Dlh Holdings Corp. · NASDAQ:DLHC
Dlh — Q3 FY2026 Earnings Presentation
11 slides from Dlh's earnings presentation, Jul 30, 2026
Slide 1: FY26 Third Quarter Earnings
FY26 Third Quarter Earnings Three Months Ended 6.30.26 July 30, 2026
Slide 2: Call Participants
CALL KATHRYN JOHNBULL PARTICIPANTS President & Chief Executive Officer STEVE OROHO Chief Financial Officer © Copyright 2026 DLH Holdings Corp. All Rights Reserved. 2
Slide 3: Forward-looking statements
Forward-looking statements “Safe Harbor” Statement under the Private Securities Litigation Reform Act of 1995: This presentation may contain forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. These statements relate to future events or DLH`s future
Slide 4: CEO key updates – Q3 fiscal 2026
CEO key updates – Q3 fiscal 2026 Leadership transition marks next stage of DLH’s corporate journey • Kathryn JohnBull appointed President and Chief Executive Officer; Steve Oroho appointed Chief Financial Officer • Leadership team well positioned to advance the Company’s strategy and compete for new
Slide 5: Prioritizing strategic clarity, sharp focus during transition
Prioritizing strategic clarity, sharp focus during transition Grow Execute Expand addressable markets and Deliver innovative solutions to contract opportunities with a drive increase profitability focused pipeline Financial Strength Shareholder Value Continue emphasis on deleveraging Optimize a simp
Slide 6: Financial Results
FINANCIAL RESULTS © Copyright 2026 DLH Holdings Corp. All Rights Reserved. 6
Slide 7: FY26 Q3 results
FY26 Q3 results Q3 results reflect the impact of legacy contract transitions on revenue, earnings, and cash flow $6.5 Revenue Adjusted EBITDA1 Free Cash Flow1 ($ millions) ($ millions) ($ millions) $83.3 $8.1 $9.6 $44.2 $3.4 $4.2 FY25 Q3 FY26 Q3 FY25 Q3 FY26 Q3 FY25 Q3 FY26 Q3 $56.4 TPS Revenue2 $38
Slide 8: Maintaining consistent deleveraging trajectory
Maintaining consistent deleveraging trajectory Methodical debt paydown on track for second half of Total Debt fiscal 2026 ($ millions) $174.4 $166.5 $167.0 • Converted strong collections to $4.2 million of free cash flow to its lowest point since December 2022 of $128.7 million $154.6 $151.7 • Q3 de
Slide 9: © Copyright 2026 DLH Holdings Corp. All Rights Reserved.
© Copyright 2026 DLH Holdings Corp. All Rights Reserved.
Slide 10: Appendix
APPENDIX © Copyright 2026 DLH Holdings Corp. All Rights Reserved. 10
Slide 11: Non-GAAP Reconciliations
Non-GAAP Reconciliations The Company uses EBITDA, Adjusted EBITDA, EBITDA as a percent of revenue, and Three Months Ended Adjusted EBITDA as a percent of revenue as supplemental non-GAAP measures of performance. The Company uses Free Cash Flow as a supplemental non-GAAP liquidity June 30, measure. W