CACI(US:CACI)2026-01-21 21:35Financial Performance - Revenues for the second quarter of fiscal 2026 were $2.2 billion, representing a 5.7% increase year-over-year[1] - Net income was $123.9 million, with diluted EPS of $5.59, up 14.5% compared to the previous year[1] - Adjusted net income reached $150.7 million, and adjusted diluted EPS was $6.81, both up 14.5% year-over-year[1] - EBITDA for the quarter was $262.6 million, resulting in an EBITDA margin of 11.8%[1] - Revenues for the three months ended December 31, 2025, increased by 5.7% to $2,220,097 thousand compared to $2,099,809 thousand for the same period in 2024[18] - Net income for the six months ended December 31, 2025, rose by 8.1% to $248,665 thousand, up from $230,115 thousand in 2024[18] - Basic earnings per share for the three months ended December 31, 2025, increased by 14.5% to $5.61, compared to $4.90 in the prior year[18] - Total revenue for the three months ended December 31, 2025, was $2,220,097, representing a 5.7% increase from $2,099,809 in the same period of 2024[31] - The diluted EPS for the three months ended December 31, 2025, was reported at $5.59, a 14.5% increase from $4.88 in the same period of 2024[35] - The company reported a total of $4,507,720 in revenue for the six months ended December 31, 2025, which is an 8.4% increase from $4,156,698 in the same period of 2024[38] - The EBITDA margin for the three months ended December 31, 2025, was 11.8%, compared to 11.1% in the same period of 2024[38] - The company reported a net income of $123,855 for the three months ended December 31, 2025, which is a 12.7% increase from $109,938 in the same period of 2024[38] Contract Awards and Backlog - Contract awards in the second quarter totaled $1.4 billion, with approximately 70% attributed to new business[7] - Total backlog as of December 31, 2025, was $32.8 billion, a 3.1% increase from the previous year[7] - Funded backlog increased to $4.4 billion, up 7.3% year-over-year[7] - Contract awards for the three months ended December 31, 2025, were $1,441,956, a 23.4% increase from $1,168,955 in the prior year[33] Cash Flow and Guidance - Free cash flow guidance for fiscal year 2026 was increased to at least $725 million, up from at least $710 million[11] - The company expects net cash provided by operating activities for FY26 to be in the range of $810 million, compared to $795 million in the prior guidance[40] - Free cash flow for the three months ended December 31, 2025, was $138,151, up from $66,067 in the same period of 2024[40] - Net cash provided by operating activities for the six months ended December 31, 2025, was $325,260 thousand, compared to $160,703 thousand in 2024[21] Assets and Liabilities - Total current assets as of December 31, 2025, were $2,114,677 thousand, an increase from $1,779,945 thousand as of June 30, 2025[20] - Total liabilities as of December 31, 2025, were $4,795,521 thousand, slightly up from $4,753,653 thousand as of June 30, 2025[20] - Cash and cash equivalents increased to $422,976 thousand as of December 31, 2025, from $106,181 thousand at the beginning of the period[21] - Total shareholders' equity increased to $4,137,768 thousand as of December 31, 2025, from $3,893,945 thousand as of June 30, 2025[20] Acquisition - The company plans to acquire ARKA Group for $2.6 billion, enhancing its technology portfolio in national security[9] Revenue Guidance - Fiscal year 2026 revenue guidance was raised to $9.3 billion - $9.5 billion, up from the previous range of $9.2 billion - $9.4 billion[11]