CACI International Inc. Reports 5.7% Revenue Growth

By Chris Stiles • Thursday, January 22 04:07 • Permanent Link

CACI International Inc. (NYSE: CACI) reported its fiscal 2026 second-quarter results, highlighting a 5.7% year-over-year increase in revenues to $2.2 billion. Net income also saw a significant surge, reaching $123.9 million, up 12.7% from the same period in the previous year, while diluted earnings per share rose by 14.5% to $5.59. Adjusted net income, a non-GAAP measure, rose by 12.3% to $150.7 million, and adjusted diluted earnings per share also increased by 14.5% to $6.81.

The company's EBITDA reached $262.6 million, marking a 12.8% increase from the prior year, with an EBITDA margin of 11.8%. Cash flow from operations, excluding the impact of the company's master accounts receivable purchase agreement (MARPA), surged by 102.9% to $154.2 million, while free cash flow, another non-GAAP measure, rose by 109.1% to $138.2 million. Days sales outstanding (DSO) stood at 25 days, a significant improvement from 53 days in the same period last year.

Contract awards in the second quarter totaled $1.4 billion, with approximately 70% for new business to CACI. The total backlog as of December 31, 2025, increased by 3.1% year-over-year to $32.8 billion, with funded backlog reaching $4.4 billion, up 7.3% from the previous year.

CACI also provided guidance for fiscal year 2026, raising its revenue expectations to a range of $9.3 billion to $9.5 billion, up from the previous range of $9.2 billion to $9.4 billion. The company also raised its adjusted net income and adjusted diluted earnings per share guidance.

Additionally, CACI announced its agreement to acquire Arka Group L.P. from funds managed by Blackstone Tactical Opportunities for $2.6 billion. The company also highlighted notable contract awards and its continued commitment to supporting veterans and the military community.

President and CEO John Mengucci expressed confidence in the company's strong results, expanding backlog, and robust pipeline, and emphasized their positioning to achieve their 3-year financial targets and drive long-term value for customers and shareholders.

In light of these figures and developments, CACI International Inc. appears to be on a positive trajectory, showcasing growth in key financial metrics and a strategic approach to expanding its capabilities and market presence. The market has reacted to these announcements by moving the company's shares 1.26% to a price of $635.40. For the full picture, make sure to review CACI INTERNATIONAL INC /DE/'s 8-K report.

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