Technology

AtkinsRéalis Reports Second Quarter 2026 Results

Published

3 months ago

August 6, 2026

Revenue of $3.0 billion, up 10%, and Segment Adjusted EBIT up 10%, over Q2 2025 Adjusted EBITDA(1) up 14%, over Q2 2025, to a quarterly record highDiluted EPS of $0.59 and Adjusted diluted EPS(1)(5) of $0.97, up 20% over Q2 2025Net cash generated from operating activities of $83.5 millionNuclear full year revenue outlook increased to approximately $2.7 billion

MONTREAL, Aug. 6, 2026 /CNW/ — AtkinsRéalis Group Inc. (TSX: ATRL), a world-class engineering services and nuclear company with offices around the world, today announced its financial results for the second quarter ended June 30, 2026.

AtkinsRéalis reports strong results, delivering year-over-year increases in revenue, Adjusted EBITDA and Adjusted Diluted EPS in Q2. The Company continues to leverage its financial flexibility, strong cash position and low debt to advance its value-focused capital allocation strategy. Demand for the Company’s engineering services and nuclear products continues to be robust, resulting in a $20 billion backlog at quarter’s end.

“We executed another strong quarter, led by significant Nuclear growth, and consistent demand for our unique Engineering Services capabilities,” said Ian L. Edwards, President and CEO of AtkinsRéalis. “We also enhanced our Adjusted EBITDA margin and delivered positive operating cash flows, highlighting our ability to grow while operating more efficiently. Additionally, we continued to execute our value-focused capital allocation priorities, repurchasing $242 million of shares and advancing our Land and Expand strategy through the announced acquisitions of WGA, Coras Solutions and TOBIN. These additions strengthen our local presence and technical capabilities across Australia and Ireland. Looking ahead, momentum continues to build globally for the proprietary CANDU technology. Canada’s Nuclear Energy Strategy reinforces CANDU as a cornerstone of the country’s nuclear advantage, while our progress toward bringing CANDU technology to the U.S. marks another important step in expanding its role internationally. None of this progress would be possible without our 41,000 colleagues, whose hard work and dedication continue to move AtkinsRéalis forward as we engineer a better future for our planet and its people.”

Q2 2026 Financial Highlights

(All results reflect comparisons to prior-year period of Q2 2025)
(Engineering Services Regions is comprised of the following reportable segments: Canada, United Kingdom & Ireland (“UKI”), United States & Latin America (“USLA”) and Asia, Middle East & Australia (“AMEA”))

Revenue totaled $3.0 billion, an increase of 10.0%, or 8.3% on an organic revenue growth(1)(3) basisEngineering Services Regions revenue(2) totaled $2.0 billion, an increase of 5.0%, or 2.2% on an organic revenue growth(1)(3) basis Nuclear revenue totaled $671.2 million, an increase of 18.3%, or 18.1% on an organic revenue growth(1)(3) basisSegment Adjusted EBIT increased by 10.2% to $271.4 millionSegment Adjusted EBIT for Engineering Services Regions(2) increased by 11.8% to $191.4 million, representing a Segment Adjusted EBIT to segment revenue ratio of 9.8%. Segment Adjusted EBITDA to segment net revenue ratio(1)(4) was 16.4%, an increase of 70 basis points Segment Adjusted EBIT for Nuclear increased by 20.8% to $77.0 million, representing a Segment Adjusted EBIT to segment revenue ratio of 11.5% and a Segment Adjusted EBITDA to segment net revenue ratio(1)(4) of 25.6%Segment Adjusted EBIT for All other segments was $3.0 million Adjusted EBITDA(1) increased by 14.2% to a quarterly record high of $292.9 million, representing an Adjusted EBITDA to revenue ratio(1)(6) of 9.8%, an increase of 40 basis points
Net income attributable to AtkinsRéalis shareholders totaled $95.7 million, or $0.59 per diluted share, compared to $2.3 billion, or $13.32 per diluted share in Q2 2025, which included an after-tax gain on disposal of the Company’s remaining 6.76% interest in Highway 407 ETR of $2.2 billion, or $12.86 per diluted share
Adjusted net income attributable to AtkinsRéalis shareholders(1) increased to $158.7 million, or $0.97 per diluted share, compared to $140.9 million, or $0.81 per diluted share in Q2 2025, representing an increase of 19.8% in Adjusted diluted EPSBacklog totaled $20.2 billion as at June 30, 2026, with Engineering Services Regions reaching a new record-high level The Company returned a total of $245.0 million to shareholders through share repurchases and dividends in Q2 2026 ($332.3 million year-to-date)
Net cash generated from operating activities was $83.5 million
Cash and cash equivalents as at June 30, 2026 totaled $833.0 million

2026 Outlook (Revised)

The Company is raising its Nuclear revenue outlook for full year 2026 to approximately $2.7 billion, from approximately $2.5 billion, reflecting continued strong revenue growth year-to-date.

All other financial outlook metrics for full year 2026, issued on February 27, 2026, in the Q4 2025 press release are maintained.

Second Quarter Financial Results

Net income attributable to AtkinsRéalis shareholders in the second quarter of 2026 totaled $95.7 million, compared to $2.32 billion in Q2 2025, which included an after-tax gain on disposal of the Company’s remaining 6.76% interest in Highway 407 ETR of $2.24 billion. Excluding this gain, net income increased mainly due to higher Segment Adjusted EBIT, lower corporate selling, general and administrative expenses, restructuring and transformation costs, and net financial expenses, partially offset by a higher income tax expense.

