CACI International Inc Reports 8.5% Revenue Growth to $2.35 Billion in Latest Quarter

CACI International Inc reported significant financial growth in its latest quarterly results, with revenues reaching $2.35 billion for the three months ended March 31, 2026, an increase of 8.5% compared to $2.17 billion in the same period last year. For the nine months ending March 31, 2026, total revenues were $6.86 billion, up from $6.32 billion, marking a similar growth rate of 8.5%. The company’s net income also saw a notable rise, reaching $130.4 million for the third quarter, a 16.6% increase from $111.9 million in the prior year. Basic earnings per share increased to $5.90, compared to $5.02 in the same quarter of 2025.

The financial performance was bolstered by organic growth of 6.8% and 5.6% for the three and nine months, respectively, driven by new contract awards and expansion in existing programs. Direct costs rose in tandem with revenues, totaling $1.55 billion for the quarter, which represented 66.1% of revenues, slightly down from 66.2% in the previous year. Indirect costs and selling expenses also increased, reflecting higher acquisition-related expenses and a larger labor base. The company reported a total operating income of $228.9 million for the quarter, up 16.6% from $196.4 million a year earlier.

Strategically, CACI completed the acquisition of ARKA Group L.P. for approximately $2.64 billion on March 9, 2026, enhancing its capabilities in delivering advanced technology for national security customers. This acquisition was financed through increased borrowings and cash reserves. Additionally, CACI acquired Datalynx Limited for $10.7 million in February 2026, further expanding its service offerings in data and cloud migration. The company’s total backlog as of March 31, 2026, was reported at $33.4 billion, a 6.4% increase from the previous year, indicating a strong pipeline for future revenue.

Operationally, CACI's workforce has expanded, with the company reporting a significant increase in employee headcount to support its growing operations. The company continues to focus on enhancing its market position, particularly in the defense and intelligence sectors, which account for approximately 78% of its revenue. CACI's management remains optimistic about future growth, citing a stable budget environment for defense spending and increased demand for advanced technologies as key drivers for the company’s strategic direction.

Looking ahead, CACI anticipates continued growth in its revenue streams, supported by a favorable budgetary environment and ongoing investments in technology and expertise. The company is well-positioned to capitalize on emerging opportunities in national security and defense, despite potential challenges related to government procurement processes and market competition.