Fluor Corporation experienced a challenging third quarter in 2025, reporting a GAAP net loss of $697 million, largely driven by a $653 million charge related to the Santos ruling and a $401 million reduction in NuScale's share price. Despite these significant impacts, the company achieved $3.3 billion in new awards, with 99% being reimbursable, and reported a strong adjusted EPS of $0.68, up 33% year-over-year. The company also generated $286 million in operating cash flow and increased its full-year guidance for adjusted EPS and EBITDA.

Fluor's second quarter 2025 results were mixed, with a 6% year-over-year decrease in revenue to $4.0 billion. GAAP net earnings attributable to Fluor surged to $2.5 billion, primarily driven by a $3.2 billion pre-tax mark-to-market gain on its NuScale investment. However, adjusted EPS fell by 49% to $0.43, and adjusted EBITDA decreased by 42% to $96 million, reflecting cost growth on infrastructure projects and a shift in client capital spending. New awards were down significantly, and backlog also decreased.

Fluor Corporation experienced a decline in net earnings for Q1 2025, reporting a loss of $232 million compared to a profit of $40 million in Q1 2024. This was primarily due to a significant equity method loss of $393 million. However, total revenue increased to $3,982 million from $3,734 million in the prior year, driven by strong performance in Urban Solutions.

Fluor Corporation posted revenue of $4.26 billion in Q4 2024, reflecting a 12% YoY growth. Net income surged to $1.86 billion, primarily due to a $1.6 billion gain from the NuScale investment deconsolidation. Adjusted EPS was $0.48. New awards totaled $2.3 billion, significantly lower than the prior year's $7.6 billion.

Fluor Corporation reported Q3 2024 revenue of $4.1 billion and net earnings of $54 million, or $0.31 per diluted share. Adjusted diluted EPS was $0.51. The company is tightening its full year adjusted EPS guidance from a range of $2.50 to $3.00 per diluted share to a range of $2.55 to $2.75 per diluted share and decreasing its full year adjusted EBITDA guidance from the previous range of $625 to $675 million to a range of $525 to $575 million.

Fluor Corporation reported a 7% increase in revenue to $4.2 billion for Q2 2024. Net earnings attributable to Fluor were $169 million, or $0.97 per diluted share. The company affirms its adjusted EPS guidance of $2.50 to $3.00 per share and tightens 2024 adjusted EBITDA guidance from $600 to $700 million to $625 to $675 million.

Fluor Corporation announced first quarter 2024 results with a revenue of $3.7 billion and net income attributable to Fluor of $59 million, or $0.34 per diluted share. New awards were $7.0 billion, and ending backlog increased to $32.7 billion. The company affirms its 2024 adjusted EPS and adjusted EBITDA guidance.

Fluor Corporation reported a net loss for Q4 2023, influenced by project-specific issues and a business sale, while new awards significantly increased. Full year revenue was $15.5 billion and net income attributable to Fluor was $139 million, or $0.54 per diluted share.

Fluor Corporation announced Q3 2023 financial results, with revenue of $4.0 billion and net earnings attributable to Fluor of $206 million, or $1.15 per diluted share. The company is increasing its full year adjusted EPS guidance from a range of $2.00 to $2.30 per diluted share to a range of $2.50 to $2.70 per diluted share, and increasing its full year adjusted EBITDA guidance from the previous range of $500 to $600 million to an expectation of approximately $600 million.

Fluor Corporation reported a strong second quarter with a 20% increase in revenue to $3.9 billion and net earnings of $61 million. The company raised its full year adjusted EPS guidance and tightened its adjusted EBITDA guidance, reflecting confidence in its strategic direction and the demand for its services.

Fluor Corporation reported Q1 2023 revenue of $3.8 billion, a 20% increase compared to the prior year. However, the company experienced a net loss of $107 million, impacted by charges on legacy projects and the sale of AMECO South America. New awards totaled $3.2 billion, and the company reaffirmed its 2023 and 2026 adjusted EPS and adjusted EBITDA guidance.

