DLHC
DLH Holdings Corp.5.65
+0.08+1.44%
Dec 16, 4:00:02 PM EST
Earnings Call Transcripts
This Quarter (Q4 '25)
No earnings call transcript available yet
Last Quarter (Q3 '25)
No earnings call transcript available
Key Stats
Market Cap
81.89MP/E (TTM)
62.78Basic EPS (TTM)
0.09Dividend Yield
0%Recent Filings
8-K
10-K
8-K
Debt down, contracts shift
DLH Holdings slashed total debt to $131.6 million by fiscal year-end September 30, 2025, down $23.0 million from $154.6 million a year earlier, fully satisfying fiscal 2026 amortization payments through working capital discipline. While the Head Start contract wraps up October 31, 2025, after generating $28.4 million in revenue (10.7% of year-to-date total), the VA awarded DLH a $90 million sole-source IDIQ contract effective October 28, 2025, through April 2027, sustaining ~$28 million quarterly revenue from four CMOP locations. Debt reduction bolsters balance sheet flexibility amid contract transitions.
8-K
DLH Q3 revenue dips, debt shrinks
DLH Holdings Corp. reported fiscal Q3 2025 revenue of $83.3 million, down from $100.7 million last year due to small business transitions and program timing, yet trimmed debt by $9.4 million to $142.3 million through robust cash flow. Operating margin held at 4.5%, with EBITDA at $8.1 million or 9.7% of revenue, while backlog slipped to $555.3 million. Management eyes growth in cybersecurity and public health amid rising defense spending. Debt reduction accelerates.
10-Q
Q3 FY2025 results
DLH Holdings posted Q3 FY2025 revenue of $83.3M, down 17.3% y/y from $100.7M amid VA and DoD contract transitions to small businesses, yet operating income held at $3.8M (4.5% margin) versus $5.8M (5.7% margin) last year, buoyed by lower overhead. Diluted EPS dipped to $0.02 from $0.08, aligning with 14,450 diluted shares and net income of $0.3M; YTD figures show revenue at $263.3M (-12.1% y/y), operating income $14.5M (-21.7% y/y), and diluted EPS $0.16 versus $0.35. Cash from operations reached $12.5M YTD, free cash flow $12.3M (derived), with $0.2M cash and $15.1M revolver availability offsetting $142.3M debt at SOFR+4.1% maturing 2027; covenants remain compliant post-November amendment. Backlog shrank to $555.3M from $690.3M, signaling recompete pressures. Small business set-asides pose ongoing risks to prime positions.
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