Booz Allen Hamilton Holding Corporation (NYSE:BAH) saw its stock jump 4.24% in pre-market trading Friday after delivering fiscal Q1 2026 results that beat Wall Street expectations, even as revenue slipped slightly year-over-year.
The McLean, Virginia-based technology and consulting firm posted adjusted earnings per share of $1.48 for the quarter ended June 30, exceeding analyst estimates of $1.46 and marking a 7.2% improvement from the $1.38 reported in the same period last year. Quarterly revenue came in at $2.92 billion—just under the consensus forecast of $2.97 billion—and down 0.6% from a year earlier.
Despite the slight decline in top-line revenue, Booz Allen reported a 3% increase in adjusted EBITDA to $311 million, while adjusted EBITDA margin widened by 30 basis points to 10.6%. The company also announced a robust quarterly book-to-bill ratio of 1.42x and a record first-quarter backlog of $38 billion, up 10.7% compared to the prior year.
“Our first quarter delivered as expected. Booz Allen is winning work that enables us to bring tech into the administration’s mission priorities,” said Horacio Rozanski, Booz Allen Chairman, CEO and President. “We are accelerating our investments and partnerships across the tech ecosystem to continue delivering for our nation.”
The company reaffirmed its full-year fiscal 2026 outlook, guiding for revenue between $12 billion and $12.5 billion and adjusted EPS in the range of $6.20 to $6.55. These projections are broadly aligned with analyst expectations of $12.25 billion in revenue and $6.41 in EPS.
Booz Allen also pointed to a projected $200 million federal cash tax benefit in FY26, stemming from newly implemented S174 tax regulations. Free cash flow came in at $96 million, a sharp rise from $20 million in the same quarter last year.
During the quarter, the company repurchased approximately 1.1% of its outstanding shares as part of its ongoing capital return strategy. Booz Allen will also pay a quarterly dividend of $0.55 per share on August 29, 2025, to shareholders of record as of August 14, 2025.
Booz Allen Hamilton Holding Corporation stock price
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