CACI International recorded a 5.7 percent year-over-year growth in revenues to $2.2 billion for the second quarter of fiscal year 2026 and closed the quarter with a total backlog of $32.8 billion, up 3.1 percent from the previous year’s $31.8 billion.
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In an earnings statement published Wednesday, the Reston, Virginia-based government technology services contractor said that as of Dec. 31, its funded backlog was $4.4 billion, up 7.3 percent from the prior-year period.
CACI reported $123.9 million in Q2 net income and $5.59 in diluted earnings per share, up 14.5 percent year-over-year.
The company saw its Q2 adjusted diluted EPS rise 14.5 percent to $6.81 and posted an adjusted net income of $150.7 million.
CACI logged $262.6 million in earnings before interest, taxes, depreciation and amortization, or EBITDA, for the second quarter. The company’s EBITDA margin for the quarter was 11.8 percent, compared with 11.1 percent during the prior-year period.
What Are CACI CEO John Mengucci’s Thoughts on Q2 FY26 Financial Results?
CACI President and CEO John Mengucci said the company’s second quarter results demonstrated continued execution of its strategy and the value of its differentiated capabilities. He noted that solid revenue growth and strong EBITDA margin supported healthy free cash flow, enabling the company to meet shareholder commitments and address customer mission needs.
“Through bold, strategic investments we have built leading positions in electronic warfare and Agile software development, while continuing to strengthen our technology portfolio in space with the planned acquisition of ARKA Group — all areas vital to national security,” stated Mengucci, a six-time Wash100 awardee.
In December, CACI agreed to acquire ARKA from Blackstone Tactical Opportunities-managed funds for approximately $2.6 billion in cash as part of efforts to expand its space-based sensing capabilities and accelerate the delivery of actionable intelligence to warfighters.
“With our strong results, expanding backlog, and robust pipeline, we are raising our fiscal year 2026 guidance and remain extremely well-positioned to achieve our 3-year financial targets and drive long-term value for our customers and our shareholders.”
What Are CACI’s Contract Wins in Q2 FY 2026?
The company secured $1.4 billion in Q2 contracts, with approximately 70 percent of those representing new business.
CACI booked $265 million in new contracts and additional work on existing programs within the U.S. intelligence community. It also received its first order from a Department of War customer to produce remote modular terminals designed to intercept adversarial beyond-line-of-sight satellite communication.
In December, the company won a spot on the Missile Defense Agency’s potential 10-year, $151 billion Scalable Homeland Innovative Enterprise Layered Defense, or SHIELD, contract.
What Is CACI’s FY 2026 Guidance?
Following its second quarter performance, CACI revised its full-year fiscal 2026 outlook, which does not include the planned ARKA acquisition.
Full-year revenue is now projected at $9.3 billion to $9.5 billion, compared with the prior range of $9.2 billion to $9.4 billion. Adjusted net income for FY 2026 is forecast between $630 million and $645 million, an increase from the earlier guidance of $605 million to $625 million.
The company’s updated guidance reflects adjusted diluted earnings per share of $28.25 to $28.92 and free cash flow of at least $725 million.
