CACI Reports Q1 FY2027 Results, Delivers 2.0x Book-to-Bill and Raises Full-Year Guidance

Executive Summary

On October 21, 2026, CACI International Inc (NYSE: CACI) filed a Current Report on Form 8-K under Item 2.02 (Results of Operations and Financial Condition), announcing its financial results for the first quarter of fiscal year 2027 (ended September 30, 2026) and raising its full-year financial guidance.

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Key Financial Highlights (Q1 FY2027 vs. Q1 FY2026)

• Revenue: $2,474.6 million, up 8.2% YoY (including 2.1% organic growth), compared to $2,287.6 million in Q1 FY2026.
• Operating Income: $247.5 million, up 16.6% YoY compared to $212.3 million.
• Net Income & GAAP Diluted EPS: Net income of $130.4 million (+4.5% YoY); GAAP diluted EPS was $5.84, up 3.7% YoY from $5.63.
• Adjusted Net Income & Adjusted Diluted EPS: Adjusted net income reached $171.0 million (+12.7% YoY); adjusted diluted EPS was $7.66, an increase of 11.8% YoY from $6.85.
• EBITDA: $328.8 million (+22.4% YoY) with an EBITDA margin of 13.3%.
• Cash Flow: Free cash flow stood at $133.5 million versus $143.0 million in the prior-year period, primarily reflecting higher working capital requirements.

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Operational Metrics & Contract Bookings

• Contract Awards: Reached $4.8 billion, with approximately 61% representing new business.
• Book-to-Bill Ratio: Robust 2.0x for the quarter.
• Backlog: Total backlog was $34.0 billion; funded backlog expanded 14.8% YoY to $6.2 billion.
• Key Contract Wins:
  • $1.5 billion ceiling task order supporting U.S. Central Command (USCENTCOM) (recognized $1.2B in Q1).
  • $1.6 billion task order supporting U.S. Army Special Operations Command (USASOC) under SOFETOPS 2 (recognized $1.2B in Q1).
  • $281 million task order with NSWC Crane for next-generation electromagnetic warfare.

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FY 2027 Guidance Update

Management raised its FY2027 outlook for revenue, adjusted net income, and adjusted EPS while reaffirming free cash flow expectations:

Metric	Updated Guidance	Prior Guidance
Revenues	$10,700M – $10,900M	$10,650M – $10,850M
Adjusted Net Income	$740M – $760M	$735M – $755M
Adjusted Diluted EPS	$33.18 – $34.08	$32.96 – $33.86
Free Cash Flow	At least $900M	At least $900M
Diluted Wtd. Avg. Shares	22.3M	22.3M