CACI 10-Q Confirms Q1 Revenue of $2.47B and Details Dismissal of $42M Judgment
CACI sits 44% above its 52-week low of $434.7.
Summary
CACI's Q1 FY2027 10-Q confirms $2.47 billion of revenue (+8.2%) and $5.84 diluted EPS, and discloses that the $42 million Al Shimari judgment was vacated and the case dismissed on October 21, 2026.
Key Events · Earnings and Guidance · CACI
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Q1 Revenue Up 8.2% to $2.47B
Revenue rose to $2,474.6 million from $2,287.6 million, including 2.1% organic growth; operating income grew 16.6% to $247.5 million and diluted EPS was $5.84 versus $5.63.
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$42M Judgment Vacated, Case Dismissed
On October 21, 2026 the District Court reversed and vacated the January 10, 2025 judgment, entered judgment in favor of CACI, and dismissed the Al Shimari case; no amounts had been recognized in the financial statements.
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Interest Expense Jumps 58.6% on Debt
Interest expense and other, net rose to $73.2 million from $46.2 million on higher outstanding debt balances, leaving net income up only 4.5% to $130.4 million.
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Backlog $34.0B, RPO $14.3B
Total backlog was $34.0 billion (funded backlog $6.2 billion) and remaining performance obligations were $14.3 billion, with about 43% expected to be recognized as revenue over the next 12 months.
Analysis · CACI · Technology
The headline numbers were already out on October 21, but the full 10-Q adds two things that matter. First, the long-running Al Shimari case is effectively over: the District Court vacated the $42 million judgment and entered judgment for CACI on October 21, removing a legal overhang that had survived a Fourth Circuit affirmance in March 2026. Second, the quarter's quality is visible in the detail: revenue grew 8.2% to $2.47 billion with 2.1% organic growth, operating income rose 16.6% to $247.5 million, but interest expense jumped 58.6% to $73.2 million on the debt taken on for the ARKA acquisition, which is why net income grew only 4.5%. Backlog of $34.0 billion and remaining performance obligations of $14.3 billion support the raised guidance, and $1,395.0 million of undrawn revolver capacity plus covenant compliance leaves ample liquidity.
How filings like this one have moved
In the 30 days to Oct 22, 2026, 29.4% of the 1539 measured filings Wiseek scored 7 moved their stock by 5% or more by the next session's close. The median move was -0.45%. 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, CACI was trading at $625.98 on NYSE in the Technology sector, with a market capitalization of approximately $13.8B. The 52-week trading range was $434.70 to $683.50. This filing was assessed with positive market sentiment and an importance score of 7 out of 10.