Inferra AI / Company / BAH
Booz Allen Hamilton Holding Corp
BAH · Industrials
Last earnings Oct 23, 2026
Key results
Revenuequarter
$2.8 billion
Revenue of $2.8 billion, a 3.9 percent year-over-year decrease Revenue ex-billables of $2.0 billion, a 0.8 percent decrease
SEC original ↗Booz Allen Hamilton Holding Corp — Earnings release (8-K exhibit)EX-99Oct 23, 2026
Net incomequarter
$181 million
Net Income of $181 million, a 3.4 percent increase Adjusted Net Income1 of $211 million, a 15.3 percent increase Adjusted EBITDA1 of $313 million, a 3.4 percent decrease Adjusted EBITDA Margin on Revenue1 increased by 10 basis points to 11.3% Adjusted Diluted EPS1 of $1.76
SEC original ↗Booz Allen Hamilton Holding Corp — Earnings release (8-K exhibit)EX-99Oct 23, 2026
Free cash flowquarter
18.1%
Q2 Summary Financial Results KEY FINANCIAL RESULTS Revenue Adjusted EBITDA Adjusted Diluted EPS Free Cash Flow (3.9)% (3.4)% (33.4)%+18.1% (1) Reconciliations of Adjusted EBITDA, Adjusted Diluted EPS, and Free Cash Flow can be found in the Appendix, beginning on slide 8.
SEC original ↗Booz Allen Hamilton Holding Corp — Presentation / slide deck (8-K exhibit)EX-99Oct 23, 2026
Q2 2027 Results KEY FINANCIAL RESULTS SECOND QUARTER (1) FIRST HALF (1) Revenue $2.8 billion (3.9)% $5.6 billion (4.1)% Revenue, Excluding Billable Expenses $2.0 billion (0.8)% $3.9 billion (2.3)% Net Income $181 million +3.4% $379 million (15.0)% Adjusted EBITDA (2) $313 million (3.4)% $647 million +1.9% Adjusted EBITDA Margin on Revenue (2) 11.3% +10 bps 11.6% +70 bps Adjusted Net Income $211 million +15.3% $428 million +16.6% Diluted EPS $1.50 +5.6% $3.13 (12.6)% Adjusted Diluted EPS $1.76 +18.1% $3.57 +20.2% Net Cash Provided by Operating Activities $294 million (30.2)% $575 million +6.5% (1) Comparisons are to prior fiscal year period.
SEC original ↗Booz Allen Hamilton Holding Corp — Presentation / slide deck (8-K exhibit)EX-99Oct 23, 2026
Net income margin was 6.5% and 6.8% for the three and six months ended September 30, 2026.
SEC original ↗Booz Allen Hamilton Holding Corp — Presentation / slide deck (8-K exhibit)EX-99Oct 23, 2026
Revenue decreased 3.9% to $2.8 billion, primarily driven by the impact of a slowed procurement environment in the prior year which resulted in a slower start to programs in the current year, predominantly from civil customers, leading to reduced headcount and billable expenses.
SEC original ↗Booz Allen Hamilton Holding Corp — Presentation / slide deck (8-K exhibit)EX-99Oct 23, 2026
Net income increased to $181 million from $175 million, primarily driven by lower income tax expense and an additional gain of $10 million from an earnout associated with the group of contracts sold in the fourth quarter of fiscal 2026
SEC original ↗Booz Allen Hamilton Holding Corp — Presentation / slide deck (8-K exhibit)EX-99Oct 23, 2026
EPSquarter
$1.50
Diluted EPS increased to $1.50 from $1.42, driven by the same factors noted above in net income and a reduction in share count.
SEC original ↗Booz Allen Hamilton Holding Corp — Presentation / slide deck (8-K exhibit)EX-99Oct 23, 2026
AI analysis
Q2 FY2027 · reported Oct 23, 2026
Based on: Earnings release + Q2 FY2027 deck + parent 8-K + 10-Q — transcript not held
Headline figures
| Metric | Q2 FY2027 | Prior qtr | Year ago |
|---|---|---|---|
| Revenue | $2.8 billion | — | — |
| Net income | $181 million | — | — |
| Free cash flow | 18.1% | — | — |
| EPS | $1.50 | — | — |
Guidance · company-stated
“of 16-19%”
“of approximately $200 million”
“$11.3”
“$1,260”
Guidance stated in the release for Fiscal 2027; figures as stated.
