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CACI International NYSE: CACI reported first-quarter fiscal 2027 revenue growth of 8.2% and raised its full-year revenue and earnings outlook, citing strong awards activity, expanding funded backlog and demand for its technology-focused national security offerings.

Revenue totaled $2.5 billion for the quarter, with organic growth of 2.1%, while adjusted diluted earnings per share increased 11.8% year over year to $7.66. EBITDA margin rose 160 basis points from the prior-year period to 13.3%, which Chief Financial Officer Jeff MacLauchlan attributed to program execution and a more favorable mix of higher-margin work.

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The company generated $133 million in free cash flow during the quarter. MacLauchlan said the first quarter typically includes higher cash outflows and reaffirmed CACI’s fiscal-year free-cash-flow outlook of at least $900 million.

Guidance Raised as Backlog Expands
CACI raised its fiscal 2027 revenue guidance by $50 million to a range of $10.7 billion to $10.9 billion. It also increased adjusted net income guidance by $5 million to between $740 million and $760 million, resulting in adjusted diluted EPS guidance of $33.18 to $34.08.

The company reaffirmed its expectation for EBITDA margin in the high 12% range. MacLauchlan said CACI expects stronger organic growth and EBITDA margins in the second half than in the first half, although the expected margin increase is now more gradual following the strong first-quarter performance.

First-quarter awards totaled $4.8 billion, producing a book-to-bill ratio of 2 times. Total backlog reached $34 billion, while funded backlog increased 15% from a year earlier. The quarter marked the seventh time in the past eight quarters that funded backlog grew at a double-digit year-over-year rate.

MacLauchlan said CACI now expects 94% of fiscal 2027 revenue to come from existing programs, compared with 83% cited in the prior quarter. Recompetes and new business are each expected to account for 3% of revenue. The company had $4.7 billion of bids under evaluation, approximately 85% of which were for new work, and expects to submit another $14.7 billion in bids over the next two quarters.

Technology Demand Supports Awards Activity
President and Chief Executive Officer John Mengucci said CACI’s strategy centers on serving enduring national security priorities, applying mission knowledge to customer needs, investing ahead of demand and delivering software-defined technology.

Among the quarter’s awards, Mengucci highlighted the Apollo contract, under which CACI will support U.S. Central Command intelligence and information warfare missions, and SOFETOPS 2, a five-year follow-on contract supporting the Army’s Special Operations Command.

The company also cited demand for electronic warfare and counter-unmanned aircraft systems. Its $500 million Domestic Shield award from JIATF-401 included an initial funded task order, while Mengucci said the company is seeing demand from U.S. and international customers for its BEAM manpackable counter-UAS systems. CACI’s SkyValor system is designed to provide detection at ranges of up to 75 kilometers, according to the company.

In space, CACI said its ARKA business was selected by satellite intelligence provider Vantor to supply optical imaging payloads for the Pulse satellite fleet. The company expects to complete Space Development Agency Tranche 1 deliveries later in the calendar year and begin Tranche 2 work. CACI was also one of three companies selected for Phase III of the Space Force’s Enterprise Space Terminal program.

Mengucci said modernization demand remains healthy for mission networks and digital applications, including customer priorities involving artificial intelligence, border security and financial accountability. He said CACI is using AI-based software and agile delivery practices on programs including BEAGLE, ITAS and NASA NCAPS.

Manufacturing, ARKA and Capital Deployment
CACI has opened a 61,000-square-foot manufacturing center of excellence for defense electronics in Rochester, New York. The facility expands capacity to develop, test, assemble and deliver products including TLS Manpack and BEAM systems. Mengucci said the company also plans to open manufacturing centers focused on space and integrated systems.

The company continues to reduce leverage following its ARKA acquisition. Pro forma leverage was 3.5 times at the end of the first quarter, and CACI now expects to return to leverage in the low 3-times range in the March 2027 quarter, two quarters earlier than previously expected.

MacLauchlan said ARKA continues to perform in line with CACI’s full-year expectations. Some space-program activity, however, is now expected to produce revenue beyond the first 12 months following the acquisition’s closing date. He said this timing shift is distinct from the $50 million increase in CACI’s overall revenue guidance.

Management said fixed-price work represented 33% of revenue, up from 27%, with about half of that increase attributable to ARKA and the remainder driven by organic fixed-price activity. Mengucci said the company remains selective about fixed-price contracts and focuses on work where technical risk is understood.

Fiscal-Year Change and Funding Environment
CACI plans to transition to a calendar fiscal year beginning Jan. 1, 2027. The company said it will provide guidance for the new fiscal year when it reports December-quarter results in February. It also plans to host an investor day in early 2027 at its Melbourne, Florida, facilities, where it expects to discuss strategy, reporting changes and new three-year financial targets.

Mengucci said a continuing resolution was in place through Dec. 11 but maintained that such funding measures historically have not had a material effect on CACI due to its backlog, longer-duration awards and critical customer programs. He said awards activity has improved, though decision-making remains sluggish in some areas.

“Our large and growing backlog, strong customer demand signals, and ability to deliver give us confidence in our outlook,” Mengucci said.

About CACI International (NYSE:CACI)CACI International Inc is a professional services and information technology company that provides mission-critical solutions to government customers, primarily in the United States. The company supports defense, intelligence, homeland security, and federal civilian agencies with expertise in areas such as enterprise IT, data analytics, artificial intelligence, cybersecurity, and software development.

CACI also delivers capabilities for command, control, communications, computers, intelligence, surveillance, and reconnaissance (C4ISR), electronic warfare, signals intelligence, and other national security missions.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to [email protected].

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For the quarter ended September 2026, CACI International (CACI - Free Report) reported revenue of $2.47 billion, up 8.2% over the same period last year. EPS came in at $7.66, compared to $6.85 in the year-ago quarter.

The reported revenue represents a surprise of -0.92% over the Zacks Consensus Estimate of $2.5 billion. With the consensus EPS estimate being $6.45, the EPS surprise was +18.76%.

While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they compare to Wall Street expectations to determine their next course of action, some key metrics always provide a better insight into a company's underlying performance.

Since these metrics play a crucial role in driving the top- and bottom-line numbers, comparing them with the year-ago numbers and what analysts estimated about them helps investors better project a stock's price performance.

Here is how CACI International performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts:

Total Revenue - Organic Growth (YOY): 2.1% versus the three-analyst average estimate of 1.9%.Revenues by Expertise or Technology- Expertise: $1.03 billion versus the two-analyst average estimate of $978.43 million. The reported number represents a year-over-year change of +3.9%.Revenues by Customer Group- Federal Civilian Agencies: $396.4 million versus the two-analyst average estimate of $427.55 million. The reported number represents a year-over-year change of -3.7%.Revenues by Customer Group- Department of Defense: $1.35 billion versus $1.3 billion estimated by two analysts on average. Compared to the year-ago quarter, this number represents a +14.8% change.Revenues by Expertise or Technology- Technology: $1.45 billion versus $1.53 billion estimated by two analysts on average. Compared to the year-ago quarter, this number represents a +11.4% change.View all Key Company Metrics for CACI International here>>>

Shares of CACI International have returned -0.9% over the past month versus the Zacks S&P 500 composite's +1% change. The stock currently has a Zacks Rank #2 (Buy), indicating that it could outperform the broader market in the near term.

Revenues of $2.5 billion, up 8.2% YoY

Net income of $130.4 million; Diluted EPS of $5.84, up 3.7% YoY

Adjusted net income of $171.0 million; Adjusted diluted EPS of $7.66, up 11.8% YoY

EBITDA of $328.8 million and EBITDA margin of 13.3%

Contract awards of $4.8 billion and book-to-bill of 2.0x

Raising fiscal year 2027 guidance for Revenue, Adjusted net income, and Adjusted EPS;
reaffirming guidance for other financial metrics

, /PRNewswire/ -- CACI International Inc (NYSE: CACI) announced results today for its fiscal first quarter ended September 30, 2026.

"Our first quarter results represent a strong start to fiscal year 2027, highlighted by revenue and EBITDA growth, strong EBITDA margin, and healthy free cash flow. We also delivered a 2.0x book-to-bill and another quarter of double-digit funded backlog growth. Our mission proximity, software-defined approach, ability to invest ahead of customer need, and superior execution continue to differentiate CACI and drive our performance," said John Mengucci, CACI President and Chief Executive Officer. "Based on our results, large and growing backlog, and healthy pipeline, we are raising our fiscal year 2027 revenue and earnings profit outlook while reaffirming guidance for other financial metrics. We remain confident in our ability to drive long-term growth in free cash flow per share and deliver exceptional value for our customers and shareholders."

First Quarter Results

Three months ended

(in millions, except earnings per share and DSO)

9/30/2026

9/30/2025

     % Change1     

Revenues

$     2,474.6

$     2,287.6

8.2 %

Income from operations

$        247.5

$        212.3

16.6 %

Net income

$        130.4

$        124.8

4.5 %

Adjusted net income, a non-GAAP measure2

$        171.0

$        151.7

12.7 %

Diluted earnings per share

$          5.84

$          5.63

3.7 %

Adjusted diluted earnings per share, a non-GAAP measure2

$          7.66

$          6.85

11.8 %

Earnings before interest, taxes, depreciation and amortization (EBITDA), a non-GAAP measure2

$        328.8

$        268.6

22.4 %

Net cash provided by operating activities excluding MARPA, a non-GAAP measure2

$        144.8

$        160.0

(9.5) %

Free cash flow, a non-GAAP measure2

$        133.5

$        143.0

(6.6) %

Days sales outstanding (DSO)3

59

56

(1)

Percentages are calculated using the underlying whole dollar amounts. Some percentages may vary slightly due to rounding.

(2)

This non-GAAP measure should not be considered in isolation or as a substitute for measures prepared in accordance with GAAP. For additional information

regarding this non-GAAP measure, see the related explanation and reconciliation to the GAAP measure included below in this release. 

(3)

The DSO calculations for three months ended September 30, 2026 and 2025 exclude the impact of the Company's Master Accounts Receivable Purchase Agreement

(MARPA), which was 7 days for both periods.

Revenues in the first quarter of fiscal year 2027 increased 8.2% year-over-year, including 2.1% organic growth. The increase in income from operations was driven by higher revenues and gross profit. Growth in diluted earnings per share and adjusted diluted earnings per share were driven by higher income from operations, partially offset by higher interest expense and a higher tax provision. The decrease in cash from operations, excluding MARPA, was driven primarily by higher working capital.