Financial Highlights

Q2 2026

Q2 2025

2026A

2025A

Revenue

Engineering Services Regions

1,950.2

1,857.9

3,894.8

3,594.7

Nuclear

671.2

567.3

1,407.8

1,105.6

All other segments*

363.9

289.8

680.5

560.4

2,985.3

2,715.0

5,983.1

5,260.6

Segment Adjusted EBIT

Engineering Services Regions

191.4

171.2

350.0

322.0

Nuclear

77.0

63.7

158.9

126.4

All other segments*

3.0

11.4

7.0

16.6

271.4

246.3

515.9

465.0

Earnings before interest and taxes (EBIT)

176.1

2,711.8

331.0

2,833.2

Earnings before interest, taxes, depreciation and amortization (EBITDA)(1)

254.2

2,785.2

486.1

2,967.1

Gain on disposal of a joint venture

–

2,569.9

–

2,569.9

Adjusted EBITDA(1)

292.9

256.4

546.6

470.5

Net income attributable to AtkinsRéalis shareholders

95.7

2,317.5

188.5

2,386.6

Diluted EPS attributable to AtkinsRéalis shareholders ($)

0.59

13.32

1.15

13.67

Adjusted net income attributable to AtkinsRéalis shareholders(1)**

158.7

140.9

290.6

250.9

Adjusted diluted EPS(1)(5)** ($)

0.97

0.81

1.77

1.44

Backlog as at June 30

Engineering Services Regions

13,357.7

13,000.2

Nuclear

4,211.2

5,648.2

All other segments*

2,613.6

2,291.6

20,182.6

20,939.9

All figures in millions of Canadian dollars, except as otherwise indicated

Certain totals and subtotals may not reconcile due to rounding

A For the six-month period ended June 30

* 2025 Revenue, Segment Adjusted EBIT and Backlog figures have been restated to reflect the new presentation effective as of January 1, 2026

** Comparative figures have been restated to reflect the current period presentation by including the loss on extinguishment of debt to the list of adjustments

Quarterly Dividend

The Board of Directors today declared a cash dividend of $0.02 per share, unchanged from the previous quarter. The dividend is payable on September 3, 2026 to shareholders of record on August 20, 2026. This dividend is an “eligible dividend” for Canadian federal and provincial income tax purposes.

Second Quarter 2026 Conference Call / Webcast

AtkinsRéalis will hold a webcast and conference call today at 8:00 a.m. (Eastern Daylight Time) to discuss and present its second quarter financial results. The live webcast of the conference call can be accessed through a link posted on the Company’s website at www.atkinsrealis.com/en/investors or using this link. To participate to the conference call, please pre-register using this link. Registrants will receive a confirmation email with dial-in details and a unique access code required to join the live call.

A recording of the webcast and a transcript of the conference call will be available on the Company’s website within 24 hours following the call.

About AtkinsRéalis

Created by the integration of long-standing organizations dating back to 1911, AtkinsRéalis is a world-class engineering services and nuclear company dedicated to engineering a better future for our planet and its people. We create sustainable solutions that connect people, data and technology to transform the world’s infrastructure and energy systems. We deploy global capabilities locally to our clients and deliver unique end-to-end services across the whole life cycle of an asset including consulting, advisory & environmental services, intelligent networks & cybersecurity, design & engineering, procurement, project & construction management, operations & maintenance, decommissioning and capital advisory services. The breadth and depth of our capabilities are delivered to clients in strategic sectors such as Engineering Services and Nuclear, as the steward of CANDU® nuclear technology. News and information are available at www.atkinsrealis.com or follow us on LinkedIn.

Non-IFRS Financial Measures and Ratios, Supplementary Financial Measures, Total of Segments Measures and Non-Financial Information

The Company reports its financial results in accordance with IFRS® Accounting Standards (“IFRS”). However, the following non‑IFRS financial measures and ratios, supplementary financial measures, total of segments measures and non-financial information are used by the Company in this press release: Organic revenue growth (contraction), EBITDA, Adjusted EBITDA, Segment Adjusted EBITDA, Adjusted net income (loss) attributable to AtkinsRéalis shareholders, Adjusted diluted EPS, Segment Adjusted EBITDA to segment net revenue ratio, Adjusted EBITDA to revenue ratio and Segment net revenue, as well as certain measures for various reportable segments that are grouped together, such as Revenue, Segment Adjusted EBIT and Backlog for the various Engineering Services Regions segments. Additional details for these non-IFRS financial measures and ratios, supplementary financial measures, total of segments measures and non-financial information can be found below and in Sections 4 and 9 of the Company’s Management Discussion & Analysis (“MD&A”) for the second quarter of 2026, which sections are incorporated by reference into this press release, filed with the securities regulatory authorities in Canada, available on SEDAR+ at www.sedarplus.com and on the Company’s website at www.atkinsrealis.com under the “Investors” section.

Non-IFRS financial measures and ratios, supplementary financial measures, total of segments measures and non-financial information do not have any standardized meaning under IFRS and other issuers may define these measures differently and, accordingly, they may not be comparable to similar measures prepared by other issuers. Such non-IFRS financial measures and ratios, supplementary financial measures, total of segments measures and non-financial information have limitations and should not be considered in isolation or as a substitute for measures of performance prepared in accordance with IFRS.

