)
DLH (DLHC) investor relations material
DLH Q1 2026 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Executive summary
Q1 revenue was $68.9 million, down 24% year-over-year, mainly due to program transitions to small business set-aside contractors and government efficiency initiatives.
Net loss was $1.3 million, compared to net income of $1.1 million in the prior year.
Adjusted EBITDA was $6.5 million (9.5% of revenue), down from $9.9 million, reflecting cost reduction and operational streamlining.
Demand is improving in core markets, with emphasis on digital modernization, cybersecurity, and advanced technology integration.
Management remains focused on expanding efficiencies, margins, and deleveraging the balance sheet.
Financial highlights
Revenue for Q1 FY2026 was $68.9 million, down from $90.8 million year-over-year.
Adjusted EBITDA was $6.5 million, with a margin of 9.5%, compared to $9.9 million (11.0%) in the prior year.
Free cash flow usage improved to $(4.8) million from $(12.1) million year-over-year.
Net loss margin was (1.9)% compared to a net income margin of 1.2% a year ago.
Backlog at quarter-end was $517.4 million, with $124.0 million funded.
Outlook and guidance
Budget clarity and increased federal funding support a positive midterm outlook, with improved visibility for federal clients.
Management expects to align expenses with lower revenue volumes and restore margins to competitive levels after cost scaling initiatives.
Anticipates converting 50%-55% of fiscal 2026 EBITDA to debt reduction by year-end.
Operating cash flow is expected to be deployed toward reducing debt levels, enhancing long-term financial flexibility.
Operating fundamentals and organic growth initiatives expected to improve as the year progresses.
Next DLH earnings date
Next DLH earnings date
The essential earnings season companion
The #1 app for qualitative research. Live earnings calls, AI chat, transcripts, and more. All for free.
Live calls and transcripts
Listen to earnings calls, CMDs, investor conferences, and more – with a podcast-like experience.
Find what you need faster
Search for any keyword across all transcripts simultaneously.
Easily store key findings
Capturing important takeaways is as simple as it gets. Even during your lunch run or commute.
Your watchlist. Your dashboard.
Follow the companies that matter to you. Get a personalized feed with real-time updates.
Be the first to know
Set keyword alerts for any company, product, or competitor. Get notified the moment they're mentioned.
Consensus estimates
Access analyst consensus estimates, valuation multiples, and revenue segments splits.
All IR material in one place
The easiest way to stay updated during earnings season.
Global coverage
All events from public companies. Live and recorded.
Just click and listen
No webcast links. No manual registrations.
excellent app, it gives me free access to company earnings calls and annual reports. I also love the convenience of calls being available offline so I can listen in whilst doing other things and even when internet or WiFi isn't available.
One of the very few apps you could call perfect. If something was to add to it, maybe the share price of the company when you search for it, but it's already excellent.
This is genuinely one of the cleanest and fastest finance apps out there to track the market.
excellent app, it gives me free access to company earnings calls and annual reports. I also love the convenience of calls being available offline so I can listen in whilst doing other things and even when internet or WiFi isn't available.
One of the very few apps you could call perfect. If something was to add to it, maybe the share price of the company when you search for it, but it's already excellent.
This is genuinely one of the cleanest and fastest finance apps out there to track the market.
I can't remember the last time an app had such a positive impact on my investment process.
Love the app! Quartr makes it really easy to keep track of earnings calls. It also includes the reports and slides to make it easier to follow along.
Quartr is amazing, no way around it. It is the best right now for earnings calls, presentations, and the like.
I can't remember the last time an app had such a positive impact on my investment process.
Love the app! Quartr makes it really easy to keep track of earnings calls. It also includes the reports and slides to make it easier to follow along.
Quartr is amazing, no way around it. It is the best right now for earnings calls, presentations, and the like.
Frequently asked questions
Mobile app: Research anytime, anywhere with the #1 app for live earnings calls, transcripts, analyst estimates, and more. All for free.
Desktop (Quartr Pro): The leading platform for qualitative research, used daily by top firms and financial institutions.
Quartr API: Build custom solutions powered by live earnings calls, live transcripts, filings and reports, slide presentations, and more.
Explore our global coverage
)
)