First Quarter Contract Awards
Contract awards in the first quarter totaled $4.8 billion, with approximately 61% for new business to CACI. Awards exclude ceiling values of multi-award, indefinite delivery, indefinite quantity contracts. Some notable awards during the quarter were:

CACI was awarded a one-year plus four option periods award to support U.S. Central Command (USCENTCOM) and its mission partners across a demanding and rapidly changing mission environment. The award has a ceiling of $1.5 billion, of which CACI recognized $1.2 billion of award and backlog value based on current requirements in the first quarter of fiscal year 2027. Through Apollo, CACI will help USCENTCOM make faster decisions and coordinate more effectively across commands and partners. The company's capabilities will enhance planning, analysis, information integration, and mission execution across the command's area of responsibility. CACI will help commanders turn information into actionable insight and operate with greater confidence in contested or denied territories, allowing warfighters to out-compete adversaries in the information environment.
CACI was awarded a five-year, $1.6 billion task order to continue to help the U.S. Army Special Operations Command (USASOC) stay ahead of emerging threats across every domain. CACI recognized $1.2 billion of award and backlog value based on current requirements in the first quarter of fiscal year 2027. Through the Special Operations Forces Emerging Threats, Operations, and Planning Support 2 (SOFETOPS 2) program, CACI will continue providing critical operational planning and support that strengthens USASOC's ability to act decisively and work seamlessly with its strategic partners wherever the mission requires.
CACI was awarded a five-year task order valued at up to $281 million by the U.S. Navy's Naval Surface Warfare Center (NSWC) Crane to support in strengthening and advancing next-generation electromagnetic warfare capabilities across the Department of War (DoW).
CACI was awarded a 12-month extension to provide information technology system development, sustainment, and modernization to a government customer.
CACI was awarded a five-year task order valued at up to $185 million to support the U.S. Army's Program Manager Expeditionary Energy and Sustainment Systems (PM E2S2). CACI will develop and integrate technologies that help soldiers sustain operations in contested and austere environments.
CACI was awarded a task order ceiling increase valued at up to $153 million to continue providing unmanned systems support to the U.S. Army Combat Capabilities Development Command (DEVCOM) – Command, Control, Communications, Computers, Cyber, Intelligence, Surveillance, and Reconnaissance (C5ISR) Center to enable warfighter rapid response to current and emerging threats.
CACI was awarded a five-year task order to modernize financial management systems for a federal customer.
CACI was awarded a three and a half-year contract to provide communications sustainment and modernization for a government customer.
CACI was awarded a four-year task order valued at up to $146 million to support the Naval Surface Warfare Center Carderock Division (NSWCCD) in advancing next-generation maritime capabilities for the U.S. Navy.
CACI was awarded a five-year contract to sustain and modernize financial management systems for a Department of War customer.

Total backlog as of September 30, 2026, was $34.0 billion compared with $33.9 billion a year ago, an increase of 0.3%. Funded backlog as of September 30, 2026, was $6.2 billion compared with $5.4 billion a year ago, an increase of 14.8%.

Additional Highlights

CACI was selected as one of 15 awardees to deliver technology that will defend U.S. interests against adversarial threats for the U.S. Space Force. Under the National Space Test and Training Complex (NSTTC) Innovative Technology & Engineering – Space Test and Range (NITE‑STAR) contract, CACI will deliver critical technology advancements that strengthen and modernize the test and training architectures required for realistic operations.
CACI officially opened the CACI Manufacturing Center of Excellence for Defense Electronics in the Greater Rochester, New York, area, marking the next chapter in the company's long-term investment in the region and continued transformation into a technology-first national security company. The additional 61,000-square-foot facility increases CACI's manufacturing space by more than 300% and will serve as a hub for the development, test, assembly, and delivery of advanced electronic warfare technologies that give U.S. forces a decisive advantage in contested environments.
CACI announced that Marcie Small has been appointed Executive Vice President and Chief Human Resources Officer. Small succeeds Angie Combs, who retired from the company after more than seven years of service. With more than 25 years of leadership experience in human capital management, Small has a proven track record of modernizing talent strategies, developing leaders, and building high-performing workforces.
CACI announced the launch of Good Dogs for Great Americans, the company's signature philanthropy program dedicated to helping veterans regain independence through specially trained service dogs. In partnership with the Washington Capitals and America's VetDogs, the program turns defense on the ice into life-changing support for those who defended our nation.

Fiscal Year 2027 Guidance
The table below summarizes our fiscal year 2027 guidance and represents our views as of October 21, 2026.

(in millions, except earnings per share)

Fiscal Year 2027

Current guidance

Prior guidance

Revenues

$10,700 - $10,900

$10,650 - $10,850

Adjusted net income, a non-GAAP measure1

$740 - $760

$735 - $755

Adjusted diluted earnings per share, a non-GAAP measure1

$33.18 - $34.08

$32.96 - $33.86

Diluted weighted average shares

22.3

22.3

Free cash flow, a non-GAAP measure2

At least $900

At least $900

(1)

Adjusted net income and adjusted diluted earnings per share are defined as GAAP net income and GAAP diluted EPS, respectively, excluding

intangible amortization expense and the related tax impact. This non-GAAP measure should not be considered in isolation or as a substitute for

measures prepared in accordance with GAAP. For additional information regarding this non-GAAP measure, see the related explanation and

reconciliation to the GAAP measure included below in this release.

(2)

Free cash flow is defined as net cash provided by operating activities excluding MARPA, less payments for capital expenditures. This non-GAAP

 measure should not be considered in isolation or as a substitute for measures prepared in accordance with GAAP.

Conference Call Information
We have scheduled a conference call for 8:00 a.m. Eastern time Thursday, October 22, 2026, during which members of our senior management will be making a brief presentation focusing on first quarter results and operating trends, followed by a question-and-answer session. You can listen to the webcast and view additional information provided in the accompanying slide exhibits on CACI's investor relations website at http://investor.caci.com/events/default.aspx at the scheduled time. A replay of the call will also be available on CACI's investor relations website at http://investor.caci.com/. 

About CACI
CACI International Inc (NYSE: CACI) is a technology-first national security company that expands the limits of national security through innovation, discipline, and operational excellence. We deliver advanced technologies that help our customers move faster, operate more efficiently, and anticipate and defeat evolving threats. Our 27,000 talented employees and strong culture drive our success and have earned CACI recognition as a Fortune World's Most Admired Company. CACI is a member of the Fortune 500™, the Russell 1000 Index, and the S&P MidCap 400 Index. For more information, visit caci.com.

There are statements made herein that do not address historical facts and, therefore, could be interpreted to be forward-looking statements as that term is defined in the Private Securities Litigation Reform Act of 1995. Such statements are subject to risk factors that could cause actual results to be materially different from anticipated results. These risk factors include, but are not limited to, the following: our reliance on U.S. government contracts, which includes general risk around the government contract procurement process (such as bid protest, small business set asides, loss of work due to organizational conflicts of interest, etc.) and termination risks; significant delays or reductions in appropriations for our programs and broader changes in U.S. government funding and spending patterns; legislation that amends or changes discretionary spending levels or budget priorities, such as for homeland security or to address global pandemics; legal, regulatory, and political change from successive presidential administrations that could result in economic uncertainty; changes in U.S. federal agencies, current agreements with other nations, foreign events, or any other events which may affect the global economy, including the impact of global pandemics; the results of government audits and reviews conducted by the Defense Contract Audit Agency, the Defense Contract Management Agency, or other governmental entities with cognizant oversight; competitive factors such as pricing pressures and/or competition to hire and retain employees (particularly those with security clearances); failure to achieve contract awards in connection with re-competes for present business and/or competition for new business; regional and national economic conditions in the United States and globally, including but not limited to: terrorist activities or war, changes in interest rates, currency fluctuations, significant fluctuations in the equity markets, and market speculation regarding our continued independence; our ability to meet contractual performance obligations, including technologically complex obligations dependent on factors not wholly within our control; limited access to certain facilities required for us to perform our work, including during a global pandemic; changes in tax law, the interpretation of associated rules and regulations, or any other events impacting our effective tax rate; changes in technology; the potential impact of the announcement or consummation of a proposed transaction and our ability to successfully integrate the operations of our recent and any future acquisitions; our ability to achieve the objectives of near term or long-term business plans; the effects of health epidemics, pandemics and similar outbreaks may have material adverse effects on our business, financial position, results of operations and/or cash flows; and other risks described in our Securities and Exchange Commission filings.

Corporate Communications and Media:  

Investor Relations:

Gino Bona, Executive Vice President, Corporate Communications          

George Price, Senior Vice President, Investor Relations

(571) 597-2787, [email protected]

(703) 841-7818, [email protected]

CACI International Inc

Consolidated Statements of Operations (Unaudited)

(in thousands, except per share data)

Three months ended

     9/30/2026     

     9/30/2025     

     % Change     

Revenues

$ 2,474,597

$ 2,287,623

8.2 %

Costs of revenues:

Direct costs

1,597,689

1,547,194

3.3

Indirect costs and selling expenses

550,113

473,856

16.1

Depreciation and amortization

79,267

54,298

46.0

Total costs of revenues

2,227,069

2,075,348

7.3

Income from operations

247,528

212,275

16.6

Interest expense and other, net

73,240

46,173

58.6

Income before income taxes

174,288

166,102

4.9

Income taxes

43,921

41,292

6.4

Net income

$   130,367

$   124,810

4.5 %

Basic earnings per share

$         5.90

$         5.67

4.1 %

Diluted earnings per share

$         5.84

$         5.63

3.7 %

Weighted-average basic shares outstanding

22,100

21,994

0.5 %

Weighted-average diluted shares outstanding               

22,316

22,166

0.7 %

CACI International Inc

 Consolidated Balance Sheets (Unaudited)

(in thousands)

     9/30/2026     

     6/30/2026     

ASSETS

Current assets:

Cash and cash equivalents

$      279,389

$      191,756

Accounts receivable, net

1,722,873

1,705,087

Prepaid expenses and other current assets

428,943

364,502

Total current assets

2,431,205

2,261,345

Goodwill

6,486,111

6,484,456

Intangible assets, net

2,018,764

2,072,991

Property, plant, and equipment, net

386,547

397,161

Operating lease right-of-use assets

390,617

381,980

Supplemental retirement savings plan assets

103,874

104,878

Other assets

130,417

116,833

Total assets

$  11,947,535

$  11,819,644

LIABILITIES AND SHAREHOLDERS' EQUITY

Current liabilities:

Current portion of long-term debt

$       46,750

$       46,750

Accounts payable

463,031

521,669

Accrued compensation and benefits

263,877

284,602

Other accrued expenses and current liabilities

732,931

670,911

Total current liabilities

1,506,589

1,523,932

Long-term debt, net of current portion

4,789,313

4,854,759

Supplemental retirement savings plan obligations, net of current portion          

118,734

119,233

Deferred income taxes

407,454

376,580

Operating lease liabilities

447,236

431,769

Other liabilities

51,518

50,674

Total liabilities

7,320,844

7,356,947

Total shareholders' equity

4,626,691

4,462,697

Total liabilities and shareholders' equity

$  11,947,535

$  11,819,644

CACI International Inc

Consolidated Statements of Cash Flows (Unaudited)

(in thousands)

Three months ended

     9/30/2026     

     9/30/2025     

CASH FLOWS FROM OPERATING ACTIVITIES

Net income

$      130,367

$      124,810

Adjustments to reconcile net income to net cash provided by operating activities:

Depreciation and amortization

79,267

54,298

Amortization of deferred financing costs

1,241

1,196

Stock-based compensation expense

21,711

14,691

Deferred income taxes

26,445

22,273

Other

3,077

—

Changes in operating assets and liabilities, net of effect of business acquisitions:

Accounts receivable, net

(17,797)

(15,967)

Prepaid expenses and other assets

(67,263)

(41,587)

Accounts payable and other accrued expenses

10,698

63,747

Accrued compensation and benefits

(20,346)

(41,443)

Income taxes

4,648

(11,456)

Operating lease liabilities, net

(9,725)

(1,418)

Long-term liabilities

(1,009)

1,921

Net cash provided by operating activities

161,314

171,065

CASH FLOWS FROM INVESTING ACTIVITIES

Capital expenditures

(11,359)

(17,014)

Acquisitions of businesses, net of cash acquired

5,000

15,800

Net cash used in investing activities

(6,359)

