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DLH Holdings DLHC Q3 2026 earnings

Reported July 29, 2026 · After market close

Revenue$44.2MMiss by $5.8M
EPS-$1.16Miss by $0.99
Revenue estimate$50.0M
EPS estimate-$0.17
Having aligned indirect costs with expected revenue volumes, I am confident that DLH is competitively positioned to capitalize on a healthy pipeline of organic growth opportunities. As our third-quarter results reflect recent growth challenges and the completion of legacy programs, we expect fourth-quarter revenue to be generated entirely by our technology-powered solutions. We also anticipate our actions to align our indirect costs with these revenue volumes will enable us to maintain Adjusted EBITDA margins at approximately the same level as in the third quarter.
Kathryn JohnBull

Next report

Dec 9, 2026 (in 3 months)
Revenue estimate$37.0M
EPS estimate-$0.28

Financials

Q3 2026

Income statement

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Revenue$44.2M-46.9%
Gross profit$7.4M-52.8%
Operating income-$3.9M-205%
Net income-$16.8M-5,909%
EPS (diluted)-$1.16-5,900%

Balance sheet

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Cash & equivalents$235.0K+21.1%
Total debt$141.1M-9.5%
Total equity$93.3M-18.0%
Total assets$254.8M-14.9%

Cash flow

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Operating cash flow$4.2M-56.1%
Free cash flow$4.2M-55.1%

Valuation & ratios

Valuation

as of 09/16/26
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Market cap$52.61M-34.5%
Enterprise value$193.52M-18.0%
P/S0.2×0.0×

Profitability

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Gross margin18.3%-1.3pp
Operating margin-0.1%-5.9pp
Net margin-8.5%-9.8pp

Returns & leverage

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Return on equity-20.8%-25.0pp
Debt / equity1.5×+0.1×
Current ratio0.7×-0.4×

FAQ

When did DLH Holdings report Q3 2026 earnings?
DLH Holdings (DLHC) reported Q3 2026 earnings on July 29, 2026 after market close.
What were DLH Holdings's Q3 2026 revenue and EPS?
DLH Holdings reported revenue of $44.2M and eps of $-1.16 for Q3 2026.
Did DLH Holdings beat estimates in Q3 2026?
Revenue missed the consensus estimate of $50.0M by $5.8M. EPS missed the consensus estimate of $-0.17 by $0.99.
How did DLH Holdings's Q3 2026 results compare year-over-year?
Compared to the same quarter a year prior, revenue declined 47.0% from $83.3M a year earlier.
Where can I find DLH Holdings's Q3 2026 SEC filings?
You can read the 8-K earnings release (0001628280-26-050624) and the 10-Q periodic report (0001628280-26-050627) directly on SEC EDGAR. The filing index links above go to sec.gov.