However, management believes that, in addition to conventional measures prepared in accordance with IFRS, these non-IFRS financial measures and ratios, supplementary financial measures, total of segments measures and non-financial information provide additional insight into the Company’s operating performance and financial position, and certain investors may use this information to evaluate the Company’s performance from period to period. Reconciliations and calculations of non-IFRS measures and ratios, supplementary financial measures, total of segments measures and non-financial information to the most comparable IFRS measures and ratios are set forth below in the section “Reconciliations and Calculations” of this press release.

(1) Non-IFRS financial measure or ratio or supplementary financial measure.

(2) Total of segments measure.

(3) Organic revenue growth (contraction) ratio is a non-IFRS ratio comparing organic revenue (which excludes foreign exchange and acquisitions and disposals impacts), itself a non-IFRS financial measure, between two periods. See “Calculation of organic revenue growth (contraction)” in the section “Reconciliations and Calculations” of this press release for each non-IFRS financial measure used as a component of this non-IFRS ratio.

(4) Segment Adjusted EBITDA to segment net revenue ratio for Engineering Services Regions and Nuclear are non-IFRS ratios based on Segment Adjusted EBITDA and segment net revenue, both of which are non-IFRS financial measures. See “Calculation of Segment net revenue and Segment Adjusted EBITDA to segment net revenue ratios for Engineering Services Regions and Nuclear” in the section “Reconciliations and Calculations” of this press release for each non-IFRS financial measure used as a component of these non-IFRS ratios.

(5) Adjusted diluted EPS is a non-IFRS ratio based on adjusted net income (loss) attributable to AtkinsRéalis shareholders, itself a non-IFRS financial measure. See “Reconciliation of Adjusted net income attributable to AtkinsRéalis shareholders to IFRS net income attributable to AtkinsRéalis shareholders” in the section “Reconciliations and Calculations” of this press release for the non-IFRS financial measure used as a component of this non-IFRS ratio.

(6) Adjusted EBITDA to revenue ratio is a non-IFRS ratio based on Adjusted EBITDA and revenue, of which the Adjusted EBITDA is a non-IFRS financial measure. See “Reconciliation of EBITDA and Adjusted EBITDA to IFRS net income and calculation of Adjusted EBITDA to revenue ratio” in the section “Reconciliations and Calculations” of this press release for the non-IFRS financial measure used as a component of this non-IFRS ratio.

Reconciliations and Calculations

Q2 2026

Q2 2025

Before Taxes

Taxes

After Taxes

Diluted EPS

(in $)

Before Taxes

Taxes

After Taxes

Diluted EPS

(in $)

Net income attributable to AtkinsRéalis shareholders

(IFRS)

95.7

0.59

2,317.5

13.32

Restructuring and transformation costs*

21.2

(5.3)

16.0

34.0

(3.2)

30.8

Amortization of intangible assets related to business combinations

28.7

(6.0)

22.7

26.6

(5.4)

21.2

Acquisition-related costs and integration costs

13.8

(1.8)

12.1

7.2

–

7.2

Loss on extinguishment of debt**

16.6

(4.4)

12.2

1.5

(0.4)

1.1

Gain on disposal of a joint venture

–

(2,569.9)

333.1

(2,236.8)

Total adjustments

80.3

(17.4)

63.0

0.39

(2,500.7)

324.1

(2,176.6)

(12.51)

Adjusted net income attributable to AtkinsRéalis shareholders

(non-IFRS)

158.7

0.97

140.9

0.81

Six months ended

June 30, 2026

Six months ended

June 30, 2025

Before Taxes

Taxes

After Taxes

Diluted EPS

(In $)

Before Taxes

Taxes

After Taxes

Diluted EPS

(In $)

Net income attributable to AtkinsRéalis shareholders

(IFRS)

188.5

1.15

2,386.6

13.67

Restructuring and transformation costs*

37.6

(9.3)

28.4

62.5

(10.3)

52.2

Amortization of intangible assets related to business combinations

57.2

(11.9)

45.3

46.1

(9.2)

36.9

Acquisition-related costs and integration costs

19.2

(3.0)

16.2

10.9

–

10.9

Loss on extinguishment of debt**

16.6

(4.4)

12.2

1.5

(0.4)

1.1

Gain on disposal of a joint venture

–

(2,569.9)

333.1

(2,236.8)

Total adjustments

130.6

(28.6)

102.1

0.62

(2,449.0)

313.2

(2,135.8)

(12.23)

Adjusted net income attributable to AtkinsRéalis shareholders

(non-IFRS)

290.6

1.77

250.9

1.44

*Restructuring and transformation costs for the second quarter and for the first six months of 2026 exclude the restructuring and transformation costs and related tax impact attributable to non-controlling interest

**Comparative figures have been restated to reflect the current period presentation by including the loss on extinguishment of debt to the list of adjustments

Note that certain totals and subtotals may not reconcile due to rounding

All figures in millions of Canadian dollars, except as otherwise indicated

Reconciliation of EBITDA and Adjusted EBITDA to IFRS net income and calculation of Adjusted EBITDA to revenue ratio

Q2 2026

Q2 2025

Six months ended

June 30, 2026

Six months ended

June 30, 2025

Revenue

2,985.3

2,715.0

5,983.1

5,260.6

Net income

103.9

2,321.0

203.7

2,391.6

Net financial expenses

30.8

39.2

44.9

76.8

Income tax expense

41.4

351.6

82.5

364.9

EBIT

176.1

2,711.8

331.0

2,833.2

Depreciation and amortization

78.1

73.4

155.0

133.8

EBITDA

254.2

2,785.2

486.1

2,967.1

Restructuring and transformation costs

24.9

34.0

41.3

62.5

Acquisition-related costs and integration costs

13.8

7.2

19.2

10.9

Gain on disposal of a joint venture

–

(2,569.9)

