Sep 2026 (Q2 FY27) — Oct 23, 2026
Booz Allen Hamilton Q2 FY27 — Strong Profitability and Strategic Growth in National Security
Read the full callBooz Allen Hamilton earnings: last reported Fri, 23 Oct 2026, for the quarter ended Sep 2026.
Reported
Each figure keeps its basis and period; nothing is filled in.
| Metric | Value | Change | Basis | Period | Note |
|---|---|---|---|---|---|
| Revenue | 2,778 | −3.9% YoY | Quarterly, as filed | Quarter to Sep 2026 | Revenue from operations as filed. |
| Operating margin | 8.8 | −1.0 pts YoY | Operating profit / revenue | Quarter to Sep 2026 | For the quarter; a change is in percentage points. |
| Net profit | 181 | +3.4% YoY | Quarterly, as filed | Quarter to Sep 2026 | Profit after tax as filed. |
Guidance
6 of 9 judged targets kept · 20 open · verdicts reflect calls analysed to Sep 2026.
| Target | Original wording | Said | Latest call | Verdict |
|---|---|---|---|---|
| Civil revenue | sequential double-digit decline | Jun 2026 | Our Civil business declined 15% year-over-year, slightly better than we guided to last quarter. | Achieved |
| Adjusted EBITDA | $1.24 billion to $1.29 billion | Mar 2026 | We're raising the bottom end of our prior adjusted EBITDA guidance to now a revised range of $1.26 billion to $1.29 billion. | Revised Up |
| Adjusted EBITDA margin | about 11% | Mar 2026 | This implies a step down in margins in the second half, in line with typical second half seasonality and timing of investment spending. | On Track |
3 of Booz Allen Hamilton Holding Corp's 29 targets were missed. See which ones, and which are quietly gone. The 3 above are the free sample; 26 more targets are in the full ledger.
Claimed
Qualified
Price
1Y: $98.74 on 22 Oct 2025 → $78.32. High $102.23 (23 Jan 2026), low $59.71 (25 Jun 2026).
Overview
Guidance
6 of 9 judged targets kept · 20 open · verdicts reflect calls analysed to Sep 2026.
| Target | Original wording | Said | Latest call | Verdict |
|---|---|---|---|---|
| Civil revenue | sequential double-digit decline | Jun 2026 | Our Civil business declined 15% year-over-year, slightly better than we guided to last quarter. | Achieved |
| Adjusted EBITDA | $1.24 billion to $1.29 billion | Mar 2026 | We're raising the bottom end of our prior adjusted EBITDA guidance to now a revised range of $1.26 billion to $1.29 billion. | Revised Up |
| Adjusted EBITDA margin | about 11% | Mar 2026 | This implies a step down in margins in the second half, in line with typical second half seasonality and timing of investment spending. | On Track |
Claimed
Qualified
The full ledger
A free account opens 5 company ledgers a month. All 29 tracked commitments, with each call’s wording and source.
Call summaries
Booz Allen Hamilton Q2 FY27 — Strong Profitability and Strategic Growth in National Security
Read the full callBooz Allen Q1 FY27 — Solid Profitability and Strategic Investments Amidst Dynamic Environment
Read the full callBooz Allen Hamilton Q4 FY26 — Navigating Headwinds with Strategic Transformation and Profitability Exceeding Expectations
Read the full callEvery analysed call
Financials
Net profit, year on year: +3% (quarter to sep 2026 against sep 2025).
