ABM — what changed in the latest 10-Q
A section-by-section comparison of ABM's newest periodic SEC filing (10-K/10-Q) against the prior same-form filing: paragraphs added and removed per section, with verbatim excerpts. Purely a deterministic text diff — no similarity scores, no directional read, not investment advice.
Comparing 10-Q · 2026-06-05 vs the prior 10-Q · 2026-03-10
| Section | Outcome | Added | Removed | Minor | Unchanged |
|---|---|---|---|---|---|
| MD&A | Text added/removed | +58 | −25 | ~23 | 32 |
| Market risk (Item 3) | No paragraph-level changes | 0 | 0 | 0 | 1 |
| Controls & procedures | Text added/removed | +2 | −1 | 0 | 2 |
| Legal proceedings | No paragraph-level changes | 0 | 0 | 0 | 1 |
| Risk factors | No material changes reported (points to the 10-K) | — | — | — | — |
| Other information | Text added/removed | +2 | −1 | ~1 | 1 |
Counts are paragraphs; added/removed means text added or removed vs the prior filing — no direction or judgement implied.
Representative excerpts
Up to 5 excerpts of about 300 characters per section, quoted verbatim from the two SEC filings.
MD&A
Text added vs the prior filing · source: 10-Q · 2026-06-05
•Our effective tax rates for the three months ended April 30, 2026, and April 30, 2025, were 27.9% and 29.4%, respectively, and were not impacted by any significant discrete items. Our effective tax rates for the six months ended April 30, 2026 and April 30, 2025 were 26.8% and 25.6%, respectively. …
•Net cash provided by operating activities was $128.2 million for the six months ended April 30, 2026, as compared to cash used in operating activities of $73.9 million for the six months ended April 30, 2025. The $202.1 million improvement was primarily driven by favorable working capital changes, …
•Dividends of $34.2 million were paid to shareholders, and dividends totaling $0.580 per common share were declared during the six months ended April 30, 2026. Additionally, we repurchased 0.1 million shares for $3.0 million, excluding excise taxes, during the three months ended April 30, 2026.
•At April 30, 2026, total outstanding borrowings under our Amended Credit Facility were $1.9 billion. At April 30, 2026, we had up to $518.9 million of borrowing capacity.
Three Months Ended April 30, 2026, Compared with the Three Months Ended April 30, 2025
Text removed vs the prior filing · source: 10-Q · 2026-03-10
◦service mix and timing of the completion of certain projects due to temporary weather related delays in Technical Solutions.
◦operational efficiencies, including cost savings realized from initiatives implemented under our Restructuring Program.
•Our effective tax rates for the three months ended January 31, 2026, and January 31, 2025, were 25.6% and 21.4%, respectively. Our effective tax rate for the three months ended January 31, 2026, was reduced by discrete items, primarily share based compensation. Our effective tax rate for the three …
•Net cash provided by operating activities was $62.0 million for the three months ended January 31, 2026, as compared to cash used in operating activities of $106.2 million for the three months ended January 31, 2025. The $168.2 million improvement was primarily driven by favorable changes in workin…
•Dividends of $17.3 million were paid to shareholders, and dividends totaling $0.290 per common share were declared during the three months ended January 31, 2026. Additionally, we repurchased 2.1 million shares for $91.1 million, excluding excise taxes, during the three months ended January 31, 202…
Controls & procedures
Text added vs the prior filing · source: 10-Q · 2026-06-05
During the second quarter of 2026, we completed the acquisition of WGNSTAR, as described in Note 3, “Acquisitions,” to the unaudited Consolidated Financial Statements. We continue to integrate policies, processes, personnel, technology, and operations relating to this transaction and will continue t…
There were no other changes in our internal control over financial reporting during the second quarter of 2026 identified in connection with the evaluation required by Rules 13a-15(d) and 15d-15(d) of the Exchange Act that has materially affected, or is reasonably likely to materially affect, our in…
Text removed vs the prior filing · source: 10-Q · 2026-03-10
There were no other changes in our internal control over financial reporting during the first quarter of 2026 identified in connection with the evaluation required by Rules 13a-15(d) and 15d-15(d) of the Exchange Act that has materially affected, or is reasonably likely to materially affect, our int…
Other information
Text added vs the prior filing · source: 10-Q · 2026-06-05
Raul Valentin, Executive Vice President and Chief Human Resources Officer
From July 14, 2026, until the earlier of (i) the date when all the shares under the plan are sold and (ii) December 31, 2026
Text removed vs the prior filing · source: 10-Q · 2026-03-10
From March 26, 2026, until the earlier of (i) the date when all the shares under the plan are sold and (ii) December 31, 2026
How to read Risk Factors (Item 1A) in a 10-Q
A 10-Q risk-factor section usually takes one of three forms; this page classifies it as one of:
- Pointer — the filer states there have been no material changes and points back to the annual 10-K risk factors; there is no own risk text to compare this quarter.
- Partial update — the filer carves out specific updated risks ("except as set forth below"); the excerpts show exactly what is new this quarter.
- Restated in full — the quarter carries the complete risk-factor text. When the prior quarter was only a pointer there is no prior full text to diff against, so the page flags the section as restated instead.
This describes the filing structure only — it is never a judgement on whether risk went up or down.
Source: text-level diff of the two SEC EDGAR filings · deterministic (no AI-generated content) · for reference only · not investment advice