ATS Corporation Reports Fourth Quarter Fiscal 2026 Results

ATS Corporation reported its financial results for the fourth quarter and full year ended March 31, 2026. For the fourth quarter, revenues increased by 30.1% year-over-year to $747.1 million, while the net loss decreased significantly to $16.2 million from $68.9 million in the prior year. Adjusted EBITDA was $102.5 million, up from $97.1 million in the prior year. For the full fiscal year 2026, revenues grew by 17.4% to $2,972.9 million, and the company reported a net income of $71.7 million, a substantial improvement from a net loss of $28.0 million in fiscal 2025. Full-year Adjusted EBITDA increased to $413.0 million from $368.9 million. The company also reported restructuring and reorganization activities, particularly in its transportation-related businesses, aimed at repositioning operations and improving cost structures. The Order Backlog at the end of the fiscal year was $1,958 million. The company provided an outlook for the first quarter of fiscal 2027, expecting revenues between $700 million and $740 million, and anticipates modest revenue growth for the full fiscal year 2027, with an expected improvement in adjusted earnings from operations margin.