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Briefing

AtkinsRéalis reports higher profit and sees big money in powering data centres

Briefing

AtkinsRéalis reports higher profit and sees big money in powering data centres

By David Reevely
Aug 6, 2026 | 12:21 PM ET
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The Montreal-headquartered engineering giant made $95.7 million in its most recent quarter as its $3 billion in revenue increased 10 per cent from the same quarter in 2025. It also raised its full-year forecast for revenue from its nuclear segment—which includes its Candu reactor business—from $2.5 billion to $2.7 billion. (The Logic)

Talking point: The firm is seeking regulatory approvals for Candu technology in the United States. CEO Ian Edwards said on an analyst call that “the scale of demand is incredible” for electricity for new data centres, to the point where some developers are using diesel generators; AtkinsRéalis hopes to step in with its nuclear tech, aided by expertise and supply chains built up through recent reactor refurbishments. On the down side, the company acknowledged that the war in the Middle East and Saudi Arabia’s suspension of its Neom linear-city scheme have hurt its business in that region. 

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