Filing Flows › Booz Allen Hamilton Holding (BAH) › Q2 FY26
Booz Allen Hamilton Holding (BAH) Q2 FY26 earnings results (second quarter fiscal 2026)
10-Q filed Oct 24, 2025
Booz Allen Hamilton Holding (BAH) reported revenue of $2.9B for the second quarter fiscal 2026 (Q2 FY26), -8% from a year earlier and -1% from the quarter before. Operating margin was 9.8%, net earnings $175M (6.1% of revenue).
Booz Allen Hamilton Holding, Q2 FY26: revenue $2.9B (-8% year over year), operating margin 9.8%, net earnings $175M, operating cash flow $421M. The chart follows the revenue to costs, profit and cash.
| Q2 FY26 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $2.9B | -1% | -8% |
| Operating profit | $283M | +10% | -48% |
| Net earnings | $175M | -35% | -55% |
| Operating cash flow | $421M | +254% | -28% |
| Free cash flow | $395M | +311% | -30% |
What changed
Revenue was $2.9B in Q2 FY26, down 8% year over year and down 1% from the previous quarter.
Operating profit was $0.28B, a 9.8% margin (down 7.7 points year over year). Total costs grew 0% against a revenue fall of 8%. The fastest-growing cost line was General & admin (+37%). Net earnings were $0.17B, down 55% year over year. The effective tax rate was 24.9%.
Operating cash flow was $0.42B (down 28% year over year), 241% of net earnings. Non-cash charges added back $0.04B of depreciation and amortization and $0.02B of share-based compensation. Working capital and other items added $0.19B. Capital expenditures of $0.03B left free cash flow of $0.40B.
Questions
What was Booz Allen Hamilton Holding's revenue in the second quarter fiscal 2026?
Booz Allen Hamilton Holding (BAH) reported revenue of $2.9B for the second quarter fiscal 2026 (Q2 FY26), -8% from a year earlier and -1% from the quarter before.
Was Booz Allen Hamilton Holding profitable in the second quarter fiscal 2026?
Operating profit was $283M (9.8% of revenue) and net earnings $175M.