Caci International, Inc. · NYSE:CACI
Caci International — Q2 2026 Earnings Presentation
19 slides from Caci International's earnings presentation, Jan 22, 2026
Slide 1: CACI International Inc Q2 FY26 Earnings Conference Call
CACI International Inc Q2 FY26 Earnings Conference Call January 22, 2026
Slide 2: Forward-looking statements
Forward-looking statements There are statements made herein that do not address historical facts and, therefore, could be interpreted to be forward-looking statements as that term is defined in the Private Securities Litigation Reform Act of 1995. Such statements are subject to risk factors that cou
Slide 3: On today's call
On today’s call John Mengucci Jeff MacLauchlan President and Chief Financial Officer Chief Executive Officer and Treasurer 3 |
Slide 4: Disciplined and consistent strategy execution
Disciplined and consistent strategy execution A national Seven markets Differentiation and Technology security served investing ahead of company customer need positioned to deliver Decades of mission Differentiation through Nearly 60% of total long-term knowledge software-defined tech revenue shareh
Slide 5: Q2 highlights
Q2 highlights Long-term Predictable Profitability Flexible and growth in free cash organic revenue supportive opportunistic flow per share and growth of continued capital shareholder value investment deployment $138 million 6% revenue growth 11.8% EBITDA1 margin Strong financial of free cash flow1 (
Slide 6: Electronic Warfare
Electronic Warfare Leading position (~$2B in revenue) Critical warfighting domain with increased focus and funding streams Software-defined approach increases speed, flexibility, lethality, and adaptability Programs of record with Army and Navy; growing demand from Air Force Successful rap
Slide 7: Enterprise Technology
Enterprise Technology Software and network modernization Driving efficiency, transparency, operational improvement and security Investing in commercial Agile software development Modernizing software and increasing efficiency and quality for Customs and Border Protection Developing and cro
Slide 8: Macro environment
Macro environment Healthy demand and strong pipeline in our markets CACI well-positioned despite government shutdown, driven by national security focus Reconciliation funding starting to flow Raising FY26 guidance based on strong performance and visibility Highly confident in meeting or ex
Slide 9: Q2 financial summary
Q2 financial summary Strong Performance Strong Organic Healthy EBITDA1 Adjusted EPS1 Free Cash Flow1 Revenue growth margin +14% YoY of $138 million 5.7% YoY growth 11.8% EBITDA1 Higher operating Strong profitability (4.5% organic) margin income Partial recovery from Execution, timing, Lower share co
Slide 10: Flexible and opportunistic capital deployment
Flexible and opportunistic capital deployment Internal Capital Returns Strategic M&A Investments to Shareholders Strong balance sheet (2.4x leverage1), diversified debt stack Net leverage2 after ARKA expected to be 4.3x; expect to be back in low 3s within six quarters Healthy cash flow business, rea
Slide 11: Raising FY26 guidance
Raising FY26 guidance Revenue growth of 7.8% to 10.1% Updated Guidance Prior Guidance (6.0% to 8.3% organic) Comfortable with current consensus estimate for Q3 revenue Revenue (millions) $9,300 – $9,500 $9,200 – $9,400 EBITDA1 margin in 11.7% to 11.8% range 2H margin expected to be consistent with 1
Slide 12: Positive forward indicators
Positive forward indicators Long-term visibility into our business FY26 Revenue Composition Q2 contract awards of $1.4 billion Book-to-Bill of 0.65x (TTM of 1.3x) Weighted avg. duration of > 6 years 95% STRONG Existing Business Performance Backlog of $33 billion ~3.7 years of annualized revenue 3% H
Slide 13: Closing
Closing Deliberate and successful execution of our strategy CACI is resilient and differentiated Creating value by expanding the limits of national security Raising FY26 guidance across all metrics Highly confident in meeting or exceeding 3-year financial targets Driving long-term growth
Slide 14: Appendix
1X Append CACI
Slide 15: Track record of disciplined leverage management
Track record of disciplined leverage management 5.0x National Security Solutions 4.5x 4.0x 3.5x 3.0x 2.5x 2.0x 1.5x 1.0x Jun-12 Jun-13 Jun-14 Jun-15 Jun-16 Jun-17 Jun-18 Jun-19 Jun-20 Jun-21 Jun-22 Jun-23 Jun-24 Jun-25 Jun-26 Jun-27 Net Leverage (Actuals) Net Leverage (Forecast) 1 Using capital allo
Slide 16: Definitions of non-GAAP measures
Definitions of non-GAAP measures Adjusted net income and adjusted diluted EPS are non-GAAP performance measures. We define adjusted net income and adjusted diluted EPS as GAAP net income and GAAP diluted EPS, respectively, excluding intangible amortization expense and the related tax impact as we
Slide 17: Reconciliation of net income to adjusted net income and diluted EPS
Reconciliation of net income to adjusted net income and diluted EPS to adjusted diluted EPS (unaudited) (in thousands, except per share data) Three Months Ended 12/31/2025 12/31/2024 % Change Net income, as reported $ 123,855 $ 109,938 12.7% Intangible amortization expense 35,984 32,442 10.9% Tax ef
Slide 18: Reconciliation of net income to EBITDA
Reconciliation of net income to earnings before interest, taxes, depreciation and amortization (EBITDA) (unaudited) Three Months Ended (in thousands) 12/31/2025 12/31/2024 % Change Net income $ 123,855 $ 109,938 12.7% Plus: Income taxes 37,664 27,294 38.0 % Interest income and expense, net 44,950 44
Slide 19: Reconciliation of net cash provided by operating activities to free cash flow
Reconciliation of net cash provided by operating activities to net cash provided by operating activities excluding MARPA, and to free cash flow (unaudited) Three Months Ended (in thousands) 12/31/2025 12/31/2024 Net cash provided by operating activities $ 154,195 $ 126,042 Cash used in (provided by)