Fluor Corporation reported Q4 2022 results with a revenue of $3.7 billion, a net income of $9 million, and an adjusted EPS of $0.43. The company's new awards for the quarter reached $4.6 billion, and the total backlog increased to $26 billion. The company is establishing the following guidance for 2023 and 2026: 2023 Adjusted EBITDA Guidance $450 to $600 million and Adjusted EPS Guidance $1.50 to $1.90 per share

Fluor Corporation announced Q3 2022 financial results, with revenue of $3.6 billion and net income of $22 million, or $0.08 per diluted share. The quarter was marked by strong new awards of $9.7 billion and an ending backlog of $25.4 billion, but results were negatively impacted by $107 million in project adjustments for three legacy infrastructure projects.

Fluor Corporation reported Q2 2022 revenue of $3.3 billion and net income of $66 million, or $0.38 per diluted share. The company introduced full year adjusted EBITDA guidance range of $380 to $430 million. New awards for the quarter were $3.6 billion, with an ending backlog of $19.5 billion.

Fluor Corporation reported a revenue of $3.1 billion and a net income of $48 million, or $0.27 per diluted share, for Q1 2022. The company's segment profit nearly doubled to $115 million. Fluor reaffirms its 2022 adjusted EPS guidance of $1.15 to $1.40.

Fluor Corporation reported a net loss from continuing operations of $145 million for the fourth quarter of 2021, or $1.21 per diluted share. However, adjusted EPS for the fourth quarter was $0.31. The company's full year new awards were $8.8 billion, and the ending backlog was $18.9 billion. The company is establishing its initial adjusted EPS guidance at a range of $1.15 to $1.40 per diluted share.

Fluor Corporation reported Q3 2021 revenue of $3.1 billion and net income from continuing operations of $47 million, or $0.26 per share. Adjusted EPS was $0.23. The company raised its full year adjusted EPS guidance to a range of $0.85 to $1.00 per diluted share.

Fluor Corporation announced its Q2 2021 financial results, reporting revenue of $3.2 billion and a net loss of $14 million, or $0.08 per common share. The results were impacted by a charge related to a legacy infrastructure project and $49 million in foreign currency effects. Despite these challenges, Fluor raised its full-year adjusted EPS guidance.

Fluor reported first quarter revenue of $2.9 billion and a net loss of $61 million, or $0.43 per diluted share. Adjusted earnings per diluted share were $0.07. New awards for the quarter were $3.7 billion, and ending consolidated backlog was $23.8 billion.

Fluor Corporation reported a net loss from continuing operations of $115 million, or $0.82 per diluted share, for the fourth quarter of 2020. Consolidated segment profit for the fourth quarter of 2020 was $75 million. Revenue for the quarter was $3.7 billion.

Fluor Corporation reported revenue of $3.8 billion and net earnings of $19 million, or $0.14 per share, for the quarter ended September 30, 2020. New awards totaled $1.7 billion, and the ending backlog reached $27.8 billion. The company had no material project execution charges for the third consecutive quarter.

Fluor's Q2 2020 results reflect the impact of the COVID-19 related economic downturn with revenue of $4.1 billion and a net loss of $27 million, or $0.19 per share.

Fluor Corporation reported a revenue of $4.1 billion and a net loss of $171 million, or $1.22 per diluted share, for the quarter ended March 31, 2020. The results were affected by non-cash impairments, project adjustments due to COVID-19, and a tax benefit from the CARES Act. New awards totaled $4.2 billion, and the ending backlog was $31.4 billion.

Fluor Corporation reported a net loss from continuing operations of $1.7 billion for 2019, compared to earnings of $9 million in 2018. Revenue for 2019 was $14.3 billion, with new awards totaling $12.6 billion and ending backlog at $31.9 billion.