DLH Holdings Corp. (DLHC)

DLH Holdings Cash Flow Statement

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

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec 31, 2025	Sep 30, 2025	Sep 30, 2024	Sep 30, 2023	Sep 30, 2022	Sep 30, 2021
Net Income	-1.08	1.36	7.4	1.46	23.29	10.15
Depreciation & Amortization	17.17	17.18	17.05	15.56	7.67	8.12
Stock-Based Compensation	1.92	1.46	1.9	1.92	2.61	1.66
Other Adjustments	-1.27	0.04	-1.34	5.25	1.02	2.01
Change in Receivables	28.43	11.46	9.27	6.85	-7.05	-0.91
Changes in Accounts Payable	-4.47	-6.04	-4.41	-0.08	-5.86	4.14
Changes in Accrued Expenses	-9.13	-0.7	-0.95	-3.48	0.32	-1.49
Changes in Unearned Revenue	-	-	-	-	-22.27	22.27
Changes in Other Operating Activities	-1.59	-1.54	-1.56	3.54	1.52	-0.28
Operating Cash Flow	29.98	23.22	27.37	31.03	1.24	45.67
Operating Cash Flow Growth	178.74%	-15.17%	-11.82%	2396.62%	-97.28%	134.77%
Capital Expenditures	0.27	-0.24	-0.84	-0.63	-0.87	-0.1
Payments for Business Acquisitions	-	-	-	-180.57	-	0.06
Investing Cash Flow	0.27	-0.24	-0.84	-181.2	-0.87	-0.04
Short-Term Debt Issued	260.67	253.18	361.72	205.27	-	-
Short-Term Debt Repaid	-272.03	-257.17	-359.21	-195.72	-	-
Net Short-Term Debt Issued (Repaid)	-11.36	-3.99	2.51	9.55	-	-
Long-Term Debt Issued	-	-	-	168	17	30.95
Long-Term Debt Repaid	-16.63	-19	-27.31	-20.19	-41.75	-54.2
Net Long-Term Debt Issued (Repaid)	-16.63	-19	-27.31	147.81	-24.75	-23.25
Issuance of Common Stock	-	-	0.26	1.11	0.84	0.37
Net Common Stock Issued (Repurchased)	-	-	0.26	1.11	0.84	0.37
Other Financing Activities	-0.19	-0.2	-1.86	-8.32	-0.28	-0.04
Financing Cash Flow	-30.45	-23.19	-26.4	150.15	-24.19	-22.93
Net Cash Flow	-0.19	-0.22	0.13	-0.01	-23.82	22.69
Free Cash Flow	30.26	22.98	26.53	30.41	0.37	45.56
Free Cash Flow Growth	31.69%	-13.40%	-12.75%	8096.23%	-99.19%	136.08%
FCF Margin	9.38%	6.67%	6.70%	8.09%	0.09%	18.51%
Free Cash Flow Per Share	2.09	1.59	1.84	2.09	0.03	3.35
Levered Free Cash Flow	-26.81	-12.97	-8.1	173.75	-20.96	19.55
Unlevered Free Cash Flow	10.18	21.68	33.08	45.38	5.45	45.66

Updated Dec 31, 2025. Data Source: Fiscal.ai. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q