CACI International Reports Strong Q1 2027 Results and Raises Full-Year Guidance
CACI International (CACI) delivered a robust first quarter for fiscal year 2027, reporting revenue of $2.47 billion, an 8.2% increase driven by new contract wins and higher gross profits. The company saw significant margin expansion, with EBITDA margins rising to 13.3%, supported by high-margin technology work. Adjusted diluted EPS grew 11.8% year-over-year to $7.66. The company's backlog remains a primary strength, totaling $34.0 billion, bolstered by major contract awards including the $1.5 billion Apollo award for AI-driven intelligence missions and the $1.6 billion SOF-TOPS II task order. Due to this strong momentum, management raised its full-year revenue guidance to a range of $10.7 billion to $10.9 billion. Despite the positive results, leadership noted potential headwinds including sluggish decision-making in certain sectors and inflationary pressures on semiconductors and rare earth elements. However, the company's high visibility into existing program revenue (94%) provides significant stability for the remainder of the fiscal year.
Tickers: $CACI
Topics: Backlog Contract Awards Defense Technology EBITDA Margin Revenue Growth