–

(2,569.9)

Adjusted EBITDA

292.9

256.4

546.6

470.5

Adjusted EBITDA to revenue ratio

9.8 %

9.4 %

9.1 %

8.9 %

Note that certain totals and subtotals may not reconcile due to rounding

All figures in millions of Canadian dollars, except as otherwise indicated

Components of Engineering Services Regions

Q2 2026

Q2 2025

Six months ended
June 30, 2026

Six months ended
June 30, 2025

Revenue

Canada

412.6

366.1

788.8

691.8

UKI

721.1

670.3

1,467.4

1,331.1

USLA

529.0

512.1

1,057.5

944.2

AMEA

287.5

309.4

581.1

627.5

Engineering Services Regions

1,950.2

1,857.9

3,894.8

3,594.7

Segment Adjusted EBIT

Canada

37.4

26.3

59.8

42.6

UKI

86.4

78.0

175.4

153.1

USLA

47.3

43.3

81.7

82.8

AMEA

20.4

23.5

33.1

43.5

Engineering Services Regions

191.4

171.2

350.0

322.0

June 30,

2026

June 30,

2025

Backlog

Canada

7,587.2

7,965.8

UKI

2,100.1

1,937.3

USLA

1,991.8

1,779.4

AMEA

1,678.6

1,317.7

Engineering Services Regions

13,357.7

13,000.2

Note that certain totals and subtotals may not reconcile due to rounding

All figures in millions of Canadian dollars

Reconciliation of Segment Adjusted EBIT to Segment Adjusted EBITDA for Engineering Services Regions and Nuclear

Q2 2026

Q2 2025

Six months ended
June 30, 2026

Six months ended
June 30, 2025

Segment Adjusted EBIT – Engineering Services Regions

191.4

171.2

350.0

322.0

Depreciation and amortization – Engineering Services Regions

39.9

38.3

79.3

71.3

Segment Adjusted EBITDA – Engineering Services Regions

231.3

209.4

429.4

393.3

Q2 2026

Q2 2025

Six months ended
June 30, 2026

Six months ended
June 30, 2025

Segment Adjusted EBIT – Nuclear

77.0

63.7

158.9

126.4

Depreciation and amortization – Nuclear

5.2

5.4

10.6

10.8

Segment Adjusted EBITDA – Nuclear

82.2

69.2

169.4

137.1

Note that certain totals and subtotals may not reconcile due to rounding

All figures in millions of Canadian dollars

Calculation of Segment net revenue and Segment Adjusted EBITDA to segment net revenue ratios for Engineering Services Regions and Nuclear

Q2 2026

Q2 2025

Six months ended
June 30, 2026

Six months ended
June 30, 2025

Revenue – Engineering Services Regions

1,950.2

1,857.9

3,894.8

3,594.7

Less: Direct costs for sub-contractors and other direct expenses that are recoverable directly from clients – Engineering Services Regions

544.0

523.4

1,093.3

1,018.6

Segment net revenue –

Engineering Services Regions

1,406.2

1,334.5

2,801.4

2,576.1

Segment Adjusted EBITDA – Engineering Services Regions

231.3

209.4

429.4

393.3

Segment Adjusted EBITDA to segment

net revenue ratio – Engineering Services Regions

16.4 %

15.7 %

15.3 %

Engineering Services Regions comprises Canada, UKI, USLA and AMEA segments

Q2 2026

Q2 2025

Six months ended
June 30, 2026

Six months ended
June 30, 2025

Revenue – Nuclear

671.2

567.3

1,407.8

1,105.6

Less: Direct costs for sub-contractors and other direct expenses that are recoverable directly from clients – Nuclear

350.4

295.3

764.9

580.2

Segment net revenue – Nuclear

320.8

272.0

642.9

525.4

Segment Adjusted EBITDA – Nuclear

82.2

69.2

169.4

137.1

Segment Adjusted EBITDA to segment

net revenue ratio – Nuclear

25.6 %

25.4 %

26.4 %

26.1 %

Note that certain totals and subtotals may not reconcile due to rounding

All figures in millions of Canadian dollars, except as otherwise indicated

Calculation of organic revenue growth (contraction)

Revenue

Q2 2026

Revenue

Q2 2025

Variance

Foreign exchange
impact

Acquisitions /
Disposals impact

Organic revenue
growth

Engineering Services Regions

1,950.2

1,857.9

92.3

9.2

42.9

40.2

Nuclear

671.2

567.3

103.9

1.5

–

102.4

All other segments*

363.9

289.8

74.1

3.8

(13.5)

83.8

Total

2,985.3

2,715.0

270.3

14.5

29.4

226.4

Revenue

Q2 2026

Revenue

Q2 2025

Variance

Foreign exchange
impact

Acquisitions /
Disposals impact

Organic revenue
growth

Engineering Services Regions

1,950.2

1,857.9

5.0 %

0.5 %

2.3 %

2.2 %

Nuclear

671.2

567.3

18.3 %

0.3 %

–

18.1 %

All other segments*

363.9

289.8

25.6 %

1.3 %

(4.7) %

28.9 %

Total

2,985.3

2,715.0

10.0 %

0.5 %

1.1 %

8.3 %

Revenue

Q2 2025

Revenue

Q2 2024

Variance

Foreign exchange
impact

Acquisitions /
Disposals impact

Organic revenue
growth

(contraction)