Cash flow & capex
Capital allocation
With respect to our expectations under Outlook above, a reconciliation of Adjusted Diluted EPS guidance to the closest corresponding GAAP measure is not available without unreasonable efforts on a forward- looking basis due to our inability to predict our stock price, equity grants, and dividend declarations during the course of fiscal 2026.
Projecting future stock price, equity grants, and the dividends to be declared would be necessary to accurately calculate the difference between Adjusted Diluted EPS and GAAP EPS as a result of the effects of the two-class method and related possible dilution used in the calculation of EPS.
Event summary
Booz Allen Hamilton Holding Corp Q2 FY2027 — Revenue of $2.8 billion, a 3.9 percent year-over-year decrease Revenue ex-billables of $2.0 billion, a 0.8 percent decrease
Based on: Earnings release + Q2 FY2027 deck + parent 8-K + 10-Q — transcript not held
Guidance & outlook
effective tax rate: “effective tax rate of 16-19%”
capital expenditures: “capital expenditures of approximately $200 million”
Revenue: “Revenue $11.3”
Adjusted EBITDA: “Adjusted EBITDA $1,260”
effective tax rate (“Fiscal 2027”)
“3 Fiscal 2027 Guidance assumes an effective tax rate of 16-19% and average diluted shares outstanding of 118 120 million.”
capital expenditures (“Fiscal 2027”)
“4 Fiscal 2027 Guidance assumes capital expenditures of approximately $200 million.”
Revenue (“FISCAL 2027”)
“OPERATING PERFORMANCE UPDATED FISCAL 2027 GUIDANCE PRIOR FISCAL 2027 GUIDANCE Revenue $11.3 - $11.6 billion $11.2 - $11.7 billion Revenue Growth 1.0 - 3.0% 0 - 4.0% Adjusted EBITDA $1,260 - $1,290 million $1,240 - $1,290 million Adjusted EBITDA Margin on Revenue ~11% ~11% Adjusted Diluted EPS3 $6.50 - $6.70 $6.00 - $6.35 Free Cash Flow4 $850 - $925 million $825 - $925 million EARNINGS WEBCAST We will host a live conference call at 8 a.”
Adjusted EBITDA (“FISCAL 2027”)
“OPERATING PERFORMANCE UPDATED FISCAL 2027 GUIDANCE PRIOR FISCAL 2027 GUIDANCE Revenue $11.3 - $11.6 billion $11.2 - $11.7 billion Revenue Growth 1.0 - 3.0% 0 - 4.0% Adjusted EBITDA $1,260 - $1,290 million $1,240 - $1,290 million Adjusted EBITDA Margin on Revenue ~11% ~11% Adjusted Diluted EPS3 $6.50 - $6.70 $6.00 - $6.35 Free Cash Flow4 $850 - $925 million $825 - $925 million EARNINGS WEBCAST We will host a live conference call at 8 a.”
Guidance stated in the release for Fiscal 2027; figures as stated.
Capital allocation
With respect to our expectations under Outlook above, a reconciliation of Adjusted Diluted EPS guidance to the closest corresponding GAAP measure is not available without unreasonable efforts on a forward- looking basis due to our inability to predict our stock price, equity grants, and dividend declarations during the course of fiscal 2026.
SEC original ↗Booz Allen Hamilton Holding Corp — Earnings release (8-K exhibit)EX-99Oct 23, 2026
Projecting future stock price, equity grants, and the dividends to be declared would be necessary to accurately calculate the difference between Adjusted Diluted EPS and GAAP EPS as a result of the effects of the two-class method and related possible dilution used in the calculation of EPS.
SEC original ↗Booz Allen Hamilton Holding Corp — Earnings release (8-K exhibit)EX-99Oct 23, 2026
Examples of forward-looking statements include information concerning Booz Allen s preliminary financial results, financial outlook and guidance, including forecasted revenue, Diluted EPS, and Adjusted Diluted EPS, future quarterly dividends, and future improvements in operating margins, as well as any other statement that does not directly relate to any historical or current fact.
