CACI International (CACI) Q4 2026 earnings summary

Executive summary

• Achieved record fiscal 2026 results with revenue of $9.6B, up 10.9% year-over-year (7.2% organic), and strong profitability, supporting continued investment and shareholder value creation.

• Major contract wins in electronic warfare, counter-UAS, and space, including a $500M Domestic Shield award and classified counterspace programs, with annual contract awards totaling $10B and a $32B backlog.

• Strategy focused on technology-first solutions, enduring national security priorities, and proactive capital allocation, with investments in leadership and integration of ARKA enhancing space and AI-enabled analytics capabilities.

• Strengthened leadership team with key hires in operations, manufacturing, and electronic warfare to support growth.

• FY27 guidance projects 11.3%–13.4% revenue growth, high 12% EBITDA margin, and at least $900M in free cash flow.

Financial highlights

• Fiscal 2026 revenue reached $9.6B, up 10.9% year-over-year (7.2% organic); Q4 revenue was $2.7B, up 17.6% year-over-year (11.6% organic).

• EBITDA margin for the year was 12.3%, up 110 basis points; Q4 margin was 13%, up 150 basis points.

• Adjusted diluted EPS increased 12.7% to $29.83 for the year; Q4 EPS was $8.91, up 6.1%.

• Free cash flow reached $735M for the year, up 66% year-over-year; Q4 free cash flow was $233M.

• Book-to-bill ratio was 1.1x, with over $10B in contract awards and total backlog exceeding $32B, up 2%.

Outlook and guidance

• Fiscal 2027 revenue expected between $10.65B and $10.85B, representing 11.3%–13.4% growth, including $500M acquired revenue.

• EBITDA margin projected in the high 12% range, up 50 basis points at midpoint; adjusted diluted EPS guidance is $32.96–$33.86.

• Adjusted net income guidance of $735M–$755M; free cash flow for 2027 expected at least $900M, up ~22% per share.

• On track to exceed three-year free cash flow target by 31%, with at least $2.1B over the period.

• Management expects strong cash flow, revenue growth, and margin expansion in fiscal 2027.