The defense company’s fundamentals are showing rather significant improvement lately.
If the opening quarter of CACI International’s (CACI +12.38%) fiscal 2026 is any indication, the company and its shareholders are in for a good ride this year. The defense company posted its first quarter earnings release after market close Wednesday, and investors piled into the stock the following day to boost it to a more than 12% increase.
A rocking start to fiscal 2026
In that opening frame of the new fiscal year, CACI’s revenue grew by 11% year over year to $2.29 billion. It also scored a double-digit percentage gain in non-GAAP (generally accepted accounting principles) net income; that metric jumped almost 14% higher to just below $152 million ($6.85).
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The company squeaked past the consensus analyst estimate of $2.26 billion for revenue. However, it handily beat the average prognosticator expectation of $6.14 for adjusted, per-share profitability.
Past and present work benefited CACI during the quarter, as the company said it booked $5 billion in contract awards in the period while seeing growth in both its total and funded backlog.
Today’s Change
(12.38%) $64.41
Current Price
$584.57
Key Data Points
Market Cap
$11B
Day’s Range
$542.20 – $596.95
52wk Range
$318.60 – $596.95
Volume
812K
Avg Vol
237K
Gross Margin
30.10%
Dividend Yield
N/A
Sticking to prior projections
CACI also maintained its guidance for the entirety of fiscal 2026. The company’s expectation for revenue remains $9.2 billion to $9.4 billion, and it’s modeling adjusted net income of $605 million to $625 million, translating to $27.13 to $28.03.
Eric Volkman has no position in any of the stocks mentioned. The Motley Fool has no position in any of the stocks mentioned. The Motley Fool has a disclosure policy.
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