Fluor posted net earnings of $123 million for the quarter ended June 30, 2026, versus $2.44 billion a year earlier.
Revenue rose 8.82% to $4.33 billion, while earnings before taxes swung to $156 million from a $9 million loss.
Total segment profit climbed to $170 million from $78 million, led by Energy Solutions profit of $88 million versus $15 million.
Backlog increased to $26.89 billion at June 30, 2026 from $25.54 billion at Dec. 31, 2025, with new awards of $6.1 billion versus $1.77 billion.
Divestiture and share repurchases
Completed NuScale divestiture with $1.83 billion of proceeds in the first half; repurchased $816 million of stock, targeting about $1.4 billion in 2026.
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