Engineering Services Regions

1,857.9

1,746.6

111.2

46.6

83.4

(18.8)

Nuclear

567.3

357.6

209.7

8.2

–

201.5

All other segments*

289.8

259.7

30.1

8.1

–

22.0

Total

2,715.0

2,364.0

351.0

62.9

83.4

204.8

Revenue

Q2 2025

Revenue

Q2 2024

Variance

Foreign exchange
impact

Acquisitions /
Disposals impact

Organic revenue
growth

(contraction)

Engineering Services Regions

1,857.9

1,746.6

6.4 %

2.7 %

4.8 %

(1.1) %

Nuclear

567.3

357.6

58.6 %

2.3 %

–

56.3 %

All other segments*

289.8

259.7

11.6 %

3.1 %

–

8.5 %

Total

2,715.0

2,364.0

14.8 %

2.7 %

3.5 %

8.7 %

Revenue

Six months ended
June 30, 2026

Revenue

Six months ended
June 30, 2025

Variance

Foreign exchange
impact

Acquisitions /
Disposals impact

Organic revenue
growth

Engineering Services Regions

3,894.8

3,594.7

300.1

6.7

166.1

127.3

Nuclear

1,407.8

1,105.6

302.2

3.2

–

299.1

All other segments*

680.5

560.4

120.2

6.9

(13.5)

126.8

Total

5,983.1

5,260.6

722.5

16.7

152.6

553.2

Revenue

Six months ended
June 30, 2026

Revenue

Six months ended
June 30, 2025

Variance

Foreign exchange
impact

Acquisitions /
Disposals impact

Organic revenue
growth

Engineering Services Regions

3,894.8

3,594.7

8.3 %

0.2 %

4.6 %

3.5 %

Nuclear

1,407.8

1,105.6

27.3 %

0.3 %

–

27.0 %

All other segments*

680.5

560.4

21.4 %

1.2 %

(2.4) %

22.6 %

Total

5,983.1

5,260.6

13.7 %

0.3 %

2.9 %

10.5 %

Revenue

Six months ended
June 30, 2025

Revenue

Six months ended
June 30, 2024

Variance

Foreign exchange
impact

Acquisitions /
Disposals impact

Organic revenue
growth

(contraction)

Engineering Services Regions

3,594.7

3,465.7

129.0

123.4

90.4

(84.8)

Nuclear

1,105.6

656.2

449.4

18.4

–

431.0

All other segments*

560.4

506.4

54.0

16.5

–

37.5

Total

5,260.6

4,628.3

632.4

158.2

90.4

383.7

Revenue

Six months ended
June 30, 2025

Revenue

Six months ended
June 30, 2024

Variance

Foreign exchange
impact

Acquisitions /
Disposals impact

Organic revenue
growth

(contraction)

Engineering Services Regions

3,594.7

3,465.7

3.7 %

3.6 %

2.6 %

(2.4) %

Nuclear

1,105.6

656.2

68.5 %

2.8 %

–

65.7 %

All other segments*

560.4

506.4

10.7 %

3.3 %

–

7.4 %

Total

5,260.6

4,628.3

13.7 %

3.4 %

2.0 %

8.3 %

Note that certain totals and subtotals may not reconcile due to rounding

All figures in millions of Canadian dollars, except as otherwise indicated

* 2025 and 2024 figures have been restated to reflect the new presentation effective as of January 1, 2026

Forward-Looking Statements

References in this press release, and hereafter, to the “Company”, “AtkinsRéalis”, “we”, “us” and “our” mean, as the context may require, AtkinsRéalis Group Inc. and all or some of its subsidiaries or joint arrangements or associates, or AtkinsRéalis Group Inc. or one or more of its subsidiaries or joint arrangements or associates.

Statements made in this press release that describe the Company’s or management’s budgets, estimates, expectations, forecasts, objectives, predictions, projections of the future or strategies may be “forward-looking statements”, which can be identified by the use of the conditional or forward-looking terminology such as “aims”, “anticipates”, “assumes”, “believes”, “cost savings”, “estimates”, “expects”, “forecasts”, “goal”, “intends”, “likely”, “may”, “objective”, “outlook”, “plans”, “projects”, “should”, “synergies”, “target”, “vision”, “will”, or the negative thereof or other variations thereon. Forward-looking statements also include any other statements that do not refer to historical facts. Forward-looking statements in this press release include statements relating to the Company’s future economic performance and financial condition. Forward-looking statements also include statements relating to the following: i) future capital expenditures, revenue, expenses, earnings, economic performance, indebtedness, financial condition, losses, project or contract-specific cost reforecasts and claims provisions, future prospects, and potential future significant contract opportunities, including those in the Nuclear segment; and ii) business and management strategies and the expansion and growth of the Company’s operations. All such forward-looking statements are made pursuant to the “safe-harbour” provisions of applicable Canadian securities laws. The Company cautions that, by their nature, forward-looking statements involve risks and uncertainties, and that its actual actions and/or results could differ materially from those expressed or implied in such forward-looking statements, or could affect the extent to which a particular projection materializes. Forward-looking statements are presented for the purpose of assisting investors and others in understanding certain key elements of the Company’s current objectives, strategic priorities, expectations and plans, and in obtaining a better understanding of the Company’s business and anticipated operating environment. Readers are cautioned that such information may not be appropriate for other purposes.

