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Nuclear Power Pay Check

AtkinsRéalis nuclear revenue up 18.3% in Q2 2026

AtkinsRéalis' nuclear revenue hit $671.2 million in Q2 2026, marking an 18.3% increase from the same quarter last year.
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Foto: Symbolbild | abou-alhool.com · Symbolbild (thematisch gesucht: S&P 500 AtkinsRéalisâ Nuclear Growth Continues â SPEA Says a) - nicht das Originalfoto der Quelle.
The essentials
  • AtkinsRéalis’ Nuclear Segment Adjusted EBIT rose 20.8% to $77.0 million in Q2 2026.
  • The company raised its 2026 full-year nuclear revenue outlook to about $2.7 billion.
  • SPEA says its current contracts with Candu Energy expire at the end of 2026.
  • The federal government aims to build up to 10 new reactors by 2040 as part of its nuclear strategy.

Revenue and EBIT gains highlight continued growth

AtkinsRéalis has seen its nuclear operations gain strength, with revenue from the segment hitting $671.2 million in the second quarter of 2026. The company also reported a rise in Nuclear Segment Adjusted EBIT to $77.0 million, a 20.8% gain over last year’s performance.

The results prompted AtkinsRéalis to raise its forecast for 2026. It now expects nuclear revenue to reach roughly $2.7 billion for the full year, up from a prior target of about $2.5 billion. The growth reflects strong performance and growing demand in its nuclear market.

SPEA calls for renewed contracts to match company growth

Mark Chudak, president of the Society of Professional Engineers and Associates (SPEA), emphasized that the numbers reflect real work done by real professionals. “Every engineering solution, every safety analysis, and every design review depends on the expertise of our members,” he said in a statement. The group represents the workforce behind the success and believes that the current contracts with Candu Energy, a wholly owned subsidiary of AtkinsRéalis, must be renewed fairly.

SPEA’s existing collective agreements with Candu Energy will expire at the end of 2026. Chudak said the recent growth reaffirms the need for renewed contracts that reflect the value of the people who contribute to the results. “Investing in the employees who create it is essential to sustaining it,” he said.

Federal strategy aims to expand nuclear footprint

The company’s gains come as the Canadian government announced a nuclear strategy in June. The plan includes building up to 10 large-scale reactors and entering four new international markets by 2040. Chudak said that Canada’s CANDU technology and nuclear engineering workforce are among the world’s best and that maintaining skilled jobs in Canada is key to supporting the economy and future talent.

SPEA, affiliated with Unifor, represents professionals across Canada’s nuclear industry. Its members are central to the development and export of Canada’s nuclear technology. Chudak added that keeping these opportunities in Canada helps strengthen the country’s economy and ensures the next generation can build careers in the field.

“These results are not created by numbers alone—they are created by people.”
Based on reporting by Business Insider, compiled by the Tradingbird newsroom. Published 07 Aug 2026, 13:29.
Topics: Earnings · Energy · Growth

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