(1,214)

CASH FLOWS FROM FINANCING ACTIVITIES

Proceeds from borrowings

1,211,500

541,000

Principal payments on borrowings

(1,278,188)

(682,688)

Proceeds from employee stock purchase plans

4,031

3,796

Repurchases of common stock

(4,406)

(4,085)

Payment of taxes for equity transactions

(71)

(261)

Net cash used in financing activities

(67,134)

(142,238)

Effect of exchange rate changes on cash and cash equivalents

(188)

(774)

Net change in cash and cash equivalents

87,633

26,839

Cash and cash equivalents, beginning of period

191,756

106,181

Cash and cash equivalents, end of period

$      279,389

$      133,020

Revenues by Customer Type (Unaudited)

Three months ended

(in thousands)

9/30/2026

9/30/2025

$ Change

  % Change  

Department of War

$ 1,354,257

54.8 %

$ 1,179,626

51.5 %

$   174,631

14.8 %

Intelligence Community

611,977

24.7

596,429

26.1

15,548

2.6

Federal civilian agencies

396,398

16.0

411,730

18.0

(15,332)

(3.7)

Commercial and other

111,965

4.5

99,838

4.4

12,127

12.1

Total

$ 2,474,597

100.0 %

$ 2,287,623

100.0 %

$   186,974

8.2 %

Revenues by Contract Type (Unaudited)

Three months ended

(in thousands)

9/30/2026

9/30/2025

$ Change

  % Change  

Cost-plus-fee

$ 1,306,307

52.8 %

$ 1,382,630

60.5 %

$   (76,323)

(5.5) %

Fixed-price

821,826

33.2

611,493

26.7

210,333

34.4

Time-and-materials        

346,464

14.0

293,500

12.8

52,964

18.0

Total

$ 2,474,597

100.0 %

$ 2,287,623

100.0 %

$   186,974

8.2 %

Revenues by Prime or Subcontractor (Unaudited)

Three months ended

(in thousands)

9/30/2026

9/30/2025

$ Change

  % Change  

Prime Contractor            

$ 2,209,244

89.3 %

$ 2,076,899

90.8 %

$   132,345

6.4 %

Subcontractor

265,353

10.7

210,724

9.2

54,629

25.9

Total

$ 2,474,597

100.0 %

$ 2,287,623

100.0 %

$   186,974

8.2 %

Revenues by Technology or Expertise (Unaudited)

Three months ended

(in thousands)               

9/30/2026

9/30/2025

$ Change

  % Change  

Technology

$ 1,449,336

58.6 %

$ 1,300,732

56.9 %

$   148,604

11.4 %

Expertise

1,025,261

41.4

986,891

43.1

38,370

3.9

Total

$ 2,474,597

100.0 %

$ 2,287,623

100.0 %

$   186,974

8.2 %

Contract Awards (Unaudited)

Three months ended

(in thousands)

9/30/2026

9/30/2025

$ Change

  % Change  

Contract awards                            

$             4,828,329

$             4,998,684

$   (170,355)

(3.4) %

Note: Some percentages may vary slightly due to rounding.

Reconciliation of Net Income to Adjusted Net Income and Diluted EPS to Adjusted Diluted EPS (Unaudited)

Adjusted net income and adjusted diluted EPS are non-GAAP performance measures. We define adjusted net income and adjusted diluted EPS as GAAP net income and GAAP diluted EPS, respectively, excluding intangible amortization expense and the related tax impact as we do not consider intangible amortization expense to be indicative of our operating performance. We believe that these performance measures provide management and investors with useful information in assessing trends in our ongoing operating performance, provide greater visibility in understanding the long-term financial performance of the Company, and allow investors to more easily compare our results to results of our peers. These non-GAAP measures should not be considered in isolation or as a substitute for performance measures prepared in accordance with GAAP.

Three months ended

(in thousands, except per share data)                                        

9/30/2026

9/30/2025

% Change

Net income, as reported

$  130,367

$  124,810

4.5 %

Intangible amortization expense

54,313

36,033

50.7

Tax effect of intangible amortization1

(13,723)

(9,104)

50.7

Adjusted net income

$  170,957

$  151,739

12.7 %

Three months ended

9/30/2026

9/30/2025

% Change

Diluted EPS, as reported

$      5.84

$      5.63

3.7 %

Intangible amortization expense

2.43

1.63

49.1

Tax effect of intangible amortization1

(0.61)

(0.41)

48.8

Adjusted diluted EPS

$      7.66

$      6.85

11.8 %

FY27 guidance range

(in millions, except per share data)

Low end

High end

Net income

$       579

---

$       599

Intangible amortization expense

215

---

215

Tax effect of intangible amortization1

(54)

---

(54)

Adjusted net income

$       740

---

$       760

FY27 guidance range

Low end

High end

Diluted EPS

$     25.96

---

$     26.86

Intangible amortization expense

9.64

---

9.64

Tax effect of intangible amortization1

(2.42)

---

(2.42)

Adjusted diluted EPS

$     33.18

---

$     34.08

(1)      Calculation uses an assumed full year statutory tax rate of 25.3% on non-GAAP tax deductible adjustments for

           September 30, 2026 and 2025.

Note:  Numbers may not sum due to rounding.

Reconciliation of Net Income to Earnings Before Interest, Taxes, Depreciation and Amortization (EBITDA) (Unaudited)

The Company views EBITDA and EBITDA margin, both of which are defined as non-GAAP measures, as important indicators of performance, consistent with the manner in which management measures and forecasts the Company's performance. EBITDA is a commonly used non-GAAP measure when comparing our results with those of other companies. We define EBITDA as GAAP net income plus net interest expense, income taxes, and depreciation and amortization expense (including depreciation within direct costs). We consider EBITDA to be a useful metric for management and investors to evaluate and compare the ongoing operating performance of our business on a consistent basis across reporting periods, as it eliminates the effect of non-cash items such as depreciation of tangible assets and amortization of intangible assets primarily recognized in business combinations, which we do not believe are indicative of our operating performance. EBITDA margin is EBITDA divided by revenue. These non-GAAP measures should not be considered in isolation or as a substitute for performance measures prepared in accordance with GAAP.

Three months ended

(in thousands)

9/30/2026

9/30/2025

     % Change     

Net income, as reported

$                 130,367

$                 124,810

4.5 %

Plus:

Income taxes

43,921

41,292

6.4

Interest income and expense, net

73,240

46,173

58.6

Depreciation and amortization expense, including amounts within direct costs

81,300

56,338

44.3

EBITDA

$                 328,828

$                 268,613

22.4 %

Three months ended

(in thousands)

9/30/2026

9/30/2025

     % Change     

Revenues, as reported

$              2,474,597

$              2,287,623

8.2 %

EBITDA

328,828

268,613

22.4

EBITDA margin

13.3 %

11.7 %

Reconciliation of Net Cash Provided by Operating Activities to Net Cash Provided by Operating Activities Excluding MARPA and to Free Cash Flow (Unaudited)

The Company defines net cash provided by operating activities excluding MARPA, a non-GAAP measure, as net cash provided by operating activities calculated in accordance with GAAP, adjusted to exclude cash flows from CACI's MARPA for the sale of certain designated eligible U.S. government receivables up to a maximum amount of $350.0 million. Free cash flow is a non-GAAP liquidity measure and may not be comparable to similarly titled measures used by other companies. The Company defines free cash flow as net cash provided by operating activities excluding MARPA, less payments for capital expenditures. The Company uses these non-GAAP measures to assess our ability to generate cash from our business operations and plan for future operating and capital actions. We believe these measures allow investors to more easily compare current period results to prior period results and to results of our peers. Free cash flow does not represent residual cash flows available for discretionary purposes and should not be used as a substitute for cash flow measures prepared in accordance with GAAP.

Three months ended

(in thousands)

     9/30/2026     

     9/30/2025     

Net cash provided by operating activities, as reported

$   161,314

$   171,065

Cash provided by MARPA

(16,466)

(11,091)

Net cash provided by operating activities excluding MARPA                                                                                     

144,848

159,974

Capital expenditures

(11,359)

(17,014)

Free cash flow

$   133,489

$   142,960

FY27 guidance

(in millions)

Current

Prior

Net cash provided by operating activities

$     1,015

$     1,015

Cash provided by MARPA

—

—

Net cash provided by operating activities excluding MARPA

1,015

1,015

Capital expenditures

(115)

(115)

Free cash flow

$        900

$        900

SOURCE CACI International Inc

In its upcoming report, CACI International (CACI - Free Report) is predicted by Wall Street analysts to post quarterly earnings of $6.45 per share, reflecting a decline of 5.8% compared to the same period last year. Revenues are forecasted to be $2.5 billion, representing a year-over-year increase of 9.2%.

The consensus EPS estimate for the quarter has been revised 1.7% lower over the last 30 days to the current level. This reflects how the analysts covering the stock have collectively reevaluated their initial estimates during this timeframe.

Ahead of a company's earnings disclosure, it is crucial to give due consideration to changes in earnings estimates. These revisions serve as a noteworthy factor in predicting potential investor reactions to the stock. Numerous empirical studies consistently demonstrate a strong relationship between trends in earnings estimate revision and the short-term price performance of a stock.

While investors usually depend on consensus earnings and revenue estimates to assess the business performance for the quarter, delving into analysts' forecasts for certain key metrics often provides a more comprehensive understanding.

In light of this perspective, let's dive into the average estimates of certain CACI International metrics that are commonly tracked and forecasted by Wall Street analysts.

The combined assessment of analysts suggests that 'Revenues by Expertise or Technology- Expertise' will likely reach $978.43 million. The estimate suggests a change of -0.9% year over year.

Analysts expect 'Revenues by Customer Group- Federal Civilian Agencies' to come in at $427.55 million. The estimate indicates a year-over-year change of +3.8%.

According to the collective judgment of analysts, 'Revenues by Customer Group- Department of Defense' should come in at $1.30 billion. The estimate indicates a change of +10.3% from the prior-year quarter.

The consensus among analysts is that 'Revenues by Expertise or Technology- Technology' will reach $1.53 billion. The estimate indicates a year-over-year change of +17.3%.

Analysts' assessment points toward 'Total Revenue - Organic Growth (YOY)' reaching 1.9%. Compared to the present estimate, the company reported 5.5% in the same quarter last year.

View all Key Company Metrics for CACI International here>>>

Shares of CACI International have experienced a change of -3.7% in the past month compared to the +2.4% move of the Zacks S&P 500 composite. With a Zacks Rank #2 (Buy), CACI is expected to outperform the overall market in the near future. You can see the complete list of today's Zacks Rank #1 (Strong Buy) stocks here >>>> .

Taking full advantage of the stock market and investing with confidence are common goals for new and old investors, and Zacks Premium offers many different ways to do both.

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What are the Zacks Style Scores? Developed alongside the Zacks Rank, the Zacks Style Scores are a group of complementary indicators that help investors pick stocks with the best chances of beating the market over the next 30 days.

Each stock is given an alphabetic rating of A, B, C, D or F based on their value, growth, and momentum qualities. With this system, an A is better than a B, a B is better than a C, and so on, meaning the better the score, the better chance the stock will outperform.

The Style Scores are broken down into four categories:

Value ScoreValue investors love finding good stocks at good prices, especially before the broader market catches on to a stock's true value. Utilizing ratios like P/E, PEG, Price/Sales, Price/Cash Flow, and many other multiples, the Value Style Score identifies the most attractive and most discounted stocks.

