DLH Holdings Income Statement

Financials in millions USD. Fiscal year is October - September.

Millions USD. Fiscal year is Oct - Sep.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Sep '25 Sep 30, 2025	Sep '24 Sep 30, 2024	Sep '23 Sep 30, 2023	Sep '22 Sep 30, 2022	Sep '21 Sep 30, 2021
Revenue	344.5	395.94	375.87	395.17	246.09
Revenue Growth (YoY)	-12.99%	5.34%	-4.88%	60.58%	17.64%
Cost of Revenue	279.33	318.45	296.02	322.89	194.61
Gross Profit	65.16	77.49	79.86	72.29	51.48
Selling, General & Admin	31.2	35.54	39.53	31.34	26.14
Operating Expenses	48.38	52.59	55.09	39.01	34.26
Operating Income	16.79	24.9	24.76	33.28	17.22
Interest Expense	-15.03	-17.15	-16.27	-2.24	-3.78
Interest & Investment Income	-	-	-	0.02	-
EBT Excluding Unusual Items	1.76	7.75	8.49	31.06	13.44
Asset Writedown	-	-	-7.67	-	-
Pretax Income	1.76	7.75	0.82	31.06	13.44
Income Tax Expense	0.39	0.35	-0.64	7.78	3.29
Net Income	1.36	7.4	1.46	23.29	10.15
Net Income to Common	1.36	7.4	1.46	23.29	10.15
Net Income Growth	-81.59%	406.30%	-93.73%	129.55%	42.61%
Shares Outstanding (Basic)	14	14	14	13	13
Shares Outstanding (Diluted)	14	14	14	14	14
Shares Change (YoY)	0.37%	-0.18%	1.78%	4.28%	3.75%
EPS (Basic)	0.09	0.52	0.11	1.82	0.81
EPS (Diluted)	0.09	0.51	0.10	1.64	0.75
EPS Growth	-82.35%	410.00%	-93.90%	118.67%	38.89%
Free Cash Flow	22.98	26.53	30.41	0.37	45.56
Free Cash Flow Per Share	1.59	1.84	2.11	0.03	3.35
Gross Margin	18.92%	19.57%	21.25%	18.29%	20.92%
Operating Margin	4.87%	6.29%	6.59%	8.42%	7.00%
Profit Margin	0.40%	1.87%	0.39%	5.89%	4.12%
Free Cash Flow Margin	6.67%	6.70%	8.09%	0.09%	18.51%
EBITDA	33.97	41.95	40.33	40.94	25.34
EBITDA Margin	9.86%	10.60%	10.73%	10.36%	10.30%
D&A For EBITDA	17.18	17.05	15.56	7.67	8.12
EBIT	16.79	24.9	24.76	33.28	17.22
EBIT Margin	4.87%	6.29%	6.59%	8.42%	7.00%
Effective Tax Rate	22.39%	4.52%	-	25.03%	24.51%

Source: S&P Global Market Intelligence. Standard template. Financial Sources.