Forward-looking statements made in this press release are based on a number of assumptions believed by the Company to be reasonable as at the date hereof. The assumptions are set out throughout the Company’s 2025 Annual MD&A (particularly in the sections entitled “Critical Accounting Judgements and Key Sources of Estimation Uncertainty” and “How We Analyze and Report Our Results”). If these assumptions are inaccurate, the Company’s actual results could differ materially from those expressed or implied in such forward-looking statements. In addition, important risk factors could cause the Company’s assumptions and estimates to be inaccurate and actual results or events to differ materially from those expressed in or implied by these forward-looking statements. These risks include, but are not limited to, matters relating to: (a) contract awards and timing; (b) contract liability and execution risk; (c) backlog and contracts with termination for convenience provisions; (d) competition; (e) qualified personnel; (f) international operations; (g) risks relating to the Company’s Nuclear segment; (h) research and development activities and related investments; (i) acquisition and integration of businesses; (j) divestitures and the sale of significant assets; (k) dependence on third parties; (l) supply chain disruptions; (m) joint arrangements and partnerships; (n) cybersecurity, information systems and data and compliance with privacy legislation; (o) Artificial Intelligence (“AI”) and other innovative technologies; (p) being a provider of services to government agencies; (q) strategic direction; (r) professional liability or liability for faulty services; (s) monetary damages and penalties in connection with professional and engineering reports and opinions; (t) gaps in insurance coverage; (u) health and safety; (v) work stoppages, union negotiations and other labour matters; (w) epidemics, pandemics and other health crises; (x) global climate change, extreme weather conditions and the impact of natural or other disasters; (y) Environmental, Social and Governance (“ESG”); (z) intellectual property; (aa) ownership interests in investments; (bb) Lump-sum turnkey (“LSTK”) contracts; (cc) liquidity and financial position; (dd) indebtedness; (ee) impact of operating results and level of indebtedness on financial situation; (ff) dependence on subsidiaries to help repay indebtedness; (gg) dividends; (hh) post-employment benefit obligations, including pension-related obligations; (ii) working capital requirements; (jj) collection from customers; (kk) impairment of goodwill and other non-current intangible and tangible assets; (ll) the impact on the Company of legal and regulatory proceedings, investigations and dispute settlements; (mm) employee, agent or partner misconduct or failure to comply with anti-corruption and other government laws and regulations; (nn) reputation of the Company; (oo) inherent limitations to the Company’s control framework; (pp) regulatory framework; (qq) global economic conditions; (rr) inflation; (ss) fluctuations in commodity prices; and (tt) income taxes.

The Company cautions that the foregoing list of factors is not exhaustive. For more information on risks and uncertainties, and assumptions that could cause the Company’s actual results to differ from current expectations, please refer to the sections “Risks and Uncertainties”, “How We Analyze and Report Our Results” and “Critical Accounting Judgements and Key Sources of Estimation Uncertainty” in the Company’s 2025 Annual MD&A, and as may be updated from time to time in the Company’s 2026 interim quarterly MD&A filed with the securities regulatory authorities in Canada, available on SEDAR+ at www.sedarplus.com and on the Company’s website at www.atkinsrealis.com under the “Investors” section.

The forward-looking statements herein reflect the Company’s expectations as at the date of this press release and are subject to change after this date. The Company does not undertake to update publicly or to revise any written or oral forward-looking information or statements whether as a result of new information, future events or otherwise, unless required by applicable legislation or regulation. The forward-looking information and statements contained herein are expressly qualified in their entirety by this cautionary statement.

For More Information:

Media

Investors

Antoine Calendrier

Denis Jasmin

Vice President, Global External
Communications

Vice President, Investor Relations

514-393-8000 ext. 57553

media@atkinsrealis.com

denis.jasmin@atkinsrealis.com

The Company’s unaudited interim condensed consolidated financial statements for the three-month and six-month periods ended June 30, 2026 and 2025, together with its Management’s Discussion and Analysis for the corresponding periods, can be accessed on the Company’s website at www.atkinsrealis.com and on www.sedarplus.com.

SOURCE AtkinsRéalis

Technology

Solidion Technology (NASDAQ: STI) Reports Third Quarter Financial Results, Highlighting Strong Cash Balance, Reduction in Liabilities and Positive EPS

Published

2 hours ago

November 9, 2026

Company Maintains Strong Cash Position of $26.2 Million, Reduces Total Liabilities by Approximately 40%, and Reports Positive Earnings per Share (EPS) of $0.02

DALLAS, Nov. 9, 2026 /PRNewswire/ — Solidion Technology, Inc. (NASDAQ: STI) (“Solidion Technology” or “the Company”), an advanced battery technology provider, today reported its Third Quarter 2026 Financial and Operating Results. The condensed consolidated financial statements of Solidion Technology and additional information can be found in Solidion Technology’s Quarterly Report on Form 10-Q for the quarter ended September 30, 2026, filed with the Securities and Exchange Commission on November 9, 2026 (the “Form 10-Q”). This earnings release should be read together with the information contained in the Form 10-Q.

Solidion Technology maintained a healthy cash balance of approximately $26.2 million, reduced total liabilities by approximately 40% compared to year-end 2025, and reported positive net income for the quarter.

