Booz Allen Hamilton Holding Corporation · NYSE:BAH

Booz Allen Hamilton — Q2 2026 Earnings Presentation

16 slides from Booz Allen Hamilton's earnings presentation, Oct 24, 2025

  1. Slide 1: Q2 FY26 Earnings Call Presentation

    OK TO WORK DESIGN Booz Allen Hamilton Internal Q2 FY26 EARNINGS CALL PRESENTATION OCTOBER 24, 2025 Copyright © Copyright © Booz Booz Allen Allen Hamilton Hamilton Inc. Inc. 2025 2025 www.boozallen.com

  2. Slide 2: Earnings Call Participants

    PARTICIPANTS EARNINGS HORACIO ROZANSKI CALL Chairman, Chief Executive Officer & President PARTICIPANTS MATT CALDERONE Executive Vice President, Chief Financial Officer KRISTINE MARTIN ANDERSON Executive Vice President, Chief Operating Officer DUSTIN DARENSBOURG Head of Investor Relations Copyright ©

  3. Slide 3: Disclaimer

    Booz Allen Hamilton Restricted DISCLAIMER Disclaimer Forward Looking Safe Harbor Statement Certain statements contained in this presentation and in related comments by our management include “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995. Exam

  4. Slide 4: Key Takeaways

    KEY TAKEAWAYS Operating in a bifurcated market and funding levels have not normalized “I am deeply committed to ensuring Booz Allen is an Winning high-value work, particularly in essential player in driving National Security missions America’s technological superiority. I remain very Taking signific

  5. Slide 5: Q2 Summary Financial Results

    KEY FINANCIAL RESULTS Q2 Summary Financial Results • Revenue down 4.7%, excluding prior year Revenue Adjusted EBITDA change to the provision for claimed costs (8.1)% $3,146 Actual (11.0)% $364 • Strength across National Security (Defense $2,890 $324 & Intel) portfolio, up 4.8% year-over-year, $3,024

  6. Slide 6: Committed to a Balanced Capital Allocation Strategy

    CAPITAL DEPLOYMENT Committed to a Balanced Capital Allocation Strategy Quarterly Strategic Share Quarterly Dividends Dividends Strategic Capital Transaction Share Repurchases Repurchase s s Deployed $208M in share Continued Investment in $ Board approved quarterly dividend of $0.55/ share Tech Ecosy

  7. Slide 7: Updated FY 2026 Guidance

    FINANCIAL OUTLOOK Updated FY 2026 Guidance Updated Fiscal 2026 Prior Fiscal 2026 Guidance Guidance Revenue $11.3 - $11.5 billion $12.0- $12.5 billion Revenue Growth (4.0 - 6.0)% 0 - 4.0% Adjusted EBITDA $1,190 - $1,220 million $1,315 - $1,370 million Adjusted EBITDA Margin on Revenue Mid 10% ~11% Ad

  8. Slide 8: Appendix

    Booz Allen Hamilton Restricted APPENDIX Copyright © Booz Allen Hamilton Inc. 2025 www.boozallen.com 8 8

  9. Slide 9: Q2 and First Half Fiscal 2026 Results

    Booz Allen Hamilton Restricted KEY FINANCIAL RESULTS Q2 and First Half Fiscal 2026 Results SECOND QUARTER (1) FIRST HALF (1) Revenue $2.9 billion (8.1)% $5.8 billion (4.5)% Revenue, Excluding Billable Expenses $2.0 billion (9.5)% $4.0 billion (3.8)% Net Income $175 million (55.1)% $446 million (19.6

  10. Slide 10: Non-GAAP Financial Information

    Booz Allen Hamilton Restricted DISCLAIMER Non-GAAP Financial Information • “Revenue, Excluding Billable Expenses” represents revenue less billable expenses. Booz Allen uses Revenue, Excluding Billable Expenses because it provides management useful information about the Company’s operating performanc

  11. Slide 11: Non-GAAP Financial Information (Unaudited)

    Booz Allen Hamilton Restricted FINANCIAL INFORMATION Non-GAAP Financial Information (Unaudited) Three Months Ended Six Months Ended September 30, September 30, (In millions, except share and per share data) 2025 2024 2025 2024 Revenue, Excluding Billable Expenses Revenue $ 2,890 $ 3,146 $ 5,814 $ 6,

  12. Slide 12: Non-GAAP Financial Information (Unaudited)

    Booz Allen Hamilton Restricted FINANCIAL INFORMATION Non-GAAP Financial Information (Unaudited) Three Months Ended Six Months Ended September 30, September 30, (In millions, except share and per share data) 2025 2024 2025 2024 Adjusted Net Income Net income $ 175 $ 390 $ 446 $ 555 Change in provisio

  13. Slide 13: Non-GAAP Financial Information

    Booz Allen Hamilton Restricted DISCLAIMER Non-GAAP Financial Information (a) Represents the reduction to our provision for claimed costs for years prior to fiscal 2025 recorded during the second quarter of fiscal 2025, which resulted in a corresponding increase to revenue, as a result of the Defense

  14. Slide 14: Non-GAAP Financial Information (Unaudited)

    Booz Allen Hamilton Restricted FINANCIAL INFORMATION Non-GAAP Financial Information (Unaudited) Three Months Ended September 30, March 31, December 31, (a) In fiscal 2026, other corporate expenses consist (In millions, except share and per share data) 2025 June 30, 2025 2025 2024 primarily of nonrec

  15. Slide 15: Non-GAAP Financial Information (Unaudited)

    Booz Allen Hamilton Restricted FINANCIAL INFORMATION Non-GAAP Financial Information (Unaudited) Three Months Ended September 30, June 30, March 31, December 31, (a)Represents the reduction to our provision for claimed (In millions, except share and per share data) 2024 2024 2024 2023 costs for years

  16. Slide 16: Financial Results – Key Drivers

    Booz Allen Hamilton Restricted FINANCIAL INFORMATION Financial Results – Key Drivers Second Quarter Fiscal 2026 – Below is a summary of the key factors driving results for the fiscal 2026 second quarter ended September 30, 2025 as compared to the prior year period: • Revenue decreased 8.1% to $2.9 b

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