SEC original ↗Booz Allen Hamilton Holding Corp — Earnings release (8-K exhibit)EX-99Oct 23, 2026
Examples of forward-looking statements include information concerning Booz Allen s preliminary financial results, financial outlook and guidance, including forecasted revenue, Adjusted EBITDA, Diluted EPS, Adjusted Diluted EPS, future quarterly dividends, and future improvements in operating margins, as well as any other statement that does not directly relate to any historical or current fact.
SEC original ↗Booz Allen Hamilton Holding Corp — Presentation / slide deck (8-K exhibit)EX-99Oct 23, 2026
With respect to our expectations under Financial Outlook", reconciliation of Adjusted Diluted EPS guidance, Adjusted EBITDA, and Adjusted EBITDA Margin on Revenue, and Adjusted Effective Tax Rate to the closest corresponding GAAP measure is not available without unreasonable efforts on a forward-looking basis due to our inability to predict our stock price, equity grants and dividend declarations with respect to Adjusted Diluted EPS, and our net income, net interest and other expenses with respect to Adjusted EBITDA, Adjusted EBITDA Margin on Revenue, and Adjusted Effective Tax Rate, during the course of fiscal 2027.
SEC original ↗Booz Allen Hamilton Holding Corp — Presentation / slide deck (8-K exhibit)EX-99Oct 23, 2026
With respect to Adjusted Diluted EPS guidance, projecting future stock price, equity grants and dividends to be declared would be necessary to accurately calculate the difference between Adjusted Diluted EPS and GAAP EPS as a result of the effects of the two-class method and related possible dilution used in the calculation of EPS.
SEC original ↗Booz Allen Hamilton Holding Corp — Presentation / slide deck (8-K exhibit)EX-99Oct 23, 2026
Strategy & priorities
Profitability above expectations driven by strong operational execution Momentum across National Security portfolio; Civil business performing in line with expectations Total backlog up 1.9% year-over-year to $41 billion and quarterly book-to-bill ratio of 1.5x Adjusted Diluted EPS1 guidance raised above prior range Accelerating investments and delivery of advanced cyber, agentic, and defense technologies to drive speed, outcomes and mission impact "Booz Allen is executing exceptionally well and investing in our next phase of growth," said Horacio Rozanski, Booz Allen Chairman and CEO.
SEC original ↗Booz Allen Hamilton Holding Corp — Earnings release (8-K exhibit)EX-99Oct 23, 2026
We build commercial-grade products and solutions for America s most critical defense, civil, and national security priorities.
SEC original ↗Booz Allen Hamilton Holding Corp — Earnings release (8-K exhibit)EX-99Oct 23, 2026
In fiscal 2026, other corporate expenses consist primarily of nonrecoverable costs associated with employee severance from cost management and restructuring initiatives, transaction costs associated with a divestiture, and acquisition related costs associated with the acquisition of Defy Security.
SEC original ↗Booz Allen Hamilton Holding Corp — Earnings release (8-K exhibit)EX-99Oct 23, 2026
Booz Allen is executing exceptionally well and investing in our next phase of growth.
SEC original ↗Booz Allen Hamilton Holding Corp — Presentation / slide deck (8-K exhibit)EX-99Oct 23, 2026
Committed to a Balanced Capital Allocation Strategy CAPITAL DEPLOYMENT DEPLOYING INVESTMENT ACROSS OUR KEY GROWTH VECTORS STRONG CASH FLOW SUPPORTING SHAREHOLDER RETURNS STRONG BALANCE SHEET AND LIQUIDITY $795M M&A and Strategic Investments Made in the Second Quarter 3.3x Net Leverage Ratio(1) $170M Returned to Shareholders in the Second Quarter $1.8B Substantial Liquidity Creates Optionality (1) Reconciliation of Net Leverage can be found in the Appendix, on slide 14.
SEC original ↗Booz Allen Hamilton Holding Corp — Presentation / slide deck (8-K exhibit)EX-99Oct 23, 2026
Risks & headwinds
These forward-looking statements relate to future events or our future financial performance and involve known and unknown risks, uncertainties and other factors that may cause our actual results, levels of activity, performance, or achievements to differ materially from any future results, levels of activity, performance, or achievements expressed or implied by these forward-looking statements.
SEC original ↗Booz Allen Hamilton Holding Corp — Earnings release (8-K exhibit)EX-99Oct 23, 2026
In light of these risks, uncertainties, and other factors, the forward-looking statements might not prove to be accurate and you should not place undue reliance upon them.
