenue Year over year
Segment revenue
4.66
101%
Electrical construction
1.45
31%
Other
1.05
23%
Network
0.61
13%
Building
0.59
13%
Industrial
0.35
8%
Commercial market sector
0.24
5%
High-Tech manufacturing
0.21
4%
Institutional market sector
0.17
4%
Eliminations
−0.04
−1%
Net revenue
4.63
100%
+20%
Cost of revenue −3.76 81%
Gross profit 0.86 19% margin +0pp
SG&A −0.46 10% −1pp
Operating profit 0.40 9% margin +0pp
Tax −0.10
Net profit 0.31
7% margin +0pp
Figures are rounded to the precision shown, so a column can differ slightly from its own total.
All figures in billions of U.S. dollars, for Q4 FY25 (period ends Dec 31, 2025).
Item Value Share of revenue Year over year
Revenue
4.51
100%
+20%
Cost of revenue −3.62 80%
Gross profit 0.89 20% margin +0pp
SG&A −0.32 7%
Operating profit 0.57 13% margin +2pp
Tax −0.14
Net profit 0.44
10% margin +2pp
Figures are rounded to the precision shown, so a column can differ slightly from its own total.
All figures in billions of U.S. dollars, for Q3 FY25 (period ends Sep 30, 2025).
Item Value Share of revenue Year over year
Segment revenue
4.29
100%
Other
1.82
42%
Mechanical services
0.63
15%
+6%
Network
0.62
14%
+69%
United States industrial
0.29
7%
+0%
Field services
0.25
6%
−3%
Industrial market sector
0.24
6%
+34%
High-Tech manufacturing
0.23
5%
−42%
Commercial market sector
0.22
5%
−8%
Net revenue
4.30
100%
+16%
Cost of revenue −3.47 81%
Gross profit 0.84 19% margin +0pp
SG&A −0.43 10% +0pp
Operating profit 0.41 9% margin +0pp
Tax −0.11
Net profit 0.30
7% margin +0pp
Figures are rounded to the precision shown, so a column can differ slightly from its own total.
All figures in billions of U.S. dollars, for Q2 FY25 (period ends Jun 30, 2025).
Item Value Share of revenue Year over year
Segment revenue
4.37
102%
Mechanical construction
1.78
41%
Electrical construction
1.36
32%
United States building
0.81
19%
Industrial
0.29
7%
United Kingdom building
0.14
3%
Eliminations
−0.07
−2%
Net revenue
4.30
100%
+17%
Cost of revenue −3.47 81%
Gross profit 0.83 19% margin +1pp
SG&A −0.42 10% +0pp
Operating profit 0.42 10% margin +1pp
Tax −0.11
Net profit 0.30
7% margin +0pp
Figures are rounded to the precision shown, so a column can differ slightly from its own total.
All figures in billions of U.S. dollars, for Q4 FY24 (period ends Dec 31, 2024).
Item Value Share of revenue Year over year
Revenue
3.77
100%
+10%
United States building
3.17
84%
United Kingdom building
0.43
11%
Other
0.18
5%
Cost of revenue −3.01 80%
Gross profit 0.76 20% margin +2pp
SG&A −0.37 10% +0pp
Operating profit 0.39 10% margin +2pp
Tax −0.10
Net profit 0.29
8% margin +2pp
Figures are rounded to the precision shown, so a column can differ slightly from its own total.
Quarter by quarter
Every set of results we hold, newest first. Open one on its own page. The arrow beside a quarter shows it in the diagram above.
Quarter
Period
Reported
Revenue
Year over year
Operating margin
Net profit
Net margin
Q3 FY26
Jul 1 – Sep 30, 2026
Oct 29, 2026
$5.54B
+29%
10%
$0.40B
7%
Q2 FY26
Apr 1 – Jun 30, 2026
Jul 30, 2026
$5.16B
+20%
11%
$0.40B
8%
Q1 FY26
Jan 1 – Mar 31, 2026
Apr 29, 2026
$4.63B
+20%
9%
$0.31B
7%
Q4 FY25
Oct 1 – Dec 31, 2025
Feb 26, 2026
$4.51B
+20%
13%
$0.44B
10%
Q3 FY25
Jul 1 – Sep 30, 2025
Oct 30, 2025
$4.30B
+16%
9%
$0.30B
7%
Q2 FY25
Apr 1 – Jun 30, 2025
Jul 31, 2025
$4.30B
+17%
10%
$0.30B
7%
Q4 FY24
Oct 1 – Dec 31, 2024
Feb 26, 2025
$3.77B
+10%
10%
$0.29B
8%
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