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Booz Allen Hamilton BAH Contract Assets

Contract Assets at other companies

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CACI International IncCACI
$349.9M+38.4%
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$1.06B+27.0%
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Tetra TechTTEK
$146.46M+9.2%
Lockheed Martin logo
Lockheed MartinLMT
$16.04B+7.7%
Leidos Holdings logo
Leidos HoldingsLDOS
$865M0.0%
ICF International logo
ICF InternationalICFI
$196.08M-17.0%

Other financials

Income statement

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Revenue$2.8B-4.2%
Gross profit$1.5B-2.5%
Operating income$279.0M+8.6%
Net income$198.0M-26.9%
EPS (diluted)$1.63-24.5%

Balance sheet

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Cash & equivalents$540.0M-24.1%
Total debt$4.0B-4.7%
Total equity$1.2B+12.9%
Total assets$7.6B+6.1%

Cash flow

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Operating cash flow$281.0M+136%
CapEx$20.0M-13.0%
Free cash flow$261.0M+172%

Valuation

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Market cap$8.65B-37.3%
Enterprise value$12.1B-29.9%
P/E11.1×-2.1×
P/S0.8×-0.4×

Profitability

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Gross margin53%-1.3pp
Operating margin9.5%-2.0pp
Net margin7%-1.7pp
FCF margin10.1%+1.8pp

Returns & leverage

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Return on equity68.6%-28.2pp
Debt / equity3.3×-0.6×
Current ratio1.6×-0.2×

Where this comes from

Reported directly by Booz Allen Hamilton in its filing.

Tagged under the XBRL concept us-gaap:ContractWithCustomerAssetNetCurrent.

The source filing: Booz Allen Hamilton’s 10-Q, filed July 24, 2026.

Filed
Jul 24, 2026, 6:50 AM EDT
Fiscal quarter
Q1 FY2027
Calendar quarter
Q2 2026
Accession
0001628280-26-049495
Description of Contract Related BalanceBalance Sheet Line ItemJune 30,2026March 31,2026
Accounts receivable, netAccounts receivable, net$2,320$2,063
Accounts receivable–billedAccounts receivable, net619555
Allowance for credit lossesAccounts receivable, net(1)(1)
Current contract assets - unbilled receivablesAccounts receivable, net1,7021,509
Non-current contract assets - unbilled receivablesOther long-term assets$149$58
Current contract liabilities - deferred revenueOther current liabilities$27$28

Item 1. Financial Statements

FAQ

What is Booz Allen Hamilton's contract assets?
Booz Allen Hamilton (BAH) reported contract assets of $1.7B in Q2 2026.
How has Booz Allen Hamilton's contract assets changed year-over-year?
Booz Allen Hamilton's contract assets increased by 9.0% year-over-year, from $1.56B to $1.7B.
What is the long-term trend for Booz Allen Hamilton's contract assets?
Over 5 years (2021 to 2026), Booz Allen Hamilton's contract assets has grown at a 7.8% compound annual growth rate (CAGR), from $1.04B to $1.51B.
What does contract assets mean?
Revenue recognized under ASC 606 where the right to payment is conditional on something other than the passage of time — work performed but not yet billable.

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