Third Quarter 2026 Financial and Corporate Highlights

Strong Liquidity: Maintained cash and cash equivalents of $26.2 million as of September 30, 2026, compared to $27.7 million at June 30, 2026.Positive Working Capital: Working capital of $19.6 million as of September 30, 2026, compared to a deficit of $11.2 million at December 31, 2025.Reduced Liabilities: Total liabilities declined approximately 40% to $7.5 million, compared to $12.0 million at December 31, 2025.Positive Net Income: Reported quarterly net income of approximately $244,000, compared to a net loss of $4.1 million in the prior-year period.Strengthened Stockholders’ Equity: Stockholders’ equity reached $23.8 million, compared to a deficit of $7.2 million at year-end 2025.Financial Flexibility: The Company believes its capital position supports continued investment in its technology portfolio and evaluation of strategic acquisition opportunities.Board Governance: On August 31, 2026, the Company expanded its Board of Directors with the appointment of three independent directors, Mark Schwartz, Kimi L. Ellen and Dante W. Robinson.Share Repurchase Program: On September 13, 2026, the Board of Directors authorized the repurchase of up to $1.0 million of the Company’s common stock.

TABLE 1: QUARTERLY FINANCIAL PERFORMANCE

Metric

Q3 2026

Q3 2025

Revenue

$41,638

$9,350

Cost of revenue

$120,000

$4,321

Selling, general and administrative, Research and Development

$2,240,915

$1,747,929

Total other income (expense)

$2,563,700

$(2,349,245)

Basic earnings (loss) per share

$0.02

$(1.33)

“During the third quarter, we continued strengthening Solidion Technology’s financial foundation while positioning the Company for its next phase of growth,” said Jaymes Winters, Chief Executive Officer of Solidion Technology. “We remain disciplined and opportunistic in our approach to acquisitions. Our healthy cash position and improved balance sheet provide us with the flexibility to continue to pursue opportunities that complement our existing technology and manufacturing capabilities.”

“We believe our strategy positions Solidion Technology to capitalize on opportunities across the energy storage industry, while maintaining our commitment to long-term shareholder value.”

Business Highlights

Technology and Commercialization

PEAK Series UPS for AI Data Centers: Solidion has developed its PEAK Series uninterruptible power supply system using its 5500 silicon-carbon anode cell. Based on Company testing, the system is designed to reduce UPS footprint by up to 30%, while the cell is designed to last up to three times longer than conventional backup battery systems.High-Power Battery Cells: Solidion has developed its high-energy 5.5Ah 21700 cylindrical cell, with an energy density of 305 Wh/kg and continuous charge/discharge capability exceeding 2C.Government Research Programs: Solidion is conducting research under two U.S. Department of Energy grants, both conducted jointly with Oak Ridge National Laboratory, the Company’s partner on its 2025 R&D 100 Award. The Company is also performing research under a firm-fixed-price U.S. Army STTR contract to develop a flexible, fiber-based rechargeable battery system.

Strategic Priorities

For the remainder of 2026 and into 2027, Solidion Technology intends to remain an opportunistic and disciplined acquirer of revenue-generating assets and businesses in the battery storage sector that amplify its existing technology and IP portfolio while simultaneously advancing its commercialization initiatives and strengthening its manufacturing and commercial capabilities.

About Solidion Technology, Inc.

Solidion Technology, Inc. (NASDAQ: STI) is an advanced battery technology company headquartered in Dallas, Texas, with R&D and manufacturing operations in Dayton, Ohio. Solidion develops silicon-rich anodes, solid-state batteries, and fire-retardant electrolytes designed to deliver higher energy density, improved safety, and lower cost for the electric vehicle, energy storage, consumer electronics, aerospace and defense, and AI data center markets, including next-generation backup power for data center operators. The Company is backed by a global portfolio of over 385 patents covering innovations such as high-capacity, silane gas-free, and graphene-enabled silicon anodes, biomass-based graphite, and advanced lithium-sulfur and lithium-metal technologies. Solidion also pursues a disciplined acquisition strategy focused on opportunities that complement its platform and create long-term shareholder value.

For more information, please visit www.ir.solidiontech.com or contact Investor Relations.

Forward-Looking Statements

This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Solidion Technology Inc., (NASDAQ: STI) (the “Company,” “Solidion,” “we,” “our” or “us”) desires to take advantage of the safe harbor provisions of the Private Securities Litigation Reform Act of 1995 and is including this cautionary statement in connection with this safe harbor legislation. The statements contained in this press release that are not purely historical are forward-looking statements. Without limitation, any statements preceded or followed by or that include the words “forecasts” “believe,” “may,” “will,” “would,” “estimate,” “continue,” “anticipate,” “intend,” “should,” “plan,” “could,” “target,” “potential,” “position,” “is likely,” “expect” and similar expressions or the negative thereof, as they relate to us, are intended to identify forward-looking statements. Forward-looking statements in this press release may include, for example, statements about our financial and business performance and statements about our business, expansion plans and opportunities. These forward-looking statements are not guarantees of future performance and are subject to risks, uncertainties, assumptions and other factors, some of which are beyond our control, which could cause actual results to differ materially from those expressed or implied by such forward-looking statements. These risks and uncertainties include, but are not limited to, the inability of our batteries to perform as expected, including design or manufacturing defects; competition in the evolving battery cell market and the selection of other battery cell technologies by OEMs; the need for additional safety testing of our battery technology before it can be installed in electric vehicles; reliance on complex production equipment, and operational and cost uncertainty in production; the performance of licensed technologies that have not been commercialized, or have only been commercialized to a limited extent; raw material and component price increases, supply constraints, and our ability to control costs and achieve cost advantages at scale; the pace of consumer adoption of electric vehicles; the unavailability of government incentives and subsidies; our ability to attract customers and to accurately forecast supply, demand and manufacturing requirements; our ability to attract and retain key employees and qualified personnel; our limited operating history and untested business model; our history of losses; our ability to obtain additional capital on commercially reasonable terms, or at all; our ability to manage growth and build our brand; the accuracy of assumptions and estimates behind our technical and production timelines and our financial statements; material weaknesses in our internal control over financial reporting; product liability claims, litigation, regulatory actions and government investigations; substantial and changing regulations; cybersecurity incidents, security breaches, and data privacy compliance; tariffs and trade tensions, including a potential global trade war; and other risks detailed in our other Securities and Exchange Commission filings, particularly in the section titled “Risk Factors” contained in our Annual Report on Form 10-K for the fiscal year ended December 31, 2025. We undertake no obligation to publicly update any forward-looking statements, whether as a result of new information, future developments or otherwise, except as may be required by law.

