Filing Flows › DLH Holdings (DLHC) › Q1 FY26
DLH Holdings (DLHC) Q1 FY26 earnings results (first quarter fiscal 2026)
10-Q filed Feb 9, 2026
DLH Holdings (DLHC) reported revenue of $68.9M for the first quarter fiscal 2026 (Q1 FY26), -24% from a year earlier and -15% from the quarter before. Operating margin was 2.1%, net loss $1.3M (1.9% of revenue).
DLH Holdings, Q1 FY26: revenue $68.9M (-24% year over year), operating margin 2.1%, net loss $1.3M, operating cash flow −$4.8M. The chart follows the revenue to costs, profit and cash.
| Q1 FY26 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $68.9M | -15% | -24% |
| Operating profit | $1.4M | -37% | — |
| Net earnings | −$1.3M | — | — |
| Operating cash flow | −$4.8M | -145% | — |
What changed
Revenue was $68.9M in Q1 FY26, down 24% year over year and down 15% from the previous quarter.
Operating profit was $1.4M, a 2.1% margin (down 4.1 points year over year). Total costs fell 21% while revenue fell 24%. The quarter ended with a net loss of $1.3M, wider than the previous quarter's $920K loss. Net interest and other expense of $3.4M was the main reason.
Operating cash flow was −$4.8M. Non-cash charges added back $4.3M of depreciation and amortization and $647K of share-based compensation. Working capital and other items used $8.4M. Capital expenditures of $39K exceeded it, leaving free cash flow of −$4.8M.
Questions
What was DLH Holdings' revenue in the first quarter fiscal 2026?
DLH Holdings (DLHC) reported revenue of $68.9M for the first quarter fiscal 2026 (Q1 FY26), -24% from a year earlier and -15% from the quarter before.
Was DLH Holdings profitable in the first quarter fiscal 2026?
Operating profit was $1.4M (2.1% of revenue) and net loss $1.3M.
Source: DLH Holdings 10-Q on SEC EDGAR.