Amentum Holdings, Inc. · NYSE:AMTM
Amentum — Q3 2025 Earnings Presentation
17 slides from Amentum's earnings presentation, Aug 6, 2025
Slide 1: Earnings Conference Call Presentation Q3 FY25
Earnings Conference Call Presentation Q3 FY25 August 6, 2025 Advancing the future together The appearance of U.S. Department of Defense (DOD) visual information does not imply or constitute DOD endorsement.
Slide 2: Forward Looking Statements and Disclaimers
Forward Looking Statements and Disclaimers Cautionary Note Regarding Forward Looking Statements This presentation contains or incorporates by reference statements that relate to future events and expectations and, as such, could be interpreted to be “forward-looking statements” as that term is defin
Slide 3: Q3 FY25 Highlights
Q3 FY25 Highlights Solid Q3 performance demonstrates Revenues 1 continued strength of the business $3.6 billion Successful completion of divestitures Adjusted EBITDA2 2 advancing focus on core strategy $274 million Aligned with enduring global trends 3 and well-funded priority areas Adjusted Diluted
Slide 4: Aligned with Enduring Global Trends and Well-funded Priority Areas
Aligned with Enduring Global Trends and Well-funded Priority Areas Missile Defense and Golden Dome Unmanned / Counter-UAS INDOPACOM Powering next-generation missile defense through Shaping the evolution of unmanned and counter UAS Advancing integrated C5ISR capabilities with advanced engineering, di
Slide 5: Business Development and Growth
Business Development and Growth Notable Q3 FY25 Highlights Backlog and YTD Book-to-Bill ($’s in billions) Space Force Range Contract2 $4 billion United States Space Force single-award IDIQ contract with a ten-year 1.0x ordering period, advancing the national capability for Assured Access To Space fr
Slide 6: Global Nuclear Resurgence: Secular Demand Drivers
Global Nuclear Resurgence: Secular Demand Drivers AI / Data Center Industrial Applications National Security • Artificial intelligence model training and • Manufacturing automation and assembly are • Growing global imperative to balance energy inference demands will continue to strain extremely ener
Slide 7: Global Nuclear Resurgence: Amentum's Role Fueling a New Era
Global Nuclear Resurgence: Amentum’s Role Fueling a New Era Global leader in project engineering with proven Driving success across key end markets capabilities across the entire lifecycle with significant growth potential Select Markets Design ~250 new Gigawatt Power Plants by 20501 Gigawatt Power
Slide 8: Q3 FY25 Financial Performance
Q3 FY25 Financial Performance REVENUES 1 ADJUSTED EBITDA 1,2 ADJUSTED DILUTED EPS 2 Margin 2 +2% +7% +10% $0.56 $3,490 $3,561 $274 $0.51 $257 7.4% 7.7% Q3 FY24 3 Q3 FY25 Q3 FY24 3 Q3 FY25 Q3 FY24 3 Q3 FY25 Digital Solutions Revenue volume Operational performance Global Engineering Solutions Operatio
Slide 9: Q3 FY25 Segment Performance
Q3 FY25 Segment Performance Digital Solutions Global Engineering Solutions REVENUES1 ADJUSTED EBITDA1,2 REVENUES1 ADJUSTED EBITDA1,2 Margin2 Margin2 +12% +21% -3% -2% $1,421 $2,216 $2,140 $1,274 $114 $163 $160 $94 7.4% 8.0% 7.4% 7.5% Q3 FY24 3 Q3 FY25 Q3 FY24 3 Q3 FY25 Q3 FY24 3 Q3 FY25 Q3 FY24 3 Q3
Slide 10: Deleveraging with Robust Free Cash Flow
Deleveraging with Robust Free Cash Flow As of June 27, 2025 Q3 FY25 Highlights ($ in millions) Rate Maturity Amount $100 million Free Cash Flow2 $850M Undrawn RCF S+225 2029 - • $106 million operating cash flow; $6 million Term Loan B S+225 2031 $3,550 capital expenditures Senior Unsecured Notes 7.2
Slide 11: Raising Full Year Organic Guidance
Raising Full Year Organic Guidance Prior Current Implied Underlying ($ in millions, except per share data) Guidance Guidance Organic Increase1 Key Assumptions ~$125 FY25 Revenue Contributions Revenues $13,850 – $14,150 $13,975 – $14,175 (~$50 from divestitures) • 99% Existing or Recompete / 1% New B
Slide 12: Well-Positioned to Drive Long-term Value for Stakeholders
Well-Positioned to Drive Long-term Value for Stakeholders Longstanding, Trusted An Industry Leader With Strong Partner of Choice Differentiated Scale Financial Profile solving our global customers’ that provides robust customer well-positioned to deliver long-term, largest, most critical and complex
Slide 13: Appendix
Appendix Advancing the future together
Slide 14: Definitions of Non-GAAP Measures
Definitions of Non-GAAP Measures The presentation and discussion of Adjusted EBITDA, Adjusted EBITDA Margin, Adjusted Net Income, Adjusted Diluted EPS, and Free Cash Flow are not measures of financial performance under Generally Accepted Accounting Principles in the United States (“GAAP”). These non
Slide 15: Unaudited Non-GAAP Financials Measures Reconciliation
Unaudited Non-GAAP Financials Measures Reconciliation For the Three Months Ended June 27, 2025 ($ in millions, except per share data and margin percentages) Acquisition, Loss on Utilization of fair transaction and Amortization of extinguishment market value Share-based Non-GAAP As Reported integrati
Slide 16: Definitions of Pro Forma Non-GAAP Measures
Definitions of Pro Forma Non-GAAP Measures The presentation and discussion of Pro Forma Adjusted EBITDA, Pro Forma Adjusted EBITDA Margin, Pro Forma Adjusted Net Income, Pro Forma Adjusted Diluted EPS, and Net Leverage are not measures of financial performance under Generally Accepted Accounting Pri
Slide 17: Unaudited Pro Forma Non-GAAP Financials Measures Reconciliation
Unaudited Pro Forma Non-GAAP Financials Measures Reconciliation For the Three Months Ended June 28, 2024 ($ in millions, except per share data and margin percentages) Acquisition, Loss on Utilization of fair transaction and Amortization extinguishment market value Share-based Non-GAAP As Reported in