ATS Reports Steady Q3 Execution, Diversified Backlog

New CEO Doug Wright emphasizes margin expansion, disciplined capital allocation in first earnings call

Published on Feb. 4, 2026

Got story updates? Submit your updates here. ›

ATS (NYSE:ATS) executives highlighted steady third-quarter execution, continued revenue growth, and a diversified backlog during the company's fiscal Q3 conference call. New CEO Doug Wright, who joined in mid-January, emphasized sharper execution discipline, margin improvement, and disciplined capital allocation as key priorities.

Why it matters

ATS is a global provider of automation and energy solutions, serving a range of industries including life sciences, consumer electronics, automotive, and industrial equipment. The company's Q3 performance and outlook provide insights into the broader manufacturing and automation sectors, as well as the priorities of the new leadership team.

The details

ATS reported Q3 revenue of $761 million, up 16.7% year-over-year, with 12.6% organic growth and a 4.1% benefit from foreign exchange. Adjusted earnings from operations were $79.9 million, up 21.6%. The company ended the quarter with an order backlog of approximately $2.1 billion, balanced across end markets and geographies. Wright said his initial focus has been 'rapidly translating learning into action,' particularly around execution discipline, margin performance, and capital allocation.

  • ATS reported Q3 results on February 4, 2026.
  • Wright joined ATS as CEO in mid-January 2026.

The players

Doug Wright

The new CEO of ATS who joined the company in mid-January 2026.

Ryan McLeod

The outgoing CFO of ATS.

Anne Cybulski

The Corporate Controller at ATS who will serve as Interim CFO during the transition.

ATS Corporation

A Canada-based global provider of automation and energy solutions, specializing in the design, engineering and manufacturing of custom automation and test systems, as well as fluid handling and control products.

Got photos? Submit your photos here. ›

What they’re saying

“We must not let individuals continue to damage private property in San Francisco.”

— Robert Jenkins, San Francisco resident (San Francisco Chronicle)

What’s next

The judge in the case will decide on Tuesday whether or not to allow Walker Reed Quinn out on bail.

The takeaway

This case highlights growing concerns in the community about repeat offenders released on bail, raising questions about bail reform, public safety on SF streets, and if any special laws to govern autonomous vehicles in residential and commercial areas.