Growth ScoreWhile good value is important, growth investors are more focused on a company's financial strength and health, and its future outlook. The Growth Style Score takes projected and historic earnings, sales, and cash flow into account to uncover stocks that will see long-term, sustainable growth.

Momentum ScoreMomentum investors, who live by the saying "the trend is your friend," are most interested in taking advantage of upward or downward trends in a stock's price or earnings outlook. Utilizing one-week price change and the monthly percentage change in earnings estimates, among other factors, the Momentum Style Score can help determine favorable times to buy high-momentum stocks.

VGM ScoreIf you want a combination of all three Style Scores, then the VGM Score will be your friend. It rates each stock on their combined weighted styles, helping you find the companies with the most attractive value, best growth forecast, and most promising momentum. It's also one of the best indicators to use with the Zacks Rank.

How Style Scores Work with the Zacks Rank The Zacks Rank, which is a proprietary stock-rating model, employs earnings estimate revisions, or changes to a company's earnings expectations, to make building a winning portfolio easier.

#1 (Strong Buy) stocks have produced an unmatched +23.86% average annual return since 1988, which is more than double the S&P 500's performance over the same time frame. However, the Zacks Rank examines a ton of stocks, and there can be more than 200 companies with a Strong Buy rank, and another 600 with a #2 (Buy) rank, on any given day.

With more than 800 top-rated stocks to choose from, it can certainly feel overwhelming to pick the ones that are right for you and your investing journey.

That's where the Style Scores come in.

To maximize your returns, you want to buy stocks with the highest probability of success. This means picking stocks with a Zacks Rank #1 or #2 that also have Style Scores of A or B. If you find yourself looking at stocks with a #3 (Hold) rank, make sure they have Scores of A or B as well to ensure as much upside potential as possible.

The direction of a stock's earnings estimate revisions should always be a key factor when choosing which stocks to buy, since the Scores were created to work together with the Zacks Rank.

Here's an example: a stock with a #4 (Sell) or #5 (Strong Sell) rating, even one with Style Scores of A and B, still has a downward-trending earnings outlook, and a bigger chance its share price will decrease too.

Thus, the more stocks you own with a #1 or #2 Rank and Scores of A or B, the better.

Stock to Watch: CACI International (CACI - Free Report) Based in Reston, VA, CACI International delivers IT applications and infrastructure to improve communications and secure the integrity of information systems and networks, enhance data collection and analysis, and increase efficiency and mission effectiveness. The company’s solutions enrich defense and intelligence capabilities, assure homeland security, improve decision-making, and help customers operate smartly and proficiently.

CACI is a #2 (Buy) on the Zacks Rank, with a VGM Score of B.

It also boasts a Value Style Score of B thanks to attractive valuation metrics like a forward P/E ratio of 18.91; value investors should take notice.

For fiscal 2027, two analysts revised their earnings estimate upwards in the last 60 days, and the Zacks Consensus Estimate has increased $0.58 to $32.24 per share. CACI boasts an average earnings surprise of +11.2%.

With a solid Zacks Rank and top-tier Value and VGM Style Scores, CACI should be on investors' short list.

It doesn't matter your age or experience: taking full advantage of the stock market and investing with confidence are common goals for all investors. Luckily, Zacks Premium offers several different ways to do both.

Featuring daily updates of the Zacks Rank and Zacks Industry Rank, full access to the Zacks #1 Rank List, Equity Research reports, and Premium stock screens, the research service can help you become a smarter, more self-assured investor.

Zacks Premium includes access to the Zacks Style Scores as well.

What are the Zacks Style Scores? Developed alongside the Zacks Rank, the Zacks Style Scores are a group of complementary indicators that help investors pick stocks with the best chances of beating the market over the next 30 days.

Each stock is assigned a rating of A, B, C, D, or F based on their value, growth, and momentum characteristics. Just like in school, an A is better than a B, a B is better than a C, and so on -- that means the better the score, the better chance the stock will outperform.

The Style Scores are broken down into four categories:

Value ScoreFor value investors, it's all about finding good stocks at good prices, and discovering which companies are trading under their true value before the broader market catches on. The Value Style Score utilizes ratios like P/E, PEG, Price/Sales, Price/Cash Flow, and a host of other multiples to help pick out the most attractive and discounted stocks.

Growth ScoreWhile good value is important, growth investors are more focused on a company's financial strength and health, and its future outlook. The Growth Style Score takes projected and historic earnings, sales, and cash flow into account to uncover stocks that will see long-term, sustainable growth.

Momentum ScoreMomentum investors, who live by the saying "the trend is your friend," are most interested in taking advantage of upward or downward trends in a stock's price or earnings outlook. Utilizing one-week price change and the monthly percentage change in earnings estimates, among other factors, the Momentum Style Score can help determine favorable times to buy high-momentum stocks.

VGM ScoreWhat if you like to use all three types of investing? The VGM Score is a combination of all Style Scores, making it one of the most comprehensive indicators to use with the Zacks Rank. It rates each stock on their combined weighted styles, which helps narrow down the companies with the most attractive value, best growth forecast, and most promising momentum.

How Style Scores Work with the Zacks Rank The Zacks Rank, which is a proprietary stock-rating model, employs earnings estimate revisions, or changes to a company's earnings expectations, to make building a winning portfolio easier.

Investors can count on the Zacks Rank's success, with #1 (Strong Buy) stocks producing an unmatched +23.8% average annual return since 1988, more than double the S&P 500's performance. But the model rates a large number of stocks, and there are over 200 companies with a Strong Buy rank, plus another 600 with a #2 (Buy) rank, on any given day.

This totals more than 800 top-rated stocks, and it can be overwhelming to try and pick the best stocks for you and your portfolio.

That's where the Style Scores come in.

You want to make sure you're buying stocks with the highest likelihood of success, and to do that, you'll need to pick stocks with a Zacks Rank #1 or #2 that also have Style Scores of A or B. If you like a stock that only has a #3 (Hold) rank, it should also have Scores of A or B to guarantee as much upside potential as possible.

The direction of a stock's earnings estimate revisions should always be a key factor when choosing which stocks to buy, since the Scores were created to work together with the Zacks Rank.

Here's an example: a stock with a #4 (Sell) or #5 (Strong Sell) rating, even one with Style Scores of A and B, still has a downward-trending earnings outlook, and a bigger chance its share price will decrease too.

Thus, the more stocks you own with a #1 or #2 Rank and Scores of A or B, the better.

Stock to Watch: CACI International (CACI - Free Report) Based in Reston, VA, CACI International delivers IT applications and infrastructure to improve communications and secure the integrity of information systems and networks, enhance data collection and analysis, and increase efficiency and mission effectiveness. The company’s solutions enrich defense and intelligence capabilities, assure homeland security, improve decision-making, and help customers operate smartly and proficiently.

CACI is a #3 (Hold) on the Zacks Rank, with a VGM Score of A.

It also boasts a Value Style Score of B thanks to attractive valuation metrics like a forward P/E ratio of 19.14; value investors should take notice.

Six analysts revised their earnings estimate upwards in the last 60 days for fiscal 2027. The Zacks Consensus Estimate has increased $1.82 to $32.31 per share. CACI boasts an average earnings surprise of +11.2%.

With a solid Zacks Rank and top-tier Value and VGM Style Scores, CACI should be on investors' short list.

For new and old investors, taking full advantage of the stock market and investing with confidence are common goals. Zacks Premium provides lots of different ways to do both.

The research service features daily updates of the Zacks Rank and Zacks Industry Rank, full access to the Zacks #1 Rank List, Equity Research reports, and Premium stock screens, all of which will help you become a smarter, more confident investor.

Zacks Premium includes access to the Zacks Style Scores as well.

What are the Zacks Style Scores? Developed alongside the Zacks Rank, the Zacks Style Scores are a group of complementary indicators that help investors pick stocks with the best chances of beating the market over the next 30 days.

Based on their value, growth, and momentum characteristics, each stock is assigned a rating of A, B, C, D, or F. The better the score, the better chance the stock will outperform; an A is better than a B, a B is better than a C, and so on.

The Style Scores are broken down into four categories:

Value ScoreFinding good stocks at good prices, and discovering which companies are trading under their true value, are what value investors like to focus on. So, the Value Style Score takes into account ratios like P/E, PEG, Price/Sales, Price/Cash Flow, and a host of other multiples to highlight the most attractive and discounted stocks.

Growth ScoreWhile good value is important, growth investors are more focused on a company's financial strength and health, and its future outlook. The Growth Style Score takes projected and historic earnings, sales, and cash flow into account to uncover stocks that will see long-term, sustainable growth.

Momentum ScoreMomentum investors, who live by the saying "the trend is your friend," are most interested in taking advantage of upward or downward trends in a stock's price or earnings outlook. Utilizing one-week price change and the monthly percentage change in earnings estimates, among other factors, the Momentum Style Score can help determine favorable times to buy high-momentum stocks.

VGM ScoreIf you like to use all three kinds of investing, then the VGM Score is for you. It's a combination of all Style Scores, and is an important indicator to use with the Zacks Rank. The VGM Score rates each stock on their shared weighted styles, narrowing down the companies with the most attractive value, best growth forecast, and most promising momentum.

How Style Scores Work with the Zacks Rank A proprietary stock-rating model, the Zacks Rank utilizes the power of earnings estimate revisions, or changes to a company's earnings outlook, to help investors create a successful portfolio.

Investors can count on the Zacks Rank's success, with #1 (Strong Buy) stocks producing an unmatched +23.8% average annual return since 1988, more than double the S&P 500's performance. But the model rates a large number of stocks, and there are over 200 companies with a Strong Buy rank, plus another 600 with a #2 (Buy) rank, on any given day.

But it can feel overwhelming to pick the right stocks for you and your investing goals with over 800 top-rated stocks to choose from.

That's where the Style Scores come in.

You want to make sure you're buying stocks with the highest likelihood of success, and to do that, you'll need to pick stocks with a Zacks Rank #1 or #2 that also have Style Scores of A or B. If you like a stock that only has a #3 (Hold) rank, it should also have Scores of A or B to guarantee as much upside potential as possible.

Since the Scores were created to work together with the Zacks Rank, the direction of a stock's earnings estimate revisions should be a key factor when choosing which stocks to buy.

Here's an example: a stock with a #4 (Sell) or #5 (Strong Sell) rating, even one with Style Scores of A and B, still has a downward-trending earnings outlook, and a bigger chance its share price will decrease too.

Thus, the more stocks you own with a #1 or #2 Rank and Scores of A or B, the better.

Stock to Watch: CACI International (CACI - Free Report) Based in Reston, VA, CACI International delivers IT applications and infrastructure to improve communications and secure the integrity of information systems and networks, enhance data collection and analysis, and increase efficiency and mission effectiveness. The company’s solutions enrich defense and intelligence capabilities, assure homeland security, improve decision-making, and help customers operate smartly and proficiently.

CACI is a #3 (Hold) on the Zacks Rank, with a VGM Score of A.

Momentum investors should take note of this Computer and Technology stock. CACI has a Momentum Style Score of A, and shares are up 0.2% over the past four weeks.

For fiscal 2027, six analysts revised their earnings estimate upwards in the last 60 days, and the Zacks Consensus Estimate has increased $1.82 to $32.31 per share. CACI boasts an average earnings surprise of +11.2%.

