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Booz Allen Hamilton BAH Billable Expenses

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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$9.15B-32.0%
Enterprise value$12.59B-25.6%
P/E11.8×-1.2×
P/S0.8×-0.3×

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 bah:BillableExpenses.

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
Line itemThree Months Ended June 30, 2026Three Months Ended June 30, 2025
Revenue$2,800$2,924
Operating costs and expenses:
Cost of revenue1,3361,423
Billable expenses835881
General and administrative expenses305323
Depreciation and amortization4540
Total operating costs and expenses2,5212,667
Operating income279257

Item 1. Financial Statements

FAQ

What is Booz Allen Hamilton's billable expenses?
Booz Allen Hamilton (BAH) reported billable expenses of $835M in Q2 2026.
How has Booz Allen Hamilton's billable expenses changed year-over-year?
Booz Allen Hamilton's billable expenses decreased by 5.2% year-over-year, from $881M to $835M.
What is the long-term trend for Booz Allen Hamilton's billable expenses?
Over 4 years (2022 to 2026), Booz Allen Hamilton's billable expenses has grown at a 8.7% compound annual growth rate (CAGR), from $2.47B to $3.45B.
What does billable expenses mean?
Billable expenses represent costs incurred by the company that are contractually reimbursable by the client, such as travel or third-party materials. These expenses are passed through to the customer and are critical for understanding the gross revenue composition versus the core service delivery revenue.

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