Ats Corporation · TSX:ATS
Ats — Q3 2026 Earnings Presentation
15 slides from Ats's earnings presentation, Feb 4, 2026
Slide 1: Q3 2026 Earnings Call
Q3 2026 Earnings Call February 4, 2026 8:30am ET
Slide 2: Today's Hosts
Today's Hosts Doug Wright Ryan McLeod Anne Cybulski Chief Executive Officer Chief Financial Officer VP, Corporate Controller 2
Slide 3: Forward Looking Statements
Forward Looking Statements Note to Reader: This presentation and the oral statements made during this call contain certain statements that may constitute forward-looking information and forward-looking statements within the meaning of applicable Canadian and United States securities laws ("forward-l
Slide 4: Non-IFRS and Other Financial Measures
Non-IFRS and Other Financial Measures Throughout this presentation management uses certain non-IFRS financial measures, non-IFRS ratios and supplementary financial measures to evaluate the performance of the Company. The terms “EBITDA”, "adjusted revenues", “organic revenue”, “adjusted net income”,
Slide 5: Q3 2026 & Recent Highlights
Q3 2026 & Recent Highlights Performance in line with our expectations with above-market organic revenue growth ▪ Q3 revenues up ~17% y/y to $760.7M, including ~13% organic revenue growth1 ▪ Q3 Order Bookings¹ of $821M; well-diversified across all market verticals ▪ Q3 Adj. Earnings from Operations¹
Slide 6: Outlook
Outlook Order Backlog1 provides good revenue visibility: • Life Sciences $1,090M: ◦ Funnel remains strong and diversified across the portfolio • Food and Beverage $203M: ◦ Funnel remains strong; continued benefit from strong brand recognition • Energy $296M: ◦ Funnel remains strong, driven by opport
Slide 7: Financial Results
Financial Results Y/Y Y/Y Y/Y Y/Y Q3 Q3 (C$ M, except per share data) Change Change F2026 F2025 Change Change F2026 F2025 ($) (%) ($) (%) Revenue Growth: Revenues $760.7 $652.0 $108.7 16.7% $2,225.8 $1,959.0 $266.8 13.6% QTR YTD Organic1 12.6 % 7.7 % Earnings from operations 57.7 33.1 24.6 74.3% 190
Slide 8: Summary
Summary ▪ Strong, diversified Order Backlog1 provides good revenue visibility ▪ Estimated Q3 F26 revenue range of $710 million to $750 million2 ▪ Global footprint continues to mitigate macroeconomic and tariff impacts on Order Bookings1 and supply chain ▪ ATS remains focused on growth, margin perfor
Slide 9: ATS
ATS
Slide 10: WATS
WATS
Slide 11: Appendix: Measures
Appendix Reconciliation of Non-IFRS Measures to IFRS Measures 11
Slide 12: Appendix: Reconciliation of Non-IFRS Measures to IFRS Measures
Appendix: Reconciliation of Non-IFRS Measures to IFRS Measures The following table reconciles adjusted EBITDA and EBITDA to the most directly The following table reconciles organic revenue to revenues, which have been comparable IFRS measure (net income) (in millions of dollars): reconciled to the c
Slide 13: Appendix: Reconciliation of Non-IFRS Measures to IFRS Measures
Appendix: Reconciliation of Non-IFRS Measures to IFRS Measures The following table reconciles adjusted earnings from operations to the most The following table reconciles adjusted basic earnings per share to the most directly comparable IFRS measures (net income) (in millions of dollars): directly c
Slide 14: Appendix: Reconciliation of Non-IFRS Measures to IFRS Measures
Appendix: Reconciliation of Non-IFRS Measures to IFRS Measures The following table reconciles net debt to adjusted EBITDA to the most directly The following table reconciles free cash flow to the most directly comparable comparable IFRS measure (in millions of dollars): IFRS measure (in millions of
Slide 15: Appendix: Reconciliation of Non-IFRS Measures to IFRS Measures
Appendix: Reconciliation of Non-IFRS Measures to IFRS Measures The following table reconciles the previously reported non-IFRS financial measures to reflect the exclusion of the stock-based compensation revaluation expenses: (C$ M) Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 F2024 F2025 F2025 F2025 F2025 F2026 F2026 F2
ATS Corporation Common Shares — Q3 2026 Earnings Presentation on 6ix