With a solid Zacks Rank and top-tier Momentum and VGM Style Scores, CACI should be on investors' short list.

The Zacks Computer - Services industry participants continue to face broader macroeconomic challenges, including cautious client spending, particularly on consulting, advisory and project-based services. Companies with substantial public-sector exposure face risks from lengthy procurement processes, changing government priorities and delayed contract awards. The rapid expansion of AI-related services is creating additional investment requirements. However, industry players like CACI International (CACI - Free Report) and PDF Solutions (PDFS - Free Report) are riding on the ongoing artificial intelligence (AI)-led digital transformation, which is increasing the demand for cloud-enabled software solutions, unified data platforms and real-time analytics. Accelerating enterprise adoption of generative and agentic AI is creating significant consulting, implementation, data-management and managed-services opportunities, which bodes well for industry players.

Industry Description The Zacks Computer - Services industry primarily comprises companies that offer integrated data-driven platforms and AI-enabled decision systems. Their offerings include consulting and research solutions, cybersecurity solutions, business support solutions and systems engineering, as well as software application development solutions. The industry participants cater to varied end markets and customers, including intelligence, defense, U.S. government agencies, communications, banking, financial services, insurance, healthcare, and media and entertainment. Consultancy companies in the industry are helping clients in their ongoing digital transformation. They provide end-to-end services, including application development, integration and maintenance, technology infrastructure management and business process services.

3 Computer-Services Industry Trends to Watch AI is driving Structural Changes to the industry: The industry is going through structural changes driven by the increasing deployment of AI. Enterprises are leveraging AI to make data-driven decisions that target Return on Investment (ROI)-led digitization. The explosion of data and rising supply chain complexities as businesses become globally interconnected is driving demand for AI and machine learning-based solutions.

Growing Cyber Attacks Are Creating a Tailwind: The increasing number of cyberattacks and related security risks are expected to keep the industry’s momentum alive. Government agencies are ideal targets for cyberattacks, as they are entrusted with sensitive information. Therefore, the growing need for cybersecurity solutions and services in critical areas like defense, intelligence and civilian agencies of the U.S. government bodes well for industry players.

Regulatory Compliance Drives Demand: Companies in this industry are likely to benefit from increasingly complex network systems and sensitive information environments in which governments and businesses operate. Industry participants are keeping pace with global regulatory and business practice requirements, thereby helping customers incorporate the best practices while complying with governmental and industry norms.

Zacks Industry Rank Indicates Dull Prospects The Zacks Computer – Services industry is housed within the broader Zacks Computer and Technology sector. It currently carries a Zacks Industry Rank #187, which places it in the bottom 24% of more than 247 Zacks industries.

The group’s Zacks Industry Rank, which is the average of the Zacks Rank of all the member stocks, indicates dim near-term prospects. Our research shows that the top 50% of the Zacks-ranked industries outperform the bottom 50% by a factor of more than two to one.

The industry’s position in the bottom 50% of the Zacks-ranked industries is the result of a negative earnings outlook for the constituent companies in aggregate. Looking at the aggregate earnings estimate revisions, it appears that analysts are pessimistic about this group’s earnings growth potential. Since Jan. 31, 2026, the Zacks Consensus Estimate for the industry’s 2026 earnings has moved south by 0.4%.

Given the bearish industry outlook, there are only a few stocks worth watching currently. But before we present those stocks that you may want to consider for your portfolio, let’s take a look at the industry’s recent stock market performance and valuation.

Industry Lags Sector and S&P 500 The Zacks Computer – Services industry has underperformed the broader Zacks Computer and Technology sector and the S&P 500 Index over the past year.

The industry has dropped 3.6% over this period compared with the S&P 500’s appreciation of 15.2% and the broader sector’s return of 21.8%.

One-Year Price Performance

Industry's Current Valuation On the basis of forward 12-month price/earnings (P/E), which is a commonly used multiple for valuing computer services stocks, we see that the industry is currently trading at 13.62X compared with the S&P 500’s 19.78X and the sector’s 20.87X.

Over the last five years, the industry has traded as high as 19.57X and as low as 12.39X, with a median of 16.89X, as the charts below show.

Forward 12-Month Price-to-Earnings (P/E) Ratio

2 Computer-Services Stocks to Watch Right Now PDF Solutions: This Zacks Rank #2 (Buy) company provides data solutions that help enterprises across semiconductor and electronics ecosystems to improve the yield and quality of their products and operational efficiency. You can see the complete list of today’s Zacks #1 Rank stocks here.

PDF Solutions is well positioned to benefit from increasing semiconductor investment tied to the build-out of AI data centers and the growing use of AI in semiconductor manufacturing and engineering. The company highlighted strong demand across secureWISE, DirectScan, Exensio and Cimetrix, with bookings from hyperscalers, photonics companies and equipment customers helping expand backlog. Expansion of DirectScan into mature process nodes and memory, alongside wider adoption of secureWISE for AI-driven collaboration and data transmission, should broaden PDFS’ addressable market over the longer term.

The Zacks Consensus Estimate for PDFS’ 2026 earnings is pegged at $1.30 per share, up 5.7% over the past 60 days, indicating 38.3% growth from the figure reported in 2025. PDF Solutions stock has appreciated 96.5% in a year.

Price and Consensus: PDFS

CACI International: This Zacks Rank #3 (Hold) company provides solutions to enrich defense and intelligence capabilities, assure homeland security, improve decision-making, and help customers operate smartly and proficiently.

CACI’s prospects remain supported by strong demand across national security, space, electronic warfare and digital modernization programs. The company expects fiscal 2027 revenues of $10.65-$10.85 billion, representing growth of 11.3-13.4%, including roughly $500 million of acquired revenues. Visibility is supported by more than $32 billion of backlog, with funded backlog rising 29% year over year, while nearly $11 billion of bids were under evaluation. CACI is also benefiting from growing adoption of AI across its software-development lifecycle, which is helping reduce development time, improve quality and enhance program profitability.

The Zacks Consensus Estimate for CACI’s fiscal 2027 earnings has increased 3.3% to $32.31 per share over the past 60 days. The stock has surged 24.9% in the trailing 12-month period.

Price and Consensus: CACI
 

, /PRNewswire/ -- CACI International Inc (NYSE: CACI) announced today that it has received a one-year plus four option periods award to support U.S. Central Command (USCENTCOM) and its mission partners across a demanding and rapidly changing mission environment. The award has a ceiling of $1.5 billion. CACI expects to book $1.2 billion of the total awarded value.             

"CENTCOM operates in one of the world's most challenging regions, where intelligence must move quickly from insight to action," said John Mengucci, CACI President and Chief Executive Officer. "CACI brings the knowledge and advanced capabilities to help U.S. and partner forces act with speed, clarity, and confidence in support of our national security interests."

Through Apollo, CACI will help USCENTCOM make faster decisions and coordinate more effectively across commands and partners. The company's capabilities will enhance planning, analysis, information integration, and mission execution across the command's area of responsibility. CACI will help commanders turn information into actionable insight and operate with greater confidence in contested or denied territories, allowing warfighters to out-compete adversaries in the information environment.

The award builds on CACI's experience with irregular warfare missions across geographic and functional combatant commands. Under this award, CACI will apply that experience to strengthen USCENTCOM's planning, coordination, and operational readiness for its most critical mission requirements.

About CACI
CACI International Inc (NYSE: CACI) is a technology-first national security company that expands the limits of national security through innovation, discipline, and operational excellence. We deliver advanced technologies that help our customers move faster, operate more efficiently, and anticipate and defeat evolving threats. Our 27,000 talented employees and strong culture drive our success and have earned CACI recognition as a Fortune World's Most Admired Company. CACI is a member of the Fortune 500™, the Russell 1000 Index, and the S&P MidCap 400 Index. For more information, visit caci.com.

Corporate Communications and Media:                         

Investor Relations:

Gino Bona                                                                     

George Price

Executive Vice President, Corporate Communications

Senior Vice President, Investor Relations

(571) 597-2787, [email protected]                         

(703) 841-7818, [email protected]

SOURCE CACI International Inc

Thomson Reuters (NASDAQ:TRI – Get Free Report) and CACI International (NYSE:CACI – Get Free Report) are both large-cap industrials companies, but which is the superior stock? We will contrast the two businesses based on the strength of their analyst recommendations, dividends, institutional ownership, profitability, risk, valuation and earnings.

Valuation & Earnings This table compares Thomson Reuters and CACI International”s revenue, earnings per share (EPS) and valuation.

Gross Revenue Price/Sales Ratio Net Income Earnings Per Share Price/Earnings Ratio Thomson Reuters $7.83 billion 5.39 $1.50 billion $3.76 25.79 CACI International $9.57 billion 1.40 $535.81 million $24.15 25.11 Thomson Reuters has higher earnings, but lower revenue than CACI International. CACI International is trading at a lower price-to-earnings ratio than Thomson Reuters, indicating that it is currently the more affordable of the two stocks. Analyst Ratings This is a breakdown of recent recommendations and price targets for Thomson Reuters and CACI International, as provided by MarketBeat.

Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score Thomson Reuters 0 6 10 1 2.71 CACI International 0 4 8 0 2.67 Thomson Reuters currently has a consensus target price of $131.57, indicating a potential upside of 35.66%. CACI International has a consensus target price of $697.55, indicating a potential upside of 15.03%. Given Thomson Reuters’ stronger consensus rating and higher probable upside, research analysts clearly believe Thomson Reuters is more favorable than CACI International.

Profitability This table compares Thomson Reuters and CACI International’s net margins, return on equity and return on assets.

Net Margins Return on Equity Return on Assets Thomson Reuters 21.22% 15.82% 10.27% CACI International 5.60% 15.65% 6.45% Institutional and Insider Ownership 17.3% of Thomson Reuters shares are owned by institutional investors. Comparatively, 86.4% of CACI International shares are owned by institutional investors. 1.1% of CACI International shares are owned by insiders. Strong institutional ownership is an indication that large money managers, endowments and hedge funds believe a company will outperform the market over the long term.

Volatility and Risk Thomson Reuters has a beta of 0.74, suggesting that its share price is 26% less volatile than the S&P 500. Comparatively, CACI International has a beta of 0.57, suggesting that its share price is 43% less volatile than the S&P 500.

Summary Thomson Reuters beats CACI International on 11 of the 15 factors compared between the two stocks.

(Get Free Report)

Thomson Reuters Corporation provides business information services in the Americas, Europe, the Middle East, Africa, and the Asia Pacific. It operates in five segments: Legal Professionals, Corporates, Tax & Accounting Professionals, Reuters News, and Global Print. The Legal Professionals segment offers research and workflow products focusing on legal research and integrated legal workflow solutions that combine content, tools, and analytics to law firms and governments. The Corporates segment provides a suite of content-enabled technology solutions for legal, tax, regulatory, compliance, and IT professionals. The Tax & Accounting Professionals segment offers research and workflow products focusing on tax offerings and automating tax workflows to tax, accounting, and audit professionals in accounting firms. The Reuters News segment provides business, financial, and international news to media organizations, professional, and news consumers through news agency and industry events. The Global Print segment offers legal and tax information primarily in print format to legal and tax professionals, governments, law schools, and corporations. The company was formerly known as The Thomson Corporation and changed its name to Thomson Reuters Corporation in April 2008. The company was founded in 1851 and is headquartered in Toronto, Canada. Thomson Reuters Corporation is a subsidiary of The Woodbridge Company Limited.

