Booz Allen Hamilton Reports FY26 Revenue & Operating Income Decline Amidst Procurement Slowdown; Boosts Backlog & Shareholder Returns
BAH is trading near its 52-week low of $68.835 (14% above the low).
Summary
Booz Allen Hamilton's FY26 annual report shows a 6% revenue decline and 25% operating income drop due to a slowed government procurement environment, but the company increased its backlog and continued significant share repurchases and dividends.
Key Events · Earnings and Guidance · BAH
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Revenue and Operating Income Decline
Revenue decreased 6% to $11.2 billion, and operating income fell 25% to $1.03 billion in fiscal year 2026, impacted by a slowed government procurement environment and $61 million in severance charges.
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Strong Operating Cash Flow
Net cash provided by operating activities remained robust at $1.04 billion, consistent with the prior year, despite the revenue decline.
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Increased Backlog
Total contract backlog grew 3% to $38.2 billion, with remaining performance obligations increasing to $10.7 billion, indicating future revenue potential.
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Shareholder Returns
The company repurchased $561 million of Class A Common Stock and declared a quarterly dividend of $0.59 per share, demonstrating continued commitment to returning capital to shareholders.
Analysis · BAH · Trade & Services
Booz Allen Hamilton's annual 10-K filing for fiscal year 2026 reveals a 6% decrease in revenue and a significant 25% drop in operating income, primarily attributed to a slowed government procurement environment and $61 million in severance charges. Despite these operational headwinds, the company demonstrated resilience by increasing its total backlog by 3% and maintaining strong operating cash flow. Management continued its commitment to shareholder returns through $561 million in share repurchases and consistent quarterly dividends. Strategic moves included increasing the revolving credit facility by $500 million and completing the acquisition of Defy Security, enhancing financial flexibility and cybersecurity capabilities.
How filings like this one have moved
In the 30 days to Oct 5, 2026, 29.2% of the 1496 measured filings Wiseek scored 7 moved their stock by 5% or more by the next session's close. The median move was -0.63%. These are measured outcomes after filings of this importance, not a forecast for this one.
Measured one observation per ticker per day, after exclusions. Current figures: Filing Impact Tracker · open dataset
At the time of this filing, BAH was trading at $78.40 on NYSE in the Trade & Services sector, with a market capitalization of approximately $9.2B. The 52-week trading range was $68.84 to $129.50. This filing was assessed with neutral market sentiment and an importance score of 7 out of 10.