DLH Holdings Corp.
Financial highlights
| Metric | FY 09/30/25 | FY 09/30/24 | FY 09/30/23 | FY 09/30/22 | FY 09/30/21 |
|---|---|---|---|---|---|
| Income Statement | |||||
| Revenue | $344.5M | $395.9M | $375.9M | $395.2M | $246.1M |
| Operating income | $16.8M | $24.9M | $17.1M | $33.3M | $17.2M |
| Interest expense | $13.4M | $15.4M | $14.2M | $1.6M | $3.0M |
| Pretax income | $1.8M | $7.7M | $820,000 | $31.1M | $13.4M |
| Income tax expense | $393,000 | $350,000 | -$641,000 | $7.8M | $3.3M |
| Net income | $1.4M | $7.4M | $1.5M | $23.3M | $10.1M |
| Balance Sheet | |||||
| Cash and equivalents | $125,000 | $342,000 | $215,000 | $228,000 | $24.1M |
| Current assets | $42.5M | $53.0M | $62.4M | $43.6M | $61.8M |
| Total assets | $290.7M | $314.4M | $339.8M | $169.0M | $197.2M |
| Current liabilities | $42.7M | $53.2M | $64.8M | $38.5M | $66.4M |
| Total liabilities | $177.7M | $204.2M | $237.4M | $77.0M | $131.6M |
| Total debt | $131.6M | $154.6M | $179.4M | — | — |
| Stockholders' equity | $113.0M | $110.1M | $102.4M | $92.1M | $65.6M |
| Cash Flow Statement | |||||
| Cash from operations | $23.2M | $27.4M | $31.0M | $1.2M | $45.7M |
| Depreciation and amortization | $17.2M | $17.1M | $15.6M | $7.7M | $8.1M |
| Stock-based compensation | $1.5M | $1.9M | $1.9M | $2.6M | — |
| Capital expenditure | $241,000 | $836,000 | $625,000 | $872,000 | $103,000 |
| Free cash flow | $23.0M | $26.5M | $30.4M | $371,000 | $45.6M |
| Share repurchases | — | — | — | — | $0 |
| Impairments | $0 | $0 | $0 | $0 | $0 |
Shares outstanding 14.5M · Free float 0.8%
Annual filing data through FY ended September 30, 2025; float as of July 8, 2026.