About CACI International (Get Free Report)

CACI International Inc, through its subsidiaries, engages in the provision of expertise and technology to enterprise and mission customers in support of national security in the intelligence, defense, and federal civilian sectors. The company operates through two segments, Domestic Operations and International Operations. The Domestic Operations segment offers digital solutions by modernizing enterprise and agency-unique applications, enterprise infrastructure, and business processes; C4ISR solutions, including command, control, communications, and computer (C4), as well as intelligence, surveillance, and reconnaissance (ISR) technology and networks; and cyber solutions for cybersecurity, cyberspace, electronic warfare, and signals intelligence operations. This segment also provides space solutions, comprising intelligence fusion, data analytic, and decision support, as well as logistics solutions; engineering services, such as platform integration, modernization and sustainment, system engineering, naval architecture, training and simulation, and logistics engineering; design, implement, protect, and manage secure enterprise IT solutions for federal agencies; and mission support solutions, that include analytic services, as well as scenario-based instruction across the spectrum of intelligence processing, collection, and products. The International Operations segment provides a range of IT services, proprietary data, and software products to the commercial and government customers in the United Kingdom, continental Europe, and internationally. The company was founded in 1962 and is headquartered in Reston, Virginia.

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The Style Scores are broken down into four categories:

Value ScoreFinding good stocks at good prices, and discovering which companies are trading under their true value, are what value investors like to focus on. So, the Value Style Score takes into account ratios like P/E, PEG, Price/Sales, Price/Cash Flow, and a host of other multiples to highlight the most attractive and discounted stocks.

Growth ScoreWhile good value is important, growth investors are more focused on a company's financial strength and health, and its future outlook. The Growth Style Score takes projected and historic earnings, sales, and cash flow into account to uncover stocks that will see long-term, sustainable growth.

Momentum ScoreMomentum trading is all about taking advantage of upward or downward trends in a stock's price or earnings outlook, and these investors live by the saying "the trend is your friend." The Momentum Style Score can pinpoint good times to build a position in a stock, using factors like one-week price change and the monthly percentage change in earnings estimates.

VGM ScoreIf you want a combination of all three Style Scores, then the VGM Score will be your friend. It rates each stock on their combined weighted styles, helping you find the companies with the most attractive value, best growth forecast, and most promising momentum. It's also one of the best indicators to use with the Zacks Rank.

How Style Scores Work with the Zacks Rank The Zacks Rank, which is a proprietary stock-rating model, employs earnings estimate revisions, or changes to a company's earnings expectations, to make building a winning portfolio easier.

It's highly successful, with #1 (Strong Buy) stocks producing an unmatched +23.8% average annual return since 1988. That's more than double the S&P 500. But because of the large number of stocks we rate, there are over 200 companies with a Strong Buy rank, plus another 600 with a #2 (Buy) rank, on any given day.

But it can feel overwhelming to pick the right stocks for you and your investing goals with over 800 top-rated stocks to choose from.

That's where the Style Scores come in.

To have the best chance of big returns, you'll want to always consider stocks with a Zacks Rank #1 or #2 that also have Style Scores of A or B, which will give you the highest probability of success. If you're looking at stocks with a #3 (Hold) rank, it's important they have Scores of A or B as well to ensure as much upside potential as possible.

The direction of a stock's earnings estimate revisions should always be a key factor when choosing which stocks to buy, since the Scores were created to work together with the Zacks Rank.

A stock with a #4 (Sell) or #5 (Strong Sell) rating, for instance, even one with Scores of A and B, will still have a declining earnings forecast, and a greater chance its share price will fall too.

Thus, the more stocks you own with a #1 or #2 Rank and Scores of A or B, the better.

Stock to Watch: CACI International (CACI - Free Report) Based in Reston, VA, CACI International delivers IT applications and infrastructure to improve communications and secure the integrity of information systems and networks, enhance data collection and analysis, and increase efficiency and mission effectiveness. The company’s solutions enrich defense and intelligence capabilities, assure homeland security, improve decision-making, and help customers operate smartly and proficiently.

CACI is a #2 (Buy) on the Zacks Rank, with a VGM Score of A.

Additionally, the company could be a top pick for growth investors. CACI has a Growth Style Score of B, forecasting year-over-year earnings growth of 8.3% for the current fiscal year.

Six analysts revised their earnings estimate upwards in the last 60 days for fiscal 2027. The Zacks Consensus Estimate has increased $1.01 to $32.31 per share. CACI boasts an average earnings surprise of +11.2%.

With a solid Zacks Rank and top-tier Growth and VGM Style Scores, CACI should be on investors' short list.

Taking full advantage of the stock market and investing with confidence are common goals for new and old investors, and Zacks Premium offers many different ways to do both.

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What are the Zacks Style Scores? The Zacks Style Scores is a unique set of guidelines that rates stocks based on three popular investing types, and were developed as complementary indicators for the Zacks Rank. This combination helps investors choose securities with the highest chances of beating the market over the next 30 days.

Each stock is assigned a rating of A, B, C, D, or F based on their value, growth, and momentum characteristics. Just like in school, an A is better than a B, a B is better than a C, and so on -- that means the better the score, the better chance the stock will outperform.

The Style Scores are broken down into four categories:

Value ScoreFinding good stocks at good prices, and discovering which companies are trading under their true value, are what value investors like to focus on. So, the Value Style Score takes into account ratios like P/E, PEG, Price/Sales, Price/Cash Flow, and a host of other multiples to highlight the most attractive and discounted stocks.

Growth ScoreGrowth investors, on the other hand, are more concerned with a company's financial strength and health, and its future outlook. The Growth Style Score examines things like projected and historic earnings, sales, and cash flow to find stocks that will experience sustainable growth over time.

Momentum ScoreMomentum trading is all about taking advantage of upward or downward trends in a stock's price or earnings outlook, and these investors live by the saying "the trend is your friend." The Momentum Style Score can pinpoint good times to build a position in a stock, using factors like one-week price change and the monthly percentage change in earnings estimates.

VGM ScoreWhat if you like to use all three types of investing? The VGM Score is a combination of all Style Scores, making it one of the most comprehensive indicators to use with the Zacks Rank. It rates each stock on their combined weighted styles, which helps narrow down the companies with the most attractive value, best growth forecast, and most promising momentum.

How Style Scores Work with the Zacks Rank A proprietary stock-rating model, the Zacks Rank utilizes the power of earnings estimate revisions, or changes to a company's earnings outlook, to help investors create a successful portfolio.

Investors can count on the Zacks Rank's success, with #1 (Strong Buy) stocks producing an unmatched +23.8% average annual return since 1988, more than double the S&P 500's performance. But the model rates a large number of stocks, and there are over 200 companies with a Strong Buy rank, plus another 600 with a #2 (Buy) rank, on any given day.

But it can feel overwhelming to pick the right stocks for you and your investing goals with over 800 top-rated stocks to choose from.

That's where the Style Scores come in.

To maximize your returns, you want to buy stocks with the highest probability of success. This means picking stocks with a Zacks Rank #1 or #2 that also have Style Scores of A or B. If you find yourself looking at stocks with a #3 (Hold) rank, make sure they have Scores of A or B as well to ensure as much upside potential as possible.

The direction of a stock's earnings estimate revisions should always be a key factor when choosing which stocks to buy, since the Scores were created to work together with the Zacks Rank.

For instance, a stock with a #4 (Sell) or #5 (Strong Sell) rating, even one that boasts Scores of A and B, still has a downward-trending earnings forecast, and a much greater likelihood its share price will decline as well.

Thus, the more stocks you own with a #1 or #2 Rank and Scores of A or B, the better.

Stock to Watch: CACI International (CACI - Free Report) Based in Reston, VA, CACI International delivers IT applications and infrastructure to improve communications and secure the integrity of information systems and networks, enhance data collection and analysis, and increase efficiency and mission effectiveness. The company’s solutions enrich defense and intelligence capabilities, assure homeland security, improve decision-making, and help customers operate smartly and proficiently.

CACI is a #3 (Hold) on the Zacks Rank, with a VGM Score of A.

Momentum investors should take note of this Computer and Technology stock. CACI has a Momentum Style Score of B, and shares are up 28.1% over the past four weeks.

Five analysts revised their earnings estimate higher in the last 60 days for fiscal 2027, while the Zacks Consensus Estimate has increased $0.46 to $31.76 per share. CACI also boasts an average earnings surprise of +11.2%.

With a solid Zacks Rank and top-tier Momentum and VGM Style Scores, CACI should be on investors' short list.

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Here at Zacks, we offer our members many different opportunities to take full advantage of the stock market, as well as how to invest in ways that lead to long-term success.

One of our most popular services, Zacks Premium offers daily updates of the Zacks Rank and Zacks Industry Rank; full access to the Zacks #1 Rank List; Equity Research reports; and Premium stock screens like the Earnings ESP filter. All are useful tools to find what stocks to buy, what to sell, and what are today's hottest industries.

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Focus List MethodologyWhen stocks are picked for the Focus List, it reflects our enduring reliance on the power of earnings estimate revisions.

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Harnessing the power of earnings estimate revisions is where the Zacks Rank comes in. The Zacks Rank is a unique, proprietary stock-rating model that utilizes changes to a company's quarterly earnings expectations to help investors build a winning portfolio.

Four primary factors make up the Zacks Rank: Agreement, Magnitude, Upside, and Surprise. Each is given a raw score that's recalculated every night and compiled into the Rank, and with this data, stocks are then classified into five groups, ranging from "Strong Buy" to "Strong Sell."

The Focus List is comprised of stocks hand-picked from a long list of #1 (Strong Buy) or #2 (Buy) ranked companies, meaning that each new addition boasts a bullish earnings consensus among analysts.

Since stock prices respond to revisions, it can be very profitable to buy stocks with rising earnings estimates. By buying Focus List stocks, then, you're likely getting into companies whose future earnings estimates will be raised, potentially leading to price momentum.

Focus List Spotlight: CACI International (CACI - Free Report) Based in Reston, VA, CACI International delivers IT applications and infrastructure to improve communications and secure the integrity of information systems and networks, enhance data collection and analysis, and increase efficiency and mission effectiveness. The company’s solutions enrich defense and intelligence capabilities, assure homeland security, improve decision-making, and help customers operate smartly and proficiently.

CACI, a #3 (Hold) stock, was added to the Focus List on December 2, 2015 at $103.31 per share. Since then, shares have increased 549.06% to $670.54.

For fiscal 2027, four analysts revised their earnings estimate upwards in the last 60 days, and the Zacks Consensus Estimate has increased $0.21 to $31.51. CACI boasts an average earnings surprise of 11.2%.

Additionally, CACI's earnings are expected to grow 5.6% for the current fiscal year.

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For new and old investors, taking full advantage of the stock market and investing with confidence are common goals. Zacks Premium provides lots of different ways to do both.

The research service features daily updates of the Zacks Rank and Zacks Industry Rank, full access to the Zacks #1 Rank List, Equity Research reports, and Premium stock screens, all of which will help you become a smarter, more confident investor.

Zacks Premium also includes the Zacks Style Scores.

What are the Zacks Style Scores? The Zacks Style Scores is a unique set of guidelines that rates stocks based on three popular investing types, and were developed as complementary indicators for the Zacks Rank. This combination helps investors choose securities with the highest chances of beating the market over the next 30 days.