| Line item | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 | Sep 2026 |
|---|---|---|---|---|---|---|---|---|
| Sales | 2,917 | 2,975 | 2,924 | 2,890 | 2,620 | 2,783 | 2,800 | 2,778 |
| Expenses | 2,626 | 2,700 | 2,667 | 2,607 | 2,390 | 2,520 | 2,521 | 2,533 |
| Operating profit | 291 | 275 | 257 | 283 | 230 | 263 | 279 | 245 |
| Operating margin | 10.0% | 9.2% | 8.8% | 9.8% | 8.8% | 9.4% | 10.0% | 8.8% |
| Interest | 46 | — | — | — | — | — | — | — |
| Profit before tax | 248 | 244 | 216 | 233 | 187 | 226 | 251 | 199 |
| Tax rate | 24.6% | 20.9% | −25.5% | 24.9% | −7.0% | 9.3% | 21.1% | 9.1% |
| Net profit | 187 | 193 | 271 | 175 | 200 | 205 | 198 | 181 |
| EPS ($ per share) | 1.46 | — | 2.17 | 1.42 | 1.64 | — | 1.63 | 1.50 |
| Line item | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|
| Equity capital | 2 | 2 | 2 | 2 | 2 | 2 | 2 | 2 |
| Reserves | 995 | 1,331 | 1,758 | 2,015 | 2,051 | 2,404 | 3,070 | 3,644 |
| Total liabilities | 3,156 | 3,938 | 4,428 | 4,979 | 5,559 | 5,517 | 6,309 | 6,013 |
| Fixed assets | 172 | 208 | 205 | 202 | 195 | 188 | 177 | 171 |
| Total assets | 3,832 | 4,794 | 5,500 | 6,026 | 6,551 | 6,564 | 7,312 | 7,118 |
| Line item | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|
| Cash from operations | 500 | 551 | 719 | 737 | 603 | 259 | 1,009 | 1,041 |
| Cash from investing | -89 | -128 | -158 | -868 | -468 | -91 | -218 | -300 |
| Cash from financing | -413 | 35 | -311 | -164 | -426 | -19 | -460 | -898 |
| Net cash flow | -3 | 458 | 249 | -295 | -291 | 149 | 331 | -157 |
| Capital expenditure | -95 | -128 | -87 | -80 | -76 | -67 | -98 | -90 |
| Free cash flow | 405 | 423 | 631 | 657 | 527 | 192 | 911 | 951 |
| KPI | Mar 2026 Q4 FY26 | Jun 2026 Q1 FY27 | Sep 2026 Q2 FY27 | Change vs prior quarter |
|---|---|---|---|---|
| Book-to-bill ratio | 0.9 ratioOur book-to-bill was 0.9x for the quarter with a trailing 12-month book-to-bill of 1.1x, including the [ MC TP ] award that is currently under protest, both the quarterly and trailing 12-month book to bills would have been nearly 1.2x.Source: earnings call transcript | 1.5 ratiowith a book-to-bill of 1.5x.Source: earnings call transcript | 1.5 ratioMoving to demand in leading indicators, we had solid bookings during the quarter with a book-to-bill of 1.5x, benefiting from a large classified award in the quarter.Source: earnings call transcript | 0% |
| Backlog | $38BBacklog at the end of fiscal year totaled $38 billion, up about 3% year-over-year.Source: earnings call transcript | $39B+Total backlog at the end of the first quarter was over $39 billion, up 3% year-over-year.Source: earnings call transcript | <$41BTotal backlog at the end of the second quarter was nearly $41 billion, up 2% year-over-year.Source: earnings call transcript | — |
| Backlog Funded | $4.3BWe also saw funding improve in the fourth quarter with our funded backlog increasing sequentially to $4.3 billion.Source: earnings call transcript | $4.7BImportantly, funding showed further signs of improvement in the first quarter with our funded backlog increasing 15% year-over-year to $4.7 billion.Source: earnings call transcript | $5.7BDespite a funding environment that remains choppy, our funded backlog continued to strengthen increasing 5% year-over-year to $5.7 billion.Source: earnings call transcript | +21.3% |
Operating figures the company stated on at least two of the calls shown, checked against each call's transcript. Click a figure to read the sentence. A dash means it was not stated that quarter.
43 filings between Oct 30, 2025 and Aug 13, 2026.
Purchases
$2.01M
1 purchase by 1 insider
Sales
$64.1K
2 sales by 1 insider
Also filed: 2 gifts.
