CACI International Inc Reports 8.2% Revenue Growth to $2.475 Billion for Q3 2026

CACI International Inc reported a notable increase in financial performance for the three months ending September 30, 2026, with revenues reaching $2.475 billion, up 8.2% from $2.288 billion in the same period last year. The company's net income also rose to $130.367 million, a 4.5% increase from $124.810 million in the prior year. Basic earnings per share improved to $5.90, compared to $5.67 in the previous year, reflecting the company's effective management of costs and operational efficiencies.

The increase in revenue was attributed to both organic growth of 2.1% and contributions from acquisitions, particularly the integration of ARKA Group L.P., which CACI acquired earlier in 2026 for approximately $2.638 billion. This acquisition has been a significant driver of growth, enhancing CACI's capabilities in providing technology and expertise to its government clients. The company also noted a favorable shift in its revenue mix, with direct costs as a percentage of revenue decreasing from 67.6% to 64.6%, indicating improved operational efficiency.

Operationally, CACI's customer base remains robust, with the Department of War contributing $1.354 billion to revenues, a 14.8% increase from the previous year. The Intelligence Community and commercial sectors also saw growth, although revenues from federal civilian agencies declined slightly. The company reported a total backlog of $34 billion, reflecting a 0.3% increase year-over-year, which includes both funded and unfunded contracts. This backlog indicates a strong pipeline of future revenue opportunities.

In terms of financial health, CACI's total assets increased to $11.948 billion from $11.820 billion, while total liabilities decreased slightly to $7.321 billion. The company maintained a strong liquidity position with cash and cash equivalents rising to $279.389 million, up from $191.756 million at the end of the previous quarter. CACI's effective management of its debt is evident, as it remains compliant with all financial covenants related to its long-term debt.

Looking ahead, CACI remains optimistic about its growth prospects, driven by a stable U.S. government budget environment and increasing demand for technology and expertise in national security. The company anticipates continued investment in advanced technologies and a focus on cyber and electronic warfare, which are expected to bolster its market position. CACI's strategic initiatives, including its recent acquisition and ongoing efforts to align with government spending priorities, position it well for future growth in a competitive landscape.