Each stock is assigned a rating of A, B, C, D, or F based on their value, growth, and momentum characteristics. Just like in school, an A is better than a B, a B is better than a C, and so on -- that means the better the score, the better chance the stock will outperform.

The Style Scores are broken down into four categories:

Value ScoreFor value investors, it's all about finding good stocks at good prices, and discovering which companies are trading under their true value before the broader market catches on. The Value Style Score utilizes ratios like P/E, PEG, Price/Sales, Price/Cash Flow, and a host of other multiples to help pick out the most attractive and discounted stocks.

Growth ScoreGrowth investors, on the other hand, are more concerned with a company's financial strength and health, and its future outlook. The Growth Style Score examines things like projected and historic earnings, sales, and cash flow to find stocks that will experience sustainable growth over time.

Momentum ScoreMomentum traders and investors live by the saying "the trend is your friend." This investing style is all about taking advantage of upward or downward trends in a stock's price or earnings outlook. Employing factors like one-week price change and the monthly percentage change in earnings estimates, the Momentum Style Score can indicate favorable times to build a position in high-momentum stocks.

VGM ScoreIf you want a combination of all three Style Scores, then the VGM Score will be your friend. It rates each stock on their combined weighted styles, helping you find the companies with the most attractive value, best growth forecast, and most promising momentum. It's also one of the best indicators to use with the Zacks Rank.

How Style Scores Work with the Zacks Rank The Zacks Rank, which is a proprietary stock-rating model, employs earnings estimate revisions, or changes to a company's earnings expectations, to make building a winning portfolio easier.

It's highly successful, with #1 (Strong Buy) stocks producing an unmatched +23.94% average annual return since 1988. That's more than double the S&P 500. But because of the large number of stocks we rate, there are over 200 companies with a Strong Buy rank, plus another 600 with a #2 (Buy) rank, on any given day.

With more than 800 top-rated stocks to choose from, it can certainly feel overwhelming to pick the ones that are right for you and your investing journey.

That's where the Style Scores come in.

To maximize your returns, you want to buy stocks with the highest probability of success. This means picking stocks with a Zacks Rank #1 or #2 that also have Style Scores of A or B. If you find yourself looking at stocks with a #3 (Hold) rank, make sure they have Scores of A or B as well to ensure as much upside potential as possible.

Since the Scores were created to work together with the Zacks Rank, the direction of a stock's earnings estimate revisions should be a key factor when choosing which stocks to buy.

Here's an example: a stock with a #4 (Sell) or #5 (Strong Sell) rating, even one with Style Scores of A and B, still has a downward-trending earnings outlook, and a bigger chance its share price will decrease too.

Thus, the more stocks you own with a #1 or #2 Rank and Scores of A or B, the better.

Stock to Watch: CACI International (CACI - Free Report) Based in Reston, VA, CACI International delivers IT applications and infrastructure to improve communications and secure the integrity of information systems and networks, enhance data collection and analysis, and increase efficiency and mission effectiveness. The company’s solutions enrich defense and intelligence capabilities, assure homeland security, improve decision-making, and help customers operate smartly and proficiently.

CACI is a #3 (Hold) on the Zacks Rank, with a VGM Score of A.

Additionally, the company could be a top pick for growth investors. CACI has a Growth Style Score of A, forecasting year-over-year earnings growth of 5.6% for the current fiscal year.

Four analysts revised their earnings estimate higher in the last 60 days for fiscal 2027, while the Zacks Consensus Estimate has increased $0.42 to $31.51 per share. CACI also boasts an average earnings surprise of +11.2%.

With a solid Zacks Rank and top-tier Growth and VGM Style Scores, CACI should be on investors' short list.

CACI International NYSE: CACI reported record revenue, EBITDA margin and free cash flow for its fiscal 2026 fourth quarter and full year, while issuing fiscal 2027 guidance that calls for continued double-digit revenue growth and at least $900 million in free cash flow.

For fiscal 2026, the national security technology company generated $9.6 billion in revenue, up 10.9% from the prior year, including 7.2% organic growth. EBITDA margin rose 110 basis points to 12.3%, while adjusted diluted earnings per share increased 12.7% to $29.83. Free cash flow totaled $735 million, and the company said free cash flow per share rose 68%.

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Fourth-quarter revenue was $2.7 billion, an increase of 17.6% year over year, including 11.6% organic growth. Quarterly EBITDA margin reached 13%, up 150 basis points from a year earlier. The company said a gain from a minor divestiture in its U.K. business added about 30 basis points to fourth-quarter margin. Adjusted diluted EPS was $8.91, up 6.1%, and quarterly free cash flow was $233 million.

Fiscal 2027 Outlook CACI forecast fiscal 2027 revenue of $10.65 billion to $10.85 billion, representing growth of 11.3% to 13.4%, including about $500 million of acquired revenue. The company expects EBITDA margin in the high 12% range, adjusted diluted EPS of $32.96 to $33.86, and free cash flow of at least $900 million.

Chief Financial Officer Jeff MacLauchlan said the free-cash-flow outlook includes a delayed $40 million tax refund and a $115 million cash benefit related to changes in the Section 174 research-and-development tax credit. CACI expects free cash flow per share to grow about 22% in fiscal 2027 and expects adjusted net income conversion of at least 100% for a second consecutive year.

MacLauchlan said organic growth is expected to be stronger in the second half of fiscal 2027 than in the first half, with first-quarter organic growth anticipated to be in the low single digits. He also described the company’s historical revenue cadence as approximately 45% in the first half and 55% in the second half, while cash flow has tended to be more heavily weighted toward the second half.

Technology Programs and Market Demand President and Chief Executive Officer John Mengucci said the company’s growth strategy centers on software-defined technologies for national security missions, supported by its operational workforce and investments made ahead of customer demand.

In electronic warfare, Mengucci said CACI’s Spectral program reached Milestone C and is moving into low-rate initial production, with deployment expected to begin in the second half of fiscal 2027. The company’s SkyValor counter-unmanned aircraft system was selected for southern-border homeland-defense work, and CACI recently received a separate $500 million Domestic Shield award.

Mengucci said the company sees growing demand for counter-UAS systems and described the market as a long-term growth opportunity. He said CACI has received export approval for most or all of its systems and has delivered variations of those systems to 17 countries.

In space, CACI completed the integration of ARKA, which it acquired to combine sensing and AI-enabled analytics with CACI’s existing technology and customer presence. Mengucci said the combined business recently received an award supporting the U.S. Space Force against adversarial threats, its first award leveraging both legacy CACI and ARKA capabilities. The company also cited a classified counterspace win, progress to Phase 3 of the Space Force’s Enterprise Space Terminal program, and technology supporting NASA’s Artemis II mission.

The company also highlighted technology modernization programs for U.S. Transportation Command, the Office of Personnel Management, the U.S. Air Force, the U.S. Army and the Defense Intelligence Agency. CACI said it is using AI across software development to reduce development time, improve quality and increase delivered capability.

Backlog, Awards and Capital Structure CACI recorded more than $10 billion in fiscal 2026 contract awards, representing a book-to-bill ratio of 1.1 times. The weighted average duration of those awards was nearly six years. Total backlog exceeded $32 billion, up 2% year over year, while funded backlog increased 29%.

MacLauchlan said approximately 83% of fiscal 2027 revenue is expected to come from existing programs, with recompetes accounting for 9% and new business accounting for 8%. The company had nearly $11 billion in bids under evaluation at year-end, about 75% of which represented new business, and expects to submit another $22 billion in bids over the following two quarters.

Management said nontraditional procurement methods, including other transaction authorities, commercial solutions openings and commercial acquisitions, are becoming more prevalent. Mengucci said CACI’s fiscal 2026 OTA award value was more than double the combined value of fiscal 2024 and fiscal 2025. He said smaller OTA awards can move more quickly into larger production programs, making traditional award metrics less directly comparable over time.

Following the ARKA acquisition, CACI ended the quarter with pro forma leverage of 3.7 times, down by half a turn during the quarter. The company now expects leverage to return to the low-3-times range by June 2027, one quarter earlier than previously projected.

Progress Against Long-Term Targets Management said the fiscal 2027 outlook puts CACI on track to meet or exceed the three-year financial goals it established at its November 2024 investor day. The company now expects to generate at least $2.1 billion of free cash flow over the three-year period, compared with its prior $1.6 billion target. It also expects three-year EBITDA margin of 11.9% to 12%, above its prior mid-11% target.

Mengucci said CACI’s emphasis on operational support will remain part of its model even as the company expands its technology portfolio. He said more than 1,400 employees are embedded across combatant commands globally, providing mission insight that helps inform technology investments and product development.

About CACI International (NYSE:CACI)CACI International Inc is a leading provider of information solutions and services to the U.S. federal government, with a primary focus on defense, intelligence, homeland security and federal civilian agencies. The company delivers advanced technology and domain expertise to support mission-critical operations, offering capabilities in areas such as data analytics, cyber security, network integration, enterprise IT modernization and logistics support. By integrating software, hardware and professional services, CACI helps clients enhance situational awareness, improve decision making and maintain critical infrastructure resilience.

Founded in 1962 and headquartered in Arlington, Virginia, CACI has evolved from a small consulting operation into a global enterprise.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to [email protected].

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Should You Invest $1,000 in CACI International Right Now?Before you consider CACI International, you'll want to hear this.

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CACI International Inc (CACI) Q4 2026 Earnings Call Transcript

CACI International (CACI - Free Report) came out with quarterly earnings of $8.91 per share, beating the Zacks Consensus Estimate of $7.26 per share. This compares to earnings of $8.4 per share a year ago. These figures are adjusted for non-recurring items.

This quarterly report represents an earnings surprise of +22.73%. A quarter ago, it was expected that this defense contractor would post earnings of $6.9 per share when it actually produced earnings of $7.27, delivering a surprise of +5.36%.

Over the last four quarters, the company has surpassed consensus EPS estimates four times.

CACI International, which belongs to the Zacks Computer - Services industry, posted revenues of $2.71 billion for the quarter ended June 2026, surpassing the Zacks Consensus Estimate by 0.36%. This compares to year-ago revenues of $2.3 billion. The company has topped consensus revenue estimates three times over the last four quarters.

The sustainability of the stock's immediate price movement based on the recently-released numbers and future earnings expectations will mostly depend on management's commentary on the earnings call.

CACI International shares have lost about 1.6% since the beginning of the year versus the S&P 500's gain of 13%.

What's Next for CACI International?While CACI International has underperformed the market so far this year, the question that comes to investors' minds is: what's next for the stock?

There are no easy answers to this key question, but one reliable measure that can help investors address this is the company's earnings outlook. Not only does this include current consensus earnings expectations for the coming quarter(s), but also how these expectations have changed lately.

Empirical research shows a strong correlation between near-term stock movements and trends in earnings estimate revisions. Investors can track such revisions by themselves or rely on a tried-and-tested rating tool like the Zacks Rank, which has an impressive track record of harnessing the power of earnings estimate revisions.

Ahead of this earnings release, the estimate revisions trend for CACI International was mixed. While the magnitude and direction of estimate revisions could change following the company's just-released earnings report, the current status translates into a Zacks Rank #3 (Hold) for the stock. So, the shares are expected to perform in line with the market in the near future. You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here.

It will be interesting to see how estimates for the coming quarters and the current fiscal year change in the days ahead. The current consensus EPS estimate is $7.26 on $2.54 billion in revenues for the coming quarter and $30.49 on $10.57 billion in revenues for the current fiscal year.