Please follow us on:

LinkedIn: https://www.linkedin.com/company/solidion-tech

X: https://x.com/solidiontech

View original content to download multimedia:https://www.prnewswire.com/news-releases/solidion-technology-nasdaq-sti-reports-third-quarter-financial-results-highlighting-strong-cash-balance-reduction-in-liabilities-and-positive-eps-302933931.html

SOURCE Solidion Technology, Inc.

Technology

Solidion Technology (NASDAQ: STI) Reports Third Quarter Financial Results, Highlighting Strong Cash Balance, Reduction in Liabilities and Positive EPS

Published

2 hours ago

November 9, 2026

Company Maintains Strong Cash Position of $26.2 Million, Reduces Total Liabilities by Approximately 40%, and Reports Positive Earnings per Share (EPS) of $0.02

Third Quarter 2026 Financial and Corporate Highlights

TABLE 1: QUARTERLY FINANCIAL PERFORMANCE

Metric

Q3 2026

Q3 2025

Revenue

$41,638

$9,350

Cost of revenue

$120,000

$4,321

Selling, general and administrative, Research and Development

$2,240,915

$1,747,929

Total other income (expense)

$2,563,700

$(2,349,245)

Basic earnings (loss) per share

$0.02

$(1.33)

“We believe our strategy positions Solidion Technology to capitalize on opportunities across the energy storage industry, while maintaining our commitment to long-term shareholder value.”

Business Highlights

Technology and Commercialization

Strategic Priorities

About Solidion Technology, Inc.

For more information, please visit www.ir.solidiontech.com or contact Investor Relations.

Forward-Looking Statements

Please follow us on:

LinkedIn: https://www.linkedin.com/company/solidion-tech

X: https://x.com/solidiontech

SOURCE Solidion Technology, Inc.

Technology

FXT Named Most Innovative Broker at the 2026 Finance Magnates Awards

Published

2 hours ago

November 9, 2026

Trader-first innovation recognised across FXT’s all-in-one trading ecosystem.

SYDNEY, Nov. 10, 2026 /PRNewswire/ — FXT has been named Most Innovative Broker 2026 in the global brokerage category at the Finance Magnates Awards, announced on 6 November in Limassol, Cyprus.

For FXT, the award marks more than technology. It celebrates a philosophy pursued since 2014: relentless innovation, Total Quality Management and the belief that every advancement should give traders more clarity, control and choice when markets move.

That philosophy shapes FXT’s all-in-one trading ecosystem, connecting multi-asset CFD trading, MetaTrader platforms, FXT WebTrader, the FXT App trading experience and account tools. Rather than forcing traders to piece together disconnected services, FXT is building around their decisions and workflows.

At the centre is FXT AI, an in-house, multi-agent trading co-pilot integrated into the FXT client environment, not a generic AI plug-in. Its Market Reader, Trade Mentor and Risk Monitor are designed to bring market context, trading behaviour and open-position exposure into clearer view. FXT AI supports decision-making; traders remain in control.

FXT Social Trading extends that approach, connecting Strategy Providers and Followers within a dedicated copy-trading ecosystem. Together, these capabilities reflect innovation shaped around real trading needs, not technology for technology’s sake.

“This is a proud moment for everyone at FXT. Our ambition has always been to put traders at the centre of the technology we build. Innovation and precision are not separate promises; they are the standards we work to every day,” said CEO Adam Phillips.

The award provides momentum to FXT’s brand belief: In Control. When It Gets Real. Because when markets become unpredictable, traders deserve tools built for the moments that matter.

About FXT
FXT is a global multi-asset forex and CFD broker built for traders who want greater clarity, control and choice when markets move. Since 2014, more than 100,000 traders worldwide have used FXT to access 200+ instruments across forex, indices, commodities and share CFDs. FXT supports trading through MT4, MT5, FXT WebTrader and the FXT Mobile App, with FXT AI built into the account experience.

FXT is a registered business name of Gleneagle Securities Pty Ltd, licensed by the Vanuatu Financial Services Commission under licence number 40256.

CFDs are leveraged products and carry a high risk of loss. Product availability, trading conditions and protections vary by jurisdiction and account type.

View original content to download multimedia:https://www.prnewswire.com/in/news-releases/fxt-named-most-innovative-broker-at-the-2026-finance-magnates-awards-302933943.html

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