Ats Corporation · TSX:ATS
Ats — Q4 2026 Earnings Presentation
15 slides from Ats's earnings presentation, May 28, 2026
Slide 1: Q4 2026 Earnings Call
Q4 2026 Earnings Call May 28, 2026 8:30am ET
Slide 2: Today's Hosts
Today's Hosts Doug Wright Anne Cybulski Chief Executive Officer Interim Chief Financial Officer 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: Q4 2026 & Recent Highlights
Q4 2026 & Recent Highlights Solid execution with improved cash flow and leverage ▪ Q4 Adjusted revenues1 up 3% y/y to $744.3M, including ~2% organic revenue growth1 ▪ Q4 Order Bookings¹ of $704M; well-diversified across all market verticals ▪ Q4 Adj. Earnings from Operations¹ of $76.8M; 10.3% adjust
Slide 6: Outlook
Outlook Order Backlog1 provides good revenue visibility: • Life Sciences $1,077M: ◦ Funnel remains strong and diversified against a range of applications in regulated markets • Food and Beverage $214M: ◦ Funnel remains strong; standard equipment and differentiated service capabilities drive activity
Slide 7: Financial Results
Financial Results Y/Y Y/Y Y/Y Y/Y Q4 Q4 (C$ M, except per share data) Change Change F2026 F2025 Change Change F2026 F2025 ($) (%) ($) (%) Revenue Growth: Revenues $747.1 $574.2 $172.9 30.1% $2,972.9 $2,533.3 $439.6 17.4% QTR YTD Organic1 1.5 % 6.0 % Adjusted revenues1 744.3 721.1 $23.2 3.2% 2,970.1
Slide 8: Summary
Summary ▪ Entering fiscal 2027 with solid Order Backlog1 and revenue visibility with strong positions in core end markets ▪ Estimated Q1 F27 revenue range of $700 million to $740 million2 ▪ Improved leverage provides flexibility to pursue growth opportunities ▪ Modest revenue growth expected in fisc
Slide 9: ATS
ATS
Slide 10: WATS
WATS
Slide 11: Appendix: Measures
Appendix Reconciliation of Non-IFRS Measures to IFRS Measures 11
Slide 12: Appendix: Reconciliation of Non-IFRS Measures to IFRS Measures
Appendix: Reconciliation of Non-IFRS Measures to IFRS Measures The following table reconciles adjusted EBITDA and EBITDA to the most directly comparable IFRS measure (net income) (in millions of dollars): The following table reconciles organic revenue to adjusted revenues, which have been reconciled
Slide 13: Appendix: Reconciliation of Non-IFRS Measures to IFRS Measures
Appendix: Reconciliation of Non-IFRS Measures to IFRS Measures The following table reconciles adjusted earnings from operations to the most The following table reconciles adjusted basic earnings per share to the most directly comparable IFRS measures (net income (loss)) (in millions of dollars): dir
Slide 14: Appendix: Reconciliation of Non-IFRS Measures to IFRS Measures
Appendix: Reconciliation of Non-IFRS Measures to IFRS Measures The following table reconciles net debt to adjusted EBITDA to the most directly The following table reconciles free cash flow to the most directly comparable comparable IFRS measure (in millions of dollars): IFRS measure (in millions of
Slide 15: Appendix: Reconciliation of Non-IFRS Measures to IFRS Measures
Appendix: Reconciliation of Non-IFRS Measures to IFRS Measures The following table reconciles the previously reported non-IFRS financial measures to reflect the exclusion of the stock-based compensation revaluation expenses: Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 (C$ M) F2025 F2025 F2025 F2025 F2026 F2026 F2026 F2
ATS Corporation Common Shares — Q4 2026 Earnings Presentation on 6ix