Investors should be mindful of the fact that the outlook for the industry can have a material impact on the performance of the stock as well. In terms of the Zacks Industry Rank, Computer - Services is currently in the top 45% of the 250 plus Zacks industries. Our research shows that the top 50% of the Zacks-ranked industries outperform the bottom 50% by a factor of more than 2 to 1.

Another stock from the same industry, PDF Solutions (PDFS - Free Report) , has yet to report results for the quarter ended June 2026. The results are expected to be released on August 6.

This provider of software and services for semiconductor makers is expected to post quarterly earnings of $0.26 per share in its upcoming report, which represents a year-over-year change of +36.8%. The consensus EPS estimate for the quarter has remained unchanged over the last 30 days.

PDF Solutions' revenues are expected to be $61 million, up 17.9% from the year-ago quarter.

RESTON, Va.--(BUSINESS WIRE)-- #LimitlessPotential--CACI International Inc (NYSE: CACI) announced results today for its fiscal fourth quarter and full year ended June 30, 2026, and issued guidance for fiscal year 2027. “CACI's outstanding fiscal year 2026 performance demonstrates the power of our differentiated strategy, our relentless focus on execution, and underscores the technology-first national security company we have become. In a challenging environment, we grew free cash flow by 66%, delivered high-single d.

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Stock to Watch: CACI International (CACI - Free Report) Based in Reston, VA, CACI International delivers IT applications and infrastructure to improve communications and secure the integrity of information systems and networks, enhance data collection and analysis, and increase efficiency and mission effectiveness. The company’s solutions enrich defense and intelligence capabilities, assure homeland security, improve decision-making, and help customers operate smartly and proficiently.

CACI is a #3 (Hold) on the Zacks Rank, with a VGM Score of B.

It also boasts a Value Style Score of B thanks to attractive valuation metrics like a forward P/E ratio of 16.81; value investors should take notice.

One analyst revised their earnings estimate higher in the last 60 days for fiscal 2026, while the Zacks Consensus Estimate has increased $0.07 to $28.03 per share. CACI also boasts an average earnings surprise of +12.6%.

With a solid Zacks Rank and top-tier Value and VGM Style Scores, CACI should be on investors' short list.

RESTON, Va., Aug. 3, 2026 /PRNewswire/ -- CACI International Inc (NYSE: CACI) announced today that Marcie Small has been appointed Executive Vice President and Chief Human Resources Officer.

Posted by Defense World Staff on Jul 22nd, 2026

Bank of New York Mellon Corp lowered its holdings in shares of CACI International, Inc. (NYSE:CACI – Free Report) by 1.9% in the 1st quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 169,966 shares of the information technology services provider’s stock after selling 3,380 shares during the quarter. Bank of New York Mellon Corp owned approximately 0.77% of CACI International worth $92,440,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Jones Financial Companies Lllp increased its holdings in CACI International by 344.7% during the first quarter. Jones Financial Companies Lllp now owns 885 shares of the information technology services provider’s stock valued at $325,000 after buying an additional 686 shares during the last quarter. EverSource Wealth Advisors LLC increased its stake in shares of CACI International by 595.2% in the 2nd quarter. EverSource Wealth Advisors LLC now owns 146 shares of the information technology services provider’s stock worth $70,000 after purchasing an additional 125 shares in the last quarter. Baird Financial Group Inc. raised its holdings in CACI International by 3.7% in the 2nd quarter. Baird Financial Group Inc. now owns 4,416 shares of the information technology services provider’s stock worth $2,105,000 after purchasing an additional 157 shares during the period. Jump Financial LLC bought a new position in CACI International in the 2nd quarter worth $423,000. Finally, Ameriprise Financial Inc. lifted its position in CACI International by 22.5% during the second quarter. Ameriprise Financial Inc. now owns 298,615 shares of the information technology services provider’s stock valued at $142,346,000 after purchasing an additional 54,905 shares in the last quarter. Hedge funds and other institutional investors own 86.43% of the company’s stock.

CACI International Stock Performance NYSE:CACI opened at $440.93 on Wednesday. The company has a current ratio of 1.61, a quick ratio of 1.61 and a debt-to-equity ratio of 1.20. CACI International, Inc. has a 12-month low of $434.70 and a 12-month high of $683.50. The stock has a 50-day moving average price of $491.74 and a 200 day moving average price of $547.87. The stock has a market capitalization of $9.74 billion, a P/E ratio of 18.19, a P/E/G ratio of 1.37 and a beta of 0.54.

CACI International (NYSE:CACI – Get Free Report) last issued its earnings results on Wednesday, April 22nd. The information technology services provider reported $7.27 earnings per share (EPS) for the quarter, beating the consensus estimate of $7.09 by $0.18. CACI International had a return on equity of 15.90% and a net margin of 5.86%.The company had revenue of $2.35 billion for the quarter, compared to the consensus estimate of $2.36 billion. During the same quarter last year, the company earned $6.23 EPS. The firm’s quarterly revenue was up 8.5% on a year-over-year basis. Equities research analysts forecast that CACI International, Inc. will post 28.13 EPS for the current fiscal year.

Analysts Set New Price Targets CACI has been the topic of several recent research reports. Jefferies Financial Group decreased their price objective on CACI International from $550.00 to $510.00 and set a “hold” rating on the stock in a research note on Wednesday, July 1st. Wells Fargo & Company started coverage on CACI International in a research note on Wednesday, April 1st. They set an “overweight” rating and a $275.00 price objective for the company. Weiss Ratings lowered shares of CACI International from a “buy (b-)” rating to a “hold (c+)” rating in a report on Tuesday, May 19th. TD Cowen decreased their target price on shares of CACI International from $625.00 to $550.00 and set a “buy” rating on the stock in a research note on Tuesday, July 7th. Finally, JPMorgan Chase & Co. dropped their price target on shares of CACI International from $700.00 to $645.00 and set an “overweight” rating for the company in a research report on Monday, June 15th. One investment analyst has rated the stock with a Strong Buy rating, seven have issued a Buy rating and five have given a Hold rating to the stock. Based on data from MarketBeat, the company currently has an average rating of “Moderate Buy” and an average target price of $609.09.

Check Out Our Latest Stock Analysis on CACI

CACI International Company Profile (Free Report)

CACI International Inc is a leading provider of information solutions and services to the U.S. federal government, with a primary focus on defense, intelligence, homeland security and federal civilian agencies. The company delivers advanced technology and domain expertise to support mission-critical operations, offering capabilities in areas such as data analytics, cyber security, network integration, enterprise IT modernization and logistics support. By integrating software, hardware and professional services, CACI helps clients enhance situational awareness, improve decision making and maintain critical infrastructure resilience.

Founded in 1962 and headquartered in Arlington, Virginia, CACI has evolved from a small consulting operation into a global enterprise.

Further Reading Five stocks we like better than CACI International Confidence Is Back, But Earnings Show the Consumer Is Being Picky AeroVironment’s Stock Is Down, But Drone Demand Is Taking Off 3M’s Redemption Arc: Can Q2 Earnings Change the Narrative? 3 Photonics Companies Making Quantum Tech Possible Want to see what other hedge funds are holding CACI? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for CACI International, Inc. (NYSE:CACI – Free Report).

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RESTON, Va.--(BUSINESS WIRE)--CACI International Inc (NYSE: CACI) announced today that it has been awarded a five-year technology contract valued at up to $113 million by the U.S. Navy’s Military Sealift Command (MSC) to continue modernizing a portfolio of mission-critical business applications used by both ashore personnel and MSC’s global fleet.

“The Military Sealift Command plays a vital role in sustaining U.S. and allied operations around the world, and CACI is proud to continue supporting that mission,” said John Mengucci, CACI President and Chief Executive Officer. “Our team is delivering secure, resilient technology that modernizes critical business systems, strengthens operational readiness, and helps MSC respond faster to operational demands. This award reinforces CACI's role as a trusted technology partner to the Department of War and our commitment to advancing the capabilities our customers depend on.”

MSC operates approximately 140 civilian-crewed ships that replenish Navy ships, conduct specialized missions, strategically preposition combat cargo at sea around the world and move military cargo and supplies used by deployed U.S. forces and coalition partners.

Under this contract, CACI delivers program management, engineering, software development, cloud and cybersecurity capabilities, ensuring resilient, secure, and scalable technology for MSC’s government‑owned vessels and associated command sites. By integrating artificial intelligence, advanced analytics, and intelligent automation across ashore and afloat environments, CACI is streamlining operations, reducing downtime, and delivering faster, data‑driven decision support that enhances readiness for MSC’s worldwide fleet.

About CACI

CACI International Inc (NYSE: CACI) is a technology-first national security company with 27,000 talented employees. We expand the limits of national security through innovation, discipline, and operational excellence. We ensure our customers’ success by delivering technologies to accelerate innovation, drive speed and efficiency, and rapidly anticipate and eliminate threats. Our culture drives our success and earns us recognition as a Fortune World's Most Admired Company. We are members of the Fortune 500™, the Russell 1000 Index, and the S&P MidCap 400 Index. For more information, visit us at caci.com.

There are statements made herein which do not address historical facts and therefore could be interpreted to be forward-looking statements as that term is defined in the Private Securities Litigation Reform Act of 1995. Such statements are subject to factors that could cause actual results to differ materially from anticipated results. The factors that could cause actual results to differ materially from those anticipated include, but are not limited to, the risk factors set forth in CACI’s Annual Report on Form 10-K for the fiscal year ended June 30, 2025, and other such filings that CACI makes with the Securities and Exchange Commission from time to time. Any forward-looking statements should not be unduly relied upon and only speak as of the date hereof.

CACI-Contract Award-Business Wire

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RESTON, Va.--(BUSINESS WIRE)-- #LimitlessPotential--CACI International Inc (NYSE: CACI) will release its financial results for the fourth quarter and full fiscal year (FY) 2026 after the market closes on Wednesday, August 5, 2026. CACI will also issue detailed FY 2027 guidance. The company will host a conference call the next morning, on Thursday, August 6 at 8:00 a.m. Eastern time, during which CACI's executive leaders will discuss the results and guidance, followed by a question-and-answer session. You can listen.

Investors in CACI International Inc (CACI - Free Report) need to pay close attention to the stock based on moves in the options market lately. That is because the Sept 18, 2026 $400.00 Call had some of the highest implied volatility of all equity options today.

What is Implied Volatility?Implied volatility shows how much movement the market is expecting in the future. Options with high levels of implied volatility suggest that investors in the underlying stocks are expecting a big move in one direction or the other. It could also mean there is an event coming up soon that may cause a big rally or a huge sell off. However, implied volatility is only one piece of the puzzle when putting together an options trading strategy.

What do the Analysts Think?Clearly, options traders are pricing in a big move for CACI International share, but what is the fundamental picture for the company? Currently, CACI International is a Zacks Rank #3 (Hold) in the Computer - Services Industry that ranks in the Top 23% of our Zacks Industry Rank. Over the last 60 days, one analyst has increased his estimate for the current quarter, while none have revised their estimates downward. The net effect has taken our Zacks Consensus Estimate for the current quarter to move from $7.32 per share to $7.34 per share in the same time period.

Given the way analysts feel about CACI International right now, this huge implied volatility could mean there’s a trade developing. Often times, options traders look for options with high levels of implied volatility to sell premium. This is a strategy many seasoned traders use because it captures decay. At expiration, the hope for these traders is that the underlying stock does not move as much as originally expected.