Booz Allen raises fiscal 2027 EPS outlook on strong operational execution

Booz Allen Hamilton Holding Corporation (NYSE: BAH) reported second-quarter fiscal 2027 results on October 23, 2026, highlighting profitability that exceeded expectations due to strong operational execution. The company raised its fiscal 2027 guidance for adjusted diluted earnings per share to a range of $6.50 to $6.70, up from the prior range of $6.00 to $6.35. This adjustment reflects momentum in the National Security portfolio, while the Civil business performed in line with expectations.

Total revenue for the three months ended September 30, 2026, was $2.8 billion, a 3.9 percent decrease from the prior year period. Revenue excluding billable expenses stood at $2.0 billion, down 0.8 percent. Despite the revenue decline, net income rose 3.4 percent to $181 million, and adjusted net income increased 15.3 percent to $211 million. Adjusted diluted earnings per share climbed 18.1 percent to $1.76. Adjusted EBITDA decreased 3.4 percent to $313 million, yet the adjusted EBITDA margin on revenue improved by 10 basis points to 11.3 percent.

The company reported total capital deployment of $965 million and free cash flow of $263 million, compared to $395 million in the same quarter of the prior year. Booz Allen stated that total backlog increased 1.9 percent year-over-year to $41 billion, with a quarterly book-to-bill ratio of 1.5x and a trailing twelve-month book-to-bill ratio of 1.1x.

Chairman and CEO Horacio Rozanski stated that Booz Allen is executing exceptionally well and investing in its next phase of growth. He noted that the company is building and scaling cyber and defense tech products to deliver greater value and impact in critical missions.

A regular quarterly dividend of $0.59 per share is payable on December 4, 2026, to stockholders of record on November 12, 2026.