| Insider | Bought | Sold | Last filing |
|---|---|---|---|
| ROZANSKI HORACIO | $2.01M | — | Oct 30, 2025 |
| Metzfield Dennis | — | $64.1K | Aug 13, 2026 |
| Date | Insider | What | Shares | Value |
|---|---|---|---|---|
| Aug 13, 2026 | Metzfield Dennis VP, PAO & Controller | Sale | 469 | $36.5K |
| Aug 4, 2026 | Thornberry William McClellan Director | Award | 3,058 | $0 |
| Aug 4, 2026 | OBrien Robert C Director | Award | 3,330 | $0 |
| Aug 4, 2026 | Flournoy Michele Angelique Director | Award | 5,028 | $0 |
| Aug 4, 2026 | McClain Gretchen W Director | Award | 4,689 | $0 |
| Aug 4, 2026 | Gaumond Mark E. Director | Award | 3,805 | $0 |
| Aug 4, 2026 | Dial Debra L. Director | Award | 3,058 | $0 |
| Aug 4, 2026 | Jewett Ellen Director | Award | 3,058 | $0 |
| Aug 4, 2026 | READ RORY P Director | Award | 4,689 | $0 |
| Aug 4, 2026 | Nolan Ryan Director | Award | 4,689 | $0 |
| Aug 3, 2026 | ROZANSKI HORACIO CEO | Gift | 74,014 | $0 |
| Aug 3, 2026 | ROZANSKI HORACIO CEO | Gift | 74,014 | $0 |
| Jul 27, 2026 | Nolan Ryan Director | Award | 805 | $0 |
| Jun 30, 2026 | Petty Joshua EVP & General Counsel | Tax withheld | 244 | $14.8K |
| May 26, 2026 | Pfeifer Thomas Executive Vice President | Award | 8,010 | $0 |
| May 26, 2026 | ANDERSON KRISTINE President & COO | Award | 20,023 | $0 |
| May 26, 2026 | ROZANSKI HORACIO CEO | Award | 58,266 | $0 |
| May 26, 2026 | Metzfield Dennis VP, PAO & Controller | Award | 1,642 | $0 |
| May 26, 2026 | Inserra Andrea Executive Vice President | Award | 6,508 | $0 |
| May 26, 2026 | Petty Joshua EVP & General Counsel | Award | 3,004 | $0 |
| May 26, 2026 | Lahr Troy EVP & Chief Financial Officer | Award | 10,012 | $0 |
| May 26, 2026 | Lahr Troy EVP & Chief Financial Officer | Award | 37,543 | $0 |
| May 26, 2026 | Fitzgerald Buffum Shannon Executive Vice President | Award | 4,005 | $0 |
| May 19, 2026 | ANDERSON KRISTINE President & COO | Award | 21,036 | $0 |
| May 19, 2026 | ANDERSON KRISTINE President & COO | Tax withheld | 9,929 | $764.5K |
| May 19, 2026 | ROZANSKI HORACIO CEO | Award | 122,605 | $0 |
| May 19, 2026 | ROZANSKI HORACIO CEO | Tax withheld | 60,138 | $4.63M |
| May 19, 2026 | Pfeifer Thomas Executive Vice President | Award | 10,218 | $0 |
| May 19, 2026 | Pfeifer Thomas Executive Vice President | Tax withheld | 3,665 | $282.2K |
| May 19, 2026 | Inserra Andrea Executive Vice President | Award | 2,880 | $0 |
| May 19, 2026 | Inserra Andrea Executive Vice President | Tax withheld | 867 | $66.8K |
| Mar 31, 2026 | ANDERSON KRISTINE EVP & Chief Operating Officer | Tax withheld | 3,426 | $267.3K |
| Mar 31, 2026 | ROZANSKI HORACIO President and CEO | Tax withheld | 15,158 | $1.18M |
| Mar 31, 2026 | Laben Nancy EVP & Chief Legal Officer | Tax withheld | 2,604 | $203.2K |
| Mar 31, 2026 | Crowe Richard Executive Vice President | Tax withheld | 2,734 | $213.3K |
| Mar 31, 2026 | Pfeifer Thomas Executive Vice President | Tax withheld | 1,333 | $104.0K |
| Mar 31, 2026 | Metzfield Dennis VP, PAO & Controller | Tax withheld | 174 | $13.6K |
| Mar 31, 2026 | Inserra Andrea Executive Vice President | Tax withheld | 758 | $59.1K |
| Feb 26, 2026 | Metzfield Dennis VP, PAO & Controller | Sale | 350 | $27.5K |
| Jan 30, 2026 | Metzfield Dennis VP, PAO & Controller | Tax withheld | 229 | $20.2K |
| Dec 30, 2025 | Laben Nancy EVP & Chief Legal Officer | Award | 5,829 | $0 |
| Dec 30, 2025 | Metzfield Dennis VP, PAO & Controller | Award | 1,175 | $0 |
| Oct 30, 2025 | ROZANSKI HORACIO President and CEO | Purchase | 23,800 | $2.01M |
| Aug 4, 2025 | Thornberry William McClellan Director | Award | 2,020 | $0 |
| Aug 4, 2025 | Jewett Ellen Director | Award | 2,020 | $0 |
| Aug 4, 2025 | JOHNSON ARTHUR E Director | Award | 2,020 | $0 |
| Aug 4, 2025 | McClain Gretchen W Director | Award | 3,321 | $0 |
| Aug 4, 2025 | READ RORY P Director | Award | 3,097 | $0 |
| Aug 4, 2025 | ROSSOTTI CHARLES O Director | Award | 3,097 | $0 |
| Aug 4, 2025 | Gaumond Mark E. Director | Award | 2,468 | $0 |
Source: SEC Form 4 filings. Form 4 reports transactions, not the cap table — absence of filings says nothing about how much an insider owns, and a quiet window is not a signal.
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