Fluor Corporation

Fluor Corporation reported challenging financial results for FY 2025, with revenue of $15.50 billion but a gross loss of $120.0 million due to cost of revenue exceeding revenue at $15.62 billion. This led to an operating loss of $378.0 million and a net loss attributable to Fluor of $51.0 million. The company experienced negative operating cash flow of $387.0 million, though investing activities generated $437.0 million primarily from a $605.0 million gain on the fair value of the forward sale contract of NuScale shares. Fluor's balance sheet shows total assets of $8.24 billion with shareholders' equity of $3.24 billion and long-term debt of $1.07 billion. The company repurchased $754.0 million of common stock during the year, contributing to a financing cash outflow of $797.0 million. Equity method earnings of $210.0 million provided some offset to operating losses, while the investment in NuScale represents a significant asset at $1.58 billion.

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