SEC original ↗Booz Allen Hamilton Holding Corp — Earnings release (8-K exhibit)EX-99Oct 23, 2026
These forward-looking statements relate to future events or our future financial performance and involve known and unknown risks, uncertainties and other factors that may cause our actual results, levels of activity, performance or achievements to differ materially from any future results, levels of activity, performance or achievements expressed or implied by these forward-looking statements.
SEC original ↗Booz Allen Hamilton Holding Corp — Presentation / slide deck (8-K exhibit)EX-99Oct 23, 2026
Other Information 24 ITEM 1 Legal Proceedings 24 ITEM 1A Risk Factors 24 ITEM 2 Unregistered Sales of Equity Securities and Use of Proceeds 24 ITEM 3 Defaults Upon Senior Securities 24 ITEM 4 Mine Safety Disclosures 24 ITEM 5 Other Information 24 ITEM 6 Exhibits 25 Table of Contents PART I.
SEC original ↗Booz Allen Hamilton Holding Corp — 10-Q Quarterly report10-QOct 23, 2026
Revenue We disaggregate our revenue from contracts with customers by contract type and by customer type, as well as by whether the Company acts as prime contractor or subcontractor, as we believe these categories best depict how the nature, amount, timing and uncertainty of our revenue and cash flows are affected by economic factors.
SEC original ↗Booz Allen Hamilton Holding Corp — 10-Q Quarterly report10-QOct 23, 2026
Litigation Our performance under U.
SEC original ↗Booz Allen Hamilton Holding Corp — 10-Q Quarterly report10-QOct 23, 2026
Earnings deck slides
0 decks with slide viewBooz Allen Hamilton Holding Corp — Presentation / slide deck (8-K exhibit) — Slide view unavailable — this deck was filed as a web document, whose text has no page boundaries.
Booz Allen Hamilton Holding Corp — Presentation / slide deck (8-K exhibit) — Slide view unavailable — this deck was filed as a web document, whose text has no page boundaries.
Booz Allen Hamilton Holding Corp — Presentation / slide deck (8-K exhibit) — Slide view unavailable — this deck was filed as a web document, whose text has no page boundaries.
Booz Allen Hamilton Holding Corp — Presentation / slide deck (8-K exhibit) — Slide view unavailable — this deck was filed as a web document, whose text has no page boundaries.
Booz Allen Hamilton Holding Corp — Presentation / slide deck (8-K exhibit) — Slide view unavailable — this deck was filed as a web document, whose text has no page boundaries.
Booz Allen Hamilton Holding Corp — Presentation / slide deck (8-K exhibit) — Slide view unavailable — this deck was filed as a web document, whose text has no page boundaries.
Booz Allen Hamilton Holding Corp — Presentation / slide deck (8-K exhibit) — Slide view unavailable — this deck was filed as a web document, whose text has no page boundaries.
Booz Allen Hamilton Holding Corp — Presentation / slide deck (8-K exhibit) — Slide view unavailable — this deck was filed as a web document, whose text has no page boundaries.
Booz Allen Hamilton Holding Corp — Presentation / slide deck (8-K exhibit) — Slide view unavailable — this deck was filed as a web document, whose text has no page boundaries.
Booz Allen Hamilton Holding Corp — Presentation / slide deck (8-K exhibit) — Slide view unavailable — this deck was filed as a web document, whose text has no page boundaries.
Booz Allen Hamilton Holding Corp — Presentation / slide deck (8-K exhibit) — Slide view unavailable — this deck was filed as a web document, whose text has no page boundaries.
Competitors
Competitors & peers
Same GICS sector — classification peers, not declared competitors
Filings
32 documentsEarnings releases
8 documentsPresentations
11 documents
Transcripts
0 documentsNo transcripts for Booz Allen Hamilton Holding Corp are held in this edition of the library.
Mentioned by
1 companyOther tracked companies whose held documents mention Booz Allen Hamilton Holding Corp by name or ticker. A mention is counted once per document, from the document text the library holds.
“ Completes Acquisition of Ultra I&C Mission Solutions Business McLean, VA—August 24, 2026—Booz Allen Hamilton (NYSE: BAH) has… …contained in this release include “forward-looking statements” within the meaning of the Private Securities Litigation Ref”
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