Caci International Stock Earnings Reports

CACI reported a strong start to FY2026 with revenue of nearly $2.3 billion (11.2% YoY growth; 5.5% organic), EBITDA margin of 11.7% (+120 bps YoY), adjusted EPS of $6.85 (+16% YoY), and free cash flow of $143 million for Q1. The company won $5.0 billion of awards in the quarter (book-to-bill 2.2x Q1, 1.3x trailing 12 months) and ended the quarter with record backlog of $34 billion (funded backlog up ~26% YoY) and weighted average award duration >6 years. Management reaffirmed FY26 guidance: revenue $9.2–9.4B, adjusted net income $605–625M, EBITDA margin in the mid‑11% range and FCF of at least $710M; Q2 EBITDA margin is expected to be about 11%. Key growth drivers highlighted were Counter‑UAS (Merlin and other software‑defined systems), Counter‑Space (TIGS and RMT awards), network modernization (Air Force base infrastructure task orders ~ $400M) and large agile software modernization wins (e.g., JTMS $1.6B, BEAGEL expansions). Management emphasized resilience to the current federal government shutdown given the company’s national‑security focus and high funded backlog, noting only modest, manageable operational impacts (minor invoice/collections timing and small, recoverable pockets of attenuated activity). The company continues to invest ahead of customer need, expand AI/DevSecOps in delivery, pursue selective M&A (technology/sensor/software targets), and seize growing international demand for EW/SIGINT/Counter‑UAS. Risks/notes for investors: award and pipeline lumpiness, potential longer shutdown duration risk (but believed to be encompassed in guidance), some uptick in protests in the market, and sensitivity to how reconciliation funding (e.g., Golden Dome, DHS priorities) ultimately gets allocated.